*Kamdhenu Ltd.* (Cmp Rs. 122 , Mkt Cap Rs. 330 crs.)
Kamdhenu Group is the market leader in branded TMT Bars and ‘Kamdhenu TMT Bar’ is the largest selling TMT Bar in India with brand sales turnover of ~Rs. 10,800 crores. Volume Sales growth of 6% with 24.9 Lakh TMT sold. Kamdhenu follows franchisee business model to bring more transparency and dynamism to the operations of the company. Kamdhenu has committed chain of over 11,500 dealers and distributors in India out of which 7,500 are exclusive for steel business. Kamdhenu being TMT expert has also launched earthquake resistant Kamdhenu PAS 10000 Steel and Kamdhenu Nxt TMT Bar. Kamdhenu Paints product portfolio under the brand KAMDHENU PAINTS-COLOUR DREAMZ includes Exterior Emulsions, Interior Emulsions, Acrylic Distempers, Enamel Paints, Cement Paints, Wall Primers & Putty, and Texture & Designer Finishes, Stainers, P.U. Wood Finishes and Metallic Finishes. Kamdhenu Paints has 4,000 dealers and distributors spread across the country. Production Capacity : Steel Rebars – 33 Lacs MT p.a. Structural Steel – 5 Lacs MT p.a. Coloured Coated Profile Sheets – 2.5 Lacs MT p.a. Kamdhenu Paints Installed capacity ~46,000 tonnes p.a. *Kamdhenu’s Vision 2022* Increased Capacity TMT : 50 Lakh MT Increase in Brand Revenue (Rs. Crs) : Rs.20,000 crs Increase in Royalty Income (Rs. Crs) : Rs. 150 crs Growth Drivers The market potential of affordable housing projects in the country is expected to touch Rs 6.25 trillion by 2022 India will need to construct 43,000 houses every day until 2022 to achieve the vision of Housing for All by 2022 Contribution of Premium Products relatively low in the Emerging Economy, with urbanization the demand for premium products will increase Kamdhenu as a brand will be able to leverage its position through its strong dealer network Based on the above multiple growth drivers we believe Kamdhenu can easily achieve the target as envisaged in it’s Vision 2022. Kamdhenu can be a potential multi bagger in the making as paint company commands a PE of around 75 however Kamdhenu having a great branded paint business available at very cheap multiples. -- Kindly email stock reports at STOCKRESEARCHER@googlegroups.com For sharing knowledge -- NIFTYVIEWS.COM NOW A FREE OPEN SOURCE WEBSITE. http://www.niftyviews.com/ Disclaimer :- "The opinions expressed by the members on this board are based on their individual experience and perceptions and to share information with other members with the best of intentions to help fellow members in investment decisions as equity investment is a risky venture.The administrator of www.Niftyviews.com just provide a platform for the authors to express their opinion and take no guarantee for the genuineness of the same."ANY member of this forum doesnt prepare or publish any research report; or ii. provide research report; or iii. make 'buy/sell/hold' recommendation; or iv. give price target; --- You received this message because you are subscribed to the Google Groups "Niftyviews.com" group. To unsubscribe from this group and stop receiving emails from it, send an email to stockresearcher+unsubscr...@googlegroups.com. To view this discussion on the web, visit https://groups.google.com/d/msgid/stockresearcher/CADFC1KSAW74E%3D5oeRb6%2BrGPkYOmy1Q5u7yvr0ZYi4H6LyVcz2A%40mail.gmail.com.
