Bharat Rasayan established in 1989 is a privately managed organization having manufacturing units in and around Mumbai INDIA. We are a part of the broader Shah Group of Companies. Bharat Rasayan serves a wide range of industries including but not limited to Pharmaceuticals, Bulk Drugs, R&D, Petrochemicals, Flavors & Fragrances and Specialty Chemicals. We provide Custom manufacturing/Contract manufacturing of diverse compounds to meet the unique needs of every client. In addition we offer a number of Grignard Reagents, Pharma / Drug intermediates and solvents on a regular basis.
Screener URL: http://www.screener.in/company/590021
Warren Buffett Checklist
|History of Consistently Increasing Sales, Earnings & Cash Flow||Yes.|
|Durable Competitive Advantage||Moderate.|
|Future Growth Drivers||Moderate.|
|Conservative Debt (long term debt < 3 Net Profit)||Okay.|
|Debt Equity Ratio, Current Ratio||High.|
|Return on Equity must be Above Average||28%|
|Low CAPEX required to maintain current operations||Moderate.|
|Management is holding / buying the stock||Holding 75%. Flat. (no pledging)|
|Price is Under Valued (< intrinsic value)||Yes.|
|Stock Price is consolidating (now)||Yes.|
|Stock Price is growing in past years along with EPS growth||Yes.|
Additional Futurecaps Checklist
|Consolidated PE, PB Ratio||PE 10, PB 3|
|Cash Flow Positive, Net Profit % greater than 8%||Yes. Yes.|
|Paying Dividends, Tax||Yes. Yes.|
|EPS Growth Rate||50% – 3 year average|
|Jump in Trailing Result EPS||Yes.|
|Jump in Quarterly Result EPS||Yes – 400%|
|Expected Gain in 5 Years||30-40 times if current EPS growth is sustainable applying PE-resizing to 30.|
|Price Movement Graph, 52 Week High & Low||777/101|
|Volume Analysis||173 (Very low to execute buy order)|
|Power of Brand||Moderate.|
|Corporate Governance, Reputation of Leaders||Yes.|
|Fraud reported||Not in current search.|
|Annual Report||Future Plans good – expansion with borrowing in card. Be watchful though as in 2 years economy can turn bad. LINK|
It is a potential multibagger.
2-3% of current portfolio.
Futurecaps recommends 100 to 150 multibaggers per year, we recommend a 25% to 50% allocation of your savings in equity. The stocks recommended here are gone through Analysts of several years experience in stock market. Although they were successful in predicting future multibaggers, the overall stock market is a risky game. So we recommend the reader to put his/her own thoughts & invest wisely.