Search This Blog

May 23, 2010

Raj Oil Mills Ltd - 533093

 

 

Name of Company

Raj Oil Mills Ltd

BSE Code

533093

NSE Code

 

ICICI Code

Established

1943

My Take

Dislike

Headquarters

Mumbai

Promoters

Story

With annual revenues greater than 450 Cr, this company has a market cap of around 200 Cr (at cost of Rs. 55). Company was taken over from original owners(father) in 2001 for 75 lacs. Shifted original plant from Mumbai to Thane. IPO listed in Aug 2009.

Sector

Edible oils

Sub-sector

Branded edible oils (sunflower, mustard, coconut, etc), buying selling oils, seeds.

Website

http://www.rajoilmillsltd.com

Positives

53% promoter holding. 200 Cr market holding at Rs. 54 (all time low for this recently listed stock).

Negatives

Oil companies have low OPM/NPM. P/E of 10 at Rs. 55 seems high.

Peers

Gokul refoils,

News

 

No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...