Camson bio technologies - 590076

Name of Company	Camson bio technologies
BSE Code	590076
NSE Code
ICICI Code
Established	1993
My Take	So-So
Headquarters	Madhure Hobli,Doddaballapur (Bangalore)
Promoters
Story	Raised money through IPO in 1995. First product CALPHOMIL was introduced in 2002. In 2008, Ranks 131 in Deloitte technology fast asia pacific companies. It is trying to setup second production unit in Uttarakhand by FY11.
Sector	Bio-technology
Sub-sector	Agricultural bio-technology- hybrid seeds, biocides, bio-fertilizers – research, manufacturing and marketing.
Website	http://www.camsonbiotechnologies.com/
Positives	Reserves are at around half of annual revenue of the company. >15% NPM's for the last 2 years. For FY10, 80 Cr revenue can be expected. Market cap is around 154 Cr at today's price. Expected profitability also is at 12 Cr. So, we can expect the PE at <13 – wait and buy. Has been growing consistently and can expect to grow further with expansion of business
Negatives	Sometime before Dec 2009, Camson farm produce Ltd and Sanathan herbals and naturals moved their category from non-promoters to promoter – not sure why.
Peers
News
Price @ blogged	157.25 (Jun-06-10)