Monday, October 17, 2016

FIBERWEB (INDIA) LTD (507910 ) :- REPEAT

Dear friends,


  I have recommended " FIBER WEB (INDIA ) LTD " @ 115 level recently , stock now trading around 125 level, today company posted stellar set of half year results. Investors can reconsider this stock @ current level due to company's EPS projections and management commentary.

 

 Below is the summary of the company :- 

 

 Fiberweb India Ltd. engages in manufacturing spun bond nonwoven roll goods and other articles of plastics that caters to the Hygiene, Agriculture, Medical Industries. Incorporated in the year 1985, the company's office is based in Daman and Diu. The promoters holding in the company stood at 55.51% The company currently has a strong order book and its capacities are fully booked till March 2017 - Fiberweb India is engaged in manufacturing and exporting of Non-Woven Spun Bonded Polypropylene Fabric across the world. It is a 100% Export Oriented Unit (EOU) with 75% of the products exported (25% deemed export) to countries like USA, UK, Europe, Australia, New Zealand, South Africa and Middle East countries. .One of the units of the  company is set up for manufacture of Non Woven Spun Bonded Polypropylene Fabric. This fabric has diverse applications, Hygiene usage cover stock for baby diapers, sanitary products, etc; Agricultural usage crop covers, ground covers, etc., Medical usage medical madeups, bed linen, etc., and other applications like filtration medium, industrial work clothing, head covers, disposable table wipes and mats, etc.  In India Company supplies to Multinational Companies Johnson & Johnson India Ltd. and Unicharm India Ltd.
In last one year onwards company coming with impressive top and bottom line , recently company won big export order from USA
The company estimates  FY17 full year revenue growth 18-20% and an EPS of  Rs 14/-per share.




Old post HERE

Results HERE

34 comments:

  1. Thank you so much sir for giving a valuable gem ☺

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  2. valueable ji
    Can you share yours views on
    Kilitch Drugs and Prithvi Softech

    Shilpa

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  3. Great. How is this Quarter result sir ?

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  4. Fiberweb India looks very attractive. Bought half quantity of my allocation after ur first recommendation. Waiting to add remaining half after seeing excellent results, if I get any correction to ur recommended price. Have to see whether I will get that price or I have to buy remaining at higher price.

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    Replies
    1. I think 10 to 20% price plus or minus is not a matter in Long term investors.

      Delete
  5. Nice pics.. Now i account balance showing as green after follow your choice. and just came out from SPIC without lose and profit not a big issue. Good work. Thanks for support. Good luck your career, health and family.

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  6. Sir today market was 500 point up and every tom dick n harry were running except sree rayalaseem Hi-Hypo. Sir can you please throw some light on this pleasr as education purpose. Thanks

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  7. Missed the bus @115.Anyway what is the target price.
    How much time to hold

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    Replies
    1. I am not giving targets for any stocks, all discussed stocks are medium to long terms.

      Delete
  8. can we, still enter sacheta metal and sree rayalaseema???

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  9. Hi sir,

    Can you please tell me your views on PMC corpfinc

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  10. great picks sir ... 100% hit ratio great ... i am following your blog from last month

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  11. Please advice on gtl infra they are settling the debt and looking for auction by Feb 2017

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  12. Sir when you will release Diwali block bluster.

    KD

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  13. Thanks lot for Jupiter Informedia . It is about to one year . It tested the patient level . Ultimately came up with flying colors .Thanks Again

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  14. Sir, Your recommended stock Sspdl ltd. at 82 now on 103 & touched high 118 & big hot for more upside 160++ so thankx for Sspdl ltd.

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  15. Sir, how do you see future of Diamines & chemical after amalgamation of Diamines specialty chemical ltd. The present financial are not that attractive with falling annual sales. Kindly share your view.

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  16. Dear sir, can your please give your valuable views on repro India, thanks in advance,
    Shailesh

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  17. Sir whats your view about kilpest india

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  18. Sir,

    Can u please tell your views on fiberweb india it has been stopped at 133

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  19. Sir,

    Can u please tell your views on fiberweb india why it has been stopped at 133,can we expect whether it reaches to 150

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  20. Management has today contemplated raising 100 crores to fund the proposed expansion which will increase the capacity by three times.
    The story seems to be catching up sir .
    Thanks for the great find .

    ReplyDelete