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Wednesday, February 15, 2017
COMPUAGE INFOCOM LTD :- A VALUEPICK
Today we are discussing Storage Media & Peripherals segment stock for long term portfolio investor.
COMPUAGE INFOCOM LTD
Compuage, one of India’s leading IT distribution company, over the years
has trail blazed its way into being the most sought after, value added
distributor of global IT brands. Having a nationwide presence, Compuage
is a system oriented and process driven company. Added to this, is a
strong IT enabled distribution backbone, a solid financial and inventory
management system, a young and dynamic sales team and a committed
channel spread across the country. Headquartered at Mumbai, Compuage,
has been growing at a rapid pace and has an ambitious blue print for
with its ever growing alliances with Global IT giants, has to its
credit, many successful introductions of technological innovations and a
wind array of world class products in the Indian IT market.
Global Alliances have given plumage to Compuage to fledge its wings
succesfully in the distribution arena. Some of our Global partners are: Cisco, micro soft, jio, lenevo ect.
Compuage offers technical expertise that assures complete
reliability and performance. Armed with a well-trained team of service
personnel, we offer complete after sales support. Compuage an Authorised
Service Providers for ASUS, CREATIVE, FUJIFILMS, HP optical drive,
LITEON, RELICELL & TOSHIBA.
Management comments :-
Compuage Infocom Ltd, a Mumbai-based information technology and mobility
products (smartphones, tablets) distributor having revenues of over Rs
3,000 crore, expects sales to grow at a robust rate of 40 per cent in
With 28 vendors or clients, the company (smaller but comparable peer to
Redington (India)) plans to increase its presence from 485 cities
catering to 9,000 channel partners to 750 cities and 11,000 channel
partners in FY17. It has already added eight-nine new vendors in the
first half of FY17.
The company targets to become a billion dollar company by FY19 by adding
four-five vendors every year, brands (filling product gaps), enter new
markets/ cities and increase the share of fast-growing smartphones in
Promoter holding 61.50% stake in company, compuage posted 882 cr top line and 3.98 cr bottom line with an EPS of 3.4 in latest quarter . Huge positive comments from management side and good scope for growing 30% annual is more re raring may happen in this company , so long term investor can buy this stock @ current price and hold their portfolio for a multiple return. Feb 17 is the record date for stock split into 2 rs face value from 10. Compuage trading both NSE and BSE @ 290 level .
Before buying any stock take advice from certified person.
Disclosure :- I am holding this shares in my portfolio.