| It is likely to sustain its strong domestic growth trajectory, given its impressive client portfolio. The report expects the company's domestic revenues to accelerate at a CAGR of 20.4 per cent over FY05-08E. |
| Post-acquisition of a UK-based Shakespeare Forgings, exports, expected to grow at a CAGR of 56.4 per cent over FY05-08E, will be a key driver for the company. |
| The acquisition will add Rs 1.7 crore to the company's sales. El Forge is moving up the value chain by shifting its focus to machined components, which offer relatively higher margins (20-22 per cent against 12-14 per cent for forged products). |
| It is undergoing a major reallocation of its manufacturing facilities, in a bid to rev up operational performance. |
| Deepak Fert: Expansion on the cards |
| Asit C Mehta Investment Intermediaries, initiating coverage on Deepak Fertilisers and Petrochemicals, recommends a 'buy'. |
| The report states that the company is setting up a 70,000 tonne a year facility for producing IPA (isopropyl alcohol), which will be commissioned by May 2006 and is expected to add more than Rs 200 crore at full capacity utilisation. |
| The company is coming up with Ishanya, a B2B (business-to-business) speciality mall at a capital expenditure of Rs 110 crore and is expected to garner Rs 25 crore a year. The mall is slated to open by July 2006. |
| The company operates in the business of bulk chemicals with integrated manufacturing facilities at Pune. Its business can be categorised into two segments "" industrial chemicals and fertilisers. |
| The plant near Mumbai produces industrial chemicals such as methanol, ammonia, various grades of nitric acid, ammonium nitrate and liquid carbon dioxide. |
| KRBL: Banking on co-products |
| HDFC Securities, in its report on KRBL, states that the company, which is a leading basmati rice exporter, is banking on volume growth and co-products, going forward. |
| The business was started as a partnership firm in 1988 and was taken over by KRBL, which was incorporated for the purpose, in 1993. |
| The company processes basmati rice, non- basmati rice, parboiled rice and co-products of rice milling process. Its packaged basmati products have gained a brand image and are marketed under the brand names "" India Gate, Doon, Nur Jahan, Bemisal, Lotus and Aarti. |
| Acquisition of the processing plant at Dhuri (Punjab) will increase volumes processed from 45 mt/hr to 195 mt/hr and also lead to a rise in the manufacture of co-products. |
| The company will account for 11 per cent of the country's basmati exports. There will be assured supply of raw materials through contract farming with farmers. |
| The company will consolidate its position by increasing domestic market network under the same brand name. |
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