Orient Beverages Ltd Bisleri bottle Water Company Multibagger Target 200 Rs 2 year timeframe

Orient Beverages Ltd Bisleri bottle Water Company Multibagger Target 200 Rs 2 year timeframe

• Many people might not know when we say Oriental Beverages,but when we say Bisleri Water, it clicks eevrybody.Yes its one of the oldest botte water company in India with Marketshare of 35 %.

• The company was started in 1960 as a Infrasctructure company focusing on Construction.They went public in 1971 and with francise agreement with Parle they produced Softdrinks like Citra,Thumsup and Bisler Club Soda.

• In 2005 the company enter agreement with Bisleri international to provide package Drinking water.

• Bisleri waters are very famous in India and they are available in every corner store.

• Their Sales have increased 20 % y-o-y and will continue to grow at this pace ,as good drinking water is getting to the people.

• Also thier 25 litres bolleded cans are being used as alternate in lage corporate as substitue of Aquafina and Kinleys.
• Thier EPS stads at 5.8 and stock is trading at cheap mutiple of 12.
• We expect the stock to perform well in coming years and setting a target of 200 Rs in 2 year timeframe