- Himatsingka Seide (HSL) is a vertically integrated home textile major, focusing on the manufacture, retailing and distribution of home textile products.
- Headquartered at Bengaluru, the company has a global footprint. In manufacturing, it operates among st the largest capacities in the world and produces upholstery, drapery fabrics and bed-linen products.
- Spread across Asia, Europe and North America, its retail and wholesale distribution divisions carry some of the most prestigious brands in the home textile space and cater to private label programs of major retailers across these geographies.
- Promoter holds 58 % Share in the company and they have not pledged any share.This shows the sound knowledge of business. The company has good working capital and strong execution track record.
- There profit margin from business is around 25 % which is good (It means they invest Rs 100 in business and take Rs 125 as return).
- One challenge is the Rupee becoming strong could affect the export, other than its good textile stock to have in once portfolio.
- With Middle class income increasing, the consumption story of India is going to rise. So we should see this help company grown strong for next 5 years and stock will double from current price range
ONWARD TECHNOLOGIES LTD - TURNING AROUND Multibagger 3 years time frame Mid term
- Technology Companies are catching the attention of market participants mainly because of the expected favorable change in demand from foreign economies and some stability in exchange ratio.
- Onward Technologies Ltd is an IT company started by Mr Harish H Mehta Co-Founder & Former Chairman of the National Association of Software & Service Companies (NASSCOM). Now Company is run by Jighar Metha his Son.
- Company is offering solutions for sectors like Engineering Design Services ,Banking and financial services.
- Company is operating through various subsidiaries and associate companies namely Onward eServices Limited (OeSL) , Onward Technologies, Inc. North America (OTI),Onward Technologies GmbH Germany Onward Technologies Ltd., UK and Onward Technologies Ltd., UAE.
- Efficiency improvement steps helps the company to report better performance in recent past.
- In 5 years sales has increased from 60 Cores to 90 Cores close to 10 % growth in last 5 years.
- With Fresh team and new MD, the company will be dynamic and touch new heights. We recommend a buy with target of 180 in 3 years timeframe
Prem Watsa - An Indian who become Warren buffet of Canada - Latest Porfolio in India 2016
- Prem Watsa is a Canadian businessman who is the founder, chairman, and chief executive of Fairfax Financial Holdings, based in Toronto. He has been called the "Canadian Warren Buffett."
- Prem was born in Hyderabad. An IITS Madras Graduate went to Richard Ivy School to get his MBA.
- In 1985, Watsa took over Markel Financial and renamed it Fairfax Financial Holdings.Watsa helped grow the company, where it reached annual revenues of $8 billion a year in 2012.
- Watsa came in light in Indian media when he accuired Blackberry the Canadian company for $4.7 billion.
- He has done good Investment in India. His recent pick is ADI Finechem.
Indian Stocks in Portfolio:
- Quess Corp
- ICICI-Lombard
- Thomas Cook
- Sterling Holidays
- India Infoline
Oriental Carbon & Chemicals Ltd Multibagger 3 yrs time frame - Long term investment
- Oriental Carbon and Chemicals Limited (OCCL), a company belonging to the Duncan JP Goenka group of companies, traces its origin to 1978 when it was incorporated as Dharuhera Chemicals Limited (DCL).
- In 1994 OCCL set up a unit for manufacturing of Insoluble sulfur which later emerged as the star product of the group.
- OCCL is one of the market leaders in the production of Insoluble Sulphur for the Tyre and Rubber industry around the world both in terms of quality as well as quantity.
- It has state of the art manufacturing facilities in India at Dharuhera (Harayana) and at Mundra (Gujarat).
- Apart from Insoluble Sulfur OCCL also manufacture Sulphuric Acid and Oleums in its chemical complex at Dharuhera.
- The production capacity of Insoluble Sulphur now stands at 22,000 Mt per annum with new capacities slated to be added in near future.
- "Diamond Sulf" the brand under which the Insoluble sulphur is sold is synonymous with quality Insoluble sulphur in which it is the undisputed leader in India.
- Diamond Sulf is offered in various grades to satisfy diverse compounding requirements of Tire companies. The company today offers the widest range of Insoluble Sulphur in the world. This allows our customers to choose the grade which best suits their requirement . Custom made grades are also offered to meet some specific performance requirements.
- Sales has been consistent and EPS has grown by 10 % year on year for past 5 years.
- As the next big thing in India after Pharma is the Chemical industry which has captured the fancy of the investors worldwide.India will be the hub for chemical export like Pharma in the next 20 years and OOCL will benefit from it
- One can invest with 3 to 5 years horizon with the stock could reach 3 times from current level.
