Presenting to you 2 quality stocks which are proven multibaggers with great fundamentals and continue to show the mettle to give fabulous returns in the future. The two stocks are from the Food and Agriculture industry. Read on to make investment decisions.
Avanti Feeds Ltd
Avanti Feeds is the leading manufacturer of Prawn and Fish Feeds and Shrimp Processor and Exporter from India.
Avanti Feeds Limited has established joint venture with Thai Union Frozen Products PCL, the world’s largest seafood processors and leading manufacturer of prawn and fish feeds in Thailand with integrated facilities from Hatchery to Shrimp & Fish processing and Exports.
Avanti has Three Prawn and a Fish Feed Manufacturing Units, certified ISO 9001:2008.
Avanti Feeds boasts of a loyal and satisfied clientele across USA, Europe, Japan, Australia & Middle East.
Incorporated in Jan.’93 as a private limited company, Avanti Feeds Ltd (AFL) was converted into a public limited company in Oct.’93 and the name of the company was changed to AFL.
Last year in November, Avanti Feeds stock rallied 9% to Rs 2,046 on reporting 84% year on year growth in net profit at Rs 34 crore for the quarter ended September 2014.
Fundamentals:
The trading price of the stock is currently Rs 1640, and is trading above the book value of Rs 191.20.
The market cap of Avanti Feeds is Rs 1489.66 crores.
The stock’s valuation of 15.40x times is cheaper than the industry’s valuation of 20.98x times.
The current ratio is 1.66 and the interest coverage ratio is promising at 32.64.
The PAT (profitability after taxes) has increased from previous fiscal year’s 30.18 crores to current year’s 69.74 crores.
The EPS (earnings per share) is Rs 106.51.
The stock has given returns of 51% in the last 3 months.
Avanti Feeds made a 52 week high of Rs 2120 and a 52 week low of Rs 240.60.
The stock made a lifetime high of Rs 2120 on the 10th of November 2014 and a lifetime low of Rs 21.20 on the 16th of June 2010.
CCL Products India Ltd
CCL Products is engaged in the manufacture of Soluble Instant Spray Dried Coffee Powder, Spray Dried Agglomerated / Granulated Coffee, Freeze Dried Coffee, as well as Freeze Concentrated Liquid Coffee.
CCL Products (India) Limited was founded in the year 1994 with the vision of creating only the finest and the richest instant coffee in the world.
A strong infrastructural backbone combined with a global client repertoire in over 60 countries has enabled CCL Products to evolve into a public company limited by shares established under the laws of India.
CCL Products is BRC, IFS Certified and having Quality Management System (QMS) and has achieved “Trading House” status.
CCL Products has performed brilliantly in the year 2014. The stock rose nearly 300 percent in the year.
Growth outlook for CCL is very positive as Executive Chairman C Rajendra Prasad pegs FY16 revenues at Rs 1110 crore and PAT at around Rs 115 crore.
Fundamentals:
The stock is currently trading at Rs 177 above the book value of Rs 26.65.
The market cap of CCL Products is Rs 2341.29 crores.
The company’s valuation is 31.71x times and is thus expensive in comparison to the industry’s valuation of 21.81x times.
The EPS (earnings per share) is Rs 5.55.
The stock made a 52 week high of Rs 178.80 and a 52 week low of Rs 38.25.
The stock made a lifetime high of Rs 178.80 on the 9th of January 2015 and a lifetime low of Rs 5.20 on the 12th of March 2009.
The current ratio is 2.45 and the interest coverage ratio is 8.54.
The PAT as of March 2014 is Rs 64.42 crores and has gone up from 2013’s Rs 47.43 crores from consolidated income statement).