VENKYS (INDIA) LTD {Packaged Foods }

Hi Guys ,




Today i am posting this multi beggar stock , as it is much profitable stock because this company's business model based on high margin packaged food products.


I would recommend to buy this stock 600- 750 approx as it made high position and my target would be 1200 rs within six months at least .



Company brief profile :=




The company operates through three business segments, namely poultry and poultry products, animal health products and oilseed. The company's major business segment is poultry and poultry products, which consists of production and sale of day-old broiler and layer chicks, specific pathogen free eggs, processed chicken products and poultry feed. They have manufacturing facilities for manufacturing nutritional health products for humans, and pet food and healthcare products. They have their animal health products manufacturing facility at Pune. They are also involved in solvent oil extraction. The company has 30 units spread across India.


Fundamentals :-



why i am suggesting this company because this company is hefty dividend payout company (23.58%)

QOQ sales and Operating profit is increasing gradually .


Sector PE is also higher than this company's PE hence it comes undervalues stock .



Outperforming Quarter Results (Dec QoQ):-

VENKYS (INDIA) LTD - FINANCIAL RESULTS

PARTICULARS ( CR)	DEC 2016	DEC 2015	% CHG
NET SALES	616.65	522.15	18.1
OTHER INCOME	8.85	7.9	12.03
TOTAL INCOME	625.5	530.05	18.01
TOTAL EXPENSES	533.1	501.31	6.34
OPERATING PROFIT	92.4	28.74	221.5
NET PROFIT	41.71	-2.73	1627.84
EQUITY CAPITAL	14.09	9.39

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