CHART SHOW

21/05/2024

ABOUT
Roto Pumps Ltd was incorporated in 1968. Roto Pumps is the pioneer manufacturer of Progressive Cavity Pumps in India, renowned for providing efficient and reliable pumping solutions to a diverse range of industries including Wastewater, Sugar, Paper, Paint, Oil & Gas, Chemicals & Process, Ceramics, Food & Beverages, Renewable Energy & Power, Mining & Explosives, Marine & Defense. The co. is successfully exporting to more than 50 countries. Head office is in Noida, Uttar Pradesh.

KEY POINTS
Products
RPL manufactures different types of industrial pumps, such as progressive cavity and single- and twin-screw variants. These pumps are specialized and custom-made and used in industries where the fluid viscosity is high. They are also used in waste-water treatment, oil and gas, marine and sugar industries.

New Product Launch
In Feb,24, company started commercial production of Submersible Helical Rotor Pump Set, Submersible Centrifugal Pump Set, Solar
Controller with Remote Monitoring, Surface Helical Rotor Pumps in Roto Energy Systems Limited (WOS).

Manufacturing capabilities
The company has 3 manufacturing plants in India, 4 offices in India and 2 offices outside India.

Expansion of Geographical reach
The company started its business activities to service the Middle East and North Africa (MENA) region market in Sep,23.

Geographical Presence
The company is present in pan India and in 55+ countries

Capex
The company spent on manufacturing solar pumping systems, downhole pumps, and mud motors in FY23.

Subsidiaries
Roto Pumps America Inc; Roto Pumpen GMBH, Germany; Roto Energy Systems Ltd; Roto Overseas Pte Ltd and Roto Pumps Mena, FZE; and its step-down subsidiaries, Roto Pumps North America, Inc; Roto Pumps (Malaysia) SDN BHD; Roto Pumps (Africa) Pty Ltd.

Liquidity
Unencumbered cash and equivalent stood at Rs 23 crore as of FY23.

Focus
Company’s focus is to maintain the operating efficiency and profit margins. Implementation of SAP software, cost cutting, and efficient inventory management are some of the steps in this direction.

R&D
The co. has spent 2% of the revenues on R&D in FY20.
The R & D team is working to enhance efficiency so as to reduce the life cycle cost of products.

New high efficient Maintenance
The company’s registration of Design of new High Efficient Maintenance in Place Progressive Cavity Pump was granted in 2019. This is valid for a period of ten years.

technical pattern
cmp 457.
potential upside 40% (640).

24/03/2024

Investing in stocks can offer significant returns, but it comes with various risks that investors should be aware of. Here’s a summary of some common risks associated with stock investments:

Business Risk:
This involves the potential for financial loss due to factors specific to a company, such as management performance, competitive position, and industry health.

Market Risk:
The risk of investment value falling due to market conditions. It’s also known as “systematic risk” and can affect the entire market or specific sectors.

Economic Risk:
Refers to losses due to macroeconomic factors that affect the overall economy, like recessions, interest rate changes, and currency fluctuations.

Inflationary Risk:
The danger of inflation eroding the real value of returns, affecting the purchasing power of your investment over time1.
Liquidity Risk: The risk that you may not be able to buy or sell stocks quickly enough at a fair price.

Concentration Risk:
The risk of loss from being too heavily invested in a particular stock or sector2.
Interest Rate Risk: The risk that changes in interest rates will affect the value of stocks, especially those of companies in debt-heavy industries.

Political Risk:
The risk that political instability or policy changes can negatively impact investments, particularly in certain countries or regions.

Currency Risk:
For international investments, the risk that currency exchange rates will fluctuate and affect the investment value.

Horizon Risk:
The risk that your investment horizon may be shortened due to an unforeseen event, forcing you to sell at a loss.

Understanding these risks can help you make more informed decisions and develop strategies to mitigate them, such as diversification, setting stop-loss orders, and maintaining a long-term perspective. Always consider consulting with a financial advisor to tailor an investment strategy that suits your risk tolerance and financial goals.

23/12/2023

Jash Engineering Ltd

ABOUT
Jash Engineering Limited is manufacturing a wide range of equipment for Water Intake Systems, Water and Waste Water Pumping Stations and Treatment Plants, Storm Water Pumping Stations, Water Transmission Lines, Power, Steel, Cement, Paper & Pulp, Petrochemicals, Chemical, Fertilizers, and other process plants.

Jash offers a single-stop solution under one roof including Design, Casting, Fabrication, Assembly & Testing, and provides the most varied range of these products in the largest possible sizes.

Jash is today an industry leader in India for most of these products and also exports these products to over 45 countries worldwide.

KEY POINTS

Product Basket FY22
- Water Control Gates: 50% of revenues
- Screening Equipment: 25% of revenues
- Valves: 14% of revenues
- Hydropower & Pumping, Process Equipment, and others: 11% of revenues

The company has a policy of adding new products every year to improve its product portfolio and maintain its leadership position.

Product Usage:

- Industrial usage 10-20%
- Human Drinking Water 10-15%
- Storm Water Cycle 5-10%
- Human Waste Water Cycle 60-70%
- Renewable Energy Generation 5-10%

Market Leader

Jash is a market leader in India for most of the products that it manufactures and is also among the first 5 in the world in the Water control gates business. Over 50% of company business comes from exports and the company aims to increase this to nearly 65% in the foreseeable future.

Geographical Split FY22

The consolidated revenue distribution based on geography is split exactly into half i.e 50% domestic revenues and 50% revenues from exports.

Order-book

As of 1st August 2022, the total order book stood at an all-time high of Rs. 586 Crore of which Rs. 435 Crore worth of orders are for supply outside India.

Customer Base

Co. has a diverse customer base spread across the globe with a presence in countries like the United States of America, the UK, France, Germany, Qatar, Saudi Arabia, Bahrain, UAE, Hongkong, Singapore, Thailand, and over 35 other countries. [7] Some of their international clients are Hyflux, GE Power, Veolia engineering, etc. [8] Reliance, Adani, L&T are some of their domestic clients.
The top 5 customers contribute to around 20-30% of the total revenue.

Manufacturing Units

The company has 5 manufacturing units in total. In total employing 850 people. The company has designed their plants to be suitable for “Zero Water Discharge” and also to be water sustainable by having 100% rainwater harvesting by recharging more water than their annual requirement.
The Total Turnover Potential from the existing facility is ₹ 500+ Cr.

Expansion Plans

A new stainless-steel products plant will be built up at Unit 2. The work on this new plant will start in October 2022 at an approximate cost of Rs. 9 Crore and a further Rs. ~4 Crores will be invested in various other units to enhance and upgrade their facilities. A new plant is also being set up at Shivpad, Chennai at a cost of Rs. 12.

Technology Tie-up

The co. has produced the first indigenously manufactured Disc Filter machines in India under a technology tie-up with INVENT of Germany. It is actively pursuing to improve the indigenous content of these machines to over 95% and expects to achieve this target by March 2023. [14] A New agreement with Invent was signed in April 2022 for Aeration and Mixing Products. Commercial production will commence within the financial year 2023-24.

Future
For FY23, the co. expects major improvements from WOS Rodney Hunt on account of its Orange manufacturing facility’s profitable performance and its banking and bonding facilities availed by the co. It is expected to be the year when Rodney Hunt is back in the race to claim its erstwhile No. 1 position in the US market.
It also plans to start working on 2 more new products within this FY to improve their product portfolio.

Analysis

✔Earnings
Earnings Per Share is above its 3-year average.

Revenue YoY
Revenues are growing slower than its 3-year average.

✔Operating Margin
Operating margin is high relative to its 3-year average

Price to Earnings
JASH is overvalued when compared to its 3-year average PE Ratio

✔Debt to EBITDA
Debt to EBITDA has been decreasing from its 3-year average.

✔Return on Assets
Return on assets is higher than its 3-year average.

TECHNICAL:-

✔BULLISH ON Chart
TREND SEMI SWING
CMP 1521
POTENTIAL UPSIDE 2281. (50%).
TIME FRAME TILL 31ST MARCH 2024.

NOTE :-✔ NSE TAGLINE Soch kar samajh kar invest kar

14/03/2023

10/03/2023

07/03/2023

02/03/2023

22/02/2023