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Superhouse Ltd is the flagship company of superhouse group which is one of the largest exporters of finished leather from India. Company is supplying products to major global brands like Tuff Tusker,Heckle,
Bulwark,Stabilus ,Secura ,Hauf ,HKS ,Globex, and EWS .
Apart from this company is selling its two
brands in India ‘Allen Cooper ‘ and‘Double Duty’ through company owned Allen Cooper shops. Company have six
subsidiaries - M/s Superhouse (UK) Limited,
M/s Superhouse (USA) International Inc,
M/s Superhouse Middle East FZC,
M/s Superhouse R.O. S.R.L.,Super House
HK Limited ,M/s Superhouse R.O. S.R.L.
and Super House Canada Inc.Superhouse group
having 15 manufacturing units across India.
Superhouse is the second largest exporter of Leather footwear and other leather products from India .Its products are exporting to countries like France, UK, Germany, USA, Canada, Spain, Scandinavia, Netherlands …etc under its own brand “ Allen Cooper” and supplying to various companies like Topman,Barrats,Next,Ikon,Bata, Hush Puppies ,Pierre Cardin,C&A,Eram,Andre, Dorothy Perkins, Nilson Group, Acebo’s…etc.In the safety shoe segment company exporting products under own brand “Double Duty” to Gulf countries and European countries.More than 80% of company’s turnover is presently from export and only now company seriously exploring the opportunities in domestic market with their “Allen Cooper “ brand. Super house group having 15 manufacturing facilities in India and marketing offices in UK, U.S.A., U.A.E. Canada,and Romania…etc . The company is also in textile segment like jackets and recently entered garments and has a garment manufacturing unit. The promoter mr Mulktar Amin has a vast experience in this field and promoter holding is 54%.
Company reported a top line of Rs.700 cr and a net profit of Rs.32 Cr in last financial year. Company reported half yearly rev of 302 cr and net profit of 13 cr for fy 16 Company reported an EPS of Rs.30 in fy 15 and ther half yr eps at 11 for fy 16 . The net block around 180 cr and general reserve at 220 cr and debt of 150 cr cash flow from operations for fy 15 44 cr .
Considering promoters experience,continuous growth in business, export opportunities, garment segment and comparative peer valuations can senior members enlighten why it is trading at around 11 PE and less than 2 PBV
Stock was listed only in BSE earlier and now it is listed in NSE also
Discl not invested as of now