Market Cap at Rs. 215 Crores
Debt Free & NCAVPS Positive Company
Sugar:
Capacity - Probably the lowest amongst the listed peers at 3500 TCD - Decent Recovery from crushing at about 9.8-10%
MSP fixed by the govt at slightly higher rate as compared to last year - Most likely not have much impact on EPS as compared to last year of Rs. 30/-
Small Ethanol Capacity - in talks with State Govt - for about 45KLPD
Investments:
Holding about 88.4 Lakh shares in Seshasayee Paper Board valued at approximately Rs. 250 Crores
& Also 500,000 Shares of High Energy Batteries - valued at Approximately Rs. 15 Crores
To be considered -
- Holding company Discount
- Cyclical Product
Any views - am I missing out an anything?