Value Research

Vinati  Organics  (BSE Code: 524200   ) A leading brokerage house has advised its clients to invest in Vinati Organics, the largest manufacturer of ISO Butylbenzene (IBB) and ATBS in the world. The company exports its products to 22 countries with export earnings contributing to around 65 per cent of its total turnover. The company is growing from strength to strength and during the last five years, its sales turnover has more than doubled, from Rs 325 crore in fiscal 2011 to Rs 772 crore in fiscal 2015 and the net profit shoot up by around 125 per cent. The company is doing quite well even in the current year also with the half year net profit amounting to Rs 62 crore as compared to Rs 52 crore in the corresponding period last year.

 An An investment banker is bullish on Navkar Corpora-tion, which had entered the capital market last August to raise around Rs 600 crore, and of late, the logistics sector is in the limelight with the company providing container freight station (CFS) services and trading activities. At present the company has three CFS, two at Ajivali and one at Somarthane all near Panvel, Maharashtra. For fiscal 2015, it had earned a net profit of Rs 74 crore on a total income of Rs. 332 crore. And with the prceeds of the issue the company has started setting up a logistics park at Valsad, near Vapi. At the same time, the capacity at Panvel is also being raised. The benefits of these growth plans will be reflected in the company’s balance sheet from the year ending March 2017.

  STAR PAPER MILLS LTD  (516022)   (29.35) Star Paper Mills is engaged in manufacturing of paper and paper related products. Incorporated in 1938, the company is part of Duncan Goenka Group. Star Paper has received ISO 9001:2000 and ISO 14001:2004 certifications for its quality management. To produce its raw material, the company owns 34983 hectare on which 270 lakhs saplings have been grown spread across seven districts of western Uttar Pradesh and two districts of Uttranchal. The company has started Clonal Technology Programme with an intension to increase the yield per unit area. The paper major has developed fully automatic green houses and hardening chambers at Tapri for production of clonal plants. Star Paper Mills produces range of products used in industrial, packaging and cultural papers catering to almost all segments of consumers. The company has an installed manufacturing capacity of 75,000 tonnes per annum of paper and paperboard. Its clients include Century, Lamin