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Showing posts from January 17, 2016

KLRF Ltd: Hidden gem

KLRF Ltd: Hidden gem (BSE Code: 507598) (CMP: Rs.58.50) (FV: Rs.10) Kovilpatti Lakshmi Roller Flour Mills Ltd (KLRF) with its brand named ‘Kuthuvilakku’ came into existence in 1964 with the establishment of 46,800 MT of wheat flour mill at Gangaikondan in Tamil Nadu. The Company operates in five business segments: Flour Mill Division: The flagship division of the Company has an installed capacity of 74,000 TPA but operates at 70% capacity utilization with 30% spare capacity. From a traditional stone mill, it has transformed itself into a well-known manufacture of branded whole meal Atta that has more fibre, minerals and vitamins and is rich in aroma. The Company’s product portfolio comprises the entire range of wheat flour products that meet the demand of bakeries, paratha makers, hoteliers, sweet shops & confectioneries and domestic end-users. KLRF is a pioneer in tapping the high margin retail segment by launching 1/2 kg and 1 kg packs of Atta that are well-accepted by cons