Know Your Company :- Patels Airtemp Ltd.
Dear Blog Readers,
Today I am sharing my view on Patels Airtemp Ltd. Yesterday i have visited Plant of Company located at Santej Near Ahmedabad-Gujarat.
Company is manufacturing Steam boilers, shell and tube heat exchangers, air cooled heat exchangers, columns, refrigeration and air conditioning equipments, heat exchangers at single location.
Company is making Pressure vessels of small diameter to 7 meter diameter.
Company has around 250 Cr. of order book on hand.
Company following all ASME safety and standard rules across all manufacturing item. During June month ASME team will visit the plant for "N" stamp certification. If company Pass this audit and all parameters than it will great growth of company because it can manufacture Nuclear Vessels after acquiring this N Stamp.
Company is also engaged in manufacturing of Cryogenic vessels.
Some Technical Data :-
Financial Data :- Company's profit margin is increasing from last two years. and they are also keen to grow business.
Today I am sharing my view on Patels Airtemp Ltd. Yesterday i have visited Plant of Company located at Santej Near Ahmedabad-Gujarat.
Company is manufacturing Steam boilers, shell and tube heat exchangers, air cooled heat exchangers, columns, refrigeration and air conditioning equipments, heat exchangers at single location.
Company is making Pressure vessels of small diameter to 7 meter diameter.
Company has around 250 Cr. of order book on hand.
Company following all ASME safety and standard rules across all manufacturing item. During June month ASME team will visit the plant for "N" stamp certification. If company Pass this audit and all parameters than it will great growth of company because it can manufacture Nuclear Vessels after acquiring this N Stamp.
Company is also engaged in manufacturing of Cryogenic vessels.
Some Technical Data :-
Market Cap.: ₹ 92.81 Cr.
Current Price: ₹ 183.05
Book Value: ₹ 127.19
Stock P/E: 13.05
Dividend Yield: 1.21%
Face Value: ₹ 10.00
Financial Data :- Company's profit margin is increasing from last two years. and they are also keen to grow business.
Some of the Snaps of the products of the company..
This is not any recommendation to buy this stock..The only purpose is to make aware all investors about the company....
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Disclaimer:-
This is a personal blog and presents entirely personal views on stock market for only education purpose. Any statement made in this blog is merely an expression of my personal opinion. These informations are sourced from publicly available data. By using/reading this blog you agree to (i) not to take any investment decision or any other important decisions based on any information, opinion, suggestion, expressions or experience mentioned or presented in this blog (ii) Any investment decisions taken if any would be his/hers sole responsibility. (iii) the author of this blog is not responsible.
PATELS AIRTEMP (INDIA) LTD. has reported financial results for the period ended September 30, 2017.
ReplyDeleteThe company has reported net sales of Rs.40.55 crores during the period ended September 30, 2017 as compared to Rs.25.66 crores during the period ended September 30, 2016.
The company has posted net profit of Rs.1.98 crores for the period ended September 30, 2017 as against Rs.1.57 crores for the period ended September 30, 2016.
The company has reported EPS of Rs.3.90 for the period ended September 30, 2017 as compared to Rs.3.10 for the period ended September 30, 2016.
The company has reported net sales of Rs.53.61 crores during the 6 months period ended September 30, 2017 as compared to Rs.61.72 crores during the 6 months period ended September 30, 2016.
The company has posted net profit of Rs.3 crores for the 6 months period ended September 30, 2017 as against Rs.3.61 crores for the 6 months period ended September 30, 2016.
The company has reported EPS of Rs.5.91 for the 6 months period ended September 30, 2017 as compared to Rs.7.11 for the 6 months period ended September 30, 2016.