KILBURN engineering

Kilburn Engineering 
Cmp 70
Market cap 86.16 Cr
Book Value -  83
Eps :-5.13
PE :-12.67

Company Profile:-

KILBURN Engineering Ltd. is a part of Williamson Magor (WM) group

WM was established in 1869 by Captain J.H. Williamson & Richard Boycott Magor

Group Headquartered in Kolkata, India & is presently headed by Mr B. M. Khaitan with interests in Tea, Batteries & Engineering.

Major Group Companies include

• Eveready Industries India Ltd – well known makers of dry cell batteries
• McLeod Russel India Ltd. – Largest bulk tea producer in the world
• McNally Bharat Engineering Co. Ltd. (MBECL) – EPC major in mining & material handling
• McNally Sayaji Engineering Ltd. (Subsidiary of MBECL) – Leading manufacturers of crushing, screening & grinding equipment.

Group Turnover: F.Y. 2015 – 16 – In excess of INR 6000 CR.
Promoters: Mr.B M Khaitan,  Mr. Aditya Khaitan, Mr. Amritanshu Khaitan

About Production facilities :-

• KILBURN is a world leader in design and manufacture of Rotary Dryers, Coolers, Kilns and Calciners. 
• KILBURN has several installations of Rotary Dryers worldwide. KILBURN Rotary Dryers are well known in various industries.

• Specialized for nearly four decades in Process Design, Manufacture, Supply, Installation and Commissioning of various critically customized process equipment for diverse applications
• Only company in the world to offer comprehensive range of dryers for solid, liquid and gas under one roof to cover wide range of industries such as chemical, petrochemical, oil & gas, refineries, power, steel, cement, fertilizer, mining, sewage treatment, food etc. It also manufactures specially designed packages required for various onshore and offshore applications.
• The applications range from drying and processing of materials, such as PVC, Carbon Black, Soda Ash, Sodium Cyanide, Rubber, Heavy Chemicals, Sewage to Sugar, Paddy, Tea, Coconut etc.
• Sound financial credentials.Exports 30 – 40% of the total turn-over every year.
• World class manufacturing and testing facility near Mumbai, India.In-house pilot plant facility available for testing of different material.

MY VIEW :-

• Company is from well known promoters and group,  so background of the company is very good... 
• Promoters are buying shares from open market... Is a good sign 
• Stock is Trading at lower than Book value 
• Company has started paying dividend from last Two years is a good sign
• 29th AGM of the company will be held on 25th September 2017,  might see some announcement from the AGM
• Trading above all 30,150 Moving Averages
• All Technical indicators suggest positive entry for Good targets.. 

We can see new 52 week high within short term and higher targets of upto 80+ levels..

==================================

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. 

 Before buying any stock take advice from certified person

NOTE : THE ABOVE IS NOT A RESEARCH REPORT NOR A RECOMMENDATION  BUT INFORMATION AS AVAILABLE ON PUBLIC DOMAIN. 

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”