ALUFLUORIDE Ltd. (Once again)

Dear blog Readers,

                        ALUFLUORIDE was recommended on 12/05/2017 at 64.

                       ALUFLUORIDE made new 52 week high of 199 on 06/09/18 and achieved my all Target.

click here :- https://hiteshyadav.blogspot.com/2018/10/alufluoride-200-multibagger-returns.html

OLD UPDATES OF ALUFLUORIDE  ON BLOG :- 

Link to ALUFLUORIDE old call :- Click here

once again ALUFLUORIDE is looking good at 120 levels.

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Name of Stock :- Alufluoride Ltd. (cmp 123)

COMPANY PROFILE :- 

Alufluoride Limited started the project in 1993 for producing Aluminium Fluoride and related products. The project was completed in record time at a cost of Rs.200 million. Trial runs commenced in Nov, 1994 and a quality product was produced during December, 1994. Supplies started immediately thereafter to primary Aluminium smelters. The Company increased the production year after year maintaining high quality standards. The Company has an installed production capacity of 5000 tons of Aluminium Fluoride per year and plans to expand further.


Aluminium Fluoride – a high purity, free flowing and dust free powder, is produced with modern technology by reacting dry Alumina Hydrate with Hydro-fluosilicic acid, generated from the fluorine recovery unit of the adjoining fertilizer complex. Fluorine gases, otherwise an effluent are scrubbed with water to produce Hydro-fluosilicic acid - thus converting "Waste Into Wealth". 

This technology offers a minimum of 95% purity of Aluminium Fluoride. The product is well adapted to modern point feeding systems. Experienced professionals manage Manufacturing and QC operations. Production facilities are being optimized year after year to achieve higher productivity with better quality and economy in production costs.

This technology of Hydro-fluosilicic acid does not require any materials to be procured from abroad and thus is cost effective. Use of this technology helps in conserving critical natural raw material resources like Fluorspar and Sulphur used to produce Aluminium Fluoride with an alternate process technology.

During the production process of Aluminium Fluoride, two by-products - Silica and Calcium Fluoride are generated and these are also being used in chemical industry. Mother liquor from the process of Aluminium Fluoride is recycled to a fertilizer complex as a 
measure of water conservation.

Alufluoride enjoys a good reputation in domestic and overseas markets.

Major Aluminium smelters in India and abroad have been using the Company's Aluminium Fluoride regularly with increased quantities year after year.


Information from Company website :-http://www.alufluoride.com

KEY FUNDAMENTALS :- 

STOCK INFO
Market Cap	85.75Cr
P/E	10.38
52 W High/Low	199/75.60
Face Value	10
EPS	13.64
Book Value	57.08
Price/Book Industry PE Dividend Yield	2.15 13.93 ---

SHARE HOLDING PATTERN
Promotors	54.52 %
MF	0 %
DII	1.43 %
Public/NII	44 %
TOTAL	100%

PROMOTER HOLDING :- 

• PROMOTER HOLDING INCREASES CONTINUOUSLY 

FINANCIAL STUDY :- 

By Analysing Company's past 4 years result , Company is giving best result every year. 

Revenue is increasing, other income increasing. EBITDA increasing continuously.

Net Profit stood 2.16 Cr. in March 2016. While in FY18 company posted 6.46 Cr. of Net Profit. 

We are expecting company can reach 10 Cr.  Net PAT till 2020

RECENT NEWS OF THE COMPANY :-

• Alufluoride Ltd signs Mou with Jordan company for Aluminium Fluoride for production and marketing of Aluminium Fluoride.

• TriGeo Technologies Pvt Ltd has purchased 23418 shares of Alufluoride Ltd through market purchase
• The Company has taken up ALUMINIUM FLUORIDE and related products project expansion at Visakhapatnam based on the long term Hydrofluosilicic Acid agreements with the adjacent Fertilizer complex and with IFFCO Limited, Paradeep.

Why to invest in Company :- 

• Trading at PE 10 against industry average PE of 13.
• Consistent profit making company.
• More Specific focus on R & D carried out by the company. .
• Company is expanding its business and research..
• Aluminium fluoride prices have been rising due to stricter environment norms in China.
• The company benefits from a production process that is not dependent on China
• 60 percent capacity expansion next fiscal to aid volume growth.
• The company is on track with its capacity expansion plan of 4,500 tonne (vs. current capacity of 7,500 tonne) expected to be ready by the second quarter of FY20. 
• The company is on track with its capacity expansion plan of 4,500 tonne (vs. current capacity of 7,500 tonne) expected to be ready by the second quarter of FY20.

Verdict :-

• Valuation of the stock is reasonable, by seeing the strong growth prospects of the company, I have invested few amount in the stock keeping 150,190 target till March 2020

• The stock can touch 150,190 levels in 1-2 years.

Negative :- 

• Company DONT give dividend.
• Low volume stock.

P.S. :- Already holding stock from 100 levels, one can check fundamentals by own as my views may be biased due to self investment.

Happy Investing

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

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