Hisar Metal Industries Ltd.

CMP = 198

Hisar Metal Industries was incorporated in the year 1991 and located in the state of Haryana, 160 km from New Delhi, Hisar is popularly known as the ‘Stainless Steel City of India’.

Hisar Metal Industries Limited (HMIL) is engaged in the business of manufacturing cold rolled stainless steel strips, stainless steel tubes & pipes, high precision, ultra-thin (up to 0.08mm) Strips. These Stainless Steel are 200, 300, 400 Series, and Duplex Grades with a production capacity of ~22000 TPA

The company has 2 Nos. of 6 Hi-Cold Rolling Mills, 3 Nos. of 4 Hi-Cold Rolling Mills, 1 No 20Hi Cold Rolling Mill and 10 Tubes Mills. The company has successfully commissioned its prestigious project of 20Hi Foil Mill for ultra thin material during the year and commenced commercial production w.e.f. 21st March, 2024. The company has immense capability to keep pace with the growing requirement of the industry. 

The company is utilising state-of-the-art-technology and high precision machinery to meet highest industry standards with dimensional accuracy, excellent flatness, and smooth surface finish. Hisar metal follow the stringent quality control and pursuing dynamic Research & Development to meet demanding high standards. Backed by a dedicated, skilled technical workforce and a flair to excel in providing services made it possible for Hisar Metal to stand out as one of the leading suppliers of high-quality Stainless Steel Strips to the domestic as well as overseas customers.

Stainless steels: recycled for lasting value

https://youtu.be/DD9iY-NbhFs

Stainless Steel, since its first cast in the year 1913, has come a long way. Today, Stainless Steel the versatile metal is widely used not only by the heavy industries but practically by all small and medium industries that manufacture our day to day utility products, be it cooking utensils or high precision electronic gadgetry. The demand base of the Indian stainless steel industry is second to the textile industry in terms of sheer magnitude. No doubt Stainless Steel is called - the versatile metal, because of its numerous applications and extraordinary properties.

Stainless steel: alloyed for lasting value

https://youtu.be/l4Z1UVWm3DE

Stainless Steel Range

Each one of the grades is grouped into one of three main stainless steel families. These families are named after their metallurgical microstructure. The three groups are Austenitic, Ferritic & Martensitic.

Stainless Steel Characteristics

Stainless Steel is not a single specific material but a group of steels containing a minimum of 11% chromium with or without varying addition of nickel, molybdenum, titanium and other elements. Stainless steel has emerged as a metal of choice due to its diverse applications. Stainless steel (SS) is used in architecture, building and construction, automobiles, railways, transport, process industries etc. Stainless steel due to its distinct characteristics, has an edge over carbon steel. It provides a good combination of strength, pliability, has a longer average product lifecycle and a relatively low/nil maintenance cost compared to carbon steel.

Adding nickel to stainless steel in adequate sums changes the microstructure to Austenite. 70% of commercially produced stainless steel is austenitic. The most widely recognised grade of austenitic stainless steel is 304. Globally, 304 records for over half of stainless steel consumed. A common name for 304 stainless is 18/8. This name refers to the average composition, 18% chromium and 8% nickel. Some of the features of stainless steel include excellent corrosion resistance, ductile and readily formable, excellent weldability, hygienic with excellent clean ability

Rationale

Stainless steel is a specialty metal with unique high corrosion resistance properties. Also, it is quite distinct from carbon steel. Stainless steel is environment supportive, aesthetically appealing, economical, highly sustainable, hygienic and easy to maintain. One of the unique features of this metal, is that it can be reused and recycled, making it environment friendly. Over 50% of the new stainless steel is made from re-melted scrap-metal making it a ‘Green Metal’. Stainless Steel is also dubbed as ‘Wonder Metal’ because of its distinguished characteristic like low maintenance, weld ability, aesthetic appeal, durability, low life cycle cost, good erosion and corrosion resistance. These qualities make it an ideal material for many applications for usage in various end use sectors.

Stainless steel usage due to its inherent characteristics can be a game-changer in many advanced applications that is nation’s priority areas, such as renewable energy, agriculture, dairy development, construction, health care & pharmaceutical, food processing, infrastructure related initiatives, strategic sectors like nuclear energy, defence & aerospace,  besides traditional applications in many segments including automobile, railways, transport, process industries, household goods, cutlery, etc.  National Green Hydrogen mission, which seeks to establish India as a global hub for hydrogen production and storage, will drive the demand for stainless steel.

India's per capita stainless steel consumption in 2023-24 was 3 kg, whereas the global average was 6.5 kg. The figure highlights a significant potential to increase per capita steel usage and the country’s overall stainless steel demand. Currently, the building, construction, and infrastructure sectors account for the lion's share of domestic consumption that are poised for robust growth. Stainless Steel consumption across sectors is projected to grow CAGR 8-10% to 6.56 MT from 3.43 MT currently in the next 8-10 years.

The Indian government has taken several measures to boost domestic steel consumption, particularly within the housing and infrastructure sectors. Flagship schemes such as Pradhan Mantri Awas Yojana (PMAY), Atal Mission for Rejuvenation and Urban Transformation (AMRUT), and Smart Cities Mission, along with national projects such as the National Infrastructure Pipeline and Sagarmala, are driving demand across sectors. 

The Indian stainless steel industry has made a rapid progress on strong fundamentals over the recent few years. The industry is getting all essential ingredients required for dynamic growth. The government is backing the industry through favourable industrial reforms. Indian steel demand is expected to boost by Infrastructure & Construction development sustained by industrial, manufacturing and capital goods and be stimulated by the automotive, railways and consumer durable sectors.

AAIRA INDIA  have collaborated with Hisar Metal to produce best quality innovative products in the field of plumbing services and introduced Stainless Steel Water Pipes and Fittings, to solve problems of leakage, seepage and unhealthy water flow supplied due to poor quality materials used in manufacturing pipes and fittings for plumbing applications.

The combined expertise of both companies will ensures to stay ahead in the stainless steel plumbing industry, providing solutions that address  client's changing demands.

https://instapressfit.com/Insta-Pressfit-Cateloug.pdf

https://youtu.be/nP1hllkIJvM

The strategic location of the company in Hisar provides several benefits in manufacturing stainless steel products i.e market, machine, material and manpower. For domestic stainless steel customers 'Hisar' is most preferred destination and it become brand name for stainless steel.

Conclusion

The potential of Indian market to grow from the current per capita consumption of 3 kg of stainless steel to the global standards of 6.5 kg is enormous considering the vast application in the fast growing sectors in India that includes large housing and infrastructure projects, defence, nuclear, energy generation , kitchens and consumer segment. India has shown the fastest CAGR of 8-9% for stainless steel demand over last few decades which is highest among other global markets. The wide range of application and the India’s consumption requirements will help stainless steel to grow exponentially in the coming years and to contribute to the economic growth of this country.

Hisar Metal is micro-cap company with sizeable sales around 250 crores. It has lot growth potential due to very bright future of stainless steel segment. Recent meltdown in steel prices has given good opportunity for investment.  Hisar Metal Industries stock at cmp Rs 198 is excellent investment opportunity for both short term and long term. It can be bought within 20% from cmp with 10 %  allocation.

Diwali Greetings

 

Dear Blog Members,

    May this Festival of Lights Bring  Peace and  Prosperity to You and Your Family

Vijayadashami Greetings

 

Dear Blog Members,

Wishing a very happy Vijayadashami to you and your family

Manaksia Steels Limited

 

CMP = 55

Manaksia Steels Limited is flagship company of the Manaksia Group. It is a multi location, Multi – Product, light Engineering Company in the field of Metal Products & Metal Formation. An ISO 9001: 2015 accredited company, major products include Cold Rolled Steel Sheets & Coils, Galvanised Steel sheets & Coil, Colour Coated Steel sheets & coils. The company has a long experience in manufacturing of Pre-Painted steel sheets / coils. 

The Company has state of-the-art manufacturing units are located in Haldia and Bankura, West Bengal, India. The company has ventured into the long steels segment in Nigeria through its step-down subsidiary (Federated Steel Mills Limited), which recycles steel scrap and manufacture steel bars used in construction with multi-year growth possibilities.

The company has following subsidiaries - with % extent of holding

Technomet International FZE United Arab Emirates - 100% 

Federated Steel Mills Limited Nigeria - 100%

Far East Steel Industries Limited Nigeria - 100%

Sumo Agrochem Limited Nigeria - 100%

Cold Rolled Coils

Cold Rolled Steel sheets / coil are produced by undergoing a series of process such as Cold Reducing, pickling, oiling, cold rolling of hot rolled coils annealing and tempering so the product has characteristics of good formability and uniform flatness. These sheets and coils are utilised in various industries, such as automobiles, home appliances, hot dipped galvanised steel and pre-painted steel products. 

This plant is an ISO 2008/9001 Certified unit and all products are as per the ISO standards. The Cold Rolled products are manufactured under all international standard like JIS 3141, BS 1449, DIN 1623, and IS 513.

Other than the above company also endeavour to supply & develop the products required by the Customers.

Manaksia Steels is a global supplier of pre-painted galvanized steel coils and sheets. Its sales footprint extends across Bhutan, Ethiopia, Liberia, Sierra Leone, Gambia, Ghana, Nigeria, Sri Lanka, Hong Kong, Indonesia, Malaysia, Singapore, Myanmar, Nepal, Philippines, South Africa, West Africa, and  UAE.

Hot Dipped Galvanised Steel

Manaksia Steels installed hot-dipped galvanising lines in the year of 2000 at Haldia and Bankura. The company specialises in producing hot-dipped galvanised steel for the building materials, automobiles, white goods, and electronic appliance industries. 

Hot Dipped Galvanised Steel Sheets / Coil a product of continuous Hot Dipping of Cold Rolled Steel Sheets in to Zinc pot, has an excellent corrosion resistance, paintability and workability due to galvanic unique behaviour of Zinc.

Hot Dipped Galvanised Steel is produced in accordance with relevant national and international standards such as JIS G 3302, ASTM A 653, IS 277 and as per specific requirement.

Pre-painted Profile Sheets

Manaksia Steels product range include Pre-Painted Sheets of various substrate material with an annual capacity of approx. 60000 MT.

The pre-painted continuous colour coated line processes various substrates including galvanised steel, aluminium zinc alloy coated steel and aluminium coils. The facility is capable of producing roofing / structural profiles such as Trapezoidal and Sinusoidal shapes.

It is an ISO 9001-2000 accredited facility and conforms to strict quality norms across all functions. The product finds wide application in Roofing, Cladding, Insulated Panels, Automotive Body Building, White Goods, Housing for Appliances and Storage Units, etc.

Investment Rationale

Manaksia Steels Limited is a multinational organisation specialises as a niche value-added steel company. The metal products and metal formation company has demonstrated an excellence in the field of light engineering. The Company is changing its DNA to graduate to value-added flat steel products, with the objective to enhance value for all stakeholders.

The Company customises metal products that are used in the housing, consumer appliances, industrial, and warehousing sectors. The Company provides superior customer service with a blend of speed and sensitivity. The company made strategic investments in state-of-the-art technology enabled plant (automated equipment, enhancing asset utilisation, efficiency, consistency and profitability). The company is focused on  addressing an increasing demand coming out from India’s housing and infrastructure sectors.

The company customises across sizes, variants and combinations, marketed under the trusted ‘5 Star’ brand. The galvanised corrugated sheets are branded as ‘5 Star Super Shakti’ the colour coating sheets and coils enjoy a distinctive recall around the ‘5 Star Super Colour’ brand.

MSL is currently in the process of debottlenecking its production facilities to enhance the capacity utilisation and expansion upto 150,000 TPA. When operated at full capacity, the enhanced facility could generate a potential revenue of Rs 1,300 Cr . Even after this capacity expansion the company is likely to have approximately Rs 75 Cr on its books, which is an adequate buffer to address increased working capital.

The company has proposed Rs 80 Crore investment in new product line called Aluzinc with a production capacity of 96,000 MTPA. The company is already in process to commission Aluzinc unit at the Haldia plant. With the completion this unit, the overall capacity utilisation is expected to increase from FY25 onwards. The project is being executed in two phases, the first of which is expected to be completed by Q3FY25.

The company intends to double its production capacity, enhance the proportion of value-added products, deepen its terrain presence and address wider customers. This decisive investment is expected to graduate the company to the next level, marked by sustainable growth, larger surplus, critical mass and enhanced stakeholder value. 

Experienced promoters

MSL is promoted by Suresh Kumar Agrawal and family with experience of about four decades in steel manufacturing industry. Varun Agrawal (son of S. K. Agrawal) looks after the company’s day-to-day affairs and the support of experienced professionals.

Strategic location of the plant

The strategic location of the company in Haldia provides strategic benefits in manufacturing steel products, freight cost constitutes a significant portion as large amount of bulky raw material is required to be sourced to the manufacturing site. The company needs to procure HR coils and Zinc from both domestic and overseas supplier. The plant’s proximity to Haldia port area enhances its ability to import raw materials easily and it helps the company to save the time and logistics cost. This advantage reinforces the ability to cost-effectively source materials for production, strengthening competitiveness.

The company has manufacturing facilities in India and Nigeria. It is a prominent supplier across India and abroad. The products of the company are marketed across West Bengal, Bihar, Uttar Pradesh, Bhutan, and Assam. Its international sales footprint extends across Bhutan, Ethiopia, Liberia, Sierra Leone, Gambia, Ghana, Nigeria, Sri Lanka, and UAE.

The Company installed a solar captive power plant with a 1MW capacity. The company has increased the colour coating capacity from 150 tonnes per day to 200 tonnes per day  and it intends to enhance solar power plant capacity by another 1 MW. The company  plans to start a new galvanising line to address growing demand, facilitating a larger output of colour coating sheets. 

The company has wide distribution network. Its products are delivered to consumers through a network of about 85 distributors and 450 retailers. The company has a 10% market share of colour coated sheets and a 15% market share of galvanised sheets, both from among secondary flat steel manufacturers in the respective area of operation.

Conclusion

Manaksia Steels  has  niche value-added steel products. The company specialised in the area of light engineering. The company customises metal products for use in the housing, consumer appliance, industrial and warehousing sectors. 

Manaksia Steels has patiently enhanced its manufacturing capacity, invested out of accruals, focused on a geographic region and strengthened the portfolio mix. Now the time has come for the company to make its big move. Manaksia Steels is well positioned to maximise value for all its stakeholders in a sustainable way.

Manaksia Steels Limited stock at cmp Rs 55 is excellent investment opportunity for both short term and long term. It can be bought within 20% from cmp with 10 %  allocation.

Happy Independence Day

Dear Blog Members,

May the glory of Independence Day be with us forever. 

Wishing you a very Happy Independence Day!

Aarti Surfactants Limited

 

CMP = 639

Aarti Surfactants Limited  was listed in 2020 as a result of the demerger of the home and personal care division of Aarti Industries Limited. The company is a renowned manufacturer of innovative and high-quality specialty surfactants.

The company produces ionic and non- ionic surfactants and specialty products find application in consumer-centric personal care and home care products, skin care, oral care, hair care, cosmetics, toiletries and detergent products and for industrial application. Its product portfolio includes surfactants, mild surfactants, rheology modifiers, preservatives, pearlizing agents, UV filters, soap bases, active ingredients and conditioning agent blends. 

The company has two state-of-art manufacturing plants located at Pithampur in Madhya Pradesh and Silvassa in Dadra Nagar Haveli.

Investment Rationale

Aarti Surfactants has well established market position with reputed client base  comprising of leading multinational companies in the FMCG sector. Aarti Surfactants is a preferred supplier to Hindustan Unilever, Proctor & Gamble, Patanjali and Dabur as well as other reputed global brands in India.

Aarti Surfactants has significantly expanded and diversified its product portfolio, client base and geographical footprint. Its product portfolio comprises over 20 product grades, which are marketed to customers in over 13 countries, including India, USA, South America, South East Asia and Europe. The company has planed to increase its export share to ~35% by FY26 which is likely to further boost its profit margins.

Since inception, company is gradually expanding its production capabilities. With recent completion of capacity enhancement of Pithampur (Madhya Pradesh) plant, the company is in a position to meet this increasing demand. The total capacity of the company is enhanced  to 1,32,600 MT per annum with capital expenditure of around Rs. 100 crores in last few years.

Further, company is set to expand its production capabilities with the establishment of a new cutting-edge sulfonated products manufacturing unit in Pithampur, Madhya Pradesh. This strategic move is expected to substantially boost Aarti Surfactants production capacity to total 175,000 MT/year. 

The company created a distinctive identity for itself in global markets backed by diversified product portfolio customised as per client needs. Aarti Surfactants offers a wide range of innovative, customisation, eco-friendly and high‐quality products to its customers. It is well poised to capitalise emerging opportunities in key customer industries by leveraging its manufacturing capacities, wide product portfolio, and strong R&D capabilities. Its reputation as a reliable supplier of consistent quality surfactants at competitive prices would assist greatly in exploiting opportunities emerging in domestic as well as overseas markets. 

The growing emphasis on personal hygiene and grooming, coupled with increasing disposable incomes, has unlocked enormous opportunities for specialty surfactant manufacturers. Consumers are increasingly becoming conscious of their appearance and well-being, leading to a surge in demand for high-quality home and personal care products that deliver effective and desirable results.

The company product portfolio finds application in diverse segments of home and personal care industry which is ever-green and ever-growing. Demand of  skin care, oral care, hair care, cosmetics, bath and shower, sun care, fabric / laundry care dish washing, surface care products will continue to grow with increasing population and growing disposable income.

Its manufacturing units  has logistical advantages on account of its proximity to major ports and FMCG companies in India. The manufacturing units are equipped with cutting-edge machinery and technologies and house a robust R&D facility. The qualified and experienced in-house R&D team focusses on the development of high-performance products and formulations for the consumer-centric home and personal care industries

The company is maintaining strong relationship with large MNCs in the FMCG sector. It helped in expanding its customer base in domestic as well as export market in past few years.

Aarti Surfactants continue to benefit from rich experience of their promoters in chemical / pharma sector through the Aarti Group.  Aarti Industries was incorporated in 1984 and is a leading Indian manufacturer of speciality chemicals and pharmaceuticals with a global footprint. 

Conclusion

The home and personal & home care industry is significant contributor to the growth of the surfactants market. Surfactants find extensive use in various products including detergents, soaps, shampoos, conditioners and cosmetics. Several factors like rapid urbanisation, growing middle-class population, improved living standards and rising demand from end-use industries will lead the growth in home and personal care segment.

Aarti Surfactants has built a solid reputation in the market owing to its unwavering commitment to superior manufacturing capabilities, stringent quality control, and a customer-centric approach.

Aarti Surfactants Ltd stock at cmp Rs 639 is excellent investment opportunity for both short term and long term. It can be bought within 20% from cmp with 20 %  allocation.

Holi Greetings

 

Dear Blog Members

"May this Holi bring joy, success and prosperity in your life"

"Wishing you and your family a very Happy and Prosperous Holi"

Visaka Industries Limited

 

CMP = 125

Visaka Industries was established in 1981. The company has started producing corrugated cement fibre sheets in 1984 and diversified into the manufacture of synthetic yarns in 1992. The company broad-based its product range by manufacturing V-Next fibre cement boards in 2009. This was followed by the launch of a one-of-its kind Solar-Roofing patented product called ATUM in 2018. 

Visaka Industries - Corporate Video 

https://youtu.be/4_TZD5F2vzI

Visaka Industries has emerged as a sustainable business enterprise over the years and has become the second-largest roofing manufacturer in the country with close to 5000 direct and indirect employees. Visaka has 14 manufacturing facilities across India with a distribution network of 7000+ dealers network and an aggregate production capacity of 9.0 lakh TPA in cement asbestos sheets, 3.5 lakh TPA in V-boards and panels and 12000 TPA of synthetic yarn production per annum.

Cement roofing sheets

The company started the production of cement roofing sheets in 1985 with an annual capacity of 36,000 metric tonnes. Today, the company manufactures cement roofing sheets across seven plants with a capacity to manufacture 900,000 metric tonnes. The company completed the capacity enhancement of a new additional line at Rae Bareli - Uttar Pradesh.

Visaka is the among the top two manufacturers of cement roofing sheets with a market share of 18% across India.The company possesses a large retail network of 7000 pan-India dealers and 90% dealers were associated with the company for five or more  years.

V Next products

The company  has developed the V-next product line as an eco-friendly substitute to materials like plywood, gypsum boards, and sand /water-based construction, which have helped to save over five lakh trees from deforestation. The V-Next products are holistic solutions for eco-friendly interior and exterior construction. These products are used as false ceiling, mezzanine flooring, fixed furniture, and wet area construction,  products aid prefab and fast construction wall solutions.The carbon emissions of these products are the lowest with only 36 kg per tonnes of production. V-Next products are used by various real estate players in a variety of commercial, residential and industrial applications.

Visaka Industries have played a part in the historic new Parliament building in New Delhi that was inaugurated on 28th May, 2023. The Company supplied 3,00,000 square feet of V-next eco-friendly boards to this institution.

V-Next panels act as a user-friendly alternative for the conventional and dry walls solutions and are accepted by builders in India and across the globe. The panels are energy-efficient with greater thermal and acoustic properties. V-Next products are also exported to the Middle East, Africa, South-East Asian countries and US.

The Wonder Yarn (Synthetic Yarns)

Since 1992, Visaka has been investing in niche technology to ensure subsistence and continual development of synthetic yarn with revolutionary state-of-the-art Japanese Twin Air Jet Spinning technology from Murata. While the fashion industry is reeling under the tag of being the second largest polluter in the world, Visaka's Wonder Yarn, manufactured from sustainable yarn from PET bottles.

Over the years, the company produced specialised items (melange, high twist and speciality yarns) in various blends utilised by quality conscious fabric manufacturers. The company has 41 MTS machines equivalent to 82560 spindles produce over 12500 metric tonnes of yarn per year and export about 3,000 tonnes across the globe. Visaka is Star Export House certified company by the Government of India since 2004.

The Wonder Yarn is also certified to be in accordance with multiple global standards such as Oeko-Tex 100 Standard, Global Recycled Standards (GRS), Recycled Claim Standard (Both RCS 100 & RCS Blended),  QMS IS/ISO 9001:2015, EMS IS/ISO 50001:2018, EMS IS/ISO 14001:2015

ATUM - Integrated Solar Roofing System

The world's first Integrated Solar roof, ATUM was spectacularly introduced by the company, in the year 2018. A breakthrough in the field of sustainable energy, ATUM is an Integrated Solar Roofing System that checks out all the functions of a traditional roof, while generating energy for house. As a part of India’s emerging solar industry, company manufacture integrated solar panels with a cement base. It provides better insulation from heat than a traditional roof, without compromising on the building’s aesthetic appeal.

ATUM- A solar roof by Visaka Industries - Product Video 

https://youtu.be/ufY7_Li-gEY

https://youtu.be/amUeYuTQYGM

ATUM Charge

ATUM Charge is India’s first 100% Green EV Charging Station. It is powered by  ATUM Solar Roof, making it a completely sustainable alternative to existing EV charging units which use thermal power generation, one of the primary sources of pollution. ATUM Charge therefore would be generating green energy and promoting green commute in the real sense of the word.

https://atumcharge.com/

https://youtu.be/hSoxKKGbbU4

Investment Rationale

Visaka Industries has pan-India presence with 14 manufacturing units and 13 marketing offices across India. The annual production capacity of the cement roofing sheets 9,00,000 tonnes, fibre cement flat board products 3,50,000 tonnes and  wonder yarn spinning plant has 13000 tonnes capacity. The company has well established product brand in each segment like cement roofing sheets are marketed under the Visaka / Shakti brands,  boards / panels / planks are marketed under the Vnext brand,  integrated solar panel roofing is offered under the ATUM brand and synthetic blended yarn is marketed under the Wonder Yarn brand.

Visaka Industries has a diversified product portfolio with the company having presence in building products through ACS, non-asbestos boards & panels (V-Next products) and ‘ATUM’, an integrated solar roofing product where solar panels are fused with the roofing V-boards, textiles business wherein it manufactures synthetic yarns which includes melange yarns, high twist yarn and specialty yarns with different blend styles which is supplied to major textile players.

Since last 2 years, cement roofing sheet business encountered raw material cost inflation and other factors that affected the margins severely. Now the impact of Russia-Ukraine war, currency depreciation and raw material cost inflation have started normalising. It is expected that rural demand growth for the building material product will pick-up in future.

Visaka has launched a path-breaking hybrid roof-top solar product called ATUM – the first of its kind in India. With its superior technological capabilities, ATUM is thermally efficient and generates 20% more revenue when compared to conventional solar panels. With its unmatched durability, ATUM is the only renewable energy solution that is both, a roof and solar panel, designed to meet consistent energy demands that can be manage from  smartphone.

https://www.visaka.co/assets/website/files/investors/Green-Transition-Visaka-Industries.pdf

Visaka has been at the forefront, developing sustainable products and meeting demands from domestic and international markets. Visaka Industries is taking futuristic approach with existing businesses and developing new business extension like ATUM Life, ATUM Charge and V-Next Solutions. It will define a viable roadmap for future products and services which are environment friendly and sustainable.

ATUM Life is chain of retail stores which will offer fully sustainable, eco-friendly, green products. The company has already started opening of ATUM Life stores in major cities across India. Atum Life will store, sell and promote all products sustainable, making sustainable living accessible for everyone.

https://atumlife.com/home

ATUM Life - Kochi Opening

https://youtu.be/XmZKEcjG4Ls

ATUM Charge is a self-sustaining solar powered Electric Vehicle charging station which will be set up across India, and elsewhere in the world, to support the movement to promote the use of electric vehicles. ATUM Charge is also looking at partnering with other electric charging station providers who are either in the market or are expected to come in the near future.

V-next Solutions is an extension of Vnext fibre cement boards which are sustainable alternate to gypsum and plywood. Vnext Solutions - a one-stop, eco-friendly turn-key solution for all construction needs - to build homes, office, industrial and other spaces from scratch to finish. Vnext Solutions can conveniently be accessed through a mobile app. 

Visaka is manufactures and global supplier of The Wonder Yarn, a human-made spool that has carved a niche for various fabric applications across garments, apparels, furnishings, automotive fabrics and other technical textiles. Visaka is famed for roofing the largest Muratec Twin Jet spun yarn technology facility with its world-class manufacturing set up. The yarn division manufactures polyester spun yarns which is used in the value-added segment of home textiles. Over 50% of its textile portfolio comprised value-added products 

The company is in line with the United Nations Conference on Sustainable Development – a document that contains clear and practical measures for implementing green economy goals in the context of Sustainable Development Goals (SDG). The company consumed sustainable fibre that can be roughly equated to over 116 million used PET (Polyethylene Terephthalate) bottles. These discarded PET bottles, which would otherwise not be disposed of, were handpicked and used to produce Wonder Yarn.

The company leveraged its national leadership to maintain 32% estimated market share in fibre cement boards and panels business. The company aim to achieve more than half of the overall revenues from non-asbestos sheets business in the next couple of years.

In the last two years,  company invested around  Rs 360 crore in new or additional manufacturing capacities. The future of Visaka Industries is expected to be derived from V Next products. The company is enhancing its manufacturing capacity of V Next products by commissioning of plants in new locations. The company has recently completed the expansion of new V-Boards unit with 84,000 TPA manufacturing capacity at Midnapur, West Bengal with an investment cost of Rs 130 crores. This expansion has raised the total capacity of environment-friendly boards and panels to 3.5 lakh TPA. 

After commissioning of this capacity in Eastern India during the current financial year, Visaka has emerged as the first fibre boards company with a pan-India presence and one of the largest in the fibre boards segment (40 % market share). 

The company has  900,000 TPA installed capacity of asbestos cement sheets. Visaka is the second-largest cement-asbestos manufacturer in India, enjoying a near 18% market share.

The company has widespread marketing distribution network where products are directly marketed to the retailers. The company has been able to  create longstanding relationships with retailers across urban, rural and suburban India. The company’s retailer network comprises more than 7000 dealers.

The promoters of  Visaka Industries are visionary and long track record of successful operation for more than four decades.

Conclusion

A few days ago, Prime Minister Narendra Modi has announced to launch 'Pradhan Mantri Suryoday Yojana' with the target of installing solar rooftops on 1 crore houses. It will not only reduce the electricity bill of the poor and middle class but it will also make India self-reliant in the energy sector.

India is poised to become a $ 5 trillion economy in next few years. Indian government is investing more than Rs 10 lakh crore on infrastructure. Visaka Industries is broad-based across businesses riding the growth of India in construction, green energy and textile sector. The company is well set to capitalise this great opportunity with wide range of products which are crafted to meet the sustainability demands.

Visaka Industries has patiently enhanced its manufacturing capacity and strengthened the portfolio mix. Now the time has come for the company to make its big move. Visaka Industries is well positioned to maximise value for all its stakeholders in a sustainable way.

Visaka Industries Limited stock at cmp Rs 125 is excellent investment opportunity for both short term and long term. It can be bought within 20% from cmp with 20 %  allocation.