Target : 65/- to 95/- in Short term and Medium terms; 150/- above for Long Term easily.
Equity : 5.2 Cr
Promoters Holding : 55.76%;
Body Corporate and NRI's : 3.69%
Public Only 39%
Face Value : 10/-
No DEBTS and Company having Good Cash flow and Good Valuable Assets and Machinery.
EPS : 11.38/- for 2011-12 and 2012-13 Expecting 19/- as per the Order Book.

Every Year Dividend Paying company.
Dividend History :
2012 --- 17%;
2011 --- 15%;
2010 --- 12%;
Dividend Yielding per Year 4.5%

PUNEET RESINS LTD Having Good Land Bank and Valuable Assets.
PUNEET RESINS LTD expanding plans is very aggressive.

PUNEET RESINS LTD Stock Will go 65/- to 95/- range in Short term and Medium Term., Like SE Investment (Call Given at 175/- Now including Bonus and Stock split 1250/-) and Bihar Tubes Ltd (Call Given at 57/- Now 165/-).

For 2011-12 Year Net Income of 61 Cr and Net Profit was 5.94 Cr EPS 11.38/-

For 2012-13 Full Year Estimating Net Income of 97 Cr and Net Profit of 8.7 Cr As per this EPS was 17/- above. Stock Trading at 38/- PE just 2 Industry PE is 10. As per this Stock will zoom to 150/- levels in 6 Months to 1 Year Time.

Almost Debt Free Company, the stock`s valuations appear to be quite attractive.

Puneet Resins Limited was incorporated in 1984 in the State of Maharashtra. The company has its Registered Office at Bombay and factory at Satpur MIDC, Nasik.

The company is a public limited company listed on the Bombay Stock Exchange. It has received ISO 9001:2000 Certification and has been a pioneer in introducing various grades of rubber compounds in India. Currently its products are exported to various developed markets across the globe.

Puneet Resins has been producing high quality products through innovation, development and improvement meeting each customer's requirements.

The company has been manufacturing Rubber & PVC Compounds which have specialised properties such as oil resistance, flame retardancy, ozone resistance, fuel and solvent resistance, etc.

These compounds are used to make products such as petrol hose, LPG tubes, footwear, auto parts, protective clothing, seals, conveyor belts, etc.

Puneet Resins Ltd has informed BSE that the name of Puneet Resins Limited have been featured in the Forbes Asia's Top 200 'Best Under a Billion' List, 2011. This is for the first time the Company has made it to this elite list of Companies.

Forbes Asia's "Best Under A Billion" Companies are Asia Pacific's top small and mid size listed Companies. Looking at profitability, growth, modest indebtedness and future prospects, Forbes editors picked 200 Companies out of an universe of over 15,000 Asia Pacific Companies with actively traded shares and sales between US$5 million and US$1 billion.

In the year 2009, Puneet Resins signed Memorandum of Understanding with Excel Polymers LLC of USA for introduction of Specialty Grades to Indian Rubber Industry and neighboring countries.

Excel Polymers LLC is a leading global supplier of thermoset elastomeric solutions for technical

Rubber compounds, performance rubber chemical additives and their related technical services,

With plants located in the USA, Mexico, China and the UK.

Puneet and Excel have established a marketing and distribution agreement to deliver innovative,

World class technical rubber solutions for the Elastomer Component manufacturing industry

In India and neighboring countries. Targeted product offerings include a broad range of rubber

Master batch materials, from standard to high performance elastomers, pre-dispersed rubber

Chemicals and best in class roll covering compounds.

Through their collaboration, Puneet And Excel introduced the concept of ready to use, cost effective and high Through theircollaboration, Puneet and Excel introduced the concept of ready to use, cost effective and high quality customized rubber compounds, performance additive master batches and provision of technical solutions in formulating compounds to meet the ever increasing for finished part performance. Both the companies recently extended their MoU on the same terms and conditions as contained in the original MoU dated January 27,2009.

We believe that the collaboration is beneficial for both as Puneet gets access to wider range of products and also the technical expertise while Excel gets access to Indian market with

Puneet's wide distribution network.

Puneet Resins Ltd will be expanding the production capacity of Polymer Blends by installing A new production line at the Wadiv are Plant. This plant situated in the Village Wadiv are, Nasik Highway, was closed since last few months. The company has decided to fund This project via a mix of internal accruals and debt.

We believe that the expansion should not be a very big ticket one and time taking. If we look at the Gross block of the company then it's about 6.3 crore, out of which 4.6 crore constitutes plant and machinery.

The expansion the company is talking about is addition of a new line at the existing facility so the expenditure should mostly be on Plant and Machinery and considering that it will be on e of the production lines, we believe the capex should not be too high.

With the capacity expansion, the company should be able to maintain the current set of margins as they are increasing the product ion line and thus manufacturing sales of the company should increase. The manufacturing sales of the company command higher margins in comparison to trading sales.

The increase in sales of the company coupled by the fact that they are further enhancing the capacity (which they didn't do for last many years) gives a robust outlook for the industry which now seems to be coming out of a consolidation phase.

The Promoter's have been making open market purchase since long even though their stake is in excess of 50%. Now 55.67% from 48%.

PUNEET RESINS LTD having Lot Expansion Plans in Fututre.

Financials for PUNEET RESINS LTD

For 2012-13 Full Year Estimating Net Income of 97 Cr and Net Profit of 8.7 Cr As per this EPS was 17/- above. Stock Trading at 38/- PE just 2 Industry PE is 10. As per this Stock will zoom to 150/- levels in 6 Months to 1 Year Time.


It's a Multi bagger stock. Just buy at 40/- levels and hold 1 year will get 5 times Return like NATCO Pharma (Call given in 2009 at 40/- levels Now 450/-) and SE Investments Ltd (This Stock I have Recommended at 175/- levels after that reached 1200/- levels including Bonus and Split).


Positive Points for this stock for Up moving:
1) Company is in Industrial Product Business; company Promoters Buying heavily (Check bseindia.com for share Holding Pattern every Quarter by Quarter Promoters rising their stake Now came to 55.76%. Because Company Stock Good Value at 38/- Debt Free Compnay and Good Cash Flow and Good dividend paying company.

2) Equity is very small at 5.2 Cr promoters Holding 55.76%

3) Company recently going Expansion Plans regarding Huge orders.

4) Good Profit Making Company for 20011-12 EPS 11.38/- and Expecting EPS for full year 2012-13 is above 17/-because Expansion income will add next Quarters.

5) Company having Good Cash Flow and Good Land Bank and Good Assets.

6) Forbes Asia's "Best Under A Billion" Companies are Asia Pacific's top small and mid size listed Companies. Looking at profitability, growth, modest indebtedness and future prospects, Forbes editors picked 200 Companies out of an universe of over 15,000 Asia Pacific Companies with actively traded shares and sales between US$5 million and US$1 billion.

7) Good Dividend Paying company every year 17%, So Dividend yielding is 5% nearly and FII's Eyes in this stock. If they will start buy Stock will zoom to 65/- to 95/- levels easily.

8) Risk Free at Current Market Price, Its very cheap price trading at 38/- Compare to companies Reserves, Assets and Value and Equity and Profits and Future Plans.

9) This Stock is not Participated this Market Rally. So Operators and FII's eye's in this stock.

Happy Invest ……….. Good Fundamentals and will give good returns from 100% to 500% returns with short and medium terms and Long terms.