Sunday, 29 June 2014

Titan Biotech Limited - Multibagger


A small cap company that has all the fine management and technical know how to come a true multibagger.  the company has been showing consistent results over several years with increase in revenues at 44.5 % yoy(2014-2013) . PAT too increased 14% to reach 148cr.
the company is currently trading at a PE ratio of 10x while the market leaders trade at 200x . the company is also almost debt free, making its sheets clean and bound to grow.
Titan Biotech Limited is one of the leading manufacturers and exportors of the products used in Pharmaceutical, F&B, Biotechnology, cosmetic,animal feed

The company has showed strong resilience in tough times and as Modi led govt is expected to vouch for farmers and introduce farmer related policies, the company is set to make mark in this space.The industry is looking to expand 3% is fiscal , giving ample room for this small cap to grow

The company is trading with 35 countries around the world. The achievements of this company within a short span of incorporation is phenomenal .

Since the company is small, it might take some time for the market to see its full potential. thus recommending to people with a long term view

CMP= 24Rs

Expected price = 30Rs (2 -3 month time frame)
                            60Rs ( 2-3 Yr time Frame)



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