Monday, July 28, 2014

Dynemic Products: The name behind colors of modern life

Dynemic Products: Rerecommendation

 Dynemic Products Ltd. is an ISO 9001:2000 & HACCP Certified Company. The company is one of the major manufacturer and exporter in India, offering complete range of Food Colors, Lake Colors, Blended Colors, FD&C Colors & Dye Intermediates.
Dynemic believes in continuous development by incorporating the latest technology to achieve better quality. Dynemic's colours are 100 % safe for human consumption and as per international standards. 
Manufacturing facilities include two well equipped plants spread over 50000 Sq Mt of area. Plants are HACCP (Hazardous Analytical Critical Control Point) & ISO 9001:2000, ISO 14001 (Environment Management System) certified.
From inception, The company has laid emphasis on eco-friendly process development for food color and lake colors etc., with high yield and minimum waste & emission levels.

The food colors manufactured by Dynemic Products have variety of Applications such as:
1) Confectionary
2) Beverages
3) Proceed Food
4) Bakery Products
5) Dairy Product
6) Pet Foods
7) Pharmaceuticals
8) Cosmetic & Personal Care Products
The detailed product level application can be found here:
http://www.dynemic.com/application.html


The industry is pollution prone, hence company had installed MEE for treating the effluent generated by both the units as per GPCB norms. This was the major reason, why company saw a decline in net profit last year. But that is past now. They will get benefited going ahead, as there are plenty of companies in their competition, who have not yet installed the same.

At current CMP of 45, it is very attractive to have it in your portfolio. The P/E ratio is 4.9 as compared to industry P/E ratio of 12 which reflects undervalueness. I recommended this stock at 28 and again recommending to buy at dips. The company has been paying dividends regularly and their growth is also superb. The debt is also not that much. The promoters have been accumulating this stock recently which is a very positive sign for the stock. Please do your own research before investing.
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6 comments:

  1. AnonymousJuly 29, 2014 at 9:41 AM

    please comment on kpr mills thanks chinmoy

    ReplyDelete
  2. AnonymousJuly 30, 2014 at 4:39 AM

    Hi Chinmoy,

    Personally, i am not a fan of textile industry. I have been tracking KPR mills since it was 100. It may test your patience from current levels as it has already appreciated a lot. Thats why it is correcting its price in few sessions. An announcement can boost textile industry and it can also affect badly. So, I avoid stocks which are dependent on something. If you are already invested, hold it. You may enter afresh at lower levels, once it settles down. It ma give good returns in log term. You can invest in Nandan Denims at dips from the same industry.

    Thanks

    ReplyDelete
  3. AnonymousAugust 10, 2014 at 10:09 AM

    sir can i buy ganesha ecosphere at current rate ? please suggest

    ReplyDelete
    Replies
    1. AnonymousAugust 14, 2014 at 11:00 AM

      Hi,

      Yes you can enter Ganesha Ecosphere at dips. It is lookign very good for long term and the sector in which they operate has a bright future.

      Thanks

      Delete
  4. kumarSeptember 7, 2014 at 7:31 AM

    sir your service details?

    ReplyDelete
  5. AnonymousFebruary 14, 2015 at 7:02 AM

    it seems promoter stake has reduced to 37% from 42%. Whats ur view now.

    ReplyDelete

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