Accent Microcell Order, Thaai Casting Business Update And Order And Manoj Ceramic New Showrooms

Accent Microcell Ltd.

Recent filing: (ORDER) Accent Microcell has received a purchase order from world renowned corporate N. G. P Tobacco ApS, Denmark for its prime product called Cellulose Microcrystalline ACCEL-112. This order signifies Company’s strategic foray into the new segment of selling its premium product into Tobacco Industries. The order size is 24,000 Kgs (24 Tonne) for each order. Total 3 orders received, aggregating to 72,000 Kgs (72 Tonne).

SUMMARY: 4y Operating Profit uptrend | PE 29.6x (Sector PE range 20-30) | Capacity expansion | Ace Investor | Business expansion

  • MCap of INR 607 Crore (share price = INR 289 / share) (as on 4th Mar ‘24)
  • TTM PE 29.6x (as on 4th Mar ‘24) Retail float = NA (Sep-23)

What are the Products and Services of Accent Microcell ?

The Company primarily manufactures Microcrystalline Cellulose (“MCC”). MCC is an odourless, fine white powder, a purified form of cellulose derived from refinement of highly purified wood pulp. It is widely used as texturizer, anticaking agent, binder, lubricant, a bulking agent, diluent which finds a wide range of applications in Pharmaceutical, Nutraceutical, Food, Cosmetic and other industries.

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Thaai Casting Ltd.

Recent filing: (BUSINESS UPDATE AND ORDER) Thaai Casting Limited has secured domestic orders amounting to INR 220 Cr, slated for execution over the next 60-80 months, with a monthly run rate of approximately INR 4 Cr dedicated specifically to this order. Company is also fulfilling orders totaling approximately INR 8 Cr per month. With the introduction of a streamlined workflow, the company foresees supplying work orders worth around INR12 Cr monthly. As part of the Company's forward-looking strategy and capital expenditure plans, there is an opportunity for a substantial increase in capacity.

SUMMARY: 3y Operating Profit uptrend | PE 46.6x (Sector PE range 30-50) | Capacity expansion | Ace Investor | Large Order | IPO

  • MCap of INR 499 Crore (share price = INR 216 / share) (as on 4th Mar ‘24)
  • TTM PE 46.6x (as on 4th Mar ‘24) Retail float = NA

What are the Products and Services of Thaai Casting?

Company specializes in High-Pressure Die Casting, as well as the precision machining of both Ferrous and Non-Ferrous materials and induction heating and quenching. Company Business model is based on B2B approach, catering to leading entities in the automotive component sector.

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Manoj Ceramic Ltd.

Recent filing: (NEW SHOWROOMS) Manoj Ceramic Limited has entered into a lease agreement for the establishment of new showroom located at Ghatkopar (East), Mumbai.

SUMMARY: 3y Operating Profit uptrend | PE 21.7x (Sector PE range 30-60) | Fund raise (IPO) | Ace Investor | New Showroom

  • MCap of INR 104 Crore (share price = INR 125 / share) (as on 4th Mar ‘24)
  • TTM PE 21.7x (as on 4th Mar ‘24) Retail float = NA (Sep-23)

What are the Products and Services of Manoj Ceramic?

The Company specializes in Ceramic Tiles and Tile Adhesive. The Ceramic Tiles collection boasts diverse design, colours and sizes. Working closely with manufacturers, the finalizes designs are supplied to dealers, retail showrooms, exported and sold in B2B dealings with architects, builders and contractors.

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