These are :
1. Danlaw Technologies India (BSE : 532329)
Danlaw Tech is in the Computers – Software Medium & Small sector.
The current market capitalisation stands at Rs 27.33 crore. The
company management includes Raju S Dandu – Chairman & Managing
Director, K N Praveen Kumar – Director, M A Ashok Kumar – Director, N S
Sappata – Director, T Ravi Kumar – Director, Sundaramma Patibandla –
This company is virtually debt free and the cash and bank balance is 12.88 Cr as compared to its Total liabilities of 22.50 Cr.
2. Dharamsi Morarji Chemical Company (BSE : 506405)
Dharamsi Morarj is in the Fertilisers sector. The current market capitalisation stands at Rs 132.22 crore. The company management includes Laxmikumar Narottam Goculdas – Chairman,
Haridas Tricumdas Kapadia – Director, Madhu Thakorlal Ankleshwaria –
Director, Arvind Wasudeo Ketkar – Director, Shantilal Tejshi Shah –
Director, Mitika Laxmikumar Goculdas – Director.
Promoter holding is about 50% and the debt on the company is reducing for last five years. Cash and bank balance is 14.50 Cr. which seems good as compared to its total liabilities of 54.50 Cr.
The Dharamsi Morarji Chemical Company Limited (DMCC), established in
1919, was the first producer of Sulphuric Acid and Phosphate fertilizers
in India. Over the years, the brand of the Company (“Ship”) came to be
recognized as the quality standard for Single Superphosphate (SSP).
Until recently, DMCC was known primarily as a fertilizer producer, with
over 75% of revenue from SSP. As a strategy, DMCC structured itself to
Speciality Chemicals. With focused Research and Development efforts,
processes for downstream sulphur-based chemicals were commercialized.
Simultaneously, the Marketing team engaged with customers in India and
overseas to meet their requirements. Through a painful restructuring
process, DMCC exited the manufacturing of fertilizers almost entirely.
What is visible now is a culmination of efforts by the entire team:
sustainable performance with zero dependence on Government policy, net
foreign exchange earnings, and sales to over 25 countries in 5
Markets By End-Use
We expect both of above picks to perform well in coming year.
Note : Please use your own state of mind before investing. & Happy Diwali,Happy Investing!!!!