Company website krblrice.com/
World's largest rice miller. It is best known for its India Gate brand of basmati rice, which is the largest selling rice brand in India
Also World's largest Basmati Rice exporter with channels in more than 82 countries
Lowest price to earning at 12, Market Cap: Rs. 5,700cr ( $ 750 million)
6% debt vis a vis peer companies debt @ 25%
Other brands- Doon, Nur Jahan, Indian Farm, Bemisal, Aarati, Unity, Lotus, Taj Mahal Tilla, Shubh Mangal, Necklace, Lion, Al Wisam, Train, Al Bustan, Telephone, Southern Girl, Alhussam, Blue Bird, City Palace
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Fundamental change- Share has been muted for years, war escalates commodity prices, demand will only increase while countries face a supply crunch, agro sector stands to gain, just how metal sector is outperforming. Local target 580, but if hold long enough- 4 years, see a 5x return.
World's largest rice miller. It is best known for its India Gate brand of basmati rice, which is the largest selling rice brand in India
Also World's largest Basmati Rice exporter with channels in more than 82 countries
Lowest price to earning at 12, Market Cap: Rs. 5,700cr ( $ 750 million)
6% debt vis a vis peer companies debt @ 25%
Other brands- Doon, Nur Jahan, Indian Farm, Bemisal, Aarati, Unity, Lotus, Taj Mahal Tilla, Shubh Mangal, Necklace, Lion, Al Wisam, Train, Al Bustan, Telephone, Southern Girl, Alhussam, Blue Bird, City Palace
_________________________________
Fundamental change- Share has been muted for years, war escalates commodity prices, demand will only increase while countries face a supply crunch, agro sector stands to gain, just how metal sector is outperforming. Local target 580, but if hold long enough- 4 years, see a 5x return.
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December 2022 Net Sales at Rs 1,535.99 crore, up 33.15% Y-o-Y-- people eating more and more rice :)
India Gate basmati rice maker KRBL looks to hike prices by March- boost for bottomline
India Gate basmati rice maker KRBL looks to hike prices by March- boost for bottomline