left
Hey There : )
right
company-image

Unlisted Shares

Blossom Industries Essentials

As of July 24, 2024, Blossom Industries, Unlisted Shares are trading at ₹146.00 per share, with a 52-week high of ₹168 and 52-week low of ₹146. The minimun lot size is 1400 shares, and the shares are traded on NSDL and CDSL.

ISIN

INE264D01026

Face Value

₹ 3

Total Share

3,68,91,700

Total Income

₹ 307.65 undefined

Profit After Tax

₹ ****

EPS

₹ ****

P/E

****

P/B

****

Market Capitalisation

₹ 538.62 Cr

Enterprise Value

₹ ****

Book Value

₹ 50.81

Intrinsic Value

₹ ****

Earnings Yield

5.03 %

Sector

Consumer Staples

Sub-sector

Beverage- Alcoholic

Category

Small Cap

Cashflow - Operations

7.91

Cashflow - Financing

-₹ 12.51

Blossom Industries Growth

Compounded Sales Growth

1 Year

3 Year

6 Year

Compounded Profit Growth

1 Year

3 Year

6 Year

Return On Equity

2018

2020

2023

Highlights

image

Experienced Management: The company is led by an experienced management team. Amit Khemani, the Managing Director, has over 20 years of expertise in the distillery, brewery, and perfumery industries. Raj Kumar Sharma, the plant head, also brings more than 20 years of experience in the brewery industry, having previously worked with well-known brewery companies.

image

New Product Line: In January 2023, the company signed agreements with The Coca-Cola Company and Schweppes Holdings Limited to produce and sell ready-to-drink (RTD) beverages under the "Lemon Dou" and "Schweppes" brands. The required plant and processes are currently being set up by the company to introduce the new product line.

image

Stagnant Revenue: Despite being in the industry for more than two decades company’s revenue has been hovering around Rs.200 cr. to Rs.300 cr. over the last 5 years.

image

Investment Thesis: The company's stock is currently trading at a price-to-earnings (P/E) ratio of 20.0x, with a market price of ₹146 per share. This is significantly lower than the industry's average P/E ratio of 53.0x. Based on relative valuation, the intrinsic value of the stock is estimated to be ₹384 per share. Additionally, the intrinsic value calculated using the discounted cash flow (DCF) method is ₹152 per share. These valuations suggest that the stock is undervalued and has significant growth potential.

The company entered into an agreement with United Breweries Limited (UBL) to manufacture and sell non-alcoholic beverages under the brands “Kingfisher Radler” and “Kingfisher Ultra.” However, this partnership was discontinued in January 2023 due to unfavorable business conditions, as directed by UBL. Starting in January 2023, the company entered into an agreement with The Coca-Cola Company and Schweppes Holdings Limited to manufacture and sell RTD (Ready to Drink) beverages under the brands “Lemon Dou” and “Schweppes.”

The company is expanding is product portfolio to capture the market share. So, we have kept the recommendation at buy as company also has a strong liquidity position. 

image

Own Brand: The company manufactures the beer under the brand name "Tag" which is doing extremely well in the overseas market. As of now, the company produces beer under 650ml glass bottles and 500ml cans. In FY23, the company also invested funds to start a manufacturing line to produce 250 ml cans. 

Business Rating

image

Managment

lock starlock starlock starlock starlock star
image

Accounting Practice

lock starlock starlock starlock starlock star
image

Profatibility

lock starlock starlock starlock starlock star
image

Solvency

lock starlock starlock starlock starlock star
image

Growth

lock starlock starlock starlock starlock star
image

Valuation

lock starlock starlock starlock starlock star

Overall Ratings

lock starlock starlock starlock starlock star

Recommendation

lock starlock starlock starlock starlock star

Our Team

directorImage

Mr. Harsh Vardhan Jajoo

( Independent Director )
directorImage

Mr. P. R. Barpande

( Independent Director )

Quantity

Invest

, Min. Investment: ₹