About:
👉Co. is major producer of Cocoa Butter Equivalent (CBE) from shea, sal & mango seeds collected by the forest tribal community (18,000 collection centres operated in India) & converts them into products used in premium chocolates, confectionary & cosmetic products.
👉Co. is major producer of Cocoa Butter Equivalent (CBE) from shea, sal & mango seeds collected by the forest tribal community (18,000 collection centres operated in India) & converts them into products used in premium chocolates, confectionary & cosmetic products.
👉CAPEX
After Covid, Co. is operating at Fractionation & Refinery Capacity of 15000 MT each (65-70%).
👉Co. has made preferential allotment of Rs. 102 Cr in July 2021 for capacity expansion to 40,000 MTPA each at Birkoni facility, which is expected to be commissioned by Q3FY23.
After Covid, Co. is operating at Fractionation & Refinery Capacity of 15000 MT each (65-70%).
👉Co. has made preferential allotment of Rs. 102 Cr in July 2021 for capacity expansion to 40,000 MTPA each at Birkoni facility, which is expected to be commissioned by Q3FY23.
Government Initiatives
👉Govt. support through incentives & subsidies given for agriculture, vegetable Butter, Fats & food processing businesses. In addition, the liberalization & opening of global trade has created a significant opportunity for international collaboration.
👉Govt. support through incentives & subsidies given for agriculture, vegetable Butter, Fats & food processing businesses. In addition, the liberalization & opening of global trade has created a significant opportunity for international collaboration.
👉The Central & State Govt. have developed policies for food processing & value-added product supply.
➡️Atma-Nirbhar Bharat & SAMPADA are two such Government policies (Mega Food Park).
➡️Atma-Nirbhar Bharat & SAMPADA are two such Government policies (Mega Food Park).
Positive Triggers
👉Co. has a sourcing advantage due to its strategic location in India’s forest-region & its strong relationship & network with the local tribals, who are well-versed with the forest topography.
Contd...
👉Co. has a sourcing advantage due to its strategic location in India’s forest-region & its strong relationship & network with the local tribals, who are well-versed with the forest topography.
Contd...
👉Co. has established a state-of-the-art integrated manufacturing plant. It’s a high-tech plant that can handle everything from crushing to extraction to refining & fractionation to meet the growing demand for CBEs.
Contd...
Contd...
👉The plant is 550 KMs from Visakhapatnam port.
Upcoming Raipur-Visakhapatnam Expressway will reduce the transportation & logistics by 6-7 Hours & also save the fuel & freight cost.
Contd...
Upcoming Raipur-Visakhapatnam Expressway will reduce the transportation & logistics by 6-7 Hours & also save the fuel & freight cost.
Contd...
👉The Company is creating new tailor-made products for the spreads, confectionery, bakery, culinary & nonfood, health drink, & personal Development Centre care markets.
Risks
👉As the Co. functions in Tribal Regions, any negative developments in such areas as a result of Naxalite activity, might have an indefinite negative impact on operations of Company.
👉As the Co. functions in Tribal Regions, any negative developments in such areas as a result of Naxalite activity, might have an indefinite negative impact on operations of Company.
👉Continuous innovative & improved product quality leads to higher margins across categories, while reducing the danger of commoditisation.
👉Forex rate changes have major influence on Co. financial performance, as Manorama is primarily an export-oriented company.
Contd...
👉Forex rate changes have major influence on Co. financial performance, as Manorama is primarily an export-oriented company.
Contd...
👉Shift in consumer tastes, spending patterns, economic recessions can lead to decrease in demand.
Thanks☺️
--END--
Thanks☺️
--END--
CC : @aaminvestor_
Loading suggestions...