Excel Crop Care Ltd.........cmp..132......

Friends,
This is one co which I have recomended at 115 ,2-3 months back.It is a United Phosphorus gr co.
Excel Crop has a Mcap of 145 cr and sales turnover is 713 cr.The eps of last year was 25 and the Forex loss was at the tune of 18 cr.So if we add that amt the eps was as good as almost 40.
According to me this is a steal at this price where one gets into a very well managed gr co and also a very ambitious and responsible gr.
To my view ExcelCorp can give multiple returns from hereon.Even if we go by eps and p/e then it should easily touch 400 and on Mcap it can be 5-6 times from here...These are all forward looking statement and I reserve my right to be wrong.


Excel Crop Care Ltd.........


Excel Industries Limited, our founding company, started off in a Kitchen laboratory in 1941. Today it is ranked among industry leaders with a turnover exceeding Rs. 4000 million. Since its inception, Excel Industries has built a solid history and reputation of developing, manufacturing and exporting chemicals. The company achieved over 100 product nd process breakthroughs that are serving the specific needs of various clients even now. Excel Industries is the first company in Asia and third in the world to make Endosulfan Technical. The first in Asia to make Butene Diol. The second in the world to develop Glyphosate Technical. And the third company in the world to develop Aluminium Phosphide. Excel Industries has received various awards in recognition of their dedication and excellence in the field of chemicals. Excel Crop Care was set up in 2003 and actively promotes Integrated Pest Management (IPM) to Indian farmers. We are demonstrating the use of Integrated Crop Management (ICM) techniques to the farmers, using innovative methods. In keeping with the philosophy of our founder, Mr. C. C. Shroff, we at Excel Crop Care also believe that in every interaction with our clients, our individual as well as our corporate character, integrity and professionalism is under scrutiny. As a result, we always keep the virtues of high quality, cost effectiveness, consumer need fulfillment, fair prices and fair trade practices uppermost in our minds.




Excel Crop Care adopts an integrated approach to manufacturing and has built world-scale capacities to make Technical Actives and Formulations. To ensure quality and continuity of supply, we produce key raw material ourselves or source them from our associate companies. Leveraging our capabilities in basic chemistry, we have developed and built-up a range of formulations to cater to special needs arising from peculiar climatic and pest conditions. Excel Crop Care is known for mastering hazardous technologies and manufacturing corrosive compounds that others consider "difficult to make". We are among the world's leading manufacturers of Endosulfan, Glyphosate, Chlorpyriphos, Aluminium Phosphide and Zinc Phosphide, which are made to the highest purity. All our manufacturing plants are the result of in-house research and engineering and have been installed by our own project team. Our main manufacturing plant at Bhavnagar is ISO 9002, ISO 14000 and OSHAS 18000 certified and meets statutory requirements on quality and safety. The more recent plants at Gajod and Silvassa are equipped with state-of-art machinery and are in the process of obtaining the ISO certification. Our quality consciousness is not limited to manufacturing. Each of our manufacturing locations has a well-equipped R&D facility - which is Government of India approved - that's busy exploring newer eco-friendly chemistries for crop care and effective formulations technologies and recipes. This helps us to serve the changing needs of our demanding customers in cost-effective ways.


Excel Crop Care's Technical Actives, bulk and branded formulations are presently registered and marketed in Asia Pacific, South Asia, West Asia, Africa, Europe (West & East including CIS countries) Central & South America and the USA.Our exports presently account for about 25 % of the turnover, but will play a more significant role in the company's business in the coming years. Besides the necessary infrastructure at the plants, we have a subsidiary in Antwerp, Belgium manned by professionals who perfectly understand the requirements and specialties of customers in that part of the world. Herewe also stock key products to reduce transit time and meet urgent customer needs.To become a truly global company, we plan to strengthen our stewardship role in promoting molecules where we have core competencies.Initially, we intend gaining market access in countries that have crops, climatic conditions and size of land holdings similar to India. For this, we are joining hands with companies across the world that offer complementary skills, products and services. Pooling resources and knowledge base will speed up market access and build a firm stronghold in these countries. In return we will offer our marketing and distribution strengths and our knowledge base in India.