Wednesday, December 26, 2007

LONG PICK: Nandan Exim

Found somewhere. Just Sharing.

Nandan Exim Pvt., Ltd. manufactures and exports gray cotton fabrics,
khakhis, and denim in the West and South East Asia, Europe, and
America. It offers cotton piece dyed fabric, blended cotton fabric,
and denim, as well as twills, stretch, bull denim, and broken twills.
The company offers its products to the garment manufacturers,
importers, and distributors, as well as to the ready made garment
exporters, renowned brands, distributors, and stockists. Nandan Exim
Pvt., Ltd. was founded in 1994 and is based in Ahmedabad, India.

Year over year, Nandan Exim Pvt. Ltd. has been able to grow revenues
from 1.3B to 2.2B. Most impressively, the company has been able to
reduce the percentage of sales devoted to income tax expense from
5.13% to 3.31%. This was a driver that led to a bottom line growth
from 121.4M to 131.7M.

And one most important point, as the case with every textile firm,
Nandan exim also hold wast land and at very happening places. There
are huge chances that some part of the land is developed and this will
unleash the hidden value in the stock.

Buy for Long Term and enjoy the huge profits

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