KNOW YOUR COMPANY
#DENIS CHEM LAB LTD
(537536) (58) (Face Value Rs.10)
Company started commercial production
for sterile Intravenous injectibles in 1984.
Since more than 35 years company has
been actively delivering high quality sterile
Intravenous injectibles and contributing in
saving lives.
Company Manufacture and market sterile Intravenous injectibles in Both Glass
& Plastic Bottles with capacity of 810 million bottles per Annum.
Company's manufacturing
facilities are located in a pollution free environment near Ahmedabad, Gujarat.
The Manufacturing facilities are located on a land area of about 14000 sq. metres, the built up area for the
manufacturing operations is about 7000 sq.m. Its manufacturing facilities have been approved by the Foods and Drugs Control Administration Authority (FDCA), Gujarat & WHO
GMP.
Its manufacturing facility has an installed capacity to manufacture 240 Million plastic
bottles 258 million glass bottles and 312 million of Aqua Pulse bottles per Annum.
DCLL has an equity of Rs.13.88 crore and reserves of Rs.47.63 crore. The promoters hold
38.98% while the investing public holds 61.02% stake in the company.
During Q1FY22, net profit soared 250% to Rs.1.61 crore from Rs.0.46 crore in Q1FY21 on
41.95% higher sales of Rs.33.16 crore fetching an EPS of Rs.1.16.
The DCLL stock is available almost 72% lower from its recent high of Rs.205.45.
Investors can accumulate this stock with a stop loss of Rs.47. It may
give very good returns in medium to long term.