Frick India Main Beneficiary of Massive Cold Chain Investment

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August 29, 2017

Frick India-Super-Q1-2018 Results EPS -Rs.98 / 65p

Please click :-

https://www.msei.in/ListingData/2017/FRICKINDIA/AN/170828_FRICKINDIA_AN_01.pdf

Q1 2018 ( Q1 2017 )

Sales Rs.92 cr ( Rs.53 cr 13 lakh )

Net Profit Rs.5 cr 92 lakh ( Rs.3 cr 35 lakh )

EPS  Rs.98 /65 p ( Rs.55 /75 p )

Equity : Rs.60 lakh ( share Rs 10 paid up )

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August 17, 2017

Frick India-Annual Report-2016-17

Please click

http://linkintime.co.in/website/gogreen/2017/AGM/FIL/ANNUAL_REPORT.pdf

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AGM on 08/09/2017 at Faridabad

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old original / post

http://www.rareindianshares.info/2017/06/indofil-frick-india-shares-in-demand.html

Frick India is the Market leader , in India , of Industrial Refrigeration/Cold Stores Equipment

Range Of Frick India's Business

http://www.frickweb.com/services.aspx

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What is a Cold Chain ?

https://en.wikipedia.org/wiki/Cold_chain

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News

Leveraging ₹3,100 crore investment will boost food processing sector

The Centre has sanctioned 101 new integrated cold chain projects that will leverage a total investment of ₹3,100 crore for creation of modern infrastructure for the food processing sector, the Ministry of Food Processing Industries (FPI) said on Monday.

source/ for more

http://www.thehindu.com/business/Industry/nod-for-101-cold-chain-projects/article17684361.ece#comments

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Big Basket, Haldiram, Amul among 101 cold chain projects okayed

for more

http://www.business-standard.com/article/economy-policy/big-basket-haldiram-amul-among-101-cold-chain-projects-okayed-117032701046_1.html

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http://www.moneycontrol.com/news/business/economy/amul-haldirams-get-approval-to-set-up-cold-chain-units-2247923.html

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OLD POST

August 20, 2016

Frick India- Annual Report -2015-16 - Excerpts - Comments

Please Zoom to Enlarge

Frick India - Market Leader in Industrial Refrigeration. Great Prospects with FDI coming in the Sector of Food Preservation

Questions For AGM

RELISTING

1 ) Frick India was Exclusively Listed at , now defunct , Delhi Stock Exchange 

2 )  SEBI directed Relisting or Delisting ( at Fair Price )

3 )Why Relisting at Metropolitan Stock Exchange ? which has no trading  Why not Relisting at BSE / NSE 

BONUS / SPLIT

Now that (Page 18 ) the dispute ( regarding  transfer of shares - Court case in USA has been  settled ) what is holding bach the Company from issuing Bonus shares / Split from Rs 10 to Re 1

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( In 2014 -15 Report , it was stated )

 LEGAL DISPUTE BETWEEN PROMOTERS ( Page 21 )


Legal disputes are pending between Jang Bahadur Singh ( Dr. JB Singh ) holding 40 % shares under L/f  J324 and Jasmohan Singh and his siblings in the Hon ble Delhi High Court and Courts in the USA.

In 2015-2016 - the Dispute Settled in USA Court )

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2015 -2016 

So Frick India has , now , no reason , for not declaring a liberal Bonus / Split 

Capital Base Rs. 60 Lakh , Book Value Rs. 1825 + per share

Around 22 acres of Prime Land in Faridabad ( NCR Delhi ) on GT Road near Delhi. . 

AGM at Faridabad on26/08/16 at 11 AM 

Company Information

Five Years Financials

AGM Notice

Financials / Dividend

SEBI Directions and Listing With Metropolitan Stock Exchange

Management Analysis

 Page 18 - Transfer Of 1200001 Equity Shares Of The Company - Settlement of Court case Massachusetts,USA

Listing on Metropolitan Stock Exchange - No Trading

Balance Sheet

Massive Investments in Shares etc ( Liquidity ) 

Cash Flow

Huge Investments in Shares etc

Huge Investments

Huge Investments

9 Branches all Over India

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August 22, 2016

Frick India Q1 ( 2017 ) Net Profit Jumps 65 % YOY

For Quarter ( 3 months )

 Ended 30 June 2016 / Qtr Ended 30 June 2015

Sales 51 cr 81 lakh                        Rs. 36 cr 41 

Gross Profit Rs.  4 cr 05  lakh        Rs. 2 cr 62 

Net Profit   Rs. 2 cr 59 lakh           Rs. 1 cr 58 

EPS Rs.43 / 24 p                           Rs. 26 / 29 
     


Source / For More , please click : -

http://www.msei.in/ListingData/2016/FRICKINDIA/AN/160816_FRICKINDIA_AN_01.pdf

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August 22, 2016

Frick India - Videos -Modern State of Art Plant , Faridabad

Please Click :-

https://www.youtube.com/watch?v=KfSeXluFKLA

https://www.youtube.com/watch?v=sFXDcd5L9ME

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August 26, 2016

Frick India -AGM 2016 -Shareholders' Report

AGM of Frick India was held at 11 AM , on 26/08/16 , at Faridabad

The Management of Frick India was very positive about the future , especially the next 4 -5 years ,of Frick India ,as the share transfer disputes among the Promoters have been resolved and Company can take up , in right earnest , its pending expansion plans 

1 ) The Management agreed to issue Bonus Shares and a Split in face value. If there is need , a Rights Issue , as well.

2 ) To the shareholders' grievance that , at present , they are being offered only Rs. 2000 per share in the grey market as there is no trading in the Metropolitan Stock Exchange , the Management assured that they  go  in for Listing in BSE  and NSE. They said for Listing in BSE ( under SME section ) the minimum share capital required , for Listing  is Rs 3 crore . Frick India is taking steps to meet it. Listing at Metropolitan Stock Exchange is only a stop gap measure.

3 ) Regarding the redevelopment of the prime 22 acres land ( present factory at Faridabad ) would be considered if the Land Laws allow it , as the original land acquisition was for industrial purpose.

4 ) New machines / product lines are being added . Puffing Machine is making ultra thin and well insulated sheets for construction of buildings. Frick India may take up the line of making Pre Fabricated ( specially insulated ) buildings / houses.

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For more on Frick India , please click :-

http://www.rareindianshares.info/2011/05/frick-india-limited.html

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old comments

2 comments:

Keshav Aggarwal said...

With such out standing fundamentals and bright prospects because of FDI in Food Preservation , Share price of Frick India should be Rs. 10,000 +.

Why are Frick India shareholders silent and are allowing themselves to be cheated of their due returns ?

August 20, 2016 

Anonymous said...

At Rs. 10,000 per share , the enterprise value of Frick India works out to be only Rs. 600 crore

It holds a Land Bank of 22 acres at Faridabad ,near Delhi on prime GT Road.

This land alone is worth Rs. 2000 crore upwards.

So ,if Frick India delists , it would have to pay Rs. 35000 40 000 per share.

That is why promoters of Frick India are not delisting.

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It appears some shares of Frick India are available with Dealers of Unlisted / Delisted Shares  (Please Recheck this ).

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Important : Please do not take Any Investment Decision based on the above stated analysis. Please only do a further Self Study

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General Warning : Investment in Shares Can be Injurious to Your  WEALTH 

Caution :The blog writer has personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )