BUY JVL AGRO FOR THE TARGET OF 24 IN 6 TO 12 MONTH

jvl agro industries ltd., incorporated in the year 1989, is a small cap company
(having a market cap of rs 272.9 cr.) operating in edible fat sector.
jvl agro industries ltd. key products/revenue segments include edible oil
which contributed rs 4195.80 cr to sales value (95.27% of total sales),
others which contributed rs 93.47 cr to sales value (2.12% of total sales),
de-oiled cakes which contributed rs 62.47 cr to sales value
(1.41% of total sales), other sales which contributed rs 24.83 cr
to sales value (0.56% of total sales), others (traded) which contributed rs 22.88
cr to sales value (0.51% of total sales), rice which contributed rs 4.43 cr to
sales value (0.10% of total sales), for the year ending 31-mar-2015.
for the quarter ended 31-mar-2016, the company has reported a standalone
sales of rs. 858.57 cr. company has reported net profit after tax of rs
. 3.89 cr. in latest quarter.
debt / equity - 0.45
ev/ ebita - 0.85
interest / ebita - 0.6
reserve - 412 cr.
book value - 31.8rs

this quarter the profit decreased because of interest (yearly) and tax as
per pervious years balance sheet and the delay in posting the march
quarter result. which created panic
among the investors to sell. company has a good fundamentals.

cash reserves and compare the debt. (debt / cash reserves - 0.57) which is very good.
(cash reserves / total shares) - 24.5rs. its should at least at this price as per fundamentals.

one can buy and hold for decent gains from here for a target of 22 - 23 possibly.