Lloyd Electric is Dolly Khanna Latest Multibagger
Posted: Sun Jan 22, 2017 10:21 pm
Dolly Khanna has bought 446,316 shares in December 2016 quarter as per shareholding pattern of Lloyd Electric.
Incorporated in 1989, Lloyd Electric has evolved as a dependable supplier of high quality coils to original equipment manufacturers (OEMs) of heating, ventilation and air conditioning (HVAC) equipments. It provides end-to-end solutions in the HVAC industry, right from manufacturing the physical components and air conditioners (ACs) to selling to OEMs and to the end-customers. It entered into the CD segment in 2011 by purchasing the consumer product division and the Lloyd brand of Fedders Lloyd for a total consideration of Rs13.9 crore. With this acquisition, Lloyd Electric moved its focus from the business-to-business (B2B) segment to the business-to consumer (B2C) segment, which now contributes 47% to the stand-alone revenues.
Lloyd Electric enjoys a pan India presence with a strong network of over 7,000 dealers, 30 sales branches, 307 authorised service centres and 81 company-owned service centres.
Lloyd Electric has a manufacturing capacity of 6-lakh AC units with a market share of about 7.5% in the Indian AC market.
Consumer durables to drive future revenue growth:Driven by its aggressive marketing initiatives in the AC and TV segments, the CD business has grown by 3x over FY2012-15. In the last four years, the company has added new products like washing machines (WMs), refrigerators and other small appliances. Earlier, it was pushing its products mainly in the tier-II/III cities, but now it has also started focusing on the top 13 metro cities which form half of India’s CD market. Overall, this segment is expected to grow at a compounded annual growth rate (CAGR) of 30%+ over the next few years.
Stock is looking good for portfolio investment.
Incorporated in 1989, Lloyd Electric has evolved as a dependable supplier of high quality coils to original equipment manufacturers (OEMs) of heating, ventilation and air conditioning (HVAC) equipments. It provides end-to-end solutions in the HVAC industry, right from manufacturing the physical components and air conditioners (ACs) to selling to OEMs and to the end-customers. It entered into the CD segment in 2011 by purchasing the consumer product division and the Lloyd brand of Fedders Lloyd for a total consideration of Rs13.9 crore. With this acquisition, Lloyd Electric moved its focus from the business-to-business (B2B) segment to the business-to consumer (B2C) segment, which now contributes 47% to the stand-alone revenues.
Lloyd Electric enjoys a pan India presence with a strong network of over 7,000 dealers, 30 sales branches, 307 authorised service centres and 81 company-owned service centres.
Lloyd Electric has a manufacturing capacity of 6-lakh AC units with a market share of about 7.5% in the Indian AC market.
Consumer durables to drive future revenue growth:Driven by its aggressive marketing initiatives in the AC and TV segments, the CD business has grown by 3x over FY2012-15. In the last four years, the company has added new products like washing machines (WMs), refrigerators and other small appliances. Earlier, it was pushing its products mainly in the tier-II/III cities, but now it has also started focusing on the top 13 metro cities which form half of India’s CD market. Overall, this segment is expected to grow at a compounded annual growth rate (CAGR) of 30%+ over the next few years.
Stock is looking good for portfolio investment.