Lakshmi Energy and Foods Ltd – A Company in Transition

LAKSHMIEFL is engaged in manufacturing and processing food grains and related products. The product includes rice, basmati rice (branded as Lakshmi Foods), parmal rice, rice bran edible oil, wheat flour, de-oiled cake, refined oils, and cattle feed (branded as Heera Moti). It also has 30MW biomass-based power generation business using rice husk as fuel. The company was formerly known as Lakshmi Overseas Industries Limited and changed its name to Lakshmi Energy and Foods Limited in February 2006. Last year, I came to know about this company after reading Supreme Court and agri minister’s tussle over grains rotting in FCI.


Trend Analysis

The whole reason for any business to exist is to generate sales revenue and make more profits. At a minimum, the parameters listed below should have continuously increasing trends. All the data below is from 2000 onwards. Continue reading rest of this article…

Stalk your Kill before Going after It

In our country, there is lot of good companies, unfortunately, everyone else also knows how good they are and hence, most of the time, their stock prices carry a premium. So what does retail investor like you and I do? Do we pay the premium and cost average our way in? Nope. There is a better way! Equity markets will not always behave in a rational manner. On any given day, the news of the day will drive it up or down – sometimes there is no basis to it. We all know it – it has happened, it is happening, and it will continue to happen. As a long term investors, we always have patience on our side which we can use to our advantage.


Preparing for the Hunt

I haven’t talked to any tiger, but based on National Geographic and Discover Channels, I have noticed that a tiger would never just get up in the morning and go for a kill. Same way you should not attempt to purchase company stock unprepared. Here are few steps. Continue reading rest of this article…

Screening Three More Companies in Agriculture Business

Today is the second part of the screening of companies in agriculture or food related businesses. While there are hundreds of companies out there, as individual investor, it is just not possible to read about each one of them. I am presenting summary of few more that I have read about over last few months. After these two screens, I think I have shortlisted four companies which, for now, is enough to focus on.


Lakshmi Energy and Foods Ltd (LAKSHMIEFL): It is engaged in manufacturing and processing food grains and related products. The product includes rice, basmati rice (branded as Lakshmi Foods), parmal rice, rice bran edible oil, wheat flour, de-oiled cake, refined oils, and cattle feed (branded as Heera Moti). It also as 30MW biomass-based power generation business using rice husk as fuel. The company was formerly known as Lakshmi Overseas Industries Limited and changed its name to Lakshmi Energy and Foods Limited in February 2006. I came to know about this company after reading Supreme Court and agri minister’s tussle over grains rotting in FCI. Continue reading rest of this article…



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