JVL Agro Industries
JVL Agro Industries Limited(ISO 9001-2000), formally known as Jhunjhunwala Vanaspati Limited, incorporated in the year 1989, manufactures hydrogenated vegetable oil (Vanaspati Ghee) and refined oils, at its manufacturing facility in Varanasi, Uttar Pradesh located in North India. What started as a modest unit, with a production capacity of 25 MT/day is today the single largest manufacturing company of hydrogenated vegetable oil in India producing over 300 MT/day.The name of the company was changed from Jhunjhunwala Vanaspati Limited to JVL Agro Industries Limited on 21.10.2008.
Currently trading at 14.5, having a Book value of 15 and P/E of 4
Incorporated as a modest manufacturer of hydrogenated vegetable oil or vanaspati ghee at 25 tonnes per day, JVL Agro has grown to be the largest single unit manufacturer of vanaspati in India. They use a modern mechanical physical process technique instead of a chemical synthesis technique to bring our customers the best and healthiest quality of branded hydrogenated vegetable and refined oil.
Headquartered in Varanasi with satellite offices in Alwar, Kolkata, Mumbai, Delhi and Singapore. Their vanaspati manufacturing unit in Jaunpur (Uttar Pradesh) and Pahleja (Bihar), along with our mustard oil manufacturing unit in Alwar (Rajasthan) constitute our domestic and international presence.
Considering its Market presence and valuations, it looks a strong bet for a long term investment
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