Buy hawkins cooker @ rs.2660 // Niyati pandya // 3rd feb 2016

[niyati pandya]

Hawkins Cooker

Hawkins Cookers Limited is a company in India which manufactures pressure cookers and cookware based in Mumbai, Maharashtra. The company has three manufacturing plants at Wagle estate Thane, Hoshiarpur and Jaunpur. It manufactures under brand names of Hawkins, Futura, Contura, Hevibase and Ventura. The company is the largest pressure cooker manufacturer in India and exports its products to more than 40 countries.

The company is traded on the Bombay Stock Exchange under the symbol HWKN. It has raised funds through "fixed deposits", a term for high-interest term deposits issued by industrial companies rather than banks

Hawkins has sold over 69 million pressure cookers worldwide. Today, it makes 65 different models of pressure cookers in 8 different types. All Hawkins pressure cookers are listed by Underwriters Laboratories Inc., USA, a not-for-profit institution testing products for public safety

	Analysis
1	The CAGR for 5 years is 12.81% this is significantly higher than the GDP 7.5%.
2	The Raw materials are constant for the past 5 years.
3	OPM (%) is also constant for the past 5 years.
4	On the capital based on 5 crores, they have generated reserves of 54 crores
5	Gross block has ↑ because of purchase of assets. Net block has↓ this is due to ↑ in depreciation.
	↑ in depreciation may be due to change in depreciation method or increased in fixed assets