Advanced Enzyme Technologies Limited

 Advanced Enzyme Technologies Limited has been in  news and hitting 52 highs on consistent basis based on strong performance in past 2 years and improved margins. This stock has lifetime high of Rs. 475 per share on dated Oct'2016 and low of Rs. 98.10 per share on dated 24th March 2020. 

Business:-

This company deals in manufacturing of enzymes and they are always committed to provide the eco-safe solutions to following industries:-

(i) Human Care and Nutrition.

(ii) Animal Nutrition 

(iii) Baking , fruit and Vegetable processing 

(iv) Brewing and Malting

(v) Grain processing

(vi) Protein Modification

(vii) Dairy processing

(viii) Speciality Applications

(ix) Textile Processing 

(x) Leather Processing

They are in process of research and development and manufacturing and selling of 400+ Proprietary products which are developed from 65 enzymes and probiotics.

They are business of developing healthcare products which has no side effects. 

They also deals in business of providing help to farmers for enhancing nutritions for animals.

They also help the industry to replace the traditional Thermo-chemical- mechanical processes into enzymes  based processes.

They have manufacturing facilities for R&D centres across India, USA and EUROPE.

They have acquired a German R&D company naming EVOXX Technologies GmbH. By doing so they have increased their capabilities in Directed Evolution technology in creating any Enzymes molecules.

Shareholding:-

Promoters has increased holding in company from 57.3% in June 2019 to 58.13% in June 2020. Further there are no pledge shares. Further Nalanda India Equity funds has bought 41.90 lac shares at Rs. 263.8 per share. Which supports stock a lot.

Company is giving good results in past 2 years with profitability of Rs. 30-34 crores in past quarters and consistent revenues of 110-111 crores.

Company is consistently paying dividends in 20-30% of face value.

Since company is in Niche Business which helps them to maintain profit margins and with COVID-19 their products demand has been improved considerably.

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