Hi all,

Hawkins India is clear leader in Pressure Cooker market and aggresive launching new products in Pressure Cooker and Non-stick Cookware.

Indian Kitckenware market size is Rs.3000 Cr.(Cooker,Non-stick cookware and kirchen appliancs) of which Modular Kitchen contitutes 33%, Cooker 22%, Non-stick cookware 4%, Mixer Grinders 23% and rest are gas stove etc.

With clear leadership position in 2 segment namely Cooker and Non-stick cookware and with Cooker market growing roughly at 8% YoY and raw material prices easing, Hawkins with 5.5% yeild and market cap. of less than 50cr at Rs.90 look very very attractive for patient investor.

Other Advantages

Around 52.81% (Including few % of promoter shares) of Hawkins shares are still in Physical form, and around 56%  promoter holding(Including few % of physical shares as on March`06).
Very little floating stock.

Company hold 78 valid patents and design registrations in various countries around the globe.

Management quality- Hawkins management would give any top rung Indian company management run for its money.

Source: Hawkins Annual Report 2005-2006.

Hawkins Cooker net profit rises 23.36% in the March 2007 quarter

Sales rise 29.28% to Rs 58.64 crore

Net profit of Hawkins Cooker rose 23.36% to Rs 3.01 crore in the quarter ended March 2007 as against Rs 2.44 crore during the previous quarter ended March 2006. Sales rose 29.28% to Rs 58.64 crore in the quarter ended March 2007 as against Rs 45.36 crore during the previous quarter ended March 2006.

For the full year, net profit rose 85.86% to Rs 7.49 crore in the year ended March 2007 as against Rs 4.03 crore during the previous year ended March 2006. Sales rose 27.04% to Rs 173.24 crore in the year ended March 2007 as against Rs 136.37 crore during the previous year ended March 2006.

Any views about the current results ?Is it worth investing ?