Wires & Fabriks (SA) Limited BSE Scrip Code:

Size: px
Start display at page:

Download "Wires & Fabriks (SA) Limited BSE Scrip Code:"

Transcription

1 Wires & Fabriks (SA) Limited BSE Scrip Code: Textiles September 17, 2012 Equity Statistics Current Market Price Rs Week High / Low Rs /68.50 Market Capitalisation Rs. crores 23.5 Free Float Rs. crores 7.0 Dividend Yield % 2.3 One Year Regression Beta Times 0.3 BSE Volumes Trend - Average = Thousand in '000s Business Summary Wires & Fabriks (SA) Ltd. (Wires & Fabriks) was incorporated in 1957 as Spinning Accessories Private Limited. It assumed its present name when it went public in M P Jatia is the Chairman, and B K Khaitan is the Managing Director. The company manufactures wire mesh, and fourdrinier wire cloth of all kinds. The company s product range now includes dryer screens (woven & spiral), pulp fabrics and technical fabrics for new industry segments where filtration/drying are required. The company was awarded accreditation under ISO 9002 system in 1994 and has been upgraded to 9001:2008 in The company is the first manufacturer of technical/industrial fabrics in the country to have in-house R&D recognized by Government of India. Currently, Wires & Fabriks is the market leader in India and the subcontinent for synthetic forming fabrics and among the few manufacturers in the world for SSB Fabrics, which represents the latest in synthetic forming fabrics technology. The company is able to maintain its leadership due to continuous thrust on R&D and technology up-gradation Relative Returns Sensex Wires & Fabriks In FY12, the company reported net sales of Rs.84.1 crore and net profit of Rs.5.1 crore. Geographically, the Indian market continues to be the key market contributing around 70% of net sales in FY12. Wires & Fabriks is currently trading at 4.6 times the FY12 EPS and 0.7 times the adjusted book value. Returns (%) 1M 3M 6M 1Yr Absolute 10% -15% -9% -24% Relative to Sensex 5% -23% -14% -31% Shareholding Pattern 100% 50% 0% Sep '11 Dec '11 Mar '12 Jun '12 Promoter DII FII Others Board of Directors Person Role M K Khaitan Executive Director & CEO K K Khaitan Joint Managing Director B K Khaitan Chairman & Managing Director S Ajmera Director M L Bhagat Director D D Trivedi Director Source: AR, Capitaline and CARE Research 1 Initiative of the BSE Investors Protection Fund

2 Background Wires & Fabriks was incorporated in 1957 as Spinning Accessories Private Limited. It assumed its present name when it went public in M P Jatia is the Chairman, and B K Khaitan is the Managing Director. The company manufactures wire mesh, and fourdrinier wire cloth of all kinds. The company s product range now includes dryer screens (woven & spiral), pulp fabrics and technical fabrics for new industry segments where filtration/drying are required. In November 1992, it came out with a rights issue aggregating Rs.3.66 cr. The amount was raised to part-finance the modernization of two of its weaving looms to produce higher-value-added multi-shaft double-layer synthetic fabrics. It entered into a technical collaboration with Hutter and Schrantz, Austria, for the same. As a part of its diversification process, it promoted Khaitan Paper Machines to rebuild paper machines, in technical collaboration with Neve Bruderhaus Machinen Fabrik, Germany. In , the company earned the distinction of being the first ISO 9002 company, in its field in India. Continuous inhouse R & D has resulted in the development of new fabric design facilitated to offer products matching to specific customer requirements. Business overview Wires & Fabriks derives its revenue primarily from two segments i.e. manufacturing of paper mill products (which comprise finished woven wired cloth and chemicals & equipments mainly for paper industry) and wind power. Geographically, the Indian market continues to be the key market contributing around 70% of net sales in FY12. Sales from the Indian market grew by around 4% in FY12 y-o-y, while the sales from overseas market exhibited a higher growth of around 28% y-o-y. Mono-filament yarn and chemicals are major raw materials (formed around 94% of the total cost of raw materials consumed in FY12) for Wires & Fabriks in manufacturing of wire mesh, and fourdrinier wire cloth. Strengths and growth drivers The company s core strength is in-house R & D. Due to continuous thrust on R & D and technology up gradation the company is able to maintain its leadership. The company mainly deals with technical products for the paper industry. The paper industry is growing higher than GDP growth rate and besides domestic sector growth opportunities also exist in the export sector. Risk and concerns Reduction in growth rate of Indian paper industry and increased competition both from domestic and overseas suppliers are main areas of concern. Foreign currency rate is also an area for concern given that about 75 % of the raw material is imported. Future strategy and expansion plans The company plans to add capacity through a new expansion-cum-modernization initiative for its new line of SSB forming fabrics with the help of the existing collaborator, M/s Albany International Corp. U.S.A Its future plans include development of new fabric design, new products and new types of seams for fabric joints. Industry outlook Indian textile industry largely depends on textile manufacturing and export. It also plays a major role in the economy of the country. India earns about 27 per cent of its total foreign exchange through textile exports. Furthermore, it contributes about 14 per cent to industrial production, 4 per cent to the gross domestic product (GDP), and 17% to the country's export earnings. The sector is the second-largest provider of employment after agriculture. It not only generates jobs in its own industry, but also opens up scopes for other ancillary sectors. The industry currently generates employment to more than 35 million people. The fibre and yarn produced in India is comparable to the best in the world. Indian fabrics are known for their excellent workmanship, colours and durability. Due to heavy investments in world-class manufacturing plants, continuous innovation, new product mix, and strategic market expansion, Indian man-made fibres (MMF) are all set to take centre stage in the global arena. The potential size of the Indian textile and apparel industry is expected to reach US$ 221 billion by 2021, according to Technopak's Textile and Apparel Compendium Initiative of the BSE Investors Protection Fund

3 Peer comparison Year ended March 31, 2012 Income statement (Rs. crore) Wires & Fabriks Lambodhara GTN Indian Total income Net sales EBITDA Ordinary PAT 4.7 (0.7) (4.4) 11.2 Adjusted PAT 4.7 (0.7) (4.4) 8.8 Per share data (Rs.) Adjusted BVPS Diluted EPS Growth (Y-o-Y) (%) Growth in total income (0.1) 28.3 Growth in net sales (6.2) 36.3 Growth in EBITDA (48.7) NM Growth in adjusted PAT 30.6 NM NM NM Growth in EPS* 19.6 NM NM NM Profitability ratio (%) EBITDA margin Adjusted PAT margin 5.6 NM NM NM Valuation ratios (Times) Price/EPS (P/E) 4.6 NM NM NM Price/Book value (P/BV) Enterprise value (EV)/EBITDA Note: Lambodhar: Lambodhar Textiles Limited., GTN: GTN Textiles Limited., Indian: Indian Card Clothing Co. Ltd. NM: Non Meaningful Quarterly financials Quarter ended June 30, 2012 Income statement (Rs. crore) Q1FY13 Q4FY12 Q3FY12 Q2FY12 Q1FY12 Total income Net sales EBITDA Ordinary PAT Adjusted PAT Growth (Q-o-Q) (%) Growth in net sales (12.6) 4.4 (6.9) 19.2 Profitability ratio (%) EBITDA margin Adjusted PAT margin Initiative of the BSE Investors Protection Fund

4 Financial analysis In FY12, the company reported net sales of Rs.82.5 crore up 12.5% y-o-y. Total income witnessed a growth of 11% during the same period. Raw materials form the largest portion of cost for the company. In FY12, raw materials cost as a percentage of net sales was at around 29%. The company reported EBITDA margins and adjusted PAT margins of 22.1% and 5.6%, respectively in FY12. The operating cycle of the company is around 106 days, i.e. around 3.5 months in FY12. Interest coverage ratio is comfortable, i.e. 2.3 times and the company s current ratio is 3.6, which shows that the company s liquid position to pay its current liability is comfortable. The company has paid a dividend of Rs.1.8 per share for FY12, resulting in a dividend yield of 2.3% at the current market price of Rs.77 per share. Annual financial statistics FY08 FY09 FY10 FY11 FY12 Income statement (Rs. crore) Total income Net sales EBITDA Depreciation and amortisation EBIT Interest PBT Ordinary PAT Adjusted PAT Balance sheet (Rs. crore) Adjusted networth Total debt Cash and bank Investments Net fixed assets (incl. CWIP) Net current assets (excl. cash, cash equivalents) Per share data (Rs.) Adjusted BVPS Diluted EPS* DPS Growth (Y-o-Y) (%) Growth in total income Growth in net sales Growth in EBITDA (0.1) 34.1 Growth in adjusted PAT Growth in EPS* Key financial ratio EBITDA margin (%) Adjusted PAT margin (%) RoCE (%) RoE (%) Gross debt - equity (times) Net debt - equity (times) Interest coverage (times) Current ratio (times) Inventory days Receivable days Financial Year (FY) refers to period from April, 1 to March, 31 4 Initiative of the BSE Investors Protection Fund

5 DISCLOSURES Each member of the team involved in the preparation of this grading report, hereby affirms that there exists no conflict of interest that can bias the grading recommendation of the company. This report has been sponsored by the BSE Investors Protection Fund. DISCLAIMER CARE Research, a division of Credit Analysis & REsearch Limited [CARE] has taken utmost care to ensure accuracy and objectivity while developing this report based on information available in public domain or from sources considered reliable. However, neither the accuracy nor completeness of information contained in this report is guaranteed. Opinions expressed herein are our current opinions as on the date of this report. Nothing in this report can be construed as either investment or any other advice or any solicitation, whatsoever. The subscriber / user assumes the entire risk of any use made of this report or data herein. CARE specifically states that it or any of its divisions or employees do not have any financial liabilities whatsoever to the subscribers / users of this report. This report is for personal information only of the authorised recipient in India only. This report or part of it should not be reproduced or redistributed or communicated directly or indirectly in any form to any other person or published or copied for any purpose. PUBLISHED BY CARE Research is an independent research division of CARE Ratings, a full-service rating company. CARE Research is involved in preparing detailed industry research reports with 5-year demand and 2-year profitability outlook on the industry besides providing comprehensive trend analysis and the current state of the industry. CARE Research also offers research that is customized to client requirements. Credit Analysis & REsearch Ltd. (CARE) is a full service rating company that offers a wide range of rating and grading services across sectors. CARE has an unparallel depth of expertise. CARE Ratings methodologies are in line with the best international practices. Head Office: 4th Floor Godrej Coliseum, Off Eastern Express Highway, Somaiya Hospital Road, Sion East, Mumbai Tel: Fax: Regional Offices: New Delhi Kolkata Ahmedabad Bangalore Hyderabad Chennai Pune Published on behalf of The Stock Exchange Investors' Protection Fund First Floor, P J Towers, Dalal Street, Mumbai. Tel: /34

Shalimar Wires Industries Ltd. BSE Scrip Code:

Shalimar Wires Industries Ltd. BSE Scrip Code: Shalimar Wires Industries Ltd. BSE Scrip Code: 532455 Paper Machine Clothing and EMD Wires October 15, 2012 Equity Statistics Current Market Price Rs. 7.61 52 Week High/Low Rs. 14.00/6.72 Market Capitalisation

More information

IST Ltd BSE Scrip Code:

IST Ltd BSE Scrip Code: IST Ltd BSE Scrip Code: 508807 Other Apparels & Accessories September 13, 2012 Equity Statistics Current Market Price Rs. 170.3 52 Week High / Low Rs. 209/124 Market Capitalisation Rs. crores 98.7 Free

More information

Volant Textile Mills Ltd BSE Scrip Code:

Volant Textile Mills Ltd BSE Scrip Code: Volant Textile Mills Ltd BSE Scrip Code: 531865 Textiles October 09, 2012 Equity Statistics Current Market Price Rs. 3.11 52 Week High/Low Rs. 3.55/1.34 Market Capitalisation Rs. Crores 23.31 Free Float

More information

S R K Industries Ltd. BSE Scrip Code:

S R K Industries Ltd. BSE Scrip Code: S R K Industries Ltd. BSE Scrip Code: 531307 Textiles March 15, 2013 Equity Statistics Current Market Price Rs. 28.4 52 Week High/Low Rs. 32.65/2.90 Market Capitalisation Rs. Crores 10.71 Free Float Rs.

More information

BDH Industries Limited BSE Scrip Code:

BDH Industries Limited BSE Scrip Code: BDH Industries Limited BSE Scrip Code: 524828 Pharmaceuticals October 23, 2012 Equity Statistics Current Market Price Rs. 16.95 52 Week High/Low Rs. 21.00/13.15 Market Capitalisation Rs. Crores 9.76 Free

More information

Royal India Corporation Limited BSE Scrip Code:

Royal India Corporation Limited BSE Scrip Code: Royal India Corporation Limited BSE Scrip Code: 512047 Other Apparels & Accessories September 13, 2012 Equity Statistics Current Market Price Rs. 78.1 52 Week High / Low Rs. 97.9/58.5 Market Capitalisation

More information

Nirlon Ltd BSE Scrip Code:

Nirlon Ltd BSE Scrip Code: Nirlon Ltd BSE Scrip Code: 500307 Misc. Commercial Services September 14, 2012 Equity Statistics Current Market Price Rs. 44.5 52 Week High / Low Rs. 61.75/30.50 Market Capitalisation Rs. crores 319.7

More information

Signet Industries Ltd BSE Scrip Code:

Signet Industries Ltd BSE Scrip Code: Signet Industries Ltd BSE Scrip Code: 512131 Comm. Trading & Distribution September 21, 2012 Equity Statistics Current Market Price Rs. 52 Week High / Low Rs. Market Capitalisation Rs. crores Free Float

More information

Hawkins Cookers Ltd BSE Scrip Code:

Hawkins Cookers Ltd BSE Scrip Code: Hawkins Cookers Ltd BSE Scrip Code: 508486 Houseware September 05, 2012 Equity Statistics Current Market Price Rs. 1,667.5 52 Week High / Low Rs. 1759.9/1215 Market Capitalisation Rs. crores 881.7 Free

More information

Equity Statistics Current Market Price Rs Week High/Low Rs /9.01 Market Capitalisation Rs. Crores Dividend Yield %

Equity Statistics Current Market Price Rs Week High/Low Rs /9.01 Market Capitalisation Rs. Crores Dividend Yield % MILTON PLASTICS LTD BSE Scrip Code: 526143 Containers & Packaging March 14, 2013 Equity Statistics Current Market Price Rs. 9.7 52 Week High/Low Rs. 15.81/9.01 Market Capitalisation Rs. Crores 12.13 Free

More information

Krypton Industries Ltd BSE Scrip Code:

Krypton Industries Ltd BSE Scrip Code: Krypton Industries Ltd BSE Scrip Code: 523550 Auto Tyres & Rubber Products October 19, 2012 Equity Statistics Current Market Price Rs. 14.3 52 Week High/Low Rs. 17.74/11.55 Market Capitalisation Rs. Crores

More information

Update for Quarter and Year ended 31 st March, 2012

Update for Quarter and Year ended 31 st March, 2012 Independent Equity Research Other Agricultural Products BSE Scrip Code: 524226 CMP Rs. 20.5 1 July 9, 2012 Update for Quarter and Year ended 31 st March, 2012 Decline in revenue in Q4FY12 For Q4FY12 (refers

More information

Lippi Systems Ltd BSE Scrip Code:

Lippi Systems Ltd BSE Scrip Code: Lippi Systems Ltd BSE Scrip Code: 526604 Industrial Machinery October 30, 2012 Equity Statistics Current Market Price Rs. 4.8 52 Week High/Low Rs. 7.24/4.01 Market Capitalisation Rs. Crores 3.4 Free Float

More information

KG Denim Ltd BSE Scrip Code:

KG Denim Ltd BSE Scrip Code: KG Denim Ltd BSE Scrip Code: 500239 Textiles September 24, 2012 Equity Statistics Current Market Price Rs. 52 Week High / Low Rs. Market Capitalisation Rs. crores Free Float Rs. crores Dividend Yield %

More information

Aditya Gears Ltd. BSE Scrip Code:

Aditya Gears Ltd. BSE Scrip Code: Aditya Gears Ltd. BSE Scrip Code: 53677 Auto Parts & Equipment March 5, 23 Last Traded Price* Rs. 52 Week High/Low Rs. Market Capitalisation* Free Float Dividend Yield % One Year Regression Beta Equity

More information

D.S. KULKARNI DEVELOPERS LTD REAL ESTATE INDUSTY BSE Scrip Code:

D.S. KULKARNI DEVELOPERS LTD REAL ESTATE INDUSTY BSE Scrip Code: Independent Equity Research D.S. KULKARNI DEVELOPERS LTD REAL ESTATE INDUSTY BSE Scrip Code: 523890 CMP Rs.55 1 July 20, 2012 Update for Quarter and Year ended 31 st March, 2012 Decline in revenue D. S.

More information

Butterfly Gandhimathi Appliances Ltd. BSE Scrip Code:

Butterfly Gandhimathi Appliances Ltd. BSE Scrip Code: Butterfly Gandhimathi Appliances Ltd. BSE Scrip Code: 517421 Household Appliances September 05, 2012 Equity Statistics Current Market Price Rs. 355.0 52 Week High / Low Rs. 420/240 Market Capitalisation

More information

Religare Technologies Ltd BSE Scrip Code:

Religare Technologies Ltd BSE Scrip Code: Religare Technologies Ltd BSE Scrip Code: 533525 IT Consulting & Software October 15, 2012 Equity Statistics Current Market Price Rs. 17.05 52 Week High/Low Rs. 44.90/13.70 Market Capitalisation Rs. Crores

More information

Acrysil Ltd. BSE Scrip Code:

Acrysil Ltd. BSE Scrip Code: Acrysil Ltd. BSE Scrip Code: 524091 Plastic Products September 14, 2012 Equity Statistics Current Market Price Rs. 131.2 52 Week High / Low Rs. 149/87.35 Market Capitalisation Rs. crores 39.0 Free Float

More information

Mahaveer Infoway Ltd BSE Scrip Code:

Mahaveer Infoway Ltd BSE Scrip Code: Mahaveer Infoway Ltd BSE Scrip Code: 590117 IT Consulting & Software October 18, 2012 Equity Statistics Current Market Price Rs. 7.19 52 Week High/Low Rs. 21.15/7.10 Market Capitalisation Rs. Crores 3.96

More information

ENGLISH INDIAN CLAYS LIMITED Industry: Commodity Chemicals/Diversified BSE Scrip Code:

ENGLISH INDIAN CLAYS LIMITED Industry: Commodity Chemicals/Diversified BSE Scrip Code: CARE Independent Equity Research ENGLISH INDIAN CLAYS LIMITED Industry: Commodity Chemicals/Diversified BSE Scrip Code: 526560 ENGLISH INDIAN CLAYS LTD. CMP Rs. 33.4 1 21 st November 2011 Update for Quarter

More information

Ankit Metal & Power Ltd BSE Scrip Code:

Ankit Metal & Power Ltd BSE Scrip Code: Ankit Metal & Power Ltd BSE Scrip Code: 532870 Steel- Sponge Iron September 17, 2012 Business Summary Ankit Metal & Power Limited (AMPL), a Kolkata-based company, promoted by Mr Suresh Kumar Patni, is

More information

Amrutanjan Health Care Ltd. BSE Scrip Code:

Amrutanjan Health Care Ltd. BSE Scrip Code: Amrutanjan Health Care Ltd. BSE Scrip Code: 590006 Pharmaceuticals September 13, 2012 Equity Statistics Current Market Price Rs. 791.2 52 Week High/Low Rs. 881.00/610.10 Market Capitalisation Rs. Crores

More information

Lahoti Overseas Ltd. BSE Scrip Code:

Lahoti Overseas Ltd. BSE Scrip Code: Lahoti Overseas Ltd. BSE Scrip Code: 531842 Comm, Trading and Distribution January 29, 2016 Current Market Price Rs. 52 Week High/Low Rs. Market Capitalisation Free Float Dividend Yield % Equity Statistics

More information

KPIT Cummins Infosystems Ltd. BSE Scrip Code:

KPIT Cummins Infosystems Ltd. BSE Scrip Code: KPIT Cummins Infosystems Ltd. BSE Scrip Code: 532400 IT Consulting & Software September 14, 2012 Equity Statistics Current Market Price Rs. 127.9 52 Week High / Low Rs. 142.00/68.30 Market Capitalisation

More information

Mount Shivalik Industries Ltd BSE Scrip Code:

Mount Shivalik Industries Ltd BSE Scrip Code: Mount Shivalik Industries Ltd BSE Scrip Code: 507522 Breweries & Distilleries October 11, 2012 Equity Statistics Current Market Price Rs. 38 52 Week High/Low Rs. 49.30/19.00 Market Capitalisation Rs. Crores

More information

Suryachakra Power Corporation Ltd BSE Scrip Code:

Suryachakra Power Corporation Ltd BSE Scrip Code: Suryachakra Power Corporation Ltd BSE Scrip Code: 532874 Power-Generation/Distribution October 12, 2012 Equity Statistics Current Market Price Rs. 1.73 52 Week High/Low Rs. 10.67/0.94 Market Capitalisation

More information

Reliance Chemotex Industries Ltd BSE Scrip Code:

Reliance Chemotex Industries Ltd BSE Scrip Code: Reliance Chemotex Industries Ltd BSE Scrip Code: 503162 Textile - Spinning January 22, 2016 Equity Statistics Current Market Price Rs. 45.5 52 Week High/Low Rs. 57.95/36.10 Market Capitalisation Rs. Crore

More information

SINTEX INDUSTRIES LIMITED

SINTEX INDUSTRIES LIMITED EQUI-GRADE Analytical Power for Investment Decisions Sintex Industries Limited Plastics and Textiles SINTEX INDUSTRIES LIMITED December 29, 2011 Very Good Fundamentals; Considerable Upside Potential CMP:

More information

BSE-SME COMPANY RESEARCH REPORT

BSE-SME COMPANY RESEARCH REPORT BSE-SME COMPANY RESEARCH REPORT BRONZE INFRA- TECH LTD. December 19, 2012 www.careratings.com F DISCLOSURES AND DISCLAIMER DISCLOSURES Each member of the team involved in the preparation of this report,

More information

Company Overview. Financial Performance

Company Overview. Financial Performance Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Shri Jagdamba Polymers Ltd. CMP: 44.2 January 15, 216 Stock Details BSE code 512453 BSE ID SHRJAGP Face value

More information

Andhra Petrochemicals Ltd BSE Scrip Code:

Andhra Petrochemicals Ltd BSE Scrip Code: Andhra Petrochemicals Ltd BSE Scrip Code: 500012 Crude Oil February 12, 2016 Current Market Price Rs. 52 Week High/Low Rs. Market Capitalisation Free Float Dividend Yield % Equity Statistics Rs. Crores

More information

Birla Precision Technologies

Birla Precision Technologies Industrial Machinery September 21, 2012 CMP Rs. 6.67 BSE Code 522105 BSE ID BIRLAPREC High/Low 1Y (Rs.) 9.0 / 4.0 Average Volume (3M) 9 Market Cap (Rs. Cr.) 21 Shareholding % Jun-12 Mar-12 Promoters 54.25

More information

EQUI-GRADE Analytical Power for Investment Decision

EQUI-GRADE Analytical Power for Investment Decision Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 EQUI-GRADE Analytical Power for Investment Decision Iron & Steel and Lighting Products November 28, 2013 Good Fundamentals,

More information

Company Overview. Financial Performance

Company Overview. Financial Performance CMP: 14.00 February 11, 2016 Stock Details BSE code 521167 BSE ID FRONTBUSS Face value ( ) 5 No of shares (m) 21.3 52 week H/L 31.3/12.1 Market cap ( m) 298.5 30 days avg vol (No) 42,670 Free float ( m)

More information

Everest Kanto Cylinder Ltd.

Everest Kanto Cylinder Ltd. Industrial Goods CMP Rs. 82 August 16, 2011 BSE Code 532684 BSE ID EKC High/Low 1Y (Rs.) 133 / 68 Avg. vol (3m) 98,219 Market Cap (Rs Cr) 879 Net IB Debt (Rs Cr) 286 Enterprise value(rs Cr) 1,166 Shareholding

More information

BSE-SME COMPANY RESEARCH REPORT

BSE-SME COMPANY RESEARCH REPORT BSE-SME COMPANY RESEARCH REPORT BCB FINANCE LTD. November 27, 2012 www.careratings.com F DISCLOSURES AND DISCLAIMER DISCLOSURES Each member of the team involved in the preparation of this report, hereby

More information

Glance Finance Ltd. Other Financial Services. . Company Overview. Company Fundamentals. Key Strengths. CMP Rs BSE Code BSE ID

Glance Finance Ltd. Other Financial Services. . Company Overview. Company Fundamentals. Key Strengths. CMP Rs BSE Code BSE ID Other Financial Services Nov 15, 2012 CMP Rs. 19.55 BSE Code 531199 BSE ID GLANCE High/Low 1Y (Rs.) 35.15/ 16.55 Average Volume (3M) 279 Market Cap (Rs. Cr.) 6 Shareholding % Sep-12 Jun-12 Promoters 74.83

More information

Silicon Valley Infotech Limited

Silicon Valley Infotech Limited Other Financial Services November 09, 2012 CMP Rs. 0.3 BSE Code 531738 BSE ID SILICON High/Low 1Y (Rs.) 0.34 / 0.18 Average Volume (3M) 17,606 Market Cap (Rs. Cr.) 3 Shareholding % Sep-12 Jun-12 Promoters

More information

Garware Wall Ropes ACCUMULATE. Performance Highlights CMP. `550 Target Price `618. 2QFY2017 Result Update Textile. Investment Period 12 months

Garware Wall Ropes ACCUMULATE. Performance Highlights CMP. `550 Target Price `618. 2QFY2017 Result Update Textile. Investment Period 12 months 2QFY217 Result Update Textile November 16, 216 Garware Wall Ropes Performance Highlights Quarterly Data (`cr) 2QFY17 2QFY16 % yoy 1QFY17 % qoq Revenue 232 214 8.5 225 3.3 EBITDA 4 26 5.9 31 29.4 Margin

More information

Omega Interactive Technologies Ltd

Omega Interactive Technologies Ltd IT Software & Products November 05, 2012 CMP Rs. 2.4 BSE Code 511644 BSE ID OMEGAIN High/Low 1Y (Rs.) 4.6/ 2.4 Average Volume (3M) 609 Market Cap (Rs. Cr.) 1 Shareholding % Sep-12 Jun-12 Promoters 8.42

More information

Quick take. Ruchira Papers Ltd. BUY. Creating value through paper. Target Price. Investment Period 12 Months. 3 year daily price chart.

Quick take. Ruchira Papers Ltd. BUY. Creating value through paper. Target Price. Investment Period 12 Months. 3 year daily price chart. Ltd. Creating value through paper Limited (RPL) manufactures writing paper, printing paper and Kraft paper. The company's white writing and printing paper is used in making notebooks and writing material,

More information

Company Overview. Financial Performance

Company Overview. Financial Performance Jan/15 Feb/15 Mar/ Apr/15 May/ Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/ Dec/15 Parnax Lab Limited CMP: 53.90 January 08, 2016 Stock Details BSE code 506128 BSE ID PARNAXLAB Face value ( ) 10 No of shares

More information

Hitech Plast Ltd. Q4FY11 First Cut. Enhancing investment decisions. CRISIL Limited. All Rights Reserved.

Hitech Plast Ltd. Q4FY11 First Cut. Enhancing investment decisions. CRISIL Limited. All Rights Reserved. Q4FY11 First Cut Enhancing investment decisions Explanation of CRISIL Fundamental and Valuation (CFV) matrix The CFV Matrix (CRISIL Fundamental and Valuation Matrix) addresses the two important analysis

More information

KEI Industries BUY. Performance Update. Target Price. 3QFY2018 Result Update Cable. Historical share price chart. Key Financials

KEI Industries BUY. Performance Update. Target Price. 3QFY2018 Result Update Cable. Historical share price chart. Key Financials 3QFY2018 Result Update Cable January 25, 2018 KEI Industries Performance Update Y/E March (` cr) 3QFY18 3QFY17 % yoy 2QFY18 % qoq Net sales 889 715 24 749 19 EBITDA 84 77 10 76 11 EBITDA margin (%) 9.5

More information

Company Overview. Financial Performance

Company Overview. Financial Performance Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Superior Industrial Enterprises Limited CMP: 19.6 December 24, 215 Stock Details BSE code 519234 BSE ID SIEL Face value

More information

Company Overview. Financial Performance

Company Overview. Financial Performance Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Anisha Impex Ltd CMP: 11.85 December 31, 2015 Stock Details BSE code 537785 BSE ID Face value ( ) 10 No of shares (m)

More information

KEI Industries BUY. Performance Update. CMP Target Price `433 `508. 4QFY2018 Result Update Cable. Historical share price chart.

KEI Industries BUY. Performance Update. CMP Target Price `433 `508. 4QFY2018 Result Update Cable. Historical share price chart. May- Aug- Oct-15 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 4QFY2018 Result Update Cable May 21, 2018 KEI Industries Performance Update Y/E March (` cr) 4QFY18 4QFY17 % yoy 3QFY18

More information

Company Overview. Industry Overview. Financial Performance

Company Overview. Industry Overview. Financial Performance Feb/15 Mar/15 Apr/15 May/15 Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/15 Dec/15 Jan/16 Trade Wings Limited CMP: 105.00 January 29, 2016 Stock Details BSE code 509953 BSE ID TRADWIN Face value ( ) 10 No of

More information

Sarda Plywood Industries Limited BSE Scrip Code:

Sarda Plywood Industries Limited BSE Scrip Code: Sarda Plywood Industries Limited BSE Scrip Code: 516003 Plywood and tea January 28, 2016 Equity Statistics Current Market Price Rs. 53.1 52 Week High/Low Rs. 75.00/26.60 Market Capitalisation Free Float

More information

CMP Rs. 27. Usha Martin Limited. Iron & Steel. Key highlights of the quarter and FY12

CMP Rs. 27. Usha Martin Limited. Iron & Steel. Key highlights of the quarter and FY12 Iron & Steel CMP Rs. 27 May 1, 212 BSE Code 517146 BSE ID USHAMARTIN High/Low 1Y (Rs.) 6 / 22 Avg. vol (3m) 122,74 Market Cap (Rs Cr) 812 Net IB Debt (Rs Cr) 1,943 Enterprise value(rs Cr) 2,755 Shareholding

More information

INDIAN TERRAIN FASHIONS LTD.(ITFL)

INDIAN TERRAIN FASHIONS LTD.(ITFL) INDIAN TERRAIN FASHIONS LTD.(ITFL) Date :23 rd October, 2012 Stock Performance Details Background Current Price : Rs. 58.0** Face Value : Rs. 10 per share 52 wk High / Low : Rs. 127.00 / Rs. 47.65 Total

More information

Visaka Industries Ltd

Visaka Industries Ltd Company Update Superior Product Mix & New Age Markets to Aid Growth New investments to aid growth: Visaka continues to give a good set of numbers. YoY EPS grew at 142% aided by a revenue growth of 1.5%

More information

Company Overview. Industry Overview. Financial Performance

Company Overview. Industry Overview. Financial Performance Jan/15 Feb/15 Mar/15 Apr/15 May/15 Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/15 Dec/15 CMP: 27.80 January 20, 2016 Stock Details BSE code 534623 BSE ID JUPITERIN Face value ( ) 10 No of shares (m) 10 52 week

More information

Company Overview. FY15 and recent performance. Table 1: Key financials (Consolidated) Source: Company, Varhad Research

Company Overview. FY15 and recent performance. Table 1: Key financials (Consolidated) Source: Company, Varhad Research Specialty Chemicals l BSE Research Ultramarine & Pigments Ltd. CMP: INR112.90 Stock data BSE code 506685 BSE ID ULTRAMAR Face value (INR) 2.0 No of shares (m) 29.2 Market cap (INRm) 3,296.7 3m avg. daily

More information

Amber Enterprises India Ltd

Amber Enterprises India Ltd 3QFY2019 Result Update Consumer Durable February 16, 2019 Amber Enterprises India Ltd Performance Update (` cr) 3QFY19 3QFY18 % yoy 2QFY19 % qoq Revenue 388.8 338.4 14.9 226.3 71.8 EBITDA 22.1 24.1 (8.2)

More information

Century Plyboards Ltd

Century Plyboards Ltd May-15 Aug-15 Nov-15 Feb-16 May-16 Aug-16 Nov-16 Feb-17 May-17 Aug-17 Nov-17 Feb-18 4QFY2018 Result Update Plywood May 19, 2018 Century Plyboards Ltd Performance Update (Rs cr) 4QFY18 4QFY17 % yoy 3QFY17

More information

Company Overview. Industry Overview. Financial Performance

Company Overview. Industry Overview. Financial Performance CMP: 6.31 January 25, 2016 Stock Details BSE code 533100 BSE ID PEIL Face value ( ) 10 No of shares (m) 41 52 week H/L 17.70/4.03 Market cap ( m) 261 30 days avg vol (No) 1,156 Free float ( m) 89 Stock

More information

Company Overview. Financial Performance

Company Overview. Financial Performance Feb/15 Mar/15 Apr/15 May/15 Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/15 Dec/15 Jan/16 Eastern Treads Ltd CMP: 91.20 February 11, 2016 Stock Details BSE code 531346 BSE ID EASTRED Face value ( ) 10 No of

More information

The Varhad Group. Prag Bosimi Synthetics Ltd. Company Overview. FY15 and recent performance CMP: INR5.56. Stock data. Stock performance (%)

The Varhad Group. Prag Bosimi Synthetics Ltd. Company Overview. FY15 and recent performance CMP: INR5.56. Stock data. Stock performance (%) Textiles l BSE Research Prag Bosimi Synthetics Ltd. CMP: INR5.56 Stock data BSE code 500192 BSE ID PRAGBOS Face value (INR) 10.0 No of shares (m) 74.4 Market cap (INRm) 413.6 3m avg. daily vol (No) 2,491.6

More information

Company Overview. Financial Performance

Company Overview. Financial Performance Feb/15 Mar/15 Apr/15 May/15 Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/15 Dec/15 Jan/16 CMP: 32.30 February 11, 2016 Stock Details BSE code 526558 BSE ID JAMEHOT Face value ( ) 10 No of shares (m) 8.0 52 week

More information

KPR Mills Ltd 1QFY18 Result Update Target: Rs 944. Textile revenue impacted by slowdown due to GST, recovery from 2QFY18 onwards

KPR Mills Ltd 1QFY18 Result Update Target: Rs 944. Textile revenue impacted by slowdown due to GST, recovery from 2QFY18 onwards KPR Mills Ltd 1QFY18 Result Update Target: Rs 944 Previous Rating: Accumulate Current Rating: Accumulate Textile revenue impacted by slowdown due to GST, recovery from 2QFY18 onwards CMP (Rs) 806 Target

More information

Company Overview. Financial Performance

Company Overview. Financial Performance Apr/15 May/15 Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/15 Dec/15 Jan/16 Feb/16 Mar/16 Monarch Networth Capital Limited CMP: 26.00 March 23, 2016 Stock Details BSE code 511551 BSE ID MONARCH Face value (

More information

Company Overview. Financial Performance

Company Overview. Financial Performance Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 CMP: 25.20 December 30, 2015 Stock Details BSE code 524440 BSE ID CAMEXLTD Face value ( ) 10 No of shares (m) 10.2 52

More information

GMM Pfaudler Limited BUY. Performance Update CMP. `945 Target Price ` QFY2019 Result Update Industrial Machinery. Investment Period 12 Months

GMM Pfaudler Limited BUY. Performance Update CMP. `945 Target Price ` QFY2019 Result Update Industrial Machinery. Investment Period 12 Months 2QFY2019 Result Update Industrial Machinery October 26, 2018 GMM Pfaudler Limited Performance Update Standalone (` cr) Q2FY19 Q2FY18 % yoy Q1FY19 % qoq Net sales 99.2 93.2 29.8% 76.4 6.4% EBITDA 16.0 15.3

More information

Company Overview. Industry Overview. Financial Performance

Company Overview. Industry Overview. Financial Performance Feb/15 Mar/15 Apr/15 May/15 Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/15 Dec/15 Jan/16 Chemtech Industrial Valves Limited CMP: 25.00 February 02, 2016 Company Overview Stock Details BSE code 537326 BSE ID

More information

Company Overview. FY15 and recent performance. Company declared dividend of INR1.0 per share for FY15. Table 1: Key financials

Company Overview. FY15 and recent performance. Company declared dividend of INR1.0 per share for FY15. Table 1: Key financials Comm. Trading & Distribution l SME Research Ricoh India Ltd. CMP: INR945.25 Stock data BSE code 517496 BSE ID RICOHQ Face value (INR) 10 No of shares (m) 39.8 Market cap (INRm) 37,590.9 3m avg. daily vol

More information

Cummins India Ltd Bloomberg Code: KKC IN

Cummins India Ltd Bloomberg Code: KKC IN Company Update Margins Under Pressure; Domestic Recovery Underway Half-yearly revenue was flat; margins were under pressure: Cummins India revenue, EBITDA and PAT for H1FY17 reached to Rs.24,784mn, Rs.4,649mn

More information

Company Overview. Financial Performance

Company Overview. Financial Performance Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Nimbus Projects Limited CMP: 34. December 4, 15 Stock Details BSE code 511714 BSE ID NIMBSPROJ Face value ( ) 1 No of

More information

Parag Milk Foods BUY. Performance Update CMP. `256 Target Price `330. 2QFY2019 Result Update Dairy Products. Investment Period 12 Months

Parag Milk Foods BUY. Performance Update CMP. `256 Target Price `330. 2QFY2019 Result Update Dairy Products. Investment Period 12 Months 2QFY2019 Result Update Dairy Products November 6, 2018 Parag Milk Foods Performance Update Y/E March (` cr) Q2FY19 Q2FY18 % yoy Q1FY19 % qoq Net sales 573 505 13.7% 549 4.4% EBITDA 58 50 16.3% 60-2.7%

More information

Jasch Industries Ltd.

Jasch Industries Ltd. Other Apparels & Accessories October 16, 2012 *CMP 11.79 BSE Code 500220 BSE ID JASCH High/Low 1Y (Rs.) 15.60/11.15 Average Volume (3M) 14,103 Market Cap (Rs. Cr.) 13 Shareholding % Jun-12 Mar-12 Promoters

More information

Dutron Polymers Limited

Dutron Polymers Limited Plastic Products October 30, 2012 *CMP Rs. 24 BSE Code 517437 BSE ID DUTRON High/Low 1Y (Rs.) 28.3/20.2 Average Volume (3M) 17345 Market Cap (Rs. Cr.) 14 Shareholding % Jun-12 Sept-12 Promoters 62.42 62.42

More information

Company Fundamentals

Company Fundamentals IT Software Products November 16, 2012 *CMP Rs.0.24 BSE Code 532403 BSE ID 4THGEN High/Low 1Y (Rs.) 0.62/0.22 Average Volume (3M) 6457 Market Cap (Rs. Cr.) 1 Shareholding % Sep-12 Jun-12 Promoters 15.32

More information

Blue Star Ltd BUY. Performance Update. CMP Target Price `754 `867. 4QFY2018 Result Update Cons. Durable. 3-year price chart.

Blue Star Ltd BUY. Performance Update. CMP Target Price `754 `867. 4QFY2018 Result Update Cons. Durable. 3-year price chart. May-15 Aug-15 Nov-15 Feb-16 May-16 Aug-16 Nov-16 Feb-17 May-17 Aug-17 Nov-17 Feb-18 May-18 4QFY2018 Result Update Cons. Durable May 16, 2018 Blue Star Ltd Performance Update 4QFY18 4QFY17 % chg. (yoy)

More information

Mahindra & Mahindra Ltd.

Mahindra & Mahindra Ltd. May-15 Aug-15 Nov-15 Feb-16 May-16 Aug-16 Nov-16 Feb-17 May-17 Aug-17 Nov-17 Feb-18 4QFY2018 Result Update Automobile May 30, 2018 Mahindra & Mahindra Ltd. Performance Update Y/E March (` cr) 4QFY18 4QFY17

More information

ITC ACCUMULATE. Performance Highlights CMP. `257 Target Price `284. 3QFY2017 Result Update FMCG. Investment Period 12 Months

ITC ACCUMULATE. Performance Highlights CMP. `257 Target Price `284. 3QFY2017 Result Update FMCG. Investment Period 12 Months 3QFY2017 Result Update FMCG January 30, 2017 ITC Performance Highlights Quarterly result (Standalone) (` cr) 3QFY17 3QFY16 % yoy 2QFY17 %qoq Revenue 9,248 8,867 4.3 9,661 (4.3) EBITDA 3,546 3,475 2.1 3,630

More information

Religare Investment Call

Religare Investment Call v-17 v-17 Dec-17 Jan-18 Jan-18 Feb-18 Mar-18 Mar-18 Apr-18 May-18 May-18 Jun-18 Jul-18 Aug-18 Aug-18 Sep-18 Oct-18 Oct-18 Q2FY19 Result Update Q2FY19 Result Update BUY CMP (Rs) 282 Target Price (Rs) 321

More information

PEER GROUPS CMP MARKET CAP EPS P/E (X) P/BV(X) DIVIDEND Company Name (Rs.) Rs. in mn. (Rs.) Ratio Ratio (%)

PEER GROUPS CMP MARKET CAP EPS P/E (X) P/BV(X) DIVIDEND Company Name (Rs.) Rs. in mn. (Rs.) Ratio Ratio (%) BUY CMP 734.45 Target Price 845.00 WELSPUN INDIA LIMITED Result Update (CONSOLIDATED): Q2 FY16 OCTOBER 24 th 2015 ISIN: INE192B01023 Index Details Stock Data Sector Textiles BSE Code 514162 Face Value

More information

MRF BUY. Performance Highlights. CMP `9,407 Target Price `11,343. Company Update Automobile. Key financials

MRF BUY. Performance Highlights. CMP `9,407 Target Price `11,343. Company Update Automobile. Key financials Company Update Automobile February 22, 212 MRF Performance Highlights Y/E Sept. (` cr) 1QSY12 1QSY11 % chg (yoy) 4QSY11 % chg (qoq) Net sales 2,875 2,167 32.7 2,62 9.8 EBITDA 258 243 5.9 181 42.6 EBITDA

More information

Fineotex Chemical Ltd

Fineotex Chemical Ltd Company Update Decent Performance under Macroeconomic Pressure; Business Traction to Continue: Fineotex Chemical recorded decent set of result as consolidated sales grew by 1.1% YoY (largely in line) to

More information

KDDL Ltd. Company Overview. Company Fundamentals. Key Strengths

KDDL Ltd. Company Overview. Company Fundamentals. Key Strengths Other Apparels & Accessories September 3, 2012 CMP Rs. 123.5 BSE Code 532054 BSE ID KDDL High/Low 1Y (Rs.) 150 / 106.3 Average Volume (3M) 2,188 Market Cap (Rs. Cr.) 109 Shareholding % Jun-12 Mar-12 Promoters

More information

Company Overview. Financial Performance

Company Overview. Financial Performance Jan/15 Feb/15 Mar/15 Apr/15 May/15 Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/15 Dec/15 KMC Speciality Hospitals India Ltd CMP: 7.61 January 21, 2015 Stock Details BSE code 524520 BSE ID KMCSHIL Face value

More information

PEER GROUPS CMP MARKET CAP EPS P/E (X) P/BV(X) DIVIDEND Company Name (Rs.) Rs. in mn. (Rs.) Ratio Ratio (%)

PEER GROUPS CMP MARKET CAP EPS P/E (X) P/BV(X) DIVIDEND Company Name (Rs.) Rs. in mn. (Rs.) Ratio Ratio (%) BUY CMP 1025.45 Target Price 1160.00 INDO COUNT INDUSTRIES LTD Result Update (PARENT BASIS): Q2 FY16 DECEMBER 1 st 2015 ISIN: INE483B01018 Index Details Stock Data Sector Textiles BSE Code 521016 Face

More information

Company Fundamentals

Company Fundamentals Plastic Products November 01, 2012 CMP Rs. 14.4 BSE Code 531287 BSE ID NATPLASTI High/Low 1Y (Rs.) 18.70/13.40 Average Volume (3M) 1,075 Market Cap (Rs. Cr.) 8 Shareholding % Sep-12 Jun-12 Promoters 48.51

More information

Company Overview. FY15 and recent performance. The company has operating profit of INR65.2m in Q2FY16. Table 1: Key financials

Company Overview. FY15 and recent performance. The company has operating profit of INR65.2m in Q2FY16. Table 1: Key financials IT Software Products l BSE Research ABM Knowledgeware Ltd. The Varhad Group CMP: INR265.40 Stock data BSE code 531161 BSE ID ABMKNO Face value (INR) 10.0 No of shares (m) 10.0 Market cap (INRm) 2,654.3

More information

Lakshmi Finance and Industrial Corporation Ltd

Lakshmi Finance and Industrial Corporation Ltd Q1FY12 Result Update Enhancing investment decisions CRISIL Limited. All Rights Reserved. Explanation of CRISIL Fundamental and Valuation (CFV) matrix The CFV Matrix (CRISIL Fundamental and Valuation Matrix)

More information

Maruti Suzuki India BUY. Performance Update. CMP `9,315 Target Price `10,820. 1QFY2019 Result Update Automobile. Historical share price chart

Maruti Suzuki India BUY. Performance Update. CMP `9,315 Target Price `10,820. 1QFY2019 Result Update Automobile. Historical share price chart Jul-15 Sep-15 Nov-15 Jan-16 Mar-16 May-16 Jul-16 Sep-16 Nov-16 Jan-17 Mar-17 May-17 Jul-17 Sep-17 Nov-17 Jan-18 Mar-18 May-18 1QFY2019 Result Update Automobile July 27, 2018 Maruti Suzuki India Performance

More information

Company Overview. FY15 and recent performance. In Q2FY16, revenue has increased by 18% YoY to INR801.8m. Table 1: Key financials

Company Overview. FY15 and recent performance. In Q2FY16, revenue has increased by 18% YoY to INR801.8m. Table 1: Key financials Edible Oils l BSE Research Kriti Nutrients Ltd. CMP: INR20.90 Stock data BSE code 533210 BSE ID KRITINUT Face value (INR) 1 No of shares (m) 50.1 Market cap (INRm) 1,047.2 3m avg. daily vol (No) 23,990.3

More information

SQS India BFSI Ltd HOLD. Impact of Macro Headwinds Still Hurting; Revenue from US May Pick up in FY18E

SQS India BFSI Ltd HOLD. Impact of Macro Headwinds Still Hurting; Revenue from US May Pick up in FY18E Company Update Impact of Macro Headwinds Still Hurting; Revenue from US May Pick up in FY18E EBITDA Margins recovered by 618 bps QoQ: The company has witnessed many challenges over the year FY17 starting

More information

Company Overview. Financial Performance

Company Overview. Financial Performance Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 CMP: 31.25 December 24, 2015 Stock Details BSE code 523878 BSE ID TOTEX Face value ( ) 10 No of shares (m) 8.1 Market

More information

Blue Star Ltd BUY. Performance Update. CMP Target Price `703 `867. 1QFY2019 Result Update Cons. Durable. 3-year price chart.

Blue Star Ltd BUY. Performance Update. CMP Target Price `703 `867. 1QFY2019 Result Update Cons. Durable. 3-year price chart. Aug-15 Oct-15 Dec-15 Feb-16 Apr-16 Jun-16 Aug-16 Oct-16 Dec-16 Jan-17 Apr-17 May-17 Jul-17 Sep-17 Nov-17 Jan-18 Mar-18 May-18 Jul-18 1QFY2019 Result Update Cons. Durable August 10, 2018 Blue Star Ltd Performance

More information

Bata India BUY. Performance Update. CMP Target Price `842. 1QFY2019 Result Update Footwear. Historical share price chart.

Bata India BUY. Performance Update. CMP Target Price `842. 1QFY2019 Result Update Footwear. Historical share price chart. Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 1QFY2019 Result Update Footwear July 23, 2018 Bata India Performance Update Y/E March (` cr) 1QFY19 1QFY18 % yoy

More information

Kandagiri Spinning Mills Ltd

Kandagiri Spinning Mills Ltd Q1FY12 Result Update Enhancing investment decisions CRISIL Limited. All Rights Reserved. Explanation of CRISIL Fundamental and Valuation (CFV) matrix The CFV Matrix (CRISIL Fundamental and Valuation Matrix)

More information

Mahindra & Mahindra Ltd.

Mahindra & Mahindra Ltd. Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19 3QFY2019 Result Update Automobile February 15, 2019 Mahindra & Mahindra Ltd. Performance Update Y/E March (` cr)

More information

Kandagiri Spinning Mills Ltd

Kandagiri Spinning Mills Ltd Q4FY11 Result Update Enhancing investment decisions CRISIL Limited. All Rights Reserved. Explanation of CRISIL Fundamental and Valuation (CFV) matrix The CFV Matrix (CRISIL Fundamental and Valuation Matrix)

More information

RSWM LIMITED. Independent Equity Research RSWM LIMITED. CMP Rs March 16, TEXTILES BSE Scrip Code:

RSWM LIMITED. Independent Equity Research RSWM LIMITED. CMP Rs March 16, TEXTILES BSE Scrip Code: CARE Independent Equity Research TEXTILES BSE Scrip Code: 500350 CMP Rs.87.5 1 March 16, 2012 Integrated textile player having significant brand awareness RSWM Limited (RSWM) is a leading and integrated

More information

Matrimony.com Ltd BUY. Performance Update. Target Price `1,016. 4QFY2018 Result Update Cable. Historical share price chart.

Matrimony.com Ltd BUY. Performance Update. Target Price `1,016. 4QFY2018 Result Update Cable. Historical share price chart. 4QFY2018 Result Update Cable May 7, 2018 Matrimony.com Ltd Performance Update Y/E March (` cr) 4QFY18 4QFY17 % yoy 3QFY18 % qoq Net sales 84 75 12 84 1 EBITDA 20 11 78 17 15 EBITDA margin (%) 23.6 14.8

More information

Company Overview. Industry Overview. Financial Performance

Company Overview. Industry Overview. Financial Performance Jan/15 Feb/15 Mar/15 Apr/15 May/15 Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/15 Dec/15 CMP: 6.22 January 18, 2016 Stock Details BSE code 526735 BSE ID EXCAST Face value ( ) 2 No of shares (m) 41 52 week H/L

More information

Amara Raja Batteries BUY. Performance Highlights. CMP `1,010 Target Price `1,167. 2QFY2017 Result Update Auto Ancillary. 3-year price chart

Amara Raja Batteries BUY. Performance Highlights. CMP `1,010 Target Price `1,167. 2QFY2017 Result Update Auto Ancillary. 3-year price chart 2QFY217 Result Update Auto Ancillary November 8, 216 Amara Raja Batteries Performance Highlights BUY CMP `1,1 Target Price `1,167 Y/E March (` cr) 3QFY16 3QFY15 % chg (yoy) 2QFY16 % chg (qoq) Net Sales

More information

Quick take. Aditya Birla Nuvo BUY. Deep Value. Valuation Methodology. Exhibit 1: ABNL s Business Structure

Quick take. Aditya Birla Nuvo BUY. Deep Value. Valuation Methodology. Exhibit 1: ABNL s Business Structure Deep Value Quick take BUY CMP Rs811 Target Price Rs1,166 (ABNL), a diversified business conglomerate, emerged from the three-way merger of Indian Rayon, Birla Global Finance and Indo Gulf in 2005. ABNL

More information