8/8/2019 Rejected Companies
1/140
Hanung Toys and Textiles
Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 58.19 66.14 70.51 80.45 149.12 277.09
Excise Duty 0 0 0 0.43 0.46 0.58
Net Sales 58.19 66.14 70.51 80.02 148.66 276.51
Other Income 0.08 0.07 0.25 0.33 -0.8 2.51Stock Adjustments 1.18 -0.87 2.79 4.87 20.57 10.89
Total Income 59.45 65.34 73.55 85.22 168.43 289.91
Expenditure
Raw Materials 41.27 48.16 56.16 63.6 125.15 212.06
0 0 0 0.33 1.78 4.11
1.41 1.4 1.69 5.01 7.4 9.69
7.03 6.09 6.27 2.06 3.35 4.37
Selling and Admin Expen 0 0 0 3.68 3.86 4.51
Miscellaneous Expenses 3.57 4.36 4.53 0.57 0.59 1.42
Preoperative Exp Capital 0 0 0 0 0 0 Total Expenses 53.28 60.01 68.65 75.25 142.13 236.16
Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 6.09 5.26 4.65 9.64 27.1 51.24
PBDIT 6.17 5.33 4.9 9.97 26.3 53.75
Interest 3.08 2.46 2.37 2.57 5.36 9.5
PBDT 3.09 2.87 2.53 7.4 20.94 44.25
Depreciation 0.24 0.34 0.51 0.72 1.4 2.97Other Written Off 0.02 0.02 0.02 0.01 0.01 0.01
Profit Before Tax 2.83 2.51 2 6.67 19.53 41.27
Extra-ordinary items 0 0 0 -0.02 -0.05 -0.25
PBT (Post Extra-ord Item 2.83 2.51 2 6.65 19.48 41.02
Tax 0.77 0.54 0.56 2.49 6.53 13.23
Reported Net Profit 2.07 1.99 1.44 4.16 12.94 27.8
Total Value Addition 12.01 11.84 12.5 11.65 16.98 24.09
0 0 0 0 0 0
0.55 0 0 0.33 0.65 0
0 0 0 0.05 0.09 0
Per share data (annualised)
Shares in issue (lakhs) 0 0 0 33.49 156.88 251.88
Earning Per Share (Rs) 0 0 0 12.42 8.25 11.04
0 0 0 10 10 0
Book Value (Rs) 0 0 0 64.97 42.68 73.45
Power & Fuel Cost
Employee Cost
Other Manufacturing Expenses
Preference Dividend
Equity Dividend
Corporate Dividend Tax
Equity Dividend (%)
8/8/2019 Rejected Companies
2/140
Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths Mar '05
BV 12.99
501.82 649.18 848.34 Sales 80.02
2.1 0.6 0.72 EPS 2.48
499.72 648.58 847.62 Cash Flow 0
5.69 -3.38 -10.92 ROIC #DIV/0!44.46 86.33 41.85 Shares in issue (la 33.49
549.87 731.53 878.55
5 yr
390.59 555.52 638.15 Equity Growth Rat 19%
5.67 9.57 17.4 Sales Growth 60%
17.16 20.88 27.38 EPS Growth Rate 24%
21.8 9.35 11.14 Cash Flow Growth #DIV/0!
18.89 16.47 17.94
1.46 1.58 1.54 Current EPS 7.18
0 0 0 Estimated EPS gr 24455.57 613.37 713.55 Estimated Future 48
Mar '08 Mar '09 Mar '10 Estimated Future 8
Min Acceptable R 15%
12 mths 12 mths 12 mths
Future EPS 61.74
88.61 121.54 175.92 Future Price per s 493.94
94.3 118.16 165 Sticker Price 122.09
13.59 32.9 49.65 MoS 61.05
80.71 85.26 115.35 CMP 364
5.11 11.31 17.220.01 0 0
75.59 73.95 98.13
-0.04 -0.19 -1.52
75.55 73.76 96.61
14.79 9.3 6.13
60.74 64.45 90.48
64.99 57.86 75.41
0 0 0
3.78 3.78 5.04
0.64 0.64 0.86
251.88 251.88 251.88
24.11 25.59 35.92
15 15 20
97.46 121.29 154.87
8/8/2019 Rejected Companies
3/140
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
8.54 14.69 19.49 24.26 30.97
148.66 276.51 499.72 648.58 847.62
1.65 2.21 4.82 5.12 7.18
0 0 0 0 0
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!156.88 251.88 251.88 251.88 251.88
3 yr 1 yr
28% 28%
45% 31%
48% 40%
#DIV/0! #DIV/0!
%or current P/ 8(avg from outlook profit)
8/8/2019 Rejected Companies
4/140
Orchids
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 370.96 425.3 540.56 712.34 653.05 853.91
Excise Duty 10.78 14.67 13.92 19.51 11.63 15.31
Net Sales 360.18 410.63 526.64 692.83 641.42 838.6
Other Income 4.27 4.08 5.7 -5.86 35.44 49.77Stock Adjustments 37.54 22.67 50.54 50.5 95.81 17.85
Total Income 401.99 437.38 582.88 737.47 772.67 906.22
Expenditure
Raw Materials 222.54 247.79 340.05 420.44 412.03 403.18
Power & Fuel Cost 15.3 14.04 19.29 28.88 30.63 43.22
Employee Cost 22.98 26.65 36.3 48.42 56.68 70.26
Other Manufacturing Expen 5.91 6.35 7.46 6.7 14.77 27.81
Selling and Admin Expenses 21.04 40.88 56.38 70.55 85.54 87.98
Miscellaneous Expenses 3.08 4.82 10.2 10.94 9.14 12.88
Preoperative Exp Capitalise 0 0 0 0 0 0 Total Expenses 290.85 340.53 469.68 585.93 608.79 645.33
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 106.87 92.77 107.5 157.4 128.44 211.12
PBDIT 111.14 96.85 113.2 151.54 163.88 260.89
Interest 39.93 42.51 45.66 61.72 73.09 87.3
PBDT 71.21 54.34 67.54 89.82 90.79 173.59
Depreciation 31.16 35.82 40.31 56.84 61.89 82.98Other Written Off 3.59 5.1 0 0 0 0
Profit Before Tax 36.46 13.42 27.23 32.98 28.9 90.61
Extra-ordinary items -0.7 0 0 0 0 0
PBT (Post Extra-ord Items) 35.76 13.42 27.23 32.98 28.9 90.61
Tax 0 7.12 7.71 1.95 -2.1 7.71
Reported Net Profit 36.46 6.31 19.54 31.03 31.01 82.9
Total Value Addition 68.31 92.73 129.61 165.49 196.76 242.14
0 0 0 0 0 0
11.2 11.2 11.83 12.95 13.65 22.09
1.14 0 1.52 1.66 1.91 3.1
Shares in issue (lakhs) 279.99 279.99 323.82 323.82 341.32 646.18
13.02 2.25 6.03 9.58 9.09 12.83
40 40 40 40 40 30
Book Value (Rs) 142.02 117.64 124.23 129.3 138.07 121.49
Preference Dividend
Equity Dividend
CorporateDividend Tax
Per share data (annualised)
Earning Per Share (Rs)
Equity Dividend (%)
8/8/2019 Rejected Companies
5/140
Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths
BV
906.54 1250.18 1203.21 1240.78 Sales
21.26 11.27 11.77 8.71 EPS
885.28 1238.91 1191.44 1232.07 Cash Flow
43.71 45.3 53.99 961.52 ROIC139.74 19.34 64.78 -269.45 Shares in issue (lakhs
1068.73 1303.55 1310.21 1924.14
476.89 488.79 600.57 532.89 Equity Growth Rate
52.02 69.58 73.45 66.44 Sales Growth
83.99 106.98 126.32 162.34 EPS Growth Rate
28.57 40.73 40.42 43.79 Cash Flow Growth Rat
121.31 161.26 177.38 238.08
14.58 18.88 43.77 28.22
0 0 0 0777.36 886.22 1061.91 1071.76
Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths
247.66 372.03 194.31 -109.14
291.37 417.33 248.3 852.38
98.31 81.13 155.19 241.23
193.06 336.2 93.11 611.15
82.47 97.67 129.97 151.10 0 0 0
110.59 238.53 -36.86 460.05
2.68 11.3 9.64 2.47
113.27 249.83 -27.22 462.52
13.96 54.01 15.33 128.71
96.63 184.54 -52.17 331.34
300.48 397.43 461.34 538.87
0 0 0 0
29.41 29.37 9.16 88.8
5 4.99 1.56 14.75
658.16 658.51 704.42 704.42
14.68 28.02 -7.41 47.04
30 30 10 100
76.16 104.49 83.28 141.57
8/8/2019 Rejected Companies
6/140
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09
142.02 117.64 124.23 129.3 138.07 121.49 76.16 104.49 83.28
360.18 410.63 526.64 692.83 641.42 838.60 885.28 1,238.91 1,191.44
13.02 2.25 6.03 9.58 9.09 12.83 14.68 28.02 -7.41
0 0 0 0 0 0 0 0 0
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!279.99 279.99 323.82 323.82 341.32 646.18 658.16 658.51 704.42
9 yr 5 yr 3 yr 1 yr
0% 1% 23% 70%
15% 14% 12% 3%
15% 39% 47% -735%
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
8/8/2019 Rejected Companies
7/140
Mar '10
141.57
1,232.07
47.04
0
#DIV/0!704.42
8/8/2019 Rejected Companies
8/140
Lakshmi Machine Works
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 534.23 430.97 600.57 754.8 1130.8 1487.5
Excise Duty 0 0 69.83 83.98 132.2 174.99
Net Sales 534.23 430.97 530.74 670.82 998.6 1312.51
Other Income 17.61 6.28 9.3 -0.06 -43.82 23.94Stock Adjustments -3.31 -2.69 -2.31 7.59 3.89 -0.02
Total Income 548.53 434.56 537.73 678.35 958.67 1336.43
Expenditure
Raw Materials 278.42 215.56 292.14 359.19 627.7 804.26
Power & Fuel Cost 22.71 12.29 12.89 16.69 21.91 23.3
59.91 60.21 62.52 74.62 85.08 105.53
Other Manufacturing Expens 35.01 27.05 31.66 7.66 11.84 23.39
54.73 45.09 53.41 84.29 108.43 127.33
Miscellaneous Expenses 6.09 4.29 6.26 12.59 6.77 5.39
Preoperative Exp Capitalised 0 0 0 0 0 0 Total Expenses 456.87 364.49 458.88 555.04 861.73 1089.2
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 74.05 63.79 69.55 123.37 140.76 223.29
PBDIT 91.66 70.07 78.85 123.31 96.94 247.23
Interest 20.23 16.53 10.56 10.96 8.11 3.45
PBDT 71.43 53.54 68.29 112.35 88.83 243.78
Depreciation 37.52 30.76 26.52 53.15 36.34 55.88Other Written Off 0 0 0 0 0 0
Profit Before Tax 33.91 22.78 41.77 59.2 52.49 187.9
Extra-ordinary items 2.26 -3.36 4.57 -1.96 -0.44 -3.24
PBT (Post Extra-ord Items) 36.17 19.42 46.34 57.24 52.05 184.66
Tax 7.5 8.64 13.32 -1.03 37.55 39.85
Reported Net Profit 27.4 14.71 33.03 58.26 73.34 148.07
Total Value Addition 178.45 148.93 166.73 195.85 234.04 284.93
Preference Dividend 0 0 0 0 0 0
Equity Dividend 4.27 3.66 5.49 12.37 18.55 37.11
Corporate Dividend Tax 0.44 0 0.7 1.58 2.6 5.2
Per share data (annualised)
Shares in issue (lakhs) 12.19 12.19 12.19 12.37 12.37 12.37
224.73 120.69 270.96 471.03 592.89 1197.06
Equity Dividend (%) 35 30 45 100 150 300
Book Value (Rs) 2190.48 2170.19 2447.36 2771.89 2718.19 3547.03
Employee Cost
Selling and Admin Expenses
Earning Per Share (Rs)
8/8/2019 Rejected Companies
9/140
Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths
BV
2164.14 2566.17 1521.74 1252.91 Sales
273.65 328.1 163.79 93.55 EPS
1890.49 2238.07 1357.95 1159.36 Cash Flow
49.4 50.81 70.55 55.04 ROIC5.97 9.01 -19.14 0.31 Shares in lacs
1945.86 2297.89 1409.36 1214.71
1210.15 1431.23 830.83 718.56 Equity Growth Rate
29.6 25.27 21.17 21.12 Sales Growth
128.6 146.14 119.79 112.13 EPS Growth Rate
27.43 30.16 28.98 15.11 Cash Flow Growth Rat
150.82 147.55 117.85 90.9
18.2 27.25 14.94 9.65 Current EPS
0 0 0 0 Estimated EPS growth1564.8 1807.6 1133.56 967.47 Estimated Future P/E
Mar '07 Mar '08 Mar '09 Mar '10 Estimated Future P/E
Min Acceptable Rate
12 mths 12 mths 12 mths 12 mths
Future EPS
331.66 439.48 205.25 192.2 Future Price per share
381.06 490.29 275.8 247.24 Sticker Price
3.69 3.27 4.02 0.88 MoS
377.37 487.02 271.78 246.36
68.75 115.87 117.62 95.820 0 0 0
308.62 371.15 154.16 150.54
-2.74 -0.2 5.6 -0.89
305.88 370.95 159.76 149.65
99.66 128.66 52.84 44.99
206.2 242.3 106.93 104.68
354.66 376.36 302.73 248.9
0 0 0 0
49.48 55.66 18.55 18.55
6.94 9.46 3.15 3.08
123.69 123.69 123.69 123.69
166.7 195.89 86.45 84.63
400 450 150 150
469.16 612.4 681.31 748.45
8/8/2019 Rejected Companies
10/140
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09
2190.48 2170.19 2447.36 2771.89 2718.19 3547.03 4691.6 6124 6813.1
534.23 430.97 530.74 670.82 998.60 1,312.51 1,890.49 2,238.07 1,357.95
224.73 120.69 270.96 471.03 592.89 1197.06 1667 1958.9 864.5
0 0 0 0 0 0 0 0 0
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!12.19 12.19 12.19 12.37 12.37 12.37 123.69 123.69 123.69
9 yr 5 yr 3 yr 1 yr
15% 22% 17% 10%
9% 3% -15% -15%
16% 7% -20% -2%
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
84.63
17 %34or current P/ 24(from moneycontrol)
24
15%
406.8
9763.25
2413.32
1206.66
8/8/2019 Rejected Companies
11/140
Mar '10
7484.5
1,159.36
846.3
0
#DIV/0!123.69
8/8/2019 Rejected Companies
12/140
Visaka Industries
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 126.11 119.3 137.46 163.62 215.17 305.34
Excise Duty 6.68 6.85 6.27 5.19 5.33 10.78
Net Sales 119.43 112.45 131.19 158.43 209.84 294.56
Other Income 1.52 3.23 1.54 1.58 0.25 -0.34Stock Adjustments 1.39 1.83 0.02 5.76 13.52 11.59
Total Income 122.34 117.51 132.75 165.77 223.61 305.81
Expenditure
Raw Materials 63.57 62.59 69.46 88.36 125.44 171.4
Power & Fuel Cost 10 9.99 9.9 10.73 13.78 17.45
Employee Cost 8.64 7.63 8.19 10.04 12.05 15.74
Other Manufacturing Expens 0.36 0.23 1.16 0.6 0.82 1
Selling and Admin Expenses 14.25 13.08 15.32 21 26.22 38.53
Miscellaneous Expenses 3.84 4.53 4.55 5.63 7.85 10.23
Preoperative Exp Capitalised 0 0 0 0 0 0 Total Expenses 100.66 98.05 108.58 136.36 186.16 254.35
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 20.16 16.23 22.63 27.83 37.2 51.8
PBDIT 21.68 19.46 24.17 29.41 37.45 51.46
Interest 7.48 6.3 5.56 6.89 7.56 11.77
PBDT 14.2 13.16 18.61 22.52 29.89 39.69
Depreciation 4.12 4.29 4.68 6.32 7.55 10.6Other Written Off 0.1 0.1 0.03 0.03 0.03 0
Profit Before Tax 9.98 8.77 13.9 16.17 22.31 29.09
Extra-ordinary items 0 0 0 0 0 0
PBT (Post Extra-ord Items) 9.98 8.77 13.9 16.17 22.31 29.09
Tax 0.76 1.65 4.89 6.04 7.98 9.83
Reported Net Profit 9.2 7.12 9.01 10.14 14.35 19.26
Total Value Addition 37.09 35.45 39.12 48 60.71 82.96
Preference Dividend 0.3 0.3 0.3 0.3 0.3 0.3
Equity Dividend 1.92 1.92 2.35 2.67 3.2 3.2
Corporate Dividend Tax 0.23 0.03 0.34 0.38 0.48 0.49
Per share data (annualised)
Shares in issue (lakhs) 106.74 106.74 106.74 106.74 106.74 106.74
Earning Per Share (Rs) 8.34 6.39 8.16 9.21 13.16 17.76
Equity Dividend (%) 18 18 22 25 30 30
Book Value (Rs) 39.37 43.93 49.57 55.93 65.64 79.94
Closing Cash & Cash Equivalents
NOPAT(~PAT) 9.2 7.12 9.01 10.14 14.35 19.26
Total Debt 50.12 46.2 53.41 60.37 101.53 145.75
8/8/2019 Rejected Companies
13/140
Total Equity 44.52 49.39 55.41 62.2 72.57 87.83
8/8/2019 Rejected Companies
14/140
Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths
BV
403.81 461.97 613.06 641.32 Sales
24.93 29.52 28.38 41.18 EPS
378.88 432.45 584.68 600.14 Cash Flow
3 -0.73 -2.73 3.34 ROIC4.27 20.05 -30.86 25.81
386.15 451.77 551.09 629.29
Equity Growth Rate
226.02 291.65 314.98 359.42 Sales Growth
22.37 24.26 25.9 29.55 EPS Growth Rate
21.12 22.79 26.08 28.85 Cash Flow Growth Rate
1.26 1.73 3.09 3.3
40.78 49.48 71.39 64.27
12.9 15.76 19.26 23.94 Current EPS
0 0 0 0 Estimated EPS growth ra324.45 405.67 460.7 509.33 Estimated Future P/E
Mar '07 Mar '08 Mar '09 Mar '10 Estimated Future P/E
Min Acceptable Rate
12 mths 12 mths 12 mths 12 mths
Future EPS
58.7 46.83 93.12 116.62 Future Price per share
61.7 46.1 90.39 119.96 Sticker Price
13.47 17.23 18.36 12.4 MoS
48.23 28.87 72.03 107.56
13.48 15.66 16.6 18.390 0.01 0 0
34.75 13.2 55.43 89.17
0 0 0 0
34.75 13.2 55.43 89.17
10.92 5.52 19.49 29.16
23.74 7.67 35.94 57.21
98.43 114.02 145.72 149.91
0.06 0 0 0
4.16 4.76 6.35 7.94
0.72 0.81 1.08 1.34
138.73 158.81 158.81 158.81
17.07 4.83 22.63 36.03
30 30 40 50
104.08 100.3 118.25 148.43
23.74 7.67 35.94 57.21
172.77 188.76 157.4 148.62
8/8/2019 Rejected Companies
15/140
145.62 159.29 187.79 235.73
8/8/2019 Rejected Companies
16/140
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09
39.37 43.93 49.57 55.93 65.64 79.94 104.08 100.3 118.25
119.43 112.45 131.19 158.43 209.84 294.56 378.88 432.45 584.68
8.34 6.39 8.16 9.21 13.16 17.76 17.07 4.83 22.63
0 0 0 0 0 0 0 0 0
9.72% 7.45% 8.28% 8.27% 8.24% 8.25% 7.46% 2.20% 10.41%
9 yr 5 yr 3 yr 1 yr
16% 18% 13% 26%
20% 23% 17% 3%
18% 22% 28% 59%
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
36.03
20 %40 or current P/ 4.88 (from moneycontrol)
4.88
15%
223.09
1088.67
269.1
134.55
8/8/2019 Rejected Companies
17/140
8/8/2019 Rejected Companies
18/140
Mar '10
148.43
600.14
36.03
0
14.88%
8/8/2019 Rejected Companies
19/140
8/8/2019 Rejected Companies
20/140
Karur Vysya Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Interest Earned 461.19 482.3 515.61 647.62 590.77 650.85
Other Income 53.86 104.7 132.46 74.25 113.15 143.11
Total Income 515.05 587 648.07 721.87 703.92 793.96
Expenditure
Interest expended 305.74 317.73 346.55 350.42 334.07 367.96Employee Cost 49.43 53.1 60.1 78.87 76.36 87.36
Selling and Admin Expenses 11.81 13.05 40.54 60.97 45.44 48.97
Depreciation 9.31 11.04 10.9 14.65 19.51 22.8
Miscellaneous Expenses 66.71 83.57 65.01 55.91 123.2 131.52
Preoperative Exp Capitalised 0 0 0 0 0 0
Operating Expenses 98.76 107.52 125.91 173.16 185.52 215.86
Provisions & Contingencies 38.5 53.24 50.64 37.24 78.99 74.79
Total Expenses 443 478.49 523.1 560.82 598.58 658.61
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Net Profit for the Year 72.05 108.51 124.97 161.05 105.34 135.35
Extraordionary Items 0 0 0 0 0 0
Profit brought forward 0.05 0.74 1.03 1.33 1.1 0.19
Total 72.1 109.25 126 162.38 106.44 135.54
Preference Dividend 0 0 0 0 0 0
Equity Dividend 3.6 4.2 12.58 17.98 17.98 21.57
Corporate Dividend Tax 0.37 0 1.61 2.3 2.52 3.03
Per share data (annualised)
Earning Per Share (Rs) 120.08 180.86 104.14 134.21 58.59 75.28
Equity Dividend (%) 60 70 70 100 100 120
Book Value (Rs) 547.97 716.86 465.57 593.36 423.22 484.8
Appropriations
Transfer to Statutory Reserves 20.19 52.03 77 99.5 31.75 41
Transfer to Other Reserves 47.19 52 33.5 41.5 54 69
Proposed Dividend/Transfer to Go 3.97 4.2 14.19 20.28 20.5 24.6
Balance c/f to Balance Sheet 0.74 1.03 1.3 1.1 0.19 0.94
Total 72.09 109.26 125.99 162.38 106.44 135.54
5 yr 1 yr
BV growth -16% 13%
Sales Growth 19% 30%
EPS growth -20% 13%
8/8/2019 Rejected Companies
21/140
Mar '07 Mar '08 Mar '09
12 mths 12 mths 12 mths
867.4 1134.03 1446.09
146.18 182.93 265.21
1013.58 1316.96 1711.3
520.29 765.35 1035.6892.7 101.78 122.86
69.31 50.35 64.16
22.01 19.6 20.53
149.27 171.55 232.23
0 0 0
219.98 218.97 262.88
113.31 124.31 176.9
853.58 1108.63 1475.46
Mar '07 Mar '08 Mar '09
12 mths 12 mths 12 mths
160.01 208.33 235.84
0 0 0
0.94 1.36 1.11
160.95 209.69 236.95
0 0 0
53.94 64.74 64.74
9.17 11 11
29.63 38.62 43.71
100 120 120
196.88 220.61 250.26
-22.75 68.09 110.75
119.25 64.75 49.01
63.11 75.74 75.74
1.34 1.1 1.45
160.95 209.68 236.95
8/8/2019 Rejected Companies
22/140
Profit & Loss account of I ------------------- in Rs. Cr. ------------------- --------------
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 133.88 138.31 153.54 175.3 188.26 216.62
0 0 0 0 0 0
Net Sales 133.88 138.31 153.54 175.3 188.26 216.62
Other Income 3.19 3.22 3.88 4.64 5.3 6.71Stock Adjustments 0 0 0 0 0 0
Total Income 137.07 141.53 157.42 179.94 193.56 223.33
Expenditure
Raw Materials 0 0 0 0 0 0
Power & Fuel Cost 6.14 6.15 6.56 7.1 8.2 10.31
Employee Cost 17.26 19.6 22.09 25.54 31.28 40.06
Other Manufacturing Exp 67.85 70.72 80.61 92.5 98.78 114.52
Selling and Admin Expen 7.2 5.96 7.71 9.28 9.51 12.22
Miscellaneous Expenses 5.4 5 5.53 6.62 7.77 8.88
Preoperative Exp Capitali 0 0 0 0 0 0 Total Expenses 103.85 107.43 122.5 141.04 155.54 185.99
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 30.03 30.88 31.04 34.26 32.72 30.63
PBDIT 33.22 34.1 34.92 38.9 38.02 37.34
Interest 8.67 7.25 6.22 3.42 2.09 3.01
PBDT 24.55 26.85 28.7 35.48 35.93 34.33
Depreciation 8.69 9.26 10.14 11.47 12.57 13.3Other Written Off 0.3 0.3 0.3 0.3 0.3 0.3
Profit Before Tax 15.56 17.29 18.26 23.71 23.06 20.73
Extra-ordinary items 1 0.1 0.51 0.82 0.45 1.5
PBT (Post Extra-ord Item 16.56 17.39 18.77 24.53 23.51 22.23
Tax 1.42 8.45 7.58 9.04 7.2 5.56
Reported Net Profit 15.14 9.69 11.19 15.49 16.32 16.66
103.85 107.43 122.5 141.04 155.54 185.99
0 0 0 0 0 0
6.88 6.88 7.79 9.17 9.17 11.46
1.51 0 1 1.17 1.29 1.61
Per share data (annualised)
Shares in issue (lakhs) 916.73 916.73 916.73 916.73 916.73 916.73
Earning Per Share (Rs) 1.65 1.06 1.22 1.69 1.78 1.82
7.5 7.5 8.5 10 10 12.5
12.55 11.33 11.59 12.15 11.84 12.23
Excise Duty
Total Value Addition
Preference Dividend
Equity Dividend
Corporate Dividend Tax
Equity Dividend (%)
Book Value (Rs)
8/8/2019 Rejected Companies
23/140
----- in Rs. Cr. -------------------
Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths Mar '01
BV 12.55
245.66 329.54 392.82 424.43 Sales 133.88
0 0 0 0 EPS 1.65
245.66 329.54 392.82 424.43 Cash Flow 0
7.43 11.98 12.66 12.05 ROIC #DIV/0!0 0 0 0 Shares in issue (l 916.73
253.09 341.52 405.48 436.48
9 yr
0 0 0 114.87 Equity Growth R 2%
10.21 0 0 0 Sales Growth 14%
45.92 63.67 77.36 82.44 EPS Growth Rate 8%
131.02 196.88 224.89 104.34 Cash Flow Growt #DIV/0!
15.99 20.15 27.58 0
10.66 13.25 14.38 65.13
0 0 0 0213.8 293.95 344.21 366.78
Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths
31.86 35.59 48.61 57.65
39.29 47.57 61.27 69.7
5.09 6.28 5.75 3.85
34.2 41.29 55.52 65.85
13.56 16.17 18.67 19.290 0 0 0
20.64 25.12 36.85 46.56
0.6 0.68 0.43 -0.29
21.24 25.8 37.28 46.27
8.22 9.67 13.39 15.21
14.72 16.15 23.89 31.06
213.81 293.94 344.21 251.91
0 0 0 0
11.46 12.83 13.75 14.67
1.95 2.18 2.34 2.49
916.73 916.73 916.73 916.73
1.61 1.76 2.61 3.39
12.5 14 15 16
12.37 12.44 13.29 14.8
8/8/2019 Rejected Companies
24/140
Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
11.33 11.59 12.15 11.84 12.23 12.37 12.44 13.29 14.8
138.31 153.54 175.30 188.26 216.62 245.66 329.54 392.82 424.43
1.06 1.22 1.69 1.78 1.82 1.61 1.76 2.61 3.39
0 0 0 0 0 0 0 0 0
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!916.73 916.73 916.73 916.73 916.73 916.73 916.73 916.73 916.73
5 yr 3 yr 1 yr
5% 6% 11%
18% 20% 8%
14% 28% 30%
#DIV/0! #DIV/0! #DIV/0!
8/8/2019 Rejected Companies
25/140
Tata Sponge Iron
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 131.33 142.73 164.98 201.89 266.57 221.67
Excise Duty 18.4 19.8 22.9 27.04 26.07 28.64
Net Sales 112.93 122.93 142.08 174.85 240.5 193.03
Other Income 4.79 4.02 5.97 8.06 9.04 10.38Stock Adjustments 0.12 0.35 1.09 -0.07 -0.58 -0.74
Total Income 117.84 127.3 149.14 182.84 248.96 202.67
Expenditure
Raw Materials 65.18 77.17 83.37 89.46 106.74 118.67
Power & Fuel Cost 7.69 7.47 1.75 1.65 0.56 1.77
Employee Cost 6.93 6.34 7.93 8.48 10.52 10.79
4.34 4.02 6.36 5.11 5.63 6.19
Selling and Admin Expense 9.5 6.93 8.55 12.51 17.83 18.37
Miscellaneous Expenses 3.24 3.52 4.3 4.51 6.03 10.57
Preoperative Exp Capitalise 0 0 0 0 -0.32 -4.64 Total Expenses 96.88 105.45 112.26 121.72 146.99 161.72
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 16.17 17.83 30.91 53.06 92.93 30.57
PBDIT 20.96 21.85 36.88 61.12 101.97 40.95
Interest 5.2 4.31 3.68 1.08 0.12 0.09
PBDT 15.76 17.54 33.2 60.04 101.85 40.86
Depreciation 6.16 7.39 7.98 7.06 7.17 7.57Other Written Off 0 0 0 0 0 0
Profit Before Tax 9.6 10.15 25.22 52.98 94.68 33.29
Extra-ordinary items 0.02 0.14 0.39 0.09 -0.34 0.66
PBT (Post Extra-ord Items) 9.62 10.29 25.61 53.07 94.34 33.95
Tax 1.1 3.87 7.22 18.71 33.45 11.82
Reported Net Profit 8.53 9.41 18.39 34.36 60.89 22.14
31.7 28.29 28.88 32.26 40.25 43.06
0 0 0 0 0 0
3.08 3.08 4.62 7.7 10.78 6.16
0.31 0 0.59 0.99 1.51 0.86
Per share data (annualised)
Shares in issue (lakhs) 154 154 154 154 154 154
Earning Per Share (Rs) 5.54 6.11 11.94 22.31 39.54 14.38
20 20 30 50 70 40
Book Value (Rs) 36.15 28.91 37.47 54.14 85.7 95.51
Closing Cash & Cash Equivalents 2.8 3.37 2.57 2.64 46.06 2.62
NOPAT(~PAT) 8.53 9.41 18.39 34.36 60.89 22.14
Total Debt 39.7 49.03 20.44 0.81 0.69 70.67
Other Manufacturing Expenses
Total Value Addition
Preference Dividend
Equity Dividend
CorporateDividend Tax
Equity Dividend (%)
8/8/2019 Rejected Companies
26/140
Total Equity 55.67 44.52 57.7 83.37 131.97 147.09
Tc
NOPAT
8/8/2019 Rejected Companies
27/140
Mar '07 Mar '08 Mar '09
12 mths 12 mths 12 mths
BV
323.1 515.85 676.06 Sales
37.4 59.2 66.72 EPS
285.7 456.65 609.34 Cash Flow
11.11 18.88 20.06 ROIC2.23 4.11 -0.56
299.04 479.64 628.84
Equity Growth Rate
195.85 254.6 347.9 Sales Growth
1.57 1.6 2.07 EPS Growth Rate
14.42 16.12 19.93 Cash Flow Growth Rat
8.06 11.63 17.83
20.32 17.23 18.32
15.4 14.85 18.76 Current EPS
-8.37 0 0 Estimated EPS growth247.25 316.03 424.81 Estimated Future P/E
Mar '07 Mar '08 Mar '09 Estimated Future P/E
Min Acceptable Rate
12 mths 12 mths 12 mths
Future EPS
40.68 144.73 183.97 Future Price per share
51.79 163.61 204.03 Sticker Price
5.36 12.03 4.64 MoS
46.43 151.58 199.39
13.49 19.65 18.31 sales are not alway0 0 0
32.94 131.93 181.08
0.02 4.26 -0.31
32.96 136.19 180.77
11.71 40.66 60.11
21.23 95.53 120.67
51.41 61.43 76.91
0 0 0
6.16 10.78 12.32
1.05 1.83 2.09
154 154 154
13.79 62.03 78.35
40 70 80
102.84 158.09 227.09
79.98 40.13 114.6
21.23 95.53 120.67
146.84 84.4 0.11
8/8/2019 Rejected Companies
28/140
8/8/2019 Rejected Companies
29/140
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09
36.15 28.91 37.47 54.14 85.7 95.51 102.84 158.09 227.09
112.93 122.93 142.08 174.85 240.50 193.03 285.70 456.65 609.34
5.54 6.11 11.94 22.31 39.54 14.38 13.79 62.03 78.35
36.15 28.91 37.47 54.14 85.7 95.51 102.84 158.09 227.09
8.94% 10.06% 23.53% 40.82% 45.90% 10.17% 6.96% 29.14% 34.49%
8 yr 5 yr 3 yr 1 yr
26% 33% 33% 44%
23% 28% 47% 33%
39% 29% 76% 26%
26% 33% 33% 44%
78.35
25 %50or current P/ 6.2(from moneycontrol)
6.2
15%
729.69
4524.09
1118.28
559.14
s increasing. There are blips in between
8/8/2019 Rejected Companies
30/140
8/8/2019 Rejected Companies
31/140
Profit & Loss account of Natural Caps ------------------- in Rs. Cr. -------- ------------------- in Rs.
Mar '00 Mar '01 Mar '02 Mar '03 Mar '04
12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 4.44 4.37 6.65 7.52 10.41
Excise Duty 0 0 0 0 0
Net Sales 4.44 4.37 6.65 7.52 10.41
Other Income 0.06 0.13 0.01 0.04 0.08Stock Adjustments 0.04 -0.16 -0.13 0.01 -0.19
Total Income 4.54 4.34 6.53 7.57 10.3
Expenditure
Raw Materials 1.58 1.44 3.07 3.11 3.8
Power & Fuel Cost 0.57 0.59 0.69 0.74 1.15
Employee Cost 0.39 0.43 0.47 0.58 0.77
0.06 0.1 0.07 0.09 0.21
Selling and Admin Expenses 0.23 0.32 0.5 0.51 0.58
Miscellaneous Expenses 0.11 0.12 0.17 0.19 0.17
Preoperative Exp Capitalised 0 0 0 0 0 Total Expenses 2.94 3 4.97 5.22 6.68
Mar '00 Mar '01 Mar '02 Mar '03 Mar '04
12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 1.54 1.21 1.55 2.31 3.54
PBDIT 1.6 1.34 1.56 2.35 3.62
Interest 0.86 0.66 0.57 0.35 0.3
PBDT 0.74 0.68 0.99 2 3.32
Depreciation 0.58 0.59 0.6 0.6 0.68Other Written Off 0.02 0.02 0.04 0.04 0.07
Profit Before Tax 0.14 0.07 0.35 1.36 2.57
Extra-ordinary items -0.01 -0.01 -0.03 -0.04 0.06
PBT (Post Extra-ord Items) 0.13 0.06 0.32 1.32 2.63
Tax 0.01 0 0.08 0.59 0.68
Reported Net Profit 0.11 0.05 0.28 0.73 1.95
Total Value Addition 1.36 1.57 1.89 2.1 2.88
Preference Dividend 0 0 0 0 0
Equity Dividend 0 0 0 0 0
Corporate Dividend Tax 0 0 0 0 0
Per share data (annualised)
Shares in issue (lakhs) 34.75 34.75 34.75 34.75 34.75
0.32 0.16 0.82 2.1 5.62
Equity Dividend (%) 0 0 0 0 0
Book Value (Rs) 8.81 8.92 9.71 11.81 17.43
Closing Cash & Cash Equivalents 0.07 0.03 0.12 0.12
NOPAT(~PAT) 0.11 0.05 0.28 0.73 1.95
Total Debt 5.33 4.82 4.38 4.85 3.55
Other Manufacturing Expenses
Earning Per Share (Rs)
8/8/2019 Rejected Companies
32/140
Total Equity 3.06 3.1 3.37 4.1 6.5
8/8/2019 Rejected Companies
33/140
Cr. -------------------
Mar '05 Mar '06 Mar '07 Mar '08 Mar '09
12 mths 12 mths 12 mths 12 mths 12 mths
11.93 15.67 17.72 20.19 26.03
0 0 0 0 0
11.93 15.67 17.72 20.19 26.03
0.05 0.04 0.09 0 0.060.61 -0.2 -0.05 0.1 -0.06
12.59 15.51 17.76 20.29 26.03
5.16 6.37 7.45 8.24 10.18
1.41 1.4 1.57 1.86 2
1.06 1.18 1.37 1.5 2.03
0.27 0.27 0.51 0.8 0.9
0.88 1.37 1.79 2.03 3.02
0.25 0.29 0.24 0.32 0.41
0 0 0 0 09.03 10.88 12.93 14.75 18.54
Mar '05 Mar '06 Mar '07 Mar '08 Mar '09
12 mths 12 mths 12 mths 12 mths 12 mths
3.51 4.59 4.74 5.54 7.43
3.56 4.63 4.83 5.54 7.49
0.24 0.2 0.19 0.12 0.1
3.32 4.43 4.64 5.42 7.39
0.78 0.84 1 1.12 1.180 0 0 0 0
2.54 3.59 3.64 4.3 6.21
-0.02 -0.08 -0.05 -0.07 -0.01
2.52 3.51 3.59 4.23 6.2
1.07 1.18 1.14 1.63 2.19
1.46 2.4 2.46 2.59 3.98
3.86 4.51 5.46 6.51 8.37
0 0 0 0 0
0.38 0.43 0.43 0.45 0.54
0.05 0.07 0.07 0.08 0.09
42.83 42.83 42.83 45.03 45.03
3.41 5.6 5.75 5.75 8.83
10 10 10 10 12
22.04 26.37 30.95 35.48 43.22
0.12 0.16 0.16 0.77 0.13
1.46 2.4 2.46 2.59 3.98
3.12 2.92 2.74 1.19 6.29
8/8/2019 Rejected Companies
34/140
9.44 11.29 13.25 16.11 19.46
8/8/2019 Rejected Companies
35/140
Mar '00 Mar '01 Mar '02 Mar '03 Mar '04 Mar '05
BV 8.81 8.92 9.71 11.81 17.43 22.04
Sales 4.44 4.37 6.65 7.52 10.41 11.93
EPS 0.32 0.16 0.82 2.1 5.62 3.41
Cash Flow 0 0.07 0.03 0.12 0.12 0.12
ROIC 1.31% 0.63% 3.61% 8.16% 19.40% 11.62%Shares in issue (lakhs 34.75 34.75 34.75 34.75 34.75 42.83
9 yr 5 yr 3 yr 1 yr
Equity Growth Rate 19% 20% 18% 22%
Sales Growth 22% 20% 18% 29%
EPS Growth Rate 45% 9% 16% 54%
Cash Flow Growth Rat #DIV/0! 2% -7% -83%
Current EPS 8.83
Estimated EPS growth 25 %Estimated Future P/E 50or current P/ 5.5 (from moneycontrol
Estimated Future P/E 5.5
Min Acceptable Rate 15%
Future EPS 82.24
Future Price per share 452.3
Sticker Price 111.8
MoS 55.9
CMP 50
8/8/2019 Rejected Companies
36/140
8/8/2019 Rejected Companies
37/140
Mar '06 Mar '07 Mar '08 Mar '09
26.37 30.95 35.48 43.22
15.67 17.72 20.19 26.03
5.6 5.75 5.75 8.83
0.16 0.16 0.77 0.13
16.89% 15.38% 14.97% 15.46%42.83 42.83 45.03 45.03
)
8/8/2019 Rejected Companies
38/140
8/8/2019 Rejected Companies
39/140
Tourism Finance Ltd
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 137.78 121.33 116.2 91.19 80.89 64.43
Excise Duty 0 0 0 0 0 0
Net Sales 137.78 121.33 116.2 91.19 80.89 64.43
Other Income -2.48 -0.24 0.15 -5.96 -4.33 0.74Stock Adjustments 0 0 0 0 0 0
Total Income 135.3 121.09 116.35 85.23 76.56 65.17
Expenditure
Raw Materials 0 0 0 0 0 0
Power & Fuel Cost 0 0 0 0 0 0
Employee Cost 0.71 1.11 1.02 1.1 1.12 1.52
Other Manufacturing Expens 0 0 0 0 0 0
Selling and Admin Expenses 12.52 19.26 17.1 4 16.49 11.02
Miscellaneous Expenses 0.66 0.7 0.87 0.9 0.86 0.83
Preoperative Exp Capitalised 0 0 0 0 0 0 Total Expenses 13.89 21.07 18.99 6 18.47 13.37
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 123.89 100.26 97.21 85.19 62.42 51.06
PBDIT 121.41 100.02 97.36 79.23 58.09 51.8
Interest 105.3 90.53 85.51 64.72 52.69 35.81
PBDT 16.11 9.49 11.85 14.51 5.4 15.99
Depreciation 0.43 0.4 0.09 0.07 0.57 0.64Other Written Off 0 0 0 0 0 0
Profit Before Tax 15.68 9.09 11.76 14.44 4.83 15.35
Extra-ordinary items 0 0 0 0 0 0
PBT (Post Extra-ord Items) 15.68 9.09 11.76 14.44 4.83 15.35
Tax 2.86 1.09 2.05 1.72 0.27 3.5
Reported Net Profit 12.81 8 9.71 12.71 14.22 11.85
Total Value Addition 13.9 21.07 18.99 6 18.47 13.36
Preference Dividend 0 0 0 0 0 0
Equity Dividend 6.74 4.72 4.72 4.72 0 0
Corporate Dividend Tax 0.69 0 0.6 0.6 0 0
Per share data (annualised)
Shares in issue (lakhs) 674.19 674.19 674.19 674.19 674.19 674.19
Earning Per Share (Rs) 1.9 1.19 1.44 1.89 2.11 1.76
Equity Dividend (%) 10 7 7 7 0 0
Book Value (Rs) 22.87 23.24 23.71 24.69 25.59 27.35
8/8/2019 Rejected Companies
40/140
Mar '07 Mar '08 Mar '09
12 mths 12 mths 12 mths
BV
63.22 58.22 67.27 Sales
0 0 0 EPS
63.22 58.22 67.27 Cash Flow
0.78 1.14 3.69 ROIC0 0 0
64 59.36 70.96
Equity Growth Rate
0 0 0 Sales Growth
0 0 0 EPS Growth Rate
2.35 1.82 3.27 Cash Flow Growth Rat
0 0 0
8.78 -5.29 -2.82
0.66 0.75 1.3
0 0 011.79 -2.72 1.75
Mar '07 Mar '08 Mar '09
12 mths 12 mths 12 mths
51.43 60.94 65.52
52.21 62.08 69.21
34.29 31.75 28.26
17.92 30.33 40.95
0.61 0.59 1.730 0 0
17.31 29.74 39.22
0 0 0
17.31 29.74 39.22
3.03 8.01 10.26
14.28 21.74 28.97
11.8 -2.72 1.74
0 0 0
3.37 8.07 8.07
0.57 1.37 1.37
674.19 807.17 807.17
2.12 2.69 3.59
5 10 10
28.18 32.91 35.25
8/8/2019 Rejected Companies
41/140
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09
15.68 9.09 11.76 14.44 4.83 15.35 17.31 29.74 39.22
137.78 121.33 116.20 91.19 80.89 64.43 63.22 58.22 67.27
15.68 9.09 11.76 14.44 4.83 15.35 17.31 29.74 39.22
0 0 0 0 0 0 0 0 0
### ### ### ### ### ### ### ### ###
9 yr 5 yr 3 yr 1 yr
12% 22% 37% 32%
-9% -6% 1% 16%
12% 22% 37% 32%
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
8/8/2019 Rejected Companies
42/140
0
0
0.00
0
0
#DIV/0!
8/8/2019 Rejected Companies
43/140
First Leasing of India
Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07
16 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 187.25 134.13 111.09 104.25 108.44 123.67
Excise Duty 0 0 0 0 0 0
Net Sales 187.25 134.13 111.09 104.25 108.44 123.67
Other Income -5.24 -4.71 5.15 4.8 7.57 5.63Stock Adjustments 0 0 0 0 0 0
Total Income 182.01 129.42 116.24 109.05 116.01 129.3
Expenditure
Raw Materials 0 0 0 0 0 0
Power & Fuel Cost 0 0 0 0 0 0
Employee Cost 1.36 1.26 1.33 1.51 1.91 2.11
Other Manufacturing Expens 0 0 0 0 0 0
Selling and Admin Expenses 13.26 9.67 11.74 6 13.25 3.86
Miscellaneous Expenses 5.25 3.82 3.42 3.4 3.42 3.73
Preoperative Exp Capitalised 0 0 0 0 0 0 Total Expenses 19.87 14.75 16.49 10.91 18.58 9.7
Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07
16 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 167.38 119.38 94.6 93.34 89.86 113.97
PBDIT 162.14 114.67 99.75 98.14 97.43 119.6
Interest 83.71 60.05 51.31 57.03 54.04 65.8
PBDT 78.43 54.62 48.44 41.11 43.39 53.8
Depreciation 55.88 33.1 24.82 14.83 13.79 15.53Other Written Off 0 0 0 0 0 0
Profit Before Tax 22.55 21.52 23.62 26.28 29.6 38.27
Extra-ordinary items 0 0.25 0.15 0.09 0 0
PBT (Post Extra-ord Items) 22.55 21.77 23.77 26.37 29.6 38.27
Tax 4.67 2.42 2.04 2.19 2.49 12.89
Reported Net Profit 17.88 19.11 21.73 24.1 27.11 25.36
Total Value Addition 19.87 14.75 16.49 10.91 18.58 9.71
Preference Dividend 0 0 0 0 0 0
Equity Dividend 5.65 4.24 4.24 5.13 5.13 5.13
Corporate Dividend Tax 0 0.54 0.54 0.72 0.72 0.87
Per share data (annualised)
Shares in issue (lakhs) 227.91 227.91 227.91 227.91 227.91 227.91
Earning Per Share (Rs) 7.84 8.38 9.53 10.58 11.89 11.13
Equity Dividend (%) 26.67 20 20 22.5 22.5 22.5
Book Value (Rs) 51.93 58.33 67.17 75.22 84.55 69.35
8/8/2019 Rejected Companies
44/140
Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths
BV
157.08 181.31 187.45 Sales
0 0 0 EPS
157.08 181.31 187.45 Cash Flow
0.26 1.66 -2.01 ROIC0 0 0
157.34 182.97 185.44
Equity Growth Rate
0 0 0 Sales Growth
0 0 0 EPS Growth Rate
2.51 2.68 2.05 Cash Flow Growth Rat
0 0 0
3.16 -2.69 5.33
4.1 4.5 4.22
0 0 09.77 4.49 11.6
Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths
147.31 176.82 175.85
147.57 178.48 173.84
80.3 107.2 96.18
67.27 71.28 77.66
20.51 20 24.860 0 0
46.76 51.28 52.8
0.04 -0.23 -0.02
46.8 51.05 52.78
15.8 17.74 17.93
30.96 33.55 27.88
9.78 4.49 11.6
0 0 0
5.13 4.1 4.1
0.87 0.7 0.7
227.91 227.91 227.91
13.58 14.72 12.23
22.5 18 18
80.32 92.83 106.01
8/8/2019 Rejected Companies
45/140
Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
51.93 58.33 67.17 75.22 84.55 69.35 80.32 92.83 106.01
187.25 134.13 111.09 104.25 108.44 123.67 157.08 181.31 187.45
7.84 8.38 9.53 10.58 11.89 11.13 13.58 14.72 12.23
0 0 0 0 0 0 0 0 0
660.42% 803.07% 771.79% 688.97% 662.72% 677.70% 631.68% 696.55% 753.92%
8 yr 5 yr 3 yr 1 yr
9% 7% 15% 14%
0% 12% 15% 3%
6% 3% 3% -17%
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
8/8/2019 Rejected Companies
46/140
Fedders Lloyd
Jun '00 Jun '01 Jun '02 Jun '03 Jun '04 Jun '05
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 160.3 144.01 155.22 177.99 208.77 240.59
Excise Duty 12.5 8.01 5.18 4.75 3.32 1.84
Net Sales 147.8 136 150.04 173.24 205.45 238.75
Other Income 1.5 0.52 0.37 0.39 0.43 0.13Stock Adjustments 2.41 1.38 1.38 1.33 1.91 1.64
Total Income 151.71 137.9 151.79 174.96 207.79 240.52
Expenditure
Raw Materials 131.71 121.96 134.73 159.16 192.12 220.57
Power & Fuel Cost 0.74 0.48 0.49 0.36 0.42 0.32
Employee Cost 4.34 3.07 4.01 3.69 3.1 3.32
Other Manufacturing Expens 0 0.01 0 0 0 0
Selling and Admin Expenses 2.5 2.23 2.21 1.66 1.4 1.06
Miscellaneous Expenses 1.36 1.37 1.33 0.83 0.76 0.62
Preoperative Exp Capitalised 0 0 0 0 0 0 Total Expenses 140.65 129.12 142.77 165.7 197.8 225.89
Jun '00 Jun '01 Jun '02 Jun '03 Jun '04 Jun '05
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 9.56 8.26 8.65 8.87 9.56 14.5
PBDIT 11.06 8.78 9.02 9.26 9.99 14.63
Interest 4.45 4.4 4.21 4.13 3.8 3.88
PBDT 6.61 4.38 4.81 5.13 6.19 10.75
Depreciation 2.44 2.26 2.05 1.92 2.14 1.92Other Written Off 0.11 0.11 0.11 0.11 0.11 0.01
Profit Before Tax 4.06 2.01 2.65 3.1 3.94 8.82
Extra-ordinary items 0 0 0 0 0 0
PBT (Post Extra-ord Items) 4.06 2.01 2.65 3.1 3.94 8.82
Tax 0.6 0.25 0.38 0.1 0.52 0.82
Reported Net Profit 4.06 1.76 2.65 2.98 3.41 8
Total Value Addition 8.93 7.16 8.04 6.56 5.68 5.31
Preference Dividend 0 0 0 0 0 0
Equity Dividend 0 0 0 0 0 0
Corporate Dividend Tax 0 0 0 0 0 0
Per share data (annualised)
Shares in issue (lakhs) 207.7 207.7 207.7 207.7 207.7 207.7
Earning Per Share (Rs) 1.96 0.85 1.27 1.43 1.64 3.85
Equity Dividend (%) 0 0 0 0 0 0
Book Value (Rs) 22.46 23.3 22.61 25.44 27.08 30.93
Closing Cash & Cash Equivalents
NOPAT(~PAT) 4.06 1.76 2.65 2.98 3.41 8
Total Debt 24.52 27.78 30.57 36.28 35.04 28.25
8/8/2019 Rejected Companies
47/140
Total Equity 61.07 62.34 60.46 65.94 69 79.68
Tc 0.15 0.12 0.14 0.03 0.13 0.09
NOPAT 8.15 7.23 7.41 8.58 8.3 13.15
8/8/2019 Rejected Companies
48/140
Jun '06 Jun '07 Jun '08 Jun '09
12 mths 12 mths 12 mths 12 mths
BV
279.87 350.03 451.92 468.68 Sales
1.55 1.68 5.91 8.46 EPS
278.32 348.35 446.01 460.22 Cash Flow
0.11 0.11 0.76 0.64 ROIC5.62 17.35 6.78 1.9
284.05 365.81 453.55 462.76
Equity Growth Rate
259.35 326.98 399.64 410.95 Sales Growth
0.43 0.67 0.68 0.76 EPS Growth Rate
2.88 4.12 9.47 12.79 Cash Flow Growth Rat
0 0 0.01 0
1.92 3.41 11.25 6.63
0.76 0.8 0.81 1.15
0 0 0 0265.34 335.98 421.86 432.28
Jun '06 Jun '07 Jun '08 Jun '09
12 mths 12 mths 12 mths 12 mths
18.6 29.72 30.93 29.84
18.71 29.83 31.69 30.48
3.8 6.41 6.78 11.9
14.91 23.42 24.91 18.58
1.67 2.41 3.93 4.190.01 0 0.35 0.35
13.23 21.01 20.63 14.04
0 -0.91 0 0
13.23 20.1 20.63 14.04
1.08 2.78 1.37 2.72
12.16 18.25 19.26 11.32
5.98 8.99 22.22 21.33
0 0 0 0
3.12 3.08 0 3.08
0.44 0.52 0 0.52
207.7 307.7 307.7 307.7
5.86 5.93 6.26 3.68
15 10 0 10
35.08 37.89 44.15 46.66
12.16 18.25 19.26 11.32
61.92 69.4 74.89 116.43
8/8/2019 Rejected Companies
49/140
87.99 128.48 147.51 155.01
0.08 0.14 0.07 0.19
17.08 25.61 28.88 24.06
8/8/2019 Rejected Companies
50/140
Jun '00 Jun '01 Jun '02 Jun '03 Jun '04 Jun '05 Jun '06 Jun '07 Jun '08
22.46 23.3 22.61 25.44 27.08 30.93 35.08 37.89 44.15
147.80 136.00 150.04 173.24 205.45 238.75 278.32 348.35 446.01
1.96 0.85 1.27 1.43 1.64 3.85 5.86 5.93 6.26
0 0 0 0 0 0 0 0 0
9.52% 8.03% 8.14% 8.40% 7.98% 12.19% 11.39% 12.94% 12.98%
9 yr 5 yr 3 yr 1 yr
8% 11% 10% 6%
13% 18% 18% 3%
7% 18% -14% -41%
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
8/8/2019 Rejected Companies
51/140
8/8/2019 Rejected Companies
52/140
Jun '09
46.66
460.22
3.68
0
8.86%
8/8/2019 Rejected Companies
53/140
8/8/2019 Rejected Companies
54/140
India Hume Pipe
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 237.43 345.77 392.26 593.09 596.06
Excise Duty 16.67 23.1 28.34 40.75 35.63
Net Sales 220.76 322.67 363.92 552.34 560.43
Other Income 3.4 5.43 1.43 3.32 1.94Stock Adjustments 21.88 22.22 65.84 77.84 86.08
Total Income 246.04 350.32 431.19 633.5 648.45
Expenditure
Raw Materials 74.72 108.81 119.53 205.23 144.74
Power & Fuel Cost 2.23 2.62 2.33 3.05 3.29
Employee Cost 17.45 20.01 23.06 29.41 33.62
Other Manufacturing Expens 107.68 174.39 235.97 319.76 367.86
Selling and Admin Expenses 20.56 11.36 13.35 14.9 16.85
Miscellaneous Expenses 0.65 0.47 0.88 2.43 2.52
Preoperative Exp Capitalised 0 0 0 0 0 Total Expenses 223.29 317.66 395.12 574.78 568.88
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 19.35 27.23 34.64 55.4 77.63
PBDIT 22.75 32.66 36.07 58.72 79.57
Interest 5.35 8.4 10.33 21.09 23.11
PBDT 17.4 24.26 25.74 37.63 56.46
Depreciation 3.19 3.86 4.06 4.91 6.72Other Written Off 0 0 0 0 0
Profit Before Tax 14.21 20.4 21.68 32.72 49.74
Extra-ordinary items 0.81 3.39 1.01 4.71 -3.2
PBT (Post Extra-ord Items) 15.02 23.79 22.69 37.43 46.54
Tax 5.3 7.07 7.68 12.09 17.98
Reported Net Profit 9.72 13.17 14.89 21.32 28.57
Total Value Addition 148.57 208.85 275.59 369.56 424.14
Preference Dividend 0 0 0 0 0
Equity Dividend 2.18 2.91 3.39 4.12 4.84
Corporate Dividend Tax 0.31 0.49 0.58 0.7 0.82
Per share data (annualised)
Shares in issue (lakhs) 48.45 48.45 48.45 48.45 48.45
Earning Per Share (Rs) 20.07 27.19 30.73 44.01 58.98
Equity Dividend (%) 45 60 70 85 100
Book Value (Rs) 247.82 275.29 298.1 340.4 387.68
8/8/2019 Rejected Companies
55/140
Mar '06 Mar '07
BV 247.82 275.29
Sales 220.76 322.67
EPS 20.07 27.19
Cash Flow 0 0
ROIC #DIV/0! #DIV/0!
4 yr 3 yr
Equity Growth Rate 12% 12%
Sales Growth 26% 20%
EPS Growth Rate 31% 29%
Cash Flow Growth Rat #DIV/0! #DIV/0!
8/8/2019 Rejected Companies
56/140
Mar '08 Mar '09 Mar '10
298.1 340.4 387.68
363.92 552.34 560.43
30.73 44.01 58.98
0 0 0
#DIV/0! #DIV/0! #DIV/0!
1 yr
14%
1%
34%
#DIV/0!
8/8/2019 Rejected Companies
57/140
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 100.53 155.48 213.31 299.06 492.79 629.61
Excise Duty 0 0 0.88 2.6 2.1 4.09
Net Sales 100.53 155.48 212.43 296.46 490.69 625.52
Other Income 0.76 0.76 1.44 1.16 0.47 1.41Stock Adjustments 4.92 4.77 13.47 25.47 4.41 -33.61
Total Income 106.21 161.01 227.34 323.09 495.57 593.32
Expenditure
Raw Materials 91.35 145.32 209.43 300.45 470.47 529.26
Power & Fuel Cost 2.7 1.67 1.41 2.28 2.51 7.12
Employee Cost 1.04 1.12 0.91 1.28 1.68 2.55
Other Manufacturing Expens 1.73 0.05 0.15 0.18 0.28 1.22
Selling and Admin Expenses 0 1.34 1.64 1.6 2.6 3.52
Miscellaneous Expenses 2.67 0.35 0.65 0.55 0.68 0.95
Preoperative Exp Capitalised 0 0 0 0 0 0 Total Expenses 99.49 149.85 214.19 306.34 478.22 544.62
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 5.96 10.4 11.71 15.59 16.88 47.29
PBDIT 6.72 11.16 13.15 16.75 17.35 48.7
Interest 3.97 6.29 6.47 9.13 8.02 9.78
PBDT 2.75 4.87 6.68 7.62 9.33 38.92
Depreciation 1.08 2.44 2.64 3.08 3.24 3.06Other Written Off 0 0.13 0.05 0.05 0 0.18
Profit Before Tax 1.67 2.3 3.99 4.49 6.09 35.68
Extra-ordinary items 0 -2.63 0.09 0.03 0 0
PBT (Post Extra-ord Items) 1.67 -0.33 4.08 4.52 6.09 35.68
Tax 0.13 1.01 1.47 1.66 2.14 12.24
Reported Net Profit 1.54 1.23 2.52 2.82 3.94 23.44
Total Value Addition 8.14 4.53 4.76 5.89 7.75 15.37
Preference Dividend 0 0 0 0 0 0
Equity Dividend 0.39 0.68 0.74 1.05 1.05 1.55
Corporate Dividend Tax 0.04 0 0.1 0.13 0.13 0.2
Per share data (annualised)
Shares in issue (lakhs) 55 105 105 105 105 155
Earning Per Share (Rs) 2.8 1.18 2.4 2.68 3.75 15.12
Equity Dividend (%) 7 6.49 7 10 10 10
Book Value (Rs) 26.89 21.68 23.38 24.96 27.58 52.06
Closing Cash & Cash Equivalents 3.43 5.63 8.01 22.3 7.91
NOPAT(~PAT) 1.54 1.23 2.52 2.82 3.94 23.44
Total Debt 30.15 58.79 80.02 82.94 126.38 204.98
8/8/2019 Rejected Companies
58/140
Total Equity 32.51 38.92 39.03 38.6 40.7 91.77
Tc 8% -306% 36% 37% 35% 34%
NOPAT 5.5 42.23 7.49 9.86 10.95 31.07
8/8/2019 Rejected Companies
59/140
Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths
BV
786.16 813.8 905.12 961.86 Sales
10.9 13.85 33.98 16.84 EPS
775.26 799.95 871.14 945.02 Cash Flow
1.97 2.57 2.43 88.85 ROIC42.88 -0.02 -50.76 25.47
820.11 802.5 822.81 1059.34
Equity Growth Rate
725.78 696.68 706.29 889.53 Sales Growth
9.86 10.64 4.64 19.03 EPS Growth Rate
3.97 4.74 6.82 16.12 Cash Flow Growth Rat
0.4 1.89 2.78 1.41
4.41 3.95 3.28 9.98
1.12 1.28 1.28 2.31 low ROIC and -ve EPS
0 0 0 0745.54 719.18 725.09 938.38
Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths
72.6 80.75 95.29 32.11
74.57 83.32 97.72 120.96
20.78 26.12 35.28 57.51
53.79 57.2 62.44 63.45
6.85 7.39 12.29 22.040.18 0.18 0.18 0.97
46.76 49.63 49.97 40.44
0 0 0 0
46.76 49.63 49.97 40.44
16 17.2 17.47 5.72
30.75 32.42 32.5 34.71
19.76 22.51 18.8 48.85
0 0 0 0
1.88 2.57 3.02 4.07
0.27 0.44 0.51 0.69
171.5 171.5 201.5 271.5
17.93 18.91 16.13 12.79
12 15 15 15
78.16 96.21 118.59 176.39
26.8 68.59 46.53 26.47
30.75 32.42 32.5 34.71
234.82 518.37 728.77 715.24
8/8/2019 Rejected Companies
60/140
156.38 207.67 269.06 525.49
34% 35% 35% 14%
47.76 52.76 61.98 27.57
8/8/2019 Rejected Companies
61/140
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09
26.89 21.68 23.38 24.96 27.58 52.06 78.16 96.21 118.59
100.53 155.48 212.43 296.46 490.69 625.52 775.26 799.95 871.14
2.8 1.18 2.4 2.68 3.75 15.12 17.93 18.91 16.13
30.15 58.79 80.02 82.94 126.38 204.98 234.82 518.37 728.77
8.77% 43.22% 6.29% 8.12% 6.55% 10.47% 12.21% 7.27% 6.21%
9 yr 5 yr 3 yr 1 yr
23% 45% 31% 49%
28% 14% 7% 8%
18% 28% -11% -21%
42% 41% 45% -2%
growth rates
8/8/2019 Rejected Companies
62/140
8/8/2019 Rejected Companies
63/140
Mar '10
176.39
945.02
12.79
715.24
2.22%
8/8/2019 Rejected Companies
64/140
8/8/2019 Rejected Companies
65/140
Neuland
Mar '00 Mar '01 Mar '02 Mar '03 Mar '04 Mar '05
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 77.66 87.36 101.03 99.3 147.06 158.42
Excise Duty 4.5 6.09 5.51 5.39 6.78 5.41
Net Sales 73.16 81.27 95.52 93.91 140.28 153.01
Other Income 0.3 -0.63 1.61 1.48 -9.27 1.73Stock Adjustments 0.51 1.92 1.63 1.21 1.11 -1.28
Total Income 73.97 82.56 98.76 96.6 132.12 153.46
Expenditure
Raw Materials 41.46 49.07 57.41 57.93 83 93
Power & Fuel Cost 4.4 4.91 5.53 5.83 4.69 4.51
Employee Cost 4.55 4.93 5.47 5.99 7.94 7.76
Other Manufacturing Expens 2.11 3.14 3.9 4.06 6.35 7.2
Selling and Admin Expenses 6.65 6.69 8.95 9.68 13.73 17.57
Miscellaneous Expenses 1.28 1.44 1.71 1.32 1.7 1.65
Preoperative Exp Capitalised 0 0 0 0 0 0 Total Expenses 60.45 70.18 82.97 84.81 117.41 131.69
Mar '00 Mar '01 Mar '02 Mar '03 Mar '04 Mar '05
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 13.22 13.01 14.18 10.31 23.98 20.04
PBDIT 13.52 12.38 15.79 11.79 14.71 21.77
Interest 7.06 6.43 6.76 6.41 6.96 6.97
PBDT 6.46 5.95 9.03 5.38 7.75 14.8
Depreciation 2.26 2.55 3.1 3.41 5.15 5.85Other Written Off 0.94 1.23 1.57 1.51 1.47 1.26
Profit Before Tax 3.26 2.17 4.36 0.46 1.13 7.69
Extra-ordinary items -7.39 0 0 0 0 0
PBT (Post Extra-ord Items) -4.13 2.17 4.36 0.46 1.13 7.69
Tax 0.25 0.17 0.9 0.12 3.65 2.81
Reported Net Profit 2.9 2.02 3.47 0.33 -2.51 4.89
Total Value Addition 19 21.11 25.56 26.89 34.41 38.68
Preference Dividend 0.53 0.48 0.32 0.33 0 0
Equity Dividend 0.75 0.91 0.99 0.62 0 0.65
Corporate Dividend Tax 0 0 0 0 0 0.09
Per share data (annualised)
Shares in issue (lakhs) 55 55 55 55 55 55
Earning Per Share (Rs) 4.31 2.79 5.73 0.01 -4.57 8.89
Equity Dividend (%) 15 15 18 10 0 12
Book Value (Rs) 79.85 81.2 79 78.02 73.57 81.56
NOPAT 2.9 2.02 3.47 0.33 -2.51 4.89
Total Debt 42.72 48.05 45.65 47.1 36.19 41.02
8/8/2019 Rejected Companies
66/140
Total Equity 51.97 51.38 49.84 46.96 44.08 47.69
8/8/2019 Rejected Companies
67/140
Mar '06 Mar '07 Mar '08 Mar '09
12 mths 12 mths 12 mths 12 mths
BV
170.29 213.25 224.89 312.03 Sales
7.22 10.89 7.22 5.29 EPS
163.07 202.36 217.67 306.74 Cash Flow
0.79 3.97 5.34 10.54 ROIC-0.34 5.56 2.8 13.86
163.52 211.89 225.81 331.14
Equity Growth Rate
102.89 138.79 144.56 210.29 Sales Growth
4.05 5.49 7 10.81 EPS Growth Rate
9.62 12.65 15.43 22.43 Cash Flow Growth Rat
5.09 7.23 4.41 6.64
18.3 22.15 25.26 41.18 Low ROIC
1.94 2.43 2.93 3.64
0 0 0 0141.89 188.74 199.59 294.99
Mar '06 Mar '07 Mar '08 Mar '09
12 mths 12 mths 12 mths 12 mths
20.84 19.18 20.88 25.61
21.63 23.15 26.22 36.15
6.02 7.54 9.93 14.36
15.61 15.61 16.29 21.79
6.03 5.32 5.49 7.370.88 0.31 0.15 0
8.7 9.98 10.65 14.42
0 0 0 0.14
8.7 9.98 10.65 14.56
2.46 0.95 -0.69 2.76
6.24 9.04 11.35 11.65
39.01 49.96 55.02 84.69
0 0 0 0
1.09 1.37 1.35 1.89
0.15 0.19 0.23 0.32
53.96 53.96 53.96 53.96
11.56 16.75 21.04 21.59
20 25 25 35
93.75 107.61 124.49 136.95
6.24 9.04 11.35 11.65
41.17 77.98 134.09 200.32
8/8/2019 Rejected Companies
68/140
52.31 59.68 68.68 75.29
8/8/2019 Rejected Companies
69/140
Mar '00 Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 Mar '08
79.85 81.2 79 78.02 73.57 81.56 93.75 107.61 124.49
73.16 81.27 95.52 93.91 140.28 153.01 163.07 202.36 217.67
4.31 2.79 5.73 0.01 -4.57 8.89 11.56 16.75 21.04
0 0 0 0 0 0 0 0 0
3.06% 2.03% 3.63% 0.35% -3.13% 5.51% 6.68% 6.57% 5.60%
9 yr 5 yr 3 yr 1 yr
6% 13% 13% 10%
17% 17% 23% 41%
20% #VALUE! 23% 3%
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
8/8/2019 Rejected Companies
70/140
8/8/2019 Rejected Companies
71/140
Mar '09
136.95
306.74
21.59
0
4.23%
8/8/2019 Rejected Companies
72/140
8/8/2019 Rejected Companies
73/140
Sumeet Industries
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05
12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 32.74 38.93 37.57 38.45 39.96
Excise Duty 3.64 3.57 3.97 3.4 4.46
Net Sales 29.1 35.36 33.6 35.05 35.5
Other Income 0.89 0.52 0.17 0.56 0.07Stock Adjustments -0.22 1.46 -0.32 -0.75 0.11
Total Income 29.77 37.34 33.45 34.86 35.68
Expenditure
Raw Materials 18.29 25.93 23.28 24.63 25.69
Power & Fuel Cost 3.47 3.6 3.26 3.61 2.38
Employee Cost 0.81 0.84 0.8 0.74 0.75
Other Manufacturing Expenses 0.38 0.26 0.15 0.15 0.31
Selling and Admin Expenses 1.29 1.15 0.76 0.89 1.5
Miscellaneous Expenses 0.37 0.56 0.47 0.57 0.6
Preoperative Exp Capitalised 0 0 0 0 0 Total Expenses 24.61 32.34 28.72 30.59 31.23
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05
12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 4.27 4.48 4.56 3.71 4.38
PBDIT 5.16 5 4.73 4.27 4.45
Interest 1.56 1.55 1.12 0.71 0.66
PBDT 3.6 3.45 3.61 3.56 3.79
Depreciation 3.07 2.89 2.54 2.41 2.36Other Written Off 0 0 0 0 0
Profit Before Tax 0.53 0.56 1.07 1.15 1.43
Extra-ordinary items -0.02 0 -0.03 -0.01 -0.01
PBT (Post Extra-ord Items) 0.51 0.56 1.04 1.14 1.42
Tax 0.03 0.12 0.34 0.32 0.53
Reported Net Profit 0.51 0.44 0.72 0.82 0.9
Total Value Addition 6.32 6.4 5.43 5.95 5.54
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
116 116 116 116 116
0.44 0.38 0.62 0.7 0.78
0 0 0 0 0
Book Value (Rs) 16.69 15.97 16.57 17.27 18.04
NOPAT 0.51 0.44 0.72 0.82 0.9
Total Debt 13.18 11.12 9.14 13.9 33.61
Preference Dividend
Equity Dividend
Corporate Dividend Tax
Per share data (annualised)
Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
8/8/2019 Rejected Companies
74/140
Total Equity 19.36 18.52 19.22 20.03 25.92
Tc 6% 21% 33% 28% 37%
NOPAT 4.02 3.52 3.07 2.67 2.75
8/8/2019 Rejected Companies
75/140
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths 12 mths
93.82 121.65 139 166.24 376.04
11.63 9.02 9.47 7.63 0
82.19 112.63 129.53 158.61 376.04
0.63 1.1 -0.35 -1.84 0.743.56 6.54 0.33 8.24 8.79
86.38 120.27 129.51 165.01 385.57
69.22 94.65 101.15 133.92 335.68
4.07 5.71 6.91 6.42 9.92
0.62 0.8 1.06 1.14 2.67
2.08 0.13 0.18 0.23 0.63
2.75 5.78 5.94 7.59 0
0.66 1.03 1.02 1.15 5.66
0 0 0 0 079.4 108.1 116.26 150.45 354.56
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths 12 mths
6.35 11.07 13.6 16.4 30.27
6.98 12.17 13.25 14.56 31.01
2.18 3.61 4.09 4.88 7.79
4.8 8.56 9.16 9.68 23.22
3.47 3.61 3.87 3.26 6.430 0 0.05 0.07 0
1.33 4.95 5.24 6.35 16.79
0 -0.01 0.03 -0.05 -0.22
1.33 4.94 5.27 6.3 16.57
0.48 1.57 1.56 2.52 5.72
0.85 3.36 3.67 3.8 10.85
10.18 13.46 15.12 16.53 18.89
0 0.35 0 0 0
0 1.98 0 0 4.71
0 0 0 0 0
173.99 173.99 201.23 399.95 399.95
0.49 1.73 1.82 0.95 2.71
0 10 0 0 10
12.51 13.1 14.53 15.48 17.01
0.85 3.36 3.67 3.8 10.85
38.63 43.65 47.22 140.21 246.67
8/8/2019 Rejected Companies
76/140
26.77 28.54 36.81 61.92 80.55
36% 32% 30% 40% 35%
4.06 7.55 9.57 9.84 19.82
8/8/2019 Rejected Companies
77/140
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
BV 16.69 15.97 16.57 17.27 18.04 12.51
Sales 29.10 35.36 33.60 35.05 35.50 82.19
EPS 0.44 0.38 0.62 0.7 0.78 0.49
Cash Flow 0 0 0 0 0 0
ROIC 12.35% 11.88% 10.82% 7.87% 4.61% 6.21%
9 yr 5 yr 3 yr 1 yr
Equity Growth Rate 0% -1% 9% 10%
Sales Growth 33% 60% 49% 137%
EPS Growth Rate 22% 28% 16% 185%
Cash Flow Growth Rat #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Low ROIC
8/8/2019 Rejected Companies
78/140
8/8/2019 Rejected Companies
79/140
Mar '07 Mar '08 Mar '09 Mar '10
13.1 14.53 15.48 17.01
112.63 129.53 158.61 376.04
1.73 1.82 0.95 2.71
0 0 0 0
10.46% 11.39% 4.87% 6.06%
8/8/2019 Rejected Companies
80/140
8/8/2019 Rejected Companies
81/140
HUL
Dec '00 Dec '01 Dec '02 Dec '03 Dec '04 Dec '05
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 11431.21 11835.45 11035.2 11203.14 10996.72 12108.86
Excise Duty 788.24 1121.34 976.18 973.73 939.61 914.98
Net Sales 10642.97 10714.11 10059.02 10229.41 10057.11 11193.88
Other Income 248.96 390.11 335.27 297.8 171.12 218.01Stock Adjustments -83.84 -4.63 3.84 120.2 -76.69 -48.12
Total Income 10808.09 11099.59 10398.13 10647.41 10151.54 11363.77
Expenditure
Raw Materials 6388.85 6077.96 5233.15 5438 5413.77 6170.98
Power & Fuel Cost 139.95 152.77 166.41 167.84 164.77 168.74
Employee Cost 614.35 591.71 599.11 578.63 574.84 591.32
Other Manufacturing Expens 142.68 188.3 203.07 197.13 193.84 191.82
Selling and Admin Expenses 1454.46 1642.31 1541 1579.87 1713.73 2010.1
Miscellaneous Expenses 258.62 270.35 295.74 281.98 377.93 429.09
Preoperative Exp Capitalised 0 0 0 0 0 0 Total Expenses 8998.91 8923.4 8038.48 8243.45 8438.88 9562.05
Dec '00 Dec '01 Dec '02 Dec '03 Dec '04 Dec '05
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 1560.22 1786.08 2024.38 2106.16 1541.54 1583.71
PBDIT 1809.18 2176.19 2359.65 2403.96 1712.66 1801.72
Interest 13.15 7.74 9.18 66.76 129.98 19.19
PBDT 1796.03 2168.45 2350.47 2337.2 1582.68 1782.53
Depreciation 130.94 144.66 134.1 124.78 120.9 124.45Other Written Off 0 0 0 0 0 0
Profit Before Tax 1665.09 2023.79 2216.37 2212.42 1461.78 1658.08
Extra-ordinary items 17.23 18.92 33.2 47.69 56.29 44.04
PBT (Post Extra-ord Items) 1682.32 2042.71 2249.57 2260.11 1518.07 1702.12
Tax 355 402.42 479.85 488.3 320.74 294
Reported Net Profit 1310.09 1540.95 1769.74 1771.79 1197.34 1408.1
Total Value Addition 2610.06 2845.44 2805.32 2805.46 3025.11 3391.08
Preference Dividend 0 0 0 0 0 0
Equity Dividend 770.21 1100.62 1210.68 1599.2 1100.62 1100.62
Corporate Dividend Tax 172.15 57.69 -56.13 374.14 145.53 159.62
Per share data (annualised)
Shares in issue (lakhs) 22005.95 22012.44 22012.44 22012.44 22012.44 22012.44
Earning Per Share (Rs) 5.95 7 8.04 8.05 5.44 6.4
Equity Dividend (%) 350 500 550 550 500 500
Book Value (Rs) 11.3 13.82 16.62 9.71 9.5 10.47
8/8/2019 Rejected Companies
82/140
Dec '06 Dec '07 Mar '09 Mar '10
12 mths 12 mths 15 mths 12 mths
BV
13189.7 14937.88 21927.23 18462.34 Sales
945.68 1057.32 1422.95 693.22 EPS
12244.02 13880.56 20504.28 17769.12 Cash Flow
512.6 428.37 276.54 199.73 ROIC129.97 162.06 434.33 19.47
12886.59 14470.99 21215.15 17988.32
Equity Growth Rate
6687.3 7542.78 11380.05 9003.97 Sales Growth
180.79 198.89 301.37 244.34 EPS Growth Rate
642.81 767.81 1152.12 936.3 Cash Flow Growth Rat
187.37 204.1 297.34 254.4
2328.51 2561.12 3857.48 3737.52
541.52 691.49 985.31 814.36
0 0 0 010568.3 11966.19 17973.67 14990.89
Dec '06 Dec '07 Mar '09 Mar '10
12 mths 12 mths 15 mths 12 mths
1805.69 2076.43 2964.94 2797.7
2318.29 2504.8 3241.48 2997.43
10.73 25.5 25.32 6.98
2307.56 2479.3 3216.16 2990.45
130.16 138.36 195.3 184.030 0 0 0
2177.4 2340.94 3020.86 2806.42
-0.21 1.67 48.53 43.97
2177.19 2342.61 3069.39 2850.39
321.8 417.14 572.94 648.36
1855.37 1769.06 2500.71 2202.03
3881 4423.41 6593.62 5986.92
0 0 0 0
1325.48 1976.12 1634.51 1417.94
185.9 355.5 277.79 238.03
22067.76 21774.63 21798.76 21816.87
8.41 8.12 11.47 10.09
600 900 750 650
12.34 6.61 9.45 11.84
8/8/2019 Rejected Companies
83/140
Dec '00 Dec '01 Dec '02 Dec '03 Dec '04 Dec '05 Dec '06 Dec '07 Mar '09
11.3 13.82 16.62 9.71 9.5 10.47 12.34 6.61 9.45
### ### ### ### ### ### ### ### ###
5.95 7 8.04 8.05 5.44 6.4 8.41 8.12 11.47
0 0 0 0 0 0 0 0 0
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
9 yr 5 yr 3 yr 1 yr
1% 5% -1% 25%
6% 12% 12% -15%
6% 13% 6% -12%
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
8/8/2019 Rejected Companies
84/140
Mar '10
11.84
###
10.09
0
#DIV/0!
8/8/2019 Rejected Companies
85/140
SE Investment
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 16.14 22 32.2 48.24 88.17
Excise Duty 0 0 0 0 0
Net Sales 16.14 22 32.2 48.24 88.17
0.07 0 0 0 0Stock Adjustments 0 0 0 0 0
16.21 22 32.2 48.24 88.17
Expenditure
Raw Materials 0 0 0 0 0
Power & Fuel Cost 0 0 0 0 0
0.43 0.68 1.15 2.22 2.83
Other Manufacturing Expens 0 0 0 0 0
Selling and Admin Expenses 3.49 4.72 6.12 7.25 9.36
Miscellaneous Expenses 0.85 0.99 1.26 1.37 2.5
Preoperative Exp Capitalised 0 0 0 0 0 Total Expenses 4.77 6.39 8.53 10.84 14.69
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 11.37 15.61 23.67 37.4 73.48
PBDIT 11.44 15.61 23.67 37.4 73.48
Interest 3.54 5.51 12.29 17.8 37.04
PBDT 7.9 10.1 11.38 19.6 36.44
Depreciation 1.65 1.91 2.22 2.53 4.09Other Written Off 0 0 0 0 0
Profit Before Tax 6.25 8.19 9.16 17.07 32.35
Extra-ordinary items -0.01 0 0 -0.01 -0.01
PBT (Post Extra-ord Items) 6.24 8.19 9.16 17.06 32.34
Tax 2.26 2.81 -1.99 3.27 5.99
Reported Net Profit 3.98 5.37 11.15 13.78 26.34
Total Value Addition 4.78 6.39 8.54 10.85 14.7
0 0 0 0 0.29
0.36 0.36 0.37 0.44 0.61
0 0 0 0 0
Per share data (annualised)
Shares in issue (lakhs) 31.4 31.4 31.4 31.4 101.4
Earning Per Share (Rs) 12.69 17.1 35.5 43.89 25.68
10 10 10 10 10
Book Value (Rs) 66.39 88.18 108.9 222.59 294.15
Closing Cash & Cash Equivalents 5.94 4.19 5.73 21.34 173.14
NOPAT(~PAT) 3.98 5.37 11.15 13.78 26.34
Total Debt 38.44 84.2 121.44 168.62 285.51
Other Income
Total Income
Employee Cost
Preference Dividend
Equity Dividend
Corporate Dividend Tax
Equity Dividend (%)
8/8/2019 Rejected Companies
86/140
Total Equity 20.85 27.69 34.2 72.4 300.77
Tax 36% 34% -22% 19% 19%
NOPAT(=OP*(1-Tc)) 7.25 10.25 28.81 30.23 59.87
8/8/2019 Rejected Companies
87/140
BV
Sales
EPS
Cash Flow
ROIC
Equity Growth Rate
Sales Growth
EPS Growth Rate
Cash Flow Growth Rat
Current EPS
Estimated EPS growthEstimated Future P/E
Estimated Future P/E
Min Acceptable Rate
Future EPS
Future Price per share
Sticker Price
MoS
MoS2
MoS3CMP
8/8/2019 Rejected Companies
88/140
8/8/2019 Rejected Companies
89/140
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
66.39 88.18 108.9 222.59 294.15
16.14 22.00 32.20 48.24 88.17
12.69 17.1 35.5 43.89 25.68
20.85 27.69 34.2 72.4 300.77
12.23% 9.16% 18.51% 12.54% 10.21%
4 yr 3 yr 1 yr
45% 49% 32%
53% 59% 83%
19% 15% -41%
95% 121% 315%
25.68
20 %40 or current P/ 25.82 (from moneycontrol)
25.82
25%
159
4105.48
440.82 1.71
220.41
44.08
14.6949.3
8/8/2019 Rejected Companies
90/140
8/8/2019 Rejected Companies
91/140
SREI Infra
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 125.71 111.35 118.74 115.16 129.56 226.78
Excise Duty 0 0 0 0 0 0
Net Sales 125.71 111.35 118.74 115.16 129.56 226.78
Other Income -0.01 0.7 0.08 0.54 0.36 0.18Stock Adjustments 0 0 0 0 0 0
Total Income 125.7 112.05 118.82 115.7 129.92 226.96
Expenditure
Raw Materials 0 0 0 0 0 0
Power & Fuel Cost 0 0 0 0 0 0
Employee Cost 4.07 4.19 5.37 6.43 9.94 14.71
Other Manufacturing Expens 0 0 0 0 0.15 0.38
Selling and Admin Expenses 7.52 10.17 10.72 13.22 19.22 22.66
Miscellaneous Expenses 1.78 2.13 2.49 2.71 3.25 3.75
Preoperative Exp Capitalised 0 0 0 0 0 0 Total Expenses 13.37 16.49 18.58 22.36 32.56 41.5
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 112.34 94.86 100.16 92.8 97 185.28
PBDIT 112.33 95.56 100.24 93.34 97.36 185.46
Interest 63.37 76.99 77.08 62.96 55.83 106.73
PBDT 48.96 18.57 23.16 30.38 41.53 78.73
Depreciation 35.19 1.16 1.09 1.12 1.18 9.45Other Written Off 0.67 0.67 0.67 0.56 0.55 1.08
Profit Before Tax 13.1 16.74 21.4 28.7 39.8 68.2
Extra-ordinary items -0.19 0 0 0 0 -4.15
PBT (Post Extra-ord Items) 12.91 16.74 21.4 28.7 39.8 64.05
Tax 1.03 3.93 6.79 8.26 11.5 19.95
Reported Net Profit 11.87 12.8 14.61 20.44 28.3 48.42
Total Value Addition 13.37 16.49 18.58 22.36 32.56 41.5
Preference Dividend 0 0 0 0 0 0
Equity Dividend 6.4 6.4 5.33 8 8 17.98
Corporate Dividend Tax 0.65 0 0.68 1.03 1.05 2.52
Per share data (annualised)
Shares in issue (lakhs) 532.95 532.95 532.95 532.95 532.95 1089.43
Earning Per Share (Rs) 2.23 2.4 2.74 3.84 5.31 4.44
Equity Dividend (%) 12 12 10 15 15 16.5
Book Value (Rs) 26.35 23.39 25.01 27.15 30.76 37.68
8/8/2019 Rejected Companies
92/140
Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths
BV
397.99 459.05 322.27 469.97 Sales
0 0 0 0 EPS
397.99 459.05 322.27 469.97 Cash Flow
1.76 4.05 1.95 0.16 ROIC0 0 0 0
399.75 463.1 324.22 470.13
Equity Growth Rate
0 0 0 0 Sales Growth
0 0 0 0 EPS Growth Rate
22.33 25.61 14.38 19.68 Cash Flow Growth Rate
0.53 0.9 0.15 0.2
34.99 40.88 55.3 0
7.46 7.72 2.4 43.2 Current EPS
0 0 0 0 Estimated EPS growth ra65.31 75.11 72.23 63.08 Estimated Future P/E
Mar '07 Mar '08 Mar '09 Mar '10 Estimated Future P/E
Min Acceptable Rate
12 mths 12 mths 12 mths 12 mths
Future EPS
332.68 383.94 250.04 406.89 Future Price per share
334.44 387.99 251.99 407.05 Sticker Price
214.66 302.22 193.93 248.78 MoS
119.78 85.77 58.06 158.27
33.24 36.12 7.69 10.140.8 0.61 0 0
85.74 49.04 50.37 148.13
-1.15 64.23 -0.01 -2.24
84.59 113.27 50.36 145.89
5.34 5.31 0 34.4
79.25 107.96 50.36 111.49
65.31 75.11 72.23 63.08
0 0 0 0
10.89 13.94 11.61 13.94
1.85 2.37 1.97 2.31
1089.44 1161.45 1161.45 1161.45
7.27 9.3 4.34 9.6
10 12 10 12
43.79 55.13 58.29 68.03
8/8/2019 Rejected Companies
93/140
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09
26.35 23.39 25.01 27.15 30.76 37.68 43.79 55.13 58.29
125.71 111.35 118.74 115.16 129.56 226.78 397.99 459.05 322.27
2.23 2.4 2.74 3.84 5.31 4.44 7.27 9.3 4.34
0 0 0 0 0 0 0 0 0
### ### ### ### ### ### ### ### ###
9 yr 5 yr 3 yr 1 yr
11% 17% 16% 17%
16% 29% 6% 46%
18% 13% 10% 121%
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
9.6
16 %32or current P/ 9 (from moneycontrol)
9
15%
42.35
381.15
94.21
47.11
8/8/2019 Rejected Companies
94/140
Mar '10
68.03
469.97
9.6
0
###
8/8/2019 Rejected Companies
95/140
Lloyd Electrical & Engg
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 99.59 117.66 143.51 167.75 247.4 352.54
Excise Duty 4.75 4.49 8.27 8.37 7.76 6.83
Net Sales 94.84 113.17 135.24 159.38 239.64 345.71
Other Income 0.25 0.22 0.36 0.32 0.48 2.5Stock Adjustments -0.02 0.41 1.22 -1.89 3 -0.65
Total Income 95.07 113.8 136.82 157.81 243.12 347.56
Expenditure
78.55 96.08 119.07 139.01 214.04 296.35
Power & Fuel Cost 0.54 0.52 0.7 0.76 1.13 1.15
1.14 1.29 1.33 1.5 1.94 2.58
Other Manufacturing Expens 0.13 0.22 0.32 0.2 0.55 0.68
Selling and Admin Expenses 1.32 1.3 1.61 1.83 2.19 2.44
Miscellaneous Expenses 0.5 0.48 0.38 0.52 0.57 0.87
Preoperative Exp Capitalised 0 0 0 0 0 0 Total Expenses 82.18 99.89 123.41 143.82 220.42 304.07
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 12.64 13.69 13.05 13.67 22.22 40.99
PBDIT 12.89 13.91 13.41 13.99 22.7 43.49
Interest 6.31 6.74 5.4 4.64 4.82 5.44
PBDT 6.58 7.17 8.01 9.35 17.88 38.05
Depreciation 3.06 3.73 3.96 4.32 4.69 5.88Other Written Off 0.26 0.26 0.26 0.25 0.16 0.16
Profit Before Tax 3.26 3.18 3.79 4.78 13.03 32.01
Extra-ordinary items 0 0 -2.24 0 0 0
PBT (Post Extra-ord Items) 3.26 3.18 1.55 4.78 13.03 32.01
Tax 0.28 0.3 0.86 1.08 1.94 3.7
Reported Net Profit 2.97 2.87 2.94 3.68 11.09 28.12
Total Value Addition 3.63 3.81 4.34 4.82 6.38 7.72
0 0 0 0 0 0
0 0 0 0 0 5.4
0 0 0 0 0 0.76
Per share data (annualised)
Shares in issue (lakhs) 178.13 178.13 178.13 178.13 178.13 270.13
Earning Per Share (Rs) 1.67 1.61 1.65 2.06 6.23 10.41
0 0 0 0 0 20
Book Value (Rs) 26.94 28.56 28.95 31.01 37.24 80.84
Raw Materials
Employee Cost
Preference Dividend
Equity Dividend
CorporateDividend Tax
Equity Dividend (%)
8/8/2019 Rejected Companies
96/140
Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths
BV
497.35 672.19 590.59 683.27 Sales
6.48 7.15 5.27 6.76 EPS
490.87 665.04 585.32 676.51 Cash Flow
3.46 -4.4 -3.11 3.01 ROIC2.14 -0.24 1.68 0
496.47 660.4 583.89 679.52
Equity Growth Rate
419.96 563.68 519.7 587.36 Sales Growth
1.22 1.36 1.4 1.66 EPS Growth Rate
3.6 5.77 6.34 5.79 Cash Flow Growth Rate
0.93 0.87 0.96 3.99
3.69 4.52 3.97 0
0.84 1.23 1.44 7.6 Current EPS
0 0 0 0 Estimated EPS growth ra430.24 577.43 533.81 606.4 Estimated Future P/E
Mar '07 Mar '08 Mar '09 Mar '10 Estimated Future P/E
Min Acceptable Rate
12 mths 12 mths 12 mths 12 mths
Future EPS
62.77 87.37 53.19 70.11 Future Price per share
66.23 82.97 50.08 73.12 Sticker Price
6.77 11.41 14.47 15.84 MoS
59.46 71.56 35.61 57.28
8.49 9.23 10.85 12.010.15 0.15 0 0
50.82 62.18 24.76 45.27
0 -12.6 0 0
50.82 49.58 24.76 45.27
7.86 9.46 4.4 10.9
42.96 52.72 20.37 34.38
10.29 13.75 14.1 19.05
0 0 0 0
6.2 3.1 0 3.1
1.05 0.53 0 0.51
310 310 310 310
13.86 17.01 6.57 11.09
20 10 0 10
96.48 109.49 119.7 129.73
8/8/2019 Rejected Companies
97/140
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09
26.94 28.56 28.95 31.01 37.24 80.84 96.48 109.49 119.7
94.84 113.17 135.24 159.38 239.64 345.71 490.87 665.04 585.32
1.67 1.61 1.65 2.06 6.23 10.41 13.86 17.01 6.57
0 0 0 0 0 0 0 0 0
### ### ### ### ### 888.29% 915.53% ### ###
9 yr 5 yr 3 yr 1 yr
19% 28% 10% 8%
24% 23% 11% 16%
23% 12% -7% 69%
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
11.09
20 %40or current P/ 5.4(from moneycontrol)
5.4
15%
68.67
370.8
91.66
45.83
8/8/2019 Rejected Companies
98/140
Mar '10
129.73
676.51
11.09
0
###
8/8/2019 Rejected Companies
99/140
Nippo Batteries
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 249.35 284.03 319.57 288.99 297.57 317.78
Excise Duty 37.92 42.78 48.24 43.37 48.98 52.73
Net Sales 211.43 241.25 271.33 245.62 248.59 265.05
Other Income 2.61 2.74 5.06 5.64 5.33 6.3Stock Adjustments -3.93 -1.26 1.4 -0.38 1.11 3.1
Total Income 210.11 242.73 277.79 250.88 255.03 274.45
Expenditure
Raw Materials 143.01 142.43 157.26 144.23 169.11 193.07
Power & Fuel Cost 3.04 3.02 3.21 2.91 3.13 2.95
Employee Cost 12.58 13.01 15.61 15.32 14.9 16.44
Other Manufacturing Expens 3.14 3.3 5.09 4.92 9.63 0.24
Selling and Admin Expenses 25.24 47.15 57.84 50.88 34.61 37.81
Miscellaneous Expenses 1.23 1.03 1.09 1.15 1.16 1.31
Preoperative Exp Capitalised 0 0 0 0 0 0 Total Expenses 188.24 209.94 240.1 219.41 232.54 251.82
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Operating Profit 19.26 30.05 32.63 25.83 17.16 16.33
PBDIT 21.87 32.79 37.69 31.47 22.49 22.63
Interest 0.22 0.24 0.14 0.09 0 0
PBDT 21.65 32.55 37.55 31.38 22.49 22.63
Depreciation 7.22 7.24 7.43 6.99 7.45 7.39Other Written Off 0 0 0.8 2.16 0 0
Profit Before Tax 14.43 25.31 29.32 22.23 15.04 15.24
Extra-ordinary items 0.03 0.12 0.08 4.36 -0.01 0.23
PBT (Post Extra-ord Items) 14.46 25.43 29.4 26.59 15.03 15.47
Tax 5.5 8.5 10.87 7.77 4.5 5.22
Reported Net Profit 8.96 16.76 18.52 18.81 10.51 10.25
Total Value Addition 45.22 67.51 82.84 75.18 63.43 58.75
Preference Dividend 0 0 0 0 0 0
Equity Dividend 3.75 5.25 7.5 7.5 7.5 7.5
Corporate Dividend Tax 0.38 0 0.96 0.96 1.05 1.05
Per share data (annualised)
Shares in issue (lakhs) 37.5 37.5 37.5 37.5 37.5 37.5
Earning Per Share (Rs) 23.9 44.69 49.4 50.16 28.04 27.33
Equity Dividend (%) 100 140 200 200 200 200
Book Value (Rs) 217.97 235.45 262.28 289.88 295.11 299.64
8/8/2019 Rejected Companies
100/140
Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths
BV
339.19 316.92 307.51 337.52 Sales
55.95 56.26 42.45 26.66 EPS
283.24 260.66 265.06 310.86 Cash Flow
5.67 7.23 8 8.47 ROIC-0.97 -2.41 5.56 4.47
287.94 265.48 278.62 323.8
Equity Growth Rate
222.07 189.14 199.17 238.8 Sales Growth
2.66 2.63 2.6 2.55 EPS Growth Rate
15.84 16.89 18.47 19.85 Cash Flow Growth Rate
0.21 0.2 0.14 0.17
29.91 25.34 26.28 4.92
1.33 1.41 1.7 26.66 Current EPS
0 0 0 0 Estimated EPS growth ra272.02 235.61 248.36 292.95 Estimated Future P/E
Mar '07 Mar '08 Mar '09 Mar '10 Estimated Future P/E
Min Acceptable Rate
12 mths 12 mths 12 mths 12 mths
Future EPS
10.25 22.64 22.26 22.38 Future Price per share
15.92 29.87 30.26 30.85 Sticker Price
0 0 0 0 MoS
15.92 29.87 30.26 30.85
6.66 5.21 5.63 5.830 0 0 0
9.26 24.66 24.63 25.02
0.02 -0.07 -0.11 0.02
9.28 24.59 24.52 25.04
3.27 8.58 8.5 8.52
6.02 16.08 16.03 16.52
49.95 46.47 49.18 54.14
0 0 0 0
4.69 7.5 7.5 7.5
0.8 1.27 1.27 1.27
37.5 37.5 37.5 37.5
16.05 42.87 42.76 44.06
125 200 200 200
301.06 320.35 339.71 360.37
8/8/2019 Rejected Companies
101/140
Mar '01 Mar '02 Mar '03 Mar '04 Mar '05 Mar '06 Mar '07 Mar '08 Mar '09
217.97 235.45 262.28 289.88 295.11 299.64 301.06 320.35 339.71
211.43 241.25 271.33 245.62 248.59 265.05 283.24 260.66 265.06
23.9 44.69 49.4 50.16 28.04 27.33 16.05 42.87 42.76
0 0 0 0 0 0 0 0 0
30.27% 20.30% 15.04% 14.99% 16.44% 16.50% 26.59% 15.44% 15.45%
9 yr 5 yr 3 yr 1 yr
6% 4% 6% 6%
4% 5% 3% 17%
7% 9% 40% 3%
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
44.06
5 %10 or current P/ 10.97 (from moneycontrol)
10
15%
71.77
717.69
177.4
88.7
8/8/2019 Rejected Companies
102/140
Mar '10
360.37
310.86
44.06
0
15.37%
8/8/2019 Rejected Companies
103/140
Mar '00 Mar '01 Mar '02 Mar '03 Mar '04 Mar '05
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
Income
Sales Turnover 745.98 755.82 679.97 667.43 631.84 681.55
Excise Duty 431.59 431.27 397.76 387.34 344.87 373.64
Net Sales 314.39 324.55 282.21 280.09 286.97 307.91
Other Income 2.87 -20.35 -0.2 6.23 -0.97 8.85Stock Adjustments 5.68 -16.02 -4.42 1.52 0.05 0.54
Total Income 322.94 288.18 277.59 287.84 286.05 317.3
Expenditure
Raw Materials 188.1 133.99 111.04 112.11 120.45 127.93
Power & Fuel Cost 3.19 3 2.78 2.84 2.38 2.48
Employee Cost 32.73 40.63 36.16 40.81 39.46 39.11
Other Manufacturing Expens 4.45 15.57 2.07 1.59 0.73 0.59
Selling and Admin Expenses 33.93 36.34 42.36 42.19 37.27 40.39
Miscellaneous Expenses 16.7 10.86 10.21 10.18 9.8 9.71
Preoperative Exp Capitalised 0 0 0 0 0 0 Total Expenses 279.1 240.39 204.62 209.72 210.09 220.21
Mar '