Pricol - result മോശമായി എന്നു തോന്നുന്നു...8.5% താഴ്ന്നു.
Food inflation - കുറഞ്ഞപ്പോഴേയ്ക്കും ‘ഭക്ഷണ‘ കമ്പനികളും താഴ്ന്നു തുടങ്ങി.. ഇന്നലെ KRBL 5% ത്തോളം താഴ്ന്നിരുന്നു. LT foods, Venkey's, Kohinoor Food തുടങ്ങി എല്ലാവയ്ക്കും ഒരു തളർച്ച.
investment ഒരു ചെറിയ കമ്പനി - TT Ltd
Market Cap (Rs Cr.): 90
EPS - TTM (Rs) : 8.20
P/E Ratio (x) : 5.12
P/E Ratio (x) : 5.12
Face Value (Rs) : 10.00
Latest Div. (%) : 6.00
Div. Yield (%) : N.A.
Book Value / sh. (Rs) :32.93
P/B Ratio (x) :126.65
FINANCIAL RESULT 2009-2010 2008-2009
(Rs. In lakh) (Rs. In lakh)
Sales 35360.33 24410.65
Profit before interest, Depreciation, and Tax 3467.72 (-)1060.16
Financial Charges 1908.97 1786.77
Depreciation 955.58 777.37
Provision for Income Tax/FBT/Deferred Tax (-) 444.09 (-)826.50
Profit after Tax 1047.25 (-)2797.81
Balance brought forward from previous year (-) 1301.84 487.83
TOTAL (-) 254.59 (-)2310.03
Appropriation
Transferred to General Reserve NIL (1008.19)
Balance Carried forward (-) 254.59 (-)1301.84
TOTAL (-) 254.59 (-)2310.03
REVIEW OF OPERATIONS
The year 2009-10 has shown the strength of the Indian economy. Despite
severe economic crisis globally, the Indian economy was able to shrug
off the same and has been able to come out of woods. Rise in domestic
demand in emerging economies like Chinese and Indian and other BRIC
economies has pulled the world out of recession. Global uncertainty is
still very high, and is expected to stay so for the next year or so.
However, your Company has been able to adjust itself and come out of
the recession with flying colours. During the financial year ending
31.03.2010 Company has diversified its business operation and focused
on high margin products.
In order to derisk our business and reduce its vulnerability to the
global turmoil in developed economies, your Company has taken the
following steps over the last 15 months:
- Greater emphasis on domestic sales both in absolute terms and as a
percentage of total turnover.
FUTURE OUTLOOK
The Company is very confident for the coming year. The beginning months
of the current year have been the best ever months for your Company.
Barring unforeseen external factors the Company expects to achieve
about 40% growth in turnover and substantially higher profits. In terms
of its various products, maximum growth of about 100% is expected on
the domestic garments business. Other business segments are expected to
grow by about 20%.
All the growth in this year would be without any major fixed capital
requirement. The main requirement would be for working capital due to
increased volumes and high price increases caused by inflationary
upsurge. Apart from its existing business, the Company is planning to
increase it presence in the "Clean Energy" segment. The Company is
already operating 3 wind mills aggregating 3.75MW. It plans to make a
major foray in clean power generation in the coming years.
We are confident that with the resurgence of India, your Company is set
to achieve new heights and targets. We are glad that the managements
policy of dynamic adaptability has paid dividends and set the path of
strong and fast growth. Our emphasis on high margin business and focus
on stable business portfolio would show positive results for the
Company and its stake holders. Your Board is confident of wiping out
completely carried forward setback within the first half of the current
year.
