Hi @sunilsurana, the company issued bonus shares in ratio of 1:2 in July 2012 which is the main reason for increase in company's equity base. The company has also issued fully convertible warrants to the promoters, but the % dilution due to these warrants is very small (3-5%).
Posts in category Value Pickr
Stock Anaysis Tool (06-09-2015)
hi
I had developed this tool for my stock selection, just wanted Value Pickers members to advise,
would be looking forward to advice from experienced members
the explanations are
P= means that it has passed the test, like Amara Raja company started by Promoter.so it is P in that columnsanalysis-sheet060915.xlsx (14.1 KB)
F means it fails that test like, Kaveri seeds is F in cyclical columns as it is a company whose performance is cyclical.
The idea is more P means there are more chances of that company giving good returns in the long term.
will eagerly wait for suggestions of experienced members as I am very new to stock investing and have just started
the companies appearing are either where I have invested or I am closely monitoring
REPCO home finance – another Gruh in the making? (06-09-2015)
@whipsaw this is 6 months old news. What is the idea behind sharing it now please. Just FYI or any significance is attached to it?
Emkay taps and tools (06-09-2015)
Quoting at IPO price 60 Cr. About 10 Cr PAT for FY15.
Screener.in: The destination for Intelligent Screening & Reporting in India (06-09-2015)
hi any one knows how to get the export to excel feature now
I had customised my excel sheet and missing that for my analysis
REPCO home finance – another Gruh in the making? (06-09-2015)
HC orders issue of notices to Ministry, Chairman, Repco Bank
Omkar Speciality Chemcials Ltd — OSCL (06-09-2015)
my worry is that when a promoter pledges shares and borrows at 200-300 bps from a private financier above bank rate of interest, it's typically a sign of drying liquidity. A fact that is corroborated further by:
Omkar capitalizing interest (this is typically done only for ultra long gestation projects like refinery, oil drilling ). typically projects that require 4-5 years for completion
at 13 % on Rs. 175 Cr. of debt, it's almost Rs. 22-24 Cr. of interest payment. can this go up further and slide further is my big worry.
Look at ROIC - its about Rs. 38 Cr. ebitda at say tax rate of 30 % which is about Rs. 28 Cr. or so. which is about 13-14 % on total capital invested of Rs. 270 Cr. odd - just above cost of debt and certainly nowhere close to being above cost of equity.
Orbit exports (06-09-2015)
The company have been continuously diluting equity over years. Its almost doubled in 4 years. Does anyone see this as concerning?
Byke hospitality – Truly asset light? (06-09-2015)
Hardyboy ,is the Mr Bajaj you refer to the CA Ram ratan bajaj ?One of the independent directors at Byke?
Thanks for your efforts on contacting the management. It certainly helps us all.
Ujaas Energy – Value Migration to Solar Power (06-09-2015)
USA recently won a dispute against India at the WTO. The dispute was regarding subsidies given by the Indian govt to local solar module/cell manufacturers. Jawaharlal Nehru National Solar Mission (NSM) had mandated that certain portion of the materials under this initiative be procured locally. Subsidies were to be given to comply with this regulation. USA had alleged that such subsidies discriminate against foreign suppliers of solar cells & modules.
Here is the link to the WTO dispute details.
Here is the link to a news article regarding this verdict