Bennet & Coleman has stake in a lot of cos where they take stake in lieu of advertising and what is called “paid news ” . Can anyone point out if they indeed paid cash for their stake .

Bajaj finance god a nod to set up a housing finance Company as a wholly owned subsidairy

http://www.bloomdekor.com/products/ is the website of the company. With that out of the way, Lets look at the ratios and take some confidence before I introduce you to the nature of the business.

Market Cap.:
₹ 19.83 Cr.

Book Value:
₹ 25.40

Stock P/E:
8.16

Dividend Yield:
2.07%

Face Value:
₹ 10.00

Enterprise Value:
₹ 48.20

EPS:
₹ 3.55


Graham Number:
₹ 45.04

EBIT:
₹ 6.63 Cr.

EVEBITDA:
5.09

PEG Ratio:
-1.23

Debt to equity:
1.81

OPM:
15.22%

Return on equity:
4.25%

Return on assets:
8.07%

Average return on equity 5Years:
0.37%

Dividend Payout Ratio:
59.42%

Exports percentage Now:
0.00%- It used to export earlier

Exports percentage 5Years back:
21.58%

Promoter holding:
52.02%

Piotroski score:
7.00

Altman Z Score:
1.86

Profit growth 5Years:
-6.62%

Profit growth:
248.17%

YOY Quarterly profit growth:
176.36%

CROIC:
14.13%

OPM 5Year:
8.58%


Sales growth 3Years:
5.40%

Operating cash flow 5years:
₹ 27.45 Cr.

Average return on capital employed 10Years:
7.11%

Average return on capital employed 3Years:
8.59%

Return on invested capital:
12.03%

Investing cash flow 10years:
₹ -24.79 Cr.

Cash from operations last year:
₹ 3.95 Cr.

Inventory:
₹ 32.34 Cr.

Days Inventory Outstanding:
193.58

Profit growth 3Years:
6.37%

Market Cap to Sales(Kenneth Adrande metric):smile:
 0.32

Now the funny thing is Times of India has a holding in this company. It has been doing well for itself as the above ratios state and most of all its a small company, so small that price action can make it hit either circuit filters on Index. Its known to a few as a door making and a designer company. It is involved in e-commerce and selling advise online. Its brands are Bloom and Olive. They are a company from Gujarat and have a solitary plant where they make the products from wood and its wastes. It has branches in all major metros.

On the plant, this is what they say:
A long awaited continuation of the prelude, a brand new collection with the same values.
Elegant and contemporary, yet reminiscent of the classic. Authentic
wood-grains offer immense warmth and satisfaction. Interiors of today
demand a fresh look, where one’s eye is always in search of the
not-so-seen.
URBAWUD collection intends to address this need, to assist designers
create contemporary interiors for the existing urban lifestyle and
tastes.
Bloom Dekor is proud to present this special range of Laminates that
also include improvised colour tones of authentic wood-grains.

Address:

Bloom Dekor Limited

2/F, Sumel, S.G. Highway, Thaltej,

Ahmedabad – 380 059,

Gujarat (India)

Big news is that, it pays dividend and quiet frequently. Its also growing its OPM very consistently and generates cash flows.5262250315.pdf (2.7 MB) Take a good look at this awesome looking design of Annual Report and pass comments on the quality of it. What Bennet and Coleman knows that we dnot know, lets find out?

Relaince’s own private label Coffee(Reliance Kaffe) sold at Reliance Mart/Fresh outlets is manufactured by CCL.

A 50gms packet of Reliance Kaffe( with 70% coffee & 30% chicory mix) is priced Rs.89 same as of Nescafe Premium (of same blend) but Relinace Kaffe is giving “Buy one & get one offer” so effectively it is being sold at half the price of Nescafe Premium with same blend

I bought one Reliance Kaffe to home. My father like it a lot then Nescafe. He felt it had more of Natural Coffee essence then Nescafe and suggested to bring this brand from next time

I think RPG Life fits well in classic “cigar-butt investing” of Ben Graham. Here is a company with market cap of Rs 300 Crore having land value of Rs. 200 Crores and annual sales of 300 Crores. New CEO bringing in focus on asset utilization and better profitability with possibility of upside due to US FDA approval makes it really “heads I win. tails I don’t so much” type of deal.

Having said that, their past gives very less confidence as they were mediocre company for most of its existence with lack of focus and forming small part of large group with focus on tyres, power transmission and software. Since this is relatively small standalone business in large group of companies, turning around this company and selling out to other pharma biggie could be option explored by the group.

Disc : I am invested in this company from lower levels so my views could be biased