well, the nos. quoted above are from the section under related party transactions. Now related parties had extended loan to the company which remains outstanding even as on 31st march 2015. BTW I am no expert in accounting either.
Posts tagged Value Pickr
Omkar Speciality Chemcials Ltd — OSCL (04-09-2015)
Screener.com shows Interest coverage ratio as 3.02
POKARNA LTD ( Stock opportunities ) (04-09-2015)
@sumi00, Just a layman question.I am not very savvy in accounting,would be great if could explain it.
How does losses and loans outstanding to related parties become payables?
Dai-Ichi Karkaria Limited (04-09-2015)
Find enclosed link to article about Dai-Ichi Karkaria published in Corporate India.
http://www.bseindia.com/corporates/ann.aspx?scrip=526821&dur=A&expandable=0**strong text**
RSWM LTD (Ascending triangle + Multiyear break out ) (04-09-2015)
which charting software are you using? thanks.
Eicher Motors (04-09-2015)
“CAFE RACER” Themed bike Continental GT International Launch, London. This video is awesome and from the feedback received from experts feel like RE can make it big in the coming years.
Was browsing through the continental GT and found this:
Hindistan Media Ventures Limted (HMVL): A mispriced bet in newspaper business (04-09-2015)
Hi Sunil,
I just browsed through HMVL 2015 AR. Thanks for pointing out the discrepancy. I think it might be because a large chunk of their investments are in bond and treasury plans with maturity > 365 days (approximately > 50% of total). This are shown under fixed maturity plans. This leads them to account for income owing to accrual method but not recognise in cash flows until investments are redeemed.
Additionally it may also be possible that interest may be accrued on investments but not yet received in cash. This is similar to the case of liquid mutual funds that offer bonus units rather than investments. In these cases the holder gets higher and higher units of the liquid funds at the same NAV but no interest income can be recognised as per accounting standards until those units are sold. For instance, you started with invested in 100 units at a NAV of 10 (total 1000). At the end of the year, you get 8 bonus units (total 108). NAV is still 10 but total unrealised amount is 1080 (108 X 10). But as per accounting standards it may not be possible to recognise income of Rs 80 from these bonus units units they are sold. (This part is speculation at my end)
That being said the discrepancy does appear to be a bit steep but nothing I would be too worried about as of now.
Disc: Invested
P. I. Industries Ltd. – A Unique Business Model can make it a Great Play on Agri & CSM Space (04-09-2015)
ok. Thanks anyways
Screener.in: The destination for Intelligent Screening & Reporting in India (04-09-2015)
Got it. Sorry for the unneccessary post.
Regards,
Nikhil
Marksans Pharma- Can it be the next Pharma Biggie? (04-09-2015)
India Ratings and Research (Ind-Ra) has upgraded Marksans Pharma (MPL) long-term issuer rating to ‘IND A’ from ‘IND A-‘. The outlook is stable.
http://www.myiris.com/news/sector/ind-ra-upgrades-marksans-pharma-to-ind-a/20150904113138043