| Author |
Message |
vaib
Senior Member
Joined: 23/Oct/2009
Online Status: Offline
Posts: 308
|
   Posted: 12/Dec/2010 at 7:17pm |
|
If I remember correct they are overall losing money in out of India business. Split and bonus means nothing other than being two technical terms, overall wealth would remain same even if no split or bonus. Nevertheless fine bet.
|
 IP Logged |
|
|
|
 |
|
rakeshmehta48
Senior Member
Joined: 01/Dec/2007
Location: United Arab Emirates
Online Status: Offline
Posts: 544
|
Posted: 12/Dec/2010 at 7:51pm |
Originally posted by vaib
If I remember correct they are overall losing money in out of India business. Split and bonus means nothing other than being two technical terms, overall wealth would remain same even if no split or bonus. Nevertheless fine bet. |
FYI they are not losing money out of India business. On the contrary, major chunk of sales and profit is from Indian operations only.
Their international biz is still at an infant stage.
Split and bonuses does have own benefits in long run. I need not go in details. You may refer appropriate thread on split and bonuses.
|
|
Fund Management is Most Important
|
|
IP Logged |
|
|
|
rakeshmehta48
Senior Member
Joined: 01/Dec/2007
Location: United Arab Emirates
Online Status: Offline
Posts: 544
|
Posted: 12/Dec/2010 at 7:55pm |
Originally posted by nav_1996
This has all the ingredients of a sureshot winner for this decade. (This old wine is just getting better with every passing year).
|
I fully agree with you
|
|
Fund Management is Most Important
|
|
IP Logged |
|
|
|
rakeshmehta48
Senior Member
Joined: 01/Dec/2007
Location: United Arab Emirates
Online Status: Offline
Posts: 544
|
Posted: 12/Dec/2010 at 8:11pm |
|
Dabur's international business contributes 18% only to the consolidated sales.
Rest comes from domestic operations.
|
|
Fund Management is Most Important
|
|
IP Logged |
|
|
|
bitu1978
Senior Member
Joined: 31/Jul/2010
Location: India
Online Status: Offline
Posts: 524
|
Posted: 12/Dec/2010 at 8:27pm |
Originally posted by pkumar
For ayurvedic medicines, I think baidyanath and zandu products are far better in quality as compared to DaburAlso Tropicana from pepsico tastes better than Real juiceStill Dabur is a great company to own due to its strong market in India
|
I have never Tried Tropicana but other than real juice all the Juices I have tried don't seem Natural. You Can try Real Litchi it tastes wonderful. Will try Tropicana for comparison.
|
|
IP Logged |
|
|
|
TonyMathew
Groupie
Joined: 22/Dec/2009
Location: India
Online Status: Offline
Posts: 51
|
Posted: 12/Dec/2010 at 5:12am |
|
Any idea where the funding for these acquistions are coming from? They should not leverage their balance sheet and make it debt ridden like some companies who went on an overseas buying spree only to over leverage themselves and get into heavy debt. I think some examples are Suzlon, Wockhart,
Edited by TonyMathew - 12/Dec/2010 at 5:13am
|
|
Tony Mathew
|
|
IP Logged |
|
|
|
rakeshmehta48
Senior Member
Joined: 01/Dec/2007
Location: United Arab Emirates
Online Status: Offline
Posts: 544
|
Posted: 12/Dec/2010 at 7:25am |
Originally posted by TonyMathew
Any idea where the funding for these acquistions are coming from? They should not leverage their balance sheet and make it debt ridden like some companies who went on an overseas buying spree only to over leverage themselves and get into heavy debt. I think some examples are Suzlon, Wockhart, |
On debt front, company is very conservative and careful and not at all over leveraged. Debt equity ratio is favourable.
Company acquired Balsara during 2006 and Fem during 2008 and as per balance sheet, debt reduced to 179 crs in FY10 from 227 crs in FY09. Company is generating lot of cash to take care of aquisitions.
As on date debt should be in the range of 300-350 crs after international aquisitions and such a debt can easily be taken care of by a company of Dabur's size.
|
|
Fund Management is Most Important
|
|
IP Logged |
|
|
|
rakeshmehta48
Senior Member
Joined: 01/Dec/2007
Location: United Arab Emirates
Online Status: Offline
Posts: 544
|
Posted: 14/Dec/2010 at 8:11am |
|
Dabur's D/E was never above 0.3 in the past.
FY10 its 0.2
Going forward this may come down to 0.1, if no further aqusitions, but I feel company may again go for aqusition in international market.
|
|
Fund Management is Most Important
|
|
IP Logged |
|
|
|
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
