I was following this company a year ago. Recently when I check the stock price I was surprise to see that it is not beaten down as others.
It has a strong management likes of Mahindras & most +ve is the reach of this company in the remotest part of our country (mostly rural oriented). It is growing at 25-30% yoy. It is working mostly in Auto Financing & Tractor Financing. Recently also diversifying in Mutual Fund & Home Lone in Selective Market.
In bad sentiments like this for NBFC this stock is performing well.
I request Senior Members to look at this idea & give their comments.
Scrip Code : 532720 Company : Mahindra
|
Type |
Audited |
Audited |
Audited |
Period Ending |
31-Mar-08 |
31-Mar-07 |
31-Mar-06 |
No. of Months |
12 |
12 |
12 |
Description |
Amount(Rs. million) |
Net Sales / Interest Earned / Operating Income |
12,057.55 |
8,291.07 |
5,823.17 |
Other Income |
210.46 |
155.05 |
140.92 |
Total Income |
12,268.00 |
8,446.12 |
5,964.09 |
Interest Expended |
- |
-3,241.26 |
-2,194.42 |
Expenditure |
-9,460.84 |
-1,880.54 |
-2,096.39 |
Operating Profit |
2,807.16 |
3,324.31 |
1,673.28 |
Profit Before Depreciation and Tax |
2,807.16 |
3,324.31 |
1,673.28 |
Depreciation |
-87.28 |
-74.26 |
-51.73 |
Profit before Tax |
2,719.88 |
3,250.05 |
1,621.54 |
Tax |
-949.64 |
-698.57 |
-538.82 |
Provisions and Contingencies |
- |
-1,222.65 |
- |
Net Profit |
1,770.24 |
1,328.83 |
1,082.72 |
Equity Capital |
952.88 |
840.19 |
833.14 |
Reserves |
12,176.22 |
6,929.29 |
5,986.83 |
Basic And Diluted EPS after Extraordinary item |
- |
15.81 |
14.59 |
Basic EPS after Extraordinary items |
20.81 |
- |
- |
Diluted EPS after Extraordinary items |
18.27 |
- |
- |
Nos. of Shares - Public |
37,046,825.00 |
25,777,304.00 |
27,758,993.00 |
Percent of Shares-Public |
38.23 |
30.00 |
32.00 |
Operating Profit Margin |
23.28 |
- |
- |
Net Profit Margin |
14.68 |
16.03 |
18.59 |
Cash EPS |
19.49 |
- |
- |
|
http://www.bseindia.com/qresann/results.asp?scripcd=532720&scripname=Mahindra&type=57.5&quarter=MC2007-2008&ResType=R&checkcons=55c# - Notes |
http://www.bseindia.com/qresann/results.asp?scripcd=532720&scripname=Mahindra&type=57.5&quarter=MC2007-2008&ResType=R&checkcons=55c# - Notes |
http://www.bseindia.com/qresann/results.asp?scripcd=532720&scripname=Mahindra&type=57.5&quarter=MC2007-2008&ResType=R&checkcons=55c# - Notes |
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http://www.bseindia.com/qresann/detailedresult.asp?scrip_cd=532720&compname=Mahindra&qtr=57.5 - Detailed |
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