Scrip : Hyderabad Industries
Date of Incorporation : 1946
Registered Office : Hyderabad, Andhra Pradesh
Chairman : C K Birla
Face Value : Rs.10
Market Price : Rs.363.10
Target Price : Rs.450
EPS 2011-12 : Rs.81.13
Book Value : Rs.451.21
P/E Ratio : 4.48
52-Week High/Low : Rs.424/Rs.255
Group : C K Birla Group
Products : Building Products, Thermal Insulation, Products and Wind Power
Recommendation : Buy
Financial Highlights:
Rs in LakhsParticulars QE 31/03/2012 QE 31/03/2012 YE 31/03/2012
Net Sales 24,883 19,146 85,781
Total Expenditure 22,341 18,008 77,148
Other Income 119 468 608
Interest 86 182 748
Tax Expense 793 390 2,881
Net Profit 1,798 1,052 6,055
Equity (FV: Re.10) 749 749 749
Res Ex Rev Reserves - - 33,047
EPS (Rs) 24.07 14.09 81.13
Reasons for Recommendation:
* Company with excellent pedigree and commendable track record
* Rise in sales and profitability
* Increase in Earnings Per share
* EPS of Rs.81.13 with P/E multiple of 4.48
* Dividend of 125% declared for 2011-12
* Book Value: Rs.451.21 (FV: Rs.10
* Assuming a P/E multiple of a modest 10, the projected price is Rs. 813 in a buoyant market. However, a minimum target of Rs.450 is expected.
Disclaimer: All the information/recommendation provided herein are for information purposes only. Readers should consult their investment advisors before making investment decision. The information is given as a matter of service and in good faith. We do not accept liability for actions on the basis of information given herein.
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