MANAPPURAM FINANCE

 ALL ODDS ARE OVER FOR MANAPPURAM

•          Company is expanding its business to extend loans.
•          Housing Loans  Early 2015  which is sooner  Acquired Milestone Home Finance.
•          Vehicle Loans Re-Entering.
•          Micro finance.
•        Acquired Asirvad Microfinance eligible for small bank license.

  So its no more just gold loan business anymore which means balance sheet improvement Q2Q YOY.

You can add this stock in your portfolio for a given period of 12 months for shining returns.

(in Cr.)	Sep-14	Jun-14	Mar-14	Dec-13	Sep-13
Income Statement
Revenue	502.84	456.32	457.44	534.87	544.1
Other Income	1.74	2.13	2.29	0.19	0.36
Total Income	504.58	458.45	459.72	535.06	544.46
Expenditure	-160.65	-163.58	-169.24	-163.66	-153.77
Interest	-213.87	-213.42	-226.61	-247.43	-266.93
PBDT	130.07	81.44	63.88	123.97	123.77
Depreciation	-13.92	-14.67	-14.3	-15.78	-18.67
PBT	116.15	66.77	49.57	108.19	105.09
Tax	-39.72	-22.79	-17.2	-37.14	-35.38
Net Profit	76.43	43.99	32.37	71.06	69.71
Equity	168.24	168.24	168.24	168.24	168.24
EPS	0.91	0.52	0.38	0.84	0.83
CEPS	1.07	0.7	0.55	1.03	1.05
OPM %	68.4	64.62	63.5	69.44	71.81
NPM %	15.2	9.64	7.08	13.29	12.81

INDIAN HUME PIPE / GUJARAT FOILS - REPEAT

INDIAN HUME PIPE

I am repeating my recommendation made earlier  to buy at level of 330 to 350  for the target of 4 digit price with a time duration of one year.

older post
http://valuable4all.blogspot.in/2014/09/indian-hume-pipe-company-ltd.html




GUJARAT FOILS LTD

accumulate on every dip for the target price of 200 with a time duration of one year.

older post
http://valuable4all.blogspot.in/2014/08/gujarat-foils-ltd.html

PHOENIX LAMPS

• Company is engaged in manufacturing  of Auto Vehicle Lighting devices.

• Its products are exported to more than 75 countries as well as leading in supplying to domestic auto makers.

• It’s leading supplier in Halogen Lamps for 2 & 3 wheeler's, Passenger Cars, Commercial Vehicles.

• Recently it has reduced its debt to 30 % from 125 CR to 45 CR by selling out its subsidiary lighting business.

• With reduction in price for fuel auto vehicles demand is going to increase with emerging India.

Q2Q

(in Cr.)	Jun-14	Mar-14	Dec-13	Sep-13	Jun-13
Income Statement
Revenue	56.11	66.73	74.99	105.26	124.48
Other Income	0.33	-0.37	0.79	0.63	0.23
Total Income	56.44	66.36	75.78	105.89	124.71
Expenditure	-46.22	-49.76	-58.86	-43.91	-98.77
Interest	-0.71	-0.88	-1.75	-3.83	-4.84
PBDT	9.5	15.73	15.17	58.16	21.1
Depreciation	-1.43	-3.4	-1.22	-2.09	-2.59
PBT	8.08	12.32	13.95	56.06	18.51
Tax	-1.55	0.57	1.57	-12.82	--
Net Profit	6.52	12.89	15.52	43.25	18.51
Equity	28.02	28.02	28.02	28.02	28.02
EPS	2.33	4.6	5.54	15.44	6.61
CEPS	2.84	5.81	5.97	16.18	7.53
OPM %	18.2	24.88	22.57	58.89	20.84
NPM %	11.62	19.32	20.69	41.09	14.87

1yr Chart

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