Tuesday, July 11, 2017

INDUSIND BANK RESULTS - Q1 OF 2017-18 - FIRST QUARTER

FIRST QUARTER RESULTS

2017-18 (JUNE,2017)

INDUSIND BANK


The first quarter results season has started. One of the first results is that of IndusInd Bank. The share price is at Rs.1561 .

Here is the first quarter result of IndusInd Bank :(in Crores)



INDUSIND BANK JUN'17 Mar '17 Dec '16 Sep '16 Jun '16
Interest Earned




(a) Int. /Disc. on Adv/Bills 3270.7 2,989.67 2,990.45 2,816.85 2,682.14
(b) Income on Investment 726.47 644.05 619.79 563.21 527.06
(c) Int. on balances With RBI 98.5 153.85 60.88 60.61 52.93
(d) Others 39.84 42.44 28.21 28.63 29.56
Other Income 1167.26 1,211.30 1,016.80 970.42 972.97
EXPENDITURE




Interest Expended 2361.45 2,162.56 2,120.91 2,008.99 1,935.27
Employees Cost 422.17 394.3 394.04 375.79 356.89
Other Expenses 930.62 912.22 837.84 773.29 738.71
Operating Profit before Provisions and contingencies 1588.53 1,572.23 1,363.34 1,281.65 1,233.79
Provisions And Contingencies 309.97 430.13 216.85 213.88 230.47
P/L Before Tax 1278.56 1,142.10 1,146.49 1,067.77 1,003.32
Tax 442.01 390.49 395.85 363.51 341.94
P/L After Tax from Ordinary Activities 836.55 751.61 750.64 704.26 661.38
Net Profit/(Loss) For the Period 836.55 751.61 750.64 704.26 661.38
Equity Share Capital 598.52 598.15 597.42 596.92 595.87
ANALYTICAL RATIOS




b) Capital Adequacy Ratio - Basel -III 16.18 15.31 -- -- 15.42
Basic EPS 13.98 12.57 12.57 11.81 11.11
Diluted EPS 13.85 12.45 12.46 11.69 10.64
NPA Ratios :




i) Gross NPA 1271.68 1,054.87 971.62 899.01 860.64
ii) Net NPA 50826 438.91 400.7 369.16 355.5
i) % of Gross NPA 1.09 0.93 0.94 0.9 0.91
ii) % of Net NPA 0.44 0.39 0.39 0.37 0.38
Return on Assets % 1.86 1.74 1.88 1.93 1.94




















END






























































































































































































































































Wednesday, July 5, 2017

MY MONEY JOURNEY - AN UPDATE

 

MY MONEY JOURNEY


I wrote this on a Facebook Page called Longterm Investment Strategy (www.rejems.com) .

I felt my readers here will also like this money journey of mine which is continuing infinitely. Therefore, I am reproducing it here :

"I was investing in stock market sporadically, often and on, during last 3 decades almost.

First time, I, alongwith my brothers, invested in primary market. Those days, primary market was wonderful. The regulator used to fix the price or approve the price of new issues at very attractive prices. We used to get allotments almost always and used to sell our new shares immediately after we receive share certificates at around 30% and above the allotment price. We felt good.The money this earned went for our 3 sisters marriages. Thereafter, we stopped.

Much later, I and a friend started investing in secondary market. I used to spend at least Rs.100 in studying a company from numerous newspapers, periodicals etc, before investing a Rs.1000 in it. Our investments were not big. But, we did make reasonable profits. 

Sometimes 100 to 300 percent also and some times 50% and above. Then, we sold and switched to other companies. At one time, I sold most of the shares and constructed my present, small house. Then, somehow, I again stopped my investments.

Much later, after I retired from service, I started to think of investing again. I opened account with icicidirect in 2009, and from then on, I started investing my pensionary benefits in stock market.

But, this time, there is no need for a manual broker for buying and selling, as icicidirect facilitates instant buying and selling on online Basis. The old hazards of manual brokers is almost completely avoided. There is much greater transparency in dealing with icicidirect. 

Ok. It doesn't mean that my stock investments were a complete success. I did make my errors, small and big. I made many emotional purchases. They produced a few successes and a few failures.

To stop making such emotional buying and selling, it took a number of years. But, my emotional buying was also backed by enough research. But, I failed to sell in time, when a company was making stupid mistakes for several quarters. So, not selling in time was costlier than not buying in time.

I now find, I am not the only one to commit such stupid mistakes. The most successful, well known investors also commit such mistakes.

But, on an average what is the percentage of annual return that you make is what finally matters.

Most investment advisers advice extreme caution with your pensionary benefits. But, I went headlong with my money. I always pressed the accelerator while my wife acted as timely brake periodically.

I joined NSE certification courses and eventually became NSE certified Market professional level 5 which is NSE's highest and a few other certificates of NSE like Investment Champion etc. I did not go for SEBI /NISM certification so far.
But, all this helped me to mature as an investor. Now, I study the methods of Warren Buffet, Rakesh Jhunjhunwala, Porinju Veliyath and a few others who are my great favourites.

My initial investment is small but has grown 350% in 8 years, which is not a big deal but not bad. I now, know, why Porinju and Rakesh are so bullish about Indian stock market.

I am a long term investor and never go for day trading or F&O. I am happy about what I am doing and it's results. Like Porinju, I believe that the greatest investment India has made is Modi. If Modi stays, India's success is guaranteed.Some people do not agree,though. But, I believe, Modi is a great Investment for India, though, he is not indispensable. No one is.

I am becoming a better investor everyday. I just want to equal the Rate of progress of Porinju, though, it is mpossble to equal him in absolute rupee terms, from my low levels.

Yet, the money journey continues and is highly satisfying."

yours sincerely,

(V.Vijayamohan)

Sunday, July 2, 2017

FIRST QUARTER RESULTS DATES - 2017-18


FIRST QUARTER-2017-18
(APRIL TO JUNE)

RESULTS SEASON 
(JULY-SEP)

The First quarter results season is about to start. Q1 of 2017-18 is expected to be much better than Q1 of last year and Q4 just passed.

Let us therefore be watchful of the Results flowing from now onwards :

Company
Purpose
Date
Intellect Design Arena 
Rights Issue
6-Jul-17
VKS Projects 
Others
7-Jul-17
RBL Bank 
Preferential issue
7-Jul-17
Syncom Healthcare 
Results
10-Jul-17
Pioneer Embroideries 
Preferential issue
10-Jul-17
Amtek Auto 
Results
11-Jul-17
IndusInd Bank 
Results
11-Jul-17
Monnet Ispat and Energy 
Results
11-Jul-17
CCL Products (India) 
Results
11-Jul-17
Prime Securities 
Results
11-Jul-17
The South Indian Bank 
Results
11-Jul-17
Bajaj Corp 
Results
12-Jul-17
SRS 
Others
12-Jul-17
Grand Foundry 
Results
13-Jul-17
Reliance Industrial Infrastructure 
Results
13-Jul-17
Hatsun Agro Product 
Results/Dividend
13-Jul-17
Bhansali Engineering Polymers 
Results/Others
14-Jul-17
The Karnataka Bank 
Results
15-Jul-17
Prakash Industries 
Results
17-Jul-17
SIL Investments 
Results
17-Jul-17
Linde India 
Results
17-Jul-17
Indian Metals & Ferro Alloys 
Results
17-Jul-17
Jubilant Foodworks 
Results
17-Jul-17
Jubilant Life Sciences 
Results
17-Jul-17
Jubilant Life Sciences 
Results
18-Jul-17
HIL 
Results
18-Jul-17
Havells India 
Results
19-Jul-17
KPIT Technologies 
Results
19-Jul-17
GNA Axles 
Results
19-Jul-17
MindTree 
Results
19-Jul-17
Nucleus Software Exports 
Results
20-Jul-17
ABB India 
Results
20-Jul-17
Wipro 
Results
20-Jul-17
Persistent Systems 
Results
21-Jul-17
Mafatlal Finance 
Results/Others
21-Jul-17
Balmer Lawrie & Company 
Others
21-Jul-17
Can Fin Homes 
Results
21-Jul-17
Beardsell 
Others
22-Jul-17
Wendt (India) 
Results
24-Jul-17
Excel Crop Care 
Results
24-Jul-17
Vinyl Chemicals (India) 
Results
24-Jul-17
Oriental Hotels 
Results/Others
25-Jul-17
Hero MotoCorp 
Results
25-Jul-17
GlaxoSmithKline Pharmaceuticals 
Results
25-Jul-17
Pidilite Industries 
Results
25-Jul-17
MphasiS 
Results
26-Jul-17
Yes Bank 
Results/Stock Split
26-Jul-17
Agro Tech Foods 
Results
26-Jul-17
Dr. Reddy's Laboratories 
Results
27-Jul-17
IDFC Bank 
Results/Others
27-Jul-17
IDFC 
Results
27-Jul-17
Exide Industries 
Results
27-Jul-17
Coromandel International 
Results
28-Jul-17
GHCL 
Results
29-Jul-17
V-Guard Industries 
Results
31-Jul-17
IL&FS Investment Managers 
Results
31-Jul-17
Trent 
Results
31-Jul-17
EIH 
Results
1-Aug-17
Colgate Palmolive (India) 
Results
3-Aug-17
Gujarat Narmada Valley Fertilizers and Chemicals 
Results
4-Aug-17
Dabur India 
Results
4-Aug-17
EIH Associated Hotels 
Results
4-Aug-17
Berger Paints (I) 
Results
4-Aug-17

The dates will be updated periodically.(Updated on 05.07.17)

*** E N D * * *