Monday, November 20, 2017

GRAVITA INDIA Limited - RESULTS FOR THE SECOND QUARTER ENDED SEP'2017 - Q2-FY 2017-18

 

GRAVITA INDIA 

Limited


RESULTS FOR THE

SECOND QUARTER ENDED SEP'2017

Q2-FY 2017-18



The results of GRAVITA INDIA Limited for the second quarter ended Sep'2017 are placed here under.


PRESS RELEASE EXCERPTS



1. Q2 SALES SURGE TO 224.67 Cr FROM 161.92 Cr - UP 39%

2. EBITDA BEFORE EXCEPTIONAL ITEMS 0F RS.25.77 CR V/S RS.11.95 CR (UP 116%)

3. EBITDA MARGIN STOOD AT 11.47% AGAINST  7.38% IN Q2 FY 17

4. Q2 PAT JUMPS TO 13.38 CR FROM 8.53 Cr - UP 57%

5. PAT MARGIN STOOD AT 5.96% V/S 5.27% IN Q2 FY17

6. EPS OF RS.1.95  V/S EPS OF RS.1.25

7. ADDED CAPACITY 16000 TONS OF FRESH LEAD RECYCLING CAPACITY AT CHITTOOR ,AP TOTAL CAPACITY AT CHITTOOR IS NOW 28000 MTPA

8. COMMENCES PET FLAKES PRODUCTION IN JAMAICA. ANNUAL CAPACITY OF 4800 MTPA

9. GRAVITA HAS 11 RECYCLING PLANTS ACROSS THE WORLD.

  
DECLARATION :  This does not constitute a Buy/Sell/Hold Recommendation.

Sunday, November 19, 2017

AUROBINDO PHARMA Limited - RESULTS FOR THE SECOND QUARTER ENDED SEP'2017 - Q2-FY 2017-18

 

AUROBINDO PHARMA





Limited


RESULTS FOR THE


SECOND QUARTER ENDED SEP'2017

Q2-FY 2017-18



The results of AUROBINDO PHARMA Limited for the second quarter ended Sep'2017 are placed here under.


Sales have gone up by 17.25% YoY. Net Profits have gone up by 29% YoY. At current price of Rs.708, PE (Forward) stands at 13.28. AUROBINDO has declared Interim Dividend of Rs.1.50 per share of FV of Rs.1.
  
Declaration : This does not constitute a Buy/Sell/Hold Recommendation.



AUROBINDO PHARMA Sep '17 Jun '17 Mar '17 Dec '16 Sep '16 YOY
Net Sales 4,354.18 3,621.07 3,582.13 3,844.47 3,713.58 17.25
Other Operating Income 81.71 57.68 59.5 61.71 61.87 32.07
Total Income 4,435.89 3,678.75 3,641.63 3,906.18 3,775.45 17.49
EXPENDITURE





Raw Materials 1,439.54 1,378.33 1,279.42 1,300.59 1,374.85 4.71
Purchase of Traded Goods 355.91 340.41 347.69 443.62 358.29 -0.66
Increase in Stocks -27.52 -220.91 -124.3 -34.5 -103.26 -73.35
Employees Cost 518.72 490.17 463.46 445.64 426.58 21.6
Depreciation 132.08 131.18 100.05 111.14 110.2 19.85
Other Expenses 1,032.36 867.98 954.12 855.99 789.78 30.71
P/L Before Other Inc., Int., Excpt. Items & Tax 984.8 691.59 621.19 783.7 819.01 20.24
Other Income 10.27 33.26 40.78 7.92 8.28 24.03
P/L Before Int., Excpt. Items & Tax 995.07 724.85 661.97 791.62 827.29 20.28
Interest 17.27 16.87 14.28 -1.54 -2.65 -751.7
P/L Before Tax 977.8 707.98 647.69 793.16 829.94 17.82
Tax 197.96 190.99 117.15 217.67 223.99 -11.62
Net Profit 779.84 516.99 530.54 575.49 605.95 28.7
Minority Interest 0.18 0.18 0.23 0.09 0.09 100
Share Of P/L Of Associates 1.13 1.34 1.68 3.01 -0.4 -382.5
Net P/L After M.I & Associates 781.15 518.51 532.45 578.59 605.64 28.98
Equity  58.59 58.59 58.59 58.52 58.52 0.12
Basic EPS 13.33 8.85 9.1 9.88 10.41 28.05
Diluted EPS 13.33 8.85 9.1 9.88 10.4 28.17







MP 708




PE 13.28






Thursday, November 16, 2017

VIKAS WSP LIMITED - RESULTS FOR THE SECOND QUARTER ENDED SEP'2017 - Q2-FY 2017-18

 

VIKAS WSP

Limited

RESULTS FOR THE

SECOND QUARTER ENDED SEP'2017

Q2-FY 2017-18



The results of VIKAS WSP Limited for the second quarter ended Sep'2017 are placed here under.


During the last 5 quarters, first 2 quarters, it showed reducing Losses. Latest 3 quarters, it has shown clearly increasing Profits. Sales also are increasing quite well.
  
Declaration : This does not constitute a Buy/Sell/Hold Recommendation.



VIKAS WSP Sep '17 Jun '17 Mar '17 Dec '16 Sep '16 YOY
http://img1.moneycontrol.com/images/blank.gif
Net Sales
164.4 138.7 116.77 19.19 42.05 290.96
EXPENDITURE          
Raw Materials 136.17 108.01 78.6 19.34 60.46 125.22
Increase/Decrease in Stocks -0.95 -1.16 1.01 0 1.71 -155.56
Employees Cost 4.24 4.31 7.16 2.86 2.99 41.81
Depreciation 8.74 8.65 8.55 8.74 8.75 -0.11
Other Expenses 1.37 4.42 15.3 6.12 4.23 -67.61
P/L Before Other Inc. , Int., Excpt. Items & Tax 14.83 14.46 6.14 -17.87 -36.09  
Other Income 1.64 -- 0.2 -2.39 4.89 -66.46
P/L Before Int., Excpt. Items & Tax 16.47 14.46 6.34 -20.26 -31.2  
Interest 11.13 10.35 13.75 10.96 11.08 0.45
P/L Before Tax 5.34 4.11 -7.41 -31.22 -42.28  
Tax -1.73 -1.22 -10.06 -0.26 -0.37 367.57
Net Profit 7.07 5.33 2.65 -30.96 -41.91  
Equity Share Capital 19.44 19.44 13.74 13.74 13.74 41.48
Basic EPS 0.37 0.35 0.17 -2.25 -3.05  
Diluted EPS 0.37 0.35 0.17 -1.9 -3.33  

VAKRANGEE Limited - RESULTS FOR THE SECOND QUARTER ENDED SEP'2017 - Q2 FY 2017-18

 

VAKRANGEE

Limited

RESULTS FOR THE

SECOND QUARTER ENDED SEP'2017

Q2-FY 2017-18



The results of VAKRANGEE Limited for the second quarter ended Sep'2017 are placed here under.



NEWS ON VAKRANGEE :




13.11.2017


As on September 30, Vakrangee has crossed more than 40,000 Vakrangee Kendras and the current March 2018 target is around 50,000 outlets and March 2019 target is around 65,000 outlets,says Vakrangee Ltd..
 
Vakrangee Ltd has recommended Bonus issue in the Ratio of 1 : 1
 

Declaration : This does not constitute a Buy/Sell/Hold Recommendation.
 

VAKRANGEE Sep '17 Jun '17 Mar '17 Dec '16 Sep '16 YOY QOQ
Net Sales 1,550.79 1,301.85 1,144.98 978.86 959.01 61.71 19.12
Other Oprting Income -- 0 0.01 0 0.06

Total Income 1,550.79 1,301.85 1,144.99 978.86 959.07 61.7 19.12
EXPENDITURE






 Raw Materials 1,236.01 1,024.58 863.6 722.6 712.81 73.4 20.64
Increase in Stocks 1.5 -7.38 -10.05 3.76 0.96 56.25 -120.33
Employees Cost 16.3 13.31 13.21 10.78 10.8 50.93 22.46
Depreciation 0.69 0.79 13.15 19.07 19.94 -96.54 -12.66
Other Expenses 9.53 8.65 11.47 9.15 8.58 11.07 10.17
P/L Before Other Inc., Int., Excpt. Items & Tax 286.76 261.9 253.61 213.51 205.99 39.21 9.49
Other Income 3.86 2.83 2.54 0.78 1.24 211.29 36.4
P/L Before Int., Excpt. Items & Tax 290.62 264.72 256.15 214.29 207.23 40.24 9.78
Interest 2.75 5.86 9.93 13.19 13.37 -79.43 -53.07
P/L Before Tax 287.87 258.86 246.23 201.09 193.85 48.5 11.21
Tax 98.07 90.83 94.84 69.54 67.5 45.29 7.97
Net P/L After M.I & Associates 189.8 168.03 151.39 131.55 126.36 50.21 12.96
Equity Share Capital 52.94 52.94 52.92 52.92 52.92 0.04 0
Basic EPS 3.59 3.17 2.87 2.49 2.38 50.84 13.25
Diluted EPS 3.58 3.17 2.86 2.48 2.38 50.42 12.93








MP 654





PE 45.67



























































































































































































Friday, November 10, 2017

INDIA’S RICHEST 100 - 2017 FORBES LIST -GOOD LUCK TO ALL




INDIA’S RICHEST 100

2017 FORBES LIST


Every Year, Forbes compiles a List of the Richest 100 in the world and separately, the Richest 100 in India. 

Who is progressing faster, why and how, are all examined by Forbes in compiling the List. It is highly informative for all budding Entrepreneurs and ambitious young men - which phrase includes men and women of all ages, whose hearts are filled with dreams and ambitions. 

Why is India still a country with predominantly Poor people? That is because, people generally lack ambition, initiative and drive. Ours is a country in which the most powerful sections of people want to be branded as BACKWARD, which term actually indicates a mindset and not just the present physical state.   

That mindset should go and be replaced with a forward looking mindset of “I CAN”, “I AM COMPETENT”, “I WILL ACHIEVE” and so on. India should discourage the BACKWARD MINDSET absolutely totally. There can be temporarily POOR  people, but there should not be BACKWARD people. It is a MINDSET.

Now, the List of 100 RICHEST Indians is of forward looking people, from all castes and religions, as you will find. They are an inspiration to all Indians.

Aspire, Strive and Achieve – is the motto of all these 100 Richest men and women – and of countless others  who are struggling to enter into this list.  You, the reader and I, the writer, must also be in this latter category of Aspirants. Let us thank the Forbes for inspiring us to be ambitious achievers.

Here is the List :


Rank Name Net Worth (In $ Billion) Company  Age
1 Mukesh Ambani 38 Reliance Industries 60
2 Azim Premji 19 Wipro 72
3 Hinduja brothers 18.4 Ashok Leyland 81, 76, 71, 66
4 Lakshmi Mittal 16.5 Arcelormittal 67
5 Pallonji Mistry 16 Shapoorji Pallonji Group 88
6 Godrej family 14.2 Godrej Group NA
7 Shiv Nadar 13.6 HCL Technologies 72
8 Kumar Birla 12.6 Aditya Birla Group 50
9 Dilip Shanghvi 12.1 Sun Pharmaceutical Industries 61
10 Gautam Adani 11 Adani Ports & SEZ 55
11 Uday Kotak 10.5 Kotak Mahindra Bank 58
12 Radhakishan Damani 9.3 Avenue Supermarts 62
13 Cyrus Poonawalla 8.9 Serum Institute Of India 76
14 Sunil Mittal 8.3 Bharti Airtel 60
15 Bajaj family 8 Bajaj Auto NA
16 Savitri Jindal 7.5 O.P. Jindal Group 67
17 Vikram Lal 7.2 Eicher Motors 75
18 Benu Gopal Bangur 6.6 Shree Cement 86
19 Acharya Balkrishna 6.55 Patanjali Ayurved 45
20 Burman Family 6.5 Dabur NA
21 Subhash Chandra 6 Essel Group 66
22 Pankaj Patel 5.9 Cadila Healthcare 64
23 Vivek Chaand Sehgal 5.85 Motherson Sumi Sytems 60
24 Kushal Pal Singh 5.7 DLF 86
25 Nusli Wadia 5.6 Britannia Industries 73
26 Ajay Piramal 5.2 Piramal Enterprises 62
27 M.A. Yusuff Ali 5 LuLu Group 61
28 Madhukar Parekh 4.75 Pidilite Industries 71
29 Kalanithi Maran 4.55 Sun TV Network 52
30 Pawan Munjal 4.5 Hero Motocorp 63
31 Kapil & Rahul Bhatia 4.4 Interglobe Aviation Kapil,85, Rahul,57
32 Micky Jagtiani 4.3 Landmark Group 66
33 Harsh Mariwala 4.2 Marico 66
34 B.R. Shetty 3.9 NMC Health 75
35 Ravi Pillai 3.8 RP Group 64
36 Mangal Prabhat Lodha 3.75 Lodha Group 61
37 Kuldeep & Gurbachan Singh Dhingra 3.7 Berger Paints India  Kuldeep, 70 Gurbachan,67
38 Karsanbhai Patel 3.6 Nirma 73
39 Ashwin Dani 3.5 Asian Paints 74
40 Gupta Family 3.45 Lupin NA
41 Shashi & Ravi Ruia 3.4 Essar Group Shashi,73, Ravi,68
42 Sudhir & Samir Mehta 3.35 Torrent Group Sudhir,63, Samir,54
43 Samprada Singh 3.3 Alkem Laboratories 91
44 Anil Agarwal 3.2 Vedanta Resources 64
45 Anil Ambani 3.15 Reliance Communications 58
46 P.V. Ramprasad Reddy 3.14 Aurobindo Pharma 59
47 Baba Kalyani 3.13 Bharat Forge 68
48 Vinod & Anil Rai Gupta 3.11 Havells Vinod,72 Anil,48
49 Sameer Gehlaut 3.1 Indiabulls Group 43
50 Hasmukh Chudgar 3.05 Intas Pharmaceuticals 84
51 Jain Family 3 Bennett Coleman & Co. NA
52 Ashwin Choksi 2.95 Asian Paints 74
53 Rajan Raheja 2.9 Exide Industries 63
54 Rakesh Jhunjhunwala 2.8 Rare Enterprises 57
55 Kishore Biyani 2.75 Future Group 56
56 Abhay Vakil 2.71 Asian Paints 66
57 Chandru Raheja 2.7 K. Raheja Corp 77
58 M.G. George Muthoot 2.67 Muthoot Finance 67
59 Abhay Firodia 2.65 Force Motors 72
60 Yusuf Hamied 2.62 Cipla 81
61 Rajesh Mehta 2.6 Rajesh Exports 53
62 Vijay Chauhan 2.5 Parle Products 81
63 Amalgamations Group family 2.48 Tractors & Farm Equipment NA
64 Jai Hari and Yadu Hari Dalmia 2.45 Dalmia Bharat Jai Hari,73, Yadu Hari,70
65 Sunny Varkey 2.4 GEMS Education 60
66 Murugappa family 2.38 Murugappa Group NA
67 Rajendra Agarwal 2.3 Macleods Pharmaceuticals 58
68 Harsh Goenka 2.28 RPG Group 59
69 Sunil Vaswani 2.25 Stallion Group 54
70 Jitendra Virwani 2.2 Embassy Property Development 51
71 Leena Tewari 2.19 USV India 60
72 Kiran Mazumdar-Shaw 2.16 Biocon 64
73 Sanjiv Goenka 2 RP-Sanjiv Goenka Group 56
74 Lachhman Das Mittal 1.98 Sonalika Group 86
75 Murli Dhar & Bimal Gyanchandani 1.96 RSPL NA
76 Mofatraj Munot 1.95 Kalpataru 72
77 Murali Divi 1.94 Divi's Laboratories 66
78 Ramesh Juneja 1.92 Mankind Pharma 64
79 Anurag Jain 1.91 Endurance Technologies 55
80 Ranjan Pai 1.9 Manipal Group 44
81 Vikas Oberoi 1.87 Oberoi Realty 47
82 Ravi Jaipuria 1.84 RJ Corp 62
83 Salil Singhal 1.83 PI Industries 70
84 N.R. Narayana Murthy 1.82 Infosys 71
85 Nirav Modi 1.8 Firestar Diamond 46
86 Rajju Shroff 1.77 UPL 83
87 Sunder Genomal 1.75 Page Industries 63
88 Dinesh Nandwana 1.72 Vakrangee 54
89 Nandan Nilekani 1.71 Infosys 62
90 Radhe Shyam Agarwal 1.64 Emami 72
90 Radhe Shyam Goenka 1.64 Emami 71
92 Senapathy Gopalakrishnan 1.61 Infosys 62
93 Satish Mehta 1.6 Emcure Pharmaceuticals 66
94 Shamsheer Vayalil 1.57 VPS Healthcare 40
95 Shyam & Hari Bhartia 1.56 Jubilant Group Shyam,64, Hari,60
96 Anand Mahindra 1.54 Mahindra & Mahindra 62
97 Reddy family 1.53 Dr. Reddy's Laboratories NA
98 Arvind Poddar 1.48 Balkrishna Industries 59
99 Vijay Shekhar Sharma 1.47 Paytm 39
100 Rana Kapoor 1.46 Yes Bank 60




Significant drop outs in the list, from the list of Last year are the Ruias of Essar and the Guptas of Lupin. You never know, they may get back into the List  an year or two later. All Pharma companies are somewhat down right now including Dilip Sanghvi of Sun Pharma. But, Pharma will come up in a year or two - in my opinion.

Significant New Entrants are (1) Acharya Balakrishna of Patanjali Ayurved and (2) Sameer Gehlout of India Bulls Group. Acharya Balakrishna has shot into the Group with the stupendous reputation enjoyed by  Patanjali products. It would be interesting to watch its progress year after year.

If you look at No.1 and No.2, the difference in their wealth is exactly 100%. 38 Billions of Mukesh Ambani Vs 19 of Azim Premji . 

Business Success depends on lots of Initiative and some amount of luck too perhaps. And, Fortune favours the Brave. Admittedly, nobody in India has undertaken the sort of initiative that Mukesh Ambani has undertaken - especially in his Telecom Venture of Jio. But, in my opinion, he needs to be very cautious in promoting Chinese mobiles or any other Chinese Apps in JIO. Let JIO be qualitatively the BEST.

Radhakishan Damani has shot into the list at No.12, with the Listing of Avenue Supermarts (or D Mart) and shooting up of its share price nicely. Rakesh Jhunkhunwallah considers him as his Guru. Rakesh is now at 54.

Aurobindo Pharma is promising...and promising...its R&D is impressive. But, it is not translating into impressive Sales and Profits. Some day,it will meet investors' expectations. When?

Indian Pharma companies must do something qualitatively far superior to all others - and become the world's BEST and most sought after. They can. They must come up with the world's Best Ideas and Best Products in Health care. Currently , they are following the Beaten Track.

Indian Software Companies, Wipro, Infosys, TCS, HCL tech and others - are also floundering. They are just project Managers, not product innovators.  Capability is not lacking. Initiative is lacking. When a project goes, they tend to retrench people. Why can't they use them for creating new products. 

Some time ago, Modi also said, why can't you make an Indian Google, Indian Face Book, Indian Amazon or some thing nobody ever thought of? Why not? A project Manager,however efficient, is still in the servant mode. A Product Innovator is the Master of the world. Well. Our Software Companies must come out of their Shell.

Azim Premji is doing lot of Charities. But, can Wipro come up with a product beating Windows, Oracle or Google? Your Charities are good.I appreciate that a lot. But, why does Wipro lay off some of its software professionals instead of asking them to make some of the world's best products? Why are TCS, Infosys, HCL Tech and every other Indian Software Company not even thinking of making a world's best product? Why?

There is a story doing the rounds. The US President once asked Bill gates, why are you using so many Indian software professionals from IITs etc. Bill Gates is reported to have replied that, if he does not employ them, India will be making the next Windows! Bill gates knows that Indian Entrepreneurs are yet to come out of the PROJECT MANAGER MODE. And he is safe. But, when will we do it? God knows.

The world's riches men are all product innovators, not Project Managers. I am going through the entire Indian Richest 100 list. I find NO PRODUCT INNOVATOR. The one who comes somewhat close is - Acharya Balakrishna of Patanjali Ayurved.

Well. I mean no contempt for our India's Best 100. They are our Best. No doubt. I repeat, they are our Best. I just want all of them to be the world's Best.

Good Luck to all of the Young Men and women who are aspirants to be in this List.

(v.vijayamohan)