Dalal Street Investment Journal - March 05 2019

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CONTENTS Vol. 34. No.

07 • MAR 04 - 17, 2019

52
Cover Story

Recommendations

10 Choice Scrip

12 Low Priced Scrip

14 Hot Chips

18 Analysis 06
Regulars
Editor’s Keyboard
Apollo Hospitals Enterprises 07 Company Index
The Right Prescription 08 Market View
For A Healthy Portfolio
16 Technicals

22
30 Tax Column
Special Report 59 Query Board
62 Reviews
Nifty PE Ratio And
63 Kerbside
Market Returns
Subscribers can access
the complete databank

26 Special Report
consisting of more than
3500 companies on our
website www.DSIJ.in
Retail sector : A Perfect
Communication Feature sections
Play On Consumption Story are advertorials provided by the
In India company & carried on “as is” basis.

4 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


India’s Relative Underperformance
A Short Term Phenomenon!
J
ust as things were looking good for equity markets, we have an escalated issue with our
irritating neighbours impacting the market moods. If you note, India has underperformed
heavily so far on a YTD basis. Nasdaq, Dow Jones Industrial Average, Hang Seng, Nikkie,
Shanghai and CAC 40 are all up by more than 10 per cent on a YTD basis, even as Sensex is
marginally down by 0.11 per cent. I definitely do not belong to that camp which believes that this
underperformance is going to continue too long. Two things should happen to reduce the gap
between the performance of India and these countries. Either the global markets correct and Sensex
stays flat, or the global markets remain flat for the rest of the year and the Sensex does the catch up.
I think the Sensex will do the catching up as I see no reason for the global markets to correct
sharply. I believe markets are not in a mood to move sharply in either direction, yet.

The earnings season has done no major damage to the investors’ confidence, but at the same time, it
has not done enough to cheer them up. We have discussed earnings at length in our cover story in
this issue. Across the board, the stress on profitability is visible. The sales have grown, but the profits
have not grown in tandem. Do go through our observations and let us know if we have simplified
enough the Q3FY19 results for you.

The Nifty PE levels and the expected market returns are always considered before taking investment
decisions. In one of our special stories in
this issue, we have delved deeper into
how the market has performed at
various P/E levels. The story is very
interesting and we are sharing with you
all our insights in this special story. Do
share your feedback on the story.

The prospects of the retail sector and the


increasing consumption in India are
intertwined. We thought it is an
opportune time to share our views on
the sector that promises so much and
contributes actively to the Indian growth
story. Indeed, no growth investor can
ignore the prospects of investing in a
sector that is expected to clock growth of
20 per cent CAGR in the coming years.

Right now, investors need not get into action mode and take any hasty decision. It is time to rethink
the investment strategy and identify the broader theme that may be at play currently. The portfolio
strategy has to be accommodative of stocks that have posted excellent results in Q3FY19 and
promise to repeat the performance in the coming quarters. Banks did well this quarter, so did
certain specialty chemicals stocks. You may not get a better time and opportunity than this to
restructure your portfolio. Also, use this time to identify quality stocks with scalable business
models and are operational in those industries which promise to show decent growth.

V B PADODE
Editor-in-Chief

6 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


facebook.com/DSIJin twitter.com/DSIJ

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enquiry@dsij.in linkedin.com/in/DalalStreetInvestmentJournal

Vol. 34. No. 07 • MAR 04 - 17, 2019

Founder & Editor-In-Chief


V B Padode
Subscription & Customer Service
Utkarsh Sawale, Mayank Dubey Build A Diversified Portfolio
Editors Compliances and Internal Audit The elections are around the corner. Which sectors’ stocks could I add to
Prakash Patil - Chief Copy Editor Arvind Manor
Gayathri Udyawar - Copy Editor my portfolio to get better gains post the elections?
Marketing & Sales
Farid Khan - AVP - Virendra Kumar
Deputy Editors
Yogesh Supekar Mumbai:
Shashikant Singh Anand Chinchole - Manager Editor Responds: Thank you for writing to us. We strongly recommend
Namit Kawa - Manager
Research you to build a diversified portfolio with top quality 4-5 stocks from each of
Delhi:
Neerja Agarwal - VP
Lokesh Sharma - Sr. Manager
the 4-5 sectors that you are bullish on. Build a portfolio for the next five
Karan Bhojwani - Sr. Manager years and ignore any short term volatility. The election results will have an
Dipendra Kumar - Manager
Apurva Joshi - Analyst
Amir Shaikh - Senior Associate
impact on the stock prices, but only in the short term. We have positive
Domain Experts
Nidhi Jani - Senior Associate outlook on FMCG, speciality chemicals, healthcare, IT and retail sectors.
Hemant Rustagi
Graphics Jayesh Dadia
Vipin Bendale

Recommendations
DSIJ Private Limited Company/Scheme Reco. Price (`) Column Page No

AIA ENG l Buy 1723.65 Hot Chips 14

Managing Director Apollo Hospitals Enterprises l Buy 1157.15 Analysis 18


Rajesh V Padode
Bajaj Auto l Buy 2851.50 Kerbside 63
For Customer Service
020-49072626 OR  service@DSIJ.in Dalmia Bharat Sugar l Buy 116.85 Kerbside 63
Mumbai Office Dhanuka Agritech l Exit 401.65 QueryBoard 59
419-A, 4th Floor, Arun Chambers, Tardeo, Next to AC Market
Mumbai - 400034 022-43476012/16/17 Divis Laboratories l Buy 1619.70 Kerbside 63
Pune Office
C-305, 3rd Floor, Trade Center, North Main Road, Near Axis Bank, Dwarikesh Sugar l Hold 26.90 QueryBoard 59
Opposite Lane no. 6, Koregaon Park, Pune - 411001
020-49072600 Edelweiss Fin. Services l Hold 141.05 QueryBoard 61
KEI Industries l Buy 327.95 QueryBoard 60
Delhi 8076878278
Manappuram Finance l Buy 112.90 Technicals 17
Meghmani Organics l Exit 50.35 Reviews 62
NIIT Technologies l Buy 1318.00 Technicals 17
To advertise, mail us on ads@dsij.in
Printer and Publisher: Nitin Sawant, Editor: V B Padode for DSIJ Pvt Ltd. Oricon Enterprises l Hold 25.25 Reviews 62
on behalf of Achievements Merchandise Pvt Ltd. Printed at RMOSS Prints
Pvt. Ltd., C/449, MIDC Pawane, TTC Area, Near Mayur Cold Storage, Prakash Industries l Buy 91.25 Low Priced Scrip 12
Turbhe, Navi Mumbai -400708 and published from 419-A, 4th Floor,
Arun Chambers, Tardeo, Next to AC Market, Mumbai - 400034 REC Ltd l Buy 134.35 Hot Chips 14
 All rights reserved.  While all efforts are made to ensure that the
information published is correct and up-to-date, Dalal Street Investment Reliance Power l Exit 10.80 QueryBoard 60
Journal holds no responsibility for any errors that might occur. All
material contained herein is based on fundamental and technical analysis
and other in-house methods, which though reliable, are not infallible. The Sobha l Buy 430.75 Kerbside 63
information given in the magazine is of an advisory nature. Readers are
advised to consult experts before taking any investment decision and Dalal Titan Company l Buy 1040.30 Choice Scrip 10
Street Journal holds no responsibility for any losses that may arise due to
investment decisions made on the basis of information given within the Trent l Hold 324.00 QueryBoard 61
magazine. No reproduction is permitted in whole or part without written
consent from Dalal Street Journal  All disputes are subject to the
exclusive jurisdiction of competent courts and forums in Mumbai only.
BP - Book Profit • BPP - Book Partial Profits • BL - Book Loss
 Dalal Street Investment Journal is a member of INS/ABCs.

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 7


Market Watch
Market May Remain Range-Bound As Testing Times Loom Ahead

F
ebruary started off with the output in the open market for end the two major economies. The French
exuberance from a positive purposes other than fuel, thereby CAC 40 was up 5.12 per cent, German
Union budget, but plunged into making these mines attractive for DAX was up 5.05 per cent and UK’s FTSE
the sorrow of the casualties in bidders from the cement and steel 100 was up 1.52 per cent. Asian markets
the Pulwama attack, followed by industry. For the realty sector, the GST cheered the delay in trade sanctions and
the uncertainty about India’s response to Council cut GST rates applicable on the Shanghai Composite promptly rose
the attack. In an apt sign-off to a busy under-construction houses and by 6.22 per cent, followed by Japan’s
month ahead of the general elections, affordable housing segment from the Nikkei which was up 5.37 per cent and
Indian Air Force jets reportedly bombed existing 12 per cent and 8 per cent to 5 Hing Kong’s Hang Seng was up 3.11 per
terrorist camps in Pakistan-occupied per cent and 1 per cent, respectively. cent during the fortnight.
Kashmir. In the midst of this emotionally
charged environment, Indian benchmark The trading data for the fortnight Trump’s tweets this week served as a balm
indices lost their steam even while their showed that FIIs were in a flight mode to the ailing global economy. He tweeted
global peers partied. ahead of the general elections. FIIs were that his country and China have made
net sellers to the tune of Rs. 2835.55 substantial progress in trade talks and
The benchmark indices BSE Sensex and crore, while DIIs were net buyers with an that he will be delaying the increase in US
Nifty50 lost 1.85 per cent and 1.39 per cent, inflow of Rs. 4967.35 crore during the tariffs. He also confirmed plans to meet
respectively, during the fortnight. The other fortnight. China’s President Xi Jinping. With Trump
broader indices followed suit and the BSE also warning OPEC against hiking crude
Mid-cap and BSE Small-cap lost 1.11 per Internationally, the global indices were prices, Brent crude futures dipped to
cent and 1.02 per cent, respectively. This upbeat during the fortnight with the US trade at US$64 per barrel at the end of the
damage to the broader indices can be President Donald Trump giving hints of fortnight.
attributed to the correction seen in the a possible breakthrough in the US-China
valuation of stocks that reported weak to trade talks. During the fortnight, all With India’s ongoing retaliatory
lacklustre results for Q3FY19. three major US indices, Dow Jones campaign against terrorism, the markets
Industrial, S&P 500 and the tech index might be heading into testing times and
The earnings season also showed its Nasdaq were up more than 3 per cent. are expected to remain range-bound in
impact across sectors. The sectors which The European indices reacted mixed to the near term. DS

saw selling pressure were IT, FMCG, auto the diffusion in trade tension between
8th Feb 22nd Feb Gain/Loss
Indices
2019 2019 (%)
Dow Jones Ind 25,106.33 26,031.81 3.69
S&P 500 2,707.88 2,792.67 3.13
NASDAQ 7,298.20 7,527.54 3.14
FTSE 100 7,071.18 7,178.60 1.52
DAX 10,906.78 11,457.70 5.05
CAC 40 4,961.64 5,215.85 5.12
Hang Seng 27,946.32 28,816.30 3.11
Nikkei 20,333.17 21,425.51 5.37
Shanghai 2,639.96 2,804.23 6.22

and banking. The BSE IT, BSE FMCG, Performance Of Indices Net Investment In Equity Markets (`/Cr)
BSE Auto and Bankex indices were down 08th Feb 22nd Feb Gain/Loss Date FIIs DIIs
by 3.29 per cent, 2.05 per cent, 1.77 per Indices 22-Feb-19 -337.61 838.88
2019 2019 (%)
cent and 1.49 per cent, respectively, while Sensex 36,546.48 35,871.48 -1.85 21-Feb-19 1282.88 202.1
the BSE Metal index appreciated the most Nifty 10,943.60 10,791.65 -1.39 20-Feb-19 -1558.65 113.27
and was up by 3.93 per cent, followed Mid-Cap 14,328.81 14,169.74 -1.11 18-Feb-19 -2669.83 2336.74
BSE Realty and Power indices which rose Small-Cap 13,656.75 13,517.71 -1.02 15-Feb-19 -671.59 853.25
by 2.78 per cent and 1.82 per cent during Auto 18,943.57 18,608.14 -1.77
14-Feb-19 -856.35 1225.24
the fortnight. These sectors were aided by Bankex 30,546.58 30,091.92 -1.49
13-Feb-19 1169.6 713.1
the positive policy changes made by the FMCG 11,582.21 11,344.28 -2.05
central government. The metal and power 12-Feb-19 -404.84 -122.64
IT 15,624.07 15,110.63 -3.29
stocks benefited from the government’s Metal 10,266.29 10,669.97 3.93 11-Feb-19 811.91 -232.55
decision to allow captive coal mine Power 1,781.58 1814.02 1.82 08-Feb-19 398.93 -960.04
owners to sell 25 per cent of their Realty 1,768.66 1,817.78 2.78 Total -2835.55 4967.35

8 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Recommendations Equity
The persistent retail network roll-out
Titan Company during the year has resulted in the retail
network crossing the 2 million sq. ft. mark
during the quarter. The company has

EMBELLISH YOUR PORTFOLIO WITH TITAN COMPANY made further provision of `70 crore
towards its investments in inter-corporate
deposits in the IL&FS group, thereby
bringing the cumulative provision to `99
HERE IS WHY crore of the total exposure of `145 crore.
Positive performance across segments The company’s dividend has been
growing at a 10-year CAGR of 23 per cent.
Steady dividend growth

T
Promising outlook for Q4FY19 The management stressed that sales
growth observed in January was a touch
itan Company Ltd. is a JV below their internal target (17 per cent to
between the Tata Group and 18 per cent revenue growth) because of
the Tamil Nadu Industrial certain advancement of purchases during
Development Corporation the company’s successful gold exchange
(TIDCO). It operates across programme that ended in December
the segments of watches & accessories, 2018. However, it anticipates a resilient
jewellery, eyewear and others. revenue trajectory in March 2019 with an
anticipated growth of 20 per cent to 22 per
On the consolidated front, the total cent for Q4FY19. Furthermore, the
Best of LAST ONE Year
income from operations rose to `5,871.49 management has maintained its revenue
Name of Reco Exit/CMP Absolute Annual
crore in Q3FY19 from `4,274.84 crore in Company Price Price (`) Gains Returns growth guidance of 22 per cent for FY19E.
Q3FY18, posting a growth of 37.34 per (`) (%) (%) After experiencing five successive years
cent. The company reported EBITDA of Balkrishna Ind. 1079.8 1317.85 22.05 417.79 of single digit revenue growth, the
`591.20 crore in Q3FY19 as against Tata Metaliks 667.8 826.2 37.93 89.89 watches division witnessed a noteworthy
`422.42 crore in Q3FY18, registering a Colgate-Palmolive (I) 1051.65 1231 17.5 77.78 improvement with approximately 17 per
growth of 39.95 per cent. EBITDA margin PFC 122.6 147.6 20.39 64.96 cent revenue growth for 9MFY19. While
stood at 10.06 per cent in Q3FY19 in Symphony 1429.8 1672 16.94 64.19 strong growth was seen across all
comparison to 9.88 per cent in Q3FY18. channels; modern retail formats and
Net profit rose to `413.19 crore in Q3FY19 cent. The watches segment showcased 18 e-commerce performed exceedingly well.
from `287.96 crore in Q3FY18, posting a per cent YoY revenue growth to `646.6
growth of 43.48 per cent. EPS climbed to crore. The eyewear division too posted 43 The company received institutional
`4.65 in Q3FY19 from `3.17 in Q3FY18. per cent YoY revenue growth to `129.5 orders of `200 crore during the quarter.
crore. The EBIT margin for the jewellery Its balance sheet is virtually debt-free and
The jewellery division emerged as the segment expanded 290 bps YoY to 12.9 is generating healthy return on capital
best performer for the quarter ended per cent as gross margins improved and employed (RoCE) of over 30 per cent.
December 2018 as it reported the highest the impact of positive operating leverage Moving forward, Titan’s aggressive foray
ever quarterly revenues of `4,997 crore, started to register. Contrarily, the EBIT into the wedding space is estimated to
posting a YoY growth of 37 per cent. margin for the watches segment halved augment asset turnover and return ratios.
Tanishq posted 27 per cent YoY sales to 6.8 per cent as the company incurred By virtue of these factors, we recommend
growth with grammage growth of 19 per substantial marketing expenses. our reader-investors to BUY this stock. DS

Note: The stocks recommended under this section are fundamentally strong stocks. However investors are advised to wait for the correct opportunity
to enter these stocks considering the market sentiment right now.
Monthly Stock Market Returns Shareholding Pattern Last Five Quarters (`/Cr)
20
BSE Code: 500114 as of Dec. 2018 Dec-18 Sep-18 Jun-18 Mar-18 Dec-17
15
CMP: `1040.30 FV: `1
BSE Volume: 60731 Total Income 5871.49 4567.23 4451.03 4107.22 4363.08
10 Promoters 52.91
Date: 26/02/2019 Other Income 62.62 27.9 36.13 18.47 21.32
5

0
Public 47.09 Operating Profit 653.82 496.82 519 453.94 443.74
Apr-18

Feb-19
Sep-18

Nov-18
Jun-18

Dec-18
Jul-18
Mar-18

Interest 15.67 13.49 10.89 16.71 10.92


Oct-18
Aug-18

Jan-19
May-18

-5
Others --
-10 Net Profit 411.15 302.81 328.62 306.29 281.98
-15 Total 100 Equity 88.78 88.78 88.78 88.78 88.78

10 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Recommendations Equity
first time ever. The quarterly sales
Prakash Industries volume of 2,57,484 tonnes registered a
growth of 22 per cent YoY. The higher

STEEL YOUR GAINS WITH PRAKASH INDUSTRIES


capacity utilisation and operational
efficiencies triggered by modernisation
and enhancement initiatives were
responsible for the improvement in
performance.
HERE IS WHY
Towards the end of the present quarter,
Positive financial performance
the company will finish its sixth sponge
Good growth prospects iron rotary kiln project, which will result
in additional capacity creation of 2 lakh
Improving operational efficiencies

P
tonnes per annum along with 15 MW
waste heat power co-generation.
rakash Industries (PIL) is one Furthermore, it received stage-I approval
of the largest integrated steel for diversion of revenue forest land for
manufacturers in India. It its Sirkaguttu iron ore mine in Odisha.
operates across diverse Upon receiving final clearances, PIL is
segments such as power and PRICED SCRIP likely to commence mining operations
steel, mining, PVC pipes, packaging in the ongoing quarter.
and wind power. It has established Best of LAST ONE Year
facilities to manufacture wire rods, HB Name of Reco Exit/CMP Absolute Annual
During the nine months ended December
wires, TMT bars, structurals, PVC pipes Company Price Price (`) Gains Returns 2018, the sales volume of PVC pipes
& fittings and flexible packaging. (`) (%) (%) business registered a growth of 12 per cent
National Fert. 61.30 78.00 27.24 350.22 YoY. On the back of rising demand and
On the standalone front, the total income Gufic BioSci. 78.70 95.10 20.84 288.55 realisation in finished steel, PIL has
from operations stood at `1,025.81 crore Jamna Auto Ind. 77.15 96.75 25.41 254.10 modernized its fourth rolling mill at
in Q3FY19 as against `725.97 crore in Virinchi 88.00 110.00 25.00 225.00 Raipur, Chhattisgarh. This was done with
Q3FY18, posting a growth of 41.30 per Amines & Plasti. 68.00 81.00 19.12 167.88 the hope of enhancing the production of
cent. EBITDA rose to `206 crore in value-added products like wire rods. The
Q3FY19 from `152 crore in Q3FY18, YoY growth of 66 per cent. The net profit steel prices have risen worldwide since last
registering an increase of 35 per cent. Net of the company jumped by 89 per cent fortnight. Thus, the company too raised its
profit climbed to `141.32 crore in YoY to `439 crore. In FY17-18, the steel prices by more than `3,000 per tonne,
Q3FY19 in comparison to `101.35 crore company registered Return on Equity which is nearly 8 per cent more than the
in Q3FY18, thereby rising 39.44 per cent. (RoE) of 14.11 per cent, Return on previous price.
Consequently, EPS soared to `8.64 in Capital Employed (RoCE) of 14.09 per
Q3FY19 from `6.68 in Q3FY18, thereby cent and Return on Assets (RoA) of Overall, the government's thrust on
surging 29.34 per cent. On an annualized 9.92 per cent. Total debt/equity stood at agriculture and infrastructure
basis, the nine-month EPS works out to 0.26x and EV/EBITDA multiple stood at development through initiatives like
be `36.56. During the nine months ended 5.58x. Housing for All by 2020 bodes well for
December 2018, PIL registered net sales the steel industry and the company as a
of `2,962 crore, posting a YoY growth of The quarter ended December 2018 is a consequence. By virtue of these factors,
46 per cent. The EBITDA for the period milestone quarter as the company crossed we recommend our reader-investors to
was recorded at `639 crore, reflecting a the `1,000 crore net sales mark for the BUY this stock.

Note: The stocks recommended under this section are fundamentally strong stocks. However investors are advised to wait for the correct DS

opportunity to enter these stocks considering the market sentiment right now.
Monthly Stock Market Returns Shareholding Pattern Last Five Quarters (`/Cr)
20.00 BSE Code: 506022 as of Dec. 2018 Particulars Dec'18 Sep'18 Jun'18 Mar'18 Dec'17
CMP: `91.25 FV: `10 Total Income 1025.81 950.31 985.42 910.45 725.97
10.00 BSE Volume: 84,160 Promoters 39.30
Date: 26/02/2019 Other Income 3.49 1.99 1.64 6.51 1.51
0.00
Public 60.70 Operating Profit 205.57 192.01 241.91 210.35 152
Apr-18

Feb-19
Sep-18

Nov-18
Jun-18

Dec-18
Jul-18
Mar-18

Oct-18
Aug-18

Jan-19
May-18

-10.00
Interest 27.8 26.84 21.24 25.48 18.9
Others --
-20.00
Net Profit 141.32 130.73 168.68 152.11 101.35
-30.00 Total 100 Equity 163.35 163.35 156.88 156.88 152.61

12 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Recommendations Equity
AIA ENG CMP - `1723.65

BSE CODE Volume Face Value Target Stoploss


532683 1,827 `2 `1860 `1605 (CLS)

A
Scrip’s Movement
IA Engineering is engaged in the 1,720.00

business of designing, developing, 1,700.00

manufacturing and installing and 1,680.00


1,660.00
servicing of high chromium wear, 1,640.00

corrosion and abrasion resistant parts. 1,620.00

These products are mainly used by


1,600.00
1,580.00

cements, mining and thermal power 1,560.00

generation industries. The company 1,540.00


25-Jan 05-Feb 18-Feb 26-Feb
produces a range of high chrome mill 2019

internals, which are used as wear parts in Last Seven Days’ Volume Table
the process of crushing/grinding in the (No. of Shares)
cement, mining, utility, thermal power
Days Volume
and aggregate industries. On the
quarterly financial front, the company 18-Feb 641
has posted 27 per cent YoY growth in net 19-Feb 734
20-Feb 386
sales to reach `700.20 crore in Q3FY19.
21-Feb 428
The PBIDT came in at `165.23 crore in
22-Feb 1,375
Q3FY19 as against `126.86 crore,
25-Feb 560
depicting a 30 per cent growth YoY. The
26-Feb 1,827
PAT expanded marginally by 10 per cent
YoY to `129.22 crore in Q3FY19 as shares of the company look attractive and
against `116.52 crore in the correspond- with the company's strong financials we
The scrips in this ing quarter of the previous year. The recommend a BUY.
column have been
recommended
REC LTD CMP - `134.35
with a 15-day investment
horizon in mind and BSE CODE Volume Face Value Target Stoploss
532955 389,718 `10 `150 `121.50 (CLS)
carry high risk. Therefore,

R
investors are advised to Scrip’s Movement EC Limited is engaged in financial
services and activities such as credit
take into account their risk
140.00

135.00 granting. The company provides


appetite before investing, 130.00 finance to the power sector. It finances and
as fundamentals may 125.00 promotes rural electrification projects all over
the country. It provides financial assistance to
or may not back the 120.00

115.00 state electricity boards, state government


recommendations. 110.00 departments and rural electric cooperatives
105.00 for rural electrification projects sponsored by
25-Jan 05-Feb
2019
18-Feb 26-Feb
them. It provides loan assistance to state
power utilities for investments in rural
electrification schemes. On the consolidated
financial front, the company witnessed a
Last Seven Days’ Volume Table growth of 28.78 per cent to `7,252.24 crore in
(No. of Shares)
Q3FY19 from `5631.6 crore in the same
period of the previous year. The PBIDT of the
Days Volume
company increased by 23 per cent YoY and
18-Feb 3,97,955 came in at `5,908 in Q3FY19. The TTM EPS
19-Feb 4,33,579 stood at `27.05. The company was trading at a
20-Feb 2,93,333 PE of 4.93x on its TTM earnings, as against
21-Feb 3,27,052
the industry PE of 5.59x. Looking at the
22-Feb 4,85,134
attractive valuations and considering that the
25-Feb 4,58,491
stock may perform well on the bourses, we
26-Feb 3,89,718
(Closing price as of Feb 12, 2019) recommend a BUY DS

14 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Technicals Equity
NIFTY Index Chart Analysis
Nifty's breakout above 10985 or below 10585 to pave directional movement

D
omestic stock markets Roadmap for the next 15 trading sessions
bounced back from the Ideas Nifty Levels Action to be Initiated Probable Targets

crucial support level and Resistance for the medium term 10985-11100
Close above 10985 on the on monthly closing basis
11300 - 11400
would give further momentum to the bulls.
settled on a positive note.
Markets are still trading within the range Close below 10585 on the weekly chart would change
Support for the medium term 10690 - 10585 10000 and lower
the trend and trigger a retreat.
since last four months. Nifty continued to
fluctuate within October’s trading range mid-caps, let us wait for the large-caps to days above the 10,985 level, there are
for the fourth consecutive month, which lead the market. Let us hope this time the chances for the index to reach 11,110. It
is an exceedingly long consolidation benchmark Nifty-50 also bounces from is also a recent failure breakout level.
phase, where the stock-specific activity is the consolidation mode. Only above this, the Nifty can look at the
driving the market. This time the attempt target of 11300-11400. If this becomes a
may be fruitful after five failed attempts On Monday, Nifty reclaimed the reality, then we can say that more
to crack the resistance on a weekly 50-DMA and closed above the 200-DMA positives are in the pipeline. But in case
closing basis. The advance-decline ratios after 8 trading sessions. But the 200- Nifty fails to move above 10985 and
have been better since last four trading DMA is absolutely flat and has lost its remains below the 10850 level for a week,
sessions, which is also a good sign for the curving nature as a trend indicator. This it can once again re-test or break the

market. The small-caps have rebounded oscillation in and around the 200-DMA support of 10585. If Nifty remains within
from the critical support level. in a consolidation phase is not giving and this range (10585-10985), we can expect
Historically, the small-cap and mid-cap decisive signal. The Directional market to consolidate some more time.
indices bounced after 13 months in 2008 Movement Index is still not showing any The expected either side breakout will
and 2012. This time too, after a 13-month strength in a trend as ADX and +DI is lead to a sharper move up or down. The
fall, the indices are bouncing still below the -DI on the daily chart. The positional trader will have to wait for the
convincingly, and they have already MACD is about to a crossover the zero breakout and take a position accordingly.
retraced more than 23% from the recent line, which is a positive signal. In every A breakout above 10985 sustaining for
swing low. In the five trading sessions, dip, the market is finding support with two days will mean Nifty will reach
both the indices have recorded a gain of renewed buying interest. Let us watch 11110 and above. Or if it violates the
around 5%. Even the much broader index whether this latest buying interest since 10585 level on the downside, it will go
Nifty-500 is also outperforming in the the last three trading sessions can lead to down sharply to 10000. Hence, you need
overall market. With these pieces of a breakout above the resistance area. If to strategise your self with strict risk
evidence of a pick-up in small-caps and Nifty is able to sustain for at least two management.

16 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


STOCK RECOMMENDATIONS

NIIT TECHNOLOGIES ....................... BUY ................. CMP `1318.00


BSE Code : 532541 Target 1 .... `1380 | Target 2 ..... `1425 | Stoploss....`1270(CLS)
NIIT Technologies Ltd is currently trading at `1318. Its
52-week high and low stand at `1425 /`820.80 made on
September 3, 2018, and February 26, 2018, respectively.
After registering 52-week high, the stock witnessed
correction. The correction was arrested near 38.2%
retracement of the prior uptrend. On the weekly chart,
it formed a cup and handle pattern with 27.69% depth
and in the last 25 weeks. Now, it is just 2% below the
pivot and volumes are reasonably good. The 14-period
RSI took support at 44 level historically many times and
this time also it bounced exactly from the same level. It
is trading much above the 20-day, 50-day and 200-day
daily moving averages. The handle is forming in a tight
range of just 6%. Due to the narrow range, the Bollinger
Bands have contracted, which indicates an early signal
of a bigger move. This stock can be bought at CMP of
`1316.25 with stop loss of 1270. The targets can be in
the range of `1380-`1425.

MANAPPURAM FINANCE .................. BUY ..................... CMP `112.90


BSE Code : 531213 Target 1 ..... `130.45 | Target 2 ..... `148 | Stoploss....`98 (CLS)
Gold loan focused NBFC Manappuram Finanace is
currently trading at `112.90. Its 52-week high and low
stand at `130.45/66.40 made on May 9, 2018 and Oct. 8,
2018 respectively. After making 52-week high, it broke
88-week rising wedge pattern and retraced up to 61.8%
of the prior uptrend. It is trading at short-term and
long-term moving average and the golden crossover
happened three weeks back. The leading indicator RSI
valued at 67.64 is in super bullish zone. The ADX and
+DI is above the -DI, which indicates positive strength
in the stock.

The MACD is also above the zero line and signal line.
Since last two days, the price consolidation with small
body candles on top means taking some rest before taking
further upmove. Buy this stock at the current market
price with a stop loss of `98. The immediate target is
`130.45. Once it clears the previous 52-week high of
`130.45, it can reach `148 in the short term. DS

*LEGEND: n EMA - Exponential Moving Average. n MACD - Moving Average Convergence Divergence n RMI - Relative Momentum Index
n ROC - Rate of Change n RSI - Relative Strength Index (Closing price as of Feb 26, 2019)
Disclaimer : Above recommendations are based on various technical parameters and any fundamental input has not been considered for the recommendations. Follow strict stop loss for the recommendation.

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 17


Analysis Equity

Apollo Hospitals Enterprises

THE RIGHT PRESCRIPTION


FOR A HEALTHY PORTFOLIO

A
presence. The company has 69 hospitals
Apollo Hospitals Enterprises under operation with a capacity of over
Ltd. is one of Asia’s most 9800 beds, over 8500 operational beds
integrated healthcare and over 3270 pharmacy stores. Out of
service providers. Apollo the 69 hospitals under operation, the
has the largest hospital company owns 43 of them, 21 are
network and the largest daycare centres and five are managed by
pharmacy chain in India. the company. The number of owned
The company enjoys a beds by the company has risen by 8.2 per
significant presence across the cent CAGR for the period FY05-FY18.
India’s fast progress in setting up quality healthcare ecosystem, namely,hospitals, The company’s health insurance service
infrastructure, skilled doctors, lower cost pharmacies,diagnostic clinics called Apollo Munich Health Insurance,
andprimary care, etc. The company which is a joint venture along with
of treatment and government policies derives its standalone revenues from two Munich Re in which the company holds
make it an attractive prospect for medical broad segments, namely, hospitals and approximately 51 per cent stake, has over
tourism. pharmacies. The consolidated financials 160 offices in the country. Apollo Health
for the company also include other & Lifestyle Ltd comprises of Apollo
The company has opened 14 new reporting segments like Apollo Munich Clinics, Apollo Sugar, Apollo Day
Health Insurance, Apollo Health & Surgery Centres and Apollo Cradle.
hospitals in the last 4-5 years and Lifestyle Ltd, which is the company’s
as these hospitals mature, topline retail healthcare business and revenues INDUSTRY
and EBITDA margin is expected to from other joint ventures and The demand for healthcare services in
subsidiaries. India is expected to rise on the back of
improve.The strong growth at new favourable demographics and the private
hospitals as well as Apollo Health & The company is the leader in the hospital sector players could be well-positioned
Lifestyle Ltd is expected to aid sales segment by business span, breadth of to take advantage of this opportunity,
service offerings and geographical given the low contribution of
growth in the future.

18 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Apollo Hospitals Enterprise Ltd. FORM IV (See rule 8)
BSE Code : 508869 CMP - `1157.15 DALAL STREET INVESTMENT JOURNAL
Place of Publication Mumbai
Particulars Amount (` Crore) Periodicity of Publication Fortnightly
Net Sales 8032.47 Printer’s Name Nitin Nathuram Sawant
% Change 15.67% Whether Citizen of India? Yes
(If foreign, state the county of origin) Not Applicable
Operating Profit 981.83 Address 419 – A, Arun Chamber, 4th Floor, Next to Air
% Change 22.41% Conditioned Market, Tardeo, Mumbai – 400 034
Net Profit 285.71 Publisher Name Nitin Nathuram Sawant
Whether Citizen of India? Yes
% Change 28.87%
(If foreign, state the county of origin) Not Applicable
Equity 69.56 Address 419 – A, Arun Chamber, 4th Floor, Next to Air
EPS (`) 20.54 Conditioned Market, Tardeo, Mumbai – 400 034
Editor Name Vijaysingh Balchandji Padode
FV (`) 5.00
Whether Citizen of India? Yes
CMP (`) 1157.15 (If foreign, state the county of origin) Not Applicable
P/E (x) 55.8 Address 419 – A, Arun Chamber, 4th Floor, Next to Air
Dividend Yield (%) 0.44 Conditioned Market, Tardeo, Mumbai – 400 034
Name and address of Individuals Who OWNER
Book Value (`) 274.30 own the newspaper and the partners of Achievements Merchandise Private Limited
(Trailing Four Quarter Data) Date Feb 26, 2019 shareholders holding more than one 31 – A, Noble Chambers, 4th Floor, Janmabhoomi
percent of the total capital Marg, Fort, Mumbai – 400 001
SHAREHOLDERS
government spending and superior New Bonanza Impex Private Limited
quality of service. Healthcare is 31 – A, Noble Chambers, 4th Floor, Janmabhoomi
becoming one of India’s largest Marg, Fort, Mumbai – 400 001
businesses. According to the
government’s India Brand Equity I Nitin Nathuram Sawant hereby declare that the particulars given are true to the best of my
knowledge and belief.
Foundation, the hospital industry is
projected to more than double in size to
$133 billion over the next four years. Date : 25.02.2019 sd/- Nitin Nathuram Sawant
PUBLISHER
The population of working people
between the age group of 45-60 years is of treatment and government policies these hospitals mature, topline and
expected to be 29 per cent in 2026 as make it an attractive prospect for EBITDA margin is expected to improve.
against only 22 per cent in 2011.An medical tourism. The total foreign The strong growth at new hospitals as
increase inpatient volumes is expected medical tourists have more than doubled well as Apollo Health & Lifestyle Ltd is
due to the growing communicable during the period 2012-2018.Medical expected to aid sales growth in the future.
lifestyle diseases like heart problems, tourists from Middle East and North An improvement in important
cancer and diabetes. India’s share of African region as well as Europe is parameters like average revenue per
global disease burden is 20 per cent, expected to rise in the coming years. operating bed (ARPOB) due to high
while its share of healthcare occupancy, higher realisations and
infrastructure is only 6 per cent of the GROWTH DRIVERS reduction in average length of stay
global hospital beds and 8 per cent of Apollo Hospitals is well-positioned to (ALOS) due to advancement in
doctors and nursing staff.The number of take advantage of the positive prospects treatments and increase in minimally
middle/upper middle class households for the healthcare industry due to its invasive by the company is expected to
in India is expected to increase four early mover advantage, strong brand lead to an improvement in return ratios
times from 2010-2020, according to value and its demonstrated ability to for the company. All new hospitals
McKinsey Global Institute. This means balance between rapid expansion and opened by the company have broken
that the demand for quality healthcare profitability. The company has opened 14 even operationally, except for the Nashik
services is expected to jump in the new hospitals in the last 4-5 years and as hospital, which is expected to break even
coming years. Health insurance
penetration in India is also a key factor Peer Comparison- Historical returns (%)
for the healthcare service industry as it Company Name 1 Month 3 Month 6Month 1 Year 3 Year
allows for better access to quality Apollo Hospitals Enterprise -11.44 0.11 7.40 -0.71 -18.08
healthcare and awareness. Fortis Healthcare -3.44 -5.11 -7.08 -3.41 -11.25
NarayanaHrudayalaya -3.91 -19.89 -21.17 -37.56 -31.35
India’s fast progress in setting up quality
infrastructure, skilled doctors, lower cost Data as on Feb 13, 2019

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 19


Analysis Equity
Peer Comparison- Valuation
Company Name Latest Market Cap TTM PE (x) ROA (%) ROE (%) ROCE(%) EV/EBITDA(x)
Apollo Hospitals Enterprise 15952.09 55.8 0.65 1.81 7.12 21.56
Fortis Healthcare 10157.88 0.00 -11.09 -21.56 -10.57 19.72
NarayanaHrudayalaya 4013.65 125.90 2.68 5.67 9.25 27.04
Data as on Feb 13, 2019

in the coming quarter. company improved by 68bps to 12.3 per


KKR had invested `550 crore in PCR cent YoY. The healthcare services
The higher sales from existing Investments which is the holding contributed over 53 per cent of total
pharmacies as they mature and the company of Apollo Hospitals in October revenues for the last quarter, while
company’s ability to consistently add new 2013. The investment was in the form of pharmacies contributed about 47 per
stores and close non-performing ones debentures which could be converted cent.
remains one of its key strengths. The into equity shares at the end of 5 years.
company’s concerted focus on margin The promoters pledged the company’s On a QoQ basis, the revenue from
improvement, combined with shares in order to pay back KKR operations grew marginally by 3.77 per
improvement in return ratios augurs well debentures. The company clarified that it cent toRs 2169.04 crore as against
for the company’s future.The company’s plans to liquidate its majority stake in `2090.12 crore in the previous quarter.
efficient use of capital by way of lower Apollo Munich Health Insurance The profit after tax grew to `86.93 crore,
investment per bed, strong project Company Ltd to lower its debt. up 10 per cent from `78.98 crore.
execution capabilities, quick ramp-up of
new hospitals, increasing patient flow The competition to fill the huge demand- On the annual front, the company’s
and occupancy and higher utilizations of supply gap in the healthcare industry consolidated revenues came in at
key equipment and facilities suggest could lead to loss in market share for the `8243.5crore in FY18 as against
bright prospects for the company. company. The threat of government `7255.7crore in FY17, registering a
The company’s investments in industry- interference on device pricing and growth of 13.6 per cent. The company
leading healthcare offerings like increase in guarantee fees to doctors reported a profit of Rs117.42 crore in
proton treatment centre and retail remain key risks for the company. FY18, down 45.6 per cent from Rs216.0
healthcare, combined with expected Inaccurate estimation of future demand crore. The consolidated EBITDA for the
consolidation benefits on the back of could lead to low capacity utilisation company came in at `793.2 crore for
completion of a capex cycle are expected and negative operating leverage, which FY18 as against `728.6 crore in FY 17,
to aid growth. could hurt profitability. If private registering a growth of 8.9 per cent. The
hospitals are forced to implement the EBITDA margin for the company stood
The management has also indicated that PM-Ayushman Bharat scheme, it could at 9.6 per cent, down by 42 bps from 10
Apollo Health and Lifestyle Limited is bring into question the viability of per cent in FY17.
expected to break even by FY20. It has players like Apollo that are multi-
also indicated its plans to restructure the specialty hospitals that make several CONCLUSION
front-end of the standalone pharmacy investments in modern technology and The healthcare industry is expected to
business into a separate SPV, subject to incur several infrastructure and expand rapidly over the next few years in
regulatory processes in order to unlock operational costs. India. India’s healthcare services market
value in the long term. remains underpenetrated. The country’s
FINANCIALS growing middle class, rising disposable
CHALLENGES Apollo Hospital’s standalone revenue for incomes, improving healthcare
The pledging of Apollo Hospitals shares the quarter ended December 2018 came infrastructure, adoption of new
by the promoters remains an important in at `2169.04 crore, up 14.39 per cent as technology and medical tourism are all
concern for the company. The promoters’ against `1896.14 crore for the quarter exciting prospects for the future of the
pledged shares have been consistently ended December 2017. The net profit for industry. Apollo Hospitals has a large
rising over the last 6 quarters. The the company came in at `86.93 crore, up hospital network and the biggest
promoters held a total of 34.48 per cent 28.9 per cent for the quarter ended pharmacy chain in India. The company’s
in the quarter ended December 2018. December 2018 as against `67.44 crore in focus on operational excellence,
The total percentage of promoters’ shares corresponding quarter of the previous pan-India presence,superior brand value
pledged by the company stood at 74.81 year.The EBITDA for the company came and wide range of services means it is in
per cent for the quarter ended December in at `275.9crore for the quarter ended anadvantageous position to tap the
2018, up 6.95 per cent from the previous Decembe, registering a growth of 20.44 opportunity. By virtue of the above
quarter. per cent YoY.EBITDA margin for the factors, we recommend a BUY. DS

20 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Special Report

Nifty PE Ratio
and Market
Returns

N
ifty is currently close to the 11000 level.
Ever wondered if there is Although we know Nifty is close to its
all-time high, does this number on an
any relation between absolute basis tell us whether it is the
right time to invest in the market? Can
market's P/E ratio and the investors know if Nifty will keep
expected returns ? Advait moving higher from these levels or will
it collapse to new lows? Over the last
Dharmadhikari along with two decades, the index has scaled multiple peaks and also
suffered some heavy blows. Volatility is a part of the game in
the DSIJ Research Team stock markets. The Nifty price/earnings (PE) ratio is one of the
key indicators to determine overvaluation or undervaluation in
study how markets have the market. The PE ratio is a function of sentiment and
earnings. If investors feel positive about the future prospects,
performed historically at they will invest in the stock market, thereby taking the stock
prices higher. Also, if the companies deliver positive earnings
different levels of NIFTY PE growth, it means the per share value of the companies rises,
which in turn leads to more investments in those companies.
and explain how to read The index PE is calculated using the sum of market
capitalisation of all index companies divided by sum of
NIFTY P/E levels. consolidated earnings of all index companies. There are two

22 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


variations of this ratio: trailing P/E and forward P/E. The
trailing PE ratio uses the earnings of the last 12 months,
whereas the forward P/E uses earnings estimates over the next
12 months. The forward P/E is more prone to errors, therefore,
we have used the trailing P/E to analyze historical returns. The
way to interpret this number is that the index PE ratio is the
number of rupees investors in the market are willing to pay for

Source: equityfriend.com
every one rupee of collective profit made by companies in Nifty.
This number is most useful when compared with historical
numbers. PE ratio can also be a function of interest rates, as
lower interest rates means companies get to borrow funds at a
lower cost, which the market discounts in the stock prices in
anticipation of future earnings. Thus, it is important to
understand that PE ratio is a leading indicator and should be
looked at in the context of earnings and interest rates. January 2008 saw the peak of the so-called infrastructure and
real estate bull market in India. The Nifty was scaling new
heights every day, IPO market was booming and earnings
growth was strong. However the Nifty PE had crept up above
27 times. As we know now, the Nifty collapsed by over 50 per
cent causing widespread panic in the financial markets. The PE
ratio also collapsed and made a low of 10x in October 2008.
There was extreme pessimism and panic selling in the global
financial markets, but the investors who had the courage and
the cash to deploy money at this time made handsome gains as
the index delivered return of more than 75 per cent in 2009.

The below table can serve as a simple, yet handy template for
investors.
Template
NIFTY PE ratio
Valuation range Investment decision
Extremely overvalued 25 to 30 Sell
Highly valued 20 to 25 book profit and wait for lower levels to enter
Average 15 to 20 Buy or Hold
Over the past 20 years, Nifty has delivered positive returns in 15 Undervalued 12 to 15 Buy
years and negative returns in 5 years, with a CAGR of 13.4 per Extremely undervalued below 12 Screaming Buy
cent. However , investors’ returns would have varied greatly
depending upon the point of time they chose to invest in the Looking only at the average returns can be misleading as
market during the last two decades. For example, the Nifty PE market movements are not linear. Averages are made up of
ratio in January 2018 made a high of 28 times on the back some outliers on the upside and downside and also some
overoptimistic sentiments and growing SIP inflows into mutual stagnant years. This is illustrated in the below table:
funds. The year 2018 saw the Nifty deliver only 3.2 per cent 3 year analysis
returns and the broader markets suffering some serious
3Y returns Max 3Y Min 3Y Standard
damage. PE range (%) returns (%) returns (%) deviation(%)
below 12 38.7 58.1 5.9 14.6
It is said that investors must remember god in the good times
and equities in bad times. Historically, the times of maximum 12 to 15 30.7 56.6 1.6 12.4
pessimism have proven to be the greatest investment 15 to 18 17.1 48.6 -3.9 10.8
opportunities. This, of course, is easier said than done. For 18 to 21 9.3 34.6 -12.5 8.3
example, if an investor had invested Rs 100,000 in the Nifty at 21 to 24 4.4 29.5 -14.4 7.6
the end of 2002, when the PE was 14.8x, the investment amount 24 to 27 -4.2 4.8 -16.4 6.8
would have been Rs 993,374 at the end of 2018. above 27 -7.9 -0.1 -15.9 7.1

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 23


Special Report
The PE ratio and index returns have shown a strong correlation It is said that it is not intelligence in the market
historically. Investors benefitted when they invested when the
PE ratio was below 12 and suffered losses or had to endure long that makes money but temperament. The ability
periods without returns when they invested when the index to stomach volatility is one of the most
level was higher than 24. However, the index has spent time
below the PE of 12 only 1.5 per cent of the time since 1999. The
important traits of every successful investor. The
above table highlights that investors who had bought into the courage to deploy cash at the time of severe
market at a similar valuation, but at different points of time, pessimism in quality stocks at attractive
could make very different returns. While the above table is
certainly useful, basing investment decisions on only the PE valuations is a trait demonstrated by some of the
ratio would be oversimplifying the investment process and may biggest investors for wealth creation in equities.
not be an ideal way of investing. Also, trying to time the market
to catch peaks and tops is something even some of the greatest
investors struggle to achieve. India is a growing economy with The above table clearly indicates that being a contrarian when
tremendous potential to grow at a minimum of 7 per cent for there is a crisis of confidence yields handsome rewards. The
the next 10 years. We can be reasonably certain that this growth current Nifty PE stands at approximately 26 times earnings as
will be captured in the profitability of companies over a long per NSE, as against an average of 18 times. The looming general
period of time. For common investors, it is best to stay invested elections and the high valuation means the market is unlikely to
in the markets for the long term to enjoy the benefits equity has scale new heights in the immediate future, unless there is an
to offer and to outperform other asset classes. earnings surprise, which would lead to the PE getting deflated
and appear more attractive. It is also important to remember
Although buying when PE is low and selling when PE is high that the severe drawdown witnessed in 2008 was a rare event
may seem to be an obvious way, most investors are known to and a similar crash from the high valuations would be unlikely.
behave just the opposite. They tend to buy when the markets However, volatility is inevitable and informed investors will use
have been in an upswing for a while with an inflated PE. They it to their advantage. It is said that it is not intelligence in the
justify their investment decisions based on the past market that makes money but temperament. The ability to
performance. This is because investor sentiments can move in stomach volatility is one of the most important traits of every
extremes and the past is not always indicative of the future. As successful investor. The courage to deploy cash at the time of
the saying goes, history does not repeat in stock markets, it severe pessimism in quality stocks at attractive valuations is a
rhymes! trait demonstrated by some of the biggest investors for wealth
creation in equities.

The direction of the index in 2019 is difficult to predict, but


now we know when we need to adopt a more cautious approach
and when we should show the necessary courage to take action
when the opportunity presents itself. In conclusion, it is clear
that index PE and Nifty have a strong correlation, which should
help make better investment decisions. DS
Source: Capitalmind.in Data as of 2017

24 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Communication Feature Insecticides India Ltd

❝ Despite challenges,
Insecticides India delivered
impressive growth across
segments and products ❞
Rajesh Agarwal

I
Managing Director, Insecticides India Ltd

nsecticides (India) Ltd. (IIL) is a crore in Q3 FY2019, an increase of 75.1% enhanced profitability in the coming
BSE and NSE listed company on Y-o-Y basis. Our continuous focus on years.
and India's leading and one of developing innovative molecules and For 9MFY19, our operating revenue
the fast growing agrochemicals geographic expansion has resulted in a increased to Rs 993 crore from Rs 904
manufacturing company. IIL has better product mix and yielded improved crore in 9M FY2018, a growth of 9.8% on
emerged as a frontline performer margins. Y-o-Y basis. EBITDA increased by 21.4%
in India's crop care market and is all set to Rs 157 crore from Rs 129 crore as
to grow impressively. In line with our long term objective of compared to same period last year. PAT
positioning Insecticides India as a increased by 23% to Rs. 94 crore from Rs
IIL owns the prestigious Tractor brand, preferred brand of choice in the 76 crore in 9M FY2018. EBITDA margins
which is highly popular among the agrochemical space, we have launched increased to 15.8% as compared to 14.3%
farmers. This umbrella brand of its agro seven new products during the year, with last year, an improvement of 150 basis
products signifies the company's deep four products under the Maharatna points. Increased margins reflect our
connection with the farming community. category. This has resulted in a total of improving product portfolio mix and
12 products approved under 9(3) innovative molecules developed by our
Rajesh Agarwal, Managing Director, category. We are delighted with the R&D Centers. PAT margin increased to
said: Q3 FY2019 had a favourable start success and acceptance of new products 9.5% from 8.4% in 9M FY2018, a 100
with an extended Kharif season in the in the market and it further underscores basis points improvement over
month of October 2018, particularly in our strong R&D capabilities. The corresponding period. Exports for the
the East and South zones due to delayed company will continue to leverage its nine-month period have increased to Rs
monsoon. However, the sector was faced R&D expertise to develop innovative 49 crore from Rs. 28 crore, representing a
with anemic sowing activity in the Rabi molecules and products to offer a growth of 77% on Y-o-Y basis and the
crop across key states due to deficit complete solution to farmers. We are company expects to achieve the export
rainfall in the post-monsoon period also focused on increasing our exports target of Rs 70 crore for FY2019.
during October to December 2018. in order to capitalize on the growing
Despite these challenges, Insecticides international market opportunities. Our In the current fiscal year, the company
India has been able to deliver an dedicated export team has signed over has launched seven new products, four of
impressive growth across segments and 100 export agreements with an aim to which are in Maharatna category and
products. expand presence in more than 25 this has resulted in a total of 12 products
countries by the end of FY2019. approved under 9(3) category.
We are pleased to report that we Maharatna category products registered
recorded revenue from operations of Rs Our management team remains fully a strong growth of 29% Y-o-Y, primarily
216 crore in Q3 FY2019, representing a committed to drive growth through new driven by the introduction and positive
strong growth of 22.6% on Y-o-Y basis. innovative products, simultaneously acceptance of our new products such as
The company delivered EBITDA of Rs 32 phasing out generic products, increasing Sofia, Aikido, Hercules and Encounter
crore in Q3 FY2019, with margins of customer engagement and ongoing launched during the year. Our company
14.8% as compared to 13.1% last year, geographic expansion. With a clear registered a robust growth of 77% in
representing an improvement of 175 strategic direction, we look forward to exports, which increased to Rs 49 crore
basis points. Profit after tax was Rs. 17 delivering a sustainable growth and from Rs 28 crore in 9M FY2018.

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 25


Special Report

Retail sector
A Perfect
Play On
Consumption
Story In

I
India f there is any single industry that can gain the most
from the growing Indian economy, it is the retail
industry in India. The Indian economy being the
If you are convinced about the fastest growing economy in the world has attracted a
lot of attention of the global investors. Indeed, a host
Indian consumption growth story, of global retailers are vying for a larger pie of Indian
retail industry that promises to grow by close to 20
you may not want to miss investing per cent CAGR in the next three to five years. India’s
in the retail sector in India. DSIJ retail sector is projected to grow to $ 1.3 trillion by 2020 from
the $672 billion in 2017.
Research Team summarises the
There is no doubt that the India’s retail sector is growing at an
prospects of one of the fastest unprecedented speed owing to the trend of rapid urbanization and
digitisation, improving disposable incomes and lifestyle changes of
growing sectors in India and throws the middle class. The consumption growth story is intact and it is
some light on the performance of one of the most credible growth stories in India. The rising
consumption story in India has managed to make the Indian retail
the retail stocks... industry the fastest growing retail market in the world.

26 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


The retail industry has a come a long way in the past couple of retail market will increase to 19 per cent by 2020. What is also
decades. The shift from the traditional shops to large multi- defining the retail industry in India is the high demand for a
format stores in malls offering global experience and the superior customer experience and penetration of big brands
emergence of e-commerce is shaping the fortunes of the retail into smaller towns and cities.
industry in India. The advent of e-commerce and the mall
culture in India has pushed the overall consumption higher to One of the major reasons for the thriving retail sector in India
unprecedented levels. has also been the policy boost provided by the government. The
liberalisation in the FDI policy for the retail sector by the
The Indian retail industry has been traditionally unorganised. Centre has put the Indian retail sector on the global map. The
With the GST now a reality, the organised retail sector is policies have been able to attract a large number of global
gaining traction and is on a faster growth trajectory. Organised retailers to Indian markets, thereby fueling the growth of the
retail is growing at a rapid pace of about 20-25 per cent organised retail sector further. Investors are well aware of the
annually. By 2020, the organised retail penetration is expected benefits of government’s decision to allow 51 per cent FDI in
to be over 10 per cent of the total Indian retail market. multi-brand retail and 100 per cent FDI in single-brand retail.
Currently, the organised retail market is just 7 per cent of the
total market. When the industry is on a growth trajectory, it is but natural that
the retail companies are reflecting growth and enthusing
In bigger cities (top 7 cities), it is estimated that the organised investors. Here is a peek into the performance of the retail stocks.

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 27


Special Report
Q3FY19 : Retail Companies Retail stocks : Peer comparison
Retail sector witnessed a positive quarter buoyed by the steady
demand. The average sales growth of the sector for the quarter DEBT/
VALUATION P/E P/B ROE ROCE EQUITY
ended December 2018 came in at 23.7 per cent YoY. The profits
for the sector also rose 37 per cent, although the PAT margins Avenue Supermarts 102.72 17.82 18.56 24.18 0.09
saw a contraction of 30 bps. The highest sales growth in this Future Retail 321.17 5.83 0.4 18.78 0.07
sector was recorded by V2 Retail at 58 per cent, followed by Aditya Birla Fashion
Future Lifestyle Fashions Ltd, which registered a sales growth of 74.67 15.84 10.79 9.28 1.09
and Retail
35 per cent. In contrast, Future Enterprises Ltd reported tepid Future Lifestyle Fashions 61.54 5.20 8.85 13.39 0.48
sales numbers, clocking a growth of 1.97 per cent. Shopper’s
Future Enterprises 253.11 0.46 0.81 6.81 1.50
Stop stood out in terms of profitability, with growth of 171 per
cent and Future Enterprises registered a de-growth of 98 per Shoppers Stop 18.94 5.15 39.67 29.76 0.14
cent in net profits. From the table (peer comparison), Shoppers Bata India 42.55 6.36 15.76 25.14 0.00
Stop appears to be attractive in terms of P/E, P/B, growth Trent 132.26 7.21 6.98 10.85 0.25
numbers and return ratios as compared to its peers. Trent and
V-Mart Retail 59.91 13.44 25.27 34.55 0.00
Avenue Supermarts' valuations look stretched, despite their
attractive longer term prospects. V2 Retail 7.89 2.99 3.64 8.35 0.25

Q3FY19 Retail Stock


Net Sales Net Sales
YoY QoQ PAT YoY PAT QoQ PAT Margin PAT Margin PAT Margin
Net Sales growth growth PAT growth growth Q3FY19 YoY growth QoQ growth
Company Name Q3FY19 (%) (%) Q3FY19 (%) (%) (%) (%) (%)
Avenue Supermarts 5450.94 33.15 11.87 257.11 2.12 13.90 4.72 -1.43 0.08
Future Retail 5301.07 12.95 7.56 201.43 9.99 15.04 3.80 0.10 0.25
Aditya Birla Fashion and Retail 2281.55 23.02 13.66 70.25 101.81 64.40 3.08 1.20 0.95
Future Lifestyle Fashions 1616.10 35.92 32.21 55.08 46.29 115.66 3.41 2.40 1.32
Future Enterprises 1112.94 1.97 -8.30 1.06 -98.71 -84.84 0.10 -7.41 -0.48
Shoppers Stop 999.15 3.73 15.57 44.32 171.14 235.64 4.44 2.74 2.91
Bata India 778.70 15.53 15.69 103.18 51.35 85.37 13.25 3.14 4.98
Trent 656.47 25.92 6.58 40.28 6.29 22.41 6.14 -1.13 0.79
V-Mart Retail 465.82 26.60 77.67 41.68 13.63 -1136.14 8.95 -1.02 10.48
V2 Retail 241.08 58.24 54.86 23.59 72.59 -227.32 9.79 0.81 21.69

Retail Stocks Price Performance (%) factor that makes it difficult for
Company Name 1 Month 3 Months 6 Months 1 Year 3 Years retailers to expand profitably. The
5 Years
Bata India Ltd. 16.71 37.24 22.00 82.57 182.90 deep discounting adopted by
152.58
Aditya Birla Fashion and Retail Ltd. 12.23 17.83 11.84 49.09 60.16 e-tailers is a growing concern as it
164.50
Avenue Supermarts Ltd. 9.41 5.94 -4.33 14.64 is impacting the margins for the
V-Mart Retail Ltd. 5.69 8.90 -13.92 62.70 474.75 881.30 existing players. Another
Future Lifestyle Fashions Ltd. 1.46 11.44 2.00 16.57 500.28 567.76
challenge that the industry is
RCL Retail Ltd. 0.33 36.36 6.38 2.74 -21.05 -63.41
faced with is the lack of availability
Future Enterprises Ltd. -1.20 -24.94 -13.80 -21.53 -73.54 -59.60
of skilled manpower in the rural
Future Retail Ltd. -4.28 -20.60 -18.73 -18.49
markets. Notwithstanding these
challenges, the sector is ripe for
Shoppers Stop Ltd. -4.38 -1.14 -13.15 -6.92 41.61 26.52
investment and the opportunities
V2 Retail Ltd. -5.83 -1.33 -36.42 -27.99 480.88 2109.55
are huge. The rural market is
Trent Ltd. -6.39 1.63 -10.86 4.89 126.08 226.00
expected to be the growth engine
Conclusion :- While opportunities exist in the fastest going forward for the industry. Urbanisation and digitisation
growing sector in India, the sector is also faced with its is here to stay and this ongoing trend is only gaining momen-
unique challenges. Any investor willing to take exposure in tum, which augurs well for the retail sector. Aggressive
the retail stocks will have to pay attention not only to the marketing spend by retailers and the opening of new stores
expensive valuations that most retail stocks trade at, but he will ensure that the volumes will improve for the retailers. It
will also have to factor in the increasing competitive land- will be interesting to see how many players manage to encash
scape in the sector. Not every retail player is able to taste the growth opportunity profitably. Growth investors, while
success in the retail industry in India. The diverse policies of building a diversified portfolio, cannot ignore the prospects of
various states as also the local influences act as hindrance for the retail industry. An allocation of close to 10 per cent to
growth and expansion. The high cost of real estate is one quality retail stocks can be a good idea.

28 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Tax Column
incurred Short Term Capital Loss (STCL) then in that case the entire sale
of Rs20 lakh in the current financial consideration of jewellery may be taxed as
year on which STT was not paid. short term capital gain, which is subject to
Yes, you can set-off STCL against STCG tax at 30%. The Income Tax Officer may
in the same financial year. Under Section invoke provision of Section 68 by treating
74 of the Income Tax Act, STCL can be the sale consideration as income from
set-off against any capital gain, either undisclosed sources, which is subject to tax
short term or long term. at 60%. Therefore, you have to do some
paperwork and collect proper documents

Jayesh Dadia
I am a working woman. My father died to justify that you have actually inherited
during this financial year and on his the jewellery from your father on his death
death, my family gave me jewellery and he was holding this jewellery for a long
Chartered Accountant which belongs to my parents as a part
of my share of inheritance. I am in need
period of time.

I am an individual and in the current of funds and desire to sell the jewellery Our family has one HUF where I am
financial year I have sold shares of a which would fetch me Rs 1.5 core. Let Karta and my wife and three sons are
closely held company and made Long me know whether the entire Rs 1.5 the members. The HUF has immovable
Term Capital Gain (LTCG) of Rs 2 crore. I crore is tax-free as I received it on the properties as well as other movable
don’t own any residential house and I death of my father? If no, then whether assets such as fixed depositd, jewellery
stay in my father’s house. Can I invest it would be taxed as capital gain in my and shares etc. I have decided to
the entire LTCG in acquiring house from hands and whether I am entitled to dissolve the HUF and distribute the
my father by a proper sale deed? Is it deduction of any indexedcost, etc.? assets among the family members. Is
possible to avail the LTCGby acquiring What papers and documents required to there any tax implication on dissolution
house from my father and not from a justify that I have received jewellery as of HUF, both in the hands of HUF as well
third party? My father bought his house part of inheritance which my father as in the hands of members? Is it
four years back for a total consideration owned for more than 40 years? necessary to distribute the wealth
of Rs.1.8 crore. What would be the tax The jewellery which you received as equally amongst the members? Is there
implication in my father’s hands? inheritance from your father is not taxable any disclosure or form to be filled with
You have made LTCG by selling equity in your hand. However, you have to the ITdepartment?
shares and you don’t own any house. establish with documents that your father You can dissolve the HUF by making a
Therefore, you are entitled for investment was capable of owing such jewellery.The dissolution agreement which is to be
in a new house and enjoy the exemption copy of the Will of your father must also signed by all the members of the HUF.
under section 54F of the Income Tax Act. disclose the above facts that on his death, There is no legal provision to distribute
Yes, you can buy the house from your certain jewellery will go to you as one of the assets of the HUF equally amongst the
father as thereis no restrictions in the Act. the legal heirs. The other legal heirs, such members. Therefore, you can distribute
However, you must ensure that the sale as your brothers and sisters, who are the the wealth unequally.All the assets can be
consideration should not be less than the beneficiaries of your father’sWill must also given to one individual member or one
ready reckoner rate and you actually pay confirm the above facts. In other words, can give a higher portion of the assets to
the consideration to your father through you have to satisfy the Income Tax one individual and lower portion can be
proper banking channels. As you will Department that the transaction is genuine distributed amongst 3 to 4 members. The
invest the entire LTCGin purchase of a and you received the jewellery as distribution can be mutually agreed
new house, no capital gain tax is inheritance from the estate of your father.If between the members and there is no
chargeable in your case. In case your you sellthejewellery, the sale consideration specific law on that. There is no tax
father also makes a gain, such gain would would be taxed as capital gain. As you have implication in the hands of HUF as well
be LTCG. Apparently, taking into mentioned that jewellery was held by your as in the hands of the members who
consideration the indexed cost, it seems father for more than 40 years and which receive the assets on partition of HUF.
there will be no capital gain as both the could be proved by evidence, then it is Section 10(2) and Section 56(2)(x) of the
indexed cost and the sale consideration along term capital gain and you are Income Tax Act exempt such income in
would be almost the same. If at all there is entitled for deduction of indexed cost the hands recipients of asset/income on
minor capital gain, then your father can which is the fair market value as on April distribution of the assets.
invest in some specified bonds (maximum 1, 2001. The difference between the sale The HUF has to be fully partitioned and
Rs 50 lakh) for a period of five years. consideration and indexed cost would be not partially partitioned.
the long term capitalgain, which is subject You have to inform about the total
I have made Short Term Capital Gain to tax at 20%. However, in case if you are partition of the HUF to the concerned
(STCG) of Rs 30 lakh on sale of listed not able to satisfy the Income Tax Tax Officer, who will then pass an order
equities on which STT has been paid in Department about the jewellery owned by accepting the partition of HUF under
the current financial year. I have also your father and you inherited on his death, section 171 of the Income Tax Act. DS

30 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Databank Updated Information
Updated as on February 22, 2019

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 Face Value: Actual cost of the stock assigned by the security issuer and shown in the certificate.  NoShold: Indicates the Number of Share Holders of the company. (In Thousands)
 Year: First two digits shows Year while last two digits show month of calender, eg. 1103 shows  Market Cap: Current market price multiply no.of equity shares.
March’2011 results.  Price: Current Market Price.
 CEqt.: Current paid up capital of the company.  52 Week H/L: High/Low range is taken for the market prices during the 52 week H/L.
 B.V: Book Value Per Share: Equity capital plus reserves to the number of equity shares.  Enterprise Value : Current Market Cap Plus Debt Minus Cash and Bank Balances.
 Sales: Sales figures includes Excise duty.  Trail.P/E Ratio: Current market price to Trailing 12 months EPS.
 NP: Net Profit : Profit after tax but before investment allowance reserves.  Ticker: BSE Scrip Code
 EPS: Earnings Per Share: Ratio of net profit less preference dividend to the number of equity  U: Unaudited.
shares (Annualised).  Companies with an (“) following their equity capital have increased their capital after the
 Div (Rs.): Indicates the dividend per share. last financial year.
 D/E Ratio : A measure of a company’s financial leverage calculated by dividing its total  Companies with an (*) Before the name of the Company, indicates new addition/
Debt by stockholders’ equity. updation/correction made during the fortnight.
 RONW (%): Net Profit Divided by Total NetWorth.  CB: Cum-Bonus XB: Ex-Bonus.
 Latest Quarter: Indicates the recent quarterly filing of the company with the stock  EX: Ex-Rights wherever the price is indicated a Ex-bonus or Ex-rights, the
exchange. corresponding figures for equity. Reserves, Book value and EPS are adjusted
 YearToDate : Latest Results (qtr,half or Nine) of the company. as per the bonus or the Rights ratio.
 Sales Growth % : Indicates the % growth of sales on year-on-year basis. Notes: (A) The Profit figure reflects the performance of the current year. We have
made the necessary adjustments for the prior year’s entries in P/L .A/c to reflect the
 NP Growth % : Indicates the % growth of Net profit (NP) on year-on-yearbasis. true performance of the current year. Thus our figures may not be comparable with those
 Promoter Holding: Indicates the % of equity holding with the promoters of the company. published elsewhere unless they represent the same thing. (B) Source of information is
 Promoters pledged shares % :Indicates the % of shares Pledged by promoters. Company press releases and Annual Reports.
Institutional Holding: Indicates the % of equity holdings in the company held by Financial
Institutions, Banks,Insurance companies,MF’s and FIIs. Data powered by: Dion Global Solutions Ltd.,
Bangalore. Tel:080 - 40467500. For more details visit www.dionglobal.com

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(22/02/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)

Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP

1 AGRO - OTHERS
IND. COMPOSITE 100 1841 76 177
Mishtann Foods L 1 1803 50.0 1 388 5.6 0.1 0.00 0.8 9.8 1812 119.6 3.2 1812N 358.1 41 8.6 94 49.28 0 0.00 0.9 2375 47.50 51/3 2405 -
2 AIRLINES
IND. COMPOSITE 1098 54103 2041 17
InterGlobe Aviation 10 1803 384.4 184 23021 2242.4 58.3 6.00 0.3 31.7 1812 7916.2 190.9 1812N 20613.5 20 -433.5 -120 74.93 0 20.36 74.7 42911 1116.30 1520/697 38572 -
*Jet Airways 10 1803 113.6 -638 23287 -767.6 -67.6 - -0.7 - 1812 6148.0 -587.8 1812N 18319.6 6 -3208.2 -1295 50.99 0 9.00 134.6 2689 236.70 774/163 6624 -
*Spicejet Ltd. 10 1803 599.7* -1 7795 566.7 9.4 - -23.5 - 1812 2486.8 55.1 1812N 6582.0 14 -372.4 -172 60.02 39 10.04 153.7 4639 77.35 143/61 5501 -
3 ALUMINIUM
IND. COMPOSITE 1157 52307 2779 19
Hindalco Indus. 1 1803 224.6* 22042798 1436.5 6.4 1.20 0.4 2.9 1812 11937.7 247.5 1812N 33364.0 7 969.6 -8 34.66 0 46.52 299.2 44147 196.60 267/183 62618 32.8
National Alumini 5 1803 932.8 56 9509 1342.4 7.2 5.70 0.0 12.8 1812 2718.9 301.8 1812N 8733.1 29 1498.8 38 56.76 0 29.81 169.3 9095 48.75 90/46 6371 5.2
5 AQUACULTURE
IND. COMPOSITE 58 4462 514 11
Avanti Feeds Lim 1 1803 13.6* 72 2815 414.9 30.5 6.00 0.0 42.0 1812 607.0 55.7 1812N 2076.2 -1 167.7 -51 43.76 0 31.37 89.5 4658 341.85XB 842/307 4644 19.2
*KSE 10 1803 3.2 449 1304 69.6 217.6 60.00 0.3 48.4 1812 298.1 -9.5 1812N 907.5 -9 13.6 -72 0.00 0 0.22 7.0 420 1313.10 4000/1208 440 11.9
Waterbase Ltd. 10 1803 41.4 36 343 29.9 7.2 1.50 0.1 20.0 1812 64.3 2.9 1812N 314.3 13 29.4 7 66.15 0 0.01 43.5 581 140.25 329/116 595 18.2
6 AUTO - 2 & 3 WHEELERS
IND. COMPOSITE 399 73093 8535 19
Atul Auto Ltd 5 1803 11.0 100 556 46.2 21.0 5.25 0.0 21.1 1812 186.1 16.1 1812N 499.9 23 41.3 19 52.69 0 18.58 21.0 684 311.75 466/267 666 12.9
Bajaj Auto Ltd. 10 1803 289.4 660 25165 4068.1 140.6 60.00 0.0 21.3 1812 7409.4 1101.9 1812N 22854.8 24 3369.6 13 49.30 0 24.25 117.2 81506 2816.70 3214/2425 80849 18.3
Hero MotoCorp 2 1803 39.9* 58932230 3697.4 185.1 95.00 0.0 31.4 1812 7864.8 769.1 1812N 25765.6 9 2654.6 -3 34.63 0 55.32 123.6 53674 2687.35 3862/2562 53532 14.8
Maha. Scooters 10 1803 11.4 7197 12 60.8 53.2 33.00 0.0 0.7 1812 3.1 5.5 1812N 11.1 22 72.1 21 50.99 0 8.77 11.9 3547 3103.60 3648/2029 3534 48.3
TVS Motor Co. Ltd. 1 1803 47.5 61 15130 662.6 13.9 3.30 0.4 23.0 1812 4664.0 178.4 1812N 13825.9 24 536.3 8 57.39 0 30.95 130.7 22391 471.30 693/456 23417 31.9
7 AUTO - ANCILLARIES
IND. COMPOSITE 1429 87039 6582 34
*Amara Raja Batt. 1 1803 17.1 172 6059 471.3 27.6 4.15 0.0 16.0 1812 1694.7 130.9 1812N 5226.4 17 364.1 1 52.06 0 29.85 68.4 12472 730.15 908/671 12419 26.3
Automotive Axles 10 1803 15.1 294 1519 83.9 55.5 13.50 0.0 18.9 1812 485.8 30.5 1812N 1457.9 39 91.6 65 71.03 0 10.28 20.0 1742 1152.80 1688/991 1698 14.5
Banco Products 2 1803 14.3 86 618 119.7 16.7 10.00 0.0 19.4 1812 182.8 20.5 1812N 546.6 25 86.3 8 67.88 0 4.72 24.7 1054 147.35 248/144 917 8.4
Bosch Ltd. 10 1803 30.5 3270 11690 1370.8 449.1 100.00 0.0 13.7 1812 3095.5 335.4 1812N 9508.8 11 1186.3 27 70.48 0 20.21 98.9 55368 18141.1522400/16990 53480 34.2
Endurance Technologi 10 1803 140.7 127 4641 271.6 19.3 4.00 0.1 15.2 1812 1326.9 62.9 1812N 4076.9 21 247.6 31 82.50 0 15.13 37.5 17705 1258.65 1579/1065 17879 53.7
Enkei Wheels (India) 5 1803 8.1 50 465 10.8 6.6 - 0.7 13.3 1812 117.3 1.1 1812N 367.7 8 0.6 -91 72.26 0 0.94 4.7 603 371.45 505/325 653 121.2
*Exide Inds. 1 1803 85.0 63 9186 668.4 7.9 2.40 0.0 12.4 1812 2496.8 155.0 1812N 7989.6 19 633.4 32 45.99 0 34.15 135.1 18139 213.40 305/195 18052 22.0
*Federal-Mogul Goetze 10 1803 55.6 116 1304 82.9 14.9 - 0.1 12.8 1812 316.4 18.3 1812N 998.7 3 64.8 7 74.98 0 13.77 17.3 2675 480.90 540/391 2739 30.8
FIEM Industries 10 1803 13.2 341 1238 52.6 39.9 9.00 0.3 11.7 1812 333.0 12.6 1812N 1087.9 20 40.0 7 63.58 0 20.82 14.6 576 437.85 969/419 698 10.4
*Gabriel India 1 1803 14.4 37 1833 94.2 6.6 1.40 0.0 17.9 1812 510.0 22.0 1812N 1566.2 17 77.7 13 52.74 0 12.75 67.6 2158 150.25 168/116 2125 20.9
GNA Axles 10 1803 21.5 159 670 50.9 23.7 - 0.4 14.9 1812 246.3 18.0 1812N 686.1 47 47.9 39 65.85 9 14.37 23.5 629 293.20 578/257 727 9.7
*HBL Power Systems Lt 1 1803 27.7 27 1593 29.7 1.1 0.25 0.5 3.9 1812 314.0 7.3 1812N 944.5 -20 18.1 -34 56.37 0 23.41 46.7 635 22.90 59/22 959 -
India Nippon Ele 5 1803 11.3 153 452 50.1 22.1 6.50 0.0 14.5 1812 130.1 14.7 1812N 389.2 17 42.0 16 66.38 0 3.32 12.5 875 386.75 600/369 868 15.6
Jamna Auto Inds. 1 1803 39.8 11 1609 125.3 3.1 0.14 0.1 29.4 1812 505.2 31.2 1812N 1577.5 52 107.8 36 47.87 1 12.81 104.0 2106 52.85 103/49 2141 13.7

32 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(22/02/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Jay Bharat Marut 5 1803 10.8 166 1730 58.9 27.2 2.50 0.7 16.3 1812 458.0 11.2 1812N 1513.7 21 41.1 1 59.39 0 0.06 15.9 513 236.75 529/210 774 8.7
*JBM Auto 5 1803 20.4 52 766 32.1 7.9 2.00 1.5 15.2 1812 238.7 12.0 1812N 707.0 28 34.8 42 61.95 0 0.42 18.5 1073 263.00 457/230 1379 25.3
*JTEKT India 1 1803 19.9 16 1212 32.4 1.6 0.50 0.5 10.2 1812 297.5 5.9 1812N 948.0 7 33.2 80 69.24 0 6.39 31.9 1855 93.35 146/83 2025 39.3
LG Balakrishnan&Bros 10 1803 31.4* 171 1315 80.1 25.5 - 0.1 14.9 1812 409.4 29.2 1812N 1200.4 25 78.8 38 47.97 0 17.22 19.7 1223 389.55XB 682/360 1261 12.0
*Lumax Auto Technolog 2 1803 13.6 38 596 29.2 4.3 2.00 0.0 11.3 1812 200.9 8.9 1812N 623.9 56 38.9 68 55.64 0 23.32 12.4 949 139.30 224/127 941 21.1
Lumax Inds. 10 1803 9.3 313 1650 63.2 67.6 23.00 0.3 21.6 1812 430.8 50.6 1812N 1444.5 32 95.3 112 74.99 0 1.85 16.7 1554 1662.75 2585/1386 1654 13.6
Minda Corporation 2 1803 45.4 21 933 70.1 3.1 0.60 0.5 14.8 1812 280.4 24.8 1812N 856.1 26 86.8 62 64.67 0 14.51 34.2 2863 126.00 206/106 3083 27.7
Minda Industries 2 1803 52.4* 25 1857 135.8 5.2 2.80 0.1 20.6 1812 509.4 28.4 1812N 1566.0 16 101.7 2 70.78 0 14.96 50.7 8294 316.30XB 455/256 8360 60.1
MothersonSumiSystems 1 1803 315.8* 20 7456 879.1 2.8 1.33 0.2 14.2 1812 1729.6 141.6 1812N 5729.8 7 603.0 -5 61.72 4 27.35 245.6 45111 142.85XB 240/128 46110 53.4
*Munjal Auto Industr. 2 1803 20.0 28 1033 41.6 4.2 1.00 0.1 14.7 1812 262.2 8.2 1812N 877.4 11 23.2 -25 74.80 0 0.12 29.1 524 52.35 82/49 524 15.5
*Munjal Showa Ltd 2 1803 8.0 142 1581 77.5 19.4 4.50 0.0 13.6 1812 384.0 12.2 1812N 1292.0 11 48.6 -0 65.01 0 1.08 19.1 648 161.90 261/146 628 8.4
Precision Camshafts 10 1803 95.0 60 401 34.8 3.7 1.00 0.0 6.1 1812 108.5 8.1 1812N 300.8 2 22.4 -11 63.98 0 9.70 38.7 483 50.85 115/49 355 15.2
Rane (Madras) 10 1803 12.0 223 1212 41.8 34.9 - 1.0 15.7 1812 343.5 11.0 1812N 1036.6 20 38.3 51 62.83 0 0.16 9.3 413 345.20 1050/310 665 7.6
Rane Brake Lining Lt 10 1803 7.9 238 484 35.8 45.2 15.50 0.0 19.0 1812 132.5 10.6 1812N 374.7 10 22.4 -25 66.62 0 9.77 13.6 425 536.70 1195/483 415 15.0
*Rico Auto Inds. 1 1803 13.5 40 1076 49.6 3.7 0.80 0.3 9.1 1812 290.4 12.9 1812N 913.1 17 43.0 20 50.09 0 9.68 67.6 821 60.70 87/56 998 14.5
Sandhar Technologies 10 1803 60.2 104 1684 67.7 11.3 2.00 0.1 10.9 1812 494.6 20.6 1812N 1524.6 20 68.5 37 70.20 0 17.92 26.8 1617 268.65 451/226 1438 18.8
*Setco Automotive 2 1803 26.7 18 525 28.8 2.2 0.80 0.8 11.7 1812 160.4 7.2 1812N 466.3 34 24.2 84 60.13 66 0.39 34.9 401 30.00 64/29 606 10.1
Shanthi Gears 1 1803 8.2 39 214 28.6 3.5 1.00 0.0 9.0 1812 61.5 9.8 1812N 182.9 15 27.3 44 70.12 0 8.43 15.3 945 115.60 149/106 943 25.6
Sharda Motor Ind 10 1803 5.9 597 1155 78.6 132.2 12.50 0.0 22.1 1812 258.1 19.6 1812N 854.8 2 63.0 12 73.08 0 0.67 8.7 732 1231.50 2344/1155 659 8.6
*Shriram Pistons 10 1803 22.4 408 1729 138.9 62.1 10.00 0.1 15.2 1809 493.2 34.9 1809H 951.9 16 70.4 11 53.08 0 0.00 2.1 2161 966.00 1765/910 2088 14.8
*Steel Strips Wheels 10 1803 15.6 375 1518 75.1 48.2 4.00 1.5 12.9 1812 482.7 19.6 1812N 1514.5 39 62.4 18 57.88 54 1.64 16.3 1341 860.35 1474/828 2111 15.8
Sundaram Clayton 5 1803 10.1 328 1643 54.9 27.1 15.00 0.9 8.3 1812 469.3 50.3 1812N 1426.1 20 69.4 260 74.99 0 16.18 16.6 5048 2495.00 5380/2252 5633 30.1
Sundaram Fasten. 1 1803 21.0 76 3396 367.5 17.5 4.60 0.3 23.1 1812 1021.5 111.2 1812N 2994.0 22 327.6 20 49.53 0 23.13 60.7 10680 508.25 688/482 11134 25.3
Suprajit Enginee 1 1803 14.0 43 965 104.6 7.5 1.40 0.2 17.3 1812 278.9 30.4 1812N 790.9 12 87.0 16 44.50 0 16.45 46.7 2774 198.30 298/176 2919 23.7
The Hi-Tech Gears 10 1803 18.8 128 527 31.9 17.0 3.50 0.7 13.3 1812 151.6 14.6 1812N 486.3 27 26.4 11 55.29 0 0.11 5.3 548 291.90 526/270 703 15.8
*Varroc Engineering 1 1803 13.5 75 2047 69.8 5.2 - 0.4 6.9 1812 646.1 38.0 1812N 1959.4 32 111.3 112 84.99 0 12.40 48.1 8397 622.85 1177/565 8781 65.3
WABCO India 5 1803 9.5 804 2569 272.8 143.8 8.00 0.0 17.9 1812 699.9 59.8 1812N 2191.2 23 230.1 18 74.99 0 11.90 26.9 11271 5942.30 8320/5798 10915 36.7
Wheels India Ltd. 10 1803 24.1* 214 2460 71.8 29.8 15.00 0.6 13.9 1812 786.0 15.3 1812N 2328.1 32 56.0 7 74.99 0 9.00 8.6 1853 770.00XB 1345/742 2138 24.6
ZF Steering Gear 10 1803 9.1 417 425 47.1 51.9 8.00 0.1 12.4 1812 109.2 8.9 1812N 332.7 8 35.0 9 73.65 19 0.00 11.8 615 678.30 1270/653 668 12.4
8 AUTO - CARS & JEEPS
IND. COMPOSITE 773 128448 12078 24
Mahi. & Mahi 5 1803 621.6 244 48686 4356.0 35.0 7.50 0.1 14.4 1812 13070.4 1076.8 1812N 39578.8 12 3947.2 20 20.45 3 51.98 306.4 80323 646.10 992/616 80293 16.0
Maruti Suzuki India 5 1803 151.0 1382 79763 7721.8 255.6 80.00 0.0 18.5 1812 19668.3 1489.3 1812N 64560.9 10 5705.0 -2 56.20 0 36.09 406.2 208931 6916.40 9923/6324 208970 27.5
9 AUTO - LCVS/HCVS
IND. COMPOSITE 926 98602 2396 24
*Ashok Leyland 1 1803 293.6 24 26248 1562.6 5.3 2.43 0.1 21.8 1812 6325.2 380.8 1812N 20209.0 16 1330.2 49 51.12 4 31.00 762.7 24027 81.85 168/78 23539 12.8
*Eicher Motors 10 1803 27.3* 19698958 1712.9 627.8 110.00 0.0 31.9 1812 2345.9 501.4 1812N 7294.9 13 1574.0 8 49.33 0 36.95 107.7 56041 20540.1032210/18780 54918 30.6
Force Motors 10 1803 13.2 1365 3430 146.9 111.5 10.00 0.0 8.2 1812 826.0 27.3 1812N 2597.9 9 108.0 25 61.85 0 7.84 65.3 1848 1402.15 3238/1300 1807 11.0
SML Isuzu Ltd. 10 1803 14.5 275 1135 8.5 5.9 1.50 0.5 2.1 1812 231.6 -14.8 1812N 979.6 28 -2.4 62 43.96 0 6.91 33.3 789 545.35 929/520 956 63.4
Tata Motors Ltd. 2 1803 577.5 70 58831 -1034.8 -3.6 - 0.8 - 1812 16207.7 617.6 1812N 50641.3 30 1914.4 431 37.27 5 36.28 1080.0 50399 174.55 377/142 65859 -
10 AUTO - TRACTORS
IND. COMPOSITE 1335 5773 450 20
Escorts Ltd. 10 1803 122.6 208 4995 344.7 28.1 2.00 0.0 13.5 1812 1655.1 140.1 1812N 4564.7 28 363.6 57 40.08 0 26.52 122.4 8037 655.70 1019/543 7739 16.9
HMT Ltd. 10 1803 1204.1 1 15 -7.2 -0.1 - 3.2 - 1812 6.0 3.1 1812N 13.8 85 16.8 479 93.68 0 0.00 18.5 2137 17.75 36/16 2314 -
*VST Tillers Tr 10 1803 8.6 690 763 112.0 129.6 50.00 0.0 18.8 1812 146.0 10.1 1812N 436.1 -17 33.7 -57 53.98 0 20.03 17.0 1238 1432.55 3085/1421 1220 18.4
11 BEARINGS
IND. COMPOSITE 183 9522 911 35
Menon Bearings L 1 1803 5.6 14 146 21.1 3.8 1.50 0.3 27.3 1812 40.8 5.7 1812N 133.0 25 20.2 28 70.90 12 1.44 13.1 414 73.95 118/70 421 16.4
NRB Bearings Lim 2 1803 19.4 40 831 81.9 8.5 2.60 0.4 21.0 1812 242.6 26.8 1812N 727.5 22 90.6 64 52.67 9 33.14 24.7 1802 185.95 224/140 1937 15.3
Schaeffler India 10 U1812 31.3 681 4562 419.8 134.3 30.00 0.0 19.7 1812 1186.3 107.2 - - 139 - - 74.12 0 17.48 15.0 16278 5207.20 5836/4599 15447 50.1
*SKF India 10 1803 51.3 358 2750 295.9 57.6 12.00 0.0 16.1 1812 767.6 88.5 1812N 2286.1 12 253.6 13 52.32 0 34.15 31.9 10087 1964.90 2000/1610 9430 31.0
Timken India Ltd 10 1803 75.2 94 1234 92.0 12.2 1.00 0.0 13.0 1812 384.9 26.4 1812N 1216.5 37 91.5 34 67.80 0 9.94 57.6 4210 559.65 825/496 4199 36.2
12 BEVERAGES
IND. COMPOSITE 572 22410 1666 55
Asso. Alcohols 10 1803 18.1 67 324 25.2 13.9 1.00 0.1 20.9 1812 115.1 8.1 1812N 289.8 17 24.5 19 58.44 0 0.30 12.1 424 234.70 422/219 435 14.5
G M Breweries Ltd. 10 1803 18.3* 159 426 72.9 39.9 3.00 0.0 25.0 1812 124.6 16.7 1812N 346.8 11 58.3 21 74.43 0 2.66 17.7 980 536.25XB 966/480 970 11.8
IFB Agro Indus 10 1803 9.4 368 889 31.6 33.7 - 0.1 9.2 1812 210.7 4.0 1812N 764.3 -21 27.3 13 65.00 0 1.27 8.6 400 426.50 886/388 404 11.5
Manpasand Beverage 10 1803 114.5 109 948 100.0 8.7 0.50 0.1 8.0 1812 163.5 9.8 1812N 672.4 19 54.6 -4 44.33 0 37.98 42.9 873 76.25 459/58 944 9.0
Radico Khaitan Ltd. 2 1803 26.7* 86 1823 123.5 9.3 1.00 0.5 10.8 1812 552.9 52.1 1812N 1587.0 18 149.0 67 40.38 5 28.65 51.9 4951 371.10 500/298 5451 27.0
Som Distilleries 10 1803 31.2 53 351 25.2 8.1 1.50 0.2 15.3 1812 62.2 3.9 1812N 236.7 -5 19.6 4 20.76 0 3.53 18.4 443 141.85 323/118 449 17.1
*United Breweries Ltd 1 1803 26.4 102 5617 394.0 14.9 2.00 0.1 14.7 1812 1451.2 109.2 1812N 4843.0 17 494.9 63 57.72 23 20.42 36.8 36061 1363.85 1494/908 36299 61.6
United Spirits 2 1803 145.3 34 8170 561.7 7.7 - 1.2 22.4 1812 2500.9 192.4 1812N 6740.9 12 532.4 52 56.75 3 27.96 102.8 38737 533.10 731/439 41514 52.1
*Varun Beverages Ltd. 10 U1812 182.6 144 3862 332.4 18.2 - 0.8 12.6 1812 416.9 -53.8 - - 26 - - 73.56 0 18.77 29.5 14641 801.65 849/593 16405 44.1
13 CABLES - POWER/OTHE RS
IND. COMPOSITE 50 4642 187 18
KEI Industries 2 1803 15.8 77 3459 144.6 18.3 1.00 1.2 23.9 1812 1087.5 48.4 1812N 2968.2 22 121.9 28 45.92 0 25.74 43.7 2524 319.75 495/248 3197 14.7
*Universal Cables 10 1803 34.7 97 1183 41.9 12.1 - 1.0 12.5 1812 367.3 13.7 1812N 1006.4 25 47.4 102 61.88 0 2.01 13.5 743 214.25 349/120 1087 11.3
14 CABLES - TELEPHONE
IND. COMPOSITE 153 7348 712 24
Birla Cable 10 1803 30.0 40 325 16.1 5.4 - 0.3 13.3 1812 144.1 15.2 1812N 402.0 91 41.9 481 66.35 6 0.15 31.3 493 164.30 230/56 529 9.7
*Finolex Cables 2 1803 30.6 143 2815 358.2 23.4 4.00 0.1 16.3 1812 749.6 75.9 1812N 2254.7 11 259.2 -6 35.85 0 25.94 45.9 5786 378.30 740/356 5860 17.0
Sterlite Technologie 2 1803 80.5* 27 2865 254.7 6.3 2.00 1.0 23.8 1812 1231.2 129.7 1812N 3074.0 47 342.2 120 53.82 97 18.26 164.1 9885 245.60 399/181 10889 22.4
*Vindhya Telelink 10 1803 11.9 446 1343 83.3 70.3 10.00 0.9 15.7 1812 522.9 37.8 1812N 1493.8 64 126.8 124 43.54 0 10.35 9.8 1664 1403.90 2048/888 2089 10.8
15 CARBON BLACK
IND. COMPOSITE 45 2875 287 13
Oriental Carbon 10 1803 10.2 381 328 56.8 55.8 10.00 0.3 14.6 1812 94.5 20.7 1812N 285.0 20 54.7 29 50.68 0 24.58 15.8 1101 1083.00 1255/901 1183 15.9

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 33


Databank Updated Information Updated as on February 22, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(22/02/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Phillips Carbon 2 1803 34.5 80 2547 229.8 13.3 2.40 0.5 16.7 1812 945.9 108.6 1812N 2607.6 45 314.1 102 53.56 0 14.57 86.3 2560 148.55 287/136 3113 6.6
16 CASTINGS AND FORGIN GS
IND. COMPOSITE 612 15669 1497 34
*AIA Engineering 2 1803 18.9 293 2150 469.9 49.8 8.00 0.0 17.0 1812 696.4 102.7 1812N 2097.5 42 316.8 24 58.46 0 35.84 17.4 15754 1670.25 1887/1325 15760 29.6
Alicon Castalloy 5 1803 6.8 188 929 36.2 26.5 6.25 0.9 14.1 1812 239.2 10.4 1812N 795.5 21 34.6 35 63.79 0 0.07 5.6 710 520.40 750/510 919 15.7
Bharat Forge 2 1803 93.1 99 5316 707.3 15.2 3.75 0.4 15.3 1812 1692.5 309.8 1812N 4851.4 26 771.8 27 45.76 0 31.72 141.9 22719 487.95 800/452 24608 26.1
Electrosteel Cas 1 1803 40.5 71 1944 47.0 1.2 0.30 0.4 1.6 1812 641.0 28.3 1812N 1694.2 20 -653.7 -2787 50.54 16 11.80 51.5 781 19.25 35/16 1847 -
M M Forgings Ltd. 10 1803 24.1* 153 621 68.5 28.4 10.00 0.9 18.6 1812 244.6 24.0 1812N 669.6 59 63.8 55 56.33 0 22.42 9.3 1236 511.90XB 743/451 1413 13.5
*Mahindra CIE Auto 10 U1812 378.8* 92 2529 35.5 0.9 - 0.0 1.0 1812 614.9 -89.5 - - 37 - - 67.72 0 16.98 65.6 8680 229.15 302/204 8758 -
Nelcast Ltd. 2 1803 17.4 42 745 38.3 4.4 1.00 0.3 10.4 1812 233.7 9.2 1812N 681.9 28 32.1 15 74.72 0 0.02 20.1 565 64.90 106/61 607 13.3
Ramkrishna Forgings 10 1803 32.7* 233 1435 94.7 29.0 1.00 1.0 12.5 1812 491.5 33.9 1812N 1363.4 38 94.4 56 44.76 12 27.37 9.7 1552 475.25 852/412 2283 12.1
17 CEMENT
IND. COMPOSITE 2540 107266 8794 31
ACC 10 U1812 187.8 579 14801 1506.6 80.2 14.00 0.0 13.9 1812 3895.3 730.5 - - 12 - - 54.52 0 30.64 99.3 26003 1384.70 1676/1255 23367 17.3
*Ambuja Cements Ltd. 2 U1812 397.1 108 11357 1487.0 7.5 1.50 0.0 6.9 1812 2863.3 537.4 - - 10 - - 63.11 0 28.61 172.1 41947 211.25 265/189 38474 28.2
Birla Corporation Lt 10 1803 77.0 536 3724 115.1 15.0 6.50 0.4 2.8 1812 1086.8 7.0 1812N 3156.6 19 50.3 555 62.89 0 17.84 44.4 3545 460.40 932/440 5094 22.5
Deccan Cements 5 1803 7.0 261 570 38.5 27.5 1.50 0.1 10.6 1812 173.1 11.5 1812N 497.3 23 33.0 11 56.18 0 15.86 6.5 495 353.05 596/326 453 11.9
Heidelberg Cement In 10 1803 226.6 46 1889 133.2 5.9 2.50 0.4 12.7 1812 563.9 58.6 1812N 1507.1 11 159.8 97 69.38 0 18.30 52.4 3415 150.70 175/122 3672 16.1
*India Cements Lt 10 1803 309.9* 168 5341 100.6 3.2 0.80 0.6 1.9 1812 1316.3 3.1 1812N 4064.0 3 25.6 -61 28.23 46 42.06 165.3 2682 86.55 163/75 5647 44.1
JK Cement 10 1803 77.3 279 4591 341.9 44.2 10.00 1.0 15.9 1812 1273.2 60.9 1812N 3489.4 7 174.9 -29 58.06 0 34.51 67.6 5556 719.00 1055/650 7195 20.5
*JK Lakshmi Cement L 5 1803 58.8 123 3412 84.0 7.1 0.75 1.2 5.8 1812 935.0 14.8 1812N 2709.9 8 36.3 -28 45.94 0 28.73 68.2 3680 312.75 484/250 5480 52.5
KCP Ltd. 1 1803 12.9 36 1023 81.3 6.3 1.00 0.8 17.4 1812 273.0 -3.8 1812N 834.6 11 27.6 -63 44.27 0 6.77 22.8 1037 80.40 150/74 1405 30.2
Mangalam Cement 10 1803 26.7 193 1125 11.4 4.3 0.50 0.5 2.2 1812 334.9 0.8 1812N 877.0 12 -11.4 -172 16.51 18 12.46 18.7 566 211.85 345/174 823 -
*NCL Industries 10 1803 45.2 102 880 49.1 10.9 2.50 0.5 10.6 1812 241.2 6.5 1812N 709.4 17 20.4 -49 40.32 3 19.56 35.9 492 108.85 257/99 695 16.5
Odisha Cement 2 1803 2.9* 32644244 310.5 215.3 - 0.3 6.6 - - - - - - - - 74.88 68 2.78 10.9 1644 1140.05 1150/903 2854 -
*Orient Cement Ltd. 1 1803 20.5 50 2222 44.2 2.2 0.75 1.2 4.3 1812 570.7 -13.7 1812N 1771.4 11 -14.4 -146 37.36 8 34.53 26.7 1432 69.90 167/62 2662 -
Prism Johnson 10 1803 503.4 20 5408 70.4 1.4 - 1.2 6.9 1812 1439.8 19.0 1812N 4272.8 13 96.3 1155 74.87 0 10.83 80.2 3579 71.10 133/62 4762 22.5
Rain Industries 2 1712 67.3 27 60 32.1 1.0 2.00 0.2 3.5 1809 11.8 -2.8 1809N 62.2 65 24.9 -24 41.09 0 16.27 139.4 3547 105.45 409/88 3730 -
Sagar Cements 10 1803 20.4 404 748 49.4 24.2 4.00 0.3 6.0 1812 232.4 0.0 1812N 633.8 18 9.7 -77 100.00 0 0.00 10.9 1141 559.10 1115/529 1318 70.4
Shree Cement 10 1803 34.8 2554 9833 1384.2 397.3 50.00 0.4 15.6 1812 2780.6 301.3 1812N 8437.1 20 630.1 -36 64.78 0 29.69 27.1 56322 16167.1519260/13125 59595 54.7
Star Cement 1 1803 41.9 20 1464 210.8 5.0 1.00 0.5 25.1 1812 401.8 56.1 1812N 1193.5 20 189.5 27 68.86 0 9.94 17.0 4012 95.70 137/85 4387 16.0
The Ramco Cements 1 1803 23.6 172 4406 555.7 23.6 3.00 0.2 13.7 1812 1210.4 101.1 1812N 3613.8 15 340.5 -24 42.74 2 34.92 28.0 15023 637.70 879/546 15902 33.5
Udaipur Cement Works 4 1803 124.6 6 376 -43.4 -1.4 - 3.1 - 1812 137.8 -12.1 1812N 381.6 57 -36.9 39 74.95 0 0.47 30.2 404 12.98 28/11 876 -
UltraTech Cement 10 1803 274.6* 94429790 2231.3 81.2 10.50 0.6 8.6 1812 8812.7 449.1 1812N 25203.2 21 1438.3 -17 61.68 0 27.95 256.2 99448 3621.05 4490/3264 115814 51.6
18 CEMENT - PRODUCTS/BUIL DING MATERIALS
IND. COMPOSITE 308 6887 429 15
Everest Industries L 10 1803 15.6 254 1245 50.7 32.4 6.50 0.2 12.8 1812 307.3 11.4 1812N 1036.8 15 49.5 60 48.09 0 5.75 21.2 691 441.60 598/380 748 10.0
*HIL 10 1803 7.5 758 1279 80.8 108.1 22.50 0.1 14.3 1812 326.3 7.0 1812N 1129.8 20 85.9 42 40.94 0 12.99 19.0 1202 1609.25 2600/1485 1255 11.3
Indian Hume Pipe 2 1803 9.7 94 1526 66.1 13.6 3.40 0.7 14.6 1812 362.5 10.6 1812N 1111.6 -0 57.4 34 69.92 0 5.37 18.5 1327 273.90 414/220 1644 16.5
*Ramco Industries 1 1803 8.7 77 799 72.1 8.3 0.50 0.3 10.8 1812 181.3 10.8 1812N 672.7 16 58.7 19 53.92 8 5.25 16.3 1609 185.70 285/172 1789 19.8
Sanghi Industrie 10 1803 251.0 64 1026 93.3 3.7 - 0.4 5.8 1812 266.1 4.3 1812N 785.0 2 26.2 -65 65.71 98 14.17 28.4 1345 53.60 129/51 1631 30.1
*Visaka Indus. 10 1803 15.9 281 1012 66.6 41.9 7.00 0.5 14.9 1812 239.9 9.1 1812N 836.7 7 53.4 4 41.55 6 3.46 23.5 576 362.90 811/326 764 8.4
19 CERAMICS/TILES/SANITARYWARE
IND. COMPOSITE 75 8682 525 20
Asian Granito India 10 1803 30.1 126 1005 33.0 11.0 1.30 0.4 8.7 1812 248.2 1.6 1812N 702.0 4 5.4 -74 32.42 0 10.62 26.0 518 172.20 520/130 651 29.6
Cera Sanitaryware L 5 1803 6.5 465 1182 100.3 77.1 12.00 0.0 16.6 1812 318.8 28.4 1812N 930.5 13 77.0 11 54.74 0 17.10 22.7 2858 2197.85 3504/2151 2860 26.6
HSIL Ltd. 2 1803 14.5 206 2250 74.8 10.3 4.00 0.8 5.0 1812 735.7 25.5 1812N 1900.8 19 32.3 -37 48.88 0 27.94 33.5 1616 223.55 449/186 2536 28.8
Kajaria Ceramics 1 1803 15.9 87 2581 252.3 15.9 3.00 0.0 18.3 1812 700.2 65.6 1812N 1991.8 6 177.6 -5 47.57 0 34.91 68.5 8218 517.00 595/316 8152 33.8
*Somany Ceramics Ltd. 2 1803 8.5 132 1665 65.1 15.4 2.70 0.5 11.6 1812 425.6 13.6 1812N 1180.5 3 26.6 -36 51.53 0 25.71 12.3 1357 320.20 720/271 1606 27.1
20 CHEMICALS
IND. COMPOSITE 804 37666 4044 29
Aarti Ind. Ltd 5 1803 40.6 186 3699 316.4 38.9 1.00 1.2 20.9 1812 1268.2 132.7 1812N 3646.2 37 344.9 49 52.73 0 18.79 28.5 11447 1407.95 1792/1044 13307 26.6
Alkyl Amines Che 5 1803 10.2 146 616 64.3 31.5 7.00 0.5 21.6 1812 212.7 22.1 1812N 609.0 35 66.2 61 74.19 0 0.75 8.8 1462 716.90 869/525 1610 16.3
Andhra Petro 10 1803 85.0 19 518 46.5 5.5 - 0.2 29.5 1812 171.1 10.0 1812N 506.9 25 56.0 37 45.05 0 0.04 74.5 471 55.45 99/38 497 7.6
Balaji Amines Li 2 1803 6.5 144 864 113.2 34.9 2.60 0.2 24.2 1812 239.7 26.3 1812N 716.4 16 91.1 14 53.33 0 2.86 15.9 1288 397.65 727/369 1387 10.4
BASF India Lt 10 1803 43.3 310 5583 246.5 56.9 3.00 0.4 18.3 1812 1405.0 -38.4 1812N 4707.7 11 -4.5 -103 73.33 0 10.42 40.1 5696 1316.00 2205/1180 6182 92.7
*Camlin Fine Sciences 1 1803 12.1 27 403 -14.2 -1.2 - 0.6 - 1812 149.9 -5.3 1812N 376.6 39 8.1 152 22.55 17 20.32 36.7 535 44.15 123/37 739 -
Chembond Chemica 5 1803 6.7 168 232 13.6 10.1 1.85 0.0 6.0 1812 36.9 1.2 1812N 129.4 -21 4.4 -60 63.89 0 0.35 3.4 416 309.00 448/288 413 58.5
Deepak Nitrite 2 1803 27.3 69 1455 83.5 6.1 1.30 0.4 8.8 1812 452.3 31.6 1812N 1306.0 23 81.5 29 44.63 0 25.25 39.1 2957 216.80 305/205 3282 29.0
Elantas Beck India L 10 1712 7.9 350 383 55.3 69.8 - 0.0 19.9 1809 99.1 10.9 1809N 298.0 5 51.4 27 74.99 0 9.07 7.0 1767 2229.10 2450/1725 1745 26.7
Fairchem Speciality 10 1803 39.1 22 236 19.4 5.0 1.50 0.7 22.2 1812 74.3 6.7 1812N 190.8 8 18.4 33 74.05 0 2.59 6.6 1565 400.65 493/320 1621 65.3
Fine Organic Indus 5 1803 15.3 133 852 101.3 33.1 - 0.1 24.8 1812 259.6 33.7 1812N 760.6 31 102.4 56 75.00 0 21.42 22.3 3529 1151.05 1247/735 3576 25.5
Fineotex Chemical Lt 2 1803 22.3 11 90 21.3 1.9 0.20 0.0 17.6 1812 28.2 4.5 1812N 80.3 22 11.8 -33 72.36 0 0.00 38.7 398 35.80 91/30 401 25.9
Galaxy Surfacta. 10 1803 35.5 188 1684 112.4 31.7 7.00 0.3 16.9 1812 494.2 33.9 1812N 1504.1 22 128.3 51 70.92 0 11.72 47.5 3707 1045.50 1676/885 3875 23.8
Grauer & Weil 1 1803 22.7 16 493 60.6 2.7 0.60 0.0 17.1 1812 154.3 13.6 1812N 414.9 20 49.0 -11 68.98 0 0.00 26.7 1020 45.00 67/42 907 18.7
Guj. Fluorochemi 1 1803 11.0 317 2050 487.3 44.4 3.50 0.2 14.0 1812 673.7 112.5 1812N 2048.7 40 688.5 179 68.33 0 7.73 13.3 9636 877.20 975/722 10315 10.4
Himadri Speciality 1 1803 41.9* 35 1971 242.6 5.8 0.10 0.4 16.7 1812 586.7 84.3 1812N 1793.2 26 235.1 37 48.95 0 3.68 80.5 4393 104.95 165/94 4957 14.3
I G Petrochemicals 10 1803 30.8 171 1144 146.5 47.6 4.00 0.1 27.7 1812 315.4 17.6 1812N 990.6 19 98.3 -13 68.90 0 5.69 32.5 762 247.35 796/216 770 5.8
India Glycols 10 1803 31.0 304 3028 98.1 31.7 4.00 0.7 10.4 1812 757.5 35.0 1812N 2472.5 8 120.8 111 100.00 0 0.00 33.9 800 258.40 620/233 1434 4.9
Jayant Agro Org 5 1803 15.0 90 780 42.4 14.1 4.38 0.7 15.7 1812 184.6 10.7 1812N 579.4 0 34.2 2 65.39 0 0.38 11.8 572 190.55 383/175 755 13.3
*National Peroxid 10 1803 5.7 885 302 95.1 165.5 65.00 0.0 18.7 1812 98.2 37.1 1812N 332.6 63 135.7 135 100.00 3 0.00 13.5 1575 2740.10 5539/2200 1571 9.1
Navin Fluorine Inter 2 1803 9.9* 196 876 179.0 36.2 1.26 0.0 18.4 1812 226.0 38.8 1812N 710.9 7 112.6 -19 31.02 5 33.58 81.2 2960 598.50 840/582 2938 19.5
Oriental Aromatics 5 1803 16.8* 102 505 30.3 9.0 1.00 0.4 8.8 1812 205.1 17.1 1812N 551.8 99 45.3 175 74.16 0 0.25 15.7 744 221.20XB 325/178 871 13.7
*Panama Petrochem 2 1803 12.1 57 1170 54.4 9.0 0.67 0.1 15.8 1812 281.4 14.4 1812N 766.0 -8 29.1 -29 49.92 0 0.72 11.9 612 101.25 231/89 616 14.5
Paushak Ltd. 10 1803 3.1 367 103 21.5 69.7 3.00 0.0 19.0 1812 38.1 7.2 1812N 101.0 51 29.3 114 66.60 0 0.00 8.4 586 1900.00 3319/1265 586 15.8

34 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(22/02/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Pidilite Inds. 1 1803 50.8* 70 5354 955.2 18.8 6.00 0.0 26.8 1812 1589.7 224.7 1812N 4716.0 16 736.2 3 69.76 0 19.39 109.8 54656 1075.95 1209/859 54578 56.1
S H Kelkar & Company 10 1803 144.6 43 682 69.0 4.8 1.75 0.0 11.0 1812 172.0 9.4 1812N 528.2 10 33.0 -37 56.73 0 25.78 23.1 2124 146.90 294/137 2139 42.9
*Seya Industries 10 1803 24.6 301 348 52.4 21.3 1.00 0.7 7.1 1812 104.7 22.6 1812N 317.4 27 64.4 64 74.53 0 8.19 10.7 1054 428.35 714/378 1563 13.0
Thirumalai Chem. 1 1803 10.2 50 1012 144.0 14.1 2.00 0.0 28.0 1812 249.9 10.2 1812N 741.9 -4 80.7 -30 41.51 0 3.48 45.8 789 77.05 242/67 745 7.2
*Transpek Indus. 10 1803 5.6 442 367 26.4 47.3 9.00 0.7 10.7 1812 167.3 14.4 1812N 428.2 64 35.6 116 58.97 0 5.86 9.2 788 1411.65 1730/1170 967 17.3
Valiant Organics 10 1803 5.9 101 121 16.3 27.9 6.50 0.0 27.6 - - - - - - - - 46.19 0 0.89 0.8 762 1300.00 1609/751 751 -
Vinati Organics 2 1803 10.3 155 743 143.9 28.0 4.50 0.0 18.1 1812 303.1 70.7 1812N 811.5 53 200.0 117 74.00 0 10.45 19.2 7990 1554.80 1731/760 8000 31.7
21 CHEMICALS - CHLRO ALKALI
IND. COMPOSITE 426 8826 2666 8
GHCL 10 1803 98.0 166 2906 364.5 37.2 5.00 0.7 22.5 1812 869.9 102.5 1812N 2459.9 13 242.5 -14 18.86 0 31.59 60.5 2178 222.20 301/190 3298 6.7
Guj. Alkalie & C 10 1803 73.4 521 2455 535.0 72.9 6.50 0.1 14.0 1812 816.3 162.3 1812N 2340.8 33 519.8 66 46.27 0 9.74 56.1 3293 448.40 793/418 3393 4.4
Tata Chemicals 10 1803 254.8 445 3466 1767.0 69.4 22.00 0.1 15.6 1812 1019.0 128.4 1812N 3021.8 19 679.4 -8 30.62 0 48.15 173.3 14428 566.35 787/550 11341 8.4
22 COMPRESSORS
IND. COMPOSITE 60 2238 216 31
Elgi Equipments 1 1803 15.8 38 1024 76.9 4.9 1.20 0.1 12.8 1812 295.9 19.1 1812N 839.2 16 58.0 9 31.90 0 27.43 19.6 3988 251.70 318/219 4012 48.9
Ingersoll Rand 10 1803 31.6 357 615 88.9 28.2 208.00 0.0 7.9 1812 207.5 20.9 1812N 547.8 14 64.1 3 73.99 0 6.22 30.5 1796 569.00 915/472 1026 19.8
Kirloskar Pneumatic 2 1803 12.8 72 599 49.9 7.8 2.40 0.0 10.8 1812 133.8 2.8 1812N 458.2 57 22.7 1106 53.75 0 25.10 24.9 1127 175.50 226/138 1066 15.9
23 COMPUTER - HARDAWARE
IND. COMPOSITE 160 18387 -416 17
*Control Print Ltd. 10 1803 16.3 113 174 31.6 19.4 6.50 0.0 17.2 1812 44.0 5.2 1812N 128.6 0 20.3 -9 53.46 0 19.90 11.4 439 268.65 469/235 435 14.8
HCL Infosystem 2 1803 65.8 15 2950 -631.6 -19.2 - 1.7 - 1812 894.5 -29.0 1812N 2765.2 34 -100.0 80 62.88 0 2.42 93.1 665 20.20 66/16 1451 -
Redington (India) Lt 2 1803 77.8 43 15263 183.9 4.7 2.40 0.5 10.9 1812 4417.6 41.5 1812N 12159.3 7 116.0 -23 0.00 0 55.52 28.3 3210 82.50 159/64 3856 21.6
24 COMPUTER - SOFTWARE
IND. COMPOSITE 8218 295940 68088 24
3i Infotech 10 1803 1616.6 1 238 -86.7 -0.5 - 6.5 - 1812 74.3 110.3 1812N 208.6 22 228.4 300 0.00 0 35.55 154.0 630 3.90 6/3 1222 -
Accelya Kale Solut 10 1806 14.9 116 344 94.7 63.5 46.00 0.0 54.5 1812 93.0 27.0 1812H 190.7 11 56.2 -1 100.00 0 0.00 19.8 1384 927.15 1423/896 1378 14.7
*Aptech Ltd. 10 1803 39.9 61 159 19.1 4.8 3.50 0.0 7.8 1812 29.2 0.6 1812N 94.6 -12 2.8 -79 83.89 0 16.09 63.3 655 164.25 333/121 617 80.6
Birlasoft 2 1803 54.8* 55 1442 177.6 6.5 2.40 0.2 11.7 1812 222.6 25.8 1812N 1086.6 4 140.0 23 18.93 32 51.95 55.0 2954 107.75 315/93 3051 14.5
Cigniti Technologies 10 1803 27.5 63 245 25.4 9.2 - 0.3 14.7 1812 65.9 7.8 1812N 187.6 2 39.6 167 100.00 0 0.00 4.6 913 331.85 499/225 965 18.2
Cyient Ltd. 5 1803 56.5 182 1440 401.8 35.5 13.00 0.0 19.5 1812 413.0 73.7 1812N 1204.5 13 304.4 1 22.10 0 66.97 34.5 6822 603.45 887/571 6095 16.9
Datamatics Global Se 5 1803 29.5 76 338 40.7 6.9 0.75 0.1 9.1 1812 95.5 2.6 1812N 285.5 21 20.2 -35 73.45 0 0.33 20.9 504 85.55 154/82 542 16.8
eClerx Services 10 1803 38.7 283 1144 278.1 71.9 1.00 0.0 25.4 1812 280.4 39.1 1812N 847.1 -1 153.2 -31 50.55 0 41.16 26.9 3853 995.80 1408/958 3473 18.5
Firstsource Solution 10 1803 691.0* 31 861 191.9 2.8 1.50 0.0 9.0 1812 191.1 45.6 1812N 585.5 -12 133.0 -9 54.13 0 20.27 163.3 2926 42.35 84/39 2928 16.3
HCL Technologies 2 1803 271.3* 20322073 7362.0 54.3 12.00 0.0 26.7 1812 6556.0 2014.0 1812N 19054.0 16 6154.0 11 60.00 0 36.47 158.4 144191 1063.15 1125/880 141899 18.0
Hexaware Technologie 2 U1812 59.5* 67 1794 453.0 15.2 - 0.0 22.7 1812 497.8 105.2 - - 12 - - 62.65 0 28.10 82.4 10641 357.45 557/295 10538 23.5
Hinduja Global Solut 10 1803 20.8* 529 1670 142.2 68.2 10.00 0.1 12.9 1812 558.6 30.9 1812N 1608.6 29 144.2 51 67.32 0 10.51 13.4 1292 620.10 1000/560 1384 6.8
*Infibeam Avenues 1 1803 66.3 39 306 13.5 0.2 0.20 0.0 0.5 1812 150.3 26.6 1812N 376.4 596 8.2 -31 38.21 18 4.78 85.5 2375 35.80 243/28 2323 -
Infosys 5 1803 2184.3* 1456194116155.0 37.0 43.50 0.0 25.4 1812 18819.0 3501.0 1812N 54171.0 18 10882.0 -16 12.82 0 57.02 934.8 320375 733.35XB 771/550 303605 22.8
Intellect Design 5 1803 65.8* 57 677 32.8 2.5 - 0.2 4.4 1812 234.6 22.5 1812N 682.4 50 131.5 18244 31.57 0 23.62 52.7 2197 167.05 283/151 2235 13.4
L&T Infotech 1 1803 17.3* 214 6906 1160.1 66.9 21.50 0.0 31.2 1812 2330.5 362.7 1812N 6573.9 31 1114.7 33 74.83 0 15.21 128.3 29804 1718.30 1990/1270 29554 20.8
Majesco L 5 1803 14.2* 183 20 14.4 5.1 1.00 0.0 2.8 1812 4.8 3.9 1812N 15.1 4 9.7 -17 39.15 4 20.80 24.3 1311 462.45 581/401 1281 105.8
Mastek Li 5 1803 12.0* 95 162 15.7 6.6 6.00 0.0 6.9 1812 48.9 12.7 1812N 144.3 18 28.6 65 45.86 0 19.06 19.7 892 372.35 644/366 880 33.0
MindTree Ltd. 10 1803 164.2 173 5325 624.9 38.1 11.00 0.1 22.0 1812 1787.2 191.3 1812N 5182.1 33 555.7 28 13.32 0 50.56 83.1 14806 901.60 1182/729 14782 19.5
MphasiS Ltd. 10 1803 186.2* 210 3275 739.9 39.7 20.00 0.0 19.0 1812 862.3 219.1 1812N 2539.3 5 578.7 11 52.29 0 37.13 79.7 18843 1012.20 1278/802 18762 23.6
Newgen Software Tech 10 1803 69.2 58 460 70.6 10.2 2.00 0.2 17.6 1812 137.7 14.9 1812N 364.1 25 35.5 162 97.57 0 0.00 25.7 2048 295.85 349/205 1976 22.1
NIIT Ltd. 2 1803 33.5* 47 362 5.1 0.3 - 0.1 0.6 1812 92.2 -2.9 1812N 265.4 1 25.1 2819 31.59 0 27.74 68.4 1370 81.85 125/61 1476 46.6
NIIT Technologies 10 1803 61.8* 236 1646 226.2 36.6 15.00 0.0 15.5 1812 521.4 47.4 1812N 1451.4 17 235.6 24 30.58 0 55.97 39.4 7926 1283.20 1425/795 7876 29.2
Nucleus Software 10 1803 29.0 145 337 65.6 22.6 8.00 0.0 15.6 1812 100.3 17.4 1812N 292.0 19 60.9 22 67.58 0 9.82 16.4 929 320.00 510/316 884 12.1
Oracle Financial Ser 5 1803 42.9* 444 3862 1006.0 117.3 130.00 0.0 26.4 1812 834.8 289.5 1812N 2698.1 -8 985.6 19 73.52 0 19.28 24.2 29543 3444.95 4655/3330 27663 25.4
Persistent Systems 10 1803 80.0 257 1733 342.1 42.8 10.00 0.0 16.7 1812 488.0 61.0 1812N 1443.6 11 243.0 2 30.47 0 43.06 56.3 4868 608.55 915/533 4752 14.1
Quick Heal Technolog 10 1803 70.6 105 316 78.9 11.2 3.00 0.0 10.7 1812 65.9 16.1 1812N 227.5 15 60.2 67 72.32 0 2.87 49.3 1359 192.55 354/172 1350 13.2
R Systems Internat. 1 U1812 12.4 22 317 31.0 2.5 0.60 0.0 11.2 1812 87.9 13.2 - - 17 - - 51.16 0 0.00 13.0 613 49.40 56/24 541 19.6
Ramco Systems Lt 10 1803 30.6 247 285 65.8 21.5 - 0.0 8.7 1812 84.7 12.0 1812N 236.7 14 42.7 12 54.62 0 22.83 13.9 691 225.80 521/200 724 9.8
Sasken Technologies 10 1803 17.1 361 421 83.0 48.5 10.00 0.0 13.4 1812 101.1 20.6 1812N 311.2 -2 73.0 24 42.41 0 18.91 21.9 1028 600.75 1140/571 993 10.6
*Sonata Software 1 1803 10.5 47 689 151.3 14.4 10.50 0.0 30.8 1812 212.0 38.6 1812N 610.3 20 127.6 18 28.17 0 23.06 41.3 3548 337.40 429/266 3422 20.7
SQS India BFSI 10 1803 10.7 95 276 28.0 26.1 24.00 0.0 27.6 1812 70.5 5.9 1812N 219.4 9 23.4 26 53.75 0 0.15 14.6 516 481.50 602/379 460 15.7
Take Solutions Ltd. 1 1803 14.8 52 2 15.3 1.0 1.60 0.0 2.0 1812 14.9 5.4 1812N 15.5 873 54.9 306 66.79 0 14.69 24.3 1692 114.40 308/97 1540 29.9
Tata Consultancy 1 1803 375.2* 2029735625241.0 67.3 50.00 0.0 33.3 1812 30964.0 7486.0 1812N 91124.0 27 22242.0 20 72.04 3 23.46 721.2 722672 1925.90XB 2273/1391 719405 24.9
Tata Elxsi Ltd. 10 1803 62.3 119 1386 240.0 38.5 8.00 0.0 32.5 1812 407.0 66.0 1812N 1191.8 18 218.7 29 44.56 0 14.41 113.4 5637 905.15 1492/826 5243 19.5
Tech Mahindra Ltd. 5 1803 490.7* 19923661 3999.3 40.7 14.00 0.0 20.5 1812 6989.7 1152.9 1812N 20155.0 14 3399.3 13 35.94 0 51.31 443.7 80987 825.20 840/592 79203 18.4
Vakrangee 1 1803 105.9 24 6379 662.6 6.3 0.25 0.0 25.7 1812 82.5 1.0 1812N 1362.3 -70 14.7 -98 41.74 0 20.08 179.9 4373 41.30 294/22 2934 -
Wipro Ltd 2 1803 905.0* 9344710 7722.8 17.1 2.00 0.1 18.3 1812 12138.7 2518.4 1812N 35708.5 7 6048.0 1 74.29 0 16.03 268.3 171504 379.00CB 380/254 173902 22.0
Xchanging Solutions 10 1803 111.4 17 56 5.6 0.5 - 0.0 3.0 1812 14.3 4.6 1812N 39.4 -5 12.3 150 90.79 0 0.36 15.1 501 44.95 65/34 495 38.6
Zen Technologies Ltd 1 1803 7.7 15 39 -0.4 -0.1 0.10 0.0 - 1812 34.0 12.1 1812N 48.7 90 6.8 278 59.48 33 0.07 11.6 554 71.75 141/53 514 -
Zensar Technologies 2 1803 45.0* 56 1286 192.6 8.6 2.40 0.0 15.4 1812 325.4 33.4 1812N 1017.4 8 175.1 30 48.84 0 19.20 27.7 4662 207.10 352/172 4622 20.0
25 CONSTRUCTIONS
IND. COMPOSITE 6655 88016 5079 22
*Ahluwalia Contra 2 1803 13.4 93 1647 115.4 17.2 - 0.0 18.5 1812 418.5 26.9 1812N 1264.8 5 86.3 2 57.95 41 37.44 6.1 1806 269.65 445/244 1711 15.4
Ajmera Realty & Infr 10 1803 35.5 142 289 75.6 21.3 3.30 0.6 15.0 1812 108.5 18.0 1812N 249.9 35 43.0 -4 67.45 6 0.30 33.1 604 170.30 290/131 902 8.2
*Anant Raj Ltd. 2 1803 59.0 140 440 42.9 1.5 0.24 0.4 1.0 1812 130.8 14.6 1812N 311.7 1 25.5 -16 63.49 0 8.43 52.4 952 32.25 59/29 2735 25.2
*Ashiana Housing Ltd. 2 1803 20.5 75 272 38.8 3.8 0.25 0.2 5.0 1812 56.6 3.7 1812N 243.8 23 22.2 -9 61.03 0 8.80 25.7 1124 109.80 177/104 1226 30.7
Ashoka Buildcon Ltd. 5 1803 140.4* 75 2446 237.0 8.4 0.80 0.1 11.3 1812 1065.1 62.2 1812N 2513.3 43 188.2 28 54.25 0 35.71 24.0 3461 123.30XB 197/93 3463 11.8
*B L Kashyap & Sons 1 1803 22.5* 23 937 49.0 2.2 - 0.7 9.5 1812 187.1 4.5 1812N 597.9 -14 26.3 14 61.43 100 7.43 20.9 463 20.55 52/18 791 8.9
Bharat Road Network 10 1803 84.0 139 33 28.9 3.4 1.00 0.1 2.5 1812 2.9 5.0 1812N 8.0 -61 16.7 -14 65.09 36 1.69 12.5 795 94.70 202/77 921 30.2
Brigade Enterprises 10 1803 136.2* 171 1265 180.5 13.3 2.00 0.7 7.8 1812 439.1 47.7 1812N 1341.3 22 169.0 24 46.84 0 28.36 53.1 2702 198.40 309/157 4214 12.7

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 35


Databank Updated Information Updated as on February 22, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(22/02/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Capacit’e Infraproje 10 1803 67.9 110 1336 78.7 11.6 1.00 0.2 10.5 1812 449.4 23.9 1812N 1290.0 35 69.6 24 43.78 0 12.61 53.0 1364 200.85 373/171 1227 14.8
D B Realty Ltd. 10 1803 243.3 117 4 -87.1 -3.6 - 0.2 - 1812 0.2 -10.8 1812N 2.8 -25 -32.3 -575 62.32 72 7.36 29.1 547 22.50 73/16 977 -
*Dilip Buildcon Ltd. 10 1803 136.8 180 7746 620.3 45.4 1.00 1.1 25.2 1812 2487.2 206.9 1812N 6547.3 26 545.0 35 75.63 25 15.58 62.5 5940 434.30 1248/312 8549 7.8
DLF Ltd. 2 1803 356.9* 131 3056 365.2 2.0 2.00 0.8 1.6 1812 924.3 204.2 1812N 2352.2 18 434.3 568 74.94 0 18.05 317.2 30211 169.30 230/141 41098 41.1
*Gayatri Projects 2 1803 37.4 60 2912 188.1 10.0 - 1.6 16.7 1812 877.9 47.9 1812N 2312.0 17 118.6 3 44.95 94 40.73 10.1 2795 149.30 220/146 4315 14.6
*Generic Engineering 5 1803 19.3 25 138 11.5 3.0 0.05 0.1 12.1 1812 48.3 4.0 1812N 146.2 43 11.1 41 50.25 0 1.74 2.5 535 138.90 194/108 490 36.2
Godrej Properties Lt 5 1803 114.7* 98 956 240.8 10.5 - 1.7 10.8 1812 185.0 5.2 1812N 446.5 -12 20.9 -83 70.83 0 15.13 44.3 16705 728.45 917/462 20137 116.8
*HDIL 10 1803 454.0 252 388 95.3 2.1 - 0.1 0.8 1812 88.1 9.2 1812N 554.7 60 86.2 -2 39.28 0 13.87 257.6 1083 23.85 52/18 2673 11.3
HG Infra Engineering 10 1803 65.2 83 1393 84.3 12.9 - 0.6 15.6 1812 550.6 35.2 1812N 1429.9 61 86.8 80 73.74 0 16.85 16.2 1288 197.70 356/170 1360 10.5
Hind.ConstructionCo. 1 1803 151.3* 22 4575 77.5 0.5 - 1.2 2.4 1812 1101.8 9.9 1812N 3018.6 -4 -1535.0 -2773 33.12 92 36.00 254.9 1915 12.66 27/10 5029 -
*Indiabulls Integrate 2 1803 17.9 72 1 2.3 0.3 - 0.4 0.3 1812 0.0 7.1 1812N 0.2 -86 21.2 8584 43.25 0 23.40 50.9 2340 261.95 785/196 2591 100.7
*Indiabulls Real Esta 2 1803 90.1 153 82 -19.8 -0.4 - 0.4 - 1812 4.7 -36.8 1812N 111.6 55 -20.9 -66 38.86 61 25.94 117.6 3369 74.75 226/63 5730 -
IRB Infrastructure 10 1803 351.4 71 2899 444.1 12.6 5.00 1.9 17.7 1812 815.1 47.4 1812N 2415.4 10 245.5 -22 57.53 0 35.10 91.6 4535 129.05 286/110 8402 12.1
*ITD Cementation Indi 1 U1812 17.2 43 1827 117.2 6.8 - 0.7 15.9 1812 450.3 34.4 - - -2 - - 46.63 0 32.59 34.9 1799 104.70 190/96 2136 15.4
J Kumar Infraproject 5 1803 37.8 199 2051 136.6 18.0 2.00 0.3 9.1 1812 686.0 44.2 1812N 1819.1 58 119.8 46 44.11 24 30.88 25.2 976 128.95 338/104 944 5.6
*JaiprakashAssociates 2 1803 486.5 42 6049 351.7 1.4 - 0.5 3.4 1812 1517.3 -97.8 1812N 5112.1 15 -423.4 -198 38.91 20 16.10 587.4 1501 6.17 22/5 6551 -
*Jaypee Infratech Ltd 10 1803 1388.9 24 -74 -1818.4 -13.1 - 2.1 - 1812 338.6 -326.6 1812N 905.5 376 -976.9 27 60.98 84 8.96 136.7 439 3.16 14/2 7402 -
JMC Projects 2 1803 33.6 47 2756 106.1 6.3 0.60 0.8 13.4 1812 893.0 36.8 1812N 2315.4 14 93.4 33 67.18 0 16.90 10.6 1580 94.10 142/67 2085 12.4
*KNR Constructions 2 1803 28.1 82 1932 272.1 19.3 0.40 0.2 23.5 1812 448.9 52.1 1812N 1421.5 9 171.1 -11 55.38 0 31.69 29.9 2739 194.75 339/163 2907 10.9
Kolte-Patil Develope 10 1803 75.8 118 671 104.9 13.8 2.00 0.3 11.8 1812 59.2 -4.5 1812N 285.2 -37 40.9 -44 74.52 0 13.97 38.3 1848 243.80 369/207 2049 25.4
Mahindra Lifespace D 10 1803 51.3* 352 475 53.1 10.3 6.00 0.1 2.9 1812 121.4 15.4 1812N 326.0 -1 52.7 44 51.49 0 23.83 58.0 1927 375.25 669/367 2010 27.8
Man Infraconstructio 2 1803 49.5 29 193 73.7 3.0 1.08 0.0 10.1 1812 35.0 18.0 1812N 125.6 -3 93.5 51 64.01 0 1.86 30.4 812 32.80 58/32 740 7.7
MarathonNextgenRea 5 1803 23.0 125 13 30.9 6.7 2.00 0.2 5.3 1812 1.7 5.8 1812N 13.5 2128 28.6 7 74.96 0 0.00 5.5 504 109.55 266/91 610 15.3
NBCC (India) 1 1803 180.0 10 5905 333.6 1.9 0.83 0.0 18.3 1812 1651.6 77.7 1812N 4867.2 31 231.4 21 70.56 0 15.49 272.9 9549 53.05 109/47 7835 25.6
NCC 2 1803 120.1 71 7559 286.8 4.8 1.00 0.3 6.8 1812 3226.5 160.2 1812N 8690.9 68 389.6 112 18.11 43 47.63 138.0 5090 84.75 137/63 6188 10.3
Oberoi Realty 10 1803 363.6 123 974 417.2 11.5 2.00 0.2 9.3 1812 149.8 54.5 1812N 848.5 19 390.6 21 67.70 0 29.87 26.6 18275 502.60 609/352 19101 37.6
Omaxe Ltd. 10 1803 182.9 93 1268 63.5 3.5 0.70 0.6 3.7 1812 89.9 4.1 1812N 497.1 -47 12.0 -74 74.43 58 15.16 50.0 3794 207.45 229/206 4487 130.6
Patel Engg. Ltd. 1 1811 16.4 136 2039 59.1 3.6 - 1.1 2.6 1812 484.1 28.7 - - 17 - - 19.82 93 52.04 58.6 402 24.50 75/23 2661 2.6
Phoenix Mills 2 1803 30.7* 168 397 154.8 10.1 2.60 0.2 6.0 1812 112.1 30.8 1812N 330.0 13 135.9 10 62.77 0 32.25 14.4 9047 590.20 725/492 9668 54.1
PNC Infratech 2 1803 51.3 70 1857 251.0 9.8 0.50 0.1 13.9 1812 727.0 47.4 1812N 2021.2 84 185.0 33 56.06 0 28.96 24.1 3359 130.95 200/123 3341 11.3
Prestige Estates Pro 10 1803 375.0 131 2993 232.0 6.2 1.20 0.8 4.7 1812 508.1 52.0 1812N 1588.7 -20 151.6 -13 70.00 0 28.92 15.6 7944 211.85 345/164 11216 38.0
PSP Projects 10 1803 36.0 84 730 64.4 17.9 5.00 0.1 21.3 1812 261.1 21.5 1812N 705.8 51 60.1 45 73.28 0 7.30 12.8 1408 391.00 596/359 1204 16.9
*Puravankara 5 1803 118.6 84 886 77.2 3.3 1.60 0.3 3.9 1812 427.2 22.8 1812N 1023.9 44 60.1 12 100.00 0 0.00 32.1 1755 74.00 170/53 2299 21.0
Ramky Infrastructure 10 1803 59.8 58 1346 65.0 10.9 - 2.4 18.6 1812 193.8 -33.8 1812N 731.6 -19 -4.0 -162 68.83 47 1.89 20.5 620 103.60 218/101 1416 11.4
*Sadbhav Engineering 1 1803 17.2 109 3505 220.7 12.9 1.00 0.7 11.8 1812 925.5 56.3 1812N 2527.6 -2 158.0 5 46.54 44 37.84 20.2 2975 173.40 410/162 4295 13.1
*Simplex Infrastructu 2 1803 11.4* 286 5766 117.0 20.5 0.50 2.1 7.1 1812 1403.4 36.3 1812N 4466.8 8 89.0 2 49.29 0 31.64 12.7 825 144.35 630/131 4215 7.0
Sobha 10 1803 94.8 276 2630 193.9 20.4 7.00 0.9 7.4 1812 781.8 71.1 1812N 1976.7 4 171.6 28 55.97 19 38.62 54.8 4193 442.05 590/381 6338 18.1
Sunteck Realty Ltd. 1 1803 14.6 110 176 123.6 8.4 0.75 0.2 7.7 1812 61.9 51.4 1812N 183.0 68 160.4 94 66.96 0 27.65 7.4 4973 339.80 526/296 5221 24.7
Texmaco Infrastructu 1 1803 12.7 36 12 9.6 0.8 0.20 0.1 2.1 1812 2.4 0.7 1812N 10.5 10 6.8 -16 62.17 1 7.99 18.8 691 54.20 77/46 715 -
*Vipul Ltd. 1 1803 12.0 34 269 2.5 0.2 0.05 1.3 0.6 1812 53.9 0.5 1812N 154.1 -27 1.0 -68 74.59 61 0.00 4.1 438 36.50 76/28 936 -
Welspun Enterprises 10 1803 148.1 98 997 109.7 7.4 1.50 0.0 7.5 1812 431.9 47.3 1812N 1028.7 67 107.4 32 46.16 0 8.75 52.9 1516 102.35 203/88 1532 11.2
26 CONSUMER DURABLES
IND. COMPOSITE 466 43430 2616 47
*Amber Enterprises 10 1803 31.4 281 1923 62.0 19.7 - 0.0 7.0 1812 388.8 3.8 1812N 1217.1 -2 31.0 10 44.01 0 18.78 37.4 2107 669.95 1200/621 2027 32.5
Bajaj Electricals 2 1803 20.5* 92 4707 83.6 8.2 3.50 0.8 8.8 1812 2161.8 63.9 1812N 4900.2 58 138.5 82 62.73 0 14.30 43.7 4732 462.15 706/379 5424 32.4
Blue Star 2 1803 19.3 102 4424 141.9 14.7 10.00 0.3 14.4 1812 996.6 -19.9 1812N 3302.4 8 80.3 -17 38.75 0 30.61 45.2 5857 608.15 843/507 6112 46.7
Dixon Technologies 10 1803 11.3 268 2210 57.0 50.3 - 0.1 18.8 1812 617.3 14.3 1812N 1801.5 8 42.6 -2 38.92 0 30.48 34.1 2557 2257.45 3941/1894 2561 45.5
*Eveready Industr 5 1803 36.3 47 1456 54.7 7.5 1.50 0.5 15.9 1812 379.2 0.2 1812N 1146.0 4 43.2 -39 100.00 45 0.00 48.2 1457 200.45 418/176 1642 53.8
Hawkins Cookers 10 1803 5.3 208 553 48.7 92.1 70.00 0.2 44.3 1812 174.7 12.5 1812N 468.1 22 40.7 14 56.03 0 14.17 13.9 1501 2839.50 3548/2652 1432 28.0
IFB Industries 10 1803 40.5 136 2149 83.3 20.5 - 0.0 15.1 1812 666.3 18.6 1812N 1915.5 18 68.3 9 74.96 0 10.06 19.3 3336 823.20 1449/700 3286 37.5
Johnson Controls-Hit 10 1803 27.2 197 2185 100.2 36.8 1.50 0.0 18.7 1812 434.9 -7.6 1812N 1575.8 1 43.6 -27 74.25 0 16.55 14.1 4799 1764.80 2750/1505 4775 57.0
Mirc Electronics 1 1803 23.1 9 728 23.5 1.0 - 0.2 10.7 1812 160.6 1.4 1812N 488.6 -9 -2.0 -110 52.90 35 1.66 58.1 518 22.45 56/20 543 -
Symphony 2 1803 14.0 86 687 183.0 26.2 4.50 0.0 30.3 1812 159.0 43.0 1812N 386.0 -27 82.0 -42 74.99 0 15.14 22.9 8106 1158.70 1992/812 8087 65.4
Timex Group India 1 1803 10.1 -6 207 7.5 0.7 - -1.7 - 1812 62.2 -3.7 1812N 183.4 21 2.3 1620 74.93 0 0.02 42.6 493 48.80 77/39 518 -
Titan Company 1 1803 88.8 59 15621 1162.9 13.1 3.75 0.3 22.4 1812 5672.2 416.2 1812N 14397.9 26 1079.8 23 52.90 0 26.60 188.2 92334 1040.05 1077/732 93326 67.8
TTK Prestige L 10 1803 11.6 869 1746 256.9 222.4 30.00 0.0 25.5 1812 552.0 56.8 1812N 1523.2 15 146.5 -33 70.40 0 18.46 26.5 8969 7765.00 8100/5500 8871 48.9
Whirlpool of Ind 10 1803 126.9 142 4832 350.7 27.6 4.00 0.0 19.5 1812 1209.9 60.6 1812N 4042.5 13 302.9 17 74.99 0 13.96 49.6 17147 1351.50 1859/1263 16165 43.5
28 COURIERS
IND. COMPOSITE 45 3237 177 46
Blue Dart Expres 10 1803 23.7 262 2791 142.1 59.9 12.50 0.3 22.9 1812 855.5 31.4 1812N 2386.1 15 74.7 -31 74.99 0 10.41 17.4 7326 3087.65 4340/2620 7265 67.3
Gati Ltd. 2 1803 21.7 69 446 34.5 3.2 0.90 0.1 4.6 1812 144.1 4.8 1812N 389.3 16 20.3 -57 24.14 77 6.70 108.1 854 78.70 137/64 941 -
29 CYCLES & ACCESSORIES
IND. COMPOSITE 19 4598 136 48
Tube Investments 1 1803 18.8 65 4598 136.5 7.3 1.75 0.4 11.2 1812 1340.8 77.3 1812N 4062.2 17 188.4 63 47.89 0 26.98 21.9 6612 352.30 391/211 7030 31.6
30 DIAMOND CUTTING/PRECIOUS METALS/JEWELLERY
IND. COMPOSITE 606 48750 1124 20
Asian Star Co 10 1803 16.0 425 2727 35.6 22.3 1.50 1.1 5.2 1812 566.4 8.1 1812N 1877.5 -9 26.4 18 74.65 0 4.45 0.5 1042 651.00 1288/610 1600 26.8
Atlas Jewellery 10 1803 100.7 15 6 -4.0 -0.4 - 0.0 - 1812 0.7 -6.5 1812N 2.2 -54 7.4 221 51.30 0 0.00 5.5 1102 109.45 434/51 1102 -
PC Jeweller L 10 1803 394.6 99 9486 567.4 14.4 0.50 0.3 14.4 1812 2119.1 138.3 1812N 6177.4 -16 374.0 -17 100.00 0 0.00 207.2 2697 68.35 382/47 2260 5.5
Rajesh Exports L 1 1803 29.5 141 33660 441.2 14.9 1.00 2.1 10.6 1812 8887.3 115.7 1812N 31746.8 22 345.2 4 54.03 0 24.21 25.1 16766 567.85 843/544 11735 36.8
Renaissance Jeweller 10 1803 18.9 243 1022 29.9 15.8 - 0.4 6.5 1812 405.6 8.5 1812N 977.2 27 31.2 0 70.76 0 0.07 8.3 563 298.00 360/252 722 18.7
*Thangamayil Jeweller 10 1803 13.7 123 1379 22.9 16.7 3.50 1.1 13.6 1812 342.0 5.7 1812N 1093.1 7 23.1 29 66.45 19 6.42 5.0 450 328.00 590/291 608 16.0
Vaibhav Global Ltd. 10 1803 32.7* 166 470 30.8 9.4 - 0.1 5.7 1812 125.9 7.5 1812N 354.1 3 23.3 -17 64.03 0 23.02 6.3 2047 626.15 770/573 2085 79.0
31 DIVERSIFIED
IND. COMPOSITE 1194 124798 9590 30
3M India Ltd. 10 1803 11.3 1364 2556 310.5 275.7 - 0.0 20.2 1812 736.0 101.4 1812N 2119.5 13 264.8 22 74.99 0 10.53 22.3 26231 23285.6026679/18214 25447 73.3

36 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(22/02/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
*Andrew Yule & Co 2 1803 97.8 4 362 17.1 0.4 0.04 0.1 9.1 1812 82.0 0.5 1812N 238.2 -15 12.2 -73 89.24 0 4.75 30.1 868 17.75 33/16 813 -
Balmer Lawrie & 10 1803 114.0 110 1726 184.8 16.2 10.00 0.0 14.7 1812 394.7 26.9 1812N 1300.7 4 100.2 3 0.00 0 9.32 49.8 1967 172.50 237/160 1501 10.5
Century Textiles 10 1803 111.7 246 8190 371.7 33.3 6.50 1.4 13.5 1812 951.1 134.3 1812N 3001.8 -50 453.4 72 50.20 0 26.61 66.2 8683 777.40 1274/707 12289 15.4
DCM Shriram 2 1803 31.2 197 6807 688.4 44.1 8.20 0.2 22.4 1812 2089.7 223.9 1812N 5810.1 11 618.4 -1 66.53 0 12.07 44.7 5701 365.60 580/223 6234 8.4
Grasim Inds. 2 1803 131.5* 68115788 1768.7 26.9 5.50 0.1 4.0 1812 5292.9 608.1 1812N 15200.6 36 64.0 -95 40.15 0 38.93 235.3 49866 758.30 1201/689 52406 114.1
Kesoram Industri 10 1803 142.6 55 3583 -463.5 -32.5 - 4.3 - 1812 984.2 -115.3 1812N 2842.1 9 -275.0 10 53.17 21 5.57 87.6 880 61.70 135/55 4123 -
L&T 2 1803 280.4 350 74463 5387.3 38.4 14.00 0.2 11.0 1812 22343.0 1634.8 1812N 56165.4 18 4300.3 46 0.00 0 56.89 1018.9 179407 1279.45 1459/1183 184867 26.6
Nava Bharat Ventures 2 1803 35.7 155 1310 161.6 9.0 1.50 0.1 5.8 1812 349.4 33.4 1812N 1012.4 12 128.8 36 44.67 0 20.78 25.7 1832 102.60 168/95 2012 9.4
*Nesco Ltd. 2 1803 14.1 142 304 176.7 25.1 0.44 0.0 17.5 1812 88.5 42.0 1812N 265.5 16 128.8 -4 68.19 0 7.85 23.5 3011 427.40 638/405 3005 17.7
Prakash Indus. 10 1803 163.3 168 2935 386.3 23.6 - 0.3 14.1 1812 1025.8 141.3 1812N 2961.5 46 440.7 88 39.29 65 5.57 93.5 1453 88.95 232/67 2122 2.5
*The Andhra Sugars 10 1803 27.1 328 967 99.3 36.6 10.00 0.2 11.2 1812 249.1 43.4 1812N 722.7 -0 122.7 35 81.69 0 4.22 15.0 851 313.95 510/290 998 6.5
*Voltas Ltd. 1 1803 33.1 106 5809 501.2 15.1 4.00 0.0 14.3 1812 1384.3 62.4 1812N 4652.4 18 339.0 5 30.29 0 47.51 119.4 17557 530.60 665/471 17385 34.0
32 DYES & PIGMENTS
IND. COMPOSITE 148 8205 725 21
Atul Ltd. 10 1803 29.7 741 3107 270.4 91.2 12.00 0.0 12.3 1812 1019.5 116.9 1812N 2915.0 30 320.1 88 44.68 7 29.08 26.0 9939 3350.95 3633/2525 9917 23.7
Bhageria Industries 5 1803 10.9 137 367 40.3 18.5 5.50 0.3 13.5 1812 112.0 15.1 1812N 346.9 34 61.2 119 70.48 0 0.06 10.3 493 226.05 365/211 542 6.9
Bodal Chemicals 2 1803 24.4 57 1121 127.5 10.4 0.80 0.2 18.2 1812 331.5 31.8 1812N 1058.7 26 114.4 30 57.43 0 12.68 50.3 1193 97.60 156/90 1335 7.7
Clariant Chemicals ( 10 1803 23.1 271 1014 21.6 9.4 5.00 0.0 3.5 1812 249.9 -2.7 1812N 770.6 0 10.6 -46 51.00 0 10.45 37.8 801 347.20 597/320 774 64.7
Kiri Industries 10 1803 31.3 143 884 102.5 32.7 - 0.4 22.9 1812 233.9 22.1 1812N 757.0 20 98.1 26 44.63 0 20.40 19.9 1189 379.25 684/374 1357 9.7
Sadhana Nitro 5 1803 9.3* 25 111 31.4 16.8 - 0.3 68.1 1812 70.3 27.3 1812N 220.2 283 78.3 724 74.01 0 0.18 7.1 494 264.95 675/108 496 4.9
*Sudarshan Chem. 2 1803 13.8 65 1324 88.0 12.7 3.50 0.7 19.4 1812 347.7 14.5 1812N 1067.4 3 139.4 113 52.89 0 9.71 22.1 2216 320.05 634/291 2500 13.7
Ultramarine Pig. 2 1803 5.8 175 277 43.6 14.9 4.25 0.0 8.5 1812 82.7 16.0 1812N 233.9 14 49.0 39 36.73 0 1.12 10.2 673 230.50 375/205 658 11.7
33 EDIBLE OILS & SOLVENTEXTRACTION
IND. COMPOSITE 121 9230 296 13
Agro Tech Foods Ltd. 10 1803 24.4 140 811 31.6 13.0 2.50 0.0 9.3 1812 215.4 10.0 1812N 623.4 4 25.6 6 51.77 0 11.49 15.3 1404 576.20 820/451 1375 42.4
Guj. Amb.Exports 2 1803 22.9 89 3364 179.9 15.7 0.90 0.6 17.6 1812 1177.5 80.5 1812N 2757.9 11 166.6 65 63.76 0 2.28 41.7 2492 217.35 310/172 3125 10.2
Sanwaria Consumer 1 1803 73.6 6 5055 84.7 1.2 0.07 2.2 17.1 1812 1305.9 42.8 1812N 3801.8 4 118.1 60 64.04 16 0.20 79.3 643 8.74 24/8 1605 4.2
34 ELECTRIC EQUIPMENT
IND. COMPOSITE 829 43706 2772 35
ABB India 2 1712 42.4 170 9087 419.9 19.8 4.00 0.0 11.6 1809 2515.4 108.3 1809N 7753.6 23 313.0 26 74.99 0 16.67 66.2 26464 1248.85 1561/1123 24977 54.6
Bharat Electroni 1 1803 243.7 32 10322 1399.3 5.7 2.05 0.0 18.0 1812 2716.5 507.6 1812N 8200.0 22 1258.7 50 61.93 0 27.81 297.5 19176 78.70 158/73 18471 10.6
Centum Electronics L 10 1803 12.9 124 355 -21.8 -16.9 1.00 1.2 - 1812 154.7 25.2 1812N 343.4 31 43.2 508 58.81 0 10.70 8.1 513 398.10 624/321 688 -
CG Power and Indust 2 1803 125.3 61 4981 -324.7 -5.2 - 0.4 - 1812 1370.3 -66.8 1812N 3938.3 8 -16.1 -133 34.37 100 48.11 140.0 1955 31.20 85/21 2829 -
Crompton Greaves Con 2 1803 125.4 13 4080 323.8 5.2 1.75 0.8 41.0 1812 1030.3 79.7 1812N 3272.0 11 260.9 18 34.36 49 50.01 107.0 13106 209.05 272/190 13577 36.0
*Elpro Internl. 1 1803 16.9 9 61 4.2 0.2 - 1.8 2.9 1812 13.1 4.2 1812N 41.2 -5 91.9 3875 72.92 17 14.90 4.7 836 49.30 70/40 1027 8.9
Genus Power Infrastr 1 1803 25.7* 29 835 51.5 2.0 0.41 0.3 6.9 1812 292.1 23.0 1812N 754.0 37 49.8 37 50.47 5 9.89 35.0 767 29.80 68/23 967 11.8
Havells India 1 1803 62.5 60 8139 712.5 11.4 4.00 0.0 19.1 1812 2518.4 195.7 1812N 7305.8 30 584.7 20 59.54 0 31.25 98.3 43423 694.25 753/484 42005 53.6
Igarashi Motors Indi 10 1803 31.5* 131 458 66.3 21.1 6.00 0.1 16.1 1812 128.8 9.6 1812N 464.0 35 50.3 1 75.00 28 13.71 13.5 1241 394.30XB 776/382 1156 22.7
*Olectra Greentech 4 1803 30.7 26 161 8.9 1.2 - 0.4 4.5 1812 89.5 -4.0 1812N 193.5 70 -14.3 -552 58.48 35 1.50 11.9 1601 208.80 277/134 1651 -
Orient Electric 1 1803 21.2 12 1600 64.0 3.0 - 0.6 24.3 1812 420.4 11.8 1812N 1226.7 26 30.7 80 38.51 0 22.54 30.8 2868 135.15 177/108 3001 36.9
Schneider Electric 2 1803 47.8 2 1314 -64.7 -2.7 - 6.5 - 1812 437.3 -6.3 1812N 1099.8 7 -25.8 38 74.99 0 9.90 53.3 2145 89.70 135/81 2365 -
V-Guard Ind.Ltd. 1 1803 42.7 18 2312 133.1 3.1 0.70 0.0 17.7 1812 594.3 33.7 1812N 1826.7 11 106.3 1 64.15 0 24.30 79.0 8183 191.75 255/159 8178 61.1
35 ELECTRIC EQUIPMENT- GENSETS/TURBINES
IND. COMPOSITE 42 1509 160 28
Honda Siel Power 10 1803 10.1 468 768 61.4 60.5 9.00 0.0 12.9 1812 219.6 16.9 1812N 585.4 4 43.4 -9 67.66 0 7.76 16.8 1064 1049.10 1547/1012 872 18.6
*Triveni Turbine 1 1803 32.3 14 741 98.2 3.0 1.00 0.0 22.0 1812 205.2 19.0 1812N 591.7 18 64.2 9 67.78 3 27.44 31.0 3385 104.70 130/92 3380 32.7
36 ELECTRIC EQUIPMENT - TRANSFORMERS
IND. COMPOSITE 44 6290 205 14
Apar Industries 10 1803 38.3 266 5516 144.1 37.6 9.50 0.3 14.1 1812 2002.3 44.1 1812N 5212.4 36 98.2 -10 58.55 0 30.38 23.8 2397 626.40 821/535 2437 17.9
*Bharat Bijlee 10 1803 5.7 1223 774 61.0 107.9 2.50 0.3 8.8 1812 224.8 13.0 1812N 659.3 20 31.9 163 33.45 0 18.87 18.9 572 1011.40 1790/953 776 7.1
37 ELECTRODES - GRAPHITE
IND. COMPOSITE 79 5708 1995 8
Graphite India Ltd. 2 1803 39.1 133 2958 913.6 46.8 17.00 0.1 35.1 1812 1562.0 609.0 1812N 5347.0 206 2379.0 417 65.21 0 16.67 166.5 8118 415.50 1126/395 8242 2.9
HEG Ltd. 10 1803 40.0 453 2750 1081.3 270.6 80.00 0.2 59.8 1812 1865.0 866.8 1812N 5246.2 260 2526.0 465 61.03 0 18.57 123.8 8466 2118.70 4950/1975 8756 2.7
38 ENGINEERING
IND. COMPOSITE 677 52590 4529 30
Ador Welding Ltd. 10 1803 13.6 182 458 18.6 13.6 - 0.3 7.5 1812 134.2 5.5 1812N 362.1 16 16.4 80 56.70 0 15.87 14.0 421 309.75 464/267 485 16.3
Astra Microwave 2 1803 17.3 58 357 60.7 7.0 1.20 0.1 12.1 1812 74.9 1.8 1812N 172.9 -8 5.2 -83 12.96 0 15.48 42.3 682 78.80 112/71 688 19.5
Carborundum Uni. 1 1803 18.9* 62 1576 143.5 7.6 2.25 0.0 12.3 1812 464.1 35.0 1812N 1322.2 17 116.8 29 42.39 0 28.83 25.4 6533 345.40 401/314 6513 38.5
Cummins India Lt 2 1803 55.4 144 5083 708.5 25.6 15.00 0.1 17.8 1812 1503.8 187.1 1812N 4318.6 12 581.6 6 51.00 0 36.03 70.6 19268 695.10 885/612 19049 25.9
*Dynamatic Techno 10 1803 6.3 766 563 3.8 6.0 - 1.1 0.8 1812 152.1 6.4 1812N 438.6 9 25.2 1222 50.19 15 24.16 9.4 858 1353.30 2154/1211 1379 27.4
Esab India 10 1803 15.4 246 533 37.1 24.1 1.00 0.0 9.8 1812 152.6 11.6 1812N 490.7 26 41.2 47 73.72 0 11.42 11.0 1292 839.15 1044/579 1228 25.6
*Forbes & Company Ltd 10 1803 12.9 216 294 40.9 31.7 2.50 0.5 14.7 1812 55.9 0.3 1812N 169.5 -14 5.2 -72 73.85 0 11.65 15.1 2515 1950.05 4150/1801 2643 90.1
GKW L 10 1803 6.0 635 18 8.3 13.9 - 0.0 2.2 1812 12.5 9.9 1812N 23.5 45 15.3 78 81.15 0 5.43 25.3 507 850.00 1318/541 487 33.8
Greaves Cotton 2 1803 48.8 39 1792 202.6 8.3 5.50 0.0 21.1 1812 506.5 42.7 1812N 1459.7 12 131.9 -10 51.64 0 28.83 87.1 2901 118.80 165/111 2868 15.4
Grindwell Norton 5 1803 55.4 89 1405 147.2 13.3 5.00 0.0 15.0 1812 387.0 40.6 1812N 1168.1 14 123.1 19 100.00 0 0.00 15.7 5757 519.95 601/472 5487 34.5
Honeywell Automation 10 1803 8.8 1605 2690 249.7 282.5 32.00 0.0 17.6 1812 811.8 85.6 1812N 2364.5 15 274.7 44 74.99 0 15.39 14.9 19132 21639.3524178/14712 18291 57.4
Ion Exchange (India) 10 1803 14.7 214 994 47.7 32.6 3.50 0.4 15.2 1812 249.8 12.8 1812N 684.2 2 35.8 49 44.03 0 6.56 15.1 549 374.20 521/335 420 9.2
Ircon Internatio 10 1803 94.1 399 3896 390.9 41.6 20.45 0.9 10.4 1812 1215.9 102.8 1812N 2882.3 20 349.1 103 100.00 0 0.00 82.6 3596 382.30 470/338 2198 6.3
Kennametal India 10 1806 22.0 200 793 52.3 23.8 2.00 0.0 11.9 1812 233.7 30.7 1812H 460.5 25 55.1 239 75.00 0 13.23 7.5 2298 1045.55 1177/681 2203 25.2
Kirloskar Bros. 2 1803 15.9 113 1912 65.6 8.3 2.50 0.2 7.3 1812 518.0 12.9 1812N 1462.3 13 51.0 54 65.92 0 11.59 18.0 1191 150.00 353/132 1283 14.3
Kirloskar Industries 10 1803 9.7 821 2 53.0 54.6 21.00 0.0 6.6 1812 2.0 1.8 1812N 34.4 1762 37.1 -11 73.11 0 14.44 16.5 757 780.00 1380/745 732 15.6
Kirloskar Oil Engine 2 1803 28.9 113 2832 150.1 10.4 5.00 0.0 9.2 1812 774.3 42.0 1812N 2356.3 15 132.9 26 59.33 0 23.70 33.8 2432 168.15 376/160 2383 13.7
KSB Ltd 10 1712 34.8 190 944 67.7 19.5 6.00 0.0 10.2 1809 280.4 16.1 1809N 746.5 21 48.7 21 66.40 0 17.30 13.5 2255 647.70 908/601 2181 29.6
L&T Technology Serv 2 1803 20.8* 189 3507 489.4 47.1 16.00 0.0 24.9 1812 1214.5 180.7 1812N 3472.7 37 515.0 51 80.41 0 8.46 87.3 15507 1490.90 1853/1150 15364 23.4

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 37


Databank Updated Information Updated as on February 22, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(22/02/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Shakti Pumps (In 10 1803 18.4 135 413 27.1 14.7 3.70 0.4 10.9 1812 146.0 9.0 1812N 365.6 27 18.6 -3 48.25 25 4.10 17.5 683 371.60 790/291 767 25.8
Siemens Ltd. 2 1809 71.2 233 12725 893.9 25.1 7.00 0.0 10.8 1812 2807.1 228.0 1812Q 2807.1 16 228.0 20 74.99 0 13.90 121.9 35286 990.85 1256/841 31640 37.9
*Skipper Ltd. 1 1803 10.3 62 2074 117.8 11.5 1.65 0.7 18.5 1812 434.8 6.5 1812N 1437.5 -3 13.4 -80 71.88 0 16.00 22.1 645 62.80 251/49 1089 10.3
Sterling Tools L 2 1803 7.2 69 453 48.7 13.5 2.00 0.1 19.6 1812 123.3 8.3 1812N 393.9 22 37.5 2 65.32 0 7.56 7.7 969 269.00 429/251 993 19.7
Swaraj Engines 10 1803 12.1 188 771 80.1 66.0 50.00 0.0 35.0 1812 198.7 17.3 1812N 680.3 16 65.8 6 50.73 0 13.95 20.1 1583 1304.95 2139/1256 1535 18.9
*Thermax 2 1803 23.8 215 3868 238.3 20.0 6.00 0.0 9.3 1812 846.8 48.2 1812N 2213.5 -13 162.4 7 61.98 0 26.18 32.3 11480 963.45 1247/878 11477 46.2
*Va Tech Wabag Ltd. 2 1803 10.9* 168 1856 117.1 21.4 4.00 0.3 12.8 1812 451.6 25.9 1812N 1312.7 -1 63.7 -30 24.68 0 29.61 72.3 1558 284.95 564/243 1778 17.3
Wendt India 10 1803 2.0 545 129 12.3 61.5 25.00 0.0 11.3 1812 37.3 4.1 1812N 110.3 19 13.1 98 79.73 0 0.11 6.7 565 2826.05 4014/2372 559 30.1
WPIL Ltd. 10 1803 9.8 306 422 47.6 48.7 4.00 0.2 15.9 1812 125.5 17.3 1812N 385.8 56 62.2 345 68.81 0 6.15 9.1 732 749.85 987/501 792 7.6
Yuken India 10 1803 12.0* 52 229 8.7 7.2 2.00 0.9 13.9 1812 73.4 4.0 1812N 205.4 26 10.0 77 52.50 0 0.72 6.6 707 589.05XB 1138/500 762 54.1
39 ENGINEERING - HEAVY
IND. COMPOSITE 2743 73634 2901 17
Action Construction 2 1803 23.5 35 1086 52.6 4.5 0.50 0.2 13.0 1812 362.6 14.9 1812N 1042.8 45 43.9 41 68.95 0 4.04 32.8 886 75.50 204/71 922 13.5
BEML Ltd. 10 1803 41.6 528 3246 129.4 31.1 8.00 0.2 5.9 1812 923.9 44.7 1812N 2112.6 3 -98.8 -70 54.02 0 28.43 74.6 3405 817.65 1418/521 3842 38.3
*Bharat Dynamics 10 1803 183.3 107 4588 528.2 28.8 7.29 0.0 27.0 1812 1038.0 188.3 1812N 2192.4 -15 298.5 56 87.75 0 7.57 121.6 4638 253.05 428/224 4281 7.3
Bharat Heavy Ele 2 1803 696.4 94 28926 806.6 2.3 1.05 0.0 2.5 1812 7336.4 191.9 1812N 20051.8 8 532.7 52 63.17 0 30.78 506.0 22146 63.60 94/56 10912 22.4
CMI FPE Ltd. 10 1803 4.9 320 305 6.7 13.6 - 0.0 4.3 1812 237.2 15.8 1812N 373.1 63 29.6 284 100.00 0 0.00 3.6 570 1155.35 1247/627 417 19.9
Disa India Ltd. 10 1803 1.5 747 196 16.2 111.6 2.50 0.0 14.9 1812 74.7 12.4 1812N 187.3 11 23.5 31 74.82 0 10.53 2.8 880 6053.50 6900/5000 801 40.3
Elecon Engg. 2 1803 22.4 65 911 8.1 0.7 0.20 0.6 1.1 1812 209.1 2.8 1812N 703.3 30 9.7 123 58.63 46 6.52 44.4 657 58.55 93/48 1081 11.0
GMM Pfaudler Ltd 2 1803 2.9 127 312 28.4 19.4 4.00 0.0 15.3 1812 105.6 11.0 1812N 298.0 33 29.9 50 75.00 0 1.42 9.4 1598 1093.00 1289/656 1586 41.7
*Hindustan Aeronautic 10 1803 334.4 360 18519 2070.4 61.9 32.20 0.1 17.2 1812 4425.3 455.2 1812N 9849.5 4 1105.2 17 89.97 0 8.72 152.3 22228 664.75 1184/603 16568 10.0
Inox Wind Ltd. 10 1803 221.9 91 212 -157.2 -7.1 - 0.3 - 1812 351.0 10.8 1812N 1139.8 767 32.3 128 100.00 0 0.00 50.1 1584 71.40 140/57 2134 -
ISGEC Heavy Eng 10 1803 7.4 1663 2600 119.0 161.8 16.00 0.1 9.7 1812 1052.5 37.3 1812N 2772.4 54 97.1 5 62.26 0 8.37 11.1 3504 4765.30 7525/4627 3379 28.3
Lakshmi Machines 10 1803 10.7 1611 2559 211.4 197.9 40.00 0.0 12.3 1812 647.9 62.4 1812N 2055.9 13 152.5 2 30.83 0 20.45 36.0 5879 5503.35 9380/5251 4909 27.5
Praj Industries 2 1803 36.5* 40 697 31.5 1.7 1.62 0.0 4.3 1812 278.1 21.8 1812N 614.9 28 30.4 256 33.05 0 32.90 93.1 2602 142.50 165/73 2533 48.8
Sanghvi Movers L 2 1803 8.7 182 228 -57.5 -13.3 - 0.6 - 1812 66.5 -10.2 1812N 195.6 36 -34.0 35 46.88 0 8.31 17.0 406 93.80 223/83 874 -
Stovec Indus. 10 U1812 2.1 690 195 33.0 158.2 91.00 0.0 22.9 1812 51.2 6.7 - - 580 - - 71.06 0 0.09 6.7 488 2339.25 3237/2211 454 12.3
Suzlon Energy Ltd. 2 1803 1064.0 1 6166 -1156.1 -2.2 - 20.2 - 1812 397.4 -284.8 1812N 1796.2 -61 -919.0 -168 19.79 77 14.85 1020.4 3085 5.80 13/3 9768 -
Techno Electric&Eng 2 1803 22.5 109 1294 200.3 17.8 - 0.0 16.4 1812 269.4 30.7 1812N 801.0 - 150.8 - 58.75 0 24.46 13.5 2998 266.05 299/215 2981 -
Texmaco Rail & Engin 1 1803 22.0 48 927 10.1 0.5 0.25 0.4 0.9 1812 409.1 18.8 1812N 1057.6 65 38.2 396 52.31 1 21.29 67.3 1252 56.90 97/50 1623 20.5
Titagarh Wagons Ltd. 2 1803 23.1 77 314 2.9 0.3 0.30 0.1 0.3 1812 216.3 5.9 1812N 531.9 116 13.3 61 45.73 0 13.44 73.1 731 63.30 133/55 815 -
*Windsor Machines 2 1803 13.0 49 352 17.3 2.7 1.00 0.2 5.4 1812 80.9 5.6 1812N 223.6 -2 9.1 -31 58.52 51 0.75 11.1 405 62.30 160/54 464 30.8
40 ENTERTAINMENT/MULTIMEDIA
IND. COMPOSITE 2425 22740 3915 26
Balaji Telefilms Ltd 2 1803 20.2 97 417 16.3 1.6 0.40 0.0 1.6 1812 111.5 12.0 1812N 358.2 9 17.9 44 33.25 0 21.38 23.3 835 82.55 145/80 824 38.3
Den Networks Ltd. 10 1803 477.2 23 1064 -31.0 -0.6 - 0.5 - 1812 259.6 -21.5 1812N 795.2 -0 -62.3 -71 74.48 0 16.75 13.0 3312 69.40 113/45 3477 -
Dish TV India Ltd. 1 1803 184.1 37 2863 33.3 0.2 - 0.0 0.5 1812 983.1 40.8 1812N 3016.4 118 95.8 1691 60.82 82 14.47 153.4 6859 37.25 82/19 6599 -
Entertainment Networ 10 1803 47.7 185 537 35.2 7.4 1.00 0.1 4.0 1812 200.9 16.0 1812N 445.0 18 34.1 45 71.15 0 21.81 12.9 2505 525.50 763/510 2591 54.7
Eros International M 10 1803 95.5* 151 708 77.0 8.1 - 0.4 5.3 1812 239.4 22.5 1812N 651.4 23 69.2 67 61.34 56 6.09 50.7 739 77.40 205/62 1371 7.1
GTPL Hathway 10 1803 112.5 59 739 59.1 5.3 1.00 0.3 8.9 1812 203.3 13.5 1812N 600.9 10 32.7 -35 74.35 4 14.97 17.5 888 78.95 167/60 1007 21.4
Hathway Cable & Data 2 1803 354.0 7 545 77.7 0.4 - 0.5 6.3 1812 134.8 6.4 1812N 395.2 -1 -2.1 -103 73.47 0 10.52 29.8 4434 25.05 43/15 4943 -
Inox Leisure 10 1803 102.9 66 1348 114.6 11.1 - 0.4 16.9 1812 433.1 36.5 1812N 1213.3 18 85.4 50 51.89 0 33.03 36.7 2906 282.55 304/190 3144 20.3
Media Matrix Worldwi 1 1803 113.3 1 3 -21.3 -0.2 - 0.0 - 1812 0.8 0.2 1812N 2.3 2 0.5 102 60.71 9 0.00 3.0 538 4.75 6/4 538 -
Music Broadcast 2 1803 55.3* 22 298 51.7 1.9 - 0.1 8.6 1812 87.0 16.4 1812N 242.8 9 43.3 22 73.64 0 10.75 20.9 1536 55.55 82/53 1510 25.8
*Prime Focus 1 1803 29.9* 35 145 -56.6 -1.9 - 0.2 - 1812 42.6 15.2 1812N 113.1 3 -32.6 -52 34.96 13 9.99 10.6 1556 52.00 104/43 1763 -
PVR Ltd. 10 1803 46.7 226 2246 121.4 26.0 2.00 0.6 11.5 1812 694.9 45.9 1812N 2022.8 20 126.4 36 20.25 0 70.00 33.8 6971 1491.50 1666/1065 7609 45.1
Saregama India Ltd. 10 1803 17.4 219 346 30.5 17.5 3.00 0.0 8.0 1812 150.6 12.3 1812N 400.3 67 35.8 295 59.11 0 2.60 28.5 972 558.20 871/462 977 17.0
Shemaroo Entertainme 10 1803 27.2 184 476 69.5 25.6 1.55 0.4 13.9 1812 146.7 20.3 1812N 418.2 17 64.0 29 65.82 0 18.41 8.1 979 360.00 560/325 1165 11.7
*Sun TV Network Ltd. 5 1803 197.0 118 2862 1093.0 27.7 10.00 0.0 23.6 1812 904.5 351.3 1812N 2774.4 29 1111.8 38 74.99 4 16.37 46.1 23042 584.70 1028/487 22735 16.4
*TV Today Network Ltd 5 1803 29.8 121 691 123.5 20.7 2.25 0.0 17.1 1812 199.4 39.2 1812N 544.6 16 109.7 29 57.41 0 26.39 21.4 1881 315.35 558/305 1684 13.2
TV18 Broadcast 2 1803 342.9 22 735 96.4 0.6 - 0.1 2.5 1812 290.4 111.9 1812N 790.9 56 67.1 -2 60.40 0 17.09 120.4 5683 33.15 71/31 6068 -
UFO Moviez India Ltd 10 1803 28.4 205 410 72.5 25.6 12.50 0.0 12.5 1812 110.3 9.2 1812N 302.0 5 22.0 -57 30.08 6 42.57 26.5 656 231.30 437/211 648 15.2
Zee Entertainment En 1 1803 96.0 61 5796 1911.9 19.9 2.90 0.2 32.9 1812 1930.2 603.0 1812N 5170.6 23 1346.5 4 41.62 59 52.57 101.8 43087 448.60 610/289 41910 21.9
Zee Media Corp 1 1803 47.1 14 510 40.6 0.9 - 0.2 6.0 1812 170.7 17.9 1812N 456.6 30 37.9 44 67.02 73 6.83 102.6 729 15.48 45/11 848 14.0
41 FAST MOVING CONSUMER GOODS
IND. COMPOSITE 4184 157183 26058 50
ADF Foods Ltd. 10 1803 20.0 103 172 22.2 11.1 - 0.0 10.7 1812 49.1 4.2 1812N 143.5 15 20.1 38 32.34 0 0.59 19.1 462 230.85 290/191 436 17.1
Apex Frozen Foods 10 1803 31.3 97 999 79.1 25.3 2.00 0.3 26.2 1812 216.0 11.4 1812N 710.8 -11 52.4 -11 72.49 0 7.20 39.2 935 299.35 738/272 952 13.4
Bajaj Consumer Care 1 1803 14.8 34 830 216.3 14.7 12.00 0.0 42.8 1812 229.6 60.1 1812N 663.7 9 165.5 3 66.86 70 29.01 26.2 5204 352.80 510/335 5205 23.6
Britannia Ind. 1 1803 24.0 135 9304 947.9 39.4 12.50 0.0 29.3 1812 2703.2 302.7 1812N 7814.4 13 832.5 18 50.66 0 29.21 127.1 72439 3014.30 3472/2362 72351 67.2
Colgate Palm. 1 1803 27.2 56 4188 673.4 24.8 24.00 0.0 44.2 1812 1099.3 192.1 1812N 3308.7 7 578.0 19 50.99 0 25.79 171.0 34146 1255.45 1365/1020 33690 44.5
Dabur India 1 1803 176.6 24 5592 1072.1 6.1 7.50 0.1 25.4 1812 1664.5 312.1 1812N 4674.8 14 850.0 18 67.88 0 25.09 159.5 76692 434.20 491/312 76892 63.7
DFM Foods Limi 2 1803 10.0 20 425 23.3 4.7 1.00 0.8 22.8 1812 134.8 10.7 1812N 351.9 8 22.8 30 100.00 0 0.00 6.0 942 188.00 344/177 1026 33.0
Emami Ltd. 1 1803 45.4* 45 2354 309.5 6.8 7.00 0.1 15.3 1812 758.5 137.8 1812N 1905.3 7 256.7 -1 72.74 48 18.42 66.4 18030 397.20XB 602/338 18288 58.7
Future Consumer 6 1803 1151.8 7 2429 32.3 0.2 - 0.4 2.5 1812 755.4 16.8 1812N 2210.7 24 25.7 19 45.71 60 18.05 153.0 8811 45.90 63/35 9266 -
Gillette India Ltd. 10 1806 32.6 213 1677 229.1 70.3 23.00 0.0 33.0 1812 475.7 54.0 1812H 932.2 14 119.3 -3 74.99 0 11.21 27.1 21201 6506.45 7100/6200 20965 94.1
*GlaxoSmithKlineConsu 10 1803 42.1 829 4317 700.1 166.5 75.00 0.0 20.1 1812 1116.8 221.1 1812N 3495.9 12 697.0 43 72.45 0 12.00 53.9 30602 7276.60 7935/5725 27017 33.7
Godfrey Philips 2 1803 10.4 328 2312 160.8 30.9 8.00 0.0 9.4 1812 659.6 78.5 1812N 1864.3 5 205.6 75 72.19 0 13.22 20.9 4812 925.40 1000/640 4802 19.3
Godrej Agrovet L 10 1803 192.0 67 3675 190.9 9.9 4.50 0.2 14.8 1812 1055.6 27.9 1812N 3346.3 16 190.1 11 68.78 0 5.85 118.7 9176 477.85 737/462 9379 43.7
Godrej Consumer Prod 1 1803 102.2* 45 5261 999.9 9.8 7.50 0.0 21.5 1812 1505.6 331.9 1812N 4323.2 11 848.1 20 63.24 0 29.97 120.2 68235 667.55XB 980/628 68137 59.7
Godrej Industries Lt 1 1803 33.6 54 1958 241.4 7.2 1.75 1.2 13.4 1812 562.9 50.5 1812N 1650.8 12 152.3 -47 74.71 0 16.71 76.0 16177 480.90 657/434 18203 155.9
Hatsun Agro Prod 1 1803 16.2* 60 4287 90.8 5.6 4.00 2.8 9.4 1812 1154.5 18.5 1812N 3577.3 11 94.6 7 73.54 2 9.31 15.4 10558 653.00 821/568 11534 108.7
Heritage Foods 5 1803 23.2 168 2344 60.4 13.0 1.00 0.3 7.8 1812 610.0 19.6 1812N 1857.1 4 59.5 49 39.90 0 16.58 25.8 2070 446.10 790/421 2249 25.9
Hind. Food 10 1803 13.5 29 139 6.3 4.7 - 0.9 16.2 1812 55.7 3.1 1812N 152.6 104 8.0 127 61.86 0 0.05 7.0 481 356.20 484/253 506 44.7
Hindustan Unilever L 1 1803 216.5 33 34525 5237.0 24.2 20.00 0.0 74.0 1812 9558.0 1444.0 1812N 28279.0 11 4498.0 16 67.18 0 19.39 349.0 382667 1767.80 1871/1282 379294 65.4
ITC Ltd. 1 1803 1225.1* 4240628 11223.3 9.2 5.15 0.0 21.8 1812 11227.7 3209.1 1812N 33003.5 10 8982.4 8 0.00 0 55.04 861.5 336041 274.30 323/251 333457 28.2

38 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(22/02/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Jubilant Foodworks L 10 1803 132.0* 80 2980 206.4 15.6 2.50 0.0 19.5 1812 929.1 96.5 1812N 2665.5 21 248.9 80 44.93 18 46.22 63.8 17140 1298.80XB 1575/981 17012 54.1
Jyothy Laboratories 1 1803 36.7* 22 1700 160.5 4.4 0.50 0.4 19.7 1812 434.3 48.4 1812N 1264.6 6 126.1 26 67.11 25 23.12 78.9 6615 180.15XB 249/169 6765 35.5
Kaya L 10 1803 13.1 144 201 -13.3 -10.2 - 0.0 - 1812 54.9 -1.6 1812N 158.1 5 -2.8 70 59.92 0 4.92 26.4 886 678.35 1238/617 882 -
Marico Ltd. 1 1803 129.1 24 5170 718.2 5.6 4.25 0.0 23.6 1812 1499.8 262.5 1812N 4681.2 18 702.6 17 59.70 0 32.31 80.9 43818 339.45 397/286 43880 53.3
*Nestle India 10 U1812 96.4 521 11292 1606.9 166.7 115.00 0.3 32.0 1812 2897.3 341.8 - - 13 - - 62.76 0 19.82 89.3 103042 10687.30 11777/7476 102605 64.1
P&G Hygiene&Health 10 1806 32.5 248 2455 374.6 115.4 40.00 0.0 46.5 1812 818.1 124.1 1812H 1609.9 18 268.2 9 70.63 0 13.94 32.1 32999 10165.80 11000/8714 32599 83.3
Parag Milk Foods 10 1803 84.1 85 1918 78.5 9.3 0.75 0.4 10.9 1812 587.3 30.6 1812N 1686.2 20 85.5 52 45.96 15 25.58 44.9 1786 212.35 415/197 2001 16.6
Polo Queen Industria 10 1803 67.2 27 72 0.9 0.1 - 0.1 0.5 1812 9.2 0.2 1812N 43.2 -1 0.5 -4 100.00 0 0.00 0.6 456 67.95 129/64 468 -
Prabhat Dairy 10 1803 97.7 59 1442 18.9 1.9 - 0.2 3.3 1812 459.7 6.5 1812N 1425.1 38 15.8 49 50.09 41 11.87 23.4 542 55.45 190/47 563 22.5
Prataap Snacks 5 1803 11.7 226 1030 48.8 20.8 - 0.0 9.2 1812 262.4 9.6 1812N 810.3 7 32.8 -10 71.43 0 23.62 12.2 1978 843.55 1450/821 1773 43.7
Tasty Bite 10 1803 2.6 387 296 26.5 103.1 2.00 0.4 26.6 1812 87.8 6.9 1812N 251.5 16 22.0 18 74.23 0 2.01 5.9 1963 7651.00 11372/7021 1995 65.9
VST Industries 10 1803 15.4 377 948 181.9 117.8 77.50 0.0 31.2 1812 293.0 55.4 1812N 826.4 24 173.8 30 32.15 0 26.22 15.6 4941 3200.00 3430/2470 4904 22.2
Zydus Wellness Ltd. 10 1803 57.7 123 264 133.8 23.2 8.00 0.0 18.9 1812 81.3 39.6 1812N 220.5 13 106.4 9 67.62 0 10.27 36.0 7273 1261.25 1830/1085 6906 51.0
42 FERRO ALLOYS
IND. COMPOSITE 29 1879 292 4
Maithan Alloys Ltd. 10 1803 29.1 301 1879 291.7 100.2 3.00 0.0 33.3 1812 476.7 53.9 1812N 1438.6 0 185.2 -9 100.00 0 0.00 21.8 1154 396.55 979/340 1132 4.2
43 FERTILISERS
IND. COMPOSITE 2882 65086 2797 12
Chambal Fertilis 10 1803 416.2 70 7461 480.2 11.5 1.90 1.9 16.6 1812 2807.2 153.0 1812N 7483.7 17 453.4 5 58.71 1 21.71 122.4 6670 160.25 209/128 12209 13.3
Coromandel Internati 1 1803 29.2 108 10943 659.4 22.5 6.50 0.9 20.8 1812 3044.2 152.7 1812N 10570.6 23 606.7 2 61.79 0 17.14 56.2 12905 441.30 578/340 15088 19.2
*Deepak Fertilisers 10 1803 88.2 183 3187 112.9 12.8 6.00 0.8 7.0 1812 623.7 1.2 1812N 2693.8 31 18.3 -66 51.22 0 7.14 99.4 1158 131.30 397/105 2448 16.0
Fertilisers & Ch 10 1803 647.1 -25 1927 -130.5 -2.0 - -1.4 - 1812 591.4 -49.8 1812N 1469.5 -1 212.7 319 0.00 0 89.21 20.1 2042 31.55 65/30 4256 -
GSFC 2 1803 79.7 182 6271 475.7 11.9 2.20 0.1 6.5 1812 1993.9 98.9 1812N 6436.1 53 393.9 23 37.84 0 33.15 133.7 3704 92.95 138/86 4683 6.7
*Gujarat Narmada Vall 10 1803 155.4 287 5837 789.5 50.8 7.50 0.1 17.7 1812 1219.2 165.7 1812N 4465.1 10 647.6 41 99.89 0 0.00 243.9 4012 258.15 507/238 4226 4.1
Mangalore Chem. 10 1803 118.5 40 2689 60.6 5.1 1.00 2.8 12.7 1812 761.1 13.7 1812N 2430.5 18 38.8 -4 61.09 75 1.31 47.4 399 33.70 70/28 1608 6.8
*Nagarjuna Fertilizer 1 1803 59.8 18 3921 -21.5 -0.4 - 1.4 - 1812 145.4 -179.1 1812N 1430.1 -51 -352.6 -2344 57.13 77 1.76 432.1 398 6.65 20/5 1797 -
National Fertilizers 10 1803 490.6 41 8916 212.8 4.3 - 1.5 10.7 1812 3768.8 103.9 1812N 9162.6 34 217.6 50 74.71 0 16.96 57.8 1612 32.85 63/31 4607 5.7
Rashtriya Chemicals 10 1803 551.7 53 7292 78.8 1.4 0.60 0.4 2.7 1812 2353.5 49.9 1812N 6618.5 24 90.7 84 75.00 0 4.90 173.5 2957 53.60 86/51 4206 24.6
SPIC 10 1803 203.6* 15 1994 37.2 1.8 - 0.9 12.2 1812 688.7 21.1 1812N 2135.8 34 36.8 21 41.49 0 3.63 65.8 483 23.70 40/22 738 11.1
*Zuari Agro Chemicals 10 1803 42.1 163 4648 42.0 10.0 - 4.4 6.1 1812 908.1 -68.3 1812N 3722.7 5 -82.1 -244 65.04 4 11.03 38.4 768 182.70 564/175 3747 -
44 FINANCE - BANKS - PRIVATE SECTOR
IND. COMPOSITE 12773 300839 41927 34
Au Small Finance Ban 10 1803 292.2 78 1767 292.0 10.0 - 3.4 12.9 1812 788.3 95.3 1812N 2072.0 68 263.6 26 32.20 7 37.93 86.8 16765 573.70 747/502 23912 48.4
Axis Bank Ltd. 2 1803 514.1* 24745780 275.7 1.1 - 2.3 0.4 1812 14129.7 1680.8 1812N 40187.7 18 3171.6 29 23.04 0 64.85 341.9 180714 703.05 734/478 293249 183.9
Bandhan Bank 10 1803 1193.1* 79 4802 1345.6 11.3 - 0.0 14.3 1812 1649.6 331.3 1812N 4811.4 39 1300.6 36 82.28 0 15.61 199.3 57106 478.65 741/369 54553 33.8
City Union Bank 1 1803 73.3* 48 3402 592.0 8.1 0.27 0.4 16.6 1812 966.6 178.1 1812N 2782.6 10 507.7 15 0.00 0 50.80 96.5 13132 179.10XB 207/146 13006 19.9
DCB Bank 10 1803 309.3* 83 2413 245.3 7.9 0.75 0.8 8.7 1812 777.3 86.1 1812N 2214.4 26 229.0 26 14.93 0 49.00 174.5 5353 173.05 205/140 6143 18.3
Federal Bank 2 1803 396.9* 62 9753 878.8 4.4 1.00 0.9 7.2 1812 2954.4 333.6 1812N 8386.7 16 862.4 18 0.00 0 66.24 333.5 15765 79.45 105/67 22166 15.6
HDFC Bank 2 1803 544.1* 391 80241 17486.7 64.3 13.00 1.2 16.4 1812 25890.3 5585.9 1812N 72638.8 23 15193.0 20 21.41 0 44.11 594.3 569029 2091.65 2219/1830 587464 28.5
ICICI Bank 2 1803 1288.6* 159 54966 6777.4 10.5 2.27 1.8 6.4 1812 16280.4 1604.9 1812N 46108.4 13 2394.2 -58 0.00 0 66.64 812.0 226639 351.75 383/257 376395 66.4
*IDFC First Bank 10 1803 4781.5 35 8930 859.3 1.8 0.75 3.8 5.2 1812 3664.1 -1538.0 1812N 8319.4 25 -1726.1 -311 40.00 0 31.99 759.6 21732 45.45 53/33 75968 -
IndusInd Bank 10 1803 602.6* 389 17281 3606.0 59.8 7.50 1.6 15.1 1812 5763.5 985.0 1812N 16269.7 29 2941.0 11 14.98 26 56.83 154.4 88187 1463.35 2038/1334 115514 22.6
Jammu & Kashmir Bank 1 1803 55.7 100 6621 202.7 3.6 - 0.3 3.3 1812 2002.7 103.8 1812N 5605.7 11 250.1 43 59.23 0 23.31 84.2 2177 39.10 69/35 -523 7.8
Karnataka Bank 10 1803 282.6 177 5424 325.6 11.5 3.00 0.2 6.0 1812 1514.4 140.4 1812N 4374.7 10 415.5 32 0.00 0 28.06 189.2 3242 114.70 137/92 512 7.6
*Karur Vysya Bank 2 1803 159.9* 78 5700 345.7 4.3 2.23 0.4 5.5 1812 1442.8 21.2 1812N 4342.2 3 150.8 -49 2.10 24 40.86 143.1 5375 67.25XB 101/63 4797 26.7
Kotak Mahindra Bank 5 1803 954.0* 196 19748 4084.3 21.4 0.70 0.7 10.9 1812 6250.3 1290.9 1812N 17540.9 22 3457.5 17 30.01 0 48.98 237.7 236797 1241.05 1424/1002 253042 51.7
Lakshmi Vilas Ba 10 1803 256.1 84 3042 -584.9 -22.8 2.02 1.9 - 1812 701.4 -373.5 1812N 2157.6 -8 -629.7 -1784 8.87 33 8.08 81.8 1444 56.40 122/55 3759 -
*RBL Bank 10 1803 425.8* 157 4508 635.1 14.9 2.10 1.4 9.5 1812 1638.9 225.2 1812N 4466.6 36 619.8 36 0.00 0 40.36 175.7 24017 564.00 652/439 30689 30.1
South Indian Ban 1 1803 181.0 28 6193 334.9 1.9 0.40 0.8 6.4 1812 1735.2 83.8 1812N 5085.6 10 177.0 -20 0.00 0 38.76 402.3 2454 13.56 28/12 3239 8.4
YES Bank Ltd. 2 1803 462.6* 11120267 4224.6 18.3 0.48 2.9 16.4 1812 7958.9 1001.9 1812N 21768.2 50 3226.9 6 19.82 4 57.69 918.0 51334 221.95 404/147 114802 11.7
45 FINANCE - BANKS - PUBLIC SECTOR
IND. COMPOSITE 46285 660371 -8537 18
Allahabad Bank 10 1803 1444.0 58 16358 -4674.4 -32.4 - 2.8 - 1812 4228.3 -732.8 1812N 12827.3 2 -4499.9 -286 79.41 0 11.41 224.2 6613 45.80 56/33 18723 -
*Andhra Bank 10 1803 1738.8 65 17975 -3412.5 -19.6 - 1.7 - 1812 4796.6 -578.6 1812N 14079.3 5 -1552.5 -77 84.82 0 7.56 225.9 4373 25.15 47/23 12731 -
Bank of Baroda 2 1803 529.1 164 43649 -2431.8 -9.2 - 1.4 - 1812 12941.7 471.3 1812N 36659.9 12 1424.9 113 63.74 0 27.46 371.8 27209 102.85 157/91 67081 -
Bank of India 10 1803 2696.7 115 38071 -6043.7 -22.4 - 1.5 - 1812 10171.0 -4737.6 1812N 29953.7 4 -5798.7 -180 89.07 0 8.03 275.0 22369 82.95 131/73 34610 -
Bank of Maharash 10 1803 2598.5 38 11096 -1145.6 -4.4 - 0.4 - 1812 2645.7 -3764.3 1812N 8074.4 -4 -4856.3 -371 87.01 0 9.13 185.4 3308 12.73 17/11 -8438 -
Canara Bank 10 1803 753.2 386 41252 -4222.2 -56.1 - 1.3 - 1812 12188.6 317.5 1812N 34671.9 12 898.5 41 70.62 0 21.69 193.9 16715 221.90 316/205 33423 -
Central Bank 10 1803 2972.5 62 24036 -5104.9 -17.2 - 0.3 - 1812 5784.8 -718.2 1812N 17161.8 -7 -3164.1 -6 88.02 0 9.41 138.7 9408 31.65 88/27 -20886 -
*Corporation Bank 2 1803 506.9 41 17628 -4053.9 -16.0 - 2.2 - 1812 3818.1 60.5 1812N 11979.3 -11 248.5 111 86.76 0 10.66 74.6 7667 30.25 34/21 18698 -
Dena Bank 10 1803 2259.0 41 8932 -1923.2 -8.5 - 0.4 - 1812 2053.0 -178.5 1812N 6481.3 -6 -1316.9 -89 80.74 0 11.34 249.6 2550 11.29 22/11 217 -
IDBI Bank Ltd. 10 1803 7736.3* 2723027 -8237.9 -10.6 - 3.9 - 1812 5492.8 -4185.5 1812N 16608.3 -7 -10197.9 -296 52.02 0 45.38 363.5 33421 43.20 90/42 83443 -
Indian Bank 10 1803 480.3 330 17114 1259.0 26.2 - 1.2 6.8 1812 4823.9 152.3 1812N 14216.9 12 511.7 -55 81.73 0 15.35 69.4 10593 220.55 380/201 19851 16.5
Indian Overseas 10 1803 6263.8 23 17915 -6299.5 -10.1 - 0.7 - 1812 4542.4 -346.0 1812N 13074.8 -0 -1752.7 35 91.99 0 5.04 250.1 8287 13.23 21/11 5936 -
Oriental Bank of 10 1803 1205.1 91 17399 -5871.7 -48.7 - 0.9 - 1812 4561.8 145.0 1812N 13120.6 -0 -146.5 97 88.04 0 8.91 126.8 10008 83.05 107/58 7447 -
Punj. & Sind Ban 10 1803 564.9 109 7949 -743.8 -13.2 - 0.6 - 1812 2155.7 22.3 1812N 6540.5 9 -484.9 -121 85.55 0 8.66 116.7 1449 25.65 40/24 -1124 -
Punj. NationlBak 2 1803 760.4 99 47996-12282.8 -32.3 - 1.6 - 1812 13035.1 246.5 1812N 38474.5 5 -5225.9 -561 70.21 0 19.38 670.5 27831 73.20 117/59 59892 -
*SBI 1 1803 892.5* 218220499-6547.5 -7.3 - 1.9 - 1812 62276.6 3954.8 1812N179883.3 9 23.8 -98 57.69 0 33.39 1490.2 241634 270.75 326/232 453379 -
Syndicate Bank 10 1803 1601.0 85 21776 -3222.8 -20.1 - 2.2 - 1812 5458.6 108.0 1812N 16115.1 -2 -2716.3 -164 76.15 0 16.62 258.0 5339 33.35 65/30 23269 -
*UCO Bank 10 1803 3955.1 23 14020 -4436.4 -11.2 - 1.7 - 1812 3337.3 -998.7 1812N 10548.8 -1 -2769.1 -20 90.79 0 6.22 297.8 7475 18.90 28/15 11799 -
Union Bank of In 10 1803 1168.6 215 32748 -5247.4 -44.9 - 1.8 - 1812 8477.5 153.2 1812N 25717.2 4 421.8 116 67.42 0 24.59 247.6 8314 71.15 110/61 32979 -
United Bank of I 10 1803 4854.0 20 8342 -1454.4 -3.0 - 0.4 - 1812 2068.2 -1139.3 1812N 6346.6 3 -2411.1 -102 95.15 0 2.34 101.3 5233 10.78 15/9 2327 -
Vijaya Bank 10 1803 1304.1 75 12590 727.0 5.6 1.20 0.7 6.8 1812 3848.4 143.4 1812N 10992.9 20 427.7 -18 68.76 0 19.21 251.5 5354 41.05 66/38 8350 8.4
46 FINANCE - HOUSING
IND. COMPOSITE 3866 89546 21850 20
*Aavas Financiers 10 1803 78.1 142 456 92.9 11.9 - 2.1 8.4 1812 194.8 56.3 1812N 505.5 46 121.6 66 58.29 0 31.22 24.4 7797 998.20 1017/612 9497 55.1

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 39


Databank Updated Information Updated as on February 22, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(22/02/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Can Fin Homes 2 1803 26.6 101 1544 301.8 22.7 0.40 8.9 22.4 1812 448.5 80.3 1812N 1272.0 11 232.4 3 29.98 0 4.27 90.8 3594 269.90 557/217 15551 11.6
Dewan Housing 10 1803 313.8 280 10450 1172.1 37.4 5.50 9.0 13.3 1812 3250.9 313.6 1812N 9920.8 30 1187.4 38 39.20 0 26.34 284.4 4370 139.25 690/97 80929 2.9
GIC Housing Fi 10 1803 53.9 184 1126 184.4 34.2 5.50 8.6 18.6 1812 306.2 35.0 1812N 900.6 8 126.9 2 42.40 0 14.13 56.1 1300 241.35 451/213 9786 6.8
GRUH Finance Li 2 1803 146.6* 19 1687 362.7 4.9 3.30 8.8 26.3 1812 540.1 97.0 1812N 1472.8 19 317.6 37 57.83 0 21.15 64.8 18470 251.90XB 382/205 30556 41.2
*HDFC 2 1803 344.0* 3573480712163.7 70.7 20.00 3.5 19.8 1812 10555.5 2113.8 1812N 31735.7 24 6770.9 -27 0.00 0 89.06 289.0 324226 1885.05 2051/1646 539821 33.7
HUDCO 10 1803 2001.9 49 4075 799.1 4.0 0.55 3.5 8.1 1812 1310.5 328.3 1812N 4072.8 40 943.8 64 82.98 0 3.60 287.0 8168 40.80 80/37 42002 7.0
*Indiabulls Housing F 2 1803 85.5* 30212215 3566.5 83.4 42.00 6.8 27.7 1812 3819.8 952.7 1812N 11033.9 25 2853.9 9 21.52 13 68.91 99.5 29078 680.35 1397/576 112195 7.6
LIC Housing Fi 2 1803 100.9 251 14960 1989.6 39.4 6.80 9.4 15.7 1812 4438.8 596.3 1812N 12699.9 15 1737.4 20 40.31 0 39.79 217.7 23709 469.80 583/388 140362 10.4
PNB Housing Finance 10 1803 167.5 377 5516 830.6 49.6 9.00 8.0 13.2 1812 1999.5 266.9 1812N 5345.7 35 710.3 16 32.79 0 28.97 90.7 15343 916.20 1444/694 63157 16.5
*Reliance Home Fin 10 1803 485.1 39 1603 180.6 3.7 1.00 6.1 9.5 1812 514.0 55.0 1812N 1377.0 17 178.0 44 100.00 22 0.00 864.2 1458 30.05 80/23 12892 6.2
Repco Home Finance L 10 1803 62.6 212 1105 206.1 32.9 2.20 5.0 15.5 1812 303.8 55.6 1812N 881.5 7 183.1 22 37.13 0 46.80 29.9 2037 325.55 653/293 8627 8.5
47 FINANCE - OTHERS
IND. COMPOSITE 28821 154739 38582 25
Aditya Birla Capital 10 1803 2201.4 32 175 61.5 0.3 - 0.1 0.9 1812 3.0 -45.0 1812N 98.9 -39 -16.1 -120 72.73 0 11.53 528.1 19130 86.90 170/78 19803 -
*Alankit 1 1803 14.3 4 104 21.4 1.5 0.20 0.1 34.1 1812 31.9 3.7 1812N 85.0 7 7.6 -45 69.67 0 0.17 15.1 446 31.20 59/17 447 29.4
*Bajaj Finance L 2 1803 115.6 286 13288 2646.7 45.8 4.00 3.3 16.0 1812 4664.8 1022.7 1812N 12501.5 28 2776.8 44 55.15 0 28.91 171.7 152644 2641.05 2995/1575 206155 43.6
*Bajaj Finserv Ltd. 5 1803 79.6 181 240 141.3 8.9 1.75 0.0 4.9 1812 27.2 7.7 1812N 388.6 85 305.4 133 58.34 0 14.58 102.4 98387 6182.55 7200/4804 98374 311.6
Bajaj Holdings & Inv 10 1803 111.3 738 1470 1313.6 118.0 40.00 0.0 16.0 1812 109.2 60.6 1812N 911.0 -27 764.2 -31 100.00 0 0.00 44.3 34786 3125.60 3295/2204 34705 36.0
Balmer Lawrie Invest 10 1803 22.2 66 0 53.6 24.2 24.00 0.0 36.8 1812 0.0 1.7 1812N 0.0 11 74.2 41 59.67 0 7.28 11.2 833 375.15 458/361 721 11.0
Bengal & Assam Compa 10 1803 8.7 456 42 28.6 32.9 10.00 0.2 7.2 1812 3.7 1.8 1812N 30.6 -9 23.2 -3 74.97 0 3.30 24.2 1145 1319.00 2575/1160 1211 41.2
BF Investment Ltd. 5 1803 18.8 197 2 19.8 5.3 - 0.0 2.7 1812 5.3 3.7 1812N 34.1 1976 32.1 78 73.38 0 2.53 23.6 799 212.10 377/168 796 23.6
Bharat Financial Inc 10 1803 140.2* 214 1917 455.5 32.5 - 1.0 15.2 1812 813.7 288.4 1812N 2185.6 59 663.4 171 1.57 0 87.77 37.6 12908 920.75 1249/824 13854 14.8
*BSE 2 1803 10.4 532 434 564.0 108.2 36.00 0.0 20.3 1812 152.0 52.4 1812N 432.8 -5 157.2 -69 0.00 0 40.73 168.7 2961 567.95 881/535 2635 13.6
Capital India Fin 10 1803 77.7* 38 26 2.9 0.4 1.00 1.0 1.0 1812 14.6 2.6 1812N 32.8 137 5.9 112 68.57 0 0.00 0.6 1057 136.00 227/60 1047 -
Capri Global Capital 2 1803 35.0 70 336 94.0 5.4 0.30 0.9 7.6 1812 130.8 33.1 1812N 343.4 44 86.4 26 74.93 0 2.83 6.4 2342 133.70 145/73 3405 20.9
*Centrum Capital 1 1803 41.6 9 27 63.3 1.5 0.05 1.1 17.6 1812 6.1 -18.1 1812N 14.5 13 288.1 1255 37.98 73 0.61 21.7 1392 33.45 68/29 1758 4.2
Cholamandalam Invest 10 1803 156.4* 329 5425 974.1 62.3 6.50 6.2 18.9 1812 1830.7 304.4 1812N 5119.6 31 894.3 31 53.06 0 35.48 46.0 18570 1187.70 1761/1039 50080 15.7
*CreditAccess Grameen 10 1803 143.4* 143 866 124.6 8.7 - 1.0 6.0 1812 349.2 99.7 1812N 943.2 53 245.4 74 100.00 0 0.00 70.9 5764 401.85 423/246 7106 25.0
Dolat Investment 1 1803 17.6 6 139 31.2 1.8 - 0.0 30.5 1812 29.7 13.3 1812N 83.5 -28 35.9 78 74.48 0 0.21 7.8 1181 67.10 92/11 1179 25.2
Edelweiss Fin. Ser 1 1803 93.2* 36 440 142.7 1.5 1.35 0.0 4.2 1812 70.0 22.5 1812N 240.7 -24 80.6 -1 32.97 22 32.64 164.0 13637 146.25 342/116 13622 96.4
Equitas Holdings Ltd 10 1803 341.4* 50 14 5.4 0.2 - 0.0 0.3 1812 5.2 3.1 1812N 15.3 50 8.5 111 0.00 0 61.33 114.9 3979 116.55 173/78 3932 -
*General Ins. Corp. 5 1803 877.2* 295 3896 3233.6 18.4 13.50 0.0 6.2 1812 1307.1 335.7 1812N 2490.8 -24 1620.9 -35 85.78 0 12.33 277.2 39176 223.30XB 385/206 25004 16.5
Geojit Financial 1 1803 23.8* 18 304 67.5 2.8 2.00 0.0 15.5 1812 63.8 6.6 1812N 199.2 -11 22.1 -59 62.03 0 7.41 37.6 838 35.15 112/33 650 23.3
*Gloster L 10 1803 5.5* 231 464 41.3 75.5 10.00 0.1 32.7 1812 125.5 6.7 1812N 368.7 7 37.5 33 - 0 0.00 - 479 875.90 1415/800 489 9.5
Gromo Trade & Consul 10 1803 28.4 14 28 0.1 0.0 - 0.2 0.3 1812 1.0 0.6 1812N 2.7 -47 0.8 27 1.39 0 0.00 0.2 1292 455.00 486/432 1295 -
*HDFC AMC 5 1803 106.3* 102 1760 721.6 33.9 16.00 0.0 33.4 1812 477.1 243.3 1812N 1428.7 11 654.4 21 82.76 0 6.09 405.3 28642 1347.40 1970/1248 28640 34.2
HDFC Life Insurance 10 1803 2017.3 24 1282 1109.0 5.5 1.36 0.0 23.3 1812 260.4 245.6 1812N 966.5 23 912.8 20 80.71 0 10.88 381.5 73126 362.50 547/345 72017 58.1
ICICI Lombard Gen. 10 1803 454.3* 104 1330 861.8 19.0 3.25 0.1 18.2 1812 371.9 239.1 1812N 1284.0 27 821.5 26 55.90 0 20.94 243.7 42341 932.10 938/683 42234 41.0
ICICI Pru Life 10 1803 1435.8 48 1829 1619.8 11.3 7.80 0.0 23.5 1812 404.4 296.8 1812N 1080.9 -22 879.3 -31 78.69 0 13.16 336.4 45120 314.25 462/278 44916 37.0
ICICI Securities 5 1803 161.1 26 1857 553.4 17.2 3.90 0.8 67.1 1812 405.8 102.3 1812N 1297.4 -4 365.5 -8 79.22 0 15.08 126.5 6409 198.95 463/188 5605 12.3
IDFC L 10 1803 1596.4 61 197 148.4 0.9 0.75 0.0 1.5 1812 8.4 26.3 1812N 156.2 -13 153.8 9 0.00 0 50.67 427.7 5922 37.10 60/34 5919 36.9
*IFCI Ltd. 10 1803 1696.0 28 2701 -1008.5 -5.9 - 3.4 - 1812 628.7 -48.9 1812N 1703.3 -13 -406.2 8 56.42 0 19.09 536.9 2156 12.71 24/12 17613 -
IIFL Holdings 2 1803 63.8* 46 159 204.3 6.4 4.50 0.0 14.0 1812 27.2 23.4 1812N 52.0 -53 43.2 -40 28.94 0 25.80 39.3 11658 365.35 873/298 11637 66.4
India Grid Trust 99 1803 2838.0 102 324 262.5 9.2 2.98 0.3 9.0 1812 139.5 111.4 1812N 405.7 92 97.0 -54 - 0 0.00 - 2407 84.30 99/84 3283 -
Indiabulls Ventures 2 1803 121.0* 26 129 52.1 0.9 - 0.6 3.3 1812 64.3 15.4 1812N 129.8 39 76.9 80 100.00 0 0.00 80.5 18310 302.65 820/237 18129 212.4
*Indian Energy Exchan 1 1803 30.3 9 230 131.7 4.3 2.20 0.0 46.4 1812 63.8 42.6 1812N 197.6 13 127.2 27 0.00 0 49.66 76.0 4833 159.35 178/141 4719 30.5
*Indostar Capital Fin 10 1803 92.3* 234 819 235.6 25.5 - 1.8 10.9 1812 311.9 75.5 1812N 847.0 50 184.2 11 100.00 0 0.00 113.1 3150 341.40 607/275 6882 8.4
JM Financial Ltd. 1 1803 84.0* 28 114 136.2 1.6 1.80 0.0 5.7 1812 18.0 1.7 1812N 102.0 196 78.0 -11 62.05 0 22.13 58.3 6396 76.15 153/64 6354 50.4
JSW Holdings 10 1803 11.1 823 89 68.1 61.3 - 0.0 7.5 1812 12.4 9.9 1812N 95.5 25 78.9 33 61.41 18 24.57 20.6 2625 2364.50 3025/1614 2617 29.9
*Kalyani Investment 10 1803 4.4 840 0 15.4 35.3 - 0.0 4.2 1812 16.2 15.2 1812N 34.8 27 32.6 21 73.60 0 1.85 18.3 648 1483.95 2644/1396 646 30.6
Kama Holdings Ltd. 10 1803 6.5 821 37 35.7 55.3 15.00 0.0 6.7 1812 0.4 0.3 1812N 19.1 5 19.8 12 74.99 0 0.44 5.7 3052 4730.35 6044/3803 3052 80.7
L&T Finance Holdings 10 1803 1998.8* 38 450 367.8 1.8 1.00 0.2 4.8 1812 48.9 -4.2 1812N 178.6 258 39.8 99 63.96 0 14.52 484.4 25275 126.45 190/111 25668 65.2
M&M Fin.Services 2 1803 123.6 151 7147 891.9 14.4 4.00 3.2 9.6 1812 2222.5 318.7 1812N 6251.6 23 969.1 107 51.18 0 40.10 63.0 24621 398.55 538/351 54111 17.7
Magma Fincorp Ltd. 2 1803 53.9* 82 1979 202.5 7.5 0.80 3.6 9.2 1812 563.9 66.6 1812N 1663.4 16 188.6 53 24.41 0 62.40 20.9 2649 98.35 194/81 10112 9.9
Manappuram Finance 2 1803 168.6 45 2928 700.2 8.3 2.00 2.4 18.4 1812 897.7 211.9 1812N 2527.5 16 576.9 9 35.13 5 45.15 133.4 9515 112.90 130/66 18248 12.7
Mas Financial Servic 10 1803 54.7 131 426 103.4 18.9 3.66 1.6 14.5 1812 158.0 45.5 1812N 413.8 31 110.5 50 73.46 0 12.57 20.3 2947 539.05 635/365 4038 21.0
*Max Financial Servic 2 1803 53.8 74 229 123.0 4.6 - 0.0 6.2 1812 176.4 139.9 1812N 306.7 41 159.0 17 28.36 81 61.61 59.6 10856 403.60 534/344 10853 74.3
*Max India 2 1803 53.7 62 66 6.3 0.2 - 0.0 0.4 1812 14.1 -3.2 1812N 43.0 -10 -2.0 -145 40.96 76 44.35 36.2 2111 78.65 98/55 2111 -
*Max Ventures and Ind 10 1803 146.4* 52 29 60.0 4.1 - 0.0 7.9 1812 6.3 3.1 1812N 19.0 -14 5.0 -92 47.20 0 31.57 37.3 668 45.60 76/42 667 -
MCX 10 1803 51.0 305 260 106.3 20.9 17.00 0.0 6.8 1812 76.2 38.1 1812N 219.9 17 78.1 8 0.00 0 69.06 143.9 3454 677.30 917/644 3395 30.8
Motilal Oswal Financ 1 1803 14.6 123 1269 323.4 22.2 8.50 0.7 18.0 1812 330.9 82.6 1812N 920.3 377 167.0 41 70.30 0 14.88 32.9 8915 612.30 1213/550 9911 50.0
*Muthoot Capital 10 1803 16.4 240 398 53.7 32.6 - 3.5 13.6 1812 142.2 23.3 1812N 398.2 43 64.1 99 62.48 0 15.07 13.5 1331 809.45 1300/697 2705 15.6
Muthoot Finance 10 1803 400.6 194 6162 1720.3 42.9 10.00 2.4 22.2 1812 1716.5 485.2 1812N 4998.5 8 1460.6 15 73.50 0 21.98 46.1 21389 533.95 550/357 39602 11.2
Nalwa Sons Investmen 10 1803 5.1 751 20 10.5 20.4 - 0.0 2.7 1812 1.7 1.1 1812N 25.1 30 28.8 78 55.61 0 5.51 20.2 488 949.40 1400/870 478 21.1
Network 18 Media & I 5 1803 523.5 24 70 -64.5 -0.6 - 0.5 - 1812 33.2 -52.9 1812N 79.7 61 -561.8 -1225 74.99 0 5.38 65.0 3513 33.55 63/31 4775 -
*Niyogin Fintech 10 1803 84.8 31 5 -2.7 -0.3 - 0.0 - 1812 5.2 -2.9 1812N 13.3 509 -4.3 -45 39.58 0 21.27 0.9 616 72.70 173/58 606 -
*Paisalo Digital L 10 1803 40.6 149 287 56.9 14.0 1.00 1.5 9.4 1812 92.1 17.9 1812N 259.6 20 57.7 2 26.03 0 18.98 1.9 1229 303.00 360/237 2128 21.5
Pilani Investmen 10 1803 7.9 1184 41 36.1 45.6 25.00 0.0 3.9 1812 0.8 -9.8 1812N 47.8 17 33.5 -11 57.54 0 1.53 6.2 1628 2058.95 2849/1805 1628 51.0
*PNB Gilts Ltd. 10 1803 180.0 49 410 36.6 2.0 1.00 5.0 4.2 1812 201.9 93.3 1812N 361.6 18 60.1 134 74.06 0 0.77 44.8 553 30.70 40/24 4815 7.8
*Power Finance Co 10 1803 2640.1 151 26414 5855.2 22.2 7.80 5.0 14.7 1812 7362.3 2075.8 1812N 21376.1 6 4804.2 -2 61.48 0 32.18 263.9 29305 111.00 112/68 227175 5.1
*PTC India Financial 10 1803 642.3 36 1190 24.7 0.4 0.20 4.0 1.1 1812 336.0 41.7 1812N 993.2 10 147.4 9 64.99 0 4.23 123.2 978 15.22 32/14 10288 -
Rane Holdings Ltd. 10 1803 14.3 267 96 48.8 34.2 14.50 0.1 12.8 1812 18.0 17.1 1812N 85.9 28 59.4 70 46.37 0 18.63 9.5 1428 1000.35 2799/948 1446 19.5
*REC 10 1803 1974.9 180 22358 4647.0 23.5 9.15 4.7 13.1 1812 7252.2 1274.6 1812N 19110.8 15 4507.6 18 52.84 0 37.29 332.8 26227 132.80 149/89 190929 4.9
Reliance Capital 10 1803 252.7 561 3275 828.0 32.8 10.50 1.3 5.8 1812 568.0 89.0 1812N 2122.0 -17 397.0 -36 51.98 75 25.10 758.9 4138 163.75 504/107 19736 6.8
Reliance NipLifeAML 10 1803 612.0 37 1532 504.9 8.2 6.00 0.0 22.5 1812 334.1 110.2 1812N 1091.3 -3 330.2 -6 85.75 0 10.19 83.4 12145 198.45 287/120 11588 25.1
Religare Enterprises 10 1803 216.9 108 7 -110.2 -5.1 - 0.2 - 1812 0.8 -10.3 1812N 3.7 -91 -40.2 12 1.04 68 36.76 45.9 421 19.40 62/17 899 -

40 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(22/02/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Satin Creditcare 10 1803 48.9 216 976 4.0 0.8 - 2.2 0.4 1812 383.6 70.0 1812N 1040.0 48 139.5 428 26.73 53 38.64 10.9 1178 240.85 458/183 2689 6.3
SBI Life Insurance 10 1803 1000.0 64 1281 1150.4 11.5 2.00 0.0 18.0 1812 291.6 264.3 1812N 917.1 13 869.1 13 100.00 0 0.00 331.4 55885 558.85 775/487 53240 44.7
Shriram City Uni 10 1803 66.0* 843 5083 664.7 100.7 18.00 2.9 11.9 1812 1439.8 258.8 1812N 4342.1 13 737.6 19 33.74 0 31.73 11.4 10671 1617.00 2454/1480 26368 13.6
Shriram Trans.Fi 10 1803 226.9 554 12202 1568.0 69.1 11.00 3.8 12.5 1812 3991.1 635.5 1812N 11658.3 30 1817.9 28 26.08 0 53.75 52.1 24320 1071.90 1671/904 68734 12.4
SREI Infrastructure 10 1803 503.1 59 1768 123.5 2.5 0.50 4.3 4.2 1812 559.7 22.6 1812N 1412.8 6 81.9 -12 60.79 0 15.34 72.1 1394 27.70 95/19 13442 12.4
Summit Securities 10 1803 10.9 480 86 75.5 69.2 - 0.0 14.4 1812 0.8 0.4 1812N 12.2 27 10.8 28 80.34 0 4.20 54.2 533 489.30 931/466 533 6.9
Sundaram Finance 10 1803 111.1 357 2618 533.0 48.0 12.00 3.5 13.4 1812 854.6 156.5 1812N 2430.3 27 451.6 12 36.44 0 17.97 25.9 15890 1430.15 1889/1320 28651 27.3
Sundaram Finance Hol 5 1803 75.6 22 73 54.4 3.6 1.50 0.0 16.7 1812 25.8 17.3 1812N 77.0 49 52.5 33 53.96 0 12.00 25.7 1231 81.50 344/79 1230 18.2
Tata Investment 10 1803 55.1 466 310 237.5 43.1 20.00 0.0 9.3 1812 25.3 15.1 1812N 156.8 -38 128.8 -34 72.97 0 4.12 39.0 4551 826.00 944/654 4549 26.6
*The Investment Trust 10 1803 51.0 79 114 -18.0 -3.5 - 0.8 - 1812 61.2 -8.1 1812N 216.4 243 -25.2 -61 73.84 0 4.22 2.9 791 154.95 285/131 1107 -
The New India Assur 5 1803 824.0* 89 2641 2200.9 13.4 8.75 0.0 14.9 1812 -105.5 -113.5 1812N 1021.0 -55 850.3 -54 85.43 0 13.45 99.3 28725 174.30XB 382/165 19704 24.2
TI Financial Holding 1 1803 18.8* 54 65 59.4 3.2 0.63 0.0 5.8 1812 3.6 2.0 1812N 37.0 28 32.3 25 48.76 0 29.37 21.2 8352 445.00 740/414 8270 126.8
Tourism Finance 10 1803 80.7 77 227 75.3 9.3 - 2.0 12.0 1812 57.9 24.5 1812N 166.8 -2 60.7 -6 8.08 0 12.97 53.8 1168 144.75 169/113 2426 16.4
Ujjivan Financial 10 1803 121.1* 145 0 0.4 0.0 0.50 0.0 0.0 1812 0.0 10.9 1812N 0.0 45 10.4 1360 0.00 0 56.18 80.9 3427 282.90 432/167 3312 -
Vardhman Holdings 10 1803 3.2 1602 63 55.0 172.4 5.00 0.0 10.8 1812 1.4 0.8 1812N 28.7 -45 25.3 -48 74.89 0 4.02 9.2 599 1876.00 4620/1608 597 19.1
Weizmann Forex 10 1803 11.1 167 7692 34.1 30.7 1.00 0.6 18.3 1812 2199.1 0.6 1812N 7190.3 21 23.1 -29 74.84 0 1.09 9.1 573 514.85 1280/448 619 23.3
48 GLASS
IND. COMPOSITE 205 5891 78 31
Asahi India Glass 1 1803 24.3 46 2591 185.3 7.6 1.50 1.1 16.7 1812 666.6 53.8 1812N 2152.0 17 141.9 10 54.27 5 2.53 47.5 6114 251.50 385/239 7364 30.8
Borosil Glass 1 1803 9.2* 89 296 46.4 5.0 0.25 0.0 5.6 1812 113.6 14.7 1812N 272.7 31 37.0 17 72.85 0 2.57 32.3 1939 209.80XB 398/190 1928 37.5
Empire Inds. 10 1803 6.0 353 473 46.7 77.8 25.00 0.9 22.0 1812 129.1 5.1 1812N 363.4 22 39.1 4 72.55 0 14.75 5.4 542 903.95 2230/866 639 11.2
Guj. Borosil Ltd 5 1803 34.1 10 198 6.9 1.0 - 0.1 10.0 1812 48.9 0.6 1812N 154.6 8 9.2 138 74.95 0 0.07 32.0 617 90.40 142/81 625 50.4
Hind. NationalGl 2 1803 17.9 16 1927 -294.5 -32.9 - 15.3 - 1812 621.3 -78.7 1812N 1769.2 27 -122.7 44 70.72 97 7.08 4.2 794 88.70 147/69 3032 -
*La Opala RG Ltd. 2 1803 22.2 45 259 73.4 6.6 1.10 0.0 14.6 1812 78.5 21.9 1812N 206.1 8 57.9 -2 65.02 0 19.65 16.0 2166 195.15 333/188 2167 30.1
Saint-Gobain Sekurit 10 1803 91.1 11 147 13.8 1.5 - 0.0 13.7 1812 40.9 4.9 1812N 120.3 12 11.9 19 75.00 0 0.55 24.3 443 48.60 86/47 446 28.3
49 GRANITES/MARBLES
IND. COMPOSITE 6 147 12 21
Pokarna Ltd. 2 1803 6.2 43 147 12.3 4.0 0.12 0.5 9.2 1812 35.3 3.5 1812N 103.3 -5 5.1 -42 56.66 0 4.97 15.7 487 157.05 221/124 547 57.2
50 HORTICULTURE AND FLORI CULTURE
IND. COMPOSITE 120 3887 476 18
*Advanced Enzyme Tech 2 1803 22.3* 26 212 35.9 3.2 0.08 0.1 12.4 1812 53.6 6.4 1812N 166.2 9 26.1 27 67.27 15 11.71 58.3 1742 156.00 263/150 1782 42.0
*Kaveri Seed Company 2 1803 12.6 162 772 210.3 33.3 3.00 0.0 20.6 1812 67.2 3.6 1812N 724.3 -1 226.2 -1 55.09 0 30.40 28.1 2553 404.35 660/376 2546 12.3
Nath Bio-Genes 10 1803 19.0 247 192 29.4 15.5 - 0.1 6.3 1812 28.3 3.5 1812N 180.5 27 33.1 20 40.59 31 11.80 25.3 794 417.90 585/328 782 22.8
*Trescon L 10 1803 52.3 11 23 0.6 0.1 - 0.2 1.0 1812 6.2 0.5 1812N 22.9 90 2.6 1651 0.00 0 0.00 4.5 527 100.75 102/13 531 -
Venky’s (India) Ltd. 10 1803 14.1 512 2689 199.7 141.8 8.00 0.3 27.7 1812 812.0 67.7 1812N 2214.4 14 144.2 -3 56.10 0 4.56 42.9 2950 2094.10 4711/1788 3043 15.1
51 HOSPITALS AND MEDIC AL SERVICES
IND. COMPOSITE 1881 13322 548 49
Apollo Hospitals 5 1803 69.6 265 7183 233.2 16.8 5.00 0.8 6.3 1812 2169.0 86.9 1812N 6169.6 14 226.1 30 34.39 75 58.06 44.0 15905 1143.20 1387/911 18507 55.7
Aster DM Healthcare 10 1803 505.2 58 530 -87.2 -1.7 - 0.0 - 1812 154.7 -2.8 1812N 426.8 8 -26.1 59 37.61 0 9.51 95.2 7634 151.10 194/140 7580 -
*Dr. Lal Pathlabs Ltd 10 1803 83.3 94 1024 168.0 20.2 4.50 0.0 21.6 1812 282.8 44.3 1812N 872.9 14 149.4 16 56.91 0 25.09 41.7 8543 1025.10 1120/800 8237 45.2
Fortis Healthcare 10 1803 755.0 59 659 -63.7 -0.8 - 0.1 - 1812 169.7 -49.1 1812N 488.6 -3 -69.5 -43331 31.32 0 50.67 122.5 10226 135.45 167/121 10563 -
Healthcare Global En 10 1803 87.9 69 587 24.9 2.8 - 0.4 4.1 1812 159.7 -0.2 1812N 475.5 13 4.2 -76 24.09 0 58.01 10.1 1755 199.65 335/180 1958 147.8
Kovai Medical 10 1803 10.9 265 592 58.0 53.0 3.00 0.6 20.0 1812 166.0 17.2 1812N 468.3 6 44.7 -7 50.64 0 5.57 6.7 777 710.20 1360/655 850 14.2
*Narayana Hrudayalaya 10 1803 204.4 55 1848 58.4 2.9 - 0.4 5.2 1812 525.1 15.9 1812N 1530.5 12 27.5 -49 63.85 0 28.83 31.5 4065 198.90 313/182 4518 127.6
Shalby 10 1803 108.0 72 386 44.0 4.1 - 0.1 5.7 1812 113.1 12.9 1812N 348.4 26 28.7 12 79.41 0 7.02 59.5 1447 134.00 233/123 1423 30.8
Thyrocare Tech. 10 1803 52.8 86 332 96.0 18.2 10.00 0.0 21.2 1812 88.1 22.4 1812N 273.0 13 74.3 9 65.12 0 26.62 28.6 2911 551.70 725/482 2902 28.5
Vimta Labs Ltd. 2 1803 4.4 69 181 16.4 7.4 2.00 0.2 10.8 1812 50.7 5.1 1812N 159.1 23 18.5 63 37.40 0 0.44 10.4 446 201.90 341/172 476 18.9
52 HOTELS AND RESORTS
IND. COMPOSITE 1955 8843 389 69
*Asian Hotels (West) 10 1803 11.7 255 140 4.2 3.6 1.00 0.7 1.4 1812 39.3 2.8 1812N 106.2 4 21.6 1670 68.16 0 0.99 10.6 405 348.00 419/255 602 16.5
Chalet Hotels L 10 1803 205.0* 27 874 23.2 1.1 - 4.5 4.2 - - - - - - - - - 0 0.00 - 5696 277.80 303/250 8001 -
Coffee Day Enterpris 10 1803 211.3 89 140 -61.5 -2.9 - 0.3 - 1812 11.7 -19.2 1812N 45.4 -47 -45.4 -1 53.93 79 6.10 40.8 5870 277.85 356/237 6406 -
EIH Associated 10 1803 30.5 99 264 37.8 12.4 4.50 0.0 12.5 1812 84.8 17.3 1812N 179.2 -2 19.7 -12 74.99 0 14.19 5.8 1024 335.95 690/290 1020 29.1
EIH Ltd. 2 1803 114.3 49 1350 112.3 2.0 0.90 0.1 4.0 1812 443.9 63.9 1812N 1112.3 21 100.6 79 35.24 0 19.12 52.2 10611 185.65 213/138 10997 67.7
Hotel Leela Ven. 2 1803 126.1 6 719 -23.2 -0.4 - 8.3 - 1812 209.1 44.1 1812N 529.4 3 -89.1 -1100 47.27 94 3.88 83.1 726 11.51 22/9 3893 -
*India Tourism De 10 1803 85.8 39 344 23.6 2.8 1.85 0.0 7.0 1812 95.7 5.9 1812N 254.9 1 21.4 -10 87.02 0 3.66 7.4 2191 255.40 528/242 1880 103.2
Indian Hotels Co 1 1803 118.9 37 2584 147.8 1.2 0.29 0.4 3.4 1812 802.7 137.7 1812N 1937.4 8 98.9 25 39.08 0 42.23 129.1 16965 142.65 156/110 18570 103.3
Lemon Tree Hotels 10 1803 792.2 12 231 22.1 0.3 - 0.3 2.3 1812 71.8 12.0 1812N 200.0 15 25.4 101 30.88 0 22.14 19.7 5938 74.95 91/57 6231 -
Mahindra Holidays 10 1803 133.6 57 1064 134.4 10.1 3.33 0.0 17.6 1812 236.1 21.2 1812N 680.0 -13 49.4 -48 67.30 0 18.72 34.8 2582 193.30 353/185 2557 29.3
Oriental Hotels 1 1803 17.9 14 357 6.0 0.3 - 1.2 2.4 1812 89.8 14.9 1812N 252.8 -2 90.0 35884 61.86 10 12.13 23.8 722 40.40 59/34 1010 7.5
Sayaji Hotels Lt 10 1803 17.5 42 192 -4.2 -2.4 - 1.4 - 1812 58.1 1.7 1812N 152.1 12 -1.2 54 74.90 45 0.02 3.4 482 275.00 329/219 553 -
Speciality Restauran 10 1803 47.0 49 297 -53.4 -11.4 - 0.0 - 1812 98.5 8.4 1812N 262.8 17 0.5 102 51.19 0 8.18 13.2 428 91.05 155/64 422 -
Taj GVK Hotels & Res 2 1803 12.5 61 288 21.0 3.4 0.60 0.5 5.5 1812 85.8 8.4 1812N 229.8 12 14.2 3 74.98 0 11.30 27.9 1135 181.00 264/140 1316 52.9
Westlife Development 2 1803 31.1 31 0 -0.5 -0.0 - 0.0 - 1812 0.0 -0.2 1812N 0.0 -47 -0.6 -91 62.16 0 21.83 8.4 5521 354.80 464/287 5521 -
53 INFRASTRUCTURE - GENERAL
IND. COMPOSITE 2948 9329 551 24
Arvind SmartSpaces 10 1803 35.1 71 128 29.8 8.5 - 0.4 11.9 1812 84.9 20.1 1812N 161.2 167 30.4 313 59.82 0 6.31 118.1 429 122.25 214/100 527 8.1
Bharti Infratel Ltd. 10 1803 1849.6 96 6618 2413.9 13.1 14.00 0.0 13.6 1812 1732.5 468.9 1812N 5147.1 4 2390.0 15 53.51 0 45.39 38.2 58263 315.00 352/242 58232 21.4
*GMR Infrastructure L 1 1803 603.6 8 1106 -1930.8 -3.2 - 1.3 - 1812 266.6 776.5 1812N 808.6 -2 573.0 152 63.10 83 26.49 410.1 9929 16.45 22/13 15790 -
MEP Infrastructure 10 1803 183.4 36 1477 40.2 2.2 0.30 0.5 6.1 1812 488.8 6.9 1812N 1399.7 50 29.6 28 65.04 58 16.62 17.6 703 38.30 91/36 963 15.1
RattanIndia Infra 2 1803 276.5 5 0 -1.9 -0.0 - 0.0 - 1812 0.0 -0.1 1812N 0.0 - -1.0 29 74.74 0 8.81 75.3 406 2.94 7/3 406 -
54 IRON AND STEEL
IND. COMPOSITE 8414 292823 -15537 13
*APL Apollo Tubes 10 1803 23.7 382 4336 112.7 47.5 14.00 0.7 12.4 1812 1375.7 2.9 1812N 4120.4 35 79.3 -11 37.25 0 13.63 24.5 2768 1166.45 2230/1009 3407 26.9
Beekay Steel Indus 10 1803 19.1 158 978 70.8 37.1 1.00 0.6 23.6 1812 242.7 19.8 1812N 767.2 11 81.0 57 69.20 0 0.00 1.7 603 316.10 440/252 777 5.9
Gallantt Ispat Ltd. 1 1803 28.2 16 575 53.6 1.9 - 0.5 12.0 1812 343.0 31.8 1812N 916.7 164 103.0 143 63.09 0 0.00 3.6 844 29.90 51/23 1074 7.4

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 41


Databank Updated Information Updated as on February 22, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(22/02/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Gandhi Special 5 1803 6.9 128 114 33.6 24.3 9.00 0.0 18.9 1812 27.7 9.8 1812N 98.9 15 31.2 16 73.26 0 1.87 7.4 484 350.00 425/340 479 12.8
Godawari Power & Isp 10 1803 35.2 246 2126 181.9 51.6 - 1.6 20.9 1812 753.3 50.0 1812N 2109.2 40 167.4 79 67.36 33 5.80 19.2 915 259.75 591/192 2290 3.6
Indian Metal & F 10 1803 27.0 443 1766 186.9 69.3 15.00 0.6 15.6 1812 392.4 34.7 1812N 1199.7 -9 84.9 -53 58.68 0 0.44 43.3 604 223.85 603/204 1305 6.7
Jai Corp Ltd. 1 1803 17.8 56 576 24.4 1.4 0.50 0.6 2.5 1812 149.9 3.7 1812N 477.6 12 25.8 95 73.00 0 7.60 77.4 1680 94.15 174/86 2288 45.4
Jindal Saw 2 1803 64.0 185 7282 385.8 12.1 1.20 0.7 6.5 1812 2341.9 150.3 1812N 6963.4 44 347.5 58 63.00 4 13.23 60.5 2604 81.45 144/68 6781 5.1
Jindal St & Pwr 1 1803 96.8 235 17065 -361.6 -3.7 - 0.9 - 1812 6730.9 176.6 1812N 20313.6 80 891.5 276 58.66 50 26.62 170.3 15400 159.10 271/123 36595 -
Jindal Stainless 2 1803 95.8 49 10785 318.3 6.6 - 1.8 13.5 1812 3134.7 52.4 1812N 9362.9 23 106.8 -48 66.58 86 21.48 62.0 1591 33.20 109/21 5264 7.2
Jindal Stainless (Hi 2 1803 47.2 53 9259 395.7 16.8 - 2.1 31.5 1812 2233.3 55.1 1812N 6595.8 -6 196.1 -35 57.66 88 24.16 56.8 1965 83.30 200/76 4607 6.7
*JSW Steel 1 1803 241.7 115 64975 4625.0 19.1 3.20 1.1 16.6 1812 18393.0 1892.0 1812N 57026.0 26 6514.0 173 42.54 44 22.21 589.7 68927 285.15 427/257 100049 7.9
*Kalyani Steel 5 1803 21.8 180 1344 114.9 26.3 5.00 0.2 14.6 1812 374.0 34.6 1812N 1084.6 10 91.2 7 64.71 0 4.27 50.8 819 187.55 339/175 912 6.8
Kamdhenu L 10 1803 26.4* 50 1180 15.7 5.9 1.00 0.7 11.9 1812 242.3 5.5 1812N 974.2 21 16.6 66 66.76 0 1.35 9.8 404 153.20 285/142 482 18.2
Kirloskar Ferrou 5 1803 68.8* 43 1724 38.0 2.8 1.25 0.1 6.4 1812 582.5 34.5 1812N 1619.1 29 72.0 212 59.56 0 11.54 53.6 1237 89.85 108/77 1304 14.2
*Maha. Seamless 5 1803 33.5 443 2129 198.4 29.6 6.00 0.0 6.7 1812 785.9 92.8 1812N 2096.3 40 281.6 156 61.78 0 10.16 23.6 3129 467.05 532/406 3135 8.5
*Mishra Dhatu Nig 10 1803 187.3 42 662 131.3 7.0 2.10 0.1 16.6 1812 153.2 16.9 1812N 374.4 7 50.3 -7 74.00 0 19.60 34.6 2163 115.45 177/86 2076 16.9
Monnet Ispat & Energ 10 1803 469.5 -60 1383 -1901.0 -40.5 - -1.7 - 1812 493.8 -77.7 1812N 1346.6 42 -3327.0 -189 74.35 24 20.36 35.5 1531 32.60 48/9 6583 -
*MSP Steel & Power Lt 10 1805 385.4 10 1160 -55.7 -1.4 - 3.0 - 1812 493.1 8.4 - - 41 - - 41.61 83 33.42 9.8 478 12.39 22/10 1563 -
Mukand Ltd. 10 1803 141.4 80 3070 44.1 3.1 - 1.5 3.9 1812 935.1 -20.2 1812N 2748.5 21 -61.9 13 73.32 15 3.91 38.4 737 52.10 80/43 2333 13.6
Pennar Industrie 5 1803 60.2 34 1227 54.3 4.5 - 0.6 13.4 1812 392.0 11.5 1812N 1113.0 26 33.9 48 100.00 7 0.00 46.5 407 33.85 63/30 605 6.2
Ratnamani Metals 2 1803 9.3 280 1767 151.8 32.5 6.00 0.1 11.6 1812 728.5 62.8 1812N 2068.2 80 189.7 99 60.09 0 20.34 11.0 4039 864.45 1065/736 4114 16.4
RMG Alloy Steel 6 1803 208.0 -10 235 -54.5 -1.6 - -1.5 - 1812 116.7 -17.8 1812N 357.2 167 -13.2 77 55.84 0 0.00 80.2 628 18.10 34/11 1057 -
Sarda Energy & Miner 10 1803 36.0 380 1476 187.9 52.1 5.00 0.2 13.7 1812 442.0 65.4 1812N 1302.9 20 176.9 33 72.49 0 2.33 21.7 891 247.30 514/231 1186 3.8
*Srikalahasthi Pipes 10 1803 46.7 252 1499 147.4 31.6 6.00 0.3 12.5 1812 397.4 31.2 1812N 1150.1 -1 81.7 -28 44.00 0 19.41 33.8 837 179.15 396/157 968 7.2
Steel Authority 10 1803 4130.5 86 57558 -481.7 -1.2 - 1.2 - 1812 15835.8 616.3 1812N 48461.0 20 1710.4 232 99.99 0 0.00 351.2 20343 49.25 91/44 62110 -
Sunflag Iron 10 1803 180.2 46 2074 128.7 7.1 0.50 0.4 15.4 1812 533.8 22.7 1812N 1701.0 12 100.2 9 49.06 0 0.43 57.3 852 47.30 100/41 1102 6.2
*Surya Roshni Ltd 10 1803 54.4 192 4931 108.0 19.9 2.00 1.0 10.3 1812 1605.3 31.1 1812N 4270.6 22 76.8 8 62.90 24 3.66 24.1 1225 225.20 460/185 2272 10.8
Tata Metaliks 10 1803 25.3 142 1873 159.2 62.9 3.00 1.2 44.4 1812 546.4 39.6 1812N 1561.3 18 117.5 12 50.09 0 16.73 53.9 1482 586.15 884/545 1897 8.6
Tata Sponge Iron 10 1803 15.4 641 800 140.9 91.5 20.00 0.0 14.3 1812 260.8 26.8 1812N 738.0 33 100.0 6 54.50 0 7.23 41.3 1067 693.10 1248/660 646 7.3
*Tata Steel 10 1803 1204.1 511 59617 4169.6 34.6 10.00 0.4 6.8 1812 17173.9 2456.1 1812N 51481.4 20 8042.1 156 33.12 4 44.07 811.2 60441 501.95 692/442 83258 6.7
*Tata Steel BSL 2 1803 218.7 -237 17013-24813.5 -226.9 - -0.6 - 1812 4888.5 -239.6 1812N 15374.1 23 1925.5 154 72.65 0 11.30 103.8 2947 26.95 51/21 16548 -
Technocraft Industri 10 1803 24.5 265 1010 108.6 44.4 - 0.6 16.8 1812 284.9 25.8 1812N 842.9 16 87.7 18 73.26 0 4.56 11.4 1281 523.75 650/480 1638 10.5
Usha Martin Ltd. 1 1803 30.5 6 4039 -282.3 -9.3 - 20.1 - 1812 426.8 -45.9 1812N 1261.1 -56 2.3 101 49.87 52 12.77 46.7 1056 34.65 46/18 4514 -
Welspun Corp 5 1803 132.6 72 5215 125.8 4.7 0.50 0.3 6.6 1812 1111.0 -7.2 1812N 3768.5 -6 3.6 -97 48.64 0 14.89 54.3 2992 112.80 187/89 3402 -
55 LAMINATES
IND. COMPOSITE 115 5740 435 22
Century Plyboards 1 1803 22.2 38 1967 156.6 7.1 1.00 0.6 18.7 1812 578.9 41.4 1812N 1680.6 18 124.6 3 72.68 0 14.88 56.4 3606 162.30 364/150 4092 22.5
Greenlam Industries 5 1803 12.1 148 1061 59.2 24.5 2.50 0.5 16.5 1812 299.8 19.2 1812N 857.8 11 43.7 1 54.74 0 17.80 5.4 1622 672.00 1339/630 1780 27.2
*Greenply Industr 1 1803 12.3 75 1680 135.7 11.1 0.60 0.7 14.8 1812 462.9 35.7 1812N 1316.0 6 73.8 -28 51.02 0 31.32 20.5 1607 131.05 360/110 2205 15.1
Rushil Decor Ltd. 10 1803 14.9 114 343 31.0 20.7 0.50 0.5 18.1 1812 81.4 2.1 1812N 257.2 1 10.5 -52 52.85 4 13.52 2.9 694 464.70 950/390 775 35.5
Stylam Industries 10 1803 8.2 178 338 20.1 24.6 - 0.8 13.8 1812 119.6 11.3 1812N 335.9 43 26.5 93 52.70 41 6.64 3.7 544 666.00 890/525 660 16.6
*The Indian Wood Prod 2 1803 12.8* 52 216 17.3 2.7 0.25 0.1 5.2 1812 48.3 6.7 1812N 149.7 -11 13.9 7 70.15 0 0.62 2.3 519 81.10XB 100/39 549 28.4
*Uniply Industries 2 1803 33.0 10 134 14.9 0.9 - 0.6 9.0 1812 30.7 7.3 1812N 130.5 28 14.5 63 26.77 60 8.19 12.4 750 45.50 98/43 846 36.6
56 LEATHER
IND. COMPOSITE 118 6307 501 49
Bata India 5 1803 64.3 115 2629 223.6 17.4 4.00 0.0 15.1 1812 778.7 103.2 1812N 2249.1 13 241.4 41 52.95 0 32.69 122.0 16851 1311.10 1321/674 16263 57.4
Khadim India 10 1803 18.0 149 749 37.9 21.1 - 0.3 14.1 1812 176.5 4.0 1812N 592.5 7 20.0 -28 59.68 0 33.98 39.0 662 368.25 862/355 715 21.9
Mirza International 2 1803 24.1 48 972 78.4 6.5 0.90 0.5 13.7 1812 307.1 7.5 1812N 864.7 16 41.6 -31 70.18 0 3.78 40.7 627 52.15 146/51 884 10.6
Relaxo Footwears 1 1803 12.0* 63 1957 161.1 13.4 1.50 0.2 21.1 1812 551.3 35.6 1812N 1656.4 18 121.0 12 74.95 0 5.80 16.4 8795 730.20 874/584 8916 50.4
57 LOGISTICS
IND. COMPOSITE 826 10500 626 33
Aegis Logistics Ltd. 1 1803 33.4 23 502 100.9 3.0 1.25 0.3 13.1 1812 218.0 29.7 1812N 540.7 54 76.5 -2 60.58 0 14.55 51.3 6585 197.15 299/170 6810 66.3
Allcargo Logistics 2 1803 49.1 54 1196 28.9 1.2 2.00 0.2 2.2 1812 374.5 94.1 1812N 1118.9 28 169.8 104 69.95 0 15.94 59.2 2561 104.25 182/92 2792 22.2
Arshiya 2 1803 48.7 48 85 52.0 2.1 - 1.1 4.4 1812 49.2 0.9 1812N 82.3 23 -30.5 45 52.18 100 1.64 10.1 698 28.65 98/21 1965 9.1
Future Supply Chain 10 1803 40.1* 104 775 67.3 16.8 1.00 0.1 16.1 1812 332.6 19.7 1812N 900.0 63 49.1 -1 52.46 0 23.35 31.8 2461 614.15 750/596 2410 32.1
Gateway Distriparks 10 1803 108.7 66 328 38.0 3.5 7.00 0.1 5.3 1812 88.7 29.1 1812N 265.0 10 53.3 78 29.71 31 58.63 34.2 1215 111.75 228/97 1293 19.8
Mahindra Logistics L 10 1803 71.4* 59 3220 62.2 8.7 1.50 0.0 14.8 1812 938.8 19.1 1812N 2696.0 13 61.6 46 58.58 0 21.70 55.0 3120 436.70 653/419 3055 38.3
Navkar Corporation L 10 1803 150.5 113 428 100.9 6.7 - 0.2 5.9 1812 123.4 9.2 1812N 352.5 33 42.6 -43 69.02 0 20.45 35.6 616 40.95 185/37 939 8.8
Sical Logistics 10 1803 58.5 99 964 28.7 4.9 - 1.4 4.9 1812 353.3 8.0 1812N 924.0 41 20.5 -15 59.10 83 1.09 38.6 749 127.95 240/114 1546 29.8
Snowman Logistics Lt 10 1803 167.1 25 194 -3.6 -0.2 - 0.2 - 1812 59.3 2.4 1812N 172.7 21 4.3 179 40.25 0 0.76 74.1 505 30.20 57/29 583 -
*TCI Express 2 1803 7.7 54 885 58.4 15.2 2.50 0.2 28.2 1812 263.1 18.7 1812N 757.9 19 51.1 26 66.96 0 10.97 26.8 2389 623.55 736/425 2416 34.7
VRL Logistics Ltd. 10 1803 90.3 66 1922 92.6 10.2 - 0.1 15.6 1812 551.2 26.6 1812N 1596.6 11 71.4 -11 68.05 0 24.72 35.6 2211 244.75 460/238 2261 26.5
58 LPG BOTTLING/DISTRIBUTION
IND. COMPOSITE 264 8981 795 22
Confidence Petroleum 1 1803 27.4 8 574 25.3 0.9 0.05 0.2 10.7 1812 237.4 17.1 1812N 613.2 52 44.9 158 51.55 1 5.96 22.9 1082 39.50 57/28 1119 20.5
*Gujarat Gas 2 1803 137.7 27 6174 291.4 4.2 0.80 1.2 15.8 1812 2117.4 138.0 1812N 5846.9 32 300.5 33 60.89 0 17.35 27.9 8071 117.25 183/116 10149 22.0
Mahanagar Gas 10 1803 98.8 212 2233 477.9 48.4 19.00 0.0 22.8 1812 752.7 148.3 1812N 2068.5 26 412.9 11 42.49 0 35.00 126.8 8579 868.50 1133/757 8488 16.6
59 LUBRICANTS
IND. COMPOSITE 516 6399 986 23
Castrol India 5 U1812 494.6 17 3905 708.3 7.2 5.00 0.0 41.0 1812 1033.4 211.9 - - 10 - - 51.00 0 27.45 191.7 15257 154.25 214/135 14473 21.5
*GOCL Corporation 2 1803 9.9 77 88 22.2 4.5 1.60 0.0 5.8 1812 24.5 6.7 1812N 71.1 7 13.6 5 74.93 0 4.91 33.4 1242 250.55 580/221 1220 54.2
Gulf Oil Lubricants 2 1803 10.0* 94 1332 158.6 31.8 10.50 0.5 33.9 1812 462.0 49.8 1812N 1269.6 32 130.2 11 72.74 0 13.63 55.1 4447 893.05 1016/618 4369 25.9
*Tide Water Oil 5 1803 1.7 1883 1074 96.9 278.2 175.00 0.0 14.8 1812 308.4 20.1 1812N 882.0 14 68.3 -0 57.27 0 11.77 21.4 1705 4892.95 6824/4750 1535 17.6
.
60 MEDIA - PRINT
IND. COMPOSITE 448 9082 1317 10

.
DB Corp
Hindustan Media Vent
10 1803 174.9* 110 2328 324.5 18.6 1.00
10 1803 73.4 181 880 171.2 23.3 1.20
0.0
0.1
16.9 1812
12.9 1812
659.7
220.6
75.7 1812N 1874.2
29.2 1812N 652.9
6
-4
219.4
55.4
-18 71.61 41 20.56
-58 74.30 0 16.28
23.3
12.6
3146
777
179.90
105.80
350/153 2871 11.4
249/97 836 8.1
HT Media 2 1803 46.5 82 1389 213.7 9.2 0.40 0.6 11.3 1812 357.8 24.0 1812N 969.5 -7 -116.1 -171 69.50 0 14.65 34.3 898 38.60 96/36 1890 -
. 42 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in
AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(22/02/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Jagran Prakashan 2 1803 59.3 51 1898 266.0 9.0 3.00 0.1 17.6 1812 501.9 56.3 1812N 1453.8 0 166.0 -23 61.31 0 21.83 45.0 2780 93.80 175/92 2843 12.9
Kokuyo Camlin 1 1803 10.0 24 630 9.8 1.0 - 0.6 4.1 1812 147.2 1.1 1812N 494.7 13 10.7 165 74.98 0 0.12 17.7 905 90.25 154/83 1034 55.0
MPS Ltd. 10 1803 18.6 221 218 68.2 36.6 12.00 0.0 16.6 1812 56.1 18.1 1812N 172.4 4 55.1 3 67.77 0 6.82 12.6 819 439.95 716/425 816 11.7
Navneet Education 2 1803 45.8 35 1131 153.2 6.7 1.50 0.3 19.0 1812 181.6 7.5 1812N 1115.0 21 162.8 18 61.89 0 21.42 29.3 2362 103.20 161/99 2568 13.3
*Repro India Ltd. 10 1803 11.5 216 233 30.2 26.3 - 0.4 12.1 1812 59.9 6.9 1812N 193.5 14 19.3 -6 55.33 0 14.17 7.1 650 565.15 760/523 757 22.4
Sandesh 10 1803 7.6 878 375 79.7 105.3 5.00 0.0 12.0 1812 97.7 13.7 1812N 308.4 8 41.9 -34 74.81 0 0.00 5.5 504 665.75 1170/646 422 8.7
61 MEDICAL - OTHERS
IND. COMPOSITE 44 508 70 27
Poly Medicure Lt 5 1803 44.1 38 508 70.2 8.0 2.00 0.3 21.0 1812 148.7 16.8 1812N 426.8 16 44.8 -5 48.75 0 4.92 5.5 1870 212.00 298/181 1956 27.5
62 METAL - NON-FERROUS
IND. COMPOSITE 1438 27881 9490 12
Gravita India Ltd. 2 1803 13.7 20 787 25.5 3.7 0.70 1.5 18.7 1812 273.7 -0.2 1812N 747.4 49 3.6 -80 72.76 0 1.97 17.7 432 62.80 205/58 623 40.5
*Hind. Copper 5 1803 462.6 17 1684 79.6 0.9 0.25 0.4 5.2 1812 474.2 34.6 1812N 1361.5 7 105.1 82 76.04 0 14.61 133.6 4173 45.10 82/43 4817 32.9
Hind. Zinc 2 1803 845.1 85 22084 9276.0 22.0 8.00 0.0 25.8 1812 5540.0 2211.0 1812N 15627.0 -4 5944.0 -11 64.92 0 3.96 110.3 109753 259.75 340/243 107789 13.0
Precision Wires 5 1803 11.6 102 1408 36.0 15.6 4.50 0.1 15.2 1812 439.0 9.6 1812N 1313.2 33 31.6 13 59.66 0 0.93 12.4 429 185.65 330/175 402 10.8
Tin Plate Co. 10 1803 104.7 65 1917 73.2 7.0 2.00 0.0 10.8 1812 630.1 15.5 1812N 1856.7 52 30.4 -32 74.95 0 1.18 67.4 1418 135.50 259/118 1372 24.1
63 MINING/MINERALS
IND. COMPOSITE 7848 63162 21147 11
Coal India 10 1803 6207.4 20 365 9293.4 15.0 16.50 0.0 73.2 1812 82.8 5474.3 1812N 176.4 -10 6154.0 2161 72.90 0 23.58 637.4 133614 215.25 317/212 133126 8.8
Guj. Mineral Dev 2 1803 63.6 138 2152 434.6 13.7 3.50 0.0 9.9 1812 438.6 50.4 1812N 1436.9 -5 14.8 -96 74.00 0 14.27 66.4 2415 75.95 147/69 2385 21.0
KIOCL 10 1803 621.9 34 1571 81.5 1.3 1.06 0.0 3.8 1812 424.6 21.1 1812N 1243.2 6 67.0 213 99.05 0 0.51 10.2 8144 130.95 317/117 6281 64.1
MOIL Ltd. 10 1803 257.6 109 1323 422.0 16.4 5.50 0.0 15.1 1812 332.8 120.3 1812N 1004.1 8 338.8 15 65.69 0 17.89 285.6 3704 143.80 229/140 1565 7.9
NMDC Ltd. 1 1803 316.4 77 11615 3805.9 12.0 4.30 0.0 15.6 1812 3649.4 1576.7 1812N 8509.4 10 3188.3 18 72.42 0 22.77 252.5 30595 96.70 133/86 25657 7.1
Orissa Minerals Deve 1 1803 0.6 978 0 -253.0 -421.6 - 0.1 - 1812 0.0 -0.2 1812N 0.0 -100 -21.6 -1364 50.01 0 20.11 18.7 517 860.85 1905/625 -254 -
Sandur M & I Ore 10 1803 8.8 605 612 106.5 121.7 7.00 0.0 20.1 1812 194.9 36.2 1812N 566.7 35 122.8 83 72.44 0 3.09 9.3 808 923.55 1422/750 785 5.0
Vedanta 1 1803 371.7 213 45524 7256.0 19.5 21.20 0.4 9.1 1812 10007.0 4878.0 1812N 29387.0 -7 5034.0 325 50.13 0 34.74 587.1 62932 169.30 345/146 91458 5.7
64 MISCELLANEOUS
IND. COMPOSITE 1501 29333 4944 36
Adani Ports & Speci 2 1803 414.2 87 6534 2408.1 11.6 2.00 1.1 13.3 1812 1457.6 916.3 1812N 3742.1 -18 1963.2 15 62.30 46 34.39 254.0 73332 354.10 418/294 91688 27.5
*Cox & Kings L 5 1803 88.3 170 2623 176.1 10.0 1.00 0.6 5.8 1812 596.3 23.2 1812N 2218.5 8 145.5 -15 49.75 63 40.72 29.9 2516 142.50 260/139 3885 15.7
Delta Corp Ltd. 1 1803 27.1 62 376 104.6 3.9 1.00 0.0 6.3 1812 123.0 37.3 1812N 353.0 33 129.4 71 32.77 5 26.58 90.7 6278 231.70 375/198 6216 39.6
Dredging Corpora 10 1803 28.0 551 592 17.1 6.1 2.00 0.4 1.1 1812 165.0 9.8 1812N 453.3 3 -66.5-166375 73.47 0 8.86 52.5 983 351.15 725/287 1579 -
IFGL Refractories 10 1803 36.0 136 443 22.6 6.3 2.00 0.2 4.6 1812 120.3 3.7 1812N 349.6 9 18.4 42 72.43 0 14.91 13.0 739 205.00 294/195 819 26.3
Indraprastha Gas Ltd 2 1803 140.0 50 4592 670.8 9.6 0.34 0.0 19.1 1812 1508.4 198.0 1812N 4217.3 26 561.2 13 45.00 0 38.62 119.8 20010 285.85 320/215 19451 27.2
Info Edge (India) 10 1803 122.1 173 915 182.4 14.9 5.50 0.0 8.7 1812 281.1 74.3 1812N 805.6 19 215.4 10 41.24 0 47.48 24.2 20241 1657.50 1798/1125 20095 100.4
Jain Irrigation 2 1803 99.3 92 4289 281.1 5.7 1.00 0.2 6.2 1812 1098.5 63.0 1812N 3108.2 14 152.2 25 28.64 45 37.42 201.4 2864 57.70 123/49 3606 9.2
*Linde India 10 U1812 85.3 169 2192 33.5 3.9 - 0.7 2.3 1812 562.8 15.4 - - 8 - - 74.99 0 15.78 18.3 3649 427.85 819/386 4537 109.0
*Nirlon 10 1803 90.1 47 291 55.7 6.2 0.75 1.5 13.2 1812 77.5 18.2 1812N 221.7 2 48.9 -3 71.41 2 11.28 36.8 1747 193.90 222/165 2320 32.3
*Orient Refractories 1 1803 12.0 27 627 85.8 7.1 2.50 0.0 26.6 1812 199.8 20.6 1812N 560.6 25 64.8 11 66.48 0 14.98 16.7 2341 194.85 280/152 2328 25.4
Solar Industries Ind 2 1803 18.1 84 1273 134.3 14.8 6.00 0.1 17.7 1812 435.9 46.2 1812N 1181.6 34 133.4 44 73.14 0 21.54 13.7 8488 938.00 1320/924 8574 48.5
Sun Pharma Advanced 1 1803 26.2 7 78 -197.0 -7.5 - 0.0 - 1812 19.9 -69.0 1812N 98.0 69 -136.1 32 68.46 3 7.26 77.8 4397 167.80 490/141 4398 -
Syngene Internationa 10 1803 200.0 86 1423 305.1 15.3 1.00 0.4 17.7 1812 467.1 86.7 1812N 1291.7 27 230.9 5 71.05 0 21.58 43.6 11918 595.90 700/509 11615 37.8
Thomas Cook (I) 1 1803 37.1* 46 1903 531.4 14.3 0.38 0.0 31.4 1812 427.4 -11.3 1812N 1880.5 19 35.4 -93 66.94 0 20.14 63.5 7904 213.20 303/193 7295 -
Vesuvius India 10 1712 20.3 326 911 94.5 46.5 6.75 0.0 14.3 1809 238.4 25.9 1809N 701.4 3 72.3 -1 55.56 0 21.97 12.6 2287 1127.00 1400/973 1942 24.4
Wonderla Holidays Lt 10 1803 56.5 137 270 38.5 6.8 1.50 0.0 5.0 1812 76.1 14.5 1812N 221.2 3 48.4 39 71.28 0 15.80 27.1 1548 273.95 384/260 1523 29.7
65 MOBILE PHONE SERVICE P ROVIDER
IND. COMPOSITE 15078 93827 -27013 284
*Bharti Airtel 5 1803 1998.7 257 53663 79.2 0.2 5.34 0.6 0.1 1812 12314.0 227.1 1812N 37086.0 -10 -1792.4 -314 67.13 0 31.02 189.5 125119 313.00 437/277 187110 -
*MTNL 10 1803 630.0 -101 2372 -2973.0 -47.2 - -2.6 - 1812 514.2 -832.6 1812N 1451.0 -23 -2634.7 -27 56.25 0 20.50 129.6 844 13.39 26/12 17453 -
Reliance Com 5 1803 1382.8 34 2231 -9870.0 -35.7 - 3.0 - 1812 341.0 -136.0 1812N 1079.0 -41 6429.0 315 52.96 30 15.52 1287.1 1809 6.54 31/5 29562 -
Tata Communications 10 1803 285.0 309 5121 266.6 9.4 4.50 0.1 3.0 1812 1414.1 61.1 1812N 3966.8 4 164.5 118 74.98 3 19.27 57.3 15232 534.45 671/436 15136 42.8
*Tata Teleservices (M 10 1803 1954.9 -83 1869 -9842.0 -50.3 - -0.9 - 1812 305.4 -409.4 1812N 961.7 -35 -1247.2 86 74.35 35 0.37 336.0 674 3.45 7/3 14829 -
Tejas Networks 10 1803 91.6* 125 743 107.1 11.7 - 0.0 9.3 1812 181.1 31.7 1812N 622.1 -4 110.8 39 0.00 0 36.53 26.0 1503 164.10 386/115 1269 10.9
Vodafone Idea L 10 1803 8735.5* 3427829 -4780.8 -5.5 - 2.2 - 1812 11678.5 -5033.0 1812N 25144.1 15 -9129.0 -154 71.32 0 18.43 316.8 26556 30.40 85/29 83496 -
66 OIL DRILLING AND EXPLORATION
IND. COMPOSITE 9937 149330 27269 10
GAIL (India) Ltd. 10 1803 2255.1 179 53662 4618.4 20.5 9.09 0.0 11.4 1812 19789.0 1681.2 1812N 56362.9 47 4903.4 36 53.07 0 34.52 179.5 73808 327.30 399/296 72255 12.5
Hind. Oil Explor 10 1803 130.5 29 49 37.8 2.9 - 0.0 10.1 1812 66.0 34.8 1812N 165.5 549 101.0 372 0.00 0 9.98 68.1 1524 116.80 165/98 1433 13.0
Oil India Ltd. 10 1803 1134.9* 25610656 2667.9 23.5 15.00 0.3 9.2 1812 3514.0 1233.5 1812N 10648.1 39 2798.7 55 63.19 0 21.20 138.3 20076 176.90 247/166 24349 5.5
*ONGC 5 1803 6416.6 151 84963 19945.3 15.5 6.60 0.1 10.3 1812 27694.1 8262.7 1812N 82896.1 36 22671.2 62 65.64 0 20.67 655.6 190638 148.55 194/128 215217 6.7
67 PACKAGING
IND. COMPOSITE 276 14160 459 21
Essel Propack Ltd. 2 1803 63.0* 21 830 81.2 2.6 2.40 0.2 12.4 1812 221.8 17.4 1812N 640.0 2 49.1 -14 100.00 0 0.00 38.8 3380 107.25XB 145/85 3502 46.1
Garware Poly. 10 1803 23.2 556 823 33.8 14.5 2.00 0.1 2.6 1812 220.9 10.1 1812N 695.6 15 54.0 154 60.63 0 3.76 22.1 466 200.70 290/134 589 7.0
*Huhtamaki PPL 2 U1812 15.1 77 2369 34.9 4.6 3.00 0.7 6.0 1812 613.1 18.0 - - 12 - - 66.93 0 6.42 17.1 1417 187.65 364/155 1767 40.6
Jindal Poly Films 10 1803 43.8 414 2951 14.5 3.3 1.00 0.4 0.8 1812 879.3 45.1 1812N 2742.9 26 88.4 3 74.54 0 2.52 43.8 1070 244.35 365/205 1795 62.3
Polyplex Corpn. 10 1803 32.0 147 1089 58.9 18.4 40.00 0.4 12.5 1812 349.7 55.5 1812N 1010.6 28 196.8 258 50.02 0 7.10 15.2 1536 480.10 668/408 1711 7.7
*Safari Indus. 2 1803 4.5* 77 415 21.2 9.5 0.08 0.3 12.3 1812 144.2 5.0 1812N 427.6 44 23.3 72 57.63 0 24.50 6.7 1628 729.05 1005/505 1679 52.6
*Time Technoplast Ltd 1 1803 22.6 55 1808 113.3 5.0 0.80 0.4 9.1 1812 539.6 33.9 1812N 1489.5 18 76.3 4 51.18 17 30.86 27.5 1999 88.40 187/76 2523 17.2
Uflex Ltd. 10 1803 72.2 293 3876 100.9 14.0 2.00 0.6 4.8 1812 1045.1 3.8 1812N 3172.8 13 37.4 -58 44.01 6 9.88 45.4 1504 208.30 382/181 2653 30.9
68 PAINTS/VARNISHES
IND. COMPOSITE 311 26287 3263 60
Akzo Nobel India Ltd 10 1803 45.5 283 2719 400.6 88.0 22.00 0.0 31.1 1812 783.3 60.4 1812N 2212.8 10 140.6 -14 74.75 0 9.37 40.1 7824 1718.10 1993/1471 7743 20.7
Asian Paints Ltd. 1 1803 95.9 81 14168 1894.8 19.8 8.70 0.0 24.3 1812 4536.1 631.0 1812N 12156.5 17 1655.1 18 52.79 12 26.04 207.6 134125 1398.30 1489/1082 134014 62.5
Berger Paints I 1 1803 97.1 22 4724 431.8 4.4 1.80 0.1 20.1 1812 1460.1 119.5 1812N 4162.8 20 351.7 7 74.98 0 14.27 73.8 28578 294.30 349/238 28600 61.8

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 43


Databank Updated Information Updated as on February 22, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(22/02/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Kansai Nerolac Paint 1 1803 53.9 58 4587 516.4 9.6 2.60 0.0 16.5 1812 1350.7 112.7 1812N 4020.5 15 374.5 -9 74.98 0 15.23 51.1 23863 442.80 540/343 23512 49.7
Sirca Paints India 10 1803 18.3 40 89 19.4 10.6 - 0.1 26.7 - - - - - - - - 59.75 0 7.14 0.7 417 228.00 267/138 407 -
69 PAPER
IND. COMPOSITE 746 16042 617 11
Astron Paper & Board 10 1803 46.5 27 253 20.9 4.5 - 0.6 16.6 1812 99.1 6.9 1812N 281.1 60 20.2 29 43.78 0 1.37 20.2 474 101.95 148/94 534 18.7
Ballarpur Ind. 2 1803 258.7 6 303 -311.1 -2.4 - 1.3 - 1812 120.1 -102.1 1812N 337.0 76 -199.8 19 25.05 100 42.17 76.7 466 3.60 16/3 1437 -
Emami Paper Mill 2 1803 12.1 40 1356 16.4 2.7 1.20 5.7 6.7 1812 372.6 5.7 1812N 1162.5 21 43.2 177 74.97 62 6.94 2.5 847 139.95 288/117 2145 19.3
International Paper 10 1803 39.8 142 1264 83.1 20.9 - 0.3 14.7 1812 376.2 57.9 1812N 1051.9 14 140.2 178 74.99 0 4.70 17.5 1812 455.50 591/285 1976 10.5
JK Paper Ltd. 10 1803 178.2 92 2844 260.1 14.6 2.50 0.6 15.8 1812 869.5 120.3 1812N 2449.5 17 325.0 74 48.41 0 9.50 62.2 2347 131.70 194/98 3273 5.9
*Kushal L 2 1803 47.5 4 1007 27.7 1.2 0.82 0.1 27.9 1812 35.4 2.8 1812N 140.8 -82 7.4 -69 65.94 0 0.02 24.0 644 27.15 165/22 657 -
N R Agarwal Indu 10 1803 17.0 129 1213 90.2 53.0 3.00 1.1 41.1 1812 315.8 25.2 1812N 955.0 10 80.5 22 73.31 0 1.88 8.2 478 280.95 616/260 711 4.6
Orient Paper 1 1803 21.2 62 661 49.3 2.3 1.00 0.1 3.7 1812 189.7 20.9 1812N 511.9 7 69.2 107 100.00 0 0.00 46.1 700 33.00 53/25 765 8.2
Satia Industries 10 1803 10.0 223 634 68.7 68.7 2.50 0.7 30.8 1812 173.2 16.5 1812N 539.9 23 59.3 23 51.17 18 41.72 1.0 550 550.00 719/202 701 6.9
Seshasayee Paper 10 1803 12.6 556 1105 122.9 97.4 15.00 0.1 17.5 1812 354.5 50.5 1812N 960.5 26 127.7 62 42.65 0 5.08 12.3 1132 897.10 1328/800 1080 6.6
Shrenik L 2 1803 20.4 5 593 7.9 0.8 0.20 2.2 14.4 - - - - - - - - 73.54 0 0.08 0.5 938 91.95 226/65 1056 -
T Nadu Newsprint 10 1803 69.2 232 3098 -42.2 -6.1 5.00 1.2 - 1812 1103.4 49.7 1812N 3034.4 49 80.9 207 35.31 0 37.71 31.4 1320 190.65 382/185 3251 -
*West Coast Paper 2 1803 13.2 127 1710 223.2 33.8 4.00 0.3 26.6 1812 435.4 67.5 1812N 1398.9 15 240.1 66 56.53 0 17.27 24.1 1572 237.95 415/224 1816 4.9
70 PESTICIDES/AGRO CHEMICALS
IND. COMPOSITE 396 23388 2309 40
*Astec Lifesciences L 10 1803 19.6* 87 368 35.0 17.9 1.50 0.7 20.6 1812 119.4 9.9 1812N 297.1 24 23.0 29 67.33 0 3.23 13.0 959 490.30 783/468 1082 23.9
BayerCropscience 10 1803 34.3 518 2710 300.1 87.4 18.00 0.0 16.9 1812 621.0 27.5 1812N 2556.9 6 317.4 1 68.69 0 19.25 44.4 14742 4293.85 4782/3700 14325 48.4
*Bharat Rasayan 10 1803 4.2 702 795 98.3 231.4 1.50 0.4 33.0 1812 189.6 21.4 1812N 720.0 20 82.1 31 74.82 0 0.21 6.5 1585 3729.65 8395/3352 1708 13.5
Dhanuka Agritech Ltd 2 1803 9.5 133 963 126.2 26.5 5.50 0.0 19.9 1812 216.8 14.6 1812N 813.1 5 85.8 -12 75.25 0 10.09 26.5 1944 408.65 650/358 1938 17.0
Excel Crop Care Ltd. 5 1803 5.5 473 1147 81.3 73.9 8.75 0.0 15.6 1812 232.0 2.5 1812N 1040.4 11 82.7 1 64.96 0 6.90 11.5 3505 3184.40 4800/2850 3506 42.6
Excel Industries 5 1803 6.3 350 582 72.5 57.7 12.50 0.0 16.5 1812 217.2 40.0 1812N 615.3 54 122.0 217 52.37 0 8.50 15.9 1345 1069.85 1907/801 1350 8.6
Insecticides (India) 10 1803 20.7 265 1073 84.0 40.6 2.00 0.2 15.3 1812 215.7 16.9 1812N 993.0 10 93.9 23 68.74 0 16.32 12.2 1275 616.75 801/370 1360 12.6
*Meghmani Organics 1 1803 25.4 27 1238 76.9 3.0 0.40 0.5 11.0 1812 369.8 22.2 1812N 1033.3 8 138.6 113 48.10 0 2.54 109.8 1311 51.55 114/42 1684 8.7
Monsanto India 10 1803 17.3 369 663 164.6 95.3 30.00 0.0 25.8 1812 152.6 39.0 1812N 541.6 5 129.1 16 81.83 0 3.47 16.3 4463 2585.60 3358/2424 4448 24.5
NACL Industries L 1 1803 15.6 15 846 10.7 0.7 0.13 0.9 4.6 1812 195.7 1.5 1812N 687.6 5 7.8 -24 74.53 40 2.02 13.4 449 28.70 47/25 660 -
*PI Industries 1 1803 13.8 139 2277 366.5 26.6 4.00 0.0 19.2 1812 707.5 107.3 1812N 2036.1 23 283.3 8 51.37 0 32.41 35.8 12461 902.80 930/692 12387 32.0
Punjab Chemicals and 10 1803 12.3 67 488 10.4 8.5 - 1.2 12.7 1812 178.7 5.0 1812N 456.9 33 13.0 80 40.03 0 3.46 15.0 797 650.00 755/375 893 39.8
Rallis India 1 1803 19.4 61 1498 141.5 7.3 2.50 0.0 12.0 1812 388.2 22.9 1812N 1353.8 18 117.6 1 50.09 0 23.53 62.2 3007 154.65 249/148 3020 21.0
Sharda Cropchem 10 1803 90.2 118 1477 193.4 21.4 4.00 0.2 18.1 1812 346.7 5.5 1812N 935.3 22 56.1 -32 74.77 0 21.63 17.9 3161 350.35 464/260 3264 19.0
UPL 2 1803 101.9 156 7263 548.0 10.8 8.00 0.1 6.9 1812 2216.0 10.0 1812N 6796.0 21 491.0 -25 27.90 2 51.45 97.2 42123 827.00 833/538 42992 109.7
71 PETROCHEM
IND. COMPOSITE 985 12338 1426 16
Bhansali Engg.Po 1 1803 16.6 16 1032 99.6 6.0 0.30 0.0 38.6 1812 323.4 10.0 1812N 875.1 20 43.6 -39 55.00 0 4.59 58.6 1000 60.30 224/57 968 13.9
*GujaratStatePetronet 10 1803 564.0* 90 1332 668.4 11.9 1.75 0.3 13.2 1812 453.8 173.6 1812N 1443.4 41 641.3 25 37.64 0 37.44 124.4 8933 158.40 210/149 10328 11.2
INEOS Styrolution 10 1803 17.6 367 1895 66.2 37.7 4.00 0.2 10.3 1812 445.5 -22.8 1812N 1608.4 16 1.1 -97 74.99 0 6.66 14.6 908 516.15 960/485 971 27.2
*Manali Petrochem 5 1803 86.0 22 645 54.9 3.2 0.50 0.0 14.2 1812 177.6 11.5 1812N 538.3 18 44.2 55 44.81 0 2.04 107.2 410 23.85 56/21 420 5.8
NOCIL Ltd. 10 1803 165.4 63 968 168.6 10.2 2.50 0.0 16.2 1812 261.2 44.6 1812N 801.3 16 148.3 26 33.77 18 10.99 136.1 2088 126.25 233/116 2060 10.5
Savita Oil Tech 10 1803 14.3 518 1783 126.2 88.1 2.50 0.0 17.0 1812 602.0 44.5 1812N 1715.7 30 80.9 -6 71.63 0 15.47 7.9 1418 990.05 1523/874 1395 11.7
Sheela Foam 5 1803 24.4 112 1657 125.9 25.8 - 0.0 23.1 1812 487.2 34.5 1812N 1362.7 13 90.0 -4 85.67 0 11.71 6.9 6317 1295.00 1818/1230 6173 51.9
Supreme Petroche 10 1803 96.5 67 3027 116.1 12.0 4.50 0.0 18.0 1812 771.9 -17.6 1812N 2371.8 11 10.3 -86 62.31 0 2.85 40.0 2026 209.95 366/179 1898 39.4
72 PHARMACEUTICALS
IND. COMPOSITE 2579 129611 18983 29
*Aarti Drugs Ltd 10 1803 23.6 184 1140 73.4 31.1 1.00 1.1 16.9 1812 350.6 21.1 1812N 1021.7 24 61.6 22 62.30 0 5.39 18.8 1395 591.60 682/495 1874 16.5
*Abbott India Ltd. 10 1803 21.2 797 3299 401.2 188.8 55.00 0.0 23.7 1812 947.6 117.1 1812N 2772.3 10 337.1 12 74.98 0 9.06 25.9 15357 7227.05 8834/5300 14326 35.1
Ajanta Pharma Lt 2 1803 17.6 219 1825 427.5 48.6 - 0.0 22.1 1812 451.9 95.5 1812N 1359.1 -1 350.4 0 70.46 13 19.37 37.2 8665 984.35 1460/898 8626 20.2
Alembic Ltd. 2 1803 51.4 17 126 41.8 1.6 0.20 0.0 9.3 1812 24.3 3.2 1812N 102.4 11 39.5 6 64.01 0 6.78 62.0 1058 41.20 64/36 1057 24.0
Alembic Pharmaceutic 2 1803 37.7 116 2945 422.0 22.4 4.00 0.3 19.2 1812 904.7 138.5 1812N 2811.6 33 503.6 81 72.96 0 15.04 42.1 9895 524.90 664/412 10501 15.3
*Alkem Laboratories 2 1803 23.9 409 5300 715.8 59.9 13.00 0.1 14.7 1812 1536.0 241.2 1812N 4246.3 3 609.0 -7 65.97 0 7.57 70.4 21415 1791.10 2272/1742 21685 32.0
Amrutanjan Health Ca 1 1803 2.9 44 223 20.0 6.8 1.95 0.0 15.5 1812 70.3 5.3 1812N 168.1 11 10.2 -27 50.02 0 9.57 18.9 874 299.10 360/235 840 54.8
AstraZeneca Pharma I 2 1803 5.0 99 571 25.9 10.4 - 0.0 10.5 1812 215.2 29.1 1812N 538.0 28 44.6 97 75.00 0 5.94 13.8 4678 1871.00 1960/920 4552 97.8
Aurobindo Pharma 1 1803 58.6 170 10270 1812.8 30.9 2.50 0.4 18.1 1812 3248.1 463.5 1812N 8977.3 13 1069.6 -29 51.87 2 34.50 188.1 42742 729.50 830/527 46150 31.0
Biocon 5 1803 300.0 112 2419 238.5 4.0 0.33 0.0 3.5 1812 739.7 72.7 1812N 2120.8 20 422.2 153 60.66 0 22.06 154.7 37245 620.75 718/544 37115 75.4
Bliss GVS Pharma 1 1803 10.3 52 298 57.0 5.5 1.00 0.2 10.5 1812 95.6 11.7 1812N 320.4 49 69.8 90 50.46 0 18.48 15.7 1835 177.95 225/125 1853 20.4
Cadila Healthcar 1 1803 102.4 76 5810 1090.8 10.7 3.50 0.3 14.1 1812 1675.5 363.3 1812N 4824.9 11 1340.0 58 100.00 0 0.00 120.8 32197 314.50 432/306 34665 20.3
Caplin Point Lab 2 1803 15.1* 39 427 102.3 13.5 2.00 0.0 35.0 1812 139.8 36.9 1812N 412.6 26 107.8 34 69.04 0 7.10 26.1 2677 354.00 630/305 2649 20.7
Cipla 2 1803 161.1* 17511390 1468.5 18.2 3.00 0.0 10.4 1812 2835.2 295.3 1812N 8917.5 2 1254.3 1 36.67 0 39.56 219.7 43648 541.75 678/484 43595 29.5
DIL 5 1803 4.6* 71 13 -24.2 -26.3 1.25 2.1 - 1812 4.9 -4.0 1812N 14.3 84 -21.6 -57 62.59 0 0.12 4.9 752 819.90XB 1125/623 888 -
Dishman Carbogen Amc 2 1803 32.3 297 474 37.1 2.3 - 0.1 0.8 1812 121.4 -3.1 1812N 356.0 12 27.1 6 61.40 0 20.44 54.4 3035 188.05 387/180 3550 78.6
Divi’s Lab 2 1803 53.1 224 3816 869.6 32.8 10.00 0.0 14.6 1812 1342.9 379.5 1812N 3623.2 32 1043.3 72 52.01 0 34.96 77.8 41547 1565.05 1698/981 41519 31.8
Dr. Reddy’s Labs 5 1803 83.0 711 9359 566.9 34.1 20.00 0.2 4.8 1812 2731.7 399.4 1812N 7980.3 16 1074.5 175 26.77 0 45.67 122.6 43797 2637.40 2875/1888 46265 35.0
Eris Lifesciences 1 1803 13.8 63 761 293.7 21.4 - 0.3 33.8 1812 230.8 78.9 1812N 698.1 23 233.0 -1 56.04 0 19.76 31.0 8402 611.00 896/572 8667 28.9
*FDC Ltd. 1 1803 17.4 72 1062 168.3 9.7 - 0.0 13.3 1812 252.3 43.7 1812N 806.1 2 137.9 1 69.07 0 14.05 27.3 2718 155.85 319/148 2698 16.0
GlaxoSmithKline Phar 10 1803 169.4* 123 2872 352.0 20.8 35.00 0.0 16.9 1812 825.4 113.0 1812N 2377.3 11 302.3 23 74.99 0 12.48 98.2 22756 1343.30XB 1812/1020 21477 55.8
*Glenmark Pharma 1 1803 28.2 368 6432 1014.3 35.9 2.00 0.3 9.8 1812 1632.0 195.9 1812N 4717.6 -1 1340.8 69 46.54 0 39.19 123.9 16709 592.15 712/484 19512 10.7
Granules India L 1 1803 25.4 50 1647 139.2 5.5 1.00 0.7 10.9 1812 581.2 40.1 1812N 1537.4 31 120.5 15 44.87 60 12.75 116.6 2391 94.05 123/72 3252 15.5
Gufic BioSciences Lt 1 1803 7.8 7 301 16.0 2.1 0.05 1.4 29.9 1812 87.7 5.9 1812N 258.9 16 15.8 5 65.75 0 9.93 17.3 567 72.80 164/65 637 29.8
Hester Biosciences L 10 1803 8.5 172 135 30.6 35.9 10.00 0.3 20.9 1812 41.6 11.9 1812N 122.4 25 31.5 46 54.09 0 2.40 8.8 1151 1353.20 1825/1040 1178 28.4
Hikal Ltd. 2 1803 24.7* 43 1296 77.2 6.3 1.20 0.9 12.6 1812 411.7 29.4 1812N 1132.1 25 69.8 34 67.20 0 6.25 30.5 1805 146.35XB 207/135 2351 19.0
Indoco Remedies 2 1803 18.4 73 1038 41.2 4.5 1.00 0.3 6.1 1812 262.6 5.3 1812N 715.7 -7 -14.5 -170 58.83 0 16.20 15.7 1599 173.50 266/150 1820 -
IOL Chemicals and Ph 10 1803 56.2 38 983 27.7 4.9 - 1.8 12.8 1812 478.3 82.2 1812N 1263.0 82 135.1 733 41.18 0 0.25 24.4 1102 196.10 225/70 1476 7.5
Ipca Laboratorie 2 1803 25.3 213 3193 233.1 18.4 1.00 0.2 8.6 1812 947.6 160.2 1812N 2799.3 15 345.4 90 46.07 0 40.55 59.9 10019 792.95 828/590 10361 25.3

44 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(22/02/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
*J B Chemicals & Phar 2 1803 16.0 181 1255 128.0 16.0 2.00 0.0 8.8 1812 352.1 46.4 1812N 1122.4 20 139.9 32 56.06 0 21.28 33.7 2639 328.90 351/236 2653 16.3
Jubilant Life Scienc 1 1803 15.9 141 3306 263.4 16.5 3.00 0.6 11.7 1812 859.6 36.7 1812N 2573.5 10 140.2 -21 50.67 0 29.36 41.9 12017 754.45 1004/617 13229 53.0
Laurus Labs 10 1803 106.4 142 2027 173.1 16.3 1.50 0.6 11.4 1812 512.8 17.5 1812N 1618.5 9 51.0 -60 33.49 31 46.37 46.5 3577 336.05 548/324 4444 36.7
Lupin Ltd. 2 1803 90.5* 34910081 1344.7 29.7 5.00 0.0 8.5 1812 3092.8 141.8 1812N 8384.5 10 996.0 -5 46.98 0 38.56 314.3 35149 776.85 986/724 35050 27.3
Marksans Pharma 1 1803 40.9 10 295 12.4 0.3 0.05 0.2 2.9 1812 125.2 11.8 1812N 333.0 60 38.0 369 48.24 0 4.09 128.9 997 24.35 41/22 1062 23.5
*Medicamen Biotec 10 1803 11.7 64 112 10.1 8.6 1.00 0.2 13.6 1812 24.1 2.4 1812N 89.3 9 9.2 11 44.52 0 0.48 4.8 475 406.30 765/390 467 43.0
Merck Ltd. 10 1712 16.6 442 1104 93.9 56.6 15.00 0.0 12.8 1809 226.1 52.3 1809N 644.6 -19 123.4 85 51.81 0 10.95 31.2 4822 2904.90 3549/1423 4544 32.0
Morepen Labs.Lt 2 1803 90.0 6 561 26.1 0.6 - 0.5 10.4 1812 198.3 9.7 1812N 511.2 27 19.4 -12 34.54 0 14.74 137.7 805 17.90 41/15 922 -
Natco Pharma 2 1803 36.8 170 2091 698.2 38.0 8.25 0.1 22.3 1812 531.9 162.0 1812N 1570.0 15 543.7 35 48.42 0 29.90 71.9 10820 588.15 849/565 10821 12.9
Neuland Laborat 10 1803 12.8 193 527 11.8 9.2 - 1.2 4.8 1812 171.5 4.6 1812N 494.2 38 9.4 54 36.04 4 37.64 11.0 826 643.55 828/431 1111 47.3
Novartis 5 1803 12.3 297 564 78.4 31.7 10.00 0.0 10.7 1812 135.6 12.9 1812N 380.3 -13 32.2 -38 100.00 0 0.00 41.2 1666 674.65 980/590 891 28.4
*Panacea Biotec L 1 1803 6.1 62 577 -71.9 -11.7 - 2.0 - 1812 113.8 -23.0 1812N 327.5 -20 -157.3 -148 73.59 36 1.45 11.1 1092 178.35 354/138 1845 -
Pfizer Ltd. 10 1803 45.7 587 1969 360.1 78.7 20.00 0.0 13.4 1812 513.8 131.9 1812N 1545.8 7 319.6 25 63.92 0 15.96 79.1 13718 2998.60 3840/2051 11949 32.3
Piramal Enterprises 2 1803 36.8* 11593289 518.5 28.2 25.00 0.6 2.4 1812 890.4 -67.5 1812N 2658.8 16 -799.8 -393 49.98 0 31.75 121.9 42370 2302.20 3303/1797 53806 -
Sanofi India 10 1712 23.0 869 2491 326.0 141.6 18.00 0.0 16.3 1809 743.8 119.2 1809N 2044.4 12 301.3 21 60.39 0 29.06 21.9 13763 5975.95 6840/4706 13033 36.5
Sequent Scientific 2 1803 48.7 39 106 406.4 16.7 0.20 0.0 42.8 1812 48.1 0.9 1812N 110.7 40 6.2 -54 57.40 45 13.46 17.8 1611 66.10 94/42 1608 4.1
Shilpa Medicare L 1 1803 8.2 142 741 133.2 16.3 0.70 0.1 11.5 1812 157.2 15.7 1812N 492.9 -6 107.4 9 53.80 10 32.34 16.6 2864 351.30 547/335 2952 20.2
SMS Pharmaceuticals 1 1803 8.5 36 463 40.5 4.8 0.20 0.4 13.4 1812 101.3 12.2 1812N 361.2 -1 34.9 13 67.26 11 0.02 16.4 570 67.35 91/55 687 12.8
*Solara Active Pharma 10 1803 24.7 312 560 2.0 0.7 - 0.7 0.3 1812 347.9 24.4 1812N 987.2 - 34.9 - 37.90 8 25.30 65.7 920 373.00 407/134 1446 -
Strides Pharma Scien 10 1803 89.5 353 1470 891.6 99.6 2.00 0.2 28.2 1812 414.7 15.3 1812N 1102.9 7 11.6 -91 30.78 29 47.60 82.3 3755 419.35 728/334 4280 4.9
*Sun Pharma. 1 1803 239.9* 82 7924 -494.6 -2.1 2.00 0.3 - 1812 2261.3 -38.7 1812N 7751.1 37 -251.5 63 54.38 8 32.51 646.7 103267 430.40 679/375 109891 -
Suven Life Sciences 1 1803 12.7 68 625 158.4 12.4 1.50 0.0 18.3 1812 129.0 25.2 1812N 410.2 -0 82.1 -14 60.00 0 8.47 65.7 2995 235.30 338/163 3007 20.7
Torrent Pharmac 5 1803 84.6 269 4248 482.0 28.5 14.00 1.1 10.6 1812 1481.0 182.0 1812N 4405.0 51 581.0 122 71.24 0 19.01 37.6 29864 1764.75 1960/1224 34958 37.3
*TTK Healthcare Ltd. 10 1803 14.1 162 578 18.2 12.9 5.00 0.2 7.8 1812 149.0 4.9 1812N 488.3 13 19.4 91 74.56 0 4.63 12.7 922 652.50 1350/610 833 33.6
Unichem Labs 2 1803 14.1 392 669 2556.6 363.2 5.00 0.0 92.6 1812 244.8 4.3 1812N 692.1 50 -1.1 -100 50.64 0 8.37 41.4 1345 191.15 354/182 672 -
Wockhardt Ltd. 5 1803 55.3 117 2477 68.7 6.2 - 0.9 5.3 1812 508.6 -38.4 1812N 1682.6 8 -48.4 53 74.07 1 8.55 111.2 4355 393.45 853/375 5298 35.1
Zota Healthcare 10 1803 17.5 40 78 7.3 4.1 3.00 0.0 10.4 - - - - - - - - 65.95 0 0.00 2.1 459 261.45 292/203 456 -
73 PLANTATIONS - TEA AND COFFEE
IND. COMPOSITE 196 7281 768 23
Bombay Burmah 2 1803 14.0 42 208 -25.8 -3.7 1.00 1.2 - 1812 54.9 -11.6 1812N 172.4 9 -26.4 -97 65.92 5 6.69 28.8 8363 1198.60 2114/1082 8696 -
*CCL Products India 2 1803 26.6 45 823 97.8 7.3 2.50 0.5 16.4 1812 181.0 23.8 1812N 613.4 2 76.1 2 45.27 0 29.76 18.5 3697 277.90 320/225 3997 37.1
Goodricke Group 10 1803 21.6 142 731 31.7 14.7 4.50 0.0 10.3 1812 274.0 6.0 1812N 636.6 5 66.3 -24 74.00 0 0.00 14.8 480 222.20 394/205 481 43.0
*McLeod Russel 5 1803 52.2 173 1596 67.3 6.4 0.50 0.5 3.7 1812 465.2 53.6 1812N 1134.2 -7 314.0 50 100.00 38 0.00 55.9 939 89.85 175/83 1775 5.5
Tata Coffee Ltd. 1 1803 18.7 49 705 62.8 3.4 1.50 0.1 6.8 1812 165.2 15.9 1812N 501.7 -3 59.4 1 100.00 0 0.00 97.4 1570 84.05 137/81 1638 24.8
Tata Global Beverage 1 1803 63.1 67 3217 534.3 8.5 2.50 0.0 12.7 1812 889.7 89.7 1812N 2645.6 6 357.7 -26 34.45 4 38.96 202.0 11976 189.75 300/178 11525 29.2
74 PLASTICS - OTHERS
IND. COMPOSITE 389 16763 1345 32
*Astral Poly Technik 1 1803 12.0 79 1610 119.0 9.9 0.60 0.1 12.5 1812 443.7 41.6 1812N 1225.7 11 99.3 32 58.48 0 27.16 21.0 13200 1101.75 1210/742 13235 92.2
Finolex Industri 10 1803 124.1 223 2738 298.5 24.1 10.00 0.0 10.8 1812 756.6 78.7 1812N 2127.1 5 258.4 46 52.47 0 12.80 125.1 5687 458.30 713/440 5765 15.0
Kingfa Science & Tec 10 1803 12.1 252 602 24.6 20.3 - 0.1 8.1 1812 163.4 5.3 1812N 520.6 21 6.6 -61 74.99 0 6.55 8.5 750 619.15 1300/550 700 52.0
Mayur Uniquoters 5 1803 22.7 100 552 94.1 20.8 1.40 0.0 20.8 1812 160.8 21.8 1812N 449.7 8 67.4 -4 61.27 0 21.12 18.4 1534 338.45 532/337 1510 16.8
Mold-Tek Packaging 5 1803 13.8 65 339 31.7 11.4 4.00 0.4 17.5 1812 95.9 8.7 1812N 293.2 18 26.1 9 35.55 11 23.06 17.4 631 227.95 373/202 710 18.7
Multibase India Ltd. 10 1803 12.6 66 109 19.6 15.5 - 0.0 23.3 1812 28.5 3.0 1812N 88.3 9 11.4 -22 74.99 0 0.99 9.2 479 379.45 720/335 426 29.4
Nilkamal Ltd. 10 1803 14.9 534 2071 117.1 78.5 13.00 0.1 14.7 1812 563.9 27.5 1812N 1749.4 19 83.1 -0 63.96 0 15.87 25.6 1862 1247.95 2133/1230 1944 15.9
*Plastiblends Ind 5 1803 13.0 95 568 27.3 10.5 1.25 0.5 11.0 1812 151.4 5.7 1812N 462.6 11 22.2 65 62.66 0 2.90 10.4 442 170.10 265/161 553 12.2
*Responsive Industrie 1 1803 26.7 23 1083 13.1 0.5 0.10 0.3 2.1 1812 116.1 5.1 1812N 552.1 -35 39.7 330 50.13 0 8.16 2.2 2424 90.80 106/37 2565 55.6
*Shaily Engineering P 10 1803 8.3 149 318 23.9 28.7 7.50 0.7 19.2 1812 85.5 4.3 1812N 261.0 15 15.8 -6 51.06 0 12.94 4.7 597 717.10 1520/651 678 26.0
Sintex Plastics Tech 1 1803 63.1 11 14 3.2 0.1 - 0.0 0.5 1812 0.0 0.8 1812N 0.0 - 4.7 83 33.74 71 17.03 285.4 1193 18.90 68/17 904 -
Supreme Inds. 2 1803 25.4 136 4966 409.6 32.2 12.00 0.1 23.6 1812 1410.3 89.0 1812N 4072.0 17 348.0 43 49.70 0 29.77 37.9 13119 1032.75 1434/936 13318 25.5
VIP Indus. 2 1803 28.3 33 1410 118.6 8.4 3.00 0.0 25.1 1812 430.1 19.6 1812N 1349.7 29 110.5 28 53.45 0 18.59 76.7 6070 429.50 645/287 6049 42.5
Wim Plast Ltd 10 1803 12.0 247 384 44.7 37.2 7.00 0.0 15.0 1812 83.5 8.1 1812N 251.5 -9 26.0 -12 69.89 0 10.10 7.0 630 524.60 1260/512 623 15.3
75 POWER - GENERATION/DISTRIBUTION
IND. COMPOSITE 44413 174960 15601 9
Adani Green Energy 10 1803 1564.0 9 98 -28.6 -0.2 - 2.2 - 1812 21.3 -15.3 1812N 106.6 -93 -42.9 -1198 86.49 37 10.68 82.8 5114 32.70 78/23 7938 -
Adani Power Ltd. 10 1803 3856.9 25 8249 -23.8 -0.1 - 1.0 - 1812 116.2 -120.7 1812N 2373.9 -71 -162.4 -131 74.97 29 20.03 298.5 15370 39.85 58/15 24691 -
BF Utilities Ltd. 5 1803 18.8 27 15 15.8 4.2 - 0.5 15.7 1812 3.4 18.8 1812N 15.7 40 28.2 93 55.97 0 1.02 48.0 659 175.00 463/148 682 22.5
CESC Ltd. 10 1803 132.6 713 7786 861.7 65.0 12.00 0.5 9.1 1812 1707.0 173.0 1812N 6092.0 2 628.0 8 49.91 0 36.74 60.0 8926 673.35 1093/631 13164 9.7
*Guj. Industries 10 1803 151.3 163 1364 244.5 16.2 2.70 0.2 9.9 1812 352.5 74.1 1812N 1043.2 5 13.6 -92 55.69 0 18.13 53.0 1061 70.15 119/68 1533 12.8
*GVK Power & Infrastr 1 1803 157.9 11 17 -36.1 -0.2 - 0.3 - 1812 3.2 16.1 1812N 9.4 -30 44.6 175 54.25 0 5.16 269.6 1165 7.38 18/5 1602 -
*India Power Corp 1 1803 97.4 11 481 21.3 0.2 0.05 0.5 2.0 1812 124.5 1.8 1812N 405.3 27 10.3 -1 59.49 67 0.12 3.8 1232 12.65 31/9 1801 -
Jaiprakash Power Ven 10 1803 5996.0 16 3381 -527.3 -0.9 - 1.0 - 1812 924.4 -95.9 1812N 2961.4 10 -133.6 64 29.84 87 50.38 301.2 1157 1.93 7/1 10376 -
JSW Energy Ltd. 10 1803 1641.0* 60 4212 -444.3 -2.7 - 0.3 - 1812 1497.0 114.0 1812N 4007.2 25 223.9 28 74.95 53 14.63 131.3 10798 65.80 86/56 13270 -
*NHPC 10 1803 10045.0 28 6934 2758.7 2.7 1.40 0.6 9.8 1812 1571.4 182.2 1812N 6195.4 7 2138.3 -17 73.82 0 15.99 689.7 23656 23.55 30/22 39192 10.2
NLC India L 10 1803 1386.6 95 8490 1848.8 13.3 4.50 0.6 14.0 1812 1873.8 329.5 1812N 5243.6 -12 976.8 2 82.79 0 10.07 91.8 8944 64.50 102/61 16173 4.8
NTPC 10 1803 8245.5 123 83453 10343.2 12.5 5.12 1.1 10.2 1812 24120.4 2385.4 1812N 69085.0 14 7399.6 -0 58.93 0 37.75 550.2 115189 139.70CB 180/128 226409 11.2
PTC India 10 1803 296.0 109 18189 319.2 10.8 4.00 0.2 9.9 1812 2922.3 51.3 1812N 10844.4 -24 208.5 -18 16.21 0 61.46 139.4 2299 77.65 103/65 2656 8.4
RattanIndia Power 10 1803 2952.9 16 2015 -418.4 -1.4 - 1.4 - 1812 315.2 -188.6 1812N 1622.7 19 -2598.6 -527 53.08 96 17.75 157.4 833 2.82 6/3 7238 -
*Ravindra Energy Ltd. 10 1803 122.1 17 47 3.9 0.3 - 0.0 1.8 1812 81.7 4.7 1812N 115.2 167 12.2 -8 100.00 0 0.00 69.5 490 40.10 51/17 487 -
Reliance Infrastruct 10 1803 263.0 836 8970 1664.4 63.3 9.50 0.4 7.6 1812 210.7 374.3 1812N 658.1 -91 750.9 -44 48.35 84 37.53 790.1 3506 133.30 489/99 10925 2.8
Reliance Power L 10 1803 2805.1 63 44 2.3 0.0 - 0.4 0.0 1812 4.7 -95.5 1812N 37.1 -6 -94.2 -242 74.98 83 10.64 3111.6 3184 11.35 47/9 9875 -
*SJVN Ltd. 10 1803 3929.8 27 2230 1224.9 3.1 2.10 0.2 11.4 1812 484.5 181.9 1812N 1850.6 -1 905.4 -17 89.53 0 6.31 93.9 9707 24.70 36/24 8129 9.3
Tata Power Co. 1 1803 270.5 48 7537 -3150.5 -11.6 1.30 1.1 - 1812 1998.9 255.6 1812N 5763.0 1 1654.7 109 32.99 4 51.58 321.8 18149 67.10 90/60 32041 -
Torrent Power Ltd. 10 1803 480.6 160 11449 921.7 19.2 5.00 1.1 12.0 1812 3217.8 239.4 1812N 10084.3 16 862.5 22 53.56 0 23.91 118.4 11194 232.90 283/212 19426 10.4
76 POWER - TRANSMISSION/EQUIPMENT
IND. COMPOSITE 6542 51675 9275 13
Adani Transmission L 10 1803 1099.8 18 835 -24.6 -0.2 - 4.5 - 1812 240.4 -6.5 1812N 572.6 -6 47.3 197 74.91 44 23.06 44.5 23459 213.30 256/115 32010 -

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 45


Databank Updated Information Updated as on February 22, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(22/02/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
GE Power India 10 1803 67.2 124 1338 26.6 4.0 3.00 0.0 3.2 1812 551.6 41.1 1812N 1558.1 60 48.8 295 68.57 0 17.62 34.3 5089 756.95 974/666 4035 50.7
*GE T&D India 2 1803 51.2 46 4332 208.8 8.2 1.80 0.1 17.5 1812 1167.8 53.0 1812N 3323.5 -6 186.6 3 74.99 0 17.09 37.5 7663 299.30 420/219 7231 35.7
Kalpataru Power 2 1803 30.7 181 5741 322.0 21.0 2.50 0.2 11.6 1812 1724.7 92.0 1812N 4623.7 21 264.4 22 59.32 44 29.10 26.0 5413 352.70 513/269 5972 14.7
KEC International Lt 2 1803 51.4 79 9037 430.0 16.7 2.40 0.6 21.1 1812 2468.5 114.5 1812N 6548.8 15 286.2 14 51.28 0 31.53 92.7 6129 238.40 443/230 7208 13.2
*Power Grid Corpo 10 1803 5231.6 104 29752 8239.0 15.7 5.25 2.3 15.1 1812 8471.2 2331.2 1812N 24881.3 13 6881.2 10 56.33 0 39.27 569.3 95163 181.90 217/173 216413 10.7
Voltamp Transformers 10 1803 10.1 613 639 73.5 72.6 15.00 0.0 11.8 1812 215.2 22.2 1812N 570.0 36 52.7 -1 48.42 0 34.92 15.5 1029 1017.30 1280/735 1021 14.1
77 PROJECT CONSULTANCY/TU RNKEY
IND. COMPOSITE 1548 5248 803 17
*Engineers India 5 1803 316.0 36 1788 377.9 6.0 4.00 0.0 16.7 1812 577.0 90.8 1812N 1831.7 43 275.2 -11 52.01 0 32.95 184.1 6705 106.10 177/100 4224 19.5
Power Mech Projects 10 1803 14.7 463 1310 65.9 44.8 1.00 0.4 9.7 1812 457.6 27.1 1812N 1169.5 30 66.8 55 63.18 0 13.53 11.7 1243 844.75 1084/775 1432 13.8
Prozone Intu Propert 2 1803 30.5 68 7 2.3 0.1 - 0.0 0.2 1812 2.6 0.3 1812N 5.9 15 0.9 -39 30.92 0 7.83 32.3 420 27.55 60/26 432 -
Reliance Ind.Inf 10 1803 15.1 214 89 9.7 6.5 3.50 0.0 3.0 1812 21.2 1.9 1812N 63.7 -2 5.9 -18 45.43 0 0.50 76.0 423 279.95 496/261 421 50.0
Rites Ltd. 10 1803 200.0 110 1439 336.8 16.8 5.50 0.0 15.4 1812 511.4 117.5 1812N 1254.7 41 312.8 23 87.40 0 6.44 53.9 4334 216.70 327/190 765 10.9
Shriram EPC Ltd. 10 1803 971.5 13 615 10.8 0.1 - 0.6 0.9 1812 188.5 1.5 1812N 422.1 -14 26.3 166 28.75 64 67.15 20.4 772 7.95 33/7 1507 -
78 REFINERIES
IND. COMPOSITE 22957 1282604 74622 14
Adani Gas 1 1803 110.0 7 1301 172.9 1.6 - 0.3 23.3 1812 457.3 45.5 1812N 1253.1 35 153.0 26 74.80 0 21.68 82.3 11202 101.85 115/70 11487 57.2
*Bharat Petroleum 10 1803 2169.3 158236313 7919.3 36.5 21.67 0.7 23.1 1812 79168.8 495.1 1812N223157.4 30 4007.1 -24 53.93 0 30.49 187.4 74807 344.85 467/239 97570 11.2
Chennai Petro. 10 1803 148.9 259 32527 912.9 61.3 18.50 0.7 23.7 1812 9865.8 -367.1 1812N 31390.8 38 -184.0 -125 67.28 0 21.94 69.6 3190 214.25 383/198 5571 -
Hind. Petrol 10 1803 1523.8 157219333 6357.1 41.7 20.00 0.8 26.5 1812 72111.8 247.6 1812N207259.3 31 3058.7 -34 0.00 0 36.78 258.7 35109 230.40 395/163 53508 7.3
Indian Oil Corp 10 1803 9414.2 117424039 21346.1 22.7 21.00 0.5 19.4 1812139968.9 716.8 1812N401478.6 31 10794.9 -33 53.87 0 18.75 470.3 128221 136.20 206/106 183665 8.0
Mangalore Refine 10 1803 1752.6 63 48451 2224.1 12.7 3.00 0.4 20.2 1812 17860.6 -267.7 1812N 46909.7 40 13.1 -99 88.58 0 4.87 336.1 11024 62.90 124/60 14768 19.9
*PetronetLNG 10 1803 1500.0 65 30599 2077.8 13.9 1.25 0.1 21.4 1812 10097.7 565.3 1812N 30012.2 37 1715.2 10 49.99 0 35.47 314.9 32363 215.75 252/202 32233 14.5
Reliance Inds. 10 1803 6338.7* 49629004233612.0 53.0 5.50 0.3 10.7 1812100096.0 8928.0 1812N287422.0 40 26607.0 7 46.16 0 35.52 2277.2 781304 1232.60 1329/881 875408 22.1
79 RETAIL
IND. COMPOSITE 1839 58090 1256 113
Aditya Birla Fashion 10 1803 771.8* 14 7172 117.8 1.5 - 1.6 10.8 1812 2281.6 70.3 1812N 6202.4 14 118.6 2272 59.23 0 28.33 155.7 17002 220.30 224/132 18687 73.4
Avenue Supermarts 10 1803 624.1 74 15009 784.7 12.6 - 0.1 16.9 1812 5450.9 257.1 1812N 14882.9 33 733.5 19 81.20 0 8.94 192.7 92670 1484.90 1696/1127 92367 102.9
Future Enterprises 2 1803 90.8 86 4185 -12.2 -0.3 - 1.4 - 1812 1112.9 1.1 1812N 3344.6 3 -22.3 -165 50.19 75 4.33 55.7 1522 33.50 51/30 7147 -
Future Lifestyle 2 1803 38.9 72 4219 110.5 5.7 1.20 0.5 7.9 1812 1616.1 55.1 1812N 4106.1 27 108.9 29 53.47 20 31.65 37.9 8352 429.25 481/359 9029 61.9
Future Retail L 2 1803 100.5 62 18478 11.3 0.2 - 0.4 0.4 1812 5301.1 201.4 1812N 14768.3 7 529.6 10 46.50 47 30.34 53.8 21423 426.25 639/415 22465 324.5
Praxis Home Retail L 5 1803 12.3 28 381 -2.0 -0.8 - 0.1 - 1812 183.2 0.5 1812N 525.1 118 -1.9 -157 56.83 2 12.45 31.7 414 168.05 301/143 411 -
*Shoppers Stop 5 1803 44.0 108 3591 11.6 1.3 0.75 0.0 1.2 1812 999.1 44.3 1812N 2690.2 -2 67.3 833 63.67 13 24.67 12.2 4326 491.65 690/455 4368 49.1
SORIL Infra Resource 10 1803 31.5 2 165 17.8 5.7 - 234.1 347.1 1812 37.6 1.5 1812N 105.0 -9 9.2 6 64.70 0 13.37 13.9 760 241.25 889/189 1046 41.4
*Spencer’s Retail 5 1803 39.8* 74 1043 -9.1 -1.0 - 0.0 - 1812 573.5 1.5 1812N 1663.7 209 5.2 304 - 0 0.00 - 1159 145.70 230/121 1060 -
Trent Ltd. 1 1803 33.2 49 2066 116.7 3.5 1.15 0.2 7.2 1812 656.5 40.3 1812N 1863.0 21 111.5 6 32.61 0 38.87 47.7 10908 328.25 392/295 11269 88.5
V Mart Retail 10 1803 18.1* 192 1222 77.7 42.9 2.00 0.0 22.4 1812 465.8 41.7 1812N 1089.2 18 62.5 1 53.95 0 34.67 21.0 4606 2540.35 3298/1535 4586 58.7
V2 Retail 10 1803 34.1 79 559 31.1 9.1 - 0.0 11.5 1812 241.1 23.6 1812N 584.5 35 16.3 -40 51.13 71 13.70 23.2 876 257.15 490/230 871 43.8
80 RUBBER
IND. COMPOSITE 10 526 39 17
Apcotex Industries L 5 1803 10.4 119 526 38.6 18.6 6.00 0.1 15.7 1812 164.1 10.0 1812N 473.9 19 31.3 16 57.92 0 0.62 21.1 970 467.50 669/429 954 22.3
81 SERVICES - OTHERS
IND. COMPOSITE 595 13404 1154 32
BLS International Se 1 1803 10.2 2 41 10.6 1.0 0.04 0.2 41.8 1812 11.7 1.6 1812N 39.8 29 12.1 38 74.24 0 2.93 21.0 1018 99.40 202/91 1017 73.3
*CARE Ratings 10 1803 29.5 203 322 161.0 54.7 55.00 0.0 26.9 1812 64.9 28.4 1812N 215.9 -5 100.4 -17 0.00 0 67.53 48.5 2816 955.85 1440/923 2792 20.1
*Central Depository 10 1803 104.5 48 154 77.7 7.4 3.50 0.0 15.5 1812 37.5 21.5 1812N 114.9 2 59.9 3 24.00 0 48.67 141.2 2196 210.10 326/205 2165 27.6
*Crisil 1 U1812 7.2* 151 1182 277.5 38.5 40.00 0.0 25.5 1812 317.9 93.8 - - -1 - - 67.57 0 17.62 28.1 11098 1537.80 2015/1259 11054 40.0
Hinduja Ventures 10 1803 20.6 522 225 104.1 50.6 17.50 0.5 9.7 1812 10.2 -35.1 1812N 36.9 -78 -69.4 -178 100.00 0 0.00 9.3 685 333.10 890/310 1192 -
Just Dial 10 1803 64.7 151 782 143.2 22.1 - 0.0 14.7 1812 226.8 57.3 1812N 659.2 13 144.3 38 33.89 2 51.60 44.3 3242 501.30 638/358 3184 17.7
MT Educare Ltd. 10 1803 72.2 29 181 -121.5 -16.8 - 0.7 - 1812 41.3 2.1 1812N 142.0 -6 0.3 100 82.70 18 0.17 13.6 427 59.10 75/40 370 -
Quess Corp 10 1803 146.1 162 4411 259.3 17.7 - 0.3 11.0 1812 1427.0 57.2 1812N 4078.9 31 158.4 -29 71.41 0 19.72 42.9 9985 683.50 1300/581 10068 48.1
*S Chand & Company 5 1803 17.5 246 344 50.8 14.5 1.50 0.1 5.9 1812 2.8 -32.0 1812N 34.7 -63 -64.0 -168 46.68 0 20.55 50.5 629 179.95 470/177 642 59.1
Security and Intelli 10 1803 73.3 83 2135 73.0 10.0 3.50 0.3 12.0 1812 658.8 37.5 1812N 1827.0 16 80.9 60 75.35 0 13.41 10.7 5649 770.50 1405/727 5737 54.7
TeamLease Service 10 1803 17.1 253 3441 72.6 42.4 - 0.0 16.8 1812 1090.4 25.3 1812N 3050.9 20 69.9 33 40.77 0 49.98 7.0 5328 3116.10 3339/1990 5198 59.3
Zee Learn Ltd. 1 1803 32.6 11 186 45.8 1.4 0.10 0.4 12.9 1812 32.3 9.0 1812N 125.7 5 37.3 33 57.51 95 24.39 103.1 929 28.50 42/24 1036 16.9
82 SHIP - DOCKS/BREAKI NG/ REPAIRS
IND. COMPOSITE 1467 4684 -274 14
*Cochin Shipyard 10 1803 131.5 247 2355 396.8 30.2 12.00 0.0 12.2 1812 716.4 129.7 1812N 2174.5 24 383.7 26 75.21 0 12.68 174.2 4532 344.55 544/333 1165 9.5
Garden Reach Ship 10 1803 114.6 89 1345 86.8 7.6 4.44 0.0 8.5 1812 488.6 44.9 1812N 897.2 25 65.5 181 74.50 0 22.28 11.5 977 85.25 110/77 -46 7.6
Gujarat Pipavav Port 10 1803 483.4 42 649 198.5 4.1 3.40 0.0 9.8 1812 174.7 52.2 1812N 521.8 8 154.7 3 43.00 0 49.83 49.6 3817 78.95 156/77 3385 18.8
Reliance Naval 10 1803 737.6 3 335 -956.1 -13.0 - 20.9 - 1812 52.1 -371.6 1812N 144.6 -52 -1081.9 -98 29.84 100 11.82 155.1 732 9.93 44/8 5199 -
83 SHIPPING
IND. COMPOSITE 664 6265 495 14
*Great Eastern 10 1803 150.8 347 2061 160.2 10.6 7.20 0.7 3.1 1812 743.1 264.0 1812N 1893.8 27 -155.1 -189 100.00 0 0.00 64.5 4239 281.15 392/240 6072 -
Seamec Ltd. 10 1803 25.4 106 194 0.3 0.1 - 0.0 0.1 1812 99.0 35.9 1812N 193.3 52 39.9 392 69.56 0 3.52 10.4 860 338.20 360/172 853 16.0
Shipping Corpn. 10 1803 465.8 152 3469 253.8 5.4 - 0.6 3.6 1812 1074.9 180.5 1812N 2906.9 14 -168.0 -22911 63.74 0 20.41 146.5 1689 36.25 77/35 5139 19.5
Shreyas Shipping & L 10 1803 22.0 142 541 80.9 36.8 1.50 0.7 25.9 1812 157.4 12.8 1812N 464.5 22 24.1 -58 68.93 0 1.27 13.3 428 194.95 594/154 640 9.1
84 SUGAR
IND. COMPOSITE 533 33333 -2388 12
*Avadh Sugar & Energy 10 1803 10.0 391 2336 88.2 88.1 1.00 3.3 22.5 1812 522.0 17.2 1812N 1598.1 -16 34.7 -73 60.30 24 3.83 17.6 432 431.95 714/265 1655 -
Bajaj HindusthanSuga 1 1803 113.4 30 5842 -423.2 -3.7 - 1.8 - 1812 1670.3 -167.9 1812N 4677.0 9 -310.3 -17 15.43 100 47.78 154.1 931 8.21 13/6 7071 -
Balrampur Chini 1 1803 22.8 69 4343 221.1 9.7 2.50 0.6 13.9 1812 940.9 120.3 1812N 2958.4 -11 284.8 8 100.00 0 0.00 99.5 2866 125.45 128/59 3733 11.8
Bannari Amman Su 10 1803 12.5 906 1481 87.3 69.6 10.00 0.4 7.7 1812 361.9 20.2 1812N 842.3 -35 53.9 -35 58.69 0 0.19 6.4 1893 1509.40 1946/1385 2356 32.7
*Dalmia Bharat Sugar 2 1803 16.2 179 2240 134.1 16.6 - 0.5 9.3 1812 422.4 43.4 1812N 1449.6 -18 141.2 -4 74.91 0 3.15 20.3 843 104.20 113/46 1505 6.6
Dhampur Sugar 10 1803 66.4 153 3279 157.2 23.7 3.00 1.3 15.5 1812 730.5 87.4 1812N 1938.3 -19 151.7 -22 49.08 1 2.45 41.9 1435 216.10 221/72 2776 12.4

46 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio


Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(22/02/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Dwarikesh Sugar 1 1803 18.8 19 1430 101.4 5.4 - 0.9 27.7 1812 232.0 23.9 1812N 872.9 -19 62.8 -43 41.86 0 3.33 42.9 469 24.90 39/14 790 8.8
EID Parry 1 1803 17.7 93 1921 101.0 5.7 3.00 0.4 6.2 1812 478.8 -31.4 1812N 1286.0 -20 34.0 258 44.98 0 11.19 52.1 3335 188.45 324/177 4033 21.3
*Shree Renuka Sugars 1 1803 191.7 -1 5848 -2982.1 -15.6 - -10.5 - 1812 1102.9 68.6 1812N 2989.5 -37 -385.3 84 58.96 1 28.21 165.0 1992 10.39 19/10 3054 -
Triveni Eng.&Ind.Ltd 1 1803 25.8 34 3371 109.7 4.3 0.25 1.3 12.4 1812 902.9 63.0 1812N 2297.2 -13 128.0 -42 68.21 0 5.85 48.8 1334 51.70 66/34 2439 -
*Uttam Sugar Mills 10 1803 38.1 46 1243 17.0 4.5 - 3.9 9.7 1812 356.2 7.3 1812N 875.1 -11 31.3 -32 74.99 33 0.02 15.3 422 110.55 164/62 1076 -
85 TELECOMMUNICATIONS- EQUIPMENT
IND. COMPOSITE 13449 7530 -1473 28
GTL Infrastructure 10 1803 12319.1* 2 2333 -1893.0 -1.5 - 2.0 - 1812 376.1 -186.9 1812N 1149.8 -40 -682.0 -1373 20.04 100 68.78 183.1 986 0.80 5/1 6050 -
Himachal F. Comm 1 1803 124.7 10 3070 155.0 1.2 - 0.2 12.7 1812 1105.6 48.4 1812N 3275.3 54 132.5 38 38.67 70 5.74 232.5 2718 21.80 35/17 2847 14.2
*ITI 10 1803 897.0 -8 1484 230.6 2.6 - -1.6 14.2 1812 563.2 13.6 1812N 1035.5 51 23.8 -81 90.00 0 0.02 53.1 8391 93.55 138/69 9112 63.8
Nelco Ltd 10 1803 22.8 11 32 9.8 4.3 - 1.4 39.9 1812 8.3 3.4 1812N 24.8 4 15.9 131 50.08 0 5.19 21.3 532 233.10 372/142 565 28.3
*Optiemus Infracom 10 1803 85.8 39 610 24.7 2.9 - 0.7 7.5 1812 111.2 0.7 1812N 336.8 6 5.7 -1 74.92 16 0.00 3.5 981 114.35 326/78 1177 39.9
86 TEXTILES
IND. COMPOSITE 3253 73524 -13988 20
*Alok Industries Ltd. 10 1803 1377.3 -110 5334-18215.6 -132.3 - -1.6 - 1812 675.7 -1259.4 1812N 2358.3 -47 -3823.7 77 9.95 100 8.65 220.4 479 3.48 6/1 24705 -
Arvind Ltd. 10 1803 258.6 122 6420 250.0 9.7 2.40 0.8 7.9 1812 1506.7 27.3 1812N 4786.7 2 136.8 -25 43.10 10 34.01 226.8 1940 75.00 444/74 4363 9.5
Bombay Dyeing 2 1803 41.3 31 2662 34.4 1.7 1.00 4.2 5.4 1812 413.3 -142.8 1812N 1643.4 -14 9.8 -58 53.67 0 5.31 109.3 2373 114.90 322/82 4885 114.5
Century Enka 10 1803 21.9 412 1416 70.1 32.1 7.00 0.0 7.8 1812 471.9 20.4 1812N 1356.8 35 66.0 25 25.25 0 9.87 43.4 538 246.00 385/212 543 6.5
Cheviot Co Ltd 10 1803 6.5* 774 376 54.1 83.6 1.00 0.0 10.8 1812 108.8 12.4 1812N 291.6 8 38.2 -16 74.99 0 0.15 8.5 429 663.20XB 1107/640 423 9.2
Dollar Industries 2 1803 11.3 62 983 64.0 11.3 0.20 0.5 18.1 1812 244.5 19.4 1812N 731.0 7 52.7 16 57.27 0 8.45 7.5 1566 276.10 380/248 1716 22.0
Filatex India 2 1803 43.5 18 1928 59.8 2.7 - 1.7 15.5 1812 745.8 16.3 1812N 2168.3 61 56.7 34 58.08 44 5.01 7.1 1016 46.70 66/30 1630 13.7
Ganesha Ecosphere 10 1803 21.8 122 754 35.2 16.1 1.50 0.7 13.3 1812 265.1 14.4 1812N 765.4 41 38.5 51 39.85 26 15.13 10.2 524 240.15 410/236 706 10.9
Garware Tech. Fibres 10 1803 21.9 245 885 105.1 48.0 4.50 0.3 19.6 1812 222.2 24.7 1812N 728.3 12 89.0 17 50.70 0 8.46 16.9 2279 1041.30 1359/880 2395 19.3
Himatsingka Seid 5 1803 49.2 124 1608 206.1 20.9 2.50 1.5 16.9 1812 451.0 57.2 1812N 1318.9 3 170.8 10 47.56 18 20.62 30.7 1661 168.70 400/161 3359 7.5
Indian Terrain Fashi 2 1803 7.6 54 401 25.4 6.7 - 0.2 12.5 1812 95.6 6.7 1812N 303.6 3 19.1 5 29.35 69 43.08 11.8 465 122.60 206/111 450 17.6
*Indo Count Inds. 2 1803 39.5 48 1709 131.1 6.6 0.80 0.4 14.0 1812 478.4 6.7 1812N 1421.3 3 57.2 -45 100.00 0 0.00 56.5 711 36.00 104/30 1055 8.5
*Indo Rama Synth. 10 1803 160.9 27 2256 -82.7 -5.1 - 0.7 - 1812 508.2 -39.9 1812N 1258.2 -28 -101.7 -94 70.02 45 11.23 19.2 554 34.45 41/16 762 -
Jindal Worldwide 1 1803 20.1 16 1643 58.3 2.9 0.05 1.3 18.2 1812 501.1 2.3 1812N 1410.2 19 21.7 -59 61.14 21 0.20 3.2 1399 69.75 180/55 1802 52.5
*Kitex Garments 1 1803 6.7 78 557 70.0 10.5 1.07 0.0 13.6 1812 136.1 12.4 1812N 426.8 0 57.1 -4 54.95 0 1.91 36.5 604 90.80 274/89 508 9.0
KPR Mill Ltd. 5 1803 36.3 184 2512 225.0 31.0 0.75 0.2 16.8 1812 674.2 70.1 1812N 2123.9 17 229.6 35 74.99 0 15.97 16.8 3916 539.70 740/513 4218 13.8
Lux Industries 2 1803 5.1 127 1138 79.2 31.4 2.00 1.0 24.7 1812 283.6 24.3 1812N 823.0 11 64.5 36 73.71 0 3.36 11.0 2729 1080.65 2090/1055 3048 28.4
Monte Carlo Fashions 10 1803 21.7 243 646 59.7 27.5 12.00 0.1 11.3 1812 375.6 75.5 1812N 560.6 0 78.4 14 100.00 0 0.00 36.8 778 357.85 569/328 813 9.7
*Nitin Spinners 10 1803 56.2 74 1145 52.4 9.3 1.20 1.0 12.5 1812 317.9 14.4 1812N 929.3 8 46.2 22 55.81 0 15.09 21.4 430 76.50 110/68 828 7.1
*Page Industries Ltd. 10 1803 11.2 760 2551 347.0 311.1 131.00 0.1 41.0 1812 738.3 101.9 1812N 2244.3 16 319.0 26 48.31 0 40.83 55.8 23956 21477.9036336/20102 23939 58.0
PDS Multi. Fashions 10 1803 26.0 41 18 3.7 1.4 - 0.2 3.5 1812 8.4 0.5 1812N 27.8 103 0.0 102 66.64 0 5.31 14.7 672 258.00 324/230 693 134.1
Rajapalayam Mill 10 1803 7.4 369 430 29.3 39.7 4.00 0.7 10.7 1812 97.3 0.7 1812N 297.0 -6 28.0 -3 53.16 0 2.75 5.1 512 694.75 1240/672 709 18.1
Raymond Ltd 10 1803 61.4 215 3012 98.1 16.0 3.00 0.9 7.4 1812 880.2 26.6 1812N 2397.7 10 46.7 -38 43.50 0 25.39 107.2 4461 726.85 1152/594 5553 64.7
RSWM Ltd. 10 1803 23.6 382 2940 14.5 6.2 2.00 1.5 1.6 1812 689.4 -28.5 1812N 2140.3 -2 -18.1 -2278 52.87 0 8.98 16.5 401 170.15 380/148 1782 -
Ruby Mills 5 1803 8.4 262 197 35.2 21.0 1.75 0.8 8.0 1812 42.6 3.7 1812N 137.3 0 16.8 -21 100.00 0 0.00 6.8 452 270.20 447/233 752 14.7
*Rupa & Company L 1 1803 8.0 64 1126 94.6 11.9 3.00 0.2 18.5 1812 283.7 22.5 1812N 714.7 4 60.9 11 73.28 0 0.56 11.8 2466 310.05 470/247 2569 24.5
S P Apparels Ltd. 10 1803 25.7 157 628 42.0 16.4 0.50 0.5 10.4 1812 211.4 25.5 1812N 564.9 24 50.5 57 61.60 0 20.27 12.9 646 251.30 380/201 794 10.7
Sintex Industrie 1 1803 59.4 74 2036 136.0 2.3 0.25 1.2 3.1 1812 720.4 24.1 1812N 2159.3 52 104.8 26 28.61 85 9.07 300.8 512 8.61 22/7 5378 3.2
Siyaram Silk 2 1803 9.4 145 1732 111.6 23.8 0.60 0.8 16.4 1812 446.3 20.1 1812N 1227.1 8 54.4 -14 67.06 0 11.59 15.1 1576 336.25 763/303 2102 15.4
SRF Ltd. 10 1803 57.5 600 4582 405.7 70.6 12.00 0.6 11.8 1812 1640.2 132.5 1812N 4669.9 45 351.9 17 52.32 0 28.47 47.8 12625 2196.40 2443/1531 14719 27.6
Sutlej Textiles & In 1 1803 16.4 55 2462 113.1 6.9 0.13 1.0 12.5 1812 651.3 17.3 1812N 1954.1 6 50.8 -51 63.89 3 0.87 11.3 668 40.75 84/34 1612 11.0
*Swan Energy Ltd. 1 1803 24.4 39 316 72.7 3.0 0.10 0.2 7.6 1812 83.5 0.4 1812N 772.1 260 35.2 655 64.89 30 12.59 7.8 2379 97.40 205/94 2532 23.0
TCNS Clothing 2 1803 12.3* 67 838 98.1 16.0 - 0.1 24.0 1812 300.2 37.1 1812N 857.3 16 98.8 29 32.41 0 49.82 27.6 4794 781.70 795/515 4769 39.8
Trident Ltd. 10 1803 509.6 57 4564 263.7 5.2 1.50 0.9 9.1 1812 1291.4 112.1 1812N 3814.1 10 280.5 32 70.76 0 1.83 109.0 3134 61.50 76/51 5487 9.5
*Triveni Enterprises 1 1803 5.7 2 0 0.0 0.0 - 0.0 0.0 1812 0.0 0.1 1812N 0.0 1893 0.1 282 3.49 0 0.00 0.6 510 89.05 90/84 510 -
Vardhman Textiles Lt 10 1803 57.5* 806 5851 545.8 95.0 15.00 0.4 11.8 1812 1624.2 189.3 1812N 4760.3 7 531.3 37 62.13 0 27.21 21.9 5613 976.55 1425/922 7546 8.1
Vishal Fabrics Ltd. 5 1803 22.0 45 891 15.6 3.6 - 1.5 7.9 1812 228.7 1.7 1812N 712.4 12 10.1 -31 68.13 1 16.72 0.9 1388 316.00 720/287 1683 125.4
Welspun India 1 1803 100.5 24 4977 304.1 3.0 0.65 1.0 12.5 1812 1318.9 38.1 1812N 4137.9 11 185.5 -20 68.48 0 18.21 73.9 5189 51.65 78/46 7489 20.1
87 TRADING
IND. COMPOSITE 456 46689 861 29
Adani Enterprises Lt 1 1803 110.0 36 9550 197.0 1.8 0.40 1.7 5.0 1812 4510.2 188.1 1812N 10263.9 23 156.1 15 74.91 30 22.14 78.8 14138 128.55 237/101 20182 65.1
Grandeur Products 10 1803 22.3 11 0 -0.3 -0.1 - 0.7 - 1812 0.0 -0.5 1812N 0.0 -85 -1.1 -1845 14.31 0 0.00 0.5 490 219.40 323/71 501 -
*KRBL Ltd. 1 1803 23.5 97 3246 461.8 19.6 2.30 0.5 20.3 1812 935.8 108.1 1812N 2923.5 23 366.4 0 58.81 0 7.57 35.4 7427 315.50 601/277 8574 16.1
LT Foods Ltd. 1 1803 32.0 24 2141 42.0 1.3 0.15 0.9 5.4 1812 612.8 15.6 1812N 1619.4 6 44.9 36 100.00 6 0.00 74.8 1062 33.20 100/32 1728 20.0
*MMTC Ltd. 1 1803 150.0* 1016451 48.8 0.3 0.20 0.4 3.4 1812 9366.8 28.1 1812N 21877.6 64 69.7 93 89.92 0 4.18 117.9 3998 26.65XB 47/24 4449 -
Sakuma Exports 1 1803 21.3 8 2186 18.4 0.9 0.10 0.3 10.8 1812 553.2 11.4 1812N 1619.7 -6 29.5 137 57.97 10 0.12 9.7 733 34.35 43/14 747 20.7
Shankara Building Pr 10 1803 22.8 139 2248 38.2 16.7 3.25 0.7 12.1 1812 530.9 2.2 1812N 1803.6 15 14.9 -47 56.21 0 27.13 23.7 979 428.55 2095/316 1203 38.7
*State Trading 10 1803 60.0 8 10866 37.5 6.3 - 34.6 4.0 1812 1622.6 -839.2 1812N 8193.1 -7 -851.1 -2256 90.00 0 1.94 25.7 683 113.80 187/91 2178 -
Uniphos Enterprises 2 1803 13.9 280 0 17.7 2.5 - 0.0 0.8 1812 0.0 -0.5 1812N 0.0 -43 19.8 11 72.19 0 14.91 11.9 661 95.10 132/74 655 33.7
88 TRANSPORT
IND. COMPOSITE 320 8344 1153 22
Container Corpor 5 1803 304.6* 154 6167 1049.0 17.2 6.84 0.0 11.2 1812 1657.1 274.7 1812N 5047.6 12 863.1 14 54.79 0 40.32 60.2 29024 476.35XB 569/433 27042 25.1
TCI Ltd. 2 1803 15.3 88 2177 103.8 13.5 1.60 0.6 15.3 1812 662.5 29.9 1812N 1864.3 19 84.0 18 66.91 0 12.72 26.5 2151 280.55 376/232 2518 18.4
89 TYRES AND TUBES
IND. COMPOSITE 217 46001 3023 20
Apollo Tyres 1 1803 57.2 127 10300 622.4 10.9 3.00 0.3 8.6 1812 3123.2 123.0 1812N 9292.1 25 486.7 22 40.80 13 42.60 159.6 12027 210.25 307/192 14279 16.9
*Balkrishna Ind. 2 1803 38.7 212 4447 739.3 38.2 8.00 0.2 18.1 1812 1205.6 144.7 1812N 3893.5 20 597.3 9 58.29 0 26.15 57.5 16535 855.35 1467/741 17129 20.9
Ceat Ltd. 10 1803 40.5 630 6161 278.7 68.9 11.50 0.2 10.9 1812 1673.4 58.0 1812N 5065.7 12 211.2 9 50.97 0 32.21 78.4 4297 1062.20 1666/984 4640 14.5
Goodyear India 10 1803 23.1 348 1665 130.0 56.3 13.00 0.0 16.2 1812 464.1 21.7 1812N 1488.0 16 75.2 -30 73.99 0 8.60 22.4 1993 864.10 1299/821 1417 20.5
*JK Tyre & Industries 2 1803 45.4 72 6453 43.1 1.9 1.50 1.8 2.6 1812 1922.6 34.4 1812N 5753.0 24 178.6 633 52.48 0 8.68 125.0 1989 87.70 171/83 4897 7.8
MRF Ltd 10 1803 4.222645 14822 1092.3 2575.4 60.00 0.2 11.4 1812 4033.8 279.3 1812N 11763.5 7 803.0 8 27.64 0 21.47 56.1 23267 54860.9581423/53901 24676 20.3
TVS Srichakra Lt 10 1803 7.7 854 2152 117.6 153.6 40.00 0.5 18.0 1812 582.3 23.6 1812N 1801.9 13 87.1 -2 45.36 0 8.14 28.1 1727 2255.85 3800/2175 2013 14.9

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 47


Databank Company Index
Ticker Company Ind. Book NSE Ticker Company Ind. Book NSE Ticker Company Ind. Book NSE Ticker Company Ind. Book NSE
Code Closure Code Code Closure Code Code Closure Code Code Closure Code
532628 3i Infotech 24 24 Jul 18 3IINFOTECH 500031 Bajaj Electricals 26 4 Aug 18 BAJAJELEC 526817 Cheviot Co Ltd 86 4 Aug 18 - 530117 Fairchem Speciality 20 4 Aug 18 FAIRCHEM
523395 3M India Ltd. 31 4 Aug 18 3MINDIA 500034 Bajaj Finance L 47 7 Jul 18 BAJFINANCE 511243 Cholamandalam Invest 47 20 Jul 18 CHOLAFIN 531599 FDC Ltd. 72 1 Sep 18 FDC
524348 Aarti Drugs Ltd 72 3 Aug 18 AARTIDRUGS 532978 Bajaj Finserv Ltd. 47 7 Jul 18 BAJAJFINSV 534758 Cigniti Technologies 24 26 Jul 18 CIGNITITEC 500469 Federal Bank 44 4 Aug 18 FEDERALBNK
524208 Aarti Ind. Ltd 20 14 Sep 18 AARTIIND 500032 Bajaj HindusthanSuga 84 15 Sep 18 BAJAJHIND 500087 Cipla 72 16 Aug 18 CIPLA 505744 Federal-Mogul Goetze 7 14 Sep 18 FMGOETZE
541988 Aavas Financiers 46 - AAVAS 500490 Bajaj Holdings & Inv 47 7 Jul 18 BAJAJHLDNG 532210 City Union Bank 44 25 Aug 18 CUB 590024 Fertilisers & Ch 43 18 Sep 18 FACT
500002 ABB India 34 3 May 18 ABB 530999 Balaji Amines Li 20 23 Aug 18 BALAMINES 506390 Clariant Chemicals ( 32 3 Aug 18 CLNINDIA 532768 FIEM Industries 7 11 Sep 18 FIEMIND
500488 Abbott India Ltd. 72 12 Jul 18 ABBOTINDIA 532382 Balaji Telefilms Ltd 40 25 Aug 18 BALAJITELE 500147 CMI FPE Ltd. 39 23 Jul 18 - 526227 Filatex India 86 21 Sep 18 FILATEX
500410 ACC 17 7 Mar 19 ACC 502355 Balkrishna Ind. 89 11 Jul 18 BALKRISIND 533278 Coal India 63 6 Sep 18 COALINDIA 541557 Fine Organic Indus 20 22 Sep 18 FINEORG
532268 Accelya Kale Solut 24 1 Oct 18 ACCELYA 500102 Ballarpur Ind. 69 19 Sep 18 BALLARPUR 540678 Cochin Shipyard 82 8 Aug 18 COCHINSHIP 533333 Fineotex Chemical Lt 20 24 Sep 18 FCL
532762 Action Construction 39 21 Sep 18 ACE 523319 Balmer Lawrie & 31 6 Sep 18 BALMLAWRIE 539436 Coffee Day Enterpris 52 - COFFEEDAY 500144 Finolex Cables 14 15 Sep 18 FINCABLES
512599 Adani Enterprises Lt 87 31 Jul 18 ADANIENT 532485 Balmer Lawrie Invest 47 6 Sep 18 - 500830 Colgate Palm. 41 20 Jul 18 COLPAL 500940 Finolex Industri 74 22 Sep 18 FINPIPE
542066 Adani Gas 78 - ADANIGAS 500038 Balrampur Chini 84 25 Aug 18 BALRAMCHIN 526829 Confidence Petroleum 58 22 Sep 18 - 532809 Firstsource Solution 24 30 Jul 18 FSL
541450 Adani Green Energy 75 31 Jul 18 ADANIGREEN 500039 Banco Products 7 8 Sep 18 BANCOINDIA 531344 Container Corpor 88 14 Sep 18 CONCOR 502865 Forbes & Company Ltd 38 19 Sep 18 -
532921 Adani Ports & Speci 64 30 Jul 18 ADANIPORTS 541153 Bandhan Bank 44 - BANDHANBNK 522295 Control Print Ltd. 23 20 Jul 18 CONTROLPR 500033 Force Motors 9 5 Sep 18 -
533096 Adani Power Ltd. 75 30 Jul 18 ADANIPOWER 532134 Bank of Baroda 45 7 Jul 18 BANKBARODA 506395 Coromandel Internati 43 21 Jul 18 COROMANDEL 532843 Fortis Healthcare 51 20 Sep 16 FORTIS
539254 Adani Transmission L 76 31 Jul 18 ADANITRANS 532149 Bank of India 45 9 Jul 18 BANKINDIA 532179 Corporation Bank 45 22 Jun 18 CORPBANK 533400 Future Consumer 41 23 Aug 18 FCONSUMER
519183 ADF Foods Ltd. 41 7 Sep 18 ADFFOODS 532525 Bank of Maharash 45 15 Jun 18 MAHABANK 533144 Cox & Kings L 64 21 Sep 18 COX&KINGS 523574 Future Enterprises 79 20 Aug 15 FEL
540691 Aditya Birla Capital 47 21 Aug 18 ABCAPITAL 500041 Bannari Amman Su 84 14 Sep 18 BANARISUG 541770 CreditAccess Grameen 47 - CREDITACC 536507 Future Lifestyle 79 20 Aug 15 FLFL
535755 Aditya Birla Fashion 79 18 Jul 15 ABFRL 500042 BASF India Lt 20 28 Jul 18 BASF 500092 Crisil 81 2 Apr 19 CRISIL 540064 Future Retail L 79 - FRETAIL
517041 Ador Welding Ltd. 38 4 Aug 18 ADORWELD 500043 Bata India 56 11 Jul 18 BATAINDIA 539876 Crompton Greaves Con 34 21 Jul 18 CROMPTON 540798 Future Supply Chain 57 - FSC
540025 Advanced Enzyme Tech 50 8 Sep 18 ADVENZYMES 506285 BayerCropscience 70 8 Aug 18 BAYERCROP 500480 Cummins India Lt 38 4 Aug 18 CUMMINSIND 507488 G M Breweries Ltd. 12 4 May 18 GMBREW
500003 Aegis Logistics Ltd. 57 3 Aug 18 AEGISCHEM 539018 Beekay Steel Indus 54 22 Sep 18 - 532175 Cyient Ltd. 24 9 Jul 18 CYIENT 505714 Gabriel India 7 2 Aug 18 GABRIEL
500215 Agro Tech Foods Ltd. 33 19 Jul 18 ATFL 500048 BEML Ltd. 39 22 Sep 18 BEML 533160 D B Realty Ltd. 25 21 Sep 18 DBREALTY 532155 GAIL (India) Ltd. 66 1 Sep 18 GAIL
532811 Ahluwalia Contra 25 16 Sep 18 AHLUCONT 533095 Bengal & Assam Compa 47 30 Aug 18 - 500096 Dabur India 41 6 Jul 18 DABUR 540935 Galaxy Surfacta. 20 3 Aug 18 GALAXYSURF
532683 AIA Engineering 16 8 Aug 17 AIAENG 509480 Berger Paints I 68 28 Jul 18 BERGEPAINT 500097 Dalmia Bharat Sugar 84 8 Sep 18 DALMIASUG 533265 Gallantt Ispat Ltd. 54 21 Sep 18 GALLISPAT
532331 Ajanta Pharma Lt 72 28 Jun 18 AJANTPHARM 533303 BF Investment Ltd. 47 1 Sep 18 BFINVEST 532528 Datamatics Global Se 24 8 Aug 18 DATAMATICS 513108 Gandhi Special 54 4 Aug 18 GANDHITUBE
513349 Ajmera Realty & Infr 25 18 Sep 18 AJMERA 532430 BF Utilities Ltd. 75 25 Sep 18 BFUTILITIE 533151 DB Corp 60 4 Sep 18 DBCORP 514167 Ganesha Ecosphere 86 11 Sep 18 GANECOS
500710 Akzo Nobel India Ltd 68 27 Jul 18 AKZOINDIA 530803 Bhageria Industries 32 17 Jul 18 BHAGERIA 532772 DCB Bank 44 26 May 18 DCBBANK 542011 Garden Reach Ship 82 - GRSE
531082 Alankit 47 22 Sep 18 ALANKIT 500052 Bhansali Engg.Po 71 22 Sep 18 BEPL 523367 DCM Shriram 31 24 Jul 18 DCMSHRIRAM 500655 Garware Poly. 67 17 Sep 18 -
506235 Alembic Ltd. 72 31 Jul 18 ALEMBICLTD 503960 Bharat Bijlee 36 21 Jun 18 BBL 502137 Deccan Cements 17 4 Aug 18 DECCANCE 509557 Garware Tech. Fibres 86 1 Sep 18 GARFIBRES
533573 Alembic Pharmaceutic 72 20 Jul 18 APLLTD 541143 Bharat Dynamics 39 21 Sep 18 BDL 500645 Deepak Fertilisers 43 11 Sep 18 DEEPAKFERT 532622 Gateway Distriparks 57 21 Jul 18 GDL
531147 Alicon Castalloy 16 17 Sep 18 ALICON 500049 Bharat Electroni 34 22 Aug 18 BEL 506401 Deepak Nitrite 20 27 Jul 18 DEEPAKNTR 532345 Gati Ltd. 28 12 Sep 18 GATI
539523 Alkem Laboratories 72 - ALKEM 533228 Bharat Financial Inc 47 20 Jul 18 BHARATFIN 532848 Delta Corp Ltd. 64 24 Aug 18 DELTACORP 532767 Gayatri Projects 25 22 Sep 18 GAYAPROJ
506767 Alkyl Amines Che 20 24 Jul 18 ALKYLAMINE 500493 Bharat Forge 16 31 Jul 18 BHARATFORG 533137 Den Networks Ltd. 40 9 Nov 18 DEN 532309 GE Power India 76 16 Jul 18 GEPIL
532480 Allahabad Bank 45 21 Jun 18 ALBK 500103 Bharat Heavy Ele 39 13 Sep 18 BHEL 532121 Dena Bank 45 21 Jun 18 DENABANK 522275 GE T&D India 76 19 Jul 18 GET&D
532749 Allcargo Logistics 57 6 Aug 18 ALLCARGO 500547 Bharat Petroleum 78 4 Sep 18 BPCL 511072 Dewan Housing 46 21 Jun 18 DHFL 540755 General Ins. Corp. 47 16 Mar 98 GICRE
521070 Alok Industries Ltd. 86 21 Dec 18 ALOKTEXT 590021 Bharat Rasayan 70 22 Sep 18 BHARATRAS 519588 DFM Foods Limi 41 21 Jul 18 DFMFOODS 539407 Generic Engineering 25 15 Sep 17 -
500008 Amara Raja Batt. 7 6 Aug 18 AMARAJABAT 540700 Bharat Road Network 25 - BRNL 500119 Dhampur Sugar 84 23 Aug 18 DHAMPURSUG 530343 Genus Power Infrastr 34 15 Sep 18 GENUSPOWER
540902 Amber Enterprises 26 11 Sep 18 AMBER 532454 Bharti Airtel 65 4 Aug 18 BHARTIARTL 507717 Dhanuka Agritech Ltd 70 1 Aug 18 DHANUKA 532285 Geojit Financial 47 19 Jul 18 GEOJITFSL
500425 Ambuja Cements Ltd. 17 1 Mar 19 AMBUJACEM 534816 Bharti Infratel Ltd. 53 5 Aug 15 INFRATEL 506414 DIL 72 22 Sep 18 - 500171 GHCL 21 25 May 18 GHCL
590006 Amrutanjan Health Ca 72 11 Sep 18 AMRUTANJAN 532523 Biocon 72 22 Jul 17 BIOCON 540047 Dilip Buildcon Ltd. 25 21 Sep 18 DBL 511676 GIC Housing Fi 46 24 Jul 18 GICHSGFIN
515055 Anant Raj Ltd. 25 22 Sep 18 ANANTRAJ 500060 Birla Cable 14 25 Jul 18 BIRLACABLE 500068 Disa India Ltd. 39 2 Aug 18 - 507815 Gillette India Ltd. 41 24 Nov 18 GILLETTE
532418 Andhra Bank 45 3 Jul 18 ANDHRABANK 500335 Birla Corporation Lt 17 14 Jul 18 BIRLACORPN 532839 Dish TV India Ltd. 40 25 Sep 18 DISHTV 504704 GKW L 38 3 Aug 15 GKWLIMITED
500012 Andhra Petro 20 17 Sep 18 - 532400 Birlasoft 24 12 Aug 17 KPIT 540701 Dishman Carbogen Amc 72 21 Sep 17 DCAL 500660 GlaxoSmithKline Phar 72 17 Jul 18 GLAXO
526173 Andrew Yule & Co 31 20 Sep 18 - 506197 Bliss GVS Pharma 72 18 Aug 18 BLISSGVS 532488 Divi's Lab 72 4 Sep 18 DIVISLAB 500676 GlaxoSmithKlineConsu 41 2 Aug 18 GSKCONS
532259 Apar Industries 36 3 Aug 18 APARINDS 540073 BLS International Se 81 13 Sep 18 BLS 540699 Dixon Technologies 26 19 Jul 18 DIXON 532296 Glenmark Pharma 72 22 Sep 18 GLENMARK
523694 Apcotex Industries L 80 21 Jul 18 APCOTEXIND 526612 Blue Dart Expres 28 24 Jul 18 BLUEDART 532868 DLF Ltd. 25 17 Sep 18 DLF 542351 Gloster L 47 - -
540692 Apex Frozen Foods 41 17 Sep 18 APEX 500067 Blue Star 26 28 Jul 18 BLUESTARCO 505526 Dolat Investment 47 13 Sep 18 - 505255 GMM Pfaudler Ltd 39 3 Aug 18 GMMPFAUDLR
533758 APL Apollo Tubes 54 22 Sep 18 APLAPOLLO 524370 Bodal Chemicals 32 10 Sep 18 BODALCHEM 541403 Dollar Industries 86 6 Sep 18 DOLLAR 532754 GMR Infrastructure L 53 14 Sep 18 GMRINFRA
508869 Apollo Hospitals 51 15 Sep 18 APOLLOHOSP 501425 Bombay Burmah 73 28 Jul 18 BBTC 539524 Dr. Lal Pathlabs Ltd 51 7 Aug 18 LALPATHLAB 540124 GNA Axles 7 - GNA
500877 Apollo Tyres 89 20 Jul 18 APOLLOTYRE 500020 Bombay Dyeing 86 21 Jul 18 BOMDYEING 500124 Dr. Reddy's Labs 72 18 Jul 18 DRREDDY 506480 GOCL Corporation 59 21 Sep 18 GOCLCORP
532475 Aptech Ltd. 24 23 Jul 18 APTECHT 502219 Borosil Glass 48 13 Jul 18 BOROSIL 523618 Dredging Corpora 64 7 Aug 18 DREDGECORP 532734 Godawari Power & Isp 54 21 Jul 18 GPIL
506074 Arshiya 57 14 Sep 18 ARSHIYA 500530 Bosch Ltd. 7 9 Jun 18 BOSCHLTD 532610 Dwarikesh Sugar 84 25 Aug 18 DWARKESH 500163 Godfrey Philips 41 19 Sep 18 GODFRYPHLP
500101 Arvind Ltd. 86 24 Aug 18 ARVIND 532929 Brigade Enterprises 25 18 Sep 15 BRIGADE 505242 Dynamatic Techno 38 3 Aug 17 DYNAMATECH 540743 Godrej Agrovet L 41 25 Jul 18 GODREJAGRO
539301 Arvind SmartSpaces 53 21 Aug 18 ARVSMART 500825 Britannia Ind. 41 31 Jul 18 BRITANNIA 532927 eClerx Services 24 23 Aug 18 ECLERX 532424 Godrej Consumer Prod 41 8 Aug 16 GODREJCP
515030 Asahi India Glass 48 1 Aug 18 ASAHIINDIA - BSE 47 - BSE 532922 Edelweiss Fin. Ser 47 20 Jul 18 EDELWEISS 500164 Godrej Industries Lt 41 6 Aug 18 GODREJIND
523716 Ashiana Housing Ltd. 25 18 Aug 18 ASHIANA 532321 Cadila Healthcar 72 2 Aug 18 CADILAHC 505200 Eicher Motors 9 4 Aug 18 EICHERMOT 533150 Godrej Properties Lt 25 29 Jul 15 GODREJPROP
500477 Ashok Leyland 9 11 Jul 18 ASHOKLEY 532834 Camlin Fine Sciences 20 7 Aug 18 CAMLINFINE 500125 EID Parry 84 27 Jul 18 EIDPARRY 500166 Goodricke Group 73 21 Jul 18 -
533271 Ashoka Buildcon Ltd. 25 15 Sep 18 ASHOKA 511196 Can Fin Homes 46 15 Jun 18 CANFINHOME 523127 EIH Associated 52 27 Jul 18 EIHAHOTELS 500168 Goodyear India 89 2 Aug 18 -
532888 Asian Granito India 19 12 Sep 18 ASIANTILES 532483 Canara Bank 45 20 Jul 18 CANBK 500840 EIH Ltd. 52 25 Jul 18 EIHOTEL 539235 Grandeur Products 87 22 Sep 18 -
533221 Asian Hotels (West) 52 27 Jun 18 AHLWEST 540710 Capacit'e Infraproje 25 28 Aug 18 CAPACITE 500123 Elantas Beck India L 20 2 May 18 - 532482 Granules India L 72 31 Aug 18 GRANULES
500820 Asian Paints Ltd. 68 16 Jun 18 ASIANPAINT 530879 Capital India Fin 47 17 May 18 - 505700 Elecon Engg. 39 20 Sep 18 ELECON 509488 Graphite India Ltd. 37 28 Jul 18 GRAPHITE
531847 Asian Star Co 30 19 Sep 18 - 524742 Caplin Point Lab 72 20 Sep 18 CAPLIPOINT 500128 Electrosteel Cas 16 8 Sep 18 ELECTCAST 500300 Grasim Inds. 31 4 Sep 18 GRASIM
507526 Asso. Alcohols 12 18 Aug 18 - 531595 Capri Global Capital 47 23 Jul 18 CGCL 522074 Elgi Equipments 22 4 Aug 18 ELGIEQUIP 505710 Grauer & Weil 20 25 Aug 18 -
533138 Astec Lifesciences L 70 23 Jul 18 ASTEC 513375 Carborundum Uni. 38 27 Jul 18 CARBORUNIV 504000 Elpro Internl. 34 21 Sep 18 - 533282 Gravita India Ltd. 62 25 Aug 18 GRAVITA
540975 Aster DM Healthcare 51 - ASTERDM 534804 CARE Ratings 81 20 Sep 18 CARERATING 531162 Emami Ltd. 41 27 Jul 18 EMAMILTD 500620 Great Eastern 83 4 Aug 18 GESHIP
532493 Astra Microwave 38 21 Jul 18 ASTRAMICRO 500870 Castrol India 59 11 May 19 CASTROLIND 533208 Emami Paper Mill 69 3 Aug 18 - 501455 Greaves Cotton 38 7 Aug 18 GREAVESCOT
532830 Astral Poly Technik 74 19 Aug 18 ASTRAL 519600 CCL Products India 73 10 Jul 18 CCL 509525 Empire Inds. 48 19 Jul 18 - 538979 Greenlam Industries 55 22 Aug 18 GREENLAM
506820 AstraZeneca Pharma I 72 3 Sep 18 ASTRAZEN 500878 Ceat Ltd. 89 12 Jul 18 CEATLTD 540153 Endurance Technologi 7 30 Aug 18 ENDURANCE 526797 Greenply Industr 55 13 Jul 18 GREENPLY
540824 Astron Paper & Board 69 15 Sep 18 ASTRON 532885 Central Bank 45 25 Jun 18 CENTRALBK 532178 Engineers India 77 13 Sep 18 ENGINERSIN 506076 Grindwell Norton 38 20 Jul 18 GRINDWELL
514394 Atlas Jewellery 30 13 Sep 18 - - Central Depository 81 13 Aug 18 CDSL 533477 Enkei Wheels (India) 7 26 Jul 18 - 501314 Gromo Trade & Consul 47 17 Sep 18 -
531795 Atul Auto Ltd 6 22 Sep 18 ATULAUTO 501150 Centrum Capital 47 7 Aug 18 CENTRUM 532700 Entertainment Networ 40 20 Sep 18 ENIL 511288 GRUH Finance Li 46 25 Apr 18 GRUH
500027 Atul Ltd. 32 14 Jul 18 ATUL 517544 Centum Electronics L 34 8 Sep 18 CENTUM 539844 Equitas Holdings Ltd 47 21 Jul 18 EQUITAS 500690 GSFC 43 13 Sep 18 GSFC
540611 Au Small Finance Ban 44 1 Aug 18 AUBANK 500280 Century Enka 86 4 Jul 18 CENTENKA 540596 Eris Lifesciences 72 22 Sep 18 ERIS 532775 GTL Infrastructure 85 23 Sep 15 GTLINFRA
524804 Aurobindo Pharma 72 24 Aug 18 AUROPHARMA 532548 Century Plyboards 55 8 Sep 18 CENTURYPLY 533261 Eros International M 40 20 Sep 18 EROSMEDIA 540602 GTPL Hathway 40 19 Sep 18 GTPL
505010 Automotive Axles 7 4 Aug 18 AUTOAXLES 500040 Century Textiles 31 24 Jul 18 CENTURYTEX 500133 Esab India 38 3 Aug 18 ESABINDIA 509079 Gufic BioSciences Lt 72 22 Sep 18 GUFICBIO
540649 Avadh Sugar & Energy 84 17 Sep 18 AVADHSUGAR 532443 Cera Sanitaryware L 19 17 Aug 18 CERA 500495 Escorts Ltd. 10 25 Aug 18 ESCORTS 530001 Guj. Alkalie & C 21 22 Sep 18 GUJALKALI
512573 Avanti Feeds Lim 5 1 Aug 18 AVANTIFEED 500084 CESC Ltd. 75 14 Dec 18 CESC 500135 Essel Propack Ltd. 67 23 Jun 15 ESSELPACK 524226 Guj. Amb.Exports 33 21 Jul 18 GAEL
540376 Avenue Supermarts 79 22 Aug 18 DMART 500093 CG Power and Indust 34 19 Aug 16 CGPOWER 531508 Eveready Industr 26 30 Jul 18 EVEREADY 523768 Guj. Borosil Ltd 48 2 Aug 18 -
532215 Axis Bank Ltd. 44 2 Jun 18 AXISBANK 542399 Chalet Hotels L 52 - CHALET 508906 Everest Industries L 18 19 Jul 18 EVERESTIND 500173 Guj. Fluorochemi 20 25 Aug 18 GUJFLUORO
532719 B L Kashyap & Sons 25 21 Sep 18 BLKASHYAP 500085 Chambal Fertilis 43 28 Aug 18 CHAMBLFERT 532511 Excel Crop Care Ltd. 70 21 Jul 18 EXCELCROP 517300 Guj. Industries 75 7 Sep 18 GIPCL
532977 Bajaj Auto Ltd. 6 7 Jul 18 BAJAJ-AUTO 530871 Chembond Chemica 20 6 Aug 18 - 500650 Excel Industries 70 3 Aug 18 EXCELINDUS 532181 Guj. Mineral Dev 63 22 Sep 18 GMDCLTD
533229 Bajaj Consumer Care 41 17 Jul 18 BAJAJCON 500110 Chennai Petro. 78 17 Aug 18 CHENNPETRO 500086 Exide Inds. 7 27 Jul 18 EXIDEIND 539336 Gujarat Gas 58 21 Sep 18 GUJGASLTD

48 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Ticker Company Ind. Book NSE Ticker Company Ind. Book NSE Ticker Company Ind. Book NSE Ticker Company Ind. Book NSE
Code Closure Code Code Closure Code Code Closure Code Code Closure Code
500670 Gujarat Narmada Vall 43 25 Aug 18 GNFC 521016 Indo Count Inds. 86 9 Aug 17 ICIL 500243 Kirloskar Industries 38 6 Aug 18 KIRLOSIND 517334 MothersonSumiSystems 7 10 Aug 18 MOTHERSUMI
533248 Gujarat Pipavav Port 82 3 Aug 18 GPPL 500207 Indo Rama Synth. 86 21 Jul 18 INDORAMA 533293 Kirloskar Oil Engine 38 4 Aug 18 KIRLOSENG 532892 Motilal Oswal Financ 47 3 Aug 15 MOTILALOFS
532702 GujaratStatePetronet 71 22 Sep 18 GSPL 532612 Indoco Remedies 72 4 Sep 18 INDOCO 505283 Kirloskar Pneumatic 22 18 Jul 18 - 526299 MphasiS Ltd. 24 28 Jul 18 MPHASIS
538567 Gulf Oil Lubricants 59 18 Sep 18 GULFOILLUB 541336 Indostar Capital Fin 47 21 Sep 18 INDOSTAR 521248 Kitex Garments 86 23 Jul 18 KITEX 532440 MPS Ltd. 60 25 Jul 18 MPSLTD
532708 GVK Power & Infrastr 75 10 Nov 18 GVKPIL 532514 Indraprastha Gas Ltd 64 18 Sep 18 IGL 532942 KNR Constructions 25 26 Sep 18 KNRCON 500290 MRF Ltd 89 3 Aug 18 MRF
533162 Hathway Cable & Data 40 13 Aug 16 HATHWAY 532187 IndusInd Bank 44 20 Jul 18 INDUSINDBK 523207 Kokuyo Camlin 60 6 Aug 18 KOKUYOCMLN 532650 MSP Steel & Power Lt 54 7 Jul 17 MSPL
531531 Hatsun Agro Prod 41 6 Sep 18 HATSUN 506222 INEOS Styrolution 71 3 Aug 18 INEOSSTYRO 532924 Kolte-Patil Develope 25 22 Sep 18 KOLTEPATIL 534312 MT Educare Ltd. 81 17 Sep 18 MTEDUCARE
517354 Havells India 34 6 Jul 18 HAVELLS 539807 Infibeam Avenues 24 22 Sep 18 INFIBEAM 500247 Kotak Mahindra Bank 44 13 Jul 18 KOTAKBANK 500108 MTNL 65 22 Sep 18 MTNL
508486 Hawkins Cookers 26 1 Aug 18 - 532777 Info Edge (India) 64 18 Jul 18 NAUKRI 523323 Kovai Medical 51 29 Jul 18 - 500460 Mukand Ltd. 54 4 Aug 18 MUKANDLTD
517271 HBL Power Systems Lt 7 21 Sep 18 HBLPOWER 500209 Infosys 24 16 Jun 18 INFY 532889 KPR Mill Ltd. 86 22 Aug 18 KPRMILL 526169 Multibase India Ltd. 74 31 Aug 18 -
500179 HCL Infosystem 23 24 Sep 18 HCL-INSYS 500210 Ingersoll Rand 22 24 Jul 18 INGERRAND 530813 KRBL Ltd. 87 8 Aug 18 KRBL 520059 Munjal Auto Industr. 7 20 Aug 18 MUNJALAU
532281 HCL Technologies 24 12 Sep 18 HCLTECH 532706 Inox Leisure 40 25 Aug 18 INOXLEISUR 500249 KSB Ltd 38 15 Apr 18 KSB 520043 Munjal Showa Ltd 7 15 Sep 18 MUNJALSHOW
500010 HDFC 46 21 Jul 18 HDFC 539083 Inox Wind Ltd. 39 6 Jul 18 INOXWIND 519421 KSE 5 25 Aug 18 - 540366 Music Broadcast 40 7 Sep 18 RADIOCITY
541729 HDFC AMC 47 - HDFCAMC 532851 Insecticides (India) 70 31 Jul 18 INSECTICID 536170 Kushal L 69 4 Dec 18 - 511766 Muthoot Capital 47 31 May 16 MUTHOOTCAP
500180 HDFC Bank 44 4 Jul 15 HDFCBANK 538835 Intellect Design 24 13 Aug 18 INTELLECT 500510 L&T 31 17 Aug 18 LT 533398 Muthoot Finance 47 23 Sep 18 MUTHOOTFIN
540777 HDFC Life Insurance 47 16 Jul 18 HDFCLIFE 539448 InterGlobe Aviation 2 4 Aug 18 INDIGO 533519 L&T Finance Holdings 47 22 Aug 18 L&TFH 516082 N R Agarwal Indu 69 21 Sep 18 NRAIL
532873 HDIL 25 22 Sep 18 HDIL 502330 International Paper 69 21 Aug 15 IPAPPM 540005 L&T Infotech 24 18 Aug 18 LTI 524709 NACL Industries L 70 4 Aug 18 NACLIND
539787 Healthcare Global En 51 23 Sep 18 HCG 524164 IOL Chemicals and Ph 72 23 Sep 18 IOLCP 540115 L&T Technology Serv 38 16 Aug 18 LTTS 539917 Nagarjuna Fertilizer 43 22 Sep 18 NAGAFERT
509631 HEG Ltd. 37 17 Jul 18 HEG 500214 Ion Exchange (India) 38 30 Aug 18 - 526947 La Opala RG Ltd. 48 4 Aug 18 LAOPALA 532256 Nalwa Sons Investmen 47 17 Sep 18 NSIL
500292 Heidelberg Cement In 17 15 Sep 18 HEIDELBERG 524494 Ipca Laboratorie 72 4 Aug 18 IPCALAB 500252 Lakshmi Machines 39 17 Jul 18 LAXMIMACH 539551 Narayana Hrudayalaya 51 - NH
519552 Heritage Foods 41 23 Aug 18 HERITGFOOD 532947 IRB Infrastructure 25 29 Aug 18 IRB 534690 Lakshmi Vilas Ba 44 11 Jul 17 LAKSHVILAS 524816 Natco Pharma 72 12 Sep 18 NATCOPHARM
500182 Hero MotoCorp 6 13 Jul 18 HEROMOTOCO 541956 Ircon Internatio 38 22 Sep 11 IRCON 540222 Laurus Labs 72 2 Jul 18 LAURUSLABS 537291 Nath Bio-Genes 50 30 Jul 18 NATHBIOGEN
524669 Hester Biosciences L 72 4 Aug 18 HESTERBIO 533033 ISGEC Heavy Eng 39 31 Jul 18 - 541233 Lemon Tree Hotels 52 - LEMONTREE 532234 National Alumini 3 25 Aug 18 NATIONALUM
532129 Hexaware Technologie 24 13 Apr 18 HEXAWARE 500875 ITC Ltd. 41 29 May 18 ITC 500250 LG Balakrishnan&Bros 7 24 Aug 18 LGBBROSLTD 523630 National Fertilizers 43 21 Sep 18 NFL
541019 HG Infra Engineering 25 4 Sep 18 HGINFRA 509496 ITD Cementation Indi 25 4 May 18 ITDCEM 500253 LIC Housing Fi 46 11 Aug 18 LICHSGFIN 500298 National Peroxid 20 20 Jul 18 -
524735 Hikal Ltd. 72 2 Aug 18 HIKAL 523610 ITI 85 20 Sep 18 ITI 523457 Linde India 64 10 Apr 18 LINDEINDIA 513023 Nava Bharat Ventures 31 1 Aug 18 NBVENTURES
509675 HIL 18 31 Jul 18 HIL 506943 J B Chemicals & Phar 72 29 Aug 18 JBCHEPHARM 532783 LT Foods Ltd. 87 19 Sep 18 DAAWAT 532504 Navin Fluorine Inter 20 17 Jul 18 NAVINFLUOR
500183 Himachal F. Comm 85 24 Sep 18 HFCL 532940 J Kumar Infraproject 25 20 Sep 18 JKIL 532796 Lumax Auto Technolog 7 13 Aug 18 LUMAXTECH 539332 Navkar Corporation L 57 20 Sep 18 NAVKARCORP
500184 Himadri Speciality 20 27 Aug 18 HSCL 532705 Jagran Prakashan 60 14 Sep 18 JAGRAN 517206 Lumax Inds. 7 11 Jul 18 LUMAXIND 508989 Navneet Education 60 17 Jul 18 NAVNETEDUL
514043 Himatsingka Seid 86 15 Sep 18 HIMATSEIDE 512237 Jai Corp Ltd. 54 19 Sep 18 JAICORPLTD 500257 Lupin Ltd. 72 1 Aug 18 LUPIN 534309 NBCC (India) 25 10 Sep 18 NBCC
513599 Hind. Copper 62 21 Sep 18 HINDCOPPER 500219 Jain Irrigation 64 17 Sep 18 JISLJALEQS 539542 Lux Industries 86 21 Sep 18 LUXIND 500294 NCC 25 1 Aug 18 NCC
519126 Hind. Food 41 15 Sep 18 - 532627 Jaiprakash Power Ven 75 21 Sep 18 JPPOWER 522241 M M Forgings Ltd. 16 20 Sep 17 MMFL 502168 NCL Industries 17 19 Sep 18 NCLIND
515145 Hind. NationalGl 48 11 Sep 18 HINDNATGLS 532532 JaiprakashAssociates 25 15 Dec 18 JPASSOCIAT 532720 M&M Fin.Services 47 21 Jul 18 M&MFIN 532864 Nelcast Ltd. 16 8 Aug 18 NELCAST
500186 Hind. Oil Explor 66 14 Aug 18 HINDOILEXP 532209 Jammu & Kashmir Bank 44 13 Jul 16 J&KBANK 524000 Magma Fincorp Ltd. 47 27 Jul 18 MAGMA 504112 Nelco Ltd 85 11 Jul 18 NELCO
500104 Hind. Petrol 78 2 Jul 18 HINDPETRO 520051 Jamna Auto Inds. 7 23 Sep 18 JAMNAAUTO 500266 Maha. Scooters 6 7 Jul 18 MAHSCOOTER 505355 Nesco Ltd. 31 2 Aug 18 NESCO
500188 Hind. Zinc 62 27 Aug 18 HINDZINC 520066 Jay Bharat Marut 7 29 Aug 18 JAYBARMARU 500265 Maha. Seamless 54 19 Sep 18 MAHSEAMLES 500790 Nestle India 41 3 May 19 NESTLEIND
500185 Hind.ConstructionCo. 25 6 Jul 18 HCC 524330 Jayant Agro Org 20 23 Jun 18 JAYAGROGN 539957 Mahanagar Gas 58 11 Sep 18 MGL 532798 Network 18 Media & I 47 14 Aug 18 NETWORK18
500440 Hindalco Indus. 3 15 Sep 18 HINDALCO 533207 Jaypee Infratech Ltd 25 15 Dec 18 JPINFRATEC 500520 Mahi. & Mahi 8 14 Jul 18 M&M 524558 Neuland Laborat 72 7 Aug 18 NEULANDLAB
532859 Hinduja Global Solut 24 28 Sep 18 HGS 532605 JBM Auto 7 25 Aug 18 JBMA 532756 Mahindra CIE Auto 16 13 Apr 18 MAHINDCIE 540900 Newgen Software Tech 24 3 Aug 18 NEWGEN
500189 Hinduja Ventures 81 18 Sep 18 HINDUJAVEN 532617 Jet Airways 2 3 Aug 18 JETAIRWAYS 533088 Mahindra Holidays 52 27 Jul 18 MHRIL 533098 NHPC 75 15 Sep 18 NHPC
541154 Hindustan Aeronautic 39 26 Sep 18 HAL 500227 Jindal Poly Films 67 22 Sep 18 JINDALPOLY 532313 Mahindra Lifespace D 25 21 Jul 18 MAHLIFE 500304 NIIT Ltd. 24 23 Jul 16 NIITLTD
533217 Hindustan Media Vent 60 11 Sep 18 HMVL 500378 Jindal Saw 54 21 Sep 18 JINDALSAW 540768 Mahindra Logistics L 57 27 Jul 18 MAHLOG 532541 NIIT Technologies 24 15 Sep 18 NIITTECH
500696 Hindustan Unilever L 41 23 Jun 18 HINDUNILVR 532286 Jindal St & Pwr 54 24 Sep 18 JINDALSTEL 590078 Maithan Alloys Ltd. 42 27 Aug 18 MAITHANALL 523385 Nilkamal Ltd. 74 24 Jun 18 NILKAMAL
500191 HMT Ltd. 10 21 Sep 18 HMT 532508 Jindal Stainless 54 17 Sep 18 JSL 539289 Majesco L 24 28 Jul 18 MAJESCO 500307 Nirlon 64 14 Sep 18 -
522064 Honda Siel Power 35 7 Aug 18 HONDAPOWER 539597 Jindal Stainless (Hi 54 17 Sep 18 JSLHISAR 533169 Man Infraconstructio 25 8 Aug 18 MANINFRA 532698 Nitin Spinners 86 15 Sep 18 NITINSPIN
517174 Honeywell Automation 38 9 Jul 15 HONAUT 531543 Jindal Worldwide 86 22 Sep 18 JINDWORLD 500268 Manali Petrochem 71 31 Jul 18 MANALIPETC 538772 Niyogin Fintech 47 20 Sep 18 -
500193 Hotel Leela Ven. 52 16 Aug 18 HOTELEELA 532644 JK Cement 17 19 Jul 18 JKCEMENT 531213 Manappuram Finance 47 31 Jul 15 MANAPPURAM 513683 NLC India L 75 24 Jul 18 NLCINDIA
500187 HSIL Ltd. 19 25 Aug 18 HSIL 500380 JK Lakshmi Cement L 17 1 Sep 18 JKLAKSHMI 502157 Mangalam Cement 17 2 Sep 18 MANGLMCEM 526371 NMDC Ltd. 63 20 Sep 18 NMDC
532662 HT Media 60 18 Sep 18 HTMEDIA 532162 JK Paper Ltd. 69 10 Aug 18 JKPAPER 530011 Mangalore Chem. 43 31 Aug 18 MANGCHEFER 500730 NOCIL Ltd. 71 19 Jul 18 NOCIL
540530 HUDCO 46 17 Sep 18 HUDCO 530007 JK Tyre & Industries 89 16 Aug 18 JKTYRE 500109 Mangalore Refine 78 2 Jul 18 MRPL 500672 Novartis 72 20 Jul 18 -
509820 Huhtamaki PPL 67 27 Apr 18 PAPERPROD 523405 JM Financial Ltd. 47 14 May 18 JMFINANCIL 539207 Manpasand Beverage 12 11 Sep 18 MANPASAND 530367 NRB Bearings Lim 11 3 Aug 18 NRBBEARING
500199 I G Petrochemicals 20 21 Aug 18 IGPL 522263 JMC Projects 25 1 Aug 18 JMCPROJECT 503101 MarathonNextgenRea 25 12 Sep 18 MARATHON 532555 NTPC 75 8 Sep 18 NTPC
532174 ICICI Bank 44 28 Aug 18 ICICIBANK 523398 Johnson Controls-Hit 26 21 Jul 18 JCHAC 531642 Marico Ltd. 41 28 Jul 17 MARICO 531209 Nucleus Software 24 26 Jun 18 NUCLEUS
540716 ICICI Lombard Gen. 47 6 Jul 18 ICICIGI 533148 JSW Energy Ltd. 75 31 Jul 18 JSWENERGY 524404 Marksans Pharma 72 22 Sep 18 MARKSANS 533273 Oberoi Realty 25 27 Jun 15 OBEROIRLTY
540133 ICICI Pru Life 47 20 Jun 18 ICICIPRULI 532642 JSW Holdings 47 12 Jun 18 JSWHL 532500 Maruti Suzuki India 8 17 Aug 18 MARUTI 542216 Odisha Cement 17 - DALBHARAT
541179 ICICI Securities 47 24 Aug 18 ISEC 500228 JSW Steel 54 10 Jul 18 JSWSTEEL 540749 Mas Financial Servic 47 15 Jun 18 MASFIN 533106 Oil India Ltd. 66 15 Sep 18 OIL
500116 IDBI Bank Ltd. 45 7 Aug 18 IDBI 520057 JTEKT India 7 4 Aug 18 JTEKTINDIA 523704 Mastek Li 24 13 Jul 18 MASTEK 532439 Olectra Greentech 34 22 Sep 18 OLECTRA
539437 IDFC First Bank 44 25 Jul 18 IDFCFIRSTB 533155 Jubilant Foodworks L 41 21 Sep 18 JUBLFOOD 500271 Max Financial Servic 47 19 Sep 18 MFSL 532880 Omaxe Ltd. 25 18 Aug 18 OMAXE
532659 IDFC L 47 25 Jul 18 IDFC 530019 Jubilant Life Scienc 72 15 Sep 18 JUBILANT 539981 Max India 47 19 Sep 18 MAXINDIA 500312 ONGC 66 23 Sep 17 ONGC
507438 IFB Agro Indus 12 21 Jul 18 IFBAGRO 535648 Just Dial 81 14 Sep 15 JUSTDIAL 539940 Max Ventures and Ind 47 19 Sep 18 MAXVIL 530135 Optiemus Infracom 85 22 Sep 18 OPTIEMUS
505726 IFB Industries 26 21 Jul 18 IFBIND 532926 Jyothy Laboratories 41 18 Jul 18 JYOTHYLAB 522249 Mayur Uniquoters 74 6 Jul 18 MAYURUNIQ 532466 Oracle Financial Ser 24 8 Aug 18 OFSS
500106 IFCI Ltd. 47 22 Sep 18 IFCI 500233 Kajaria Ceramics 19 21 Aug 18 KAJARIACER 532654 McLeod Russel 73 3 Aug 18 MCLEODRUSS 535754 Orient Cement Ltd. 17 13 Aug 18 ORIENTCEM
540774 IFGL Refractories 64 20 Aug 18 IFGLEXPOR 522287 Kalpataru Power 76 1 Aug 18 KALPATPOWR 534091 MCX 47 25 Aug 18 MCX 541301 Orient Electric 34 12 Jul 18 ORIENTELEC
517380 Igarashi Motors Indi 34 4 Aug 18 IGARASHI 533302 Kalyani Investment 47 21 Aug 18 KICL 512267 Media Matrix Worldwi 40 24 Sep 18 - 502420 Orient Paper 69 7 Jul 18 ORIENTPPR
532636 IIFL Holdings 47 25 Jul 18 IIFL 500235 Kalyani Steel 54 14 Aug 18 KSL 531146 Medicamen Biotec 72 20 Sep 18 - 534076 Orient Refractories 64 28 Aug 18 ORIENTREF
530005 India Cements Lt 17 14 Sep 18 INDIACEM 532468 Kama Holdings Ltd. 47 21 Sep 18 - 532865 Meghmani Organics 70 21 Jul 18 MEGH 500078 Oriental Aromatics 20 15 Sep 18 -
500201 India Glycols 20 28 Jul 18 INDIAGLYCO 532741 Kamdhenu L 54 16 Sep 18 KAMDHENU 523828 Menon Bearings L 11 15 Jul 18 MENONBE 500315 Oriental Bank of 45 23 Jun 18 ORIENTBANK
540565 India Grid Trust 47 - INDIGRID 500165 Kansai Nerolac Paint 68 15 Jun 18 KANSAINER 539126 MEP Infrastructure 53 27 Jul 18 MEP 506579 Oriental Carbon 15 25 Jun 18 OCCL
532240 India Nippon Ele 7 21 Aug 18 INDNIPPON 532652 Karnataka Bank 44 13 Jul 18 KTKBANK 500126 Merck Ltd. 72 23 May 18 MERCK 500314 Oriental Hotels 52 21 Jul 18 ORIENTHOT
- India Power Corp 75 17 Sep 18 DPSCLTD 590003 Karur Vysya Bank 44 13 Jul 18 KARURVYSYA 538962 Minda Corporation 7 23 Jul 18 MINDACORP 590086 Orissa Minerals Deve 63 19 Sep 18 ORISSAMINE
532189 India Tourism De 52 24 Sep 18 ITDC 532899 Kaveri Seed Company 50 19 Sep 18 KSCL 532539 Minda Industries 7 2 Aug 18 MINDAIND 500459 P&G Hygiene&Health 41 23 Nov 18 PGHH
535789 Indiabulls Housing F 46 17 Sep 18 IBULHSGFIN 539276 Kaya L 41 27 Jul 18 KAYA 532819 MindTree Ltd. 24 11 Jul 18 MINDTREE 532827 Page Industries Ltd. 86 16 Jul 18 PAGEIND
533520 Indiabulls Integrate 25 24 Sep 18 IBULISL 590066 KCP Ltd. 17 24 Jul 18 KCP 500279 Mirc Electronics 26 17 Aug 18 MIRCELECTR 532900 Paisalo Digital L 47 23 Sep 18 PAISALO
532832 Indiabulls Real Esta 25 24 Sep 18 IBREALEST 532714 KEC International Lt 76 24 Jul 18 KEC 526642 Mirza International 56 19 Sep 18 MIRZAINT 531349 Panacea Biotec L 72 24 Sep 18 PANACEABIO
532960 Indiabulls Ventures 47 17 Sep 18 IBVENTURES 517569 KEI Industries 13 13 Sep 18 KEI 541195 Mishra Dhatu Nig 54 22 Sep 18 MIDHANI 524820 Panama Petrochem 20 17 Aug 18 PANAMAPET
532814 Indian Bank 45 23 Jun 18 INDIANB 505890 Kennametal India 38 1 Nov 18 - 539594 Mishtann Foods L 1 21 Sep 18 - 539889 Parag Milk Foods 41 13 Sep 18 PARAGMILK
540750 Indian Energy Exchan 47 12 Sep 18 IEX 502937 Kesoram Industri 31 7 Jul 18 KESORAMIND 513377 MMTC Ltd. 87 15 Sep 18 MMTC 531120 Patel Engg. Ltd. 25 22 Sep 15 PATELENG
500850 Indian Hotels Co 52 13 Jul 18 INDHOTEL 540775 Khadim India 56 31 Aug 18 KHADIM 533286 MOIL Ltd. 63 9 Sep 17 MOIL 532742 Paushak Ltd. 20 30 Jul 18 -
504741 Indian Hume Pipe 18 10 Jul 18 INDIANHUME 524019 Kingfa Science & Tec 74 21 Sep 18 KINGFA 533080 Mold-Tek Packaging 74 23 Sep 18 MOLDTKPAC 534809 PC Jeweller L 30 22 Sep 18 PCJEWELLER
533047 Indian Metal & F 54 11 Jul 18 IMFA 540680 KIOCL 63 25 Aug 18 KIOCL 513446 Monnet Ispat & Energ 54 20 Dec 18 AIONJSW 538730 PDS Multi. Fashions 86 15 Sep 18 PDSMFL
530965 Indian Oil Corp 78 23 Aug 18 IOC 532967 Kiri Industries 32 21 Sep 18 KIRIINDUS 524084 Monsanto India 70 8 Aug 18 MONSANTO 513228 Pennar Industrie 54 20 Sep 18 PENIND
532388 Indian Overseas 45 4 Jul 18 IOB 500241 Kirloskar Bros. 38 20 Jul 15 KIRLOSBROS 538836 Monte Carlo Fashions 86 21 Sep 18 MONTECARLO 533179 Persistent Systems 24 21 Jul 18 PERSISTENT
533329 Indian Terrain Fashi 86 15 Sep 18 INDTERRAIN 500245 Kirloskar Ferrou 54 16 Jul 18 - 500288 Morepen Labs.Lt 72 15 Sep 18 MOREPENLAB 532522 PetronetLNG 78 8 Sep 18 PETRONET

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 49


Databank Company Index
Ticker Company Ind. Book NSE Ticker Company Ind. Book NSE Ticker Company Ind. Book NSE Ticker Company Ind. Book NSE
Code Closure Code Code Closure Code Code Closure Code Code Closure Code
500680 Pfizer Ltd. 72 31 Aug 18 PFIZER 539450 S H Kelkar & Company 20 3 Aug 18 SHK 513262 Steel Strips Wheels 7 22 Sep 18 SSWL 538569 Triveni Enterprises 86 7 Aug 18 -
506590 Phillips Carbon 15 20 Jul 18 PHILIPCARB 540048 S P Apparels Ltd. 86 11 Sep 18 SPAL 530759 Sterling Tools L 38 22 Sep 18 STERTOOLS 533655 Triveni Turbine 35 7 Sep 18 TRITURBINE
503100 Phoenix Mills 25 13 Sep 18 PHOENIXLTD 532710 Sadbhav Engineering 25 15 Sep 18 SADBHAV 532374 Sterlite Technologie 14 23 Jun 18 STRTECH 507747 TTK Healthcare Ltd. 72 6 Aug 18 TTKHLTCARE
523642 PI Industries 70 1 Aug 18 PIIND 506642 Sadhana Nitro 32 24 Aug 18 - 504959 Stovec Indus. 39 26 Apr 18 - 517506 TTK Prestige L 26 24 Jul 18 TTKPRESTIG
500331 Pidilite Inds. 20 24 Aug 18 PIDILITIND 523025 Safari Indus. 67 4 Aug 18 - 532531 Strides Pharma Scien 72 15 Sep 18 STAR 540762 Tube Investments 29 1 Aug 18 TIINDIA
539883 Pilani Investmen 47 8 Sep 18 PILANIINVS 502090 Sagar Cements 17 21 Sep 18 SAGCEM 526951 Stylam Industries 55 21 Sep 18 - 532515 TV Today Network Ltd 40 4 Sep 18 TVTODAY
500302 Piramal Enterprises 72 23 Jul 18 PEL 515043 Saint-Gobain Sekurit 48 28 Jul 18 - 506655 Sudarshan Chem. 32 23 Jul 18 SUDARSCHEM 532800 TV18 Broadcast 40 14 Aug 18 TV18BRDCST
523648 Plastiblends Ind 74 4 Aug 18 PLASTIBLEN 532713 Sakuma Exports 87 22 Sep 18 SAKUMA 533306 Summit Securities 47 20 Sep 18 SUMMITSEC 532343 TVS Motor Co. Ltd. 6 28 Jul 15 TVSMOTOR
532366 PNB Gilts Ltd. 47 8 Sep 18 PNBGILTS 526725 Sandesh 60 21 Sep 18 SANDESH 532872 Sun Pharma Advanced 64 21 Jul 18 SPARC 509243 TVS Srichakra Lt 89 21 Sep 18 TVSSRICHAK
540173 PNB Housing Finance 46 21 Jul 18 PNBHOUSING 541163 Sandhar Technologies 7 4 Sep 18 SANDHAR 524715 Sun Pharma. 72 19 Sep 18 SUNPHARMA 532505 UCO Bank 45 21 Jun 18 UCOBANK
539150 PNC Infratech 25 23 Sep 18 PNCINFRA 504918 Sandur M & I Ore 63 27 Aug 18 - 532733 Sun TV Network Ltd. 40 15 Sep 17 SUNTV 530131 Udaipur Cement Works 17 3 Aug 18 -
532486 Pokarna Ltd. 49 8 Sep 18 POKARNA 526521 Sanghi Industrie 18 29 Sep 15 SANGHIIND 520056 Sundaram Clayton 7 19 Aug 15 SUNCLAYLTD 500148 Uflex Ltd. 67 26 Jul 18 UFLEX
540717 Polo Queen Industria 41 17 Sep 18 - 530073 Sanghvi Movers L 39 30 Jul 18 SANGHVIMOV 500403 Sundaram Fasten. 7 12 Aug 17 SUNDRMFAST 539141 UFO Moviez India Ltd 40 3 Aug 18 UFO
531768 Poly Medicure Lt 61 20 Sep 18 POLYMED 500674 Sanofi India 72 1 May 18 SANOFI 590071 Sundaram Finance 47 6 Jul 18 SUNDARMFIN 539874 Ujjivan Financial 47 21 Jun 18 UJJIVAN
524051 Polyplex Corpn. 67 22 Sep 18 POLYPLEX 519260 Sanwaria Consumer 33 27 Sep 18 SANWARIA - Sundaram Finance Hol 47 6 Jul 18 SUNDARMHLD 506685 Ultramarine Pig. 32 28 Jul 18 -
532810 Power Finance Co 47 1 Sep 18 PFC 504614 Sarda Energy & Miner 54 27 Aug 18 SARDAEN 500404 Sunflag Iron 54 8 Sep 18 SUNFLAG 532538 UltraTech Cement 17 12 Jul 18 ULTRACEMCO
532898 Power Grid Corpo 76 12 Sep 18 POWERGRID 532163 Saregama India Ltd. 40 21 Jul 18 SAREGAMA 512179 Sunteck Realty Ltd. 25 24 Sep 18 SUNTECK 506690 Unichem Labs 72 23 Jul 18 UNICHEMLAB
539302 Power Mech Projects 77 22 Sep 18 POWERMECH 532663 Sasken Technologies 24 14 Jul 18 SASKEN 532509 Suprajit Enginee 7 11 Aug 18 SUPRAJIT 532477 Union Bank of In 45 21 Jun 18 UNIONBANK
539351 Prabhat Dairy 41 15 Sep 18 PRABHAT 539201 Satia Industries 69 24 Sep 18 - 509930 Supreme Inds. 74 21 Jun 18 SUPREMEIND 500429 Uniphos Enterprises 87 11 Aug 18 UNIENTER
522205 Praj Industries 39 31 Jul 18 PRAJIND 539404 Satin Creditcare 47 30 Jun 18 SATIN 500405 Supreme Petroche 71 16 Jul 18 SUPPETRO 532646 Uniply Industries 55 20 Sep 18 UNIPLY
506022 Prakash Indus. 31 24 Jul 18 PRAKASH 524667 Savita Oil Tech 71 22 Sep 18 SOTL 500336 Surya Roshni Ltd 54 11 Sep 18 SURYAROSNI 533171 United Bank of I 45 2 Jul 18 UNITEDBNK
540724 Prataap Snacks 41 21 Sep 18 DIAMONDYD 523710 Sayaji Hotels Lt 52 11 Sep 18 - 532782 Sutlej Textiles & In 86 25 Aug 18 SUTLEJTEX 532478 United Breweries Ltd 12 11 Sep 18 UBL
540901 Praxis Home Retail L 79 - PRAXIS 500112 SBI 45 19 Jun 18 SBIN 530239 Suven Life Sciences 72 11 Aug 18 SUVEN 532432 United Spirits 12 1 Sep 18 MCDOWELL-N
539636 Precision Camshafts 7 20 Sep 18 PRECAM 540719 SBI Life Insurance 47 - SBILIFE 532667 Suzlon Energy Ltd. 39 21 Jul 18 SUZLON 504212 Universal Cables 13 25 Jul 18 UNIVCABLES
523539 Precision Wires 62 1 Sep 18 PRECWIRE 505790 Schaeffler India 11 11 Apr 18 SCHAEFFLER 503310 Swan Energy Ltd. 86 5 Sep 18 SWANENERGY 512070 UPL 70 11 Aug 18 UPL
533274 Prestige Estates Pro 25 12 Sep 18 PRESTIGE 534139 Schneider Electric 34 8 Sep 18 SCHNEIDER 500407 Swaraj Engines 38 14 Jul 18 SWARAJENG 517146 Usha Martin Ltd. 54 11 Sep 18 USHAMART
532748 Prime Focus 40 22 Sep 18 PFOCUS 526807 Seamec Ltd. 83 20 Sep 18 SEAMECLTD 517385 Symphony 26 4 Aug 18 SYMPHONY 532729 Uttam Sugar Mills 84 16 Sep 17 UTTAMSUGAR
500338 Prism Johnson 17 4 Aug 18 PRSMJOHNSN 540673 Security and Intelli 81 22 Jun 18 SIS 532276 Syndicate Bank 45 22 Jun 18 SYNDIBANK 534976 V Mart Retail 79 22 Jun 18 VMART
534675 Prozone Intu Propert 77 24 Sep 15 PROZONINTU 512529 Sequent Scientific 72 19 Sep 16 SEQUENT 539268 Syngene Internationa 64 - SYNGENE 532953 V-Guard Ind.Ltd. 34 25 Jul 18 VGUARD
540544 PSP Projects 25 20 Sep 18 PSPPROJECT 502450 Seshasayee Paper 69 12 Jul 18 SESHAPAPER 531426 T Nadu Newsprint 69 13 Sep 18 TNPL 532867 V2 Retail 79 23 Sep 18 V2RETAIL
532524 PTC India 75 31 Aug 18 PTC 505075 Setco Automotive 7 22 Sep 18 SETCO 532390 Taj GVK Hotels & Res 52 28 Jul 18 TAJGVK 533269 Va Tech Wabag Ltd. 38 3 Aug 18 WABAG
533344 PTC India Financial 47 31 Aug 18 PFS 524324 Seya Industries 20 22 Sep 18 - 532890 Take Solutions Ltd. 24 4 Aug 18 TAKE 532156 Vaibhav Global Ltd. 30 23 Jul 18 VAIBHAVGBL
533295 Punj. & Sind Ban 45 23 Jun 18 PSB 501423 Shaily Engineering P 74 6 Aug 18 - 519091 Tasty Bite 41 25 Jul 18 TASTYBITE 511431 Vakrangee 24 22 Sep 18 VAKRANGEE
532461 Punj. NationlBak 45 12 Sep 18 PNB 531431 Shakti Pumps (In 38 20 Sep 18 SHAKTIPUMP 500770 Tata Chemicals 21 18 Jul 18 TATACHEM 540145 Valiant Organics 20 22 Sep 18 -
506618 Punjab Chemicals and 70 13 Sep 18 PUNJABCHEM 540797 Shalby 51 11 Sep 18 SHALBY 532301 Tata Coffee Ltd. 73 20 Jun 18 TATACOFFEE 500439 Vardhman Holdings 47 17 Sep 18 VHL
532891 Puravankara 25 19 Sep 18 PURVA 540425 Shankara Building Pr 87 10 Jun 18 SHANKARA 500483 Tata Communications 65 3 Aug 18 TATACOMM 502986 Vardhman Textiles Lt 86 17 Sep 18 VTL
532689 PVR Ltd. 40 20 Sep 18 PVR 522034 Shanthi Gears 7 27 Jul 18 SHANTIGEAR 532540 Tata Consultancy 24 15 Jun 17 TCS 541578 Varroc Engineering 7 - VARROC
539978 Quess Corp 81 23 Jul 18 QUESS 538666 Sharda Cropchem 70 23 Aug 18 SHARDACROP 500408 Tata Elxsi Ltd. 24 18 Jul 18 TATAELXSI 540180 Varun Beverages Ltd. 12 10 Apr 18 VBL
539678 Quick Heal Technolog 24 2 Aug 18 QUICKHEAL 535602 Sharda Motor Ind 7 21 Sep 18 SHARDAMOTR 500800 Tata Global Beverage 73 22 Jun 18 TATAGLOBAL 500295 Vedanta 63 20 Aug 18 VEDL
532735 R Systems Internat. 24 24 May 18 RSYSTEMS 540203 Sheela Foam 71 12 Jul 18 SFL 501301 Tata Investment 47 17 Jul 18 TATAINVEST 523261 Venky's (India) Ltd. 50 10 Sep 18 VENKEYS
532497 Radico Khaitan Ltd. 12 28 Aug 18 RADICO 538685 Shemaroo Entertainme 40 5 Sep 18 SHEMAROO 513434 Tata Metaliks 54 23 Jun 18 TATAMETALI 520113 Vesuvius India 64 29 Apr 15 VESUVIUS
500339 Rain Industries 17 5 May 18 RAIN 530549 Shilpa Medicare L 72 10 Sep 18 SHILPAMED 500570 Tata Motors Ltd. 9 20 Jul 16 TATAMOTORS 532401 Vijaya Bank 45 23 Jun 18 VIJAYABANK
532503 Rajapalayam Mill 86 7 Aug 15 - 523598 Shipping Corpn. 83 21 Sep 18 SCI 500400 Tata Power Co. 75 14 Jul 18 TATAPOWER 524394 Vimta Labs Ltd. 51 20 Aug 18 VIMTALABS
531500 Rajesh Exports L 30 22 Sep 18 RAJESHEXPO 532638 Shoppers Stop 79 23 Jul 18 SHOPERSTOP 513010 Tata Sponge Iron 54 12 Jul 18 TATASPONGE 524200 Vinati Organics 20 19 Jul 18 VINATIORGA
500355 Rallis India 70 21 Jun 18 RALLIS 500387 Shree Cement 17 24 Jul 18 SHREECEM 500470 Tata Steel 54 7 Jul 18 TATASTEEL 517015 Vindhya Telelink 14 25 Jul 18 VINDHYATEL
532369 Ramco Industries 18 17 Sep 15 RAMCOIND 532670 Shree Renuka Sugars 84 21 Sep 18 RENUKA 500055 Tata Steel BSL 54 19 Sep 18 TATASTLBSL 507880 VIP Indus. 74 10 Jul 18 VIPIND
532370 Ramco Systems Lt 24 6 Aug 15 RAMCOSYS - Shrenik L 69 - SHRENIK 532371 Tata Teleservices (M 65 26 Sep 18 TTML 511726 Vipul Ltd. 25 23 Sep 18 VIPULLTD
532527 Ramkrishna Forgings 16 15 Sep 18 RKFORGE 520151 Shreyas Shipping & L 83 13 Jul 18 SHREYAS 540212 TCI Express 57 27 Jul 18 TCIEXP 509055 Visaka Indus. 18 9 Jun 18 VISAKAIND
533262 Ramky Infrastructure 25 24 Sep 15 RAMKY 532498 Shriram City Uni 47 19 Jul 18 SHRIRAMCIT 532349 TCI Ltd. 88 28 Jul 18 TCI 538598 Vishal Fabrics Ltd. 86 27 Sep 17 -
532661 Rane (Madras) 7 24 Jul 15 RML 532945 Shriram EPC Ltd. 77 30 Jul 18 SHRIRAMEPC 541700 TCNS Clothing 86 - TCNSBRANDS 532822 Vodafone Idea L 65 15 Dec 18 IDEA
532987 Rane Brake Lining Lt 7 13 Jul 15 RBL - Shriram Pistons 7 4 Jul 18 SHRIPISTON 539658 TeamLease Service 81 1 Jul 17 TEAMLEASE 532757 Voltamp Transformers 76 7 Aug 18 VOLTAMP
505800 Rane Holdings Ltd. 47 5 Aug 15 RANEHOLDIN 511218 Shriram Trans.Fi 47 20 Jul 18 SRTRANSFIN 532755 Tech Mahindra Ltd. 24 28 Jul 18 TECHM 500575 Voltas Ltd. 31 7 Aug 18 VOLTAS
524230 Rashtriya Chemicals 43 20 Sep 18 RCF 520086 Sical Logistics 57 14 Sep 18 SICAL 542141 Techno Electric&Eng 39 - TECHNOE 539118 VRL Logistics Ltd. 57 1 Aug 15 VRLLOG
520111 Ratnamani Metals 54 3 Aug 18 RATNAMANI 500550 Siemens Ltd. 38 30 Jan 19 SIEMENS 532804 Technocraft Industri 54 26 Sep 18 TIIL 509966 VST Industries 41 21 Sep 18 VSTIND
534597 RattanIndia Infra 53 24 Sep 18 RTNINFRA 523838 Simplex Infrastructu 25 19 Sep 18 SIMPLEXINF 540595 Tejas Networks 65 18 Jul 18 TEJASNET 531266 VST Tillers Tr 10 5 Aug 18 VSTTILLERS
533122 RattanIndia Power 75 24 Sep 18 RTNPOWER 502742 Sintex Industrie 86 8 Sep 18 SINTEX 505400 Texmaco Infrastructu 25 30 Aug 18 TEXINFRA 533023 WABCO India 7 16 Sep 17 WABCOINDIA
504341 Ravindra Energy Ltd. 75 21 Sep 18 - 540653 Sintex Plastics Tech 74 8 Sep 18 SPTL 533326 Texmaco Rail & Engin 39 30 Aug 18 TEXRAIL 523660 Waterbase Ltd. 5 24 Sep 15 -
500330 Raymond Ltd 86 24 May 18 RAYMOND - Sirca Paints India 68 21 Sep 18 SIRCA 533158 Thangamayil Jeweller 30 26 Jul 18 THANGAMAYL 533452 Weizmann Forex 47 1 Aug 18 WEIZFOREX
540065 RBL Bank 44 28 Jul 18 RBLBANK 503811 Siyaram Silk 86 31 Jul 18 SIYSIL 590062 The Andhra Sugars 31 17 Sep 18 ANDHRSUGAR 532144 Welspun Corp 54 27 Jun 18 WELCORP
532955 REC 47 19 Sep 18 RECLTD 533206 SJVN Ltd. 75 19 Sep 18 SJVN 522073 The Hi-Tech Gears 7 23 Sep 18 HITECHGEAR 532553 Welspun Enterprises 25 27 Jun 18 WELENT
532805 Redington (India) Lt 23 24 Jul 18 REDINGTON 500472 SKF India 11 17 Jul 18 SKFINDIA 540954 The Indian Wood Prod 55 11 Sep 18 - 514162 Welspun India 86 27 Jun 18 WELSPUNIND
530517 Relaxo Footwears 56 21 Sep 18 RELAXO 538562 Skipper Ltd. 38 3 Aug 18 SKIPPER 530023 The Investment Trust 47 20 Dec 18 THEINVEST 505412 Wendt India 38 14 Jul 18 WENDT
500111 Reliance Capital 47 15 Sep 18 RELCAPITAL 505192 SML Isuzu Ltd. 9 3 Aug 18 SMLISUZU 540769 The New India Assur 47 23 Jul 18 NIACL 500444 West Coast Paper 69 11 Aug 18 WSTCSTPAPR
532712 Reliance Com 65 15 Sep 18 RCOM 532815 SMS Pharmaceuticals 72 13 Sep 18 SMSPHARMA 500260 The Ramco Cements 17 31 Jul 15 RAMCOCEM 505533 Westlife Development 52 24 Sep 16 -
540709 Reliance Home Fin 46 15 Sep 18 RHFL 538635 Snowman Logistics Lt 57 21 Jul 18 SNOWMAN 500411 Thermax 38 30 Jul 18 THERMAX 590073 Wheels India Ltd. 7 10 Aug 18 WHEELS
523445 Reliance Ind.Inf 77 24 May 16 RIIL 532784 Sobha 25 27 Jul 18 SOBHA 500412 Thirumalai Chem. 20 18 Jul 18 TIRUMALCHM 500238 Whirlpool of Ind 26 10 Sep 18 WHIRLPOOL
500325 Reliance Inds. 78 12 May 15 RELIANCE 532725 Solar Industries Ind 64 20 Jul 18 SOLARINDS 500413 Thomas Cook (I) 64 21 Sep 18 THOMASCOOK 526586 Wim Plast Ltd 74 30 Jul 18 -
500390 Reliance Infrastruct 75 15 Sep 18 RELINFRA 541540 Solara Active Pharma 72 20 Sep 18 SOLARA 539871 Thyrocare Tech. 51 4 Aug 18 THYROCARE 522029 Windsor Machines 39 5 Sep 18 WINDMACHIN
533107 Reliance Naval 82 26 Sep 18 RNAVAL 507514 Som Distilleries 12 21 Sep 18 SDBL 504973 TI Financial Holding 47 25 Jul 18 TIFIN 507685 Wipro Ltd 24 17 Jul 18 WIPRO
540767 Reliance NipLifeAML 47 15 Sep 18 RNAM 531548 Somany Ceramics Ltd. 19 17 Aug 18 SOMANYCERA 590005 Tide Water Oil 59 8 Aug 18 TIDEWATER 532300 Wockhardt Ltd. 72 27 Jul 18 WOCKPHARMA
532939 Reliance Power L 75 15 Sep 18 RPOWER 532221 Sonata Software 24 6 Aug 18 SONATSOFTW 532856 Time Technoplast Ltd 67 17 Sep 18 TIMETECHNO 538268 Wonderla Holidays Lt 64 1 Aug 18 WONDERLA
532915 Religare Enterprises 47 13 Sep 18 RELIGARE 532679 SORIL Infra Resource 79 24 Sep 18 SORILINFRA 500414 Timex Group India 26 1 Aug 18 - 505872 WPIL Ltd. 38 8 Aug 18 -
532923 Renaissance Jeweller 30 31 Jul 18 RJL 532218 South Indian Ban 44 5 Jul 18 SOUTHBANK 522113 Timken India Ltd 11 4 Aug 18 TIMKEN 532616 Xchanging Solutions 24 20 Sep 18 XCHANGING
535322 Repco Home Finance L 46 19 Sep 18 REPCOHOME 534425 Speciality Restauran 52 21 Aug 18 SPECIALITY 504966 Tin Plate Co. 62 19 Jun 18 TINPLATE 532648 YES Bank Ltd. 44 6 Jun 18 YESBANK
532687 Repro India Ltd. 60 26 Jul 18 REPRO 542337 Spencer's Retail 79 - SPENCERS 532966 Titagarh Wagons Ltd. 39 22 Sep 18 TWL 522108 Yuken India 38 31 Aug 18 -
505509 Responsive Industrie 74 2 Jun 18 RESPONIND 590030 SPIC 43 19 Jul 17 SPIC 500114 Titan Company 26 25 Jul 18 TITAN 505537 Zee Entertainment En 40 11 Jul 15 ZEEL
520008 Rico Auto Inds. 7 22 Sep 18 RICOAUTO 500285 Spicejet Ltd. 2 23 Nov 18 - 500420 Torrent Pharmac 72 20 Jun 18 TORNTPHARM 533287 Zee Learn Ltd. 81 17 Sep 18 ZEELEARN
541556 Rites Ltd. 77 13 Sep 18 RITES 533121 SQS India BFSI 24 21 Jul 18 SQSBFSI 532779 Torrent Power Ltd. 75 12 Jun 18 TORNTPOWER 532794 Zee Media Corp 40 1 Aug 15 ZEEMEDIA
500365 RMG Alloy Steel 54 19 Sep 18 - 523756 SREI Infrastructure 47 13 Jul 18 SREINFRA 526650 Tourism Finance 47 4 Aug 18 TFCILTD 533339 Zen Technologies Ltd 24 22 Sep 18 ZENTEC
500350 RSWM Ltd. 86 7 Sep 18 RSWM 503806 SRF Ltd. 86 1 Aug 18 SRF 506687 Transpek Indus. 20 1 Aug 18 - 504067 Zensar Technologies 24 1 Aug 18 ZENSARTECH
503169 Ruby Mills 86 21 Sep 18 RUBYMILLS 513605 Srikalahasthi Pipes 54 13 Sep 18 SRIPIPES 500251 Trent Ltd. 79 31 Jul 18 TRENT 505163 ZF Steering Gear 7 21 Aug 18 -
533552 Rupa & Company L 86 25 Aug 18 RUPA 540575 Star Cement 17 25 Jul 18 STARCEMENT 532159 Trescon L 50 22 Sep 18 - - Zota Healthcare 72 4 Aug 18 ZOTA
533470 Rushil Decor Ltd. 55 17 Sep 18 RUSHIL 512531 State Trading 87 19 Sep 18 STCINDIA 521064 Trident Ltd. 86 28 May 18 TRIDENT 534742 Zuari Agro Chemicals 43 21 Jul 18 ZUARI
540497 S Chand & Company 81 19 Sep 18 SCHAND 500113 Steel Authority 54 21 Aug 18 SAIL 532356 Triveni Eng.&Ind.Ltd 84 21 Sep 15 TRIVENI 531335 Zydus Wellness Ltd. 41 20 Jul 18 ZYDUSWELL

50 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Cover Story

The most important stock price influencer is the earnings


growth. The Q3FY19 earnings have not been disappointing, but
these have failed to meet the growth investors' expectations.
Shohini Nath and Yogesh Supekar evaluate Corporate India’s
performance in the latest earnings season.

52 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


T
his earnings season (Q3FY19), the Chetan Nayani, who has been tracking earnings of listed stocks
performance of Corporate India has got for almost 10 years now, says “Honestly, the earning have not
nothing that can disturb the investors, but met growth expectations of investors since last five-odd years.
there is also very little to cheer them up. Every year, in the beginning of the year, there is hope built into
Corporate India has failed to live up to the the investors' expectations of healthy growth in earnings. It has
expectations of the growth investors once not been coming since last five years, and the recent
again in the December quarter. performance, while it is not bad, does look like it is not good
The robustness in earnings was missing, enough to cheer up growth investors. Growth has to pick up for
which is required by the growth investors to pump in money stocks to meet investors' expectations.”
into the Indian equities. The previous few quarters provided
excuses such as demonetisation and GST for the sluggish Indeed, most of the companies that declared results showed
growth. This quarter, the markets expected a much smarter flattish growth. To be precise, almost 1414 companies have come
growth from India Inc. up with flat growth in the earnings this season. A good 983 stocks
have declared positive results, while 682 stocks have declared
One can surmise that the IL&FS saga and the impact of higher negative results. This means that almost half of the listed stocks
crude oil prices weighed on the markets in the previous quarter. have declared flattish results, while close to 22 per cent have
The higher borrowing cost and increased raw material prices declared negative results. This goes to explain why we are seeing a
impacted the latest quarterly performance of the companies. very narrow list of stocks pushing the markets higher.
While the sales grew by a healthy 20 per cent for Nifty
companies, the net profits adjusted for one-time exceptional Sensex stocks performance :
items grew by a mere 4 per cent. This goes to reflect how tough The table below highlights the growth in sales and profits on
the competition is getting for the Indian businesses. Poor both Q0Q and YoY basis for sensex stocks. We can see that, on
profitability was also due to the increase in raw material an average, the sales have grown by 20 per cent on YoY basis
prices. and by 4 per cent on QoQ basis.

Sensex stocks Q3FY19 Performance


Company Name Net Sales QoQ growth (%) YoY growth (%) Profit After Tax QoQ growth (%) YoY growth (%)
Reliance Industries 171336.00 10 56 10352.00 8 10
Tata Consultancy Services 37338.00 1 21 8121.00 2 24
HDFC Bank 25890.26 7 26 5585.85 12 20
Hindustan Unilever 9357.00 2 12 1444.00 -5 9
ITC 11340.15 2 15 3209.07 9 4
Housing Development Finance Corp. 10555.18 3 20 2113.80 -14 -60
Infosys 21400.00 4 20 3610.00 -12 -30
Kotak Mahindra Bank 7744.58 6 21 1822.79 6 13
State Bank Of India 64910.26 6 14 4823.29 542 -377
ICICI Bank 16280.40 8 19 1604.91 77 -3
Maruti Suzuki India 18926.40 -12 0 1489.30 -34 -17
Oil & Natural Gas Corporation 27694.09 -1 20 8262.70 0 65
Larsen & Toubro 35708.87 11 24 2418.75 -10 35
Axis Bank 14129.73 6 21 1680.85 113 131
Bajaj Finance 4664.77 15 39 1022.73 11 48
HCL Technologies 15699.00 6 23 2605.00 3 26
Asian Paints 5293.99 14 24 631.73 27 15
Coal India 23385.43 13 13 4565.74 48 50
Bharti Airtel 20519.20 0 1 392.40 357 17
NTPC 24120.36 8 16 2385.41 -2 1
Sun Pharmaceutical Industries 7656.71 12 16 1459.19 -1464 311
Power Grid Corporation Of India 8471.17 2 13 2490.74 31 16
IndusInd Bank 5763.47 6 34 985.03 7 5
Bajaj Auto 7243.07 -8 16 1101.16 -4 16
Mahindra & Mahindra 13070.36 1 13 1076.81 -35 -11
Vedanta 23669.00 4 -3 2332.00 23 -19
Tata Steel 40457.11 -6 22 1701.20 -44 61
Hero MotoCorp 7864.82 -13 8 769.10 -21 -5
Yes Bank 7958.94 10 57 1001.85 4 -7
Tata Motors 76264.69 7 6 -26823.22 2349 -2890

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 53


Cover Story
Large Caps Vs Mid caps Vs Small caps

O
ut of the 1035 companies that includes 91 large cap stocks, 104 mid-cap and 840 small caps filtered for observations based
on market capitalisation we find an impressive 76 per cent of large-caps posted growth on QoQ basis. Only 59 per cent
mid-caps declared growth in sales on QoQ basis, while 56 per cent of the small-caps announced growth in sales on a
quarterly basis.

Similarly, we find that almost 54 per cent of large-caps that declared results have shown growth in PAT on a quarterly basis, even as
49 per cent of mid-caps have been able to do so. Among small-cap companies, we have 46 per cent companies that have declared
growth in profits on a QoQ basis.

No of
Companies Per cent stocks Per cent stocks Per cent stocks
reporting Net Sales QoQ that declared that declared PBIDT QoQ that declared
Q3FY19 results Growth growth QoQ PAT QoQ Growth growth QoQ Growth growth QoQ
Large Cap 91 69 76% 49 54% 57 63%
Mid Caps 104 61 59% 51 49% 48 46%
Small Caps 840 469 56% 384 46% 416 50%

Looking at the table above, we can say that, on an average, higher percentage of large-caps have posted sales growth on QoQ basis
when compared to mid-caps and small-caps. However, when we look at the profitability record, there is not much of a difference
between the large-caps, mid-caps and small-caps. But when we consider operational performance, we find that large-caps fare
better than mid-caps and small-caps.

Ms. Vineeta Sharma


Head Of Research
Also, banking specially,
Narnolia Financial Advisors Limited.
corporate lenders which has the

T
he index has corrected more than 30% at a stretch only maximum lever for Nifty’s
four times in a span of last 20 years, i.e in year 2000- earning growth should report
2001 (~50%), 2004 (~33%) , 2006 (~ 30%), 2008
(~60%). In year 2013, 2015 and 2018, the correction was high profits growth in FY20 as
13%-18%. Since year 1999, the index has multiplied by 12.3 NPA provisioning decline and core
times in 20 years from 890 in 1999 to 10,800 in 2019. One year profits before provisioning
forward growth estimates for these years were either negative
or lesser than previous year's growth figures. The average PE of continue with growth
Nifty ranges in the band of 12 to 22 times, averaging around above 12%.
18x. Interestingly, the highest trailing PE of Nifty has been as
high as 60 times (in 1992).
growth of 8-10% in Nifty. In 2018, Nifty earnings grew by 8%,
Historically, PE is nothing but market price divided by while in 2019, Nifty is expected to grow by 11%. For FY20,
earnings. As earnings keep growing, the market re-adjusts the Nifty earnings are expected to grow by 20%+ and this has
price according to the growth. A higher trailing PE is caused the high trailing PE to sustain. The sales growth of
sustainable if the earnings appear sustainable. Nifty EPS CAGR Indian companies are seeing robust 20%+ growth, while the
since 2001 to 2008 was 21%. Since 2009 to 2017, the Nifty net profits have shown muted growth owing to GST
CAGR was 4.5% only. In fact, since 2014, Nifty EPS has grown implementation, demonetisation and several global and
by a mere 4%. In FY14, Nifty EPS was 407, while in FY17, Nifty domestic macro changes. We believe as sales are sustainable, it
EPS was a mere 423. From FY18, we are seeing a sustainable provides a strong base for net profit growth.

54 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Sectoral Performance
Private Banks

P rivate banks reported an average sales growth of 23 per cent and average PAT growth of 19 per cent on a YoY basis. The
average PBIDT growth rate for the sector came in at 21 per cent. RBL Bank reported the highest sales growth of 42 per cent,
whereas the lowest sales growth of 1 per cent was seen by Karur Vysya Bank. Axis Bank saw a turnaround and reported a
jump in profit by 131 per cent. The worst net profit was also reported by Karur Vysya Bank as its profits sank by 70 per cent.

Private Banks Q3FY19 Performance


Company Name Net Sales QoQ growth (%) YoY growth (%) Net Profit QoQ growth (%) YoY growth (%)
HDFC Bank 25890.26 7 26 5585.85 12 20
Kotak Mahindra Bank 7744.58 6 21 1822.79 6 13
ICICI Bank 16280.40 8 19 1604.91 77 -3
Axis Bank 14129.73 6 21 1680.85 113 131
IndusInd Bank 5763.47 6 34 985.03 7 5
Bandhan Bank 1649.55 3 40 331.27 -32 10
City Union Bank 966.62 4 12 178.11 6 15
RBL Bank 1638.93 12 42 225.19 10 36
The Federal Bank 2954.41 7 18 333.63 25 28
Karur Vysya Bank 1442.76 -1 1 21.20 -75 -70
Cover Story
Auto

T
he auto sector witnessed a slowdown in Q3FY19 due to lower demand. The average growth rates in sales, PAT and PBIDT
for the sector stood at 11 per cent, 14 per cent and 2 per cent, respectively. The PAT margin for the industry remained flat
at 9.23 per cent and registered a de-growth of -0.37 per cent. The standout performer in a difficult quarter for the industry
was Escorts, which reported a sales growth of 37 per cent and a PAT growth of 52 per cent. The highest PAT growth, however, was
reported by Force Motors at 87 per cent.

Auto Q3FY19 Performance


Company Name Net Sales QoQ growth (%) YoY growth (%) Net Profit QoQ growth (%) YoY growth (%)
Maruti Suzuki India 18926.40 -12% 0% 1489.30 -34% -17%
Bajaj Auto 7243.07 -8% 16% 1101.16 -4% 16%
Mahindra & Mahindra 13070.36 1% 13% 1076.81 -35% -11%
Eicher Motors 2328.25 -3% 3% 491.48 0% 7%
Hero MotoCorp 7864.82 -13% 8% 769.10 -21% -5%
Force Motors 826.05 -6% 10% 27.34 -31% 87%
Ashok Leyland 6245.21 -15% -11% 380.84 -17% -21%
TVS Motor Company 4663.98 -7% 26% 178.39 -16% 16%
Escorts 1655.06 18% 37% 140.11 37% 52%
VST Tillers Tractors 145.98 1% -12% 10.11 10% -68%

IT

T
he Q3FY19 was a strong quarter for the IT sector. The sector recorded average growth rates of 20 per cent in sales and 21
per cent in PAT. The PAT margins for the industry were largely flat and the average PAT margin stood at 16.14 per cent, a
de-growth of -0.69 per cent YoY. Larsen and Toubro Infotech recorded the highest sales growth rate at 31 per cent, with
Mindtree coming in second at 30 per cent. Wipro’s growth rate was the lowest among its peers at 10 per cent. Infosys results
disappointed the markets as the company registered a de-growth of 30 per cent YoY in its profits.

IT Q3FY19 Performance
Company Name Net Sales QoQ growth (%) YoY growth (%) Net Profit QoQ growth (%) YoY growth (%)
Tata Consultancy Services 37338.00 1 21 8121.00 2 24
Infosys 21400.00 4 20 3610.00 -12 -30
Wipro 15059.50 4 10 2543.80 35 32
HCL Technologies 15699.00 6 23 2605.00 3 26
Tech Mahindra 8943.70 4 15 1220.00 14 32
Larsen & Toubro Infotech 2472.90 6 31 375.50 -6 33
Oracle Financial Services Software 1185.85 -2 12 306.02 -13 6
Mphasis 1970.96 3 19 277.97 3 29
Mindtree 1787.20 2 30 191.20 -7 35
Hexaware Technologies 1252.42 4 25 123.43 -28 2

FMCG

T
he FMCG sector continues to remain steady. The average sales growth for the sector stood at 11 per cent YoY, with the PAT
growth also coming in at 11 per cent. The margin for the industry stood at 14.64 per cent, down by 0.64 per cent YoY. The
highest sales growth in the sector was recorded by Procter & Gamble Hygiene & Health Care Ltd at 16 per cent, with ITC
and Marico coming in a close second at 15 per cent. Godrej Consumer Products registered the lowest sales growth among its peers
at 4 per cent YoY.

56 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


FMCG Q3FY19 Performance
Company Name Net Sales QoQ growth YoY growth (%) Net Profit QoQ growth (%) YoY growth (%)
(%)
Hindustan Unilever 9357.00 2 12 1444.00 -5 9
ITC 11340.15 2 15 3209.07 9 4
Nestle India 2878.83 -1 11 341.76 -23 10
Dabur India 2199.21 3 12 366.69 -3 10
Britannia Industries 2827.40 -1 11 300.65 -1 14
Godrej Consumer Products 2696.42 2 4 423.47 -27 -1
Marico 1860.97 1 15 251.70 16 13
United Spirits 7763.60 9 9 192.40 -26 43
Procter & Gamble Hygiene & Health Care 818.07 3 16 124.12 -14 -5
Colgate-Palmolive (India) Ltd. 1091.63 -6 6 192.10 -2 13

Q3FY19: Sector-wise Performance Snapshot


Market Cap Sales Sales growth YoY PAT PAT growth YoY PBIDT
Pvt Banks 143160.73 7846.07 23% 1276.88 19% 1090.38
Auto 58859.91 6980.36 11% 628.28 14% 766.76
IT 108885.03 8821.89 20% 1282.15 21% 1687.17
FMCG 118284.83 4283.33 11% 684.60 11% 963.06
*AU Small Finance bank, IDFC First bank,Yes Bank, United Breweries, Tata Motors & HMT results have been excluded n All above numbers are sector averages

Conclusion : While the growth is visible in corporate earnings, it is not enough for the stock prices to be re-rated. It looks like the
PAT growth will be driven by banks in the coming quarters. Banks will be the biggest beneficiaries of lower G-sec yields and robust
trading income. For a change, it does look like the PSU banks will contribute heavily to the earnings growth going forward. The IT,
capital goods and FMCG sectors can be expected to contribute positively, while there is a possibility of contraction in auto, pharma,
NBFC and cement sectors. Investors should focus on those sectors for investment where there is good earnings growth visibility. DS
Our research-backed recommendations have been our greatest strength

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CHOICE SCRIP
RECOMMENDATIONS UPDATE FOR THE LAST ONE YEAR
Recom. Recom. Exit Exit Return
Company Name
Date Price Date Price (%)
20-Jun-17 Tata Motors 468.00 19-Jun-18 304.65 -34.90
06-Jul-17 Power Finance Corporation 122.60 27-Oct-17 147.60 20.39
19-Jul-17 Dredging Corporation Of India 624.65 09-Nov-17 711.90 13.97
03-Aug-17 TCPL Packaging 658.55 03-Aug-18 481.25 -26.92
17-Aug-17 Tata Metaliks 667.80 20-Nov-17 826.20 23.72
31-Aug-17 Tata Sponge Iron 815.25 10-Jan-18 1124.45 37.93
14-Sep-17 Symphony 1429.80 18-Dec-17 1672.00 16.94
12-Oct-17 Time Technoplast 198.40 12-Oct-18 127.05 -35.96
26-Oct-17 Esab India 865.30 07-Sep-18 947.20 9.46
09-Nov-17 CCL Products India 319.65 09-Nov-18 290.00 -9.28
23-Nov-17 Bajaj Finance 1763.85 09-Apr-18 1933.60 9.62
07-Dec-17 Minda Industries 1103.85 23-May-18 1292.00 17.04
21-Dec-17 J B Chemicals & Pharmaceuticals 325.00 07-Sep-18 345.40 6.28
04-Jan-18 Kalpataru Power Transmissions 481.35 04-Jan-19 381.50 -20.74
18-Jan-18 IFB Industries 1460.10 18-Jan-19 889.00 -39.11
01-Feb-18 Eveready Industries India 415.10 01-Feb-19 216.70 -47.80
15-Feb-18 Essel Propack 139.66 15-Feb-19 105.55 -24.43
01-Mar-18 Colgate-Palmolive (India) 1051.65 21-May-18 1231.00 17.05
15-Mar-18 Escorts 854.20 29-May-18 940.45 10.10
28-Mar-18 Balkrishna Industries 1079.80 16-Apr-18 1317.85 22.05
12-Apr-18 Va Tech Wabag 508.20 Open -43.65
26-Apr-18 Blue Star 785.40 Open -21.19
10-May-18 Natco Pharma 797.75 Open -28.25
24-May-18 Tata Chemicals 717.20 06-Feb-19 595.00 -17.04
07-Jun-18 Tata Sponge Iron 1088.65 Open -32.44
21-Jun-18 Bajaj Auto 2833.80 03-Dec-18 2733.15 -3.55
05-Jul-18 KEI Industries 406.35 Open -19.70
18-Jul-18 Ashoka Buildcon 147.85 Open -21.54
02-Aug-18 Take Solutions 204.05 Open -35.70
16-Aug-18 Trent 363.00 Open -10.19
30-Aug-18 Finolex Industries 602.65 Open -22.69
12-Sep-18 Chambal Fertilisers & Chemicals 158.65 Open -0.98
27-Sep-18 ITD Cementation India 125.00 Open -15.20
11-Oct-18 V Mart Retail 2032.20 31-Oct-18 2400.60 18.13
25-Oct-18 Escorts 572.65 02-Nov-18 685.90 19.78
05-Nov-18 Crisil 1495.00 03-Jan-19 1645.00 10.03
22-Nov-18 Indian Hotels Company 134.30 12-Dec-18 148.00 10.20
06-Dec-18 Tech Mahindra 725.25 08-Feb-19 817.00 12.65
20-Dec-18 Bandhan Bank 556.00 Open -13.49
03-Jan-19 Godrej Consumer Products 807.65 Open -18.51
17-Jan-19 ITC 296.00 Open -6.72
31-Jan-19 Biocon 649.40 Open -4.53
14-Feb-19 Shoppers Stop 500.20 Open -2.19

58 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


QueryBoard
Investment Horizon
Query-Specific

DHANUKA AGRITECH DWARIKESH SUGAR


I own 150 shares of Dwarikesh Sugar. Should I hold
I have some shares of Dhanuka Agritech bought at for the long term or should I exit ?
`417. Should I hold now or sell? - Viraj
- Mohit

EXIT HOLD
BSE/NSE Code 507717 / DHANUKA BSE Code 532610 / DWARKESH
Face Value `2 Face Value `1
CMP `401.65 CMP `26.90
52-Week High `649 / Low `358.25 52-Week High `39.00 / Low `14.05
Your Current (3.68 per cent) Your Current --
Profit/(Loss) Profit/(Loss)

D D
hanuka Agritech is engaged in the marketing and warikesh Sugar is a market leader in the Indian sugar
formulation of plant protection agro-chemicals, which industry. It is a multi-faceted, diversified industrial group
include insecticides, herbicides, plant growth engaged in the manufacture of sugar and allied products.
regulators and fungicides. The company’s portfolio has over 80 The company operates in three segments, namely, sugar,
products. The company has a pan-India presence through its co-generation and distillery. The company’s sugar manufacturing
marketing offices in all major states in India, with a network of units have a combined production capacity of 21500 tonnes of
7500 distributors and dealers selling to more than 70,000 sugarcane per day. The company’s 30 kilolitres per day distillery
retailers across India. The specialty molecules comprise of over uses molasses to produce industrial alcohol. The distillery is
half of the company’s revenues and the remaining comprises of equipped to produce rectified spirit and alcohol. The company’s
generics. On the financial front, the company reported net 90 MW power plants at its manufacturing units produce
sales of `216.79 crore for Q3FY19 as against `221.51 crore for approximately 90 MW power using bagasse.
the corresponding quarter last year.
On the financial front, the company reported net sales of `231.98
The company reported a net profit of `14.60 crore in Q3FY19 crore for the quarter ended December 2018 as against `272.80
down 49 per cent as against `28.59 crore in the corresponding crore, registering a de-growth of 15 per cent YoY. The company’s
quarter last year. The company reported a PBT of `22.14 crore PAT came in at `23.93 crore for the quarter ended December
in the quarter ended December 2018 as against `36.05 crore in 2018 as against `21.30 crore in the corresponding quarter last
the corresponding quarter last year. On the annual front, net year. The company’s PBT stood at `31.56 crore as against `22.12
sales for the company stood at `952.42 crore, up by 29.24 per crore in Q3FY18. On the annual front, the FY18 net sales came
cent in FY18 as against `736.93 crore in FY17.The net profit for in at `1458.28 crore as against `1256.1 crore in FY19, registering
the company came in at `126.18 crore in FY18 as against a growth of 16 per cent YoY. The net profit for the company stood
`93.14 crore in FY17.We recommend our reader-investors to at `101.45 crore, down 35 per cent as against `156.1 crore in FY
EXIT over the next six months. 17.We recommend a HOLD for short-term gains.

Readers are requested to send only one query at a time so that more readers get a chance. For complaints regarding non-receipt of
dividend, bonus, rights and other matters, investors may write to www.investor.sebi.gov.in

Company Name: DEMOCRATIZING WEALTH CREATION

Vol. No. 34 No.07


Query:
Send in your queries:
DSIJ Pvt. Ltd.
C-101, 1st Floor, Trade Center,
Name: North Main Road, Near Axis Bank,
Opp. Lane No. 6, Koregaon Park,
Address:
Pune - 411001
E-mail: Email:editorial@DSIJ.in

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 59


QueryBoard
Investment Horizon
Query-Specific

KEI INDUSTRIES RELIANCE POWER


I have some shares of Reliance Power bought at
Is it a good time to enter KEI Industries? What would `70. Should I hold? Will it be worthy in the future?
you recommend? What is the future of power sector?
- Sunil - Bala Subramanium

BUY EXIT
BSE/NSE Code 517569 / KEI BSE/NSE Code 532939 / RPOWER
Face Value `2 Face Value `10
CMP `327.95 CMP `10.80
52-Week High `494.80 / Low `248.40 52-Week High `46.60 / Low `9.15
Your Current -- Your Current (84.57 per cent)
Profit/(Loss) Profit/(Loss)

K R
EI Industries Limited is engaged in the manufacture and eliance Power Limited is engaged in the business of
supply of power and other industrial cables. The generation of power. The company operates through two
company’s business segments include cables, which segments: power generation and associated business
consists of extra high voltage (EHV), high tension (HT) and low activities. The associated business activities segment includes
tension (LT) power cables, control and instrumentation cables, project management, supervision and support services for
winding wires, and flexible and house wires; stainless steel wire, generation and allied processes. The company’s projects under
which consists of stainless steel wires, and turnkey projects. Its development include coal, gas, hydro, wind and solar-based
product portfolio includes specialty cables, rubber cables, energy projects. It develops, constructs and operates power
submersible cables and polyvinyl chloride (PVC)/poly-wrapped projects, both in India as well as internationally. The company on
winding wires. Its products are used in power, oil refineries, its own and through its subsidiaries has a portfolio of power
railways, automobiles, cement, steel, fertilizers, textiles and real generation capacity, both in operation, as well as capacity under
estate sectors. development. It has approximately 6,000 megawatts (MW) of
operational power generation assets.
On a standalone financial basis, the net sales stood at
`1,087.49 crore in Q3FY19, an increase of 22.37 per cent as On the consolidated financial front, the company has secured net
compared to `888.66 crore in the same quarter of the previous sales of `2,100 crore in Q3FY19 quarter, witnessing a drop of 15.81
year. The PBIDT has gone up almost 40 per cent as it reached per cent on a YoY basis from `2494.65 crore. The company’s
`117.68 crore in Q3FY19 versus `84.30 crore in Q3FY18. The PBIDT was reported at `1126.38 crore in Q3FY19 as against
net profit has risen by 24 per cent to `48.40 crore as against `1195 crore in the same quarter of the previous year, thus
`39.02 crore in the same quarter of the previous fiscal. portraying a slight slip of 5.81 per cent. The company posted net
profit of `188.27 crore in Q3FY19 as against a net loss of `25.26
On the annual front, the company’s net sales in FY18 were at crore in the third quarter of FY18.
`3,458.80 crore, increasing by 32 per cent from `2,628.46 crore
in FY17. The PBIDT in FY18 came in at `347.69 crore as On the annual front, the net sales in FY18 came in at `9,839 crore,
compared to `279.08 crore in FY17, thereby showing an a decline of 5 per cent from `10,395 crore in FY17. The PBIDT for
increase of 25 per cent. The PAT has jumped by 54 per cent in FY18 stood at `4,916.13 crore as compared to `5,002.5 crore in
FY18 to `144.56 crore versus `98.83 in FY17.On the valuation FY17. The net profit for FY18 came in at `1,034.81 crore versus
front, the company is currently trading at a PE of 14.23x on its `1,104.16 crore in FY17. The company thus seen a drop of 6 per
TTM earnings. The P/BV stood at 3.39x. The return on equity cent in net profit in FY18.On the valuation front, the company is
(ROE) stood at 27.46 per cent while the return on capital currently trading at a PE of 3.42x on its TTM earnings as against
employed (ROCE) stood at 23.19 per cent. the industry PE of 10.90x. The return on equity (RoE) stood at
4.71 per cent and the return on capital employed (RoCE) was 7.67
We recommend our reader-investors to buy the stock of the per cent. Looking at the deteriorating financial performance, we
company as it seems like a profitable time to enter looking at the would suggest to our reader-investors to EXIT slowly over a
consistent growth in the financials and the latest quarterly three-month period as the company seems to be portraying a
earnings. We recommend a BUY on the stock as we expect it will downward trend on the bourses.
do well in the future.

60 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Investment Horizon
Query-Specific

EDELWEISS FINANCIAL SERVICES TRENT


I am holding 150 shares of Edelweiss Fnancial I had bought certain shares of Trent at `357. Please
Services bought at `220. Kindly advice on this stock suggest what should I do now.
- Siva - Rajkumar

HOLD HOLD
BSE/NSE Code 532922 / EDELWEISS BSE/NSE Code 500251 / TRENT
Face Value `1 Face Value `10
CMP `141.05 CMP `324
52-Week High `342 / Low `116.15 52-Week High `391.75 / Low `295.10
Your Current (35.90 per cent) Your Current (10.18 per cent)
Profit/(Loss) Profit/(Loss)

E T
delweiss Financial Services Ltd is a diversified financial rent Limited is engaged in the business of retailing of
services company in India providing services such as consumer products. The company’s segments include
investment banking, institutional equities, private client retailing and others. It primarily operates stores across
broking, asset management and investment advisory services, three formats: Westside, Star and Landmark. Westside offers
wealth management, insurance broking and wholesale apparel, footwear and accessories for men, women and children,
financing services to corporate, institutional and high networth along with furnishings, decor and a range of home accessories.
individual clients. The company’s business line can be broadly It offers products in approximately 60 cities across over 90
classified as investment banking, wherein the company stores. Star hypermarket and convenience store chain offers a
provides full range of services and transaction expertise, range of products, including staple foods, beverages, health and
including private placements of equity, capital raising services beauty products, apparel, home furnishings, vegetables, fruits,
in public markets, mezzanine and convertible debt, mergers dairy and non-vegetarian products. The Star brand operates
and acquisition and restructuring advisory services. The through approximately 30 stores under Star Daily, Star Market
company offers its services to clients who are leading domestic & Star Hyper banners. Landmark is a family entertainment
and international institutional investors, including pension format that offers a range of toys, front-list books and sports
funds, hedge funds, mutual funds, insurance companies . merchandize. Westside offers in-house fashion brands.

On the financial front on a consolidated basis, the net sales of On the financial front, on a standalone basis, the net sales stood
the company jumped 27.35 per cent YoY and stood at at `656.47 crore in Q3FY19 as compared to `521.32 crore in the
`2,751.72 crore in Q3FY19 as against `2,160 crore in the same same period of the previous quarter, an increase of 25.92 per
quarter of the previous year. The profit before interest, cent. The PBIDT has increased marginally by 5 per cent in
depreciation and tax (PBIDT) of the company has also risen by Q3FY19 to reach `72.59 crore as against `68.61 crore in
25 per cent and stood at `1688.44 crore in Q3FY19 as against Q3FY18. The PAT was `40.28 crore, an increase of 6 per cent in
`1,344.93 crore in the same quarter of the previous year. In Q3FY19 over `37.89 crore in Q3FY18.
terms of profit after tax (PAT), the company witnessed a rise of
18 per cent posting PAT of `258.16 crore in Q3FY19 while in On the annual front, the net sales rose by 23 per cent to reach
Q2FY18 it was `218.64 crore. `2,247.27 crore in FY18, while in FY17 it had clocked sales of
`1,825.84 crore in FY17. The PBIDT was `256.51 crore in FY18,
On the annual front, the company posted net sales of `10,586 moving up by 33 per cent from `192.81 crore in FY17. The net
crore in FY18, a decline of 22 per cent from `3879.80 crore in profit for FY18 was `116.73 crore as against `106.87 crore in
FY17. The PBIDT of the company grew 30 per cent to FY17. The company thus witnessed a 9 per cent growth on its
`5059.43 crore in FY18 as against `3859.34 crore in the net profit.
previous fiscal. The PAT stood at `858.38 crore in FY18, while
in FY17 it was 548.48 crore, posting a jump of 57 per cent.
The company has posted good financial numbers and
We would advise our reader-investors to HOLD to get returns valuations. We would recommend a HOLD on the company to
over the next two years or EXIT at `180 and book partial loss. reap benefits in the near future.
(Closing price as of Feb 26, 2019)

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 61


Reviews
In this edition, we have reviewed Meghmani Organics and Oricon Enterprises. We suggest our reader-investors to
HOLD in Meghmani Organics and Oricon Enterprises.

Change Scrip’s Movement


MEGHMANI ORGANICS EXIT 44.57 Per Cent
CMP - `50.35
100
BSE CODE Reco. Price Face Value 90
532865 `90.85 `1

W
80

e had recommended chemicals and others. The company 70


Meghmani Organics in vol 33, produces pesticides for crop and 60
issue no. 14 dated June 11-24, non-crop applications such as for insect
2018, under the ‘Low Priced Scrip’ control in wood preservation, foodgrain 50

section when the stock was trading at storage and public health .The com- 40

`90.85. Meghmani Organics was pany’s brand names include Megastar,


founded in 1986 as a partnership firm by Megacyper, Megaban, Synergy and
the name of Gujarat Industries to Courage. The company’s basic chemical
manufacture pigments. The company’s portfolio includes caustic soda, hydrogen net sales on a standalone basis came in
high productivity and profitability and chlorine. at `1238 crore ,registering a growth of
transformed Gujarat Industries into a 18.35 per cent in FY18 as against
joint stock company under the name of On the financial front, the company 1046.19 crore in FY17. The PBT for
Meghmani Organics Limited in 1995. posted sales of `552.3 crore as against the company stood at `121.55 crore in
Since then, the company has diversified `450.4 crore in the corresponding FY18 as against 65.47 crore in FY17.
its business interests to include a range of quarter last year, registering an increase The company’s PAT jumped 85 per cent
pesticides and other pigment products as of 22.6 per cent YoY. The EBITDA for the to `76.93 crore in FY18 from `41.51
well. company came in at `145 crore, up 23.7 crore in FY17. Since our recommenda-
per cent YoY. The PAT for the quarter tion, the stock has fallen 44.57 per cent.
Meghmani Organics is an India-based came in at `79.4 crore as against `62.6 However, we suggest our investor-read-
manufacturer of pigment and pesticide crore in the corresponding quarter last ers to HOLD the stock as we expect the
products. The company’s segments year, registering a growth of 26.8 per cent company to deliver better performances
include pigments, agro chemicals, basic YoY. On the annual front, the company’s in the future.

Change Scrip’s Movement


ORICON ENTERPRISES HOLD 22.30 Per Cent
CMP - `25.25
36

BSE CODE Reco. Price Face Value 34


513121 `32.50 `2 32

W
30
e had recommended Oricon Q3FY19 and came in at `145.44 crore as 28
Enterprises Ltd in Vol 33, against `85.97 crore in Q3FY18.
26
issue 26 under the “Low The PBIDT has climbed 214 per cent in
Priced Scrip” when the stock was trading Q3FY19 to reach `11.86 crore as 24

at `32.25. It was recommended owing to compared to `3.77 crore in the same 22

the robust revenue growth, chemical quarter of the previous year. The PAT 20

stocks being in favor and the company’s was reported at `6.89 crore as against a Dec-18 Jan-19 Feb-19

capex plans. loss of `2.97 crore in Q3FY18.


The stock since our recommendation has
Oricon Enterprises is engaged in the On the annual front, the company’s net fallen by 22.30 per cent. The company
business of manufacturing of pentanes, sales have gone up 35 per cent in FY18 has reflected strong financials as
liquid colorants and pet bottles. The versus `38.88 crore in FY17. The PBIDT stated above. Also, the stock is trading
Company’s segments include Logistics, has climbed 92 per cent in FY18 to 0.59 times its book value and we expect
Automobiles, Packaging, Real Estate, `20.76 crore as compared to `10.84 crore the company to deliver a good
Petrochemical, Trading, Liquid in FY17. The company has witnessed a quarter in the future. We therefore
Colorants and Others. PAT growth of 91 per cent to `15.45 recommend our investor-readers to
crore in FY18 versus `8.07 crore in HOLD the stock. DS

The net sales have gone up 69 per cent in FY17. (Closing price as of Feb 26, 2019)

62 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Kerbside
The recommendations provided in this column are taken from various market
sources such as brokers, analysts, dealers and investment strategists, etc. These
recommendations may not be backed by strong fundamentals. Therefore we advise
readers to use their own discretion before investing in these recommendation

VOLUME GROWTH
Bajaj Auto, the flagship of the Bajaj group,
Bajaj Auto is the world’s third largest manufacturer of
BSE Code: 532977 motorcycles and the largest manufacturer
CMP: `2,851.50 of three-wheelers. The company reported a
decent set of volume growth in the industry
over the past couple of months. In January 2019, its sales were up by
15 per cent. There are whispers on the street that the company may
come out with decent set of sales numbers for the month of February
2019, hence, smart investors are already seen accumulating the
stock. The management expects the company’s ongoing strong
momentum in domestic motorcycle segment to continue in FY20 as
well due to new product launches, coupled with its own thrust on
market share.

BOUNCE BACK GST BENEFIT


Recently, the
Divis Laboratories stock came Sobha
BSE Code: 532488 under BSE Code: 532784
CMP: `1619.70 hammering as CMP: `430.75
news broke
out about Income Tax Department The realty sector has
conducting search at the company’s got a booster shot with
head office. However, in a recent Goods and Service Tax
update, the search operation has (GST) Council deciding to
been concluded on February 18, slash rates on under-
and as per company notification, no construction apartments
irregularities have been found. or project to 5 per cent
Technically, the stock is ripe for a from the existing 12 per
quick bounce-back and witness a cent and GST rates on affordable housing to 1 per cent from the
retest of the breakout. Traders can current 8 per cent. With this major development, one can look to
take exposure in this scrip for some buy Sobha. Risk-takers can go for this scrip and hope to make
trading gains. some quick buck.

Dalmia Bharat Sugar and


Industries
AND FINALLY.. BSE Code: 500097
CMP: `116.85
The Company is engaged in the manufacture of
sugar, generation of power, and manufacturing of
industrial alcohol and refractory products.
The stocks of sugar sector have been buzzing lately
on the bourses. The stock of Dalmia Bharat Sugar
and Industries has a decent technical set-up. Also,
there is a buzz in the market that bull operators and
HNIs are accumulating the scrip. You too can jump
onto the bandwagon and hope to make some DS
quick buck!
(Closing price as of Feb 26, 2019)

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 63


MF Page - 01

facebook.com/DSIJin twitter.com/DSIJ

Vol. 34. No. 07 • MAR 04 - 17, 2019 www.dsij.in/apps.aspx


enquiry@dsij.in linkedin.com/in/DalalStreetInvestmentJournal

Time For The Regulator Investing in Mutual Funds


I liked the way you put forward the cover story and explained the

To Act Tough various ways in which one can invest in mutual funds and also
explained which mode is meant for whom. Would have loved to

A
know more about online modes and which online platforms are
tacit understanding has been reached last week the best.
between couple of promoters and mutual fund - Ravi Mishra
houses. The understanding is that the MF houses
will not sell the pledged shares of the promoters till Editor Responds: Good to know you liked our story. There are
September 30. If the value of the shares goes below a threshold various online platforms offering different services at different price
level, it will fail to cover the loan amount. The incident that led points. You can select any of them based on your requirement.
to such an arrangement between the promoters and MF
houses shows how deeply the debt and equity funds are
intertwined, which may be jeopardising an investor’s asset
allocation plan.

MFs mostly give funds to promoter of a company under the


debt segment schemes such as credit risk, short-term and
Content
medium-term plans and dynamic bond funds by accepting
their listed shares as collateral. As the value of shares falls, MFs
Cover Story
start selling these shares and the share value drops further as
supply outstrips demand. This starts a vicious cycle that When Should You Exit
MF Page
2
impacts both the shares of the company and the debt funds.
Many a time, the treasury department of the company whose From Your Mutual Fund
shares have been pledged invests in debt funds issued by the
MF house that has extended loan against shares (LAS) to the
promoters. This shows how deeply they are interconnected and
throws up a possibility of the debt fund going belly up. Financial Planning MF Page
6
LAS is not something new and has been in use over the last
couple of decades. Nonetheless, in the last few years, and
especially after demonetisation and the fall in interest rates,
Special Report MF Page
8
LAS has increased considerably. The strong inflow of investible When, Why And How Much
funds along with lesser number of opportunities to generate
better returns led to the chase for yields, leading the fund To Invest In Mid-Cap Funds?
managers to take risky bets such as LAS. The problem is that as
most of the investors invest in debt funds for their safety, LAS
defeat this very purpose. Knowledge Series MF Page
10
Therefore, this is an apt time for the regulator to act tough and How Much Do You Need
force the MF houses to make more elaborate disclosures for
debt schemes that have promoter-backed bonds in their
To Save And Invest?
portfolios. This will help investors to select the right debt
mutual funds that match their risk profiles.
Special Report MF Page
14
Be Alert !!! While Investing
SHASHIKANT In Debt MFs
DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 65
Cover Story MF page - 02

When Should
You

From Your
Mutual Fund

Exiting from your MF investment is as critical as investing in them.


DSIJ analyses different situations that should prompt you to exit
from a particular mutual fund scheme.

S
urendra Lal Phathak, a tech-savvy investor, wanted to suffering continued as the fund kept on underperforming and
start his investment journey in mutual fund. He he lost 20 per cent of the invested value in the next few months.
searched and went through all the websites explaining He had read that MF investment gives better return in the long
why, when and how to invest in mutual funds. After run and hence he was not perturbed too much by the recent fall
going through all this pain, he zeroed in on a couple of in the value of his fund. Moreover, he was advised that time in
funds. These funds were given 5-star ratings by various MF the market is more important than timing the market.
rating agencies and had excellent past performance. He finally Nonetheless, after a few more months, he had lost even more
made investment in one of these 5-star crowned funds. For the despite market continuing to perform better. Finally, he could
few months, the fund continued to perform according to his not take the fall in his investment value further and decided to
expectation, however, after that, the performance was flat for a sell his units and do a fixed deposit.
couple of months. This despite most of the market and his wife’s
investment was doing fine. He shrugged this off as a temporary The ordeal of Surendra Lal Phathak may not be shared by a
phenomenon as the 5-star rating was still maintained. His majority of the mutual fund investors, but there are many

66 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


MF page - 03

investors who have gone through this experience and have lost industry in the US, between 2006 to 2011, among the large-cap,
faith in investment in mutual fund. Nonetheless, barring a few mid-cap and small-cap (excluding US large-cap) stock funds
incidents, there are very few instances of a sudden drop in the that were seeing the most outflows, just 20% of them survived
NAV of a mutual fund. Long before such a fall, there are for the next three years, and out of this, only 26 per cent
warning signals that keep on appearing on the horizon which outperformed their respective category peers in the same
should not be ignored. period. An interesting conclusion of the study is that even the
large inflows impact the fund performance adversely, going
In the following paragraphs, we will talk about why following forward.
legendary investor Warren Buffet may not be the best idea. He
had once said, “Our holding period is forever”. Hence, you should always look at the redemption of the funds
in which you have invested. Heavy outflows give you early
The Warning Signals signal of bad performance going forward.
In recent months, there have been instances in both equity as
well as debt markets that have led to the serious Higher volatility
underperformance of the funds holding these company’s Volatility, which is measured by standard deviation, also gives
instruments. You cannot do much with such stray incidences; some indication of future performance of the fund. If you find
however, in other cases, if you take corrective action at the right the standard deviation, which measures the fluctuation of the
time, it will improve your investment experience. return from its average, increasing, it is a good time to look
closely at the fund. If it continues for a while, it would be
The following triggers should be considered by you to stop your prudent to exit the fund. It has been observed that heightened
investment through systematic investment plan (SIP) as well as volatility in returns of the fund is followed by a subdued
lumpsum investments. performance subsequently. In our study of large-cap funds for
the year 2018, we have found that funds that have shown
Persistent Fall In Performance: increase in volatility have generated lower returns in the
The first red flag you should keep an eye on is the decline in the following months
performance of the fund. Even the best fund managers go
through short-term bouts of underperformance; however, a When the investment objective of the fund changes
consistent decline in the performance of the fund should be The most logical way a fund is selected and invested is to assess
more than enough for you to take a closer look at the fund. whether it suits your risk-return profile and whether its
Nonetheless, the fund's performance should be compared with investment objective matches yours. Nonetheless, many a time,
its peers and benchmarks. This is important because a wrong MF schemes change their fundamental attributes and
comparison might lead to a wrong decision. For example, last objectives. This is followed by change in asset allocation of the
year (2018), even if you had invested in the best of small-cap or fund, which changes its risk-return profile.
mid-cap funds, chances are they would have underperformed
as compared to the large-cap funds. The reason being the entire Investors are given an option to exit from the fund after a
mid-cap and small-cap stocks went through a huge correction change in the objective. They need not pay any exit load, but
and hence all funds dedicated to these categories they have to pay taxes, if any. You need to check if the new
underperformed the large-cap funds. Such comparison with objective matches with your risk-return profile and financial
large cap funds would have led you to selling your mid-cap objective. If it does not, it is better to exit from the scheme.
fund that has outperformed its category and benchmark.
Frequent churning in the top management
Therefore, the performance of the fund should be done with a There is no one-to-one correlation between churning in the top
right perspective that will help you to take proper decision. If a management and the fund’s performance. Nonetheless, among
fund is underperforming its peers and benchmark for a the 5 Ps (people, portfolio, process, performance and
consistent period of time, it is better to exit the fund. philosophy) that determines the performance of a fund, ‘people’
remains at the top. Any change in the fund manager impacts
High Redemption the performance of the fund, more so if the change is quite
Sometimes it helps you to follow the crowd and not your gut often. It has been observed that part of the positive
feeling. It might happen that you may could miss the warning performance of a mutual fund is determined by how long the
signal that others could see. Therefore, huge redemptions from mutual fund manager has been managing the fund. Although,
a fund may be a precursor to the bad performance of the fund. there is a very weak correlation, an increase in the management
Not only heavy outflows, gush of inflows also have a negative tenure leads to an increase returns of a fund. Hence, be wary of
impact on the investment strategy implementation and those funds whose fund managers change frequently. Moreover,
performance. Heavy outflows can force a manager to sell the many of you might be looking at the long term performance of
holdings he would have otherwise held. the fund to invest in it. However, if the current fund manager
has remained for the last one year, it does not make sense to
According to a study done by Morningstar of the mutual fund look at the performance of the past five years when the current

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 67


Cover Story
MF page - 04

fund manager was not there. Hence, a frequent change in the You have reached your financial goal
management should ring a warning bell in your ears. Continuing further on the above point, you should ideally exit
from the fund after 20 years. This has to be done despite the
The factors discussed above have more to do with the fund and fund where you have invested is doing well. A perfect example
fund houses. You wanted to remain invested in the fund, but would be, say, your goal was achieved in the year 2017.
could not continue because of the fund-related issues. There are However, looking at the buoyant market, you continued to
genuine cases when despite everything being good about the remain invested looking for higher returns. The year 2018
fund; you need to exit the fund. would have made a big dent in your accumulated returns, and
in fact, chances are high that your goal would not have been
Rebalancing your portfolio met. Since you cannot forecast the future, it is better to stick to
Rebalancing of your portfolio, which is often overlooked, is one your financial plan and exit when you have achieved your
of the most important aspects of overall financial planning. financial goal. It is better to be safe than sorry.
While rebalancing your portfolio, you may find that a
particular fund no more fits in with your plan of achieving your Consider exit load and taxes before exiting
financial goals or it has outlived its utility. In such a scenario, Once you are clear about the reason you want to exit from the
even if the fund is generating better return, you may have to fund, the next step is to exit wisely. This is because there are two
exit it. For example, your financial plan requires you to increase costs involved while you exit a fund. First is the exit load and
your allocation towards large-cap funds as you grow older. This the second is the tax.
is because large-caps are considered less risky. In that case, you
need to redeem some of the mid-cap or small-cap funds and An exit load is the fee charged by mutual fund houses when an
invest in large-cap funds. investor sells or redeems his investment in that fund within a
specified period. This charge is calculated as a percentage of the
Change in asset allocation NAV at which you are exiting the fund and not on the NAV at
Many research reports suggest that asset allocation is which you had invested. Exit loads vary from scheme to
extremely important and it is a larger contributor to your overall scheme, but have to be within the limit prescribed by the
portfolio return. Therefore, you also go through this ritual. market regulator, Securities and Exchange Board of India
While doing your periodic asset allocation, you might have to (SEBI). Therefore, you need to check what you will finally get in
exit from a fund, even though nothing has changed your hand. In case of investments through SIP route, each
fundamentally about the fund. For example, according to your investment is taken as fresh investment and hence one year will
financial plan, your asset allocation requires you to allocate 60% be counted from the day you have made the investment.
of your assets in equity-dedicated funds and 40% in debt funds.
In a good year like 2017, due to outperformance of your equity The tax is imposed at the time when you redeem your money
portfolio, your total portfolio has now 66% in equity and 34% in from the mutual funds. Since mutual fund investments are
debt. In such a case, you need to exit from some of the equity considered as capital assets, any gain made on sale of your MF
funds (assuming no incremental investment is being made) and units will attract capital gains tax, which is calculated as the
invest in debt funds to achieve the right asset allocation. In this difference between the NAV on the date of sale and the date of
scenario too, you need to exit from equity funds. It holds true purchase. The taxation is different for equity funds and debt funds.
even in the case of underperformance of equity funds, where you
need to invest more in equity funds and redeem from debt For equity fund, if you withdraw before one year, you pay 15%
funds. tax on your capital gains. From April 1, 2018, if you exit from
the fund after one year, long term capital gains (LTCG) over
Nearing your financial goal `100,000 per year will now be taxed at the rate of 10 per cent
Sometimes, it may happen that you are nearing your financial without any indexation benefit. In the case of debt fund, three
goal. Hence, you may want to move your investment to safer year is considered as long term and hence any withdrawal
options. This might entail exiting from certain funds and before three years will attract short term capital gain tax, which
getting into different funds. Normally, you invest in a fund and will be as per your tax slab. After three years, you will have to
a goal is attached to that fund. For example, you might be pay tax at the rate of 20% with indexation benefit.
investing for your child’s marriage, which is after 20 years. Since
this is a goal with a long term horizon, you invest in equity Conclusion
funds that have historically given better returns than other asset Exiting from your MF investment is a part of the second leg of
classes. Nevertheless, these funds may become volatile at times your financial planning. Hence, it is as important as investing in
over a shorter duration. We are currently witnessing that bout the fund. Therefore, you should plan your exit from your
of volatility. Therefore, you start shifting your accumulated investments in a way that is in sync with your financial goal.
fund in safer options such as debt funds after 17 years so that Your exit should be guided by your comprehensive financial
the entire fund is invested in debt by the end of 20 years. So, in plan. Any haphazard sale of your investment for any reason,
the above case, even if your fund is doing exceeding well, you including underperformance of the fund, may potentially ruin
will have to exit from the fund. your financial plan. DS

68 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Financial Planning
MF Page - 06

Vishal Goenka
Director, Wealthtree Investments And Advisory LLP

Selecting a mutual fund purely


based on its past performance
may not be a logical way to
select the best fund for
yourself. Instead, funds that
match your risk profile and
financial goals should be
selected.

Kaunsa Mutual Fund Best Hai!


A
s a financial advisor, we often come across this selected on the basis of your financial goals and the desired
question. However, most of the investors tend to time to reach such a goal.
make their decisions on the basis of the historical
returns of the fund, and the scheme giving the While there are many mutual fund schemes and categories
highest returns is the one which often gets available for the investors, the suitability of such schemes for
selected by the investor. Desiring the best is certainly a rational the investors’ goals tends to differ and each goal with a different
investing behaviour. But, at the same time, a logical approach duration may ask for a specific product. For example, an
needs to be implemented to choose the best among the rest. overnight fund or a liquid fund may be suitable for parking the
The investors need to be made aware of the fact that there is no short-term surplus funds, but may not be suitable for investing
single mutual fund scheme which fits all the scenarios for for a long-term goal like buying a house or a car etc. Similarly,
them. a small-cap fund might not be suitable for short-term goals like
an annual family vacation, but may be much suited for
Following are the basic factors which need to be considered retirement planning, etc.
while selecting the mutual fund scheme:

1 2
Goal-based Planning : Risk Profile :
It is often said, “if you don’t know your destination, The mutual fund schemes must be selected on the
any road will take you there.” So, before starting basis of the risk profile of the investor. Different
any journey, you must set your destination right so individuals tend to carry different risk-taking
that you can take the appropriate navigation route abilities and hence, the desirable mutual fund
to reach it. This is equally important in your scheme for such investors may be different. The risk
financial planning, as your investments must be profiles can be broadly classified into conservative,

70 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


MF page - 07

The investors need to be made


moderate and aggressive. An aggressive investor can be a high aware of the fact that there is no
risk-taker, while the risk-taking capacity is the least for the
conservative investor. An investor with a risk appetite balanced
single mutual fund scheme which
between these two can be classified as a moderate investor. The
risk profile varies from individual to individual, and further, it
fits all the scenarios for them.
can vary with the change in age, income, dependents etc.

5
Different asset classes are also associated with varied risks. So, Investor behaviour :
an aggressive investor may like to invest predominantly in The emotional behaviour of the investor also plays
equities, wherein they can absorb short-term volatility,but also an important role in his investment planning. This
come with a potential of higher returns over the long term. can also be related to one’s risk profile, wherein an
Similarly, a conservative investor will be more inclined to invest investor may not withstand even a 10% fall in the
in fixed income, which may give lower but stable returns and portfolio value and may rush to redeem all the
are likely to be less volatile. existing investments. As such, he may not deserve
relatively higher returns and will be better off with a
portfolio with low volatility. However, mutual funds

3
Asset Allocation : also offer several investment options to help the investors avoid
While it is important to wisely choose the funds in making investment decisions under emotional bias, e.g. SIP
which the future investments are to be made, it is (Systematic Investment Plans), SWP (Systematic Withdrawal
equally important to check where the existing Plans) etc. Such options allow the investor to systematically
investments are. The review of the existing portfolio invest/ withdraw at periodical intervals and hence, these can
also throws some meaningful light on the risk help control their emotional behaviour.
appetite of the investor. It is said, “one should not
keep all the eggs in the same basket.” As such, the

6
investor must have a diversified portfolio with different asset Taxation :
classes, as every asset class goes through their own economic Different mutual fund schemes may be subject to
cycles. So, the existing portfolio must also be reviewed and different tax rates. For example, long term capital
proper asset allocation strategy be devised in order to gain from equity-oriented mutual funds are subject
generate better risk-adjusted and tax efficient returns. to 10% tax (after `1 lakh exemption every year),
while such gains from debt funds are subject to 20%
tax. Similarly, short term gains from equity funds are

4
Practical Approach with Realistic subject to a tax rate of 15%, while such gains from
Expectations : debt funds are taxed at the same rates as applicable
The investors must adopt a practical approach in to the investors. As such, investors in higher tax slabs may be
devising their investment strategy and have realistic willing to invest a higher amount in equity funds, given the
expectations in terms of the returns. Assuming preferential tax rates for such funds. Similarly, investors may
unrealistic returns from the investments can indeed invest in ELSS with a lock-in period of 3 years to be eligible for
derail the investment journey in its entirety. For deduction upto `1.50 lakhs u/s 80C of the Income Tax Act.
example, while fixed-income investments may have
been generating 9% annual returns in the past, expecting such After carefully analyzing various points discussed above,
investments to generate 12% returns going ahead may not be investors may be advised to invest in specific funds so that such
proper. Similarly, if the equities have generated around 16% investments match their risk profile and financial goals.
over the long term, it will be fair to assume 12% returns for the Further, a periodical review of the portfolio must also be made,
long term investment planning. It is also important that the so that it can be ensured that the investor is on the right track to
risk-reward ratio must be skewed in the favour of the investor, achieve his financial goals. Investors may also contact their
wherein one taking higher risk is suitably compensated with a financial advisors for a proper and well-planned investment
potential of higher returns. strategy.

The writer is a Director of Wealthtree Investments and Advisory LLP n Website: www.wealthtree.co.in

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 71


Special Report
MF page -08

When, Why
And How Much
To Invest In
Mid-Cap
Funds?
Mid-cap dedicated funds are one of the most battered categories in last one year,
investors are in a dilemma and are confused with regard to their investment
decision in mid-cap funds. DSIJ help you understand when, why and how much
to invest in mid-cap funds?

I
nvestment in mutual funds, most of the time, is driven by mid-cap fund that gave returns of 18 per cent in the last five
their past performance. Though the past performance years. Surely, you will go with Fund B, the mid-cap fund.
helps in gauging the performance of the fund manager, Mid-cap funds have greater potential to generate higher
it does not in any way indicate its future performance. returns than large-cap funds in the long run. Technically
This often happens in the case of mid-cap and small-cap speaking, mid-cap companies’ space is that space which is
funds as these provide exceptional returns when the market is often less researched, therefore, it leaves a gap in valuation
in a bull run, but these fall equally hard when the markets which, of course, would be different from its fair market value.
enter a bear phase. So, people often wonder why should one You may find mid-cap companies to be undervalued during
invest in mid-cap funds in the first place? Also, they wonder the bear phase. This creates an opportunity for the fund
about when to invest in mid-cap funds and how much manager to generate that extra returns over and above the
to invest in mid-cap funds? Let us answer these questions one large-cap funds and even outperform the benchmark.
by one. However, it is to be remembered that this outperformance
comes with the risk of losing money in the short term. So, the
Why To Invest In Mid-Cap Funds? basic reason behind investing in mid-cap funds is the potential
If we ask you the following, what you will choose? Fund A, a to generate exceptional alpha over the benchmark and
large-cap fund that gave returns of 12 per cent, or Fund B, a large-cap funds. Now that you know why to invest in mid-cap

72 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


MF page - 09

funds, let us find out when to invest in mid-cap funds. Now, let us assume that if you had invested at the peak, i.e.
around the 10,000 level in January 2008, then till now, you
When To Invest In Mid-Cap Funds? would have earned CAGR of 7.01 per cent on your investments,
Since the start of 2018, equity markets have been really volatile despite the huge fall of 70 per cent in the same year. If we look at
due to global as well as domestic factors. The rise in the crude the average returns generated by the MFs during the same
oil prices, tariff wars between the US and China, depreciation period, then we find that these funds gave a CAGR of 8.67 per
of rupee, etc. all contributed to the uncertainty in the markets. cent. Therefore, volatility in mid-cap funds should not deter you
But apart from these factors, there were concerns in the minds from investing in them and you should start increasing your
of the investors regarding the over-valuation in the mid-cap exposure after a sharp fall. This will give you better returns
space. This further led to the fall in the mid-cap stocks. Even the going ahead.
SEBI’s recategorisation circular and subsequent action by the
fund houses were among the factors responsible for the How Much To Invest In Mid-Cap Funds?
correction that we saw in the mid-cap universe. So, as an It is always advisable not to put all your eggs in one basket, i.e.
investor, if you had invested in some mid-cap funds, the diversify your portfolio as this allows you to reduce your risk to
probability is high that your investments are in red. You are some extent. Now, if you ask how much to invest in mid-cap
puzzled and are wondering if it was a misfortune as these funds, then there is no thumb rule for this and it completely
funds were the best performing ones until you invested.Hence, depend on person to person. It also depends on your risk profile
investors are in a dilemma over the right time to invest in and financial goals. Say, if you are a conservative investor, then
mid-cap funds. Historically, a sharp correction in the mid-cap you should refrain from investing in mid-cap funds. Rather, you

4
space has proved to be the best time to invest inthem. Though should opt for investing in large-cap funds for equity exposure. If
volatility would be a part of the investment, it is important to you are a moderate kind of a risk taker, then you can have
understand that rather than timing the market, it is better to around 5 per cent to a maximum of 10 per cent invested in
have a long-term investment horizon. mid-cap funds. This would help you to give your portfolio a
slight boost in terms of returns. If you are an
aggressive risk taker, then you can have around 30
per cent to 40 per cent exposure in mid-cap stocks.
So, now the question would be: Even after being an
aggressive investor, why only 30 to 40 per cent
exposure? As stated earlier, do not invest all your
money in a single asset--rather, it is better to
diversify across different asset classes. So, it is better
to invest 30 to 40 per cent in mid-cap funds and the
rest in small-cap funds and a little portion in
large-cap funds. Now, how much to invest also
depends on the tenure for which you wish to invest.
If your tenure is more, then invest more in mid-cap
funds. However, if your tenure is less, then invest
less in mid-cap funds. In the last three years before
reaching your financial goal, invest 100 per cent in
debt mutual funds. The minimum tenure that you
must consider for mid-cap is 7-plus years.

If we look at the above image of the S&P BSE Mid-Cap Index, Conclusion
we can see its movement since inception. If we have a closer Your investment in mid-cap funds should not be guided purely
look at the year 2008, the price range was from 2,805.33 to by returns. To get good returns on your investment, it is
10,113.06 and the volatility was around 2.53 per cent. The index important to take into consideration the risk profile and tenure
fell from around 10,000 level all the way down to around 3,000, of investment, which should be actually covered in a
which meant a loss of almost 70 per cent in just one year and, in comprehensive financial plan. So, it is recommended to have a
the same period, the mid-cap MFs on an average gave negative comprehensive financial plan in place which would take care of
returns of 63.5 per cent. However, if we assume that you would all your personal finance issues, including proper asset
have invested at around 3,000 level at the end of the year 2008, allocation, periodic rebalancing and also investment in mutual
then up till now, your investment would have grown at a 30.73 funds and other avenues as required. However, if you are
per cent CAGR (Compounded Annual Growth Rate) and already having a comprehensive financial plan and you have
mid-cap dedicated MF schemes for the same period on an adequately saved for all your needs, then you may grab the
average gave a CAGR of 21.1 per cent. This would be the case if opportunity by investing a lump sum amount in mid-cap funds
you had entered in the mid-cap space post a sharp correction. when there is a sharp correction in the markets. DS

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 73


MF Page - 10

Knowledge Series

How Much Do
You Need To
Save And
Invest?

M
any a time it happens that when you tell people to On the other hand, investing is termed as a process through
save or invest, they say that this month’s income is which you buy an asset, may it be stocks or mutual funds or the
already spent, so they will start saving or investing like, with the thought that the investment would generate
from next month. However, this is something known as reasonable rate of return for the risk undertaken. So, investing
mismanagement of cash flow. Due to this, they end up buying is something like wealth building, where you buy an asset to
things that they do not need at all. This is something known as create wealth.
splurging. It is not that splurging is something you must always
avoid, but you need to first focus on saving and investing, and So, as we saw, saving and investing are both different in
then go for splurging, not the other way round. their approach. If your needs are short-term, then saving
would be appropriate for you. However, if your objective is
Before understanding how much you need to save or invest, it is capital appreciation over the long term to achieve your long
very important to understand what is meant by saving and term financial goals, then investing would be appropriate for
investing and why you should consider it at all. Many people you.
think that saving and investing is one and the same, but though
these are almost synonymous terms, they have different For instance, if you wish to go for a vacation which is due this
approach altogether. year, then probably saving would be a wise option; but if you
wish to upgrade your car after five years, then investing would
Saving is a process through which you keep aside cash and park be better for you. However, you should first save and then
it in an extremely safe place, say your savings bank account or invest. The reason behind the same is the risk factor. Investing
even in liquid mutual funds. So, in short, saving is something comes with risk, but there is no risk involved in saving. So it is
like preserving the capital that can be accessed during times of better to first secure your short-term needs by saving and then
need. invest the remaining money for the long-term needs.

74 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


MF Page - 11

This is the eighth article of the knowledge series sponsored by Sundaram Asset Management Company,
which will cover various topics important for your financial well-being.

amount that you would require to save/invest at the start for


that particular need or want. Now, why do you need to do all
this? This is to be done to understand exactly the short-term
and long-term needs and/or wants, based on which you would
either save or invest. With this, you would also know how much
you need to save and/or invest to achieve your financial goals.
So now, after knowing all these things, let us find the elephant
in the room, i.e. how much you need to save and/or invest?
Frankly speaking, there is no thumb rule as to how much to
save and/or invest. It would depend on various factors and
would be different from person to person.

Generally, it is said that your savings must be around 10 per


cent of your income and your investment must be around 10-15
per cent of your income. However, you must not depend solely
on this. It is better to first analyze your personal financial
situation and then come to a conclusion as to how much you
need to save and how much you need to invest. Suppose, all
your fixed expenses come to around, say, 90 per cent of your
income, then only 10 per cent of the surplus would be left. So in
this case, based on your situation, you need to decide whether
to save or invest. In case you have enough savings, then go
ahead with investing that 10 per cent, but if you fall short in
You need to divide your goals between two major parts, needs your savings, then it would be better to put that 10 per cent into
and wants. Needs are those which are mandatory and savings.
which you can neither delay nor avoid, whereas wants are
those that can be delayed or even avoided at times. So, the first If you are currently spending your entire income, then try to
thing you need to do before gauging how much to save and save just 1 per cent this month and increase it by 1 per cent
invest is to list down your goals and segregate those goals every month for the next one year. In a year, you will get into
between needs and wants. Further, you need to prioritize your the habit of saving 12 per cent of your income. Remember,
needs and wants, so that you would clearly know for what you reducing your spending is financially more efficient than
are saving and/or investing and for what you need to save and/ earning more money. If you are an income tax payer, for every
or invest. additional rupee you plan to save from your earning , you will
need to earn `1.05 if you come under the least tax bracket,
After listing down the goals and segregating them between `1.20 if in the 20 per cent tax bracket and `1.30 if in the 30 per
needs and wants, you need to define their tenures. Then, based cent tax bracket. On the other hand, every rupee you don’t
on the tenure, you need to ascertain the inflation-adjusted spend, you can invest.

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 75


MF Select
MF Page - 12

BNP Paribas Multi Cap Fund - Direct Plan


Equity: Multi Cap 20.81%
Scheme Category *Expected Return In Next One Year

Nifty 200 Total


`778.09 Cr 46.52 0.83% Return Index
Expense Ratio (%)
AUM (`Cr): 31 Jan., 2018 NAV (`) 21 Feb., 2019 31 Jan., 2018 Benchmark
For units in excess of 10% of the investment,1% will be
charged for redemption within 365 days Abhijeet Dey and Karthikraj Lakshmanan
Exit Load Fund Manager
Reason for recommendation TOP 10 Holdings
COMPANY NAME % TO NET ASSETS
The nature of the stock market is such that it is very hard for
anyone to predict its future course. HDFC Bank 9.77
Moreover, historically we have seen that different categories of ICICI Bank 7.78
stocks perform differently in different periods. For a common Infosys 5.30
investor, it becomes even harder to analyse cyclicality of the Axis Bank 4.27
markets and invest accordingly. Therefore in time of Kotak Mahindra Bank 3.95
uncertainties, it is better to have a multi-cap fund where you Tata Consultancy Services 3.83
will have exposure to companies of different sizes and you will Larsen & Toubro 2.97
be reasonably diversified with simplicity. This is best suited to Reliance Industries 2.92
the current market situation when markets are choppy with Hindustan Unilever 2.83
downward bias and nobody is sure where the market is headed.
Marico 2.36
BNP Paribas Multi-Cap Fund, which was earlier known as BNP the end of January 2019, cyclicals form 62 per cent of the fund's
Paribas Dividend Yield, is one such multi-cap fund that is portfolio. Going ahead, the fund is well-placed to perform
suited for a conservative investor. This is because the fund is a better than the market due to the concentration of its portfolio
multi-cap fund that has 73 per cent of its total assets invested in towards company belonging to private banks and IT sector. The
large-cap stocks against 68 per cent by its category. Large-cap fund holds best companies in these sectors that have
tilt has helped the fund to perform even in a falling market. outperformed till now and are likely to continue their
With the current portfolio, the fund is likely to do better going performance. Hence, a conservative investor with an investment
ahead as its portfolio is highly tilted towards cyclical sectors. At horizon of 1-3 years can invest in this fund.

Monthly Returns
6.00%

4.00%

2.00%

0.00%
May-18

Dec-18
Mar-18

Oct-18
Jul-18

Aug-18
Feb-18

Apr-18

Nov-18
Sep-18

Jan-19
Jun-18

-2.00%

-4.00%

-6.00%

-8.00%

This might not be top ranked fund, however, looking at risk-reward opportunity we recommend this fund. * Expected one year return is based on the assumption that current holdings remain constant.

76 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


Expert Speak
MF page - 13

Don’t Press The


Panic Button Yet
Hemant Rustagi
Chief Executive Officer, Wiseinvest Advisors

T
he growth of mutual funds in India has been quite from your investments are mainly on account of investments
impressive over the last few years. It is evident that made at higher NAVs in the initial 6-8 months, especially in
mutual funds have begun to play an increasingly multi-cap, mid-cap and small-cap funds.
important role in the portfolios of Indian investors.
What is even more heartening is the manner in Therefore, the more money you invest during market
which investors have been investing in mutual fund products, downturns, the easier it becomes for your portfolio to recover
especially equity and hybrid funds. The ever-increasing number when the market starts performing well again. Therefore, if
of SIPs highlights investors’ preference for a disciplined you are sure about your asset allocation and selection of funds
investment approach. Besides, a goal-based investment process in your portfolio, there is no reason for you to panic just
is gaining momentum and that augurs well for investors as because of negative/lower returns during a certain phase in the
mutual funds remain the best investment option to carry out market. Remember, abrupt and irrational selling decisions can
asset allocation. make a severe dent in the long-term prospects of your
investments. In fact, it is crucial to know how to manage your
However, the last one year has been a tough one for investors selling decisions.
as returns from most equity and equity-oriented hybrid
funds have either been negative or dismal. While having an While you may feel compelled to make some ad hoc decisions
investment plan in place helps in ensuring that only medium in certain situations, it never pays to press the panic button as
and long-term money is invested in equity-oriented funds, that can result in some irrational decisions. Hence, having a
it is crucial to continue the investmentprocess through strategy in place for making a decision to exit from a fund and
ups and down in the market to benefit from their true sticking to it can go a long way in keeping your portfolio on
potential. track to achieve your investment goals. Broadly speaking,
there are three occasions that should necessitate a selling
It is a known fact that one has to contend with a number of decision. Firstly, sell a fund if your investment plan requires you
challenges during one’s investment process from the start to to do so.
the completion of the time horizon. The major challenge is
tackling the volatility in the market. A current market like For example, when you invest in a fund with a clearly defined
situation, where investors are experiencing negative returns time horizon, you would need to sell it after the completion of
even for their investments through SIP, can test their patience the period. However, if it happens to be an equity fund, the
and perseverance. If you are one of those investors who are selling should be done in a phased manner and the process
worried about the future prospects of investments through should begin 6-12 months prior to the completion of the time
SIP, it is important for you not to allow panic to influence horizon to protect the accumulated gains.
your investment decisions. In fact, you must remember
that investments made during market falls will help you bring Secondly, consider exiting from a fund if its performance has
your average cost down. not been satisfactory for a period of one year or more. Thirdly,
sell a fund when it no longer meets your needs on account of
If you take a close look at investments made through SIP over change in your personal situation. Remember, the key to
the last 18-24 months, you will realize how your average cost long-term success is to ensure that your portfolio consists of
has been coming down systematically. Thenegative returns only those funds that suit your needs at all times. DS

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 77


Special Report
MF page -14

Be Alert !!!
While
Investing
In DEBT MFs

I
Debt mutual funds, which were t is very sad to find that debt mutual funds, which were
considered to be a safer considered to be a safe option when compared with
equity mutual funds, are losing their coveted position.
investment, are rocked by some Thanks to some of the back-to-back events that have
raised questions over the debt fund’s performance. After the
back to back bad events in the last year’s IL&FS fiasco, recently the incidents of Essel and
DHFL (Dewan Housing Finance Ltd.) defaulting on their
corporate sector. This has led payments resulted in downgrading of papers (debt
instruments) issued by them by the rating agencies. The debt
investors to re-think on investing mutual funds having high exposure in their papers were
adversely impacted.
in debt mutual funds. DSIJ
The debt mutual funds that held debt securities of Essel and
explains how to check this DHFL amounted to around `7,524 crore and `7,041 crore,
warning signal before investing in respectively, at the end of December 2018. These papers formed
around one per cent of the total debt AUM during the same
debt MFs. period. Hence, the defaults may not destabilize the entire debt
category. Still, the debt mutual fund retain its status of being

78 DALAL STREET INVESTMENT JOURNAL I MAR 04 - 17, 2019 DSIJ.in


MF page - 15

one of the safest avenues of investment, but investors need to be (Securities and Exchange Board of India), should not be
cautious and carry their own due diligence before investing in more than 20 per cent, though this can be increased by 5 per
debt mutual funds. cent with the approval of trustees. An exposure of more than
12 per cent of the total assets to the securities of companies
High Concentration In One Issuer from the same group can be considered as an alert. For the
retail investors, it is not an easy task to verify as fund houses
If the debt mutual fund’s investment is tilted towards a single do not provide such information and, therefore, you cannot
issuer, then that should raise an alarm. As such a fund is sitting have a fair idea as there is a possibility that the names of the
on different instruments issued by the same company, there is a companies may not necessarily sound similar to that of the
company-specific risk. Say, if the company starts running into group.
losses and is not in a position to honour the payments, the
mutual fund investing most of the assets in such a company Ratings Under Review
could be at huge risk. Even one or two downgrades can have an
overall impact on the fund's performance. Although no fund Investors usually are more inclined towards the credit ratings
can hold more than 10 per cent of the total assets in securities of and changes in the same. However, investors should also look

4
one company, anything more than 7 per cent of total assets can out for securities which are under review status by the credit
be considered as an alert. If you are a conservative investor, then rating agencies. This is the time when the credit rating
get out of these funds and invest in other much safer funds. agencies reassess the credit profiles of the securities and decide
However, the aggressive and super-aggressive investor can whether to upgrade, downgrade or maintain status quo.
hold such investments as returns can be expected to be much While doing the assessment, if the rating agencies find that the
higher. If the investments are linked with financial goals, then issuer is no longer in a sound position to honour the debt
even the aggressive investor must refrain from investing in repayments, then they downgrade their ratings. Now, you
such funds. may ask how that is going to help? With this information, you
can check the recent developments that are happening with
High Concentration In Low Rated Securities respect to that issuer. This will help you to gauge in advance
what can be the outcome of the credit ratings which are under
To jack up their returns, debt mutual funds usually take the help review. The thing to remember, however, is that the downgrade
of low-rated securities as these provide higher interest rates. or upgrade is not just based on the issuer or the company, but
Though nothing is wrong with it, debt mutual funds at times go also on the instruments and the tenure of that instrument.
heavy on investing in these securities, which makes the overall There is a possibility that due to huge loss in the short-term, the
portfolio risky. The credit rating is one of the means through rating agencies may have downgraded the short-term
which one can gauge the probability of the borrower making instruments, but maintain status quo on the ratings of the
timely payments of interest and principal amount. A low rated long-term instruments. So, take a holistic view and not in
security means there are less chances of the borrower isolation.
honouring the debt repayment obligation, while a highly rated
security means the borrower is likely to honour debt repayment. Drop In Share Price
Remember, the main objective of the investor in debt mutual
funds must be to invest for safety of principal and not for Though this is not directly related to the credit quality of the
returns. If return is your highest priority, then equity mutual company, every time a drop in share price does not mean poor
funds will serve your purpose. credit quality. But, at times, this can give you a rough idea
about the company. If the stock prices are falling due to the
High Concentration In Companies Of Same Group concerns over the company’s further survival, then the
probability of default is high. Kingfisher Airlines and Sahara are
We had discussed earlier how it is not in your interest to invest some of the examples of such a situation. To earn high returns,
in a debt mutual fund if the debt MF has a high exposure to a even some debt mutual funds get into a companies with pledged
single company. The same way, even having high concentration shares wherein the promoters of the company pledge their
in companies of the same group should also sound an alert. shares against cash. In case such companies default the
Investing in a debt fund having high exposure to companies repayment of debt, then the debt mutual funds may sell-off
of the same group makes the portfolio risky. This is because those shares. But by the time they decide to sell-off the shares,
even some adverse development in respect of a subsidiary prices may have already eroded substantially and these funds
can harm the parent company as well, and vice versa. The end up making losses. So, it is always wise to use stock prices as
group-level exposure in debt mutual funds, as per SEBI an indicator. DS

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 79


MF Data Bank
MF Page - 16

With Ranking

T
he following table lists top-ranked equity funds based on Key To Databank
DSIJ's proprietary research methodology. We have Category Rank: Category wise ranking as on February 22nd 2019
evaluated each funds underlying portfolio of stocks and Scheme Name: This is the name of the mutual fund scheme
NAV (`): Net asset value per unit of a mutual fund or an exchange-traded fund
ranked them based on their expected portfolio returns. This way
(ETF) on a specific date
we are also able to rank newly launched funds that are not rated
AUM (`Crore): This is the total market value of financial assets held by the mutual
by others due to their short duration of existence. fund scheme on a specific date.
We evaluate all the equity funds based on the changed ratings Weightage: Large-Cap: This is a percentage of total assets held by a fund in the
of their underlying stocks and the change in their prices. large-cap stocks as defined by AMFI for the current period.
Therefore, this list is quite dynamic and reflects the best possible Mid-Cap: This is a percentage of total assets held by a fund in mid-cap stocks as
return potential of the funds for the next one year. defined by AMFI for the current period.
You can use this ranking to create your own mutual fund Small-Cap: This is a percentage of total assets held by a fund in small-cap stocks as
portfolio. Depending on your risk profile, return expectations and defined by AMFI for the current period.
Total No of Companies: This is a total number of securities held by a mutual fund
overall asset allocation, you can add the best performing fund
scheme at the end of a specific month.
category to your portfolio. For clarity and to include more funds,
Expenses Ratio: This is the latest expense ratio disclosed by the mutual fund scheme
we have not included ‘Direct’ and ‘close-ended’ funds. You can Return_1Years: This is the past one-year return given by the scheme.
visit our website (www.dsij.in/mutual-fund) to know the latest Expected 1-yr return: This is based on our analysis of the portfolio of mutual fund
ranking of both ‘Direct’ and ‘Regular’ Funds along with equity- scheme and their expected growth in the next one year, assuming the underlying
oriented hybrid and close-ended funds. remains the same.
This ranking can also be used for reviewing different holdings Current Rank: Rank as on February 22nd 2019
in your fund portfolio. Hence, a consistently laggard performer of Previous Rank of February 08th 2019 is shown under bracket ()
a category can be looked at as 'Switch' or 'Exit' advice.
Category Weightage (%) Return Expected DSIJ Current
NAV AUM Total No of Expense
Scheme Name 1 Years 1 yr return Rank
Rank (`) (` Cr) Companies Ratio (%)
Large Cap Mid Cap Small Cap (%) (%) (22 Feb 19)
Equity - Large Cap
1 Franklin India Bluechip Fund - Growth 437.36 7809 85.92 7.07 0.00 40 2.04 -2.36 21.48 134 (106)
2 Reliance Large Cap Fund 32.20 11794 80.34 14.15 3.51 46 2.22 -0.04 21.09 153 (140)
3 HDFC Top 100 Fund - Regular Plan 453.60 15398 87.89 10.28 0.26 50 2.09 0.80 20.63 168 (184)
4 ICICI Prudential Bluechip Fund 39.23 19863 86.30 3.81 0.00 58 2.10 -0.65 20.51 175 (134)
5 Aditya Birla Sun Life Frontline Equity Fund 209.00 20784 80.91 12.15 1.91 67 1.97 -2.22 20.48 176 (169)
6 SBI Blue Chip Fund 35.84 20611 83.50 10.22 0.85 57 2.06 -3.75 20.08 183 (160)
7 UTI Mastershare 114.42 5577 83.72 11.89 1.65 48 2.33 0.58 19.45 204 (182)
8 DHFL Pramerica Large Cap Fund - Wealth Plan 32.51 375 90.77 2.85 0.63 31 2.94 -1.34 19.35 210 (263)
9 DHFL Pramerica Large Cap Fund 155.48 375 90.77 2.85 0.63 31 2.65 -1.36 19.35 210 (263)
10 Kotak Bluechip Fund - Regular Plan 216.72 1330 82.01 14.76 0.67 56 2.22 -0.94 18.97 223 (224)
11 Invesco India Largecap Fund 26.88 174 86.49 10.57 1.63 26 2.66 0.48 18.54 240 (269)
12 DSP Top 100 Equity Fund 189.48 2642 94.99 2.09 0.00 35 2.27 -3.13 18.54 240 (223)
13 L&T India Large Cap - Regular Plan 25.00 430 91.03 7.56 0.00 52 2.65 -1.64 18.46 244 (219)
Equity - Large & Mid Cap
1 Reliance Vision Fund 474.37 2846 57.81 41.16 0.00 28 2.18 -17.22 25.08 45 (49)
2 Sundaram Large and Mid Cap Fund 31.88 498 59.00 37.58 0.00 39 2.70 -0.81 22.70 91 (147)
3 HDFC Growth Opportunities Fund - Reg. Plan 103.97 1218 61.13 35.47 2.99 49 2.33 -4.59 22.67 93 (86)
4 L&T Large and Midcap Fund - Regular Plan 43.13 1326 51.28 35.54 10.74 52 2.24 -12.49 22.52 97 (90)
5 UTI Core Equity Fund 57.71 878 52.62 35.55 7.85 58 2.43 -8.96 22.28 104 (110)
6 Invesco India Growth Opportunities Fund 31.72 1075 59.86 35.61 0.40 42 2.27 -0.15 21.77 120 (124)
7 BOI AXA Large & Mid Cap Equity Fund 30.81 148 51.27 31.95 14.09 61 3.08 -14.96 21.74 122 (124)
8 ICICI Prudential Large & Mid Cap Fund 296.91 2900 52.37 35.80 4.77 55 2.15 -7.08 21.69 126 (67)
9 Principal Emerging Bluechip Fund 95.73 1997 42.49 36.23 17.58 78 2.16 -10.01 21.45 137 (128)
10 IDFC Core Equity Fund 41.55 2826 54.14 35.19 6.99 71 2.08 -6.94 21.38 142 (96)
Others - Index Funds/ETFs
1 Reliance CPSE ETF 23.30 8787 77.22 22.61 0.00 11 0.01 -21.59 31.82 4 (2)
2 Reliance ETF PSU Bank BeES 304.86 174 81.34 16.05 2.52 12 0.54 -13.51 28.23 19 (83)
() There are some blanks in the previous ranking column. This is because these funds were not in our last ranking as they have come into
existence recently.
** These funds are yet to complete one year

Indian Mutual Funds have currently about 2.57 crore (25.7 million) SIP accounts

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Category Weightage (%) Return Expected DSIJ Current


NAV AUM Total No of Expense
Scheme Name 1 Years 1 yr return Rank
Rank (`) (` Cr) Companies Ratio (%)
Large Cap Mid Cap Small Cap (%) (%) (22 Feb 19)
3 Kotak PSU Bank ETF 275.11 63 80.88 15.96 2.51 12 0.49 -13.44 28.23 19 (74)
4 ICICI Prudential Bharat 22 ETF 33.79 5179 88.90 10.20 0.78 22 0.01 -6.49 24.38 56 (35)
5 IDBI Nifty Junior Index Fund 19.54 50 83.93 13.57 0.00 50 0.78 -11.63 24.01 63 (78)
6 Aditya Birla Sun Life Nifty Next 50 ETF 258.47 100 86.37 13.26 0.00 50 ** 24.01 63 (78)
7 ICICI Prudential Nifty Next 50 Index Fund 22.93 358 86.13 13.23 0.00 50 0.85 -11.16 23.88 65 (82)
8 UTI Nifty Next 50 Index Fund 9.18 301 86.57 13.35 0.00 50 1.06 ** 23.88 65 (75)
9 UTI Nifty Next 50 Exchange Traded Fund 262.92 33 86.62 13.35 0.00 50 -10.47 23.88 65 (75)
10 Reliance ETF Junior BeES 266.64 880 86.57 13.34 0.00 50 0.23 -10.44 23.88 65 (81)
11 DSP Equal Nifty 50 Fund 9.41 119 99.76 0.00 0.00 50 0.90 -4.20 20.43 177 (123)
12 LIC MF Exchange Traded Fund - Nifty 100 112.58 305 97.99 1.86 0.00 101 0.25 2.67 18.79 227 (221)
13 Aditya Birla Sun Life Nifty ETF 116.36 212 99.71 0.00 0.00 50 0.05 4.86 18.20 254 (240)
14 ICICI Prudential Nifty Index Fund 103.93 373 99.41 0.00 0.00 50 0.75 4.13 18.09 261 (251)
15 ICICI Prudential Nifty ETF 112.45 1030 99.56 0.00 0.00 50 0.05 5.20 18.09 261 (251)
16 Reliance ETF Nifty BeES 1,130.35 979 99.80 0.00 0.00 50 0.11 5.26 18.08 263 (244)
17 Reliance Index Fund - Nifty Plan 18.02 138 99.77 0.00 0.00 50 0.91 4.19 18.08 263 (244)
Equity - Sectoral/Thematic
1 Reliance Power & Infra Fund 86.72 1355 27.63 12.77 57.37 39 2.28 -25.82 38.20 1 (1)
2 ICICI Prudential Infrastructure Fund 45.08 1187 57.13 7.41 32.12 44 2.35 -16.22 30.61 5 (7)
3 DSP Natural Resources and New Energy Fund 29.16 384 81.34 8.55 2.50 23 2.62 -18.97 30.30 7 (5)
4 Invesco India Infrastructure Fund 15.09 37 34.47 27.25 35.48 28 2.78 -15.89 29.91 8 (17)
5 ICICI Prudential India Opportunities Fund 9.74 1361 54.12 9.23 3.40 21 2.42 ** 29.76 9 ()
6 ICICI Prudential Exports and Services Fund 53.01 819 58.25 5.17 9.81 19 2.62 -9.86 29.66 10 (27)
7 IDFC Infrastructure Fund 13.27 867 35.31 15.60 43.13 40 2.35 -27.49 29.44 11 (9)
8 Aditya Birla Sun Life Infrastructure Fund 28.23 555 22.88 30.97 44.43 57 2.50 -22.49 29.07 12 (8)
9 Aditya Birla Sun Life Banking And Fin. Serv. Fund 26.02 1545 67.86 14.74 10.06 25 2.17 -1.21 28.92 13 (12)
10 Invesco India PSU Equity Fund 15.36 60 60.64 22.47 16.25 17 2.75 -17.42 28.66 16 (22)
11 SBI PSU Fund 9.01 162 53.51 26.84 11.57 20 2.86 -22.65 28.42 18 (15)
12 Tata Infrastructure Fund - Regular Plan 48.97 547 47.20 27.84 21.70 36 2.44 -16.94 27.31 25 (29)
13 L&T Infrastructure Fund - Regular Plan 14.44 1798 33.89 23.93 33.79 47 2.20 -18.56 26.69 28 (20)
14 BOI AXA Manufacturing & Infrastructure Fund 13.65 45 24.18 20.03 52.33 52 3.02 -25.49 26.67 29 (33)
15 HSBC Infrastructure Equity Fund 15.28 114 27.74 13.82 56.92 37 2.85 -38.02 26.46 33 (14)
16 SBI Infrastructure Fund 13.46 491 44.35 4.22 47.62 24 2.57 -14.86 25.45 40 (34)
17 Canara Robeco Infrastructure 40.61 115 56.14 16.16 23.65 31 2.73 -18.40 25.45 40 (50)
18 UTI Infrastructure Fund 47.01 1267 56.79 18.80 23.07 43 2.24 -15.67 25.16 43 (32)
19 DSP Tiger Fund 79.93 1144 49.78 13.98 30.08 58 2.32 -17.53 24.89 47 (47)
20 LIC MF Infrastructure Fund 12.77 54 51.42 24.33 12.46 23 2.44 -14.40 24.68 49 (43)
21 Sundaram Infrastructure Advantage Fund 29.10 565 20.19 19.60 56.58 40 2.61 -18.65 24.57 52 (45)
22 UTI Transportation and Logistic Fund 91.55 1368 66.42 18.05 10.83 36 2.46 -23.93 24.43 53 (41)
23 Sundaram Services Fund 10.27 1082 38.60 14.98 12.90 36 2.52 ** 24.42 55 (41)
24 HDFC Infrastructure Fund - Regular Plan 14.88 796 45.15 13.78 37.91 43 2.45 -26.75 24.30 58 (66)
25 L&T Business Cycles Fund - Regular Plan 13.67 741 46.22 20.94 31.82 61 2.44 -17.74 23.82 70 (58)
26 Reliance Banking Fund 249.67 2797 63.15 22.75 7.75 23 2.26 -3.09 23.58 72 (67)
27 Franklin Asian Equity Fund 21.60 108 8.94 6.96 0.67 11 2.85 -6.05 23.52 73 (56)
28 ICICI Prudential Banking and Financial Services 57.72 2639 59.81 15.52 19.34 31 2.23 -0.92 22.91 85 (104)
29 Kotak Infra. & Eco. Reform Fund - Reg. Plan 17.84 369 29.13 40.96 28.29 42 2.53 -17.99 22.76 88 (122)
30 Franklin India Opportunities Fund 68.23 582 78.24 5.23 11.75 34 2.57 -7.34 22.35 103 (107)
31 Franklin Build India Fund 37.52 1165 72.55 8.39 14.75 35 2.23 -8.73 22.27 105 (126)
32 Tata India Consumer Fund 16.61 1461 64.26 21.12 8.32 30 2.22 -2.15 21.94 112 (150)
33 SBI Magnum Comma Fund 32.40 260 45.59 15.63 29.51 25 2.66 -19.70 21.63 129 (64)
34 ICICI Prud. Pharma Health. & Dia. (P.H.D) Fund 9.69 1459 53.79 15.05 18.14 27 2.31 0.00 21.45 137 (120)
35 Aditya Birla Sun Life Manufacturing Equity Fund 12.23 623 50.95 25.85 15.93 43 2.49 -13.87 21.34 144 (154)
Equity - Focused
1 HDFC Focused 30 Fund - Regular Plan 70.22 446 69.46 8.72 17.38 27 2.68 -13.09 28.78 14 (10)

Total amount collected through SIP during January 2019 was `8,064 crore

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 81


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MF Page - 18

Category Weightage (%) Return Expected DSIJ Current


NAV AUM Total No of Expense
Scheme Name 1 Years 1 yr return Rank
Rank (`) (` Cr) Companies Ratio (%)
Large Cap Mid Cap Small Cap (%) (%) (22 FEB 19)
2 ICICI Prudential Focused Equity Fund 27.76 612 88.19 4.13 0.00 18 2.57 -2.97 25.78 36 (25)
3 Aditya Birla Sun Life Focused Equity Fund 54.84 3946 77.23 12.91 0.00 30 2.03 -2.68 22.79 87 (63)
4 Reliance Focused Equity Fund 42.66 4165 61.34 23.83 8.39 29 2.31 -10.72 21.72 124 (113)
5 IDBI Focused 30 Equity Fund 9.28 286 78.45 3.09 1.11 27 2.88 -6.36 21.28 149 (115)
6 Franklin India Focused Equity Fund 36.99 7517 65.85 10.28 13.19 26 2.04 -5.53 20.04 186 (145)
7 Principal Focused Multicap Fund 59.25 302 73.37 12.88 12.05 30 3.02 -1.33 19.79 191 (240)
Equity - Mid Cap
1 Invesco India Mid Cap Fund 45.00 276 9.39 71.22 14.93 43 2.51 -4.19 28.68 15 (11)
2 Aditya Birla Sun Life Midcap Fund 261.74 2146 9.47 74.75 14.35 57 2.11 -16.13 26.51 31 (23)
3 Sundaram Mid Cap Fund 426.46 5706 2.97 73.08 21.29 61 2.09 -16.30 26.51 31 (46)
4 HDFC Mid-Cap Opportunities Fund - Reg. Plan 50.03 20381 6.06 69.97 18.01 71 2.14 -11.23 25.47 39 (44)
5 SBI Magnum Midcap Fund 67.39 3523 3.26 72.18 21.18 48 2.03 -15.60 23.28 76 (92)
6 IDBI Midcap Fund 10.10 226 11.22 68.19 6.00 46 2.64 -13.01 22.80 86 (59)
7 Motilal Oswal Midcap 30 Fund 22.81 1322 19.18 73.16 0.67 25 2.03 -7.46 22.70 91 (176)
8 BNP Paribas Mid Cap Fund 28.95 709 11.12 67.82 18.36 54 2.36 -15.21 22.51 98 (91)
9 L&T Midcap Fund - Regular Plan 123.19 3665 6.82 65.85 17.98 79 2.14 -12.72 22.50 99 (94)
10 UTI Mid Cap Fund 92.32 3589 10.28 66.88 20.43 64 2.32 -16.49 22.44 101 (57)
Equity - Small Cap
1 Invesco India Smallcap Fund 9.47 182 3.30 24.25 65.86 40 2.88 ** 34.90 2 (3)
2 Aditya Birla Sun Life Small Cap Fund 30.87 2120 3.80 9.83 77.24 61 2.37 -25.74 33.29 3 (4)
3 Sundaram Small Cap Fund 73.14 1037 0.00 0.85 96.35 50 2.34 -29.02 30.48 6 (6)
4 HSBC Small Cap Equity Fund 44.18 755 0.00 20.79 75.76 69 2.46 -26.85 27.83 22 (26)
5 Tata Small Cap Fund 9.70 221 0.00 4.39 51.38 20 2.67 0.00 27.18 26 (24)
6 Kotak Small Cap Fund - Regular Plan 64.64 1038 7.29 26.75 62.34 64 2.38 -17.08 26.90 27 (39)
7 HDFC Small Cap Fund - Regular Plan 39.98 6164 6.56 17.17 66.60 73 2.18 -11.92 26.57 30 (31)
8 BOI AXA Small Cap Fund 9.75 30 0.52 5.08 10.37 24 2.71 ** 26.07 34 (127)
Hybrid - Aggressive
1 BOI AXA Mid & Small Cap Equity & Debt Fund 11.86 425 0.65 40.87 36.47 62 2.98 -14.86 25.95 35 (87)
2 Reliance Equity Hybrid Fund 51.18 12643 68.33 6.26 5.89 58 2.00 -5.51 25.71 38 (30)
3 ICICI Prudential Equity & Debt Fund 124.08 25899 71.42 6.82 3.56 118 2.00 -2.87 24.94 46 (37)
4 Aditya Birla Sun Life Equity Hybrid 95 Fund 712.46 13373 49.35 20.54 7.15 97 1.97 -3.76 22.92 83 (80)
5 IDFC Hybrid Equity Fund 10.82 928 45.91 13.77 11.58 60 2.24 -4.79 22.27 105 (54)
6 L&T Hybrid Equity Fund - Regular Plan 24.55 9664 57.60 21.81 4.50 84 2.02 -4.86 22.06 108 (69)
7 HDFC Hybrid Equity Fund - Regular Plan 50.39 21700 51.48 15.42 8.39 90 2.05 -7.67 21.84 116 (130)
8 Principal Hybrid Equity Fund 73.48 1668 55.36 8.20 10.88 66 2.29 -1.70 21.83 117 (129)
9 Shriram Hybrid Equity Fund 15.89 56 60.15 23.70 6.66 61 2.43 0.57 21.79 119 (174)
10 Invesco India Equity & Bond Fund 9.87 406 45.44 38.79 0.35 44 2.81 ** 21.71 125 (121)
11 Mirae Asset Hybrid Equity Fund 13.79 1485 58.56 10.01 5.53 64 2.04 2.67 21.37 143 ()
12 UTI Hybrid Equity Fund 159.07 5879 54.87 21.76 8.72 90 2.13 -5.49 21.00 157 (161)
13 Kotak Equity Hybrid - Regular Plan 22.80 1601 51.65 16.43 11.34 56 2.09 -5.28 20.86 162 (170)
Equity - Multi Cap
1 Invesco India Multicap Fund 43.90 730 46.49 26.76 23.69 41 2.33 -9.82 25.20 42 (36)
2 ICICI Prudential Multicap Fund 269.60 3103 72.51 11.12 8.62 67 2.36 -1.38 23.72 71 (62)
3 Principal Multi Cap Growth Fund 131.71 819 61.05 11.92 20.28 66 2.36 -9.04 23.00 82 (65)
4 Shriram Multicap Fund 9.86 46 58.81 15.40 7.03 49 2.43 ** 21.83 117 (156)
5 HSBC Multi Cap Equity Fund 79.76 553 66.58 15.20 17.50 51 2.59 -8.10 21.76 121 (98)
6 Kotak Standard Multicap Fund - Regular Plan 32.39 21638 73.37 16.72 1.58 54 1.98 0.23 21.48 134 (144)
7 Franklin India Equity Fund 557.11 11462 70.72 15.96 6.06 50 1.99 -3.05 21.43 140 (103)
8 HDFC Equity Fund - Regular Plan 609.80 20856 82.36 10.76 6.06 47 2.06 -2.27 21.33 145 (164)
9 DHFL Pramerica Diversified Equity Fund 12.12 107 53.87 21.26 21.66 47 2.99 -7.55 21.18 151 (183)
10 Aditya Birla Sun Life Equity Fund 673.36 10035 64.06 20.36 9.65 73 1.97 -4.12 20.98 158 (137)
11 BNP Paribas Multi Cap Fund 42.51 778 68.52 6.03 19.31 46 2.26 -9.88 20.81 163 (157)
12 L&T Equity Fund - Regular Plan 76.17 2538 69.30 17.72 9.55 60 2.11 -6.31 20.76 165 (133)
13 Motilal Oswal Multicap 35 Fund 24.13 13180 81.03 16.65 0.37 29 1.82 -8.16 20.63 168 (163)

AMFI data shows that the MF industry had added about 9.31 lacs SIP accounts each month on an
average during the FY 2018-19

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Category Weightage (%) Return Expected DSIJ Current


NAV AUM Total No of Expense
Scheme Name 1 Years 1 yr return Rank
Rank (`) (` Cr) Companies Ratio (%)
Large Cap Mid Cap Small Cap (%) (%) (22 FEB 19)
14 Mirae Asset India Equity Fund 47.25 10343 84.28 7.90 3.61 59 2.05 1.93 19.97 188 ()
15 Union Multi Cap 18.05 233 80.09 8.05 7.59 56 2.66 -2.70 19.74 195 ()
Equity - Value/Contra
1 Aditya Birla Sun Life Pure Value Fund 46.85 4078 29.16 17.47 48.20 80 2.28 -26.07 28.66 16 (21)
2 Indiabulls Value Discovery Fund 11.09 42 12.58 23.51 45.83 32 2.79 -18.83 28.18 21 (16)
3 IDFC Sterling Value Fund 46.48 2873 13.88 38.27 40.92 78 2.01 -15.67 27.63 23 (13)
4 ICICI Prudential Value Discovery Fund 135.05 15810 67.44 10.89 3.31 43 2.12 -5.07 24.81 48 (28)
5 SBI Contra Fund 100.40 1505 37.02 19.21 28.70 43 2.19 -14.26 24.66 50 (48)
6 Invesco India Contra Fund 44.21 3115 67.55 18.03 13.01 45 2.23 -3.68 24.43 53 (40)
7 Union Value Discovery Fund 9.81 149 70.60 8.90 17.02 61 2.85 ** 24.13 61 ()
8 HDFC Capital Builder Value Fund - Regular Plan 274.86 4159 65.53 10.40 20.89 59 2.32 -5.82 23.37 75 (72)
Equity - ELSS
1 IDFC Tax Advantage (ELSS) Fund 50.86 1710 46.95 21.65 24.35 72 2.01 -11.48 24.34 57 (52)
2 HDFC TaxSaver - Regular Plan 480.89 6862 84.26 7.33 5.83 44 2.05 -8.19 24.10 62 (55)
3 HSBC Tax Saver Equity Fund 33.21 157 60.78 15.91 22.17 40 2.72 -11.24 23.52 73 (73)
4 Quantum Tax Saving Fund - Regular Plan 51.94 73 76.54 13.59 2.06 27 1.46 -0.49 23.27 77 ()
5 Principal Tax Savings Fund 192.15 376 62.49 12.40 21.65 65 2.64 -9.72 23.06 81 (60)
6 Reliance Tax Saver Fund 50.32 9799 57.90 22.37 19.27 55 2.25 -20.20 22.76 88 (105)
7 Principal Personal Taxsaver 180.35 263 63.97 12.72 21.11 60 2.71 -9.09 22.55 96 (89)
8 ICICI Prudential Long Term Equity Fund 345.62 5547 71.97 16.79 7.16 48 1.94 -0.85 22.37 102 (111)
9 Motilal Oswal Long Term Equity Fund 15.83 1159 72.31 18.69 5.02 33 2.01 -10.66 22.02 109 (138)
10 L&T Tax Advantage Fund - Regular Plan 49.56 3120 54.74 23.01 16.02 59 2.16 -10.43 21.98 110 (94)
11 BOI AXA Tax Advantage Fund 46.15 200 41.83 24.63 28.83 57 2.99 -14.49 21.63 129 (167)
12 Sundaram Diversified Equity Fund 93.18 2539 55.17 30.37 12.38 60 2.21 -8.75 21.61 131 (162)
13 UTI Long Term Equity Fund 81.39 1056 59.39 29.78 9.26 59 2.51 -4.31 21.42 141 (75)
14 Invesco India Tax Plan 47.45 696 67.38 18.87 10.28 39 2.61 -0.50 21.06 154 (180)
15 Mirae Asset Tax Saver Fund 16.25 1315 74.38 13.83 10.43 57 2.30 0.60 19.71 196 ()
16 Franklin India Taxshield 529.31 3774 75.38 13.69 4.19 53 2.09 -1.75 19.22 215 (152)
17 Tata India Tax Savings Fund - Regular Plan 16.71 1555 76.44 12.84 7.17 42 2.10 -3.49 18.79 227 (231)
Hybrid - Equity Savings
1 Mirae Asset Equity Savings Fund 10.01 34 54.36 5.98 0.41 46 1.82 ** 23.85 69 ()
2 HDFC Equity Savings Fund - Regular Plan 35.28 6254 62.75 11.42 5.74 166 2.09 1.50 22.64 94 (107)
3 Aditya Birla Sun Life Equity Savings Fund 12.82 1215 44.43 22.32 5.58 67 2.21 -0.77 21.94 112 (87)
4 Reliance Equity Savings Fund 12.31 2136 58.05 7.93 6.07 74 2.02 -1.44 21.56 132 (118)
5 DSP Equity Savings Fund 12.04 1435 45.94 29.17 9.12 143 2.07 -1.26 21.50 133 (100)
6 ICICI Prudential Equity Savings Fund 13.27 1921 66.95 8.73 4.19 68 1.35 3.43 21.05 155 (149)
7 Edelweiss Equity Savings Fund 13.47 131 43.04 20.90 3.17 63 1.74 3.45 20.89 161 (328)
8 UTI Equity Savings Fund 9.88 342 61.49 13.41 3.40 67 1.78 ** 20.67 167 (143)
Hybrid - Dynamic Asset Allocation/Balanced Advantage
1 Kotak Balanced Advantage Fund 10.00 2485 49.26 14.35 5.43 146 2.39 ** 22.56 95 (102)
2 HDFC Balanced Advantage Fund - Regular Plan 182.55 38405 73.56 12.27 7.50 86 2.29 -1.51 21.74 122 (136)
3 L&T Dynamic Equity Fund - Regular Plan 23.35 553 52.61 14.40 8.19 55 2.49 2.75 20.76 165 (118)
4 IDFC Dynamic Equity Fund 12.70 1147 56.37 18.53 6.90 65 2.14 0.52 20.63 168 (139)
5 Motilal Oswal Dynamic Fund 11.73 1701 73.80 8.48 3.78 47 1.97 -2.11 19.27 214 (260)
6 Reliance Balanced Advantage Fund 86.64 1457 53.67 14.43 2.15 57 2.46 1.91 19.07 221 (186)
Solution Oriented
1 HDFC Retire. Savings Fund - Equity - Reg. Plan 15.87 596 43.32 14.86 24.78 62 2.67 -5.86 25.14 44 ()
2 Reliance Retire. Fund - Wealth Creation Scheme 12.29 1366 78.19 10.41 8.42 60 2.47 -7.91 24.28 59 (51)
3 ICICI Prudential Child Care - Gift Fund 130.77 601 58.52 11.71 4.31 23 2.56 -1.79 22.14 107 (273)
4 UTI CCF Investment Plan 34.81 263 69.64 17.28 6.86 63 2.93 -4.99 21.94 112 (116)
Hybrid - Multi Asset Allocation
1 ICICI Prudential Multi Asset Fund 248.70 10939 61.18 6.52 7.11 73 2.14 -3.95 27.59 24 (17)
Equity - Dividend Yield
1 ICICI Prudential Dividend Yield Equity Fund 15.18 178 49.73 15.62 28.73 32 2.82 -15.05 24.59 51 (60)
2 Aditya Birla Sun Life Dividend Yield Fund 149.23 800 44.26 24.54 25.64 63 2.42 -15.62 24.23 60 (53)

All the NAV figures are for date February 22, 2019. Trailing returns are also calculated for the same date. AUM, weightage of a stocks, number
of companies and expense ratio are for the period ending Jan. 2019. All the raw data is provided by Dion Global Solutions Ltd

DSIJ.in MAR 04 - 17, 2019 I DALAL STREET INVESTMENT JOURNAL 83

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