| | |
| Name of Company | Amruthanjan Healthcare Ltd |
| BSE Code | 590006 |
| NSE Code | |
| ICICI Code | AMRLTD |
| Established | 1893 |
| My Take | Wait n Watch |
| Headquarters | Chennai |
| Promoters | |
| Story | Chemicals and OTC(over the counter) drugs. Famous in South India. 44% promoters, no FII holding, 40% Indian public. Sold Egattur property in Sep 2008 Qtr (80 Cr) and when they sold, dividend of Rs. 40 was announced. Price of the stock has kept rising from Rs. 120 to 600 though there has not been any spurt in topline and bottomline (from 2006 to 2010). Can buy when price is Rs. 300 or less (approx dividend income 5% - assuming Rs. 15 per year) |
| Sector | Pharma |
| Sub-sector | Ayurveda, balms, cold-relief |
| Website | http://www.amrutanjan.com/ |
| Positives | High Dividend Paying company, mostly loan free company (not paying any interest), Almost consistently showing 3-4 Cr profit every quarter (no growth though). OPM 20-25%, NPM around 10% (consistent). Consistent 25 Cr topline (per Qtr). |
| Negatives | No growth in topline or bottomline over the years. No new products (not sure if any are in pipeline). |
| Peers | |
Mar 14, 2010
Amruthanjan Healthcare Ltd 590006
Subscribe to:
Post Comments (Atom)
LinkWithin
No comments:
Post a Comment