Name of Company | Eveready Industries India Ltd |
BSE Code | 531508 |
NSE Code | EVEREADY |
ICICI Code | |
Established | |
My Take | So-So |
Headquarters | Kolkata |
Promoters | |
Story | Has |
Sector | Manufacturing |
Sub-sector | Battery |
Website | |
Positives | Has a great brand for batteries. 600 Cr reserves for a <1000 Cr revenue. |
Negatives | No consistent NPM for the past 5 years (wavers between slightly negative to 15%). Competition from MNC players is huge. No regular dividend as well. 460 Cr market cap for a company with 300 Cr debt in FY09. Revenue has been almost flat for the last 5 years. 40% promoter share holding with 12 % of total shares pledged. |
Peers | |
News | |
Price @ blogged | 61.90 (23-Jun-10) |
Jun 23, 2010
Eveready Industries India Ltd - 531508
Subscribe to:
Post Comments (Atom)
LinkWithin
A look at the promoter's (Williamson Magor group) holdings:
ReplyDelete1. McLeod Russel (world's largest tea manufacturer)
2. Eveready (India's largest battery manufacturer)
3. McNally Bharat - Materials handling
4. Kilburn Engineering