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| Name of Company | Subuthi Finance Ltd |
| BSE Code | 531841 |
| NSE Code | |
| ICICI Code | |
| Established | 1992 |
| My Take | Dislike |
| Headquarters | Chennai |
| Promoters | A Raja Sukumar(of Indowind energy fame) is director, KV Bala is promoter and MD |
| Story | Subuthi owns about 13% of Indowind energy and has pledged 1% of the shares. |
| Sector | NBFC |
| Sub-sector | Lending and investment in ventures |
| Website | |
| Positives | |
| Negatives | Out of 200 Cr, even if value this as 10% i.e 20 Cr. I don't know how much they owe. Definitely not worth 69 Cr market cap. Earnings does not show any significant numbers. 13 lakhs, 11 lakhs are all profits which these company makes annually – No scope in near future that this would increase. |
| Peers | |
| News | |
| Price @ blogged | 140 (5-Sep-10) |
| Cost of company | 69 Cr market cap for a FY10 profit of 0.13 Cr. Even if you would pay 10 times net profit for such a company you can only pay 1.3 Cr – 69 Cr is atrocious even if you add the 20 Cr from Indowind. |
Sep 5, 2010
Subuthi Finance Ltd - 531841
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