Search This Blog

Oct 13, 2010

J.Kumar infraprojects - 532940

 

 

Name of Company

J.Kumar infraprojects

BSE Code

532940

NSE Code

JKIL

ICICI Code

Established

1980

My Take

Dislike

Headquarters

Mumbai

Promoters

Jagdishkumar M Gupta

Story

Listed in 2008.

Sector

Infrastructure(Construction)

Sub-sector

Transportation (roads, airports), irrigation, buildings

Website

http://www.jkumar.com/

Positives

3 years of dividends from 2008. Regular profits from 2008. Good NPM (Close to L&T's) at 8-9%.

Negatives

Promoters have pledged 14% of the total shares, promoters stake have come down to 55% (from 60 odd)- ideally bringing control of 40% shares to the promoters. 54Cr of loans in FY10 when the profit was 70 Cr.

Peers

L&T, Punj Lloyd

News

Price @ blogged

258.20 (6-Oct-10)

Cost of company

717 Cr market cap for a FY10 NP of 70 Cr. Slightly > 10 times.

No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...