Search This Blog

Nov 13, 2010

Dishman Pharmaceuticals & Chemicals Ltd - 532526

 

 

Name of Company

Dishman Pharmaceuticals & Chemicals Ltd

BSE Code

532526

NSE Code

DISHMAN

ICICI Code

Established

1983

My Take

So-So

Headquarters

Ahmedabad

Promoters

Story

Facilities in Europe, India and China. Listed in 2004. Acquisitions brought CRAMS CARBOGEN AMCIS (Swiss) and IO3S (Swiss) into Dishman.

Sector

Pharma

Sub-sector

CRAMS, APIs

Website

http://www.dishmangroup.com/

Positives

Good NPMs at 16-19%. Shows 600 Cr reserves (which almost 45% of current market cap). Regular dividends, yields around 0.8% at current prices.

Negatives

434 Cr of debt in FY10. Revenue guidance revised to 10%. FY09 revenue and profit was bigger than FY10 numbers.

Peers

Shasun, Divi's lab, Nicholas Piramal

News

Price @ blogged

169(12-Nov-10)

Cost of company

1361 Cr market cap for a 71 Cr FY NP makes it less than 20 times. 434 Cr debt and lower revenue visibility makes it costly even with high NPM's.

No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...