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Name of Company | VST Industries Ltd |
BSE Code | 509966 |
NSE Code | VSTIND |
ICICI Code | |
Established | |
My Take | Like |
Headquarters | Hyderabad |
Promoters | |
Story | |
Sector | FMCG |
Sub-sector | Cigrattes |
Website | |
Positives | Zero Debt, regular dividend – yield expected is at 3% (Rs. 20). ITC(has 9% stake), LIC, New India Assurance, NIC, OIC, etc have stakes in this company. Promoters hold 32% with none pledged. Maintaining 13-17% NPM from FY06 to FY10. Revenues have grown from 312 to 475 in the same time period. |
Negatives | 16 times earnings is as costly as ITC which is a 40 times bigger company. Website is not well organized, though results are regularly updated. Slow growth in revenues. |
Peers | |
News | |
Price @ blogged | 619 (20-Nov-10) |
Cost of company | 955 Cr market cap for a FY NP of 62 Cr less than 16 times. For a zero debt company with 230 Cr, this seems slightly costly |
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Nov 21, 2010
VST Industries LTD - 509966
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