Name of Company | Natural Capsules Ltd |
BSE Code | 524654 |
NSE Code | Not listed |
ICICI Code | |
Established | 1993 |
My Take | Like |
Headquarters | Bangalore |
Promoters | Mundra family |
Story | Manufacturing units in Bangalore and Pondicherry. |
Sector | Pharma |
Sub-sector | Gelatin based capsule shells |
Website | |
Positives | Can expect a regular dividend yield of 2%. regularly profitable company. Good ROCE's of more than 23%. debt equity ratio is 0.25. promoters hold 44% shares, but 8% of those are pledged (All of Nandi Synthetics' shares) |
Negatives | BSE website is not showing any reserves, but moneycontrol is showing. 8% pledged by Nandi Synthetics is causing some worry. This is a small company with no big FII/DII holding. |
Peers | |
News | |
Price @ blogged | 51.25 (22-Jan-11) |
Cost of company | 23 Cr market cap for a 4.27 Cr FY10 profit costs less than 5.5 times. For a company with 18 Cr reserves and 5 Cr debt seems cheap - esp for a regularly dividend paying, 12 to 15% NPM company. |
Jan 22, 2011
Natural Capsules Ltd - 524654
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