Name of Company | Austin Engineering Co Ltd |
BSE Code | 522005 |
NSE Code | Not listed |
ICICI Code | |
Established | 1973 |
My Take | Like |
Headquarters | Junagadh |
Promoters | |
Story | |
Sector | Industrial machinery |
Sub-sector | Bearing |
Website | |
Positives | Regulary profitable, regularly dividend paying. NPMs around 6-10% as good as it's larger peers. |
Negatives | Small company with MNC competitors. No growth seen in revenues (wavering, but not growing) |
Peers | SKF, Timken, FAG, NRB |
News | |
Price @ blogged | 68 (17-Feb-11) |
Cost of company | 23 Cr market cap for a FY10 NP of 7 Cr makes it at less than 3.5 times (FY11 seems to be lesser NP, say around 5 Cr). For 36 Cr reserves and 9 Cr debt, this seems cheap. |
Feb 17, 2011
Austin Engineering Co Ltd - 522005
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