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Jun 15, 2011

India Glycols - 500201

Name of CompanyIndia Glycols Ltd.
BSE Code
500201
NSE CodeINDIAGLYCOL
ICICI Code
Established
My TakeSo-So 
HeadquartersKashipur
Promoters
Story
SectorChemicals
Sub-sectorGlycols
Websitehttp://www.indiaglycols.com/ 
Positives53% promoter holding with 0.5% pledged shares. Heavy dividend payer during good years like FY08 (3-4%). Fy11 dividend yield was 1-1.5%.
NegativesWavering revenues. Heavy interest cost (86 Cr interest paid in FY11, when NPM was 25.6 Cr). FY09 was loss making – No reserves after that till FY11. NPMs wavering between -9% and 11%
Peers
News
Price @ blogged118.25 (15-Jun-11)
Cost of company329.71 Cr market cap for a 20 Cr NP in FY ending Mar ' 10 makes it 16.59 times. This is for a company with 1131.99 Cr debt and 366 Cr reserves
Group
Growth

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