Name of Company | India Glycols Ltd. |
BSE Code | 500201 |
NSE Code | INDIAGLYCOL |
ICICI Code | |
Established | |
My Take | So-So |
Headquarters | Kashipur |
Promoters | |
Story | |
Sector | Chemicals |
Sub-sector | Glycols |
Website | http://www.indiaglycols.com/ |
Positives | 53% promoter holding with 0.5% pledged shares. Heavy dividend payer during good years like FY08 (3-4%). Fy11 dividend yield was 1-1.5%. |
Negatives | Wavering 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 @ blogged | 118.25 (15-Jun-11) |
Cost of company | 329.71 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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Jun 15, 2011
India Glycols - 500201
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