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| Name of Company | Neyveli Lignite Corporation Ltd |
| BSE Code | 513683 |
| NSE Code | NEYVELILIG |
| ICICI Code | |
| Established | |
| My Take | Like |
| Headquarters | Chennai/Neyveli |
| Promoters | Government of India |
| Story | |
| Sector | Power |
| Sub-sector | Mining and power production, diversifying into wind as well. |
| Website | |
| Positives | Revenues would increase as coal prices and power tariffs increase. A mini ratna. The company has very good NPMs at 25-30%. Very good reserves at 8600 Cr. Regular dividend yield at 0.75%. Can give a big dividend sometime to redistribute the reserves to shareholders if it does not have huge expansion plans. Moderate growth rates- has doubled topline in 5 years. Government has 93% stake. LIC has more than 3% stake. |
| Negatives | 4000 Cr debt which is almost equal to FY10 revenues. |
| Peers | |
| News | |
| Price @ blogged | 152 (13-Nov-10) |
| Cost of company | 25K cr reserves for a 25-30% NPM company with a FY10 profit at 1200 Cr and reserves at 8600 Cr. It has debt of 4000 Cr. Currently around 21 times. |
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