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Jan 2, 2012

Electrical sector



Company NameLast Price52 wk52 wkMarket Cap
HighLow(Rs. cr)
Bharat Elec1354.81887.9129310838.4
Genus Power8.1923.97.55130.14
JCT Electronics0.8420.866.21
ECE Industries74.151356465.08
Hind Rectifiers38.4578.953657.9
Centum Electron45.9141.8542.0556.76
Zicom Security26.356.2525.7533.4
Samtel Color3.2312.22.7227.62
SV Electricals10.13209.57.2221.04
Asian Electroni5.5621.755.3519.71
Circuit Systems1115.857.217.27
Cosmo Ferrites10.96218.7513.18
Shree Pacetroni36.1547.930.4513.01
Delta Magnets25.5554.825.112.42
Ruttonsha Int17211311.83
Deltron39.145.5539.111.14
Integrated Tech10.394910.394.97
Rama Vision4.6816.713.864.69
Incap8.3514.257.753.89
Fine-line Circ7.715.275.713.7
Samtel (India)4.968.54.963.52
Guj Poly AVX3.247.912.932.77
BCC Fuba3.89.943.562.3
Linaks Micro1.954.271.950.85

The only company in this sector with a medium to large size is Bharath Electronics.





CompanyCEPS *EPS *P/CP/E
Rama Vision0.40.0811.758.5
Delta Magnets2.810.59.0951.1
Deltron0.990.9939.4939.49
SV Electricals0.450.4522.5122.51
ECE Industries5.033.5614.7420.83
Centum Electron8.542.555.3718
Bharat Elec123.59108.3310.9612.51
Guj Poly AVX1.50.382.168.53
Ruttonsha Int42.314.257.36
Zicom Security10.73.652.467.21
Hind Rectifiers9.057.464.255.15
Cosmo Ferrites5.723.291.923.33
Genus Power3.643.32.252.48

Bharath cost 12-13 times. Companies that cost more than BEL seem to be very costly. More analysis may be needed. But These dont seem to be worth the price.



Company NameNet ProfitDebt
Asian Electroni-79.26168.6
BCC Fuba-0.375.77
Bharat Elec861.470.41
Centum Electron3.3937.92
Circuit Systems0.214.88
Cosmo Ferrites4.1816.51
Delta Magnets0.8415.19
Deltron0.11
ECE Industries2.091.63
Fine-line Circ0.07
Genus Power54.77300.2
Guj Poly AVX0.551.84
Hind Rectifiers10.127.25
Incap-0.446.17
Integrated Tech-1.246.32
JCT Electronics-19.86353.27
Linaks Micro-0.8729
Rama Vision0.350.57
Ruttonsha Int1.497.85
Samtel (India)02
Samtel Color-83.93298.49
Shree Pacetroni0.163.29
SV Electricals1.03
Zicom Security14.5863.75

From the debt, Asian electronics, JCT, Samtel Color and BCC may not even be able to run profits each year. that too with unsustainable debts. BEL is a PSU with very low debt. Genus and Zicom are companies which have good aspirations, but huge debt may bring its performance down during the bad years - so, need to watch the performance.

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