Indian Stock Picks: Zero-Debt

Showing posts with label Zero-Debt. Show all posts

Mar 25, 2012

Company	Clariant Chemicals India
BSE	506390
NSE	CLNINDIA
Price	650
As of date	40991
Market Cap	1732.95
PE	5.7
EPS	114.04
Div yield %	4.62%
Topline growth (5yr)	8.40%
Bottomline growth (5yr)	36.00%
Reserves	Reserves have increased from 283.58 to 340.44 from Dec '06 to Dec '10
Debt	Debt has decreased from 6.21 to 1.05 from Dec '06 to Dec '09
Shareholding	Promoters hold 63.4% of which -% are pledged
# of shares	2.67

Company	Wyeth
BSE	500095
NSE	WYETH
Price	839.1
As of date	40991
Market Cap	1957.11
PE	13.18
EPS	65.35
Div yield %	2.55%
Topline growth (5yr)	19.65%
Bottomline growth (5yr)	15.66%
Reserves	Reserves have increased from 233.94 to 362.05 from Mar '07 to Mar '11
Debt	Debt has decreased from 2.5 to 2.5 from Mar '07 to Nov '09
Shareholding	Promoters hold 51.12% of which -% are pledged
# of shares	2.33

Company	Clariant Chemicals India
BSE	506390
NSE	CLNINDIA
Price	618.3
As of date	Feb 03, 17:00
Market Cap	1,648.43
PE	5.77
EPS	107.12
Div yield %	4.85%
Topline growth (5yr)	9.15%
Bottomline growth (5yr)	36.00%
Reserves	Reserves have increased from 283.58 to 340.44 from Dec '06 to Dec '10
Debt	Debt has decreased from 6.21 to 1.05 from Dec '06 to Dec '10
Shareholding	Promoters hold 63.4% of which -% are pledged
# of shares	2.67

Name of Company	Wendt India Ltd.
BSE Code	505412
NSE Code	WENDT
ICICI Code
Established	1980
My Take	Like
Headquarters	Bangalore, plant in Hosur
Promoters	Wendt/Murugappa group
Story	They manufacture super abrasive grinding wheels (Diamond and cubic Boron Nitride), grinding machines and tools. The company is now a 40-40 partnership between Carborundum Universal (murugappa group) and Wendt group GmbH (Germany). Subsidiaries have plants in Thailand and Sharjah.
Sector	Abrasives
Sub-sector
Website	http://www.wendtindia.com
Positives	Zero debt company. Sales have increased from 57 to 89 Cr from FY07 to FY11. Profits have also risen from 8.7 to 15.95 in the same period. Promoters hold 80% of the shares, none pledged. Can expect a regular dividend of 1.25% at current prices (Rs. 20 a year)
Negatives	Can buy at around 10 times PE
Peers	Carborundum, Orient Abrasives, Grindwell
News
Price @ blogged	1700 (22-Jan-12)
Cost of company	340 Cr market cap for a 15.95 Cr NP in FY ending Mar ' 11 makes it 21.32 times. This is for a company with 0 Cr debt and 56.14 Cr reserves
Group	Fast growers
Growth	Good growth company, NP has doubled in 5 years

Name of Company	Bajaj Corp Ltd.
BSE Code	533229
NSE Code	BAJAJCORP
ICICI Code
Established
My Take	Like
Headquarters	Mumbai
Promoters	Shishir bajaj group (Kushagra Nayan Bajaj). Other group companies are Bajaj Hindustan, Bajaj Eco-Tec, Bajaj infrastructure development
Story	Listed in Aug 2010.
Sector	Personal care
Sub-sector	Hair oil, Shampoo
Website	http://www.bajajcorp.com/
Positives	Zero-Debt company with good brand recall.
Negatives
Peers
News
Price @ blogged	112 (04-May-11)
Cost of company	1652 Cr market cap for a 84.1 Cr NP in FY ending Mar ' 11 makes it 19.64 times. This is for a company with 0 Cr debt and 15.41 Cr reserves
Group	Recession protection
Growth