Alfred Herbert India Limited is an Indian Kolkata-based holding company. It is a part of the late R.S.Lodha group

Currently quoting @ 180

current m/cap is about 14 cr ( equity : 77 lakhs)

1) zero debt

2) cash + MF + equity investments of around 25 cr +

3) 100% subsidiary called Alfred herbert Ltd is into Tyre Building machines, tyre curing presses doing well with a segment profitability of 2.15 cr on revenue of 21 cr in 2009-10. the Factory is located at whitefied in Banglaore opp ITPL ( international tech park)

4) another 100% subsidiary Herbert Holdings has some land/buildings/warehouse in kolkatta

i expect 2010-11 EPS to double to about Rs.59 on back of increased orders for tyre / rubber manufacturing /processing machineries for its 100% subisidiary. My price expectation is between 350-450 within a 12 month period.

it seems a safe vehicle to board in the current market conditions.

p.s: i'm invested



Edited by jstk - 02/Sep/2010 at 3:43pm

Hey
Had a look on the company. Valuation wise the company looks good.
 The return on the investment that the company has made looks very good.
However if you can help me on these
what is the order book of its subsidiary.It was beaten down badly in the past.
And what all realty project  the company has undertaken currently?
I am confused regarding  the business model of this company and what should we bet on if we want to invest in this company.

Thanks

thanks for the kind word. Not a fund mgr. Manage own/family/close friends full time.

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