Active TopicsActive Topics  Display List of Forum MembersMemberlist  CalendarCalendar  Search The ForumSearch  HelpHelp
  RegisterRegister  LoginLogin

Stock Synopsis
 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Stock Synopsis
Message Icon Topic: hyderabad Industries Post Reply Post New Topic
<< Prev Page  of 7 Next >>
Author Message
Vivek Sukhani
Senior Member
Senior Member
Avatar

Joined: 23/Jul/2006
Online Status: Offline
Posts: 6675
Quote Vivek Sukhani Replybullet Posted: 05/May/2010 at 6:49pm
16 rupees is acceptable, but when one looks at the EPS, it does appear quite low. Less than 10 p.c payout is not justifiable.
 
What I liked in the results was the fixed asset addition. Any investment in productive capacity is a welcome move. Also, they have trimmed borrowings, but that should have been more aggressively done.
 
I guess, they will go for a split this year or next year. 
 
The reason why its not commanding a fancy P/E is because markets may be assuming this kind of a performance is non-repetitive. Also, the management is to be blamed partly for low P/E. They should have gone for a better dividend or a bonus, given the earnings and reserves position.  
Jai Guru!!!
IP IP Logged
samirarora
Senior Member
Senior Member
Avatar

Joined: 11/Jan/2009
Location: India
Online Status: Offline
Posts: 1037
Quote samirarora Replybullet Posted: 05/May/2010 at 7:41pm
Since this is only the first year of huge kind of EPS, i think hyderabad industries would do well by not distributing it all away... and if good performance continues, then they can get generous later on anyway.
Also, i am happy that they have not gone for stuff like bonus only after one good year..they can always announce a bonus mid year, after seeing what happens in the coming months.
 
Maybe they gave lesser dividend and would be using the funds to bring up the factory in bihar that i keep hearing about, if that is true ie.
 
All in all, EPS of 120 is what everyone was looking for, and that has been delivered and i think its better to look at the positives for now.
 
Having said that, i do think , its about time, the birlas became a bit more open and started to reward their shareholders...
 
Holding on to hyderabad industries.. lets see what the coming quarters bring. ..
IP IP Logged
Crazy
Newbie
Newbie
Avatar

Joined: 19/Oct/2009
Location: India
Online Status: Offline
Posts: 34
Quote Crazy Replybullet Posted: 05/May/2010 at 7:50pm
Originally posted by TCSer

cement per bag i selling for 330 rs like hotcakes n simlar is the story for asbestos sheet.moneyorder econonmy is in full swing.


Thats good news for hyd industries isnt it ?Shocked

They dont sell cement, they consume cement.

IP IP Logged
TCSer
Senior Member
Senior Member


Joined: 17/Mar/2008
Location: India
Online Status: Offline
Posts: 1882
Quote TCSer Replybullet Posted: 05/May/2010 at 11:41pm
Originally posted by Crazy

Originally posted by TCSer

cement per bag i selling for 330 rs like hotcakes n simlar is the story for asbestos sheet.moneyorder econonmy is in full swing.


Thats good news for hyd industries isnt it ?Shocked

They dont sell cement, they consume cement.



i know that their plant is not situated in north bihar .as such they are not affected by high cement prices prevailing there.

what i was trying to imply was about the huge demand in rural hinterland of india which makes companies like hyderabad industries a direct beneficiary.
IP IP Logged
TCSer
Senior Member
Senior Member


Joined: 17/Mar/2008
Location: India
Online Status: Offline
Posts: 1882
Quote TCSer Replybullet Posted: 05/May/2010 at 12:29pm
hyderabad industries to cross 1000 rs in 6 months.

http://economictimes.indiatimes.com/markets/stocks/views/recommendations/Hyderabad-Industries-to-cross-1000-in--six-months-Seshadri-Bharathan-KSEMA-Fincon-Ltd/articleshow/5893406.cms
IP IP Logged
bihisello
Senior Member
Senior Member


Joined: 28/Apr/2010
Online Status: Offline
Posts: 557
Quote bihisello Replybullet Posted: 05/May/2010 at 11:55am
This is running very fast today. Can't catch it with limit order.!!!
IP IP Logged
atulbull
Senior Member
Senior Member
Avatar

Joined: 17/Jan/2008
Location: India
Online Status: Offline
Posts: 642
Quote atulbull Replybullet Posted: 05/May/2010 at 11:57am

Expect double-digit growth next quarter: Hyderabad Ind


Hyderabad Industries has announced its fourth quarter results. The company's Q4 net profit was up at Rs 26.2 crore versus Rs 8.4 crore. Net sales came in at Rs 206.4 crore versus Rs 183.8 crore.

Abhay Shankar, Managing Director of Hyderabad Industries expects double-digit growth going into next quarter.  “We are planning capex of Rs 100 crore in FY11.” Funds for capex, he says, will be raised by a combination of debt and internal accruals.

Going forward, Shankar expects margins to hold at Q4 levels.


Price is what you pay.Value is what you get.
IP IP Logged
camanoj
Senior Member
Senior Member
Avatar

Joined: 10/Feb/2010
Location: India
Online Status: Offline
Posts: 195
Quote camanoj Replybullet Posted: 06/May/2010 at 12:17pm
Originally posted by atulbull

Expect double-digit growth next quarter: Hyderabad Ind


Hyderabad Industries has announced its fourth quarter results. The company's Q4 net profit was up at Rs 26.2 crore versus Rs 8.4 crore. Net sales came in at Rs 206.4 crore versus Rs 183.8 crore.

Abhay Shankar, Managing Director of Hyderabad Industries expects double-digit growth going into next quarter.  “We are planning capex of Rs 100 crore in FY11.” Funds for capex, he says, will be raised by a combination of debt and internal accruals.

Going forward, Shankar expects margins to hold at Q4 levels.


This implies that in jun10 qtr, pat will be flat yoy due to high base effect.
Manoj
IP IP Logged
<< Prev Page  of 7 Next >>
Post Reply Post New Topic
Printable version Printable version

Forum Jump
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot delete your posts in this forum
You cannot edit your posts in this forum
You cannot create polls in this forum
You cannot vote in polls in this forum



This page was generated in 0.031 seconds.
Bookmark this Page