It has a strong management likes of Mahindras & most +ve is the reach of this company in the remotest part of our country (mostly rural oriented). It is growing at 25-30% yoy. It is working mostly in Auto Financing & Tractor Financing. Recently also diversifying in Mutual Fund & Home Lone in Selective Market.

 

In bad sentiments like this for NBFC this stock is performing well.

 

I request Senior Members to look at this idea & give their comments. 

 

 

 

 

Scrip Code : 532720      Company : Mahindra

Type Audited Audited Audited Period Ending 31-Mar-08 31-Mar-07 31-Mar-06 No. of Months 12 12 12 Description Amount(Rs. million) Net Sales / Interest Earned / Operating Income 12,057.55 8,291.07 5,823.17 Other Income 210.46 155.05 140.92 Total Income 12,268.00 8,446.12 5,964.09 Interest Expended - -3,241.26 -2,194.42 Expenditure -9,460.84 -1,880.54 -2,096.39 Operating Profit 2,807.16 3,324.31 1,673.28 Profit Before Depreciation and Tax 2,807.16 3,324.31 1,673.28 Depreciation -87.28 -74.26 -51.73 Profit before Tax 2,719.88 3,250.05 1,621.54 Tax -949.64 -698.57 -538.82 Provisions and Contingencies - -1,222.65 - Net Profit 1,770.24 1,328.83 1,082.72 Equity Capital 952.88 840.19 833.14 Reserves 12,176.22 6,929.29 5,986.83 Basic And Diluted EPS after Extraordinary item - 15.81 14.59 Basic EPS after Extraordinary items 20.81 - - Diluted EPS after Extraordinary items 18.27 - - Nos. of Shares - Public 37,046,825.00 25,777,304.00 27,758,993.00 Percent of Shares-Public 38.23 30.00 32.00 Operating Profit Margin 23.28 - - Net Profit Margin 14.68 16.03 18.59 Cash EPS 19.49 - -   Notes Notes Notes Detailed