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FDC Ltd

Printed From: The Equity Desk
Category: Investment Ideas - Creating winning portfolios!
Forum Name: Stock Synopsis
Forum Discription: A bried discussion of companies on very specific matters. Normally this is the prelude for further research as always members would be discussing quality companies with good management only
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=2647
Printed Date: 21/Apr/2025 at 4:22pm


Topic: FDC Ltd
Posted By: tigershark
Subject: FDC Ltd
Date Posted: 28/Jan/2010 at 1:32pm
FDC-a largely domestic pharma formulation player with across the segments products.plus an exporter of bulk drugsand api ,and a small presence in the food business thru oral rehydration mix and neutrceuticals.ROE =29%.debt almost  0 ,available at 10-11 pe current yr.3qrt results are good with a close to 20% increase in sales and almost 100% increase in np.products are well accepted by the medical community at least my personal experience.maybe those interested to get exposure to the domestic pharma business can study this business , competition from larger players is the major drawback, so also raw mat costs,and to some extent $ exchange rate.i have been brief .div yield is 1.97 trailing


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understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things



Replies:
Posted By: nikhil090
Date Posted: 28/Jan/2010 at 8:22pm
This is good stable company which is quite cheap. Probably amongst the cheapest in formulations players alongside Unichem.

Infact they would have more than 150 cr cash in their BS (i mean investment portfolio) and they have been buying back shares - last buy back planned at 65 Rs consistently raising it from Rs 40 to 65 per share..

I posted in my thread couple of months back

Originally posted by nikhil090

ok. I will if they respond back.

Saw the annual report of FDC. Company has strong balance sheet and is doing well. Investment of 110 cr in equity + debt. They can grow at 12-15% again on yearly basis.

Company is also buying back shares and extinguishing them. Already bought 32 L shares and still buying agressively any stock at less than 40.
Promoters are not allowed to sell and this would mean that their stake in the company will increase.
So I hope this can provide some downward cushion and possibly some upward trigger.



Posted By: hit2710
Date Posted: 28/Jan/2010 at 10:07pm
This is one company which could be accumulated regularly. their niche is their penetration and hold in the local market through aggresive pricing and aggresive marketing.

Lynch's kind of company which constantly buys back its own shares.

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Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart.


Posted By: funkyappu
Date Posted: 27/Mar/2010 at 2:35pm
Electral is their brand. It gives them 10% of their sales.

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Posted By: tigershark
Date Posted: 27/Mar/2010 at 4:22pm
Originally posted by funkyappu

Electral is their brand. It gives them 10% of their sales.
enerzal is another brand of similair nature of the same co try it now that the summer is heating up


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understanding both the power of compound return and the difficulty getting it is the heart and soul of understanding a lot of things


Posted By: funkyappu
Date Posted: 27/Mar/2010 at 4:40pm
Why'll I need an ORS/Anti-diarrhoeal for?  Yes....it comes in flavours...... I know

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Posted By: funkyappu
Date Posted: 27/Mar/2010 at 4:43pm
Electral too has many flavours........including apple.....which I doubt will find public acceptance. I have rarely seen people goig for apple juice.........Apple with soda is good....like Appy Fizz.

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Posted By: funkyappu
Date Posted: 27/Mar/2010 at 5:06pm
Why FDC is holding huge amounts of cash, around 100 crores, as investments? Are they not able to find any use for it?

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Posted By: studentoflife
Date Posted: 27/Mar/2010 at 7:58pm

In 2006 Forbes rated FDC as the "BEST UNDER A BILLION COMPANIES"



Posted By: vaib
Date Posted: 27/Jul/2010 at 9:00pm
Any thoughts on FDC ? Results haven't been very good. EPS dropped.


Posted By: prabhakarkudva
Date Posted: 27/Jul/2010 at 11:03am
Originally posted by tigershark

FDC-a largely domestic pharma formulation player with across the segments products.plus an exporter of bulk drugsand api ,and a small presence in the food business thru oral rehydration mix and neutrceuticals.ROE =29%.debt almost  0 ,available at 10-11 pe current yr.3qrt results are good with a close to 20% increase in sales and almost 100% increase in np.products are well accepted by the medical community at least my personal experience.maybe those interested to get exposure to the domestic pharma business can study this business , competition from larger players is the major drawback, so also raw mat costs,and to some extent $ exchange rate.i have been brief .div yield is 1.97 trailing


Heard good things about this from my cousin who is a doctor.


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Take your chances and keep them in a box until a quieter time.


Posted By: pramodjain
Date Posted: 02/Aug/2010 at 9:53pm
In present market condition where every thing is almost expensive FDC available at reasonable valuation. I think its a good defensive buy and hold stock may give 20%+ return in six month time

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"We simply attempt to be fearful when others are greedy, and greedy only when others are fearful."


Posted By: mane.ramesh
Date Posted: 26/Aug/2010 at 12:04pm
http://economictimes.indiatimes.com/markets/stocks/stocks-in-news/Heard-on-the-Street-FDC-soars-as-Rareing-Bull-accumulates-stock/articleshow/6435695.cms< id="gwProxy" ="">< ="if(of(jsCall)==''){jsCall();}else{setTimeout('jsCall()',500);}" id="jsProxy" ="">


Posted By: chimak10
Date Posted: 31/Aug/2010 at 1:56pm
Bump

Here you go subu sir.

Now all the doctors here like this company!!!!


Posted By: subu76
Date Posted: 31/Aug/2010 at 2:31pm
It's cheap for sure.... Smile
not sure what's the track record


Posted By: chimak10
Date Posted: 31/Aug/2010 at 2:43pm
EPS at ALLMOST constant equity

FY06     FY07     FY08     FY09     FY10
                    
3.63     3.43     3.3     4.52     7.99

It looks cheap cause of the last years performance.?????






Posted By: hawakeye
Date Posted: 01/Sep/2010 at 9:20pm

enterd into  FDC this morning. shot up 10% by evening. Hope it stays thereSmile



Posted By: tejas.k
Date Posted: 03/Nov/2010 at 9:03pm
up 8% today. any news?


Posted By: hawakeye
Date Posted: 05/Nov/2010 at 7:40pm
good quarterly results


Posted By: KetanAdmirer
Date Posted: 06/Nov/2010 at 6:07pm
Hearing target of Rs.150...

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Cheers
Anand



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