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Bombay Burmah Trading Corporation Ltd

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

Bombay Burmah Trading Corporation Ltd

Bombay Burmah Trading Corporation Ltd
Tea & Coffee
FV – Rs 2; 52wks H/L –611.95/311; TTQ – 1.54 Lacs; CMP – Rs 491 (As On August 9 2016; 11.00);                                  
Market Cap – Rs 3426 Crs

Consolidated Financials and Valuations for FY16 (Amt in Rs Crs unless specified)


Equity Capital

Net worth
Long Term Debt
Total  
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

Industry P/E

P/BV

Promoter’s
Stake
Beta
13.95 1885 310 9071 380.96 270 54.62 9 21.54 1.8 65.91 1.96

 

Standalone Financials and Valuations for Q4 FY16


Equity Capital

Net worth

Total  
Sales
PAT
BV
(Rs)

TTM EPS (Rs)

TTM P/E

Industry P/E

P/BV

Promoter’s
Stake
Beta
13.95 1885 60 -16.24 270 -2.33 21.54 1.8 65.91 1.96

 

Valuation Parameters:

  1. Long Term Debt to Equity – 0.16
  2. ROE % – 20.21
  3. Market Cap/Sales – 0.38

Bombay Burmah Trading Corp(BBTC) is a holding company for Britannia and other companies of Wadias. BBTC holds  50.75% in Britannia. (Market Cap of Britannia is Rs.37647 Crs.)

During FY2015 the company sold its Land and Building in Padi, Chennai resulting in a profit of Rs.159.92 Crs.

Overview:

  • The Bombay Burmah Trading Corporation Ltd operates through the following segments: Plantation Products (produces/trades in Tea, Coffee, Timber, Cardamom and Pepper); Dental Products (manufactures/trades in Health Care/Dental products); Auto Ancillary Products (manufactures, solonoids, switches, valves, slip rings etc. for automobile and other industries); Investments (invests in various securities listed as well as unlisted mainly on a long term basis); Weighing Products (manufactures/trades in Analytical, Precision Balances and Weighing Scales), and Real Estate (represents property development).
  • It operates through the following subsidiaries: Dowbiggin Enterprises Pte. Limited, Nacupa Enterprises Pte. Limited, Spargo Enterprises Pte. Limited, Valletort Enterprises Pte. Limited and Bannatyne Enterprises Pte. Limited.
Business % to total turnover of the company
Tea 36.79
Coffee 7.51
Autoancillary 43.07
Dental Products 9.74

 

     

 Management:

  • Nusli Wadia – Chairman
  • Ness Wadia – MD
  • Amit Chhabra – CFO

The Equity Capital is @ Rs 13.96 Crs consisting of 69771900 equity Shares of FV Rs 2 currently held as under

2.85% Of the Promoter’s Holding is pledged.

Major Non-Promoter Holdings:

Sr.No Non – Promoters No. of Shares held % of shares held
1 Wallace Brothers Trading & Ind Ltd 5660700 8.11
2 Reliance Cap. Trustee Co. Ltd A/c. Reliance Regular Savings Fund – Equity 2050000 2.94
Total 7710700 11.05

 

Consolidated Financial Trends (In Rs. Crs) :

Particulars FY16 FY15 FY14 FY13 FY12 FY11
Equity Paid Up 13.95 13.95 13.95 13.95 13.95 13.95
Networth 1885 1563 1290 1145 1091 900
Total Debt 760 812 779 892 799 1281
Net Sales 9071 8352 7359 6595 6004 5303
Other Income 102 155 88 76 76 156
PAT 380.96 356.87 207.11 132.27 230.16 117.63
Book Value (Rs) 270 224 185 164 156 129
EPS (Rs) 54.62 51.16 29.69 18.96 33.00 16.86

 

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