Warning!!! ~ Caution on Sang Froid Labs at BSE Upper Circuit Rs 8.71!

How can BSE even have allowed Sang Froid to be directly listed from October 2015 ! ?

Bulk Trades ~ Lakhs of  Shares Trading Volume ~ Buy Reco being circulated under Share Khan Premium Service  with website as sharkhan.in  which just flashes on your screen repeatedly!!!

PLEASE STAY AWAY FROM SANG FROID LABS

SEBI must investigate how BSE allowed this Listing & the trading patterns in it….Wonder if  the Broking Group Sharekhan  & Pharma Co Ajanta Pharma will ignore that their names have been misused liked this for recommending Sang Froid…..I don’t believe Sharekhan has recommended this….& I dont believe Ajanta Pharma is associated with this company in any way let alone it being recommended as a Venture with it !

Right Now  this the Trap being set on the BSE Counter for Retail Suckers to buy into  with the reco on mobile circulation stating to buy 10000/20000 shares for  immediate rise to Rs 12/15 in just two days  for this Ajanta Pharma Venture !…Oh ! Stoploss of Rs 7 recommended too !

Market Depth (10 Mar 2016)
Buy Sell
Qty Price Price Qty
7,84,413 8.70 8.71 16,101
6,47,460 8.69 — —
7,59,942 8.68 — —
5,43,568 8.67 — —
5,16,346 8.66 —

 

This Company does nothing ! though it says on it’s website it wants to do this and that !…suppose to be in pharma….has no real business….At March 31,2014 it had no employees (Employee expenses  were only Rs 48000! & Revenue only Rs 1.75 lakhs).KMP were Ajay  & Vijay Kumar Sachdev & and Jitendra H Gohel.

Equity Issued & Subscribed was Rs 5.1 crs but paid up was just Rs 2.80 crs which included forfeited shares.The Negative Reserves were Rs 2.88 crs giving a negative networth at March 31,2014.The auditor was a Delhi Proprietory Firm M Madan & Co who signed the FY 14 Accounts in New Delhi on August 30,2014.There are barely any other Assets & Liabilities

FY 15  Statements show a different auditor,Ahmedabad based Proprietor S Kansal &  Associates who signed the FY 15 Statements in Ahmedabad on April 14,2015,within a fortnight of year closure

The Equity now shows Rs 5.1 crs & Negative Reserves are now lower at Rs 2.02  crs given a positive Networth of Rs 3.08 crs which has been applied to Short Term Advances of Rs 1.42 crs & Other Current Assets of Rs 1.7 crs ~ no info on how the Negative reserves dropped so much given that topline & bottomline figures are worse than Lemon Juice Collections by a Street Vendor !…how did subscribed equity of Rs 5.1 crs which was paid up just Rs 2.80 crs become paid up Rs 5.1 crs?

52 Week High was Rs 24.40 on january 8, 2016 and  current levels of Rs 8.7 are near lows

DON’T GET SEDUCED OR TEMPTED

WHY IN THE HELL HAS BSE ALLOWED THIS LISTING !  

Hey BSE CEO,Ashish Chauhan what’s Happening here ! ? 

PS  

Sharekhan,who’s name has been used to bulk recommend this on mobiles has issued a warning that they are investigating who is behind this….BSE Platform continues to be misused,and I daresay deliberately allowed to do so, by such Listed Companies that ought not to have been allowed listing in the first place   

Nirlon Ltd

Nirlon Ltd
Misc. Commercial Services
FV – Rs 10; 52wks H/L –213.9/153; TTQ – 273; CMP – Rs 192(As On March 9 2016; 11:30) ;   

Market Cap – Rs 1734.77 Crs                        

Standalone Financials and Valuations for 9Months FY16 (Amt in Rs.Crs unless specified)


Equity Capital
Net worth		 Long Term Debt
Total
Sales		 PAT
BV
(Rs)
TTM EPS (Rs)
TTM P/E
Industry P/E
P/BV
Promoter’s
Stake		 Beta
90.08 1541 594 215 54.96 171 8.8 21.8 19.92 1.1 71.59 0.85

 

Standalone Financials and Valuations for FY15 (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
90.08 1420 615 241 32.58 158 3.62 53.1 19.92 1.2 71.59 0.85

 

Valuation Parameters:

  1. Market Cap/Sales – 7.2
  2. Long Term Debt to Equity – 0.4
  3. ROE% – 2.3

 

The company declared dividend of Rs. 0.75 (7.5%) in 2014 during first time since 1985.

The boards of directors of Nirlon Ltd approved proposal for expansion of Phase V of NKP and to raise funds of Rs. 500 Crs from HDFC.

(http://articles.economictimes.indiatimes.com/2016-01-30/news/70201048_1_1980s-nirlon-rs-500-crore-hdfc)

GIC raises stake in Mumbai IT park Nirlon to 63.9% for $90M through open offer.

(http://www.vccircle.com/news/real-estate/2015/04/23/gic-raises-stake-mumbai-it-park-nirlon-639-90m-through-open-offer)

Overview:

  • Nirlon Ltd is engaged in the business of development of an industrial park/information technology (IT) Park and is involved in licensing of immovable property.
  • The Company is an owner of Nirlon Knowledge Park (NKP), a 23 acre campus located in Goregaon (East), Mumbai. A total of approximately 29.46 lakh square feet has been constructed in Phases I, II, III and IV corresponding to approximately 18.78 lakh square feet licensable area. The Company is in the process of conceptualizing, planning and evaluating the feasibility of further development/re-development of its existing old buildings in NKP (Phase V).
  • The total constructed area for Phases I, II, III and IV includes two levels of basements in Phase I, II and III and one level of basement, the ground floor (part), mezzanine and four upper levels of parking in Phase IV, as well as a 10 floor multi-level car parking (MLCP) housing the utilities, such as generator, chillers, water tanks and electrical infrastructure.

Management:

  • Mr. Moosa Raza – Chairman
  • Mr. Manish Parikh – CFO

Major Non-Promoter Holdings:

Sr.No Non – Promoters No. of Shares held % of shares held
1 Rajasthan Global Securities Limited 966551 1.07
2 Ares Diversified 1157630 1.28
3 Gulu C Waney 2670247 2.96
4 Albula Investment Fund Ltd. 1135476 1.26
  Total 5929904 6.58
 

Standalone Financial Trends (In Rs.Crs) :

Particulars FY15 FY14 FY13 FY12 FY11
Equity Paid Up 90.08 89.4 71.77 71.77 58.22
Networth 1420 1745 1661 1668 121
Total Debt 647 603 653 537 594
Net Sales 241 203 162 142 153
Other Income 2 2 2 5 42
PAT 32.58 31.64 12.03 -19.64 0.36
Book Value (Rs) 158 195 231 232 21
EPS (Rs) 3.62 3.54 1.68 -2.74 0.06

 

 

 

 

 

 

 

 

Ambika Cotton Mills Ltd

Ambika Cotton Mills Ltd
Textiles
FV – Rs 10; 52wks H/L –1148.25/630.5; TTQ – 273; CMP – Rs 835(As On March 8 2016; 12:00) ;    

Market Cap – Rs 490.71 Crs                        

Standalone Financials and Valuations for 9Months FY16 (Amt in Rs.Crs unless specified)


Equity Capital
Net worth		 Long Term Debt
Total  
Sales		 PAT
BV
(Rs)
TTM EPS (Rs)
TTM P/E
Industry P/E
P/BV
Promoter’s
Stake		 Beta
5.87 358 1.3 372 33.93 610 78.29 10.7 35.65 1.4 48.63 0.45

 

Standalone Financials and Valuations for FY15 (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
5.87 301 4 496 51.18 513 87.2 9.6 35.65 1.6 48.63 0.45

 

Valuation Parameters:

  1. Market Cap/Sales – 0.99
  2. Long Term Debt to Equity – 0.01
  3. ROE% – 17

 

The Company declared 140% dividend during 2014-15 i.e Rs.14 for each share held.

The Company, on account of manufacturing speciality cotton yarn, continues to have good demand for its products and continues to strengthen its production base by modernization and adding balancing equipments. The Company has installed windmills for 100% of its captive requirements and installed EHT line (110 KVA Sub-Station) for smooth flow of quality power. These measures will continue to support the operations of the company.

 

Overview:

  • Ambika Cotton Mills Limited (ACML) is an India-based company engaged in manufacturing and selling specialty cotton yarn. The Company operates through two segments, including Textiles and Windmills.
  • The Company’s products are made from various imported and Indian cotton. The Company manufactures Compact and Elitwist cotton yarn for hosiery and weaving.
  • The Company manufactures 100% cotton yarn counts varying from 24s to 140s combed, which are used for the manufacture of shirts and t-shirts globally.
  • The Company’s Spinning Plants are located at Kanniyapuram, Dindigul, and Windmills are located in Tirunelveli, Dharapuram and Theni in Tamil Nadu. The power generated from windmills is for captive consumption for manufacturing of cotton yarn.
  • Its four manufacturing units are situated in Dindigul, Tamil Nadu, with a total spindle capacity of 110,000, of which 100,000 spindles is of compacting system.

Management:

  • P V Chandran – CMD
  • M Vijaykumar – CFO

 

The Equity Capital is @ Rs 5.87 Crs consisting of 5875000 equity Shares of FV Rs 10 currently held as under

 

None Of the Promoter’s Holding is Pledged.

 

Major Non-Promoter Holdings:

Sr.No Non – Promoters No. of Shares held % of shares held
1 Valuequest India Moat Fund Ltd 142801 2.43
2 Catamaran Management Services Pvt.Ltd 117498 2
3 Saffron Agencies Ltd 111930 1.91
4 Apple Finance Ltd 180233 3.07
5 Eicher Goodearth Pvt Ltd 130093 2.21
6 Globe Capital Market Ltd 95610 1.63
Total 778165 13.25

 

 

 

Standalone Financial Trends (In Rs.Crs) :

Particulars FY15 FY14 FY13 FY12 FY11
Equity Paid Up 5.87 5.87 5.87 5.87 5.87
Networth 301 260 220 196 175
Total Debt 49 68 70 120 260
Net Sales 496 477 398 390 327
Other Income 3 0.2 0.3 0.7 9
PAT 51.18 48.14 30.98 23.88 53.02
Book Value (Rs) 513 443 375 334 298
EPS (Rs) 87.2 82.0 52.8 40.7 90.3

 

Risks:

  • Government policies.
  • Volatile Economic Environment.
  • Evacuation of 100% Wind energy generated to State Grid.