Adani Gas Ltd.

Adani Gas Ltd.

Adani Gas
  CMP FV 52 W High 52 W low Market Cap Equity Net Worth Total Debt Revenue PAT EPS BV PE PB Promoter Holdings
  Rs Rs Rs Rs Cr Cr Cr Cr Cr Cr Rs Rs     %
2020 Q1 150.6 1 184.25 70.2 16563 110 1181 346 490 79 0.72 10.74 52.24 14.02 74.8
2019 150.6 1       110 1102 346 1910 229 2.08 10.02 72.42 15.03 74.8

 

On 14th October, 2019 Total buys 37.4 per cent stake in Adani Gas for Rs 6,155 crore.

The company believes that India will transition to a gas-based economy to address climate

change concerns by using cleaner and greener fuels.

The deal gives Total joint control of Adani Gas. The acquisition is the largest foreign direct investment in India’s city gas distribution (CGD) sector.

The acquisition is going to happen through a tender offer to public shareholders to acquire up to 25.2% shares at ₹149.63 per share, subject to applicable regulations and purchase the residual shares from the Adani Family.

 

 

 

 

 

 

Daily Bulletin (14th October, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191014-39

1.Scrip code : 542066
Name : Adani Gas Limited
Subject : Open Offfer
Citigroup Global Markets India Private Limited ( Manager to Offer) has submitted to BSE a Copy of Public Announcement (“PA”) for open offer (“Offer”) for acquisition of up to 27,71,46,602 Equity Shares from shareholders of Adani Gas Limited (“Target Company “) by Total Holdings SAS (“Acquirer”) pursuant to and in compliance with Regulation 3, 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011, as amended.

2.Scrip code : 541352
Name : Megastar Foods Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
it is hereby informed that the company has acquired 20,00,000 (Twenty Lakh) fully paid up equity shares of Rs. 10/- each of the wholly owned subsidiary M/s Megapacific Ventures Private Limited for an aggregate consideration of Rs. 2,00,00,000/- (Rupees Two Crores Only) vide allotment dated 09.10.2019. The said equity shares has been issued and allotted to the company on right issue basis

3.Scrip code : 501622
Name : Amalgamated Electricity Co. Ltd.
Subject : Corporate Action Record Date Fixed On 25-10-2019
In terms of Regulation 42 (2) of SEBI (LODR) Regulations, 2015, we would like to inform you that Board of Directors of the Company through circular resolution dated 11-10-2019 has considered and approved Friday October 25, 2019 as the record date for the of purpose determining the eligibility of members of the Company being entitled for receiving the Sub-divided Equity Shares of the Company (SPLIT).

4.Scrip code : 502015
Name : ASI INDUSTRIES LIMITED
Subject : Court Convey Meeting Of Shareholders Of The Company On 18Th November, 2019
This is to inform you that the National Company Law Tribunal, Mumbai Branch, vide its order dated 11th October, 2019, inter-alia, directed the Company to convene and hold the meeting of the equity shareholders of the Company for seeking their approval to the Scheme of Amalgamation between ASI Industries Limited (Transferee Co.) and Deejay Mining and Exports Private Limited (Transferor Co.) and their respective shareholders. Accordingly, a meeting of the equity shareholders would be held on Monday, 18th November, 2019 at 419-B, Kalbadevi Road, Joshiwadi, 2nd Floor, Mumbai-40006 at 10.00 am. We enclosed herewith copy of the notice of the meeting along with the explanatory statement and relevant annexure for convening the meeting of the equity shareholders which is being sent to all the equity shareholders by the permitted mode

5.Scrip code : 509631
Name : HEG Ltd.
Subject : Board Meeting Intimation for Board Meeting To Consider Inter-Alia The Unaudited Financial Results (Standalone & Consolidated) Of The Company For The Quarter & Half Year Ended The 30Th September, 2019.
HEG LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2019 ,inter alia, to consider and approve Board meeting to consider inter-alia the unaudited financial results (Standalone & Consolidated) of the Company for the quarter & half year ended the 30th September, 2019.

BONDING WITH GOLD

BONDING WITH GOLD

Gold has always been the ‘go to’ asset for most Indians , more for security than for returns

 

Yet the returns from Gold have been sparkling in just a year from 2018 Dhanteras,the auspicious day to buy Gold, to date in October 2019

 

In fact it’s CAGR too has been more or less matched Equities over a 10 year & 20 Year period this millineum .

 

Gold is one of the largest imports of India and is subjected to a duty of 12.5% in the 2019 budget as opposed to the previous 10%, plus 3% GST.

Globally, gold is quoted in dollars per troy ounce. In order to understand the Rupee per gram price, dollars need to be converted to rupees and ounces to grams.

 

Current Gold Price: $1506/ounce 

1 troy ounce=31.10 grams 

1 dollar= Rs. 71.05

Gold price in India: Rs. 3948/g

 

Gold has given consistent returns in the past 2 decades. Despite the fact that it has almost never outperformed equity, it has been a way to hedge against economic crises.Below is the approximate return gold has generated in the past 10 and 20 years.

 

10 Years 20 Years
CAGR 10.08% 12%
Absolute 161% 761%

 

Another important thing to note is that the returns on gold have almost always been upward sloping and consistent.

Given that gold is consistent and safe, how do investors gain exposure to this asset class in their portfolio?

The obvious choice is buying physical gold but the carrying costs and safety risks associated to that outweigh the benefits of holding physical gold being increased liquidity. 

Another way is gold Exchange Traded funds:

Gold ETFs are comparatively safer but generate lower returns than actual gold due to the management fees and attract long term capital gains tax after 3 years. Gold ETFs cannot be used as collaterals for loans either. 

 

Physical Gold Gold ETF
Returns Making Charges may reduce returns Less than actual return on gold
Risks Prone to wear and tear/ theft Comparatively safer an in e-form
Purity Needs to be checked High as it is in electronic form
Taxability LTCG after three years LLTCG after three years
Collateral for loan Can be used as collateral Cannot be used as collateral
Liquidity Need to find buyers in person Tradable on Stock Exchange
Carrying Costs High Lower as held in e-form.

 

So how does one then gain exposure to gold without the risks associated to holding it physically and with the ability to use it as a collateral for a loan. 

 

This is where the benefits of Sovereign Gold Bonds come into play.

 

Sovereign Gold Bonds are government securities issued by Reserve Bank on behalf of Government of India denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity (8 years) the bonds can be redeemed prematurely after the 5th year on coupon payment dates.In addition to any capital gains,investors are paid 2.5% interest p.a on a semi annual basis where the amount is directly credited to their bank account.

 

Any investor (Individuals, HUFs, Trusts, Universities and Charitable Institutions) can buy a minimum of 1g to a maximum of 4kg-Individuals and HUF and 20kg -Trusts and similar institutions.

SGBs provide tax benefits, can be used as collateral for loans with the same loan to value ratio as physical gold and investors get paid a small rate of interest from the GoI.

 

The returns of SGB are similar to the returns of actual gold but due to the fact that SGB are illiquid in nature, selling the bonds in the secondary market may provide lower returns and holding the bond to maturity maybe more beneficial from the return and tax perspective.

 

Taxability: 

Interest on the Bonds will be taxable as per the provisions of the Income-tax Act. The capital gains tax arising on redemption of SGB to an individual has been exempted. The indexation benefits will be provided to long terms capital gains arising to any person on transfer of bond before maturity.

 

Loan Against the Bond:

these securities are eligible to be used as collateral for loans from banks, financial Institutions and Non-Banking Financial Companies (NBFC). The Loan to Value ratio will be the same as applicable to ordinary gold loan prescribed by RBI from time to time. Granting loan against SGBs would be subject to decision of the bank/financing agency.

 

Primary v/s Secondary:

 

The liquidity risks associated with SGBs mean that they will always be available in the secondary market at a discount of 5-6% to the market vale of gold.The price of Sovereign Gold Bonds 2.75% NOV 2023 Tr-I Ltd. Is currently Rs. 3680.(10/10/19) This Bond will be redeemable on coupon dates from 2020. 

The RBI is currently issuing Tr-5 bonds at Rs.3738 at 2.5% The tenor of the Bond will be for a period of 8 years with exit option after 5th year to be exercised on the interest payment dates. This means that today, a sovereign gold bond which can be redeemed with the RBI next year onwards is available at a cheaper price. 

Despite the fact that the coupon payments will be around Rs 20 p.a. lower on the Nov 2023 bond (2.75% on issue price Rs.2684 approximately), we cannot ignore the capital appreciation potential and the increased liquidity of it. If one anticipates the global gold prices to increase at a rate that outweighs the difference in coupon payments Rs. 20, then perhaps buying the bond from the secondary market will provide superior returns in the short term and if one holds the bond to maturity in 2023 then they will receive the tax advantage as LTCG on redemption on SGBs is exempted.

Given the price history of gold in the past 2 years the capital gain outweighs the interest payments to investors

Ultimately the reason for investing in SGBs is to protect your capital and take advantage of the appreciation in gold prices without going through the trouble of storing it physically and taking he risks associated with holding gold. The proceeds from SGBs also help the Government and the government can keep better track of the amount of gold held by the citizens of India. In previous years the Government came up with the gold monetisation scheme in order to bring the black market gold into the economy as Indians hold more gold than official numbers state. The SGBs help with this cause as well encouraging the switch from physical to electronic form gold.

Disclosure & Disclaimer

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This Report is under our free access SCRIP STANDPOINT Module.It is for the personal information of the recipient/reader.We we are not soliciting any action based upon it. This report is not to be construed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction. It is our Viewpoint for general information purposes only.It does not take into account the particular investment objectives, financial situations, or needs of individuals & other entities .We have reviewed the report, and in so far as it includes current or historical information, it is believed to be reliable though its accuracy or completeness cannot be guaranteed. Neither JSAAPL, nor any person connected with it, accepts any liability arising from the use of this document. The recipients of this material should rely on their own investigations and take their own professional advice. Opinions expressed are our current opinions as of the date appearing on this material only.No part of this material may be duplicated in any form and/or redistributed without JSAAPL’s prior written consent.

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Daily Bulletin (11th October, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191011-38

1.Scrip code : 506414
Name : Dil Limited.
Subject : Announcement under Regulation 30 (LODR)-Allotment
Intimation about the Allotment of 637,537 equity shares (New Securities) of the face value of INR.5/- (Rupees Five only) each, fully paid-up to the members of Fermenta Biotech Limited, as on the Record Date pursuant to the Scheme of Amalgamation: The Committee of Board of Directors of the Company have issued and allotted 637,537 equity shares (New Securities) of the face value of Rs. 5/- (Rupees Five only) each, fully paid-up, to the members of Fermenta Biotech Limited, as on the Record Date of October 10, 2019, as per the exchange ratio in terms of the Scheme. Consequent to the said allotment of New Securities, the paid-up share capital of the Company has increased From: 91,72,792 equity shares of Rs. 5/- each, amounting to Rs. 4,58,63,960 To: 98,10,329 equity shares of Rs. 5/- each amounting to Rs. 4,90,51,645 An application will be made for listing and trading approval of BSE Limited for the above New Securities in due course.

2.Scrip code : 539978
Name : Quess Corp Limited
Subject : Summary Of Proceedings And Voting Results Of Extra-Ordinary General Meeting Of Equity Shareholders Of The Company Held On 10Th October, 2019.
This is to inform you that an EGM of Equity Shareholders of the Company was held on Thursday, 10th October, 2019 at 11:00 a.m. at Royal Orchid Central, No. 47/1, Dickenson Road, Manipal Centre, Bengaluru (KA) 560042, to consider and approve the Page 67 bu111019 Scheme of Amalgamation between ‘Aravon Services Private Limited’, ‘CentreQ Business Services Private Limited’, ‘Coachieve Solutions Private Limited’, ‘Master Staffing Solutions Private Limited’ (‘Transferor Companies’) with ‘Quess Corp Limited’ (‘Transferee Company’) and their respective Shareholders and Creditors, which was approved with requisite majority.

3.Scrip code : 530023
Name : THE INVESTMENT TRUST OF INDIA LIMITED
Subject : NCLT Direction Meeting Of The Equity Shareholders Of The Company Will Be Held On Friday, 8Th November 2019
Scheme of Amalgamation and Arrangement of ITI Management Advisors Limited (‘Transferor Company’) and The Investment Trust of India Limited (‘Transferee Company’) and their respective Shareholders and Creditors

4.Scrip code : 500413
Name : Thomas Cook (India) Ltd.
Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement
We are pleased to inform you that the Hon’ble National Company Law Tribunal, Mumbai Bench, has, at the hearing on 10th October, 2019, allowed the Composite Scheme of Arrangement and Amalgamation amongst TC Forex Services Limited and Travel Corporation (India) Limited and TC Travel Services Limited and SOTC Travel Management Private Limited and Thomas Cook (India) Limited and Quess Corp Limited and their respective shareholders. We are in the process of obtaining the certified copies of the order. Further, the final hearing for Quess Corp Limited is scheduled on 18th October, 2019 in the Hon’ble National Company Law Tribunal, Bengaluru Bench. Once the order is received from both the NCLT Benches and filed with the respective Registrars of Companies, the scheme shall be made effective. We shall keep you informed on the progress in this regard.

5.Scrip code : 532281
Name : HCL Technologies Ltd
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
Sub: Updates- HCL Technologies acquires Sankalp Semiconductors Private Limited Dear Sir, This is further to our letter dated September 9, 2019 wherein the Company had intimated the acquisition of Sankalp Semiconductors Private Limited and a disclosure in terms of Regulation 30(4) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015 was submitted. We would like to inform you that the aforesaid acquisition has been completed effective October 10, 2019. This is for your information and records.

6.Scrip code : 500187
Name : HSIL Limited
Subject : Apportionment Of Cost Of Acquisition Of Equity Shares Of HSIL Limited And New Shares Issued By Somany Home Innovation Limited Pursuant To The Composite Scheme Of Arrangement Between HSIL Limited (Transferor Company), Somany Home Innovation Limited (First Transferee Company) And Brilloca Limited (Second Transferee Company) And Their Respective Shareholders And Creditors Under Sections 230 To 232 Of The Companies Act, 2013 (Scheme Of Arrangement)
Dear Sir/Madam, With reference to the captioned subject, we have attached herewith the communication being issued for general guidance of shareholders of the Company pertaining to apportionment of the cost of acquisition as per the provisions of the Income Tax Act, 1961 of (i) shares of HSIL Limited; and (ii) new shares issued and allotted by Somany Home Innovation Limited pursuant to the Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Kolkata Bench. This is for your information and widely dissemination for the shareholders of the Company.

7.Scrip code : 532832
Name : Indiabulls Real Estate Limited
Subject : Outcome of Board Meeting
Further to our intimation dated October 08, 2019 and in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that the Board of Directors of Indiabulls Real Estate Limited (the ‘Company’) at its meeting held on October 11, 2019 (which commenced at 11:30 AM and concluded at 12:10 PM) has approved a proposal of Rs. 500 Crores of buyback (hereinafter referred to as the ‘Buyback Size’) of upto 5 Crore fully paid-up Equity Shares having face value Rs. 2/- each of the Company, representing approx. 11% of its total existing paid-up equity capital (‘Equity Shares’) at Rs. 100/- per Equity Share (hereinafter the ‘Buyback Price’), through the ‘Tender Offer’ route, as prescribed under SEBI (Buy-Back of Securities) Regulations, 2018 (‘Buyback Regulations’) and the Companies Act, 2013 and rules made thereunder, as amended (hereinafter referred to as the ‘Buyback’). For details refer attachment.

8.Scrip code : 532960
Name : Indiabulls Ventures Limited
Subject : Outcome of Board Meeting
Further to our intimation dated October 08, 2019 and in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that the Board of Directors of Indiabulls Ventures Limited (the ‘Company’) at its meeting held on October 11, 2019 (which commenced at 10:00 a.m. and got concluded at 10:35 a.m.) has approved a proposal of Rs. 1,000 Crores of buyback (hereinafter referred to as the ‘Buyback Size’) of upto 6,66,66,666 Fully Paid-up Equity Shares having Face Value Rs. 2/- each of the Company, representing 12.61% of its total existing fully paid-up equity capital (‘Equity Shares’) at Rs. 150/- per Equity Share (hereinafter the ‘Buyback Price’), through the ‘Tender Offer’ route, as prescribed under SEBI (Buy-Back of Securities) Regulations, 2018 (‘Buyback Regulations’) and the Companies Act, 2013 and rules made thereunder, as amended (hereinafter referred to as the ‘Buyback’). For details, pls. refer attachment.

Daily Bulletin (10th October, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191010-38

1.Scrip code : 535789
Name : INDIABULLS HOUSING FINANCE LIMITED
Subject : Update
This is to inform you that RBI vide their letter dated October 9, 2019 has informed that the application for voluntary amalgamation of the Company with Lakshmi Vilas Bank can’t be allowed. Now that the merger will not happen with Lakshmi Vilas bank, the uncertainty of last 5 months on the business is lifted and the Company will focus on its growth of the core business of housing finance. From its core business, the Company has paid a total of Rs 10,530 crores ($ 1.5 billion) in dividends translating to total dividends of Rs 271 per share on a Rs 2 paid up share to its shareholders in the last 10 years. The Company will continue with its policy of quarterly dividends going forward. The Company has strong networth of approx Rs 19,000 crores ($2.7 billion) and healthy liquidity and cash balances of over Rs 18,000 crores ($2.5 billion) as on date. For further details, refer PDF file.

2.Scrip code : 532540
Name : Tata Consultancy Services Ltd.
Subject : Announcement under Regulation 30 (LODR)-Date of payment of Dividend
We would like to inform you that at the Board Meeting held today, the Directors have declared a second interim dividend of Rs.5 and a special dividend of Rs.40 per Equity Share of Re.1 each of the Company. The second interim dividend and the special dividend shall be paid on Thursday, October 24, 2019 to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Friday, October 18, 2019 which is the Record Date fixed for the purpose.

3.Scrip code : 540743
Name : Godrej Agrovet Limited
Subject : Increase In Equity Stake Of The Company In Godrej Maxximilk Private Limited.
We wish to inform you that the Company has acquired additional 11.03% of the Paid-up Equity Share Capital of Godrej Maxximilk Private Limited, Subsidiary Company, increasing its total shareholding in Godrej Maxximilk Private Limited from 62.97% to 74.00%. Please take the above on your records.

4.Scrip code : 514486
Name : Polygenta Technologies Ltd.
Subject : Outcome of Board Meeting
The Board of Directors of the Company at its meeting held today i.e. 10 October 2019 at 11.00 a.m. inter alia, has discussed the following matters: Delisting Proposal The Company has received a proposal from Perpetual Global Technologies Limitedfrom the stock exchange on which they are presently listed, i.e BSE Limited (”BSE”), in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 as amended (”Delisting Regulations”) by making an offer to the public shareholders of the Company in terms of the Delisting Regulations and acquire all the outstanding equity shares held by the public Shareholders of the Company (“Delisting Proposal”). The Board of Directors discussed and took on record the Delisting Proposal After receipt of the due diligence report from the Merchant Banker, the Board will meet again to discuss the Delisting Proposal in detail.

5.Scrip code : 522273
Name : Ahmedabad Steelcraft Ltd.
Subject : Board Meeting Intimation for Considering And Approving The Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2019
AHMEDABAD STEELCRAFT LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/10/2019 ,inter alia, to consider and approve the Unaudited Financial Results for the quarter and half year ended September 30, 2019 Further to our intimation dated 1st October, 2019 to the Exchange and pursuant to the code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting Trading by Insiders and the SEBI (Prohibition of Insider Trading) Regulations, 2015 trading window for dealing in Securities of the Company is closed from October 1, 2019 and shall remain closed till 48 hours after the declaration of financial results by the Company for the quarter and half year ended September 30, 2019.

Shankara Building Products

Year FV CMP Market Cap  52 Week High 52 Week Low  Equity Capital Net Worth Long Term Debt Short Term Debt Total Sales PAT BV EPS P/E P/BV Promoter’s Holdings
Rs Rs Rs Cr. Rs Rs Rs Cr. Rs Cr. Rs Cr. Rs Cr. Rs Cr. Rs Cr. Rs. Rs %
Q 1 20 10 440 1005 1455 240 22.84 485.8 2.43 639.81 6.77 212.70 2.96 37.1 2.07 56.21
2019 10 368 841 569 240 22.84 479.03 2.43 192.69 2654.10 32.78 209.73 14.35 25.6 1.75 56.21
2018 10 526 1201 2095 487 22.84 455.69 0.85 241.96 2549.30 73.85 199.51 32.33 16.3 2.64 56.21
2017 10 1778 4061 2365 545 22.84 393.60 5.93 210.00 2310.40 60.20 172.33 26.36 67.5 10.32 56.21

 

SHANKARA BUILDING PRODUCTS LTD
COMMON SIZE BALANCE SHEET 
Particulars  FY 19 FY 18 FY 17 
Rs. Cr. % Rs. Cr. % Rs. Cr. %
LIABILITIES 
Shareholders’ funds
Share capital 22.84 2.1 22.84 1.9 22.8 2.4
Reserves and surplus 456.19 41.0 432.85 35.7 370.8 39.1
Minority Interest 0.06 0.01 0.06 0.005 0.04 0.004
Non-Current Liabilities
Long-term borrowings 2.43 0.2 0.85 0.1 5.93 0.6
Deferred tax liabilities (Net) 20.64 1.9 16.94 1.4 16.1 1.7
Other Long term liabilities 0.02 0.002 0.015 0.001 0.015 0.002
Long-term provisions 0.34 0.031 0.3 0.025 0.8 0.1
Current Liabilities
Short-term borrowings 192.69 17.3 241.96 20.0 210.1 22.2
Trade Payables 381.43 34.3 460.46 38.0 261 27.5
Other current liabilities 14.27 1.3 8.49 0.7 41.7 4.4
Other financial liabilities  16.7 1.5 18.9 1.6 0.0
Short-term provisions 1.96 0.2 0.95 0.1 18.6 2.0
Current tax liabilities (Net) 2.3 0.2 8.08 0.7
Total Current Liabilities  609.35 738.84 531.4
TOTAL 1111.9 100.0 1212.7 100.0 948 100.0
ASSETS
Non-current assets
Fixed Assets ( Tangibles) 225.2 20.25380208 272.57 22.48 244.97 25.84
Investment Property  7.05 0.634055527 0.13 0.01
Intangible Assets 6.61 0.594483267 10.35 0.85
Capital Work in Progress 4.25 0.382232055
Goodwill on consolidation 14.04 1.262714837 14.04 1.16 14 1.48
Trade receivables  3.95 0.355250969 3.14 0.26
Long-term loans and advances 14.82 1.332865661 17.95 1.48 13.92 1.47
Other non-current assets 1.39 0.125012366 2.61 0.22 4.19 0.44
0
Current assets  0
Inventories 382.94 34.44045724 415.7 34.28 279.4 29.48
Trade receivables  333.58 30.00116918 424.05 34.97 312.2 32.94
Cash and Bank balance 17.46 1.57029922 5.99 0.49 66.2 6.98
Other Financial assets 1.28 0.115119301 1.16 0.10
Short-term loans and advances 0 0.00 12.9 1.36
Other Current Assets 29.55 2.657636996 45 3.71 0.08 0.01
Current Tax asset (Net) 0.69 0.062056498
Non Current Assets Held for Sale 69.08 6.212844796
Total Current Assets  834.58 891.9 670.78
TOTAL 1111.9 100 1212.7 100.00 948 100.00

 

 

Ratio  Formula  FY 19 FY 18 FY 17
Solvency Ratios
Debt to Equity  Total debt/ Total Equity 0.41 0.53 0.55
Debt to Capital  Total Debt/Total Capital(Debt+ Equity) 0.29 0.35 0.35
Debt to Assets  Total Debt/Total Assets 0.18 0.20 0.23
Financial Leverage   Total Assets/  Total equity 2.32 2.66 2.41
Interest Coverage  EBIT/ Interest Payments
Fixed Charge coverage  (EBIT + Lease payments)/(intrest+lease payments)
Liquidity Ratios 
Current Ratio Current Assets/Current Liabilities 1.369623369 1.207162579 1.262288295
Quick Ratio (Cash+marketable securities+Receivables)/Current Liabilities 0.576089275 0.582047534 0.712081295
Cash Ratio (Cash+marketable securities)/Current Liabilities

 

SHANKARA BUILDING PRODUCTS LTD
COMMON SIZE PROFIT AND LOSS ACCOUNT
FY 19 FY 18 FY 17
Particulars  Rs. Cr. % Rs. Cr. % Rs. Cr. %
INCOME
Revenue from Operations (Gross) 2654.1 2548.66 2466.7
Less: Excise Duty -156.6
Revenue from Operations (Net) 2310.1
Other Income 4.42 0.64 0.286
TOTAL REVENUE  2658.5 100 2549.3 100 2310.4 100
EXPENSES
Cost of materials consumed 1368.23 51.47 1276.44 50.07 1034.93 44.79
Purchases of Stock-in-Trade 987.82 37.16 1010.41 39.63 962.44 41.66
Changes in inventories 3.28 0.12 -88.28 -3.46 -17.98 -0.78
Employee benefits Expense 64.26 2.42 55.94 2.19 49.4 2.14
Finance Costs 56.6978 2.13 46.34 1.82 50.75 2.20
Depreciation and amortization Expense 18.62 0.70 13.59 0.53 11.4 0.49
Other expenses 111.06 4.18 118.94 4.67 126.974 5.50
TOTAL EXPENSES 2610 98.17 2433 95.45 2217.91 96.00
Profit before Taxation 48.6 1.83 116 4.55 92.5 4.00
Total Tax Expense  15.78 0.59 42.1 1.65 32.22 1.39
PROFIT AFTER TAX 32.8 1.23 73.8 2.90 60.25 2.61

 

Ratio  Formula  FY 19 FY 18 FY 17
Profitability Ratios
Net Profit Margin PAT/ Revenue 1.233 2.897 2.608
Return on Assets  Net Income/Total Assets 2.948 6.090 6.357
Return on Total Capital EBIT/Total Capital 7.202 16.596 15.169
Return on Equity Net Income/Total Equity 6.842 16.206 15.308

Daily Bulletin (9th October, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191009-52

1.Scrip code : 540545
Name : Bhakti Gems And Jewellery Limited
Subject : Outcome of Board Meeting
Pursuant to the provision of Regulation 29 and Regulation 30 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company at their meeting held on the 09th Day of October, 2019 at the registered office of the Company and transacted the following business- 1. Considered and approved allotment of 13,07,785 Bonus Shares.

2.Scrip code : 531548
Name : Somany Ceramics Limited
Subject : Board Meeting Intimation for Notice Of 260Th Meeting Of Board Of Directors
SOMANY CERAMICS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/10/2019 ,inter alia, to consider and approve This is to inform you that pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the 260th meeting of the Board of Directors of the Company will be held on Thursday, 17th October, 2019 at Noida, to inter-alia, consider and approve the following: Allotment of Equity Shares to the shareholders of Bhilwara Holdings Limited (BHL), Sarvottam Vanijya Limited (SVL) and Scope Vinimoy Private Limited (SVPL) (‘Transferor Companies’) in proportion of their respective shareholding in BHL, SVL and SVPL i.e. 1 (ONE) fully paid-up equity share of Rs. 2/- each of the Company for every 1(ONE) fully paid up equity share of Rs. 2/- each held by BHL, SVL and SVPL in the Company, pursuant to the Scheme of Amalgamation of Bhilwara Holdings Limited, Sarvottam Vanijya Limited and Scope Vinimoy Private Limited (‘Transferor Companies’) with Somany Ceramics Limited (Transferee Company) approved by National Company Law Tribunal, Kolkata Bench.

3.Scrip code : 532539
Name : Minda Industries Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
This is to inform that the Board Committee at its meeting held October 7, 2019 has approved the acquisition of 100% equity capital of the Delvis Group at a transaction value Euro 21 million, subject to adjustment, if any, at closing. The Delvis Group comprises of Delvis GmbH and its two wholly owned subsidiaries viz Delvis Products and Delvis Solutions. The Delvis Group is engaged in automotive lighting design & engineering. The acquisition, is in line with strategy of the Company to maintain technology leadership in lighting products market in India. The transaction closing is subject to appropriate regulatory approvals. The estimated timeline for closure is 2 months.

4.Scrip code : 500338
Name : PRISM JOHNSON LIMITED.
Subject : Updates – Intimation Under Regulation 30 Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of SEBl (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has acquired 62,500 equity shares representing 0.07% in the total paid-up equity share capital of Silica Ceramica Private Limited, a subsidiary of the Company (Silica). The balance 8,65,45,783 equity shares representing 99.93% of the total paid up equity share capital of Silica, are already held by the Company. Consequent to aforesaid acquisition Silica has become a wholly owned subsidiary of the Company effective October 9, 2019. The details required under Regulation 30 of SEBl (Listing Obligations & Disclosure Requirements) Regulations, 2015 are given as an annexure. This disclosure is also available on the website of the Company. We request you to kindly note and take the above information on record.

5.Scrip code : 535789
Name : INDIABULLS HOUSING FINANCE LIMITED
Subject : Board Meeting Intimation for Intimation Of Board Meeting To Consider Proposal Of Buy-Back Of Equity Shares Of Indiabulls Housing Finance Limited (The Company) And Closure Of Trading Window
Indiabulls Housing Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/10/2019 ,inter alia, to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that a meeting of the Board of Directors of the Company will be held on Monday, October 14, 2019, to consider, inter alia, the proposal of Buy-back of equity shares of the Company. We further wish to inform that in terms of SEBI (Prohibition of Insider Trading) Regulations, and Code of Conduct for Prevention of Insider Trading of the Company, the Trading Window for dealing in securities of the Company which had been closed earlier, shall remain closed till 48 hours after the declaration of financial results for the quarter ended September 30, 2019.

6.Scrip code : 532832
Name : Indiabulls Real Estate Limited
Subject : Board Meeting Intimation for Intimation Of Board Meeting To Consider Proposal Of Buy-Back Of Equity Shares Of Indiabulls Real Estate Limited (The Company) And Closure Of Trading Window
INDIABULLS REAL ESTATE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/10/2019 ,inter alia, to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that a meeting of the Board of Directors of the Company will be held on Friday, October 11, 2019, to consider, inter alia, the proposal of Buy-back of equity shares of the Company. We further wish to inform that in terms of SEBI (Prohibition of Insider Trading) Regulations, and Code of Conduct for Prevention of Insider Trading of the Company, the Trading Window for dealing in securities of the Company which had been closed earlier, shall remain closed till 48 hours after the declaration of financial results for the quarter ended September 30, 2019.

7.Scrip code : 532960
Name : Indiabulls Ventures Limited
Subject : Board Meeting Intimation for Intimation Of Board Meeting To Consider Proposal Of Buy-Back Of Fully Paid-Up Equity Shares Of Indiabulls Ventures Limited (The Company) And Closure Of Trading Window.
Indiabulls Ventures Limitedhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/10/2019 ,inter alia, to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that a meeting of the Board of Directors of the Company will be held on Friday, October 11, 2019, to consider, inter alia, the proposal of Buy-back of fully paid-up equity shares of the Company. We further wish to inform that in terms of SEBI (Prohibition of Insider Trading) Regulations, and Code of Conduct for Prevention of Insider Trading of the Company, the Trading Window for dealing in securities of the Company which had been closed earlier, shall remain closed till 48 hours after the declaration of financial results for the quarter ended September 30, 2019.

8.Scrip code : 500304
Name : NIIT Ltd., Subject : Announcement under Regulation 30 (LODR)-Newspaper Publication
This is in continuation to our letter dated October 7, 2019 informing publication of public announcement in terms of Regulation 7 of SEBI (Buyback of Securities) Regulations, 2018, in respect of Proposed buyback of up to 26,800,000 fully paid-up equity shares of the Company of face value INR 2/- each (‘Equity Shares’) at INR 125/- per Equity Share for an aggregate amount not exceeding INR 3350 million (‘Buyback’), in Financial Express (an English national daily newspaper) and Jansatta (a Hindi national daily newspaper) both with wide circulation in Delhi (Delhi being the state where our Registered Office is situated), on October 7, 2019. On account of public holidays in Kolkata, Public Announcement is being published in Kolkata edition on October 10, 2019. In this regard, please find attached herewith copy of the newspaper publications for your record.

9.Scrip code : 532541
Name : NIIT Technologies Limited
Subject : Corporate Action-Board to consider Dividend
Intimation of consideration of declaration of interim dividend at the upcoming Board meeting on October 23, 2019.

10.Scrip code : 534309
Name : NBCC (India) Limited
Subject : Announcement under Regulation 30 (LODR)-Change in Directorate This is to inform that the Ministry of Housing and Urban Affairs vide its Office Order No. 0-17034/31/2019-PS, dated October 7, 2019, has conveyed the approval of the Competent Authority for appointment of Shri P. K. Gupta, Executive Director, RITES to the post of Chairman & Managing Director (CMD), NBCC (India) Limited with effect from the date of his assumption of charge of the post till September 30, 2023 i.e. the date of his superannuation, or until further orders, whichever is earlier. Accordingly Shri P. K. Gupta (DIN-07698337) has assumed the charge of the post of Chairman & Managing Director (CMD), NBCC (India) Limited w.e.f October 7, 2019. (A/N) Henceforth, Shri Shiv Das Meena ceased to hold the additional charge of Chairman & Managing Director, NBCC (India) Limited w.e.f. October 7, 2019. (A/N) It is hereby confirmed that Shri P. K. Gupta is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

Listed Retail Companies

 

Listed Retail Companies
FV CMP 52 W High 52 W Low Market Cap Equity Net Worth Debt Sales Net Profit EPS BV P/E P/BV
Rs Rs Rs Rs Cr Cr Cr Cr Cr Cr Rs Rs
Avenue Supermarts 10 1,828.95 1,944.00 1,126.95 114142 624 5911 317 5826 323 5.18 94.71 88.33 19.31
10 1,828.95 624 5587 317 20053 902 14.46 89.53 126.48 20.43
Aditya Birla Fashions 10 208.30 236.45 168.3 16115 774 1450 1198 2083 22 0.28 18.74 747.58 11.11
10 208.30 774 1429 1198 8183 321 4.15 18.47 50.18 11.28
Arvind Fashions Ltd 4 431.95 1,084.80 415.1 2535 23 1034 791 902 (95) (16.44) 178.28 – 2.42
4 431.95 23 1129 791 4648 17 2.86 194.73 150.83 2.22
Future Enterprises Ltd 2 19.65 44.65 18.25 840 99 4277 6545 1424 (11) (0.21) 86.66 – 0.23
2 19.65 99 4287 6545 6065 145 2.94 86.87 6.69 0.23
Future Consumer Ltd 6 23.25 76.8 20.55 169 1144 975 759 1053 (15) (0.08) 5.11 – 4.55
6 23.25 1144 990 759 3912 (7) (0.04) 5.19 – 4.48
Future Retail 2 375.00 574 372.1 18847 101 4006 2554 5197 159 3.17 79.70 118.36 4.70
2 375.00 101 3847 2554 20356 727 14.47 76.54 25.92 4.90
Mandhana Retail 10 12.20 47.6 9.3 27 22 67 8 46 0 0.15 30.42 79.54 0.40
10 12.20 22 67 8 222 (1) (0.27) 30.27 – 0.40
Shoppers Stop 5 412.20 559.9 338.6 3627 44 915 32 856 (0) (0.01) 103.94 – 3.97
5 412.20 44 915 32 3597 65 7.38 103.95 55.82 3.97
Spencer Retail Ltd. 5 69.00 230 58.4 549 40 546 0 610 (2) (0.31) 68.61 (223.08) 1.01
5 69.00 40 548 0 2215 2 0.30 68.92 229.20 1.00
Trent 1 503.05 528.25 313 17883 33 1684 394 824 38 1.13 50.68 444.85 9.93
1 503.05 33 1647 394 2671 97 2.92 49.55 172.40 10.15
V2 Retail 10 136.90 374 89.6 466 34 307 10 203 11 3.36 90.04 40.76 1.52
10 136.90 34 295 10 758 20 6.01 86.68 22.76 1.58
V-Mart Retail 10 1,928.00 2,903.90 1,698.30 3500 18 427 0 455 18 9.71 235.45 198.60 8.19
10 1,928.00 18 409 0 1440 62 33.99 225.74 56.72 8.54
Company Data
Jeena Scriptech Research

 

Daily Bulletin (4th October, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191004-45

1.Scrip code : 506285
Name : Bayer CropScience Limited.
Subject : Announcement under Regulation 30 (LODR)-Allotment
This is to inform that the Company has approved the issue and allotment of 10,608,499 equity shares (New Securities) of the face value of INR 10/- each, fully paid-up to the members of Monsanto India Limited, as on the Record Date of September 30, 2019, as per the exchange ratio in terms of the Scheme of Amalgamation.

2.Scrip code : 532777
Name : Info Edge(India) Ltd.
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 This is to inform you that the Company has entered into an agreement to invest about Rs. 35 Cr. in Greytip Software Private Limited

3.Scrip code : 533033
Name : ISGEC Heavy Engineering Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Intimation regarding settlement of dispute with M/s. Cavite Biofuels Producers Inc., Philippines and Acquisition of Bioeq Energy Holdings One, Cayman Islands, along with its step down Companies.

44.Scrip code : 532898
Name : POWER GRID CORPORATION OF INDIA LIMITED
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Acquisition of Ajmer Phagi Transco Limited by POWERGRID

5.Scrip code : 507685
Name : Wipro Ltd.
Subject : Announcement Under Regulation 30 Of SEBI LODR
Please refer to our letter dated June 5, 2019 informing about the proposal to acquire International TechneGroup lncorporated (lTl), a global digital engineering and manufacturing solutions company. In continuation to the aforesaid letter, this is to inform that the said acquisition has been completed on October 3, 2019.

6.Scrip code : 500304
Name : NIIT Ltd.
Subject : Record Date For Buyback Of Up To 26,800,000 Fully Paid-Up Equity Shares Of The Company Of Face Value INR 2/- Each At INR 125/- Per Equity Share For An Aggregate Amount Not Exceeding INR 3,350 Million
Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and Regulation 9(i) of the SEBI (Buy Back of Securities) Regulations, 2018, we would like to inform that the Company has fixed Friday, October 18, 2019, as the Record Date for the purpose of determining the entitlement and the name of the equity shareholders who shall be eligible to participate in the Buyback. This is for your information and records.

7.Scrip code : 532667
Name : SUZLON ENERGY LTD.
Subject : Announcement under Regulation 30 (LODR)-Change in Directorate Resignation of Independent Director.

Daily Bulletin (7th October, 2019)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191007-46

1.Scrip code : 531281
Name : PG Industry ltd.
Subject : Corporate Action – Fixes Record Date For Sub Division (Stock Split) Of Equity Shares
Revision and fixing of Tuesday, 15th October 2019 as Record Date for the purpose of Sub-division (Stock Split) of Equity Shares of the Company

2.Scrip code : 956932
Name : JSW Energy Limited
Subject : JSW Energy Limited Enters Into Exclusive Discussions With GMR Energy Limited
We wish to inform you that JSW Energy Limited has entered into exclusive discussions with GMR Energy Limited for potential acquisition of its subsidiary, GMR Kamalanga Energy Limited, which owns and operates a 1050 MW thermal power plant in Odisha. Both Parties intend to conclude these discussions in an expeditious manner. We request you to take note of the aforesaid

3.Scrip code : 531260
Name : SUNEDISON INFRASTRUCTURE LIMITED
Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition
Intimation under Regulation 30 of SEBI(LODR) Regulations, 2015 – Acquisition of Enrecover Energy Recovery Solutions Private Limited

4.Scrip code : 500304
Name : NIIT Ltd
Subject : Corporate Action-Intimation of Buy back
The Shareholders of the Company approved the proposal of Buyback on October 3, 2019 through postal ballot process. The result were announced on Friday, October 4, 2019. Pursuant to Regulation 5 of the SEBI (Buy-back of Securities) Regulations, 2018 (‘Buyback Regulations’), please find attached a copy of special resolution passed by the Members for your records. Also, pursuant to Regulation 7 of Buyback Regulations, please find enclosed herewith a copy of the Public Announcement dated October 5, 2019 for Buyback of the Company, published on October 7, 2019 in Financial Express (an English national daily newspaper) and Jansatta (a Hindi national daily newspaper) both with wide circulation in Delhi (Delhi being the state where our Registered Office is situated) and also being filed with Securities and Exchange Board of India. Copy of the Public Announcement is also available on the website of the Company www.niit.com.