Indiabulls Wholesale Services Ltd
Consumer Electronics
FV – Rs 2; 52wks H/L –34.20/8.65; TTQ – 2.33 Lacs; CMP – Rs 28.20 (As On June 13 2016; 11.00);
Market Cap – Rs 143.03 Crs
Consolidated Financials and Valuations for FY16 (Amt in Rs Crs unless specified)
|
|
Net worth |
Long Term Debt | Total Sales |
PAT | BV (Rs) |
EPS (Rs) |
P/E |
Industry P/E |
P/BV |
Promoter’s Stake |
Beta |
| 10.14 | 889 | 317 | 310 | 7.08 | 175 | 1.4 | 20.14 | 57.54 | 0.16 | 30.45 |
2.02 |
Standalone Financials and Valuations for Q4 FY16
|
|
Net worth |
Total Sales |
PAT | BV (Rs) |
TTM EPS (Rs) |
TTM P/E |
Industry P/E |
P/BV |
Promoter’s Stake |
Beta |
| 10.14 | 889 | 123 | 29.06 | 175 | 5.73 | 4.92 | 57.54 | 0.16 | 30.45 |
2.02 |
Valuation Parameters:
- Long Term Debt to Equity – 0.36
- ROE % – 0.8
- Market Cap/Sales – 0.5
Overview:
- Indiabulls Wholesale Services Ltd and its subsidiaries are engaged in the business of trading, real estate development and retail business.
- The Company is also engaged in the business of rendering information technology (IT) consultancy, property maintenance, equipment hiring, and tour and travel services.
- The Company operates through segments, including Trading, Real estate projects under development, Information technology solutions, Facility maintenance and other related activities, Equipment hiring services and Aviation services.
- The Company is engaged in the business of wholesale trading of various industrial/consumer products and commodities in select Indian cities.
- The Company is also engaged in chartering business of aircraft.
- The Company is developing real estate projects on land situated in Ahmadabad, Gujarat, and Hyderabad, Andhra Pradesh.
Management:
- Mr. Mehul Johnson – Director
- Mr. Surinder Singh Kadyan – Whole Time Director
- Mr. Saurabh Garg – CFO
The Equity Capital is @ Rs 12.66 Crs consisting of 50718493 equity Shares of FV Rs 2 currently held
None Of the Promoter’s Holding is pledged.
Major Non-Promoter Holdings:
| Sr.No | Non – Promoters | No.of shares held | % shares held |
| 1 | Anil Bansilal Lodha | 1912549 | 3.77 |
| 2 | Ashish Damani | 508121 | 1 |
| 3 | ABL Infrastructure Pvt Ltd | 682701 | 1.35 |
| 4 | Ashok Mehta | 524830 | 1.03 |
Consolidated Financial Trends (In Rs. Crs) :
| Particulars | FY16 | FY15 | FY14 | FY13 | FY12 |
| Equity Paid Up | 12.66 | 12.66 | 12.63 | 12.57 | 12.57 |
| Networth | 889 | 882 | 869 | 826 | 791 |
| Total Debt | 417 | 267 | 22 | 32 | – |
| Net Sales | 310 | 208 | 283 | 177 | 90 |
| Other Income | 4 | 1 | 7 | 6 | 6 |
| PAT | 7.08 | 17.75 | 42.93 | 41.14 | 13.7 |
| Book Value (Rs) | 140 | 139 | 138 | 131 | 126 |
| EPS (Rs) | 1.1 | 2.8 | 6.8 | 6.5 | 2.2 |
During 2014-15, additional 156700 no. of equity shares of Rs.10 each were issued.