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Netwrok18 Ltd

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

Netwrok18 Ltd

Netwrok18 Ltd
Holding Companies
FV – Rs 5; 52wks H/L –49.2/30; TTQ – 58 K; CMP – Rs 38 (As On February 23, 2017);                      

            Market Cap – Rs 3989 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
6.63 192 128 202 7.76 29 1.17 41 13.19 1.7 70.4

 

Consolidated Financials and Valuations for H1 FY17


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
6.63 212 22 212 10.29 32 2 24 13.19   70.4

 

Valuation Parameters:

  1. Long Term Debt to Equity – 0.7
  2. ROE % – 4
  3. Market Cap/Sales – 2

Overview:

  • Associated Stone Industries is the world’s largest stone mining companyand the only listed one in India. The end user of the industry is the Real estate, construction and Infrastructure.
  • Established in 1945, during the time of the British Raj, Associated Stone Industries has a long and distinguished history of providing its customers with beautiful, sophisticated and exotic products.
  • ASI still holds the largest quarries in the world spread across 10 sq kms at Ramganjmandi, situated in Rajasthan, the home of the most flawless Kotah Stone.
  • Powered by a work force of 5000 dedicated, passionate and driven employees, ASI produces a staggering 15 Crore Sq.ft of Kota Stone each year.
  • Unwilling to compromise on quality, ASI has equipped themselves with the best diamond tool units for cutting, sawing & shaping various natural stones, and produces some of the finest natural stones, all at par with global standards.
  • The Company has sold Wind Power Unit of 1.125 MW at Tirupur District of Tamil Nadu in November, 2015.

 

The Company has acquired a foreign subsidiary in UAE, Al Rawasi Rock and Aggregates LLC, through its wholly owned subsidiary viz. ASI Global Ltd., Mauritius to tap the opportunity of huge volume of industrial, infrastructure, reclamation and other construction work currently underway in the Arabian Gulf region. The estimated reserve of quarry of this Company is around 200 million tones which is sufficient for about 45 years of its operations.

Management:

  • Deeapk  Jatia – CMD
  • Pavan  Soni – CFO

 

Major Non – Promoter Holdings:

Non – Promoters No. of shares held % of shares held
Subramanian P 859500 1.04
Satjit Singh 858075 1.04
Mita Dipak Shah 862500 1.04
Halan Properties Private Ltd 3812500 4.6

 

 

Consolidated Financial Trends (In Rs. Crs) :

 Particulars FY16 FY15 FY14 FY13 FY12 FY11
Equity Paid Up 6.63 6.63 6.63 6.63 6.63 6.63
Networth 192 187 176 169 158 150
Total Debt 160 94 38 53 55 59
Net Sales 202 213 133 177 171 174
Other Income 5 4 3 2 1 2
PAT 7.76 14.45 10.07 13.01 9.43 11.67
Book Value (Rs) 29 28 27 25 24 23
EPS (Rs) 1.17 2.18 1.52 1.96 1.42 1.76

 

For the year under review, the production of Kotah Stone was 1207.40 Lacs sq. ft. as against 1172.77 Lacs sq. ft.

 

 

 

 

 

 

 

 

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