Wednesday, 12 December 2012

Hindustan Vidyut's results for quarter 30.9.12


                                                                                                                                                                    
 (Rupees in  Lacs)
Particulars
Quarter Ended
Year To Date
Previousaccountingyear ended(Audited)
30.09.201230.06.201230.09.201130.09.201230.09.201131.03.2012
1Income from operations
(a) Net Sales/Income from Operations(Net of excise duty)
15669.74
9504.34
11574.66
25174.08
19533.79
45212.64
(b)Other Operating Income
186.47
92.78
88.02
279.25
150.08
359.57
Total income from operations (net)
15856.21
9597.12
11662.68
25453.33
19683.87
45572.21
2.Expenses
a.Cost  of  materials  consumed
11715.30
7626.99
9350.38
19342.29
15819.80
32310.28
b.Changes in inventories of finished goods,     work-in-progress and stock-in-trade
(902.26)
(1799.96)
(1141.92)
(2702.22)
(2920.57)
(503.99)
c.Employee benefits expenses
581.83
551.78
471.25
1133.61
905.90
1863.18
d.Depreciation & amortisation  expenses 
322.50
321.33
286.53
643.83
572.88
1202.56
e.Power & Fuel
931.56
991.89
971.68
1923.45
1951.77
3978.25
f .Other Expenses
2139.72
1699.65
1542.24
3839.37
3085.13
6119.16
Total expenses
14788.65
9391.68
11480.16
24180.33
19414.91
44969.44
3.Profit from operations before Other Income, finance  costs and Exceptional Items (1 - 2)
1067.56
205.44
182.52
1273.00
268.96
602.77
4.Other Income
26.08
61.20
85.95
87.28
219.78
316.04
5.Profit from ordinary activities before finance costs &exceptional items (3 + 4) 
1093.64
266.64
268.47
1360.28
488.74
918.81
6Finance Costs
633.51
526.46
499.61
1159.97
965.58
2145.89
7.Profit / (Loss)  from ordinary activities after finance costs but before exceptional items (5 - 6)
460.13
(259.82)
(231.14)
200.31
(476.84)
(1227.08)
8.Exceptional Items 
0.00
0.00
0.00
0.00
0.00
9.Profit /(Loss) from ordinary activities before tax (7 - 8)
460.13
(259.82)
(231.14)
200.31
(476.84)
(1227.08)
10.Tax expenses
(88.40)
(99.74)
(89.78)
(188.14)
(223.64)
(478.24)
11.Net Profit / (Loss) from ordinary activitiesafter tax (9 - 10)
548.53
(160.08)
(141.36)
388.45
(253.20)
(748.84)
12.Extraordinary Items
0.00
0.00
0.00
0.00
0.00
13.Net Profit / (Loss) for the period (11 - 12)
548.53
(160.08)
(141.36)
388.45
(253.20)
(748.84)
14.Share of profit / (Loss) of associates
0.00
0.00
0.00
0.00
0.00
15.Minority interest
0.00
0.00
0.00
0.00
0.00
16.Net Profit / (Loss) after taxes, minority interest and share of profit / (loss) of associates 
548.53
(160.08)
(141.36)
388.45
(253.20)
(748.84)
17.Paid-up equity share capital (Face Value of Rs.10 each)
144.29
144.29
144.29
144.29
144.29
144.29
18Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year
23628.92
19Earnings per share of Rs.10/- each
(i)Basic & diluted (EPS) before Extraordinary items (not annualised)
38.02
(11.09)
(9.80)
26.92
(17.55)
(51.90)
(ii)Basic & diluted (EPS) after Extraordinary items (not annualised)
38.02
(11.09)
(9.80)
26.92
(17.55)
(51.90)


Sandip Ginodia
ABHISHEK SECURITIES

We deal in over 60 unlisted companies with 15 years of expeirence . For latest prices visit :www.abhisheksecurities.com/unlisted.htm / call : 09830271248 .



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Saturday, 8 December 2012

Eastern Investment Analysis



 Eastern Investments Limited is a public sector company promoted by Govt. of India..
There are 5 companies within the fold of Eastern Investment Ltd. The most valuable company in this group is Orissa Mineral Development Corporation Limited which is into Iron Ore Mining.
Eastern Investments is holding 51% Shares in OMDC. It belongs to the Bird Group of Companies.
306000 Shares of Orissa Minerals Development Company Limited are held by Eastern Investments, which has a small capital of Rs. 1.44 CRORES.
Last declared dividend in Eastern Investment Limited is 65.65%   for FY 2010-11
The Shares of Eastern Investment are available @ Rs.4500.00 / Share
Shares of Eastern Investments Ltd. are listed at Calcutta Stock Exchange although not traded .TRADES ARE DONE IN OFF MARKET.
The Shares of Eastern Investment are dematerialised with NSDL & CDSL.
At todays price of Rs. 33,000.00 / share of OMDC, the value of investments of OMDC in Eastern is approx Rs. 990 Crores, whereas the value of market capital of Eastern Investments is only Rs. 576 Crores.
THE SHARES ARE SOON TO BE LISTED ON NSE AND BSE MOST LIKELY IN 2012-13
Only Long term investors should buy into Shares of Eastern Investments Ltd.
If your are interested in purchasing or selling of shares of Eastern Investments Limited, kindly get in touch.


 Sandip Ginodia
ABHISHEK SECURITIES

We deal in over 60 unlisted companies with 15 years of expeirence . For latest prices visit :www.abhisheksecurities.com/unlisted.htm / call : 09830271248 .



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Detailed Company Profile  

Eastern Investments Limited ,a Non-Banking Financial Company (NBFC),was incorporated in the year ,1927.It was nationalized by the Government of India by virtue of the Bird & Company Ltd.(Acquisition and Transfer of Undertaking and other Properties) Act ,1980 (Act. No: 67 of 1980) in the year 1980 and it became a PSU w.e.f 19th March, 2010, it is a shell company, so not classified by DPE. 
The paid-up capital of the company Rs. 1.44 crores consisting of 14, 44,387 shares of Rs. 10 each .EIL is listed at CSE.EIL is holding company of The Orissa Minerals Development Company Limited and The Bisra Stone Lime Company Limited. EIL has become a subsidiary of RINL on 5th January, 2011 The revenue source of EIL is mainly dividend income received from OMDC and interest on term deposits with banks. As on 31th March, 2012, the net worth of EIL is 279.80 (Crores) provisional.


Guj Nre MR Ltd makes rapid strides


Gujarat NRE Mineral Resources Limited (GNMRL), an associate of Gujarat NRE Coke Limited (GNCL) is poised to make its presence felt in the Oil & Gas Sector with the acquisition, through its Australian subsidiary, Gujarat NRE Oil Ltd., of two onshore exploration blocks covering an area of 10,640 km2 in the highly prospective Central Canning Basin, Western Australia (WA).
GNMRL also has major interest in the fast growing Coal and Coke sector in India and Abroad. It has post merger of eight core investment companies of the group, emerged as the controlling stake holder in GNCL , India largest independent Met Coke Producer having a stake of 35%. This in turn allows us to hold controlling stake in Gujarat NRE Coking Coal Ltd (GNCCL), a subsidiaries of GNCL. GNCL is owning and operating two high quality premium hard coking coal mines in Australia having coal resource of over 560MT. Currently GNCL is producing 1.5 MT met coke and co is trying to increase the production to 6 MT in 2-3 years. Besides, GNMRL holds controlling stakes in NRE Metcoke Ltd, a Metcoke producer having capacity of 0.1MT which is being progressively increased to 1MTPA.

GUJ NRE MINERALS HAS ALSO DECLARED RIGHTS, 1: 1 BONUS AND DIVIDEND @ 15% (RECORD DATE 4-9-2010) IN THE  PAST 1 YEAR. THEY ARE ALSO GOING FOR LISTING THROUGH REVERSE MERGER  IN NEXT 6-8 MONTHS

Currently the shares are available at Rs.18 per share.
There are 3 triggers in the next 3 years.
1)  listing expected price in 1 yrs time is rs.35.00
2)  on increased production and better performance of guj nre coke, the expected price is 50 in 3 yrs
3) if there is any oil discovery in canning basin the price can go to around 100 in 3 – 5 yrs.
Recommendation – buy for long term 1- 3 yrs

Another instrument that is available in OFCD.
Each OFCD is for 18 months maturing on september 2013 face value rs.30000.00
The OFCD is redeemable on maturity at rs.36000.00 or can be converted into equity 2000 shares anytime before maturity
So this is a win win situation for investor. If the markets are bad and price of guj nre minerals is below 18 on maturity, redeem the debenture, and if the share price goes above 18 either on listing or in unlisted market before maturity, then convert the deb in shares and reap the benefit.


 Sandip Ginodia
ABHISHEK SECURITIES

We deal in over 60 unlisted companies with 15 years of expeirence . For latest prices visit :www.abhisheksecurities.com/unlisted.htm / call : 09830271248 .



For more info and regular updates about unlisted shares and the stock market :
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