10000 to 4crs in 18 months 1000rs to 50crs 300% returns 75% promoter holdings A 50 bagger A sureshot 5 bagger Analysis Another fraud? Auto ancillaries Bank sector Blind sell Brand plays Broking Bse Nse Buy calls cements Ceramics/tiles Counters I don't like Debt free businesses Delisting candidates demerger bets Disclosure- I own them Domestic consumption plays E-Commerce pick Education Exit at rallies Famous analysts Famous stocks FMCG Footwear future multibaggers Gems andJewellery Hidden gems High conviction ideas High dividend plays High potential small caps High ROE stocks Holding companies Hotel sector How they looted you.. Indian stock market Infrastructure sector Interesting Microcaps IT KPO Landbank plays largecap ideas Less than 5 PE stocks Liquor Logistics Market lessons Market outlook for 2013 and 2014 Market underperformers Meeting with the CEO Metals Monopoly businesses My 5 baggers My Favourite counters My paid stock recommendations My stock picking techniques nse bse tips Oil exploration Operator calls Paints Penny stock outlook penny stock updates Pharma sector Poultry stocks PSU Publicity freaks Real estate Renewable energy plays Safe bets Sell recommendations Share market Live shipping stocks short term call SOTP plays stock tips stock under 10rs Stocks to watch out for Strong bonus candidates Takeover candidates TATA product tea Textiles The 13 bagger The 45 bagger Trading companies Transformers Turnaround bets Tyres Uncertain/Risky business models Unique businesses

Search This Blog(Over 800 companies covered in the blog).

Archives : Old artciles

Monday, April 27, 2009

Bajaj Hindusthan Ltd:-Disappointing Results

Scripscan:Bajaj Hindusthan Ltd
Traded in:Nse-bse

Story:Despite favourable market conditions, Bajaj Hindusthan posted a 14% fall in net sales for the quarter ended March ‘09 to Rs 432 crore. However, the company reversed Rs 114 crore earlier written off as forex losses, classifying it as other operating income. The resultant net profit for the quarter was 89% higher at Rs 81 crore.The company''s sales declined due to a fall in sugar production following lower sugarcane availability. The operating profit margins for the period improved thanks to better sugar prices that ruled above Rs 20 per kg as against Rs 15 in the corresponding period of last year. However, a significant jump in interest cost on account of higher working capital requirements, following a spurt in value of sugar inventory, wiped out the gains at the operating level. The company crushed 72 lakh tonnes of sugarcane during the current season at an average recovery factor of 9.6% producing 6.5 lakh tonnes of sugar. During the quarter, it sold 1.7 lakh tonnes of sugar and is currently carrying an inventory of 6.1 lakh tonnes, which will earn it healthy profits due to higher market prices.On a segmental basis, the revenues from the sugar business, which contributes more than 80% of total revenue, declined by 12%.Lower sugar production led to a decline in revenues from the company''s other businesses. Distillery and power generation business, which are essentially by-products of its main business, also suffered a decline of about 40%.Exit the counter and move on to better bets.


Important Disclaimer&Privacy policy

This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner