Categories

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).

Please note

Note: The artciles are not research reports but assimilation of information available on public domain and it should not be treated as a research report.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that I might have the dkiscussed companies in my portfolio and hence my point of view can be biased.Readers should consult registered consultants before making any investments
.

Archives : Old artciles

Wednesday, November 16, 2011

India Motor Parts & Accessories Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view/outlook,multibagger

Scripscan:India Motor Parts & Accessories Ltd
cmp:625
Code:590065

Story:India Motor Parts and Accessories belongs to TVS Group and they distribute auto parts and accessories. They have 50 outlets, 50 offices. They market products manufactured by 50 manufacturers to about 35,000 dealers across the country. With this kind of network considering the auto boom and the replacement market, is quite robust and healthy. One should not take this company as a distribution or marketing company.Any ramp up in the product in the topline is giving them a net profit margin of about 6-7%. That is getting indicated from their first half results. They have posted a topline of about Rs 250 crore with a PAT of about Rs 15 crore. This has translated in to an EPS of Rs 35 for first six months.Their equity is quite low at about Rs 4.50 crore. Their networth is quite strong at about Rs 155-160 crore, which translates into a book value per share of about Rs 360-370. If one looks at the surplus cash employed by the company, they are holding about 1,390,000 shares in Sundaram Finance.The present market value of which is close to Rs 75 crore. Apart from that they have parked Rs 20 crore in liquid mutual funds. They also have some other investments. All this put together comes to about Rs 120 crore against their present market cap of Rs 260-265 crore. But even if we take their pure financials, it has been a consistent performer. The five year growth chart of the company shows that they have been continuously increasing their EPS. Maybe five years back EPS was close to Rs 25-30 and now it might be Rs 70 plus for FY12.I won’t be surprised to see the company posting an EPS of Rs 100 for FY15 in the next three years. In FY12, the company will have an EPS of Rs 70. So this is a very consistent company with very good performance. The set distribution network across the country gives good comfort. If somebody can keep a view of 12 months then they can look to a price of Rs 900 on the stock.
Source:SPT

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: arunsharemarket@gmail.com 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.
 
x

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner