other infrastructure activities. The Company's segments include EPC Contract and BOT Rating (Toll and Annuity). It offers end-to-end infrastructure implementation solutions that Current Level include engineering, procurement and construction (EPC) services. It implements projects on various Public-Private-Partnership (PPP) formats, including Design- Upside Potential BuildFinance-Operate-Transfer (DBFOT), OperateMaintain-Transfer (OMT) and Hybrid Target Period...
International Travel House Limited is a travel management company. The Company's principal business activities include travel agents and tour operators. It operates through travel related services segment that includes air ticketing, car rentals, inbound tourism, overseas and domestic holiday packages, conferences, events and exhibition management. It offers various services, including Business Travel, Car Rentals India, Destination Management Services, World Class Holidays, Discover India Holidays, India Holidays and MICE. The Company has approximately 14 Car Rental Offices in the Indian cities and a fleet of over 900 cars in six segments: Club,...
Valuation: At a CMP of Rs. 1,912.1, the company's share is trading at TTM P/E multiple of 31.5x. Moreover, it is trading at a P/BVPS and EV/EBITDA multiple of 6.3x and 16.2x, respectively. Anticipating higher acceptance of the DFT products and the volume growth guided by the management, we have increased the EV/EBITDA valuation multiple from 7.8x to 8.5x. Applying the same to FY20E EBITDA, we arrive at a target price of Rs. 1,850.4 per share. Thus...
Simmonds Marshall Limited is an India-based company. The Company is engaged in the business of manufacturing of nyloc self-locking nuts (industrial fasteners). Its products include cleveloc self-locking nut, nyloc self-locking nut, u-nuts and wheel nuts, cap nuts, castle nuts, hose fitting nuts, flange nuts, cage nuts and weld nuts. The Company caters to the automotive and industrial sectors and supplies to all the automobile manufacturers in India, as original equipment (OE) suppliers. The...
Reliance Nippon Life Asset Management Ltd. (RNAM) is one of the largest asset management companies in India, managing total asset under management (AUM) of Rs. 3,625.5bn as of 30th Jun. 2017. It is ranked the 3rd largest asset management company with a market share of 11.4%. In FY16, it was ranked the second most profitable asset management company in India. Net proceeds from fresh issue will be utilized for - funding future inorganic growth & strategic initiatives; investment in the new...
Apar Industries Ltd. (API) is engaged in the business of manufacturing conductors, transformer/specialty oils and power and telecom cable. The company's product portfolio consist of specialty oils, aluminum and alloy conductors, electric and telecom cables, automotive lubricants and thermoplastic elastometers. Quarterly Snapshot (Consolidated):...
Cochin Shipyard Limited (CSL) is an India-based company. The Company is focused on providing cater to clients engaged in the defence sector in India and clients engaged in the commercial sector. In addition to shipbuilding and ship repair, the Company offers marine engineering training. The Company's docks include ship repair dock and shipbuilding dock. Ship repair dock is enables to accommodate vessels with a maximum capacity of 125,000 DWT. In addition, ship repair dock offers a flexible range of products such as, tankers, product carriers, bulk carriers, passenger vessels, high bollard pull tugs, and air defence ship. Shipbuilding dock can accommodate...
In terms of gross premiums accepted in FY17, General Insurance Corporation of India (GIC) is the largest reinsurance company in India, and it accounted for approximately 60% of the premiums ceded by Indian insurers to reinsurers. The company is also an...
Indian Energy Exchange Ltd. (IEX) is one of two exchanges in India that offer an electronic platform for the trading of electricity products and have a substantial majority market share in India. The company is coming up with a public issue, were it will sell 6.1mn...
MAS Financial Services Ltd. (MFSL), incorporated in 1995, is a Gujarat based NBFC with business operations spread across six states and NCT Price Band (per share) Rs456-Rs459...
