Suryansh Agarwal

In a statement made at its board meeting on Friday, Rama Steel Tubes announced a 4:1 bonus share issuance.

According to the company’s press statement, the bonus share issue will include the issuance of shares worth Rs 42.10 crore.According to the company’s filing, “Bonus shares will be issued out of credit of the share premium account of the Company available as of audited financial statements as of September 30, 2022.”

According to the business, bonus shares will be credited to investors by January 18, 2023, or within two months of the date of board approval. With a year-to-date return of 158% and a one-year return of 255%, Rama Steel Tubes is a multibagger investment.

Let us look at the Fundamentals of the company

Profit & Loss

Consolidated Figures in Rs. Crores / View StandalonePRODUCT SEGMENTS

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	192	242	260	377	504	353	470	768	1,189
Expenses +	187	227	240	354	488	344	452	726	1,150
Operating Profit	6	15	20	22	16	9	18	42	39
OPM %	3%	6%	8%	6%	3%	2%	4%	5%	3%
Other Income +	3	3	4	5	5	6	8	9	13
Interest	5	6	8	6	9	10	8	11	17
Depreciation	2	3	3	2	3	3	3	4	5
Profit before tax	1	9	13	18	9	2	15	36	31
Tax %	22%	30%	28%	31%	11%	80%	16%	24%
Net Profit	1	6	9	13	8	0	12	27	25
EPS in Rs	0.02	0.16	0.24	0.30	0.20	0.01	0.29	0.65	0.55
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	3%

Compounded Sales Growth
10 Years:	%
5 Years:	24%
3 Years:	15%
TTM:	81%

Compounded Profit Growth
10 Years:	%
5 Years:	24%
3 Years:	48%
TTM:	-12%

Stock Price CAGR
10 Years:	%
5 Years:	31%
3 Years:	227%
1 Year:	117%

Return on Equity
10 Years:	%
5 Years:	14%
3 Years:	14%
Last Year:	24%

Balance Sheet

Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	2	8	8	8	8	8	8	8	9
Reserves	18	18	40	68	79	79	92	118	208
Borrowings +	55	57	57	63	90	83	85	138	144
Other Liabilities +	22	24	31	14	24	67	62	94	301
Total Liabilities	96	107	135	153	200	238	248	358	662
Fixed Assets +	12	17	26	42	41	41	51	57	92
CWIP	6	1	1	0	1	7	4	6	9
Investments	13	12	2	2	5	7	8	8	13
Other Assets +	65	77	106	109	154	183	184	288	548
Total Assets	96	107	135	153	200	238	248	358	662

Let us look at the Fundamentals

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	410	464	633	711	1,194	1,529
Expenses +	357	407	561	596	951	1,286
Operating Profit	53	57	72	116	243	243
OPM %	13%	12%	11%	16%	20%	16%
Other Income +	18	26	36	4	1	2
Interest	20	14	13	17	20	26
Depreciation	8	9	20	32	53	66
Profit before tax	42	60	75	70	172	153
Tax %	25%	33%	20%	62%	37%
Net Profit	31	40	60	27	109	110
EPS in Rs	3,233.30	4,129.50	3.97	1.77	3.57	3.63
Dividend Payout %	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	37%
TTM:	31%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	40%
TTM:	58%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	21%
Last Year:	29%

Balance Sheet

Standalone Figures in Rs. Crores / View ConsolidatedCORPORATE ACTIONS

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	0	0	152	152	152	152
Reserves	160	203	133	161	275	327
Borrowings +	127	127	245	177	289	397
Other Liabilities +	107	109	125	196	247	387
Total Liabilities	395	439	654	686	964	1,263
Fixed Assets +	48	54	146	255	322	423
CWIP	11	25	35	0	2	1
Investments	37	62	0	0	0	0
Other Assets +	299	300	473	431	639	839
Total Assets	395	439	654	686	964	1,263

Cyient got a buy signal from HDFC Securities with a target price of Rs 1030. Cyient Ltd. is currently valued at Rs 961.9 on the open market.

A Mid Cap business with a market cap of Rs 10817.57 Crore, Cyient Ltd. was established in 1991 and works in the IT Software industry.Financials For the three months that concluded on December 31, 2022, the firm recorded consolidated total income of Rs 1645.70 crore, up 36.52% from the same period last year and up 16.23% from the previous quarter’s total income of Rs 1415.90 crore. In the most recent quarter, the company generated a net profit after tax of Rs. 156.00 Crore.

Let us look at the Fundamentals

Profit & Loss

Consolidated Figures in Rs. Crores / View StandalonePRODUCT SEGMENTS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	1,188	1,553	1,873	2,206	2,736	3,094	3,586	3,914	4,618	4,427	4,132	4,534	5,446
Expenses +	1,008	1,284	1,531	1,796	2,335	2,680	3,109	3,394	3,985	3,881	3,557	3,717	4,552
Operating Profit	180	269	342	410	401	414	477	520	633	546	575	818	894
OPM %	15%	17%	18%	19%	15%	13%	13%	13%	14%	12%	14%	18%	16%
Other Income +	29	16	36	17	122	112	79	147	131	158	140	112	100
Interest	1	1	0	1	6	16	17	20	33	49	43	39	84
Depreciation	49	49	64	72	71	89	95	105	111	188	194	192	227
Profit before tax	160	235	315	354	446	421	444	541	620	468	477	698	682
Tax %	17%	36%	31%	29%	25%	24%	24%	26%	23%	27%	24%	25%
Net Profit	140	161	231	266	351	320	340	403	477	341	364	522	505
EPS in Rs	12.55	14.48	20.70	23.76	31.43	28.94	30.54	36.00	42.33	31.14	33.06	47.35	45.78
Dividend Payout %	10%	17%	22%	21%	25%	24%	34%	36%	35%	48%	51%	51%

Compounded Sales Growth
10 Years:	11%
5 Years:	5%
3 Years:	-1%
TTM:	22%

Compounded Profit Growth
10 Years:	12%
5 Years:	8%
3 Years:	3%
TTM:	11%

Stock Price CAGR
10 Years:	19%
5 Years:	7%
3 Years:	66%
1 Year:	8%

Return on Equity
10 Years:	17%
5 Years:	16%
3 Years:	15%
Last Year:	17%

Balance Sheet

Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	56	56	56	56	56	56	56	56	55	55	55	55	55
Reserves	974	1,102	1,267	1,532	1,788	1,774	2,061	2,288	2,509	2,506	2,902	3,061	3,126
Borrowings +	1	3	0	6	147	214	211	283	368	711	577	573	1,655
Other Liabilities +	154	239	283	356	582	668	798	773	927	870	940	1,072	1,719
Total Liabilities	1,184	1,400	1,606	1,950	2,574	2,713	3,126	3,400	3,860	4,142	4,475	4,762	6,556
Fixed Assets +	332	327	335	337	789	657	751	798	978	1,305	1,361	1,345	2,747
CWIP	7	20	23	7	10	10	26	52	104	146	88	13	9
Investments	91	47	98	93	101	160	196	143	55	41	34	445	438
Other Assets +	754	1,007	1,150	1,514	1,674	1,886	2,153	2,409	2,723	2,650	2,992	2,959	3,363
Total Assets	1,184	1,400	1,606	1,950	2,574	2,713	3,126	3,400	3,860	4,142	4,475	4,762	6,556

The board of directors of retail brokerage firm Angel One Ltd. approved a fourth interim dividend of 9.60 per equity share for the fiscal year 2022–2023, sending the company’s stock up more than 3% on Wednesday. During midday trading, the stock was up 3.28 percent, trading at 1,127.65 per share. The record date for determining whether stockholders are eligible to receive the aforementioned interim dividend is March 31, 2023.

The members whose names appear on the Register of Members or in depositories’ records as beneficial owners of the shares as of Friday, March 31, 2023, will receive the dividend on or before April 20, 2023, according to Angel One.

Let us look at the Fundamentals

Profit & Loss

Consolidated Figures in Rs. Crores / View StandalonePRODUCT SEGMENTS

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	450	451	440	770	778	748	1,289	2,292	2,776
Expenses +	339	362	437	516	575	564	826	1,374	1,655
Operating Profit	112	90	3	254	203	183	462	918	1,121
OPM %	25%	20%	1%	33%	26%	24%	36%	40%	40%
Other Income +	11	11	112	14	11	2	8	13	99
Interest	38	36	54	95	70	50	42	76	89
Depreciation	10	13	14	15	20	21	18	19	27
Profit before tax	74	52	48	159	124	114	410	836	1,104
Tax %	37%	39%	35%	32%	36%	28%	28%	25%
Net Profit	47	32	31	108	80	82	297	625	828
EPS in Rs	32.69	22.08	21.59	14.99	11.09	11.44	36.28	75.41	99.53
Dividend Payout %	13%	25%	31%	91%	24%	24%	35%	36%

Compounded Sales Growth
10 Years:	%
5 Years:	39%
3 Years:	43%
TTM:	39%

Compounded Profit Growth
10 Years:	%
5 Years:	82%
3 Years:	99%
TTM:	59%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	-24%

Return on Equity
10 Years:	%
5 Years:	32%
3 Years:	36%
Last Year:	46%

Balance Sheet

Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	14	14	14	72	72	72	82	83	83
Reserves	332	355	375	403	459	519	1,049	1,502	1,804
Borrowings +	333	358	772	1,125	872	491	1,171	1,258	3,032
Other Liabilities +	295	411	641	767	805	1,108	2,511	4,378	4,506
Total Liabilities	974	1,139	1,803	2,367	2,209	2,190	4,814	7,220	9,425
Fixed Assets +	121	122	123	116	134	124	115	152	183
CWIP	1	3	1	0	1	2	0	12	35
Investments	0	0	50	6	15	35	6	19	97
Other Assets +	852	1,014	1,630	2,246	2,059	2,029	4,693	7,037	9,109
Total Assets	974	1,139	1,803	2,367	2,209	2,190	4,814	7,220	9,425

Zee Entertainment and IndusInd Bank have notified NCLAT that they have resolved their payment dispute, clearing the door for the Sony transaction.

On Wednesday, IndusInd Bank informed the NCLT that it will likewise drop its opposition to Zee Entertainment’s merger with a regional Sony subsidiary.

The share price of Zee Entertainment increased by as much as 4.4% to close to a one-week high.

Let us look at the fundamentals

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	3,009	3,040	3,700	4,422	4,884	5,812	6,434	6,686	7,934	8,130	7,730	8,189	8,308
Expenses +	2,180	2,291	2,743	3,215	3,624	4,386	4,711	4,605	5,370	6,870	6,123	6,471	6,910
Operating Profit	829	749	957	1,207	1,260	1,427	1,723	2,081	2,564	1,260	1,606	1,718	1,398
OPM %	28%	25%	26%	27%	26%	25%	27%	31%	32%	15%	21%	21%	17%
Other Income +	101	128	144	178	222	183	1,430	565	236	112	-29	-12	-240
Interest	9	5	9	16	10	160	137	145	130	145	57	45	69
Depreciation	29	32	40	50	67	78	115	182	235	271	265	246	318
Profit before tax	892	841	1,052	1,319	1,404	1,373	2,901	2,319	2,434	956	1,256	1,416	771
Tax %	30%	30%	32%	33%	31%	40%	23%	36%	36%	45%	37%	32%
Net Profit	625	591	717	890	972	824	2,220	1,478	1,567	525	793	956	426
EPS in Rs	6.51	6.14	7.54	9.29	10.18	8.57	23.13	15.40	16.32	5.48	8.33	10.04	4.43
Dividend Payout %	31%	24%	27%	24%	22%	26%	11%	19%	21%	5%	30%	30%

Compounded Sales Growth
10 Years:	10%
5 Years:	5%
3 Years:	1%
TTM:	6%

Compounded Profit Growth
10 Years:	6%
5 Years:	-4%
3 Years:	-13%
TTM:	-48%

Stock Price CAGR
10 Years:	0%
5 Years:	-18%
3 Years:	18%
1 Year:	-27%

Return on Equity
10 Years:	14%
5 Years:	12%
3 Years:	9%
Last Year:	10%

Balance Sheet

Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	98	96	95	2,113	2,115	96	96	1,240	837	394	96	96	96
Reserves	3,000	3,340	3,816	2,625	3,435	4,708	6,594	7,466	8,828	9,248	9,998	10,767	10,776
Borrowings +	2	2	3	3	2	1,716	2,203	382	374	352	423	76	300
Other Liabilities +	773	878	1,160	3,308	3,473	1,446	1,364	3,186	3,636	2,722	2,301	2,300	2,751
Total Liabilities	3,873	4,315	5,074	6,032	7,006	7,966	10,258	11,130	12,933	12,418	12,819	13,240	13,923
Fixed Assets +	810	920	991	1,073	1,138	1,333	916	1,476	1,414	1,315	1,191	1,225	1,494
CWIP	1	20	7	100	88	110	156	92	156	83	75	87	7
Investments	696	800	792	829	976	1,148	1,343	1,529	976	325	798	65	56
Other Assets +	2,366	2,576	3,285	4,030	4,805	5,375	7,843	8,033	10,386	10,695	10,754	11,862	12,366
Total Assets	3,873	4,315	5,074	6,032	7,006	7,966	10,258	11,130	12,933	12,418	12,819	13,240	13,923

IEX Share Price: On Monday, shares of Indian Energy Exchange, NSE: IEX, continued to lose money for the seventh session in a row. The stock started off in the green but gave in to selling pressure and turned red amid rumours that the Dalmia Group could reduce its shareholding.

The stock has crashed 11.63 per cent in the last seven sessions, eroding the wealth of investors. IEX shares are trading under pressure since 2:1 bonus issued on December 3, 2021. The scrip has tumbled 41 per cent in the last one year as against 0.81 per cent decline in Nifty50.
IEX is India’s premier energy marketplace, providing a nationwide automated trading platform for the physical delivery of electricity, renewables and certificates.

Let us look at the Fundamentals

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	36	60	138	174	176	170	199	230	254	257	317	426	406
Expenses +	15	19	34	38	41	45	55	46	51	53	58	60	67
Operating Profit	21	41	104	136	136	125	143	185	203	204	259	366	338
OPM %	59%	68%	75%	78%	77%	74%	72%	80%	80%	80%	82%	86%	83%
Other Income +	5	11	-6	0	0	25	34	26	40	40	40	52	67
Interest	0	0	0	0	0	0	0	0	1	2	2	2	2
Depreciation	4	4	6	3	3	3	3	10	10	15	16	16	18
Profit before tax	23	48	93	133	132	147	174	200	232	228	282	400	385
Tax %	17%	29%	29%	31%	32%	32%	35%	34%	29%	22%	24%	24%
Net Profit	19	34	66	92	90	100	114	132	165	178	213	303	291
EPS in Rs	0.23	0.42	0.81	1.12	1.10	1.16	1.31	1.45	1.81	1.98	2.38	3.37	3.23
Dividend Payout %	14%	16%	8%	9%	88%	72%	113%	50%	0%	42%	56%	59%

Compounded Sales Growth
10 Years:	22%
5 Years:	16%
3 Years:	19%
TTM:	-1%

Compounded Profit Growth
10 Years:	24%
5 Years:	24%
3 Years:	24%
TTM:	2%

Stock Price CAGR
10 Years:	%
5 Years:	19%
3 Years:	43%
1 Year:	-44%

Return on Equity
10 Years:	44%
5 Years:	46%
3 Years:	46%
Last Year:	48%

Balance Sheet

Standalone Figures in Rs. Crores / View ConsolidatedCORPORATE ACTIONS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	30	30	30	30	30	30	30	30	30	30	30	90	90
Reserves	48	75	141	223	210	168	248	254	340	360	502	612	662
Borrowings +	0	0	0	3	0	0	0	0	0	14	12	10	16
Other Liabilities +	95	107	114	116	169	227	277	291	335	264	384	983	441
Total Liabilities	169	208	282	369	406	424	554	574	706	668	927	1,695	1,209
Fixed Assets +	14	22	12	10	14	11	8	119	111	119	115	110	118
CWIP	2	0	0	0	0	0	1	1	1	1	6	5	0
Investments	104	125	189	247	254	281	383	268	475	514	710	1,247	969
Other Assets +	48	60	81	111	137	131	162	186	118	35	96	333	122
Total Assets	169	208	282	369	406	424	554	574	706	668	927	1,695	1,209

Vedanta Ltd., incorporated in the year 1965, is a Large Cap company (having a market cap of Rs 101,386.60 Crore) operating in Diversified sector.Vedanta stock is currently at its support but we suggest to wait till it cross 280 level for buy.

Lets us look at the Fundamentals

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM

10,136	8,978	2,749	66,152	73,710	64,262	72,225	91,866	92,048	84,447	88,021	132,732	149,200

5,008	5,478	2,283	46,557	51,595	82,741	50,849	66,989	68,877	63,704	60,703	87,908	110,604
Operating Profit	5,129	3,500	465	19,595	22,114	-18,479	21,376	24,877	23,171	20,743	27,318	44,824	38,596
OPM %	51%	39%	17%	30%	30%	-29%	30%	27%	25%	25%	31%	34%	26%

615	168	33	1,874	-19,222	4,290	4,423	6,087	4,270	-14,932	2,743	1,832	3,277
Interest	87	433	475	5,094	5,659	5,778	5,855	5,112	5,689	4,977	5,210	4,797	5,753
Depreciation	96	106	197	6,882	7,159	8,572	6,292	6,283	8,192	9,093	7,638	8,895	10,187
Profit before tax	5,560	3,129	-174	9,493	-9,925	-28,540	13,652	19,569	13,560	-8,259	17,213	32,964	25,933
Tax %	24%	33%	25%	-9%	-15%	37%	17%	30%	28%	43%	13%	28%
Net Profit	4,222	2,696	2,280	11,421	-11,369	-17,862	11,316	13,692	9,698	-4,744	15,032	23,710	18,632
EPS in Rs	48.58	31.01	26.24	21.25	-52.77	-41.39	23.47	27.82	19.01	-17.93	31.21	50.58	38.98
Dividend Payout %	7%	13%	0%	15%	-8%	-8%	83%	76%	99%	-22%	30%	89%

Compounded Sales Growth
10 Years:	31%
5 Years:	13%
3 Years:	13%
TTM:	23%

Compounded Profit Growth
10 Years:	22%
5 Years:	29%
3 Years:	40%
TTM:	-29%

Stock Price CAGR
10 Years:	6%
5 Years:	0%
3 Years:	63%
1 Year:	-34%

Return on Equity
10 Years:	13%
5 Years:	20%
3 Years:	25%
Last Year:	30%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022

87	87	87	296	296	296	372	372	372	374	374	374	372
Reserves	12,724	15,031	17,388	72,712	53,579	43,743	60,128	62,940	61,925	54,263	61,906	65,011	53,867

999	3,741	4,839	80,566	77,752	67,778	71,569	58,159	66,226	59,185	57,667	53,581	59,020

1,787	1,542	723	60,545	58,654	80,163	64,952	58,896	70,045	66,917	63,551	75,201	88,824
Total Liabilities	15,597	20,401	23,037	214,120	190,281	191,980	196,946	180,367	198,568	180,737	183,496	194,165	202,083

2,416	3,307	4,136	87,205	70,108	61,591	75,631	78,455	86,327	86,127	88,002	89,498	95,979
CWIP	544	837	723	43,128	38,748	38,461	27,557	32,055	24,959	18,585	16,314	15,879	17,060
Investments	8,800	14,167	16,059	37,910	39,606	53,386	46,962	28,700	33,065	24,753	16,660	17,291	14,742

3,838	2,090	2,119	45,877	41,819	38,542	46,796	41,157	54,217	51,272	62,520	71,497	74,302
Total Assets	15,597	20,401	23,037	214,120	190,281	191,980	196,946	180,367	198,568	180,737	183,496	194,165	202,083

Latest News About Bajaj FinServ

Bajaj Finance Ltd. and Cathay Financial Holding Co. are among the firms considering bids for Commonwealth Bank of Australia’s business in Indonesia, people familiar with the matter said.

The Indian and Taiwanese companies have had talks with advisers about potential offers for PT Bank Commonwealth, the people said. Other companies in the industry could bid for the business, the people said. A sale could value the business at several hundred million dollars

Let us look at the Fundamentals

Profit & Loss

Consolidated Figures in Rs. Crores / View StandalonePRODUCT SEGMENTS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	2,415	2,715	8,055	6,023	11,335	20,533	24,507	32,862	42,605	54,351	60,592	68,406	77,308
Expenses +	615	920	4,124	1,531	5,823	13,795	15,794	22,074	27,569	36,094	40,950	46,951	49,682
Operating Profit	1,800	1,794	3,931	4,491	5,511	6,739	8,713	10,788	15,037	18,258	19,641	21,455	27,626
OPM %	75%	66%	49%	75%	49%	33%	36%	33%	35%	34%	32%	31%	36%
Other Income +	168	1,190	2	3	8	0	0	1	2	0	-7	8	0
Interest	301	744	1,204	1,562	2,230	2,877	3,716	4,531	6,657	9,500	9,274	9,629	11,247
Depreciation	19	14	22	31	38	58	73	160	226	457	498	563	647
Profit before tax	1,649	2,226	2,708	2,902	3,251	3,804	4,925	6,099	8,155	8,302	9,862	11,271	15,733
Tax %	11%	15%	18%	24%	26%	27%	30%	32%	34%	28%	25%	26%
Net Profit	1,492	1,890	2,214	2,191	2,409	2,775	3,450	4,176	5,374	5,994	7,367	8,314	11,408
EPS in Rs	7.00	8.40	9.89	9.71	10.62	11.71	14.21	16.65	20.23	21.17	28.09	28.63	37.65
Dividend Payout %	2%	2%	2%	2%	2%	1%	1%	1%	1%	2%	1%	1%

Compounded Sales Growth
10 Years:	38%
5 Years:	23%
3 Years:	17%
TTM:	19%

Compounded Profit Growth
10 Years:	13%
5 Years:	15%
3 Years:	12%
TTM:	43%

Stock Price CAGR
10 Years:	32%
5 Years:	19%
3 Years:	37%
1 Year:	-24%

Return on Equity
10 Years:	14%
5 Years:	13%
3 Years:	13%
Last Year:	12%

Balance Sheet

Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	72	72	80	80	80	80	80	80	80	80	80	80	159
Reserves	3,652	5,027	7,722	9,232	11,009	13,519	16,071	20,403	23,660	31,222	35,750	40,167	42,303
Borrowings +	6,693	10,201	12,991	19,507	26,312	36,062	48,282	65,695	99,754	127,212	128,461	161,179	179,047
Other Liabilities +	43,599	44,154	44,578	45,565	50,827	54,290	64,181	75,337	84,934	92,791	115,554	131,987	138,766
Total Liabilities	54,017	59,454	65,370	74,383	88,228	103,951	128,614	161,514	208,428	251,304	279,845	333,413	360,275
Fixed Assets +	580	818	1,208	1,262	1,261	1,274	1,645	1,792	2,097	3,216	3,182	3,586	3,997
CWIP	14	18	2	1	3	11	4	28	66	45	129	113	61
Investments	43,127	43,506	43,251	45,314	51,367	53,698	62,658	69,428	81,679	91,821	113,654	119,222	122,632
Other Assets +	10,296	15,113	20,910	27,805	35,598	48,969	64,306	90,266	124,587	156,223	162,879	210,493	233,584
Total Assets	54,017	59,454	65,370	74,383	88,228	103,951	128,614	161,514	208,428	251,304	279,845	333,413	360,275

PVR is opening 11 screen multiplex in Chennai .As you all can see the stock it at its support right now around 1500 so we can start taking entry from here.

Let us look at the fundamental of the stocks

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone PRODUCT SEGMENTS

	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Sales +	916	645	13	40	45	181	59	120	614	537	981	687	941
Expenses +	609	473	129	125	124	238	150	188	449	437	640	533	652
Operating Profit	307	173	-116	-85	-78	-57	-91	-68	165	100	342	154	289
OPM %	34%	27%	-914%	-209%	-172%	-31%	-153%	-57%	27%	19%	35%	22%	31%
Other Income +	8	17	43	70	275	82	33	155	96	43	21	16	20
Interest	122	117	124	123	127	124	124	124	126	125	128	128	127
Depreciation	135	142	145	142	142	146	143	149	154	169	149	153	155
Profit before tax	58	-70	-342	-279	-73	-245	-325	-185	-19	-152	85	-110	26
Tax %	38%	-6%	34%	34%	33%	-18%	32%	17%	47%	30%	38%	35%	39%
Net Profit	36	-75	-226	-184	-49	-289	-220	-153	-10	-105	53	-71	16
EPS in Rs	6.58	-13.49	-40.87	-31.02	-8.28	-47.58	-36.11	-25.17	-1.67	-17.29	8.74	-11.65	2.64
Raw PDF

Balance Sheet

Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	27	26	40	41	42	47	47	47	47	51	61	61	61
Reserves	314	257	603	358	368	835	918	1,029	1,449	1,429	1,773	1,309	1,318
Borrowings +	162	203	657	613	747	660	820	831	1,282	5,066	5,003	5,196	5,291
Other Liabilities +	153	126	287	340	273	356	440	442	1,062	881	665	757	646
Total Liabilities	656	613	1,586	1,352	1,429	1,897	2,225	2,348	3,840	7,428	7,502	7,323	7,316
Fixed Assets +	368	273	996	820	860	1,000	1,509	1,590	2,742	5,886	5,475	5,407	5,360
CWIP	58	88	145	107	80	76	106	102	221	155	217	64	104
Investments	1	1	38	24	2	2	2	21	11	2	1	0	0
Other Assets +	230	252	407	402	486	820	609	636	866	1,385	1,808	1,851	1,852
Total Assets	656	613	1,586	1,352	1,429	1,897	2,225	2,348	3,840	7,428	7,502	7,323	7,316

After analysis of this stock, we understand that the stock has been continuously falling from its all time high price. In any scenario, until this stock finds its rock hard support, we should not take an entry till then. Our recommended price to take entry in this PVR stock is Rs 1410. CMP of this stock is Rs 1506 a share.

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