Finolex Industries Ltd
BSE Code: 500940 CMP Rs. 77
Financials
Finolex Industries posted a net profit of Rs 17.45 crore for the quarter ended March 31, 2007 as against Rs 15.37 crore in the corresponding quarter of the previous year. Net sales grew 46.34% to Rs 306.61 crore during the quarter as against Rs 209.52 crore in the same quarter last year. For the year ended March 31, 2007 , Finolex Industries reported a 39.5% rise in net sales to Rs 1027.13 crore against Rs 736.35 crore in the previous year. Net profit surged 65.16% to Rs 69.88 crore from Rs 42.31 crore, translating into an EPS of Rs 5.64 per share. Going forward, we expect the company to report net sales of Rs 1282.50 crore in FY08 and net profit of Rs 78 crore, translating into an EPS of Rs 6.29.
Return on Sales or Gross margin is 87%
Price to book value ratio is 1.43
Price to Sales is 2.12.
| Ratio Analysis |
| Per Share |
2007/03 |
2006/03 |
2005/03 |
2004/03 |
2003/03 |
| EPS |
5.63 |
3.41 |
7.73 |
7.27 |
6.35 |
| Book Value |
42.63 |
40.61 |
40.76 |
37.46 |
33.64 |
| Net Profit |
698.83 |
423.09 |
959.17 |
901.62 |
803.88 |
| Reserves |
4046.70 |
3797.10 |
3814.65 |
3406.28 |
2992.25 |
What
our members say:
"Finolex is a company with excellent intrinsic value that will benefit long term investors. And I appreciate Indiainfostock team for their wise selection. This is a sure bet.” Joseph John, Cochin.
"Indiainfostock team does the deep research and selects the exceptional growth ones. Their selections save time and money for busy investors.” Prateek, Secunderabad
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