Docstoc

USBN

Document Sample
USBN Powered By Docstoc
					                                                                                            Regd off: 2A, Shakespeare Sarani, Kolkata- 700 071
USHA MARTIN LIMITED                                                                         E-Mail:    aksomani@ushamartin.co.in
                                                                                            Web site: www.ushamartin.com
                                                                                            Telephone: (033) 3980 0300 Fax: (033) 3980 0400
TELECOM CABLES                                                     MISCELLANEOUS            Tr agent: MCS Limited, 77/2A, Hazra Road, Kolkata - 700 029
Chairman: B. K. Jhawar                                                        SEC: A. K. Somani                                       AUD: Price Waterhouse
Yr of Inc   B. Code       BL. Code    F.V.         Price        % ch 1-m      % ch 12-m       P/E      P/CF            Yield         Mkt cap               Vol.             ISIN
 1987   517146             USM:IN      1            54.3          2.5             -30.3       7.3          4.6          1.8          13,588.0              150.9       INE228A01035
SHAREHOLDING                                                     FX Transaction   (FY09)                           ADJUSTED DAILY SHARE PRICE DATA
Indian Promoters           : 35.0%               Exports (fob)          Rs m       6,346
Foreign collaborators      : 11.2%               Imports (cif)          Rs m       2,860
                                                                                                    (Rs)
Indian inst/Mut Fund       : 17.5%               Fx inflow              Rs m       6,387      160
FIIs/GDR                   : 21.5%               Fx outflow             Rs m       2,993                                                                    DAILY
Free float                 : 14.9%               Net fx                 Rs m       3,394
Shareholders               : 47,468                                                                                                                         100 DMA
                                                                                              120
                           No. of months                  12            12           12
                             Year ending            31/03/07      31/03/08     31/03/09
EQUITY SHARE DATA
                                                                                               80
High                                  Rs                 265           154           106
Low                                   Rs                 135             36            18
Sales per share                       Rs               410.4          92.3         117.9
Earnings per share                    Rs                28.7            7.0           7.4      40
Cash flow per share                   Rs                48.3          10.9          11.7
Dividends per share                   Rs                3.75          1.00          1.00
Dividend yield (eoy)                  %                  1.9           1.1            1.6
                                                                                                0
Book value per share                  Rs               161.6          38.7          45.4
Shares outstanding (eoy)              m                47.87        250.24        250.24        Aug-06             Jun-07            Feb-08                Nov-08           Aug-09
Bonus/Rights/Conversions                                 WC        FV1,WC               -
Price / Sales ratio                   x                   0.5           1.0           0.5                               No. of months                 12            12            12
Avg P/E ratio                         x                   7.0         13.6            8.4                                 Year ending           31/03/07      31/03/08      31/03/09
                                                                                             CASH FLOW
P/CF ratio (eoy)                      x                   4.1           8.7           5.3
Price / Book Value ratio              x                   1.2           2.5           1.4    From Operations                         Rs   m       2,429             2,673      8,154
Dividend payout                       %                 13.1          14.3          13.5     From Investments                        Rs   m      -2,935            -3,860    -10,580
Avg Mkt Cap                           Rs m             9,574        23,773        15,515     From Financial Activity                 Rs   m         328             1,412      2,827
No. of employees                      `000                NA            NA            NA     Net Cashflow                            Rs   m        -178               226        401
Total wages/salary                    Rs m             1,576         1,767         1,886
Avg. sales/employee                   Rs Th               NA            NA            NA                                       INTERIM RESULTS
Avg. wages/employee                   Rs Th               NA            NA            NA                                           2QFY09  3QFY09             4QFY09         1QFY10
Avg. net profit/employee              Rs Th               NA            NA            NA     Net sales                   Rs    m     5,968   5,132              5,317          4,117
                                                                                             Gross profit                Rs    m     1,112      965               783            729
INCOME DATA                                                                                  Gross profit margin         %            18.6     18.8              14.7           17.7
Net Sales                             Rs     m        19,647        23,088        29,499     Net profit                  Rs    m       418      267               213            134
Other income                          Rs     m           116           158           220     Net profit margin           %             7.0       5.2               4.0            3.3
Total revenues                        Rs     m        19,763        23,246        29,719
Gross profit                          Rs     m         3,510         4,277         5,137
Depreciation                          Rs     m           935           975         1,086
Interest                              Rs     m           952         1,034         1,465
Profit before tax                     Rs     m         1,739         2,426         2,806
Minority Interest                     Rs     m           -13            -11          -30
Prior Period Items                    Rs     m              0             0             0
Extraordinary Inc (Exp)               Rs     m            90             43             0
Tax                                   Rs     m           441           704           922
Profit after tax                      Rs     m         1,375         1,754         1,854
Gross profit margin                   %                 17.9          18.5          17.4
Effective tax rate                    %                 25.4          29.0          32.9
Net profit margin                     %                   7.0           7.6           6.3

BALANCE SHEET DATA
Current assets                        Rs m            11,176        16,005        14,982
Current liabilities                   Rs m             5,982        10,716        11,677
Net working cap to sales              %                 26.4          22.9          11.2
Current ratio                         x                   1.9           1.5           1.3
Inventory Turnover                    Days               100           124            81
Debtors Turnover                      Days                52            51            53
Net fixed assets                      Rs m            13,779        17,410        26,232
Share capital                         Rs m               240           251           251
"Free" reserves                       Rs m             6,466         8,996        10,556
Net worth                             Rs m             7,735         9,674        11,355
Long term debt                        Rs m             6,610         7,820        13,040
Total assets                          Rs m            24,958        33,419        41,218
Interest coverage                     x                   2.8           3.3           2.9
Debt to equity ratio                  x                   0.9           0.8           1.1
Sales to assets ratio                 x                   0.8           0.7           0.7
Return on assets                      %                 16.2          15.9          13.6
Return on equity                      %                 17.8          18.1          16.3
Return on capital                     %                 19.3          20.0          17.4
Exports to sales                      %                 18.4          16.0          21.5
Imports to sales                      %                 12.1          10.7            9.7
                                                                        GET MORE INFO AT WWW.EQUITYMASTER.COM

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:9
posted:11/6/2010
language:English
pages:1