Its in upcoming business, way population of country growing as well as demand for water increase,thus requirment of water mangement has increased.Our goverment is spending huge sum on improving water supply, waste mangement n buildng new water reserve. Our country is also considering of river link project, if an when this projects implemted will create huge opportunities for water supply n mangement infra company.
Jaihind has built a strong reputation for executing Turnkey projects for water supply schemes over the last ten years.
The various projects Jaihind has undertaken in this industry segment comprise of turnkey execution of intake wells, Approach RCC bridges, Pump-houses, Pumping machineries, Treatment Plants, Reservoirs, Sumps, Buildings, Roads, Substations, Instrumentation, Transmission, Rising, Gravity Mains and distribution networks.
jaihind projest work under following area
We provide EPC services ranging from:
Oil & Gas
- Onshore and Near-shore/Marshy Pipelines
- Tankages & Terminals
- Horizontal Directional Drilling
- Microtunnelling/Boring
- Onshore & Offshore Fabrication
Process
- Refineries
Civil Infrastructure
- Water Supply & Sewerage
- Turnkey
- Rail
Thermal Power Plants
Revamping/Refurbishing/Maintenance
- Asset Preservation and Maintenance
- Revamping
Cross Country & Onshore Pipelines
Horizontal Directional Drilling (HDD)HDD is an advanced technology useful for construction of all types of pipelines and cable lines under various terrain obstacles, such as rivers, lakes, ramparts, roads, canals, swamps, runways, parks, sanctuaries etc. The obstacle is crossed by drilling under it, from one side to the other, using special machine called drilling rig
Bulk Storage Tanks
City Gas Distribution
ABOUT COMANYNow while know about company mangement, its an hinduja group company, one of the most powerful an high profile group, which has good relationship with our country most strong political party, which is very important to get huge order in infra sector.
Prakash Hinduja, Chairman & Managing Director
Prakash Hinduja has served as the Chairman and Managing Director since 1989, prior to which he was Director, Operations. Under his leadership, Jaihind has grown strength to strength in various areas of engineering & infrastructure construction. He is a mechanical engineer by training.
Lallan Pandey, Executive Director
Lallan Pandey looks after the operations of the company and under his stewardship the company has progressed considerably in executing increasingly ambitious projects. With more then 30 years experience, Mr. Pandey worked with Projects & Development India Limited (PDIL) as Chief Engineer before joining Jaihind in 1995. He is a Mechanical Engineer by profession.
Dinesh Hinduja, Director, Corporate Development
Dinesh Hinduja is responsible for the overall corporate development activities of the company and also heads the Information Systems and HR functions of the company. He has over 10 years of business development experience in engineering construction and software industries. He is an MBA from Georgetown University, USA, and has studied in Melbourne Business School, Australia and Indian Institute of Management, Ahmedabad.
Harish Chandwani, Director, Contracts and Projects
Harish Chandwani rejoined Jaihind in early 2008 after a gap of 10 years during which he was an independent consultant and contractor for EPC projects in Civil and Mechanical industries. Harish has around 40 years of experience in project execution, of which 10 years were with Jaihind between 1988 to 1998 as a General Manager. He holds a Civil Engineer Graduate degree from Rajasthan University.
NOW COMPANY FUNDMENTALS
MCAP: 220cr
book value: 110rs
eps : 33rs
pe: 9.9
An infra company with small equity of 7.1cr or we say 71 L shares. with small debt of 97cr.
| Mar '05 | Mar '06 | Mar '07 | Mar '08 | Mar '09 | ||||||
 | ||||||||||
| 12 mths | 12 mths | 12 mths | 12 mths | 12 mths | ||||||
| ||||||||||
| Income | ||||||||||
| Sales Turnover | 51.91 | 62.09 | 84.83 | 74.75 | 239.47 | |||||
| Excise Duty | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Net Sales | 51.91 | 62.09 | 84.83 | 74.75 | 239.47 | |||||
| Other Income | 0.21 | 0.30 | 0.35 | 4.20 | 6.40 | |||||
| Stock Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Total Income | 52.12 | 62.39 | 85.18 | 78.95 | 245.87 | |||||
| Expenditure | ||||||||||
| Raw Materials | 12.26 | 16.38 | 17.40 | 15.32 | 131.75 | |||||
| Power & Fuel Cost | 2.65 | 2.30 | 4.60 | 5.28 | 5.41 | |||||
| Employee Cost | 23.46 | 26.74 | 35.12 | 28.19 | 47.67 | |||||
| Other Manufacturing Expenses | 1.15 | 1.81 | 1.82 | 2.18 | 1.50 | |||||
| Selling and Admin Expenses | 5.66 | 5.86 | 6.11 | 6.47 | 8.79 | |||||
| Miscellaneous Expenses | 3.59 | 4.20 | 5.51 | 2.59 | 7.70 | |||||
| Preoperative Exp Capitalised | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Total Expenses | 48.77 | 57.29 | 70.56 | 60.03 | 202.82 | |||||
| Mar '05 | Mar '06 | Mar '07 | Mar '08 | Mar '09 | ||||||
| ||||||||||
| 12 mths | 12 mths | 12 mths | 12 mths | 12 mths | ||||||
| ||||||||||
| Operating Profit | 3.14 | 4.80 | 14.27 | 14.72 | 36.65 | |||||
| PBDIT | 3.35 | 5.10 | 14.62 | 18.92 | 43.05 | |||||
| Interest | 1.50 | 1.67 | 3.16 | 6.71 | 19.48 | |||||
| PBDT | 1.85 | 3.43 | 11.46 | 12.21 | 23.57 | |||||
| Depreciation | 0.68 | 0.89 | 1.36 | 2.18 | 3.63 | |||||
| Other Written Off | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Profit Before Tax | 1.11 | 2.54 | 10.10 | 10.03 | 19.94 | |||||
| Extra-ordinary items | 0.00 | 0.00 | 0.00 | -1.17 | -2.75 | |||||
| PBT (Post Extra-ord Items) | 1.11 | 2.54 | 10.10 | 8.86 | 17.19 | |||||
| Tax | 0.51 | 1.47 | 7.00 | 3.74 | 6.65 | |||||
| Reported Net Profit | 0.60 | 1.07 | 3.09 | 6.30 | 13.28 | |||||
| Total Value Addition | 36.51 | 40.91 | 53.16 | 44.70 | 71.08 | |||||
| Preference Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Equity Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Corporate Dividend Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Per share data (annualised) | ||||||||||
| Shares in issue (lakhs) | 51.09 | 51.09 | 51.09 | 71.09 | 71.09 | |||||
| Earning Per Share (Rs) | 1.17 | 2.10 | 6.05 | 8.86 | 18.68 | |||||
| Equity Dividend (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Book Value (Rs) | 23.36 | 25.46 | 31.51 | 56.84 | 77.18 | |||||
so we can see how fast company is growing, its an high growth company with small equity base, thus its will have fast an huge impact on eps of company and thus valuation of company. Its very important what we are paying, 220cr for an infra company with good business group, and high growth potantial sector. thus it will become big infra company in long run,so giving us an opportunity in investing in multibagger company.. disclamer: i have invested in this company , its just and view not an recommendation, people must do his own study before investing | ||||||||||
No comments:
Post a Comment