Monday, 4 May 2015

SHILP GRAVURES LTD - RESULT UPDATE

Shilp Gravures Ltd. posted on the blog at 43 on 26th December 2014.
Company has announced March 2015 quarter numbers as follows.
As seen above: Sales and Net Profit has witnessed decent growth. Market has rated this company for a de-growth but it has turned out to have reported a growth instead. As per the recently announced shareholding pattern the promoter stake at end of march quarter has increased to 60.12% from 60.07% a quarter ago, There is a noted increase in promoter holding every quarter consistently since the June 2013 quarter. At current price of 50, The P/E for Shilp Gravures comes at: 6.77.

No matter how much the market thinks the growth is capped, The P/E of 6.77 is extremely cheap and who knows what the constant promoter holding increase might mean in the long-term.

Shilp Gravures is still a hold, Though quite slow in terms of movement let us not get impatient in it.

11 comments:

  1. No dividend announced for this.year ? Shilp has good track of paying dividend for the last several Year.

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    Replies
    1. Shilp Gravures Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 02, 2015, inter alia, have recommended dividend of Rs. 1.20/- per share for the year ended March 31, 2015.

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    2. Ok, Thanks for the info, actually I didn't find this line on Money conrol in full announcement related to result.

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    3. That's why i prefer BSEINDIA.com over it :)

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  2. I have Indowind and Garden Silk. Can you please suggest if i should hold or shift to some other stock? - Vicku

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    Replies
    1. Both are loss making companies and i do not like them.

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    2. Thanks for your reply. I have started added in my portfolio of your suggested stocks. Appreciate your prompt feedback - Vicku.

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  3. Even in today's market parnax closed in green, is it a starting point for north werd journey.

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  4. Palred technologies has started social media campaign for its ecommerce site LatestOne.com

    Screenshot of Facebook ad:


    http://s2.postimg.org/kaf2sq7wp/Screenshot_2015_05_06_22_32_47.png

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  5. when is GTS 3 coming up Sir?

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  6. Sir can you please have a look at associated alchols & breweries ltd the numbers seem interesting and growth is good at 30% cagr debt is seems reduced in fy 15 full capex Impact should be seen in fy 15 also the intersting point is they are the major suppliers of triple dictelled grain spirit to major vodka brands and bottlers of haig glendrummond the promoter is Prassana KUMAR KEDIA holding 58% no pledge no warrants increased holding iam not able to find the pedigree of the promoter can u pl have look please

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