01 November 2012

TVS Motor Company; Microsec


TVS Motor Company Limited.  announced its Q1 FY13 results on 31st  October 2012. The company’s Standalone Net sales decreased by 7% and 15%  on QoQ and  YoY basis respectively. EBITDA decreased by 6% and 27%  on QoQ and  YoY basis respectively. EBITDA Margin of the company increased from 5.91% to 5.99% on QoQ basis. Standalone Net Profit decreased by 12% and 42%  on QoQ and  YoY basis respectively.


STANDALONE





DESCRIPTION
September-12
September-11
June-12
YoY Change(%)
QoQ Change(%)
Total Income
1,691
1992
1,820
-15
-7
Total Expenditure
1,589
1854
1,712


EBITDA
101
138
108
-27
-6
EBITDA margins
5.99%
6.94%
5.91%


Other Income
4
2
5


Operating Profit
105
141
113


Interest
15
11
15


Exceptional Items
0
0
0


PBDT
90
129
97


Depreciation
32
29
31


PBT
58
101
66


Tax
13
24
15


Profit After Tax
45
77
51
-41
-12
PAT margins
2.67%
3.84%
2.81%


Equity Capital
47.51
47.51
47.51


Face Value(InRs)
1.00
1.00
1.00


EPS
0.95
1.61
1.08
-41
-12
Figures in INR Crore.EPS represents Ajd EPS


Regards,

Team Microsec Research

1 Nov: Business news Tablet - (Click on link to view article): IFCI


News (click on link to read article)
Economic Times

Business Standard

Business Line

Mint

Financial Express

Financial Chronicle

(Click on link to view article)

-- 

FII DERIVATIVES STATISTICS FOR 01-Nov-2012

FII DERIVATIVES STATISTICS FOR 01-Nov-2012 
 BUYSELLOPEN INTEREST AT THE END OF THE DAY 
 No. of contractsAmt in CroresNo. of contractsAmt in CroresNo. of contractsAmt in Crores 
INDEX FUTURES375001028.1328842794.983719589119.92233.15
INDEX OPTIONS3012948397.322638117403.04165687546769.33994.28
STOCK FUTURES441011189.57394811080.05105805928369.12109.51
STOCK OPTIONS32570882.2534981957.12581881623.14-74.86
      Total1262.08
.

-- 

Kotak Opportunities: Hold :: Business Line


Four signs of friendly funds:: Business Line


With effect from October 1, many large fund houses have hiked the expenses that they charge to their equity schemes by 0.25 percentage points, taking advantage of SEBI’s recent relaxation in the expense limit. But Quantum Mutual Fund has chosen not to take this hike.

ECONOMISING ON CHARGES

Its flagship Quantum Long Term Equity Fund as well as Quantum Tax Saver will continue to have expense ratios of 1.25 per cent of net assets, while other funds in Quantum’s fold will charge even less. Now, given that Quantum’s equity funds are consistent performers and that expense ratios in equity fund space can now go up to 2.5 per cent a year, this is certainly an investor-friendly move. The fund house, especially given its relatively small size, could have certainly increased its expense ratio and pocketed a tidy profit for itself. Instead, it has chosen to forego the fee and leave more on the table for investors.
A fund house keeping its costs well below statutory limit is certainly one sign that it is investor-friendly. But what are the other such signs?

Take a top-up to settle loan :: Business Line


I am 29 years old and my wife, 25, is a home maker.
We are expecting a child next year. Under my employment, I don't have PF, gratuity and other benefits.
My monthly income is Rs 90,000 and rental income is Rs 3,500.
My expenses are Rs 35,000. I also pay an EMI of Rs 12,500 for a plot loan. My monthly instalment in two chit funds is Rs 30,000. I bid for both of them during my plot purchase. I own a flat and three plots worth Rs 26 lakh. I have a 50 per cent share in a house and its current value is Rs 30 lakh. I took the loan but my father supports the EMI payment. I have sold all my investments while purchasing the flat. My current liability is Rs 7.5 lakh, which is interest-free and needs to be repaid within six months.
I have taken a floater health insurance policy for Rs 5 lakh. I plan to take term insurance for Rs 1 crore.
My goals are:
I want to buy a car for Rs 9 lakh in few years.
How much do I need to save for my child’s higher education and for my retirement at 50. We may live till 80.
— Sridhar