DP Money Watch – Sing All The Way To The Bank With Singer India

Singer India is a 136 year old company and the Singer brand is a house-hold name in more than 75 countries around the globe. Sir Issac Merrit Singer formed IM Singer & Co. in 1851 with a borrowed capital of US $40 in New York. Singer made an entry into the Indian sub-continent as early as 1871 when it established its office in Mumbai and soon the company name became synonomous with anything related to sewing.

Now, 136 years later Singer is not only a leading player in sewing machines but has also expanded its product range to meet all the requirements of any Indian household. Singer now sells a large number of small domestic appliances as well as Food Processors, Electric Irons etc. Recently, Singer’s former Managing Director Mr. KK Gupta who had taken up an assignment at Chambal Fertiliser during late 1999 has again joined the company as its Vice Chairman. Although the company financials are nothing to write home about, but the latest valuations of its brand in India reveals that only the brand Singer is worth a few times its market capitalisation of Rs. 17 crores. A major turn-around in the company’s performance is expected in the next few years.

Buy is recommended at Rs. 11 with one year HOLD.

This report has been prepared solely for information purposes and the information contained herein may not be deemed to be an investment advice. Such information is impersonal and not tailored to the investment needs of any specific person. The information contained herein is not a complete analysis of every material fact representing any company, industry or security. The views expressed may change. While the information contained herein has been obtained from sources believed to be reliable, no responsibility (or liability) is accepted for the accuracy of its contents. Investors are advised to satisfy themselves before making any investments and should consult with and rely upon their own advisors whether and how to use such information in making any investment decision.

Tags: singer, chambal, stocks, equity, buy

Note: DelhiPlanet would be back with it’s regular feature articles beginning next month. Till then, checkout our existing content and Enjoy the Delhi Planet Comic Strip.

What Did Superman Give India This Diwali ?

It’s Diwali, the “Indian Festival Of Lights“. A time when people all across the country and Indians all across the globe adorn their houses with lights and lamps. It’s a day which people celebrate with great fervour and enthusiasm and is one of the biggest festivals in the country.

In the 21^st century this festival continues to carry forward its religious and cultural significance. While the festival is supposed to have originated to commemorate the homecoming of King Rama of Ayodhya, after a 14-year exile in the forest (thus the people of Ayodhya welcomed him back by lighting up rows of lamps), today it has become an event where people exchange gifts and pray for a better and brighter future. The lights and lamps are supposed to signify the uplifting of darkness and victory of good over the evil within.

And then there is Superman, the great american hero who embodies the noble american virtues of honesty, patriotism and chivalry. Superman is superhuman and possesses god-like powers which he uses to good effect while battling numerous villians and super-villians in the universe.

Now, wait a minute, Lord Rama and Superman, isn’t there something similar between these two. There certainly is. Both of them are superhuman but lead ordinary lives as normal humans(superman spends his time as Clark Kent, a reporter at the Daily Planet when he’s not crime-fighting). Both of them fight villians and monsters(rakshasas) to ensure world-peace. While lord rama has billions of worshippers all over the world, superman too has millions of fans across the globe. So maybe for a while we can assume that Superman is infact the modern day Lord Rama.

So what would happen if Superman visited India around the festival of Diwali. Well, he wouldn’t be welcomed the way Lord Rama was, but he would certainly use his powers to enjoy this diverse and mystical land. And maybe, he would even give India a diwali gift.

On the occasion of Diwali, DelhiPlanet is very proud to showcase the DelhiPlanet Comic Strip. A short story on Superman’s discovery of India which ends with his gift to the country (See below, click on each image to see the larger version).

Well you probably know the answer to the post title now.

DelhiPlanet has over the past 11 months aimed to emulate Superman’s Newspaper and has in the process published close to 150 articles on a gamut of topics ranging from news, current affairs, trivia, little known facts to travel tips, travelogues, stock tips, movie reviews, event reviews and much more. Our endeavour is simply to keep you informed and to try and make a difference to the world that we live in.

Here’s wishing you and your family a very Happy, Bright and Safe Diwali.

Note: We will back next month with a new set of informative articles and stories, so do check us out.

The DelhiPlanet Comic Strip was conceptualized, designed and created by DelhiPlanet and reproduction in full or in part without prior permission is prohibited. If you wish to spread the word, kindly link to the post.

DelhiPlanet is best viewed with a resolution of 1280 X 800 or more.

DP Money Watch – Ride The Diwali Boom With Marson Ltd.

Marsons Ltd is an ISO-9001-2000 certified, 50 year young company having a presence in the power infrastructure sector with state of the art manufacturing and testing facilities for almost all kinds of transformers ranging from 25KVA to 100 MVA. Marsons has so far supplied more than 100,000 transformers to companies like Siemens, NTPC, State Electricity Boards, CESC, Hydel Power plants, GRIDCO, Ordinance factories and many more. Over the last 2 years the company’s top line has spurted by more than 50 % and its PAT by about 200%(see financials below). Surely the company is on revival path and is trying to regain its lost glory.

Scrip Code : 517467Company Name : Marsons Ltd

Type Audited Audited Audited Audited Date Begin 01 Apr 06 01 Apr 05 01 Apr 04 01 Apr 03 Date End 31 Mar 07 31 Mar 06 31 Mar 05 31 Mar 04 Description Value(Rs. million) Net Sales 449.51 295.22 211.72 273.58 Other Income 1.48 2.17 1.63 2.22 Total Income 450.99 297.4 213.35 275.8 Expenditure -424 -278.65 -195.98 -254.89 Operating Profit 26.99 18.75 17.37 20.91 Interest -13.07 -11.06 -8.72 -12.01 Gross Profit 13.92 7.69 8.65 8.9 Depreciation -4.92 -4.42 -6.36 -6.26 Profit before Tax 9 3.27 2.29 2.63 Tax -3.15 -1.32 0.88 2.56 Profit after Tax 5.86 1.96 3.17 5.19 Net Profit 5.86 1.96 3.17 5.19 Equity Capital 108 108 108 72 Reserves 30.15 29.23 20.49 55.33 EPS 0.11 0.04 0.06 0.72 Nos. of Shares – Non Promoters 45771670 45422457 41781834 4500905 Percent of Shares – Non Promoters 84.76 84.12 77.37 62.51 Result Type A A A A

Financials reproduced from BseIndia

The Company’s equity capital is Rs.10.8 crores with 5.4 crore shares of Rs.2 FV. At a CMP of Rs. 4.5 the market capitalisation is just about Rs. 25 crores. The Company has its manufacturing plants spread over almost 4 lakh sq ft in proximity to the port and is the largest manufacturer in the Eastern region. It also has its own Transformer Oil Plant and Copper wire and Strip plant. The replacement cost of such a strategically located plant will not be less than Rs. 100 crores. With unsecured loans of about Rs. 10 crores the share at CMP appears to be undervalued, and can prove to be a multibagger.

Buy at CMP is recommended with atleast one year HOLD.

This report has been prepared solely for information purposes and the information contained herein may not be deemed to be an investment advice. Such information is impersonal and not tailored to the investment needs of any specific person. The information contained herein is not a complete analysis of every material fact representing any company, industry or security. The views expressed may change. While the information contained herein has been obtained from sources believed to be reliable, no responsibility (or liability) is accepted for the accuracy of its contents. Investors are advised to satisfy themselves before making any investments and should consult with and rely upon their own advisors whether and how to use such information in making any investment decision.

Tags: power, land, marson, stocks, equity, buy