This is a very attractive price.... accumulation is going on...It is my choice it will be a multibagger in long run..
As mentioned in my previous posts, this is not a giant company.But it`s a small stock, but has a potential to become big company . One has to keep patience to see returns. My targets of 50 is still intact in 1 n half years time from now....
Q1 17 top line is Rs7.1cr. Full year will be c. Rs28cr - 100% growth over last year. What are yours views.. Post hear
Dear Friends, Notice is hereby given that a meeting of Board of Directors of Kallam Spinning Mills Limited is scheduled to be held on Saturday, 26th August, 2017, inter alia,to consider the following business i.To Approve and take on record the Un-Audited financial results of the Company for the Quarter ended 30th June, 2017. ii.To consider a proposal for declaring/recommending issue of Bonus Shares.1st Q result may be very charmful
| (in Cr.) | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | FY 16-17 |
| Income Statement | ||||||
| Revenue | 86.54 | 69.50 | 66.46 | 64.33 | 69.30 | 286.83 |
| Other Income | 4.22 | 2.12 | 2.31 | 1.76 | 2.48 | 10.41 |
| Total Income | 90.77 | 71.62 | 68.76 | 66.09 | 71.78 | 297.24 |
| Expenditure | -77.24 | -58.00 | -54.46 | -51.10 | -59.71 | -262.54 |
| Interest | -- | -7.59 | -7.12 | -7.04 | -7.23 | -- |
| PBDT | 10.09 | 6.04 | 7.18 | 7.95 | 4.84 | 21.09 |
| Depreciation | -- | -3.44 | -3.45 | -3.27 | -3.40 | -- |
| PBT | 10.09 | 2.59 | 3.73 | 4.68 | 1.44 | 21.09 |
| Tax | -4.18 | -2.14 | -0.43 | -1.64 | -1.64 | -8.39 |
| Net Profit | 5.91 | 0.45 | 3.30 | 3.04 | -0.20 | 12.70 |
| Equity | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 | 6.85 |
| EPS | -- | 0.66 | 4.82 | 4.44 | -0.29 | -- |
| CEPS | 1.72 | 1.14 | 9.86 | 9.21 | 4.68 | 3.71 |
| OPM % | 11.66 | 19.60 | 21.52 | 23.31 | 17.42 | 7.35 |
| NPM % | 6.82 | 0.65 | 4.97 | 4.73 | -0.29 | 4.43 |
Ginni Filaments have been steadily improving its performance from the Q3FY16-17 since when it has shown remarkable results on q-o-q as well as y-o-y basis. For the Q3FY16-17, while the Net Sales declined by 1.57%, Net Profit grown by 1052.31% and thereby NPM improved to 2.55% as compared to 0.22% on y-o-y basis. For Q4FY16-17, while the Net Sales increased by 1.65%, Net Profit grown by 157.27% and thereby NPM improved to 2.80% as compared to 1.11% on y-o-y basis. For the whole year, FY 16-17, while the Net Sales increased by 1.40%, Net Profit grown by 308.14% and thereby NPM improved to 2.35% as compared to 0.58% on y-o-y basis. The Q1FY17-18 is awaited and if it continues to outperform its earlier results 70-75 is not far away. For the past week, it has given opportunities to enter at 50 levels and a breakout was seen on Friday which promises a superb run in the coming weeks.I HOPE THAT IT WILL GIVE YOU HANDSOME RETURN
