SREI INFRA
CMP: 91.4
SREI Infra primarily finances private, personal, co-operative and public-private. It is a NBFC.
They raise money from public by the means of NCDs and bonds. The current rate offered by them is around 9.5%. Which means they will be charging around 13-14% from the borrowers. Which is a good margin. Tax free bonds are also lucrative.
SREI reports consolidated PAT of Rs 180.65 crore during 9 month period ended December 31, 2016 as compared to Rs.51.98 crore in the corresponding period of previous year. That means more than 300% growth. Promoter holding is 60.8% Which indicates company is growing, strong fundamental and intact management.
Also most of the Infra projects kick off after monsoon, which gets discounted by HNIs and operators around Monsoon. So probably this is the best time to invest.
The thing I like about them the most is Strategical financing which includes SEZ projects, Rural IT and Infra projects as well as Equipment Finance as well as Equipment Rentals. Under NDA government many SEZs will come into picture which will boost local infra players to level up resulting in Borrowing Funds. Also stricter and transperant Norms coming after Mallya Kaand. 'Bad Banks' may proove useful for this sector.
Project Development, project advisory and Investment Banking and brokerage form the remaining revenue.
I haven't done in-depth research about the numbers but the company is fudamental and very little risk. Give it a shot. 150 might be on page.
They raise money from public by the means of NCDs and bonds. The current rate offered by them is around 9.5%. Which means they will be charging around 13-14% from the borrowers. Which is a good margin. Tax free bonds are also lucrative.
SREI reports consolidated PAT of Rs 180.65 crore during 9 month period ended December 31, 2016 as compared to Rs.51.98 crore in the corresponding period of previous year. That means more than 300% growth. Promoter holding is 60.8% Which indicates company is growing, strong fundamental and intact management.
Also most of the Infra projects kick off after monsoon, which gets discounted by HNIs and operators around Monsoon. So probably this is the best time to invest.
The thing I like about them the most is Strategical financing which includes SEZ projects, Rural IT and Infra projects as well as Equipment Finance as well as Equipment Rentals. Under NDA government many SEZs will come into picture which will boost local infra players to level up resulting in Borrowing Funds. Also stricter and transperant Norms coming after Mallya Kaand. 'Bad Banks' may proove useful for this sector.
Project Development, project advisory and Investment Banking and brokerage form the remaining revenue.
I haven't done in-depth research about the numbers but the company is fudamental and very little risk. Give it a shot. 150 might be on page.
VC funding and De-listing might also help it ride the wave IPO and Buy-Back instruments are already doing well but the IPO bubble may soon burst.
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ReplyDeletePrivate sector lender Axis Bank is anticipated to record a 19.9 % degrowth in first quarter profit at Rs 1,245.3 crore 12 months-on-yr, in keeping with average of estimates of analysts polled by means of CNBC-TV18. outcomes shall be announced on July 25.
multibagger
Value pick
The government has notified Rs 28,600 crore bank recapitalisation bond allocation.
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