September 15, 2011

Frick India Limited- Annual Report ( 2010-11 ) - Comments

Frick India Limited as on 31-03-11 has a Share Capital of Rs. 60 lakh ( Rs. 10 paid up shares ) and Reserves of Rs. 6736 lakh , giving it a Book Value of  around Rs. 1133 per share.
No. of Shareholders ( 31-03-11 )- 2211

In the APPLICATION OF FUNDS ( Page 23 - Annual Report - 2010-11 )

Frick India Limited has Rs. 1733 Lakh in Investments ( mainly mutual funds ) and its Net Currents Assets ( i.e. Current Assets minus Current Liabilities ) stand at Rs. 5112 lakh.

Even if we deduct Rs. 1207 lakh of debt on its Balance Sheet , Frick India Limited has liquid funds worth Rs. 5638 lakh or Rs. 940 per share.(  Additionally ,the factory is on a 25 acre prime land  on GT Road ( Mathura Road ), Faridabad .)

FUTURE PLAN OF ACTION ( Page 4 - Annual Report -2010-11 )

The Company has entered into an Agreement with Vilter , USA to manufacture complete range of high efficiency reciprocating compressors for export to Vilter under the Buy-back clause of this Agreement and for export to various other international territories . This process would continue

The Company is continuing to upgrade its Design and Engineering Department in order to be in a position to undertake Malls , Naval and Office Air - Conditioning and Ventilation Jobs.

http://www.rareindianshares.info/2011/05/frick-india-limited.html

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Frick India Q3 Results EPS Rs. 69 Excellent

Excellent Top line and Net Profit Growth

First Nine Months EPS equals nearly last full ( 12 months ) year's EPS

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For Q3 ( 3 Months Ending 31-12-11 )            

Sales Rs. 41 Cr                                                          

Gross Profit : Rs. 5 : 31 Cr                                           

 
Please Click on Image
Net Profit  4 : 14 Cr                                                  

EPS 69                                                                           

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         For First 3 Quarters ( 9 Months Ending 31-12 -11 )                                                   Sales 101 Cr

                                      Gross Profit 11 : 17 Cr

                                             Net Profit 8 : 71 Cr.
                                                       EPS 145  

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Frick India Excellent 2011-12 Results EPS Rs. 174

Sales : 157 cr

Gross Profit :15 cr 28 Lakh

Net Profit : 10 cr 42 lakh

EPS Rs .174

Share Capital Rs. 60 Lakh
Face Value Rs. 10 ( Total Shares 6 Lakh )

Percentage of Promoter Holding : Around 64 %

( Please Recheck Independently - Information Given In Good Faith )



Caution : Please recheck and recalculate  every figure and fact before taking any investment . No responsibility with this Blog / Writer

General Warning : Investment in shares can be injurious to your WEALTH.

Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for likely over optimism

( PS : All information given in good faith. Please recheck all facts etc. No responsibility with this author / blog. )

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