September 24, 2015

NBI Finance- Real NAV 1 Share = Rs.9500 ?? ( Please Study )

Caution : Please Re Calculate / Recheck.

Please do not take any Investment Decision based on this analysis 

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As per Annual Report 2014 -2015  of NBI Industrial Finance ( Page 24 of the Annual Report ) 

Share Capital = Rs. 1 cr 29 Lakh ( 12 : 29 Lakh shares of Rs. 10 each )

Reserves        = Rs. 218 cr 32 Lakh

 1 ) Official  Book Value per Share = Rs. 1921 / 75 p



  Underlying ( Hidden Values )

 2 ) Page 33 - Long Term Investments

Aggregate Market Value of Quoted Investments ( including 849450 shares of Shree Cement Limited  )

= Rs.921 cr 83 Lakh

Less Book Value ( already accounted in our analysis ) 

= Rs.6 cr 79 Lakh

Net Hidden worth =  Rs. 915 cr 04 Lakh

Per Share =  Rs. 7445 / 40 p per share

3 ) Page   34 - Current ( Short Term ) Investments 

Aggregate Market Value of Quoted Investments  Rs. 8 cr 38 Lakh

Less Book Value ( already accounted in our analysis ) Rs. 2 cr 17 Lakh

Net Hidden Worth  Rs. 6 cr 16 Lakh

Per Share = Rs. 50 / 12 p

Grand Total 

1 ) Rs.1921 / 75 p
2 )  Rs. 7445 /40 p
3 ) Rs. 50 /12 p
============

Rs.9417 / 27 p PER SHARE

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NBI Industrial Finance - Dissemination Board of BSE / NSE

1 ) As  Delhi Stock Exchange stands  de recognised ,

shares of NBI IndustrialLimited should  soon be 

moved to the DISSEMINATION BOARD of NSE / BSE 


2 ) SEBI has further directed that DISSEMINATION BOARD is 


only a temporary step.

 Such Companies either officially DELIST or RELIST in

 BSE / NSE.

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Financial Highlights of NBI Industrial Finance - 2014 

-2015

Gross Profit : Rs. 4 cr 30 Lakh

Net Profit : Rs. 3 cr 85 Lakh

EPS  = Rs. 31 / 33 p

Dividend - NIL

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For More on NBI Industrial Finance , please click :-

http://www.rareindianshares.info/search?q=nbi+industrial+limited

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https://delisting.wordpress.com/2014/07/19/nbi-industrial-finance/

For More on Shree Cement / BG Bangur ,please click :-

http://forbesindia.com/article/india-rich-list-2013/how-hm-bangur-turned-around-shree-cement/36507/1

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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

( NB : All information given in good faith. Please recheck all facts before taking any investment decision.

. No responsibility taken by this author / blog . 



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