-------------------------------------30/09/2011------------------31/03/2011
EPS----------------------------------9.50------------------------27.08
NAVPS-------------------------------112.45----------------------105.45
PAT--------------------------------- 3,430,578,000---------------8,337,510,000
Other income-------------------------798,635,000-----------------4,545,497,000
Profit Attributable to the EHs----------2,850,265,000---------------8,124,035,000
Cash & Cash Equivalent---------------(1,592,816,000)--------------5,773,215,000
No of Shares-------------------------300,000,000-----------------300,000,000
Return on share holders fund-----------25.68-------------------------8.45
Current Ratio---------------------------1.47-------------------------1.11
- Their GT has been increased by 40 % when comparing with the last same qtr & PAT by 70 %
- Main reason is for the decrease of current ratio at the end of six month is increase of interest bearing loans & borrowings. It has been increased by72%
- When we go through their last year PAT, we can identify that 46% came from disposal of shares.
- The gain on disposal on LHCL & National Assets Management shares was 3,871,371,000
- If we remove that amount from PAT, EPS is coming down to 14.17
- The PE ratio as at 31/03/2011 by considering the above EPS (14.17) is 12.70
- But there is no major contribution on other income as at 30/09/2011.
- They have spent sum of LKR 6,085,507,000 for acquisition of shares & other investment at the end of six months. it seems it is the main reason for their decrease of cash & cash equivalent. may be it caused to increased the borrowing by 72 % as I mentioned above.
- PER as at 30/09/2011 by considering the AEPS as 19 (9.50*2) is around 7.74. And % of public holding is 30.46 % at the end of six months
- Here is the budget proposal for liquor
Think & decide