2009/10 -2,728 Mn
2010/11 - 1,716 Mn
2011/12 - 935 Mn
2012/13 - 1,768 Mn
2013/14 - 1,829 Mn
2014/15 Q1 - 577 Mn
Profit before Tax :
2009/10 - 1,164 Mn (EPS 6.38)
2010/11 - 605 Mn (EPS 9.23)
2011/12 - (310) Mn (EPS -1.69)
2012/13 - 517 Mn (EPS 4.57)
2013/14 - 398 Mn (EPS 3.13)
2014/15 Q1 - 227 Mn (EPS 2.07)
2014/15 04 months ended - 620 Mn
2014/15 Annualize - Can 620 x 3 = 1.8 Billion or atleast above 1.5 Bn.
TB's (Financial Investments) held for Trading :
2009/10 - 0
2010/11 - 8 Billion
2011/12 - 3 Billion
2012/13 - 9 Billion
2013/14 - 11.6 Billion
2014/15 Q1 - 16.3 Billion
* Note : 1st quarter increse is 4.7 Billion. It seems all above 7.6% or 8% TB rates. Currently it's about 5.6% - 6% range. Can expect massive Capital Gain.
Government Securities as at 31.03.2014 :
Treasury Bills - Market Value 9.08 Bn Vs Face Value 9.36
Treasury Bonds - Market Value 2.44 Bn Vs Face Value 2.45
Asset Growth :
2009/10 - 10 Billion
2010/11 - 11 Billion
2011/12 - 7 Billion
2012/13 - 14 Billion
2013/14 - 16 Billion
2014/15 Q1 - 20 Billion
* Note : 1st quarter increse is 4 Billion.
No of Shares :
Issued Capital - 101,250,000 Shares
Parent Company holding -84,434,227 Shares (83%)
Balance for trading - 16,815,773 Shares (17%)
Foreign Holding - 4,204,287 Shares
Net Asset Value
2009/10 - Rs.17.21 (during the year traded at max NAV x 5.81 times)
2010/11 - Rs.14.97 (during the year traded at max NAV x 4.24 times)
2011/12 - Rs.11.28 (during the year traded at max NAV x 2.59 times)
2012/13 - Rs.18.55 (NAV x 0.84 times)
2013/14 - Rs.19.24 (NAV X 1.12 times)
30.06.2014 - 21.65 (NAV x 0.98 times)
Today - NAV x 2.30 times
* Question - By 31.03.2014 Is Possible to trade NAV 24 x 5 times = Rs.120/-
Highest Share Price (This is variable with market conditions & Interest Rates) :
2009/10 -Highest Share Price Rs.100/-
2010/11 -Highest Share Price Rs.63.50
2011/12 -Highest Share Price Rs.29.30
2012/13 -Highest Share Price Rs.15.70
2013/14 -Highest Share Price Rs.21.60
2014/15 Q1 - Highest Share Price Rs.21.30
2014/15 Today 25.09.2014 - Rs.50/-
Dividend Patteren (Interim + Final) :
2009/10 - Rs.15/- (EPS 6.38)
2010/11 - Nil (EPS 9.23)
2011/12 - Rs.2/- (EPS -1.69)
2012/13 - Rs.2/- (EPS 4.57)
2013/14 - Rs.4/- (EPS 3.13)
2014/15 - Dividends on Card. I think Possible Rs.7.50 to 10/-
PE with Highest Share Price :
2009/10 - 15.67 (with the growth expected next year)
2010/11 - 6.88 (growth year)
2011/12 - (17.34)
2012/13 - 3.44
2013/14 - 6.90 (Next year growth expected with interest Rates drop)
2014/15 Q1 - Current Share Price Rs.50 / Annualize Q1 EPS 8.28 = 6.04
*Note - Analyzing the history can say, when CFVF performing well their PE is about 7 - 8 range.
Share Price forecast for 2014/15 Year end :
2014/15 04 months ended 31.07.2014 Profits - 620 Mn
Estimated Annualize Profit 2014/15 - 620 Mn x 3 = Minimum 1.5 Billion
Estimated Annualize EPS 2014/15 - 1,500,000,000 / 101,250,000 Shares = 15
Funadamentaly, Expected Share Price = EPS 15 x PER 8 = Rs.120/-