Debt Capacity Bargains

Inputs used Avg. Op CF for last 10 years Interest coverage of 3 (applicable for stable business - so exclude companies which are cyclical) Interest Rate 12% 0.75x of Debt Capacity = Min IV of Equity Business IV = Debt Capacity + Min IV of Equity Cash Balance as of last year is added to find the total Min IV

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S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE % CF Opr 10Yrs Rs.Cr. Cash End Rs.Cr.
1. Indo Gulf Inds. 2.592.480.00-3.62-260.1848.16-21.2045.1952.240.83
2. Reliance Infra. 73.310.602995.680.00317.42104.494296.52-14.6334.0147133.972860.49
3. Swastika Investm 54.9110.49110.361.093.69-39.6128.08-17.8032.56-58.07235.50
4. Master Trust 74.237.97913.150.0031.52-10.33136.72-7.5530.09756.821470.75
5. Emk.Global Fin. 204.7329.74536.170.734.30-49.8287.0812.6520.38157.97539.22
6. LKP Securities 13.1810.20108.492.280.98-48.6924.41-2.0918.4031.72150.95
7. Indian Sucrose 73.803.12128.240.006.73135.3179.7454.3017.41459.64145.43
8. Harshil Agrotech 0.3734.540.00-5.36-197.817.25-71.8217.39-53.0449.55
9. Joindre Capital 41.777.4157.794.791.662471.439.89-9.3517.288.4897.25
10. Bharat Road 18.565.44155.810.0025.21-89.1442.05-81.8515.121301.49205.25
11. SMC Global Sec. 61.7715.281293.461.9430.84-30.03494.788.6314.60-224.151975.58
12. Sadbhav Infra. 2.182.4976.790.00-92.01379.95205.5418.1914.016696.7545.85
13. Adit.Birla Money 110.5312.13624.600.0014.22-23.75119.5812.7813.06-1116.45993.23
14. DB Intl.Stock 26.0921.6491.320.000.89-13.596.61-27.7612.5315.3897.63
15. Star Housing Fin 4.044.8031.902.480.49-75.9825.827.4512.10-372.21104.09
S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE % CF Opr 10Yrs Rs.Cr. Cash End Rs.Cr.
16. Muthoot Cap.Serv 184.3424.79303.190.007.65-39.09155.0823.3911.01-1762.60399.65
17. GVK Power Infra. 2.45386.910.00-1.1192.290.00-100.0010.5512270.09672.85
18. Purity Flex Pack 0.780.140.250.000.01-94.1234.4414.6110.3254.882.04
19. Sadbhav Engg. 8.04137.940.00-85.66159.46229.92-4.239.985120.8163.80
20. Anmol India 10.535.8059.930.002.94673.68303.1619.679.81-27.57137.60
21. KIFS Financial 108.5512.68117.451.382.3130.517.1532.419.37201.15176.76
22. Arnold Holdings 11.7725.6727.980.001.51-48.6438.04-3.089.2145.0836.41
23. Centrum Capital 27.631269.820.00-134.60-79.12878.360.108.93-744.631455.09
24. Flexituff Vent. 6.3020.680.00-29.32-87.83-0.27-100.438.07473.6312.28
25. Gayatri Projects 14.401.30269.570.002157.082624.37505.84456.917.99631.71249.77

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