Wednesday, May 25, 2011

Indo Asian Fusegear

Price  Rs. 70
Face Value 10
No of Shares  1.69 cr
Market Cap  118 cr
Promoter Holding  42.10%
Institutional Holding  16.55%

23-July-2010 Sold switchgear business for Rs.495 crores including the manufacturing assets at Noida, Murthal and Haridwar to Legrand France SA.

Promoters receive non-compete fee of Rs.35 crores.

Pays Rs.35 crore to promoter company Indo Asian Marketing Ltd for acquiring brands.

11-Oct-2010 Declares special dividend of Rs.10 per share utilizing Rs.16.9 crores.

Financial Track Record
5 Year Average Dividend Payout Ratio = 0%
5 Year Average Debt to Equity Ratio = 0.93

Cash Bargain
Total Cash 298
- Total Liabilities 95
Total Cash 203
No of Shares 1.69
Net Cash Per Share 120
*All figures in crores except per share data.

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