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Starting today, using Paytm will get a little dearer. It will start passing on the Merchant Discount Rate (MDR) that banks and card companies charge for digital transactions to consumers to help reduce the burn rate at the Noida company and turn profitable, said two people familiar with the development. The charge amounts to 1% on payments through credit cards, 0.9% for debit cards and up to Rs 12-15 for transactions by net banking and the Unified Payments Interface (UPI), one of the sources said. Paytm, backed by SoftBank and the Alibaba Group and a leader in the segment, has been absorbing the charge and hasn’t been charging anything extra for payments made through its platform. <div> <span style="font-size: 14pt; color: #ff6600;"> <span style="text-decoration: underline;"><a style="color: #ff6600; text-decoration: underline;" href="https://economictimes.indiatimes.com/articleshow/70017284.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst">Read more Click here:</a></span></span> </div>
a) Consolidated Revenue (CIAL and its Subsidiaries) = 807 Cr The revenue is up by 15% as compared to last year despite Airport remains closed in August for 15 days during Kerala Floods.<!--more--> b) Consolidated Profit( CIAL and its subsidiaries) = 184 Cr The Profit is up by 7% as compared to last year. c) The Profit Margins stands at 22.8% which was 24.5% last year. So there is a decline of 1.7% YoY basis. d) The company has given a 27% dividend this year which translates into Rs. 2.7 per share. The Dividend yield at CMP of 225 stands at 1.2%. e) The CIAL is the fourth largest airport in terms of International Traffic and it is India's first fully powered solar airport.
Cochin International Airport Ltd( CIAL) has registered a net profit of Rs. 166.92 crore out of a turnover of Rs. 650.34 crore. for the financial year 2018-19. The board of directors who met at Kochi with the chief minister Pinaray at the chair has proposed a dividend of 27%. Despite the closure of the airport for 15 days due to the August flood, the company registered an increase of turnover by 17.52 % from a year ago. The net profit increased by 7% from last year. <div> <span style="font-size: 14pt; color: #ff6600;"><a style="color: #ff6600;" href="https://economictimes.indiatimes.com/articleshow/70003530.cms?from=mdr&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst"><span style="text-decoration: underline;">Read more here</span></a></span> </div>
One97 Communications Ltd, the parent of mobile payments company Paytm, may see its losses more than double in the year starting 1 April, according to its estimates. Paytm expects its loss to surging to around ₹2,100 crore for the year ending 31 March 2020 from an estimated ₹870 crore in the current fiscal, according to a confidential report prepared by investment bank Corporate Professionals Capital Pvt. Ltd for Paytm. Mint has reviewed a copy of the report. The company may, however, report its first profit of ₹207.61 crore in the fiscal year 2021, the report predicted. Eventually, One97 Communications may report a profit of around ₹8,512.69 crore by fiscal 2026. A One97 spokesman declined to comment on the story. Paytm’s growing losses were attributed to the parent’s emphasis on aggressive expansion to take on bigger rivals in the e-commerce space such as Amazon and Walmart-Flipkart. Read More><span style="font-size: 14pt; color: #ff6600;"> <a style="color: #ff6600;" href="https://www.livemint.com/companies/news/paytm-sees-its-losses-surging-in-2019-20-1550425042400.html">Click here</a></span> Source: Livemint
<span style="font-size: 14pt;"><strong>A) Financial Snapshot</strong></span> <img class="alignnone wp-image-1190" src="https://unlistedzone.com/storage/knowledge-logo/3-300x277.png" alt="" width="591" height="545" /> <span style="font-size: 14pt;"><strong>B) Key Highlights</strong></span> <strong><img class="alignnone wp-image-1188" src="https://unlistedzone.com/storage/knowledge-logo/1-300x238.png" alt="" width="578" height="459" /></strong> <strong><span style="font-size: 14pt;">C) Outlook</span></strong> <img class="alignnone wp-image-1186" src="https://unlistedzone.com/storage/knowledge-logo/2-300x143.png" alt="" width="568" height="271" />
![Bharat Nidhi Buyback of Shares[ Exit Opportunity] - 17.06.2019](/_next/image?url=%2Fknowledge-logo%2Fstock%2Fbharat-nidhi-buyback-of-shares-exit-opportunity-17-06-2019.webp&w=640&q=72)
Bharat Nidhi is doing a buyback in line with SEBI regulation while delisting its shares from Kolkata Stock Exchange and shifting to dissemination board. To read more about dissemination board please click the <span style="font-size: 14pt;"><a href="https://www.thehindubusinessline.com/economy/policy/dissemination-boards-fail-investors-of-regional-exchanges/article9582332.ece">link</a>.</span> The company is offering an exit price of Rs.11,129 for the maximum number of 21,791 Shares. We feel the valuation of Rs.11,129 per share is not fair considering they have a huge investment asset in books. The investors who want to participate in buyback can apply and exit from the company. A) Necessity of Buyback <img src="https://unlistedzone.com/storage/knowledge-logo/necessity-of-buyback.png" /> B) Detail of Buyback <img src="https://unlistedzone.com/storage/knowledge-logo/bharat-nidhi-buyback-announcement.png" /> For any query regarding buyback please drop a message in the comment box.
The Catholic Syrian Bank is planning to come up with an IPO soon. The IPO size would be approx 550 Cr. It would be a mix of Fresh Shares and OFS. Before the IPO, the CSB is giving shareholders an opportunity to offer their shares in the upcoming IPO. If you do not participate in the OFS then your shares will get locked-in for one year. If you participate in the OFS then you will get a chance to exit at IPO Price. <span style="font-size: 14pt;"><strong>OFS Offer</strong></span> <img src="https://unlistedzone.com/storage/knowledge-logo/OFS-offer-2.png" /> <strong><span style="font-size: 14pt;">How to Apply in OFS?</span></strong> <img src="https://unlistedzone.com/storage/knowledge-logo/how-to-apply-2.png" /> For any query regarding CSB OFS please drop a comment in the box and our team will help you out in this. <span style="text-decoration: underline; font-size: 14pt;"><strong><a style="text-decoration: underline;" href="https://unlistedzone.com/storage/knowledge-logo/CSB_OFS.pdf">Complete detail of OFS can be downloaded from here:</a></strong></span>
Unlisted small finance banks (SFBs) Fincare Small Finance Bank and Suryoday Small Finance Bank have started work on going public, even as their listed peers struggle with listing norms. So far, three SFBs have listed on the stock markets—Equitas Financial Holdings Ltd, Ujjivan Financial Services Ltd and AU Small Finance Bank Ltd. Of these, Equitas and Ujjivan are holding companies for their respective small finance banks. In October, the Reserve Bank of India (RBI) asked Equitas and Ujjivan to list their SFB units to comply with its norms, which mandated that a small finance bank must be listed within three years of the launch of operations. Further, it said, the promoter shareholding should be brought down to 40% within five years of launch. For Equitas and Ujjivan, it meant listing their SFBs by September 2019 and January 2020, respectively. In September 2015, RBI issued 10 SFB licences. <a href="https://www.livemint.com/industry/banking/small-finance-banks-eye-listing-even-as-peers-face-challenges-1559496426278.html"><span style="text-decoration: underline;"><span style="font-size: 14pt;"><span style="color: #ff6600; text-decoration: underline;">For more detail Click here:</span></span></span></a>
1. The Company has shown 7.7% Revenue growth, YoY. <!--more--> 2. The EBITDA Margins stands at 18.36% up by 300 basis points. 3. The Company has shown a 43% PAT growth, YoY. <img src="https://unlistedzone.com/storage/knowledge-logo/TATA-Tech111-2.png" /> So overall the company has shown good results.
As part of International Solar Alliance (ISA)’s initiative to find out suitable models to be incorporated to achieve its ambitions plan of massive deployment of solar energy, a delegation consisting of 40 ambassadors/high commissioners are visited Cochin International airport on 22nd May 2019. CIAL expressed its readiness to <strong><u>provide consultancy service</u></strong> to airports of the member countries. Meanwhile, ISA Director General Upendra Tripadi revealed to the press that it would convene an international summit for the managing directors of the airports of member’s countries to decipher possibilities of repeating the CIAL model in the global level. Cochin International airport, <strong><u>the worlds’ first airport fully operated on solar energy has been identified by ISA as one of the models and the proposed visit will give a fillip to CIAL’s effort in taking its project to next level so that it can contribute globally as a consultant.</u></strong> The high profile delegation reached CIAL at 10 am on Wednesday and hold a discussion with CIAL authorities. CIAL managing director said that the company is all set to provide consultancy service to the member countries. “ <strong><em>We are glad to know that other countries are keenly interested in our solar model. We have no qualms in sharing with them the technical know-how of establishing solar power plants at their airports</em></strong> “: said Kurian. ISA director general Upendra Tripati said that the organization is overwhelmed by the success of CIAL model. The delegation comprises of the ambassadors/high commissioners of 25 African countries including Egypt, Senegal, Nigeria and Tanzania and also from countries like France, Brazil, Chile, Malaysia, Bolivia, and Sri Lanka. ISA is an alliance of 74 countries initiated by India and France formed in 2015 sharing the ambition to undertake joint efforts required to reduce the cost of finance and the cost of technology, mobilize more than US$1000 billion of investments needed by 2030 for massive deployment of solar energy.
<strong>1</strong>. The company has shown a robust growth of 44.45% in terms of <strong>Revenue</strong> in FY18-19 as compared to last year. <strong>2</strong>. The company has shown a robust growth of 120 % in terms of<strong> PAT</strong> in FY18-19 as compared to last year.<!--more--> <strong>3</strong>. The <strong>Operation</strong> <strong>Margins</strong> have gone up to 6% in FY18-19 as compared to 3.05% last year. Excellent figures. <strong>4</strong>. The <strong>Debt</strong> has gone down from 30 Cr last year to 11 Cr this year. So the Balance sheet is getting strong. <strong>5</strong>. The <strong>Net-Worth</strong> has gone up to 92 Cr in FY18-19 from 58 Cr last year. <strong>6</strong>. <strong>Current ratio</strong> this year has improved to 1.26 as compared to 1.05 last year. So the Balance sheet is getting strong. <strong>7</strong>. The Company has shown a consolidated <strong>EPS</strong> of 39 in FY18-19 as compared to 18 last year. <img class="alignnone wp-image-950" src="https://unlistedzone.com/storage/knowledge-logo/WhatsApp-Image-2019-05-27-at-16.47.46-1-300x69.jpeg" alt="" width="470" height="108" /> So overall we can conclude that the company has given a strong set of numbers. The Alcoholic segment has given stellar 46% growth which is a good sign. Post results, the Valuation in terms of <strong>P/E</strong> multiple of <strong>14x</strong> looks quite reasonable, as compared to listed player <strong>United Spirits</strong> and <strong>United Breweries</strong> which are trading at P/E multiple of 55x and 63x respectively. Though strict comparison can't be made as both these companies are having Mcap of around 39000 Cr whereas Mohan Meakin has Mcap less than 500 cr. Plus the Mohan Meakin Sales is more around <strong>Old Monk</strong> while United Spirits is having wide portfolios of Whiskies, Rums, and Vodkas. The United Breweries has captured the Indian beer market with Kingfisher Brand having 50% market share.
Debt-ridden Essar Steel has registered an EBITDA (earnings before interest, tax, depreciation, and amortization) of ₹4,229 crore during its Corporate Insolvency Resolution period (over 600 days).In an affidavit filed before the National Company Law Appellate Tribunal (NCLAT) last week, the resolution professional said the company earned ₹4,000 crore from its operations between August 2017 and February 2019. In addition, the RP also mentioned an earning of ₹229 crore for March this year. Moreover, this amount "excludes ₹734 crore EBITDA utilized for Finance Costs (Financial Lease, LC/BG Charges to banks and finance charges on payables to suppliers etc) for maintaining the Corporate Debtor (Essar Steel) as a going concern," the affidavit said. The affidavit was filed following the directions of the appellate tribunal, which, on 7 May 2019, directed the RP of Essar Steel to submit the details of earnings from operations of the company during the corporate insolvency period. The affidavit, however, said the "figures from 1 April 2019 till date are not available".Insolvency resolution proceedings of Essar Steel had commenced on 2 August 2017 after the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, was admitted by the NCLT's Ahmedabad Bench. <span style="text-decoration: underline; color: #ff6600;"><span style="font-size: 14pt;"><a style="color: #ff6600; text-decoration: underline;" href="https://www.livemint.com/companies/news/essar-steel-reports-rs-4-229-cr-ebitda-during-insolvency-period-1558248737038.html">Click here to read more:</a> </span></span> <span style="font-size: 14pt;"><span style="color: #ff6600;">Source: </span><span style="color: #ff6600;"><span style="color: #000000;">Livemint</span></span></span>
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