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Monday, July 27, 2009


The June qtr results of CDIL have been declared. Sales are up from 433 million to 442 million, and Net Profit is up from 83.5 million to 91.71 million. EPS is up from Rs8.73 to 9.58 in this quarter.
A Note attached with the results says "Seengal Capital Advisors Pvt. Ltd., an investment arm of the Promoters of CDIL and iMedia Ventures Ltd., content developer have offered to buy upto 40% equity of the company by open offer".

Wednesday, July 22, 2009

Hot Pick: Compact Disc India Ltd. Bse Code : 526141

Compact Disc India Ltd. is in the sunrise sector of Animation and has reported fabulous results for FY ended 2009. FINANCIAL HIGHLIGHTS OF FY 2008-09:

* Sales Revenues higher by 87% at Rs.192.10 crore.- Profit-After-Tax (PAT) increases by 102.51% to Rs.39.50 crore.
* Profit-Before-Tax (PBT) increases by 101.21% to Rs.43.81 crore.
* Earning per Share (EPS) higher at Rs.41.27 as compared to Rs.20.51 last year; higher by 101.21% (annualized).
* CDI continues to be the largest animation film outsourcing company in South Asia.

Source :

The EPS of this stock is reported at Rs.41 and the stock is trading at a dirt cheap PE of only 1.5 at cmp of 61.15. The company is promising to triple its Net Profit in FY2009-2010. If it's able to fulfil its promise, then you can well imagine where the price of this extremely undervalued stock can go, considering the fact that the PE ratios for companies in the Animation & Media sector enjoy PE ratings between 10 and 20. The company has announced several tie ups with reputed movie production houses. CDIL has informed the exchange that the Company has signed a MOU with BBC Films to co-produce the film, "Blame it On The Bhangra". The Promoters have increased their stake in the company by 4% during the last year. This is a high risk-high returns kind of stock which is a potential multi-bagger.