Company Paper

Gitanjali Gems Ltd. BUY CMP: Rs.118.00 Date: promenade 02, 2010 Key Ratios: Particulars OPM(%) NPM(%) ROE(%) ROCE(%) P/BV(x) P/E(x) EV/EBDITA(x) Debt- equity(x) Key selective information: Sector Face personal credit line value 52 wk. broad(prenominal)/Low Volume (2 wk. Avg.) bovine spongiform encephalitis inscribe Target wrong: Rs.136.00 Market Cap.: Rs.9943.86mn. FY09 5.70 3.05 7.58 7.71 0.49 6.67 3.46 0.62 FY10E 6.07 2.73 8.43 10.65 0.44 5.31 2.37 0.63 FY11E 6.08 2.78 8.99 11.15 0.40 4.53 2.07 0.63 SYNOPSIS Gitanjali Gems is one of the largest compound adamant and jewellery manufacturers and retailers in India. The company became first to say the areas smallest amount shaped diamond (0.03 carat) and underdeveloped virtually 25 procure facet patterns. Gitanjali Group, the jewellery ecclesiastic and exporter, is homework to invest Rs four hundred crore in next 18 months for expanding its retail business in India and overseas markets. Gitanjali Gems wholly possess subsidiary, Gitanjali lifestyle has decided to cook up a junction gage company in India in collaboration with Damas LLC, Dubai. The company, which soon has one hundred 50 stores across India, is planning to maturation it by three flexure and double the 140 outlets it owns in US, China and Middle-East. The companys Net Sales & splatter are expected to go at a CAGR of 18% & 8% over FY08 to FY11E. Gems & jewellery Rs.10.00 Rs.149.00/Rs.32.50 117000 532715 V.S.R.

Sastry Vice President Equity look for Desk 91-22-25276077 vsrsastry@firstcallindiaequity.com Share store Pattern: Dr. V.V.L.N. Sastry Ph.D. Chief Research Officer drsastry@firstcallindia.com 1 Table of contentedness surfeit 1. Investment Highlights 2. Company indite 3. Peer Group semblance 4. Key Concerns 5. Financials 6. Charts & Graph 7. brain and Conclusion 8. Industry Overview rapscallion No. 03 08 10 10 11 13 15 16 2 Investment Highlights Q3 FY10 Results Update Gitanjali Gems report a rise of 39.41% in consolidated net network for the quarter ended decline 2009. During the quarter, the profit of the company went up to Rs 406.42...If you want to get a full essay, order it on our website: Ordercustompaper.com

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