Visu international -report-

723 views
660 views

Published on

Sample of Equity Research Report

Published in: Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
723
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Visu international -report-

  1. 1. VISU INTERNATIONAL LTD Visu International Ltd. (Formerly Visu Consultants Ltd.), a pioneer in the field of 'GLOBAL EDUCATION', is the main arm of Visu Group of Companies. Its core activity lies in assisting students to make the right choice with regard to higher education overseas.
  2. 2. Selling strategies Suggested Below- Stop Loss- 5 to 5.20 [ Book Profit out of volatility in the stock] Accumulate if Price Falls down to 4.20 to 4.45 From last two week Stock is very volatile so be careful while investing.
  3. 3. Overview Visu International Limited is engaged in global educational consultancy, coaching/training and software development. The Company’s services include counseling, coaching, application processing, e-application status, visa guidance, post visa services, bank loans guidance and travel assistance. . 20- aug-2010 Visu International Ltd at a Glance PREV CLOSE 5.33 LAST PRICE 5.2 OPEN 5.44 DAY LOW 5.1 DAY HIGH 5.44 VOLUME 42998 WEEK LOW 5.20 WEEK HIGH 5.64 MONTH LOW 5.20 MONTH HIGH 6.93 YEAR LOW 4.08 YEAR HIGH 7.69 # OPEN TIPS 2 # CLOSED TIPS 4 # TOTAL TIPS 6 30 DAYS RETURN % -10.23 Loss 90 DAYS RETURN % 16.05 Gain 180 DAYS RETURN % 1.90 Gain 365 DAYS RETURN % -7.92 Loss
  4. 4. Visu International has weak Fundamentals. The company has continuous decline in the Revenue, Net Profit and EPS. The company has not announced any lucrative future plans. The stock price is continuously declining and trading far below to its face value. The satisfactory part of the company is the Industry PE ratio TTM (7.66). as this company is into education sector, the future prospects of the sector is very bright and prospering also the book value of the company is 25.1 and market cap is 20.43 that is a good sign for this stock. Company has good solvency ratios and have enough capital to invest. This year company sales has grew to 26.02% as compare to last quarter.
  5. 5. Price movement From 25 Aug2009 to 25 Aug 2010
  6. 6. Annual Trends (Values in Cr.) 2009 - 10 2008 - 09 2007 - 08 2006 - 07 2005 - 06 Income Statement Revenue 14.5 31.11 58.31 94.12 71.53 Other Income -- 0.04 0.03 0.47 0.04 Total Income 14.5 31.14 58.34 94.59 71.57 Expenditure -8.88 -23.54 -46.36 -77.02 -61.86 Interest -2.21 -2.19 -1.13 -0.82 -0.51 PBDT 3.41 5.42 10.85 16.76 9.2 Depreciation -2.34 -2.26 -1.51 -1.24 -0.98 PBT 1.07 3.16 9.34 15.51 8.22 Tax -0.17 -1.25 -0.52 -1.31 -1.07 Net Profit 0.89 1.91 8.82 14.2 7.15 Equity 38.33 38.33 38.33 35.33 13.58 Reserves -- 56.98 -- -- -- EPS 0.25 0.73 2.3 4.02 5.27 CEPS -- -- -- -- -- OPM % 38.76 24.45 20.55 18.67 13.57 NPM % 6.16 6.15 15.13 15.09 10 The net profit of the company has declined by -27.37%(CAGR), net profit has reduced to -34.08%(CAGR) also the Earning per share has declined by -45.64%(CAGR).
  7. 7. Quarterly Trends (Values in Cr.) 10-Mar 9-Dec 9-Sep 9-Jun 9-Mar Income Statement Revenue 5.28 2.11 3.72 3.4 4.19 Other Income -- -- -- -- -- Total Income 5.28 2.11 3.72 3.4 4.19 Expenditure -3.53 -0.9 -2.32 -2.13 -2.73 Interest -0.59 -0.55 -0.54 -0.53 -0.53 PBDT 1.16 0.66 0.86 0.74 0.93 Depreciation -0.84 -0.51 -0.53 -0.46 -0.72 PBT 0.32 0.14 0.33 0.28 0.21 Tax -0.08 -0.04 -0.04 -0.05 -0.07 Net Profit 0.23 0.1 0.29 0.23 0.15 Equity 38.33 38.33 38.33 38.33 38.33 EPS 0.07 0.03 0.08 0.06 0.04 CEPS -- -- -- -- -- OPM % 33.06 57.08 37.73 37.41 34.78 NPM % 4.41 4.8 7.77 6.75 3.48 Sales rise 26.01% to Rs. 5.28 crore Net profit of Visu International rose 53.33% to Rs. 0.32 crore in the quarter ended March 2010 as against Rs. 0.14 crore during the previous quarter ended Dec 2009
  8. 8. SNAPSHOT - CHART values in Cr. Revenue Net Profit 94.12 71.53 58.31 31.11 14.2 14.5 7.15 8.82 1.91 0.89 2005 - 06 2006 - 07 2007 - 08 2008 - 09 2009 - 10 The company has negative growth of -79% in revenue and 87% decline in the net profit.
  9. 9. Values in Rs. EPS 5.27 4.02 2.3 0.73 0.25 2005 - 06 2006 - 07 2007 - 08 2008 - 09 2009 - 10 The Earning per share is continuously declining from 5.27 Rs to 0.25.
  10. 10. -------------- ----- in Rs. Cash Flow of Visu International Cr. ---------- --------- Mar '05 Mar '06 Mar '07 Mar '08 Mar '09 Net Profit Before Tax 1.9 7.11 14.67 8.5 3.16 Net Cash From Operating Activities -0.1 -5.27 -43.52 17.33 8.08 Net Cash (used in)/from -1.89 -1.79 -2.69 -27.25 -10.6 Investing Activities Net Cash (used in)/from Financing Activities 2.51 7.06 46.06 10.11 2.45 Net (decrease)/increase In Cash and Cash Equivalents 0.52 -0.01 0.16 0.19 -0.07 Opening Cash & Cash Equivalents 0.16 0.68 67.89 0.52 0.71 Closing Cash & Cash Equivalents 0.68 0.68 0.52 0.71 0.64
  11. 11. Key Financial Ratios of Visu International Rs in Cr. Mar '09 Mar '08 Mar '07 Mar '06 Mar '05 Investment Valuation Ratios Dividend Per Share -- -- -- 0.5 0.6 Operating Profit Per Share (Rs) 2.01 3.05 4.62 6.29 3.27 Net Operating Profit Per Share (Rs) 8.12 15.37 25.46 51.19 21.27 Free Reserves Per Share (Rs) 14.82 14.33 12.81 7.47 2.32 Profitability Ratios Operating Profit Margin(%) 24.78 19.83 18.16 12.29 15.34 Profit Before Interest And Tax Margin(%) 17.49 17.14 16.58 10.68 11.41 Gross Profit Margin(%) 17.51 17.15 17.91 11.78 13.14 Cash Profit Margin(%) 13.86 15.82 16.22 10.71 9.03 Net Profit Margin(%) 6.13 12.58 14.79 9.13 5.18 Return On Capital Employed(%) 5.02 9.65 18.05 26.65 14.54 Return On Net Worth(%) 2 7.93 16.51 26.84 9
  12. 12. Key Financial Ratios of Visu International (cont..) Rs in Cr. Mar '09 Mar '08 Mar '07 Mar '06 Mar '05 Liquidity And Solvency Ratios Current Ratio 2.58 3.35 5.36 2.22 1.12 Quick Ratio 11.67 16.79 13.57 6.13 2.1 Debt Equity Ratio 0.15 0.12 0.08 0.21 0.4 Long Term Debt Equity Ratio 0.03 0.03 0.02 0.06 0.1 Debt Coverage Ratios Financial Charges Coverage Ratio 3.55 8.96 20.3 16.48 5.93 Management Efficiency Ratios Inventory Turnover Ratio -- -- -- 43.12 17.38 Debtors Turnover Ratio 1.39 2.23 3.87 5.33 2.37 Investments Turnover Ratio -- -- -- 43 17.29 Fixed Assets Turnover Ratio -- -- 18.74 18.05 6.72 Total Assets Turnover Ratio -- 0.56 1.09 2.89 1.68 Asset Turnover Ratio 1.6 4.02 8.4 8.35 3.28
  13. 13. Price Performance Year Wise Year High Price Low Price 2007 32.69 12.1 The company’s stock price is continuously declining, That make 2008 29.95 3.25 this stock very volatile and risky. If you have hold this stock then put stop loss for Rs-5 today. Company 2009 8.02 3.2 is trading below the face value and uncertainly, remains with this stock. 2010 7.69 4.08 35 30 25 20 HIG PRICE 15 LOW PRICE 10 5 0 2007 2008 2009 2010
  14. 14. Price/ Volume Analysis The chart shows volume volatility for one month.
  15. 15. SNAPSHOT- VISU INTERNATIONAL Visu International Ltd., was started in 1983, by Mr. C.C.Reddy, an NRI from USA, Founder and Chairman, built the huge organization, that it is today. From a humble beginning, today he succeeded in the uphill task of dispelling all the myths usually associated with ` study abroad` and have brought the concept of overseas education to the doorstep of every student, by making it affordable and devoid of cumbersome procedures. Visu International Ltd. (Formerly Visu Consultants Ltd.), a pioneer in the field of 'GLOBAL EDUCATION', is the main arm of Visu Group of Companies. Its core activity lies in assisting students to make the right choice with regard to higher education overseas. Every country on the globe has Universities which are vying for students across the frontiers.
  16. 16. Visu International Ltd., has more than 73 offices all over the world, placing more than 75000 students in Universities abroad. Our reach extends to five continents and Universities in most countries like US, UK, Canada, Ireland, Singapore, Etc. The company is engaged in activities ranging from global educational consultancy, coaching and training in pre- requisite tests such as TOEFL, GRE, GMAT, SAT, IELTS, etc. It also provides services of software development Merchant exports, imports & trading and E-Learning.
  17. 17. Visu International Limited Global Merchandise Training Software Education Exports, Imports Division Division Division & Trading
  18. 18. Global education division: Training division Visu international assist students to pursue their Study in the USA and in Europe, Australia , They train students for TOEFL , GRE, GMAT, New Zealand etc. It deals with over 500 SAT, IBT belts, campus +, speak smart, Universities across the globe on A continuous MBA & MCA entrance tests. They also provides Basis and maintains close rapport with them. Web enable services and online counseling & This division mainly deals with the students Education consultancy Who are aspiring to go abroad for higher studies. Software division Merchandise exports, imports & trading In software exports the company undertake This division deals with export of industrial Software consultancy, project planning, system Machinery, consumables, poly film & other Analysis and defining product development life Material to African countries. Cycle, technology suggestions, etc VIL has also started recently the trading activity This division also provides ERP solutions to Of imported and indigenous products, such as Mall and medium enterprises. Furniture, crockery, and consumer durables.
  19. 19. Business Plan for the next three years for all the four verticals i.e. K-12, Higher Education, Vocational Education and ICT. Proposal to acquire up higher Educational Institutions abroad preferably in UK and Europe. The board meeting of Visu International will be held on 23 April 2010 to consider the issue of securities / instruments in the form of FCCB / GDR / QIPs/ QIB etc Company doing QIP issue Next Month for Expansion of Education Business, Already for QIP issue Approved by Share Holders recently. Company Recently Acquired Land also
  20. 20. Week Fundamentals Less growth prospects Declining profit
  21. 21. The recommendation made herein does not constitute an offer to sale, or solicitation to buy any securities mentioned. No representation can be made that recommendation contained herein will be profitable or they are not result in loss. Information obtained are deemed to be reliable but do not guarantee its accuracy and completeness. Readers using the information contained herein are sole responsible for their action.

×