Sales have grown from around Rs.1k million to around Rs.5k million from 2000 to 2009. Profits have grown from around Rs.280 million to around Rs.589 million from 2000 to 2009.
Navneet Publication (India) Ltd. has been earning a return of at least 18% on its net worth per year from 2000 to 2009. It has earnings per share of around Rs.7 in the last 12 months.
Navneet Publication (India) Ltd. has a cash and bank balance of around Rs.63 million. It has investments of around Rs.140 million. It has a net worth of around Rs.2k million. It has a market capitalization of around Rs.3k million.
At a market price of around Rs.39.15 and earnings of around Rs.7 the initial rate of return is greater than 18 per cent ! The value of the company according to me should be at least Rs.70.
Navneet Publication (India) Ltd. is a Printing & Stationery company and has a Debt Equity Ratio of 0.25.
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