Sales have grown from around Rs.1k million to around Rs.5k million from 2000 to 2009. Profits have grown from around Rs.235 million to around Rs.834 million from 2000 to 2009.
FDC Ltd. has been earning a return of at least 17% on its net worth per year from 2000 to 2009. It has earnings per share of around Rs.4 in the last 12 months.
FDC Ltd. has a cash and bank balance of around Rs.97 million. It has investments of around Rs.1k million. It has a net worth of around Rs.4k million. It has a market capitalization of around Rs.13k million.
At a market price of around Rs.69 and earnings+dividends of around Rs.5.5 the initial rate of return is around 8 percent. The value of the company according to me should be at least Rs.75-77.
FDC Ltd. is a Pharmaceutical company and has a Debt Equity Ratio of 0.01. Competitors are Sun Pharma, Cipla, Ranbaxy Labs, Dr. Reddy's Labs and Glaxosmithkline.
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