PNB
FINANCE & INDUSTRIES LIMITED (also known as PNB
Finance), was incorporated in Year 1894
initially operational as a bank under the name “The Punjab National Bank Ltd”.
In Year 1998 with acquisition of NBFC
– Non Deposit License from RBI the name was changed
from “The Punjab National Bank Ltd” to currently known as “PNB Finance &
Industries Ltd”. PNB Finance is listed
on Calcutta
Stock Exchange of India (I.e CSE).
PNB
Finance & Industries Ltd is a part of media Conglomerate “Bennett
Coleman & Co.”
Bennett Coleman & Co (i.e BCCL) popularly known as “The
Times Group” is India’s Largest Media Conglomerate
with its presence found since 1838. PNB
Finance along with BCCL is totally managed and controlled since inception by
majority stakeholder i.e “Jain Family”.
PNB
Finance holds a strong investment portfolio with major investment in BCCL &
its associated companies. Some of the major investment
companies of PNB Finance & Industries Ltd are Bennett Coleman & co,
Bennett Properties Holding, Jacaranda Corporation Ltd, Times
Internet,
Camac
Commercial
, Ashoka
Viniyoga Ltd,
HDFC
Bank Ltd.
These Invested companies under PNB Finance Portfolio holds direct and indirect
holding of BCCL & its associated companies thus making PNB Finance as
strong NBFC with huge Integral value.
INVESTMENT PORTFOLIO OF PNB FINANCE
& INDUSTRIES LIMITED
Company Name
|
No of Share
|
Bennett, Coleman &
Co. Ltd
|
2,66,65,848
|
Bennett Properties
Holding Co. Ltd
|
44,44,308
|
HDFC Bank Ltd
|
12,19,140
|
Artee
Viniyoga Ltd.
|
2,49,860
|
Times
Internet ltd.
|
4,72,812
|
Jacaranda Corporate Services Ltd
|
2,00,000
|
Ashoka
Viniyoga Ltd.
|
55,000
|
Punjab
Mercantile & Trader Ltd
|
50,000
|
Punjab
Properties Ltd
|
50,000
|
Camac
Commercial Ltd
|
35,000
|
Excel Publishing House Ltd
|
30,000
|
VALUATION PARAMETERS:
There is a multiple growth in the
investment portfolio of PNB Finance from 2006 to 2017 with progressive and
remarkable performance of companies like BCCL, HDFC Bank Ltd and other
associated companies of BCCL. Since PNB Finance &
Industries Limited is a NBFC – Investment Company its sole valuation is
based on the growth of investment portfolio reflected & calculated in terms
of NAV
(net asset value).
1. Bennett
Coleman & Co Ltd (BCCL) was valued at Rs.
76000 crs in 2005 at the time IPO draft was filled but due to unfavorable
market conditions it was withdrawn. BCCL
shows rise in income to Rs. 9967 crs in 2016 from Rs. 2363 crs in 2005 on
consolidated basis and Rs. 6859 crs in 2017 to Rs. 2363 crs in 2005 on
standalone basis.
BCCL hold 71.15% stake in ENIL
(i.e Entertainment Network India Ltd)
which is Listed
on BSE/NSE trading at CMP Rs.
799/share, it has increased Income of Rs. 120 crs in 2005 to Rs. 549.4
crs in 2017.
2. HDFC
Bank Ltd is a strong private sector bank with its bunch of
wider spread and strong subsidiaries Listed
on BSE/NSE at current market
price of Rs. 1751/share having a Balance sheet size of Rs. 863840 crs in 2017
compared to Rs. 51429 crs in 2005 & Total Advance of Rs. 554,568 crs in 2017 from Rs.
25566 crs in 2005.
3. Camac
Commercial Ltd, Ashoka Viniyoga Ltd, Jacaranda Corporation Services Ltd
– also hold direct and indirect holdings in BCCL and its associated companies
which adds value in all to the NAV of PNB Finance and Industries Ltd.
Ashoka
Viniyoga Ltd (i.e AVL) listed on Calcutta Stock exchange is into agreement with
BCCL for distribution of its publications in Delhi/NCR . AVL is about to come up with exit offer/ delisting offer for its
minority shareholder which is currently on hold, the value of per share of AVL
holding 51707916 shares of BCCL shall be excepted to be somewhere around Rs. 10-12 Lacs per
shares.
FINANCIAL HIGHLIGHTS –STANDALONE
BASIS (Fig in Crs)
Particular
|
2017
|
2016
|
2015
|
2014
|
2013
|
Total Income
|
4.08
|
11.23
|
20.72
|
4.60
|
2.60
|
PAT
|
3.30
|
9.56
|
16.76
|
3.84
|
2.19
|
EPS
|
10.31
|
29.87
|
52.37
|
12.00
|
6.87
|
Book Value
|
241
|
231
|
201
|
150
|
138.00
|
For
buying and selling any unquoted / unlisted / delisted or suspended shares in
physical or demat you can reach us at Contact No.91+ 09215709100 or Email us on
mittalmanish2003@gmail.com
Read More: BENNETT COLEMAN & CO LTD (BCCL) | CAMAC COMMERICAL LTD | BHARAT NIDHI LTD | BHARAT NIDHI - VALUATION | RARE INDIAN SHARES
حسنًا ، لقد شاركت هنا معلومات حول خدمات التمويل بأسعار معقولة. لمزيد من المعلومات، يرجى زيارة موقعنا على الانترنت مستقلين لتصميم شعار في السعودية
ReplyDelete