INOX Leisure Ltd

INOX Leisure Limited is a diversified group operating in the entertainment space and is a subsidiary of gujarat flurochemicals limited. It is one of the largest player in the indian film exhibition space. INOX currently operates 35 multiplexes and 132 screens in 24 cities.

Inox Currently acquired controlling stake in Fame India Limited which placed them as the second largest multiplex chain india after Reliance Big Cinemas.

Shareholding Pattern..

(in %)	Jun-10	Dec-09	Mar-10
Promoter	66.77	66.00	66.77
FII	1.43	0.06	1.40
DII	0.07	0.05	0.03
Others	31.73	33.89	31.80
Total	100.00	100.00	100.00

Quarterly Results..

(in Cr.)	Mar-10	Dec-09	FY09-10
Revenue	64.18	84.28	253.65
Net Profit	16.03	8.74	26.06
EPS	2.61	1.42	4.24
Cash EPS	3.28	2.05	6.75
OPM %	24.68	24.29	15.31
NPM %	24.98	10.37	10.27

Price Movements..


Report Card..

Attribute	Value	Date
PE ratio	16.98	29/07/10
EPS (Rs)	4.24	Mar, 10
Sales (Rs crore)	64.18	Mar, 10
Face Value (Rs)	10
Net profit margin (%)	10.19	Mar, 10
Last dividend (%)	10	10/06/08
Return on average equity	8.38	Mar, 10

According to Economic times, INOX is currently in talks with Reliance MediaWorks Limited for a stake sale. Both have currently denied any such developments. We put a buy on this stock with a price target of 95+

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Research Team, hotstocks.co.in