15% @ 90 Days stock - Dec 2017 - Capital First Ltd

1. BUY TO SELL STOCKS FOR SHORT TERM GAINS
25TH DECEMBER 2017
CAPITAL FIRST LTD BUY POTENTIAL UPSIDE: 16.0%
CURRENT MARKET PRICE: 702.65 TARGET PRICE: 815.00
BSE Code 532938 Market Cap (Crores) 6943
NSE Code CAPF Dividend Yield 0.37
Book Value 233.12 P/E 25.03
Face Value 10 EPS 28.05
STOCK RECOMMENDATION

2. 15% @ 90 DAYS – DECEMBER 2017
- 2 - SARAL GYAN CAPITAL SERVICES
Comparative Chart (Last 1 Year)
Returns: Capital First & Nifty:
Nifty: 32.7% Capital First: 37.1%
Stock Resistance and Support:
1st Resistance – 750 1st Support – 665
2nd Resistance – 790 2nd Support – 630

3. 15% @ 90 DAYS – DECEMBER 2017
- 3 - SARAL GYAN CAPITAL SERVICES
Financials at a Glance:
Quarterly Results of Capital First Ltd (Rs. In Crores)
Particulars Sep 2017 Jun 2017 Mar 2017 Dec 2016
Audited / UnAudited UnAudited UnAudited UnAudited UnAudited
Net Sales 844.03 783.74 727.28 707.65
Other Operating Income -- -- 1.8 9.67
Total Income From Operations 844.03 783.74 729.09 717.31
Consumption of Raw Materials -- -- -- --
Purchase of Traded Goods -- -- -- --
Increase/Decrease in Stocks -- -- -- --
Power & Fuel -- -- -- --
Employees Cost 74.91 67.28 55.26 63.29
Depreciation 6.65 5.71 5.18 3.77
R & D Expenses -- -- -- --
Provisions And Contingencies -- -- 117.78 122.41
Other Expenses 354.92 335.64 178.8 142.87
Other Income 10.35 11 5.14 0.25
P/L Before Int., Excpt. Items & Tax 417.89 386.11 377.21 385.23
Interest 311.09 294.31 271.41 300.15
P/L Before Excpt. Items & Tax 106.8 91.79 105.8 85.08
Exceptional Items -- -- -- --
P/L Before Tax 106.8 91.79 105.8 85.08
Tax 35.87 31.52 36.56 29.35
P/L After Tax 70.93 60.28 69.24 55.73
Prior Year Adjustments -- -- -- --
Net Profit/(Loss) 70.93 60.28 69.24 55.73
Equity Share Capital 97.73 97.73 97.42 97.38
EPS 7.26 6.18 7.11 6.07
No Of Shares with Public 6,26,38,992 6,25,39,822 3,79,36,467 3,78,92,717
Public Share Holding (%) 64.03 64.00 38.94 38.91

4. 15% @ 90 DAYS – DECEMBER 2017
- 4 - SARAL GYAN CAPITAL SERVICES
Basis of Recommendation:
i) Technical Analysis
Disclaimer:
Important Notice: Saral Gyan Capital Services is an Independent Equity Research Company.
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