Sunday, 31 May 2015

Capital Trust BSE: 511505 CMP Rs.240.60/-

                     Capital Trust is a micro finance company. Currently it has more than 60 branches which will be increased more in coming years. In April ' 2015 RBI has increased lending limit for the microfinace sector which will be a big boost for the company. Read it in detail here . Recently company has announced bumper result for the March' 2015 quarter.


Capital Trust Ltd
(Rs in Crores)
 Quarter endedYear to DateYear ended
Mar 15 Mar 14 [% Var]     Mar 15 Mar 14 [% Var]  
 Operating Income**10.216.3560.8---37.9817.67114.9
 Other Income---------
 PBIDT8.374.2497.4---28.859.81194.1
 Interest3.982.7942.7---14.156.79108.4
 PBDT4.391.45202.8---14.713.02387.1
 Depreciation-0.030.02PL---0.110.0757.1
 PBT4.421.43209.1---14.592.95394.6
 TAX1.421.0436.5---5.001.36267.6
 Deferred Tax0.17-0.23LP----0.05-0.2378.3
 PAT2.830.62356.5---9.651.82430.2
 

                Company has also announced a maiden dividend of 10% for the financial year 2015. Also company has issued 75 lakh warrants convertible into equity share to its promoter which is a major positive development for the company. One can definitely buy this stock to ride the micro finance boom in India.

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