Elcid Investment Unlisted Share

₹156000

*Average Price as per 8 May, 2024

Fundamentals

FACE VALUE

BOOK VALUE

389650

NO OF SHARES

200000

EPS

2442

SALES

INDUSTRY PE

21.73

DIVIDEND

DIVIDEND YIELD

0.01

70.43

0.44

46.49

MARKET CAP

3440

EQUITY

0.2

PAT

MESSAGE

2022-23

OVERVIEW

The Company is primarily an investment Company and its business income is the income arriving out of investments held by the Company. The company is functioning under single segment of investment activities. The growing trend in the India’s economy is a motivating factor for the Company to look forward to increase the profitability. The predominant risk pertains to investments including volatile capital market risks. The company regularly appoints and seeks advise from reputed portfolio managers to mitigate the risks and accordingly carry out its investments within the risk management framework. Internal control system is commensurate with the size of the Company.

Their Major Investments Include : (Amount in INR Lacs)

NAME OF THE COMPANY	As at 31st Mar 21
Asian Paints Ltd	1030585.32
One 97 Communications	140.40
Resins and Plastics Ltd	1224.39
Brainbees Solutions Pvt Ltd	722.34

The Company has two subsidiary companies viz. Murahar Investments & Trading Company Limited & Suptaswar Investments & Trading Company Limited. However, the Company does not have any joint venture or associate company.

INSIGHT

Elcid Investment and two subsidiary companies viz. Murahar Investments & Trading Company Limited & Suptaswar Investments & Trading Company Limited holds 4,06,15,840 shares of Asian PaintsLimited (CMP – Rs 3200/sh).

Total Investment Value as on 20 December, 2021 stands at Rs 13000 Cr. (approx)

Intrinsic worth per share is Rs 6,50,000.

Elcid Investment Ltd is listed at BSE.

Recently SEBI has proposed a call auction for price discovery of holding companies. Elcid Investment matches 2 of the given criterias.

At least 50 per cent of the total assets invested in the shares of other listed companies. The Comapny has invested approximately 94% of it's assets inthe shares of other listed companies.
The comapny is currently trading at a P/B of 0.41 which matches SEBI's given guideline of price is less than 50% of the book value.

ANNUAL REPORT

Elcid Investments Annual Report 2023

Elcid Investments Annual Report 2021

Elcid Investments Annual Report 2020

SECONDARY NAME

Elcid Investment Unlisted Share

ISIN

INE927X01018

CDSL

Yes

NSDL

Yes