Wealth Creator Thru Systematic Investment Suresh Rathi R EPORT 0809/006 13 JUNE 2008 Reporting- Jaiprakash Associates Ltd. No Dream Too Big... 9, Parekh Vora Chambers 66 N.M. Road, Fort Mumbai - 400023 Phone: +91-22-22666178 Fax: +91-22-66344007 E-mail:
[email protected] Suresh Rathi Jaiprakash Associates Limited The flagship company of the Jaypee Group, promoted by Shri Jaiprakash Gaur is a well Research Report No known leader in the construction of multi-purpose river valley and hydropower projects 0809/006 and has been involved in construction of major engineering projects for the last four decades, including Hydro power, River Valley projects, Expressways, Real Estate 13 June 2008 Development, etc. The company also has it presence in Cement, Hospitality and Real Estate Business. CMP: Rs. 179/- Jaiprakash Associates (JAL), promoted by erstwhile Jaiprakash Industries was incorporated in 1995 under the name Bela Cement. Its name was changed to Jaypee Rewa Cement in Aug, 2000 and then to Jaypee Cement in 2002. The company was a wholly owned subsidiary of erstwhile Jaiprakash Industries and was engaged in the manufacture and marketing of cement. Pursuant to the Scheme of Amalgamation of erstwhile Jaiprakash Industries with the company, the name was changed to present one w.e.f 11th March 2004. Subsequently the companies cement division was also transferred to the company. During 2005-2006, the company initiated steps for amalgamation of erstwhile Jaypee Greens Ltd (JGL) with itself. At A Glance Equity (Rs Cr.) 234.50 The company has got eight subsidiaries as given below. Book Value 33.28 EPS 5.20 SUBSIDIARIES - Jaiprakash Associates Ltd (Rs in Cr.) PE Ratio 35.80 Market Cap (Rs Cr.) 21009.23 Year End 2007 52 Week High/Low 510 /129 Share Investment Sales Profit Dividend Yield (%) 0.39 Holding Cost Turnover After Tax Last Dividend (%) 36.00 % Gujarat Anj.