Dear Mentors and Gurus, Can you please advise about NIRMAN AGRI, As i am stuck, I can keep for long term but now i am worried as in lower circuit since second day of listing, Please Please advice
@Admin @ Team Chittorgarh.com This tagging thing is one cool new feature I just noticed. Could be helpful. Keep it coming :D
20. IProfitO| Link| Bookmark|
April 5, 2023 6:56:29 PM
Top Contributor (200+ Posts, 100+ Likes)
Lead manager is Shreni and small size . Risk reward is favourable here .
19. YBPK| Link| Bookmark|
April 5, 2023 11:10:58 AM
Top Contributor (200+ Posts, 600+ Likes)
Interesting facts in RHP
FY 22-23 6 months revenue is Rs 180.62 lacs and MD - Mihir Vora has been appointed at Salary of Rs 5.00 lacs per month + perks & benefits which is around Rs 60 lacs per year + perquisites+benefits. So 1 employee salary will be 1/6th of annualized revenue. Company has 9 employees only including above mentioned MD. For an IT company, it has tangible property plant & equipment of Rs 0.24 lacs i.e. Rs 24,000 only. Around Rs 110 lacs receivables are due for more than 1 year of which around Rs 17 lacs is doubtful Payment to contractors was Rs 40 lacs for FY 21-22 which is Rs 5 Lacs for 6 months of 22-23 Profit on sale of investment is approx Rs 31 lacs which is declared as "recurring and related to business activity"