Multibagger Stock Pick.... Sumedha Fiscal Services Ltd ( BSE: 530419) at 17/- target 39/-.

Multibagger Stock Pick.... Sumedha Fiscal Services Ltd ( BSE: 530419) at 17/- target 39/-.
Buy Sumedha Fiscal Services Ltd trading in BSE (BSE CODE: 530419) at 17/- in B Group. Target 39/- for short term. Safe investment at 17/-. Its good worth stock.

Sumedha Fiscal Services Ltd DoinG financial services Company incorporated in the year 1989. Company Stock Face Value is 10/- Book Value is 29/-, Equity 6 Cr. Company having Good Assets and Reserves. Every Year dividend Paying company.

Sumedha Fiscal Services Ltd preferential issued at 31/- now trading at 17/- and EPS is 5.5/- reserves 23 cr per share 35/- Div 8% to 10% every year.

Stock : Sumedha Fiscal Services Ltd (BSE: 530419)

CMP : 17/-

Target : 39/- /- in Short term

Equity : 6 Cr
Reserves : 23 Cr (Per share Rs. 36/-).

Promoters Holding : 43% ;

Face Value : 10/-

EPS : 5.5/- for 2011-12 and 2012-13 Expecting 9/- as per the Expansion Plans.

Book Value: 34/-

Every Year Dividend Paying company.

Dividend History : 

2011 --- 8%; 2010 --- 8%; 2009 --- 8%;

Dividend Yielding per Year 4.9%.

Company Profile :-
Sumedha Fiscal Services was originally incorporated by Shrimati Savita Maheshwari and

Mr. Manoj Kumar Agarwal in the year 1989 and is a long established player in the Financial Services Industry.The Company offers a wide bouquet of services ranging from Corporate Finance, Equities,Commodities, Insurance, Wealth Advisory, Portfolio Management, Personal Finance,Currency Futures, Investment Banking and Institutional Broking Services. The company is a well known name in the small and medium enterprises group for its investment banking activities & commands approx 80% of its revenue from Investment banking alone.Investment serves clients which includes corporate/institutions, high net worth individuals and retail.
Segments which comes under that are:-

Stock Broking :-
Sumedha Fiscal is the member of the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited both for Cash and Derivatives segment. SFSL are also members in the Currency Futures Segment of the National Stock Exchange of India Limited, thus providing opportunities in hedging and trading of currency derivatives to our clientele. SFSL are also empanelled with most of the major Financial Institutions, Asset Management Companies, Banks and Corporate Groups. In addition, they have had the privilege of serving over many individuals, many of whom are in the High Net Worth (HNI) category.

Commodity Broking :-
SFSL Commodity Trading Pvt. Ltd. is a member of MCX Commodities.

Depository Services :-
Sumedha Fiscal provides depository services being Depository Limited (NSDL). Another Important source of Income is corporate services, segments which comes under that are :-

Merchant Banking
Sumedha Fiscal ventured into Merchant Banking and registered as a Category I Merchant Banker by SEBI, which means company is authorized as to carry on the business of merchants of banking in all its aspects, to act as manages to issue and offer, whether by way of public offer or otherwise of securities, to act as administrators or managers of any investments, trusts or exempts funds, provident, pension, gratuity and superannuation funds, charitable funds, unit trusts or consortium to act as trustees for bonds holders, debenture holders and for other purposes herein.Company has proven track record in Lead Management, Private Placement and Issue Advisory Services. Company has a great association with internationally reputed Merchant Bankers, coupled with some close relationships with various Investors and Intermediaries
which help them to make Public Issues a success. Sumedha has been associated with several prestigious Public Issues as Lead Manager, Co-Manager and Syndicate Member, Member of National Securities

Loan / Debt syndication

In Loan / Debt syndication company take care of the entire transaction which involves Capital Structuring, Feasibility Study, Project Appraisal and Sourcing Funds. In addition to it, company has long term association with Banks and Bankers which provide a special edge in arranging ecient negotiations and favourable terms, particularly in Loan Syndication. This makes a company competitive enough among its counterparts /peers
Financial Restructuring
Sumedha Fiscal also assist companies in restructuring their capital structure, negotiate with lenders for settlement of restructured loans, reschedule debt to lower interest costs and extend the repayment period. In extreme cases company also arrange Mergers and Takeovers of stressed Companies. This is the major revenue generating at the time of boom as well as slowdown period.

Portfolio Resolution of Stressed Assets
Company is also into Portfolio Resolution of Stressed Assets. An increased emphasis by Reserve Bank of India on improving asset quality and capital adequacy is causing a number of Banks and Institutions to focus on Non Performing Assets (NPA) Management. Sumedha Fiscal has requisite experience; specialized skill sets and focused approach to facilitate resolution and settlement of loans. Company is empanelled with major Banks and Financial Institutions as Recovery Agent.

Mergers & Takeovers

Company core competence includes value oriented research and identifying business partners, suggesting economically viable projects and arranging technical and financial collaborations. Along with our International Aliates, company arrange global, technical and financial collaborations and provide assistance in preparing necessary project documentation and obtaining statutory approvals for such projects.

Equity Placements
Company also caters into equity placement which helps clients in Syndication and arrangement of Private Equity and Venture Capital Financing. It also arranges Equity Financing for Corporate and Entrepreneurs for Seed Capital, Early Stage and Late Stage Financing.

Subsidiaries in commodities are:-
SFSL Risk Management Services (P) Ltd. SFSL Commodity Trading (P) Limited is the subsidiary company of SFSL. 

SFSL Insurance Advisory Services (P) Ltd.

Seasoft Solutions Pvt. Ltd.

Capita Finance Services (P) Ltd.

Financial Highlights
Market Cap: [Rs.Cr.] 11 crs |

Face Value: [Rs.] 10

P/BV (x) 0.66

ROCE (%) 31.3

EPS 5.9

Dividend Yield (%) 4.1

RONW (%) 23.7

EV/ EVBIDTA (x) 1.88

So there is a long way to go. Investors with faith in Sumedha Fiscal Services Limited
management and having patience will definitely earn a lot.

Possitive Points for this stock for Up moving:
1) Company doing very good with EPS 5.45/- PE only 3 Available very cheep at 17/-

2) Equity is very small at 6 Crores..

3) Dividend Paying Company.

4) Preferential Issued at 31/- to promoters.

5) Expansion Plans going on, This year Profit may zoom and EPS 9/-+++ .

6) Accumulating by Operators and Mutual Funds.

7) Its very worthy stock at 17/- to accumulate, Every one hodl 1,000 shares will get double in 1 month.

Enter current price at 17/- Short term Target 39/- Strong Fundamentals. Just Buy at 17/- get 200% to 500% Profit.
Happy Investing...
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