KPIT Cummins Infosystems Ltd

KPIT Cummins Infosystems is a midcap sector stock, it’s a long term pick rather than a trading pick. We would like you to hold this stock for a pretty long time and it can be a multi-bagger from this level. It’s a portfolio pick rather than a trading pick as of now.

PE Ratio: below 9 (undervalued)

Report card

Attribute	Value	Date
PE ratio	8.67	21/08/09
EPS (Rs)	8.04	Mar, 09
Sales (Rs crore)	108.83	Jun, 09
Face Value (Rs)	2
Net profit margin (%)	9.66	Mar, 09
Last bonus	1:1	08/11/06
Last dividend (%)	30	28/04/09
Return on average equity	36.57	Mar, 09

Share holding pattern as on :	30/06/2009		31/03/2009		31/12/2008
Face value	2.00		2.00		2.00

	No. Of Shares	% Holding	No. Of Shares	% Holding	No. Of Shares	% Holding
Promoter's holding
Indian Promoters	19136810	24.52	19166810	24.56	19987850	25.61
Foreign Promoters	2239833	2.87	2234417	2.86	-	-
Sub total	21376643	27.39	21401227	27.42	19987850	25.61
Non promoter's holding
Institutional investors
Banks Fin. Inst. and Insurance	6056298	7.76	6775383	8.68	6773983	8.68
FII's	4698595	6.02	3217158	4.12	4871212	6.24
Sub total	17354914	22.24	16617519	21.29	18270173	23.41
Other investors
Private Corporate Bodies	7536134	9.66	7621948	9.77	7696047	9.86
NRI's/OCB's/Foreign Others	15338538	19.65	15265440	19.56	15234638	19.52
Direcctors/Employees	320280	0.41	320780	0.41	701585	0.90
Others	437189	0.56	125805	0.16	510745	0.65
Sub total	23238191	29.78	23333973	29.90	23662690	30.32
General public	15679263	20.09	16690242	21.39	15641923	20.04
Grand total	77649011	99.50	78042961	100.00	77562636	99.38

MFs invested in this company  Scheme % of asset size SBI Magnum Sector Funds Umbrella - IT - Growth 6.09  Fidelity International Opportunities Fund - Growth 1.21  Fidelity International Opportunities Fund - Dividend 1.21  Fidelity India Special Situations Fund - Growth 0.62  Fidelity India Special Situations Fund - Dividend 0.62

Overall STRONG BUY for long term investment.