STOCK MARKET PERFORMANCE

SENSEX MKT CAP as on 16-oct-10 7,277,343.74 price earning price book value
FULL MKT CAP (Rs. In Cr) FREE-FLOAT MKT CAP WEIGHTAGE P/E P/BV BETA
BSE FMCG 303,492.76 -- 4.17% 31.06 12.05
BSE FMCG -- 174,836.46 2.40%

Security wise MKT CAP

I T C LTD 132,127.46 92,489.22 52.90% 15.37 9.43% 0.41
HIND UNI LT 65,054.95 32,527.48 18.60% 29.69 25.18% 0.38
UNITD SPR 19,136.18 13,395.33 7.66% 53.27 4% 1.02
NESTLE LTD 30,784.09 12,313.64 7.04% 44.45 52.96% 0.42
DABUR INDIA 17,851.12 6,247.89 3.57% 20.97 23.79% 0.45
COLGATE PALM 11,497.51 5,748.76 3.29% 25.98 35.26% 0.26
TATAGLOBAL 8,039.18 5,225.47 2.99% 2.28 3.87%
GODREJ CONS 12,801.80 3,840.54 2.20% 33.9 15.39% 0.51
RUCHI SOYA. 3,621.14 1,629.51 0.93% 20.07 2.20% 1.59
MCLEOD RUSSE 2,579.32 1,418.63 0.81% 6.79 1.90% 1.73

PERFORMANCE INDEX CHARTS

ITC
HIND UNI LT

UNITD SPR
NESTLE LTD

DABUR INDIA

COLGATE PALM
TATAGLOBAL

GODREJ CONS
RUCHI SOYA.

MCLEOD RUSSE
 RETURNS

2007 2008 2009

Index/company open close Returns % open close Returns % open
SENSEX 13,827.77 20,286.99 46.71% 20,325.27 9,647.31 -52.54% 9,720.55
BSE REALTY 7,435.65 12,867.57 73.05% 12,803.99 13,848.09 8.15% 2,294.03
DLF Limited 582 1073.8 84.50% 1051.1 281.9 -73.18% 283.8
Unitech Ltd 465 488.25 5.00% 494.9 40.6 -91.80% 41
Indbul Real 380.05 745.95 96.28% 755.00 131.15 -82.63% 131.40
Anant Raj IN 1429.65 349.6 -75.55% 351.15 88.25 -74.87% 88.95
Sunteck Real 217.6 1725 692.74% 1739 1391.2 -20.00% 1399
Sobha Dev 999.9 912.4 -8.75% 924.95 105.1 -88.64% 107
Phoenix Mill 1220 2367.2 94.03% 2445 75.9 -96.90% 75
Peninsula land limi 613.7 144.25 -76.50% 145.25 24.45 -83.17% 25
Parsvnath 470.65 451.1 458.9 47.25 48.1
Orbitco 90 943.85 950 62.3 63.45
Ackruti 701.35 1202.5 1200 651.3 653

800.00%

600.00% RETURNS

400.00%

200.00%

0.00%

-200.00%

-400.00%
 2009
79.67%
close Returns %
17,464.81 79.67%
4,846.02 111.24% 8.15%
361.15 27.26% 2008 BSE REALTY
-100.00% SENSEX
226.95 72.72%
133.35 49.92% 73.05%
2007
576.85 -58.77% 46.71%
246.55 130.42%
197.8 163.73% -100.00% -50.00% 0.00% 50.00% 100.00% 150.00%
77.15 208.60%
124.15
39
554.3

RETURNS

2009
2008
2007
 FINANCIAL PERFORMANCE FOR REAL ESTATE COMPANIES

CONSOLIDATED SALES in Cr. Rs.

COMPANY/YEAR 2007 2007 SALES % 2008 2008 SALES % 2009 2009 SALES %
DLF Limited 5532.84 67.02% 2827.90 51.4% 2401.3 47.9%
Unitech Ltd 167.45 2.03% 602.66 11.0% 284.2 5.7%
Indbul Real 47.77 0.58% 45.03 0.8% 34.0 0.7%
Anant Raj IN 538.15 6.52% 413.78 7.5% 286.8 5.7%
Sunteck Real 3.07 0.04% 2.17 0.0% 15.5 0.3%

CONSOLIDATED SALES
Sobha Dev 1422.60 17.23% 974.70 17.7% 1114.0 22.2%
Phoenix Mill 198.78 2.41% 90.15 1.6% 115.8 2.3%
Peninsula land limited 345.28 4.18% 541.65 9.9% 760.9 15.2%
Parsvnath 1726.25 20.91% 744.04 13.5% 781.5 15.6%
Orbitco 417.03 5.05% 283.53 5.2% 487.1 9.7%
Ackruti 440.50 5.34% 440.99 8.0% 476.0 9.5%
Consolidated Sale of industry 8255.94 121% 5498.04 114% 5012.46 100% 0.00
2000.00
4000.00
Y-O-Y -33.4% -8.8%

80.00%
0.0%
70.00%
SALES -5.0%
60.00%
50.00% -10.0%
40.00%
-15.0%
30.00%
2007 SALES %
20.00% -20.0%
2008 SALES %
10.00% -25.0%
2009 SALES %
0.00%
-30.0%
IN
l

al

ll
Ltd

ev
d

d
ea

Mi
ite

ite
Re

aD
aj
lR
ch
im

im
tR

nix
ck
bu

bh
ite
FL

-
dl

-35.0%
nte
an

oe
Ind

So
Un

lan
DL

An

Ph
Su

ula

-40.0%
ins
en
 10.00%
20.00%

0.00%

DL
FL
im
ite
d

Un
ite
ch
Ltd

Ind
bu
lR
ea
l

An
an
tR
aj
IN

Su
nte
ck
Re
al

So
bh
aD
ev

Ph
oe
nix
Mi
ll
Pe
nin
su
la
lan
dl
im
ite
d
2009 SALES %
2008 SALES %

-40.0%
-35.0%
-30.0%
-25.0%
-20.0%

-
 8255.94

2007
CONSOLIDATED SALES

5498.04
2008
2009
5012.46

0.00
2000.00
4000.00
6000.00
8000.00
10000.00

0.0%

-5.0% Y-o-Y Analysis

-10.0% -8.8%

-15.0%
2008
-20.0%
2009
-25.0%

-30.0%

-35.0% -33.4%

-40.0%
-20.0%
2009
-25.0%

-30.0%

-35.0% -33.4%

-40.0%
 NET INCOME in Cr. Rs.
COMPANY/YEAR 2007 2007 NET INCOME % 2008 2008 NET INCOME %
I T C LTD 14558.43 27.68% 16146.85 25.05%
HIND UNI LTD 14106.95 26.82% 20807.11 32.28%
UNITED SPR 3221.82 6.13% 4152.90 6.44%
NESTLE LTD 3529.79 6.71% 4358.13 6.76%
DABUR INDIA 2111.30 4.01% 2439.22 3.78%
COLGATE PALM 1558.16 2.96% 1802.57 2.80%
TATAGLOBAL 1263.29 2.40% 1524.64 2.37%
GODREJ CONS 896.30 1.70% 1133.15 1.76%
RUCHI SOYA. 11353.49 21.58% 12092.00 18.76%
MCLEOD RUSSEL 672.82 1.28% 855.77 1.33%
Consolidated Net Income of indust 52599.54 100.00% 64456.56 100.00%
CAGR (((EV/BV)^1/N)-1) -0.57%
Y-O-Y 22.54%

35.00%

30.00% NET INCOME

25.00%

20.00%

15.00%

10.00% 2007 NET INCOME %

2008 NET INCOME %
5.00% 2009 NET INCOME %
0.00%
IN
Ltd

al

ll
d

ev

d
ea

Mi
ite

ite
Re

aD
aj
lR
ch
im

im
tR

nix
ck
bu

bh
ite
FL

dl
nte
an

oe
Ind

So
Un

lan
DL

An

Ph
Su

la
su
nin
Pe
 2009 2009 NET INCOME % 52599.54
18756.57 27.40% 64456.56

Consolidated Net Income of industry

17873.44 26.11%
4985.30 7.28% 68457.90
5167.17 7.55%
2889.71 4.22% 2007
0.00 10000.00 20000.00 30000.00 40000.00 50000.00 60000.00 70000.00 80000.00
2060.92 3.01% 2008
2009
1836.84 2.68%
1318.48 1.93%
13569.47 19.82%
1107.17 1.62%
68457.90 100.00%

6.21%

25.00%
22.54%
Y-o-Y Analysis
20.00%

15.00%
2007-08
2007 NET INCOME % 2008-09
2008 NET INCOME % 10.00%
2009 NET INCOME %
6.21%
5.00%

0.00%
56

57.90

2007
00 80000.00
2008
2009

Analysis

2007-08
2008-09
 MARKET SHARE in Cr. Rs.
COMPANY/YEAR 2007 Y-o-Y 2008 Y-o-Y 2009 Total Mkt share
DLF Limited 5532.84 -95.65% 2827.90 -17.8% 2401.3 10762.03
Unitech Ltd 167.45 72.21% 602.66 -112.0% 284.2 1054.32
Indbul Real 47.77 -6.08% 45.03 -32.5% 34.0 126.79
Anant Raj IN 538.15 -30.06% 413.78 -44.3% 286.8 1238.74
Sunteck Real 3.07 -41.47% 2.17 86.0% 15.5 20.69
Sobha Dev 1422.60 -45.95% 974.70 12.5% 1114.0 3511.30
Phoenix Mill 198.78 -120.50% 90.15 22.2% 115.8 404.76
Peninsula land limited 345.28 36.25% 541.65 28.8% 760.9 1647.81
Parsvnath 1726.25 -132.01% 744.04 4.8% 781.5 3251.74
Orbitco 417.03 -47.08% 283.53 41.8% 487.1 1187.67
Ackruti 440.50 0.11% 440.99 7.4% 476.0 1357.52
23205.85

100.00%
Y-o-Y Analysis
50.00%

0.00%
d l l v ill
ite Ltd ea j IN ea De ite
d
na
th tco 2007
iL m ch l R Ra R a x M
m v r bi
ite bu nt ck bh ni li rs O 2008
F d a te oe nd Pa
-50.00%DL Un In An
n So h a
Su P la
l
n su
ni
Pe
-100.00%

-150.00%
 Mkt share % CAGR
46.4% -0.86%
Market Share in terms of Sales of last 3 years
4.5% -0.43%
5% DLF Limited
0.5% -0.76% Unitech Ltd
5.3% -0.82% 14% Indbul Real
0.1% 0.68% Anant Raj IN
15.1% -0.74% Sunteck Real
7% 46% Sobha Dev
1.7% -0.81%
Phoenix Mill
7.1% -0.27% 2% Peninsula land limited
14.0% -0.85% Parsvnath
15%
5.1% -0.61% Orbitco
5.8% -0.64%
5% 5%
0%
1%

s
CAGR
Orbitco
Parsvnath
Peninsula land limited
th Phoenix Mill
na tco 2007-08
v r bi 2008-09 Sobha Dev
rs O
Pa Sunteck Real
Anant Raj IN
Indbul Real
Unitech Ltd
DLF Limited
-1.00% -0.80% -0.60% -0.40% -0.20% 0.00% 0.20% 0.40% 0.60% 0.80%

CAGR
ast 3 years
F Limited
itech Ltd
dbul Real
ant Raj IN
nteck Real
bha Dev
oenix Mill
ninsula land limited
rsvnath
bitco

40% 0.60% 0.80%

 EPS EPS
COMPANY/YEAR 2007 Y-O-Y 2008 Y-O-Y 2009 CAGR 50
DLF Limited 15.48 -70.3% 9.09 -100.7% 4.53 -0.90% 40
Unitech Ltd 6.35 -39.3% 4.56 -90.8% 2.39 -0.87% 30
Indbul Real 20.72 -103500.0% 0.02 94.7% 0.38 -0.99%
20
Anant Raj IN 16.68 -34.5% 12.4 -54.2% 8.04 -0.84%
Sunteck Real 8.28 4.8% 8.7 -663.2% 1.14 -0.95% 10
Sobha Dev 31.32 -108.2% 15.04 -0.8% 14.92 -0.84% 0
d l l v ill
Phoenix Mill 15.9 -188.0% 5.52 -36.0% 4.06 -0.91% ite Ltd Rea aj
IN
Rea De M
iL m ch u l R ck a ix
Peninsula land limi 5.35 0.2% 5.36 48.6% 10.42 -0.35% F ite db an
t te bh en
DL Un In n n So o
Parsvnath 22.13 -261.6% 6.12 12.4% 6.99 -0.89% A Su Ph al
sul
n
Orbitco 46.04 -343.5% 10.38 49.0% 20.34 -0.85% ni
Pe
Ackruti 44.18 -0.12 39.55 10.48% 44.18 -0.7%

Y-o-Y ANAL
CAGR
0.00% d 20000.0%
ite Ltd ea
l
-0.10% iLm h R j IN al v ill
-0.20% LF ite
c ul Ra Re De d th
n b t ck a M ite na
o 0.0%
D U n d an te h i x m itc al l
-0.30% I n n So
b
oe
n li
rs
v rb te
d Ltd Re aj
IN ea
-0.40%
A Su
Ph an
d
Pa O -20000.0% Limi ch ul R k R
l ite db an
t ec
-0.50% ul
a CAGR DLF Un In n unt So
ins -40000.0% A S
-0.60% n
Pe
-0.70% -60000.0%
-0.80%
-0.90% -80000.0%
-1.00%
-100000.0%

-120000.0%

2007-08 200
 EPS

2009
2008
2007

l v ill h
ea De ite
d
at tco
k R a ix
M
il m vn r bi
bh en d ars O
So o
lan P
Ph a
ul
ins
n
Pe

Y-o-Y ANALYSIS

td al IN ea
l v ill d th tco
l Re aj R a De x M ite na bi
u R k ni lim v r
db
t ec bh rs O
In n an nt So h oe and Pa
u
A S P al
s ul
n
ni
Pe

2007-08 2008-09
 MCLEOD RUSSEL

DIVIDEND RUCHI SOYA.

COMPANY/YEAR 2007 Y-o-Y 2008 Y-o-Y 2009 CAGR GODREJ CONS

I T C LTD 3.1 11.4% 3.5 5.4% 3.7 0.09 TATAGLOBAL
HIND UNI LTD 9 -38.5% 6.5 7.1% 7 -0.12
COLGATE PALM
UNITED SPR 2.5 -66.7% 1.5 25.0% 2 -0.11
NESTLE LTD 32 3.0% 33 31.3% 48 0.22 DABUR INDIA
DABUR INDIA 0.75 0.0% 0.75 57.1% 1.75 0.53 NESTLE LTD
COLGATE PALM 11.25 29.7% 16 23.8% 21 0.37 UNITED SPR
TATAGLOBAL 15 57.1% 35 -100.0% 17.5 0.08
HIND UNI LTD
GODREJ CONS 3.75 6.3% 4 11.1% 4.5 0.10
RUCHI SOYA. 2.4 -380.0% 0.5 0.0% 0.5 -0.54 I T C LTD
MCLEOD RUSSEL 1 0.0% 1 50.0% 2 0.41 0 10 20

100.0%

0.0%
D D R D A L S . EL
LT I LT SP E LT NDI A LM BA ON O YA SS
TC UN ITE
D TL I P LO J C I S RU
-100.0%I
D N ES BUR A TE
TAG RE CH D
N U N G D U O
HI DA L TA GO R CL
E
CO M 2007-08
-200.0%
2008-09

-300.0%
Y-o-Y Analysis
-400.0%

-500.0%
 DIVIDEND

2007
2008
2009

10 20 30 40 50 60

CAGR
MCLEOD RUSSEL 0.41
-0.54 RUCHI SOYA.
GODREJ CONS 0.10
TATAGLOBAL 0.08
COLGATE PALM 0.37 CAGR
DABUR INDIA 0.53
NESTLE LTD 0.22
-0.11
UNITED SPR
-0.12
HIND UNI LTD
I T C LTD 0.09
-0.60 -0.40 -0.20 0.00 0.20 0.40 0.60
CAGR
References :
beta reuters.com
p/bv moneycontrol.com
stock bseindia.com

Assumptions and other info :

1. Standalone/financial results preferred rather than consolidated results

2. Net income is being taken from P/L a/c of each company
3.In case of HUL, we have taken 15month results yr ended 2009, data for 2007 not available therefore taken as 2006
4. Adjusted EPS taken for ITC ltd from annual reports 09-10
5. In case of Nestle, the EPS for all the years has been taken from Moneycontrol.com as the information was not avialble on th
refore taken as 2006

rmation was not avialble on their respective website