Frick India Q2 ( 2016-17 ) Results - EPS Rs.55 / 96 p

new post

August 29, 2017

Frick India-Super-Q1-2018 Results EPS -Rs.98/65p

Please click :-

https://www.msei.in/ListingData/2017/FRICKINDIA/AN/170828_FRICKINDIA_AN_01.pdf

Q1 2018 ( Q1 2017 )

Sales Rs.92 cr ( Rs.53 cr 13 lakh )

Net Profit Rs.5 cr 92 lakh ( Rs.3 cr 35 lakh )

EPS  Rs.98 /65 p ( Rs.55 /75 p )

Equity : Rs.60 lakh ( share Rs 10 paid up )

============

Old / Original Post

new post

August 17, 2017

Frick India-Annual Report-2016-17

Please click

http://linkintime.co.in/website/gogreen/2017/AGM/FIL/ANNUAL_REPORT.pdf

----------------

AGM on 08/09/2017 at Faridabad

===============

old original / post

For 3 months ending 30/09/16

Please Click :

http://www.msei.in/ListingData/2016/FRICKINDIA/AN/161115_FRICKINDIA_AN_02.pdf
==============

OLD POST

SEBI Gives 3 Months For Relisting/ Delisting For Regional Stock Exchanges ELC

SEBI Circular Dt. 10/10/ 2016

Please Click :-

http://www.sebi.gov.in/boardmeetings/rseminutes.pdf

http://www.sebi.gov.in/cms/sebi_data/attachdocs/1476076928746.pdf

----------------

Exclusively Listed Companies ( ELC ) like Frick India Limited . NBI Industrial Finance would either have to raise capital ( Bonus shares ) or Delist by providing Fair Value.



http://www.thehindubusinessline.com/opinion/editorial/trouble-with-the-sebi-crackdown-on-noncompliant-promoters/article9226933.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

--------------

May 17, 2011

Frick India Limited

FRICK INDIA LIMITED

ISIN: INE499C01012

Frick India is a pioneer in industrial refrigeration like cold storage . It appears to have been promoted in 1962  by Frick of USA.( now part ofJohnson Controls Group , one of the Top 50 manufacturing Companies of the USA ) - Please recheck this information.

As per the Annual Report of Frick India ( 2011-12 ) Frick India is now Independent.

( Please recheck this information independently also - No Responsibility ) 

http://www.rareindianshares.info/2012/11/frick-and-johnson-controls-usa-comments.html

The share capital of Frick India is Rs. 60 lakh ( Six Lakh shares of Rs. 10 each .)

The Book value is around Rs.1000 per share and EPS around Rs. 140 per share for 2009-10. It is expected to be better for the year ending March 2011 .



No. of Shareholders ( 31-03-11 )- 2211  

In the unofficial trading share of Frick India is available around Rs.800 per share. This puts the market capitalisation / enterprise value at around Rs. 50 crore. ( It is noteworthy that in comparison to the enterprise value ,  Frick 's plant is situated on around 25 acres of land on the Main Mathura Road ( GT Road ) Faridabad - NCR ).


( Unconfirmed Sources suggest the present value of  Frick India 's Faridabad land upwards of Rs.100 crore per Acre - PLEASE RECHECK THIS INFORMATION )


http://www.rareindianshares.info/2015/12/frick-india-shares-in-demand.html

----------- For further study please click the following Links :-

http://www.rareindianshares.info/2015/09/frick-india-agm-2015-bse-listing.html


http://www.indiainfoline.com/Markets/Company/Fundamentals/Balance-Sheet/Frick-India-Ltd/40235

http://www.indiainfoline.com/Markets/Company/Fundamentals/Profit-Loss/Frick-India-Ltd/40235

http://www.indiainfoline.com/Markets/Company/Fundamentals/Directors-Report/Frick-India-Ltd/40235

http://www.frickweb.com/index.html

http://www.trade-seafood.com/directory/suppliers/company/frick-india-in.htm

Frick India Limited is , also , dealers of Industrial Cooling Towers 

http://www.mycitycue.com/Delhi-city/Local-Business/Cooling-Towers/Frick-India-Ltd.html



Shares of Frick India Limited  are listed only at Delhi Stock Exchange which is , presently , closed for trading. Analysts and commentators , especially of delisted shares, are of the opinion that investors of DSE listed asset laden and highly profitable companies like Frick India ,Jullundur Motor etc can gain handsomely  ( immediate around 100 % upwards ) if DSE resumes trading or if DSE listed shares are listed for trading under the " Permitted Shares " category of BSE / NSE

The Peer comparison with BSE / NSE  Listed companies e.g. Blue Star ,Voltas , Ingersoll Rand etc. in case of Frick and Indian Motor Parts and Accessories ( IMPAL ) in case of Jullundur Motor on parameters of Book Value , PE ratio , Sales  etc supports this contention of the analysts..

The management of Frick India Limited should :-

Issue a liberal bonus ( Book value is Rs. 1000 + )
Split the Face Value to Re. 1

--------------

General Warning : Investment in Shares Can be Injurious to Your  WEALTH

Caution :The blog writer has personal/ family members' holdings in this Company ,  so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts before taking any investment decision

Frick India AGM on 26/08/16- Please Attend

Frick India Limited has informed that the register of members of the company will remain closed from August 20, 2016 to August 26, 2016 (both days inclusive) for the purpose of Annual General Meeting of the company to be held on August 26, 2016.

Frick India AGM s are held at Faridabad ( Haryana ) near Delhi.

Shareholders are requested to attend and raise the questions of

1) Prpoper Listing at BSE / NSE  or regular Trading at Metropolitan Stock Exchange.

2 ) Bonus / Split as the Book Value per Share is above Rs. 1825 /- ( Rs.10 paid ) and Share Capital Rs. 60 Lakh ( 6 Lakh shares )
-------------------

August 20, 2016

Frick India- Annual Report -2015-16 - Excerpts - Comments

http://www.rareindianshares.info/2016/08/frick-india-annual-report-2015-16.html

==============================

OLDER POSTS

August 08, 2016

NBI Industrial , Frick India ,Carrier - Dealers Send Letters

It seems shares of 

NBI Industrial Finance ,

Frick India 

Carrier Air conditioning 

are in great demand as Dealers are sending letters to individual shareholders.

Rates being offered for NBI Industrial Finance is Rs.800 and Carrier Rs. 70 . ( Please Recheck as rates may be more  .)

It seems NBI Industrial is presently Rs. 800 - Rs.1300

Frick India Rs. 1200 - Rs.1600  ( PLEASE RECHECK )

-----------------------
 Frick India and NBI Industrial have very small equities.

There are very few shares left with public meaning that there is very little floating stock.

For More on Frick India :-

http://www.rareindianshares.info/search?q=frick+india+limited

--------


For More on NBI Industrial Finance :-

http://www.rareindianshares.info/search?q=new+bank+of+india

--------------

June 03, 2016

Frick India 2015-16 Profits Nearly Double, EPS Rs.195, Book Value Rs.1825

For Year Ending 31-03-2016

Sales : Rs 200 cr 70 lakh

Gross Profit Rs. 18 cr

Profit Before Tax Rs. 16 cr  28 lakh

Net Profit : Rs. 11 cr 69 lakh

EPS : Rs.194 / 83 p

Dividend : 25 % ( Rs.2 / 50 p )

------------

As on 31 /03/2016

Share Capital : Rs. 60 Lakh ( 6 Lakh Shares of Rs. 10 each )

Reserves :108 crore 90 lakh

Book Value Per Share ; Rs.1825

Source

http://www.msei.in/ListingData/2016/FRICKINDIA/AN/160524_FRICKINDIA_AN_01.pdf

-------------------

Blog Comments : -

Frick India is market leader in Industrial Refrigeration.With Govt. emphasis on Food Processing / Food Preservation Prospects are very Bright.

Frick India 's Balance Sheet has many Hidden Assets.

Example : -

Frick India owns 25 acres of Prime Land on GT Road , Faridabad ( NCR ).Current land prices could be upward of Rs. 100 cr Per acre ( Please Recheck this Information )

---------------

For More on Frick India , please click :-

http://www.rareindianshares.info/2011/05/frick-india-limited.html

--------------

General Warning : Investment in Shares Can be Injurious to Your  WEALTH

Caution :The blog writer has personal/ family members' holdings in these Companies ,  so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts before taking any investment decision.

. No responsibility taken by this author / blog . )

=============

=====================================

May 17, 2011

Frick India Limited

FRICK INDIA LIMITED

ISIN: INE499C01012

Frick India is a pioneer in industrial refrigeration like cold storage . It appears to have been promoted in 1962  by Frick of USA.( now part ofJohnson Controls Group , one of the Top 50 manufacturing Companies of the USA ) - Please recheck this information.

As per the Annual Report of Frick India ( 2011-12 ) Frick India is now Independent.

( Please recheck this information independently also - No Responsibility ) 

http://www.rareindianshares.info/2012/11/frick-and-johnson-controls-usa-comments.html

The share capital of Frick India is Rs. 60 lakh ( Six Lakh shares of Rs. 10 each .)

The Book value is around Rs.1000 per share and EPS around Rs. 140 per share for 2009-10. It is expected to be better for the year ending March 2011 .



No. of Shareholders ( 31-03-11 )- 2211  

In the unofficial trading share of Frick India is available around Rs.800 per share. This puts the market capitalisation / enterprise value at around Rs. 50 crore. ( It is noteworthy that in comparison to the enterprise value ,  Frick 's plant is situated on around 25 acres of land on the Main Mathura Road ( GT Road ) Faridabad - NCR ).


( Unconfirmed Sources suggest the present value of  Frick India 's Faridabad land upwards of Rs.100 crore per Acre - PLEASE RECHECK THIS INFORMATION )


http://www.rareindianshares.info/2015/12/frick-india-shares-in-demand.html

----------- For further study please click the following Links :-

http://www.rareindianshares.info/2015/09/frick-india-agm-2015-bse-listing.html


http://www.indiainfoline.com/Markets/Company/Fundamentals/Balance-Sheet/Frick-India-Ltd/40235

http://www.indiainfoline.com/Markets/Company/Fundamentals/Profit-Loss/Frick-India-Ltd/40235

http://www.indiainfoline.com/Markets/Company/Fundamentals/Directors-Report/Frick-India-Ltd/40235

http://www.frickweb.com/index.html

http://www.trade-seafood.com/directory/suppliers/company/frick-india-in.htm

Frick India Limited is , also , dealers of Industrial Cooling Towers 

http://www.mycitycue.com/Delhi-city/Local-Business/Cooling-Towers/Frick-India-Ltd.html



Shares of Frick India Limited  are listed only at Delhi Stock Exchange which is , presently , closed for trading. Analysts and commentators , especially of delisted shares, are of the opinion that investors of DSE listed asset laden and highly profitable companies like Frick India ,Jullundur Motor etc can gain handsomely  ( immediate around 100 % upwards ) if DSE resumes trading or if DSE listed shares are listed for trading under the " Permitted Shares " category of BSE / NSE

The Peer comparison with BSE / NSE  Listed companies e.g. Blue Star ,Voltas , Ingersoll Rand etc. in case of Frick and Indian Motor Parts and Accessories ( IMPAL ) in case of Jullundur Motor on parameters of Book Value , PE ratio , Sales  etc supports this contention of the analysts..

The management of Frick India Limited should :-

Issue a liberal bonus ( Book value is Rs. 1000 + )
Split the Face Value to Re. 1

--------------------------------------------------------------------------------------------------------------

.

Frick India Listed on Metropolitan Stock Exchange 

http://www.rareindianshares.info/2016/01/frick-listed-on-metropolitan-stock.html

===============================================

lhttp://www.rareindianshares.info/2015/11/all-dse-shares-like-frick-nbi-on-bse.html

http://www.rareindianshares.info/2015/09/frick-india-agm-2015-bse-listing.html

http://www.rareindianshares.info/2013/04/frick-india-important-issues-of-bonus.htm


===============================

2010-11

.

Frick India Limited- Annual Report ( 2010-11 ) - Comments

Frick India Limited as on 31-03-11 has a Share Capital of Rs. 60 lakh ( Rs. 10 paid up shares ) and Reserves of Rs. 6736 lakh , giving it a Book Value of  around Rs. 1133 per share.

In the APPLICATION OF FUNDS ( Page 23 - Annual Report - 2010-11 )

Frick India Limited has Rs. 1733 in Investments ( mainly mutual funds ) and its Net Currents Assets ( i.e. Current Assets minus Current Liabilities ) stand at Rs. 5112 lakh.

Even if we deduct Rs. 1207 lakh of debt on its Balance Sheet , Frick India Limited has liquid funds worth Rs. 5638 lakh or Rs. 940 per share..

Future Plan of Action ( Page 4 - Annual Report -2010-11 )

The Company has entered into an Agreement with Vilter , USA to manufacture complete range of high efficiency reciprocating compressors for export to Vilter under the Buy-back clause of this Agreement and for export to various other international territories . This process would continue

The Company is continuing to upgrade its Design and Engineering Department in order to be in a position to undertake Malls , Naval and Office Air - Conditioning and Ventilation Jobs.

-------------------------------------------------------------------------------------------------------------

.

2012

Frick India -Important Issues of Bonus and Relisting

S.L Your Query(ies) Answer 01.  Q-The fact of and reasons for the permission taken to condone the delay in holding the AGM are not stated in the Annual Report (2012) Company Answers (in Bold ) A. There is no delay in holding the AGM of the Company, accordingly no question of permission for condonation of delay. Further, the company made an application on 21/08/2012 for an extension of time for the purpose of holding AGM which was granted by the ROC under section 166(1) read with second proviso attached thereto for a period of 3 months. Q 02. The reasons for the variance in Provisional Net Profit (2011 -12 ) which gave EPS of Rs. 175 Per Share and Final EPS of Rs. 150 Per Share has not been explained. A .During our Statutory audit, there was an increase in Provision for Deferred Taxation from Rs.11.77 Lac to 124.45 Lac. Since it is statutory provision, hence we have to provided the same, other wise there is no significant change in net profit (before tax) from Rs.1528.49 Lac (Provisional) to Rs.1508.27 Lac (Audited). Q 03. in view of Book Value of Rs. 1280 Per Share and EPS of Rs. 150 Share Holders had taken up with the then Company Secretary Mr. Raman Khalsa, for a Liberal Bonus and a Split. The Annual Report is silent on this, A.Since company is in expansion mode, the company may consider the same for future requirements of the Company. Q 04. Further , Share holders had taken up with Frick India the SEBI guidelines regarding Relisting in BSE / NSE as DSE is non operational Relevant SEBI guidelines ;- http://www.sebi.gov.in/cms/sebi_data/attachdocs/1338376477669.pdf Although the correspondence on this crucial issue was acknowledged by Mr. Raman Khalsa, the Annual Report ( 2012 ) is silent on this  issue. A .As per Clause 9 of the SEBI Circular no. CIR/MRD/DSA/14/2012 dated May 30, 2012 regarding Relisting in BSE / NSE as DSE is non operational, the said circular apply to only : - (i) Recognized stock exchanges  (ii) Stock exchanges that stand de-recognised as on date of this circular  (iii) Stock exchanges that have applied for derecognition/ exit as on the date of this circular Hence, the above-said circular is not applicable to the Company. Please refer page no. 05 of the SEBI Circular no. CIR/MRD/DSA/14/2012 dated May 30, 2012  ---------------------------------------------------------------------------------------------------- BLOG WRITER Page 5 of SEBI Circular , as mentioned by Frick India , refers only to Stock Exchanges . Frick India should not Misquote. Frick India , in the interests of its Non promoter Shareholders , should follow , without any further delay , SEBI Directive dt. 30-05-12 , on Relisting in NSE / BSE. Please read Page 5/5 of SEBI Circular:- http://www.sebi.gov.in/cms/sebi_data/attachdocs/1338376477669.pdf Further , the Company should appreciate the fact that Issue of Bonus Shares does not mean any outflow of funds so the answer that Frick India needs funds for expansion and thus cannot issue Bonus shares is highly illogical and unacceptable to Shareholders Ashwani Kumar Aggarwal http://www.rareindianshares.info/2011/05/frick-india-limited.html

( Please Recheck Independently - Information Given In Good Faith )

Jullundur Motor - Excellent Q3 Results , 40 % Interim Dividend - Quarter EPS Rs. 6 / 33p

 For Q 3 ( 3 months ending 31-12-13 ) Results , please click . Please , also , read notes on Page 2 

http://jmaindia.com/download/quarterly_results/quarterly_reports_2013-2014(2)/Unaudited%20Quarterly%20Result%20for31.12.2013.pdf

=========================================
EPS for the quarter is Rs. 6 /33 p ( Post 1 : 1 Bonus )

It has been learnt from knowledgeable sources that Listing with BSE is due in near future as the technical deficiencies  marked by BSE have been rectified by the Company)- PLEASE RECHECK THIS INFORMATION -  NO RESPONSIBILITY WHAT SO EVER. We may be wrong .


Important Disclaimer :-

Please Recheck every information before taking any investment decision.

No Responsibility with this Blog / Writer
=====================

Please, also click :-

http://www.rareindianshares.info/search?q=jullundur+motor+delhi

=======================================

General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this blog / blog writer.

Jullundur Motor- Bonus Share Are Fully Transferable ( Please Recheck )

To the best of  our knowledge ( which please Recheck ) RTA , MAS Services Limited , New Delhi , has informed that the bonus shares issued recently by Jullundur Motor are fully Transferable.

===============================================

OLD POST ( for Reference only )

November 27, 2013

Jullundur Motor Bonus Shares Are They Non Transferable ?? Please Recheck

Original Query :-

"I am holding 50 shares of JULLUNDUR MOTOR AGENCY WITH ISIN NO. INE412C01015 SINCE LONG.

The company has declared 1:1 bonus and i have recd. 50 shares OF JULLUNDUR MOLIST PEN WITH ISIN NO. IN8412C01014. how it happened  IS THE CREDIT WRONG OR ANY OTHER MATTER"

PLEASE GUIDE ME AND OBLIGE"

Message Received :-

Dear Sir,

Before its listing approval ISIN is locked soyou can not transfer the shares until its listing.

That is why two ISIN is there..

This Bonus shares are Freeze and can't be transfer.

-------------------------------------------------------------------------------------------------------------------------------------------

Blog : Please Recheck . No Responsibility.

============================================================================

http://www.rareindianshares.info/2010/12/jullundur-motor-agency-delhi-limited.html

=-==========================================================

General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this blog / blog writer.

Frick India Should Become Investor Friendly

new post

August 17, 2017

Frick India-Annual Report-2016-17

Please click

http://linkintime.co.in/website/gogreen/2017/AGM/FIL/ANNUAL_REPORT.pdf

----------------

AGM on 08/09/2017 at Faridabad

===============

old original / post

Frick India Ignoring  SEBI Directions

FRICK ' Reply to Shareholders Demand for Relisting in BSE as per SEBI :-

Dear Sir,

The Company appreciates your concern and takes the opportunity to provide you with the following reply:-

This is to bring to your kind attention that as per Clause 9 of the SEBI Circular no. CIR/MRD/DSA/14/2012 dated May 30, 2012 regarding Relisting in BSE / NSE as DSE is non operational, is not applicable to the Company as it clearly states that the said circular applies only to the following: -

(i) Recognized stock exchanges 

(ii) Stock exchanges that stand de-recognised as on date of this circular  

(iii) Stock exchanges that have applied for derecognition / exit as on the date of this circular

Please refer page no. 05 of the SEBI Circular no. CIR/MRD/DSA/14/2012 dated May 30, 2012.

Further the Company assures you that in case any requirement arises in future, the Company shall take prompt action in this regard.

Hope the above submission and clarification on behalf of your Company is helpful to you.

Should you have any further doubts, please revert.

R. C. Sharma

Company Secretary & Compliance Officer

Frick India Limited

21.5 KM, Main Mathura Road,

Faridabad-121003 (Haryana)

Ph 0129-2275691-94, 2270546-47

Shareholders' Rejoinder

We are grateful yo you for your prompt reply.

We draw your attentions to the following clauses of the SEBI circular

http://www.sebi.gov.in/cms/sebi_data/attachdocs/1338376477669.pdf

Refer SEBI Circular

2.3 If the stock exchange is not able to achieve the prescribed turnover of Rs 

1000 Crores on continuous basis or does not apply for voluntary surrender 

of recognition and exit before the expiry of two years from the date of this 

Circular, SEBI shall proceed with compulsory de-recognition and exit of 

such stock exchanges, in terms of the conditions as may be specified by 

SEBI. 

3.2 The exclusively listed companies, which fail to obtain listing on any other 

stock exchange, will cease to be a listed company and will be moved to the 

dissemination board by the exiting stock exchange. Therefore, in the 

interest of investors of exclusively listed companies, a mechanism of 

dissemination board will be set-up by stock exchanges having nationwide 

trading terminals. 

It is very clear that as per Clause 2 .3 of SEBI circular , Delhi Stock Exchange is a Compulsorilyy De-Recognized Stock Exchange.

Further , we fail to understand the logic behind delaying Relisting in BSE when similar cases like that of Jullundur Motor ( exclusively listed in DSE ) have already gone ahead with issue of Bonus shares and application for Relisting in BSE.

In case , the Management of Frick India does not wish to Relist , then it can seek Voluntary Delisting of its Shares and convert Frick India in to a Private Limited entity.

Refer SEBI Circular

3.3 Dissemination Board: 

Under this mechanism, a willing buyer and seller will be given an 

opportunity to disseminate their offers using the services of brokers of 

stock exchanges hosting dissemination board. The mechanism of 

dissemination board shall be given wide publicity for the benefit of the 

investors of exclusively listed companies. Every stock exchange hosting a 

dissemination board shall clearly bring out the guidelines in respect of the 

Dissemination Board on its website. 

We are sure that Frick India Limited is all for helping Small Non  Promoter share holders and would avoid taking any confrontation with the Regulatory bodies.

Regards ,

SHARE HOLDER

-----------------------------------------------------------------------

http://www.rareindianshares.info/2013/11/frick-india-relisting-bse-deadline-is.html

-----------------------------------------------------------------------------

http://www.rareindianshares.info/search?q=frick+india

-----------

August 20, 2016

Frick India- Annual Report -2015-16 - Excerpts - Comments

http://www.rareindianshares.info/2016/08/frick-india-annual-report-2015-16.html

-------------

General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking any investment decision. No responsibility with this blog / blog writer.