Is this company has any relation to punj Lloyds.Or any of the directors of Punj llyods are also the directors of this company....

You are right my friend, if lloyd break 56 then it`s Short term target is 68,90,120,140,170,210. it`s book value is 100+ and also EPS is 7+. So keep buy on every decline and all of you are requested to buy in delivery not for intra day or 2-3 days. happy investing...

Stocks actually love to climb the wall of worries, and it seems that bartronics is on the same path, it can even surpass the target set by brokerages. ...

Another thing to add here is - I am holding 700 shares at a price of 190 ( I bought when the market was at 19000+). I had very high conviction about this company, but the mgmt is failing to live upto its promises. They have given a revenue guidance of 1000 cr and achieved only 335 cr in the first half. So, to meet the guidance , they have to generate a revenue of 665 cr in the next 2 quartrs, which is next to impossible. At least, mgmt should be open and transparent and come up with a revised guidance. I will see for 2 more quarters and if things do not improve, I will book my losses and get out of this stock because I am losing faith in the mgmt....

so we can very well reduce the profit figure for this qtr by rs.21 cr,as this can`t be repeated next time, actual profit that can be taken for this qtr is 35-21=14 cr...

ur message is incomplete, pls complete it...

i haven`t said that their deferred tax liability is 5.00 cr, if u read the notes they have added 5.00 cr to this qtr deferred tax and i have added that figure for the final profit of rs. 20 cr...

also, the volumes have picked up. signs of things to come .... buy on every dip or even at CMP. ...

Happy days have just begun. 1 year target of 100 at least...

In the last few days, I have read 3 research report on bartronics all with buy ratings with different targets from 172-225. Above all, the management has reiterated their guidance for FY10 - "Bartronics has maintained FY10 guidance of
Rs10bn in revenue and Rs1.5-1.8bn in net profit. It expects FY10
EBITDA margin to hold at around 28-31%."

ICICIdirect - 172
Angel broking - 192
Anand Rathi - 225.

Since we have less than 5 months before the end of FY10, I think the mgmt knows somethings which we do not. Otherwise, how can they still maintain their guidance? They must be expecting more than 600 Cr revenue in the next 2 quarters. If the FY10 revenue is anywhere close to 900 Cr, the stock should double form the current levels and I will be the happiest person on this earcth :) Lets keep our fingers crossed and hope for the best....

Another thing to add here is - I am holding 700 shares at a price of 190 ( I bought when the market was at 19000+). I had very high conviction about this company, but the mgmt is failing to live upto its promises. They have given a revenue guidance of 1000 cr and achieved only 335 cr in the first half. So, to meet the guidance , they have to generate a revenue of 665 cr in the next 2 quartrs, which is next to impossible. At least, mgmt should be open and transparent and come up with a revised guidance. I will see for 2 more quarters and if things do not improve, I will book my losses and get out of this stock because I am losing faith in the mgmt....

That would be unfair.. we can take it as 23-24 Cr, considering that the tax outgo was abnormally high. EBITDA is the thing to consider - it is 54 cr compared to 51 cr QoQ. revenue growth has been very bad. how can the mgmt give a guidance of 1000 cr? have they revised their guidance?...

Sorry for my mistake in the last post regarding this. (copy-paste error). Here is the reply I got from bartronics regarding other income -
"The other income during the quarter stood at Rs. 21 crores mainly due to the Mark-to-Market on Foreign Exchange exposure of the company. As many investors would be aware, the company had booked approximately Rs. 50 crores loss on this account for the period ending March 31, 2009."...

I had sent an email regarding the other income and I got a prompt response from the Bartronics management.

Please see below -
Dear Ms. Chaudhury,

Post declaration of results for the quarter, the management had explained this item in the results as:

...