Hindustan Media Ventures Ltd. ( HMVL) - Is Excess Cash in the BL a Drag? We Don't Think So..

India focused Portfolio Advisory - Exp of 40+years, Das Capital Management and Advisors

Arun Thirumalai

India focused Portfolio Advisory - Exp of 40+years

Das Capital Management and Advisors

Das Capital is a research boutique with an aim to continuously map and plan the investment needs of investors focused on India. We have a six member research team with a combined experience of over 40 years as a part of our investment wing. Our team assisted in the setup of Premji Investments, which was one of India’s first family offices focused to managing Mr.Azim Premji personal wealth. We also serve as a research team to two Indian private equity energy funds “Small is Beautiful” and “KSK Emerging India Energy Fund”.

Equity Bottom-Up

Hindustan Media Ventures / Equity Bottom-Up

<p>We recently wrote a note on Hindustan Media and Ventures Ltd. (HMVL), with a positive bias. The company's Q2 FY17 ( July-September 2016) results witnessed muted growth YOY majorly due to a high base effect of election in Bihar which is a key market for the company. The company witnessed a 19% growth in Q2FY16 vs Q2FY15.</p><p>The top line is in-line with our expectations as the management has already forewarned it in the last quarter and it expects good results in Q3FY17E and Q4 FY17E due to festival…</p>

We recently wrote a note on Hindustan Media and Ventures Ltd. (HMVL), with a positive bias. The company's Q2 FY17 ( July-September 2016) results witnessed muted growth YOY majorly due to a high base effect of election in Bihar which is a key market for the company. The company witnessed a 19% growth in Q2FY16 vs Q2FY15.The top line is in-line with our expectations as the management has already forewarned it in the last quarter and it expects good results in Q3FY17E and Q4 FY17E due to festival…

Hindustan Media Ventures

HMVL Q2 FY17 Update