I have been crunching some numbers for the completed FY.Sharing...

  1. 60 Posts.
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    I have been crunching some numbers for the completed FY.

    Sharing my analysis and happy to be corrected:

    Revenue till March Q = 29.7m
    April Kobe Sales = 4.7m
    June Kobe sales = 4.8m

    Remaining pearls from Kobe were sold at a better price, so 35000*70$ = 2.5m

    Assuming all the remaining 22000 pearls from June were sold at 70$ = 1.5m

    Total Revenue for the year = 43m
    Expenditure as per previous years = 17m (to 19m)

    Profit = 24 to 26m

    Cash at hand on April 19th = 16.5m
    Adding in the 8.8m revenue after April 19th minus 7m expenditure= 18m (purely an assumption, actuals might vary significantly)

    Based on this I am assuming that we get 1 to 1.5c dividend.

    All in my opinion. DYOR.

 
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