Showing posts with label AscendasIndiaTrust. Show all posts
Showing posts with label AscendasIndiaTrust. Show all posts

Tuesday, January 31, 2017

AscendasIndia Trust 3QFY16/17

Total Property Income                          =  Rupee 1,881m
NPI                                                        =  Rupee 1,265m
Income Available For Dist                   =  $14.7m
DPU                                                      =  1.42 cents (3QFY2015/2016 1.36 cents)
NAV                                                      = 71 cents (90cnts Adjusted)
Interest Cover                                         = 3.7X
Gearing                                                   = 30%
Percentage Fixed Rate Debt                   = 85%
Average Cost Of Debt                            = 6.1%
Effective Borrowings                             = $452m (INR:62%,SGD:38%)

Tuesday, October 25, 2016

AscendasIndia Trust 2QFY16/17

Total Property Income                          =  Rupee 1,841m
NPI                                                        =  Rupee 1,247m
Income Available For Dist                   =  $14.1m
DPU                                                      =  1.37 cents (2QFY2015/2016 1.37 cents)
NAV                                                      = 69 cents
Interest Cover                                         = 3.6
Gearing                                                   = 29%
Percentage Fixed Rate Debt                   = 100%
Average Cost Of Debt                            = 7%
Effective Borrowings                             = $412m (INR:75%,SGD:25%)

Friday, July 22, 2016

AscendasIndia Trust 1QFY16/17

Total Property Income                          =  Rupee 1,776m
NPI                                                        =  Rupee 1,164m
Income Available For Dist                   =  $14.0m
DPU                                                      =  1.36 cents (1QFY2016/2017 1.37 cents)
NAV                                                      = 65 cents
Interest Cover                                         = 3.6
Gearing                                                   = 29%
Percentage Fixed Rate Debt                   = 100%
Average Cost Of Debt                            = 7.1%
Effective Borrowings                             = $397m (INR:75%,SGD:25%)

INR:SGD (49.3:1)

Wednesday, April 27, 2016

AscendasIndiaTrust 4QFY15/16

Total Property Income                          =  Rupee 1,722m
NPI                                                        =  Rupee 1,114m
Income Available For Dist                   =  $14.4m
DPU                                                      =  1.40 cents (4QFY2015/2016 1.30 cents)
NAV                                                      = 69 cents
Interest Cover                                         = 4.2
Gearing                                                   = 26%
Percentage Fixed Rate Debt                   = 100%
Average Cost Of Debt                            = 6.9%
Effective Borrowings                             = $353m (INR:73%,SGD:27%)

INR:SGD (47.1:1)

Thursday, January 21, 2016

AscendasIndia Trust 3QFY15/16

Total Property Income                          =  Rupee 1,751m
NPI                                                        =  Rupee 1,160m
Income Available For Dist                   =  $14m
DPU                                                      =  1.36 cents (3HFY2014/2015 1.16 cents)
NAV                                                      = 64 cents
Interest Cover                                         = 4.2
Gearing                                                   = 28%
Percentage Fixed Rate Debt                   = 100%
Average Cost Of Debt                            = 6.9%
Effective Borrowings                             = $351m (INR:73%,SGD:27%)

INR:SGD (46.7:1)

Monday, October 26, 2015

AscendasIndiaTrust 2QFY2015/16

Total Property Income                          =  Rupee 1,704m
NPI                                                        =  Rupee 1,107m
Income Available For Dist                   =  $14m
DPU                                                      =  1.37 cents (1HFY2015/2016 2.74 cents)
NAV                                                      = 65 cents
Interest Cover                                         = 4.2
Gearing                                                   = 27%
Percentage Fixed Rate Debt                   = 100%
Average Cost Of Debt                            = 7%
Effective Borrowings                             = $342m (INR:75%,SGD:25%)

INR:SGD (46.7:1)

Friday, July 24, 2015

AscendasIndia 1QFY15/16

Total Property Income                          =  Rupee 1,607m
NPI                                                        =  Rupee 1,035m
Income Available For Dist                   =  $14.1m
DPU                                                      =  1.37 cents
NAV                                                      = 68 cents
Interest Cover                                         = 4.5
Gearing                                                   = 26%
Percentage Fixed Rate Debt                   = 100%
Average Cost Of Debt                            = 6.8%
Effective Borrowings                             = $323m (INR:71%,SGD:29%)

INR:SGD (47.0:1)

Wednesday, April 29, 2015

AscendasIndia Trust 4QFY14/15

Total Property Income                          =  Rupee 1,518m
NPI                                                        =  Rupee 948m
Income Available For Dist                   =  $13.3m
DPU                                                      =  1.30 cents
NAV                                                      = 68 cents
Interest Cover                                         = 4.2
Gearing                                                   = 25%
Percentage Fixed Rate Debt                   = 100%
Average Cost Of Debt                            = 6.7%
Effective Borrowings                             = $312m (INR:67%,SGD:33%)

INR:SGD (45.2:1)

Monday, October 27, 2014

AscendasIndiaTrust 2QFY14/15

Total Property Income                          =  Rupee 1,553m
NPI                                                        =  Rupee 929m
Income Available For Dist                   =  $12.9m
DPU                                                      =  1.25 cents
NAV                                                      = 62 cents
Interest Cover                                         = 4.3
Gearing                                                   = 22% (taken acct of adjusted computation Gross Borrowing  +/- derivative financial instruments assets or liabilities)
Percentage Fixed Rate Debt                   = 100%
Average Cost Of Debt                            = 6.5%
Effective Borrowings                             = $236m

Currently at S$1 to INR 48.

Thursday, July 24, 2014

AscendasIndiaTrust 1QFY2014/2015

Total Property Income                          =  Rupee 1,520m
NPI                                                        =  Rupee 899m
Income Available For Dist                   =  $11.8m
DPU                                                      =  1.15 cents
NAV                                                      = 60 cents
Interest Cover                                         = 4.3
Gearing                                                   = 22% (taken acct of adjusted computation Gross Borrowing  +/- derivative financial instruments assets or liabilities)
Percentage Fixed Rate Debt                   = 100%
Average Cost Of Debt                            = 6.5%
Effective Borrowings                             = $233m

Currently at S$1 to INR 47.6. This is the first quarter after a long time where SGD depreciated against the INR compared to the previous quarter.I hope the decline in the INR has been arrested.

Sunday, April 27, 2014

AscendasIndia Trust 4QFY2014

Total Property Income                          =  Rupee 1,534m
NPI                                                        =  Rupee 922m
Income Available For Dist                   =  $12.3m
DPU                                                      =  1.22 cents
NAV                                                      = 62 cents
Interest Cover                                         = 4.8
Gearing                                                   = 22% (taken acct of adjusted computation Gross Borrowing  +/- derivative financial instruments assets or liabilities)
Percentage Fixed Rate Debt                   = 100%
Average Cost Of Debt                            = 6.1%
Effective Borrowings                             = $218m

Currently at S$1 to INR 48.6

Thursday, January 23, 2014

AscendasIndia Trust 3QFY13/14


Total Property Income                          =  $28.976,000
NPI                                                        = $18,409,,000
Income Available For Dist                   = 1.22 cents
DPU                                                      =  1.10 cents
NAV                                                      = 58 cents
Interest Cover                                         = 4.9
Gearing                                                   = 22% (taken acct of adjusted computation Gross Borrowing  +/- derivative financial instruments assets or liabilities)
Percentage Fixed Rate Debt                   = 100%
Average Cost Of Debt                            = 6.0%
Debt Headroom (40% Gearing)              = $266m

Currently at S$1 to INR 47.6

Friday, October 25, 2013

AscendasIndia 2QFY2013/14

DPU                                                      =  1.10 cents
Total Property Income                          =  $28.935,000
NPI                                                        = $16,419,000
Income Available For Dist                    = 1.22 cents
NAV                                                      = 57 cents
Interest Cover                                         = 4.9
Gearing                                                   = 20% (taken acct of adjusted computation Gross Borrowing  +/- derivative financial instruments assets or liabilities)
Percentage Fixed Rate Debt                   = 100%
Average Cost Of Debt                            = 5.9%
Debt Headroom (40% Gearing)              = $291m

Currently at S$1 to INR 48.9

Monday, July 22, 2013

AscendasIndiaTrust 1QFY13/14

DPU                                                      =  1.14 cents
Total Property Income                          =  $31,250,000
NPI                                                        = $18,314,000
Income Available For Dist                    = 1.14 cents
NAV                                                      = 0.60 cents
Interest Cover                                         = 5.2
Gearing                                                   = 24%
Percentage Fixed Rate Debt                    = 100%
Average Cost Of Debt                             = 5.9%
Debt Headroom (40% Gearing)               = $200m

Currently at S$1 to INR 44.5

Saturday, April 27, 2013

AscendasIndiaTrust 4QFY2012/2013

DPU                                                      =  1.04 cents
Total Property Income                            =  $30,628,000
NPI                                                        = $16,687,000
Income Available For Dist                       = 1.15 cents
NAV                                                       = 0.67 cents
Interest Cover                                          = 4.2
Gearing                                                    = 22%
Percentage Fixed Rate Debt                     = 100%
Average Cost Of Debt                              = 6.0%
Debt Headroom (40% Gearing)                = $235m

Currently at S$1 to INR 43.9

Tuesday, January 22, 2013

Ascendas India Trust 3QFY2012/2013

Results for 3Q FY2012/2013 released on 22th Jan 2013

DPU                                                      =  1.21 cents
Total Property Income                            =  $31.7m
NPI                                                        = $18.6m
Income Available For Dist                       = 1.34 cents
NAV                                                       = 0.61 cents
Interest Cover                                          = 4.2
Gearing                                                    = 21%
Percentage Fixed Rate Debt                     = 100%
Average Cost Of Debt                              = 6.0%
Debt Headroom (40% Gearing)                = $239m

Currently at S$1 to INR 44.1.

Sunday, October 28, 2012

Ascendas Indis Trust 2QFY2012/2013

Results for 2Q FY2012/2013 released on 25th Oct 2012

DPU                                                      =  1.2 cents
Total Property Income                            =  $31.9m
NPI                                                        = $19.0m
Income Available For Dist                       = 1.34 cents
DPU                                                       = 1.20 cents
NAV                                                       = 0.64 cents
Interest Cover                                          = 4.1
Gearing                                                    = 22%
Percentage Fixed Rate Debt                     = 100%
Average Cost Of Debt                              = 6.1%
Debt Headroom (40% Gearing)                = $230m

Currently at S$1 to INR 44.1. Largest tenant account for 5% of portfolio rent. A $100m Private Placement at 72 cents this quarter. SGD strengthen against IDR by 16% yoy.

Tuesday, July 24, 2012

Ascendas India Trust 1QFY2012/2013

Results for 1Q FY2012/2013 released on 24th Jul 2012

DPU                                                      =  1.2 cents
Total Property Income                            =  $32.0m
NPI                                                        = $17.8m
Income Available For Dist                       = 1.33 cents
DPU                                                       = 1.20 cents
NAV                                                       = 0.59 cents
Interest Cover                                          = 4.2
Gearing                                                    = 33%
Percentage Fixed Rate Debt                     = 100%
Average Cost Of Debt                              = 6%

Currently at S$1 to INR 43.5. Largest tenant account for 5% of portfolio rent.

Friday, April 27, 2012

Ascendas India Trust Q4 FY2011/2012

Results released on 27/4/2012

Total Property Income                         = INR 1353m ($34.3m)
Net Property Income                           = INR 765m ($19.4m)
Profit Before Tax                                 = INR 554m ($14m)
Distributable Income                            = INR 442m ($11.2m)
DPU                                                    = INR 57.5 (1.46 cents)
SGD/INR FX Rate = 39.5

Interest Cover                      = 4.0
% Of Fixed Debt Rate          = 100%
Gearing                                 = 29%
Weighted Abg Cost Of Debt = 6.2%
NAV                                     = 0.71 cents


Thursday, January 26, 2012

Ascendas India Trust 3Q FY11/12

Results for 3Q FY2011/2012 released on 26th Jan 2012

3Q FY2011/2012 DPU                         =  1.5 cents
YTD FY2011/2012 DPU                      = 4.54 cents
NAV (as at 31th Dec 2011)                  = $0.7 (compare to $0.8 as at March 2011)
Interest Cover                                       = 3.8
Gearing                                                 = 24.6 %
Effective Weighted Avg Cost Of Debt  = 6.0 %
Total Assets                                          = $992,962,000
Total Liability                                       = $416,513,000
Net Assets                                             = $576,449,000

largest customer form 6.8% of portfolio base rent!

*SGD appreciated by 16% over the INR over the last one year. Currently at S$1 to INR 40.