POWERFUL WOMEN
46
Prev Rank: 45
Anuradha Desai,
Chairperson, VH Groupage: 54
Venky's FY16 sales jumped 20% to cross the Rs 2,000 crore mark, while profits zoomed almost 60%. The stock price has recovered smartly from the year’s low of Rs 219 and is trading at Rs 535. However, at a time when food company stocks are much in demand, Venky’s commands only half the PE ratio of its peers. The company’s stock is not owned by any mutual fund, indicating a lack of interest from informed investors. The market capitalisation of the company is just Rs 755 crore, meaning investors value the company much below its sales. This could either mean that wouldbe investors are not confident of the company's management skills or have concerns over governance.
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