Country Country Club India is the country’s biggest chain of family clubs (recognized by the Limca Book of World Records). It is a company of 200,000 members comprising 650 corporate clients (Microsoft, Satyam Computers, Brooke Bond Lipton (India) Ltd, CMC Ltd and Dr. Reddy’s Laboratories Ltd. among others)
Guinness Book of World Records has recognized CCIL’s Earth Hour social responsibility. Thus. it is recognized by the Guinness Book of World Records. It has state-of-the-art clubbing facilities, innovative family holiday packages and star-studded entertainment events.
It offers wide range of member centric facilities including real-time online Holiday Booking & Payment Gateway, state-of-the-art Club Houses, luxuriously furnished and fully equipped guest cottages, suites and rooms, multi-cuisine restaurants, lounge & resto-bars, modern gyms with Spa, Massage, Steam & Sauna facilities, floating spa, jungle safari, Ayurvedic & Naturopathy therapies, Yoga facilities, and many more.
In India it is present in:
(xii) Surat and
Internationally it is present in: Dubai, Abudhabi, Bahrain, Qatar, Oman, Kandy (Sri Lanka), Bangkok, among others.
Financials: The company came out with wonderful, set of consolidated numbers for the Q2FY13. The total sales of the company in Q2FY13 came out to be Rs.114.04 Cr as against Rs.80.75 Cr in the same period previous year. The net profit of the company for Q2FY13 came out to be Rs.11.90 Cr as against Rs.10.79 Cr in the same period previous year. The EPS of the company for Q2FY13 came out to be Rs.1.33 as against Rs.1.21 in the same period previous year. In the June, 2012 quarter, the EPS was Rs.1.02. Therefore, for the Full Year (FY13), the total EPS could come out as Rs.4-5. This naturally gives the share price of the company around Rs.35--40, even taking conservative estimates.
I would therefore, reiterate a buy on the scrip with a target of Rs.15-17, in the coming days. It is expected to make new 52-week high in the coming days.