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Fairfax India Holdings Corporation (T:FIH.U)

Business Focus: Holding Companies

Sector:  Financials Industry:  Holding Companies
 
See Regulatory Filings on SEDAR
Company Contact
Address: 95 Wellington St W Suite 800
TORONTO ON M5J 2N7
Tel: N/A
Website: https://www.fairfaxindia.ca
IR: See website
Key People
N/A    
Business Overview
Fairfax India Holdings Corp is a Canada-based investment holding company. The Company's investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business conducted in or dependent on India. The Company operates through investing in India segment. The Company focuses on investing in businesses that benefits India's pro-business political environment and its growing middle class and its demographic trends. The Company makes its investments through its subsidiaries, which include FIH Mauritius Investments Ltd and FIH Private Investments Ltd.
Financial Overview
For the three months ended 31 March 2020, Fairfax India Holdings Corp revenues decreased from -$28.5M to -$295.4M. Net loss increased from $52.6M to $253.8M. Revenues reflect Foreign Exchange Gain/Loss - Unrealized decrease from $4.2M to -$32.2M, Interest decrease of 9% to $2.8M. Higher net loss reflects Other increase from $56K to $169K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.34 to -$1.67.
Employees: 11 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $1,545M as of Mar 31, 2020
Annual revenue (TTM): $445.81M as of Mar 31, 2020
EBITDA (TTM): $374.88M as of Mar 31, 2020
Net annual income (TTM): $315.11M as of Mar 31, 2020
Free cash flow (TTM): $36.61M as of Mar 31, 2020
Net Debt Last Fiscal Year: $477.13M as of Mar 31, 2020
Shares outstanding: 151,642,275 as of Apr 20, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization