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Fairfax India Holdings Corporation (T:FIH.U)

Business Focus: Holding Companies

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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 2019, Fairfax India Holdings Corp revenues decreased from $54.7M to -$31.7M. Net loss totaled $52.6M vs. income of $28.8M. Revenues reflect Net change in unrealized gains (losses) decrease from $41.3M to -$39.5M, Interest decrease of 55% to $3M, Net realized gains (losses) on investmen decrease from $15K to -$1.3M. Net loss reflects Audit, legal and tax professional fees increase of 57% to $844K (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $2,125M as of Mar 31, 2019
Annual revenue (TTM): $114.93M as of Mar 31, 2019
EBITDA (TTM): $43.17M as of Mar 31, 2019
Net annual income (TTM): $15.02M as of Mar 31, 2019
Free cash flow (TTM): -$45.85M as of Mar 31, 2019
Net Debt Last Fiscal Year: $490.58M as of Mar 31, 2019
Shares outstanding: 152,631,481 as of Mar 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization