Bharat Forge finally wins the ATAGs contract as the lowest bidder. 184 of the 307 guns will be manufactured by BF, at 20Cr a piece it translates Rs.3680 Cr. 307 really doesn’t suffice for a defence force as big as ours. There could be more orders coming through in the short-medium term. Now for the Mounted gun Systems and the Ultra-light weight gun system, BF has an edge in both these platforms.
Posts in category Value Pickr
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (05-11-2024)
cost of petrol- Rs 42 +8% refining+ 4% import freight, etc = 47.
average Ethanol @60 is 30% higher. maize ethanol is 72 !!
all costs after this like dealer commission, last mile transport, etc are all common as it is blended.
We have got it all terribly wrong… and is reflected in losses of sugar companies… few of them will shut down.
I wonder why grain based ethanol companies are not shutting down.
Mahanagar Gas Ltd – a natural monopoly (05-11-2024)
Thanks Vego for clarifying. 6.5 to 9 is 38% increase. So using your analogy there is rougly 314Cr increase in Purchase of Stock in Trade. Net Profit for Q2 was 283Cr. So entire profit may be wiped off if the increase is so much.
BCL Industries – Ethanol Pick (Capacity 3.5x in Next 2 Yrs) (05-11-2024)
Thanks for the insight into low input prices and how it helped in better PAT – i was wondering how they managed to do it when maize prices were more than Rs. 25/kg . That means Q3 could be very low profits. As prices have starter coming down in October that could be some relief. But i expect prices to come up again by Dec as more grain based ethanol capacity has been added.
Mahanagar Gas Ltd – a natural monopoly (05-11-2024)
My mistake I took figures from Screener. in for quarter Sept 2024 ( 1313x 0.63= 827 cr), still percentage wise the calculation should hold, Correct me if I am mistaken !
SMC -Global Securities Ltd. — Moneywise Long Term (04-11-2024)
Anyone tracking this stock? The fundamentals tell a very rosy picture imo. Not sure why the less PE. Also given this stock is both into broking and lending, should it be judged by PE or PB or both?
Cantabil India – Betting on Tier 2 and Tier 3 Consumption (04-11-2024)
Management Guidance given in Q2FY25.
• Volume Growth:
The company expects volume growth of 15-18% for FY25, driven by new store openings and organic growth from existing stores.
• Store Expansion:
Cantabil plans to open 70-80 new stores in FY25, with a mix of company-owned and franchise stores. This includes the 11 stores already opened in Q1 FY25.
• Same-Store Sales Growth (SSG):
Management expects 4-5% of overall growth to come from same-store sales (SSG), with the rest from new stores and slight increases in e-commerce.
• EBITDA Margin:
They expect to maintain their EBITDA margin at around 27-28% (post-Ind AS), supported by cost control and higher sales volumes.
• Geographical Expansion:
The company plans to focus on expanding within its current territories for the next two years before considering entry into new markets like South India.
Olectra Greentech – Electric Bus Opportunity (04-11-2024)
As per the order book, Olectra has ~ 10000 buses order but capacity is scaling to 5000 buses/year by FY25 end.
I think JBM already has 5000 buses capacity & Order book is also ~ 5000 with recent wins of PM E- seva and private bus order of 2000.
JBM is in strong position to deliver buses quickly after order win, Olectra may take 2.5 years to complete the existing order book
Companies With First ever concalls OR Investor Presentations (04-11-2024)
Based on SHP , stock seems like Retail trapping.
disc : Not tracking.