As per Annual Report FY23, Apart from Mr Chandran, nobody in the company is paid compesation more than 6 LPA.
How can one hire talant (CFO, COO etc) at this cost? Is this sort of compensation a norm in Cotton Yarn Industry?
Posts in category Value Pickr
Sheela Foam – An exciting branded play (04-05-2024)
Notes from Q3FY24 concall:
- Mkt share : sleepwell – 19, kurlon – 11, total – 29%
- sleepwell strong in north n west, kurl-on on east and south.
- kurlon acquisition ramping up.
- furlenco not yet PAT level profitable, will be by feb 24.
- There are efficiencies or expertise of their respective companies.
- Kurlon has a high level of expertise in rubberised coir, making those coir, which we used to buy from outside.
- We manufacture foam much more efficiently than Kurlon. Approximately our yield is 10% higher to them.
- We are able to service our customers from the nearest distance possible. So our freight cost is going down. So these are the things which definitely yield – would yield tangible benefits to the bottom line.
- Once synergy is build, can increase mkt share.
Sheela Foam – An exciting branded play (04-05-2024)
Notes from Q3FY24 concall:
- Mkt share : sleepwell – 19, kurlon – 11, total – 29%
- sleepwell strong in north n west, kurl-on on east and south.
- kurlon acquisition ramping up.
- furlenco not yet PAT level profitable, will be by feb 24.
- There are efficiencies or expertise of their respective companies.
- Kurlon has a high level of expertise in rubberised coir, making those coir, which we used to buy from outside.
- We manufacture foam much more efficiently than Kurlon. Approximately our yield is 10% higher to them.
- We are able to service our customers from the nearest distance possible. So our freight cost is going down. So these are the things which definitely yield – would yield tangible benefits to the bottom line.
- Once synergy is build, can increase mkt share.
VP Group Navi Mumbai (04-05-2024)
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brief Intro about you.
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VP Group Navi Mumbai (04-05-2024)
Hello. Thank you for your interest in joining the group. Please DM me with your
Name:
Mobile:
brief Intro about you.
Thank you.
Ugro Capital – Opportunity To Invest in a Fintech-like Company Below Book Value (04-05-2024)
Book value would increase stupendously by equity infusion… the dilution would if done today would result in 45 percent extra share and equity would double ….yes after that book value would hardly increase with profit 14 cr share and 140 cr profit would increase 10 rs but equity infusion would substantially increase book value
Ugro Capital – Opportunity To Invest in a Fintech-like Company Below Book Value (04-05-2024)
Book value would increase stupendously by equity infusion… the dilution would if done today would result in 45 percent extra share and equity would double ….yes after that book value would hardly increase with profit 14 cr share and 140 cr profit would increase 10 rs but equity infusion would substantially increase book value
ValuePickr- Mumbai (04-05-2024)
Im interested to join Mumbai group!!
ValuePickr- Mumbai (04-05-2024)
Im interested to join Mumbai group!!