concall is scheduled on 8th May. https://nsearchives.nseindia.com/corporate/BASILIC_02052024183859_Prior_Intimation_of_Investors_Analysts_Call.pdf
Posts in category Value Pickr
IDFC First Bank Limited (03-05-2024)
There is a video on youtube showing jeferries report if you do not want to create scribd account and download: https://www.youtube.com/watch?v=Kgo541gBcr4
Happiest Minds Technology (02-05-2024)
Happiest Mind acquires PureSoftware for 780 crores.
https://www.business-standard.com/companies/news/happiest-minds-to-acquire-noida-based-puresoftware-for-94-5-million-124042500586_1.html
Couple of pointers from this interview.
PureSoftware Acquisition Will Be EPS Accretive From Day 1: Happiest Minds Technologies | CNBC TV18
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Revenue growth of PureSoftware is strong, last year they closed at $45 million. (351 cr topline last year on consolidated basis. )
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This acquisition will be EPS accretive from Day 1.
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Margins are not given yet for PureSoftware but it’s a reasonable good margin and healthy business. Long standing margins guidance 22-24% still intact with this acquisition. There is room for further margin improvements with efficiencies that will come with integration in next 3-4 quarters.
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BFSI and Healthcare → 50% comes from both of it. Addition 1200 employees.
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Focus is to keep growing not at cost of profitability.
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144 crores is still deferred based on them achieving certain revenue and margin targets by end of 2024.
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Happiest Mind has a USD 200 million dollar revenue currently, with this acquisition, top line would be increased by USD 245 million and BFSI and Healthcare would increase to USD 52.5 million for both.
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Post this acquisition 600 crores would be left on book.
Berkshire AGM 2024 – In Person Attendance (02-05-2024)
Hi Everyone. Going to be in Omaha for the 2024 meeting of Berkshire Hathaway. If any one of you plan on coming down, would be good to catch up.
Skipper Ltd., (Power and Water) a moat in making? (02-05-2024)
Skipper management in Q4-FY24 concall said they move to new tax regime(25% tax rate ) in FY25
Basilic Fly Studio Ltd (02-05-2024)
What does the group here thinks about the current fiasco of revised P&L statement? Revised result are good, however, it feels like management may have lost trust.
Although, just to be fair on them, they are really new to all the stock market processes and these sort of things can happen, but I am new to stock market so cannot say anything for sure, would love to hear others opinion on how to interpret it. Also, does anyone know when would be the concall for these results? Are SME stocks supposed to do concall? They did one for previous half yearly results.
I still believe in the overall trend of VFX outsourcing to India and have seen multiple reddit sub threads claiming the same thing and with government push, I do believe this will be a 100 billion USD industry in next 10 years.
Disc: Invested and biased.
Bajaj Finance Limited (02-05-2024)
RBI lifts restrictions on Bajaj Finance’s digital loan products https://www.financialexpress.com/business/banking-finance-rbi-lifts-restrictions-on-bajaj-finances-digital-loan-products-3475570/
Gurugram Valuepickr (02-05-2024)
Joined the group! Happy to meet you all in Gurgaon
Priyank’s Portfolio (02-05-2024)
@abhishek_sinha Sorry, I am not sure if I can disclose this over a public platform.
One way to find answers could be by reviewing various fund houses (especially their past analyst teams). Some of them have/had competent analysts who started/ran their firms providing various services.
ValuePickr Pune (02-05-2024)
Happy to meet folks in Pune if any plans around May end. Also if someone can share the whatsapp group joining link here, would be great as well. Thanks.