Thanks a lot for providing such a user-friendly platform. A lot of information about mutual funds’ holdings are visible, but how to check the holdings of small cases? Please clarify.
Posts in category Value Pickr
Heritage Foods Ltd (08-06-2024)
Let’s see it mathematically
Revenue: 3794 Cr
EBITA margin (average from past): 11% (revenue from value added products will increase over time thereby increasing margins)
EBITA: 417 Cr
Profit after tax @25%: 266 Cr
EPS: 28.53
considering industry median PE @35;
price per share comes at 998/-
@Hemant_Kumar2 Please provide if you have any anti-thesis, it would help us.
Prataap Snacks Ltd – Set for a crunchy bite! (08-06-2024)
Management Initiatives for increasing the topline:-
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Namkeen segment - Currently only 25% of the outlets have Namkeen available(As the taste of Namkeen varies according to the region and currently only Indore plant has the capability to manufacture Namkeen). The management wants to increase its availability through range selling, Sales force automation and entry into modern trade and quick commerce. Management has already developed the products and will launch the products in East India and South India over next couple of months. They expect to increase the sales by 4-5% from this move. Currently Namkeen’s contribution to total revenue is about 16%.
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Jammu Plant - The Jammu plant has been commissioned in March 2024 and the management expects to target areas like J&K, Punjab and Himachal which were earlier less accessible due to logistics issues. The management expects to generate 10 crores of revenue per month from this plant going forward.
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Quick commerce - The management has taken the initiative to get themselves listed on Dmart and Reliance. The supply should start from Q125 itself. The potential could be 50 crores per year from these 2 outlets.
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PLI scheme eligibility - The management needs to maintain 10% CAGR growth till FY 2027 (Base year for calculation - FY 20) in topline to be eligible to receive PLI benefits. Management have fulfilled the CAPEX criteria and the PLI benefits should start to kick in from FY 25.
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Export market - They have received few orders from Oman market and the management will also participate in the upcoming conference in Dubai and they are hopeful of achieving 50-100 crores of topline in the next 1-2 years
Overall the management expects to hit 500 crores of revenue on a quarterly basis by Q3 25 and an annualized revenue of around 1900 crores for FY 25 lead by major growth in Extruded snacks, Pellets and Namkeen. With EBITDA margins being around 9% we could expect EBITDA around 171 crores (21% increase yoy) and EPS around 27-28. Plus the management expects to further enhance the EBITDA margin by 2-3% by focusing on optimizing operation cost and reducing channel distributor margins.
SBI Cards & Payment Services Limited (08-06-2024)
Hi guys, I’m studying this company and wanted to understand the role of interest rate cuts on credit card companies.
If repo rates are cut, will the finance cost decrease? How will the cost change considering NCD, etc will also have change in their interest rates.
If cost of borrowing decreases, will they be forced to lower their interest rates which they charge as well?
Another question I’ve is regarding cashback. How does one make money in such scenarios? Are the cashback cost bore by the credit card or by the seller? Or it’s just a tactics?
Godawari Power – Any Trackers? (08-06-2024)
Pursuant to Regulation 29(1 )(b) of Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as ainended, it is hereby infomed that, a meeting of the
Board of Directors of the Company is scheduled to be held on Saturday, June 15, 2024, inter alia, to
consider a proposal for buyback of fully paid up equity shares of the Company of face value of €5
each as well as matters related/incidental thereto, in accordance with the applicable provisions under
the Companies Act, 2013 (including the rules and regulations framed thereunder), the Securities and
Exchange Board of India (Buy-back of Securities) Regulations, 20189 as amended, and other
applicable laws.
Godawari Power Buyback.pdf (417.6 KB)
It will be pertinent to note at what price management value GPIL.
E2E Networks Ltd – Listed small Cloud computing player (08-06-2024)
Netweb and Esconet don’t fall under the category of compute providers; rather, they serve as system providers. This is an important distinction because compute providers typically require robust software platforms, comprehensive developer documentation, APIs, and integration capabilities, none of which are their primary focus.
Moreover, both Esconet and Netweb are primarily engaged in the delivery of hardware systems and servers. Therefore, while they could potentially serve as clients in an end-to-end setup, they don’t operate on the same level as compute providers and are better characterized as clients rather than peers in this context.
Avanti Feeds (08-06-2024)
With La Niña conditions being predicted this year , how will the Indian shrimp industry be affected with respect to good fishing season expected during La nina in South America .All seniors request your views on the same .
AVG logistics stock (08-06-2024)
Found this in their earnings call transcript -
@Ashar_Mann could you please explain the same to me in the context of the AS 109 and 101 as I have almost zero knowledge in that area? However, will now try to check the accounting standards.
Technocraft industries (08-06-2024)
Hi,
Can anyone explain their interest costs. Their int costs for FY 24 is about 40 CR, but when I look into the balance sheet, the long term borrowing is only 127CR. Even if I take the total borrowing of 675 CR, at rougly 9% rate the interest should be some where close to 60 CR. Not sure what am I missing here.