@1957 Great report, thanks for sharing. what are your thoughts on the promotor holding being less (39.27%)? How do you look at this?
Posts in category Value Pickr
MKVentures Capital Ltd (26-06-2024)
I am unable to understand the business model of this company. It borrowed 249 cr in FY 23 and repaid the loan in FY24. Is this company only on the abilities of Mr Madhu Kela and if it is so then Why Jio Finance with a stronger hand is not a better option. Let’s hope some clarity comes out after the AR 24.
Tejas Networks – Product based IT business in a favored sector? (26-06-2024)
Tejas Networks Mr. Arnob Roy attending the India-US Initiative on Critical and Emerging Technology (iCET) industry roundtable, including Ajit Doval National Security Advisor India & Jake Sullivan National Security Advisor USA
Seated besides him Rajesh Pankaj Rajesh Pankaj - Greater Philadelphia | Professional Profile | LinkedIn previously EVP InterDigital & ex Sr.Vp Qualcomm
The USAID is also being involved and helping with the funding for the development of 5G & ORAN
For list of participating entities refer below article
Also they have setup an office recently at IIT Madras Research Park as their entire core wireless team was from Midas Communications which was an incubator based out of IITM
Also the BharatNet Project Phase 3 could be due in a month or two with some orders to trickle down further to Tejas
Wonderla Holidays (26-06-2024)
Wonderla Holidays -
Q4 and FY 24 highlights -
Q4 outcomes -
Revenues - 99 vs 98 cr
Adjusted EBITDA - 42 vs 56 cr, down 26 pc ( margins @ 40 vs 50 pc, addition of new employees for Bhuvneshwar park and salary hikes contributed to margin decline )
PAT - 22 vs 35 cr, down 35 pc
ARPU @ Rs 1349 vs 1184
Footfalls @ 7.09 vs 8.04 lakh
FY 24 outcomes -
Revenues - 483 vs 429 cr, up 13 pc
Adjusted EBITDA - 251 vs 235 cr, up 7 pc ( margins @ 50 vs 52 pc )
PAT - 158 vs 148 cr, up 6 pc
ARPU @ Rs 1430 vs 1243, up 15 pc
Footfalls @ 32.5 vs 33.1 lakh, down 2 pc
Park wise footfalls for FY 24 -
Bengaluru - 12.7 vs 12.04 lakh
Kochi - 10.33 vs 11.39 lakh
Hyderabad - 9.49 vs 9.67 lakh
New Park near Bhuvneshwar to open for public wef 24 May 24. This will contribute 36 days of revenues for the company. This park should be a key growth driver for FY 25
New Park near Chennai to be operationalised in next FY by end of Q2, beginning of Q3. Chennai park is going to be twice in Size vs that of Bhuvneshwar Park
Company believes that drop in footfalls in Q4 were led by advancement in some examination dates @ both school and colleges. Also Q4 LY was strong due to a post COVID bounce
Don’t see much footfall growth in Bengaluru, Kochi in FY 25. Do see some growth in Hyderabad ( low double digits ). Looking at 8-10 pc ARPU growth from these three parks
On a conservative basis - Bhuvneshwar park should clock 4 lakh kind of footfalls @ ARPU of around Rs 900. That translates into an additional revenue of 36 cr or so for FY 25
Looking at Gujarat, PB, UP and MP to open new parks. Will sign definitive agreements post elections. Aim to keep opening a new Park every FY for next 3-4 yrs
May end up raising both debt and equity in case going for aggressive expansion
Expecting Bhuvneshwar park to be EBITDA positive wef FY 25
Company depreciates its equipment and machinery installed in the Parks over a period of 10 yrs
Company ensures a high degree of differentiation wrt the rides / experiences among its parks
Disc: added a tracking position, not SEBI registered, Biased
Ranvir’s Portfolio (26-06-2024)
Wonderla Holidays -
Q4 and FY 24 highlights -
Q4 outcomes -
Revenues - 99 vs 98 cr
Adjusted EBITDA - 42 vs 56 cr, down 26 pc ( margins @ 40 vs 50 pc, addition of new employees for Bhuvneshwar park and salary hikes contributed to margin decline )
PAT - 22 vs 35 cr, down 35 pc
ARPU @ Rs 1349 vs 1184
Footfalls @ 7.09 vs 8.04 lakh
FY 24 outcomes -
Revenues - 483 vs 429 cr, up 13 pc
Adjusted EBITDA - 251 vs 235 cr, up 7 pc ( margins @ 50 vs 52 pc )
PAT - 158 vs 148 cr, up 6 pc
ARPU @ Rs 1430 vs 1243, up 15 pc
Footfalls @ 32.5 vs 33.1 lakh, down 2 pc
Park wise footfalls for FY 24 -
Bengaluru - 12.7 vs 12.04 lakh
Kochi - 10.33 vs 11.39 lakh
Hyderabad - 9.49 vs 9.67 lakh
New Park near Bhuvneshwar to open for public wef 24 May 24. This will contribute 36 days of revenues for the company. This park should be a key growth driver for FY 25
New Park near Chennai to be operationalised in next FY by end of Q2, beginning of Q3. Chennai park is going to be twice in Size vs that of Bhuvneshwar Park
Company believes that drop in footfalls in Q4 were led by advancement in some examination dates @ both school and colleges. Also Q4 LY was strong due to a post COVID bounce
Don’t see much footfall growth in Bengaluru, Kochi in FY 25. Do see some growth in Hyderabad ( low double digits ). Looking at 8-10 pc ARPU growth from these three parks
On a conservative basis - Bhuvneshwar park should clock 4 lakh kind of footfalls @ ARPU of around Rs 900. That translates into an additional revenue of 36 cr or so for FY 25
Looking at Gujarat, PB, UP and MP to open new parks. Will sign definitive agreements post elections. Aim to keep opening a new Park every FY for next 3-4 yrs
May end up raising both debt and equity in case going for aggressive expansion
Expecting Bhuvneshwar park to be EBITDA positive wef FY 25
Company depreciates its equipment and machinery installed in the Parks over a period of 10 yrs
Company ensures a high degree of differentiation wrt the rides / experiences among its parks
Disc: added a tracking position, not SEBI registered, Biased
Roto Pumps – Fluid Engineering Company (26-06-2024)
Thanks for quoting my Tweet Jitendra Ji. I would like to thank the members of this forum for their useful information
MapMyIndia – The Map Company (26-06-2024)
Promoters are starting company in a related field
Why would promoters start a company in a related field on their individual name and not on the name of the company ??
Plus, the owners also recently sold stake in the company… Another negative sign…
Infact the institutional shareholding is also low… Another negative sign…
Little is known about the management of the company… I hope the intentions of the management are clean…
Supriya Lifescience Ltd – pure play API (26-06-2024)
Article talks about setting an academy in Ahmedabad To Set Up Global Academies In Ahmedabad, Hyderabad
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“Ensuring good manufacturing practices is now a priority over pricing,” said Jain. Prices of pharma drugs are about 65% lower in India than in other big countries, Jain said, citing a study by IPA. Hence, the body has dealt with the pricing already, according to him. However, IPA is planning to improve its partnership and supply chain with the US to make drugs more affordable in both nations.
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The overall percentage of OAIs on Indian pharmaceutical companies had halved to 13% in 2023 from 26% in 2014. Although gaps in practices, maintenance of facilities and ancillaries, and investigations not being done versus the written procedures have risen to 23%, there is a drop of 3–4% seen in violations found in capability, training, lab controls and core manufacturing processes.
Read more at: Indian Pharmaceutical Alliance To Set Up Global Pharma Academies In Ahmedabad, Hyderabad
Disclosure: Invested in Supriya Life science, Aarti Pharmalabs and Natco Pharma.