PCB approvals are electronic now. Though you do spend some bucks in getting it, It is not as tough as it used to be. Seems it will be tough for chemicals/ Pharma companies given the stuff they are dealing.
Same, Staying put for another quarter and begging dear god that they don’t come up asking another week.
Today was a 6% drop, Waiting to see if it will drop anymore and would top up (≈ 300) will be sweet.
Posts in category Value Pickr
Natural Capsules – Pharma play with solid fundamentals (12-02-2024)
ITC: “Will”(s) “Gold Flake” assist “Ashirwad” to win “Bingo!”? (12-02-2024)
PPFAS added more ITC in Jan 2024.
I would still wait for base formation as the stock just broke the 200DMA but overall good time to add.
P.S. Looking to add to current position.
TCI Express – Logistics Sector niche player (12-02-2024)
Another flat results with margin slightly going down and net WC days going up.
Management comments :
Pune sorting center is on track for completion by the end of March 2024. This strategic move is expected to significantly reduce downtime, streamlining processes and improve overall operational efficiency.
In short, We may have to wait for more quarters for the stock to move up. Price hikes may not be that easy as competitors like Delhivery is trying to pass on benefits to customers in the form of discounts as they scale their operations. Delhivery posted their first profit with 5000 cr in their balance sheet.
Source for the snaps :q3 fy24 investor presentation.
Disclosure : Invested
TCI Express – Logistics Sector niche player (12-02-2024)
![Screenshot_2024-02-12-15-53-21-(upload://xrk1lZP4r9D614aWupauiJihSVf.jpeg)
Another flat results with margin slightly going down and net WC days going up.
Management comments :
Pune sorting center is on track for completion by the end of March 2024. This strategic move is expected to significantly reduce downtime, streamlining processes and improve overall operational efficiency.
In short, We may have to wait for more quarters for the stock to move up. Price hikes may not be that easy as competitors like Delhivery is trying to pass on benefits to customers in the form of discounts as they scale their operations. Delhivery posted their first profit with 5000 cr in their balance sheet.
Source for the snaps :q3 fy24 investor presentation.
Disclosure : Invested
Skipper Ltd., (Power and Water) a moat in making? (12-02-2024)
Such a lackluster result .Feel bad for not lightening up after the remarkable run.
Skipper Ltd., (Power and Water) a moat in making? (12-02-2024)
Such a lackluster result .Feel bad for not lightening up after the remarkable run.
Eco Recycling Limited (Ecoreco (12-02-2024)
| QoQ Performance | YoY Performance | ||||
|---|---|---|---|---|---|
| INR Cr | Q3FY24 | Q2Y24 | QoQ | Q3FY23 | YoY |
| Revenue from Operation | 7 | 7 | 5.21% | 4 | 107.50% |
| Gross Profit | 7 | 6 | 17.45% | 3 | 116.23% |
| Gross Margin | 87.4% | 78.3% | 83.9% | ||
| EBITDA | 5.1 | 4.2 | 23.61% | 1.7 | 209.04% |
| EBITDA Margin | 68.7% | 58.5% | 46.1% | ||
| Net Profit | 5.7 | 6.1 | -6.37% | 3.8 | 50.39% |
| PAT Margin | 76.71% | 86.20% | 105.83% |
Good margin expansion, revenue probably impacted by fire incident, concall tomorrow
Eco Recycling Limited (Ecoreco (12-02-2024)
| QoQ Performance | YoY Performance | ||||
|---|---|---|---|---|---|
| INR Cr | Q3FY24 | Q2Y24 | QoQ | Q3FY23 | YoY |
| Revenue from Operation | 7 | 7 | 5.21% | 4 | 107.50% |
| Gross Profit | 7 | 6 | 17.45% | 3 | 116.23% |
| Gross Margin | 87.4% | 78.3% | 83.9% | ||
| EBITDA | 5.1 | 4.2 | 23.61% | 1.7 | 209.04% |
| EBITDA Margin | 68.7% | 58.5% | 46.1% | ||
| Net Profit | 5.7 | 6.1 | -6.37% | 3.8 | 50.39% |
| PAT Margin | 76.71% | 86.20% | 105.83% |
Good margin expansion, revenue probably impacted by fire incident, concall tomorrow
Salzer Electronics (12-02-2024)
Q3FY24: Decent results by the company. I am very much interested in the EV charger vertical, which can generate good revenue in the coming few years.
We may expect 100-150 Cr revenue from this product in FY25 and it will increase to 500Cr in the 2-3 Years time.
Salzer Electronics (12-02-2024)
Q3FY24: Decent results by the company. I am very much interested in the EV charger vertical, which can generate good revenue in the coming few years.
We may expect 100-150 Cr revenue from this product in FY25 and it will increase to 500Cr in the 2-3 Years time.