Thanks, any sources for above ?
Posts in category Value Pickr
Swing trading at support (02-02-2024)
Many things are discussed in these threads, not necessarily swing trades but trades based on technicals.
Nuvoco Vistas Corporation Ltd (02-02-2024)
Nuvoco Vistas Corporation Ltd
12700 cr Mcap
- Company Background:
- Nuvoco Vistas Corporation Ltd (NVCL) is one of India’s largest cement companies and concrete manufacturers, with a consolidated capacity of 22.32 MMTPA. The company offers a diverse range of products, including cement, Ready-mix Concrete (RMX), and modern building materials.
- Part of Nirma Group:
- NVCL is a part of The Nirma Group, a diversified conglomerate involved in various industries, including chemicals, detergents, soaps, healthcare products, and real estate development. The Nirma Group entered the cement business in 2014 and expanded through acquisitions, including Lafarge Holcim’s Indian cement business in 2016 and NU Vista from the Emami Group in 2020.
- History of Nuvoco Vistas Corp. Ltd :
1999: Entry into Cement Business:
Lafarge India entered the cement business in 1999 through the acquisition of the cement business from TISCO (Tata Iron and Steel Company) and Raymond Ltd.
2008: Acquisition of Ready Mix Concrete Business:
In 2008, Lafarge India made a strategic move by acquiring the Ready Mix Concrete (RMC) business of L&T (Larsen & Toubro) for an estimated value of 1480 crore.
2016: Acquisition by Nirma Group:
Nirchem Cement, a wholly-owned subsidiary of the Nirma Group, made a significant move in 2016 by acquiring all the assets of Lafarge India for an impressive Rs. 9600 crore. This acquisition marked a pivotal moment in the company’s growth and expansion.
Name Change to Nuvoco Vista:
Following the acquisition by the Nirma Group, there was a strategic decision to rebrand. The company underwent a name change and adopted the new identity of Nuvoco Vistas Corp. Ltd.
2020: Acquisition of NU Vista (Emami’s Cement Business):
In 2020, Nuvoco Vistas Corp. Ltd. further expanded its portfolio by acquiring NU Vista, the cement business of Emami Group. This acquisition was valued at Rs. 5500 crore and played a key role in strengthening Nuvoco’s position in the Indian cement industry.
Business Segments Overview:
- Cement:
- Ranked 5th largest cement group in India, leading in East India.
- Total Capacity 25 MT.
- Operates 11 plants in East and North India.
- Five integrated units, five grinding units, and one blending unit.
- Diverse product portfolio: Concreto, Duraguard, Double Bull, PSC, Nirmax, Infracem.
- Dominant in East, significant presence in North India.
- Sustainability focus: Alternative fuel use, blended cement promotion, Waste Heat Recovery.
- Ready Mix Concrete (RMX):
- Industry leader with 50+ plants nationwide.
- Provides concrete solutions to diverse clientele.
- Contributed to landmark projects: Nazrul Tirtha, Lodha World One, etc.
- Quality assurance is a priority in a competitive market.
- Innovation-driven, committed to environmentally beneficial products.
- Modern Building Material (MBM):
- Key differentiator for Nuvoco.
- Product suite includes Construction Chemicals, Bonding Agents, Wall Putty, Tile Adhesive, Ready-Mix Dry Plaster, Cover Blocks.
- Targets both individual homeowners and professionals.
- Marketed under Zero M and InstaMix Brands.
- High customer value perception for unique solutions in waterproofing and germ protection.
Ramco Cement:
Consistently profitable, 5,000 crores debt, Pays 350 crores in annual interest.
Nuvoco Vistas Corp. Ltd:
Experiences both profits and losses, 5,000 crores debt, Pays a higher annual interest of 550 crores, which impacts profitability.
Carysil (earlier Acrysil) – Kitchen sinks (02-02-2024)
Carysil
Carysil Nearly after 2 years of Consolidation and 50% Correction stock has Shot up 100% up from the Bottom What Happened?
Company was Badly Impacted because Export Contributes 75% of the Business from Europe, UK and USA region i.e Political Issue and Holding 200000 Capacity expansion of Quartz Sink
Company has Given Guideline of 1000 Cr Revenue BY FY25 But I am Expecting It May Touch in FY26, Since I have been tracking managements Con Call they have been Always over estimating and Delivering Lower
Sink Capacity Doubled That is from 90K To 180K and Quartz Sink Capacity At 10L P.a
Company Fully Utilized existing Capacity expansion, So Company Acquired 60000 Sq.Mt for Future expansion
Acquisition & Cross Selling has always been in Company Favor through Earlier decision like 100% Stake in Homestyle ,Tickford,Tap Factory in Europe ,Uk Resulting in Growth of the Company gradually
Expanding to New Geography from Existing 55+ To 70 in Next 3 Years, As 75% of the Business Comes from Export, so going forward it will help in Top Line
Quartz Sink Contributing 46% of the Business and Currently At 60% Utilization and Guiding for 80% End of FY24 on new Customer Acquisition As Quartz sink in demand in India likely to go up due to luxury lifestyle and Real Estate Performing Well now and Expecting Rs 200 Cr Sales From Domestic Region From Current 100-120 Cr Sales
Company Done Recently Acquisition of Granite LLC as its one the fastest Growing Segment in Home Improvement Space Across the Region and this will Result in 120-130 Cr Top line at 90% Capacity Utilization
Company is Sable to Grow Market share from Competitor due to Quality and Cost of the Product in Europe
Stainless Sink Supply to IKEA Will commence from Q4FY24 Which been Already delay so we need to check on these too.
Company Distribution Network Jump From 1500+ to 3200 Pan India
Q3FY24 Will Update Soon
Swing trading at support (02-02-2024)
i buy at support and sell at 5% gain,
what are the strategies you follow in swing trading?
Indotech – A turnaround story? (02-02-2024)
(post deleted by author)
HDFC Bank- we understand your world (02-02-2024)
Can you do another calculation when instead of 100 , you distribution only 20 and keep 80 for growth and rest via dilution ?
Also, a company gets a part of premium when it pays dividend, stop paying dividend and sell pressure will start from dividend seeking funds/institutions.
Dividend matters a lot for many big institutions , check the price of meta stock today when it announced its first dividend , and check the fall in Disney stock in past when it had announced in it would stop dividend.
MapMyIndia – The Map Company (02-02-2024)
@Akshay_Jain2 1st point mentions milestone of INR 100 cr in quarterly income, but 2nd point says 92 cr for Q3. Arnt both these points contradictory?
Also, as per screener, revenue in Q3 is 76+12 cr = 88 cr.
So we have 3 different numbers for Q3 – 100cr, 92cr and 88cr.
Is China investible? (02-02-2024)
The US has a lot of incentive to not act on high inflation. For one their debts will get inflated away. Something like this happened in the 50s/60s when post world war 2 the US had a lot of debt.
Second the longer inflation remains high, the more money would flow to the US due to higher treasury yields. The biggest moat for a country for AI is the quantity of compute it has. If US remains the most preferred destination for capital then they would have a disproportionate advantage in access to compute.