A shift from unorganized to organized is the main play and thesis here
Posts in category Value Pickr
Kotyark Industries – Only Listed pure Biodiesel Player (29-01-2024)
Was interested by the numbers so went through the filings and annual report. Found some points which were a bit intriguing/strange. If anyone has any counter-points on the same; would be extremely helpful since the order book is growing at a rapid pace and it seems like a structurally growing business:
- FY22 Gross block on which company did 150 cr and presentation claims utilization of ~15-20% was 10 cr. So on a 10 cr gross block, company can do 750 cr sales? And make double digit margin on the same? Seems too good to be true. What am i missing?
- CFO salary was only 3 lakhs. Seems too low for a company that does 100 cr+ of sales
- Hard to find any employees on LinkedIn/company page on LinkedIn.
- Some of the costs for eg. manufacturing cost of only ~15 lakh for a 100 cr+ revenue company seems too low.
- Value of RPTs with sister company Yamuna is quite high. Anyone have any insights on the corporate structure and the reason behind these being 2 separate entities?
SmallCap Hunter : Trying to find the dark horses with triggers (29-01-2024)
All E technology …IT, AI/ML
Rox hi-tech…IT, AI/ML
Sungarner…Solar
Advait…Green energy, power infra
Gensol …Solar/ EV
MAS Financial Services – High RoEs, Decent Growth (29-01-2024)
I was fan of mr.kamlesh and Lt.mukesh ji.
But now my perception about the industry has changed, it’s old era when there is one sided credit demand and 4 or 5 active NBFCs are there.
But now 40+ NBFCs r active , and there is huge competition.
For secure lending there is no space for mas.
And they r not good at unsecured lending. So if I like secure lender then I will go with canara bank like psu. Where 14+ ROE. And 3% div yield. And highest level of corporate governance is there.
And If I like unsecured lending then we can choose Arman or credit access gramin.
So for me mas is not going anywhere in next 5 yr. after jio’s entry.
Disc. Sold
Kotyark Industries – Only Listed pure Biodiesel Player (29-01-2024)
Company has allocated 6.35 lacs shares to promoters/non-Promoters/public aggregating to 49.5 cr on preferential basic at 780 rupees share.
Seems like a good news. We should wait and see who has bought these shares.
corp filing
Disclaimer: Invested
Jkil — jkumar infraprojects (29-01-2024)
Still a lot of value left in this stock. Expect a PAT of 700cr in FY-27 from ~330cr in FY24. Great earnings acceleration ahead.
Jkil — jkumar infraprojects (29-01-2024)
(post deleted by author)
Sky Gold ltd. – Will it reach the sky? (29-01-2024)
Management Commentry on Results:
New facility has become operational in August 2023 which has a capacity of producing 750 – 800 kg per month and currently have achieved 60% capacity utilization.
Intend to grow revenue at 30% CAGR for upcoming years.
Want to expand product portfolio – doubling from current 3000 offerings to about 7000 per month by introducing new metals such as white gold, platinum and studded jewellery as well as foraying in new segments like mangalsutra, chains, antique bridal jewelleries etc.
Want to expand footprint beyond the domestic market to have meaningful export contribution from markets of SEA, MEA and USA.
Plan to double headcount of our inhouse design team from 100 to ~200-250.
The company also plans to add around 30,000 moulds every year. Moulds are used in the casting process of manufacturing jewellery.
Senco Gold: Upcoming gold story! (29-01-2024)
with many regional/local players and several large chains, is this segment getting crowded or there is still a large addressable market?