Federal Bank has consistently delivered NIMs at the bottom of the curve (competition is far ahead). While so far the Provisions have been limited, we don’t know the future, given proposed changes in the asset profile. So far the aggression in its asset profile hasn’t resulted in improved NIMs
Going ahead the fight for deposits will only intensify and the interest rates (on assets) are going to start falling. In such a scenario, with such lower NIMs how will it sustain profitability

I think the key consideration is whether the property was adequately insured or not – there is an insurance premium of about 7 lakhs in the P&L. Also they were constructing an additional capacity of 18k tons and this was also nearing completion – I could not find proper reference if this was on the same site or a different one. If it was different, it would mean that bigger part of their capacity was safe

@Worldlywiseinvestors Sir waaree renewables sales growth Q3 2024 was amazing. Earlier PE was 598.7 but after eps growth it is 65.1 and it’s median PE is 55.9.

So is it worth to buy at this point or it is expensive now.

Its 1 year return is phenomenal.

Please advice how to look this company at this valuation.

Please refer screenshot.

Thanks for a detailed reply.

I agree despite being in some turbulent times the last decade and half while seeing turbulence has been great for investing.

I am not losing sleep over my investments as i have large exposure outside equity build last and current year alongside monthly sip in equity. But Incrementally I will investing my savings in Equity regardless of its movement. I do anticipate an fall in broader markets and defence/Renewable themes.

Thanks for your perspective.

what is the value of this post LOL so much for standards of valuepickr these days.