For somebody who doesn’t have too much of experience on FMCG, this interview was interesting.
ITC Foods Rises To Pinnacle: A Conversation With CEO Hemant Malik On India’s Evolving Food Landscape
Posts in category Value Pickr
Vedant Fashions (Manyavar) – Niche Branded Retail (23-01-2024)
I think their concall is always the copy paste of what they say in the previous calls. “Added XX lac store area, fewer wedding dates, dont see Q-o-Q and next year would be great”.
It is because of this seemingly callous tone of the Management, that I am trying to figure out if this business is actually scalable the way I perceived it to be.
The Company has a very low free float and retail holds mere 3.5% odd stocks, maybe some Institutional holder is selling because the stock is down each day since it touched 1,460 on 8 Dec’23. It is down almost 30%.
The results are going to be bad for Q3 as well, looking at the consumption numbers but are they going to be this bad that stock fell 30% already!
Tips Industries Limited – Ready to RACE ahead! (23-01-2024)
Good result with 27% yoy revenue growth which is the key metric. PAT margins should compress at some point due to content acquisitions
Investing Basics – Feel free to ask the most basic questions (23-01-2024)
I’m looking for some clarity on this particular issue. Will be grateful if someone can put their opinions.
Let’s say there are 2 companies: A and B. Both have done considerable capex. Both are in the same industry and the industry is seeing tailwinds. Both company’s ROEs are currently dented due to capex.
Company A characteristics:
Company A is facing a turnaround situation. Has lost the past few years of growth due to a lack of proper future vision. Has a relatively low ROE. Management is guiding for higher EBITDA margins and there are signs that the efforts of the management are fruitful (rising ROE). Is trading at relatively lower valuations (18-25 TTM PE). Can be a candidate for rerating.
Company B characteristics:
Company B is relatively more stable. Higher ROE. Has seen a few past years of high growth. Can expect above-average growth to continue with prevailing EBITDA margins. Trading at 30-35 TTM PE.
Company A is an improving business + capex play whereas Company B is a consistent business + capex play. Considering these factors which one should be a more favourable bet/investment?
Looking for guidance, and perspectives.
Thanks.
AGI Greenpac- on the cusp of growth? (23-01-2024)
Average realization is around INR 37000 to 38000 per tone. EBITDA is around INR 10000 per tone. For speciality glass average realization per tone is 1.7 to 1.8 times more than normal product segment. For AGI , Speciality Glass division capacity of 154 mtpd is running at 65% to 70% utilization.
For second question I dont have any straight forward answer. Smaller pacakge used in Cosmetic and Perfumery(C&P) has better realization. Speciality Glass also used in bevrage packaging also has better realization.
IIFL Securities Ltd (23-01-2024)
The scheme of arrangement with 5paisa has been withdrawn.
Eco Recycling Limited (Ecoreco (23-01-2024)
Any update on the fire incident?. How much damage has happened and is there any loss of sales?
IREDA: Renewable Energy Powerhouse (23-01-2024)
Hi. I am unable to find the information you are referring to. Can you share a screenshot of the same.
Rahul Singh Portfolio (23-01-2024)
I was invested earlier in it. There was an announcement that they will merge their private limited company with this company and after the merger promoter holding will increase from present 27% to 75%. I sold it as my shareholding will drop drastically if the market cap don’t increase proportionately. If you have any idea how this merger will affect the price, please share.
Cigniti Technologies – Global Leader in Software Testing (23-01-2024)
Mr. Srikanth Chakkilam has been appointed as Director & CEO of Cigniti Technologies Limited w.e.f. 20.01.2024
Family show, no professional CEO. Markets have reacted with -8%