This is based on the assumption every park going forward will be on leased land. Might not be the case for every park (As acknowledged by the management. They would prefer the asset light model, but are prepared to buy the land outright if necessary)
Posts in category Value Pickr
Using Pivot Tables/Charts, Slicers & Screener to Semi-Automate Historical Peer Analysis (08-01-2024)
That can’t be shared. This is to prevent anyone from rebranding and plagiarizing our work.
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (08-01-2024)
Sugarcane production has gone up in UP – due improved acreage and yield. last year planting was up 7% in UP. Overall sugar recovery has also improved by 0.5%. Dhampur bio has increased crushing caparity by 30% from 22,500 to 29,000 tpa – this will not only help it crush about 10% more cane than last year but also finish crushing earlier by March instead of April /May – this improves recovery rate in last month of crushing.
At current sugar prices mills are ok making either sugar or ethanol (in fact sugar is better) but sugarcane supply is limited and they have to optimise. Govt may not increase ethanol as prices of sugar are surely going to jump once crushing in Karnataka Maharashtra stops in Feb / March – a month earlier than last year.
Share prices will keep keep fluctuating based on news like ethanol ban, etc but Q3 results of all UP sugar mills will be very good and Q4 will be best ever. Since these companies are undervalued they are going for buyback – Balrampur, Triveni and now Dhampur Sugar. I am sure Balrampur will come with another buyback by March/ April. Dhampur Bio also should come with buyback around that time.
Hitesh portfolio (08-01-2024)
Sir, May have he link for the same. I tried to find it out, but not able to get it
Wonderla Holidays (08-01-2024)
Amit Ji, Are you talking about profit growth or sales growth?
If you are talking about 12% profit growth, May I request to please explain in detail how it is fairly valued ( I am not from finance background)
Srivari Spices and Foods Limited (08-01-2024)
What is the potential margin in the spice business, and how should it be valued?
-ITC acquired Sunrise Food for 2150 crores 2021- at that time Sunrise Food was doing a revenue of 591 crores with operating margin of 88 crores. OPM of Sunrise was around 18%.
-Based on news reports of HUL acquisition of MDH- MDH is working on 42% OPM. almost 500 crores operating profit on 1200 crores topline.
-Badshah Masala was working on 25% OPM, when acquired by Dabur.
-Eastern Condiment was acquired by Okra [MTR Foods] for around 2000 crores.
Based on these reports, a spice company can work on 20-25% OPM. A strong brand equity, purity and quality of products may also result in higher margins.
Journey and Portfolio of a goal-based NEEV investor (08-01-2024)
How do you do this analysis of ur portfolio v/s Nifty 100 ? I mean which tool do you use?
Using Pivot Tables/Charts, Slicers & Screener to Semi-Automate Historical Peer Analysis (08-01-2024)
Hey man, great work!
Any link to the excel of the same? The google drive only opens up the JPEGs
IZMO- bet on new technologies in Auto retail & defence (08-01-2024)
Creating high intangible assets and amortizing them in a convenient way may be a good chance of management to shiffon off the money from the company. In this case the management has very diverse business choices i.e. from AI to arms making! I am unable to connect these dots, if someone else could do!
Disc- not invested just tracking to find if it is not a value trap.