Very pertinent question and more so specifically for Nazara as globally gaming industry has grown much bigger than any other media & entertainment but that moment of growth has not cone for Indian gaming and/or Nazara since its inception…or has it come before?
Posts in category Value Pickr
Screener.in: The destination for Intelligent Screening & Reporting in India (01-06-2024)
Hi @shunz,
The Excel sheet was made years ago and doesn’t contain the line items we have recently added to the website. Our team is working on developing the next version of excel where we are trying to provide 15 years of Historical data and other meaningful line items.
The Anti-Portfolio (01-06-2024)
I mostly go for smaller caps which means tier-2 basically, reasons remain potential faster growth, the biggest reason, also potential re-rating opportunity as they are relatively undiscovered in the market.
I don’t track companies much, just look at opportunities which happen to come under my lens momentarily, just my investing habits.
Smallcap momentum portfolio (01-06-2024)
Update for entry on 3rd June 2024
50EMA (15327) > 200EMA (13818); hence we can continue without any change.
Based on ranking:
- JAIBALAJI
- COCHINSHIP
- ANANDRATHI
- HUDCO
- POWERINDIA
- JWL
- INOXWIND
- MOTILALOFS
- SIGNATURE
- BLUESTARCO
- KPIL
- SOBHA
- SCHNEIDER
- HINDCOPPER
- SWSOLAR
- NATIONALUM
- EXIDEIND
- TITAGARH
- APARINDS
- NBCC
Based on A → Z for easy tracking:
- ANANDRATHI
- APARINDS*
- BLUESTARCO*
- COCHINSHIP
- EXIDEIND
- HINDCOPPER
- HUDCO
- INOXWIND
- JAIBALAJI
- JWL
- KPIL
- MOTILALOFS
- NATIONALUM
- NBCC
- POWERINDIA
- SCHNEIDER
- SIGNATURE
- SOBHA
- SWSOLAR
- TITAGARH*
Exit:
CENTURYTEX makes an exit.
EIHOTEL and HBLPOWER stay within the top 25 and hence remain.
Entry:
BLUESTARCO makes an entry.
APARINDS and TITAGARH cannot enter as there is no vacancy.
In the last over 5 weeks that I have been tracking with 70% weightage for 6m performance, I have not seen any significant out-performance. Hence, I will not be monitoring that change going forward.
Corporate Fraud/Misdemeanor – Public Domain – Global lessons (01-06-2024)
Does Osia Hyper Retail fall in the same bracket of Varanium & BCG.
Are the sales and profits just in paper.
While promoter is offloading shares.
Angel One: Metamorphosis into a Fintech? (Previously Angel Broking) (01-06-2024)
Angel One Wealth has incorporated a wholly-owned subsidiary, Angel One Investment Services Pvt Ltd, on May 30th, to carry out the business of providing distribution and referral of all financial products such PMS, AIF, insurance and others. It will also advise on investments, and provide financial and investment advisory and management services, conduct analysis, assessment and research and manage investments, assets and funds.
Solex Energy – Undervalued Solar PV Manufacturer or Microcap Value Trap? (01-06-2024)
Nice Summary; if you look at Adani Enterprises annual report, they too are entering the SPV solutions in a big way; right from ingots to finished panels. This does affect Solex in terms of market share
Rossell India Ltd (01-06-2024)
Financial Analysis of Rossell India Limited Q4 FY2023-24 Results
Financial Overview
-
Revenue Growth:
- Q4 FY2023-24: Revenue from operations stood at ₹6,338 lakh, compared to ₹6,513 lakh in Q4 FY2022-23.
- Full Year FY2023-24: Revenue from operations totaled ₹35,864 lakh, a marginal increase from ₹34,868 lakh in FY2022-23.
-
Profitability:
- Quarterly Performance: A loss before tax of ₹1,745 lakh was reported in Q4 FY2023-24 compared to a loss of ₹1,691 lakh in Q4 FY2022-23.
- Annual Performance: The company reported a profit before tax of ₹1,526 lakh for FY2023-24, down from ₹3,124 lakh in the previous fiscal year.
-
Expenses:
- Cost of Materials: The cost of materials consumed increased to ₹10,879 lakh for the full year FY2023-24 from ₹8,722 lakh in the previous year.
- Employee Benefits: Employee benefits expense rose to ₹14,254 lakh in FY2023-24, compared to ₹13,692 lakh in FY2022-23.
- Finance Costs: Finance costs increased to ₹1,423 lakh for the year, compared to ₹1,178 lakh in the previous year.
-
Exceptional Items:
- The company incurred ₹50 lakh in expenses related to the demerger process during FY2023-24.
-
Dividend:
- A dividend of ₹0.30 per fully paid-up equity share of ₹2 each (15%) was recommended for FY2023-24, down from 20% in the previous year.
Operational Highlights
-
Segment Performance:
- Tea Segment: The tea segment saw a reduction in revenue, contributing to the overall decline in quarterly revenue.
- Aerospace and Defense: Continued focus on long-term agreements and new project acquisitions in the aerospace and defense sectors.
-
Inventory Management:
- Inventories increased to ₹18,165 lakh at the end of FY2023-24 from ₹15,168 lakh at the end of FY2022-23, indicating a buildup of stock possibly due to anticipated future sales.
-
Debt Levels:
- Total borrowings were ₹19,402 lakh at the end of FY2023-24, compared to ₹16,161 lakh at the end of the previous fiscal year, reflecting an increase in debt to support operational and investment activities.
Sector Insights
-
Tea Industry:
- The tea industry faced challenges due to fluctuating prices and increased input costs.
- Rossell India Limited’s performance in the tea segment was impacted by these industry-wide issues.
-
Aerospace and Defense:
- The aerospace and defense sectors showed potential for growth with new long-term agreements and project acquisitions.
- Strategic investments and collaborations are expected to yield positive outcomes in the coming years.
Business Strategy
-
Diversification:
- The company is diversifying its portfolio to mitigate risks associated with dependence on any single segment.
- Focus on expanding in aerospace and defense sectors to balance the traditionally strong tea segment.
-
Cost Management:
- Implementation of cost management strategies to improve margins and operational efficiency.
- Continued investment in R&D to develop innovative products and solutions.
-
Sustainability Initiatives:
- Commitment to sustainable practices aligning with industry trends and regulatory requirements.
- Focus on long-term value creation through environmentally friendly operations.
Customer and Product Focus
-
Customer Base:
- Efforts to expand and diversify the customer base, particularly in the aerospace and defense sectors.
- Strong relationships with existing customers to ensure repeat business and long-term partnerships.
-
Product Development:
- Investment in developing new products and first articles to meet the needs of multinational corporations in the aerospace sector.
- Introduction of innovative solutions and products to stay competitive in the market.
Conclusion
Rossell India Limited faced a challenging FY2023-24 with a decline in profitability despite slight revenue growth. The company is strategically diversifying its portfolio, focusing on cost management, and investing in sustainable practices to ensure long-term growth. While the tea segment faced industry-wide challenges, the aerospace and defense sectors showed promise with new agreements and projects. The company’s commitment to innovation and sustainability positions it well for future opportunities.
This detailed analysis highlights the financial, operational, sector-wise, business, customer, and product-related aspects of Rossell India Limited’s performance for the fourth quarter and full fiscal year 2023-24 .
IZMO- bet on new technologies in Auto retail & defence (01-06-2024)
Tanla Platform a product company nearly 15x to the size of IZMO has just 3x accumulated depreciation comparatively to the later one over the last 10 years. I am not sure about the inside accountings of IZMO. I think that a lot of euphoria is built around Frog data. I don’t know much just a guess work!