Aarti Industries Limited (AIL), today announced that it has entered into a 9-year long-term supply contract for the supply of a niche agrochemical intermediate with a global agrochemical products and solutions company. The contract offers AIL a revenue potential of approximately over Rs 3,000 crores over a period of 9 years, with the contract supplies commencing from current fiscal year. This product (agrochemical intermediate) is an integral component of AIL’s existing integrated product portfolio, with AIL being a leading manufacturer of this product in India. AIL’s current CAPEX plans, across its existing manufacturing locations, are sufficient to meet this contract requirement and the company does not anticipate any additional CAPEX for this.
Posts in category Value Pickr
Zen technologies – A micro cap in the defense space! (27-12-2023)
India Market Open | Zen Tech In Focus | NDTV Profit
Fantastic guidance by Zen. Valuations are something to look at.
if they do what they just said – they are 6800 cr Mcap currently
1000Cr Px/Sales it looks expensive
But 35% EBITDA – At 350Cr Ebitda with 0 Debt – They are trading at less than 20 times EV/EBITDA. Peers like BEL are trading at much higher valuations.
#ZenTech UC 5% – i would like to assume this interview commentary is the reason coz i mean just watch the interview. news Anchors had their ears up.
Smallcap momentum portfolio (27-12-2023)
Hi would you mind sharing whats your annualized return since when you started and since when you’re invested in this strategy? Somewhere you’ve mentioned 40% return, but that seems low(er) than index.
Praveg Ltd: Play on Indian Tourism Industry! (27-12-2023)
I understand they are rapidly expanding and grabbing opportunities every right, left, and center. But just wanted to get the community’s opinion if these places are exciting enough to garner 70-75%+ occupancies? Or are they adding additional opeX with the market’s assumption of guaranteed growth/demand?
Discl: Small Tracking Position
Piccadily Agro Industries Ltd (27-12-2023)
I agree that the P&A of Radico is not directly comparable to Indri’s realizations for the reasons you pointed out. However, even if we assume a realization of 2500-3000 per case for Indri, generating an EBITDA of Rs. 400 per bottle would be too high.
1 case would have 12 bottles of 750ml each, so an EBITDA of Rs. 400 per bottle will translate to an EBITDA of Rs. 4800 / case.
HDFC Bank- we understand your world (27-12-2023)
You have completely exited Banks and NBFC or just HDFC bank? And what else you hold in this segment?
Trent — A value unlocking story from the house of TATA (27-12-2023)
Folks (@hardik_shah1 @rahil_sayta ): Thanks for sharing your view generously. Your notes make it clear that the business offers good quality products at different price points [under different names] in an inviting shopping experience for all age groups. This is made possible due to inhouse E2E process. Extremely compelling setup for a customer.However, I am unable to make economic sense as an investor.
What part of the expenses will reduce with time to expand the OPM since every line item seems variable to my mind? Never ending need to keep stores fresh and the leased nature of the stores will ensure that both DA and interest expenses remain heavy and PAT remains lean. ROE/ROCE are yet to be respectable even though leverage[Tot. Assets/Tot. Equity] on the B/S is already 3x. Have you done any thought experiment on how unit economics will evolve with time?
Considering the prevailing valuation that too for an extended period of time, I am surely blind to the key aspects of the business. This is an attempt to remove my blindfolds with the help of folks like you who follow the business closely.
My Portfolio- Why I own what I own- Veni Kothari (27-12-2023)
SW Solar is buying the pessimism- Debt should subside with the QIP and promoter contribution. There is very little entry barrier in the business- agreed. With the positioning and past track record of execution that they have they are well placed to get orders. Solar capacities will increase manifold, there could be a big jump in revenues, it could even grow at what EMS companies are growing at. Investment thesis is nothing but sectoral tailwind and reasonable valuations.
My Portfolio- Why I own what I own- Veni Kothari (27-12-2023)
Well, Vodafone Idea is a tracking position.
Som Distilleries and Breweries (27-12-2023)
I’d say that this company’s promoter’s are always under the radar of the government.