North America while specific customer names cannot be disclosed due to confidentiality, the company currently serves three customers in the North American railroad industry. Confident of substantial market size of the North American railroad industry and anticipates substantial increase in supplies to this industry, foreseeing a reasonable ramp-up starting from Q4 onwards. The focus is on further penetration into the North American railroad market, Fy 25, contribution 8% of revenue.
Annual saving of 11cr/yr by using hybrid power
Domestic market – Didn’t do very well in the domestic market mainly due to the end users liquidating inventories. But things should be better from the next financial year onwards.
On cycle peak – for past couple of months is the excess inventories which
were there which is being liquidated so, the volumes are lower. So, once this is sortedout should start seeing some moderate growth.
Defence Orders – the first trial tracks have been approved, waiting for tenders next fy. As of now don’t see any big visibility in the Defense sector.
Future growth – there will be a degrowth of about 15% compared to last year so that should be the top-line and from the current year’s number at least 10% better next year. Present capacity utilisation 44-46%. >50% next FY.
Caution – “The world is going through turmoil so there will be some kind of pause happening not only in our industry, but across all industry sectors” Chetan Tamboli, Chairman and MD.
Posts in category Value Pickr
Steelcast Ltd – leading steel castings (09-12-2023)
Aavas Financiers :: Banking on the unbanked (09-12-2023)
If you listen in to the latest concall Q2 fy24 results, the question on growth for this year was asked.
Mr. Bhinder the current ceo was evasive on his answer and asked everyone to expect the recently achieved growth rate till the new Salesforce system and the Oracle fusion and LMS stabilises at least for the next two quarters.
Last quarter q on q growth was weak on revenue, yoy was 18percent. Pat growth was fine.
So I expect that this financial year 20-25 percent will not be met. It will be lower.
Jan. Feb March this year their guidance was that q1 will be slow because of new tech and then they are back on track.
After the exit of mr. Sushil, there has been a lot of negative sentiment on the stock.
Other home finance companies like aptus and home first have grown significantly faster.
I like aavas, but they have not earned the confidence back yet. Maybe they are under promising.
Aavas will do well in the long term but with other hfcs doing really well it is difficult to be patient.
Disc: invested . No transaction on last 30 days
Geekay Wires Ltd (09-12-2023)
Geekay Wires Resignation of Internal Auditor
Please advise
Praj Industries (09-12-2023)
I think this news alone would propel Praj shares on coming Monday. Feeling good that I averaged up in this correction.
Gravita India success story (09-12-2023)
I am keeping a tab on the progress of Li-Ion recycling pilot project that the company has undertaken. The success of this pilot project will be crucial and will result in a commercial establishment for the same as it is expected that scrap generation of Li-Ion batteries will start increasing in the coming 4-5 years as the EV industry starts maturing.
Interesting times ahead for the company.
I am currently invested in the company and may add more going forward.
Shankara Build Pro – Building Materials Organised Retail (09-12-2023)
if you go through the investor presentation 90% of revenue is from steel business. As per Crisil Rating August 01,
Exposure to fluctuations in input prices:
As with any retail business, operating margin remains modest. The operating profitability has been volatile in the range of 2.9 to 3.6 percent over the last five fiscals ended fiscal 2023, mainly on account of fluctuation in steel prices. The operating margins for fiscal 2024 is expected to be sustained at around 3%. Improved contribution from the non-steel segment is expected to support the margins, going forward.
If you see the concall summary posted by @ranvir
Smallcap momentum portfolio (09-12-2023)
SD is calculated for daily price changes and is done for look back periods of 1 year and 6 months.
Smallcap momentum portfolio (09-12-2023)
Not sure how to share my Google sheet. Will check and share.
Smallcap momentum portfolio (09-12-2023)
Hello again
How do you calculate SD. Is it for 3 months or 6 months? Is it weekly data or daily data?
Praveen