Results:
Destocking is continuing? Thoughts?
Posts in category Value Pickr
Wonderla Holidays (10-11-2023)
Results out for last quarter.
Investor presentation attached:
https://www.bseindia.com/xml-data/corpfiling/AttachLive/b7ef3123-bd7a-4867-af57-1937d6d8ae86.pdf
Red Tape Ltd. – The next fashion giant? (10-11-2023)
The huge drop in sales for Campus makes me believe it’s because of shift on festive sale.
Balaji Telefilms (10-11-2023)
Pat was definitely expected more than what is reported for q2 as dream girl 2 was a success.
Brand concept – New Emerging Micro cap Retailer (10-11-2023)
Again a great set of number with 50+ percentage growth in revenue and in profit before tax , didn’t saw in net profit because of tax.
Dic.invested
Saregama India Ltd: India’s premier music publishing label (10-11-2023)
Management reiterated the guidance of 20% plus growth. Due to the lumpy nature of the business, they expect revenues to flow in Q4 this Financial Year. However, I would like to see the lead time for stabilizing the subscription music model and events business go down. The lead time seems to be 12-18months over the last couple of concalls. I hope there is some progress in the upcoming discussions. Overall, management is sticking to their commentary and plans explained in previous meetings. The new ventures have not crossed 18% of the capital as per the commitment. The music revenues seem to be growing and the QIP funds have been deployed at a reasonable valuation. Caravan business continues to be breakeven(May be small profit). I personally blv the acquisition of Pocket Aces should work out given the synergies in the business.
Delivering on the guidance numbers for FY2024 will be the key to retain investor confidence in my humble opinion.
Disc: Invested
IL&FS Investmanagers (10-11-2023)
Back to back declining quarter results. Seems to be slipping. Disappointing Q2 results.
Have exited this stock now. Better to re-enter only after its been acquired by better brand or if performance improves.
Red Tape Ltd. – The next fashion giant? (10-11-2023)
Pardon my ignorance but I don’t think they shared any presentation or had concall in Q1, the first quarter post demerger.
Pricol limited – OEM automotive (10-11-2023)
Thanks for sharing. Were there any insights into their order book and exports projection given that they are almost talking 2X revenues in the next 2 years. Not sure if the domestic market can accommodate that growth projection?
Kalpesh’s Portfolio (10-11-2023)
Hello Kalpesh just wanted to know, are your views still favourable about asrl ?