Growth Guidance by Management for next three years, expected to grow more than 100%
Posts in category Value Pickr
Som Distilleries and Breweries (08-11-2023)
Things like these are non events. Unless something truly serious is found. IT proceedings take a long time and the assessees often go for multiple appeals. There should be no medium term impact on financials and operations.
MTAR Technologies – A wager on innovation meeting economies of scale (08-11-2023)
Mtar Technologies just announced their financial results for the three months from July to September 2023.
Here’s how their business did compared to the same time last year:
- They made 32.2% more money from their operations.
- Their earnings (EBITDA) increased by 3.4%.
- The profit before tax decreased by 22.1%.
- The profit after tax dropped by 17.1%.
Mr. Parvat Srinivas Reddy, explained that they had to change their financial expectations for the whole year. They now think they will make around Rs. 670 Crs to Rs. 700 Crs, which is less than they thought before. This change is because they had to delay sending out some of their orders to the next year. However, he still believes the company will grow in the long run because the areas they work in are growing. They also expect to get more orders in the second half of the year.
Hindustan Foods (08-11-2023)
Hindustan Foods Limited (HFL) recently announced its financial results for the quarter and half-year ending in September 2023. Here are the key points:
Financial Highlights for H1FY24 (First Half of the Fiscal Year 2023-24):
- Revenues remained steady at Rs 1,297.1 Crores in H1FY24, compared to Rs 1,262.3 Crores in H1FY23.
- Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) increased by 29% to Rs 106.9 Crores in H1FY24, up from Rs 82.7 Crores in H1FY23.
- Profit After Tax (PAT) increased significantly by 42% to Rs 48.0 Crores in H1FY24, up from Rs 33.8 Crores in H1FY23.
Financial Highlights for Q2FY24 (Second Quarter of the Fiscal Year 2023-24):
- Revenues remained stable at Rs 677.0 Crores in Q2FY24, compared to Rs 663.7 Crores in Q2FY23.
- EBITDA increased by 26% to Rs 55.6 Crores in Q2FY24, up from Rs 44.0 Crores in Q2FY23.
- PAT increased by 31% to Rs 24.7 Crores in Q2FY24, up from Rs 18.9 Crores in Q2FY23.
Operational Updates:
- A new factory in Guwahati, Assam, dedicated to juice production, is progressing well and is expected to begin commercial production in the fourth quarter of FY24.
- The company’s plans for the Soap & Bars project have been commercialized since the first quarter of FY24 and are ramping up successfully.
- An upgrade of the beverage facility in Mysuru for a new MNC customer has been completed, and commercial production began in October.
Other Updates:
- The company is raising Rs. 400 Crores through preferential warrants for future growth.
- HFL plans to invest up to Rs. 100 Crores in the sports shoe manufacturing sector and has executed a share purchase agreement to acquire 100% share capital of KNS Shoetech Pvt. Ltd.
- The Board has approved an investment of Rs. 75 Crores to set up a new Greenfield Ice Cream facility.
- The acquisition of the Baddi factory has been delayed due to regulatory approvals, and the management now expects to complete the transaction by the end of Q3FY24.
Hindustan Foods (08-11-2023)
Hindustan Foods are looking into investing in sectors like sports shoe manufacturing and ice cream production. 
The Managing Director, Sameer R. Kothari, explained that the company’s performance has been affected by a slowdown in demand for fast-moving consumer goods (FMCG) and falling commodity prices. They also faced delays in getting approvals for an acquisition in Baddi. However, they believe these issues are temporary and plan to raise capital through warrants. This will provide them with funds to take advantage of opportunities in mergers and acquisitions (M&A). They’re looking into investing in sectors like sports shoe manufacturing and ice cream production.
Mayank Samdani, the Group CFO, mentioned that even though the company’s overall revenue remained flat with a 2% year-on-year growth for the quarter, their profit after tax (PAT) increased by 31% compared to the previous year. The PAT reached a record high for both the quarter and the half-year. The company also achieved a 21% Return on Equity (RoE). Their cash flow from operations remained stable despite higher inventory levels due to new facilities coming online.
Hindustan Foods Limited (HFL) is a company that provides manufacturing services to FMCG companies, helping them reduce costs and improve product quality. It’s been around since 1984 and is now part of the Vanity Case Group. HFL manufactures various FMCG products, including food, beverages, home care, and more, serving many well-known customers.
SWELECT ENERGY SYSTEMS LTD – some information from Annual report (08-11-2023)
Swelect Energy Q2FY24 Result
Rev: ₹83Cr Vs ₹149Cr(YoY), ₹84Cr(QoQ)
Net Profit: ₹7.3Cr Vs ₹6Cr(YoY), ₹11.5Cr(QoQ)
PBT: ₹8Cr Vs ₹14.9Cr(YoY)
Does not look good imo
MCX and Financial Technologies (08-11-2023)
MCX results are out. Company posted net loss and the reason citied is Settlement Guarantee Fund and payments made to software vendor (63 moons – 125 cr + taxes for the quater). Assume similar amount will be paid for December quater too. Post that i am assuming payments will be made to TCS only.
Does anyone has any idea on what will be the cost to be paid to TCS? What will be the cost savings by switching to the new platform? Understand that the new platform will be scalable and easily maintainable.
Is Suzlon a turnaround story after FY16 (08-11-2023)
Many companies have stratospheric PEs, recently listed (Jio) to those expected to turn-around (Eureka Forbes) to those growing furiously and expected to grow fast (Sona/KPIT) and those at the bottom of a cycle to those representing flavour of the season (defence/power/railways).
As the earning builds up, PE will come down, is the expectation from a rising from the ashes entity.
Also, people are exuberant with low denominations/penny stocks.