The companies that got listed in June-September would have filed only FY23 results in prospectus. They get 30 days post listing to file their 1Q results and from then on 2Q results will follow usual calendar.
You can expect 2Q results to also be announced by the 30th Nov deadline.
Posts in category Value Pickr
Sai Silks (Kalamandir) – only listed player in the organized saree market (17-10-2023)
Deepak Fertilizers and Petrochemicals (17-10-2023)
Thanks for this Nilesh. Would love to know where are you tracking this? I believe the spike is also because of raw material cost of Ammonia in 2022.
HDFC Bank- we understand your world (17-10-2023)
Also in current high interest rate environment people are moving funds from CASA to time deposits
Investing Basics – Feel free to ask the most basic questions (17-10-2023)
Use the LG Gram 17 inches and keep the font size relatively larger. It’s extremely light also besides being huge
Deepak Fertilizers and Petrochemicals (17-10-2023)
Price of AN since 2012
Mudit’s Portfolio (Passively Active) (17-10-2023)
Portfolio Update :- Started accumulating Max HealthCare…This is my only hospital company.After studying the hospital sector, I had finalised 2 options
Max Health Care and Narayana Hrudyalaya…But ultimately chose Max health Care for its growth trajectory and being more aggressiveness. Soon will post latest portfolio after recent changes.
Amararaja Batteries Limited: Powering Ahead (17-10-2023)
They definitely are. Even the PCB case has been a drag
Apex Frozen Foods (17-10-2023)
Hi Sir…it is due to the greenfield capacity that came up in FY20. Company had done a big capex…to more than double its existing capacity. Earlier building amount seems low as that unit must have got depreciated over the years.
Hope this helps…!
Regards,
Yogansh Jeswani
Deepak Fertilizers and Petrochemicals (17-10-2023)
Ammonia Prices have been relatively high in the month of September hence I believe ammonia plant will contribute to EBIDTA margins. The prices may get lower in coming quarters as Middle East plants start operating but I believe should be in ranges comfortable for DFPCL.
As quoted before by management TAN sales won’t be high this quarter due to cyclical nature hence the value of ammonia profitability might not be that high. But Coal India has produced record coal even in this quarter. So we never know.
I am particularly excited about the demerger in Q3 as it opens up an opportunity to compete with likes of Solar Industries Limited in explosives category. Solar consumes AN from likes of DFPCL. They have the supply chain advantage there although market entry might take a while. Just from a valuation perspective it should open high PE doors.
Would love the forum’s perspective here.
Latest Sources for Ammonia Prices: