BL KASHYAP cmp 63 Monthly Log Charts
on Closing basis has not closed abv 66 SL 53
since OCT 2008, Nearing a Big 15 Year breakout
with good delivery based buying observed
Promoter 61.6 % Eq was Nibbling Small insider buying last qtr
Embassy Group + Mr Virwani holds 7 % Eq
Samsara Funds ( Karan Virwani )
holds 4.4 % Eq, All 3 holding since March 2018
Mcap 1400 Cr : order book 3000 Cr
last month Order win was from Delhi International Airport
I hear some chatter about promoter family’s one son being involved in a grave incident in the past. It has been discussed in this thread above some time back. It can indeed pose a moral dilemma for some when they are deciding to invest. But that’s just half the picture or shall we say less than ten percent of the picture given how much water has flown under the bridge since then.
And so to make the picture complete, I will throw some light on the other son who also own’s a direct stake (thru Piccadily hotels. His name is Kartikeya Sharma.
He is Rajya Sabha MP. He defeated Ajay Maken (RG’s right-hand man) with the help of BJP to get into RS.
His father Venod Sharma is a former Congress MLA but doesn’t do active politics anymore, but still wields a lot of influence in politics and local area. His mother is the Mayor of Ambala – won as an independent. He is married to the daughter of former Congress MLA & Haryana Assembly Speaker.
He is the founder of ITV media news channels which has 12 news channels including NewsX & India News along with a host of regional news channels. And Hindi & English newspapers such as Aaj Samaj, the Daily Guardian & the Sunday Guardian.
He is recipient of several awards:
Person of Year by BusinessWorld in 2022
Best CEO by eNBA in 2016
Champions of Change 2022
In a nutshell, extremely influential set of promoters who are courted by both the main political parties (you can google and find out more) and own a vast media empire built from nothing.
(A reminder – It is also a well known fact that Mallya senior (Vittal) built his vast alcohol empire based on his political connections )
Add to that an undeniable product & brand development capability. Ask anyone – from the people who have tasted and tried Indri, to the salesman at the airport, to the sales guy at any local alcohol shop in Delhi/NCR – and you will know there is something special about Indri.
@hitesh2710 – Would you be able to share your current bet-sizing strategy and how it has evolved over time?
Is it still about 8 to 10 stocks with 10 to 15% allocation – as in the past?
Mayur.pdf (779.8 KB)
uploading the report
in fact the profits are less perhaps they are investing heavily on growing if you compare with AUM size.
with 2.5 lakh crore aum, less or = 1 % of which is revenue and 35 to 40 % margin… books do not seem to be made up, will end up at same numbers. because if you see presentation of edelweiss since last two years, they have been posting the aum and other updates of wealth division regularly
The first line of the first post in this thread makes it clear this thread is not for indian listed cos. I can add a caveat “unless india produces companies that make cpu/gpu and sell it”.
(post deleted by author)
In my analysis, I focus solely on the distillery biz because that is the primary growth and valuation driver. The sugar biz will have some additional residual value but I ignore that.
So, the distillery biz has EBITDA margin of ~18%.
Just look at the segmental result which gives you EBIT.
To that, add depreciation (divide total depreciation in proportion of asset of each segment to get an estimated depreciation for segments ).
So that is how I got EBITDA
EBITDA margin would be (distillery EBITDA / distillery Revenue)
It is more easy for a retail investor to spot the next sector if he/she keeps observing price actions in various sectors over a period of time.
Simplest thing to do is to keep watching the 52 weeks high list on a regular basis. If a lot of stocks from the same sector start featuring in this list on a consistent basis, then it makes sense to have a look at chart patterns of individual stocks.
If most of them start showing bullish formations of similar or different kinds, then it adds to the conviction. Next step is to listen to the commentary of these companies wherever possible and do some digging.
If all the above things fall in place, then you have probably stumbled on to the next big sector. Next thing is to observe the behaviour of these bunch of stocks during days where markets are weak. If these show more resilience as compared to overall markets, and start moving once the market start a strong rally, then you have hit the jackpot. Within these group of stocks some of them will often move quickly, rest will follow.
But there are some sectors typically related to cyclical industries, where the cycles tend to run shorter. In other sectors often the rallies last much longer. Observing sectors in fancy over a period of time helps in figuring out these things.
Personally I do not folllow what big guys/big funds or quant funds are doing. I have described the process I follow above and usually that helps in getting into a few sectors early on. Many a times I miss a sector or two due to various reasons, but that’s something that’s okay to live with. We don’t need to win all the races. Idea is to make the most of your winners.