How will this Adani saga of bribing state govts for solar installations allegations impact KPI green? Will it be positive or negative or non-event for KPI green?
Posts in category Value Pickr
See the bright Sun: Aditya Vision (22-11-2024)
I wish I had a time machine. Investment cannot be based on Hindsight and looking at past performance.
Kovai Medical Center and Hospital – Health and Wealth (22-11-2024)
True. I have seen cases where for the same hospitalization, bill for insurance patients was 15% less than cash settled patients.
Hitesh portfolio (22-11-2024)
Thanks Surender, I appreciate your time and clarity of thoughts on each aspect. We would wait for most treasured @hitesh2710 ji comments as well 
Hitesh portfolio (22-11-2024)
Hi @Investor_No_1:
Like you, I also wait to read Hitesh bhai’s eloquent qualitative commentary. Meanwhile, I took the liberty of sharing my rambling on this apsect.
From 23-Sep, Nifty 50 fell 10%. All the consumption oriented B2C names have fallen ~1.5x to 3x of the Nifty’s fall, which is not uncommon. [snapshot below]. Considering India’s consumption potential, all B2C names will flourish with time as they have proven, profitable, and scalable business. As all have corrected, it seems to be an outcome of prevailing equity market correction and industry headwinds due to demand slowdown.
Asian paints competitor is giving free tinting machines, higher dealer margins and 10% free paint offers. Since they are luring the dealers for sales push, more than 10% OPMs are being distributed as incentives mentioned above and booking losses in their PnL. Paint industry players operate at OPM of 12~19%. All these schemes will either reduce drastically or stop as and when focus shifts from aggregating retail outlets to profitability, which the competitor intends to do over a 3 years time frame. Among all, Asian Paints has the highest OPM and can always use price lever if that remains the only tool to fight off the competition.
Business model of DMART and quick commerce (QC) companies are complementary with little overlap. DMART stands for maximum savings, bulk buying, and 1~2 times shopping for monthly groceries. QC stands for convenience and speed for items that are needed daily , immediately. or impulsively (high in value but weigh less). Hence, QC may shave-off some % of DMART stores SSSG if management remains aloof,which is not the case since it acknowledged the impact of QC publicly, but can’t harm the overall business model.
In the long run, I still wonder how quick commerce will make NET profits. EBITDA level breakeven is yet to be achieved, although the price of goods charged to the customer is at par. However, QC companies are on an expansion spree due to available funding. DMART will always be preferred by masses and occasionally by others.
Disc: No position in any of these names.
Titan Company Ltd : a three decade old company (22-11-2024)
Titan Engineering is walking the talk of getting into aerospace, semicon and electronics from initial automation. Amazed by capabilities and clientele they have.
They have scaled from 500 cr to 900 cr in just two years. So ambition of 5000cr looks very much doable.
If this was an independent entity, it would command a mcap of not less than 10,000 crore.
Investing Basics – Feel free to ask the most basic questions (22-11-2024)
@ChaitanyaC Thank you for the elaborated reply with useful links.
Apex Frozen Foods (22-11-2024)
In the recent concall mgmt told the impact of shrimp price rise will be seen in Q3 results. Here are the concall notes.
Windlas Biotech – Pure play CDMO currently at ~1.1x sales (22-11-2024)
Please do mention the source of this information.
dr.vikas
Ganesha Ecosphere – Green Earth play (22-11-2024)
Yes, they are not generating enough cash…currently that is! If you are running a filter on screener for these metrics, Ganesha Ecosphere will not fit the bill of an ideal investment. However, one needs to think forward here and understand the rate of change that is likely to take place.
Ganesha Ecosphere is operating in an industry with enormous tailwinds (and most of these are yet to even begin), with huge market share to be gained by the organized players (from the unorganized). Scale at the sourcing level + first mover on customer acquisition is the name of the game here. Ganesha Ecosphere has to go all-out in capex like they are doing to seal the advantage of Scale benefits. And clearly the company seems to have huge visibility for the same and hence is confident on more that doubling rPet chips/granules capacity. I get the sense of this when I listen to the company’s concalls as well.
Ganesha Ecosphere has hinted that they are the recyclers for some of the biggest FMCG names and more such deals are in the works. Just imagine the possibility of Ganesha Ecosphere being a proxy play to the FMCG sector! The valuations and market-cap of such a company is potentially enormous!
In fact while you rightly point to the good numbers only “optically” looking good, I want to flip this around and say that the bad cash flow + rising debt levels only look “optically” bad. All this is set to improve dramatically if Ganesha Ecosphere pulls off their strategical moves.
For me personally, it remains to be a very exciting story to observe unfolding as a shareholder of the company.
Disclosure: Invested since late 2022 and is my largest holding. Continue to hold on as I’m extremely bullish on Ganesha Ecosphere. Ofcourse I run the risk of being heavily biased due to my position.