“Shareholders, however, approved a proposal to raise up to Rs 1,600 crore through a qualified institutions placement (QIP) to eligible investors through an issuance of shares or other eligible securities.”
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Posts in category Value Pickr
Indiabulls Housing – A compounder from here? (25-08-2023)
This is the snippet from FY10 and FY17. In FY10, 50% of loans are retail; In FY17, 75% of the loan book is retail. Project financing is historically a smaller percentage and retail is the more significant proposition. B2B side is business is less than 25% of the book for almost the entire history of Indiabulls.
Indiabulls does not provide any FLDG to the banks, for the loans they originate loans.
Hitesh portfolio (25-08-2023)
Dear @hitesh2710 ji
NCC has crossed multi-year highs (15 years I guess). May I know how it looks in the technical charts, can it take out it’s lifetime highs (price above 200)?
Kajaria Ceramics Ltd (25-08-2023)
Gujarat Gas Increases Gas Prices In Morbi For The First Time Since October 2022 | Business News
Price reversal in gas prices …might impact cost of production for ceramic industries
Dreamfolks services limited( DFS) (25-08-2023)
I remember pointing out this foundational flaw in the business around peak valuations i.e this is a shuttle-cock business. That this exists cause no one wants to do it. Now, it does open up an opportunity, but barely, as this also severely limits the growth ceiling.
But it seems the comment was flagged and removed.
Not saying I am a great analyst, but it does help to step back and see whether the business itself makes any sense or not. This business does not make sense and only exists at the whims of the partners. Its in the nature of the middlemen to exist and disappear faster than they appeared.
Would surely have saved many the correction and the pain.
Please I ask all members of this forum to step back and take a look at this business itself – not the air travel data, not how many airports are getting built, not Indian’s 5T growth.
These themes can be easily and with lower-beta/volatility can be played with much future-healthy names – and small cap space.
Edited to add this :
Rest is all in your individual hands.
PI Industries – Superior Business Model (25-08-2023)
Incident PI Industries Jambusar plant
Indiabulls Housing – A compounder from here? (25-08-2023)
They were doing project based financing it was B2B (major revenue) now it’s B2C , as tech is improving day by day and hence cost of client acquisition will drop down significantly and into of FLDG model they don’t need to sell or pledge the asset for raising more funds.
Basically the asset size will be fragmented and so will be risk .
Add-shop promotion- “entered into fmcg” (25-08-2023)
ADD-SHOP PROMOTION-
Current Market Cap Rs 110 Cr.
FY 23 DATA
Revenue Rs 200 Cr
EBITDA Rs 28 Cr
Margin 15%
PAT Rs 19 Cr
Add Shop Retail sales in growing since last 3 years. Margin is also good. Add Shop retail sell – one promoter held company products through listed entity.
Current Products are Herbal Products for daily used and Herbal Medicines for all age group.
In August they entered in FMCG business and they launched 3 products of Tea, Coffee & Green Tea. In latest interview MD- said products can increased to 1200 products going forward as per need & demand of customers.
Currently more than 1,40,000 Business Associates & 2,300 Franchise across India.
New R&D Facility is established by Promoter held entity for new products R&D.
Company is available at 5 PE.
In last two years 18 PE shrink to 5 PE. but now as company will expand in FMCG Business &
Ayurvedic Medicine Business will grow . PE should rerate at least to 10.
This is my personal view .
||Mar 2016|Mar 2017|Mar 2018|Mar 2019|Mar 2020|Mar 2021|Mar 2022|Mar 2023
|Sales +|2|5|12|22|37|78|156|200|
|Expenses +|2|4|12|21|35|67|131|171|
|Operating Profit|0|0|0|2|3|11|25|29|28|
|OPM %|2%|5%|3%|8%|7%|15%|16%|15%|
|Profit before tax|0|0|0|1|2|10|23|27|27|
|Tax %|100%|33%|28%|27%|30%|25%|19%|30%||
|Net Profit +|0|0|0|1|1|8|19|19|18|
|EPS in Rs|||2.56|0.23|0.31|1.99|4.96|6.77|6.53|
Please do your own research before investing.
StageInvesting +Elliot Waves (25-08-2023)
Hello
Could you please the analysis I have done for VST tillers? It is done in weekly time frame. Has given good breakout, with decent volumes. Looks like it has entered 3rd stage now, isn’t it?
Indiabulls Housing – A compounder from here? (25-08-2023)
Ok got it. You are referring two models here. I misunderstood that you are saying co-lending has FLDG.
Indiabulls lending to the retail segment for decades. They are not entering new