SUPER SALES is Lakshmi Machine Work company handling the sell side transaction, so a sales/trading entity.
Posts in category Value Pickr
Fine Organics – Niche Player in Specialty Chemical (07-09-2022)
I hope atleast the RM could be sourced from domestic suppliers like PATANJALI once scaled up.
Fine Organics – Niche Player in Specialty Chemical (07-09-2022)
I hope atleast the RM could be sourced from domestic suppliers like PATANJALI once scaled up.
Narayana Hrudayalaya Ltd (07-09-2022)
Opinion by Prabhudas Lilladher
NARH signed a Business Transfer Agreement (BTA) with Shiva and Shiva Orthopaedic hospital (Sparsh Hosur Road unit) located in Narayana Health City Campus, Bangalore where NARH already has two flagship hospitals operational: NH Cardiac sciences (offers only cardiac related services) and Mazumdar Shaw Medical center (multi-specialty hospital offering other than cardiac, orthopaedic, and trauma services). The company agreed to pay Rs2bn upfront and subscribe for Rs. 800mn Optionally Convertible Debentures (OCDs) to be redeemed after 4 years. NARH would have the right to convert OCDs into equity shares of the company (Shiva) in case of default. There is no intent from NARH to acquire other units of Shiva and the acquisition will be completed before CY Dec-22.
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Sparsh unit possesses 100 beds operational since a decade that has generated Rs490mn and Rs180mn revenues in FY22 and FY23 (4 months) along with healthy profitability. Flagship units of NARH in Health City generates +25-30% OPM. Assuming similar profitability levels, acquisition works out to be 16-17x EV/EBITDA and Rs 28mn/bed in FY22. Prima facie acquisition is expensive (typically cost/bed including land in metros is Rs14-15mn/bed), however it allows NARH to offer entire spectrum of healthcare services in Health city. Assuming Rs800mn money flow back to NARH after 4 years, acquisition works out to be at 12-13x EV/EBIDTA and Rs20mn/bed.
Narayana Hrudayalaya Ltd (07-09-2022)
Opinion by Prabhudas Lilladher
NARH signed a Business Transfer Agreement (BTA) with Shiva and Shiva Orthopaedic hospital (Sparsh Hosur Road unit) located in Narayana Health City Campus, Bangalore where NARH already has two flagship hospitals operational: NH Cardiac sciences (offers only cardiac related services) and Mazumdar Shaw Medical center (multi-specialty hospital offering other than cardiac, orthopaedic, and trauma services). The company agreed to pay Rs2bn upfront and subscribe for Rs. 800mn Optionally Convertible Debentures (OCDs) to be redeemed after 4 years. NARH would have the right to convert OCDs into equity shares of the company (Shiva) in case of default. There is no intent from NARH to acquire other units of Shiva and the acquisition will be completed before CY Dec-22.
.
Sparsh unit possesses 100 beds operational since a decade that has generated Rs490mn and Rs180mn revenues in FY22 and FY23 (4 months) along with healthy profitability. Flagship units of NARH in Health City generates +25-30% OPM. Assuming similar profitability levels, acquisition works out to be 16-17x EV/EBITDA and Rs 28mn/bed in FY22. Prima facie acquisition is expensive (typically cost/bed including land in metros is Rs14-15mn/bed), however it allows NARH to offer entire spectrum of healthcare services in Health city. Assuming Rs800mn money flow back to NARH after 4 years, acquisition works out to be at 12-13x EV/EBIDTA and Rs20mn/bed.
SmallCap Hunter : Trying to find the dark horses with triggers (07-09-2022)
Recently I was looking into the financials of a stock: Super sales India Limited. Details will be found in the screener (Super Sales India Ltd financial results and price chart - Screener). Interesting company is in all-time low PE. Though the sales, cash flow, and NP is continuously increasing. I have recently invested some money in it. Any comment on the stock? Thank you
Saregama India Ltd: India’s premier music publishing label (07-09-2022)
https://twitter.com/blitzkreigm/status/1567087449368854533
SAREGAMA gets into Feature Phones with Pre-Loaded Songs as its USP. Priced at Rs 2490 and Rs 1990 for 2 screen sizes, it has 1500 pre-loaded Hindi songs, with additional 2GB space for other personal media.