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Posts in category Value Pickr
KPI Green- Turning Sunshine Into Cashflows (06-09-2022)
Farukhbhai Patel ji covered by " CEO Magazine".
Attaching some main points from the interview
The KP group has set the ambitious target for their each entity.
The sheer number of projects currently running and in the pipeline for KP Group hasn’t stopped Faruk from hitting projections and setting bigger goals for the future. “Regarding KPI Green Energy, we jumped from 49 megawatts to 100 megawatts in IPP, and nine megawatts to 65 megawatts in CPP last year,” he says. “We have another 162 megawatts in the pipeline so we’ll cross 300 megawatts in March 2023.
He maintains a strong bond with vendors and suppliers by following three key rules.
First, their payment should be on time. Second, the clarity and quality of materials should be very particular. Third, employees must respond immediately to their queries,” he says.
For each material, KP Group has five suppliers at any given time to maintain the quality of products. “We have around 237 items and a minimum of 1,000 suppliers and vendors, out of which, around 25–30 suppliers are key to the running of the business,” he says.
All the active projects, as well as those in the pipeline, contribute to KP Group’s top line. According to Faruk, together, KPI Green Energy, KP Energy and KP Buildcon will command a revenue close to US$600 million by 2025.
KPI Green- Turning Sunshine Into Cashflows (06-09-2022)
Farukhbhai Patel ji covered by " CEO Magazine".
Attaching some main points from the interview
The KP group has set the ambitious target for their each entity.
The sheer number of projects currently running and in the pipeline for KP Group hasn’t stopped Faruk from hitting projections and setting bigger goals for the future. “Regarding KPI Green Energy, we jumped from 49 megawatts to 100 megawatts in IPP, and nine megawatts to 65 megawatts in CPP last year,” he says. “We have another 162 megawatts in the pipeline so we’ll cross 300 megawatts in March 2023.
He maintains a strong bond with vendors and suppliers by following three key rules.
First, their payment should be on time. Second, the clarity and quality of materials should be very particular. Third, employees must respond immediately to their queries,” he says.
For each material, KP Group has five suppliers at any given time to maintain the quality of products. “We have around 237 items and a minimum of 1,000 suppliers and vendors, out of which, around 25–30 suppliers are key to the running of the business,” he says.
All the active projects, as well as those in the pipeline, contribute to KP Group’s top line. According to Faruk, together, KPI Green Energy, KP Energy and KP Buildcon will command a revenue close to US$600 million by 2025.
Mahanagar Gas Ltd – a natural monopoly (06-09-2022)
Why not focus on Gujarat gas which has more market reach? they are spread across 6 states…
Mahanagar Gas Ltd – a natural monopoly (06-09-2022)
Why not focus on Gujarat gas which has more market reach? they are spread across 6 states…
Hero Motor – Leader in two wheeler (06-09-2022)
Well, I was wrong, and Hero will be launching two-wheeler under Vida brand only.
Hero Motor – Leader in two wheeler (06-09-2022)
Well, I was wrong, and Hero will be launching two-wheeler under Vida brand only.
PG Electroplast – Potential for cooler returns? (06-09-2022)
Amber Enterprises(Competitor in AC segment) is also posting robust growth:
AC: sales 138% YoY, motor division: 131%
Electronic subsidiary is supplier for BoaT.
Component Ac/Non AC segment: 218% YoY
23cr forex loss, but it is MTM loss(company saying it will pass it on to client next quarter), it is not realized loss.
Aiming to be RAC/RAC component vs other business as 50-50%(currently its 70-30%)
Capex:400cr this year, 150cr more is subjective depending on customer
Next year: only R&D and maintenance capex, 150-175 cr.
net debt: 625cr
gross debt: 1300cr
It’s Sidwal subsidiary is supplier of AC components to Indian Railway and Metros which is also steady and growing arena. Sidwal estimated to grow 15-20% annually
if India reaches 10 mil annual RAC by 2025, aims to have 28-29% market share. even then No capex required for assembly part. need capex for component side.
currently 26% market share by value terms.
Personally found Amber management more responsive, open and cordial than PGEL.