It has been clarified multiple times in concalls. As overseas subsidiaries have started performing very well, management doesn’t see the need to divest them at cheaper prices. Without restructuring, they’re able to achieve all there stated goals i.e: capex for value added products, debt reduction and 20% ROCE (They’re on track for all 3)
I do not see any lack of transparency in management communication. We’ve been kept updated throughout.
Maybe I’m biased as it’s my biggest holding and gainer.
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Very well covered Vinay .
My quick short investment thesis :
Right to win :
2)Huge tailwind of sector in India being truly part of circular economy .
Scalability of the proof of concept .Already got approval for 2 more plant and hence 3 x capacity expansion in 2 years .Will be surprised if its not 5 x in 5 years .
On Plant and Machinery /capex cost they get subsidy from different states which is between 40-80% of the cost which will help in ROE over years .
ROI /ROE is a factor of rotation of capital x net margin % .Here Hi green Core ROE/ROCE will be high as converting waste into finished product (input cost 16-18 per kg but 3 finished products are sold between 25-45 per kg ) .See the enclosed tweet if interested for the concept .
https://x.com/debu_neogi/status/1815222164124999976?s=46
Risk :
1)Regulatory (very complaint now)
2) Getting Bigger customers at scale (can be achievable )
Discl :Hold more than 1% of company hence views may be biased
Airtel Finance launches fixed deposits with up to 9.1% interest On the Airtel Thanks App platform, customers can book and manage fixed deposits directly without opening a new bank account with a minimum investment of ₹1,000
Hi Amit, this is a nice write-up about Aimtron and one that has helped me a lot in understanding a newly listed SME. A quick question – why would you not compare them with Kaynes instead of Moschip? Is it because of their current product portfolio being more PCB and IDS than Box Build?
Alchemy Capital Management Private Limited, which had consented to subscribe to up to 2,68,817 CCDs, has not been allotted any CCDs by the Company due to their PAN is reflecting equity trades, as per the queries raised by BSE.
Ms. Deepa Sondhi has declined the offer to subscribe to CCDs made by the Company. Therefore, the Company will not be allotting any CCDs to Ms. Deepa Sondhi.”
This caught my attention. I wonder what the part about Alchemy Capital means. It’s not very clear.
Anyone knows what are the top 10 products or API for Glenmark life science?
highways is totally different business… it is like running a restaurant chain not lounges… there could be investments required in getting space, etc. margins could be higher or lower depending on the dynamics of business and execution… i think if company goes very aggressively into this for growth it may backfire.
they should try to focus on international business which is replication of what they are already doing and have been very successful…
for me dreamfolks has changed to high risk and high valuation company…
This blog of Portfolio Yoga also doing this from 2015-2016, I guess