Comparing AR’s of 22 and 21 it seems they are progressing well with their whiskies.
They produced 1511 cases of Indri( 19 only in previous year),2646 cases of Kamet(1250 previous year)14103 cases of whistler(9179).
The new AR also says that sugar produced and recovery ratio was lower this year but Sales overall increased from 224 crores to 276 crores.
So seems the whiskies are doing the lifting .
Indri has won 8 awards since March 22 and they have 40000 barrel stock and planning to add 30K more.

Indri came second in this one recently…

Does anyone have any estimate how profitable this can become if it becomes as successful as Rampur,Amrut or Paul John ? I have no clue myself .

Disc . Invested 2% of portfolio

“Don’t ask the barber whether you need a haircut.”

• Warren Buffett

Buffett has always held that “experts” or agents have vested interests when it comes to business which is why it is important to do one’s own research. “Don’t trust forecasts or projections, especially from someone who has a financial interest in making those projections,” he had said.

I also know the handle and being from IT sector myself,keep an eye on his posts. But frankly , IT is a vast sector and the guy may stay in Germany and work in IT, he surely is not the one stop shop for IT investing ideas. Problem with Twitter is that you need to keep posting stuff to keep your followers . As I see it,this guy is good for judging mid to large orgs but very impatient all the same.
I have been following IDA for a year now and I wonder how anyone says mgmt does not follow through . They have been most transparent and clearly guided for margin pressure and uneven QoQ results as the business has not reached the stage where they have enough pool to bag bigger orders.Managemet has always said look at YoY not QoQ . This guy must show his expertise so he said "I said so,delayed deals etc. “”
As I see it,these guys had a good run because of the 20-21 bull run and drummed their own picks as everything went up ,then poked fingers at whichever they did not have and then sold those picks which did not holdup and pointed fingers again.While I agree with this guys comments on HM and Tanla,I think he has wrong ideas about IDA and Mastek. IDA is a longterm investment and if one can not stomach the sinuaoidal QoQ PAT profile even when knowing the businss well,then its indeed better to exit .Mgmt has clearly guided for few quarters of lower OPM due to hiring resurces to catch bigger projects.If one does not have trust in the management after reading the concall transcripts,its better to look somewhere else.
Disc. Invested.

Hello All,

I’m looking for a platform to invest in bonds in India… Any good platform recommendation please…

I see it is not available in discount brokerage like zerodha.

Thanks,

Decide after Q2 results. They will come in before the buyback tendering probably starts and definitely before it ends. In most likelyhood you would want to tender. Whether you backfill it from market or not will be an easier call to make then.