Please check the filling on the acquisition of Madhur confectioners, the first closing was mentioned for 31st october only. They would be consolidated in H2FY 25 results.
The h1fy25 growth numbers have been great considering q1 was 90 crs and q2 being 110 crs.
Aegis has announced filing of the Draft Red Herring Prospectus for IPO of AVTL for raising Rs.3,500Cr. I do not see the DRHP link on the SEBI website yet( SEBI | Public Issues), so cannot share more details.
Proposed initial public offering (“IPO”) of Aegis Vopak Terminals Limited
Trend has been to promise 100 and deliver 200 to 250% atleast for the last couple of years.
So i feel it will go like 100 percent for rest of h2 on base of h1, then 200% for fy 25 then 150 for fy26 and 80ish for fy 27.
Although it has to be taken with bucket full of salt. As upi is very sensitive to regulatory and Monetary policy changes. So it has to be perfect scenario for fy28 projections of 50k plus mkt cap company.
I generally tend to switch to opportunities where both my and the promoter’s convictions are strong. In this case, Jindal saw may not see any drastic improvements in growth rate at least for the next 6 months or until Government tenders start rolling out at full pace. So Found it wise to reduce weightage and switch to an opportunity where my capital is better utilized at least for the next 6 months. Long term story however remains intact.
Awaiting your analysis of Q2 results & guidance. 
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Any further update on it
This slowdown in result was very much expected, Their India business will suffer from chinese lighting equipment supplies and they operate in government projects where they award project to the lowest bidders…a system where growth is not possible without chori chakari (stealth & theft and fraudulent accounting and billing) … the company is not focused on increasing topline and bottom line. and to be honest I couldn’t understand its overseas operations. i am staying away from this… this is not an investment advice or influence on anyone.
Very relevant question asked by a participant in latest investor call. reply is not very convincing.I feel smart meter was a huge tailwind not being exploited by the company, Ev trend is also in danger of being missed out. What is forum’s view?
Disc: small tracking position in co, thinking of whether to exit or stay on.
Revenue Performance & Projections:
Strategic Initiatives:
Future Growth Catalysts:
Challenges & Mitigation:
Conclusion:
KDL shows robust growth potential with ambitious revenue targets supported by strategic partnerships, infrastructure expansions, and a diversified client base. While seasonal factors present short-term challenges, KDL’s long-term outlook remains positive with ongoing telecom and infrastructure projects set to deliver substantial growth through FY26.
In Q2 FY25, Kore Digital Ltd’s results showed a dip mainly due to monsoon disruptions, which are typical for the industry and impacted project timelines. The quarter’s EBITDA margin was lower at 8.32% compared to Q1, reflecting these delays in project execution.
Regarding assets and trade receivables:
These patterns are typical of Kore’s seasonally impacted business cycle.
Shrimp Feed
Shrimp Processing & Export
Ebidta margins in shrimp feed is on rise but margins in processed shrimp still declines, despite increase in shrimp cost reported all over in the news.
One thing good to see is that now company is diversifying its export geography. It will make it less dependent on US.
Overall I will continue to hold Avanti feeds. My buying price is 398 and holding it for almost 1 year.
Questions:
What is the maximum Ebita margin of shrimp feed that it can fetch in current cycle? In fy18 it has recorded 24 % ebit margin. All views are invited.