Just to post latest update on this thread, Dishman Pharma has got license to produce tuberculosis drug from subsidiary of Johnson & Johnson (Janssen).
Read more at: http://www.moneycontrol.com/news/buzzing-stocks/dishman-pharma-to-make-tb-drug-exclusively-for-jj_3209821.html
Posts in category Value Pickr
DISHMAN PHARMA — ? flag formation (29-09-2015)
Skipper Ltd., distributing Power and Water, Is it a moat in making? (29-09-2015)
Hi @mmpcse, Great analysis. Thanks 
Poly Medicure – at an inflection point! (29-09-2015)
Poly Medicure Ltd has informed BSE that the Company has received "GOLD" Patent Award for financial year 2014-15 on September 23, 2015 in recognition of commendable contribution in Medical Devices from Pharmaceuticals Export Promotion Council of India (Set up by Ministry of Commerce & Industry, Govt. of India).
The Company has also received ''First Position" Export Award for financial year 2013-14 and 2014-15 on September 25, 2015 in the category of Plastic Medical Disposables from The Plastic Export Promotion Council (Sponsored by the Department of Commerce, Govt. of India).
Indag Rubber – inflection point? (29-09-2015)
Thanks jaitoshniwal1 for the info. Tax exemption till FY15 and Excise benefit are very objective information which I tried to search in the Annual Report for 2015 but couldn't find it.
They seem to be paying tax may be there is some special rate but shouldn't it be mentioned in Annual Report?
Profit before tax 4204.95
Profit after tax 3258.86
Similarly there is nothing much about Excise duty.
Disc: Invested and novice in reading financial statements.
Torrent Pharma Ltd (29-09-2015)
Key molecules for US market from torrent pharma in fy 16 would remain abilify and l detrol. Innovator had sales of 570 million USD and there seems to be limited competition for torrent in the molecule.
projections for the products based on a recent in depth research report are
abilify for fy 16 -- 156 million USD and for fy 17 ---20 million USD.
detrol for fy 16 --- 49 million USD and for fy 17 ----- 57 million USD.
nexium for fy 16 --11 million USD and for fy 17 ----45 million USD
minocycline at 20 million USD for both fy 16 and fy 17.
We will of course need the pharma enthusiasts in our group to verify these projections.
GRUH Finance – mini HDFC (29-09-2015)
Absolutely, missed this NHB funding, which is critical. Good observation.
GRUH Finance – mini HDFC (29-09-2015)
Advantage of being classified as HFC is simple. You get finance from NHB. Banks have source of low cost CASA deposits. For HFC, low cost NHB funding is great to have.
GRUH Finance – mini HDFC (29-09-2015)
without hurting any one's sentiments, I'm surprised why this question of 'having different subsidiary' should be seen as something that needs investigation by Sherlock Holmes?! May be there is some reason, but why speculate that the reason behind this is with ulterior motives!!
"If you think like an owner, you will know why..."
Answer: The reason is, lending money with around 10 lakhs loan is a completely different ball game altogether. You cannot have same appraisal process, risk management systems for both! A company can manage both, but managing differently could lead to better business properties for each.
For example (1), in recent times Maruti has branded its newest small SUV (S Cross) under NEXA branding. Why? A premium customer requirements are different than a sub-premium customer. I'm not condescending anyone one. A premium customer looks at overall ownership experience like having a relationship manager, buying experience, features, ambience, while an Alto customer will come pay, take the car. (again no disrespect to Alto owner, just putting things in perspective).
Example 2: You cannot have a single relationship manager for customers with 10 crore net worth and customers with 50 lakhs because the requirements are completely different, the investment avenues for a 10 crore customer are too many, for example.
There is simply too much of background check/work that needs to be done while lending to a non-salaried customer, why a BIG bank like ICICI bother about this as their lending cream is with working capital loans, big ticket loans, developer loans. An HFC has only ONE business stream - LEND to low income, non-salaried, so they WILL have to take that pain of appraising a prospective customer.
Not sure, if I'm able to put what's in my head into my writing. ANYWAY, this is not at all a point to consider while choosing to invest in HFCs, in my honest opinion and I could turn out to be an idiot but at the end at lease I would know why I became an idiot!
Well, my honest views, not posting towards anyone!
Page industries (29-09-2015)
You would need to keep in mind that we are not justifying adverse combination of valuation vs. expected growth
Ranvir’s Portfolio (29-09-2015)
IT is not represented in my portfolio as I just can not understand IT.....its beyond my circle of competence. Not that I understand pharma too well either....but at least the more I read, the more I learn about pharma stocks. But in case of IT, even that doesn't happen.
I have reasonably good understanding of Banking and FMCG stocks.
As far as agro chemicals are concerned, I would be glad if you can suggest any names.
About KVB and Jagran Prakshan, I've also started having my doubts. I think I should wait for another 2-3 quaters to see if there is any uptick in performance.