(post deleted by author)

@ChaitanyaC
Noted

@VIFL
There is a thread, I will keep you guys updated there.

@trinadh
Screener Specter opens when you click on the drawer that appears near the top right of the page while you’re on a company page on Screener. It offers a quick glance at forensic insights, helping you to dig deeper into relevant areas. The extension complements Screener’s data by highlighting potential red flags or areas that may need closer attention.

If you have more questions or need further assistance, feel free to ask!

Additionally, I’m a little unsure on the long-term pricing stability for Ammonium Nitrate which is basically contributing to 50-60% of company’s EBITDA currently.

1. Demand – As per their presentation, industry is highly counting on 11% YoY growth from both coal and steel industry (combined 20% growth in TAN deman). Not exactly sure, how sustainable this is, please chime-in
2. Supply –
   Here, I have a question. Is there any distinction in the ammonium nitrate being produced by the company for which it’s commanding higher market share or is this due to other players not having their own capacity.

• Russian production is at pre-war levels and they’re doing 1 MTPA additional capex this year
• Indian capacity (only counting major players) would pretty much break-even with FY26 projected demand and any additional dumping could lead to pricing pressure.

Below is a very rough back of the envelope calculation:

Basically what I’m seeing is that everything needs to go right for the company to give good returns. If someone can help shed some light on what I might be missing.

Also, can someone help me out on how Ishmohit has projected 950-1000 Cr PAT growth for the company? Isn’t June supposed to be the biggest quarter for them and major capex are scheduled for FY26H2?

Praveg’s Investors meet –
28 Aug – Kotak Insurance, SBI Insurance, Lucky Investments(Ashish Kacholia Sir), Goldman Sachs

29 Aug- JM AMC, LIC AMC, Monarch AIF

After Q1FY25concall, Institutional Investors showing interest in the co means co is going on right track.

Q1FY25 concall highlight-

• Top line target is 300cr(330% up YoY)
• Capex for FY25 is 175-200cr (150cr capex for lakshaweep)
• Operating hotels – 12 (619 rooms), in Q2FY24 they had 4 hotels (301 rooms only)
  {2x in less then 1 year}