- Consolidated operating income up 18% YoY to INR 5,676 million
- EBITDA grew 31% YoY to INR 641 million (11.29% margin)
- Net profit increased 35% YoY to INR 448 million (7.89% margin)
- Engineering division: Revenue +13% YoY, EBIT +26% YoY
- Chemical segment: Revenue +36% YoY, EBIT +36% YoY
- Consumer division: Revenue +9% YoY, Loss of INR 34 million
- Chemical plants operating at 65-70% capacity utilization
- Capacity expansion in chemical segment
- Focus on penetrating international markets for chemicals
- Consumer segment prioritizing scale over immediate profitability
- Roha chemical plant investment of INR 400 crores
- INR 125 crores allocated for new technology in Roha plant
- Engineering segment: 15-20% topline growth expected for FY25
- Chemical segment: 15% growth guidance maintained
- Engineering order book at INR 3,394 crores
- UP project residual value: INR 813 crores, significant execution expected in H2 FY25
- Roha plant expected to reach optimal capacity utilization in 3-4 years
- Asset turnover of over 2 times expected on INR 275 crores investment
- Positive government policies creating opportunities in water treatment sector
- Some legacy projects impacting engineering margins, expected to improve by Q4
- Chemical segment performing well with robust margins
- Engineering segment expecting improved execution in coming quarters
- Management change planned from October 2024
- Focus on international opportunities, especially in Middle East, Africa and Southeast Asia
Posts in category Value Pickr
Ion Exchange (India) Limited (25-08-2024)
Microcap momentum portfolio (25-08-2024)
Hi @araman, I have quite good experience and expertise in Google sheets. We can connect and work on this together if you are willing.
@9916673623 I use kite historical API. And have developed few algorithms too. Let me know if I can also join you and help in whatever way possible.
In case the Google sheet method works then we can try and create historical investments and weekly and CAGR for everyone’s benefit. If Google sheet can’t be used we can perfect the entire process in python along with historical investments and returns.
Smallcap momentum portfolio (25-08-2024)
Update for entry on 26th August 2024 (lookback dates: 25/08/2024 and 23/02/2024)
50EMA (17214) > 200EMA (15319); hence, we can continue without any change.
Based on ranking:
- GLENMARK
- COCHINSHIP
- PCBL
- POWERINDIA
- INOXWIND
- CDSL
- GRANULES
- MOTILALOFS
- DEEPAKFERT
- MCX
- SUVENPHAR
- ARE&M
- BIKAJI
- DOMS
- GODFRYPHLP
- SIGNATURE
- HSCL
- HUDCO
- CHOLAHLDNG
- JAIBALAJI
Based on A → Z for easy tracking:
- ARE&M
- BIKAJI*
- CDSL*
- CHOLAHLDNG*
- COCHINSHIP
- DEEPAKFERT
- DOMS*
- GLENMARK
- GODFRYPHLP*
- GRANULES
- HSCL
- HUDCO
- INOXWIND
- JAIBALAJI
- MCX*
- MOTILALOFS*
- PCBL*
- POWERINDIA
- SIGNATURE
- SUVENPHAR
Exits:
GRSE, KFINTECH, NBCC, TRITURBINE and VGUARD make an exit.
360ONE, BLUESTARCO and KAYNES stay within the top 25 and hence remain.
Entries:
BIKAJI, CDSL, MCX, MOTILALOFS and PCBL make an entry.
CHOLAHLDNG, DOMS and GODFRYPHLP cannot enter as there is no vacancy.
Ranvir’s Portfolio (25-08-2024)
Sir what metrics do you use to value Hotel sector , as it is a cyclical sector i use P/S to value them, please correct me if i am wrong.
My understanding of Hotel sector- capex done by many big players like- Chalet, Indian Hotel, Lemon Tree, Praveg etc and all going to be live soon in FY25 end or from FY26,so there is a growth ahead in Hotel industry,my concern here is of over-capacity, how do you think of it?
Hitesh portfolio (25-08-2024)
Pyramid technoplast has not been able to deliver expected results, whereas Time techno has been consistently giving good results since past many quarters.
Plus business model and some products of both companies are slightly different. So comparing the valuations of two companies does not make too much sense.
Besides valuations are something given by markets. If Pyramid management talks and compares about valuations given by markets, its not their place to do so…
Microcap momentum portfolio (25-08-2024)
Update for entry on 26th August 2024 (look back dates: 25/08/2023 and 23/02/2024)
50EMA (23618) > 200EMA (20593); hence, we can continue without any change.
Based on ranking:
- PGEL
- WOCKPHARMA
- TECHNOE
- STAR
- CHOICEIN
- SHARDAMOTR
- BASF
- PURVA
- ZENTEC
- TIMETECHNO
- GRAVITA
- IFCI
- LTFOODS
- JYOTICNC
- NEULANDLAB
- TVSHLTD
- UFLEX
- VMART
- ANANTRAJ
- WABAG
- NAVA
- KIRLOSENG
- KESORAMIND
- TIDEWATER
- IIFLSEC
Based on A → Z for easy tracking:
- ANANTRAJ
- BASF
- CHOICEIN
- GRAVITA
- IFCI
- IIFLSEC*
- JYOTICNC*
- KESORAMIND*
- KIRLOSENG
- LTFOODS*
- NAVA
- NEULANDLAB
- PGEL
- PURVA
- SHARDAMOTR
- STAR
- TECHNOE
- TIDEWATER*
- TIMETECHNO
- TVSHLTD
- UFLEX*
- VMART
- WABAG
- WOCKPHARMA
- ZENTEC
Exits:
DHANUKA, GRWRHITECH and KPIGREEN make an exit.
NETWEB, RTNPOWER and SUDARSCHEM stay within the top 30 and hence remain.
Entries:
JYOTICNC, LTFOODS and UFLEX make an entry.
IIFLSEC, KESORAMIND and TIDEWATER cannot enter as there is no vacancy.
Microcap momentum portfolio (25-08-2024)
@araman Answering on behalf of @9916673623
- Working with Yahoo Finance. There are differences in the numbers between Yahoo Finance and Google Finance. Numbers with Google Finance are correct and match with NSE data.
- Yes, will provide a table with the top 20 or 25 stocks that meet the criteria.
If you can do within Google Sheets itself; excellent!
MAS Financial Services – High RoEs, Decent Growth (25-08-2024)
Wow !!
you thought NBFC Business was that easy ??
Check History of SKS Microfinance
Check History of Bandhan Bank
If somehow you can link cost of Capital with it i can still understand hesitantly .
Even with Deep pockets likes of HDFC or SBI don’t jump the path.
NBFC needs lot of local understanding, it’s not like you give money and money works for you.
You have to sit with people work with people to thrive. And this sector can go NPA route based on any out of Normal event.
Covid: NPA
Chennai Flood: NPA
Multi District Riots: NPA
Local Outrage\Non Obligation\Suicide if pressured\ Politics : NPA
Sorry If i offended you.
Captain Polyplast (25-08-2024)
The major concerns I have is:-
- The micro irrigation industry has many unlisted players as well and the pricing is very competitive.
- There is potential of demand increase but at the grassroot level the farmers don’t adopt this because they don’t have much spending power and it is also very difficult to persuade them to change their farming methodologies.
- The price run up is majorly due to captain pipes buying shares and this is a related entity. We may make the case that the promoters see substantial upside.
Positives:-
- Management seems good.
- Undergoing capacity expansion.
MAS Financial Services – High RoEs, Decent Growth (25-08-2024)
May be this words are superlative, but I think most of the NBFCs will suffer hard after jio s entry.
See they will grasp top level for sure, baki kachra baghega wo NPA ke alawa kuch nahi dega…
This people already down their flags by focusing on home loans, this is something like reinventing the wheel…
Disc. Not invested