Posts in category All News
Will defeat Modi and BJP in Gujarat just like we defeated them in Ayodhya: Rahul Gandhi to Congress workers (06-07-2024)
Pharma Industry update (06-07-2024)
No worries, sir. But you can always search the topic next time before making a new post. Helps in discussion continuity.
Bajaj Finance Limited (06-07-2024)
Why would business and profit gonna decrease. Both will increase
Rise of Telegram-friendly chain spurs talk of crypto super app (06-07-2024)
Strength of NDA-led central govt will be maintained for next 5 years: Chirag Paswan on RJD chief’s statement (06-07-2024)
Focus Lighting & Fixtures Limited (SME) (06-07-2024)
All the infra projects for the company are based in India. However, If we look at the standalone Receivables, it has hardly changed from 35 cr LY to 34 cr TY. It’s the overseas subsidiaries receivable which has increased from Nil Last yr to 52 This Yr (Against an Overseas Revenue of 90 cr) !!
Not sure why the management would not mention anything along these lines and put it on Infra. Am I missing anything ?
However, to be fair to them, ~85% of their receivable is under 6 months and only ~12 cr > 6 months which corresponds more closely with the infra number.
Not Invested. Tracking.