Yes, its consolidated in their revenues and profit lines. Please read their ARs, its clearly mentioned there. Also, NED energy is their worse vertical, hasn’t grown at all and consumed a lot of capital and management bandwidth.
Posts in category All News
Time technoplast (20-07-2024)
Yes. But do revenues get pulled into TTs books?
I’m unable to find itemised breakups in any official documents.
The real juice will be potential growth via solar / EV / railway batteries - all high demand segments considering current & near term market demands.
Not to mention composite cylinders for Hydrogen & the legacy business.
Seems too good to be true. Seems to be true, too.
Samajwadi Party chief Akhilesh Yadav will attend TMC martyrs’ day rally on Sunday: Mamata Banerjee (20-07-2024)
Piccadily Agro Industries Ltd (20-07-2024)
So what is the point? Undiscovered or there is no standing of it in industry?
CreditAccess Grameen: Traditional MFI model, efficiently operating at scale (20-07-2024)
Have you checked on the ground ?
Had it been following vulture practice how will they grow in rural area where word of mouth travels like wildfire. people live in close knitted communities there.
I suggest you recheck and do update if you find anything. Thanks in advance.
Credit Access is one of the Most Ethical company in the Micro Finance Industry No one come near it. They offer Micro loans at better rate than anyone else in the Market.
Results are flat: 1. Cash movement was restricted due to general elections 2. There was severe heatwave in many parts of India.
Disc: I have Invested with the company since 2021.
Time technoplast (20-07-2024)
Yes , Time Tecnolplast holds 97.04% equity of NED Energy Limited .
Nesco (20-07-2024)
AR24 notes
FY24 AR:
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98% of Tower 03 (vs 82% in FY23) and 98% of Tower 04 (vs 97% in FY23) are occupied
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Expansion plans
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FY24 CWIP includes 79.04 cr. for 2+ years is towards construction of Tower 2 in IT Park division which is under statutory approval stage from the MCGM.
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Bombay Exhibition Center – plans to construct new halls and is obtaining government approvals
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Renters : HSBC, KPMG, PWC, MSCI, BlackRock, Here Solutions, Framestore, Priceline, WeWork, Apollo Finance, Ericsson, etc.
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Had 100+ guest exhibitions (vs 83 in FY23) with 6 exhibitions coming back that were absent in previous years
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Events: 25 events were held (vs 10 in FY23) (10 by Nesco + 19 in alliance with clients)
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Indabrator division commissioned high value 28 CFT Tumble Shot Blasting Machine at NALCO in Orissa, and commissioned other machines for Railways, Defence, Spare, Research, etc. Have been taking small orders for designing and supplying of complete painting or powder coating or phosphating in last 2 years, and looking to expand further in FY25, focusing on new casted products and customized heavy fabrication opportunities.
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Company’s liquid resources increased from 1178.79 cr. to 1502.91 cr.
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CSR spends : 5.04 cr. (vs 4.41 cr. in FY23)
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Auditor remuneration : 40.35 lakhs (vs 35.34 lakhs in FY23)
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Employees : 220 (vs 261 in FY23), managerial remuneration increased by 137.83% (vs 61.02% increase in FY23), for other employees remuneration increased by 11.79% (vs 9.5% in FY23)
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# shareholders : 47’784 (vs 37’631 in FY23), price (low): 520.3, price (high): 934
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Property tax (contingent liabilities) : 14.11 cr.
A number summary below.
Disclosure: Invested (sold shares in last-30 days)