Posts in category All News
Land ordinance to be allowed to lapse: PM (30-08-2015)
Tata’s revenue rises to $108.8 bn, headcount crosses 6 lakh (30-08-2015)
Sebi to review surveillance systems; fast-track enforcements (30-08-2015)
Amid a sharp surge in volatility in Indian stock markets, Sebi has stepped up its surveillance to ensure that no unscrupulous players take genuine investors for a ride.
Telangana govt considers policy on incubation (30-08-2015)
Nation shocked, pained at Gujarat violence: PM says in latest Mann Ki Baat (30-08-2015)
Paushak Ltd. – Alembic’s agrochemical business (30-08-2015)
So I went through the list of questions again and these are the responses I got from talking to the company to some similar questions:
1) What percentage of sales is from exports? - The company's sales vary largely depending on the orders without any particular trend/predictability of exports/domestic sales. They aren't contract manufacturers so their orders depend on customer's demand.
2) They were fairly resistent to giving out information about products since their products are specialized formulations developed by them. However, their isn't any particular thing stopping their competitors to develop the same products (no patents/IP rights)
Paushak Ltd. – Alembic’s agrochemical business (30-08-2015)
That's the international market size, they didn't seem particularly confident about that though, because they said that there are some fairly large manufacturers in Europe. They said that there are some large manufacturers based out of Europe but they aren't really competing because a particular manufacturer can only cater to companies geographically close to them.
They are currently investing into ensuring the safety conditions required to complete this expansion. I believe that the remaining expansion would be done altogether, however they haven't reallt projected a timeline for this.
Sorry Nikhil, didn't go through the list of questions before the AGM and saw it only after so I wasn't able to get particular answers to each of the questions.
Why Airlines do not fly on Value Investing (30-08-2015)
This post is a fantastic analysis of why airlines isn't usually a good business: http://investorsanthology.blogspot.in/2011/12/fundamentals-of-value-creation-part-ii.html?m=1
Sebi wants companies to adopt ‘Dividend Distribution Policy’ (30-08-2015)
Besides, the policy may also require the companies to disclose a broad formula for dividend calculation, a senior official said.