Share has not increase even after stellar performance. Something is cooking up here.
Posts in category All News
KPI Green- Turning Sunshine Into Cashflows (12-11-2024)
Rather IPP is much better where you will get annuity. The payback period is 7-8 years and then total 25 years it will be there. They are doing CPP also but that will not be story of long term but IPP will give revenue in long term as well and that is the best part in Kpi
Aaron Industries Ltd- The Elevator Play (12-11-2024)
Latest Update on Capex:
AIL has clarified that the ongoing capital expenditure (Capex) project is still under development, and the recently shared PPT contained a typographical oversight.
The target capacities for this CAPEX, which is expected to be operational by December 24, are as follows:
The elevator division :
| Product | Existing Capacity (Per Month) | Targeted Capacity (Per Month) |
|---|---|---|
| Elevator Cabins | 150+ | 300+ |
| Automatic Doors | 2000+ | 5000+ |
| Safety Frames | 50+ | 100+ |
Other Components: Supporting parts and accessories for cabins, doors, and frames, which form an essential part of their product line, cannot be measured in specific unit terms.
In Stainless Steel division :
| Product Name | Existing Capacity (Per Month) | Targeted Capacity (Per Month) |
|---|---|---|
| Matt Polishing | 50+ Tons | 150+ Tons |
| Mirror Polishing | 50+ Tons | 100+ Tons |
| PVD Coating | 700+ Sheets | 2000 Sheets |
| Decorative SS Sheets | 500+ Sheets | 1500+ Sheets |
| Embossing | – | 100 Tons |
| Press Plates | 100 Plates | 100 Plates |
Note on Capacity Utilization:
All are interconnected in production process. For example, sheets may pass through multiple steps—such as embossing, matt or mirror polishing, and then decorative SS finishing—before reaching the final product stage. Thus, each process step contributes to a cumulative production journey for a single end product, and as such, the capacity utilized in each stage cannot be simply summed up as an overall utilization figure.
The primary focus area of the company is matt polishing, mirror polishing, PVD coating, and decorative SS sheets due to increased demand and customer interest especially post installation of embossing machine (put to use in Feb ’24 update); which is now commercially operational. Company has delivered trail batches to key clients and once they confirmed their complete satisfaction with the product quality, production will start in full swing.
Way forward:
AIL is expecting at least an additional topline of Rs 150cr on conservative basis post commercialization of CAPEX and successful installation of Salvagnini machine. The company is expecting to maintain EBITDA margins at 20% plus. At present, company do not foresee the need for further long term debt.
SG Mart- Can it successfully create a marketplace? (12-11-2024)
The 2nd question and answer you’ve mentioned – one from Ms Alisha – is from the previous concall. But the answer management has given is extremely relevant in this quarters results. The entire pretext of preserving the thin margin under all situations has been shaken. They said inventory days is 8, even if two price revisions happen each month – roughly 15 days each – how does this affect margins so severely is hard to understand.
One minor point was that during stressed periods they have to offer more discounts to their customers, which had lead to fall in margins. But this again points to weak pricing power. Overall disappointed with commentary
Cigniti – Special situation in cheapest IT stock with top notch management (12-11-2024)
There’s already a thread for cigniti please continue discussing there!!
Orchid Pharma Ltd (12-11-2024)
Orchid Pharma Result update – Inline Revenue, gross margins come higher
Robert F. Kennedy Jr.’s FDA Wish List: Raw Milk, Stem Cells, Heavy Metals (12-11-2024)
Robert F. Kennedy Jr., one of President-elect Donald J. Trump’s advisers on health, is taking aim at the agency’s oversight on many fronts.
China jitters, earnings drag Europe’s STOXX 600 down 2% to three-month low (12-11-2024)
European stocks experienced their sharpest decline in months, driven by anxieties surrounding U.S.-China relations under the incoming Trump administration. Concerns over potential trade tariffs, particularly impacting China’s fragile economy, fueled the sell-off. Downbeat earnings reports from companies like Bayer and Brenntag further exacerbated the market downturn.
P N Gadgil Jewellers Ltd (12-11-2024)
Its again a failure quarter.
Surprise is that its listed on 17.09.24 and started opening new stores around 03.10.2024, In less than a month they consumed 280 Cr towards store opening. Its very funny. I feel that company is eagerly waiting for the public money.
9 stores opening won’t happen in 15-20 days, they already spend their own money in opening stores and managed that with the IPO proceeds.
Futures trading ban fails to cool retail prices in India, say reports (12-11-2024)
‘Sans futures contracts, FPOs were unable to hedge against price fluctuations’