First, here is a disclaimer: This is my first company post on VP. I am invested and, hence, biased. Being a medical professional, I am slightly LAZY to type.
So the company is Vasa Denticity.
Above is the screener snapshot. It is an SME with a minimum lot size of 250 stocks.
Let me post this recent development here to GRAB your attention.
The famous Ashish Kacholia is also invested in this on June 2023.
Below are the latest results, the investor presentation, and the conference call. ( No YouTube video available)
https://nsearchives.nseindia.com/corporate/QuarterlyFinancialResultsVasa_26072024175502.pdf
https://nsearchives.nseindia.com/corporate/DENTALKART_21052024220009_InvestorPresentationFY2324.pdf
https://nsearchives.nseindia.com/corporate/DENTALKART_27052024124344_TranscriptEarningCallFY2324.pdf
Also, below are a few YouTube videos covering more details about the company and promoters.
Story of Dentalkart’s Founders – Dr. Vikas Agarwal and Sandeep Aggarwal
He Earns 100 CRORES By Selling Dental Care Products | Dentalkart | EP 43 Mad Over Growth
PLEASE go through the above details along with screener data and make your own decision.
My simple logic for investing
- Near Monopoly
- Shift from unorganised to organised
- Higher disposable income will lead to better dental health
Risks
- Any regulatory risk like price cap on products, etc.
- Amazon / Reliance / Adani entering this space ( Looks unlikely considering the small niche segment)
One negative point is that Promoters are giving sales growth guidance, which they have not been able to achieve in the last 2 quarters. They should give conservative sales growth numbers.
My basic premise is that this has the potential to reach a 10k Cr market cap in the coming years, provided there are no major hiccups in the journey.
dr.vikas
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