Promoter holding 0%?
Is this a time to buy?
They have added Kavach as an opportunity under their radar.
Indian Railways to roll out tender for 10,000 km of 'Kavach' - BusinessToday.
Looking at the contract of ₹280 crore for 260 km that HBL bagged in 2022, of which HBL’s work share is ₹206 crore, we can say that it will be a significant order. If Tejas wins the contract, their order book will also look impressive.
Example: Nayara Energy contract’s start date of 24.08.2021 was projected for 35 months and only has 7 pending months.
Scenario 1 - If you consider that the contract is going to end as mentioned in the end date. 23.99 crore revenue was booked for 28 months, which is 0.85 crore per month. So in the remaining 7 months, 16.57 crore revenue is going to be generated, which is 2.36 crore per month.
Scenario 2 - If you consider there will be a delay in the completion of the project. For this scenario, and to calculate the revenue, we can only depend on the management’s comments on the particular project.
So for Q4, as Epitome Industries’ order is the highest, we can clearly see that the projected revenue was very low compared to the projection calculated using the average pending amount.
Please correct me if I am wrong as I am new to investing in this sector.
Been reading up on the company. Lot of strengths and I think the medium term prospects look exceptionally strong. Near term may vary on how EVs pick up.
My key doubts from a long-term standpoint are:
Is there a threat to their business from alternate technology or design – Forum had a discussion on Hall effect sensors. I also came across a thread on twitter raising concerns around long term prospects for bimetals
x.com
Is there a threat of more competition in the longer term (from Chinese suppliers or backward integration of biggies). I feel “this is too small” for someone to bother isn’t a good enough moat pointer. That in itself means that the market or size of the company cannot be large enough.
Great company and prospects but trying to find satisfactory answers on these two longer term concerns.
Liked this topic very much as i have been in same dilemma too. Found a PMS that offers 1% flat fee and 15% commission fee on profit. They also say profit calculation for commission is with high watermark principle - probably this means that if you had 20% profit at one part of year of but end of year declined to 10% profit, may be they will charge you 15% on 20% profit, i am not so sure about this though. It also appears that returns you make may not be same as what PMS advertises. There can be impact cost since a many stocks in portfolio can be small caps or less liquid stocks and members of PMS buying and selling before you can impact your price. There will be capital gains tax as well and if you are investing for really long term , this impact can be calibrated at the end in MF. So overall it feels like unless PMS is providing a return that beats index by at least 10 - 15% consistently it wont even given same returns as index with all these additional costs. I would probably consider Nifty next 50 or Nifty midcap universe for benchmark since the one i am looking at doesnt invest in Nifty 50 though they are flexi cap philosophy. And the one i was looking at did beat it by 20% over one year My conclusion for now is that this option doesnt look worthy of risk. But will watch it over time to see how it performs and if it does beat index by 15%+ consistently over few years.
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