Is this net of transaction costs and more importantly STCG costs?
Smallcap momentum portfolio (13-10-2024)
Nippon SmallCap 250 index has given 41% in last 2 years, comoarable to your period , so alpha of 7% compared to index fund.
Garware Hi-tech films (Earlier Garware polyester) (13-10-2024)
Hi everyone,
I used management’s ₹2,500 crore revenue guidance to construct what FY26 might look like for Garware Hi-Tech Films Limited
Based on management’s guidance, I estimate a 22.1% revenue CAGR and a 41.4% EPS growth over the next two years – from FY24 to FY26
There were 2 key assumptions of note:
Firstly, I went with 22% EBITDA margin – which is in line with management’s 20-25% guidance
Secondly, GHFL holds ₹275 crores in debt and arbitrage mutual funds. Now with profits of ₹19.4 crs flowing into last year’s P&L as “other income” (page 149) & combined with gains from exchange rate fluctuations (₹16.3 crs) – it’s a bit tricky to estimate “other income”. Hence I’ve conservatively kept it at ₹40 crores for FY25 & FY26
To put it all together, I’m getting an EPS of ₹174.4 for FY26 – which is exactly double of where the company closed in FY24
Hope this helps.
Smallcap momentum portfolio (13-10-2024)
Just to compare…Tata Midcap 150 momentum 50 fund also started in october 2022, almost at the same time, when u started your midcap fund. Their returns are 41% while you got 46% , so 5% more.
Ranvir’s Portfolio (13-10-2024)
Risk related to this industry-
Credit- SOIC
Ranvir’s Portfolio (13-10-2024)
It has fixed rate loan book, so when RBI starts cutting interest rates then it will be additional benefit for the company, am i getting it right sir?
Amit Singh Learning page (13-10-2024)
Unit economics for Solar companies.
Data is approximate post reading cell manufacturing, module mfg, and EPC companies.
Solar Cell mfg- Rev 1.1 Cr/MW, PAT margin 21%
Solar Module mfg- Rev 2.3 Cr/MW, PAT margin 13%
Solar EPC- Rev 4.4 Cr/MW, PAT margin 15%
Ranvir’s Portfolio (13-10-2024)
Sir the way you present concall summary is just amazing.
BLS International (13-10-2024)
BLS International Services | Acquisition Plans | Shikhar Aggarwal | Pearls of Fisdom | Nirmal Bang
[
Shikhar Aggarwal discusses the company’s latest quarterly …
www.youtube.com › watch
](https://www.youtube.com/watch?v=N1rcf-yat_Y)
Sula vineyards – pioneers in indian wines (13-10-2024)
Totally agree, I see TAM is big for wine industry in India, Company get more than 50% of the revenue only from one state, which means there are 27 other states to capture. However I feel the point that company has to educate the consumers.1% of the total alcohol market is wine in India, if the whole market needs to grow , someone needs to spend heavily in promotions and advertising, opening of new vineries can help till an extant only, you can’t open vineries in every state (due to climatic condition) , opening tasting rooms can work but company seems to be too slow in it, management is distributing around 60% to 70% in the dividends, while if you want to grow , this money should be aggressively used in expansion. I tried putting my views about management and how confused it looked in the concall at different points in detailed youtube video. I have pinged it in my x profile.
X – @amitsinghpal