When are the FY24 results expected? Couldnt find any date online.
Posts tagged Value Pickr
IRM Energy – A new kid on the (listed CGD) block (25-05-2024)
am completely agree with you. I exited too
Microcap momentum portfolio (25-05-2024)
@visuarchie My list exactly matches to this. How to calculate EMA as the excel file had DMA formula. Should i change this formula?
Also when i am creating the first order (Monday 28th May) can i include the ones which is newly entered or should i stick to the list mentioned above (the ones which is still under Top 30)
My portfolio updates and investment journey (25-05-2024)
Hello I was reviewing payment banks and got interested in fino play and digispice. Can you give your rationale of choosing fino play over other similar companies? Thanks.
Smallcap momentum portfolio (25-05-2024)
@stuti_agarwal I have talked about the rules I follow previously also.
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Yes, the X amount that is available from exits is evenly distributed across the new entrants.
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I do not make any changes to the stocks that are continuing from the previous week.
Every now and then, I make a lumpsum investment. At that time, my goal is to ensure equal weightage for all stocks in the pf. I distribute the amount across all stocks so that I have equal amounts in all.
Galaxy Bearings (25-05-2024)
Further deep dive into Orbit Bearing’s numbers: Managerial Remuneration is 22 Cr which means we’re talking about an opportunity in a 27% PBT Industry.
They did a gross margin of 42% (FY23) and a pre tax RoCE of 20.30% (FY23) and 26.20% (FY22) - post managerial remuneration.
Cash Conversion Cycle seems to be 298 days for FY23 - which is what’s dragging RoCEs down despite such high margins.
Property Plant and Equipment was only 89 Cr in FY23 which means they have fixed asset turns of over 7x.
This is similar to Galaxy’s numbers where on a gross block of 20 Cr they do a revenue of 127 Cr.
Not to get ahead of ourselves but assuming a Fixed Asset Turn of even 5x (assuming land is more expensive now) - they should be able to add another 175 Cr of business with Phase 1 of this CAPEX. If we go by the capacity they’ve added, it should take them closer to Orbit Bearing’s numbers (who has a capacity of 10 Million).
Zen technologies – A micro cap in the defense space! (25-05-2024)
Management clearly stated that risk in q3/q2 concall…
Shilpa Medicare -Racing away on the Oncology API highway! (25-05-2024)
For Q4 FY24, Shilpa Medicare:dna: reported the following consolidated financial results:
Net profit was 245 million rupees, compared to a loss of 81 million rupees year-over-year (YoY). Revenue increased to 2.92 billion rupees, up from 2.64 billion rupees YoY. EBITDA rose to 699.2 million rupees from 370.2 million rupees YoY, with an EBITDA margin of 23.97% , up from 14.05% YoY. The company had an exceptional item of a 61.3 million rupee loss.
Shilpa Medicare has achieved significant financial improvement, transitioning from a net loss to a net profit, with notable increases in revenue and EBITDA. Seems to be a turnaround candidate getting ready within next 2-4 quarters. Company sitting on a huge operating leverage it can start kicking in numbers after 2-3 quarters anytime. Keep an eye on this. I guess this is the sixth consecutive quarter where the numbers have been improved.