Can anyone explain what is this latest investment of ₹5Cr in Shantol Recycling Private Limited by company is all about
Posts tagged Value Pickr
Hi-Green Carbon Ltd – Play on Renewable energy endeavoring wealth from waste (23-05-2024)
Indian Metals & Ferro Alloys Ltd (IMFA) (23-05-2024)
IMFA posted a weak Q4 nos, largely due to increase in other expenses- gross margins remains healthy. Few interesting points:
- Co. declared total dividend of Rs.30/share in FY24- highest ever.
- Net cash on book currently at 300 Cr- strongest Balance Sheet in company’s history.
- Valuations are still around 5x EV/EBITDA- same as 10 years of median multiple despite the balance sheet turnaround.
- Fox Consultancy- public shareholder sold almost entire holding of 5% in last 1 year- pressure on the stock price is expected to ease out.
- Co. is generating 500 Cr CFO in a year where all other global players are suffering big time- South Africa due to Power issues and China due to rising chrome ore prices. IMFA made consistent 20% margins because of its backward integration.
- Upcoming capex of 1500 Cr will help to increase volumes meaningfully- entirely funded from internal accruals.
- Management expects additional INR ~250 Cr as final settlement on account of Utkal C ongoing litigation from JSPL.
Smallcap momentum portfolio (23-05-2024)
@visuarchie Is it normal to get your PF in -ve in the first week when you are starting with this strategy?
Manappuram Finance (23-05-2024)
Hey, could someone explain or link some resources that explain how and increase or decrease in gold prices affects a company that deals in gold loans?
Gujarat State Petronet Limited (23-05-2024)
My understanding in that tariff decline by ~50% (Rs 34 to Rs18) will completely wipe out profitibility of GSPL.
From PNGRB perspective, its clear that their incentive to provide customer services at cheapest tariffs, and as long as GSPL survives/does not break , they are fine.
Something that I am trying to understand here:
What incentive do GSPL management has to fight with low tariff order by PNGRB? My understanding is that , with largely fixed compensation, enhancing profitibility of GSPL will not be driving force for GSPL management.
The promoter of GSPL is again governed by government of Gujarat, with hardly any incentive to drive profitibility of GSPL. As long as GSPL continue to discharge its tasks (maintining pipepline) and does not break, the promoter should be fine.
So, who is going to fight any adverse impact on GSPL when promoter and management do not have any incentive to do so. Is there any other influential shareholder (Institutional shareholder) who has high stake in GSPL and hence the incentive to influence management and government and take steps to fight PNGRB orders?
Please suggest?
All E Technologies, making businesses ready for AI (23-05-2024)
The concall yesterday was inline with earlier concalls. The inorganic growth is in bit of abeyance for now but at times it is a good idea especially if valuations are too high. There was no significant red flags. Their growth target is 1000 Cr in top line which they call as the North Star target. Their results seem pretty good compared to other IT SMEs.
Hariom Pipes Ltd: A Capex Play! (23-05-2024)
Proposed dividend outflow is minuscule : 2.89 Cr equity shares x 0.60/- = 1.73 Cr approximately which anyway wouldn’t have any material impact on debt /interest reduction.
I think its more of a signal to investors that they are confident of OCF gearing up in coming quarters.