Posts tagged Value Pickr
Aurion Pro : Yet another IP product company? (21-05-2024)
Why Promoters are diluting their stakes? does anyone have any context?
Have read last month that SBI Life insurance bought shares in open market.
Ujjivan Financial – Small Finance Bank (21-05-2024)
Just my 2 cents, “Highest ever profits” and “record profits” is the biggest sham there is. Federal Bank uses this terminology and so do some other Tier 2 banks. If banks do their job well, every year has to be by definition be “record profits” (Ask Kotak & HDFC Bank, Don’t ask about their stock price though )
As for Results, despite great headline numbers, markets are more concerned about the directional changes or we can say, expected directionality of Ujjivan’s performance.
Because ROA and ROE have been better in past quarters and because the “Goldilocks” period of Increasing AUM and NII growth coupled with sharply declining provisions seems to be coming to an end, market is likely to take that reality into consideration.
P.S - Predicting annual numbers has NEVER been straightforward, let alone Quarterly numbers
Nuvama Wealth Management: Proxy to Affluent India (21-05-2024)
Not much. The reason I find it a structural trend is because its key focus is in wealth and asset management. Both will not be affected by F&O in any way.
However, in capital market it deals with funds and houses that trade in F&O
So any regulation against F&O should hamper this area of revenue! But I expect the problem to be minimal and even less as the other areas grow!
DELHIVERY – One stop solution for shipping and parcel delivery (21-05-2024)
Personal opinion on Q4FY24/FY24 results: …Unit economics of the incremental revenue improves but stock price goes South.
- Promising Q3 results pushed the price above 450. This confirmed Cup & Handle pattern, attracting interest from the technical practitioners. Weekly close above 450 till Q4 results attracted more short term positions. However, Q4 results were not as promising as Q3 results, triggering the ongoing sell-off.
- Per management’s communication in the conference call, the network has sufficient capacity to service the growth for the next year. Incremental GM remains b/w 45~50%. Expect growth of 15~20% in the express parcel vertical, 30% in PTL. No pricing pressure exists in the market. I feel that the overall revenue growth would be in the range of 15~20%.
Considering the incremental operating profit on the incremental revenue in FY24, I feel that FY25 will be the 1st year when business would become not only EBITDA but also PAT positive. Profitability drivers will be: operating leverage in the incremental revenue, management’s focus to improve the profitability of the SCS vertical, lower ESOP costs, and SAAS revenue.
Disc: Hold an old position. Not an advice and not a SEBI registered IA/RA. Might sell or buy more without informing the forum in a timely manner.
Pricol limited – OEM automotive (21-05-2024)
Q4Fy24 result has been unexciting, while sales growth has been 16% but it was below expectation of 19-20%. Mgmt has been conservative in giving guidance, giving a sustainable guidance of 15-16% however, they remain optimistic of achieving 19-20% growth in next 2 years. Mgmt has been able to improve its EBITDA margin and is quite optimistic of achieving 13.5% in next 2 years.
Have launched disc brake and guiding for 120Cr rev in Fy25 ramping up to 300Cr by Fy27. E-Cockpit is ready and is being showcased to potential customer. Head-up display is also ready for customer inspection. BMS is seeing slowdown probably due to slowdown in EV sales in US.
Big setback is from export side, earlier targeting for 20% rev from exports, but looking at the current situation in US & EU revised it to 10%.
I am of the view that, mgmt is on track. There is temporary slowdown in EV adoption plus US & EU market is not looking good currently. Going forward I believe; the domestic auto sales will decide the momentum in this stock. At current valuation of 450rs, I believe it is fairly valued & there is no MoS.
Shree Pushkar Chemicals (21-05-2024)
Last couple of years its was due to subdued demand for dyes and intermediates so they had to sell at lower realizations and this year its due to lower offtake and lower realizations of fertilizer. Both segments need to fire for decent margins. As per management opinion, FY25 is likely to be such an year since
- Good dyes demand is expected to continue in FY25
- Fertilizer sales bouncing back to normal levels with expected good monsoon
- Improvement in costs with solar power and back ward integration (only partial effect in FY25 though)
PG Electroplast – Potential for cooler returns? (21-05-2024)
Dear @basumallick Sir… are you still invested in PG Electroplast… seems a long term candidate…
ValuePickr Pune (21-05-2024)
Hi, I would like to be added in communication group if possible. Thanks.
Cupid Ltd – Helping the world play safe! (21-05-2024)
Would it be possible to give a brief of the article or a screenshot it’s behind a pay wall