Quarterly results updates:

The key outcomes from the report dated August 12, 2024, regarding Phantom Digital Effects Limited are as follows:

1. Financial Results:

   • The company reported its unaudited standalone financial results for the quarter ended June 30, 2024.
   • Revenue from operations for the quarter was ₹2,612.18 lakhs, showing an increase from ₹2,365.46 lakhs in the same quarter the previous year.
   • The total income for the quarter was ₹2,678.82 lakhs.
   • The company achieved a profit before tax of ₹853.71 lakhs, up from ₹808.10 lakhs in the same period last year.
   • The net profit for the quarter stood at ₹621.46 lakhs, compared to ₹605.89 lakhs in the previous year.

2. Change in Key Personnel:

   • The company accepted the resignation of Ms. Pallavi Toniga from the position of Company Secretary and Compliance Officer, effective from August 18, 2024.
   • Ms. Poornima Raghu was appointed as the new Company Secretary and Compliance Officer, effective from August 19, 2024.

3. Annual General Meeting (AGM):

   • The 8th AGM of the company is scheduled to be held on September 19, 2024, at 11:00 A.M. through video conferencing/other audio-visual means.

4. Subsidiary Incorporation:

   • During this quarter, the company incorporated a wholly-owned subsidiary named Spectre Post Private Limited.

Sorry if was offensive, he was explaining all the quarterly results so I thought he might be company person. I am new to this forum, only been here from last week. But I have a question how would I distinguish “related parties” from others.

I have also invested in this company and looking for long-term holding. I also appreciate the efforts by @rk1771 for keeping up this thread.

Indeed RakeshJi, infact bulk of the auctions of Limestone have taken place in Rajasthan over the past 10 years along with MP. My inclusion of Rajasthan in the ‘west’ part was double counting, my apologies (its there included in the North Zone)

Coming to limestone, what I also understand is that the better way to analyze it is to see organic clinker capacity addition – Listening to various calls I have understood that merely looking at grinding capacity increase may not be the right way to analyze demand supply dynamics as companies open up standalone grinding units to also improve on logistical efficiency (making clinker at one place and setting up GU near to the end market.)

And if we were to chart organic clinker capacity addition over the next 2-3 years, i dont think that number would be in excess of 5% – which means if demand were to increase by more than that number, it would effectively lead to higher clinker Utilizations, and hence, maybe some sort of mean reversion in pricing?

The distillery segment is down QoQ due to seasonality factors and also the settling of the great Indri rush, as per my conversations with a couple of dealers in a few states there has been a slight dip in the popularity growth rate of Indri as earlier it went viral after the best whisky award, so going forward it will be a normalized and a more stable growth rate, distillery business did decently well YoY despite the heat wave, elections and dip in the euphoria where every alcohol consumer wanted to try Indri. The best part is people are still putting themselves on the waiting list for their expensive bottles. The major hit to the topline came from the sugar division which fell both QoQ and YoY, only the management can answer why this happened either in an interview or a con-call (which has now become the need of the hour). The only satisfying figure is the margin improvement from 11% to 14% which is due to higher contribution from the distillery business. I am still confident about the company’s growth prospects and won’t let a rough quarter change my mind.

Disclosure – Invested

One must re-visit this – Piccadily Agro Industries Ltd – #115 by sahir