GMV bro, 67k Cr EBITDA would be crazy 
Posts tagged Value Pickr
Zomato – Should you order? (08-08-2024)
BIG BLOC Construction -Building Material (08-08-2024)
BigBloc Q4FY24 Concall Highlights
Gujarat Ambuja Exports (08-08-2024)
GAEL is investing major portion of its cash generation i.e around 1000 crores over five years in fermentation plants/tech to develop high value added products.
This heavy investment by GAEL is/will be routed in subsidiary company “Maiz citchem”. MCL will be major growth and profit generator in near future with high margin value added products offerings.
Before Feb 2024 Maiz citchem was 100% subsidiary of GAEL. (Wholly owned subsidiary).
In February 2024, through private placement MCL’s equity was diluted and GAEL’s share has fallen to 75% !
The private placement was done to SMAS investors LLP. Simple google search shows that promoters i.e. Manish and shipa gupta are the only directors of SMAS investors LLP
Private placement is apparently done around throw away prices.
Now, I wonder why promoters are doing this ?
Are minority shareholders not short changed by all this jugglery ?
Any thoughts?
Enclosed:
49392193-84c4-4ec7-af61-d82106ec9d14 (2).pdf (264.9 KB)
Disc: invested
RS Software – Will they pay investors too? (08-08-2024)
To take the RS Software quest forward, let’s focus on their RS IntelliEdge™ EFRM product.
(IP License sale to NPCI in last tender; going forward IP is now shared with NPCI)
-
RS IntelliEdge™ includes a combination of the Rule Engine and AI/ML Models addresses the requirement to manage fraud and risk for RTP transactions and multiple other rails. The AI/ML models are already developed as part of the product, and work with the concerned data to get trained and effectively manage fraud and risk. The product is fully market validated for large volumes of data across multiple rails and is probably ready to be deployed in any country where it would work with the local data for that country.
-
Leading global Competitors in EFRM space are Feedzai, Featurespace, NICE Actimize and FICO are leading global competitors in the FRM space. Other companies in the space are LexisNexis, FIS, Fiserv, Jumio, GB Group. Refer Top companies in Anti-Money Laundering (AML) Market
Antony Waste – Long Term (08-08-2024)
Results are not bad QoQ if you account for differed tax credit last quarter. PBT has doubled from 12.9Cr to 25.5Cr. Major hit YoY had been on EBITDA margins. There is significant deterioration there. There has been a significant run up recently. Need to wait for management commentary on margin contraction.
AllCargo Logistics – Are good time ahead? (08-08-2024)
Can someone explain the merger ratio with current market price of Allcargo & Allcargo gati which is mentioned in following slides, thank you
Jash Engineering – Is it a multibagger (08-08-2024)
It is due to reclassification of certain promoters as Public shareholders. NOT due to any stake sale.
Jash Engineering – Is it a multibagger (08-08-2024)
Any insights on why Jash Engineering promoter holding dropped from 49.44% to 43.65%?Any info would be helpful.
Zomato – Should you order? (08-08-2024)
What’s your antithesis?
-
Food delivery won’t grow @ 20% YoY for next 5 years? We are in a subdued macro consumption environment right now. PFCE has been growing at 4-6% for last 4-6 quarters. Zomato is doing 25% growth in that environment. Imagine once RBI starts cutting rates?
-
Blinkit won’t grow @ 40% YoY? Its growing at 80%+ right now and taking away share from other channels (MT and E-Com) in key categories – groceries, consumer staples, and BPC goods. Speak with any category manner for traditional e-com or MT and they’ll tell you.
Levers that Blinkit has to accelerate growth – category expansion & geo expansion. There is enough headroom to grow. And they’re growing while their existing network of dark stores increases throughput (see the trend of GMV per store trending up from 620k in Q1FY24 to 956k in Q1FY25).
On top of it you have the joker – 12k crs cash which they can deploy to acquire EPS accretive businesses. Paytm live event deals that Zomato is in discussions with.
So, I’m curious what’s the core antithesis?
EDIT – Mindyou, Blinkit is likely to 67k crs of EBITDA in FY27 itself as per me. So there’s a lot of upside still left.