Reported sales nil
Posts tagged All News
Rahul Merchandising reports standalone net loss of Rs 0.03 crore in the September 2024 quarter (30-10-2024)
Reported sales nil
Wheels India Rights – Free money for minorities? (30-10-2024)
Decent set of numbers from Wheels India. As promised by management, profitability ratios have increased and good to see the same ratios in H2FY25 as well.
Investor presentation:
From press release:
- Also good growth is seen in hydraulics division. Management is confident of doubling the revenue in 2- 3 years from the current 150/160 Crs.
- Loss making Wheels India Cars (Passenger car steel wheels) has turned profitable
- Industrial segment turned profitable (loss reported in YoY quarter was due to one time pre inspection charges)
- Reported a strong operating cash flows of Rs 215Cr vs 194 Cr half yearly.
- Rs 133 Cr worth of inventory has been reduced
- As per management Company has gained market share in export markets. But things are slow in US and EU. Need to wait for these markets to normalize for volume to pick up.
- As per the management as the profitability of the company is increasing, expected to reduce the debt going farword (they didn’t mention how much, but considering the capex of 225Cr this FY25, my guess is that they could reduce in the range of 30-50Cr keeping the debt of the same level as that of FY24)
Even if we consider muted revenue growth – 5K cr (~ same as that of FY24), OP margins of 7.25%, company shall clock 362.5Cr of operating profits. If we take out 120Cr of depreciation and 80Cr of interest, PBT shall be around 150Cr where as the current EV is around 2500Cr)
Press release:
Disc: Invested and topped up in the recent market fall.
Zomato – Should you order? (30-10-2024)
Yes, Hyperpure sells to blinkit, I read it in some transcript or some some shareholder letter. How much , doesn’t know but definitely it should be significant, my assumption is based on the fact that hyprpure sales has increased rapidly after they started blinkit business…
Microcap momentum portfolio (30-10-2024)
Hello VeeraBrahmam,
I came to know that you have created Python code to generate the same output. Can you please share it?
Thanks
Stock market update: Power stocks up as market falls (30-10-2024)
The 30-share BSE Sensex closed down 426.85 points at 79942.18
Swiggy fixes IPO price band at Rs 371-390 per share, Rs 11,300 crore IPO to open from November 6 (30-10-2024)
Swiggy has set the price band for its Rs 11,300 crore initial public offering (IPO) at Rs 371-390 per equity share of the face value of Re 1, according to an announcement by the Bengaluru-based Food and grocery delivery company on Wednesday.
Sensex falls! These stocks fell 5% or more in Wednesday’s session (30-10-2024)
In the Nifty pack, 20 stocks closed in the green, while 30 stocks ended in the red.
Shalby slides after Q2 PAT tumbles 88% YoY to Rs 3 cr (30-10-2024)
Shalby slipped 6.89% to Rs 243.15 after the company’s consolidated net profit dropped 87.71% to Rs 3.39 crore despite 12.42% increase in revenue from operations to Rs 267.53 crore in Q2 FY25 over Q2 FY24.