Order Book has increased from 603 cr at the end of FY22-23 to 784 cr in FY23-24. Great Numbers. Lets hope this continues in this year.
Posts tagged Value Pickr
No Moat Growth IT Services Sector (10-05-2024)
A good topic for discussion. Our IT industry is majorly doing the QC and Bug detection job and custom development of applications for clients. Post COVID the industry started doing digitisation which became a big theme. There is not a single purely products company worth mention whcih can compete globally. Not a single product which sells $ 1 Bn worth of product licenses ( i can stand corrected if someone has data). From the early 90’s we have been sub contractors of companies like MS, SAP, Adobe etc and have not evolved beyond that. TCS and Infosys have a core banking product but its too small in terms of their overall revenue.
That beside AI can take away majority of the QC and Debugging jobs or the T&M revenue as it is called in the Industry.
How do the companies grow, get more manpower ob board and get them to work on these T&M jobs, bill them per hour and increase the revenue.
SAP consulting was seen as a niche earlier but now every IT company is doing it. There is nothing new, in my view, which makes me believe that IT companies can grow significantly from this level. Yes, keep adding manpower and grow.
Happy to hear counter views.
Low Volatility Stocks (10-05-2024)
@ChaitanyaC Thank you. After you pointed out, I had a look at these indices.
Nifty 100 Low Volatility 30 is similar to what I had in mind except that this index has 30 stocks and my plan was 10.
Nifty Alpha Low Volatility 30 includes an alpha element with a 50% weightage. I am not planning to add any alpha element. Just want to remain with low volatility and see what happens.
Sula vineyards – pioneers in indian wines (10-05-2024)
Yeah, in comparison to the December Quarter to the March Quarter, Sula’s Wine tourism boosts their sales in the December Quarter.
Investing Basics – Feel free to ask the most basic questions (10-05-2024)
I would suggest to go with one of growth oriented flexi mutual funds(DSP, PGIM, AXIS). I personally would prefer DSP flexi cap.
Growth oriented has high PE stock which is opposite to PPFAS’s value based investing.
Both the investing styles has different market cycle
Low Volatility Stocks (10-05-2024)
There are Nifty 100 Low Volatility 30, Nifty Alpha Low-Volatility 30 indices, did you check them?
Sula vineyards – pioneers in indian wines (10-05-2024)
Revenue Rose 10%, but the profit is down 4.2%.
Dhabriya Polywood – a history waiting to be written? (10-05-2024)
Kaka is not exactly similar but around 60-65% similar to the product offerings and the regions both comapnies overlap.
But Kaka from its growth and financial metrics looks more stable with higher ROCE and sustained margins and a better revenue growth
Will be doing a P2P comparison then it will be more clear