It is because there sales is too high. 0.75% of 14500 is 108 crore which seems like at par for employee cost.
Posts tagged Value Pickr
Ugro Capital – Opportunity To Invest in a Fintech-like Company Below Book Value (31-07-2024)
Tax expense has decreased significantly QoQ on a almost flat revenue. Any idea why?
IDFC First Bank Limited (31-07-2024)
If we go by the management guidance of loan growth and profitability then we can have a fair guess about future capital raise and ROE…
IMO IDFC First can reach an ROE of 13.5 and ROA of 1.4 in 2027 and ROE of 17-18 by 2029.
They may not need to raise any fresh capital after F.Y. 2027 to reach these figures as internal accruals may be enough for F.Y. 2028 and 2029 Loan Growth.
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The promised ‘J curve’ may finally be here by 2029 and it may look something like Ice Hockey Stick instead of ‘J’.
Wonderla Holidays (31-07-2024)
Well thought out, Sir, I would think that we may see much better gains in 2026 with Chennai firmly on board. The adventure park they have planned in Blr may also be good for footfalls. We hope so at least.
Equitas Small Finance Bank: A Profitable lender to small businesses (31-07-2024)
- Q1 Results (PAT decline due to higher provisioning)
- Floods in Southern states is another challenging situation for the institution with majority of their loan book from South India
Wonderla Holidays (31-07-2024)
Disclosure: Invested
Please verify for yourselves the below by listening to the concall. If you do see a mistake below, please do let us know here so all of us can benefit.
My notes are not very good, but here goes:
Hyderabad did ok, but not the other 2 parks. This is because of elections, a lack of promotions in Bangalore due to the fact it could have been in bad taste during the heavy impact of water shortages in Bangalore.
The Orissa park is going well, they expect the ARPU to come down once the excitment dies down, but think footfall will hold.
Chennai has been delayed to perhaps Dec 25 or perhaps Jan ’26.
They will be going for some kind of funding for the next 7 years, so the promoters are truly devoting their life to this venture, quite reassuring to the investor I think.
However I thought there was a concern on why footfalls fell this badly (-25% Bangalore) and I’m not sure if they know why it is. I worry about the same given we have come short 3 (?) quarters in a row for one reason or another. OPMs are great but I fear a weaker future for now. May be the business is taking a breather.
Wish all here good luck.
Equitas Small Finance Bank: A Profitable lender to small businesses (31-07-2024)
Has fallen to 52 week low today. Any negative triggers?
HBL Power: Signs of change (31-07-2024)
In government tenders, estimated tender value usually doesn’t represent the final cost of the project. One guess is the EMD amount is a percent of this and hence you keep it low.
Star Health & Allied Insurance Company – Leader In Retail Health (31-07-2024)
Highlights of Star Health Q1 FY25 Earnings Call
Claims ratio 67.6% vs 65.4% QOQ (Increased, Management said this is due to more fever-related cases)
PAT up by 11% QOQ
Gross Written Premium (GWP) up by 18% QOQ , up by 18% YOY
7% of GWP contributed by Digital
Management Aims to Double GWP to 30000 cr (18.4% CAGR) and Triple PAT to 2500cr (31.15% CAGR)by FY 28
Fresh: Renewal Count is 25:75 vs 23:77
Investment Income is up by 18% QOQ
Average sum insured Up by 8%
Cashless Claims 74% vs 61% QOQ
There are spends on wellness, telemedicine, OPD in hope to make the customers heathy and decrease hospitalization in the long term
Plan to Increase premium in 2 to 3 products which contribute 30+% in the GWP by 10 to 15%, effectively benefit 4 to 4.5% in PAT
Management said they are careful in increasing the port in’s as they have no waiting period so they can dilute the profits
Vishnu prakash R Punglia LTD(VPRPL)-“Steering India’s Water Management Future” (31-07-2024)
They have addressed this in their Concall
Due to Elections the government is releasing the payment a bit late!!