Company has defaulted loan payment …how come you see it as turnaround read balance sheet.
Posts tagged Value Pickr
Microcap momentum portfolio (06-07-2024)
Update for entry on 8th July 2024
50EMA (21826) > 200EMA(19184); hence, we can continue without any change.
Based on ranking:
- KIRLOSBROS
- KIRLOSENG
- PURVA
- TVSHLTD
- AZAD
- JYOTICNC
- CHOICEIN
- NETWEB
- SHARDAMOTR
- IFCI
- TECHNOE
- WOCKPHARMA
- KESORAMIND
- VOLTAMP
- ZENTEC
- TARC
- THOMASCOOK
- KPIGREEN
- ANANTRAJ
- WABAG
- GANESHHOUC
- BASF
- TIDEWATER
- GULFOILLUB
- RTNPOWER
Based on A → Z for easy tracking:
- ANANTRAJ*
- AZAD*
- BASF
- CHOICEIN
- GANESHHOUC
- GULFOILLUB*
- IFCI
- JYOTICNC
- KESORAMIND
- KIRLOSBROS
- KIRLOSENG
- KPIGREEN
- NETWEB
- PURVA
- RTNPOWER
- SHARDAMOTR
- TARC*
- TECHNOE
- THOMASCOOK
- TIDEWATER
- TVSHLTD
- VOLTAMP
- WABAG
- WOCKPHARMA*
- ZENTEC*
Exits:
HERITGFOOD, HGINFRA, NAVA, SENCO and TIMETECHNO make an exit.
ITDCEM stays within the top 30 and hence remains.
Entries:
ANANTRAJ, AZAD, TARC, WOCKPHARMA and ZENTEC enter.
GULFOILLUB cannot enter as there is no vacancy.
NIBE LTD – Manufacturing of critical components in defence industry (06-07-2024)
Company Profile
Establishment: Nibe Limited was founded in 2021 under the visionary leadership of Mr. Ganesh Ramesh Nibe
Specialization: The company specializes in manufacturing critical components, primarily catering to the defense industry
Company Management:
Strategic Divisions:
E-Vehicles Division: Nibe pioneers sustainable transportation by producing top-notch eco-friendly E-bikes and rickshaws. Their commitment to efficient and responsible mobility drives positive change.
BVM R&D Foundation: Nibe leads the charge in advanced Lithium-ion Battery pack research, positioning itself as a key player in the global quest for clean energy solutions.
Precision Fabrication for Defence Production: Nibe aims to play a significant role in this domain, leveraging cutting-edge technology to create quality, reliable, eco-friendly products.
Defence Contributions:
Nibe Limited actively participates in the production of structures, sub-assemblies, and assemblies for mobile weapon launchers. Notably, they contribute to programs like the Pinaka launcher and MRSAM launcher, serving the tri-services of the Indian Defence.
The company also manufactures structural systems, including the Modular Bridge designed for the Indian Army and engineering solutions tailored for Naval applications.
State-of-the-Art Manufacturing Plant:
- Nibe’s advanced manufacturing facility serves as the backbone of its operations, exclusively dedicated to the defense industry. Here, precision engineering meets cutting-edge technology, ensuring the highest standards of quality and reliability.
Atmanirbhar Bharat Vision:
- In alignment with the vision of Atmanirbhar Bharat (Self-Reliant India), Nibe extends its commitment to fostering self-reliance in the defense sector. The company actively supports initiatives that promote Indigenous development and innovation in defense technologies.
Shareholding Pattern:
Product Portfolio:
BrahMos Missile Canister:
- Nibe Limited is involved in the production of BrahMos missile canisters, which play a crucial role in the deployment and protection of these advanced supersonic cruise missiles.
MRSAM Canister:
- The company manufactures canisters for the Medium Range Surface-to-Air Missile (MRSAM) system. These canisters house the missiles and ensure their safe transport and storage.
Jet Deflector:
- Nibe produces jet deflectors, essential components used in various defense applications, including missile systems and aircraft.
MRSAM Cassettes:
- The company contributes to the production of MRSAM cassettes, which are integral to the MRSAM launch system.
MRSAM Under-Frame:
- Nibe Limited manufactures under-frames for the MRSAM system, providing stability and support during missile launch operations.
K9 Vajra Tank:
- Nibe is involved in the production of components for the K9 Vajra self-propelled howitzer, a powerful artillery system used by the Indian Army.
Sarvatra Bridging System:
- The company contributes to the production of the Sarvatra bridging system, which enables rapid deployment of military bridges in various terrains.
Pinaka Launcher System:
- Nibe Limited manufactures components for the Pinaka multi-barrel rocket launcher system, enhancing the Indian Army’s artillery capabilities.
Rudder Blade Assembly:
- Nibe produces rudder blade assemblies used in naval vessels, ensuring precise control and maneuverability.
Diving Support Vessel UVLM Under Ship Deck:
- The company contributes to the construction of diving support vessels, including components for underwater operations.
MLS-Talwar UVLM:
- Nibe Limited manufactures components for the MLS-Talwar underwater vehicle launch system, used in naval applications.
Shipbuilding – Blasting & Primer Coating of Plates:
- Nibe provides services related to shipbuilding, including surface preparation (blasting) and primer coating of steel plates.
Fuel Storage Tank:
- The company produces fuel storage tanks, essential for various military and industrial applications.
SLCM Subcontainer Frame:
- Nibe Limited manufactures subcontainer frames for the Submarine-Launched Cruise Missile (SLCM) system.
Road Mobile Launcher Army Erecting Frame:
- Nibe contributes to the production of road-mobile launchers used by the Indian Army.
Damper Structure:
- The company manufactures damper structures, which play a role in controlling vibrations and movements in various systems.
HDPS Airbags:
- Nibe produces airbags used in the High-Density Polyethylene Pontoons System (HDPS) for naval applications.
Namika Fixture:
- Nibe Limited manufactures fixtures used in the assembly and maintenance of various defense equipment.
Oxygen Generation Plant:
- The company contributes to the production of oxygen generation plants, critical for life support systems in submarines and other enclosed environments.
Company Financial:
Financial FY24
MarketCap: 2808 cr
Stock PE: 127
ROCE: 20.2%
ROE:18.9%
PEG Ratio: 0.35
Debt to equity: 0.41
Debt: 69.2 cr
Working Capital: 68.5 cr
Promoter Holding: 50%
Int Coverage: 7.95
Pledged Percentage: 0
Return on Assets: 9.87%
MarketCap to Sales: 10.1
Key strengths:
Cutting-Edge Technology: Nibe Limited leverages state-of-the-art technology in its manufacturing processes. This commitment to innovation ensures the production of high-quality, reliable, and eco-friendly products.
Sustainable Transportation: The company’s E-Vehicles division pioneers sustainable transportation by producing top-notch eco-friendly E-bikes and rickshaws. [These vehicles are more economical than their fuel-powered counterparts and contribute to reducing transport-related air pollutants]
Clean Energy Solutions: Through the BVM R&D Foundation, Nibe actively engages in advanced Lithium-ion Battery pack research. By positioning itself as a key player in clean energy solutions, Nibe contributes to a greener future.
Defence Contributions: Nibe Limited plays a crucial role in defense production. It manufactures critical components for mobile weapon launchers like the Pinaka launcher and MRSAM launcher. [Additionally, it provides structural systems tailored for naval applications and the Indian Army]
Environmental Responsibility: Nibe understands the urgency of addressing environmental challenges. The company actively contributes to shaping a future where energy is harnessed efficiently and responsibly.
Key Weaknesses:
Market Volatility: Like any company, Nibe Limited operates in a dynamic market. Economic fluctuations, regulatory changes, and geopolitical factors can impact its performance.
Competition: The defense industry is competitive, with other players vying for contracts and projects. Nibe must continually innovate and maintain its edge.
Dependency on Defence Sector: Nibe’s focus on defense production means its fortunes are closely tied to government contracts and defense spending. Any shifts in these areas can affect the company.
Technological Risks: While cutting-edge technology is an advantage, it also comes with risks. Nibe must manage technological challenges, including research and development costs and potential setbacks.
DISC: Invested in stock. Views are biased
Suven Life Sciences – A Zero Or One Company! (06-07-2024)
[Suven Pharma acquires a majority stake in a CDMO company for ~230cr]
Smallcap momentum portfolio (06-07-2024)
@Aman_Ahuja Two caveats before I reply.
- I am not an investment advisor. You have to do your due diligence before you taking any investment decision.
- The details shared here are for educational purposes.
Every week, I put a list of 20 or 25 of the strongest stocks in the index. This is for fresh entry every Monday. These stocks are the ones that still exhibit momentum.
We look at this as a pf exercise and not as an individual stock investment.
Oil India- has its time come? (06-07-2024)
Anybody tracking Abaan Offshore? I have recently bought it in the hope of a turn around. Their debtor days are improving.
Is it worth investing in small caps (06-07-2024)
Frankly, I would have never invested in saner moments in any share whose PE is more than ROCE. So, it goes for both Vintage Coffee and CCL.
But then, every investor dreams of stumbling upon a turnaround company. First time I bought it at 48 It went down to 22 too (52 weeks low is 17.35), but then I should not have sold my original holding when I got rights at 12. Shortage of funds was the reason.
So, my holding is up 18% now for my pains. As per the Screener* “Debtor days have improved from 84.7 to 60.4 days.”
But I still have hopes of this share. I have just checked and it is at 52 high. The CCL has not done so well.
But honestly, I have never compared Vintage and CCL.
PGIL-Sleeping Tiger about to Roar (06-07-2024)
started digging pearl global since earning yield is good with relatively low P/E. However found a few red flags:
- Tax rate is consistenly low across years.
- Debt to Equity ratio is on the higher end. And at this debt level company has paid out dividend couple of times.
- Although operating at low cost centers NPM lingers around 3-5 %. Is there any potential for this going up further?
Samhi Hotels – Turnaround with Tailwinds (06-07-2024)
When management said Debt to ebitda they are referring to long term borrowing only which is 1560cr as of now.
Correct me if I’m wrong