At 12000 cr aum 6000 would be on book and 6000 off book total bs would be 6000+1500=7500 cr. So profit should be 3 percent of 7500 = 225 cr /4 =about 65 cr in q4 next year and assuming 18000 cr in 2026 it would be 9000’+3000 = 12000 and considering roa equal to 4 it would be 120 cr in q4 fy 26 but that is lot of assumptions:)… good thing is book value after fund raise would be 210 rs and getting a 2.5 multiple would increase price to around 500 this year and if rate cut happen price may move further
Posts tagged Value Pickr
Ugro Capital – Opportunity To Invest in a Fintech-like Company Below Book Value (03-05-2024)
Aum has two components on book and off book, in book 100 percent is on balance sheet and off book about 20 percent. So roa is calculated on 100 percent in book + 20 percent off book aum… that is my understanding…. Sad to them trimming their 2025 guidances… even after having so much capital… they aim increase their roe to 18 percent this year so i think now profitability is top priority
Bitcoin/Cryptocurrencies – Digital Gold or Tulip Bulb? (03-05-2024)
which broker in India is safe and charges less brokerage? can anyone suggest
Basilic Fly Studio Ltd (03-05-2024)
It is even more justified to exit an SME stock based off an ‘error’ in financial statement. It is more likely that the promotors are shady and I believe that promotors is the main criteria for choosing an SME stock. They could be showing less salaries given to the VFX talent and paying them cash under the table for all we know.
ValuePickr Jaipur (03-05-2024)
Do not share mobile no or email. Share it through messages.
ValuePickr- Mumbai (03-05-2024)
Please do not share mobile no, email etc. Use private messages to communicate.
Lt foods (daawat) (03-05-2024)
Check March 2024, shareholding !!!
Rajratan Global – Focused Tyre Beadwire Company (03-05-2024)
Latest Concal:
Management:
Yes. So, our main competitor is Tata Steel. They have increased the capacity last year. Okay.
And they will also try to push bigger quantity.
No, first year, I will not, would not like to give any number on EBITDA from Chennai.
Because it’s a new plant, it will take some time to stabilize.
Very difficult to predict what China will do. We will have to look at government support to
whom fight with China because they supply without margin, they supply at a loss also. So, that is not a competition we can talk about. Otherwise, we are competitive with any other country,any other plant in the world other than China.
Tata Steel has capacity of 60 KT.
Simple Investing (03-05-2024)
Earlier I had the erstwhile Max India (before demerger) which included Max Healthcare, Max Ventures and Max finance. Yes, I had sold all three and at bang on wrong time after getting frustrated. All three businesses were excellent but promoter intention to exit had been hurting returns. Finally all three got good homes and went to do excellent.
Regarding re-entry, its in the Max India catering to senior living, care homes etc. part. Again the business is good and very long term in nature. Having seen Max India erstwhile ups and down, I have conviction that sooner or later this promoter does well with its companies either with it or exiting it with right deal with right people.
Last time I did not have patience and there was no precedent to learn from. This time, having learnt from past on same promoter, I have trust (for now) that over long term, value will be created.
Also, last time 10% or more of my then portfolio was invested in Max. That was big enough number to be losing patience if we lose even little bit of conviction. This time its just 0.5% now. I wanted to scale up to maybe 2-3% to begin with but stock ran up too fast after my first entry.
Disc: Same as above.