Yes, although i completely respect the experienced views of Mr Adityaji, even i was wondering the same. Margins in EPC could be higher as spoken by Rishiji in concall.
Awaiting your reply Mr. Aditya ji. Thank you
Posts tagged Value Pickr
Radhika Jeweltech – Small base Large aspiration (30-04-2024)
Hi, i think during covid, inventory days shot-up as radhika being a local player. But it looks like inventory days has been improving since then. Company also opened a new store which is 4 time larger then their previous store. The new store will take time to reach normal operation, till then inventory days will remain high.
IDFC First Bank Limited (30-04-2024)
As per management credit cost will be 1.65 going forward. So, its normal. Expect it at this level.
Number seems high because:
- you are looking at absolute number, not as percent of loan book
- earlier credit cost was bit lower due to covid. 1.65% is new normal and well within suggested guidance
Tips Industries Limited – Ready to RACE ahead! (30-04-2024)
Concall link LII0820240429152482.mp3 – Google Drive
Concall takeaways
- Ishq Vishq releasing 1QFY25
- Management is confident of 30% revenue and profit growth in FY25
Disclosure: Invested
Patel Engineering – A bet on India’s Infra growth (30-04-2024)
Why sudden 9 percentage fall in the counter??
Shiva Cement Ltd – Expanding It’s Capacity (30-04-2024)
Turnaround potential Cement pack after 2 Years
- JSW Cement is the parent company and currently company is producing Clinker and sale to JSW Cement. EBITDA ~ 800 MT (Which can be ~ 850 MT)
- In first half of FY26, grinding unit at 1MT will be operationalize.
- Waste Heat recovery plant @ 9 MW
- Crushing plant of Dolomite and Limestone @ 4 MT
- Railway siding inside and outside plant @ 12 KM
- OLBC: transport LS from mines to the plant @ 8 KM
all are coming FY26 and FY27.
Another part to watch carefully,News of JSW Cement IPO!!!
IDFC First Bank Limited (30-04-2024)
Does anyone has any idea, why the provisions have gone up in this quarter? Did Mr.VV give any commentary on that?
Shiva Cement Ltd – Expanding It’s Capacity (30-04-2024)
Right Issue of Rs 400 Crores and objective of the issue
Repayment of Debt: RS 345 Cr
GCP: Rs 55 Cr
Ganesh Benzoplast – Cash rich chemical storage/tank king (30-04-2024)
Was doing some research – the company has interesting history:
It was in BIFR, then the promoters bought 8% of shareholding at Rs.6
Many QIPs at various prices for funding capex. not much of funding projects through internal accruals.
promoters shareholding is down to 39%. with such low promoter holding such practices are bound to happen in small cap companies.
Company is in high growth segments and hence the pref. investments from Malabar and Anil K Goel.
But for smaller shareholders, is the risk-return justified.
Indostar Capital Finance Limited (30-04-2024)
Indostar Capital Finance Q4FY24 result Update: Posted Rs. 35.26 crores consolidated PAT in Q4FY24. The NBFC is focused on lending to the used-CV segment in T3/T4 space and the Affordable Housing Space in T2/T4 cities. The business has been running down its legacy SME book and is completely focused on growing the Retail book (CV+ Housing). Asset quality improved drastically with the company continuing to sell the bad loan SME book. GNPA: 4.9% vs 8% YOY in FY24. The overall loan book grew at a tepid pace of 11% YOY in Q4. PAT fell 50% YOY. All this would continue to put pressure on the ROE number. The company has also started monetising its security receipts which it shall use to grow the CV and the HL book. Indostar Capital Finance is still in a rebuilding phase and will take some time to come in good shape. Thnaks Deepak 