Is this option there in NSDL, wherein i can transfer my shares online to another account?? I know CDSL has it but not sure about NSDL
Posts tagged Value Pickr
Poonawalla Fincorp formerly Magma Fincorp (29-04-2024)
Poonawalla Fincorp seems to be walking the talk.
ed8fa851-5855-4d18-9647-b691cc168161.pdf (995.3 KB)
EPL – Essential Packaging Company (29-04-2024)
Higher depreciation is due to recent CAPEX in Brazil. I personally believe there are some moats present as it is the market leader and is growing sustainable products rapidly however their difficulty in passing on costs to the clients suggests that the industry is highly competitive.
ITC: “Will”(s) “Gold Flake” assist “Ashirwad” to win “Bingo!”? (29-04-2024)
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Hi-Green Carbon Ltd – Play on Renewable energy endeavoring wealth from waste (29-04-2024)
I also couldn’t find any clientele list for this. However, I did find some risks (from the time of IPO filing):
- Company and its Promoters, has in past defaulted in payment of income tax and has certain outstanding income tax demands. Lot of Income Tax Defaults in the past does not augur well for the company.
- They are raising ~16 Cr from IPO to fund a manufacturing unit. Total cost of Project is ~40 Cr. Out of this ~31 Cr will be for purchasing machinery, and out of that ~20 Cr of Machinery will be purchased from their Related Party. This is risk in the business because we do not know whether the deal is happening at Arm Length price basis or not.
- The high valuation demands close scrutiny, especially in terms of the company’s ability to meet growth expectations. Also, investors should consider the ownership structure, as RNG Finlease Private Limited holds a majority share of 71.58%.
Radhika Jeweltech – Small base Large aspiration (29-04-2024)
Radhika jeweltech
Radhika Jewellers is into trading of Gold & Diamond Jewellery and ornaments. With over three decades of expertise, the legacy began in 1987 when Mr. Ashok Zinzuwadia and his father, Mr. Mathurbhai Zinzuwadia.
Starting from a modest 200 sq. ft. store with seven employees and approximately 15 kg of gold jewellery. Radhika Jewellers became a Public Limited company with effect from 22nd July 2016.
Company’s Value: Mr. Ashok and Mr. Haresh believed that when you have something exceptional along with top-notch quality and humble after-sales service, customers are enticed to come to you.
Chairman’s Vision: Mr Ashok Zinzuwadia, his aim is to be one of the best retail jewellery brands and to build a strong organisation with competent management system. He has 35 years of experience of the jewellery industry.
New generation: Mr Darshit, is the eldest son of Mr Ashok joined the family business in year 2014. A commerce graduate and a diploma holder in Graduate Diamonds Program from the Gemological Institute of America (GIA).
Product Portfolio:
Gold: Ring, Earrings, Necklace, Gold Bangles, Pendant Sets, Bracelets
Diamond: Ring, Earrings, Necklace, Gold Bangles, Pendant Sets, Bracelets
Platinum Jewellery, Polka
Services:
Valet Parking
Baby Care Room
Bridal Lounge
Jewellery Repair Services Include Stone Setting And Remounting
Jewellery Valuation
Free Home Delivery
Laser Soldering
Business Operation:
Currently the company operates in Rajkot with one store covering a retail space of 2,500 sq. ft. and a new store with 10,000 sq ft of retail space. Employee count, 110. The retail outlets stock a wide range of jewellery designs for both men and women.
Financials
Marketcap: 756 cr
PE: 17.4
ROCE: 17.9%
ROE: 14.8%
Debt to equity: 0.21, little debt
Revenue growth, 3 years: 22%
Profit growth, 3 years: 42%
Cash: 9 cr, currently cash is all time low due to major expansion plans the company is undertaking.
Fixed asset has jumped from 2 cr to 14 cr in a year.
Revenue Breakup:
In FY21, the company generated revenue majorly from Pure Gold and Gold Jewelry ~98% while the rest ~2% was from the sale of Loose Diamond and Diamond Jewelry and Platinum Jewelry.
Positive:
- Bridal Jewellery their specialty
- Management very active on expansion.
- Highly motivated management.
- 1st phase: new store expansion to cover Saura Rashtra region within next 1 year.
2nd phase: new stores within Gujarat
3rd phase : new store within India
Plan to open total of 4-5 stores. Most probably all expansion plan to be funded from cash flow. - Entering into E-commerce platform.
Negative:
- New generation management ability still to be tested.
- Delay in execution plans.
- Macro effects, slowdown in consumption, Inflation.
- Gold price fluctuation.
- Company brand unknown outside rajkot.
- Strong competition from other players.