YES, No announcement!!!

But acquisition is good case study and how AJE + AJO business will be coming in line with MPS margin.

Only thing which bothers me and need clarity on is – Company is of Rs 12,000 Cr having debt of 8000 Cr. PVR’s total 5 year Cash from operation is Rs 2235 Cr . From where it gonna pay this huge debt where there is net profit.

Im optimistic here by taking cash from operation because company has to pay interest and compnay has to improve there theatres no matter what.

Manind promoters bought few shares from market during march-24.
Following is info including other insider aquisitions.

Hello,
I recently started to look at the company and it looked interesting.
While the overall topline has grown from 440Cr (around IPO) to 1000Cr+, similar growth is not seen in the bottom line. rather the profits are down, due to the loss making subsidiaries.
In fact the camshafts business has grown at a slow pace from 440Cr in 2016 to 600Cr+ in 2023. The doubling of revenue is due to adding of revenue from acquired companies and growth of EMOSS in topline.

Based on the strategy adopted by the company, going forward, I believe following drivers will contribute to the growth of the company.

1. Camshafts business will continue its slow growth.
2. EMOSS in Europe will grow once faster once Europe picks up.
3. Retrofitting/converting business in India will grow.
4. OEM business, which the company is aiming for, will also add to the business, but this will take time and will require significant CAPEX.

The story is looking exciting for the company, the management is measured and taking the right steps. Slowly and steadily they are building new businesses/revenue streams. Profits are slow to come by though.

Disc: have tracking position

@rahil_sayta

1. The conventional formula to calculate retirement corpus is 20 times your annual expense. But this annual expense should include everything from your daily expenses, to medical insurance, to vacations etc everything. In a hypothetical situation, if someone has calculated around 2 lacs per month ( 1 lac per month regular expenses plus 1 lac per month others like insurance, vacation etc) then annual expense is 24 lacs per year. 20 times that is 4.8 crores.

For me the case was slightly different because I had a pensionable job, after 20 years of continuous service. Plus my dermatology practice can support me in case of need of additional buffers.

2. After achieving a certain portfolio size, things like building a farmhouse do not entail too much of a dent on overall portfolio. Besides land itself usually appreciates if selected in proper location. Me and a couple of friends bought a farmhouse in 2013, which is more of an orchard. The price of that property has not gone up too much in monetary terms, but I consider it one of my biggest multibaggers. Its a place which has given me and my friends immense joy and happiness and there is no price that can be attributed to it in terms of X amount of rupees. Besides at some point of time, you have to think about fulfilling your dreams because number of years in life are limited and thinking constantly about financial milestones takes you nowhere. As I said before in a post, “After the first few crores, rest is just a number. “

3. Wockhardt is a bet on the turnaround of the company’s performance and the optionality of WCK 5222 and other molecules. It’s been too well discussed on VP thread. Nothing much to add from my side.