The new company would be doing consulting business using the data of mapmyindia…
Consulting is a high profit business with no loss potential… I feel that is wrong as this profit should not go to the new unlisted company but rather to mapmyindia…
The new company would be doing consulting business using the data of mapmyindia…
Consulting is a high profit business with no loss potential… I feel that is wrong as this profit should not go to the new unlisted company but rather to mapmyindia…
Disc: Invested
All fine to be an optimist. However it is not ok to deny your own prior statements.
Rather, since the company is making an honest effort to keep it’s shareholders (particularly the small retail investor), address why your numbers went awry. It is a place of learning, not of denial.
If we find our management to be leading us astray, this is a very bad sign.
I have great faith in this company and it’s ip, it’s concept of the annuity style return of it’s products, the fact that the promoters have deep expertise in it, that they are willing to have regular concalls, answer questions from investors, that they discuss future plans, and have invested in capex. It is not with a little hope that we have invested with them, but denying previous statements begins to make one nervous.
I think it is an appropriate concern that has been brought up in the forum and we, as vulnerable investors, must be alert too. The very best minds were fooled by Enron et al.
@Nimit @rinkupranjan are right to observe this lapse on our behalf.
Also Mr Balwa said that once the seal is sold they have assured business for the next 20/30 years. How true is that. Once the existing seal is gone will the user should necessarily buy form Sealmatic or they can buy any other seal from other business?
Piccadily Distillery Visit (India)
Found this video very much insightful!
They are creating a visitor building with a golf course trying to emulate Sula
Dear Community,
I’m investing in Stocks ( SIP way ) every month I purchase same amount of stocks.
I’m trying to find out SIP ROI values over x months, but I couldn’t find any website which gives such value.
With Tata Consultancy Services Share Price NSE/BSE - TCS Stock Price Live Today - Tickertape, one can find out 5 year SIP returns but I wish to know particular period SIP returns.
Kindly help me with this requirement.
Thanks in advance.
Regards,
Vikram
Yes, all the 3 segments. They are primarily a differential assembly, several types of gears and starter motor producer. They even have global market share in many of the products. Indeed, they have application in all the 3 segments you have mentioned above.
They are using their existing expertise in starter motor manufacturing to transition into EV traction motors and using the expertise in differential assembly and gears to make same products for EVs.
It’s noteworthy to mention that the differential gears and other gears used in EV shall be exclusively designed, as they need to be extremely strong (as compared to ICE) and should have very good weight to strength ratio.
Sona BLW is market leader in this technology of making extremely strong forged components that have very good strength to weight ratio. Also, these components are not generally fungible, that means have to be customized to designed exclusively for an OEM. That leads to the industry best margins for this company. IMHO, they are acting as a contract R&D partner and later contract manufacturer.
https://nsearchives.nseindia.com/corporate/NPST_24062024172745_NSEIntimation24062024signed.pdf
Does anyone know the deal amount?
The company did not do anything significant during the 2013 - 2020 period ( 1 in the P&L image below). 2019-2020 and 2020 - 2021 was a very hard year for both OEMs and Tier 1s as there was a transition from BS4 to BS6 along with slow export demand and ILFS crisis which created a liquidity crunch in the system.
Post covid however the company sprung back with phenomenal numbers with all the cylinders kicking such as exports, Aftermarket and domestic business in FY 23 and FY 24. FY 22 had the challenge of chip shortage which pulled down the demand from the OEM side and unavailability of containers for export.
Shriram piston is a great precision manufacturing play as over a long cycle the gross margin has been around 55%.
Due to introduction of complex BS 6 engines and further move towards ethanol the demand for the pistons will be there for the OEMs and the replacement market. The replacement market is relevant for CV as they go through 2-3 engine overhaul cycles. Exports are also done to some global OEMs where originally Kolbenschmidt ( JV partner) used to supply.
Technologies absorbed in 2019-20
Technologies absorbed in 2020-21
Technologies absorbed in 2021-22
Technologies absorbed in 2022-23
The next layer of growth will probably come from
Disclaimer : Invested.
any news on the dispute amount which they suppose to get from insurance ?
“This year, we have planned the opening of three new showrooms. One in Ratlam, spanning approximately 12,000 sq. ft., another in Ajmer, around 6,000 sq. ft., and the third in Neemuch, approximately 7,700 sq. ft. We are adding nearly 25,000 sq. ft. of retail space to our existing 41,000 sq. ft., increasing our total showroom area to approximately 66,000 sq. ft.”
The company is increasing its retail space by around 60% and opening three new stores. This is a good sign company is in expansion mode. these stores will have to turn profitable but given the brand name of DP Abhushan in MP getting traction should not be a major issue.
EvoLve theme by Theme4Press • Powered by WordPress & Rakesh Jhunjhunwala Latest Stock Market News
The Most Valuable Commodity Is Information!