Posts tagged Value Pickr
Shankara Build Pro – Building Materials Organised Retail (23-01-2024)
Interesting developments happening here
Non-steel products sales will help in transitioning Shankara from steel distributor to “Home Improvement” player
Higher EBITDA margins of roughly 4-5% in the medium term and PAT of around 2.5% will yield around 28% ROC
Manufacturing operations will be separated( sub 10% margins and ROC), which will boost Shankara Buildpro valuation
Manufacturing operations post spin off might surprise with average return metrics thus unlocking some value there as well
Growth guidance has been revised downwards by 5%, but if they can consistently grow in the range of 20-25%, Shankara might create decent value going forward
My portfolio updates and investment journey (23-01-2024)
Hi @Manoj_Dhanauri thanks for your comments.
In general, people who make money from 2/3 stocks with maximum exposure is a output/outcome rather than a input.
People who become reach with 1 stock are generally the founders/promoters. While rich investors’ 2/3 stock become big out of 100s they bet at different time through the life. For example our own late RJ sir bet on 100s of stock in his life time, Titan was one of them. Its not number of stocks but power of holding (buoyed by business and key drivers understanding) has made it big for him/his family.
I have never heard of any large successful investor who has become successful with less than 5 stocks. Nick Sleep is the only one who is close to it.
My portfolio has many small caps (59% of portfolio value) and midcaps (34% of value) hence i need to own more to save myself from stock specific risks and my overconfidence. My largest holding Rategain is 16% of portfolio as of today, top 5 -45% and top 10 – 71%.
Having said that, investing is personal and situational. I am planning to share a bigger post on number of stocks can be in a portfolio through one’s journey.
Disclaimer: I am not a financial advisor and nor a SEBI registered Analyst. The content shared here is only for learning purpose. All the names mentioned here are for example purpose. I may buy more, exit or partly sell the stock/bonds without any prior intimation.
Vedant Fashions (Manyavar) – Niche Branded Retail (23-01-2024)
Bad H1 results and few wedding days in Q3 this year. Company in the latest concall says it’ll cover up in H2.
Vedant Fashions (Manyavar) – Niche Branded Retail (23-01-2024)
I think you misunderstood. The latest filing found here is actually stating that the ruling has been in the company’s favor and the disallowance of the expenses for the mentioned years has been deleted which effectively means the expenses have been allowed thus no tax implications on the company. It mentions the same in the last row of the table.
JTL Industries – Fast Grower at an inflexion point (23-01-2024)
Because of company is in big expansion mode. Receivables and inventory are increasing. And receivables and inventory are normal in compare to sales. Working capital days not increased and same in line with past.
SWELECT ENERGY SYSTEMS LTD – some information from Annual report (23-01-2024)
“Har Ghar Solar” mission by goverment.
Goverment will launch “Pradhanmantri Suryodaya Yojana” with the target of installing rooftop solar on 1 Cr houses.
IDFC First Bank Limited (23-01-2024)
Cost to income would decrease only when the bank stops increasing branch count qoq.
Absolute GNPA numbers have actually decreased YOY and only marginally increased QOQ. PCR has reached 85% which is great. NIMs have improved. Fundamentally the bank is in a strong position.
At 12,000 cr PAT, the bank would command a mcap of 2.4 lakh crore at 20 P/E. We can expect 3-4 times increase in share price in the next 5 years.
For me it is a steady compounder from now on. I would cut my position in IDFC (almost 50% of my portfolio) after merger which is a trigger for the stock.
IDFC First Bank Limited (23-01-2024)
NIM’s are still best in the industry
CFF Fluid Control Limited – SME (23-01-2024)
Looks like company did a mistake here as this is absolute figures and not Rs. in thousands.
Kindly recheck it. How can a 71 cr sales company give remuneration to CFO and CS this much amount which is not even related to promoters?
Source: Annual Report FY 23
Disc: Not invested.