I keep a tab on my monthly portfolio returns (historical) like a heatmap. Here’s a sample below:

Then you track similar NIFTY50 and NIFTY500 or any other benchmark index and plot it in a line graph to give you the desired result.

Here’s a sample NIFTY50 return I got from PrimeInvestor:

I use premium Value Research Online (VRO) to extract my monthly returns (although accuracy is questionable) since I use Tijori (premium) as well which has a higher returns profile (not sure why – am investigating more on this).

So I used the lower CAGR returns for the graph (keeping the expectations low) to paint the picture.

PS – the NIFTY50 heatmap is very interesting if you see which months performed positively over the last 23 years and which didn’t. Something to ponder and keep our expectations in check.

Hope this is helpful

See recent AGM video on YouTube. The Chairman opined that the slump was almost over and Demand should pick up after December 2023.

INDIA BULLS REALESTATE(CMP – 95) – Great Turn around in Infra Sector

THESIS :

• Looking Like A Very Good Turnaround Candidate
• Which Can Be A Big Outperformer Going Forward
• Would be very interesting to track this- please have a read on the entire tweet
  -Institutions might have taken a huge delivery in this counter yesterday
• Massive delivery volume of shares worth 808 CR VS Market Cap of 4870
  Reasons :
  1)The company has a massive land bank which is sufficient for proposed development over the next 5-
  7 years. Unsold inventory stands at 10,612 CR Vs Market Cap Of 4,870 CR.
  This provides a good revenue visibility

2. New management has taken over the company since March 2023. The New Management is
   committed to have the highest level of transparency and Corporate Governance standards.
3. Third reason why I am very bullish is that company aims to be net debt free by the current FY.

#indiabullsrealestate #IBrealestate #infrasector #upmove

How exactly are you calculating the ROCE? Return ratios for the business have always been meh because of the asset heavy nature of the business. Even the management says they don’t look at return ratios because of that. IIRC, they said they would be happy with 12-14%.

(Presumably, the work on new parks will begin immediately after Orissa & Chennai parks open. So, they will still be in investment phase for a long time. Chennai & Orissa parks will take time for operations to stabilize. Even the mature parks are getting new rides at significant cost. So, ROCE to be considered should be 3 or 5 year average)