If the fund raise is to further increases the Capex, then I’d see it as a v v big positive.
Posts tagged Value Pickr
Xpro India – getting bigger? (15-12-2023)
Fund raising board meet planned on 19 Dec 23
Annapurna Swadisht Ltd – A Swadisht FMCG investment? (15-12-2023)
Resignation by Rahul Surekha- President Operation
https://nsearchives.nseindia.com/corporate/ANNAPURNA_08122023185008_Intimation_to_SE_resignation_Rahul_Sureka.pdf
Nesco (15-12-2023)
guess new rules on sez would have positive impact on this counter. any expert opinion?
Cadsys (India) Limited – GIS Mapping co. focused on US (15-12-2023)
I came across this company in the latest quarterly result page. In the first stage of screening, it failed:
- If it has many US clients, how difficult it is to acquire Indian clients in 6 years? I see no Indian clients
- No tailwinds in this sector currently
I’ll add it in watch list & monitor quarterly results to see if there’s any interesting development.
Investing Basics – Feel free to ask the most basic questions (15-12-2023)
Any website to get historical data trends for example if i want history of current ratio,ROCE,ROE etc trend of company?
please share
Hitesh portfolio (15-12-2023)
@hitesh2710 Sir please share any video/book from which a new investor can learn about how to read balance sheet, P&L etc and how any retail investor filter exceptional business and avoid its loss from company who is manipulating the data.
Linc Ltd: Writing the future of Bharat (15-12-2023)
The promoter group added a few 1000 shares in November end when the stock hit 675-700 range. Not sure how to read this, though listing of peers may render re-rating of Linc, considering there 2nd quarter blip was a one-off event.
NIIT Ltd (15-12-2023)
Sharing notes from Q2 FY24 concall
Business
- Revenue 381.9 crore, up 27%
- Excluding newly acquired company St. Charles, the revenue growth is up only 7%.
- Added 4 new customers. Total active customers are 85
- Renewed 4 customers out of which 2 were expansions
- Maintained a 100% renewal rate
- Visibility of $350 mn (~Rs 2870 crore) over two years
- Temporary increase in working capital due to transition of contracts from the parent entity to the new entity.
- Cash balance 585.5 crore. Net cash balance 480.9 crore
- Added 78 employees QoQ. Total headcount at 2468. The new addition was done to service customers added in the last quarter
Risk
- Uncertainty in demand continues for a longer time. In such cases, the company may have to rely on inorganic expansion. Fortunately, they have a decent cash balance of Rs 585 crore at their disposal.
Management
- Guided that revenue growth for FY 24 will be ~12% to 15%. Management expects 20%+ revenue growth in the long term but not immediately
- EBITDA margin will be 22% to 24%
- The acquisition approach is that NLSL looks to gain new clients, new geography or new capability. EIT InnoEnergy acquisition will help gain clients in the green energy sector. It is applicable for both large and small customers.
- AI will materially impact NLSL as well as their clients
- Management is actively looking for inorganic growth
- Expect headwinds in the near term. Per management, deal velocity has accelerated which is visible in new customer additions.
- St. Charles has performed better than expectations
- No challenge on supply side. They are able to hire and retain talent
- NLSL has 25% trainers in full-time roles and the rest on a contract basis. Note that apart from training, there are other services such as building content, managing schedules and programs, purchasing on behalf of customers and building technology