@Donald : What’s the conidence level for the Production Estimates [SS 2023-24] of MH as they seem way low when compared to ISMA’s projection? What kind of and how wide ground level checks were done to arrive at this conclusion?
Posts tagged Value Pickr
Tata Technologies (28-11-2023)
Two biggest growth triggers that I find interesting is only 5.5% of the ER&D services is outsourced and india ER&D outsourced services are the lowest. I have known some of the global companies who are consumers of these services and they say the future is very bright for ER&D outsourcing. I see lot of synergy so few years down the line it can potentially merge with Elxsi to compete with the likes of KPIT.
Basilic Fly Studio Ltd (28-11-2023)
Though hunter, already put notes for concall.
Observed it is available on screener. Very cool feature and helpful, as concall is my place to understand company. Thanks ayushmit.
Concall Notes – Nov 2023
Financial Performance:
- In H1 FY2024, achieved a total income of 49.89 Crores, EBITDA of 24.07 Crores, and a net profit of 18.93 Crores
- Positive outlook for H2 FY2024 and the future, driven by performance, IPO proceeds, and project pipeline
- Aiming for 60-70% growth in top line and 30% PAT margin for FY2024
- Operating margins expected to stay above 45% going forward
Expansion and Facilities:
- Planning to establish two new dedicated facilities in India
- Expanding international markets in Europe and Australia
- Expect to double team strength to 800-1000 members in the next year
- Utilizing IPO proceeds for new facilities, no need for debt
New Projects and Collaborations:
- Actively exploring opportunities in kids entertainment and fostering new collaborations
- Incorporating AI tools to reduce roto work and focusing on software development for automation
- Testing tool called copycat that can replicate shots with similar shapes
- Worked on project called LEO, contributing to fire shots, fireworks, and aging effects
- Strong relationships with major production networks like Marvel, Warner, Apple, and Paramount Plus
- Bigger projects lined up for the future, involving global teams and starting from pre-production stages
Order Book and Project Pipeline:
- Order book includes projects ranging from 4 to 6 Crores in size
- Working on projects for the next 6-7 months, with additional projects in the pipeline
- Focused on expanding relationships with content platforms and production studios
Company Overview:
- Leading visual effects studio headquartered in Chennai, India
- Specialize in creating visual experiences for movies, TV shows, web series, and commercials
- Team of 500+ members operating from offices in India, London, and Vancouver
- Secured listing on the NSE emerged platform
- Despite industry challenges, managed to grow and expand workforce to meet demand
- Canadian subsidiary achieved break-even numbers
- Appointed key senior positions to enhance capabilities
- No bad debts in business
- Constantly recruiting and expanding team in India, London, and LA
- Strong track record of trade negotiations with clients resulting in advances and timely payments
Disclosure: 9% of Portfolio, highly biased.
Long term investment strategy (Buy, hold but don’t forget) (28-11-2023)
You can calculate this by importing your portfolio into Value Research – https://www.valueresearchonline.com/my-investments/ . It’s easy and this keeps tracks of dividends as well.
@Pragnesh Your XIRR returns will be much much bigger if you include dividends. Congratulations on your portfolio and thanks for the post.
Silicon Rental Solutions- good but not great (28-11-2023)
*As per Management they are expecting 40-50% growth for next 4-5 years, In my opinion, if they can grow even at CAGR of 20%, it will provide good return to the shareholders given the low valuation (14 PE, 5 EV/EBITDA).
*High revenue concentration in Maharashtra is good in a way that they are able to pernitrate deep into the market where they are focusing and other territories (Banglore, Hyderabad, Gurgaon ) are wide open to expand.
*Their foray into new asset light segment will be interesting.
D: Recently took position.
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (28-11-2023)
Crushing capacity
Dhampur Sugar – 22,500 TCD
Dhampur Bio – 29,500 TCD (increased from 22,000 TCD last year).
Smallcap momentum portfolio (28-11-2023)
Thanks Viswanath!
So, strongest stocks in this context would mean highest returns over last 6 months and 1 year time frames (helps guage the momentum of the stocks over two bigger time frames) and there is no technicals/fundamentals involved. Also I gather because of the frequent rebalancing there is no need to exit or be in cash rather stay invested at all times. Did I miss something here?
Nevertheless, there should still be an exit plan/mechanism to prevent portfolio erosion during a market fall. One would always want to book profits and atleast preserve the original capital at a portfolio level in such scenarios. Perhaps, the bigger challenge would be to identify such a downturn in advance and take prompt action.
IDFC First Bank Limited (28-11-2023)
Nothing complicated. I got a text on my phone with link from IDFC
- Add your mobile number and accept the T&C
- A new digital credit card number will appear on the IDFC credit card app
- Add the new card number in payment methods on your UPI (Gpay/Phonepe) and set a pin. It’s done.
Long term investment strategy (Buy, hold but don’t forget) (28-11-2023)
I agree with your point that the capital has to be deployed in the best performing option. However its also important to have right position sizing of your portfolio. If a particular stock is contributing to 25%+ of your portfolio , then risk associated with it is also higher. Having said that it all depends on the individuals risk appetite and also on your conviction of the said position. I have seen some investors in this forum having a super concentrated portfolio of 3-4 stocks with 1 position upwards of 60% etc and doing extremely well.