Is company not having concall for Q2 this time ? Need to understand the guidance on sales growth as seems company has consistently underperformed on sales growth for last 2 Qs with respect to the initial guidance
Posts tagged Value Pickr
Som Distilleries and Breweries (07-11-2023)
I believe that maintaining the same level of optimism and confidence in such turbulent times is what differentiates an investor from a speculator. Kudos to you!
Also, It isn’t the first raid for the company and isn’t the last either, everyone knows why places are raided right before the elections, after all cash plays a vital role in every election.
Varun beverages fast growth duopoly business (07-11-2023)
VBL Q3 CY 23 Key take aways from con call:-
- 45% capacity expansion over CY 23 before start of season next CY
- The reason for doing better than 12 million FMCG outlets vs 3.5 million VBL outlets is, More room for penetration vs FMCG, FMCG have matured, basic infrastructure has improved in terms of power supply, roads and logistics as a result more and more vizi coolers have been installed, Prices have been reduced to capture Indian market to offer value preposition with volume.
- Sting continues to do exceptionally well, Sting blue is also a very successful launch and doing great.
- A subsidiary in Mozambique has been opened as the International market is opening up really well.
- Dairy business is doing well and will pick up well in the next season.
- July 23 was a washout because of unseasonal rains.
- Capex of around 2500 crs with a asset turnover 1.8 times.
- Dairy and Juice’s margins are similar to CSD, but they will not be significant in the total portfolio.
- Congo is 35-40 million cases capacity
- Many sugar free drinks on the cards to be launched next season
Krishca Ltd : A SME offering steel strapping Solution (07-11-2023)
krishca.insights.pdf (1.1 MB)
Important Points to be noted-
1.Packing Contracts-
Successful Contract with Shyam Metallics Ltd
Securing a Pivotal Contract with PSU – Steel Authority of India (SAIL)
2. Overseas Subsidiary (2)
Singapore
UAE
3. Doubling the capacity of steel strapping – Fully Operational by January 2024.
4. Dveloping a mobile application for our sales team, providing them with all the necessary data, documents, and resources to serve our customers better.
5. As per MD – “Our margins have experienced a slight 1% dip in comparison to the previous financial year. This decrease can be attributed to our current phase of aggressive growth and expansion, a strategic move we believe will yield significant long-term benefits. We anticipate that our growth will continue to thrive, with expectations of a substantial 35% – 40% growth rate.”
Natco Pharma: Focusing On Complex Products (07-11-2023)
Thank you Harsh for pointing to FDA site and other valid points posted.
Natco Pharma was considered to be good on corporate governance.
Now not declaring this development of US FDA inspections and observations there of, while there is a declaration of no observation on inspection of their corporate facility makes me wonder if we need to suspect their corporate governance. I am seeing this as a red flag.
Only other possibility i can see that FDA published this information in their site as @harsh.beria93 gave the link, but Natco yet to receive formal notice. What is the chances of that?
Or what else could be reasons for not having disclosure to exchanges. Seeking expert opinion.
Disc: Now only holding a single share for tracking purposes.
Transpek Industry limited (07-11-2023)
Management AGM did sound conservative. However, was not expecting such results. Having said that, broadly, decline in exports sales (my assumption) due to demand slow down in US may have adversely impacted sales during quarter. I hope same get recover quickly. My expectation would be moderate improvement in Q3 and Q4 and then normalise business in FY25. Let us wait for Con call to get more details and understadning of business.
ValuePickr USA @ Eastern Time Zone (07-11-2023)
Hi Hitarth,
I am based in Providence, RI. I will be happy to connect. I am currently in India but would be available for future meets.
Dynacons Systems & Solutions Ltd – A growing IT company (07-11-2023)
Dynacons has established a subsidiary dedicated to 24/7 information security monitoring. Named “CyberconsInfosec Private Limited”, this company will serve as the security operations center and will serve as the central hub for advanced threat detection, incident response, and 24/7 monitoring services.
This should help them augment their security and surveillance offerings and will further help them establish an annuitized business model.
https://www.bseindia.com/xml-data/corpfiling/AttachLive/9bcaf064-ec11-4f65-adde-4e70cefdb171.pdf
Surat Equity Group (07-11-2023)
Sounds great. Count me in as well
VP Group Navi Mumbai (07-11-2023)
Yes. I am interested in such navi mumbai group.