Amazing set of number by KPIT, when rest of the peers are struggling…
Posts tagged Value Pickr
Jupiter Wagons Ltd (previously CEBBCO) (24-07-2024)
From where we can find this sort of information is there any goverment site to find such information
Tata Technologies (24-07-2024)
Tata Technologies Q1 FY 2025 Earnings Call Summary
Revenue:
- Overall revenue declined by 2.5% sequentially.
- This was due to seasonality in the value-added product reseller business and the completion of the ramp down at VinFast.
- Technology Solutions revenue (which includes the value-added product reseller business) declined by 7.4% sequentially.
- Services revenue declined by 1% sequentially due to short-term phasing of a few large programs.
Profit:
- Despite the decline in revenue, net profit increased by 3.1% sequentially.
- Operating margin remained resilient at 18.2% compared to 18.4% in the previous quarter.
Growth Outlook:
- The company expects sequential revenue growth to pick up from Q2 onwards.
- This is supported by a healthy deal pipeline and order book.
- Growth is expected to be range-bound across the remaining quarters.
Other Key Points:
- The company won three large deals in Q1:
- A multi-million dollar, multi-year award for battery and pack design services for a global EV battery manufacturer.
- A turnkey development project for a new cab for a North American commercial vehicle manufacturer.
- A large deal from a European Aerospace Tier 1 to develop first and business class seats for commercial airlines.
- The company is confident in the long-term growth prospects of the engineering services sector driven by trends like electrification, autonomous vehicles, and connected and shared mobility.
- The company is making significant investments in Gen AI (Generative AI) and training programs to capitalize on this growing market.
- The company maintains a strong balance sheet with healthy cash flow and liquidity.
Analyst Questions and Answers:
-
The isolated cases of weakness in client demand were attributed to specific customer-related issues and not broader trends in the EV market.
-
The phasing issues with large projects are expected to be resolved in Q2.
-
The BMW joint venture is expected to launch in the second half of the fiscal year.
-
The services business (excluding VinFast) grew by 26% year-over-year.
-
The company sees an opportunity for increased contribution from the commercial vehicle segment in FY 25, but did not provide specific figures.
-
Semiconductor Business: The company sees an opportunity in smart manufacturing and is in discussions with some customers to leverage products from Tata Electronics.
-
Airbus: The company expects continued growth from Airbus in Q2 and H2 FY 25. They are also looking for additional opportunities beyond the current order book.
-
Margins: The company aims to maintain margins for FY 25, targeting the higher margin between Q1 and FY 24 exit margin.
-
Utilization Rate: The company is close to the optimal utilization level and will focus on improving onshore utilization. They will also continue hiring strategically while focusing on capability building.
-
Growth Opportunity: Among key sectors (aerospace, education, industrial, automotive), aerospace has the highest percentage growth potential due to a smaller base and recent investments. However, automotive remains the core business, driven by R&D in areas like autonomous driving and electric vehicles.
-
VinFast: The company has completed work on the two VinFast vehicles and expects a modest level of support going forward. They anticipate future opportunities if VinFast expands their portfolio.
I hope this is helpful!
Follow me on X for many other company updates: x.com
Microcap momentum portfolio (24-07-2024)
@Mohana_kri I will try this. Is possible to share input file “ind_nifty200list.csv
Borosil Renewables – Bright as sunlight (24-07-2024)
Stock is shooting up on this news but it doesn’t tackle the underlying problem that they are selling the glass at a loss, might be a good time to exit?
Microcap momentum portfolio (24-07-2024)
@Mudit.Kushalvardhan I will try this. Is possible to share input file “ind_nifty200list.csv”
How to register with SEBI as a Research Analyst? (24-07-2024)
NISM provided PDF and online mock tests will help you clear the exam. It is not difficult, but you need to be sure of concepts and calculations.