book value is around 87 of this, I feel the tax demand is ridiculous worth the risk in my opinion.
Posts tagged Value Pickr
Companies with 20%+ growth guidance for next few years (19-10-2023)
Adding a few more companies:
Manorama Industries (25%+ sales CAGR over coming 2-3 year)
Aurionpro (30% CAGR in sales over 4 years)
Sanjivani Paranteral (30% CAGR over 3 years)
IZMO, Home First, Frog Cellsat, Kilburn, Hindustan Foods are few more names
Many smaller NBFCs promising strong growths
Neuland Laboratories Limited – Transformation towards niche APIs? (19-10-2023)
When is the next earnings call? Can anyone share the call details please.
Endurance Technologies – Quality focussed Auto component manufacturer (18-10-2023)
The EV Orders increased from 12% in FY22 to 42% in FY23 (Standalone business), It’s more than 3 times
Similarly, EV and Hybrid share in Europe market
EV: 11% in FY22 to 49% in FY23 and 89% in Q1FY24, Fantastic
Companies with 20%+ growth guidance for next few years (18-10-2023)
Hi All,
Thanks for your feedback and responses. I was not expecting such overwhelming responses. I have made correction in spelling of Gravita India and removed duplicate entry of SBCL. Also thanks for providing feedback about adding source of the guidance. I am proposing a template at the bottom of this post. Please let me know if anything else needs to be added to the template. I will try to populate it for most of the companies listed above in next 3-4 days. Again, I would have to look at management interview/con call notes etc to find the source. But it will be helpful for everyone in long run.
I personally think it is good to keep track of such companies. We can update it after every quarterly result or whenever management revise the guidance. I would request other members to add to the list since it will be hard for one/few persons to keep track of all companies. But together we can keep track of most of the companies.
Template for documenting growth guidance with one example –
| Company name | FY 23 Revenue | Target revenue | Time frame | Growth guidance (in %) |
Source of growth guidance | Growth Triggers(as per company) | Comments | Reference url |
|---|---|---|---|---|---|---|---|---|
| VST Tillers Tractors Ltd | 1000cr | 3000cr | 3 yrs | 25-30% | Q1 FY 24 concall Interview on CNBC TV-18(https://www.youtube.com/watch?v=rdEQfJbkFBM) |
1. Export of VST-Zetor tractor(launched in Sep) 2. Supply to electric tractor companies in US 3. Launch of large utility and hp tractors(expect 10-15% rev) from it 4. Inorganic growth(potentially) |
https://www.bseindia.com/xml-data/corpfiling/AttachHis/8e717ff1-bc5a-4399-a7c4-a957cbf4b2fe.pdf https://www.youtube.com/watch?v=NZKBC6kHBnE |
Companies with 20%+ growth guidance for next few years (18-10-2023)
Hi All,
Thanks for your feedback and responses. I was not expecting such overwhelming responses. I have made correction in spelling of Gravita India and removed duplicate entry of SBCL. Also thanks for providing feedback about adding source of the guidance. I am proposing a template at the bottom of this post. Please let me know if anything else needs to be added to the template. I will try to populate it for most of the companies listed above in next 3-4 days. Again, I would have to look at management interview/con call notes etc to find the source. But it will be helpful for everyone in long run.
I personally think it is good to keep track of such companies. We can update it after every quarterly result or whenever management revise the guidance. I would request other members to add to the list since it will be hard for one/few persons to keep track of all companies. But together we can keep track of most of the companies.
Template for documenting growth guidance with one example –
| Company name | FY 23 Revenue | Target revenue | Time frame | Growth guidance (in %) |
Source of growth guidance | Growth Triggers(as per company) | Comments | Reference url |
|---|---|---|---|---|---|---|---|---|
| VST Tillers Tractors Ltd | 1000cr | 3000cr | 3 yrs | 25-30% | Q1 FY 24 concall Interview on CNBC TV-18(https://www.youtube.com/watch?v=rdEQfJbkFBM) |
1. Export of VST-Zetor tractor(launched in Sep) 2. Supply to electric tractor companies in US 3. Launch of large utility and hp tractors(expect 10-15% rev) from it 4. Inorganic growth(potentially) |
https://www.bseindia.com/xml-data/corpfiling/AttachHis/8e717ff1-bc5a-4399-a7c4-a957cbf4b2fe.pdf https://www.youtube.com/watch?v=NZKBC6kHBnE |
Karur Vysya Bank (18-10-2023)
KARUR VYSYA BANK Q2 –
Advances up 15 pc YoY
Deposits up 13 pc YoY
Total business crosses 1.5 lakh cr for the first time ( Advances at Aprox 70k cr )
Q2 RoA @ 1.57 – highest in last 10 yrs (despite addititional contingency provisions of 25 cr) 
Q2 Net Profit – 378 cr, highest ever
Gross NPAs @ 1.73 vs 1.99 pc in Q1
Net NPAs @ 0.47 vs 0.59 pc in Q1
Provision Coverage Ratio @ 94.5 pc 
NIMs at 4.07 vs 4.19 pc in Q1 ( due higher increase in cost of deposits vs loans ) Guiding for 1.6 pc RoA , NIMs @ 3.8 pc for Q4 / qtr ending FY 24, Loan growth > 15 pc for FY 24
Credit cost guidance for FY 24 @ 75 bps !! 
Restructured book at 1.2 pc with 25 pc provisions. Also, almost all of restructured book is secured
Q2 slippages @ only 115 cr
Expecting a recovery of aprox 250 cr from written off accounts
Thrust areas – Gold Loans, Mortgages in Tier -2,3 cities
Disc: holding, biased, not SEBI registered
Federal Bank – A Turnaround banking Story? (18-10-2023)
FEDERAL BANK Q2 – The overall business growth was very healthy with great asset Quality for Federal Bank ( one can have a look at the numbers on Screener.in
Management expects business growth to accelerate in second half
NIMs in Q1, Q2 were 3.15, 3.16. Management believes, NIMs should be around 3.2 pc mark in H2
Increase in cost of deposits is tapering. Seeing nice / steady increase in yields on advances. Also, the higher margin business / loans are growing faster ( like personal loans, credit cards, CV/Auto loans )
Fresh slippages in Q2 at 373 cr – very healthy
MFI disbursements @ around 200 cr/ Qtr. Growth looks sustainable ( again very high margin business )
Gross NPAs @ 2.26 vs 2.39 pc in Q1
Net NPAs @ 0.64 vs 0.69 pc in Q1
Most of unsecured loan book growth is attributable to existing bank customers and not to the – ‘new to Bank customers’
Disc: holding, biased, not SEBI registered