Was there any explanation from mgmt why the OPM was down this quarter compared to last quarter. Also the PAT is down YoY and QoQ.
Posts tagged Value Pickr
Delta Corp – A huge but risky opportunity (16-10-2023)
I bought a big quantity at 180 and exited and booked loss completely at 143 at the previous fall, when it was close to selling free.
That was a bitter bullet to bite. But this strategy has paid me off. I don’t like to be invested in stocks, which has lot of uncertainty.
Last such big fall happened to me was in yes bank with big quantity. Booked 25% loss in that stock around 225. Never averaged. And today I’m still in the market.
In the case scenario, if deltacorp inches back to 200…I will never regret. There is no dearth of other good stocks in market.
Nithin’s Portfolio (16-10-2023)
There were Chinese manufacturers who manufacture para aminophenol via NB route example : Anhui Bayi Chemical Co
The fate of this company was eroded due to explosion :
- Another chemical enterprise exploded, causing one death and one serious injury!
- Upstream changes, the export price of paracetamol APIs will skyrocket?
Now since its closed, there is a big hole to fill in
Goodluck India Ltd (16-10-2023)
Few takeaways from Q4 FY23 Concall.
Q4 FY 23
BUSINESS
- Turnover increased by 66% to Rs.2,617.10 crores. EBIDTA increased by 53% to Rs.186.89crores and PAT stood at Rs.75.02 crores as compared to Rs.30.05 crores. The volume stood at264,418 tons as against 224,603 tonnes in FY2021, a growth of more than 17%. Realisation and volume led growth.
- It is headquartered in Ghaziabad with 364,000 tonne manufacturing capacity, spread across six facilities, five in Sikandrabad, Uttar Pradesh, and one in Kutch, Gujarat.
- Capex– This year the company has added 18,000 metric tonnes in the forging division and 20,000 metric tonnes in the precision tube engineering division.
- Four major verticals, which are ERW Steel Tube, Precision tube, Precision engineering and fabrication and forging.
- End User Industry- cater to many diverse sectors of the economy that include auto, infra, high speed railway, specialized infrastructure, solar, defense, aerospace and defense components.
- Engineering structures and precision fabrications- a key segment, not only in terms of our engineering expertise and passion, but also in terms of growth opportunities, provide both fabrication and services for infrastructure solutions. Be it road bridges, smart city structures, or supercritical bridges for high-speed railways corridor.
- Forging- specialize in stainless steel, duplex, carbon alloy, steel, forging exotic material and flanges, which is supplied in more than 100 grade products. Forging for defense is to start.
- Precision pipes and Auto tubes– very few players to manufacture high quality CDW tubes, segment is a substantial contributor of export revenue to the Company. Industry caters to our aerospace, nuclear power, and wind energy.
- CR coils, pipes and tubes– which is the oldest sector, manufacture ERW pipes and tubes that find application precision tubes, support structures and other infrastructure, agriculture, auto and many more.
- Utilization around 80%.
- L&T LOI work has already started, from June onwards, we can we can see the project on the floor.
- Competitor- forging Bharat Forge, very big name, they are making 10,000 tonnes. We are making 2000 tonnes.
- Target to be longterm debt free, short term debt to remain as cash is raw material.
- The increased prices will be passed on to the consumer, always with little time lag times, but they are passed through. It is a complete pass-through.
MANAGEMENT GUIDANCE
- Increasing the share of value-added products in our total product portfolio.
- Envision an order book of over Rs.1000 crore in the next 2 to 3 years from engineering structures and precision fabrications segment.
Astec Lifesciences (16-10-2023)
No possibility. See Feb 23 Godrej Agro concall trasncript below
Sheela Foam – An exciting branded play (16-10-2023)
Replying to very old post but still very insightful.
Caper mattress current scenario
the brand sees value in its physical presence: The “store is the best representation of our brand. It’s the best way to show all of our products. It’s the experience we can control in a physical way,” Arel said, pointing to the fact that almost 80% of mattress purchases are bought in a place where you can test them out.
Offline / physical retail can never get out fashion and most of the online only brands have to go offline in long run.