Extraordinary sales and PAT growth. I am very much interest in business only concerning me is 1) Debt now is 800cr which was 139cr 3 yrs back. I can understand this is capital intensive business, hence debt could be high.
2) another concern is why free cash flow is negative ,any idea ?
Hi vganesh
I am using your for a month, must impress with the offering. Particularly reading out ot the impact of new excellent.
Have few suggestions & looking forward to see 
Ma’am @WomenInvestor , am new on the platform, I have a question :
Do you think, considering the size of both the businesses, are the numbers really comparable.
Are these really apple to apple. I mean the no of screens mentioned above is 1697. Cineline is no where close to it. Also, what was interesting was the occupancy %. Now, PVR being a such a large brand, does a occupancy of just 22% really justifiable.
Kindly guide me on these.
I was going through the qtrly presentation of PVR : https://www.bseindia.com/xml-data/corpfiling/AttachHis/2ca8f48a-e69a-4760-a2a5-f7d42c9d165a.pdf
Found an interesting number. PVR Inox being the largest Cinema brand in India with subbrands like Luxe, Direcotrs cut among other. It has :
ATP of Rs 246
F&B Spend of 130.
Now I compared this from its nearest competitor in listed space which is Cineline.
What is interesting, is that even though that Cineline focus more on Tier 2 cities. Still they have a comparable Avg Ticket Price (ATP). Though F & B spend (SPH) is lower which is understandable.
Then I went for a deep dive in analysis of Cineline & found this interesting video :
Cineline India | Reason behind Movie Max’s Skyrocketing Profits | Rahul Chauhan
Disc : Not Invested, but tracking.
Tried finding resources and data on Aatmaj , Not able to find good information to analyze the company on , how did you reach the conclusion of it being a good value pick ? Also where can I learn more about the company and management properly?
hello sir,
One difference I see is a bearish symmetrical triangle in the recent pattern.Please correct me if I am wrong.
The value of the major investments in Britannia via BBTC stake ( 9.3%) comes closer to 4650 crores Plus .9% stake in bombau dying worth 328 crores.
So holdco discount here in 92% which is too cheap.
CNG vehicles would remain a preferred mode of transport in and around city area due to presence of CNG filling stations.
But for long haul trucks and buses , LNG would be preferred as LNG in liquid form can be stored in Cryogenic fuel tanks for long distance journey and no top up required up to 1000-1500 kms and even more .
But both CNG & LPG are non-renewable energy , though both are 8-16 times cleaner than petrol diesel vehicles in terms of carbon. Further , we have to meet our CNG/ LNG requirement partly through imports.
Therefore , CNG & LNG are approaching towards semi-final. and both would gradually & ultimately be replaced by renewable energy like CBG (compressed Bio gas) & LBG (Liquified Bio gas).
The beauty of the technology is such that the existing CNG network/ Infrastructure can handle CBG / LBG fuel dispensing and existing CNG/ LNG vehicles will be able to run with CBG & LBG fuel. After all all the four contain a simple molecule called Methane CH4 as source of energy.
The other alternatives would coexists together for quite some time – EV, Hybrids , Ethanol , Ethanol + petrol, Bio diesel , Hydrogen IC and Hydrogen fuel cell.