Holding on to shares of Sterlite Power Limited since 2 years? What should be done? Is it gonna be worth waiting?
Posts tagged Value Pickr
Shakti Pumps – solar shakti (power)! (21-07-2024)
Source PM kusum govt website https://pmkusum.mnre.gov.in/#/landing
x.com
If you don’t agree with below data, Why don’t you pull data by yourself and show everyone that this are incorrect projections ?
Shakti Pumps Q1 revenue excellent. PAT margin improved to 16.3% vs people expecting EBITDA to be 15%. From solar pumps installation data we got 16001 pumps installed in Q1. Co installed 14785 pumps as per their own investor presentation.
(x.com)
So no of pumps installed is more even QoQ. B2G is their highest revenue earner. Means q1 should be higher than q4. But it didn’t happen? Really (all doubters will run away now) Lets’ compare their 2 investor presentations only. Anyone can do this comparison from the investor presentations.
(x.com)
Difference of orderbook between 30th march and 30th june. Only 4 agencies MSEDCL, HAREDA, UP AJMER VIDYUT shows that 670 crores of orders already executed in Q1. On top of this, the export for full year in FY23 was 286 crores so 70 crores per quarter. This quarter declared is just 22 crores. And add the B2B vertical which in Q4 was 130 cr. Add all of these and you would know how much revenue was generated in Q1. Exports aur B2B ko side bhi rakh do. Just the difference of their govt orderbook executed in Q1 is 670 crores.
Bottomline. Expect q2, q3, q4 to be even more blockbusters.
For full year yahi aayega, 3000 cr revenue,
600 cr pat
300 eps available at just pe of 13 vs KSB at 74.
SG Mart- Can it successfully create a marketplace? (21-07-2024)
Noticed that Ashish Kumar Kacholia had conpletely exited Shankara and entered SGMart in the last quarter.
Kotak Mahindra Bank – Low Cost Liability Banking Franchise (21-07-2024)
Notes from Investor Presentation Q1FY25
Consolidated
•PAT: ₹ 7,448 cr •ROE: 22.04% •ROA: 3.87%
Bank
•PAT: ₹ 6,250 cr •NIM: 5.02% •CASA Ratio: 43.4% Subsidiaries
•Kotak Securities:
YoY growth PAT:83%; CashADV:100%
•Kotak AMC:
YoY growth PAT: 71%; Equity AAUM: 61%
Material Financial Updates
•Profit (net of tax) on divestment of stake in Kotak General Insurance (KGI): ₹ 3,013 cr on consolidated and ₹ 2,730 cr standalone basis
•RBI’s Master Direction on Bank’s investment valuation: ₹ 3,414 cr increase in reserves (net of tax) as on 30thJune, 2024 Impact of above is included in figures / ratios computed above, as applicable
•Customer Assets:Up 20% YoY •Avg Deposits: Up 21% YoY •NNPA:0.35%
Customer reach
Bank Customers 5.1 cr
ATM 3279
Group AUM ₹636,311
Update on RBI Supervisory Action
Reserve Bank of India (“RBI”) order of 24th April 2024, directs the Bank to cease and desist:
•Onboarding new customers through the Bank’s online and mobile banking channel
•Issuing fresh Credit Cards.
The order does not impact:
•Servicing and cross-sell of products (excl. new Credit Cards) to the existing customer base through all channels
•On-boarding ofnew customersthroughother than online/mobilebanking channels
Action taken by bank
•External auditor appointed and scope of audit finalized in consultation with the Regulator
•Augmented capacity through onboarding external IT vendors to expedite
compliance
•Remedial action plan are on track
•Constant interaction and update to Regulator on progress
Business & Financial Impact
•Potential financial impact continues to be in line with the initial estimate
•Redeployment of resources to deepen existing relations, improve cross-sell
Divestment of stake in Kotak General Insurance
•Zurich has acquired 70% stake in KGI for ~₹5,560 Cr by way of fresh growth capital (~₹1,460 cr) + secondary acquisition from Bank (~₹4,100 cr)
•KGI post money valuation : ~₹7,940 cr
•KMBL’s total capital infusion in KGI: ₹875 cr
•Post this transaction, KMBL holds 30% stake in KGI and will continue to act as corporate agent of KGI for distribution of general insurance products
Consolidated Results
Standalone
•Q4 FY24 PBT includes: -Interest on income tax refunds: ₹142 cr-Reversal of AIF provision ₹ 157 cr
•Q4 FY24 PAT includes tax credits: ₹200 cr
•Total one off credits in Q4 FY24 PAT: ₹ 426 cr
•Unsecured retail advances (incl. Retail Microcredit) as a % of Net Advances:
•31stMarch, 2024: 11.8%
Kotak life insurance
AMC, AUM AND Geographical presence
Shakti Pumps – solar shakti (power)! (21-07-2024)
Feel free to make projections and speculations but state so explicitly. I see you have now edited your posts. I 100% agree that management is conservative but saying company will make 3000cr this year without backing it up with any source or saying that this is your thinking, is what i objected to.
TechnoFunda with anshu (21-07-2024)
Natco
Economic value addition is more than PE.
In the yr of 2021 to 2022 EPS falls from 24.18 to 9.1 that time price already corrected 1150 to 750. That’s why PE became expand 36 to 52. The EVA & PE gap is maximum in 2022. But in 2023 company deleverage 239Cr. Net debt from 416 to 167. and EPS also increase 9 to 39 (which is all time high EPS at that time) so PE drastically decrease to 16.
Now current scenario increase of EVA is higher than PE. co Fixed assets purchase also increased. And price is also making all time high (breakout @1188)
Natco Pharma.pdf (181.4 KB)
Smallcap momentum portfolio (21-07-2024)
@gpharshas Yes sir. We can apply the same method to Nifty 500 or any other universe as we capturing rate of change and balancing it with a check on volatility.
The decisions you will have to make is the (1) size of the pf, (2) up to what rank you will not exit a stock and (3) rebalancing frequency
- Typically, people use the top decile; in this case, the pf will 50 stocks.
- Again people use 2x the pf size as Worst Rank Held (WRH). If you have a 50 stock pf, you will not exit till the stock falls below the 100th rank. This will help reduce the churn a lot.
I do not give so much of leeway. For a 25 stock pf, I exit if it falls below 30. - As it contains a lot of smallcap and midcap stocks as well, you might want to consider a rebalancing frequency of every two weeks. You could do the rebalance on 1st and 16th of every month.
Microcap momentum portfolio (21-07-2024)
@tjkambow might be able to help as he was using similar function.
Microcap momentum portfolio (21-07-2024)
Update for entry on 22nd July 2024
50EMA (22443) > 200EMA (19588); hence, we can continue without any change.
Based on ranking:
- KIRLOSENG
- KIRLOSBROS
- IFCI
- JYOTICNC
- SHARDAMOTR
- TVSHLTD
- AZAD
- PURVA
- CHOICEIN
- BASF
- TECHNOE
- WOCKPHARMA
- KESORAMIND
- NETWEB
- WABAG
- ELECTCAST
- SPLPETRO
- ZENTEC
- TIDEWATER
- TIMETECHNO
- SUDARSCHEM
- THOMASCOOK
- NAVA
- ANANTRAJ
- ITDCEM
Based on A → Z for easy tracking:
- ANANTRAJ
- AZAD
- BASF
- CHOICEIN
- ELECTCAST
- IFCI
- ITDCEM
- JYOTICNC
- KESORAMIND
- KIRLOSBROS
- KIRLOSENG
- NAVA
- NETWEB
- PURVA
- SHARDAMOTR
- SPLPETRO
- SUDARSCHEM
- TECHNOE
- THOMASCOOK
- TIDEWATER
- TIMETECHNO
- TVSHLTD
- WABAG
- WOCKPHARMA
- ZENTEC
Exits:
GANESHHOUC, KPIGREEN and VOLTAMP make an exit.
RTNPOWER and SCI stay within the top 30 and hence remain.
Entries:
SPLPETRO, SUDARSCHEM and ZENTEC make an entry.
ITDCEM and NAVA cannot enter as there is no vacancy.
Smallcap momentum portfolio (21-07-2024)
@chetan_naik 100% match.