There is a significant increase in trade receivables outstanding for a period greater than one year, which has risen from Rs 6.76 crores to Rs 17.92 crores in FY 24. Data is from AR of 24.
Posts tagged Value Pickr
Shankara Build Pro – Building Materials Organised Retail (19-07-2024)
Trent — A value unlocking story from the house of TATA (19-07-2024)
Your logic seems good. It may be pre budget profit booking by those anticipating changes in LTCG on 23rd July.
Smallcap momentum portfolio (19-07-2024)
thanks for the responses @visuarchie
Deepak Nitrite (18-07-2024)
Deepak Nitrite has planned whopping ₹14000 crores capex by FY27-28, as per Annual Report.
Deepak Nitrite (18-07-2024)
Deepak Nitrite has planned whopping ₹14000 crores capex by FY27-28, as per Annual Report.
NewJaisa Technologies: A D2C Refurbished Electronics Play (18-07-2024)
Excellent thread. One of my major concerns is on their marketing. There is this one insta handle I follow - worldcomputer2. They way they are selling their laptops, like hot cakes. Their mix of products is also richer( macbooks, touchscreen etc) than this company. Ofcourse they aren’t the producers but probably getting their items imported from Dubai? Not sure but look at how they market.
People from long distances come to Mumbai to buy their laptop. If they can Up their game in retail marketing, I am sure they will beat any competition in India.
They also need to source laptops from international markets which probably will give better margins.
Bulk Deals Bi-Weekly Log (18-07-2024)
Hey, @ripzc09
So basically quant firms tend to work in a way where they buy a large quantity of stock for a small price movement. If you observe this pattern carefully, you’ll recognize that they mostly tend to buy and sell large breakouts.
NewJaisa Technologies: A D2C Refurbished Electronics Play (18-07-2024)
Many companies like HP and ASUS have started selling refurbished products. Big players entering the refurbished market
Companies like Newjaisa can lose their market ?
Wockhardt: an NiCE story (18-07-2024)
Great to read about the valuation and numbers.
Despite the novelty of WCK 5222, I have a different opinion regarding the revenue potential. I believe the majority revenue will come from WCK 4873 (Nafithromycin, trademarked as MIQNAF). I did some number crunching myself and in my opinion, Miqnaf will bring in $1.2b per year as compared to $0.5b of Zaynich, at least initially. Beyond the first few years, as @phreakv6 mentioned, WCK 5222 will open up new opportunities, which may tilt the balance in favor of the later. Both are conservative estimates.
Disclosure: Invested.
Gulf Oil Lubricants – A low risk way to play the economic cycle? (18-07-2024)
“A Guesstimate around Gulf Oil’s Data Centre Cooling Fluid Business”
Emkay Global reiterates a buy on Gulf Oil and revises target price from 1350 to 1500/ share cites an addition of a new product - data centre cooling fluids, says the availability of technical know-how and eventual portfolio addition improves their terminal period outlook.
What makes this upgrade interesting is that it comes days after Mr Ravi S Chawla, the MD of Gulf Oil clarified that at 1.7 GW of DC capacity, DC cooling liquid market in India to stand at 12-14mn-ltr by CY26 E at 100% penetration is a very small proportion of the overall industry volume of 2.9 million tonnes. The proportion of volume of DC cooling fluids of the overall industry volume is really low about 0.001% of the industry volume.
Let’s perform a guesstimate around the terminal period. Let the terminal period be CY 2030 E. (Units - in litres and assumptions are made regarding volumes)
The current volumes in CY 25 end
DC Cooling fluids - 100 L @100%
penetration and proportionate lubricant market size - 100000 L
The volume estimate for CY 30 end
DC Cooling fluids grows 20% annually to 248 L
Overall lubricant market grows at 4% annually to 121665 L
The proportionate share - DC Cooling Fluids would have in Gulf’s Business by CY30 end
Gulf’s current market share in lubricants industry is 6% (varies across segments but let’s take this aggregate for convenience), shows how fragmented the market is - Gulf being second largest player.
Let’s also assume Gulf Oil gains 1.5% market share, which is a pretty hard task as lubricants are a sticky proposition
With that market share the overall lubricant volume of Gulf Oil shall be - 9124 L
Gulf’s DC cooling fluid volumes - 85L with below mentioned assumptions
Let’s assume Gulf holds 40% share in this segment - since this is a niche segment we expect other respected peers like Castrol, Savita Oil Tech and others seize the opportunity to grab some market share.
Let’s also assume that the penetration of DC fluid remains 85% - not everyone switches to them some still use air conditioners.
Conclusion - "The proportion of DC cooling fluids volumes of overall business volume by CY30 end would be only 0.93%, let’s assume it to be in the range of 1-2%, which doesn’t seem to improve my terminal period outlook. "