in cellecor management have set 5000cr topline target for FY28, so 10x from now. so what makes you think share price will appreciate by 10x by FY 26 ?
Posts tagged Value Pickr
Sai Silks (Kalamandir) – only listed player in the organized saree market (19-06-2024)
Hello,
In the below tracker, I have started tracking important company goals for Sai Silks.These goals are referred to as ‘monitorables’ in the tracker.I will update this document regularly to reflect the current status of these goals.
Here’s a snapshot of what the tracker includes:
- Company Ticker: For identifying the company
- Monitorable Description: Description of the goal or metric being tracked
- Date of Announcement: When the monitorable was announced
- Deadline: Target date for achieving the monitorable
- Status: Current progress (e.g., Not Fulfilled, Pending)
- Verification Link: A link to see where I got the information about the goal.
I hope this information makes it easier to observe how well companies are progressing towards their stated goals.
Screenshot of the tracker below:
Full tracker attached below:
Tracking Company Monitorables-3.xlsx (123.9 KB)
Wockhardt: an NiCE story (19-06-2024)
Thanks for redirecting me to your post. It answered my queries.
Control Print – Deserves attention? (19-06-2024)
Is there anything fundamentally wrong with the company now? The co is down 25% from its ATH and currently trading below the 200DMA.
Any particular reasons or a good time to add more?
Tinna rubber – recycling a rubbery growth path (19-06-2024)
Tinna does not produce Bitumen. Tinna produces Crumb Rubber Modifier (CRM) which is mixed with Bitumen (around 12 to 15 %) in the top layer to bring added strength to the road and increase its life. The technical properties of this bio-bitumen - whether it needs the same amount of CRM or more or less or not at all are not mentioned. Whether this is a threat or opportunity for Tinna depends on that.
Ishaan’s Longterm Portfolio (19-06-2024)
ZEN TECH
This a new addition to my portfolio. I was fortunate enough to find this stock when it was consolidating for the last 8 months. Now it has given an impressive 30% rally in just 2 weeks, owing to all the Defense contracts news in the market. Valuations are pretty high for this stock. Current PE is at about 80x EPS. This valuation for me is very high but I realized that I am never going to find this stock at cheaper valuations in the future. If I need a big piece of the upcoming rally, I will have to take the bitter pill and have patience with this stock.
BUSINESS SEGEMNTS
This company is mainly into 2 different businesses.
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Annual Maintenance Charges - 21%
This included maintaining the equipment and annual contracts for any repairs, etc. This is a high margin and recurring business for the firm. Though over the past few years, the share of this segment is going down, but I look to it as a positive thing. It means, sale of equipment is higher and we can see this segment grow in value in coming years. This segment is a no brainer and not so exciting as the Equipment Business. -
Counter- Drone Systems
This is the segment that got me excited. It is very clear that future wars will be fought with drones. We can already see the mass deployment of drones in Russia-Ukraine and Iran-Israel Wars. Pakistan and China have also deployed Drones along their Borders with India and hence Anti- Drone Systems will have to be deployed by us on a very large scale. Zentech Counter- Drone Systems can neutralize a UAV in a radius of 4kms. The exact order book or the breakup of exports and imports is a bit difficult to find. This segment is ofc a low margin segment with High RnD costs but revenue visibility and Growth Potential is very high. -
Tank Simulators
Zentech has >90% Market Share in Tank Simulation. This is also a stable and recurring sort of revenue for the firm.
BUSINESS OUTLOOK
The company currently has a 1400CR order book and expect to book 900CR in FY-25.
Geographically, share of Exports and Imports is 50-50. This means, lower income countries can be a market where Zentech can grow their verticals. FY-24 PAT margins are at 25-27% of Sales.
Zentech is a Debt Free company which gives me a bit more relief about the sustainability of the Financials. ROCE is impressive at 46%.
VALUATIONS
In FY-24, the PAT margin was close to 27% of Sales. Considering the same metric, I am estimating 225-240cr PAT for FY-25. At forward PE of 50x FY-25 EPS, the price comes to 1340 per share. The stock is currently trading at 1200 levels.
This does not mean that the stock is undervalued or Overvalued. Market dynamics will affect this stock but any major correction or time correction is a good opportunity to Invest.
Inherent Risks are decrease in Government Spending on Defense Equipment or favouring foreign firms for defense equipment instead of Localization. Another risk is Execution Risk. If the management falls short of delivering the 900cr mark while maintaining margins, we can see a PE rerating on the lower side. Again, this is will be an amazing opportunity to dollar cost average or make a fresh position.
Would appreciate any recommendations and discussions over this. Only condition is, lets make it constructive.
Can an investor raise a complaint for no response? (19-06-2024)
I am also having same issue with the company recently listed named Sona Machinery Limited. I have given this query to company secretary but no response. Don’t know what to do? Can anybody help?
Ms. Supriya Shishodia
Company Secretary
Sona Machinery Limited
F-16 & C-1, Sector A-3, Tronica City, Loni
Ghaziabad, U.P.
India 201102
Subject: Request for Clarification on Conflict of Interest Regarding Mr. Vasu Naren’s Shareholding in CAN Engineering Solutions Pvt Ltd
Dear Ms. Shishodia,
I hope this message finds you well. I am writing to seek clarification regarding a potential conflict of interest involving Mr. Vasu Naren, who serves as the Managing Director and Chairman of Sona Machinery Limited.
It has come to my attention that Mr. Vasu Naren holds a 50% stake in CAN Engineering Solutions Pvt Ltd. I am interested in understanding whether the remaining 50% shares in CAN Engineering Solutions Pvt Ltd are held by Sona Machinery Limited or by another entity.
Could you please provide clarification on the following points:
- The ownership structure of CAN Engineering Solutions Pvt Ltd, specifically regarding the ownership of the remaining 50% shares.
- Any measures taken by Sona Machinery Limited to address or mitigate any potential conflicts of interest arising from Mr. Vasu Naren’s involvement in CAN Engineering Solutions Pvt Ltd.
- Whether CAN Engineering Solutions Pvt Ltd is engaged in a similar business as Sona Machinery Limited, which according to my understanding, may cause a conflict of interest.
I appreciate your prompt attention to this matter. Please feel free to contact me at 9608008051 or rajeshaaidu@gmail.com if further information is required. I look forward to your response.
Thank you for your assistance.
Yours sincerely,
Rajesh Kumar
Mutual Fund Portfolio Review- Suggestions (19-06-2024)
Any specific reason for this? I find it convinient to invest on Coin since I have DMAT account with Zerodha. I can track all my Investments in single window instead of visiting different websites of Fundhouses.
Avanti Feeds (19-06-2024)
IMO at the moment the stock rally seems to be taking place because of the political scenario rather than internal or external factor that affect the co.
To what extent can that push the stock with change in internals? Or are we anticipating the political situation will be a catalyst for the change in the company performance?