Someone monitoring ? In latest result cash equivalent Rs 120 cr against Mcap of 531 cr at price of Rs 166 and property investment of Rs 77.62 CR which is now giving rental income and zero debt . Last year EPS is 12.15 and P/E is 13.6 . As chemical sector is bottoming out argus well for this cash rich company.
Further inventory is reduced to Rs 22 CR from 58 CR last year.
Am I missing something ?
Posts tagged Value Pickr
Indo Borax and Chemicals (13-06-2024)
Rain Industries – An oversold de-leveraging play (13-06-2024)
So in a quarter we may see 19 rs of eps for Fy25?
Man Industries (India) Limited (13-06-2024)
I started reading this company’s annual report for the fiscal year 2023 (FY24 is unavailable). I came across a related party transaction where they have given 70 crores (Rs. 700 million) to Marina Shelter (page 134). Let me know how big of a concern this is. The auditor has objected to this transaction and given a ‘Qualified’ status for the same reason.
DCX Systems Ltd (13-06-2024)
DCX NEW ORDER.pdf (215.1 KB)
Angel One: Metamorphosis into a Fintech? (Previously Angel Broking) (13-06-2024)
Being sarcastic here. Why don’t we see the same comments for ciggerate companies?
Anyways…
Disclaimer: Not invested
Focus Lighting & Fixtures Limited (SME) (13-06-2024)
I agree with ur concerns wrt the poor quality Website that the company has
However, let me share some insights from the Lighting Industry experience that I have ( my brother is a distributor of CG Consumer Lighting in Mohali. Plus he is also into retail of Philips Decorative lighting )
LED Lighting Industry is basically divided into 3 segments -
Luxury
Premium
Mass
Luxury sales only happen through the Architect channel. The cost per luminaire can vary between 5k - 5 lakh - depending on size and design. Per house bill for lighting comes to between 5 lakh - 1 cr … depending on the size of the house / client’s pocket. Even a rich client will never buy such products unless convinced by an architect. These architects do recommend foreign brands. But - here I am talking about very high profile Clients and Architects. Virtually no popular brand available in India caters to this segment.( Philips did it aggressively for some time but now has shifted to the premium segment as this is not a high volume segment ). So - if a company has made a name for itself in local markets of a few cities with a few architects … it’s completely believable. Architects also know, virtually no one in India is making these products. No big brand - for sure. Its an extremely niche but high margin segment
Premium and Mass segments - This is where all brands like - Philips, Havells, CG Lighting, Wipro Lighting etc operate. Here too, volumes in premium segment are limited. Mass segment is where the real volumes are
My two cents
PDS Limited – A platform for entrepreneurs (13-06-2024)
@dm88 Can you make detailed summary of your learnings and insights you have got at Investor day presentation.
Also, i am aware, that SAAS part of business earns in commission rather than the GMV itself, what i wanted to get a sense is that, how much of that 5 Billion dollar GMV, translates to revenue, Let’s say SAAS GMV CONTRIBUTED 1% of the total revenue, in the next 5 years, what could be that number.
As per second, point if we take 5% PAT margin as target in next five years means, if they add .5 percent every year, then i guess the PAT margin gets stagnated after 2-3 years right ?
Since they are platform business, i was presuming that the margins will improve, even though not at the pace it used to, still 2002-250bps makes huges difference in bottom line given their huge volume in nature of revenue.
(Although I am happy if they just maintain the margin, if not expanding after 5% on a steady basis, bcoz market likes the stable margin business - like a consistent compounder)
Usha Martin – Coming out of the Chaos (13-06-2024)
From which website do we get this info, fundwise, monthwise