Hi @Dhinakaran,

Actually it won't be fair to judge the efficiency of 2 companies based on the margins alone.
Some kind of businesses are more likely to have better margins while other's don't and there are multiple factor's influencing this. One of the factors is, if the business is customer facing (B2C) or business facing (B2B) But even in this factor there are all kinds of case like below...

1. B2B business - low margin. Maybe because they don't offer anything unique and their product/services are easily replaceable. So the basis of the business is their ability to conduct their operation efficiently and not add too much cost for the value they create in the value chain. Example Motherson Sumi ,Agri commodities company?

2. B2B - high margins - Probably because they create something which is not easy to replace - ex - Shilpa Medicare, AIA ?

3. B2C - low margin - Example: Road side restaurants ?

4. Finally B2C - high margins - because they create something which user doesn't want to replace with anything else ? Example : Amara Raja (is a mix of B2C & B2B), Eicher etc, Apple ...

Among other things industry structure and competition also decides the margins to a large extent.
I humbly suggest, you read more about Michael porter's work to understand these dynamics better.
Hope I was of help.

Regards
Raja

@Apandey My assumption is that volume growth has come about as mentioned above if we see Half year comparison. Also, I read in blogs that some one off events in both AP/Orissa like back to back "adhika ashadam" has played a role in lower sales growth. I cannot corroborate but I buy the logic as I myself has experienced this lean marriage season during casual family talks.

Basically, this is an undiscovered story with no institutional interest. With name "Virat Crane" no one expects it to sell an FMCG product with an excellent brand name 'Durga' and sticky consumers towards this eatery. On top of this, improving financial metrics and possible sales growth (due to volume growth) due to new plant in Orissa and Karnataka foray. As this is a micro cap, quarterly growth would be lumpy and we need to give time for sales growth thesis to play out. Again, I hold the stock so take my opinions in this context.

Great Set of Numbers from Control Print:
Net profit of Control Print rose 40.46% to Rs 7.29 crore in current quarter as against Rs 5.19 crore during the previous quarter. Sales up 28.30% to Rs 36.63 crore in this quarter as against Rs 28.55 crore during previous quarter.
Though Finance cost is double compared to last year (still 72 lacs). Have they increased debt?

Disc: Invested from lower levels.

Much interesting. This company has a mixed portfolio of hindi and english newspapers...where they are leaders in hindi newspaper - "dainikjagran" - almost around 16 million people read this newspaper.

Now looking at the disruption of this industry - it will not occur in next 25 years - since today if you tell me to go for newspaper online - even I would not like to. I need those 10 page leaflet.
Now think about that part of India who reads Hindi newspapers - how much time they will take to shift to online. - I might be wrong over this. Suggestions please on this point.

Does not these companies earn from their online portals - revenues from advertisements and google advertisements, etc. Views on this please.

This company seems better to me than HT media. OPM and NPM consistently rising vis a vis HT media.