Shaily come up with another good set of Numbers. Very good quarter Indeed.
Posts tagged Value Pickr
Indo Borax and Chemicals (31-10-2015)
Could you tell when there are environmental concerns for usage of Boron in Soaps & Detergents. The element seems to be needed by organisms, although concentrated amounts in soil are bad for plants, would that be the case?
INDIGO ready for takeoff :airplane: (31-10-2015)
More than a quarter of Inter-Globe Aviation's anchor book that was opened on Monday has been subscribed to by marquee investors participating in an Indian IPO for the first time. What's more, they have invested in the world's biggest, most profitable budget airlines. The first time investors include Neuberger Berman, a long term fund, APG a Dutch pension fund, Harvard Management Company and hedge funds Davis International Fund and Hutchin Hill which are invested through a P-note entity, said two people in the know.
Other names include Acacia Partners LP (Ruane, Cunniff & Goldfarb or RCG which had invested in the MCX IPO in 2012) and Columbia Threadneedle which is back after three years, he added.
Most of these are or have invested in global low fare carriers, the person said: Neuberger in Southwest Airlines, the world's biggest budget airline, JetBlue, EasyJet and Spirit Airlines; APG in EasyJet, Ryanair and Air Arabia, RCG in EasyJet and Davis in JetBlue, Southwest and Spirit.
Columbia Threadneedle manages $471 billion of assets across developed and emerging market equities, fixed income, asset allocation solutions and alternatives. Neuberger Berman in 2014 managed assets worth $251 billion, according to its latest annual report. Harvard Management manages the eponymous Ivy league university's $37 billion endowment as well as its related financial assets, using a hybrid structure integrating internal and external management. RCG runs the flagship Sequoia Fund and manassets worth over $30 billion. The origins of the fund can be traced back to one of the late founder Bill Ruane's friendship with Warren Buffet.
This shows the airline is bringing in new names to invest in India's corporate story. "A new investor is typically more cagey about putting in money than one with experience. These names show investors believe in IndiGo's business model and India's growth story," said Prithvi Haldea, chairman and managing director of Prime Database, a tracker o ..
P. I. Industries Ltd. – A Unique Business Model can make it a Great Play on Agri & CSM Space (31-10-2015)
Highlights of the Concall by Capital Mkt
Net revenues rose 5% to Rs 446.1 crore for Q2FY'16 on a YoY basis while EBITDA increased 17% to Rs 84.8 crore and PAT jumped 19% to Rs 58.2 crore. For H1FY'16 net revenues were up 11% to Rs 1000.9 crore, EBITDA 22% to Rs 220.6 crore and PAT 21% to Rs 145.5 crore.During Q2 FY16, Revenues showed a growth of 5%. Domestic agri registered a growth of 10% and the Custom synthesis exports performance was flat during the quarter. Domestic agri-inputs saw healthy momentum in PI's branded portfolio of products, which continue to give direction to growth. Custom synthesis exports have shown moderation in momentum during the quarter due to deferred off take schedule of customers, whereas full-year trajectory is expected to be maintained.
The company posted 10% yoy growth in its domestic agrochemical business at a time when the industry faces severe challenges due to deficit monsoon. Company attributes this performance to good traction seen in its key branded products such as Nominee Gold, Osheen, Keefun and Biovita. In the coming years, Osheen can become as big as Nominee Gold. As of now the company sees no threat to Nominee Gold from generic products. Company remains on track to launch 1-2 new specialty molecules in the next few years.H1 FY16 Revenues showed 11% improvement on account of 13% gains in domestic agri-inputs and 10% increase in custom synthesis exports.During Q2 FY16, the EBITDA stood at Rs. 84.8 crore with margins showing enhancement of 200 bps to 19.0%. A favourable line-up of branded products and moderating input prices supported margin growth in domestic agri-inputs. The growing share of custom synthesis exports continues to drive margin expansion. H1 FY16 EBITDA has shown gains of 22% at Rs. 220.6 crore. Margins stood better at 22.0% representing an increase of 190 bps.
Net cash from operating activities continued to be strong with a cash generation of Rs. 197 crore for the first half.
The company intends to steadily expand the leadership portfolio of products by introducing 1-2 new products each year; with an insecticide and growth regulator ready for launch this year
Like Q2FY15, this quarter also saw significant number of orders getting deferred to H2 resulting in flat revenue growth in CSM segment. Based on the local demand environment faced in their respective markets, clients have been deferring deliveryof their orders which has led to delay in revenue recognition for the company. However, the company has not seen any cancellation of orders.Management has indicated that in spite of tough global operating environment faced by global agrochem players, the company has seen 20% rise in enquires in H1FY16 itself.
Order book as of 30th September 2015 stood at $610 million. Company expects to commercialize two new molecules this year taking its total product count to 20.
PI Industries has commenced operations at its second facility at Jambusar SEZ in the last week of September 2015. This facility will be catering to custom synthesis export orders and has capacity of 1000 MT at peak production. The construction at third phase at Jambusar is currently underway and should start commercial production by end of Q3FY16. Capex incurred for these two units is Rs 250-300 crore.
The company aims to achieve high single digit growth in its domestic businesseven as industry is like to post flattish growth. The company is confident of posting 18-20% yoy growth in custom synthesis segment. Improved product mix and lower RM costs should led to 100-150 bps yoy margin expansion in FY16
Vinati Organics (31-10-2015)
Good improvement in Balance sheet.
Debt reduced, current investments have improved a lot.
Good jump in Capital WIP also.
Crompton Greaves- Looks like a turnaround story (31-10-2015)
Co was repr by Laurent Demortier, CEO & MD.Highlights of call by Capital Mkt
Consolidated order backlog as end of Sep 2015 was Rs 8428 crore with order intake for the quarter being Rs 2886 crore.
Order intake in Q2FY16
India Non India CG global
Power Systems 714 1636 2350
Industrial 452 84 536
Total 1166 1720 2886
Order Backlog as end of Sep 2015
India Non India CG global
Power Systems 3145 4607 7752
Industrial 553 123 676
Total 3698 4730 8428
Figures in Rs Crore
The company is in the process of monetizing its investment in non strategic business as well as assets. In this regard on Oct 8, 2015, the BoD have approved divestment of its entire 50% stake (investment of 600000 equity shares of RS 10 each) in medium voltage business i.e. CG Lucy Switchgear (CG-Lucy)to W Lucy & Co of UK for a consideration of Euro 5.50 million. Similarly the company with effect from Aug 12, 2015, has terminated the Distribution Franchisee Agreement (DFA) with MSEDCL for Jalgaon Circle Area.
On Oct 16, 2015, the BoD have also approved entering into definitive agreement for the sale of a portion of its land in Kanjurmarg, Mumbai admeasuring approx 53000 sft for an aggregate sum of Rs 496.48 crore.
International power systems (IPS) business continues to be impacted by ongoing divestment process. The buyer has completed due diligence of of all plants and expects definite offer by end of Dec 2015.
Automation orders backlog as end of Sep 2015 was Rs 831 crore with order intake in Q2FY16 being Rs 441 crore. Revenue from Automation in Q2FY16 was Rs 197 crore, which is flat compared to corresponding previous period.
Proceeds from monetization of non core business/assets will be used to reduce debt at international operations.
Lower EBIT for consumer business in Q2FY16 is largely due to the company accounting an amount of Rs 15 crore towards certain cost heads which was hitherto accounted under unallocated under consumer biz.
Exports revenue in Q2FY16 was Rs 329 crore which is higher compared to Rs 317 crore in Q2FY15 and Rs 133 crore in Q1FY16. Exports order backlog is Rs 883 crore.
Kanjurmarg – Out of 34 acres the company initially sold 8 acres and now has sold another 13 acres. Nothing more will be sold in the next 12-18 months.
Two quarters from now the high rating transformer orders will start contributing to topline and that will improve the India power system margins from FY17 onwards.
Vinati Organics (31-10-2015)
Vinati organics reported its quarterly result today.....
Overall, flat quarter on Q-o-Q basis and muted growth I believe.
Disclosure: Invested
Screener.in: The destination for Intelligent Screening & Reporting in India (31-10-2015)
I know but in this case one has to delete and re load the ratios. The click and move method made things easy. I was just hoping.
Thanks
Kumar
Screener.in: The destination for Intelligent Screening & Reporting in India (31-10-2015)
Hello ayush, has the export to excel option gone ?
Also would it be possible to compare companies in screener ?
Economic Value added (31-10-2015)
Hello friends, In try to anslyse stocks , I often come across a metric called EVA( Economic Value added) . I have also seen the same in Pidilite's anural report. Could some provide a writeup on it ? Is that worth exploring ?