There are rumors in the market that Mr. SK Poddar and his son are not on good terms and succession planning of the company is at risk. Investors who are watching this company and have attended AGM can comment whether they have heard or seen any of this issue.
Disc – invested
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This is an old report, but the reason I have put it here is that the company Allegeny Finance was raided by the ED day before in connection with Robert Vadra.
Also, the fact that there are some companies which are clearly related to the promoters but not listed as promoters or acting in concert must be seen as a serious corporate governance issue.
good sets of number from dai ichi…….http://www.bseindia.com/xml-data/corpfiling/AttachLive/ADA33AD7_2D28_451F_9B52_F4B561AD5E38_154300.pdf
Dear Ankit,
Thank you so much for the info. It looks like Apixaban has the potential to effect Alembic results.
By the way, looking at DMF filings was a useful tip. Thanks. You are too good.
Regards,
Rohit
Yes, given the fact that India has highest percentage of transformer failure of 15-20% where as in developed nations its 2%. Most of it is attribute to the low standards steel used. I believe gov. and or customer will wake up to this fact and take preventive action which simply means ordering from quality companies. I believe IMP Powers exports its product which may have good international quality.
I am yet to study the quality of the product of IMP.
Thanks
Amol
Disc: Invested from lower levels.
Hi Dhiraj,
Regarding the market price for end product, one of the reliable source i could find is zauba. It shows 46/kg as rate for imports and i think the duty of 47% is above this price. I am also scratching my head on the input raw material and price.
Same way you can check the lactulose solution price, it comes to roughly 3$/kg and 26% duty.
Another thing am thinking is, can we take a guidance of lower than last 4 quarter’s EBITDA margins like 20% and see if the company still has value at current market price.
AR has hardly any information so it’s been really difficult to get more details on raw material pricing etc.
It will be great if we can find a way to reach management for more queries.
Decent set of numbers…. PAT growth came in higher because of higher contribution from other income. Is this other income related to fx ?
