I agree with u Varun. I am hoping for better performance from KVB.....it has been testing my patience. About percentage of banks.....u r right....im on my to reducing them....not by selling them but by buying others. Hindustan Media Ventures is another one i m studying closely

@hitesh2710 - no one can put in words the story of a stock or the gist of a long term conviction BETTER than you.

SUPERBLY composed message. Take a bow.

PI Inds provides a lot of information in its concalls and there's even an interview of Mr Mayank Singhal post q1 results at foll link. http://www.moneycontrol.com/news/results-boardroom/targetingtopline-growth18-20fy16-pi-industries_1391177.html

Now coming to the business itself, CSM business order book is close to 600 million USD which translates to around 4000 crores. In FY 15, more than 50% revenues came from CSM and management aims to take this as high as possible.

Some details I could make out from concall is that management aims to have blended growth of 18-20% in topline and over a period of time improve margins. Two plants are going to be commissioned in fy 16 at Jambusar SEZ one in end sep and other in end dec. Both of them should help propel the growth trajectory of CSM business. If one looks at past track record of CSM business over past few years, its on a roll.

On agrochem side, company aims to keep launching new products at regular intervals. Their flagship brands like Osheen, Biovita, and some others are doing quite well.

For those interested concall provides a lot of details to get a better idea about company's prospects. I dont think the AGM updates would be much different from those provided in q1 concalls. But prior to any major event like the US FED meet, many a times some fund managers or HNI investors do plan to go light into the event in the anticipation of any volatility and selling pressure. that could be a cause of yesterday's selling. But as mentioned in the previous post, much of supply was absorbed above 600 kind of levels.

I think companies like PI Inds need to be viewed as a multi year story rather than bothering too much about day to day movements and news flows. A few days back the company's market cap was higher by almost 10-15% as compared to now. That doesnt alter the company's fundamentals.

If I am invested the question I ask myself is DO I WANT TO SELL MY HOLDING NOW? Now if its a multi year story for me I am not going to sell out now. Temporary price movements should be taken in one's stride and are only notional profit/loss.

Those who want to buy or add more would find such opportunities as a god sent gift.

Those sitting on the sidelines would keep debating ad nauseum.

disc: Invested.

Hey Shivansh,

First of all thank you very much for your inputs. It is great to learn number game from veterans.

The figure is 89 Cr and what I could understand from your input is that there is 15 Cr of free cash for this year sitting at the Balance Sheet of the Company.

Further Net cash flow from / (used in) operating activities are 105.60 Cr while Net cash flow from / (used in) investing activities are (63.15 Cr) which shows FCF 42.15 Cr for FY 2014-15.

Hey Jitu,

Thanks a lot for sharing small yet powerful link to check authenticity.

Can you also please share more insights on operator driven stock to help me analyse stocks in a better manner?

Thanks!!!