Excellent numbers.
But see the effects of equity dilution:-
PAT Growth 90%
Earnings Growth 47%
Still can’t argue with the growth numbers though 
Happily invested
Posts tagged Value Pickr
Canfin homes ltd (20-10-2015)
GRUH Finance – mini HDFC (20-10-2015)
Hi Raj,
Trying to understand your psyche for exiting Gruh. A simple reason would be that all your other holdings are growing faster than 20-25% or they are significantly mis-priced/undervalued (based on your calculations) and ripe for a re-rating.
If not, I’d imagine it’d be better off to sell 1-3 other holdings to get the quantum of money required or you wouldn’t exit unless you doubt the future potential of Gruh’s business growth/opportunity?
I’m hoping it’s the former.
Somi Coveyor Belts (20-10-2015)
A forward! Any views folks?
Somi Conveyor Belts is a BSE Listed 70 Crore Market Cap company. FY15 Topline 75 Cr., OPM 16.5% and Net Profit at 4.5 Cr., currently available at less than 10 times forward, Somi has a decent balance sheet considering the size and nature of businesss.
Recent foray into high margin Steel Cord Conveyor belts is expected to take company into a whole new orbit. With a capex of Rs 35 Cr., it is expected to bring a topline of Rs 350 Cr. with 20-22% Operating Margin, which implies an extremely short payback period.
Current order book already stands at 140 Cr., which includes marqee names like Adani, L&T and some of the most respected MNCs in mining and power sector.
This order book is to be executed over next 6-12 months.
Current #2 in the country, Somi aims to be largest player in the world led by its superior technology and execution capabilities.
There is a huge sectoral tailwind; like aggressive plans of doubling coal output by 2020. The industry itself is expected go up multi-fold over next 4-5 years and Somi seems to be the best way to play this whole mining theme.
The stock has attracted ace stock pickers like Mr. Girish Gulati of Avanti Fame
Screener.in: The destination for Intelligent Screening & Reporting in India (20-10-2015)
It will be re-introduced in sometime
Canfin homes ltd (20-10-2015)
Excellent results by Can Fin Homes with net profit up 90% in Q2FY16 with company getting benefits of operating leverage (other expenses up only 12%), and reduced interest expense (finance cost up 22%, compared to interest income up 33%). CanFin continues to be fastest growing HFC, with strategy of low cost expansion through satellite offices bearing great results..
The current book value is ~315 per share, and FY16 should be close to 350 – 360 per share..so the stock is now trading at ~3x FY16…FY16 EPS could be ~55-60, so now trading at ~18xFY16 PE multiple…
GRUH Finance – mini HDFC (20-10-2015)
Appreciate this !! People generally declare there entry but they don’t disclose there exits. 
Kitex Garments Limited (20-10-2015)
Q2 topline is indeed lower but lets see how Q3 and Q4 pan out because they have maximum sales in that period and also Mr Jacob said that they are book for whole year and eyes sales of 600 – 650 crores.
Moreover lets see how lameze brand and it’s own brand ‘Little star ‘ picks up.
Kitex Garments Limited (20-10-2015)
Botton line alone is not enough in my opinion. Top line growth has been very low and it appears unlikely that they can report 600Cr of profit this financial year looking at this trend. If it is so, then the valuation is pretty high
Varun 2020 portfolio – 2 strategies (20-10-2015)
lucky you, the above stocks all turned into multi baggers. Well you will make a living I guess out of the fortunes you made this bull run. 2014 was yours