Welspun eyes 150% jump in textiles sales at $2.5 bn by 2020
Direct online presence in a developed market like US would definitely boost the margins further.
Posts tagged Value Pickr
Hitesh portfolio (14-10-2015)
@prabhu shankar, Regarding valuations during bubbles, one only has to look back a few years to see what kind of valuations sectoral companies in bubble phase command. e.g software before the dotcom bust or construction and real estate companies before the 2008 crash and so on. And how long it can go on also is a difficult thing to guess. But for most pharma companies esp those exposed to US markets there is a lot of tailwind with currency depreciation, patent expiry and cheap cost of production being advantageous to Indian companies. So the music might continue to keep playing.
@amitayu, I had a look at Marksans earlier but managed to give it a miss. But the overall impression and feel about the company was quite good. But with the run up, valuations need to be considered.
Arvind infrastructure: Godrej Properties in the making? (14-10-2015)
Manish, You are right. As per original plan of the company management wanted to transfer all land holding belonging to Arvind to Arvind Infra. But later they changed plan and now Arvind Infra dont have any land holding. It is currently just project planning and marketing company for Arvind Ltd. However in due course company can be a full fledged real estate player. Besides sub 200 cr market cap for an experienced management like Arvind is risk worth taking. Currently even during downturn no real estate company having development project of 15 million sq ft have market cap of less than 500 cr. As company start showing some progress and bookings and more people come to know about it potential it can touch those valuation in due course.
Disc: Invested from much lower level.
Shilpa Medicare -Racing away on the Oncology API highway! (14-10-2015)
Great discussion. Learned a lot about Shilpa and have a lot more to learn.
V-Mart Retail Ltd (14-10-2015)
V-Mart today announced opening of 4 new stores. Each of them are fashion stores taking the total count to 114 stores in 97 cities.
This marks the entry of V-Mart in West Bengal and Orissa (second store with first announced last week), which are big markets for VMarts growth strategy and expected to lead new store rollouts.
Overall there are 650 districts in India, and company has significant addressable market opportunity.
Disclosure : Invested from sub 275 levels
NCL Industries – Resumption of growth? (14-10-2015)
@ramakanth:
One another correction – For EV calculation, we must use Net debt and not Gross debt. In the above calculation you have used gross debt to compute EV.
NCL’s Net Debt is somewhere around ~ 144cr.
But yes, at CMP new investors do not have the same level of valuation comfort compared to those who had entered at 80-90 levels.
Additional Info – Management envisions this # to go down to 96 cr by the end of this FY.
Thanks,
Ravi S
My Portfolio – Dhina (14-10-2015)
Dhina because you are not looking at the business. Cyient is an Engineering Tech Company and TCS is service based. Recently they apart from giving Engineering Softwares they have started manufacturing electronics on which their softwares would work. I work in an engineering tech company and what my understanding is that, the sector never goes out of business because other businesses need them to run and there is very less competition in the domain (my company’s product just has 2 other competitors and sadly it is not listed so I can’t buy its share)
NCL Industries – Resumption of growth? (14-10-2015)
Rechecked the report. Mistake on my side. Apologies. Will edit the message.
Regards,
Ramakanth
NCL Industries – Resumption of growth? (14-10-2015)
This is not accurate. Please check.
Their Q1 capacity utilization was ~60%. For the whole FY16, NCL expects(in Company MD’s own words) a capacity utilization of 75%.
Thanks,
Ravi S
NCL Industries – Resumption of growth? (14-10-2015)
Hi,
The EBITDA margin vs EV/Tonne graph for three companies shows NCL to be at higher valuation for its EBITDA margin.
The above numbers are from their FY15 AR.
Red – Deccan; Green – NCL; Blue – KCP; Y axis- EBITDA margin %; X Axis – EV/ Tonne (US$/Tonne)