Promoting Abhay Bhutada to group level is not a promotion but a way to shunt him out. And that’s clear from the way he sold a big quantity. He of course said in the latest concall that he was never interested in managing day to day operations since he is a serial entrepreneur. He would focus in his next start up, whatever that be.
Posts tagged Value Pickr
Poonawalla Fincorp formerly Magma Fincorp (10-06-2024)
Nothing wrong came out regarding the company. So I don t think there is much to worry here. A person can express his desire to move out of operations and that s what the erstwhile MD did. It should recover unless he got more shares to get rid of. He might require funds for his next venture which he thinks would be more profitable than sticking to poonawalla. From investors perspective what matters is to see if there are better and equally reliable alternatives. If not, better to stick, else take a calculated risk and move. The fall has been more than anyone anticipated perhaps, but all is not lost either. I didn t see any red flag yet.
SBI Cards & Payment Services Limited (10-06-2024)
No cost EMI and Credit Card dues are different things.
EMI - You buy a product worth 20000 on EMI for 4 months, then they charge you an interest like it is a personal loan.
CC Dues - This is when you fail to make a payment on your credit card bill. Only then they charge the higher Interest rate.
Manappuram Finance (10-06-2024)
Gold loan NBFCs shine, Muthoot more than Manappuram Gold loan NBFCs shine, Muthoot more than Manappuram | Stock Market News
Sectors with tailwinds (10-06-2024)
Hi Midhunjoe. Could you pls send the link of tijori finance blog that you’re talking about? Thanks
52 week highs and all time highs strategy (10-06-2024)
@hitesh2710
Sir, one apprehension, if you could help…there is nearby resistances at 1200 level and little bit faar away even 1420 resistance is there. So is it more prudent to wait till it crosses 1420 and comes in blue sky zone? Or …
SBI Cards & Payment Services Limited (10-06-2024)
And that interest rate is paid by merchant right.
Focus Lighting & Fixtures Limited (SME) (10-06-2024)
*Focus Lighting - **
Q4 and FY 24 concall highlights -
Q4 outcomes -
Sales - 60 vs 41 cr
EBITDA - 14 vs 8 cr ( margins @ 23 vs 20 pc - very healthy margins for a manufacturing company )
PAT - 11 vs 6 cr
FY 24 outcomes -
Sales - 224 vs 168 cr
EBITDA - 46 vs 33 cr ( margins @ 21 vs 20 pc )
PAT - 39 vs 23 cr
Breakdown of Q4 revenues -
Retail Lighting ( high end / specialised lighting solutions for brick and mortar retail outlets ) - 31 vs 32 cr
Home lighting ( company is into high end home lighting unlike most other players like - Havells, CG Consumer, Surya etc ) - 26 vs 8 cr
Infra Lighting ( basically - projects / orders based business ) - 2 vs 10 cr
Railways - 0.1 vs 0.4 cr
Company’s retail lighting is primarily sold under PLUS - brand name
Company’s MD gave out a presentation on the kind of cutting edge / unique lighting solutions that the company has developed / is developing. Its a must watch for anyone trying to understand the moats that the company is building
Company’s retail clients include - Mercedes, Volvo, Porsche, Citroen, BMW, Tata Retail, Reliance Retail, Ikea, Lenskart etc
Some marquee projects where company has done the lighting work include - Central Vista - Parliament, Surat Fort, Guwahati Airport, ITC - Shanghai, Mumbai Airport etc
Reliance is the biggest retailer in India. Company expects Reliance retail to be back to aggressive expansion mode wef Q3 this year. That’s when they see a lot of domestic retail business to come to them
Retail segment in ME markets is doing well
Overall, guiding for > 15 pc growth in retail segment for FY 25
Expect to see high growth coming from Home and Infra segments for FY 25
All verticals combined, company is guiding for 30 pc kind of topline growth with margins at current levels
Avg ticket size per retail store ( except very large format stores like IKEA ) @ Rs 20 lakh to Rs 1 cr. For Infra, its Rs 5 to Rs 40 cr depending on project to project. For Homes, its between Rs 5 lakh - Rs 3 cr per house
Company is going to enter the trade segment in 6-8 months. Initially, the company will get into contract manufacturing for the bigger brands. But the company will only make the differentiated products. In medium term, company also intends to develop its own brand
Disc : holding, biased, not SEBI registered