What is the Sharpe ratio range you are normally ok with?
Posts tagged Value Pickr
Zomato – Should you order? (05-06-2024)
Not really.
FY26 consol PAT is likely to be around 3400 crs - 2400 crs (food delivery) + 1000 crs (blinkit)
On that basis, the stock is what 50x FY26? not expensive for a duopoly business in a high growth industry
Hell Dmart trades at 100x despite 12% growth… same with all fmcg cos
IRB INVIT TRUST- new game in the town! (05-06-2024)
There’s also the case of Deferred Premiums to NHAI which is putting downward pressure on share price.
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IRB Tumkur Chitradurga Tollway (IRBTC) was supposed to pay a fixed annual premium to the National Highways Authority of India (NHAI) with an increase every year.
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Due to lower toll collections in the initial years, NHAI allowed IRBTC to defer the premium payment from FY 2014-15 to FY 2024-25.
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Repayment of deferred premium:
- The deferred amount will be treated as a loan and needs to be repaid with interest at 2% above the RBI bank rate.
- Currently, the outstanding deferred premium with interest is around ₹538 crore (or a little more).
- IRB InvIT will repay the dues when they have enough surplus cash.
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Impact:
- Deferring the premium helped IRB InvIT improve its cash flow in the initial years and distribute higher payouts to unitholders.
- However, this is a liability that needs to be settled eventually, and it can put a strain on future cash flows.
Data Patterns (India) Limited (05-06-2024)
Heavy selling in counter for some days. Any news been in lately? Didn’t find anything on google
Roto Pumps – Fluid Engineering Company (05-06-2024)
As per recent announcement, Company has commenced commercial production of Downhole Pumps at Greater Noida. The same will be available for both domestic and international market (mainly for Middle East in view of primary usage of downhole pumps in oil and gas segment).
ROTO Pumps, commercial production of downhole pumps.pdf (236.9 KB)
Financials Performance of FY 2023-24
The company recorded a top- and bottom-line growth of 22% and 18%, respectively, which is somewhat less than the average of the preceding three years’ performance.
As per AFS of 2022-23, the company’s domestic sales were Rs 65.02cr (29%), while its export sales were Rs 160.75cr (71%) of total sales. The company recorded a modest 9% growth in export sales (i.e. Rs 177cr approx.) this year, and a more than 50% gain in domestic sales (Rs 97cr approx.) As a result, total growth has slightly decreased and due to slight decrease in sales of spare parts the margins were relatively lower.
Guidance:
The company is expecting growth of over 25% in the export sales in view of new products and plant launched recently. On domestic front company, a growth of 25% and a revenue of Rs 20-25cr from the sale of solar pumps expected. The company is expecting to generate a topline of Rs 100cr from solar pump division in a span of next 3 years.
GMM Pfaudler: A safe way to play the Pharma/Chemical cycle (05-06-2024)
Reason being rich starting valuations (Marcellus owned stocks trade at premium)
Smallcap momentum portfolio (05-06-2024)
I am not doing anything. My suggestion is to wait and see.
B’s Notes : company analysis, portfolio roundup (05-06-2024)
My 2 cents on long term prospects of liquor industry:
- Heavily political. There is no national policy and is heavily reliant on local government. Hence one brand can’t be a national brand for long term unless it has something unique.
- There are some niche brands like one manufactured by Rampur Distilleries but they are not mass product.
- They have to compete for Raw material.
- Pricing not in their hands.
Neuland Laboratories Limited – Transformation towards niche APIs? (05-06-2024)
Company’s management will be participating in the following group
analyst/ investor meetings:
Date Name Location
7-June-2024 Ambit Titans of Tomorrow Conference Mumbai
11-June-2024 Goldman Sachs Investor Day Hyderabad