No m not, but i can travel to amritsar if required, i am from delhi
Posts tagged Value Pickr
How to register with SEBI as a Research Analyst? (30-05-2024)
Hi there
Yes SEBI has the right to reject your application if they deem you are not committed to RA activities. I was quizzed on this for multiple months as I was working a job and was overseas during time of application.
Regards
Deepak
Sunteck Realty – Quality Real Estate Company (30-05-2024)
Sunteck Q4 and fy 24 result highlights
Supriya Lifescience Ltd – pure play API (30-05-2024)
Majority of their sales are anti histamines and anti allergics. Q2 and Q4 are generally strong quarters for this and Q1 and Q3 are weaker. So better to compare yoy than qoq sequentially
Narayana Hrudayalaya Ltd (30-05-2024)
Naman, cant see the charts. Can you post them again please?
MTAR Technologies – A wager on innovation meeting economies of scale (30-05-2024)
Financial Details:
- Revenue: MTAR Technologies reported a revenue of ₹588 crore in FY2023-24, compared to ₹573.8 crore in the previous fiscal year.
- EBIT: The EBIT for FY2023-24 stood at ₹102.7 crore, down from ₹150 crore in FY2022-23.
- Profit Before Tax: The company recorded a profit before tax of ₹73 crore, compared to ₹114.2 crore in the previous fiscal year.
- Profit After Tax: Profit after tax was ₹56.1 crore, a decrease from ₹103.4 crore in FY2022-23.
- Net Operating Cash Flows: Improved to ₹57.4 crore in FY2023-24, up from ₹7.4 crore in the previous fiscal year.
- Debt Levels: Fund-based debt stands at ₹190 crore, with working capital debt at ₹93.9 crore and a net debt of ₹54.7 crore.
Operational Details:
- Customer Transition Impact: The decline in earnings was attributed to a transition by key customer Bloom Energy, which impacted procurement volumes.
- Cost Management: MTAR is focusing on proactive cost management strategies to improve AB margins and investments in R&D projects.
- Order Book: Closed the year with an order book of ₹950 crore and expects to reach ₹1500 crore by March FY2024-25.
- Raw Material Management: Improved management of raw materials with a reduction in raw material days to 118 days from 154 days in the previous year.
Sector Details:
- Clean Energy: Encountered a temporary reduction in procurement volumes from Bloom Energy due to a business model transformation.
- Defense and Nuclear: Significant projects in defense and nuclear sectors, with an emphasis on sustainable and long-term growth.
- Aerospace: Developing new products and securing agreements in the aviation sector, expecting substantial orders in the near future.
Business Details:
- Revenue Guidance: MTAR expects a revenue increase of 30-35% in FY2024-25, with 40% of revenue in the first half and 60% in the second half.
- ABIT Margins: Targeting ABIT margins of around 22%, with a long-term goal to improve margins to 24%+.
- Long-Term Agreements: Secured agreements in the aviation sector worth ₹90-120 million over the next 15 years.
Customer Details:
- Key Customers: Bloom Energy, multiple multinational corporations (MNCs) in various sectors, including aviation.
- Diversification: Aiming to reduce dependency on any single customer, with Bloom Energy expected to contribute around 35-40% of revenue by FY2026.
- New Partnerships: Collaborating with new MNCs and exploring opportunities in the oilfield sector under new leadership.
Product Details:
- First Articles Development: Investing in R&D to develop first articles and products for MNCs, aiming for future revenue streams.
- Aviation Sector Products: Agreements signed for aviation sector projects, expecting significant business opportunities.
- Electrolyzer Products: Working on delivering 34 electrolyzers, with potential orders in the second half of the year.
- Defense Products: Developing various defense products, with a focus on long-term growth in the defense sector.
Summary:
MTAR Technologies Ltd faced a challenging Q4 FY2023-24 due to a transition by key customer Bloom Energy. Despite this, the company remains optimistic about future growth, expecting a significant increase in revenue and margins in the coming years. The company is focusing on diversifying its customer base, developing new products, and securing long-term agreements in sectors like aviation, defense, and nuclear. Financial metrics showed a decline, but operational improvements and strategic investments are positioning MTAR for long-term success.
SKM Egg Products – thinking out of the shell (30-05-2024)
- The stock is trading very close to the bottom in terms of historical PE
- In last 5 years, instances of EPS decreasing but the stock did not fall in proportion due to PE correction
- In my opinion this gives a margin of safety from any EPS fall
- Now the question how much is potential upside
Disc: Studying, close to taking a position
Buy Unlisted Shares (30-05-2024)
?any medium to get hands on matrix
Marksans Pharma- Can it be the next Pharma Biggie? (30-05-2024)
I don’t understand what justifies 15% intraday crash after looking at the results.
OK I understand people were expecting 600cr revenue and 100cr pat but still looking YOY results are good. management has achieved what they told-2000cr revenue. and those who are following this company know in next 2 years we can touch 3500 cr revenue mark.
all comes down to the main question- is it all operators play ?
P.S. holding since 2020
The Anti-Portfolio (30-05-2024)
Two questions.
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The thought process behind selecting so called tier-2 financials than tier-1 financials
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Which of these at current pricing seem reaonable.