Results Update !!!

Bharti Airtel

Very good resultsand here is the management commentary.

God Bless !!!

 

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Aimco Pesticides – Update !!!

Recently Aimco has uploaded their first ever investor presentation which is quite comprehensive and is scheduled to have a investor’s call today. Whosoever has any questions can get clarification from the management directly.

God Bless !!!

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Results Update !!!

Wanbury Ltd.

Thankfully as expected the company got the cashfrom the sale AND they have used it to repay their debt – everything was accounted in the last quarter. This means that the thesis is playing out and hopefully in the coming quarters the company will continue on the path of strong recovery.

Aimco Pesticides

As expected average results.

God Bless !!!

 

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Bharti Airtel – A stock in a Strategic Sector

Bharti Airtel needs no introduction and therefore, I do not have to write much, but will give a short thesis.

Bharti Airtel is one of the world’s largest telecom company (w.r.t no. of subscribers) and “was” operating in one of the most cost competitive country for the sector till last year. Fortunately this company has been able to withstand the JIO on-slaught and to its credit, its the only one that has managed to survive without question marks on its survival. So, now this industry has become a 2 or 3 players industry with data being the next significant growth driver. This augurs well for Bharti and in the recent con-call they have clearly mentioned that they expect the ARPU’s to double. This, not only signifies the bottom of ARPUs but also signals a significant growth.

The recent Covid crisis has underlined the strategic importance of the sector along with Pharma and Consumption and therefore, I strongly believe the stock should also get re-rated along the lines of these other two sectors (approx.). Also, Bharti is much more than a plain vanilla telecom company. It also has a lot of embedded value. It has a big tower infrastructure business (Bharti infratel), Digital TV services business (DTH) and a Payments Bank. Further, there’s also a feeling that Bharti may follow the same path as JIO and may build a technology ecosystem around its network which could further cascade its re-rating.

Technically, the stock has broken out of 12 yrs long consolidation on the monthly charts and therefore, is very strong. A sustained move beyond 600 should increase the momentum significantly. Most importantly in the times that we are living in currently, this would provide significant stability to portfolio.

My personal thesis is that the company is getting re-rated on back of growth and was one of the handful of stocks to outperform the carnage and has infact shown growth in earnings. I believe Bharti Airtel has a long runway ahead.

God Bless !!!

Disclaimer: It is safe to assume that I have some vested interests in the stock. Also, the above stock story is my personal view in individual capacity and I am not a SEBI Registered Research Analyst. For rest, please look at the About page.

Posted in Stocks | 6 Comments

Wanbury – My Personal Thoughts !!!

Wanbury’s business was never a question mark, only its debt was and now that the company is addressing the debt problem , I believe its re-rating is due. As I had written in this blog, the company has some wonderful brands and on back of that, I was hopeful that they could solve the debt issue “if” they really wanted to. Now a couple of developments have happened. First they have addressed the debt problem by selling some brands to cipla and have got more than 88 cr for that and second, they have had Edelweiss Asset reconstruction company taken stake in it which basically means that this cash may not vanish – although in all honesty even if Edelweiss wasn’t in picture I wouldn’t have worried as there was no incentive for wanbury promoters to vanish this cash since Wanbury is not a simple manufacturing company but something with brands and if they at all wanted to dump the company they wouldn’t have carried on with this burden for so long.

Another interesting bit that I find is the valuation of the company. Now the company has sold 12% of its revenue generating bit at 88+cr, which roughly means that the promoters, even at distressed valuations think their company is worth more than 720cr and even if I give a discount of 1/3rd, then also at the current market cap its just around 10% of that distressed valuations. This, I personally find very interesting and therefore, I am once again very bullish on wanbury. Please note this is my own personal thoughts and is for academic purpose only.

Can this finally be the moment of wanbury ? Let’s see.

God Bless !!!

Posted in Stocks | 14 Comments

Results Update !!!

DHP India

Very good results for the quarter.

Cupid Ltd.

Good results. Here is the management‘s take on results.

Advance Metering Tech

Bad results but it was expected. Till the tendering of smart meters dont take off, it will stay in hibernation.

Sika Interplant

Significant drop in topline. One needs to see if its one off or not but more importantly the situation now seems to be in favor of defense companies and HAL has also won some big orders recently.

Prima Plastics

Decent results by the company.

Singer India

Average results.

Shri Keshav Cements

Average results, but decreasing debt is encouraging.

Garware Technical Fibers

Good results.

God Bless !!!

 

 

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Results Update !!!

Vidhi Specialty Food

Good resultscontinue by the company. Here is the management take.

V2 Retail

Poor performance.

JHS Svendgaard

Average performance. Here’s the management take.

Ambika Cotton

Decent results.

BSL Ltd.

Bad results.

Rajoo Engg

Bad results.

Freshtrop

Average results.

God Bless !!!

 

 

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Gujarat Themis Biosyn Ltd – 5 times in 4.3 yrs !!!

Congratulations to all the investors of Gujarat Themis for multiplying their investments by more than 5 times.

God Bless !!!

Posted in Stocks | 10 Comments

Results Update !!!

Gujarat Themis

Excellent results once again. The change of business model has done the trick.

God Bless !!!

Posted in Stocks

Results Update !!!

Sahyadri Industries

Decent results.

Cybertech Ltd.

Good results continue from Cybertech. The company is doing well consistently for the past many quarters and have also become more communicative to the shareholders.

God Bless !!!

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