Sika Interplant
This defense companies continues to significantly improve its performance. The growth on the topline continues but importantly the margins have soared, combined with the strong balance sheet this is probably one of the best private defense companies. Wonderful results.
Prima Plastics
Average results.
Singer India
Decent results backed by a strong balance sheet.
Shri Keshav Cements
Improving operation performance with their interest payment reducing is a positive. The results are not as bad as they look IMHO.
God Bless !!!
Ace your views on AMTL results?
will update on rest of the results soon.
Is MRO an annuity kind of a business or more of an order based like the traditional defence business of Sika?
depends on order….. if its a service contract then could be annuity.
Hello Ace sir 🙂 what about AMTL’s result?? I think next quarter should be crucial one!!!
will post update on rest of the results soon.
Was there any news from the AGM? further any timeline when Sika will get all required licenses for civil aviation maintenance (MRO)?
Please do share a little bit of scuttlebut info with us from time to time as well. I was not able to attend the AGM this year due to personal reasons.
only govt can tell when that can happen sir…. i just told you what management said in agm (and this too i didnt personally attend)
When will Sika get its EASA license to start catering to civil airlines through its JV?
This could be a game changer for the company as all European Airlines look for this certification… and once it is obtained Aerotek can use this facility as itll be much cheaper to service its clients through India right?
yes, sika should be very big beneficiary of this…further on friday there was also news of GST being cut to 5% ….now that is exciting…..
Hi Ace, can you provide your inputs on Fresh trop results
yes, putting an update for that