Can Jio Financial Services Disrupt the Finance Industry
Financial Statements of Jio Financial Services- Besides the Rs 152cr in Fees and Commission income, none of the primary business verticals has contributed to the top-line. Breaking down the Income statement Interest Income -The Rs 938 crore is from the interest earned on Fixed Deposits. Dividend Income- Amounting to Rs. 217 crores on 6% stake […]
GREAT EASTERN SHIPPING COMPANY STOCK ANALYSIS
The Great Eastern Shipping Company Limited (GESCO) is one of India’s leading private sector shipping companies. Founded in 1948 by Sheth family members in Mumbai, it has grown to become one of the largest private sector shipping companies in India. GESCO operates a fleet of bulk carriers, tankers, gas carriers, and offshore vessels. CMP- 1002 […]
Manufacturing Funds – Here’s our favourite one
Thematic mutual funds receives the highest inflows of Rs 46,000 crore in FY24. The most popular theme that has caught the attention of fund managers and retail investors is Manufacturing funds. Manufacturing in India has been a major focus for this governement. Now that the election results are out, we can expect stable policies to […]
Prestige Estates Projects: Stock Analysis
Prestige Estates Projects is the flagship company of the Prestige Group. The Prestige group has over 37 years of experience in real estate development and is one of the leading real estate developers in South India. Prestige Estates Projects has completed 291 real estate projects, with a developable area of close to 176 mn sft as […]
Saregama: Stock Analysis
SAREGAMA VALUATION BASE CASE SCENARIO BEST CASE SCENARIO Saregama, a part of the RP-Sanjiv Goenka Group, a large conglomerate, is one of the oldest music label companies from India, among the likes of T-Series, Tips, Balaji Telefilms, etc with large intellectual property portfolio of 150K+ songs, 70+ films and web series, 6K+ hours of television […]
SHOULD YOU INVEST IN NYKAA?
NYKAA TOP-DOWN ANALYSIS India is projected to become a ₹2,474 billion beauty and personal care opportunity by 2027 from ₹1506 billion in FY22 TOTAL ADDRESSABLE MARKET IN BPC FOR NYKAA The online BPC market is expected to grow at 29% CAGR over the next 5 years to ₹799 billion in 2027 from ₹227 billion in […]
Aster DM Healthcare- Stock Analysis
INVESTMENT THESIS Revised and from date of Original Publication: 16 July 2023 for news on Special Dividend ASTER DM has a unique business model with a presence in India’s growing healthcare industry and an established business with strong returns. Aster DM Healthcare has shifted its focus purely to India in the future, and we remain […]
The Next Big Thing for Indian Pharma Stocks – Fat Loss Pills
Until about a decade back, FMCG and pharma stocks were considered the most lucrative investment options. Over the past 10 years however, pharma stocks have underperformed the broader markets. The sector as a whole has genereated a lot of interest in recent times. This is partly on account of its performance over the past 12 […]
Mold-Tek Packaging- Proxy play for FMCG and Pharma
VALUATIONS We maintain a positive view on Mold-Tek Packaging. Our Call – Buy We expect a 36% upside due to the company’s earnings being at an inflection point. Mold-Tek Packaging is expected to show superior volume growth and margin improvement, supported by capacity expansion and an improved revenue mix. We anticipate a robust PAT CAGR […]
Genus Power Infrastructure- Stock Analysis
Valuations- The company has guided for 1200 cr revenue and 16-17% margins in FY 24, at current valuations available at 4.73X Book and 36X EBDITA for FY 23. If the management fulfills its guidance, they are expected to generate around 192Cr EBITDA. Based on the company’s consistent track record of generating returns with a median […]