TITAN- STOCK ANALYSIS
INVESTMENT RATIONALE Titan Company is on track to achieve the jewelry revenue guidance of 2.5x FY22 revenue by FY27, implying an impressive CAGR of 20%. Despite Titan’s current high trading multiple of 102, there is optimism based on the potential increase in market share from the current 7% to an anticipated 10% in the jewelry […]
Stock Analysis – Gulf Oil Lubricants
Gulf Oil Lubricants India CMP- 735 (12-01-24) Gulf Oil Lubricants is the fastest-growing lubricant major in India. It is India’s 2nd-largest lubricant company after Castrol Gulf Oil achieved 10-12% CAGR volume growth in the last decade, significantly outperforming the lubricants Industry growth rate. ~25% CAGR PBT growth in the last decade The Company has gained […]
VASCON ENGINEERS Stock Analysis
Established in 1986, Vascon Engineers Ltd is a Construction Engineering Company in India, with presence in real estate business having an asset-light model and Clean Room Partition manufacturing business. CMP = Rs. 74 Disclaimer: Invested The company operates in 3 segments: 1) Engineering, Procurement, and Construction(EPC)– Construction of Residential, Commercial, Industrial, and other projects. 65.4% […]
Manorama Industries Stock Analysis
UPDATE: STOCK SPLIT 1:5 – 8 Marh 2024 If you have eaten a Ferrero Rocher chocolate or used the Mango Body Butter from The Body Shop, chances are you have consumed butter made at a factory in Raipur, Chhattisgarh, owned by Manorama Industries. ABOUT THE COMPANY Manorama Industries Ltd. (Manorama) is a leading global producer […]
United Spirits Ltd. – Riding High on Market Enthusiasm
United Spirits CMP – 1046.45 An Overview of United Spirits’ Financial Performance United Spirits is a great example of how a company can make more money even when its sales grow slowly. United Spirits’ revenue has only increased by a CAGR of 3.07%. But, because United Spirits has become good at controlling its costs, its […]
Laurus Labs Stock Analysis
We believe that Laurus Labs is poised to enter the club of major pharmaceutical players in India and capture a significant market share. UPDATED REPORT ON LAURUS LABS AS OF 23-05-2024 Valuation Particulars FY 20-21 FY 21-22 FY 22- 23 FY 23- 24 FY 24- 25 […]
Unpacking Paytm’s Revenue Model
UPDATE: 1 February 2024 – Yesterday, RBI imposed certain sanctions against paytm whereby it restricts Paytm from offering certain key services from 29 February 2024. These mainly include – Paytm payments bank credit transactions. While this will have a materially negative impact on Paytm in the short term, I am of the view that there […]