Rounaq Bakshi notes

  ICICIBANK: Profit after tax grew by 30% year-on-year to ₹ 44, 256cr in FY2024   The net NPA ratio was 0.42% at March 31, 2024 compared to 0.44% at December 31, 2023 and 0.48% at March 31, 2023 Total period-end deposits increased by 19.6% year-on-year and 6.0% sequentially to ₹ 14,12,825 crore (US$ 169.4 billion) at March 31, 2024 Domestic loan portfolio grew by 16.8% year-on-year to ₹ 11,50,955 crore (US$ 138.0 billion) at March 31, 2024   Profit after tax grew by 30% year-on-year to ₹ 44, 256cr in FY2024   Average current account and savings account (CASA) ratio was 38.9% in Q4-2024  Thank you for contacting Rounaq!  Please let us know how we can help you.  About me :  https://www.linkedin.com/in/rounaq-bakshi-12224412?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app Have you subscribed to my channel yet ? Youtube :  https://youtube.com/@rounaqbakshi1875 Blog :  https://rounaqbakshin...

  Shakti Pumps (India): Achieves Highest Ever Revenue and Profitability in a Fiscal Year Revenue for FY24 at Rs. 1,371 Crores; PAT at Rs. 142 Crores  SPIL supplies solar pumps to farmers through various State Governments; 69% Revenue Share in FY24   1200+ Product Variants Diversified Product Range - Inhouse manufacturing of energy efficient products Backward Integrated - In-house manufacturing all the key components required for pumps and motor manufacturing Export contributes ~21% of revenue in FY24; accredited as “Star Export House” by the Government of India The Solar Pumps industry, spearheaded by PM KUSUM Scheme, is set for extensive growth with an estimated installation demand of over 14 lakh Off-grid and 35 lakh Ongrid Solar Pumps. There are a large number of farmers in various states who have applied for electricity connections to irrigate their farms. Discoms to provide them the basic infrastructure has a cost involved plus the electricity has to be provided...

  SCHAND : Down 25% from top Since the New Curriculum has been developed after a gap of 18 years, it would substantially reduce the second-hand book market, and which would spur volumes.  Expect 100% adoption of new NCF by schools to happen over the next 2-3 years which translates into a strong runway of growth for the company during FY25-27. S Chand Academy (Youtube): The channel houses modules comprising of over 1,800 videos that have been prepared supplementing S Chand Test Prep & College Content.  The channel has showed strong growth reaching ~234k subscribers and over 20 million views so far. S Chand and Company: On radar The National Curriculum Framework for School Education (NCF-SE) was released by the Hon'ble Union Minister of Education, Skill Development and Entrepreneurship in August, 2023.  This is the   first ever integrated Curriculum Framework for children between ages 3-18 years in India. It is a direct outcome of the 5+3+3+4 curricular a...

JITF INFRALOGISTICS LIMITED: ANNUAL REPORT 2023-24 Company’s business is to carry out infrastructure businesses through its subsidiaries and step down subsidiaries.  The infrastructure businesses include (a) Municipal Solid Waste management and Waste to Energy business which is being carried out by various SPVs under JITF Urban Infrastructure Limited; (b) Rail wagon fabrication and manufacturing business being carried out by Jindal Rail Infrastructure Limited and (c) Water and Waste Water EPC business being carried out by JWIL Infra Limited. JITF Infralogistics Limited is the holding company for infrastructure business which is consisting of Water and waste water management business, Municipal Solid Waste management and Waste to Energy business, and Rail wagon fabrication and manufacturing business. REVIEW OF OPERATIONS  During the Financial Year, the Company achieved Gross Revenue of Rs.320.81 lacs as against Rs 285.72 lacs achieved during the previous year.  The net pro...

  PCBL : Li-Ion batteries  Nanovace Technologies Ltd. (JV Company) is setting up a large pilot plant at Palej site which will develop Nano-Silicon additives to be used in anodes of Li-Ion batteries. PCBL Nanovace Technologies is a joint venture between PCBL and Kinaltek (Kindia) that creates nano-silicon materials for energy storage systems and electric vehicles (EVs) PCBL & Kindia has entered into a JV agreement for developing Nano-Silicon products to be used in anodes of Li-Ion batteries  PCBL will hold 51% and Kindia will hold 49% in Nanovace  Cash consideration of USD 44 mn in stages (subject to completion of certain milestones) in the JV Company for setting up a manufacturing facility for such products Ownership of 2 IP transferred to JV company to be licensed by Kindia    About Nanovace :  World’s first, unique Technology Platform which enables conversion of widely available Silicon/ Graphite precursors to battery grade Nano Silicon/ Graphite...

  Raamdeo Agrawal is optimistic about 2025, and said it will be a 'fantastic year'. 'Next year, even if FIIs invest $20-25 billion, we will have a party', Raamdeo added. The CY24 has seen an inflow of $60 billion from domestic investors, which cushioned the intense selling from foreign investors. He added that Centre's focus on capex will lead to capital goods, defence and railway plays continue to find a favour in 2025 as well. Raamdeo Agrawal sounded optimistic about 2025, and said it will be a 'fantastic year'. The wealth study said the underperformance of these bluechips could range from market events, external factors, misallocation of capital, change in competitive landscape or regulation.  "Assuming there is no structural decline in the companies’ fundamentals, such bruising offers a golden opportunity to build large positions in these aspirational Blue Chips," the wealth study added. Raamdeo Agrawal told CNBC-TV18 that the 'asymmetric p...