Rounaq Bakshi notes

Video posted 8 months ago:  https://youtu.be/9L7JQRCLdu8?si=lfzsK8kXXaxiTFtz   Video posted 5 months ago:  https://youtube.com/shorts/m2zrmd3NbA8?si=LEzYEN4qFFBE22xh Latest video:  https://youtube.com/shorts/1Ky2nzq9ly4?si=AZw5pc1eWZKDCMI I invest my time in reading about companies and enjoy thinking about the growth aspects of each portfolio company i have in my portfolio While reading, i make my notes that are helpful for me  Garware   Hi -Tech Films: India’s only manufacturer of Sun Control films and Paint Protection Films Market leader with more than 90% market share in Shrink film manufacturing in India Fully vertically integrated, chips-to film manufacturer with over 60+ years of industry experience Exported to more than 80+ Countries worldwide ~73% Exports contribution to Revenue in FY22 The Vision of  Garware   Hi -Tech Films Limited is ‘To be a global leader in Specialty Performance films by incessantly exploring the cutting edge of chemi...

 Posted first video 11 months ago:  https://youtu.be/PMmSyRmJRmk?si=MdcjAau2jcfTE9CJ You will hear from experts that Holding companies should trade at a discount of 40-50% as a general rule. But when i first noticed about Pilani, the discount was a massive 80% I believe in finding deep value stocks and consider investing in such opportunities where the risk reward is great Company holds significant investments in Equity Shares of various diversified companies like Century Textiles and Industries Limited, Grasim Industries Limited, Hindalco Industries Limited, UltraTech Cement Limited, Vodafone Idea Limited, Kesoram Industries Limited etc Consolidated Profit after tax is 245 cr as against 201cr in the previous year, an increase of around 22.10 % Number of employees on roll was 6 as on 31st March, 2023 Loans given :  2123 cr  ( Unsecured - Inter corporate deposit ) Debt Equity Ratio 0.07 Vs 0.10    Investments:  10274 cr  Ultra Tech Cement Limited:...

  https://www.youtube.com/watch?v=mkXES0z_Q7c When the Stock came up with the IPO it was priced at 100-105 and was paying 10-12 dividend per year. During this time i was observing this stock and was happy to see the dividend yield as 10-12% that it offered. Now comes the good part, the Covid happened and no highway roads were operational !! so no revenue for IRB. The stock was trading at 70-75 levels before Covid happened and it went to 25-28 levels in matter of days !!! I started digging more and found out the pandemic clause applicable on road assets and noticed that the NHAI will pay help road operators in case a pandemic kind of situation happens.  This very important clause changed my mindset and i went all in in this company at 28 odd levels where the dividend yield was in excess of 25% per ANNUM !!!! From that day onwards, i realised money can be made in stock in exceptional manner but it requires strong screening process which needs to be backtested multiple times Belo...

  https://www.youtube.com/watch?v=VwHq8Vo3v_k RPSG   Sports  Private Limited: IPL team owner    Sometimes reading annual reports helps a lot in finding hidden stocks for me. It is a boring process because there are lot of pages involved in reading which is time consuming. But it greatly helps me in finding stocks that hold good potential.  My theme is IPL will outgrow every sport and the value of the IPL team will be huge in future because the audience base in IPL is great  Market cap: Less than 2000 cr Owns and operates the Lucknow Super Giants franchisee of the Indian Premier League Total Assets:  13,158.64  Other Intangible Assets :  5,475.76 (  Franchisee Rights :  5,099.00 for IPL team )  Sports  is big, and will only get bigger RPSG  Ventures holds a 51% stake in  RPSG   Sports  Private Limited ( RPSG   Sports ), which holds the right to own and operate Lucknow Super Giants — the Lucknow...

 1st Video Date: 3rd Dec 2022:  https://m.youtube.com/watch?v=EY1KToQ7m3Y 2nd Video Date: 3rd Apr 20233 https://www.youtube.com/watch?v=IcVSSx7mZYQ I love Dividend paying stocks When i say dividend paying stocks: I mean that particular company should be paying consistent dividends from last couple of years In this situation: if the stocks move up then i can enjoy capital appreciation and if stock doesnt perform well then i should get my FD rates income ( The base case) CESC : India’s first fully integrated electrical utility company Currently handle more than ~4 Mn customers across 6 locations in India Operating capacities 1485 MW    India’s first fully integrated electrical utility company ever since 1899, generating and distributing power Sole distributor of electricity within an area of 567sq km of Kolkata, Howrah and adjoining areas and serve 3.5 million consumers which include domestic, industrial, and commercial users 23468 circuit kms Distribution network (Kol...

Video  https://youtu.be/gdHGVTi-vxw   I spend a lot of time on finding bets that have huge potential and largely depend upon a situation of a theme if that plays out well --- How much it can benefit Many analysts believe the merged entity of PVR INOX would have higher pricing power on the revenue front and higher bargaining power on the costs front The merged entity, the largest multiplex chain stands to be the biggest beneficiary The synergies would result in robust free cash flows which bode well for  GFL as it is shareholder in the merge entity GFL   is a holding company. So dividends constitute a large chunk of its revenues ( currently no revenue!!!) Due to this, there is a lot of uncertainty around the cash flow. And markets don't like uncertainty with regards to earnings. This is accounted for in the share price. Industry level notes: As far as the number of screens is concerned, India lags behind other countries. The country has around 9,500 screens compared t...

My first video:  21 May 2023:  https://www.youtube.com/watch?v=HmTW6Q_TmI8 Tips   Industries  outperformed sectoral growth by 2.8x over the past 7 years  YouTube Views (in. Bn):  59.6  ( 2022) and  19.3 ( 2019) Content Cost :  Content acquisition cost is entirely funded through internal accruals  Over 78.62 Mn YouTube channel subscribers/followers    100% of Content cost is written off from profit & loss account in the quarter of release.  There is no Capitalization & no pending write-offs in the future.  Company has followed this policy since inception Catalogue is licensed to  OTT platforms  Content Aggregators  TV Channels  Telecom Companies  Radio Stations Advertisers  Event Management Companies  Hotels, Restaurants, and Others Reducing Equity Shares  -26% 2009 :  1.73 and Now  1.28 in 2023  Evergreen & Rich content of over 30,000 songs across genr...

9 months ago  https://youtu.be/R1SByvEGJbo 5 months ago  https://youtube.com/shorts/YZ1IrpZJk6c?feature=share 5 months ago  https://youtube.com/shorts/PGZmfAqURvU?feature=share   4 months ago  https://youtube.com/shorts/ftGyGj6HrWQ?feature=share 3 months ago  https://youtu.be/xAax36e4OU8 I made the above videos in past on Tejas and believe fully in the future  I am tracking Tejas from the day the deal with Tata was announced and my theme was that if Tata is acquiring a company then they will go big and make sure that the Tata group ecosystem is leveraging the synergies it can offer Now checkout this new deal that is announced on 15th Aug Tejas Networks has executed with Tata Consultancy Services Limited the Master Contract towards supply, support and annual maintenance services for Radio Access Network (the “RAN”) equipment for BSNL’s Pan-India 4G/5G network. As a part of this contract, the Company received a Purchase Order for an amount of Rs. 7,492 c...

 I made three videos on Kaveri seeds in last one year and it is performing well since the time i posted videos on it: https://www.youtube.com/watch?v=kEgoG9eEKM8 https://www.youtube.com/watch?v=Fffksar6zSI https://www.youtube.com/watch?v=_PeTVm9QJYQ Again impressed with the results in Q1 Check why? - Revenue from Operations was at ₹ 767.30 crore Vs  ₹ 731.95 crore in Q1FY23 (growth of 4.84%) - EBITDA Margin improved to 36.37% from 33.89% in Q1FY23 -  Net Profit was at ₹ 267.84 crore as compared to ₹ 240.67 crore in Q1FY23; (growth of 11.29%)  - Net Profit margin improved to 34.91% from 32.88% in Q1FY23 - Company focuses on growing exports to Bangladesh, Vietnam, Cambodia, Nepal and Middle East and exploring opportunities in East Africa and Philippines - The profit for the quarter is equal to full year FY23 Marketcap: 3100 cr Ratios are decent: - PE10.57 - PB2.05 - ROE19.39

As expected and shared in previous video on chemical sector that companies will be reporting terrible results. Check this video, incase you missed:  https://youtu.be/gQLrWczQGTc   TGV announced it's results and it was a disaster FY 2023 PAT: 361 cr Market cap as on 14th Aug:  1,006 cr ( 93) Q1  PAT: 20 cr Vs  148 last year Updates: Approval for setting up of another 20 MW Solar Power Plant near to factory at a total approximate cost of Rs. 74 Cr The above proposal is in addition to earlier Board approvals for 40 MW Solar Power Plant -  out of this 22.75 MW Solar Power Plant works completed and started power generation -  balance 17.25 MW Solar Power Plant works are in progress satisfactorily   Now will wait for a better level!! 52 Wk High 182.00 52 Wk Low 88.20