Rounaq Bakshi notes

  https://youtube.com/shorts/pjRR7lGOshw?si=88VXdFBUAVB2a62a IndianOil aspires to be a One Trillion Dollar giant by 2047 In 2023-24, Company achieved a cumulative capital expenditure (CAPEX) of 42,236 Crore, surpassing the budgeted target of 30,395 Crore by over 139%.  Remarkable performance demonstrates drive for growth and solidifies leadership among PSUs under the Ministry of Petroleum & Natural Gas.

  https://youtube.com/shorts/g2Ms1wTC514?si=mcu6Ltqii05RFdBE JK Tyre Q1FY25 net profit jumps 33% 14.1% EBIDTAMargin Continue to deliver profitable growth with year-on-year increase in operating margins.  Strategic thrust on premiumization and pricing have helped to manage the raw material cost pressures.  Although overall revenues were marginally lower due to decline in the OEMsegment, this was largely offset by increased exports.  During the quarter, exports recorded healthy double-digit growth, despite geo-political disruptions and rising ocean freights.  Looking ahead, we expect export demand to pick up. Remain optimistic about the outlook for tyre demand, driven by ongoing policy reforms including continued focus on infrastructure development

  https://youtube.com/shorts/30xcDtbSEYo?si=IVVvqgUJ4ARTr42W MIRAE ASSET NYSE  FANG + ETF   (NSE Symbol :  MAFANG ) Single portfolio that potentially capture today’s global innovation leader FANG + constituents are among most valuable brands throughout the globe NYSE  FANG + Index: At forefront of innovation then and now INR has historically depreciated against USD over long-term; adding to investors return. When INR depreciates the value of foreign asset increases and vice-versa In past, present or future,  FANG + companies were and are likely to be at the forefront of disruptive technologies Along with Research & Development (R&D),  FANG + constituents are keeping an eye on potential opportunity and threat to their business  The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the NYSE  FANG + Total Return Index, subject to tracking error and forex movement. In...

  https://youtu.be/ICrXNUt80gQ?si=vs-5aThWCIo7Vmvk JSW   Infrastructure  Acquisition of majority stake in Navkar Corporation Limited JSW   Infrastructure  Limited (the “Company”), a part of the  JSW  Group and India’s second-largest private commercial port operator, through its wholly owned subsidiary  JSW  Port Logistics Private Limited (the “Acquirer”), has agreed to acquire 70.37% shareholding held by Promoters and Promoter Group in Navkar Corporation Limited (“Navkar”) Navkar is listed on BSE and NSE. It’s key operating facilities are:  One Container Freight Station (CFS) and Gati Shakti Cargo Terminal at Somathane, Pavnel and Two CFS at Ajivali, Panvel.  An Inland Container Depot (ICD) at Morbi, Gujarat. The ICD is part of the Multimodal Logistics Park (MMLP).  Navkar also has a Container Train Operator License of Category 1 and Category 2.  Navkar has established a foothold with facilities in the Western India indust...

  https://youtube.com/shorts/DvCGB74QQIk?si=pKCWyovNrdI7bBfn UTI AMC: profit after tax in Q1 FY24-25, up 56% QoQ UTI AMC has geographical presence in 698 districts in India, amongst the highest in the industry.  The quarterly profit after tax stood at ₹ 254 crore in Q1 FY24-25, up by 9% YoY and 56% QoQ The core profit after tax for the first quarter (excluding income from investments and other nonoperating income) was ₹ 117 crore, up by 39% YoY and 21% QoQ.  The total AUM for UTI Asset Management Company stood at ₹ 19,36,107 crore As on 30th June 2024, UTI MF’s quarterly average assets under management (QAAUM) was ₹ 3,10,697 crore.  Total live folios stood at 1.25 crore as on 30th June 2024

https://youtu.be/PG7YbCSRniY?si=oYtJVyCTMrYJb2e3   BSE Limited   Cons. Net Margin – FY24  25% vs 22% Registered Investors 165 million+ Net Profit: 410 cr Vs 205 cr India INX, BSE’s international arm, commenced its trading activities on January 16,2017 and is India’s first International Exchange set up at GIFT IFSC It is one of the world’s most advanced technology platforms with a response time of 4 micro-seconds and allows trading for 22 hours a day INDIA INX – Global Access: Invest in more than 30,000 stocks across 33 countries and more than 80 global portfolios of renowned international portfolio managers with a minimum of $100

  https://youtube.com/shorts/Y4gVHT-QBd4?si=_3Uw5DQOMBcxzvWt Northern Arc Capital IPO Northern Arc is a leading player amongst the country’s diversified NBFCs, with a business model diversified across offerings, sectors, products, geographies and borrower segments. It provides access to credit to under-served households and businesses directly and indirectly through Originator Partners. The proceeds from the fresh issue would be utilised to meet future capital requirements of the company towards onward lending. The Chennai-based company will sell its shares between ₹249 to ₹263 per share. At the upper end of the price band, the company will have a post-listing market capitalisation of ₹4,244 crore. At the upper price band on the post-issue capital, the company is valued at a P/E (price-to-earnings) and P/BV (price-to-book value) multiple of 13.4 times and 1.5 times, respectively Northern Arc Capital's revenue increased by 45% and profit after tax (PAT) rose by 31% between the finan...

  https://youtu.be/QdcKzlA_EzE?si=BnONjdl_APTn-AvD Recorded video on  #bse  limited but stock became bazooka before video release Cons. Net Margin – FY24  25% vs 22% Registered Investors 165 million+ Net Profit: 410 cr Vs 205 cr India INX, BSE’s international arm, commenced its trading activities on January 16,2017 and is India’s first International Exchange set up at GIFT IFSC It is one of the world’s most advanced technology platforms with a response time of 4 micro-seconds and allows trading for 22 hours a day INDIA INX – Global Access: Invest in more than 30,000 stocks across 33 countries and more than 80 global portfolios of renowned international portfolio managers with a minimum of $100

https://youtube.com/shorts/Pki4Nr7WOvA?si=ZaB6RC0kxrBnTzDm   Dalmia Bharat Sugar: On Debt reduction road  Revenue from Operations at Rs. 960 Cr, +15% YoY, +28% QoQ  Domestic sugar sales volume at 1.64 LMT, +29% YoY, +48% QoQ  Average Sugar sales realization at Rs. 38.9 per Kg, +6% YoY, +2% QoQ  Distillery sales volumes at 4.3 Cr Liters, -16% YoY, 17% QoQ  Operating EBITDA Margin at 12% compared to 14% in Q1 FY24  Total Debt reduced to Rs. 848 Cr from Rs. 1,431 Cr as on 31st March 2024  The Board of Baghauli Sugar and Distillery Limited, 100% subsidiary of the company, has approved the expansion of the sugar capacity from 3,500 TCD to 5,000 TCD, as well as the establishment of a 100 KLPD grain-based distillery. 

https://youtube.com/shorts/kEd4ftcXaV4?si=8FpeXOzf0qyTs_Mo   Poonawalla Fincorp: I love stocks at 52L AUM up 52% YoY to ₹26,972 crore PPoP at ₹432 crore in Q1FY25, up 47% YoY and 6% QoQ  Assets:  ➢ Assets Under Management (AUM) stood at ₹26,972 crore, up 52% YoY and 8% QoQ  ➢ AUM Mix consist of 35% MSME finance, followed by 28% personal and consumer finance, 17% loan against property and 14% pre-owned car.   Asset Quality:  ➢ Gross NPA at 0.67%, lower 75bps YoY and 49bps QoQ  ➢ Net NPA at 0.32%, lower 44bps YoY and 27bps QoQ  ➢ Provision Coverage Ratio stood at 52.53%   Profitability:  ➢ Operating Profit (PPOP) was ₹432 crore, up 47% YoY and 6% QoQ  ➢ Profit After Tax (PAT) was ₹292 crore, up 46% YoY  ➢ Return on Assets (RoA) stood at 4.62%  ➢ Net Interest Income (inc. fees and other income) was ₹676 crore, up 42% YoY and 5% QoQ

https://youtube.com/shorts/LyreK6LW4do?si=0SZ5sOq5nv_0QywW   Indian Metals & Ferro Alloys Limited : Less than 10 PE  IMFA  is India's largest, fully integrated producer of high quality ferro alloys with 190 MVA installed furnace capacity backed up by 204.55 MW captive power generation and extensive chrome ore mining tracts Long experience of the promoters; company one of the largest exporters of ferro chrome The promoters have an experience of more than five decades in operating / managing ferro-chrome plants. IMFA  is one of the leading domestic producers and exporters of ferro chrome.  The total installed capacity is 190 MVA across six furnaces located at two manufacturing sites in Odisha.  IMFA  exports ~90% of its total annual production.  The long-term volume contracts that  IMFA  has with some of the global leaders in the stainless-steel industry, mitigate demand risks to an extent. Chrome ore and power are the two most importa...

  https://youtu.be/sxLE9XFKmw4?si=yoQXXMKhxGHZzdup J&K Bank’s annual net soars 48 pc to reach its highest ever profit of Rs 1767 Cr JAMMU & KASHMIR BANK  : Less than 10 PE In yet another record-breaking performance, J&K Bank has posted a net profit of Rs1767 Cr for the fiscal 2023-24 – a remarkable improvement of 48% over the previous high of Rs. 1197 Crore achieved last year.   Asset Quality: Strengthening its asset quality further, the Bank has brought down the Gross NPA (GNPA) to 4.08 %, while the net NPA are below 1 percent at 0.79%. Bank’s Yield on Advances rose annually to 9.54% from 8.91%, while as the Return on Assets (RoA) reached quite healthy levels at 1.22% -  crossing the 1% barrier after a decade - as against 0.89% recorded last fiscal.  Business Growth: J&K Bank's total deposits rose 10.44 % YoY to Rs 134774.89 Cr as of March 31, 2024, from Rs 122037.74 Cr recorded a year ago, while as the Net Advances of the Bank stood at Rs ...

  Jio Financial is down 20%  from Top JLSL is a subsidiary of Jio Financial. RILIL – entity established in Gift City SEZ, has also commenced operations with Ship leasing transactions.  Jio Financial Services said its subsidiary Jio Leasing Services and its nominees have made an initial investment of Rs 2.50 crore in newly-incorporated Reliance International Leasing IFSC Ltd (RILIL).  Incorporated on February 1, RILIL is a 50:50 joint venture between Jio Leasing and Reliance Strategic Business Ventures Ltd, an arm of Reliance Industries. RILIL will be engaged in the business of operating lease of ships, vessels and voyage charters in International Financial Services Centre (IFSC) located at International Finance Tec-City (GIFT City), Special Economic Zone (SEZ), Gujarat. https://youtube.com/shorts/GNAFYbWwL6c?si=-6xFZ9LbcCItQ617

  ADANI ENTERPRISES: Adani Defence Systems and Technologies  Adani Defence Systems and Technologies Ltd (ADSTL) first private sector company to have set up an end-to-end development and manufacturing ecosystem of small arms, including assault rifles, light machine guns, sniper rifles, carbines and pistols and is the only Indian private sector company supplying small arms to security forces. It maintains its focus on defence modernisation and indigenous manufacturing, with an increased allocation of ` 6.2 lakh crore for the defence sector. In line with Atmanirbhar Bharat and keeping geopolitical factors in mind, the Government has mandated a minimum of 68% of defence purchases to be done from Indian companies fiscal 2022 onwards Historically, over the past 70 years, India has heavily relied on global OEMs from US, France, Israel, Russia, etc. for the procurement of defence equipment and technologies. The Adani Ammunition Complex and Adani Missiles Complex are first of their kin...

  https://youtube.com/shorts/FsCpxmKWHcE?si=W7nDMqn8RAXo0Hyd Microcap: G.M.Breweries Limited (GMBL) is engaged in the manufacture of alcoholic liquor  Less than 15 PE stock It is the single largest manufacturer of country liquor in the State of Maharashtra. The State Excise Department shows that the company contributes about 25 to 30 % of the total Excise duty for country liquor in the whole of Maharashtra.  The company has capacity to process 13.76 crore bulk litres of country liquor per annum out of which only about 53.79% has been utilized last year.  The company is taking all possible steps to utilize the surplus capacity by extending its business to interior districts of Maharashtra taking advantage of its brand image.