Rounaq Bakshi notes

https://youtu.be/pAz_YkJkpD4?si=CYXfoALlZoWyZsde   Carysil: one-stop solution for kitchen segment Increased dealer network from 1,500+ to 3,200+ pan India Quartz Sinks:  10,00,000 pa , Stainless Steel : 1,80,000# pa and Appliances : 7,000 pa Technology: Only company in India and Asia and among 4 companies globally to have the technology to manufacture Quartz Sinks with Schock Technology Commenced supplies of Quartz sinks to IKEA Entered into an agreement for Supply of Quartz Kitchen Sinks with Leading German Brand “Grohe”  About the author Hi, My Name is Rounaq Bakshi. I am investing in Indian Markets from 2012 with focus on fundamental analysis.                                                                                       Linkedin :  https://...

  https://youtu.be/vD2Np7FYTjA?si=TMPiWxDbFuj_CQLK Adani Enterprises plans to invest USD 5 billion over the next five years. Adani Enterprises plans to invest USD 5 billion over the next five years. Adani Enterprises is set to expand its data center business significantly.  AdaniConneX, which has only one operational data center in Chennai so far, has completed almost two-thirds of the construction in the Noida and Hyderabad data center facilities. Chennai's Phase 2 development is also underway.  Currently, AdaniConneX has an operational capacity of 17 MW AdaniConneX has also partnered with global technology giants for long-term contracts ranging from 5 to 15 years to support its aggressive growth targets. AdaniConneX, a joint venture between AEL and Sweden's EdgeConneX, plans to invest USD 5 billion over the next five years. More than half of this investment could be allocated within this year alone. AdaniConnex Pvt Ltd (ACX - Data Center) Noida Data Center • Constructio...

https://youtube.com/shorts/K_QmaeT0rFg?si=uFYlRS33Jm8w5LIx   GREAT  EASTERN   SHIPPING : Less than 10 PE GE  Shipping  FY24 consolidated Net Profit at INR 2,614 Cr Net Debt: negative 3,495 cr ROCE%: 18% Great  Eastern   Shipping  is focused on the transportation of crude oil, petroleum products, gas, and dry bulk commodities     As on March 31, 2023, your Company’s fleet stood at 43 vessels, comprising 29 tankers (7 crude carriers, 18 product carriers, 4 LPG carriers) and 14 dry bulk carriers (2 Capesize, 7 Kamsarmax, 5 Supramax) with an average age of 13.34 years aggregating 3.44 mn dwt. About the author Hi, My Name is Rounaq Bakshi. I am investing in Indian Markets from 2012 with focus on fundamental analysis.                                                                ...

India's oil, gas exploration offers $100 billion opportunity: Hardeep Singh Puri Oil Minister Hardeep Singh Puri called for stepping up oil and gas hunt to cut India's reliance on imports and making available fuel at an affordable and sustainable way. Speaking at the Urja Varta conference, he said the exploration and production (E&P) sector is integral in the journey towards energy self-sufficiency, which is critical for sustained economic growth. E&P offers investment opportunities worth USD 100 billion by 2030 Stating that India's exploration and production potential still lies untapped, he said, "I find it strange that India is so heavily reliant on oil imports despite the abundant geological resources available to us." The Indian sedimentary basins hold about 651.8 million tonnes of crude oil and 1138.6 billion cubic meters of natural gas Puri said only 10 per cent of sedimentary basin area is under exploration, which will rise to 16 per cent by 2024-e...

  https://youtube.com/shorts/gOT--TPqk2U?si=M1PLJTYdNxfcEblx Aditya Birla Money: Part of never sell portfolio stocks Aditya Birla Money is the listed full service broking house in India with more than 0.7 Million client Average funding book has grown 86% y-o-y in FY24 The profit after tax stood at ₹53 Crore for the year ended 31st March 2024 as compared to ₹34 Crore in previous financial year, an increase of 56%. Investment portfolio is 429 cr Cash on Balance sheet is 872 cr About the author Hi, My Name is Rounaq Bakshi. I am investing in Indian Markets from 2012 with focus on fundamental analysis.                                                                                       Linkedin :  https://www.linkedin.com/in/rounaq-bakshi-12224412?utm_source=share...

https://youtu.be/8evZRxAyH_s?si=TBkrpzb-C1UtXqQq   GNA Axles Q1 PAT increased by 66% from last year This bold step is aimed at expanding the company's manufacturing capabilities, increasing production capacity, and enhancing the overall efficiency of operations. With an eye on capturing a larger market share,  GNA Axles  seeks to maintain its position as a leading player in the industry. GNA Axles has established itself as a pioneer in the axle manufacturing industry, driven by a vision for sustainable growth. The upcoming investments are aligned with the company's commitment to creating innovative and reliable solutions for its clients worldwide. GNA Axles' CEO highlighted the company's proactive approach to  capital expenditure  based on the experiences of the previous fiscal year.  Planned investments in capacity enhancement and process upgradations would contribute to cost optimization in the long run, leading to improved profitability. In FY23, the com...

  South Indian Bank:  FY25 PAT growth of 21.75%  Highest Return on Assets of 1.05% in the last 20 years     Highest ever net profit of Rs. 1,302.88 Cr in the history of the Bank    Highest Return on Equity of 12.90% in the last 11 years  Gross advances grew by Rs 7,153 Cr from Rs. 80,426 Cr to Rs 87,578.52 Cr showing an increase of 8.89% on Y-o-Y basis  o NNPA decreased by 54 bps from 1.46% to 0.92% on Y-o-Y basis   Highest ever business of Rs. 1,95,104.12 Cr in the history of the Bank  Mr. P R Seshadri, MD & CEO of the Bank, stated that, “While announcing the financial results, I am pleased to share that our strategy continues to center around sustained profitability, superior asset quality, a resilient loan book, and a robust retail liability portfolio. We are sharpening our organizational structure and leveraging digital technology to effectively achieve our business objectives. During the reporting period, the Bank witnessed cons...

Just Dial Limited : Q2  EBITDA Margin at healthy 28.7% Mr. Shwetank Dixit, Chief Growth Officer, Just Dial, commented: “Q2 FY26 has been a measured quarter built on consistency and disciplined execution. Our focus, as mentioned last quarter, remains on strengthening our technology, process and talent foundations that would help us unlock our next phase of growth. We continue to invest in R&D to identify opportunities where AI and emerging technologies can be leveraged to drive operational efficiency and improve user experience. We are identifying new growth areas that can be nurtured by leveraging Justdial’s existing strengths. We are committed to seeing many of these initiatives yield results in the quarters ahead.” Total Traffic (Unique Visitors) for the quarter stood at 197.7 million, down 0.2% YoY and up 2.3% QoQ. 87.3% traffic originated on Mobile platforms, 10.0% on Desktop/ PC and 2.7% on our Voice platform. Mobile traffic witness 2.1% YoY growth. Total Active Listi...

https://youtu.be/aV6nJe_jHU4?si=ZnoRedsuE6QgfX4F   RHI Magnesita, the leading global supplier of refractory products, announced the acquisition of the Indian refractory business of Dalmia Bharat Refractories Limited (“DBRL”). DBRL is one of India’s leading refractory players and a long-term trusted partner to customers in the region. (2022) The acquisition will significantly increase RHI Magnesita’s presence in the fast-growing Indian refractory market, with forecast steel production growth in India of 12% in 2022 and a 7-8% compound annual growth rate until 2030.  Through the consolidation of DBRL’s production into RHI Magnesita’s existing operations, significant network optimisation synergies will be captured. The acquisition will add production capacities in important industrial regions in the south and west of India where RHI Magnesita currently has no assets Sees material financial and operational benefits from the addition of the Dalmia Bharat Refractories business to ex...

  https://youtube.com/shorts/swqi9f99n1Q?si=EDJY_dIUSqrmmOGG IRFC  down 20% from Top 4,64,641 Crores AUM   4,12,032.10 Crores Total Borrowings   Profit After Tax for the year ending 31st March 2024 was 6,412.10 crores as compared to 6,167.16 crores for the previous year, registering a growth of 3.97 %. Indian Railways (IR) with its 4th largest network in the world, has been the backbone of the transportation sector in India, carrying millions of passengers and cargo from one part of the country to the other.  Indian Railways is targeting high benchmarks in its aim to provide easy and comfortable mobility for passengers and a fast and eco-friendly freight network.    Indian Railway Finance Corporation (NBFC-NDSI-IFC by RBI) is a schedule-'A' Miniratna CPSE under the administrative control of Ministry of Railways (MoR)   IRFC 's charter allows financing of project with forward and backward linkages.  In this regard, company is explori...

Suryoday Small Finance Bank: accorded its prior approval to 1729 Capital and its associates to acquire ‘aggregate holding’ of up to 9.99% of the paid-up share capital  Intimation under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as amended, we wish to inform that in continuation to our earlier intimation vide Letter No. SSFB/CS/81/2025-26 dated November 13, 2025, the Reserve Bank of India (“RBI”) has vide Letter dated December 10, 2025, accorded its prior approval to 1729 Capital and its associates (collectively referred to as ‘the applicant’) to acquire ‘aggregate holding’ of up to 9.99% of the paid-up share capital or voting rights in the Bank.  The aforesaid approval accorded by the RBI is subject to compliance with the relevant provisions of the Banking Regulation Act...

https://youtu.be/PXprNvOfiYU?si=fCg-McGpwFBn5ubC   HUDCO is targeting AUM of over ₹1.5 lakh crore by FY26 from a little over ₹84,000 crore now Housing and Urban Development Corporation (HUDCO) is targeting assets under management (AUM) of over  ₹1.5 lakh crore  by financial year 2026 (FY26) from a little over  ₹84,000 crore now. The state-run company provides financial assistance for housing and urban infrastructure development projects. Sanjay Kulshrestha, the Chairman and Managing Director said the long term target is to reach an AUM of  ₹5  lakh crore by 2030 keeping in mind the infrastructure and housing developments plans of the state government. He expects the net interest margin (NIM) to remain in the range of 3.0-3.5% and spreads to be between 1.75%-2%. Kulshrestha said the company is working on three aspects: reducing the cost of funds, resolving stress assets, and expanding the diversified loan assets. He sees a lot of opportunities for growth fol...

https://youtu.be/lKFJ_FyLdsw?si=SlKreK-N9HSmMxs9   Angel One:Target Addressable Market: 11.3% of total population have Demat Accounts    Share in India’s Demat Accounts : 15.2%  vs 14.3% Angel One’s Average Orders Increased In 80% Instances, Where Either Index Corrected By >5% Over The Last 63 Months – Demonstrating A Robust FinTech Model India: Target Addressable Market: 11.3% of total population India Demat Accounts 22.8% share in India’s incremental demat accounts in Q1 ‘25 Growing client base to nearly 25 million Reported EBDAT Margin (as % of Total Net Income) stood at 37.7% in Q1 ’25 Client Funding Book Size: 3409 cr vs 1139 cr    Full cost of acquisition is accounted for in the year of acquisition, however, if the cost of acquisition is apportioned over 5-year period, it remains steady at ~10% of total net income

  https://youtu.be/uINeH3TZzNc?si=ibLBDYP5GQJ253Vw MOIL : Annual report 2024 53% Of the country’s total manganese ore is produced by  MOIL Broadening footprint by signing Memoranda of Understanding (MoU) with various state governments to acquire additional areas for manganese mining.  MoUs have already been established with Gujarat, Madhya Pradesh, and Chhattisgarh, and is actively engaging in discussions with other states to explore further opportunities. MOIL  is the largest manganese ore producer in India.  In order to meet the future requirement and maintain leadership in the industry,  MOIL  has planned to enhance its production to 3.50 million MT by 2030, for which a strategic management plan is already in place  These projects will require investments of about 2400 crore by 2030 in a phased manner.       Taking into consideration on-going and future projects, Capex target for 2024-25 is set at 309.30 crore.  ...