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...

https://youtube.com/shorts/thox758NzuE?si=6DQRSh1Kh7SM34lo   South Indian Bank net profit  Q1 registered a growth of 45%  Net profit of the Bank for quarter is up by 45.36% from Rs.202.35 Cr. in Q1 FY 24 to Rs.294.13 Cr. in Q1 FY 25 GNPA came down by 63 bps from 5.13% to 4.50% on Y-o-Y basis  NNPA dropped by 41 bps from 1.85% to 1.44% on Y-o-Y basis Return on Equity improved by 110 bps from 11.80% to 12.90 % Y-o-Y basis  Return on Assets increased by 27 bps from 0.73% to 1.00% Y-o-Y basis  Gross advances grew by Rs. 8,478 Crore from Rs. 74,102 to Rs. 82,580 Crore, showing an increase of 11.44% on Y-o-Y basis  About the author Hi, My Name is Rounaq Bakshi. I am investing in Indian Markets from 2012 with focus on fundamental analysis.                                                                ...

  https://youtu.be/c0j-5GYVFcU?si=xpMwfbNAKTAW3-jL Just Dial Limited : Q1 Net Profit at ₹ 141.2 Crores, up 69.3% YoY Net Profit Margin: 38.4% Vs 25.4% Traffic (Quarterly Unique Visitors) in 1Q-FY25 stood at 181.3 million users  Total Traffic (Unique Visitors) for the quarter stood at 181.3 million, up 5.7% YoY and 6.0% QoQ. 85.3% traffic originated on Mobile platforms, 11.3% on Desktop/ PC and 3.4% on our Voice platform. Cash and Investments stood at ₹ 4,755.5 Crores as on June 30, 2024, up 14.3% YoY Cash and Investments stood at ₹ 4,755.5 Crores as on June 30, 2024 compared to ₹ 4,159.2 Crores as on June 30, 2023 and ₹ 4,625.4 Crores as on March 31, 2024.  (  8,803.80 market cap) Justdial  has also initiated transaction-oriented services for its users. These services aim at making several day-to-day tasks conveniently actionable and accessible to users from one App. With this step,  Justdial  is transitioning from being purely a provider of ...

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...

  https://youtu.be/8zQpvLfO8TM?si=Edx-56h3N7nuHUs0 Suryoday Small Finance Bank:  Q1  PAT grew by 47.2% y-o-y During this quarter, gross advances grew by 41.8% y-o-y and 4.5% q-o-q to Rs. 9,037 crores Deposits grew by 42.2% y-o-y and 4.6% q-o-q to Rs. 8,137 crores.  Asset quality has remained stable, with GNPA at 2.7% at the end of June 2024, down from 3.0% in June 2023 and 2.8% in March 2024.  The bank has further increased PCR from 71.2% in March 2024 to 83.9% in June 2024.  The NNPA stood at 0.4% at the end of June 2024, down from 1.6% in June 2023 and 0.8% in March 2024.  Net Interest Income (NII) grew by 30.5% y-o-y and 8.3% q-o-q to Rs. 293.2 crores.  Effectively managed operational efficiencies and are on track to achieve a favourable Cost to Income ratio of 57% to 58% by FY25.  Cost to Income as of June 2024 stood at 60.3%.  PreProvisioning Operating Profit (PPOP) grew by 23.2% y-o-y and 12.4% q-o-q to Rs. 144.3 crores Profit Afte...

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.  ...