Rounaq Bakshi notes

  Transrail Lighting: power transmission and distribution segment contributed over 80% of  revenue At the upper price band, the OFS is valued at Rs 439 crore, taking the total issue size to approximately Rs 839 crore and giving the company a market capitalization of around Rs 5,800 crore. Transrail Lighting is one of the leading Indian Engineering, Procurement and Construction (EPC) companies with a primary focus on the power transmission and distribution business and integrated manufacturing facilities for lattice structures, conductors, and monopoles. It has a footprint in more than 58 countries. The company maintained a stable debt-to-equity ratio of 0.56, indicating consistent and conservative leverage. Transrail has demonstrated robust financial performance, with net profit more than doubling to Rs 233.2 crore in FY24 from Rs 107.6 crore in the previous year.  Revenue grew 29.3% to Rs 4,076.5 crore, up from Rs 3,152.2 crore in FY23.  As of June 2024, Transrail’s...

  Protean eGov In Focus - Big negative Disclosed that it is no longer in contention for Government of India’s PAN 2.0 project It has been eliminated from the RFP race Government had plans to overhaul PAN/TAN services under PAN 2.0 with a Rs 1440 cr budget Despite earlier confidence, PROTEAN is now completely out of the running Equirus Says, This is a material negative, as PAN services contribute ~50% of the company’s revenue FY26 impact may be muted, expect a 75-100% collapse in this revenue stream over the next 2-3 years 35% decline in FY27 overall revenue Segment has historically generated free cash that funded new initiatives — now under threat Additional headwinds include an impending NPS pricing revision in FY27 and stagnant ONDC retail volumes Downgrade to Sell from Add; Cut TP to Rs 900 from Rs 1730   Thank you for contacting Rounaq! Please let us know how we can help you.  Whatsapp: 7838491131 SEBI registered RA : Rounaq Bakshi Waheguru

  NLC  India to triple power capacity by 2030 with ₹50,000 crore investment  NLC  India Ltd (NLCIL) has announced plans to invest ₹50,000 crore in expanding its renewable energy capacity from 1.43 GW to 10.11 GW by 2030.  This ambitious project is part of India’s broader commitment to achieving net-zero emissions by 2070. NLCIL envisages increasing the share of renewable energy from 50 percent by 2030 to 77 percent by 2047 in its energy generation portfolio, enabling the company to achieve net zero by 2070. NIGEL aims to expand its portfolio by participating in competitive bidding and exploring emerging opportunities in the green energy sector. Currently, 2 GW of renewable energy assets are under implementation. NLCIL aims to achieve a renewable energy (RE) portfolio mix of 50 percent of its total planned capacity, increasing its RE capacity from 1.43 GW to 10.11 GW As the energy landscape evolves, NLCIL recognises the importance of innovation in reducing emissi...

  D-Link  India: Smallcap story D -Link (India) Limited is a part of  D-Link  Corporation and one of the largest networking companies in India D-Link  India today has 13 branch offices with State of-the-art service support infrastructure present PAN India.  D-Link , is a well-established player in the Indian networking market, known for its range of networking products that includes Home & Business Wireless, Network Switches Surveillance, Network Racks, and Structured Cabling D-Link  India enjoys a substantial market share in the consumer wireless and switching sectors. Its unmanaged and smart managed switches are among the most popular products among small and medium-sized businesses (SMBs) D-Link ’s enterprise-grade switches are designed for high-performance networking in business environments. The range includes smart managed, managed, data centre, and industrial switches, offering features like 10 to 100 Gigabit connectivity, robust security, a...

BALMER LAWRIE & CO. Visakhapatnam Port Trust is set to invest to the tune of ₹700 crore in various infrastructure projects Balmer Lawrie has 60% PM Modi Launches Infra Projects Worth Rs.15,233 Cr in AP · Outlining the advantages of Gati Shakti initiative, he said that the stage was being set for taking the Indian economy to $5 trillion economy by 2025. · The focus is on developing the seven sectors or the engines of growth such as road, rail, airport, logistics, seaport, mass transport and motor ways and the basic idea is coordination and cooperation between the sectors. · To give a permanent solution to pollution issues, VPT will be investing around ₹210 crore for building covered sheds over 25 acres of land, he said. · He said the electrification work on 23 ETKM Port Railway lines have been completed in the 1st phase and second phase of 38 TKM of Electrification Port Railway Lines will begin shortly. · VPT is also developing a truck parking terminal on an extent of 20 acres a...

  Balmer  Lawrie eyes Rs 6K cr revenue by 2030, to hire consultant for growth Diversified PSU  Balmer  Lawrie & Company is aiming at a revenue of Rs 6,000 crore by 2030 and is in the process of engaging a consultant to prepare a comprehensive growth plan "We are targeting a revenue of Rs 6,000 crore by 2030 and looking to appoint a consultant to guide us,"  Balmer  Lawrie CMD Adhip Nath Palchaudhuri said. He also said the key focus areas for growth are travel and vacation, grease and lubricants, logistics, and industrial packaging. The company, which operates across several business verticals, including grease and lubricants, industrial packaging, logistics and travel and vacations (T&V), has a current revenue of Rs 2,400 crore. Palchaudhuri noted that the T&V vertical has substantial growth potential. "Around 80 per cent of the business lies outside government departments, predominantly in the private sector. We are actively promoting our servi...

  Balmer  Lawrie & Co. Ltd. forays into Rail Logistics Balmer  Lawrie & Co. Ltd., a diversified Miniratna I PSE under Ministry of Petroleum and Natural Gas, GOI signed an agreement with M/s GATX India Pvt. Ltd., the largest private railcar lessor in India, for leasing 3 nos. of rakes of BFNS 22.9t wagons for transportation of finished steel products of Steel Authority of India Ltd. (SAIL), Rourkela Steel Plant (RSP) over distances exceeding 1000 kms.  Balmer  Lawrie forayed into transportation of cargo by rail with the signing of the agreement with SAIL Balmer  Lawrie aspires to cater to the growing market of rail logistics by serving the customer segments in the list of commodities allowed under the Liberalized Special Freight Train Operator (LSFTO) Scheme of Indian Railways.  The Company was looking to lease the 3 rakes and has now awarded the contract to GATX through a public tender.  This event furthers  Balmer  Lawrie’s sign...