Rounaq Bakshi notes

  Tyre Industry Seeks Ban on Scrap Tyre Imports Amid Surge India is one of the world’s largest tyre manufacturing nations, producing over 200 million tyres annually.  India's tyre industry has expanded significantly in the past decade, with manufacturers increasing capacity to cater to both domestic and export markets. The sector accounts for about 3% of global tyre production, with major players operating multiple manufacturing units across various states. This volume generates enough domestic ELT capacity for recycling and disposal Voicing concern over the surge in imports of waste/scrap  tyres  into the country, Automotive Tyre Manufacturers Association (ATMA) has urged the government to take immediate steps to ban such shipments. The environmental and safety implications of unregulated tyre waste are grave.  Improperly disposed waste tyres can lead to severe pollution, fire hazards, and health risks.  By banning imports of scrap tyres, India can bolster...

  Olectra Greentech: acquired 150 Acres of land 10,503 units Orders On hand   Primarily engaged in manufacturing of electric buses and composite polymer insulators   Manufacturers of the seven-meter, ninemeter and twelve-meter models of the electric buses in India   Future Road Map   Company had acquired 150 Acres of land from Telangana State Industrial Infrastructure Corporation Limited Company established a greenfield electric vehicle manufacturing plant for which 150 acres of land has been acquired  Company has commenced partially operations for manufacturing electric buses and other EV products in the new plant  Strengthening Inter city / Inter state Private Transport Segment  New plant has an initial Capacity of 5,000 electric vehicles per year and scalable to 10,000 electric vehicles/year     Expansion into adjacent markets in the electric vehicle ecosystem and new geographies Leveraging technological capab...

  WPIL is engaged    contracts related to water supply and irrigation WPIL   Ltd announced that its European subsidiary, Gruppo Aturia, has acquired 100% shareholding of MISA S.R.L, an Italian company based in Arzignano WPIL is known for its excellence in offering large-scale pumping systems,  hydro turbines, and integrated solutions for pumping stations , while also being committed to sustainability and leveraging cutting-edge technologies to meet the evolving needs of its customers in Europe, Asia, Africa, and beyond MISA is a leading Italian company in the business of large pumping station projects and supply of pumps and hydro turbines with a rich heritage dating back to 1901 and a large reference list across Europe and North Africa. This acquisition further strengthens Gruppo Aturia as a leading European supplier of large pumps and adds pumping station project capability enabling it to provide turnkey solutions. WPIL is engaged in designing, developing, man...

  Brigade Hotel Ventures: healthy launch pipeline of nine hotels of around~1,700 keys Strong promoter profile with long track record in real estate business –BHVL is a wholly-owned subsidiary of BEL (rated [ICRA]AA(Stable)/A1+), which is one of the leading real estate players in South India.  BEL has established itself as one of the major diversified real estate developers in Bengaluru, generating revenue from three segments –sale of residential and commercial real estate projects, lease income from the owned commercial property (office and retail) and income from  hospitality  projects.   The hospitality  segment  remains  one  of  the  key  strategic  operating  divisions  of  the  Brigade Group. Healthy  operating  performance –On  consolidated  level,  BHVL  has  nine  operational  hotels with  1,604  keys  across Bengaluru, Mysuru, Kochi, ...

  PG Electroplast : Challenging Environment, Long-Term Confidence Intact Quarter ended June 30th, 2025 Revenues stood at INR 1,503.85 crores, up 13.9% YoY EBITDA stood at INR 139.42 crores vs. INR 134.54 crores in 1QFY25 – growth of 3.6% Net Profit for the quarter stood at INR 66.71 crores, vs. INR 84.93 crores in 1QFY25 Consolidated revenues crossed INR 1,500 crores, with the Product business contributing INR 1,159 crores. PGEL’s 100% subsidiary, PG Technoplast, reported revenues of INR 1,211 crores. New product launches during the quarter received encouraging customer response.  The company is also investing in new platform development for Room ACs and Washing Machines, and plans to expand capacity across Room AC, Washing Machine, and Cooler segments during the year. The Product business contributed 77.1% of overall revenues, growing 16.7% YoY. Within this, Room ACs grew 15.1% YoY, Washing Machines grew 36.1% YoY, and Coolers declined marginally by 3.9% YoY. ...

Orient Technologies Profit After Tax in FY’25 growth of 21.69 % (Y-o-Y). FY’25 Compared with FY’24: Total Income increased to Rs. 846.29 Crore in FY’25 from Rs. 606.86 Crore in FY’24 registering a growth of 39.45% (Y-o-Y). Revenue from Operations increased to Rs. 839.53 Crore in FY’25 from Rs. 602.89 Crore in FY’24, registering a growth of 39.25 % (Y-o-Y). The Earnings Before Interest, Tax, Depreciation and Amortization (‘EBITDA’) increased to Rs. 74.35 Crore in FY’25, from Rs 60.59 Crore in FY’24, registering a growth of 22.71%. Profit Before Tax (‘PBT’) increased to Rs. 68.01 Crore in FY’25 from Rs 54.91 Crore in FY’24, registering a growth of 23.87 % (Y-o-Y)    Profit After Tax (‘PAT’) increased to Rs. 50.44 Crore in FY’25 from Rs. 41.45 Crore in FY’24, registering a growth of 21.69 % (Y-o-Y).   Government of Maharashtra – Flagship Software Development Engagement | ₹18.69 Cr (5 Years) Orient Technologies was selected as the strategic technology partner for a large-scal...

  Cyient DLM: Surge in U.S. Engagement   Adjusted PAT growth of 21% YoY is driven by Volume growth & Efficiency Revenue growth: 27.5% YoY    Altek Electronics, is an EMS company focused on PCB Assemblies, Box Builds and Cable Harness:  Avoid tariffs by leveraging existing facility for onshore production and final assembly. Cyient DLM, incorporated in 1993 as Rangsons Electronics Pvt Ltd, is a leading player in the electronics system design and manufacturing segment. The company provides system design, integration, testing and manufacturing of electronic components and subsystems for OEMs in the aerospace, defense and other high-tech engineering segments. The company is involved in assembling of printed circuit boards for the telecom and direct-to-home industries. Diversified product profile and strong clientele :  Cyient DLM is a leading electronics system design and manufacturing player, which provides system design, integration, testing and manufactur...