May 30, 2025 One of the largest manufacturers of lead-acid batteries for both industrial and automotive applications in the Indian storage battery industry. The company forayed into the New Energy business in 2022 to offer lithium-ion cells, battery pack solutions, and chargers for electric vehicles and beyond. Announced capex plan of Rs 9500 cr over … Read more
May 16, 2025 The company was listed on the BSE and NSE in 2016. Established in 1983, BLS is a specialist provider of visa, passport and attestation services across the world. It serves the diplomatic missions by managing all administrative and non-judgmental tasks related to the entire life cycle of a visa application process. BLS … Read more
January 29, 2025 ABML is 73.53% owned by Aditya Birla Capital (ABCL) It is the group’s broking and distribution arm present in equity broking, commodity broking, depository services, margin trade funding, PMS (portfolio management services) and distribution of products like mutual funds, insurance and loans. Track record In last 10 years, revenues have increased at … Read more
February 4, 2025 94% revenues from payments business CC Avenue (POS, payment gateway), BillAvenue (Bill Payments thru Bharat Bill Pay System – BBPS), Go Payments (digital financial services to unbanked) 6% from platforms business A cloud‐based, E2E SaaS platform allowing corporates to do large scale online business, manage the back‐end (orders, inventory & logistics), allow … Read more
May 15, 2025 Decent performance continues. In FY 25 revenues grew by 14%, EBITDA by 15.6% and PAT by 28.5% market share as at March 31, 2025 stood at 19.5% compared with 19% as at March 31, 2024 Net cash on books stood at Rs 312.2 cr as at year end, 9.5% of the current … Read more
January 25, 2024 Sustained good performance from ICICI No real red flags. Whereas most of his other competitors are struggling on some or the other parameter, ICICI continues to be the standout performer. Valuations are not over the top. The only point to consider – ICICI is now a consensus buy. Any small lapse and … Read more
May 3, 2025 Excluding Microfinance issues, decent overall performance. FY25 ROE excluding MF is around 7%. Management is targeting this at 15% over medium term. FY 26 numbers are expected to be better than FY25. Real uptick is expected by management from FY 2027 onwards. Recent capital raise of Rs 7,500 cr is to have … Read more
January 20, 2025 India’s leading plastics product manufacturer, offering a wide and comprehensive range of plastic products in India. Revenue and EBIT mix during 9M ended December 2024 Plastic Piping – 67% and 67% Industrial products – 13%, 10% Packaging products – 16%, 16% Consumer products – 4%, 7% Track record During last 10 years, … Read more
May 14, 2025 Continued strong performance. Company continues to guide for a 30%+ guidance over short to medium term. WRT working capital, management believes favorable Q4 (95 days receivables) should not be a guiding factor. Given that Q4 in general is a heavy quarter, one should ideally expect a 95-105 days kind of receivables on … Read more