Keynotes on Hindware Home Innovation

May 28, 2024 The company was incorporated in 2017 as a part of the Hindware group. The demerger of AGI Greenpac Ltd led to the transfer of the marketing and distribution of consumer products and retail businesses to the company on April 01, 2018. Business segments Building Products Business – 84% in FY24 sanitaryware, faucets, … Read more

Key Notes on Sanofi India

May 21, 2024 Sanofi India’s consolidation/ restructuring phase is getting over and company seems to be well positioned to deliver good numbers in the near term India for India plan focusing on diabetes, consumer healthcare, end-to-end innovation, and go-to-market. Made progress in expanding offerings in the diabetes category with launches like Insutage and Soliqua. Soliquo … Read more

Key Notes on Kamat Hotels

May 7, 2024 Kamat Hotels (India) – KHIL is a flagship company of the Kamat Group into the hospitality business It’s a very old company formed in 1990s, that got listed in 2005 Over years it has had a volatile history. It expanded taking significant debt that it could not service properly. Company is currently … Read more

Key Notes on Kotak Mahindra Bank

May 4, 2024 Business continues to do well and remains strong WRT to the recently announced restrictions by RBI on KMB, the bank expects the financial impact to be limited. Rough estimate is Rs 300-500 cr PBT annual impact bank will speed up business though non restricted channels targets to work alongside regulator and get … Read more

Key Notes on Jain Irrigation Systems

May 18, 2024 Continued operational improvement in Q4 FY 2024 Focus areas continue to be Expand retail business Recover outstanding govt dues and use them to reduce leverage Management expects FY 25 to be better than FY 24 and FY26 to be further better. Management as always continues to sound very bullish. Execution is where … Read more

Key Notes on SJS Enterprises

May 21, 2024 Continued strong performance and business outlook. Company expects to continue to grow at 1.5x of the industry growth. Even if there is slowdown in the industry growth, Company expects to do well due to the increasing trend towards premiumisation and hence need for SJS’s products. EBITDA margins are expected to continue to … Read more

Key Notes on Shalby

February 10, 2024 Key business highlights Hospitals contribute around 92% of Shalby’s total revenues. Occupancy is around 47% during Q3FY24 Arthoplasty though declining, continues to be the biggest contributor in the hospital business at 38% during the quarter. 24% hospital’s revenues are from Government. Balance from insurance and self pay. Franchise and implant business being … Read more

Key Notes on Avanti Feeds

May 29, 2024 Decent quarter Margins during Q4 FY2024 improved due to the reduction in the raw material prices Next 2 qtrs are expected to be stable on margins Growth is expected to be muted in Q1 FY25 due to the environmental factors. It’s however is expected to be compensated during Q2 and Q3 Avanti … Read more

Key Notes on Control Print

May 13, 2024 Continued good performance. During Q4FY24, revenues grew by 11.4% YoY, EBITDA 23.6% and PBT 23.4%. PAT declined by 9.3% because of higher provision for tax due to gain on sale of investments. Outlook – to continue focusing on growth through organic and inorganic routes. Solid Company that should continue to do well. … Read more