August 14, 2024 Leading manufacturer of electrical and telecommunication cables in India It has also entered into electrical goods and home appliances Business Mix. In Q1FY25 – Electrical cables – 84% Communication cables – 10% Copper Rod – 1% Others – 5% Track record In last 5 years, revenues have grown at a CAGR of … Read more
May 14, 2025 Continued good performance. During FY 25, revenues increased by 21% and profits by 37%. ROE was attractive too at 18%. Outlook No specific guidance from the Company. However, it expects to continue outperforming the industry growth numbers and hopes to maintain margins at current levels. Based on this, market is expecting a … Read more
Aarti Surfactants Limited (ASL) was incorporated in 2018 post demerger of Home and Personal Care Segment of Aarti Industries limited. Its business include specialty chemicals for Home and personal care and Industrial applications. the company specialises in the manufacturing of chemicals essential for producing hand wash, sanitizers, soaps, detergents, shampoos, cleaning products, and similar items. … Read more
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
August 6, 2026 Company continues to do well albeit with operational challenges and volatility as expected in this kind of business. Valuations are now at 43x TTM P/E November 12, 2025 Decent quarter. Valuations continue to be excessive at 67x TTM P/E May 29, 2025 Decent Q4 performance. Double digit revenue growth and continued margin … Read more
August 5, 2025 Ok type operational and financial performance continues. Absence of any real trigger for the stock to rerate. Valuations at 22x TTM P/E though are attractive for this kind of return profile. Any possible trigger and stock can provide decent returns. May 21, 2024 Sanofi India’s consolidation/ restructuring phase is getting over and … Read more
August 11, 2026 Much more confident sounding management in the latest call. Performance in the last one year has been muted. In q1 FY 27, the performance has started improving and management is confident that the trend will continue from hereon. Net debt levels now have significantly reduced and currently stand at only about Rs … Read more
May 3, 2025 Muted performance during Q4. Higher provisions on unsecured portfolio + challenges in the microfinance portfolio. Provisions are expected to remain elevated for the next couple of quarters. There is nothing structurally wrong about the bank. However, its struggling to provide excitement compared to the likes of ICICI Bank. Now analysts seem to … Read more
October 15, 2026 Strong revenue growth of 35% yoy in the quarter. PAT growth at 23% was lower due to the higher content cost and Company’s policy of writing everything upfront. In H2, Company expects a much lower content cost as out of the expected Rs 90-100 cr for the whole FY 27, Rs 71 … Read more