Key Notes on Gensol Enginneering

January 23, 2024 In 9M FY24, 80% revenues were from Solar EPC, 5% from Solar Tracker and 16% from EV leasing EV manufacturing. Vehicle is under final stage of approval from ARAI. Post final approvals, commercial operations are expected to start in early FY’25 with a capacity of 30,000 pa Its a 2 door, 2 … Read more

Key Notes on V-Guard Industries

February 1, 2024 V-Guard is a Kochi based company, founded in 1977 to manufacture and market Voltage stabilizers. The Company has since then established a strong brand name and aggressively diversified to become a multi-product Company. 27-28% of Company’s total revenues come from wire segment alone. Non-South markets contributed to 45.6% of total revenues in … Read more

Key Notes on Uniparts India

February 8, 2024 Supplier of systems and components for the off-highway vehicles (‘OHV’). Products include 3 Point Linkage (3PL) for tractors (allows for quick and easy attachment and detachment of implements) and Precision Machined Parts for use in construction machinery, equipment, and structures 56% revenues are from 3PLs and 40% from PMPs 85% revenues are … Read more

Key Notes on Saregama

February 9, 2024 Businesses include IP offerings across media channels (music, films, web series, short-format and TV serials), delivery platforms (digital and physical) and business models (licensing, advertising and retail). Business focus is to create IP and monetize the IP Performance track record In last 10 years, revenues have grown at a CAGR of 15% … Read more

Key Notes on Mayur Uniquoters

February 8, 2024 A large organised player (leader) in the synthetic/ artificial leather industry in India. Diversified clientele across various industries. End customers include Maruti Suzuki, Tata Motors, Mahindra & Mahindra, MG Motors, Honda Motorcycles, Bata, Relaxo, VKC, Paragon, Baggit, etc. revenue split – In FY 21, 31% from footwear, 21% from automobile replacement, 15% … Read more

Key Notes on Vimta Labs

February 1, 2024 Business areas contract research for clinical research and pre-clinical studies quality and safety testing for food and beverage industries newly launched electronics and electrical products testing services during Q4 of FY22 26% exports revenues and 74% domestic Performance track record Revenues increased at a CAGR of 11% and profits at 27% in … Read more

Key Notes on CCL Products

May 13, 2024 Company is guiding for 18-20% volume growth annually over the next 3-4 years In FY24 it was 14% due to breakdown in the Q2 that could not be made up in Q3 and Q4 Given the nature of the business, working capital requirements can fluctuate widely. Debt levels are increasing due to … Read more

Key Notes on Hindustan Foods

November 9, 2023 One of the most diversified contract manufacturer – FMCG products (including food, home care, personal care), leather products, beverages, ice-creams, pest control products etc Company claims to be agnostic about product category provided it meets the basic operating checks It doesn’t have plans to launch products under own brands It’s very clear … Read more

Key Notes on Kaynes Technology India

November 4, 2023 Incorporated in 2008, Kaynes  is an integrated electronics manufacturing company. It serves varied sectors including automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, Internet of Things and others It’s customers include both private and government In last 3 years, revenues have grown at a CAGR of 45% and profits at 112%. … Read more