October 16, 2024 Continued decent Q2 FY 25 performance on all the key parameters. Management confident of sustained performance. Growth outlook at 17% CAGR in the foreseeable future. Board has approved a QIP of Rs 2,000 cr to be raised in due course. Most analysts are concerned about the dilution from QIP especially given that … Read more
October 12, 2026 Bank has stabilized and it’s business as usual. Bank due to capital from NBD (Rs 26,000 cr) and FCNR mobilisation (Rs 34,000 cr) is flush with liquidity helping the reported performance (returns on funds) along with stabilisation in business in general. Going forward, due to the full impact of FCNR in Q3, … Read more
August 5, 2024 TCL is third largest soda ash producer globally, with over two-third of its capacity being natural soda ash translating into cost-effective production. TCL is also the 6th largest producer of sodium bicarbonate in the world, and one of the leading agri-services and crop-protection chemical companies in India (Rallis India). Revenue mix during … Read more
August 29, 2024 Expleo is a software services provider Software development, validation and verification, and Engineering consultancy services Focused on BFSI, Aerospace, Automotive, Defence and Rail Industry Financial track record In last 10 years, revenues have increased at a CAGR of 17% and profits at 12%. Average ROE during this period was 24% In last … Read more
July 24, 2024 Its into home textiles segment Its into B2B as well as branded business. Brands include Spaces, Welspun, Disney Home and Christy amongst others It sells its products across 50 counties and has relationships with all the major retailers It has also ventured into flooring solutions Revenue break-up. In Q1 FY 25 75% … Read more
July 25, 2024 Founded in 1991, SSWL is into Automotive wheels – both Steel & Alloy Wheels In March 2024, it acquired AMW Auto Components Ltd through NCLT located in Bhuj, Gujarat. Company expects AMW to provide it with a capacity to produce 7mn Steel Wheel Units in total for CV, Tractor and PV. Strategic … Read more
May 27, 2025 Company continues to do ok in a competitive environment. Nothing really exciting as such. In March 2025, Company announced the acquisition of the entire business under the brand name Wembley (Haryana based). This is expected to add about Rs 100 cr to Company’s annual revenues i.e., about 25% It’s marginally decretive to … Read more
October 28, 2024 Good YoY topline growth number of 17.5% during Q2FY25. Management claims that sales could have been further higher but for due to some production related issues. Management believes that the business picked up very well from August end onwards and expects it to continue during Q3 and Q4 as well Operating margins … Read more
May 17, 2024 Company is the owner of Sleepwell brand of mattresses. It is the largest manufacturer of PU foam. Other than mattresses, it supplies PU foam in the B2B market for furniture cushioning, automobile cushioning, acoustics and others During FY 2024, it acquired another established mattress brand ‘Kurlon’ and made a significant stake purchase … Read more