September 6, 2023 Byke operates 17 properties of which 2 are owned, 14 properties are under long term lease contracts (1042 keys) and 1 property under management contract (39 keys). TBHL had most properties in Maharashtra and Goa. The company has been expanding presence in Western and Northern parts of India. The properties are known … Read more
September 4, 2023 It’s more than 3 decade old company and is into vehicle loans, business loans, income generation loans to individuals, loan against property. Since 2017 it has also entered into co-lending arrangement with the PSU banks for income generating loans. Majority is funded by the bank and balance by Paisalo. Paisalo is responsible … Read more
February 14, 2025 Volatility in performance continues. Too many pieces in the puzzle and something or the other keeps pulling down the performance. Now it’s the water dues from the utilities with consequent implications on the funding costs. Performance in Q4 is expected to be better. Overall growth outlook remains bullish. However, profitability may remain … Read more
November 2, 2023 Challenging demand environment – both macro and increasing competitive pressures Company expects 2nd half of the current year to be better than the 1st half Namkeen is a focus for the Company contributes 16% of Company’s revenues vs >40% for the industry Next year onwards, Company plans to increase the ad spend. … Read more
August 9, 2023 Hands on management. However, confusing communication sometimes. Very competitive industry. Company claims top 3 position in many of the categories it operates in. Management focusing on significant retail store expansion Per store investment is Rs 17-19 lakhs Mgmt wants to open 8-10 sores per month Store is expected to break-even in 3rd … Read more
August 7, 2024 In last 4 qtrs, revenues only increased by 2.5% yoy. However, net profit has increased by 17%. Stock price during this period has increased by 48% Trailing TTM P/E consequently has increased significantly to 76x Going forward, EBITDA margins are expected to be at current levels and hence profits will mostly depend … Read more
August 2, 2023 Its’ a Hindustan Times group company with promoters owning 66.81% of the Company. James Murdoch and Uday Shankar-backed Bodhi Tree held 8.42% of the Company as at June 30, 2023. During the June 2023 qtr they had sold back 1.9% to the promoters. In 2021-2022, the Company had made an effort to … Read more
August 4, 2026 Continued average performance. Too many moving pieces creating unpredictability. February 4, 2026 Muted performance. Revenues grew by 9% but EBITDA declined by 10%. profits got hit primarily due to the higher initial costs (and lower revenues) related to the newly commercialized facilities, sale of products from higher cost old inventories and plant … Read more
July 21, 2023 Founded in 1958, the company is into manufacturing of crown caps, Carbonated Soft drinks (CSD) closures, PET Preform, Bottles and Jars The segment is highly competitive. AMD’s differentiation is long track record and established marquee clientele. However, Company being small in size and having no real product differentiation puts it at the … Read more