Keep on playing dot balls till you find the right one to smash.
Ignore all the noise. The ups, the downs, the tips and recommendations. Stick to the plan and invest in selected companies like dravid selects the deliveries. (1/3)
Stay on the pitch. The more you stay, the chances of scoring increases. Keep invested in the stock. Stocks of good businesses do not multiply every year. They may multiply in few weeks. You just need to wait. (2/3)
People may find Dravid boring for all his slow innings but at the end we talk of his perseverance.
They may mock you for your patience but when they look at the end result they will see how your patience is rewarded. Let the magic of compounding work. (3/3)
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A microcap bearing company, with 30% plus EBITDA margins that is doing 4x capex in upcoming two years deserves to be studied.
In this thread I will try to deep dive 'SKP Bearing Industries Limited' to understand the triggers that lie ahead 🧵
First things first, the idea to study this business was generated by @PrathameshHirv3 . So, all due credits to him.
Let us discuss about the promoters. SKP was incorporated in 1991 as a partnership firm and in January 2022, it transformed into a Limited company.
Mr. Shrikand Kamlakar Palshikar and Mrs. Sangita Shrikand Palshikar lead the operations of SKP.
Shrikand sir has an experience of over 34 years. He holds a degree in Master of Technology in Mechanical Engineering with a specialization in Production Engineering from IIT Bombay.
Also, he has completed the Rolling Bearing Theory & Performance Course from SKF College of Engineering. He previously worked with SKF India too.
Last month I deep dived a microcap gem which is into fast moving artificial fashion jewellery and has a legacy of 190 years!
A long thread ahead 🧵
Gargi by PNGS is the new venture promoted by the promoters of PNG and Sons Limited, which has been a go to brand in Maharashtra since 190 years.
Gargi deals in 92.5% certified sterling silver jewellery and brass jewellery, idols and other silverware and related gift items.
‘Purshottam Narayan Gadgil (PNG) Jewellers’ was established in 1832 by Ganesh Gadgil and it operated in two branches, with P. N. Gadgil & Sons in Sangli, and P. N. Gadgil & Company in Pune. These two were separated in the year 2012.
You are bored and you start scrolling endlessly shorts content on Youtube. It is the time you realize how addictive it is!
No wonder Youtube is promoting this left, right and center. How can this be a wonderful opportunity for companies like Tips Industries, let's dive in🧵
Tips Industries get its 50% topline from Youtube. Hence, the growth in the Youtube views is bound to aid company in doing better.
In FY23, its Youtube views stood at whopping 112.7 Bn. This was at just 59.6 Bn in FY22. A solid growth of more than 100%.
However, its revenue did not see the same kind of growth.
Its revenue for FY23 stood at 187cr vs 136cr in FY22. And there are multiple reasons for this!
As we near the March end, I thought of sharing a detailed thread on tax planning in case of equity shares.
I tried to keep things as simple and lucid as they can get.
Keep a popcorn tub ready. Read on and bookmark for further use 🧵🔖👇
RBI hikes repo rate today to 6.5%.
If you are wondering what repo rate is then here's an extensive yet super simple thread to understand the role of @RBI and how it uses 'Repo Rate' and 'Reverse Repo Rate' 👇🧵
Let us first understand the role of the Reserve Bank of India in managing the Indian economy.
There are two major elements of the Indian economy.
🔸The Businesses
🔸The Households
🔸The Businesses:
They are the producers of the goods and services.
Any business would be happy if it is growing and the prices of the goods and services sold are ever rising.
They would be more interested in ‘Economic growth’.
Huge shout out to the entire twitter community for saving a life.
I raised approximately 13 lakh last year in August for my sister in law as she had to undergo a liver transplant.
On 4th February 2023 her surgery was successfully done at KIMS, Hyderabad❤️
I'm attaching the receipt here for reference. The funds raised have been successfully applied 🙏
Last year was extremely difficult for us as we had a liver donor from our family but it did not match the patient.
I was feeling guilty of raising funds so quickly as the surgery kept postponing.