Pharma Sector has seen a huge boost in sales and profits. There are still many companies which have ath sales and profits & are heading towards ath share
Techno Funda - part 2
Auto ancilliary sector has not been performing well. however, there is an increase in sales and if there is an increase in sales and profit in next 2-3 quaters then many stocks in these sectors can become multibagger.
Updates:
Past few years the growth drivers macro factors are
• GST- This had made good growth in the decentralization of the supply chain making a good place for organised share.
• Consolidation of contract manufacturing companies.
• Digital and E-Commerce increasing demand.
• Achieved the highest sales growth.
• Started the contract manufacturing for toilet cleaner in Sailvassa with capacity of 1000KLPA per day. Plant site was built in 7 months.
Merger:
• Beverage plant in Mysuru in progress.
• Malt Beverages plant in Coimbatore is in progress.
Here are the Key highlights of the conference call 😀
Business Updates:
• Business is now coming to new normal
• Witnessed good traction using RPA, cloud, IOT, mobility,
and analytics
• Digital offerings continue to contribute over 40% of revenues
• Served 26 Million Dollar+ customer
• QoQ came mostly from volume growth.
• Digital service is expected to grow more than other segment.
• Margin improvement was due to Work from home, saving of travelling cost and rupee depreciation.
-It will take a year or two to reach at Pre-Covid Levels
-They are trying to get more international business
-Planning to expand their Bangladesh business
-There was some loss in average selling price this quarter
-They are 2nd largest Luggage company in the World
Strategy:
-E-comm sales is 27% and this is going to be their material channel ahead
-It will continue to be in this range
-Amazon and Flipkart would be like their departmental/retail stores and simultaneously they would be having their exclusive stores also
To participate in retail category, one can go for around 2,200 number of shares.
The theoretical acceptance ration in this case would turn out to be around 19%.
However 100% of application is not possible in buyback.
Assuming 3 different scenario for the expected application of buyback that is 50%, 70% and 90%, the tender ratio would turn out to be 37%, 26% and 21% respectively.
ANFD:
• In manufacturing ever plant require to convert solid into liquid by filtration. ANFD does filtration, washing of impurities, drying and is automated.
• Complied with CGMP
• Can be useful even in hazardous chemical
• Focus remain of launching quality product and annual innovation in products.
• Company has Formidable player in Glass line market.
• Manufactured 250 products for even single order and have already fulfilled many diverse range of order.