Tar ⚡ Profile picture
24 Jun, 15 tweets, 2 min read
The Oil drop in Reliance Logo has been replaced with a leaf #RelianceAGM
Okay, that's the foundations logo.
Moving on.

50% of EBITDA came from consumer business. Reliance is no longer an oil and chemical company.
Reliance Retail is 6x the size of next competitor in organized retail.

It's a shame that Walmart and not Reliance acquired Flipkart.
Reliance to enter Solar and Renewable Energy Business. My comment from yesterday about solar in India doesn't seem so stupid after all.

Kahan gae Trolls?
Google + Jio phone is here
Announced last year, ready in less than 12 months.

Damn, they move fast.
Jio Next Phone is very important for Jio

Most Jio customers today are on 4G, where as majority of Indian users still use old 2G feature phones

Unless Jio moves those to 4G network via a cheap 4G phone, it can kiss it's ambitions goodbye
Bunch of partnerships with

Google for 5G
Microsoft for Cloud and Data Centers
Facebook for JioMart and WhatsApp
JioFiber is now the largest fiber optic network provider in India

That was fast, Mukesh, that was fast 👏🏼
No country other than China has indigenously developed entire 5G tech stack

Not even South Korea (which uses Huawei)

Reliance put India on world 5G map. Can now sell this stack to others in the world who do not want Chinese tech and don't want to shell out big bucks to Qualcomm
Billion Units of Groceries sold by JioMart
3 Million Units per day

(Is this more than Big Basket and Gofers?)
JioMart is a platform business
Leverage existing kirana stores to onboard and brand them under a single name

It's like Oyo, but for Kirana and Grocery Stores

Tough to achieve, but with Reliance's deep pockets, it can.
Mukesh Ambani, "Reliance Retail can grow 3x in next 3 years"
Dividends and Earnings payout will keep on increasing as earnings do - Mukesh Ambani
The End

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More from @itsTarH

20 Jun
It's the weekend!

Grab a cup of coffee, in this thread I will explain

1. What is index investing?
2. Why S&P 500, Nasdaq 100 and DIJA are different?
3. How to create your own indexes?

Let's dive right in.
You may have noticed at the start of every book, there is a page which lists out various chapters and the page number for each chapter.

This is called the index of contents of the book.

It helps you understand what is where and give you a general idea how to read the book.
Similarly in the world of finance, we have financial indexes that are used to indicate where the overall market is trading.

Is it high or is it low?
Is it cheap or is it expensive?

These questions can be answered by looking at the index.
Read 35 tweets
16 Jun
@IndiaRatings published its latest report on #SequentScientific

Here are the key parts 👇🏼👨🏼‍🔬
Sequent has been on a product launch spree.
With the only USFDA approved animal only dedicated facility in India, sequent has commercialized

🧪 32 APIs
📜 Filed 23 DMFs
🥃 Pipeline for 35 Formulations
Majority of these products are in high margin injectable business.

Sequent also acquired a Germany based R&D business which will further strengthen its R&D Pipeline.
Read 5 tweets
14 Jun
Wuxi Biologics Revenue (in CNY)
2017: 1.6 Billion
2018: 2.5 Billion
2019: 4 Billion
2020: 5.6 Billion

Has a backlog of orders worth USD 11 Billion+
Various stages and potential revenue in each stage for a CDMO
Even after increasing their capacity at a rapid pace, Wuxi still has a backlog which is growing at 50% per year.

Imagine the demand for a Biologics CDMO in the industry.
Read 4 tweets
12 Jun
Its the weekend!

Grab a cup of coffee, in this thread I will explain

1. What are Porter's 5 Forces?
2. How to use them while analyzing a business?
3. What information can they tell you about a business

We will be analyzing Divis Labs as an example.

Lets dive right in.
Michael Porter, is a business and economics professor at Harvard Business School. He is the author of more than 20 best sellers, all written on the topics of competitive advantage, his expertise.

He is most famous for his work on 5 force model which was first published in 1979.
Porter's 5 Force model is used to identify competitive advantages a company has amongst its peers and in an industry it operates in.

A simple 5 point analysis can help anyone determine whether a company enjoys certain advantages that its peers do not have.
Read 32 tweets
7 Jun
Not everyone has the resources to enter Biosimilar markets

The science of #Biocon remains unseen, esp. by CSLA analysts.
A biologic compared to a generic drug.
Read 8 tweets
6 Jun
Sharing my Investing Principles 🔑

I wrote these when I first started direct equity investing and occasionally revisit them, time and again.

Writing these principles have helped me avoid major pitfalls and stay true to what I think is my investing ideology.

👇🏼
These principles are based on the lessons I have learnt by observing the giants and titans in the industry.

From Lynch, to Buffett, to Munger, Druckenmiller, to Klarman, to Pabrai and many others.
Principle # 1
Never Lose Your Capital
Read 10 tweets

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