Ekansh Mittal Profile picture
Jun 12 9 tweets 5 min read Twitter logo Read on Twitter
Hair oil penetration in India is 90% + and there have been huge wealth creators from this space over last 2 decades

We were recently looking at co. which hasn't done well but is making amends under new team

In the process looked @ hair oil industry...some details 🧵

(1/n) Image
Hair oil is a product formulated to nourish, moisturize, and promote the health of hair and scalp

Hair oils are formulated with specific ingredients to target different hair concerns & achieve various desired effects -

shine, blackness, frizz control, hair growth, etc.

(2/n) ImageImage
Types of Hair Oil available in the market

Coconut Oil
Almond Oil
Amla Oil
Olive Oil
Castor Oil
Onion Oil
Jojoba Oil
Ayurveda Oil

Key Market Segmentation

By Ingredients, by Price, by Consumer, by Distribution Channels

(3/n) Image
Did you know?

Most hair oil cos. sell their coconut based Hair oil as only "Coconut Oil" and not as Coconut Hair Oil

Marico - Parachute Oil holds 59% market share in Coconut Hair Oil category

Read the Parachute bottle carefully

(4/n) Image
# Making of hair oil involves following processes

o Selection of Base Oil
o Extraction/Refining
o Blending with Essential Oils & Herbal Extracts
o Addition of Active Ingredients
o Emulsification and Stabilization
o Packaging

(5/n) ImageImage
Indian Hair Oil Industry was valued at Rs 13,361 crores as on Mar-22 having 3,09,219 tons Vol as per MAT Data

Industry is now very close to the pre-pandemic performance of FY-19-20

Household penetration levels of hair oil holding steady at 93-94% over the last 3 years

(6/n) ImageImage
Key Indian Hair Oil Players

#Marico-Parachute (Coconut Oil)+Nihar Naturals= 63%
#Bajaj-Almond (Light Oil) 60%
#Dabur-Amla (Amla based) 40%
#Emami-Navratna (Cooling) 55%

(7/n) Image
Demand Scenario

-Demand for Herbal, Ayurvedic & Organic Ingredients in Hair Oils
-Hair Oil Massage Promotes Relaxation
-Demand for quick & easy hair care solutions

Key Challenges

-Intense Competition
-Counterfeit Products
-Changing Consumer Choice
-Regulatory Compliance

(8/n)
Sources referred - (refer attached pic)

For disclosures/disclaimer - katalystwealth.com Image

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Ekansh Mittal

Ekansh Mittal Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @EkanshMittal_KW

May 23
Last year was one of the toughest for Dyes and Pigments industry

Based on our reading, seems like things may have bottomed out and industry may start recovering

Here are some details about the industry🧵

Important terms - Dyestuff, Dye intermediates, Pigments, Lakes

(1/n) ImageImage
Difference between Dyes and Pigments

Main difference between dye and pigment is that dye molecules are very small whereas pigments are much larger

Therefore, dyes easily dissolve in water and many solvents while pigments do not dissolve in water

(2/n) Image
Some commonly used dyes and dyestuffs include:

Acid Dyes
Reactive Dyes
Disperse Dyes
Direct Dyes
Vat Dyes
Sulphur Dyes
Basic Dyes

Their applications & usage details are attached

(3/n) ImageImage
Read 6 tweets
May 21
Weekly wrap🧵...1 special situation opportunity, 1 high dividend payout stock and an interesting concall

1) Recently released our new Special situation report

These are based on corporate actions like delisting, dermerger, buy back, etc

Details @ - katalystwealth.com/2023/05/16/may…
2) High dividend payout

A stock was quoting around 50/- a few years back

Since then co. has distributed more than Rs 60 as dividends

Normally, high dividend payout cos. don't do well on capital appreciation wise, but this is up 12x

Details @ katalystwealth.com/2023/05/20/por…

(2/n)
3) An interesting concall



- no long speech
- very straightforward
- loves answering in Hindi
- Talks a lot about cash flows

Disclosure: Invested. The securities quoted are for illustration only and are not recommendatory

(3/n)
Read 4 tweets
May 2
Was going through the details of a forging company which sounded extremely bullish and guided for 20% growth in FY 24 on the back of energy crisis in Europe

Decided to delve further into forging and machining industry

Here are the details 🧵

(1/n) Image
What is Forging?

Forging is a metalworking process where a piece of metal is shaped by compressive forces, typically using a hammer, dies or a press

It's used to create complex shapes that cannot be made through other methods

(2/n)
What's machining?

Machining is a precision mfg method that involves refining metal parts to precise dimensions, shapes, typically after the forging process, by using techniques such as scraping, grinding & milling to make it suitable for specific applications

(3/n) Image
Read 7 tweets
Apr 24
Recently came across 2 listed companies that are primarily into manufacturing Optical fiber cables (OFCs)

Here are some details about OFCs

Will growing demand for ultra-fast 5G create a big opportunity for OFC makers

(1/n) Image
OFCs offer numerous advantages such as increased bandwidth, decreased size, electromagnetic interference immunity, data security

To better understand, we need to know,
- Types of OFCs
- Parts of Fiber Optic System
- How are fiber optic cables deployed at our home

(2/n) ImageImage
How are fiber optic cables deployed?

Refer image

(3/n) Image
Read 5 tweets
Nov 14, 2022
Let's briefly look at - How do we select stocks for investment?

In this short 🧵, we will look at 3 buckets of opportunities we consider for investment along with examples of stocks and their reports

(1/n)
a) Growth stocks at reasonable valuations

1. cos. that have been growing quite consistently across the years

2. focus largely on small and mid cap stocks because in this space it's relatively easier to get good growth opportunities at reasonable valuations

(2/n)
3. important factors - opportunity size, industry growth rate and if the co. seems capable enough to capitalize on the vast opportunity

4. Unless there's a large opportunity size, the growth will soon plateau out

Ex:

katalystwealth.com/wp-content/upl…

katalystwealth.com/wp-content/upl…

(3/n)
Read 10 tweets
Jul 5, 2022
There's a common saying in the market - Be fearful when others are Greedy and Greedy when others are fearful

It's a market timing statement, but used very loosely

Ever thought, how to quantify Greed and Fear and improve your timing...Let's look at 2 data points 🧵

(1/n)
1st - Google Multibagger data chart

This is 1 data we use to understand which zone the market is in or where it is headed

What is it? – It's a graph from Google trends for search term ‘Multibagger stocks’

(2/n)
It depicts investor participation/interest (through google search for term ‘Multibagger Stock’) at various points of time

As the chart indicates, the investor’s interest peaked and bottomed around the same time the markets peaked and bottomed out

(3/n)
Read 16 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(