A short thread on Network People Services Technologies Limited – A micro cap fintech player focused on digital payment solutions📲💰
CMP – ₹1,261
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👉🏽Network People Services Technologies Limited (NPST) established in 2013 is a Fintech Company focusing on Digital Payment Solutions like UPI, IMPS, Mobile Banking & Wallets to Banks and Payment Companies
👉🏽The company offers its services under the two verticals
a. Third-Party Payment Application Provider (TPAP)
b. Technology Service Provider (TSP)
👉🏽The company recently participated in the Global Fintech Fest (GFF), where it announced three new collaborations and products
👉🏽The first is a B2C payment platform in collaboration with Cosmos Bank known as "TimePay" - a UPI application that provides a holistic payment solution for both users and merchants
👉🏽The company has teamed up with Jupiter for RuPay Credit Cardholders. This collaboration positions Jupiter Money to extend switching services to any co-branded partner bank offering RuPay Credit
👉🏽Unified Dispute and Issue Resolution (UDIR) platform for UPI Merchants was introduced by the company. This platform is made to speed up the way that businesses receive real-time refunds
👉🏽The company is also working with top PSU banks like Canara Bank, Bank of Maharashtra, TMB etc. On the Fintech side, the company’s clients include Jupiter Money, Easy Pay, Airpay, Decentro, PayFi, Kopay etc
👉🏽The company developed NPCI Certified Payment Switches of IMPS Switch, UPI Switch, MBS for merchants and bridged the gap between banking and fintech ecosystem
The company has onboarded 1,20,000+ sub merchant on the EVOK platform
👉🏽The company currently processes 2 Cr+ daily UPI Transaction for banks, manages 40 Cr+ Mobile Banking Transactions and manages 20 lakhs+ Merchants on the Qynx Playform
👉🏽The company focuses on bridging the gap between banking and the fintech ecosystems through NPCI Certified Payment Switches.
Key highlights from the Q1 FY24 concall of Foods & Inns🥭🍅
CMP - ₹168
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🥭The major competitors of the company in the listed space are Jain Foods. In the unlisted space, their competitors are Capricorn, ABC Fruits, Gala Fruits and Exotic. Capricorn has recently been acquired by VM Foods post NCLT approval.
🥭The company has received their first claim under the PLI scheme of ₹9.71 crore for FY22. The company will be submitting their claims for FY23 soon. The company expects benefits of around ₹20 crore by March 2024.
Key highlights from the Q1 FY24 concall of Saregama🎶🎵🎼
CMP - ₹400
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🎵They have received the approval from NCLT for the demerger of Digidrive Distributors Limited. The demerged entity will have the non-exclusive digital distribution rights for the Carvaan range of products, Open Media’s publication business and Saregama's other non core assets.
🎵Q1 is usually the lowest quarter for the company in terms of revenues and Q3 is the highest. The company is hoping that revenue will build up in Q2 and Q3 and they will see good growth over Q1.
Key highlights from the Q1 FY24 concall of Garware Hi-Tech Films🚗🚗🔥
CMP - ₹1,358
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🚘Though the IPD business division of the company is facing demand challenges, the shrink films and low oligomers segment under IPD have been stable in terms of value and volume. The company has commercialized Pearl float and Solid white shrink films after completing
the trials recently. The company plans to focus more on specialty products like the ones mentioned in the previous point for their IPD division.
Key highlights from the Q1 FY24 concall of Healthcare Global Enterprises🏥🏥
CMP - ₹370
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🏥They made an acquisition in Indore - the SRJ CBCC Hospital. It has a comprehensive cancer center, 50-bed facilities, and it is scalable up to 100 beds with facilities offering medical, surgical and radiation oncology. It's the largest private player and leader in Indore.
🏥This acquisition will help them to grow their presence in Central India, where they have been lacking. They have a strong presence in Maharashtra, Gujarat, Karnataka and East India and this acquisition will help them enter Central India.
Key highlights from the Q1 FY24 concall of Deepak Nitrite🧪🧪
CMP - ₹2,292
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🧪The company recorded the highest production for some of their products in May 2023. The company was able to export key pharma and agro intermediates to China from the last 2 quarters despite the tough global situation.
🧪The company has de-risked its business model by developing alternate sources for their raw materials. The company has secured its supplies with the help of these sources.
Key highlights from the Q1 FY24 concall of PSP Project🏗
CMP - ₹818
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🏗The Order Book stood at ₹5,321 Cr (15% Growth YoY). Government projects comprise of 55% and Industrial, Residential and Institutional comprise of the remaining 45%
🏗The Surat Diamond Bourse won the title of “The World’s Largest Office Building”, bigger than the Pentagon.
🏗As of Q1 FY24, the company has 48 on-going projects of which 79% are based in Gujarat and 21% are in UP.
🏗During the quarter, the company completed 5 projects: