📊𝐀𝐥𝐜𝐨𝐡𝐨𝐥 𝐒𝐭𝐨𝐜𝐤𝐬 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚 🍻🍹

🏷️Market cap above 800 Cr

▪️United Spirits Ltd
▪️United Breweries Ltd
▪️Radico Khaitan Ltd
▪️Tilaknagar Industries Ltd
▪️Sula Vineyards Ltd
▪️Globus Spirits Ltd
▪️Som Distilleries Breweries & Wineries Ltd
▪️GM Breweries Ltd
▪️Jagatjit Industries Ltd
▪️Associated Alcohols & Breweries Ltd

Follow the thread for more details 🧵

Like and retweet if you like the content. 😊 📊𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐩𝐢𝐫𝐢𝐭𝐬 𝐋𝐭𝐝

Market Cap: 78,855.74 Cr.
Earnings per share (EPS) (TTM): 15.58
Price-Earning Ratio (PE) (TTM): 69.60
Industry PE (TTM): 73.61
Book Value / Share (TTM): 93.63
Price to Book Value: 11.58
Dividend Yield: -
No. of Shares Subscribed: 72.74 Cr.
FaceValue: 2.00

Fundamentals: Good
Valuation: Expensive
Recent Quarterly Result: Neutral

▪️𝐀𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐚𝐧𝐲

A subsidiary of global spirits leader, Diageo, manufactures, sells and distributes a portfolio of premium brands such as Johnnie Walker, Black & White, VAT 69, Antiquity, Signature, Royal Challenge, McDowell’s No.1, Smirnoff and Captain Morgan. The company is one of the largest players in the domestic India-made Foreign Liquor (IMFL) industry. Headquartered in Bengaluru, the company's wide footprint is supported by more than 50 manufacturing facilities across states and union territories in India and a strong distribution network.

United Spirits is among the top three spirits companies in the world. USL has a global footprint with exports to over 37 countries. It has established manufacturing and bottling plants in every state of India. In addition, to deliver its products to customers located anywhere in India, USL has established a robust distribution network covering the whole country. The erstwhile McDowell & Co. Limited was first established as a proprietary business in 1826.

▪️𝐂𝐚𝐭𝐞𝐠𝐨𝐫𝐢𝐞𝐬

𝐏𝐫𝐞𝐬𝐭𝐢𝐠𝐞 & 𝐀𝐛𝐨𝐯𝐞 (𝐏&𝐀)

-Upper prestige with 3 brands: Signature, Antiquity and Royal Challenge American Pride.

-Mid Prestige and Royal Challenge brands.

-Luxury: Johnnie Walker

-Premium: Black Dog in the scotch category, Black & White

The premium segment has the highest margin and ROIC

𝐋𝐨𝐰𝐞𝐫 𝐏𝐫𝐞𝐬𝐭𝐢𝐠𝐞 & 𝐏𝐨𝐩𝐮𝐥𝐚𝐫

The co.'s flagship brand, McDowell's

▪️𝐒𝐡𝐚𝐫𝐞𝐡𝐨𝐥𝐝𝐢𝐧𝐠

Promoter: 56.68%
FIIs: 16.51%
DIIs: 12.32%

▪️𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 & 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 (𝐐𝟐 𝐅𝐘𝟐𝟒)

After de-growing for 2 years, the company saw growth in FY22 at 19% in the topline followed by a modest growth of 9% in FY23. 5-year sales CAGR has been at 4% while profit grew at 12% due to margin increase and reduction in interest expenses. It has been reducing debt with almost negligible debt currently.

For FY23 Margins were at 13.5% with RoCE at 19.9% compared to 23% in FY22. Total NSV growth was down 2% from last year. Due to many govt regulatory concerns, the Revenue and operating profits were flat however, the profits jumped due to high exceptional income. The company saw ₹268 crore cost savings.

In Q2 FY24, the EBITDA reached ₹467 crore, reflecting a noteworthy % YoY growth of 21.4%. The standalone gross margin in Q2 FY24 recorded a YoY increase to 43.4%, with a rise of 278 basis points, and this growth was sustained on a QoQ basis. The interest cost escalated to ₹26 crore, marking a significant 24.8% YoY increase due to interest on customs duty. An exceptional gain of ₹31 crore during the quarter resulted from the final tranche of income from the slump sale and is now acknowledged as exceptional income post-fulfilment of customary obligations.

▪️𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥𝐬

Looking at the weekly timeframe, the stock did a Rising Channel formation and currently trending within the formation. RSI & MACD are flat. This channel-biased move may continue. An immediate resistance level is 1122. On the lower side, immediate support is 1045.

📊𝐏𝐚𝐩𝐞𝐫 𝐒𝐭𝐨𝐜𝐤𝐬 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚 (𝐀𝐛𝐨𝐯𝐞 𝟏𝟎𝟎𝟎 𝐂𝐫 𝐌𝐂𝐚𝐩)

▪️JK Paper Ltd - 6599.07 Cr
▪️West Coast Paper Mills Ltd - 4811.33 Cr
▪️Andhra Paper Ltd - 2300.7 Cr
▪️Seshasayee Paper and Boards Ltd - 2246.49 Cr
▪️Tamil Nadu Newsprint & Papers Ltd - 2047.94 Cr
▪️Kuantum Papers Ltd - 1496.57 Cr
▪️Satia Industries Ltd - 1437 Cr

Book Mark this tweet as I will be sharing Fundamentals and technicals of these companies over the weekend.

Currently this sector is available at decent valuation. 📊𝐉𝐊 𝐏𝐚𝐩𝐞𝐫 𝐋𝐭𝐝

Market Cap: 6,565.19 Cr.
Earnings per share (EPS) (TTM): 72.05
Price-Earning Ratio (PE) (TTM): 5.38
Industry PE (TTM): 9.39
Book Value / Share (TTM): 272.05
Price to Book Value: 1.42
Dividend Yield: 2.06
No. of Shares Subscribed: 16.94 Cr.
FaceValue: 10.00

Fundamentals: Good
Valuation: Attractive

▪️𝐀𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐚𝐧𝐲

It is the leading player in office papers, coated papers and packaging boards. The company is a part of the prominent JK Organization.

JK Paper is one of the most respected paper companies in India today. The company’s diversified product portfolio comprises office paper, writing, printing paper, packaging board and speciality paper. It enjoys a rich experience of ~6 decades, enabling it to emerge as one of the biggest wood-based paper companies in India and a leader in the branded office paper segment.

The Company comprises state-of-the-art integrated manufacturing facilities in three locations- Rayagada, Odisha, with an installed capacity of 2,95,000 TPA, Central Pulp Mills in Songadh, Gujarat, with an installed capacity of 1,60,000 TPA and Sirpur Paper Mills in Kagaznagar, Telangana (owned through its subsidiary), with an installed capacity of 1,36,000 TPA.

The company’s product portfolio includes office papers, packaging boards, printing & writing paper and specialty papers. JK Paper has a global presence across 62 countries including the USA, major countries of Europe, the Middle East, Asia and Africa.

▪️𝐒𝐡𝐚𝐫𝐞𝐡𝐨𝐥𝐝𝐢𝐧𝐠

Promoter: 49.64%
FIIs: 10.90%
DIIs: 3.18%
Public: 36.29%

Both FIIs and DIIs increased their stake in the company during Q2 FY24.

▪️𝐅𝐘𝟐𝟑 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐦𝐢𝐱 (𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐰𝐢𝐬𝐞)

Cut size office paper – 40%
Packaging board – 25%
Writing & Printing segment – 25%
Coated paper – 10%.

▪️𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 & 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 (𝐐𝟐 𝐅𝐘𝟐𝟒)

The company’s compounded revenue and profit growth for the last 5 financial years stand at 9% and 28% respectively. The cash flows have also been healthy over the years. The return ratio profile has been fairly healthy over the past 4 years which has been aided due to improved growth in profitability. The working capital days have also been improving over the years on account of lower receivable days.

For the financial year 2022-23, the consolidated net profit amounted to Rs 1,208.22 crore, in contrast to Rs 543.82 crore in 2021-22. In terms of consolidated revenue from operations, FY23 recorded Rs 6,772.17 crore, up from Rs 4,244.33 crore in FY22.

For Q2 FY24, the company posted a stagnant quarter with muted growth in its operating profits and bottom line. Margins were around the lower end. The quarter witnessed challenges stemming from lower sales realization and higher input costs coupled with reduced demand during the quarter. However, there has been a recent positive trend in the demand for the Packaging Board, coupled with a notable increase in selling prices across all product segments.

Furthermore, the company made strategic moves during the quarter by securing Board approval for the entry into a Share Purchase Agreement (SPA) to acquire 100% shares of Manipal Utility Packaging Solutions Private Limited (MUPSPL). The acquisition, scheduled to conclude within the next four weeks, is contingent upon fulfilling conditions outlined in the SPA.

▪️𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥𝐬

Trading at the resistance level and trading within an Inside bar pattern whereas technical indicators are bullish, if the price trades Inside bar 408 more upside is expected price can test the next resistance 453. Support is 364 on the weekly chart.

📊Top 10 Useful Websites For Fundamental Analysis

I strongly recommend beginners to do not waste money in terms of premium subscriptions. Most of the features are absolutely FREE in below mentioned websites.

A Thread 🧵 1. GoIndiaStocks - goindiastocks.com

It is Absolutely FREE.

📊Top 10 Useful Websites / Apps for fundamental analysis

A Thread 🧵 1. Screener - screener.in

📊How to get stock / investor related news updates immediately.

A Simple Thread 🧵 1. Search for Google Alerts

📊NIFTY MAJOR SECTORIAL INDICES

A Thread 🧵 NIFTY Auto Index

📊MAJOR IT STOCKS AND HIGH LEVEL DETAILS

A Thread 🧵 📊TATA CONSULTANCY (#TCS)

💥Fundamentals: very good

💥Valuation: Expensive

💥Q1 FY23 result:

🏷Net Sales up 4.28% QoQ, Up 16.18% YoY

🏷Net profit down 4.51% QoQ, Up 5.22% YoY

💥Attrition Rate: 19.7%

💥Technicals: Slightly Bearish.

💥Below 50 day, 200 day moving average

📊TATA POWER COMPANY LIMITED (#TATAPOWER)

💥CMP: 231 Rs, Market Cap: 74,148 Cr

💥EV Charging Solutions + Renewable Energy

💥Business Analysis. A Thread 🧵 🌁BUSINESS

Established in 1915.

India’s largest integrated power company has a presence across the power value chain.

Involved in the business of generation (Thermal, Hydro, Solar and Wind), transmission and distribution of electricity.

📊TATA ELXSI LIMITED (#TATAELXSI)

🏷Market Cap: 52,550 Cr

🏷One of the World’s leading provider of design and technology services across industries including Automotive, Broadcast & communications and Healthcare

💥Business Analysis

A Thread 🧵 🌁BUSINESS

🏷Part of prestigious TATA Group

🏷Established in 1989, A forward looking IT business

🏷Company earns revenue primarily from providing information technology, engineering design, systems integration & support services, sale of licenses and maintenance of equipment

📊ICICI BANK LTD (#ICICIBANK)

🏷CMP: 688, Market Cap: 4,77,987 Cr

🏦Business Analysis

🏷ICICI Bank Limited provides various banking products and financial services in India and Internationally.

A Thread 🧵 🌁HISTORY

🏷Incorporated in 5 January 1994 (28 Years ago)

🏷Founded as the Industrial Credit and Investment Corporation of India Bank, before it changed its name to ICICI Bank. The parent company was later merged with the bank.

🏷Launched internet banking operations in 1998

📊My Top 10 Favourite YouTube channels for Stock Market.

A Thread 🧵

Feel free to add if I missed any. 1. SOIC - youtube.com/c/SOICfinance

📊Top 10 Useful websites / Apps for Fundamental Analysis

A Thread 🧵 1. Screener - screener.in

📊JUBILANT FOODWORKS LTD (#JUBLFOOD)

🌁Fundamental Analysis

✴️One of the largest food service company in India

✴️Domino’s Pizza + Dunkin Donuts + Hong’s Kitchen + ChefBoss + Ekdum + Popeyes

✅1396 Restaurants, 12 Supply chain / Distribution centre’s, Presence in 293 cities ✅Experienced Management

✅Countrywide presence and International expansion (Srilanka & Bangladesh)

✅Customer focus & innovative marketing
🏷30 Min or Free
🏷Domino’s gift voucher during Raksha Bandhan etc
🏷World pizza league during cricket World Cup
🏷All night delivery