Jindal Saw conducted Q3 FY24 conference call on 17 January 2024

Here are the key highlights from the call👇👇👇 Business Overview:

- Co. was able to deliver highest results for the quarter & from past few quarters co. is able to breach its benchmark performance.

- Subsidiaries are also performing very well especially the Abu Dhabi is doing exceptionally well.

- Q4 is usually the strongest quarter for the co.

HDFC Life Insurance Co. Ltd Conference Call Q3 FY24 (13th January, 2023)

@dmuthuk

Here are the key highlights from the Earnings conference call👇🏻👇🏻👇🏻 • Key Highlights:

- Continues to rank amongst the top 3 life insurance amongst the individual and group businesses

- QoQ sequential APE growth was 8%, which is lower than expectations due to slower pace of recovery in ticket sizes above 5L but ticket sizes upto 5L has grown well at 17%

- Massive allocation in equity market due to the buoyant market

- Co. witnessed postponement in demand for specific cohorts due to the prevalence of high short term interest rates

- No. of policies sold continues to clock a healthy growth of 9%

- Ticket sizes above 5L saw a significant drop in wealth channel but the percentage of wealth channel overall is low and co. is seeing a reversal in all their bank partners channels for this ticket size growth

- Avg ticket size remained stable despite the impact on high ticket size business

- Growth from tier 2 and tier 3 markets remain strong witnessing double growth of the co.

- Product mix remains balances with non savings and participating products at 28% each, ULIP at 32%, Annuity and Protection at 7% and 6% respectively

- Private market share stood at 19% overall for 9 months FY24

- LIC has been very calibrated in the way they’ve approached pricing and underwriting for all categories of product and co. believes they would continue on that path

Defense Sector : Techno Funda Analysis

We have analyzed all the Defense sector cos. [abv. Rs. 500cr. Market cap] on Techno Funda basis

Here are the potential stocks to watch out for.

[RT for max reach 🙏]

🧵👇 BEML

- There is seasonality in sales. June sales were ATH compared to previous June results

- Co. was not able to outperform in March 2022 hence share price has remained volatile & sideways

- Share price can easily break its ATH if it gives improved results in coming quarter

Paper sector : Techno Funda Analysis

Many paper companies have given one of the highest ever sales & profit.

We have analyzed all the paper cos. [abv Rs.100crs Market Cap.] on Techno Funda basis.

Here is the watchlist of Potential Multibaggers.

[RT if found useful🙏]

🧵👇 West coast paper

- June quarter is mostly muted. But, this June result is exceptional. Sales and Op. profit are ATH

- Co. has broken its 4 year all time high and has risen more than 35% after results.

- New entries will have an inherent risk. But the stock is at fair valuation

Auto Ancillary sector : Techno Funda Analysis

We have divided all the Auto ancillary cos. on Techno funda basis (more than 1k cr market cap)

Here is the Potential watchlist of cos. to be watched out during upcoming results 1. Sharda Motors

- Share price is almost at all time high (ATH) & has broken its 5 years ATH

- March results were at all time high. Even though June quarterly results come less than that of march

- If June results are better than of June 21 then the share price might rise.

Thread on Newly listed loss making Unicorns

@RajeevThakkar Sir on the recent FoF meeting at @PPFAS has shared his learning on recently listed IPO's

Key highlights and our Inputs

Thread
🧵👇 Most of loss making IPO, after their debut has shown huge wealth destruction. Investors post correction are now skeptical on how to take these companies in their portfolio.

Whether to hold or average down the share?
Whether to make new investment?
How to Value these Business?

Detailed Company Analysis & Industry Anlaysis we have covered so far.

🧵👇 Detail Company Analysis

1). Black Rose: Specialty Chemical Co. manufacturing Acrylamide & Polyacrylamide.

https://twitter.com/tycoonmindset05/status/1300807519237885952

TCS has recently announced Buyback via Tender Route:

Buyback Size: Rs 18,000cr
Buyback Price: Rs 4,500
Buyback Shares: Rs 4cr
Buyback as a % of Capital: ~1.1%
Last Traded Price: Rs 3,965

Lets dive in on How to make this buyback play successful?
🧵👇 Firstly for those who want to understand the Buyback play in detail, can refer our Mega Thread.

Also go through the last year buyback play of TCS.

https://twitter.com/tycoonmindset05/status/1433060034267680779

Potential Multibagger stocks on the basis of techno funda divided in 3 categories

a. Share Price, Sales & Profit at all time high
b. Sales & Profit ath but not Price
c. Dark horses

Sectors covered

Automobiles
Banks
Bearings
Cables
Capital goods (electric & non electric)

🧵👇 Automobiles

Tata motors (invested)

“How to Pick good & safe companies in Sugar Sector”

Thread 🧵👇 Where We are?

Firstly, Sugar is a cyclical business. Ethanol theme is just a tailwind, the industry has not shifted from cyclical to structural.

Let us understand one thing
"Out of all the investor less than 0.5% of investor actually know where we are at the Sugar Cycle"

Framework on Buyback covered till now.

This Mega Thread covers our entire thesis on this buyback special situation play, across different sectors & our experience with it.

{Thread of Threads}
🧵👇 Basic of Buyback

https://twitter.com/tycoonmindset05/status/1432673201675374596

BASICS OF Buyback:

This thread is important for every investor who invest in Equity Market

Topics Covered:
1. What is Buyback?
2. Why buyback is important for every investor?
3. How to invest & participate in Buyback?
4. What not to do to avoid Buyback failure?

🧵👇 What is Buyback?

When a company repurchases its outstanding share from the market it is a case of Buyback.

Buyback reduces the number of shares from the market, and automatically increases the value of remaining shares. However, the cash of the company gets deployed.

Miyamoto Musashi, a legendary samurai, was known for his undefeated streak of 61 duels.

He wrote 21 Timeless Principles named 'Dokkodo' which has inspired millions of people to walk their journey of life with Unwavering Focus.

Thread 👇 1. Accept everything just the way it is.

2. Do not seek pleasure for its own sake.

3. Do not, under any circumstances, depend on a partial feeling.

Eclerx Services Buyback: Understanding whether buyback is favorable or not?

Buyback Price: Rs 3,200
CMP: Rs 2,170
Buyback Amount: Rs 303 cr
Buyback Spread: 42%
Buyback Route: Tender Route
Theoretical Acceptance Ratio: 6%

Thread (🧵👇) Buyback Calculation:

In order to participate in retail category one can apply for less than 90 number of shares.

As per AR 2020, number of shares in hand of retailers is around 22 Lacs (Assuming nos. in conservative manner).

Interesting Facts about Tyre Industry and, where JK Tyre is Positioned.

"Indian tyre Industry poised to grow at early double digit for the coming few year"

Source: From Business Indian Magazine

Do like and retweet to spread knowledge with maximum 🧵👇 India has prominent place in Tyre industry.

Out of top 25 global tyre business, India has 4 prominent players
- Apollo tyre: Ranks 14
- MRF rRanks 15
- JK Tyre Ranks 24
- Ceat Tyre Ranks 25

In India, 41 tyre companies operate in India with 66 tyre plants spread across country.

Roadmap for Ethanol blending In India 2020-25:

Decoding the opportunities in Ethanol Blending in India and how certain sector can benefit out of it.

Retweet for maximum reach to spread knowledge. 🙏🙏

🧵👇 Data-facts:
• 98% of India fuel requirement in road transportation is met through fossil fuel.
• Bio fuels only consist about 2% of use for road transportation.

Sequent scientific concall was today at 9:00 am

" Sequent 2.0 will be changing the company from branded generic animal company to specialty pharma. "

Here are the key highlights 😀 Overview

- This year has been a landmark year for sequent

- The better days are ahead as animal industry

- Globally animal health industry got distinctly got separated.

- Company was partly insulated against the effect of covid

Kiri Industries Ltd conducted there conference call today at 2:00 PM

Here are the key concall highlights.😀 Business Updates:
• Standalone Revenue increased 30%.
• Operating Expense is constantly look, & was down 24% QoQ o last year.
• Gross margin has been back to pre-covid level.
• Co. has been debt free, hence interest cost decreased.

Sugar Industry: Decoding the major trend in Sugar Industry & Understanding the Filters to seize the good companies in this cyclical industry.

Retweet for maximum reach to spread knowledge. 🙏🙏

🧵👇 How Sugar is Made?

- Sugar is mainly made from sugarcane, of which 20% is made from Sugar Beans.
- Depending on variety & sowing time, growing cycle of sugarcane is 1-1.5 years. As the cane grows, it is sent to mills for processing.

Anupam Rasayan India Ltd conducted their conference call today at 4:00 pm.

" Continue to focus on cost efficiency and improving productivity."

Here are the key takeaways 😁😁... Business Report
- This 37 year track record holder in custom synthesis has strong growth during this period.

- With strong client base of about 18 MNC and other 65 clients they have strong demand hold.

- At present the company has 6 manufacturing facilities.

Kajaria Ceramics, conducted their conference call today at 4:00 pm.

Here are the key takeaways 😀 Business Updates:
• Achieved highest ever turnover in Q4, led by higher utilization, land efficiency and industry growth.
• Utilization- 98%
• Volume growth: 34%.
• Bath-ware segment growth: 72%
• April Sales was 75% of target, May company did 35% of target and in June 75%+.