Orient Technologies Ltd
CMP: 419
Shriram Finance mngmt Says Have Not Seen Any Slowdown In Credit Demand For Co
Will Replicate H1FY25 Performance In H2
Festive Demand Was Good Across Urban & Rural
Govt Spends On Infrastructure Reduced, Need That To Improve
Expect Double-digit Growth In Gold Loan Portfolio
Credit Cost Was Around 1.8%, Will 4.50 Maintain It Below 2% For FY25
7) Financial Performance Highlights for H1 FY25 (yoy)
👇👇👇
H1FY25 Vs H1FY24
👉Rev: 38.4Cr vs 24.3Cr🔥
👉PAT: 5Cr vs 2.8Cr🔥
5) CLIENTS
👇👇👇
👉L&T , INDIAN RAILWAY , RRVPNL , POWER GRID , ULTRATECH CEMENT , WONDER CEMENT & ETC
3) CAPACITY EXPANSION : BACKWARD INTEGRATION
👇👇👇
👉 Plant – I under development;
location: G-249, Kota-5 ,Purchased 2018 , 85% work complete, Office premises fully completed and operational, Ancillary manufacturing part will be operational by Fiscal 2025-26.
👉 Plant – II under development; location: B-16, IPIA, Kota-5 , Purchased 2021 ,
No constructions , Ready by January 2026 , Will be used as a plant for
full-fledge manufacturing
More detail
E) Substation
👇👇👇
👉Empower your electricity distribution with advanced substations. Engineered for efficiency and reliability, our substations ensure seamless power transformation and distribution.
C) Monopoles
👇👇👇
👉Monopoles offer a smaller footprint and faster erection compared to traditional
lattice towers, making them an ideal choice for power transmission in densely populated urban areas where Right of Way (ROW) is a critical concern.
👉 #KCEIL specialize in turnkey transmission line projects using monopoles and have successfully collaborated with leading public sector undertakings (PSUs) to deliver innovative and efficient solutions for power transmission.
👉Custom-designed monopoles meet
specific needs like span, angle, and cross-arm height. Ideal for height raising over railways and highways, they ensure
higher clearances. Single-sided and multi circuit monopoles optimize ROW usage in urban areas.
A) POWER TRANSMISSION LINES
👇👇👇
👉COMPREHENSIVE VOLTAGE RANGE -
Company excels in constructing and installing Extra High Voltage (EHV)
transmission lines, ranging from 132kV to 765kV, meeting the diverse needs of
regional and long-distance power transmission.
👉 END-TO-END SOLUTIONS -
#KCEIL provide complete services, including design, procurement, construction, testing, and commissioning, ensuring reliable and efficient power networks with afocus on safety and regulatory compliance.
👉 PROVEN TRACK RECORD - With extensive experience, advanced technology, and a skilled workforce, Company deliver high-quality projects on time, supporting critical energy infrastructure development across various industries.
1) About the company
Kay Cee Energy & Infra Ltd is in the EPC business
#KayCeeEnergy has ISO 9001:2015 certified organization specializing in EPC projects dedicated to the power sector. #KCEIL have more than 27 years of experience in EPC projects highlighting our credibility and expertise in this specialized area of power , transmission & infrastructure.
Why I am bulls on power transmission sector ?
Some key points and data about power transmission sector
HIGH INDUSTRY DEMAND
1) Projected Power Demand and Required Investment
👇👇👇
👉India is expected to face a power demand of 277 GW by 2027, necessitating a significant investment of Rs 4.25 trillion in power transmission infrastructure, according to the latest National Electricity Plan (NEP) released by the Central Electricity Authority (CEA), the technical arm of the Ministry of Power.
2) Planned Expansion in Transmission and Transformation Capacity
👇👇👇
👉To meet the demand,NEP-transmission outlines the construction of 114,687 circuit kilometers (ckm) of transmission lines and 776,330 MVA of transformation capacity (220 kV and above) by 2027. Additionally, the plan includes adding 1 GW of High-Voltage Direct Current (HVDC) bipole capacity between 2022 and 2027.
Huge demand in Power Transmission and distribution sector
Kay Cee Energy & Infra Ltd one of the under valued company
RAYMOND
The beginning of a megatrend...!!!
The real estate and lifestyle demerger has given huge value unlocking to investors. The recent update on the demerger of the engineering division from real estate could add further value to the stakeholders..!!
The new companies and their businesses..
✅ RAYMOND REALITY: Pure real estate play
✅ RAYMOND LIFE STYLE: Branded textile
✅ RAYMOND Ltd: Engineering 2 subsidiaries+Denim
Raymond Ltd would be focusing on sunrise sectors after demerger. Within the two subsidaries, one will be focusing on auto parts + EV-related products, and the other will be focusing on aerospace + defence etc.
Tomorrow one interesting company analysis will share stay tuned 😊🙏
Читать полностью…
🎖️Maharashtra NDA Win: Beneficiary Companies
🎖️12 Companies that will benefit from BJP win in Maharashtra
Projections FY26
REV : 9400 Cr
PAT : 282-329 Cr
Optimistic Scenario
FY26
REV : 10,000 Cr
PAT : 300-350 Cr
Bear Case
FY26
REV : 9200 Cr
PAT : 276-322 Cr
Also possibility of re rating in future
KIMS Mngmt Says Avg Rev Per Occupied Bed Is Also Expected To Rise In Q3
Q3 Is Generally A Weak Qtr But Expect Good Growth Due To Addition Of Facilities
Existing Beds Occupancy May Rise, Cons Occupancy May Remain Same Or Slightly Decline
PROJECT CAPABILITIES
👉PROJECT EXECUTION CAPACITY -
#KCEIL have the capability to independently execute projects worth up to ₹200 crores, showcasing company strength in delivering substantial infrastructure solutions.
👉STRATEGIC PARTNERSHIPS -
Due to the rising demand for largerscale projects, #KCEIL strategically collaborate with industry leaders to effectively manage and execute these opportunities. Company have formed collaborations with prominent engineering companies like Sterlite Power Transmission Limited and Jost Engineering Limited, enabling Company to jointly bid for and execute larger, complex projects
6) ONGOING PROJECTS
👇👇👇
👉Bhawani Mandi
👉Deposit work of wonder cement
👉Gangdhar Line
👉PowerLink Morak-Bhawanimandi
4) ORDER BOOK
👇👇👇
👉Huge Orderbook of 520cr, FY24 revenue is 64cr
👉110+cr worth of order received in H1 FY25. Primarily from railways, solar, and renewable energy sectors.
System (ERS) structures are a temporary solution designed to bypass the existing transmission towers of any voltage in any terrain. They will be used until the main line is reconstructed or restored. The entire structure can then be disassembled and reused.
👉COMPANY SOLUTIONS - The unique feature of ERS structure is that they are made of high strength steel instead of High Strength Aluminium. Our company has successfully used the technology to restore the EHV Lines up
to 400 kV Level using this technology without human need at towers saving life risk
D) OVERHEAD TRANSMISSION LINES
👇👇👇
👉An overhead transmission lines are generally used mode of power transmission using lattice tower structures.
👉The critical components of Overhead Lines are Lattice towers, insulators, conductor, hardware fitting and accessories, Earthing Material and tower accessories etc.
👉The survey, profiling and tower spotting are the main critical activities before erection of towers and laying of Lines.
👉The overhead transmission line construction mainly involves the Civil Foundation of Structure in various type
of soil, Erection of Lattice towers, Erection of Lines accessories on towers and stringing of conductors along with testing and commissioning.
B) Underground Electric Transmission Lines
👇👇👇
a) Overview
👉Undergrounding is an alternative to overhead power transmission, offering low visibility and resilience to adverse weather conditions such as winds, freezing, lightning, and cyclones
b ) KEY ADVANTAGE
👉Reduced weather-related damage.
👉No risk of fire.
👉Lower electromagnetic field (EMF)
emissions in nearby areas.
👉Requires a smaller installation footprint (1 to 10 meters).
👉Reduced risk of theft and unauthorized connections.
c) Cost-Effective Solution - Underground cables are highly protected and more economical in the long run due to their durability and lower maintenance needs.
2) SERVICES
A) Power Transmission Lines
B) Underground Electric Transmission Lines
C) Monopoles
D) Overhead Transmission Lines
E) EHV Substations Emergency Restoration System
A complete Analysis about KCEIL invester presentation
Читать полностью…
CAMS Mngmt Says
Revenue Growth Seen Across The Board In Quarter Gone By
Revenue Growth Of High 20% In H2FY25 Vs Earlier Guidance Of 20%
Absolute EBITDA Growth To Be Approx 30% For FY25
Both MF & Non-MF Biz Seeing Strong Growth
Growth In Asset Base Outweighs Impact From Telescopic Pricing
Both MF & Non-MF Biz Seeing Strong Growth
Growth In Asset Base Outweighs Impact From Telescopic Pricing
𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐢𝐧 𝐅𝐈𝐈 𝐚𝐧𝐝 𝐃𝐈𝐈 𝐬𝐭𝐚𝐤𝐞𝐬!
Top 15 Stocks with Increased FII and DII Holdings!🎯📊
1-Indigo Paints Ltd
2-Cyient DLM Ltd
3-Hi-Tech Pipes Ltd
4-Zen Technologies Ltd
5-Medi Assist Healthcare Services Ltd
6-Shaily Engineering Plastics Ltd
7-Electronics Mart India Ltd
8-Bharat Bijlee Ltd
9-Glenmark Life Sciences Ltd
10-Techno Electric & Engineering Company Ltd
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@companyupdate
🟢Maharashtra NDA Win Beneficiary Companies
1. Gala Precision Engineering Ltd
2. CESC Ltd
3. Capacite Infraprojects Ltd
4. PNC Infratech Ltd
5. Ashoka Buildcon Ltd
6. KNR Constructions Ltd
7. CESC Ltd:
8. BIGBLOC Construction Ltd
9. GE Power India Ltd
10. NBCC (India) Ltd:
11. HPL Electric & Power Ltd
12. Ceinsys Tech Ltd
Garware Technical Fibres Exploring $20-Million Acquisition In Europe, Says CMD
Garware Technical Fibres Ltd. is actively on the lookout for an overseas acquisition worth about $20 million, said Chairman and Managing Director Vayu Garware. The top executive, speaking to NDTV Profit, said that since it will be the company's first ever acquisition, the size may not be big. “We will continue to look at the opportunities of M&As (mergers and acquisitions).
Size will not
initially be very large. We're looking at the $20-million range. It's very easy for us to digest,” he said.
However, there are a few prerequisites that the company looks for before acquiring a business. “It should be a business we understand well, products we understand well, and things that we can add value (to). That's a very core part of our strategy for acquisition,” Garware said.
He said that the company’s focus for this (acquisition) will remain outside India, “probably Europe”.
“A large part of our business is in Europe. Many of our customers also want us to be closer to them. For example, there have been so many challenges in the global supply chain. That's been one of the key drivers. So, yes, Europe is probably our primary target right now,” Garware explained.
The CMD asserted that there will be no impact on the return on capital employed due to a future acquisition. “If there is an acquisition that is significant, then we'll have to see at that time. But, in the normal capex, no,” he said.
Going forward, the company is “looking at aggressively growing”, and it is increasing its capital expenditure to meet this goal.
“We have good opportunities, including in value-added growth space, in some of these areas where we're increasing the capex,” Garware revealed.
The top executive further noted that the focus of his company was “always on profit growth”. Elaborating, he said, “So 20% profit growth is something that is very much on our plan. And we hope that we will be close to that.”
“This quarter, particularly, we've really been driven by the global aquaculture business as well as our geosynthetic business. The infrastructure investment in India driven hard by the government has been a very positive area for us, including soil reinforcement structures and things like that. So we are quite bullish on that area,” Garware noted.
P N Gadgil
I have added more today with a longer term horizon
- FY24 REV : 6032 Cr
- H1FY25 REV : 3650 Cr
Guidance
- FY25 : 8000 Cr
- FY26 : 9400 Cr
Growth momentum to continue in H2 led by strong wedding season
Growing 40 %, can surpass the guidance
During Navratri added 9 stores in 9 days
Total store tally count : 48
Tanishq has around 65-70 stores in Maharashtra, plans to surpass in next 2 years
Store Expansion rate @ 20+ %
Future Expansion plans
~ MP, Bihar, UP, Chattisgarh
Stud ratio currently near 11 %, targeting 15 % in next 2 years
Finance cost will reduce as they pay their borrowing & increase GML share
Margins will expand going forward
- They are moving from non retail portfolio as margins are lower
- Reducing finance cost
- Increase in studded share
- Operating leverage as stores mature
Also incurred inventory loss of 18 Cr during the quarter, this is one off in nature
Gross Margins will improve to 11-12 %
Hedging will increase to 70 % in H2
Mcap : 8450 Cr
Normalised PAT margins : 3 %
So Adj PAT : 240-250 Cr
Trading near 35 x on FY25 basis
Valuations are looking attractive if I compare with peers
Not a reco to buy/sell
Will keep tracking & updating
