This One Beat EBITDA Estimates, And The Stock Is Still Down From Its Peak
Zudio at 982 stores and accelerating into smaller cities, margins expanding 208 basis points, private labels at 73% of Star Bazaar revenue Sometimes the most interesting moment to look at a quality retail business is not when everything is going right, but when the operating delivery is strong and theContinue Reading
The Back-Half of the Quarter Told a Very Different Story For This Company
Sales grew 20%+ in the second half of Q1, June and July accelerating into festive season, 371,000 direct outlets and adding 50,000 more in FY27 The headline Q1FY27 numbers for Bikaji Foods — revenue growth of 12.5%, EBITDA up just 3%, PAT flat year-on-year — do not capture the storyContinue Reading
The World’s Third-Largest Desalination Company Is Listed in India
125 proprietary technologies, a Rs 166 billion order book, net-cash balance sheet, and structural demand from water scarcity, data centres and semiconductors There are companies that operate in industries so obviously important that it is surprising more investors are not talking about them. Va Tech Wabag — a century-old waterContinue Reading
Leap India Ltd IPO: What You Should Know
India’s largest on-demand asset pooling player heads to the mainboard with a Rs 2,480 crore issue — a virtual monopoly business An asset pooling company with 14.70 million assets and over 1,000 customers plans to raise Rs 2,480 crore via a mainboard listing on BSE and NSE. Leap India Ltd.Continue Reading
Optimystix Entertainment Ltd SME IPO: What You Should Know
The 25-year-old production house behind Comedy Circus, Crime Patrol and Baalveer opens its Rs 108.50 crore NSE SME Emerge Optimystix Entertainment Ltd. (OEL) is one of India’s older content production houses, founded in 2000. Its business is straightforward — it creates and produces content for television, films and digital platformsContinue Reading
LAPL Automotive Ltd SME IPO: What You Should Know
An Aurangabad-based auto components maker opens its Rs 32.40 crore BSE SME issue LAPL Automotive Ltd. (LAL) is an integrated auto components maker that supplies to a broad slice of the vehicle industry — passenger vehicles, commercial vehicles, two-wheelers and electric mobility. Its product basket is wider than most SMEContinue Reading
Technocraft Ventures Ltd IPO is Open: What You Should Know
A public infra EPC player with a Rs 1,235.90 crore order book has hit the market with a Rs 251.88 crore mainboard issue Technocraft Ventures Ltd. (TVL), an EPC contractor working on water, wastewater, roads, transmission and urban infrastructure projects, is open for subscription. Technocraft Ventures Ltd. (TVL) is aContinue Reading
Ardee Industries Ltd IPO: What You Should Know
One of India’s leading lead recyclers heads to the mainboard with a Rs 425.87 crore issue — riding a sharp jump in revenue and margins that investors will want to unpack. Ardee Industries Ltd. (AIL), one of India’s leading players in the recovery and recycling of end-of-life energy storage productsContinue Reading
This Engineering Company Grew Revenue 110% CAGR Since Its Founder Came Back
Steel capex, naval modernisation, three strategic acquisitions and a merger that creates a vertically integrated platform There are turnaround stories. And then there are turnaround stories where the engineering revenues grow from Rs 501 million to Rs 10.5 billion in four years — a compound annual growth rate of overContinue Reading
This Company’s Auto Volumes Were Spectacular, Not Its Margins
Revenue up 35.9%, domestic volumes up 34%, SUVs up 35% — but commodity inflation and a settlement cycle change crushed EBITDA by 18.7% versus estimates Maruti Suzuki’s Q1FY27 was a tale of two numbers. The volume and revenue story was genuinely impressive — 29.3% overall volume growth, domestic up 34%,Continue Reading