Venus Pipes🎉 (Concall in simple words)
💎 Significant growth guidance
✅ Highest ever qtrly revenues ₹207 Cr
✅ PAT 106% YoY
✅ High-margin seamless pipes rev: 56%
✅ Guidance for FY'24 is a growth of 45% to 50%, with expectations of 30% to 40% growth for FY'25
1️⃣ Q3 FY24 Results
▫️Revenues ₹207 Cr (+52.2% growth)
▫️PAT ₹23.3 crores (+106% YoY growth)
▫️High-margin seamless pipes rev 56%
▫️Export contribution increased to 17%
2️⃣ Expansion and Capacity 💡
▫️ Seamless pipes CapEx: 9.6k MTPA to 14k MTPA by Q4 FY24
▫️ 46% Capex for High-margin business (Beauty)♥️♥️♥️
▫️Approvals for higher diameter welded pipes (SS pipes market size in India: ~3 lakh tons/yr)💡
3️⃣ Sustainability and Growth Strategy
▫️1.3 MW solar power system installation
▫️Margins to increase by 50% incrementally
4️⃣ Guidance and Market Outlook 💡
▫️FY'24 growth: 45%-50%
▫️FY'25: 30%-40%
▫️Focus on critical products, new markets like US, ME, Africa
▫️Sustained demand for stainless steel pipes and tubes
💎 Significant growth guidance
✅ Highest ever qtrly revenues ₹207 Cr
✅ PAT 106% YoY
✅ High-margin seamless pipes rev: 56%
✅ Guidance for FY'24 is a growth of 45% to 50%, with expectations of 30% to 40% growth for FY'25
1️⃣ Q3 FY24 Results
▫️Revenues ₹207 Cr (+52.2% growth)
▫️PAT ₹23.3 crores (+106% YoY growth)
▫️High-margin seamless pipes rev 56%
▫️Export contribution increased to 17%
2️⃣ Expansion and Capacity 💡
▫️ Seamless pipes CapEx: 9.6k MTPA to 14k MTPA by Q4 FY24
▫️ 46% Capex for High-margin business (Beauty)♥️♥️♥️
▫️Approvals for higher diameter welded pipes (SS pipes market size in India: ~3 lakh tons/yr)💡
3️⃣ Sustainability and Growth Strategy
▫️1.3 MW solar power system installation
▫️Margins to increase by 50% incrementally
4️⃣ Guidance and Market Outlook 💡
▫️FY'24 growth: 45%-50%
▫️FY'25: 30%-40%
▫️Focus on critical products, new markets like US, ME, Africa
▫️Sustained demand for stainless steel pipes and tubes
👍14❤9
Thread 🧵
https://twitter.com/MicrocapsPraWin/status/1758046696960045257?t=Cl0GVlb5pqbltiAidh78Ng&s=19
https://twitter.com/MicrocapsPraWin/status/1758046696960045257?t=Cl0GVlb5pqbltiAidh78Ng&s=19
X (formerly Twitter)
PraWin (@MicrocapsPraWin) on X
Venus Pipes🎉 (Concall in simple words)
💎 Significant growth guidance
✅ Highest ever qtrly revenues ₹207 Cr
✅ PAT 106% YoY
✅ High-margin seamless pipes rev: 56%
✅ Guidance for FY'24 is a growth of 45% to 50%, with expectations of 30% to 40% growth for FY'25…
💎 Significant growth guidance
✅ Highest ever qtrly revenues ₹207 Cr
✅ PAT 106% YoY
✅ High-margin seamless pipes rev: 56%
✅ Guidance for FY'24 is a growth of 45% to 50%, with expectations of 30% to 40% growth for FY'25…
❤8👍8👏1
What plays a crucial role in earning huge returns ?
Anonymous Poll
12%
Knowledge
29%
Patience
72%
Both
👍21
MicroCaps PraWin
Found one Good news: Capex, volume spikes into consolidation Bad news: ▫️The chemical sector has temporarily headwinds ▫️It can remain in consolidation some more time looking at the chart ▫️Buying levels are not yet come ▫️To be tracked , watchlist candidate.…
I added my first token amount today.
Will complete buying if it moves 20-30% on the higher side and consolidates.
Will complete buying if it moves 20-30% on the higher side and consolidates.
👍20🤔2🥰1
Booked some profit in one of the stock. No money left, waiting for salary.
👍21😁9🥴8
This is not a buying recommendation.
Do study. I bought mainly on Capex news.
And some volume spikes recently in consolidation. It can take a lot of time to come out of consolidation. I'm ready for that.
If it goes down(as some people like to dump the stock that I share), I am fine, I cannot control that.
Do your due diligence before buying or selling or holding. This is only for study purposes
Do study. I bought mainly on Capex news.
And some volume spikes recently in consolidation. It can take a lot of time to come out of consolidation. I'm ready for that.
If it goes down(as some people like to dump the stock that I share), I am fine, I cannot control that.
Do your due diligence before buying or selling or holding. This is only for study purposes
👍30
Entered Deep Polymers at 101, deleting the screenshot to avoid misuse
👍67🔥9👌1
MicroCaps PraWin
Rain Industries CMP 187 Good bullish setup with aggressive volume Short term, keep tracking
187 to 198
Safe traders, exit
Safe traders, exit
👍14❤3
क्या में उस स्टॉक का नाम लेलू?
Anonymous Poll
23%
नहीं भाई, थक चुके है LC देख देख कर, जाने दो ऊपर
77%
हा, लेलो भाई, करो और ego hurt किसिका, और भुगतो 😄
🤣29👍9😁5🤔1
MicroCaps PraWin
Venus Pipes ▫️ 1370 to 1430, so far on X. I'm holding from 900₹ levels, disc. ▫️ Have repeated many times ▫️ Not because I'm invested, but because it is one of the best technical setup for good business ▫️ About to start the rally ▫️ Targets? Chart speaks.
1370 to 1675
Venus Pipes.
This is why I was pushing on this many many times, hope you made some in it
22% up
Venus Pipes.
This is why I was pushing on this many many times, hope you made some in it
22% up
❤30👍5🔥1👏1😭1
MicroCaps PraWin
Goa Carbon, looking good on chart. Great revenues last 3 years. I'm not invested yet, no funds.
Goa Carbon
573 to 924 in a month
61% move
573 to 924 in a month
61% move
❤34🔥13👍8😭2🤨1
If everything you're getting free, show some love by sending Free Likes & Retweets on Twitter 😉
Thank you 🙏
Thank you 🙏
👍265❤177🔥16👏16
Premier Polyfilm 🎉
✅ CMP ₹169
✅ Market Cap ₹355 Cr
✅ Good business, good Revenues yoy
✅ Timely buying can be seen on chart
✅ Nearing a breakout of a small little tight range.
⚠️ No buy sell hold reco, study purpose content
https://twitter.com/MicrocapsPraWin/status/1758702909146226926?t=bgbGVJS6L-GMs0wfPMOX3Q&s=19
✅ CMP ₹169
✅ Market Cap ₹355 Cr
✅ Good business, good Revenues yoy
✅ Timely buying can be seen on chart
✅ Nearing a breakout of a small little tight range.
⚠️ No buy sell hold reco, study purpose content
https://twitter.com/MicrocapsPraWin/status/1758702909146226926?t=bgbGVJS6L-GMs0wfPMOX3Q&s=19
👍69🔥5
I had told to book Ganga forging many times on telegram.
It went to 17₹ from 6₹
Almost Trippled the capital. I had asked to book it on 11,13,15 many times for those who panicked. If somebody is a real long term Investor, they focus on business & not stock price.
Even on 6-7₹ it was not trading in circuits.
This risk will always be there in Microcaps & Smallcaps. If you panic looking at such things, better invest in Midcaps
It went to 17₹ from 6₹
Almost Trippled the capital. I had asked to book it on 11,13,15 many times for those who panicked. If somebody is a real long term Investor, they focus on business & not stock price.
Even on 6-7₹ it was not trading in circuits.
This risk will always be there in Microcaps & Smallcaps. If you panic looking at such things, better invest in Midcaps
👍62❤14🔥5👏1😁1
What do you want next?
Anonymous Poll
33%
Key learning thread
76%
A fundamentally strong stock at good levels
👍18👎1
Long term investors,
The chemical sector is witnessing volume accumulation.
There will be a sectoral turnaround in Chemicals.
I have started accumulating chemical stock gradually. I will not invest now fully. But slowly.
The chemical sector is witnessing volume accumulation.
There will be a sectoral turnaround in Chemicals.
I have started accumulating chemical stock gradually. I will not invest now fully. But slowly.
👍101❤7👏6👎1
MicroCaps PraWin
What do you want next?
Archean Chemicals 🎉
▫️CMP 659
▫️SL provided on chart
▫️Good setup, can test patience
▫️No buy sell hold reco
▫️CMP 659
▫️SL provided on chart
▫️Good setup, can test patience
▫️No buy sell hold reco
👍52❤16🔥8