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Union Ministry of Railways has been allocated ₹2.55 lakh crore for the financial year 2024-25, up by 5.8% from last year's allocation of ₹2.41 lakh crore

Here are the list of Railway Stocks which are focus

RAILWAY COACHES & WAGONS

1. Jupiter Wagons Ltd
2. Titagarh Rail Systems Ltd
3. Texmaco Rail & Engineering Ltd

RAILWAY COACHES INTERIORS

1. Autoline Industries Ltd
2. Amber Enterprises India Ltd
3. Oriental Rail Infrastructure Ltd
4. Omax Autos Ltd

RAILWAY WHEELS & TRACKS

1. Steel Authority of India Ltd
2. Hilton Metal Forging Ltd
3. Bharat Forge Ltd
4. Ramkrishna Forgings Ltd
5. Balu Forge

RAILWAY POWER PROJECTS

1. BCPL Railway Infrastructure Ltd
2. Power Mech Projects Ltd
3. Kalpataru Projects International Ltd
4. Kernex Microsystems (India) Ltd

RAILWAY POWER PACK

1. TD Power Systems Ltd
2. Apar Industries Ltd
3. Bharat Electronics Ltd
4. Elgi Equipments Ltd
5. ABB India Ltd
6. Hitachi Energy India Ltd

RAILWAY CABLES & WIRES

1. DP Wires Ltd
2. KEI Industries Ltd
3. Paramount Communications Ltd
4. NRB Bearings Ltd
5. Timken India Ltd

RAILWAY FORGINGS

1. Larsen & Toubro Ltd
2. Balu Forge Industries Ltd
3. Bharat Forge Ltd
4. Ramkrishna Forgings Ltd

Other Railway Stocks

1. ARSS Infrastructure Projects Ltd
2. K&R Rail Engineering Ltd
3. Container Corporation Of India Ltd
4. Indian Railway Finance Corporation Ltd
5. Indian Railway Catering & Tourism Corporation Ltd

RAILWAY ENGINES & Coaches

1. Integra Engineering India Ltd
2. GE T&D India Ltd
3. Siemens Ltd
4. BEML Ltd

RAILWAY WAGONS

1. Jindal Saw Ltd
2. Cimmco Ltd
3. JITF Infra Logistics Ltd

RAILWAY PROJECTS & Metro Projects

1. KEC International Ltd
2. Rail Vikas Nigam Ltd
3. Larsen & Toubro Ltd
4. NCC Ltd
5. Reliance Infrastructure
6. Adani Enterprises Ltd
7. GR Infraprojects Ltd

RAILWAY SECURITY SYSTEMS

1. Kaynes Technology India Ltd
2. Siemens Ltd
3. HBL Power Systems Ltd

RAILWAY ANCILLARY - Bearing & Others

Alicon Castalloy Ltd
Porwal Auto Components Ltd
Omax Autos Ltd
Cosmic CRF Ltd
Hind Rectifiers Ltd
Genesys International Corporation
Integra Engineering India Ltd
Frontier Springs Ltd
Nelcast Ltd
Escorts Kubota Ltd
Simplex Castings Ltd

RAILWAY NETWORK SYSTEMS

1. Avantel Ltd
2. Railtel Corporation of India Ltd

RAILWAY INFRASTRUCTURE

1. Rites Ltd
2. Ircon International Ltd

OTHER RAILWAY PROXIES

1. Jindal Stainless Ltd
2. Jadeesh & Vismaya
3. Focus Lighting Fixtures Ltd
4. MIC Electronics Ltd
5. Esab India Ltd
6. Ador Welding Ltd
7. Rasi Electrodes Ltd

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🌠Top 3 Mining Equipment Stocks in in the world 🌠

India's mining sector grew by 7.5% in FY24, with production of iron ore and limestone recording high growth during the year.

This momentum is expected to continue even in the financial year 2025, driven by growth across all key sectors, including the automotive, construction, power generation, and steel industries.

1️⃣ BEML

2️⃣ Electric Guitar PLC

3️⃣ TEGA

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Arvind Limited study report

Arvind Limited incorporated in 1931 is one of the India’s leading vertically integrated textile company. It belongs to the Arvind Lalbhai Group which is a diversified conglomerate having presence in textiles, apparel retailing, engineering, wastewater treatment and real estate sectors. In 2018, the brand retail and engineering businesses was demerged into separate entities namely Arvind Fashions ltd and Anup Engineering ltd respectively. This demerger helped the company to scale up its core textile business in both domestic and international markets. The company is headquartered in Ahmedabad, Gujarat. It has its facilities in Naroda, Santej, Khatraj, Bangalore and Pune. It is a prominent player in denim, woven & knits, garmenting and advanced materials. Textile segment: • Denim – It is the pioneer of denim in India since the early 1980s with supply to several iconic brands across Europe, US and Asia. The company produces about 100 million meters of fabrics and 6 million pairs of jeans each year. • Woven – The company is a one stop shop facility which deliver creative and high-quality fashion concepts in formal and casual shirts, tops & dresses, trousers and jackets across color woven, indigo, solid and print categories. It is evolving in this segment since 1931. It produces about 130 million meters of woven fabric annually. • Garments – It is the integral part of the company’s verticalization strategy. The garmenting facilities are located in Karnataka, Ranchi, Ahmedabad area and Ethiopia. It makes denim jeans, casual & formal shirts. It has a dedicated division for knits essentials that covers a wide range of garments. It cater mainly to the US and the EU market and manufacture about 10 million jeans per year. Being vertically integrated, the shirting division is equipped with a capacity to produce 11 million casual and formal shirts per year. Arvind knits garment division produces almost 20 million pieces per annum.

#SALES #GROWTH

In FY24, the revenue de-grew by ~8% due to lower realization as decrease in raw materials and input costs drove down prices, however, AMD segment continued to witness strong momentum. In Q4 FY24, volume across business segments of textile and AMD division clocked a healthy growth on a YoY basis which led to a healthy revenue growth of 10%. During Q4 FY24, the revenue includes sale of land of ₹32 cr. In FY23, the volumes in the woven segment continued to remain strong, while denim and garments volumes saw reductions. The realization was higher for both denim & wovens by 25% and 18%, respectively. 5 Year CAGR: 1.6%

#EBITDA #GROWTH

In FY24, EBITDA witnessed an improvement of ~6% despite lower sales. This was driven by improvement in AMD business. In Q4 FY24, the textile business witnessed higher volumes on a YoY basis. In Q2 FY24, the inventory correction cycle bottomed out among the key export customers. In October 2023, the customers started placing orders in small lots, closer to the actual demand. During Q4 FY24, the EBITDA includes sale of land of ₹6 cr. In FY23, there was contraction in EBITDA mainly on account of higher raw material prices. The average cotton prices stood at ₹214 per kg for FY23 as compared to ₹140 per kg for FY22. However, it was partially offset by good performance in the AMD segment. 5 Year CAGR: 3.4%

#PAT #GROWTH

In FY24, the net profit declined by 15%. It was impacted due to high base effect on account of exceptional item in FY23. In H1 FY24, the net profit was subdued on a YoY basis due to unfavorable consumer demand. Effective tax rate for FY24 stood at ~24%. In FY23, the net profit after tax stood at ₹415 cr, up by 56% YoY reflecting the lower tax outgo on account of losses due to sale of subsidiary shares and migration to the 25% tax regime. Effective tax rate for FY23 stood at ~15% v/s 36% in FY22. 5 Year CAGR: 8.2%

#EBITDA #MARGIN

In FY24, the margin improved for both textile and AMD business. In Q4 FY24, the textile margin improved on a YoY basis on account of softening of input cost, efficiency gains in garmenting and better product and customer mix. In FY23, EBITDA margins remained flat at ~10% levels. The textile margins stood at 9.8% as against 10.7% in FY22. It was impacted due to slightly lower volumes as well as the fact that raw material prices were higher. The capacity utilization of garments & denim segment were low which impacted the absorption of the fixed overheads expenses. AMD continued to deliver strong growth in margins. EBITDA margins for this business improved to 13.2% as compared to 12.5% FY22.

#ROCE

In FY24, ROCE witnessed increased marginally. It was on the back of higher contribution from AMD segment as compared to FY23 which governs higher ROCE. In FY23, the company has reported ROCE of 14.4% compared to 13.1% in FY22.

Company FUTURE OUTLOOK


The management is focusing on achieving ROCE of 20% from textile business in the coming period. It stood at 11% in FY24. • The company expects AMD margins to be 17%-18% in the next few years. In FY24, they reported EBITDA margin for AMD of 15.6%. • The garmenting business is expected to have low double digit margin on the back of capacity addition in the coming period. In FY25, garmenting will grow significantly by about 25%. • The capex in FY25 will be ~₹400-₹450 cr towards AMD and garmenting segment. • In Q1 FY25, the garmenting business might get impacted due to absenteeism on account of elections and heat waves in some parts of the country. • They expect H1 FY25 to be 40% of the business plan and H2 FY25 to be 60%. • The company envisages AMD to contribute 30%-32% to the total revenue in the next 3 years. In FY24, it contributed 18% to the revenue from operations. • The garments business has a capacity ~45 million and is planning to increase it to 60 million in 3-year period. In FY24, it grew by 25% from 32 million to 40 million full garment. The new capacities will come online more towards H2 FY25. • The Mass Transportation factory went live in Q4 FY24 and is expected to generate revenue of ₹200 cr in coming period.

Arvind 330-384
Expected level 500
Support 280

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📎Top 5 Paper Stocks to Watch Out as the Industry Prints Gains


1️⃣ JK Paper

2️⃣ West Coast Paper Mills

3️⃣ Andhra Paper

4️⃣ Seshasayee Paper & Boards

5️⃣ Tamil Nadu Newsprint

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⚡️Top 10 High Growth Stocks that Have the Potential to Double Their Marketcap ⚡️

1️⃣ Trent

2️⃣ LTI Mindtree

3️⃣ Varun Beverages

4️⃣ Avenue Supermarts

5️⃣ Polycab India

6️⃣ Reliance Industries

7️⃣ Ultratech Cement

8️⃣ Tata Consumer Products

9️⃣ Divis Laboratories

🔟 HCL Technologies

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