Olectra seeks to deliver 1/4th of e-buses in the market over next 2 years

Olectra Greentech’s total order size is expected to surpass 10,000 soon, as it is likely to get more e-bus orders from a couple of transport corporations.

Olectra Greentech Ltd (OGL), a leading manufacturer of electric buses, seeks to stay as a dominant player in the Indian electric bus market, as the company is confident of garnering one-fourth of the share in total e-bus deliveries over the next two years.
It is gathered that 40,000-50,000 electric buses are likely to be delivered

ANNAPURNA SWADHISHT

Cmp - 353
Market cap - 579cr

https://www.annapurnasnacks.in/

Company is run by 2 excellent promoters. Business is highly scalable.Company will most likely grow at 100%+ CAGR for next 3 years.

Net Profit this year can be 3x plus of last year from 7 cr to 24cr. Approx

This is a place where sure shot money will be made. All you need is patience to hold.

In this FMCG business the moat of the business is the ability of the promoter to execute and scale the business.

Annapurna has tapped into markets which are traditionally ignored by big players- north east.

Company has amazing distribution network and is expanding it everyday. Targeted market is mainly tier 2 & tier 3 and villages.

Company raised 30 cr in the IPO and is now raising 70 cr post IPO within a year. Goes to show the strength of the business.

New fund will be used for working capture requirements and adding more capacities going forward.

The promoter sets-up the plant within 3 months.In this business one should know how to sell.
Promoters have cracked the art of selling.

They are so good at selling that they have given another company work on contract manufacturing as they are entering the state of Uttar Pradesh.

Making diverisifed products like Chips, Glucose Water,My Noodles
Distribution ka game hai
Expanded to 3-4 states

In this business all you need is to crack distribution and logistics.

7% logistics cost lowest among peers
New factories - North Odisha:Western Assam

Scaling up in North East
FY22- 1 cr Assam
FY23 -20cr Assam
Govt supporting in North East

15MT per day-16th Sep -2 new plants
Gurakh already operational in July
Junagarh in Sep

45 metric tonne existing capacity
30 metric tonne getting added

1 metric tonne per day is 5 to 5.5 cr per annum

12 metric tonne outsource (contract mfg for new products)
In long term keep balance between inhouse n outsource (60:40) probability

Entering in Jharkhand and UP
Fryers - Kids focused- School main market
Jackpot main surprise gift
To create a Pull like Baloon
Makeup box - Ring Gift
Kids love it..

FY23 -160cr sales
EBITDA - 8%
Net Profit 7 cr.

Estimated projections

FY24 - 400-450cr Sales
Ebitda - 10% - 40cr
Pat margin -6%
6cr depreciation
400*6%= 24 cr

FY25- 700 cr Sales
40cr Pat possibility

Current market cap of the company is 579 crs only
Last year net profit was 7 cr. This will jump to 21cr+ cr this year.

H1 sales or FY24 will be more than the whole year of FY23.

Clear visibility of growth and promoter quality makes me super bullish on this story. Have made this my biggest bet till date.
As there is very little to lose in a company growing at such a speed.

Disclaimer - All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.

Sakar Healthcare

Fresh ATH

20% up

398 💚

Sakar Healthcare

Rocket aft Tata capital Healthcare fund took stake

Just An Observation from Past History and from past experience

In 2008 - Smallcap Index made high of 6000 & it Took almost 10 years to break that High

In 2018 - Smallcap index broke 6000 and made high of around 9700 in year 2018 which was 61% Rise

In 2020 - Smallcap index corrected till 3200

Again in 2022 - Smallcap index crossed 9700 in jan 2022 and than corrected till 7800 - 7900 zone approx

Recently made ATH of 12054
Now @ 11920

Our study & view Small cap index final top expected to be around 16k-17k till 2026-27 which would be 62% from its last top 9700 made in 2018.

However in these period we can see many many short term corrections

Journey won't be very much easy

On Radar

ADSL

Cmp - 132 - 133

Accmulate at cmp & all dips Till 124

Support - 115/109

S/L - 99 on cbsl or As per Risk

Test Levels- 225/300/388/460+

TF - 6/15/18/24 months

Allied Digital ( ADSL)is cheapest out of All IT pack With strong fundamentals.

Management has completed the transformation changes. Focused on big size deals.

Existing pipeline enough to maintain 20 % topline with 13-14 % Margin.

Recent concall and guidance by the management.

🔅25% Growth in next 3 years considering the order book of 1800crs and more bids in Pipeline

🔅14% Base case EBIDTA margin + further improvement

🔅1000cr Revenue in 2 years means 140cr EBIDTA vs Mcap only 725crs

🔅Large new giant clients added in Retail, Infra and real estate

🔅Employee cost would further come down

Available at only 7x Mcap/EBIDTA vs 20x+ for companies like Newgen, Intellectual etc

Disc - All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.

CHEAPEST IT CO IN THE ENTIRE EQUITY IT SEGMENT.

ADSL - Allied Digital Services.
Rerating candidate

DEEPAK NITRITE

Cmp - 2095
Days Low - 2042

FROM long Time

1900 - 2300 zone

At Lower end finds support and at upper band Resistance and supply

Wld be looking for crossing 2300 soon

Let's c

Why Deepak Nitrite Saw run 🏃‍♀️ up of 7% Today

1⃣ Phenol acetone prices we believe have bottomed out and are up 6% MoM - key trigger for the Co.

2⃣ Just like PLI in IT products, PLI in base chemicals is expected soon though timelines are unknown.

3⃣ China is trying desperately hard to stimulate its economy - whether they will be successful or not is up for debate but for now one is starting to see traction in base chemical prices as well like Phenol acetone, caustic soda and soda ash.

4⃣ Commodity Chemicals as a segment has consolidated for long - although the specialty chemicals space will take longer to recover, commodity chemicals can exhibit a quicker turnaround.

Deepak Nitrite is a good proxy to this theme