Wealthcreatures.com
E2E 🔐 5% UC 1962 Getting Ready for Fresh ATH 🔜
E2E
Locked 🔐 in 5% UC
Fresh 52wk high
2060 💚
Locked 🔐 in 5% UC
Fresh 52wk high
2060 💚
Wealthcreatures.com
Sarla poly @ 92.70 at Lower circuit even after good Q1 numbers I see this as opportunity 1-2 good Qtrs and stock wld be Rerated hugely
Sarla Poly
Another 5% Down
88
Support @ 80/76.50
Stock in ASM
That’s the Reason for down
Utilise this as dip to add more
Textile # Good Numbers #Opportunity
Another 5% Down
88
Support @ 80/76.50
Stock in ASM
That’s the Reason for down
Utilise this as dip to add more
Textile # Good Numbers #Opportunity
Everest Kanto Cylinder Limited (EKC) Q1 FY25 Earnings Call Key Takeaways
Financial Performance:
- Consolidated Revenue: Rs. 343 crore, up 28% YoY
- Standalone Revenue: Rs. 196 crore, up 18% YoY
- Consolidated EBITDA Margin: 12%
- Standalone EBITDA Margin: 9.4%
- Consolidated PAT: Rs. 28 crore, margin of 8%
- Standalone PAT: Rs. 11.7 crore, margin of 6%
- EPS (Diluted): Rs. 2.50 (Consolidated), Rs. 1.04 (Standalone)
- Gross Debt: Rs. 0 (Standalone), Working Capital Debt of $5 Million (Standalone)
- Cash Position: Rs. 50 Crore (Standalone), similar level in Dubai
Operational Performance:
- Strong start to the year driven by rising demand in domestic and international markets
- CNG segment volume increased both YoY and QoQ
- India and USA businesses witnessed strong growth of 18% and 63% YoY, respectively
- UAE business revenue increased by 6% YoY
Future Outlook:
- Management remains confident in the long-term growth potential of seamless gas cylinders in India
- Strong government commitment to eco-friendly natural gas, fiscal incentives, and ongoing CNG infrastructure development support a favorable environment for CNG vehicles
- Expanding green hydrogen applications present a significant long-term opportunity
- Two new manufacturing facilities in Egypt and Mundra (India) are expected to begin operations by the end of the fiscal year, focusing on high-pressure gas cylinders for CNG and industrial applications
- Revenue growth guidance of 15-20% for the full year
- EBITDA margins are expected to improve from current levels
Concerns:
- Margin compression in Q1 compared to the previous year, attributed to product mix and challenges in the commercial segment
- Uncertainty regarding the adoption rate and potential impact of electric vehicles on the CNG market
- Execution of large projects in the USA remains a key variable for revenue and profitability, as it is a project-based business with potential for delays
Other Important Points:
- Launch of the world's first CNG motorcycle in India by Bajaj, for which EKC is supplying cylinders, presents a potential new growth avenue. However, it's too early to assess the impact
- EKC is actively monitoring utilization rates before deciding on further capacity expansion
- The company expects to remain debt-free despite the announced capex plans
- CNG station additions in India are progressing well, with 300-500 new stations added annually
- The company is closely watching the global situation, particularly the Russia-Ukraine war, for its potential impact on CNG prices
Financial Performance:
- Consolidated Revenue: Rs. 343 crore, up 28% YoY
- Standalone Revenue: Rs. 196 crore, up 18% YoY
- Consolidated EBITDA Margin: 12%
- Standalone EBITDA Margin: 9.4%
- Consolidated PAT: Rs. 28 crore, margin of 8%
- Standalone PAT: Rs. 11.7 crore, margin of 6%
- EPS (Diluted): Rs. 2.50 (Consolidated), Rs. 1.04 (Standalone)
- Gross Debt: Rs. 0 (Standalone), Working Capital Debt of $5 Million (Standalone)
- Cash Position: Rs. 50 Crore (Standalone), similar level in Dubai
Operational Performance:
- Strong start to the year driven by rising demand in domestic and international markets
- CNG segment volume increased both YoY and QoQ
- India and USA businesses witnessed strong growth of 18% and 63% YoY, respectively
- UAE business revenue increased by 6% YoY
Future Outlook:
- Management remains confident in the long-term growth potential of seamless gas cylinders in India
- Strong government commitment to eco-friendly natural gas, fiscal incentives, and ongoing CNG infrastructure development support a favorable environment for CNG vehicles
- Expanding green hydrogen applications present a significant long-term opportunity
- Two new manufacturing facilities in Egypt and Mundra (India) are expected to begin operations by the end of the fiscal year, focusing on high-pressure gas cylinders for CNG and industrial applications
- Revenue growth guidance of 15-20% for the full year
- EBITDA margins are expected to improve from current levels
Concerns:
- Margin compression in Q1 compared to the previous year, attributed to product mix and challenges in the commercial segment
- Uncertainty regarding the adoption rate and potential impact of electric vehicles on the CNG market
- Execution of large projects in the USA remains a key variable for revenue and profitability, as it is a project-based business with potential for delays
Other Important Points:
- Launch of the world's first CNG motorcycle in India by Bajaj, for which EKC is supplying cylinders, presents a potential new growth avenue. However, it's too early to assess the impact
- EKC is actively monitoring utilization rates before deciding on further capacity expansion
- The company expects to remain debt-free despite the announced capex plans
- CNG station additions in India are progressing well, with 300-500 new stations added annually
- The company is closely watching the global situation, particularly the Russia-Ukraine war, for its potential impact on CNG prices
Nifty close above 24550 needed for next Upmove
Any close below 23875 would make up think 🤔
Till time Trading zone
23875 - 24550
Any close below 23875 would make up think 🤔
Till time Trading zone
23875 - 24550
On Radar again
ADSL
cmp - 212.85
Support @ 197/181
POCL
CMP -1475
Support@1400/1315
Looking good for 10%~20%~30%~40% + Upmove in coming few months/Qtrs
ADSL
cmp - 212.85
Support @ 197/181
POCL
CMP -1475
Support@1400/1315
Looking good for 10%~20%~30%~40% + Upmove in coming few months/Qtrs
Wealthcreatures.com
https://www.bseindia.com/xml-data/corpfiling/AttachLive/a87d54a1-1113-447e-b79a-6f0cca57354d.pdf Saraswati commercial Good numbers
Saraswati commercial
ZSARA comm
Fresh ATH
11308 💚
🔐 in UC
ZSARA comm
Fresh ATH
11308 💚
🔐 in UC
Wealthcreatures.com
ZSARA COMM 62.15 ONLY BUYERS CATCH IT IF YOU CAN PURE INVESTMENT ONLY 3 TO 5 YRS HOLDING
ZSARA comm
62.15 TO 11300+++
Still Trading cheap
62.15 TO 11300+++
Still Trading cheap
Wealthcreatures.com
CDSL - Blockbuster Results💹 ~ Highest Ever REV, PAT ~ P/E will come down from 61 to 53 post 82 % EPS growth ~ On Track for 500 Cr Annualised PAT #Q1FY25 REV🔼71 % - 257 Cr PBT🔼78 % - 175 Cr PAT🔼82 % - 134 Cr EPS ~ 12.84 vs 7.04 Segmental PBT - Depository…
CDSL
FRESH ATH
2955
Soon wld trade 1:1 cum bonus
FRESH ATH
2955
Soon wld trade 1:1 cum bonus
Wealthcreatures.com
SHRIRAM PISTON ON RADAR AGAIN Patience is key ( Like Lincoln pharma) CMP - 1180 Days Low - 1159 Support @ 1080/1000 Shld be 2x/3x/5x + TF - 2/3/4 Years Fundamentally very strong 💪 Numbers are Great Consistent performer Hidden Gem 💎
After long consolidation
Shriram piston
Moving 🆙
2040
Days High - 2060
Watch out for close above 2110/2222
Shriram piston
Moving 🆙
2040
Days High - 2060
Watch out for close above 2110/2222
Wealthcreatures.com
On Radar again ADSL cmp - 212.85 Support @ 197/181 POCL CMP -1475 Support@1400/1315 Looking good for 10%~20%~30%~40% + Upmove in coming few months/Qtrs
POCL
15% blast 💥
1688
ADSL
DAYS high - 230
Now 5% 💚- 223
15% blast 💥
1688
ADSL
DAYS high - 230
Now 5% 💚- 223
Wealthcreatures.com
E2E Free ka maal enjoy
E2E
Another 5% UC
2163
949 To 2163 Done ✔️ Till Now
Another 5% UC
2163
949 To 2163 Done ✔️ Till Now
Wealthcreatures.com
Everest Kanto Cylinder Limited (EKC) Q1 FY25 Earnings Call Key Takeaways Financial Performance: - Consolidated Revenue: Rs. 343 crore, up 28% YoY - Standalone Revenue: Rs. 196 crore, up 18% YoY - Consolidated EBITDA Margin: 12% - Standalone EBITDA Margin:…
EKC
GETTING READY FOR
52wk High 🔜/ & 190/200/224/250/300/333+
(1 To 6 Qtrs )
Longterm - 450/600/750+
GETTING READY FOR
52wk High 🔜/ & 190/200/224/250/300/333+
(1 To 6 Qtrs )
Longterm - 450/600/750+