Asian paints

New 52wk High

3179

MASTEK

CONCALL NOTES 📝

" Striving to become major digital transformation player from India for Global market."

Hilights

🔆New CEO Hiral Chandrana, who was working in Wipro for last 14 years.

🔆 Order backlog has grown at 54% and the pipeline is exceeding all the estimated numbers

🔆4300 employees across 41 countries.

🔆More than 80% of business is in cloud and digital.

Financials

Geographic distribution

UK business grown by 43% YoY.
US business grown by 20% due to oracle erp cloud services
Middle East is lower by 19.5% YoY

🔆 Gross cash stood at Rs. 960 crores

🔆Added Rs. 115 crores in free cashflow due to strong collection.


Public sector

🔆Pipeline has grown in a healthy manner

🔆 Healcare space helped rhe Company to ride the momentum

🔆 Added few headcount to increase sales force coverage.

US 🇺🇸 MARKETS :

🔆 Company has strength in Retail & Manufacturing. Company will focus towards Healthcare & Lifesciences space.

🔆 Company is providing quality care to local hospital agencies.

🔆Added new logos and customers have been coming from diversified verticles


OVERALL STRATEGY

Company's Focus towards building capability, leadership & synergy

1. Hiring 520 people in this quarter

2. Building digital capabilities by training the new employee.

3. Building the marketing sales engine. Adding 40 to 50 customers every quarter.


🔆There is business transformation which driven by digital demand and application and enterprise service which includes Cloud and ERP

🔆 Intelligent transformation includes elements like analytics of data and AI come into play

🔆 Experience transformation includes D2X services

GAP ANALYSIS

🔆 Company is still looking the areas which needs to be focused and transformed.

🔆Marketing is the area where the company is focusing to strengthen

TAILWINDS

🔆Digital transformation in the towards Digitalization of citizen services is ensuring that the demand will be generated in UK business esp in NHRC space

🔆 Same trend is expected in enterprise business where there is a demand of digital services to increase efficiency.

Organic and Inorganic growth aspects

🔆Organic growth: Company is seeing signs of diversification beyond retail and manufacturing.

Another area in focus is financial business

🔆Inorganic: Company is evaluating some AI companies.

Last Concall OF MASTEK

GLAND PHARMA GOOD NUMBERS THOUGHT OTHER INCOME IS BIT HIGHER

Sources say
⛑⛑⛑

T.me/wealthcreature

Cabinet likely to consider speciality steel PLI scheme on Thursday

Steel Ministry has identified 5 broad categories and 20 sub-categories for #PLI scheme 
 
Eligibility criteria to include end to end manufacturing, JVs and MoUs, 20% value addition by 3rd parties

Sources: Priority to be given to cos which front load investments and achieve annual incremental production 
 
Base year to be FY20 & incentive in the range of 4-15% starting FY23 till FY28
 
Incentive on incremental production and investment to be capped at Rs 200 Cr per company

*Alert:* Govt has approved 10 Production linked schemes of which 3 are awaiting cabinet nod

JUBILANT INGERVIA

RETRIATE

CMP - 587.80

Support @ 550/525

New Test Levels # 666/720/777/888/1000++

TF - 1/3/6/12 /15 months


Ethyl acetate prices at record highs
Up in July vs June

Record high EBITDA,margins, PBT and PAT
25% OPM vs 17%

Reduced debt by 15% qoq

All capex to be undertaken through internal accruals
350cr capex
900+ cr revenue potential

NAUKRI ( INFO EDGE)

ON RADAR AGAIN

ZOMATO LISTING ON FRIDAY

POLICYBAZAAR CAN RAISE 6500cr From IPO - very 🔜🔜

💚💚💚

Tuesday Nifty Low - 15587

Today Nifty @ 15760++

Many Stock specific moves coming

Our 🌟 ⭐ 🌠 PERFORMER

Multibagger

MASTEK

NEW 52WK HIGH

2635 🎯💚

MASTEK

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RELIGARE

SOON WLD BE OUT OF CONGESTION ZONE

140 TO 160 ZONE

ONCE CLOSED ABOVE 160 WE WLD SEE NXT LEG 🦵 OF RALLY

NEXT TEST LEVELS # 175/190/211/222/244/275/300

TF - 2 To 12 months

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GAVE GOOD OPPORTUNITY TO ADD ON DIPS ON TUESDAY

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INDO NATIONAL ( Nippo Battry)

Yest gave update as buying opportunity

Today Blasting 💣 7%

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