Author: AasthaFinTech

The Anup Engineering Ltd.

 

Anup Engineering ⚙

• Market Cap :.3,412 Cr
• Current Price : 1,712
• P/E : 31.4
• ROCE : 22.6%
• Sales growth 3Years : 25.4%
• Profit growth 3Yrs : 23.1%

About
The Anup Engineering Limited is India’s leading Heat Exchanger Manufacturer. The Company caters to wide range of process industries including Oil & Gas, Petrochemicals, LNG, Fertilizers, Chemicals/Pharmaceuticals, Power, Water, Paper & Pulp and Aerospace with its extensive product range of Heat Exchangers, Reactors, Pressure Vessels, Columns & Towers, Industrial Centrifuges & Formed Components.

Lancer Containers Lines Ltd

> Lancer Containers Lines Ltd:

> CMP : 49
> Company’s primary business is ocean transport services of intermodal containers by container ships, operating as a Non-Vessel Operating Common Carrier (NVOCC).
🔸M Cap: ₹1,228 Cr.
🔸P/E: 21.0
🔸CMP: ₹49.10
🔸ROCE: 16.6%
🔸3 Years Sales Growth: 26.5%
52 Week Range
> 44   –  110
> Corporate Actions
Bonus issue                       2:1                  22 Sep 2023
Bonus issue                       2:1                  13 Oct 2021

Bonus issue                      3:5                   03 Jan 2018

Stock Split From Rs.10/- to Rs.5/-     16 Dec 2022

SEBI Registered RA: INH000017189
> Disclaimer: The above data should not be considered as a Buy or Sell recommendation. The analysis has been done for educational and learning purpose only.

Tinna Rubber And Infrastructure Ltd.

CMP – 1785

M Cap: ₹3,063 Cr.

  • P/E: 61.7CMP: ₹1,788
  • Sales growth: 42.5%
  • Sales growth YOY: 70%
  • Net Profit growth YOY: 128%

Tinna Overseas Ltd is a market leader in the field of bituminous products, the company has captured substantial share due to the high quality, reliability and customer satisfaction. The company also has interest in winery, agri business and ware housing..The company also in the business activities of Trading Activity, Bitumen Division.

Tinna Rubber And Infrastructure Limited, founded in 1987 under the dynamic leadership of Mr. Bhupinder Kumar Sekhri, is a professionally managed company which is rapidly expanding as a fully integrated company converting waste tyres into downstream value added products. The company lays strong emphasis on utilization of modern technology for qualitative services and business efficiency

Net Profit Margin

  • Latest      1%
  • 3yr Average 62%
  • 5yr Average 36%

Corporate Actions

Purpose Rs. Ex-date
Final Dividend 2.00 26 Jul 2024
 Interim Dividend 3.00 08 Feb 2024
 Bonus issue 1:1 15 Sep 2023
Final Dividend 5.00 14 Aug 2023
Final Dividend 4.00 21 Jun 2022

 

KEY STRENGTHS

 FULLY INTEGRATED

from collection of ELT’s to production of recycled materials

THE LARGEST COMPANY

in the world to produce Micronized Rubber Powder upto 170 mesh

PIONEER AND LARGEST MANUFACTURER

for Crumb Rubber Modifier for Bitumen

LOGISTICALLY WELL PLACED

Manufacturing Locations

EXPERIENCE

of 5 decades in rubber processing

HIGH ABILITY

of product customization

ZERO LIQUID

Discharge Operations

99.5% RECOVERY

from tyres Zero Waste

SEBI Registered RA: INH000017189

Disclaimer: The above data should not be considered as a Buy or Sell recommendation. The analysis has been done for educational and learning purpose only.

🔶 Allsec Technologies Ltd:

> 🔶 Allsec Technologies Ltd:

> Company provides outsourcing solutions for customer and employee experience management, along with Allsec XQ services, serving industries such as retail, banking & insurance.

🔸M Cap: ₹1,095 Cr

🔸P/E: 19.8

🔸CMP: ₹715

🔸Dividend Yield: 4.18%

> EX Date   Amount (₹)

10 Nov 2023 30.0000

04 Nov 2022 20.0000

08 Nov 2021 45.0000

06 May 2021 15.0000

30 May 2019 10.0000

30 Jul 2018 5.0000

23 Jul 2007 5.0000

www.aasthafintech.com

Zomato Insides CMP – 160

> # Zomato Insides

Cmp : 160

> #Growth

GOV across all B2C businesses grew 47% YoY – this includes a 27%, 103% & 154% growth in food delivery (@zomato), quick commerce (blinkit) and Going-out verticals, respectively.

Across these verticals, we have crossed INR 50,000 cr of GOV on an annualised basis.

> #Profitability

> Consolidated Adjusted EBITDA was positive for the third consecutive quarter at INR 125 cr.

> guidance of Adjusted EBITDA break-even on or before Q1FY25 for the quick commerce business.

www.aasthafintech.com

Insides of TATA CHEMICALS

Insides of Tata Chemicals

Insides of Tata Chemicals

> Insides of Tata Chemicals

👌🏻 There’s an interesting development at Tata Chemicals.

 ✍🏻Tata Sons, the holding company of all Tata companies, is required by the RBI to list by September 2025.

> The total market value of Tata Sons’ investments is 16 lakh crore, but due to a holding discount of 50%, it will list at 8 lakh crore.

> What makes this compelling is that Tata Chemicals holds a 3% stake in Tata Sons. After listing, this stake will be worth 24,000 crore.

> Currently, Tata Chemicals has a market cap of 29,000 crore. This presents an interesting opportunity with potentially no downside if the Tata Sons listing proceeds as planned.

✍🏻 In, Tata Chemicals you’re getting an business which having

> Manufacturing Capacity:

a) India:

Company has production units in Gujarat, Andhra Pradesh, Tamil Nadu, and Maharashtra, with an installed capacity of Soda Ash ~1,091,000 MTPA, Bicarb ~150,000 MTPA,

Salt ~1,600,000 MTPA, Prebiotic ~5,000 MTPA, Speciality Silica ~10,000 MTPA

> b) International:

USA unit has an installed capacity of Soda Ash ~2,540,000 MTPA, UK unit: Soda Ash ~400,000 MTPA, Bicarb ~130,000 MTPA, Salt ~430,000 MTPA, and Kenya Unit: Soda Ash ~350,000 MTPA

> Expansion – 

The company is expanding its capacity of soda ash in Inner Mongolia. As of H1FY24, soda ash capacity stands at 4.3 million tonnes, with plans to expand to 5.3 million tonnes.

> The expansion will increase the capacity of Soda Ash to 1.85 lacs MT by H2FY24. ~2300 crs is already spent on expansion as planned. It will spend further ~600 crs by March,24.

> The company is further planning to expand capacity of soda ash by ~30%, bicarb ~40% and Silica by 5x. This is planned for ~2000 crs. between FY24-27.

> Tata chemicals Financials

> FY 23-24

Sales – 16,789 Crore

PBT – 2,740 Crore

Net Profits – 2,434 Crore

Book Value – ₹840

www.aasthafintech.com 

ITC LTD. Price Move from Rs.14 to Rs. 403

> ITC LTD.

> PRICE MOVE ₹ 15 (2000) To ₹. 403 (21 feb 2024)

> Mcap Full (Cr.) 5,03,282.71

> Mcap FF (Cr.) 3,57,330.72 (Retailer Holding)

> PE 24.56

> ROE 30.47

(in Cr.)   2023      2022       2021    2020      2019

> Rev : 70,251 | 59,745 | 48,524 | 46,807 | 45,784 

> NPM %   26.69 | 25.20  |  26.86 | 32.34  | 27.22

> HOLDING :  Public 33,35,813 (SHARES HOLDERS )                

> Dividend Declared (₹)

EX Date    Amount (₹)

08 Feb 2024 6.2500

30 May 2023 6.7500

30 May 2023 2.7500

15 Feb 2023 6.0000

26 May 2022 6.2500

14 Feb 2022 5.2500

10 Jun 2021 5.7500

22 Feb 2021 5.0000

06 Jul 2020 10.1500

22 May 2019 5.7500

25 May 2018 5.1500

05 Jun 2017 4.7500

30 May 2016 8.5000

03 Jun 2015 6.2500

03 Jun 2014 6.0000

31 May 2013 5.2500

11 Jun 2012 4.5000

10 Jun 2011 2.8000

10 Jun 2011 1.6500

09 Jun 2010 10.0000

13 Jul 2009 3.7000

16 Jul 2008 3.5000

16 Jul 2007 3.1000

03 Jul 2001 10.0000

> Bonus History

Date           Ratio

01 Jul 2016 issue 1:2

03 Aug 2010 issue 1:1

21 Sep 2005 issue 1:2

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Companies Deeply Invested In Hydrogen Combustion Engines

7 Companies Deeply Invested In Hydrogen Combustion Engines

Hydrogen combustion engine technology is gradually emerging as a viable solution in the pursuit of sustainable transportation solutions. With governments doing everything to reduce carbon footprints, hydrogen’s potential as a clean and efficient energy source has come to the fore, with companies like Toyota and Honda investing in its development.

Most investments in hydrogen as a sustainable resource have been in the fuel-cell segment, but hydrogen combustion engines are also expected to have the ability to produce zero greenhouse gas emissions. When hydrogen is combusted in an engine, the byproduct is water vapor, sometimes mixed with nitrous oxide, and with continued innovation and investment in the technology, it could become a highly attractive alternative to traditional internal combustion engines, as well as battery-electric and fuel-cell technology.

Some companies like Toyota and Volvo are investing in ongoing research and development efforts to maximize the efficiency of hydrogen combustion engines, and companies like Kawasaki have come up with innovations such as supercharging and direct fuel injection techniques aimed at optimizing performance and range. Although more advancements in hydrogen storage technology need to be made, like high-pressure tanks and solid-state storage solutions, companies are working towards addressing the challenge of hydrogen’s lower energy density compared to traditional fuels.

1. Toyota

Toyota has repeatedly shown commitment to providing environmentally friendly mobility solutions. This is exemplified even further in the company’s pursuit of hydrogen combustion engine technology. The company recognizes the needs of customers and markets vary globally, meaning one solution for zero emissions isn’t feasible. Hence, the development of the hydrogen-powered car GR Corolla H2.

Toyota’s H2 hydrogen combustion vehicles:

The GR Corolla H2

The GR Yaris H2

Toyota participated in the Super Taikyu endurance races in Japan to accelerate the vehicle’s development

In the process, it created a 24 percent increase in combustion power, a 33 percent surge in torque, a 30 percent extended range, and a reduction in refueling time from five minutes to just 90 seconds. The 1.6-liter three-cylinder turbo engine featured a high-pressure hydrogen direct injection technology.

The GR Corolla H2 embodies Toyota’s dedication to pushing the boundaries of eco-friendly automotive engineering. With real-world evaluation and digital development ongoing, winter testing is expected in northern Japan.

2. Honda

According to recent developments, Honda’s stance on hydrogen combustion engines has seen a significant shift. Honda is now actively engaged in a collaborative project dubbed HySE (Hydrogen Small mobility & Engine technology). This joint effort is exploring the potential of hydrogen internal combustion for small vehicles.

Honda was initially skeptical about the feasibility of a hydrogen combustion engine for its cars

This initiative has led to the construction of an all-terrain vehicle known as the “HySE-X1”. The project encountered challenges in integrating the hydrogen engine, tank, and other components into a T3-standard chassis, which highlighted the technical complexities involved in the endeavor. Conquering these challenges, the “HySE-X1” was registered into the “Mission 1000” Challenge of the 2024 Dakar Rally in Saudi Arabia.

The car features a 1.6-liter four-cylinder supercharged hydrogen-powered engine, an engine that HySE currently employs in its research activities.

3. Bosch

Bosch has been a trailblazer in hybrid powertrain technology with over 40 years of expertise and is set to make another leap, this time, in the realm of hydrogen combustion engines. Leveraging its extensive experience, Bosch intends to introduce a hydrogen combustion engine in 2024.

Revealed at the 24 Hours of Le Mans’ 100th anniversary

Bosch has been developing a comprehensive system that comprises a hydrogen port-fuel injector, hydrogen injection rail, electronic pressure regulator, and electronic engine control unit, for its hydrogen-based propulsion solutions. To facilitate the technology, Bosch joined forces with Ligier Automotive in 2023 to build a prototype hydrogen-based vehicle based on the Ligier JS2 R race car.

This hydrogen-based prototype featured a 3.0-liter biturbo hydrogen engine that produced an output of 563 horsepower and 479 pound-feet of torque, achieved through a reworked injection system.

4. Cummins

At the 2022 ACT Expo in Long Beach, California, Cummins showcased its 15-liter hydrogen engine. This engine is Cummins’ innovative answer to the sustainable mobility movement and is built on Cummins’ groundbreaking fuel-agnostic platform. This platform ensures that below the head gasket, engines for different fuel types share largely similar components to provide versatility and adaptability. The company has plans to put this engine into full production by 2027.

It has since achieved impressive early results, the 15-liter hydrogen engine included, surpassing power and torque targets, having achieved over 810 pound-feet of torque and 290 horsepower from the medium-duty engine. In addition to the 15-liter hydrogen engine, Cummins will build a 6.7-liter displacement engine. This underlines the company’s dedication to offering a diverse range of hydrogen-powered solutions.

5. MAN

MAN provides commercial vehicles and engines. It unveiled the new MAN H4576 hydrogen combustion engine at Agritechnica in 2023. Leveraging its extensive experience in the field, MAN Engines has developed the new hydrogen-powered engine based on the proven D3876 diesel engine, with 80 percent of the parts being identical. The MAN H4576 engine is a larger 16.8-liter mill compared to its diesel counterpart’s 15.3-liter engine and delivers 500 horsepower.

The design of the PistenBully 800, the truck that currently utilizes the MAN D3876 engine, is very forward-looking, as it was cleverly designed to facilitate seamless integration with the MAN H4576, with strategically allocated space for hydrogen tanks.

MAN is also known for using hydrogen in conjunction with other fuels such as HVO, as demonstrated by the hydrogen dual-fuel 12-cylinder V MAN D2862 engine that has been powering the wind farm supply ship Hydrocat 48 since mid-2022.

6. Volvo

Volvo Group is currently working on an ambitious target to exclusively produce vehicles and services, comprising heavy-duty, medium-duty, commercial, and all kinds of vehicles by 2040, which has led to trying out all forms of sustainability. For trucks and commercial vehicles, Volvo has made a substantial investment in hydrogen technology, focusing on both fuel-cell applications and also utilizing hydrogen as a renewable fuel for combustion engines.

To venture further into the realm of hydrogen combustion engine technology with both feet better planted on the ground, the Volvo Group has initiated a VICE scholarship project, selecting two PhD students to conduct vital hydrogen-based research at the Chalmers University of Technology and Lund University in Sweden. These students will be under employment at Volvo Group, starting from the first quarter of 2024.

7. Suzuki

Suzuki has been working on hydrogen combustion engine technology, since displaying the 2007 Crosscage concept bike. The company has also released a few hydrogen-powered Burgman scooters since 2010, which have used hydrogen fuel cells to power electric motors. IIn 2023, the company released a hydrogen-powered modified version of the Burgman 400 scooter that uses a hydrogen-powered internal combustion engine compared to the previous hydrogen scooters’ fuel cells.

Suzuki’s involvement in the HySE collaboration with other players like Toyota, Honda, Yamaha, and Kawasaki, is part of what helped in advancing the hydrogen-fueled propulsion for the new Burgman. The prototype’s elongated wheelbase is due to a design aimed at accommodating the hydrogen tank. The company has a focus on studying the functionality, performance, and reliability of hydrogen-powered engines. Suzuki’s efforts towards hydrogen combustion engines will pioneer the movement in the motorcycle industry.

www.aasthafintech.com

🔋MIC Electronics Ltd (Nse : MICEL ) : CMP – 42.60

🔋MIC Electronics Ltd (Nse : MICEL ) :

Cmp : 42.60

 

 Engaged in the manufacturing of LED Video Displays, high-end Electronics, and Software Development.

🔋Company has developed an electric vehicle (EV) battery charger for e-cycles and two-wheelers.

✍️Company Overview:

🔹Co started its operations with electronic display systems. Later, it forayed into the design and development of telecom products for wireline & wireless communication.

🔹It was ranked 5th in the world at one point in time in the area of true color display.

🔹It has also been a pioneer in the development and implementation of a gamut of products and services in LED Displays, Telecom Software & IT services, and Communication and Electronic products.

✍️Geographical Presence:

🔹Co has subsidiaries in the US and Australia, which provide direct access to North American and Australian markets.

🔹Post InfoSTEP acquisition, Co expanded in the US, exporting 23,000 sets of True Colour LED displays to the USA, Australia, the UK, Saudi Arabia, South Africa, and solar-powered street lighting products worldwide.

✍️Product Portfolio:

🔹MIC’s leading products, essential installations in Sports Stadiums, Transportation Hubs, Digital Theatres, Theme Parks, Advertisements & Public Information Displays.

🔸LED Display Products: Indoor and outdoor displays, end-to-end solutions, and application-specific displays.

🔸LED Lighting Products: Street, railway, solar, industrial, commercial, and domestic lighting solutions.

🔸Batteries

🔸ICT Products: Display, telecom switch, network management, computer telephony, wireless and wire-line telecom equipment.

🔸Oxygen Concentrator: manufacturing and supplying oxygen concentrators with a 10 LPM model.

✍️Revenue Bifurcation in 9M FY24:

🔹LED: 71%

🔹Automobiles: 27%

🔹Medical and Others: 2%

✍️Clientele:

🔹Co has clientele like Air India, BSNL, BHEL, LIC, MTNL, Indian railways, Procter & Gamble, L&T,  IDBI Bank, Reliance Industries,Port of Visakhapatnam, Bharat Electronics, Delhi Metro Rail corporation Ltd, Maruti Udyog are among others.

✍️Key Metrics:

🔹M Cap: ₹942 Cr

🔹P/E: 194

🔹CMP: ₹42.5

🔹ROCE: 1.41%

🔹EVEBITDA: 110

🔹Debt to equity: 0.17

🔹3 Years Sales Growth: 131%

✍️Q2FY24 Financials Highlights:

🔹Revenue at ₹10.31 Cr⬆️25% QOQ &⬆️395% YOY.

🔹OPM stands at 29.10%, compared to -25.0% YoY.

🔹Company reported Net Profit of ₹8.80 Cr. which includes Exceptional items of ₹6.62 Cr.

🔹TTM EPS at ₹0.52

✍️Key Highlights:

🔹Co has developed an electric vehicle (EV) battery charger for e-cycles and two-wheelers, which will be launching soon, with commercial operations starting in March 2024.

🔹Co is currently in the process of developing high-power-rated EV Battery Chargers.

🔹Co has divested its total investment in the subsidiary, M/s. Bikewo Green Tech Pvt Ltd, on November 11, 2023.

🔹The primary source of revenue for the company is derived from the Indian railways sector.

🔹Company’s planned R&D budgets are designed to enhance production facilities, fast-track product development, and diversify into new segments.

✍️Industry Outlook:

🔹The electrical equipment market in India is set to grow at a CAGR of 11.68% from 2022 to 2027, reaching a market size increase of USD 52.97 billion.

🔹The Indian EV charger market is forecasted to surge with a CAGR of 46.5% from 2022 to 2030, primarily fueled by the increasing demand for fast charger and type-2 installations.

🔹Demand for high-quality micro-LED displays is soaring, driven by commercial, industrial, and automotive sectors, with the market projected to skyrocket from USD 43.62 million in 2022 to USD 7.51 billion by 2028, boasting a remarkable CAGR of 135.88%.

✍️Key Strenghts:

🔹Co’s core strength lies in Technology and Product innovation, particularly in LEDs, communications, and Embedded Electronics.

🔹Leveraging its extensive experience in LED Display and mini/micro-LED TV products.

🔹Co’s core strength lies in Technology and Product innovation, particularly in LEDs, communications, and Embedded Electronics.

🔹Leveraging its extensive experience in LED Display and mini/micro-LED TV products.

✍️Future Outlook:

🔹The primary aim of the company is to fulfill its financial commitments by ensuring profitability and maintaining robust cash flow.

🔹Company is expanding its focus to identify profitable business lines beyond its core operations in the Indian Railway sector.

🔹Company aims to introduce contemporary high-end display systems applicable in various urban and rural sectors in India and globally.

✍️Shareholding Pattern:

🔹Promoters: 74.63%

🔹Retailers: 25.37%

www.aasthafintech.com