Author: AasthaFinTech

what is liquidbees And Benefits ? ( below HINDI )

Liquidbees क्या  है और लाभ ? 

👉🏻एक ईटीएफ जहां हम अपना पैसा जमा कर सकते हैं – आपके ट्रेडिंग खाते में धनराशि रखने के विकल्प के रूप में

👉🏻 यह एक्सचेंज ट्रेडेड फंड विशेष रूप से ओवरनाइट मनी मार्केट में निवेश करता है, जो उच्च स्तर की सुरक्षा और तरलता प्रदान करता है।

👉🏻यह सुनिश्चित करने के लिए आरबीआई द्वारा निगरानी की जाती है कि पुनर्भुगतान या तरलता के मामले में कोई चुनौती न हो।

👉🏻इस उपकरण के काम करने का तरीका वास्तव में काफी दिलचस्प है। ईटीएफ की कीमत 1000 रुपये पर स्थिर रहती है और आप जो रिटर्न कमाते हैं वह इकाइयों के रूप में दैनिक लाभांश होता है जिसे ईटीएफ में फिर से निवेश किया जाता है।

👉🏻ये इकाइयां (आपका रिटर्न) साप्ताहिक आधार पर आपके डीमैट खाते में जमा की जाती हैं।

👉🏻हर दिन, LiquidBees ETF उन्हें मिलने वाले ब्याज पर लाभांश का भुगतान करता है ताकि NAV वापस रु. पर आ जाए। 1000.

👉🏻 हर दिन, लिक्विडबीज़ ईटीएफ जो भी ब्याज प्राप्त करता है उस पर लाभांश का भुगतान करता है ताकि एनएवी वापस रुपये पर आ जाए। 1000. इसलिए, यदि उन्हें मुद्रा बाजार से ब्याज के रूप में 0.1% मिलता है, तो एनएवी रुपये से बढ़ जाएगी। 1000 से रु. 1001 (1 रु. 1000 का 0.1% है)। एनएवी को वापस रुपये पर लाने के लिए। 1000 वे रुपये का भुगतान करेंगे. 1 लाभांश के रूप में।

👉🏻लिक्विडबीज़ को एनएसई और बीएसई के पूंजी बाजार खंड में सूचीबद्ध और कारोबार किया जाता है

👉🏻 यदि हम अपने फंड को ट्रेडिंग खाते में खाली रखते हैं, तो किसी समय हम खुद को अनावश्यक रूप से व्यापार या निवेश की ओर धकेलते हैं या यदि हम फंड को निष्क्रिय रखते हैं तो यह मासिक/त्रैमासिक निपटान के कारण वापस बैंक खाते में जमा हो जाएगा।

👉🏻यदि आप ब्रोकरेज कंपनी के पास धनराशि रखते हैं, तो वे आपको कोई ब्याज नहीं देंगे।

👉🏻तो बेहतर होगा कि कुछ ब्याज पाने के लिए LiquidBees खरीदें, जहां आपके पास कोई ब्याज नहीं था।

यह आपकी मुफ़्त नकदी को “पार्क” करने का एक आसान तरीका है।

👉🏻यहां तरल मधुमक्खियां बहुत महत्वपूर्ण भूमिका निभाती हैं।

यह जानते हुए कि इस ETF का मूल्य वही रहेगा यानी 1000, हम इन्हें कभी भी खरीद/बेच सकते हैं।

👉🏻सरल शब्दों में: भले ही बाजार क्रैश हो जाए- वैल्यू 1000 ही रहेगी, इसलिए नुकसान का कोई खतरा नहीं।

👉🏻जब भी आपको बाजार में कोई अवसर दिखे, तो आप लिक्विडबीज़ को बेच सकते हैं और उन फंडों का उपयोग व्यापार/निवेश के लिए फिर से कर सकते हैं।

👉🏻जब आप स्टॉक खरीदना चाहते हैं तो आप LiquidBees बेच सकते हैं और आमतौर पर ब्रोकर आपको उसी दिन खरीदने की अनुमति देते हैं, इसलिए आप उस दिन ही अपना स्टॉक खरीद सकते हैं।

👉🏻 ट्रेडिंग खाते में निष्क्रिय फंड कोई रिटर्न उत्पन्न नहीं करेगा, लेकिन साथ ही तरल मधुमक्खियों में निवेश करने से रिटर्न उत्पन्न होगा।

👉🏻 कोई प्रतिभूति लेनदेन कर (एसटीटी) नहीं, इसलिए खरीदने, बेचने की लागत न्यूनतम होगी।

👉🏻 जब आप कोई स्टॉक खरीदते हैं तो कई डिस्काउंट ब्रोकर शून्य ब्रोकरेज चार्ज करते हैं – केवल लगभग रु. का डीमैट शुल्क। जब आप इसे बेचते हैं तो 20 रुपये प्रति दिन का शुल्क लिया जाता है।

प्रवेश की कम लागत आपको लिक्विडबीज़ में बड़ी शेष राशि बनाए रखने की अनुमति देती है

👉🏻आप ट्रेडिंग मार्जिन के लिए LiquidBees का भी उपयोग कर सकते हैं। मान लीजिए यदि आप फ्यूचर खरीदते हैं, तो आपको वास्तव में एक्सचेंज को पूरा पैसा नहीं देना होगा।

👉🏻 आपको मार्जिन के लिए बस अपनी लिक्विडबीज़ को गिरवी रखना होगा।

👉🏻 LiquidBees को नकदी के बराबर माना जाता है। यदि आप अपनी लिक्विडबीज़ होल्डिंग्स को गिरवी रखते हैं, तो वे आपको मूल्य का 90% मार्जिन के रूप में देते हैं – केवल 10% हेयर कट के साथ डेरिवेटिव सेगमेंट के लिए नकद समकक्ष मार्जिन के रूप में उपयोग किया जा सकता है।

What is Liquidbees?

👉🏻 An ETF where we can park our cash – As an alternative to keeping funds in your trading account

👉🏻 This Exchange Traded Fund exclusively invests in the overnight money market, providing a high level of safety and liquidity.

👉🏻 It is monitored by the RBI to ensure there are no challenges in terms of repayment or liquidity.

👉🏻 The way this instrument works is actually quite interesting. The price of the ETF stays constant at Rs 1000 and the returns you earn are daily dividends in the form of units which are again re-invested in the ETF. 

👉🏻 These units (your returns) are credited to your demat account on a weekly basis.

👉🏻 Every day, the LiquidBees ETF pays out a dividend on whatever interest they receive so that the NAV falls back to Rs. 1000. 

👉🏻 Every day, the LiquidBees ETF pays out a dividend on whatever interest it receives so that the NAV falls back to Rs. 1000. So, if they get 0.1% as interest from the money market, the NAV will increase from Rs. 1000 to Rs. 1001 (Rs.1 is 0.1% of 1000). To Bring back the NAV to Rs. 1000 they will pay out Rs. 1 as dividend.

👉🏻 Liquidbees are Listed and traded on the capital market segment of the NSE & BSE

👉🏻 If we keep our funds free in Trading account, at some point of time we push ourselves towards trading or investing unnecessarily or if we keep the funds idle then it will be credited back to bank account due to Monthly/Quarterly settlements. 

👉🏻 If you keep funds with the brokerage company, they won’t pay you any interest. 

👉🏻 So better buy LiquidBees to get some interest where you had none. 

This is an easy way to “park” your free cash.

👉🏻 Here Liquid bees plays a very imp role.

Knowing that the Value of this ETF will remain same i.e 1000, we can buy/sell them anytime.

👉🏻 In simple words: Even If the market crash- Value will remain at 1000, So, no risk of loss.

👉🏻 Whenever you see any opportunity in market, you can sell Liquidbees and use those funds again for trading/investing.

👉🏻 When you want to buy stocks you can sell the LiquidBees and typically brokers allow you to buy on the same day, so you can buy your stocks on that day itself.

👉🏻 Idle funds in trading a/c will not generate any returns, but at the same time investing in liquid bees will generate returns.

👉🏻 No Securities Transaction Tax (STT) so cost of Buy sell will be minimal.

👉🏻 Many discount brokers charge zero brokerage when you buy a stock – only a demat charge of around Rs. 20 per day is charged when you sell it. 

The low cost of entry allows you to maintain large balances in LiquidBees

👉🏻 You can also use LiquidBees for trading margins. Suppose If you buy a future, you don’t have to actually pay the full money to the exchange. 

👉🏻 You just need to Pledge your Liquidbees for Margin.

👉🏻 LiquidBees is considered as equivalent to cash. If you pledge your LiquidBees holdings, they give you 90% of the value as margin – Can be used as cash equivalent margin for derivatives segment with a 10% hair cut only.

www.aasthafintech.com

✍My view on Borosil Renewable: 

👉🏻  People say Borosil Renewable is monopoly and yes it has major market share in solar glass business. 

👉🏻  Though Borosil Renewable is a kind of market leader or monopoly but the business doesn’t have – MOA (it’s a weak moat). On paper, Borosil Renewable has a strong MOAT in terms of exclusive solar glass production.

👉🏻   When there is no moat disruption comes with competition in pricing n further loses margins  

👉🏻  The disruption mainly comes from China which has more than 90% market share in solar glass n panels in the world 

👉🏻  If the Govt won’t put restrictions on Import of Solar glass or solar panels, obviously these kind of businesses faces tough challenges.

www.aasthafintech.com 

CMP 856

Landmark Cars Limited :

Company has received approval from BYD India Pvt Ltd to open a showroom in South Mumbai, Maharashtra, solidifying its position in the electric vehicle space. This will be the company’s fourth BYD showroom, furthering its partnership with the top New Energy Vehicle manufacturer worldwide. Landmark Cars is a leading premium automotive retail business in India, with dealerships for various brands and a presence across the automotive retail value chain.

Landmark Car  Channel Partner 

1.MERCEDES 

2.JEEP

3.HONDA

4.VOLKSWAGEN 

5.RENAULT

6.BYD

7.MG

8.ASHOK LEYLAND

https://www.grouplandmark.in/

www.aasthafintech.com 

 

♻Solar Power EPC Companies

✍About the company:

🔷Waaree Renewables Technologies Ltd:

🔸Co operates in renewable energy, particularly solar PV, with a focus on solar pumps, solar parks, captive consumption, floating solar & rooftop solar.

✍Manufacturing Facilities:

🔸Co has its energy generation site located in Maharashtra, India. 

🔸The largest solar panel manufacturing capacity in India, boasting 12GW in Gujarat.

🔸Company has completed 10,000+ Projects in Pumps, Telecom & Rooftops.

✍Clientele:

🔸Arcelor Mittal

🔸Aditya Birla Group

🔸Bharat Petroleum

🔸Cello

🔸Larsen and Toubro

🔸Mumbai Metro MMRDA

🔸Mondelez International

🔸NTPC

 🔸Reliance Industries Limited

🔸MSL and others.

🔷Waaree:

🔸EPC Contract: 98.4%

🔸Power Sale: 1.6%

✍Key Metrics:

🔸M Cap:  ₹ 7,998 Cr.

🔸P/E: 75.4

🔸CMP: ₹ 3,840

🔸ROCE: 83.8%

🔸3 Years Sales Growth: 295%

✍Financials Highlights Q2FY24:

🔸Revenue at ₹150 Cr

🔹YOY:⬆24%

🔸Operating Profit at ₹28 Cr

🔹YOY: ⬆116%

🔸PAT at ₹18 Cr

🔹YOY: ⬆125%

✍Important Ratios/Metrics:

🔸Debt/Equity: 0.34

🔸PEG Ratio: 0.29

🔸EV/EBITDA: 51

🔸Working Capital Days: -33

✍Future Outlook:

🔸The company expects an EBITDA margin of around 15% to 25%. 

🔸Company is expected to generate O&M revenue of around ₹10-10.5 Cr for the full year.

🔸Installed capacity of solar and wind expected to double to 218 GW in the next five years.

🔸Company is setting up a 1 MW green hydrogen plant integrated with the ecosystem on a BOB basis.

✍Shareholding Pattern:

🔸Promoters:  74.46%

🔸DIIs: 0.09%

🔸Retailers: 25.43%

www.aasthafintech.com 

 

CMP – 117

✍🏻 Fundamental Analysis of Jamna Auto Industries:

Jamna Auto Industries – Future Plans

CMP – 117

✍🏻 Fundamental Analysis of Jamna Auto Industries:

 India’s infrastructure is growing at a rapid rate, led by an increase in consumer as well as government spending on infrastructure. This has increased the demand for goods to be transported throughout the country.

✍🏻 Company Overview:

Jamna Auto Industries was founded by Bhupinder Singh Jauhar in 1954. What began as a small shop in Yamunanagar selling springs now provides all kinds of suspension solutions for Commercial Vehicles (CVs). The Company is currently headed by Randeep Singh Jauhar, who serves as the Company’s Chairman and managing director.

Jamna Auto provides Leaf Springs, Parabolic Springs, Lift Axles, Trailer Suspension and Air suspension, and Allied components for the segments of Commercial Vehicles (CV). 

It has 8 existing plants, 2 newly launched & 2 plants under construction, spread across India. Its clients include the likes of Tata Motors, Force Motors, Ashok Leyland, Scania, Volvo, Isuzu, and Bharat Benz among others.

Now we will understand Jamna Auto’s segments individually

✍🏻 Segment Analysis

Original Equipment Manufacturers (OEMs): It currently comprises Conventional Leaf Springs, Parabolic Leaf Springs, and Z-Springs among others. It soon plans to launch Bogie Bracket, ATS Bracket, Hanger Shackles, Spring Pin & U-Bolt. 

Ashok Leyland, Bharat Benz, Force Motors are the OEM clients of Jamna. It also has collaboration with NHK Spring Co. Ltd, Japan for Tapered Leaf Springs & Ridewell Corporation, USA for manufacturing of Design & Manufacturing of Air suspension Axles.

✍🏻 Domestic : In this segment, the Company offers Brake Lining, Trailer Axle, Water Pump, and Clutch among others. Jamna has 300 + distributors, 11500+ stores, and 15000+ mechanics. The company is focusing on addressing market of highly consumable items.

✍🏻 International : Jamna currently exports 800 different items to over 15 countries across the globe. It aims to add approx. 40 new countries in the next 12 months. It has two domestically set up manufacturing plants that exclusively cater to its export requirement. It has also set up a dedicated team in United States, Latin America & Commonwealth of Independent States (CIS).

✍🏻 Agri-division: Under this division Jamna offers Rotavator, Cultivator, Fertilizer Broadcaster, Laser Land Leveller & 5 such other products. It is also set to launch a whole host of products such as the Sub soiler, Disc Plough, Trailer, Mulcher,

In FY2023, the Company also began to supply agricultural implements for the open market and it currently focuses on developing products for M&M’s export requirements. With the intent of increasing its content per vehicle, the company has commenced the supply of machined castings to Leyland in Uttaranchal for mining and heavy trucks.

✍🏻 Industry Overview:

The Indian auto ancillary industry is one of the crucial industries in India and contributes 2.3% to the total GDP, employing about 15 Lakh people directly and indirectly. The sector derives 61% of its revenue from OEMs, 18% from the aftermarket, and 21% from exports.

The Commercial vehicle demand grew as high as 34% in the previous year, close to the pre-COVID peak level of FY19. This led to an equivalent rise in its ancillary sector. The sector is estimated to grow by 14-16% this fiscal year. 

An increase in demand for Passenger & commercial vehicles in FY23 would help increase the demand from OEMs to grow by 18-20%. The demand growth for aftermarket products is estimated to be 7-8% this fiscal. The export business witnessed 40% growth in FY22 and is expected to increase 8-10% in FY23 owing to stable demand from the European and US markets.

Growth in infrastructure development spending, road construction projects, mining, E-commerce & construction activity is primarily driving demand for CVs.

The industry ended the year on a strong note, with impressive growth among OEMs as well as after-market. The implementation of the scrappage policy is likely to spur further demand for CVs. However, supply chain disruptions and fluctuation in commodity prices remain a challenge haunting the auto ancillary industry

✍🏻 Jamna Auto Industries – Financials:

Revenue & Net Profit Growth

Jamna grew its topline by 35.36%, growing from Rs. 1718 Cr. in FY22 to Rs. 2523 Cr. in FY23 to hit a 5-year high. Despite such high growth in revenue, the Company was able to increase its profitability by only 19.58%, from Rs. 141 Cr. in FY22 to Rs. 168 Cr. in FY23. 

However, the Company’s performance is really slow on a long-term basis recording a 5-year CAGR of only 2.16% & PAT of 5.2%.

The Company also reported a spectacular jump in Operating cash flow increasing by 343x over last year on account of conversions of Trade Receivables to cash. 

✍🏻 Profit Margins

The Company has reported 11.27% Operating Margins (OPM) & single digit Net Profit Margins (NPM) of 7.24%. 

The Company hit a 3 3-year low in terms of OPM. This goes to show how the industry as well as the Company operate on razor-thin margins.

Raw material is the most significant cost driver for the Company, costing 68.3% of its Net Sales, while fuel & employee benefit expenses cost 7.32% & 6.24% respectively. 

✍🏻 Return Ratios

Despite tackling razor-thin margins, the company reports a RoCE of 27.95% & RoE of 23.02%, a 4-year high for the Company. Return ratios increased due to the increase in PAT of Rs. 168 Cr., which was a 5-year high for the Company. 

The fact that the Company is able to maintain a RoE above 20% despite single-digit margins shows that the Company is not focused on reinvesting its earnings rather than taking debt.

✍🏻 Debt Analysis:

Jamna Auto is virtually a debt-free Company, with a D2E of 0.02x. Its debt-to-equity ratio fell from 0.26x last year, on account of repayment of short-term obligations that came down from Rs. 178 Cr. to just about Rs 19 Cr. This led to even stronger fortification in the Company’s finances as the Interest Coverage ratio jumped from 46.85x to 67.45x.

✍🏻 Future Plans Of Jamna Auto Industries:

A new plant has been established in Jharkhand, which is anticipated to be fully operational by the second quarter of FY 24. The facility will manufacture parabolic springs for use in Heavy Commercial Vehicles (HCVs). This is in response to the growing need for lighter products, to comply with BS6 norms.

The Company has also increased its Capital Expenditure (CAPEX) from Rs. 37 Cr. in FY22 to Rs. 88 Cr. in FY23, a 139% increase.

The Company has set a target “Lakshya 50XT” which aims to earn 50% of its revenue from its new products segment, new markets, and Dividend Payout from the current 44%, 20% & 45% respectively. It has set a deadline of 2027 to achieve these targets.

✍🏻Conclusion :

After a thorough analysis of Jamna Auto Industries, we understand that the Company is poised for spectacular growth on the back of the Commercial vehicle segment.

The Company also increased dividend payout to its shareholders, by 80%, from Rs. 39Cr. To Rs. 72Cr. This resulted in the dividend payout ratio (DPR) increasing from 43% to 45%, it now targets to achieve a DPR of 50% in the upcoming 5 Years.

www.aasthafintech.com

𝗝𝗶𝗼-𝗕𝗹𝗮𝗰𝗸𝗥𝗼𝗰𝗸

𝗝𝗶𝗼-𝗕𝗹𝗮𝗰𝗸𝗥𝗼𝗰𝗸: 𝗔 𝗕𝗲𝗵𝗲𝗺𝗼𝘁𝗵 𝗶𝗻 𝘁𝗵𝗲 𝗠𝗮𝗸𝗶𝗻𝗴

✍🏻 Multiple analysts and fund managers are discounting Jio Fin as a stock to stay away from due to intense competition in the financial services space.

But I have a different opinion.

✍🏻 Let’s first understand the major players behind the partnership and bit of history.

✍🏻 Jio Fin comes from the stable of Reliance and headed by Isha Ambani – rumoured to be Mr. Ambani’s favourite. Assisting her is the legendary KV Kamath, a former chief of the BRICS NDB Bank.

Isha Ambani has stellar credentials – she’s a graduate of Yale and a postgraduate from Stanford. Those are literally the best business schools in the world.

✍🏻 KV Kamath was the successor to Narayana Murthy at Infosys and was the main architect behind ICICI Bank.

There’s no way Mr. Ambani is going to let her daughter fail, and will put his full force and support in making sure Jio Fin takes off the ground and flourishes.

✍🏻 The partnership with BlackRock is intended to help the firm go global once it finds its footing in India.

Now let’s look at BlackRock – the world’s largest asset management company (AMC).

It manages $9.42 trillion worth of assets, or 3x the GDP of India.

✍🏻 Their managers are on the board of every major corporation in the U.S influencing decisions.

An unparalleled corporate network.

✍🏻 When BlackRock started up in a single room office with 8 people in 1988, the AMC landscape in the US was already very mature. The biggest AMCs during that time:

1. Goldman Sachs

2. T.Rowe Price

3. Vanguard

4. State Street

5. SS&C Advent

6. American Century

7. Bessemer Trust

Even in such a crowded space, founder Larry Fink and team quadrupled their assets within ONE YEAR.

✍🏻 In 2006, just 18 years after founding, BlackRock crossed $1 trillion in AUM.

It’s safe to say that they know a thing or two about scaling up in the AM space.

Now let’s come back to Jio Fin. Their lending portfolio as of Jan 2024 are identified as follows:

1. Secured lending for electronics with a Device-as-A-Service (DaAS) model

2. Supply chain financing for trade & commerce

3. Lending against shares & mutual funds

✍🏻 All three are well risk-diversified and untapped for deep penetration.

Subsidiaries:

Insurance Broking – Non-brainer. Currently tied up with 27 insurance companies.

Payment Solutions – Consolidate ops under JPSL.

Reliance Strategic Holdings Ltd – Assets of ₹4.9 lakh crores ($6 billion) in 17.2 crores RIL shares

All looking solid.

✍🏻 The Jio-BlackRock JV partnership would be initially restricted to their mutual fund business for which the company has already filed applications with SEBI.

Initial investment will be a total of $300 million & will have its own management team overseen by the same BoD of JioFin.

There’s no question of efficiencies in both the companies as they’re both listed in their respective countries and have a great track record.

✍🏻 This will be BlackRock’s second outing in India after a failed partnership with DSP, and they’re set to make it count.

Jio Fin has ready access to a massive database of Jio Telecom users who are the largest pool of data consumers in the world.

✍🏻 Customer acquisition, stratification and service would be extremely cost-effective for Jio Fin vis-a-vis other AMCs/financial companies.

Not to mention the fact that they may even apply for banking and insurance license in the future making it fully backward integrated with the full might of the Reliance Group behind it.

✍🏻 It’s a very real possibility.

In summary, the opportunity of Jio Fin confluences with what Jio Telecom had in 2016, when everyone discounted their ability to perform in a saturated market – remember the jokes about how users will have the Jio SIM for data and another for calling?

Well, we all know how that worked out.

www.aasthafintech.com 

🔋High Energy Batteries (India) Ltd:

 A Micro-cap powering the Nation’s Defense and Mobility with Cutting-Edge Battery Solutions

✍Company’s historical background:

🔹Established in 1979 for manufacturing 45Ah Silver Oxide Zinc batteries for MIG Aircraft. 

🔹In 1981, expanded into missile battery systems in collaboration with DRDL, supplying batteries for PRITHVI, AGNI, and BrahMos.

🔹In 2009, diversified into Lead Acid Batteries for Auto and VRLA for Standby Applications in the consumer market.

✍About the company:

🔹Company is engaged in the business of manufacturing Hi-Tech batteries for use in Army, Navy, Airforce and Launch Vehicles and also commercial batteries for Auto and Standby VRLA applications and also exports products to various countries.

✍Market Share:

🔹Co is the sole supplier of silver-zinc batteries to the Indian Navy defense and holds a market share between 65% and 70%.

✍Products Portfolio:

🔹Co manufactures Aircraft Batteries, Torpedo Batteries, Missiles, and Helicopter Batteries.

👉EMS Ltd 

Business overview

EMS Limited is a multi-disciplinary EPC company, headquartered in Delhi that specializes in providing turnkey services in water and wastewater collection, treatment and disposal.

 EMS provides complete, single-source services from engineering and design to construction and installation of water, wastewater and domestic waste treatment facilities

👉 Revenue Split

⭐Water and Wastewater Treatment: 78.7%
⭐Electrical Transmission and Distribution: 13.2%
⭐Operation and Maintenance of Water and Wastewater Projects: 8.1%

👉 GROWTH STRATEGIES

⭐Entering new geographical markets: If they’re currently focused on a limited region, expanding into new countries or continents could unlock significant growth potential.
⭐Pursue new types of projects: Depending on their existing expertise, venturing into different infrastructure sectors, like renewable energy or water treatment, could offer fresh opportunities.
⭐Improve project management and execution: Implementing lean principles and optimizing project workflows can boost efficiency and profitability.

👉Role of company in clean india segment

⭐Providing EPC services for Clean India projects: Even if they don’t directly develop Clean India solutions, EMS LIMITED could be involved in building
⭐Partnering with other Clean India initiatives: They could collaborate with government agencies, NGOs, or private companies to bring their expertise to Clean India projects.
⭐Developing and adopting clean technologies: By implementing sustainable practices within their own operations and projects, they can contribute to the Clean India mission.

👉 Fundamental ratios

⚡Market Cap : ₹ 2,512 Cr.

⚡Current Price : ₹ 452

⚡Stock P/E : 23.4

⚡ROE : 24.8 %

⚡OPM : 27.7 %

⚡ROCE : 32.7 %

⚡Qtr Profit Var : 53.7 %

⚡Qtr Sales Var : 73.9 %

⚡ROIC : 24.1 %

⚡Return on assets : 19.0 %

⚡Debt to equity : 0.07

www.aasthafintech.com 

👉 HFCL Limited 🆚 RITES

🌟 Both Company Analysis👇

👉HFCL Business overview

HFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable (OFC).

👉Rites ltd Business overview

Established in 1974, RITES Limited is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach.

The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).

👉HFCL Revenue Split :-

⭐Telecom Products:67%
⭐Power Projects : 14%
⭐Services: 19%

👉Rites ltd Revenue Split :-

⭐Consultancy Services: 45.5%
⭐Turnkey Projects : 23.9%
⭐Leasing : 4.5%
⭐Manufacturing : 34.1

👉HFCL Product portfolio :-

⭐Fiber Optics
⭐Telecommunication
⭐Defense
⭐Railway Communications
⭐System Integration Services

👉Rites ltd Product portfolio :-

⭐Rolling Stock
⭐Railway Equipment
⭐Software Solutions
⭐Technology Transfer

👉HFCL Order book

HFCL’s total consolidated order book stood at ₹7,009 crore

👉Rites ltd Order book

The order book of RITES Ltd was ₹5008 crore

👉HFCL Client

⭐Vodafone Idea, Airtel, Jio, Bharti Airtel, BSNL, MTNL,
⭐Indian Armed Forces: Army, Navy, Air Force
⭐DRDO
⭐Indian Railways
⭐Metro rail

👉Rites ltd Clients

⭐Central Government
⭐State Governments
⭐Public Sector Undertakings (PSUs)
⭐Multilateral Agencies
⭐Private companies

👉HFCL Manufacturing facilities

⭐Solan, Himachal Pradesh: This state-of-the-art electronics manufacturing plant
⭐Gurgaon, Haryana: This facility focuses on the production of optical fiber cables and related products.
⭐Goa: Another optical fiber cable and product manufacturing facility.
⭐Chennai, Tamil Nadu: This is HFCL’s newest plant, which started commercial production of optical fiber in November 2023
⭐Hosur, Tamil Nadu: This facility manufactures cable reinforcement solutions.

👉Rites ltd Manufacturing facilities

It has a wide range of experience in the manufacturing sector, having provided consultancy services for the setting up of new manufacturing facilities, as well as for the modernization and upgradation of existing facilities.

👉HFCL Key projects

⭐5G network rollouts: HFCL is playing a key role in the rollout of 5G networks in India.
⭐Railway communications: HFCL has implemented various communication networks for the Indian Railways
⭐Open-source Wi-Fi 7 Access Point: HFCL developed the world’s first open-source Wi-Fi 7 Access Point

👉Rites ltd Key projects

⭐Railway Infrastructure: Third line from Pendra Road to Anuppur, PMC work for railway electrification across 2200 KM
⭐Highway Development: PMC for KIIFB-funded road and bridge projects in Kerala,
⭐Airports: Design and PMC for development of airports at Chitrakoot and Raichur.
⭐Urban Infrastructure: Detailed engineering & project supervision for development of ICD at Karambeli, Vapi.

👉HFCL Growth strategies

⭐Dedicated 5G business division: HFCL has established a specific division to capitalize on the immense opportunities in India’s 5G rollout. This division focuses on product development, in-system integration, and O-RAN solutions.
⭐Developing 5G-ready products: HFCL is actively innovating and launching new products compatible with 5G networks, like Access Points, Wi-Fi Access Points, and Unlicensed Band Radio.
⭐Focus on R&D: HFCL continuously invests in research and development to stay ahead of the curve. This includes collaborations with global tech giants and initiatives like the 5G Lab-as-a-Service and open-source Wi-Fi 7 Access Points.
⭐Adopting transformative technologies: HFCL is actively embracing new technologies like AI, IoT, and cloud computing to enhance their product offerings and internal processes

👉Rites ltd Growth strategies

⭐RITES Videsh: This initiative aims to tap into opportunities in international markets, particularly in Africa and Southeast Asia. They have already secured several projects in these regions and are actively looking for more.
⭐New-age areas: RITES is also exploring new areas of growth within the transport sector, such as intelligent transportation systems, logistics, and urban mobility.
⭐Railways: RITES has a strong presence in the Indian Railways sector and is looking to further capitalize on the government’s focus on railway infrastructure development.
⭐Other infrastructure sectors: The company is also expanding its presence in other infrastructure sectors, such as roads, highways, ports, and airports

👉HFCL Future initiatives

⭐Emerging Technologies: HFCL is constantly exploring new technologies to be future-ready. They are actively involved in research and development activities related to next-generation technologies like AI, IoT, and cybersecurity solutions.
⭐Social Responsibility: HFCL has a strong commitment to corporate social responsibility (CSR). They carry out preventive healthcare initiatives across India and support community development projects.
⭐Financial Performance: HFCL plans to further improve its financial performance by focusing on operational efficiency, margin improvement, and debt reduction.
⭐Defense Equipment Manufacturing: HFCL is setting up a greenfield facility for manufacturing defense equipment. This aligns with the “Make in India” initiative and aims to cater to the increasing demand for domestically produced defense electronics

👉Rites ltd Future initiatives

⭐Green Infrastructure Solutions: Integrating sustainability into all infrastructure projects, focusing on renewable energy, energy efficiency, and carbon neutrality. This could involve developing green airports, railways, and roads, as well as implementing carbon capture and storage technologies.
⭐ESG Compliance: Aligning operations and projects with Environmental, Social, and Governance (ESG) principles, potentially leading to improved stakeholder engagement and attracting environmentally conscious investors.
⭐Circular Economy Practices: Promoting resource efficiency and waste reduction through initiatives like reuse, recycling, and upcycling in infrastructure projects.

👉HFCL  Fundamental ratios

⚡Market Cap : ₹ 14,245 Cr.
⚡Current Price : ₹ 99.7
⚡Stock P/E : 46.6
⚡ROE : 10.2 %
⚡OPM : 13.4 %
⚡ROCE : 15.2 %
⚡Qtr Profit Var : -15.2 %
⚡Qtr Sales Var : -5.28 %
⚡ROIC : 13.0 %
⚡Return on assets : 5.97 %
⚡Debt to equity : 0.25

👉Rites ltd  Fundamental ratios

⚡Market Cap : ₹ 15,115 Cr.
⚡Current Price : ₹ 629
⚡ROE : 21.3 %
⚡OPM : 27.4 %
⚡ROCE.: 29.7 %
⚡Qtr Profit Var : -23.6 %
⚡Qtr Sales Var : -11.6 %
⚡ROIC : 24.2 %
⚡Return on assets : 9.64 %
⚡Debt to equity : 0.00

👉HFCL Shareholder Pattern

⭐Promoters ; 37.84%
⭐FIIs : 8.18%
⭐DIIs : 4.55%
⭐Public ; 49.37%
⭐Others : 0.08%

👉Rites ltd Shareholder Pattern

⭐ Promoters : 72.20%
⭐FIIs : 3.22%
⭐DIIs : 12.27%
⭐Public : 12.31%

www.aasthafintech.com

        Solar Industries

 CMP –  6715                               

It all began in 1995 Founded by visionary Shri Satyanarayan Nandlal Nuwal, Solar Group has evolved from a single site manufacturing company in 1995 to a globally recognised *Industrial Explosives 🧨 manufacturer today.  With our extensive experience, expertise and potential founded on our years of experience in the Industrial Explosives segment, we have entered into Defence and setup one of the world’s most integrated facilities for Ammunition.

Perfect Recipe for MultiBagger :

✅Sales is growing at rapid pace 

✅Margins are increasing or stable 

✅Capex through internal accruals

✅Low Retail shareholding 

✅Consistent Cash generating machines