2016 May

Tasty Bite Eatables turning Tastier

Posted by | Business Models, Stocks | No Comments

We had invested in Tasty Bite Eatables in April 2015 when the stock price was Rs 640. In this post, we will briefly cover what attracted us to the company and how the thesis is playing out. 
Tasty Bite Eatables (TBE) is a company incorporated in 1986 and is mainly into ready-to-eat food. It was promoted by Ghai Family who also used to own franchise of Kwality Ice Cream in Western India. The company went through some interesting times in its brief history; sometimes a great idea fails because it is ahead of its time. Perhaps this was true for Tasty Bite too which questioned its very survival leading it into Board for Industrial & Financial Reconstruction (BIFR). Eventually it got acquired by Hindustan Unilever which withdrew from Indian markets as Indians weren’t ready for ‘ready-to-eat’ food

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What makes Thyrocare a great business?

Posted by | Food for thought, Scuttlebutt | 9 Comments

What makes Thyrocare a great business?
I probably first got to know about Thyrocare Technologies Limited (a company into Healthcare Diagnostic) through a 2010 ET article titled ‘PE firm buys 30% in Thryocare as comapany seeks to tap radiology segment‘ and later in 2012 when Thyrocare had second round of funding  ‘Norwest Venture Partners invests Rs 120 cr in Thyrocare‘
As I read more about the company I found some very interesting pointers:

First Indian laboratory to have an IT enabled, 24×7, fully automated diagnostic laboratory
Set up covering over 2,00,000 sq. ft. floor space (a centralized laboratory)
that ensures error free processing of over 40,000 specimens and over 2,00,000 Clinical Chemistry investigations per night. (mind-boggling numbers..isn’t it?)
The unmatched speed factor is achieved through a combination of air-cargo logistics and

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