VLS Finance is a Delhi-based listed company which holds big chunks in some other listed companies like Relaxo Footwear, Ambika Cotton, Accelya Kale and many others, having a combined market value of Rs 950+ Cr. (as on 18th April 2016) The market cap of VLS Finance, on the other hand is just Rs 150 Cr. which implies one is getting […]
In the long run if there is one key variable that determines the return we make on any stock, it is the earnings growth of that company. Earnings can grow through growth in sales, sales-mix change and profit margin expansion. However, it is the first variable; sales, that is most important in the long run […]
What would you do if I give you the following information about a listed B2C company: The brands of the company are jointly owned with promoter’s private entity. The most premium brand owned by this company which brings a third of the revenue and bulk of the profitability, is under litigation, filed by company’s closest […]
Maruti says we are a country obsessed with mileage; see its famous NASA ad ‘Kitna Deti Hai’ Indians are known to be very smart consumers; always looking for value-for-money offerings. Fortunately or unfortunately, that should make us very good ‘Value Investors’ as defined by Ben Graham. However, how do we know if a stock is […]
Since a long time, I have been a loyal customer of Meru Cabs whether I am in Dehi, Mumbai or Bangalore. Being a value investor and somebody who strongly practices scuttlebutt, I generally find it hard to resist interacting with the driver. In fact most of these guys turn out to be pretty interesting and knowledgeable. […]
I first looked at Nesco around 18 months ago when it was ~700 and had love at first sight. They have an annuity business(rentals); the company owns and runs Bombay Exhibition Center, Commercial towers built on adjacent land and some pretty valuable surplus land around it (overall ~70 acres) in Goregaon, Mumbai. If one does the […]
Thanks to a great and powerful mandate to Modi sarkar – markets are making newer highs and sentiment has turned bullish after a very long time. All our top picks have been multi-baggers and they continue to do well. Here is an update on how FY14 panned out for them along with what future might […]
I was speaking to a fellow value investor when he mentioned how frustrating it is to look at the shrinking universe of value stocks with which I couldn’t agree more. Most of the good small & mid caps have doubled and trebled over last 3-4 months. Its a great thing to see your portfolio go up […]
The unanswered part of KILLER PUZZLE (Kewal Kiran Clothing) : Read Here Background: On Sep 25th 13 Prof. Sanjay Bakshi wrote on Kewal Kiran Clothing (Killer Puzzle) I have tried to dig deeper into the story. I will be sharing the probable answers for the questions raised in my next post on KKC. Views invited
It is hard to find somebody in north India who hasn’t had Crax as a kid; many even have it today after growing up just like I do 🙂 Crax brand is owned by a listed company called DFM Foods Limited. DFM stands for Delhi Flour Mills which was their original business and later got […]