Advait Infratech Order, Ceinsys Tech Large Order And Datamatics Global Services Certifications

Advait Infratech Ltd.

Recent filing: (ORDER) Advait Infratech Energy has been declared as a qualified bidder by the Gujarat Urja Vikas Nigam Ltd for 50 MW/500MW out of the project for setting up of 500 MW/1000 MWh Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Global Competitive Bidding (Phase-IV) with Viability Gap Funding Support, project needs to be completed within 18 months.

SUMMARY: 6y Operating Profit uptrend | PE 65.2x (Sector PE range 50-90) | Fund raise | Large Order | MoUs | Ace Investor | Promoter Buying | Institutional Entry | Green Energy | Power and Telecom Infra

FUTURE OUTLOOK: As per Q2FY25 Investor presentation, Company manufacturing plant, located in Kadi, Gujarat, boasts a current capacity of 300 MW/year, with plans to expand to 1000 MW/year by 2030.

• MCap of INR 1,577 Crore (share price = INR 1,460/share) (as on 3rd Dec ‘24)
• TTM PE 65.2x (as on 3rd Dec ‘24) Retail float = 16.9% (Sep-24)

FOOD FOR THOUGHT: Intensely competitive EPC industry given low barriers to entry | Dependence on tenders floated by government

Question 1: Who are the promoters of Advait Infratech?

Since its establishment in 2009, the Company has been at the forefront of delivering robust products and solutions tailored for power transmission, substation, and telecommunication infrastructure. In 2023, it has diversified into green energy, through its entrance into the supply of electrolysers and fuel cells. The Company has also extended its impact into climate services, focusing on sustainability consultancy, decarbonization consultancy, and comprehensive carbon consultancy services.

Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education 

Ceinsys Tech Ltd.

Recent filing: (LARGE ORDER) Ceinsys Tech announced that as per its earlier communication dated Oct 9, 2024, regarding Letter of Award worth INR 331.6 Cr, it has now received a work order worth 330 Cr from the State Water and Sanitation Mission (SWSM) under the Water Supply and Sanitation Department (WSSD), Government of Maharashtra. This work order is for the implementation of the project in the Nashik, Amravati, and Chhatrapati Sambhaji Nagar regions of Maharashtra, covering 18 districts.

SUMMARY: 4y Operating Profit uptrend | 4q Operating Profit uptrend | PE 65.7x (Sector PE range 30-50) | Fund Raise | Large Order | Orderbook of INR 1,210 Cr (Sep-24) (4x of TTM revenue) | New-Age IT

FUTURE OUTLOOK: As per Q2FY25 Concall, Company has given revenue guidance of INR 1,000 Cr (73% CAGR) in the next 2-3 years on the basis of the current order book of INR 1,210 Cr.

• MCap of INR 2,987 Crore (share price = INR 1,712 / share) (as on 3rd Dec ‘24)
• TTM PE of 65.7x (as on 3rd Dec ‘24) Retail float = 23.2% (Sep-24)

FOOD FOR THOUGHT: Risk of timing of receivables from Govt. bodies.

Question 1: Who are the promoters of Ceinsys Tech ?

Established in 1998, Ceinsys Tech Limited is leveraging smart technology and analytics to deliver new age solutions in the geospatial and engineering domains. The service offerings of the company include Geospatial Services, Risk Analytics, Engineering Support, Digital Enterprise, Consulting Service and Software Solutions to various industries like Water, Oil & Gas, Energy, Telecom, Transport etc.

Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery 

Datamatics Global Services Ltd.

Recent filing: (CERTIFICATIONS) Datamatics Global has acquired Cyber Essentials and Cyber Essentials Plus certifications. These industry-leading certifications, backed by the UK Government's National Cyber Security Centre (NCSC), validate Datamatics' commitment to cybersecurity and further enhance the company's ability to deliver secure, reliable services to its customers globally. The Cyber Essentials and Cyber Essentials Plus certification schemes are UK Government-backed programs designed to help Enterprises safeguard against the most common cyber threats.

SUMMARY: PE 19.5x (Sector PE range 30-50) | Strategic Partnerships | New Products | Acquisitions | New-Age IT

FUTURE OUTLOOK: As per Q4FY24 Concall, Company Forecasting 7% to 8% growth in the next financial year | Anticipating sustained margins around 15.7-16% on EBITDA and 13.5-14% on EBIT.

• Mcap of INR 3,534 Crore (share price = INR 597 / share) (as on 3rd Dec ’24)
• TTM PE 19.5x (as on 3rd Dec ’24) Retail float = 13.7% (Sep-24)

FOOD FOR THOUGHT: Geographical concentration risk (focused in India and West Asia) compared to large IT companies which have a wide presence in the US and European markets

Question 1: Who are the promoters of Datamatics Global Services?

Incorporated in 1987, Datamatics provides solutions for data driven businesses to enhance their productivity and customer experience. Its services can be divided into three segments: digital operations, digital experience and digital technology The Company has also developed products in robotics process automation, advanced analytics business intelligence, and automated fare collection.

Also Read: Tembo Global Industries, H. G. Infra Engineering And KPI Green Energy Order