Advait Infratech Order, Harshdeep Hortico Capacity Expansions & New showroom And Affordable Robotic Migration From SME Platform to Main Board
Advait Infratech Ltd.
Recent filing: (ORDER) Advait Infratech has received an order worth INR 296 Cr for Setting up Manufacturing capacities of 200 MW of Alkaline Electrolysers in India under Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche - II) by Solar Energy Corporation of India Limited (SECI), needs to be executed in 5 years.
SUMMARY: 6y Operating Profit uptrend | PE 81.4x (Sector PE range 50-90) | Fund raise | Large Order| MoUs | Ace Investor | Green Energy | Power and Telecom Infra
FUTURE OUTLOOK: As per FY24 Investor presentation Order Inflow: INR 210 Cr.
- MCap of INR 2,097 Crore (share price = INR 2,054/share) (as on 29th Aug ‘24)
- TTM PE 81.4x (as on 29th Aug ‘24) Retail float = 16.1% (Jul-24)
FOOD FOR THOUGHT: Intensely competitive EPC industry given low barriers to entry | Dependence on tenders floated by government
Q1. What are the Products and Services offered by 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
Harshdeep Hortico Ltd.
Recent filing: (CAPACITY EXPANSION AND NEW SHOWROOM) Harshdeep Hortico has announced expansion plans to be completed by March 2025, including the expansion of its Pune manufacturing plant by adding 12,000 sq. ft. for producing shade nets with an annual capacity of 210,000 kg. The company is also opening new showrooms in Hyderabad and Ahmedabad, relocating and expanding its Delhi showroom, and enhancing its existing showrooms in Bhiwandi, Pune, Delhi, and Rajahmundry.
Additionally, Harshdeep is introducing new product lines like shade nets and garden furniture, with machinery finalization underway. To support regional demand, the company is setting up a strategically located warehouse in Bengaluru, catering to Karnataka, Kerala, Tamil Nadu, and Telangana.
SUMMARY: 1h Operating Profit uptrend | PE 20.3x (Sector PE range 30-70) | Excellent Mar-24 results | Promoter buying | New Showroom | New Products | Capacity Expansion | Consumption
FUTURE OUTLOOK: Company recently added 12,000 sq. fts of additional space at the Pune, taking total area to over 50,000 sq ft. Company will use this additional space for the new product line – shade nets with an annual capacity of 210000 kgs.
- MCap of INR 133 Crore (share price = INR 82.7 / share) (as on 29th Aug ’24)
- TTM PE of 20.3x (as on 29th Aug ’24) Retail float = 14.9% (Mar-24)
FOOD FOR THOUGHT: 42% revenue comes from Maharashtra | Operating history of Company is less than 1 year | Negative Operating cash flow for FY24.
Q1. What are the Products and Services offered by Harshdeep Hortico?
Established in December 2022, the company specializes in the creation of indoor and outdoor pots tailored to meet diverse plant needs. Engaged in the design, production, and distribution of a wide range of planters, including plastic indoor planters, outdoor planters, illuminated planters, decorative planters, roto-moulded planters, fiber-reinforced plastic (FRP) planters, and Eco series planters. Additionally, the company offers complementary accessories such as garden hose pipes and water cans.
Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery
Affordable Robotic & Automation Ltd.
Recent filing: (MIGRATION FROM SME PLATFORM TO MAIN BOARD) Affordable Robotic & Automation has received approval from Bombay Stock Exchange of India Limited (BSE) for migration of trading in the equity shares of the Company from the SME Platform (EMERGE) to the Main Board of BSE.
SUMMARY: 3y Operating Profit uptrend | PE 117x (Sector PE range 30-60) | Fund Raise (Rights) | Ace Investor | Order book INR 82 Cr as on 30th May 2024 | Robotics | Capital Goods - Non-Electrical Equipment
- MCap of INR 712 Crore (share price = INR 633 / share) (as on 29th Aug 2024)
- TTM PE 117x (as on 29th Aug 2024) Retail float = 19.9% (Mar-24)
FOOD FOR THOUGHT: Negative Cashflows from operations for FY24 | PE is above sector range
Q1. What are the Products and Services offered by Affordable Robotic ?
Established in 2005, Affordable Robotic & Automation is a leader in automation serving automotive, non-automotive, general industries, real estate and government sector. It is present in 3 segments: automated robotic welding, robotic multilevel parking (for densely populated urban areas) and warehouse automation.