BCL Industries Excellent Results, E2E Networks Fund Raise And Kings Infra Ventures Good to Excellent Results
BCL Industries Ltd.
Recent filing: (EXCELLENT RESULTS) For the quarter ending Jun-24 for BCL Industries, Sales up 48% YoY from INR 429 Cr in Jun-23 to INR 636 Cr in Jun-24. Similarly, Net Profit up 25% from INR 20 Cr to INR 25 Cr. On a QoQ basis, Sales up 6% and Net Profit up 4%.
SUMMARY: 2y Operating Profit uptrend | 1q Operating Profit uptrend | PE 20x (Sector PE range 15-30) | Excellent Jun-24 results | Fund raise | Capacity expansion | Consumption
- MCap of INR 1,883 Crore (share price = INR 63.8 / share) (as on 14th Aug ‘24)
- TTM PE of 20x (as on 14th Aug ‘24) Retail float = 22.6% (Jun-24)
FOOD FOR THOUGHT: Single digit operating profit margin.
Q1. What are the Products and Services offered by BCL Industries?
Incorporated in 1976, BCL Industries is in the business of edible oil and distillery. It operates in the sectors of oil seed crushing unit, solvent extraction plant, edible oil refinery, physical refinery, rice sheller, distillery-ethanol industry and real estate.
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E2E Networks Ltd.
Recent filing: (FUND RAISE) Board Meeting of E2E Networks to be held on 19-Aug-2024 to consider Fund Raising.
SUMMARY: 5y Operating Profit uptrend | 7q Operating Profit uptrend | PE 114x (Sector PE range 30-50) | Excellent Jun-24 Results | Fund Raise | Institutional Buying | Capacity expansion for Data Centers | New Age IT | Data Center
- MCap of INR 2,843 Crore (share price = INR 1,963 / share) (as on 14th Aug ‘24)
- TTM PE of 114x (as on 14th Aug ‘24) Retail float = 17.1% (Jun-24)
FOOD FOR THOUGHT: PE is above sector range.
Q1. What are the Products and Services offered by E2E Networks?
E2E Networks is the 6th largest IAAS platform in India. It began its journey in 2009 as a contract-less computing player targeting the value conscious segment of customers, especially startups. Currently, E2E Networks is the largest NSE listed Cloud Infrastructure Provider having served more than 15,000 customers and having thousands of active customers.
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Kings Infra Ventures
Recent filing: (GOOD TO EXCELLENT RESULTS) For the quarter ending Jun-24 for Kings Infra, Sales up 34% YoY from INR 21.0 Cr in Jun-23 to INR 28.1 Cr in Jun-24. Similarly, Net Profit up 34% from INR 2.2 Cr to INR 2.9 Cr. On a QoQ basis, Sales up 11% and Net Profit up 59%.
SUMMARY: 6y Operating Profit uptrend | 2q Operating Profit uptrend | PE 48.1x (Sector PE range 30-100) | Excellent Jun-24 Results | Fund Raise | Expansion into the US, the EU and the China markets | New Brand | Consumption
- MCap of INR 412 Crore (share price = INR 168 / share) (as on 14th Aug ‘24)
- TTM PE of 48.1x (as on 14th Aug ‘24) Retail float = 14.2% (Jun-24)
FOOD FOR THOUGHT: Negative cashflow from operations for FY24.
Q1. What are the Products and Services offered by Kings Infra Ventures?
Kings Infra is a focused aquaculture company with activities in aquaculture farming, seafood processing, international trade of marine products, aquaculture consultancy, food related infrastructure dev. and venturing into domestic marketing and supply of retail packed marine products.
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