Frog Cellsat No Impact of Starlink, Shera Energy Fund Raise And Garden Reach Shipbuilders & Engineers MoU
Frog Cellsat Ltd.
Recent filing: (NO IMPACT OF STARLINK) Frog Cellsat clarifies that Starlink's launch in India will not impact its business, as it specializes in mobile network solutions, not ISP or broadband services. Starlink, a premium satellite broadband service, caters to niche markets with higher pricing and does not compete with mobile operators. While it may pose limited competition to fiber broadband providers, its distinct applications ensure no overlap with companies '.
SUMMARY: 1y Operating Profit uptrend | 2q Operating Profit uptrend | PE 14.2x (Sector PE range 30-60) | Excellent Dec-24 results | Order Book of INR 105 Cr (Dec-24) | Telecom
FUTURE OUTLOOK: As per Q2FY25 Concall, the Company expects a revenue to grow by 30% in FY25 and is targeting INR 500 Cr revenue by FY28.
- MCap of INR 396 Crore (share price = INR 255 / share) (as on 20th Mar ''25)
- TTM PE of 14.2x (as on 20th Mar ‘25) Retail float = 20.0% (Sep-24)
FOOD FOR THOUGHT: Highly competitive sector
Stock price can go down or up based on market forces. Continuously diversify your portfolio.
Question 1: Who are the promoters of Frog Cellsat?
Frog Cellsat Ltd is one of the leading manufacturers of RF equipment. The Company is engaged in developing and delivering coverage as well as capacity enhancement solutions and services for next-generation wireless and mobile broadband networks. It also offers In-Building Coverage Planning and Design services, Radio Access Network (RAN), and Backhaul Network installation services. Its products include Network Accessories (jumpers, multiplexers, filters, feeder cable, etc.), Digital Repeaters, Optical DAS, Antenna and IBS Accessories. It has a broad customer base across industries: domestic mobile operators (Airtel, Jio), SI and telecom equipment providers (Nokia, Motorola, Ericsson), large product developers (Adani, Siemens, L&T, Hitachi), Government & Defence (DRDO, Bharat Electronics, Indian Army), international mobile operators (MTN, telecast), etc.
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Shera Energy Ltd
Recent filing: (FUND RAISE) Shera Energy Limited has informed the Exchange about a board meeting to be held on 24th Mar 2024 to consider a fund raise.
SUMMARY: 5y Operating Profit uptrend | PE 25.5x (Sector PE range 30-70) | Fund raise | Capacity Expansion | Capital Goods – Electrical Equipment
FUTURE OUTLOOK: As per Q2FY25 Concall, the Company anticipates revenue guidance for FY25- 26 in the range of INR 1,500-2,000 Cr (2x of FY24 revenue). The Company's average growth is expected to be 30% to 40% over the next five years.
- MCap of INR 373 Crore (share price = INR 164 / share) (as on 20th Mar 25)
- TTM PE 25.5x (as on 20th Mar ‘25) Retail float = 17.8% (Dec-24)
FOOD FOR THOUGHT: Highly competitive sector
Stock price can go down or up based on market forces. Continuously diversify your portfolio.
Question 1: Who are the promoters of Shera Energy?
Established in 2003, the Shera Group has served the electrical industry for over two decades. Shera's pawprints reputably shine in the copper and aluminum winding wire and strips industry.
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Garden Reach Shipbuilders & Engineers Ltd.
Recent filing: (MoU) Garden Reach Shipbuilders & Engineers has signed its first-ever MoU with a North Eastern state, partnering with PWD Nagaland to supply eight Double Lane Modular Steel Bridges. The Company has previously provided over 5,800 modular bridges to BRO, NHIDCL, various state governments, and neighboring countries.
SUMMARY: 7y Operating Profit uptrend | 2q Operating Profit uptrend | PE 49.3x (Sector PE range 50-100) | MoUs | Institutional holding | Order book INR 23,877 Cr (Dec-24), 5.4x of TTM Revenue | Defence
FUTURE OUTLOOK: As per Q2FY25 Concall, the Company continues to maintain a positive CAGR target of around 25% from FY23 to FY27 and strives to maintain PAT margins of plus 7.5 to 8%.
· MCap of INR 19,488 Crore (share price = INR 1,701 / share) (as on 20th Mar ‘25)
· TTM PE 49.3x (as on 20th Mar ‘25) Retail float = 17.3% (Dec-24)
FOOD FOR THOUGHT: HDFC Mutual Fund (and Others) sold 25 L shares (2.2% stake) of the Company in May'244
The stock price can go down or up based on market forces. Always diversify your portfolio.
Question 1: Who are the promoters of Garden Reach Shipbuilders & Engineers ?
Garden Reach Shipbuilders & Engineers, established in 1884, is a premier shipyard in India known for building warships and various vessels for the Indian Navy, Coast Guard, and international clients. Nationalized in 1960, it has produced over 785 platforms, including 100+ warships, and achieved Miniratna status in 2006.
Also Read: Vascon Engineers Promoter Buying, Insolation Energy And Viviana Power Order