Izmo Subsidiary Incorporation For Semiconductor Business, Epack Durable Guidance And Forcas Studio Business Update
Izmo Ltd.
Recent filing: (SUBSIDIARY INCOPORATION FOR SEMICONDUCTOR BUSINESS) Izmo Limited has launched its new subsidiary, izmomicro, which focuses on cutting-edge semiconductor packaging and manufacturing, with a state-of-the-art System-in-Package (SiP) manufacturing facility in Bangalore.
This facility strengthens India’s position in the global semiconductor supply chain, offering high-density, high-performance SiP solutions for industries like consumer electronics, automotive, telecommunications, and green energy.
The services provided by izmomicro include custom SiP and IC packaging, high-reliability components, co-packaged optics, green energy power modules, and advanced system design. The facility also features a Class 1000 clean room, 3D die stacking, and fine-pitch wire bonding.
SUMMARY: 3y Operating Profit uptrend | PE 21.4x (Sector PE range 30-50) | Fund Raise | Entry into Semi-Conductor Space | Promoter Buying | Acquisition | New-Age IT
FUTURE OUTLOOK: As per FY24 concall, Company projecting a 30% to 40% top-line growth for FY25 and Company is aiming to achieve a turnover of INR 500 Cr within the next 3 to 4 years.
- MCap of INR 579 Crore (share price = INR 410 / share) (as on 11th Sep ‘24)
- TTM PE of 21.4x (as on 11th Sep ‘24) Retail float = 37.9% (Jun-24)
FOOD FOR THOUGHT: Low Promoter holding.
Q1. What are the Products and Services offered by Izmo Ltd?
Founded in 1995, lzmo Limited offers high-tech automotive e-retailing solutions in North America, Europe and Asia. The Company is in the business of interactive marketing solutions. The Company also owns the world's largest collection of Automotive Images and Animation and has a client base of some of the largest automotive retail groups in the world.
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Epack Durable Ltd
Recent filing: (GUIDANCE) As per Q1FY25 Concall, Epack Durable is expecting 45% Revenue growth for FY25, and gross margins are projected to remain consistent with those achieved in FY24.
SUMMARY: 4y Operating Profit uptrend | PE 61.6x (Sector PE range 30-70) | New Products | Acquisition | Institutional Entry | Consumption
FUTURE OUTLOOK: As per Q1FY25 Concall, Management is expecting 45% Revenue growth for FY25, and gross margins are projected to remain consistent with those achieved in FY24.
- MCap of INR 3,081 Crore (share price = INR 322 / share) (as on 11th Sep ‘24)
- TTM PE 61.6x (as on 11th Sep ‘24) Retail float = 15.3% (Jun-24)
FOOD FOR THOUGHT: India Advantage Fund S4 I sold 21.3L shares (2.2%) in Aug ’24.
Q1. What are the Products and Services offered by Epack Durable Ltd?
Company is the second largest room air conditioner Original Design Manufacturer (“ODM”) in India, in terms of number of indoor and outdoor units manufactured in Fiscal 2023 through its ODM route. The expertise of EPACK Durable lies in manufacturing a diverse portfolio of Room Air Conditioners and Small Domestic Appliances (SDAs). A customer-centric company where business is driven by a focus on continuous innovation and operational efficiency.
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Forcas Studio Ltd.
Recent filing: (BUSINESS UPDATE) Forcas Studio Ltd turnover stood at INR 43.7 Cr during the period from April, 2024 till August, 2024 as against turnover of INR 20.3 Cr during the same period previous year, i.e. from April, 2023 till August, 2023, thereby registering a strong growth of 115% in revenue current stated period.
SUMMARY: PE 39.9x (Sector PE range 30-50) | Consumption
- MCap of INR 209 Crore (share price = INR 119 / share) (as on 10th Jun ‘24)
- TTM PE 39.9x (as on 10th Jun ‘24) Retail float =
FOOD FOR THOUGHT: Highly competitive sector.
Q1. What are the Products and Services offered by Forcas Studio Ltd?
FTX is a Kolkata-based company dedicated to providing affordable fashion solutions to the aspiring Indian market. Specializing in pocket-friendly products, FTX caters primarily to the fashion-conscious middle-class segment in Tier 2 and 3 towns across India. The company focuses on curating stylish apparel that aligns with the tastes and buying power of Indian youth, particularly those under 30 years old, who fall within the Rs 20,000 – 50,000 monthly income group.
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