Moneyboxx Finance Industries Excellent Results & Fund Raise, Pitti Engineering And TBO Tek Good to Excellent Results
Moneyboxx Finance Ltd
Recent filing: (EXCELLENT RESULTS & FUND RAISE) On 8th Aug '24, Moneyboxx Finance posted results for the quarter ending Jun-24, Sales up 94% YoY from INR 23.5 Cr in Jun-23 to INR 45.6 Cr in Jun-24. Similarly, Net Profit up 2.6x from INR 1.6 Cr to INR 4.3 Cr. On a QoQ basis, Sales up 8% and Net Profit up 4%.
On 17th Jul '24, BoD of Moneyboxx Finance considered and approved the issuance of 52.5L equity shares and 37.4L warrants at INR 302/each, aggregating to INR 271 Cr. Subscribers include Promoter Group, India Equity Fund 1, Surinder Garg, Frigorifico Allana Private Limited and Sathvik International.
SUMMARY: 5y Operating Profit uptrend | 7q Operating Profit uptrend | Excellent Jun-24 results | PE 77.5x (Sector PE range 10-20) | Fund raise | Institutional Entry | Geographical Expansion | Microfinance
FUTURE OUTLOOK: Company has a target of reaching 150 -175 branches from 113 currently, and increase its presence across 12 states from 8 currently.
- MCap of INR 913 Crore (share price = INR 299 / share) (as on 27th Aug 2024)
- TTM PE 77.5x (as on 27th Aug 2024) Retail float = 9.64% (Jun-24)
FOOD FOR THOUGHT: PE is above sector range.
Q1. What are the Products and Services offered by Moneyboxx Finance?
Company specializes in the manufacturing of a wide range of products such as electrical steel laminations, motor cores, subassemblies, die rotors and press tools and are the market leader in lamination vertical, which is part of the rotating electrical equipment vertical.
Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education
Pitti Engineering Ltd
Recent filing: (GOOD TO EXCELLENT RESULTS) On 14 Aug ’24, Pitti Engineering posted results for the quarter ending Jun-24, Sales up 32% YoY from INR 290 Cr in Jun-23 to INR 383 Cr in Jun-24. Similarly, Net Profit up 50% from INR 14 Cr to INR 21 Cr. On a QoQ basis, Sales up 17% and Net Profit down 48%.
SUMMARY: 5y Operating Profit uptrend | 7q Operating Profit uptrend | Excellent Jun-24 results | PE 51.2x (Sector PE range 30-60) | Fund raise | Acquisitions | Institutional Entry | Capital Goods – Non-Electrical Equipment
- MCap of INR 4,947 Crore (share price = INR 1,392 / share) (as on 27th Aug 2024)
- TTM PE 51.2x (as on 27th Aug 2024) Retail float = 17.4% (Jul-24)
FOOD FOR THOUGHT: Borrowings increased from INR 290 Cr in Mar-23 to INR 537 Cr in Mar-24.
Q1. What are the Products and Services offered by Pitti Engineering?
Company specializes in the manufacturing of a wide range of products such as electrical steel laminations, motor cores, subassemblies, die rotors and press tools and are the market leader in lamination vertical, which is part of the rotating electrical equipment vertical.
Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery
TBO Tek Ltd.
Recent filing: (GOOD TO EXCELLENT RESULTS) On 13 Aug ’24, TBO Tek posted results for the quarter ending Jun-24, Sales up 21% YoY from INR 345 Cr in Jun-23 to INR 418 Cr in Jun-24. Similarly, Net Profit up 30% from INR 47 Cr to INR 61 Cr. On a QoQ basis, Sales up 13% and Net Profit up 33%.
SUMMARY: 4y Operating Profit uptrend | 2q Operating Profit uptrend | Excellent Jun-24 results | PE 87.4x (Sector PE range 50-100) | IPO | Institutional Entry | Tech Platform
- MCap of INR 18,798 Crore (share price = INR 1,731 / share) (as on 27th Aug 2024)
- TTM PE 87.4x (as on 27th Aug 2024) Retail float = 2.7% (Jun-24)
FOOD FOR THOUGHT: Debtor days is very high at 867 days.
Q1. What are the Products and Services offered by TBO Tek?
Company is one of the leading global travel distribution platforms, simplifying the travel business for both suppliers and buyers. Company suppliers include hotels, airlines, cruises, car rentals, transfers, and rail services. Company buyers consist of retail and API buyers such as travel agencies, independent travel advisors, and enterprise buyers including tour operators, travel management companies, online travel companies, super-apps, and loyalty apps.