Tara Chand Infralogistic Good to Excellent Results, EFC(I) Ltd Excellent Results And Jay Bee Laminations Asset Expansion
Tara Chand Infralogistic Solutions Ltd.
Recent filing: (GOOD TO EXCELLENT RESULTS) For the quarter ending Sep-24 for Tara Chand, Sales up 33% YoY from INR 42.2 Cr in Sep-23 to INR 56.2 Cr in Sep-24. Similarly, Net Profit up 2.7x from INR 2.7 Cr to INR 7.2 Cr. On a QoQ basis, Sales up 23% and Net Profit up 59%.
SUMMARY: 3y Operating Profit uptrend | 1q Operating Profit uptrend | PE 30x (Sector PE range 10-40) | Excellent Sep-24 results | Fund Raise | Asset Expansion | Orderbook INR 316 Cr (6th Mar 2024, 1.8x of FY24 revenue)
FUTURE OUTLOOK: As per the Q2FY25 investor presentation, Company continues to aim to achieve aggressive growth target of 30% Y-o-Y growth in FY25.
- MCap of INR 642 Crore (share price = INR 415 / share) (as on 25th Oct ‘24)
- TTM PE 30x (as on 25th Oct ‘24) Retail float = 14.8% (Sep-24)
FOOD FOR THOUGHT: Company’s equipment rental business requires continuous sizeable capex to be incurred, leading to high capital requirements
Question 1: Who are the promoters of Tara Chand Infralogistic ?
Tarachand Infralogistic Solutions is serving the infra development and industrial capacity expansion needs of India through its three verticals: Warehousing & Multi-modal Transportation, Construction Equipment Rental, and Turnkey Infra-Project Execution for four decades now.
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EFC(I) Ltd
Recent filing: (EXCELLENT RESULTS) For the quarter ending Sep-24 for EFC, Sales up 69% YoY from INR 98 Cr in Sep-23 to INR 166 Cr in Sep-24. Similarly, Net Profit up 3.4x from INR 11 Cr to INR 37 Cr. On a QoQ basis, Sales up 63% and Net Profit up 2.3x.
SUMMARY: 2y Operating Profit uptrend | 1q Operating Profit uptrend | PE 28.8x (Sector PE range 30-50) | Excellent Sep-24 results | Leasing of Office Space | Institutional Entry | Acquisitions | Diversified Commercial Services
FUTURE OUTLOOK: As per the Q1FY25 concall, Company is geared up to double its top line by FY25.
- MCap of INR 2,546 Crore (share price = INR 512 / share) (as on 25th Oct ‘24)
- TTM PE 28.8x (as on 25th Oct ‘24) Retail float = 17.4% (Sep-24)
FOOD FOR THOUGHT: Designated person sold 71L worth of shares in Dec ’23.
Question 1: Who are the promoters of EFC(I) Ltd?
Entrepreneurial Facilitation Centre, EFC Limited is a leading real estate enterprise offering transformative managed office space solutions for entrepreneurs, small and medium enterprises (SMEs), and large corporations. Company possesses leasing solutions for co-working spaces, managed offices, and enterprise offices that deliver desirable services for all business needs.
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Jay Bee Laminations Ltd
Recent filing: (ASSET EXPANSION) CWIP increased 4x from INR 3 Cr in Mar-24 to 12 Cr in Sep-24. Currently, Fixed Asset stands at INR 6 Cr.
SUMMARY: 4y Operating Profit uptrend | 2h Operating Profit uptrend | PE 30.1x (Sector PE range 10-50) | Asset Expansion | Institutional Entry | IPO | Steel Products
- MCap of INR 668 Crore (share price = INR 296 / share) (as on 25th Oct ‘24)
- TTM PE 30.1x (as on 25th Oct ‘24) Retail float = 14.2% (Sep-24)
FOOD FOR THOUGHT: Highly competitive sector.
Question 1: Who are the promoters of TJay Bee Laminations?
Jay Bee Laminations Limited was established in 1988 as a manufacturer of CRGO Silicon steel cores for the emerging power & distribution transformer industry of India.
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