Trident Techlabs Fund Raise Cancellation, S J Logistics Geographic Expansion And AVP Infracon Order

Trident Techlabs Ltd.

Recent filing: (FUND RAISE CANCELLATION) The Board of Directors of Trident Techlabs has decided to withdraw the previously approved preferential issue of equity shares and fully convertible warrants. In the Board meeting held on 2nd Dec-24, the company approved issuing up to 7L equity shares and 1.1L fully convertible warrants on a preferential basis. However, after thorough discussions with management and proposed allottees, and considering current market conditions, the Board has determined that proceeding with the issue at this stage is not in the company's best interest. Regarding the proposed acquisition of Sivaltech Group, the company remains committed to progressing with the transaction. This acquisition will be funded through a combination of equity, debt, and internal accruals.

SUMMARY: 4y Operating Profit uptrend | PE 68.8x (Sector PE range 50-100) | Ace Investor | Geographical Expansion | Defence

FUTURE OUTLOOK: As per Q2FY25 Concall, the Company is targeting total sales of approximately INR 250 Cr for FY25, with a PAT of around INR 40 Cr, and the Company is confident in achieving a revenue target of INR 1,000 Cr within five years.

MCap of INR 1,096 Crore (share price = INR 634 / share) (as on 28th' ‘24)
TTM PE 68.8x (as on 28th Nov ‘24) Retail float = 12.5% (Sep-24)

FOOD FOR THOUGHT: Negative Operating cash flow in FY24.

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Question 1: Who are the promoters of Trident Techlabs?

Founded in the year 2000, Company provides engineering system solutions and Power system solutions to various industries like aerospace, defense, automative, semi-conductor and power sector.

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S J Logistics (India) Ltd.

Recent filing: (GEOGRAPHICAL EXPANSION) The Board of Directors of S J Logistics has approved the acquisition of 100% equity shares of S J Logisol Shipping L.L.C., a shipping and logistics company based in Dubai, UAE. As a result, S J Logisol Shipping L.L.C. will become a wholly-owned subsidiary of S J Logistics (India) Limited. The company primarily operates in sea cargo operations (mainly NVOCC), air cargo services, and customs brokerage.

MCap of INR 795 Crore (share price = INR 526/share) (as on 2nd Apr' 25)
TTM PE of 17.8x (as on 2nd Apr ‘25) Retail float = 22.2% (Sep-24)

FOOD FOR THOUGHT: Negative operating cash flow for FY24.

Stock price can go down or up based on market forces. Continuously diversify your portfolio.

Question 1: Who are the promoters of S J Logistics?

The Company specializes in logistics and supply chain solutions, offering services like freight forwarding, custom clearance, and transportation handling.

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AVP Infracon Ltd

Recent filing: (ORDER) AVP Infracon has successfully secured an order worth INR 39 Cr from KCP Infra Ltd for a Performance-Based Maintenance Contract in Highways, C&M Tanjore. The project is scheduled for completion within 6 months.

FUTURE OUTLOOK: As per H1FY25 Concall, the Company is expecting anything more than a 50% increase in turnover for FY25. The company expects a turnover of INR 500 Cr for FY26 with an order book of INR 1000 Cr.

MCap of INR 343 Crore (share price = INR 137 / share) (as on 2nd Apr' 25)
TTM PE 14.2x (as on 2nd Apr ‘25) Retail float = 19.6% (Sep-24)

FOOD FOR THOUGHT: Negative Operating cash flow for FY24.

Stock price can go down or up based on market forces. Continuously diversify your portfolio.

Question 1: Who are the promoters of AVP Infracon Ltd?

The company constructs road projects using Bill of Quantities (BOQ) and Engineering, Procurement, and Construction (EPC) methods. It handles various infrastructure projects, including expressways, national highways, flyovers, bridges, viaducts, irrigation projects, urban development initiatives, hospitals, warehouses, hotels, and other commercial and residential projects.

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