Valiant Communication Good to Excellent Results, Websol Energy System And Arrow Greentech Excellent Results
Valiant Communication Ltd.
Recent filing: (GOOD TO EXCELLENT RESULTS) For the quarter ending Jun-24 for Valiant Communications, Sales up 41% YoY from INR 9.7 Cr in Jun-23 to INR 13.7 Cr in Jun-24. Similarly, Net Profit up 3.5x from INR 0.9 Cr to INR 3.1 Cr. On a QoQ basis, Sales up 3% and Net Profit up 25%.
SUMMARY: 3y Operating Profit uptrend | 4q Operating Profit uptrend | PE 60.9x (Sector PE range 30-50) | Excellent Jun-24 results | Fund Raise | Cyber Security
FUTURE OUTLOOK: As per Aug 2024 Business Update, current order book is healthy with confirmed orders of INR 19 Cr.
- MCap of INR 513 Crore (share price = INR 673 / share) (as on 5th Aug ‘24)
- TTM PE 60.9 (as on 5th Aug ‘24) Retail float = 28.3% (Jun-24)
FOOD FOR THOUGHT: Promoter sold INR 1.8 Cr worth of shares.
Q1. What are the Products and Services offered by Valiant Communication?
Valiant Communication Limited is a manufacturer of communication, transmission, protection, synchronization, and cyber security equipment and solutions with successful installations in over 110 countries. VCL Solutions are offered for all type of Utility applications including Power Utilities, Oil & Gas, Railways, Metro Rail Communications, Airport Communications, Mobile Backhaul, Corporate and Defence sector.
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Websol Energy System Ltd.
Recent filing: (EXCELLENT RESULTS) For the quarter ending Jun-24 for Websol Energy System, Sales up multi fold on a YoY basis from INR 0.18 Cr in Jun-23 to INR 112 Cr in Jun-24. Similarly, Net Profit up from loss of INR 5 Cr to profit of INR 23 Cr. On a QoQ basis, Sales up 4.5x.
SUMMARY: PE NA (Sector PE range 30-50) | Excellent Jun-24 results | Fund Raise | Promoter Buying | Capacity Expansion | Solar | Clean Energy
FUTURE OUTLOOK:
- MCap of INR 2,689 Crore (share price = INR 636 / share) (as on 5th Aug ‘24)
- TTM PE NA (as on 5th Aug ‘24) Retail float = 43.9% (Jun-24)
FOOD FOR THOUGHT: PE is undefined given that, net profit on a TTM basis is negative.
Q1. What are the Products and Services offered by Websol Energy?
Incorporated in 1990, Websol Energy Systems Ltd. manufactures photovoltaic monocrystalline solar cells and modules in India. Websol modules are designed for grid and standalone Solar PV power plants, remote communication, and rural electrification under diffused Sunlight.
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Arrow Greentech Ltd.
Recent filing: (EXCELLENT RESULTS) For the quarter ending Jun-24 for Arrow Greentech, Sales up 50% YoY from INR 44 Cr in Jun-23 to INR 66 Cr in Jun-24. Similarly, Net Profit up 2.2x from INR 9 Cr to INR 20 Cr. On a QoQ basis, Sales up 29% and Net Profit up 2x.
SUMMARY: 2y Operating Profit uptrend | 2q Operating Profit uptrend | PE 35.5x (Sector PE range 30-50) | Excellent Jun-24 results | Promoter Buying | Granted several patent | Sustainability & Recycling
FUTURE OUTLOOK: As per Q4FY24 Investor Presentation, Company acquired 3-acre land at Dahej-II Industrial Estate on lease for the expansion of manufacturing activities in Greentech Segment and expects completion within 12 months.
- MCap of INR 1,425 Crore (share price = INR 945 / share) (as on 5th Aug ‘24)
- TTM PE 35.5x (as on 5th Aug ‘24) Retail float = 16.7% (Jun-24)
FOOD FOR THOUGHT: Cash Conversion Cycle increased from 121 in Mar-23 to 187 Mar-24.
Q1. What are the Products and Services offered by Arrow Greentech?
Arrow Greentech Limited, was incorporated in 1992 with the motto of ensuring a sustainable future through maximum environmental care. It is into manufacturing of bio-degradable products like packaging, embroidery and soap films etc. it has its manufacturing units in India and United Kingdom. The company’s expertise enable it to provide solutions, applications, and management systems in the health, hygiene, packaging, printing and security industries.