Internet Ticketing The Company is the only entity authorized by Indian Railways to offer railway tickets online through its website and mobile application. The Company currently operates one of the most transacted websites in the Asia-Pacific region with a transaction volume of more than 31.4mn per month and 8.25 lakhs tickets booked per day in FY20. The main objective behind the introduction of the internet ticketing was that instead of requiring passengers to be physically present at...
30 years (primary & secondary period of 15 years) During the primary and secondary lease periods, the full value of assets, including interest is recovered from the MoR...
Way2Wealth Brokers Pvt. Ltd. (CIN U67120KA2000PTC027628) SEBI Rgn. No. : INH200002739. Registered Office: Rukmini Towers, 3rd& 4th Floor, # 3/1, Platform Road, Sheshadripuram, Bangalore - 560 020, Website: www.way2wealth.com Email: research@way2wealth.comWay2wealth Research is also available on Bloomberg WTWL W2W Lighthouse A Quick Perspective Tata Power Company Ltd is India's largest integrated private power company with a significant international presence. The company has an installed generation capacity of 12,743 MW in India and a presence in all the segments of power sector viz. Fuel & Logistics Generation (thermal hydro solar and wind) Transmission Distribution and...
Incorporated in 1952, Sudarshan chemicals established itself as largest pigment producer in India (~35% market share) and the fourth-largest producer in the world. At the beginning it manufactured only inorganic pigments however gradually, expanded its product basket to organic, inorganic and effect pigments, which cover classical azo pigments, specialized azo pigments, high-performance pigments, pearlescent pigments, pthalos and pigment dispersions. Company's products offered under the brands - Sudaperm, Sudafast, Sudacolor, Sumica and Sumicos are sold to...
According to Technopak Report, Mrs. Bector's Cremica' is the one of the leading biscuit brands in the premium and mid-premium segment in Punjab, Himachal Pradesh, Jammu and Kashmir and Ladakh and English Oven' is the one of the...
Way2Wealth Brokers Pvt. Ltd. (CIN U67120KA2000PTC027628) SEBI Rgn. No. : INH200002739. Registered Office: Rukmini Towers, 3rd& 4th Floor, # 3/1, Platform Road, Sheshadripuram, Bangalore - 560 020, Website: www.way2wealth.com Email: research@way2wealth.comWay2wealth Research is also available on Bloomberg WTWL W2W Lighthouse A Quick Perspective Cochin Shipyard Ltd (CSL) was incorporated in the year 1972 as a fully owned Government of India company. In the last three decades the company has emerged as a forerunner in the Indian Shipbuilding & Ship-Repair industry. This yard can build and repair the largest vessels in India. It can build ships upto 110,000 DWT and...
Incorporated on December 15, 1988, Chemcon Speciality Chemicals Ltd (Chemcon) is a manufacturer of specialized chemicals, such as Hexamethyldisilazane / Hexamethyldisilane (HMDS) and Chloromethyl Isopropyl Carbonate (CMIC) which are predominantly used in the pharmaceuticals industry (Pharmaceutical Chemicals), and inorganic bromides, namely Calcium Bromide, Zinc Bromide and Sodium Bromide, which are predominantly used as completion fluids in the oilfields industry (Oil-well Completion Chemical). Pharmaceutical chemical segment constitutes 64% to overall revenue, oilfield chemicals contribute ~30% and rest comes from others....
The company recorded 6% YoY growth in consolidated sales on the back of 3% YoY growth in shrimp feeds volumes and 5% YoY shrimp feed realisations in Q2FY21. Shrimp processing volumes were lower by 11% YoY...
MPC kept the policy repo rate unchanged at 4.0%. MPC unanimously voted for keeping the policy repo rate unchanged and continued with an accommodative stance as long it is necessary-at least during the current financial year and into the next financial year. This is to revive growth and mitigate the impact of Covid-19 on the economy, while ensuring that inflation remains within the target. The Monetary Policy Committee (MPC) had unanimously voted against rate cut in Oct'20 policy. The post Covid-19 repo rate cut now stands at 115 bps and the reverse repo is down 155 bps. Growth The RBI reiterated that said that the rural economy looks resilient while urban demand is also gaining momentum. In...
Acquisition of Creative Stylo Packs for `2.5bn In line with its ambitions of scaling-up presence in Beauty and Cosmetics segment, EPL announced the acquisition of Creative Stylo Packs. The company is engaged in the business of plastic tubes, laminated tubes and corrugated boxes for the Beauty & Cosmetics and Pharma industry with marquee clients such as L'Oreal, Marico, Zydus etc. Annual production of 200mn tubes specialty plastic and decoration (Enough headroom for capacity and would be rationalize further); most of the business comes from Beauty and cosmetics (~85-90%) and 10-15% from...
Q2FY21 Topline remained flattish YoY The Q2FY21 topline remained flattish YoY at `17,701mn. Flattish revenue was due to flattish revenue growth in the standalone business and benefits of appreciation of EUR versus Rs, offset by 7-8% decline in subsidiaries revenues in EUR terms. Revenues in India business were flat YoY in Q2FY21 led by double-digit growth with HMSI, Yamaha India, Suzuki and Tata Motors, offset by 7-12% YoY decline in revenues from Bajaj Auto and Royal Enfield and 5% YoY decline in the aftermarket segment. EBITDA was at `3,132mn (+7.6% YoY; +633% QoQ) led...
Aarti Industries Ltd reported ~19% YoY and ~25% QoQ increase in topline to `11,726mn on account of 24% YoY and 32% QoQ increase in specialty chemicals segment and ~21% YoY and 14% QoQ increase in pharmaceuticals. EBITDA for the quarter stood at `2543mn showcasing growth of ~0.5% YoY and 39% QoQ. However, EBITDA margins dropped to 21.7% in Q2FY21 compared to...
The revival of the consumer sentiment has been reflected in the company's performance across brand portfolio. The company has been focusing on volume led sales growth, brand building, product innovation and cost rationalization measures leading to sustainable profitable growth. There is strong demand acceleration in the General Trade and Ecommerce Platform while Modern Trade stores (MT') and Canteen Stores Department (CSD') operations...
