We attended the conference call hosted by Jiya Eco Products Ltd (JEPL), on 18h January, to discuss their Q3FY19 results. JEPL is the only listed Indian manufacturer of bio fuels i.e., briquettes and pellets, from agri waste. With a manufacturing capacity of ~120k tpa of briquettes and pellets each, the…
Category: India
Jiya Eco Products Ltd. – Facility visit note
We visited the manufacturing facility of Jiya Eco Products Ltd. (JEPL), at Navagam Bhavnagar (Gujarat), last weekend. The note attached details on the updates with regards to recent developments at JEPL w.r.t.: Recently launched product, 'processed agri-waste' Ongoing R&D activities Status of the Silos proposed to be erected at the…
My rendezvous with IKEA
A store not only offering free goods, but also offering money to customers for buying goods from them!!! Well, that’s the feeling I got when I accidentally happened to visit Ikea’s first retail store in India. This weekend, I was in Hyderabad for a couple of management meets. I am…
Jiya Eco Products Ltd. – Q1FY19 conference call highlights
We attended the conference call hosted by Jiya Eco Products Ltd (JEPL), on 10th August, to discuss their Q1FY19 results. JEPL is the only listed Indian manufacturer of bio fuels i.e., briquettes and pellets, from agri waste. With a manufacturing capacity of ~80k tpa of briquettes and pellets each, the…
Rushil Decor – Management meet notes
We recently met with the management of Rushil Décor Ltd. (RDL) to understand the business better and its future prospects. While detailed notes are in the attached file Rushil Decor - Mgmt meet notes, hereunder is our takeaway from the meet: We like the home improvement space. It has all the…
Arihant Superstructures Ltd. – Q1FY19 conference call takeaways
We attended the conference call hosted by Arihant Superstructures Ltd (ASL), on 14th August, to discuss their Q1FY19 results. Arihant Superstructures Ltd., is one of the renowned affordable housing real estate developer, with significant presence in Navi Mumbai Metropolitan Region (NMMR) & Jodhpur. While you may want to refer to…
Succession planning
It was only ~10 months back that the Tata-Mistry tussle broke out in the open, grabbing huge media attention and causing significant heartburn to investors in the wake of the uncertainty over the groups’ future, post Mistry’s ouster. Investors once again had to brace themselves, last week, for a similar development…
GST – Government’s Stress Test
As a nationwide Goods and Services Tax (GST) is scheduled to roll out w.e.f. 1st July 2017, investors seem to be concerned about the potential impact on India Inc because the complexities involved in the GST design. Despite repeated claims by government representatives about their preparedness to handle a smooth…
DII f(PI)lows – trend or just a bend??
FPI flows have historically had a direct co-relation with the index movement. Look at the chart below. The chart clearly depicts the co-relation of FPI flows with that of the movement of the broader index (Nifty). The pattern seems to have played out even at instances where the FII selling…
Telecommodity
The show stopper, in the month gone by, was the spectacular launch of Reliance Jio, rattling the telecom industry and consumers alike. While a disruptive pricing was by-and-large expected with the Jio launch, the actual announcements in the AGM; free voice calls, cheap 4G data rates, cheaper 4G devices…