Last week Jiya Eco Products Ltd declared their Q4FY19 results. We attended their conference call to get better clarity into the numbers. Hereunder are the notable highlights: Full year volume numbers indicate continuing traction in sales of processed agri waste (now contributes +50% to overall volumes), but some slowing of…
Category: Opinion
Business and valuations
Business owners/managements, more often than not, are intrigued and pensive about the valuations that their businesses get / deserve. Whether or not this is appropriate is a separate discussion (for my opinion on this subject, read this: https://consultantcapitaladvisor.com/2018/08/08/if-tesla-thinks-this-way-then/). Anyways, back to the topic under discussion. Business lifecycles have shortened, thanks…
Jiya Eco Products Ltd. – Q3FY19 conference call highlights
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…
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…
Learnings… from periodic earnings
On Friday, the investment fraternity was rattled by the news of an untimely demise of the young MD of a listed company belonging to a reputed industrial house. The MD succumbed to a cardiac arrest that evening. While the social media circles got busy mourning the sudden demise, a tweet…
If Tesla thinks this way, then…
Amongst the most common advice given, by most investors, to managements of smaller (or sometimes even larger) listed companies is “Please don’t focus on the stock price movement. Your focus should be on the business and the capital market will automatically reward performance”. Nothing really wrong in that… I guess.…
BIG is beautiful…not necessarily
I recently bumped into Sean, an old friend of mine. Since we met after long, we decided to chat over a coffee and started discussing a variety of subjects, markets being one of them. He seemed to be deeply disturbed by the recent meltdown in mid/small cap stocks and had…
Hurdles you need to avoid, to be a successful marathoner – (Part 2)
In my earlier blog (read here: Part 1 ), i had written about why business mangers should focus on running a marathon (in the business context) instead of a sprint. Should you be wanting to run the business marathon, hereunder are some hurdles that you need to steer clear of. While the Nifty…
Business lessons from running marathons – (Part 1)
I took up to running only a few years back. When I started, even running 100 mtrs was a tall ask and it made me wonder if I could ever, in my life, run long distances. Thanks to a lot of my acquaintances who have been running for longer, I…
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…