Cellecor Gadgets New Products, Deep Industries Order And Som Distilleries Increase In Operational Efficiency

Cellecor Gadgets Ltd.

Recent filing: (NEW PRODUCTS) Cellecor Gadgets is expanding into a wider selection of Mixer Grinders. Company is increasing its product line in various categories especially in the Home Appliances space.

SUMMARY: 2y Operating Profit uptrend | 2 semi-annual Operating Profit uptrend | PE 41.1x (Sector PE range: 30-70) | Excellent Sep-23 results | Brand Launch | New SKUs | New Products | New Showrooms | Celebrity Brand Ambassador | Consumption

  • MCap of INR 482 Crore (share price = INR 230 / share) (as on 16th Apr ‘24)
  • TTM PE 41.1x (as on 16th Apr ‘24) Retail float = 11.0% (Sep-23)

FOOD FOR THOUGHT: Cash flow from operations negative for FY23.

What are the products and services of Cellecor Gadgets?

Operating under the brand name CELLECOR, the Company is involved in the procurement, branding, and distribution of various consumer electronics such as television, mobile phones, smart wearables, mobile accessories, smartwatches, and neckbands. It has an established presence in India with over 1,200 service centers, 800 distributors, with products available in more than 24,000 retail stores. Its product range consists of 300+ different items, and it has successfully reached 100 million users across India through both online and offline dealer channels, offering affordable consumer electronics.

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Deep Industries

Recent filing: (ORDER) Deep Industries has received a Letter of Award worth INR 81 Cr from Oil India Limited for Charter Hiring of 01 No. of 1000 HP Mobile Rig package for 2 years (with the provision of 1-year extension) for Drilling and Workover jobs in Tulamara DSF Block, Tripura under OIL, Duliajan.

SUMMARY: 3y Operating Profit uptrend | PE 16.4x (Sector PE range 10-30) | JV | Acquisition | Orderbook INR 1,200 Cr (Dec-23)

  • MCap of INR 1,944 Crore (share price = INR 304 / share) (as on 16th Apr ‘24)
  • TTM PE 16.4x (as on 16th Apr ‘24) Retail float = 14.7% (Dec-23)

FOOD FOR THOUGHT: Majority of orderbook is from ONGC / ONGC-led consortium

What are the products and services of Deep Industries?

Deep Industries Ltd. is specialized in providing Air & Gas Compression Services, Drilling and Workover Services, Gas Dehydration Services, and also having expertise in Integrated Project Management Services. It provides various equipment and services under rental and chartered-hire basis.

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Som Distilleries & Breweries Ltd.

Recent filing: (INCREASE IN OPERATIONAL EFFICIENCY) Som Distilleries & Breweries announced the commissioning of wraparound packaging equipment at its Bhopal canning facility. Designed to seamlessly integrate into existing production lines, the wraparound equipment offers advanced features and capabilities. Its precision engineering ensures precise wrapping and sealing of products, minimizing downtime and maximizing throughput. Company anticipates an increase in operational efficiency by 25%.

SUMMARY: 3y Operating Profit uptrend | PE 29.0x (Sector PE range 30-70) | Excellent Dec-23 results | Promoter buying | Fund raise | Capacity expansion | Geographical expansion | Ace Investor | Consumption

  • MCap of INR 2,388 Crore (share price = INR 308 / share) (as on 16th Apr ‘24)
  • TTM PE 29.0x (as on 16th Apr ‘24) Retail float = 25.3% (Dec-23)

FOOD FOR THOUGHT: IT Dept. raided multiple premises in election-bound MP and Chhattisgarh. It has also raided the house of Som Group owner Jagdish Arora (Nov ’23) | QIP cancelled in Oct ‘23

What are the products and services of Som Distilleries?

Som Group has its portfolio of brands across the spectrum of Spirits, Beer, Alcopop. SOM’s flagship brand Hunter is a forerunner in the strong beer category.

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