Rishi Laser Fund Raise, Moneyboxx Finance Insider Buying And Advait Infratech Investment
Rishi Laser Ltd
Recent filing: (FUND RAISE) BoD meeting of Rishi Laser is scheduled on 25/09/2024 to consider fund raise.
SUMMARY: 5y Operating Profit uptrend | PE 18.4x (Sector PE range 30-60) | Fund raise | Capital Goods Non-Electrical Equipment
FUTURE OUTLOOK: In the FY24 Concall, it was noted that the Pune plant is three times larger than the Bangalore plant but produces less than half the business, highlighting growth potential. With the new facility and resources, the company can scale up to achieve business volumes of INR 250-300 Cr.
- MCap of INR 151 Crore (share price = INR 164 / share) (as on 24th Sep ‘24)
- TTM PE 18.4x (as on 24th Sep ‘24) Retail float = 31.4% (Jun-24)
FOOD FOR THOUGHT: Low promoter holding.
Q1. What are the Products and Services offered by Rishi Laser Ltd?
Company is one of India’s largest steel fabricators, specializing in precision sheet steel fabrication with over 16 CNC Laser Cutting Machines across six units in five states. ISO 9001:2015 certified, it employs lean manufacturing and advanced technologies like CNC Laser Cutting, Plasma & Gas Cutting, and Multi-Axis Welding Robots. With a skilled workforce and modern infrastructure, the company offers comprehensive fabrication solutions and has achieved significant milestones through efficient production practices.*
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Moneyboxx Finance Ltd
Recent filing: (INSIDER BUYING) Praveen Gupta (Designated Person) bought 5.3k shares at INR 260/share, aggregating to INR 13.8 L.
SUMMARY: 5y Operating Profit uptrend | 7q Operating Profit uptrend | Excellent Jun-24 results | PE 72.2x (Sector PE range 10-20) | Fund raise | Promoter Buying | Institutional Entry | Geographical Expansion | Financial Services
FUTURE OUTLOOK: Company has a target of reaching 150 -175 branches from 113 currently, and increase its presence across 12 states from 8 currently.
- MCap of INR 853 Crore (share price = INR 279 / share) (as on 24th Sep ‘24)
- TTM PE 72.2x (as on 24th Sep ‘24) Retail float = 9.64% (Jun-24)
FOOD FOR THOUGHT: PE is above sector range.
Q1. What are the Products and Services offered by Moneyboxx Finance Ltd?
Moneyboxx Finance is engaged in the business of providing small-ticket business loans to micro and small enterprises.
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Advait Infratech Ltd.
Recent filing: (INVESTMENT) wholly owned subsidiary of Advait Infratech has made further investment in TECO 2030 AS. TECO 2030, a Norwegian-based clean-tech listed Company. Post this 2nd tranche of investment, Advait Energy Holding AS holds 4.89% shares of TECO 2030 AS.
This investment is part of a strategic initiative to establish a business relationship with the TECO 2030 ASA in line with the MOU made by the Company as intimate to the exchange on 11th April, 2024 which aimed at the collaboration of both parties to leverage their respective strengths to contribute towards the advancement of clean energy solutions by develop, manufacture, and commercialize TECO 2030 Fuel Cell Technology in Indian as well as SRAAC Market.
SUMMARY: 6y Operating Profit uptrend | PE 71.4x (Sector PE range 50-90) | Fund raise | Large Order| MoUs | Ace Investor | Green Energy | Power and Telecom Infra
FUTURE OUTLOOK: As per FY24 Investor presentation Order Inflow: INR 210 Cr.
- MCap of INR 1,843 Crore (share price = INR 1,805/share) (as on 24th Sep ‘24)
- TTM PE 71.4x (as on 24th Sep ‘24) Retail float = 16.1% (Jul-24)
FOOD FOR THOUGHT: Intensely competitive EPC industry given low barriers to entry | Dependence on tenders floated by government
Q1. What are the Products and Services offered by Advait Infratech Ltd?
Since its establishment in 2009, the Company has been at the forefront of delivering robust products and solutions tailored for power transmission, substation, and telecommunication infrastructure. In 2023, it has diversified into green energy, through its entrance into the supply of electrolysers and fuel cells. The Company has also extended its impact into climate services, focusing on sustainability consultancy, decarbonization consultancy, and comprehensive carbon consultancy services.
Also Read: Rishi Laser Ltd Technical Collaboration, Remsons Industries Bulk Deal And Ceigall India Order