S J Logistics Orders, Sunita Tools Fund Raise And Nuvama Wealth Management Good to Excellent results

S J Logistics (India) Ltd.

Recent filing: (ORDER) SJ Logistics has received two orders totaling INR 78 Cr from a T&D player. The first order is to complete within 9 months, worth INR 62 Cr for end-to-end logistics service, and the second one is to be completed in 10 months, worth INR 16 Cr for port-to-port logistics service.Top of Form

SUMMARY: 3y Operating Profit uptrend | PE 35.1x (Sector PE range 10-40) | Excellent Dec-23 results | Ace Investor | Institutional Entry | IPO | Logistics

  • MCap of INR 610 Crore (share price = INR 421/share) (as on 10th May ‘24)
  • TTM PE of 35.1x (as on 10th May ‘24) Retail float = 19.5% (Mar ‘24)

FOOD FOR THOUGHT: Negative Operating cash flow for FY ’23.

What are the products and services of S J Logistics ?

The Company specializes in logistics and supply chain solutions, offering services like freight forwarding, custom clearance, and transportation handling.

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Sunita Tools Ltd

Recent filing: (FUND RAISE) BoD of Sunita Tools has considered and approved the issuance of 5L equity shares and 2L warrants. The price for these shares and warrants has not yet been determined. Subscribers include Sandeep Singh, Rakesh Laroia, WOW Investments, and Ten Eighty Investments.

SUMMARY: 3y Operating Profit uptrend | PE 51.8x (Sector PE range 30-60) | Fund raise | Capacity Expansion | Acquisitions | Industrial Products

  • MCap of INR 202 Crore (share price = INR 358 / share) (as on 10th May ‘24)
  • TTM PE 51.8x (as on 10th May ‘24) Retail float = 20.6% (Mar-24)

FOOD FOR THOUGHT: Negative Operating cash flow for FY ’23.

What are the products and services of Sunita Tools?

Founded in 1988, the company specializes in the production of mold bases and machining parts catering to Automotive, Pharmaceutical, Electronics, Consumer Goods, and Manufacturing Sectors. Its product line includes Custom Mould Bases, Plastic Mould Bases, Mould Bases for Caps & Closures, Standard Mould Bases, and Die Casting Mould Bases.

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Nuvama Wealth Management Ltd.

Recent filing: (GOOD TO EXCELLENT RESULTS) For the quarter ending Mar-24 for Nuvama Wealth Management, Sales up 51% YoY from INR 613 Cr in Mar-23 to INR 927 Cr in Mar-24. Similarly, Net Profit up 2.1x from INR 85 Cr to INR 181 Cr. On a QoQ basis, Sales up 10% and Net Profit up 3%.

SUMMARY: 3y Operating Profit uptrend | 7q Operating Profit uptrend | PE 28.6x (Sector PE range 20-50) | Excellent Mar-24 results | Ace Investor | Institutional entry

  • MCap of INR 17,940 Crore (share price = INR 5,056 / share) (as on 10th May ‘24)
  • TTM PE 28.6x (as on 10th May ‘24) Retail float = 6.6% (Mar-24)

FOOD FOR THOUGHT: The wealth management sector faces volatility due to market fluctuations and regulatory risks. Changes in regulations, like banning upfront commissions, can erode margins of a company.

What are the products and services of Nuvama Wealth Management?

Nuvama Group, formerly known as Edelweiss Wealth Management, boasts a reputable presence in the Indian market with a rich history spanning over 25 years. The firm has established itself as a key player in the financial services industry like Wealth Management, Asset Management, Capital Markets.

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