Safari Industries Capacity Expansion, Power Mech Projects Order And Aditya Vision Bulk Deals

Safari Industries Ltd.

Recent filing: (CAPACITY EXPANSION) Safari Manufacturing Ltd., Company’s wholly owned subsidiary, has executed a Lease Deed with Mahindra World City (Jaipur) Ltd. to take on lease, property situated at District Jaipur, Rajasthan. The said property is proposed to be used for setting up integrated greenfield manufacturing facility and the consideration involved is INR 53 Cr.

SUMMARY: 3y Operating Profit uptrend | PE 55.5x (Sector PE range 30-70) | Capacity expansion | Consumption

  • MCap of INR 8,997 Crore (share price = INR 1,890 / share) (as on 1st Jan ‘24)
  • TTM PE of 55.5x (as on 1st Jan ‘23) Retail float = 10.2% (13th Dec-23)

What are the Products and Services of Marine Electricals ?

Safari Industries is in the business of manufacturing luggage and luggage accessories like hard luggage, soft luggage, duffle bags, backpacks, school bags, fashion bags and travel accessories.

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Power Mech Projects Ltd.

Recent filing: (ORDER) Power Mech Projects Ltd. has received orders worth INR 2,192 Cr: (i) INR 675 Cr from Meenakshi Energy Ltd. for Revival and O&M services at coal fired power plant in Andhra Pradesh over 5 years, (ii) INR 1,518 Cr from Directorate of Geology and Mining, Dehradun, Uttarakhand for Mining of riverbed minerals.

  • MCap of INR 7,035 Crore (share price = INR 4,450 / share) (as on 1st Jan ‘24)
  • TTM PE 31.0x (as on 1st Jan ‘24) Retail float = 11.1% (Sep-23)

SUMMARY: 3y Operating Profit uptrend | PE 31.0x (Sector PE range 30-50) | Fund raise | Orderbook INR 53,467 Cr (Nov ‘23), 14x of TTM Sales | Electrification

What are the Products and Services of Power Mech Projects?

Established in 1999, Power Mech Project is one of the leading infrastructure-construction companies based in Hyderabad with global presence, providing spectrum of services in power and infrastructure sectors. Strategic foray into Railways, Water Projects, Roads, Coal Mining, Cross Country Pipelines, Material Handling & Manufacturing leading to widening focus from Power to Non-Power sectors.

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Aditya Vision

Recent filing: (BULK DEALS) Ask Investment Managers Pvt. Ltd. bought 65k shares  of Aditya Vision Limited at INR 3,562/share, aggregating to INR 22.6 Cr. Promoters Sunita Sinha and Nishant Prabhakar sold 1.3L and 1L shares respectively at the same rate, aggregating to INR 45 Cr and INR 34.6 Cr respectively.

SUMMARY: 6y Operating Profit uptrend | PE 57.4x (Sector PE range 30-70) | New stores | Institutional entry | Consumption

  • MCap of INR 4,192 Crore (share price = INR 3,485 / share) (as on 1st Jan ‘24)
  • TTM PE 57.4x (as on 1st Jan ‘23) Retail float = 8.2% (Sep-23)

What are the Products and Services of Aditya Vision?

Aditya Vision is a fast growing and service oriented electronic retail chain in Bihar, Jharkhand and Uttar Pradesh. Began in 1999, now the company has its presence in almost all the districts of Bihar. It is a group of multi-brand stores dealing in consumer durables of all kinds.

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