Shriram Pistons Excellent Results, Datamatics Global Services Empanelment, Aditya Vision Fund Raise

Shriram Pistons & Rings Ltd.

Recent filing: (GOOD TO EXCELLENT RESULTS) For the quarter ending Dec-23, Sales up 20% YoY from INR 636 Cr in Dec-22 to INR 766 Cr in Dec-23. Similarly, Net Profit up 44% from INR 75 Cr to INR 108 Cr. On a QoQ basis, Sales up 2% and Net Profit down 5%.

SUMMARY: 4y Operating Profit uptrend | 7q Operating Profit uptrend | PE 18.2x (Sector PE range 30-50) | Excellent Dec-23 results | Institutional entry | Acquisition

  • MCap of INR 7,555 Crore (share price = INR 1,715 / share) (as on 31st Jan ‘24)
  • TTM PE of 18.2x (as on 31st Jan ‘24) Retail float = 8.6% (Dec-23)

What are the Products and Services of Shriram Pistons?

Shriram Pistons & Rings Limited (SPRL) provides end-to-end solution which includes design, develop, validate and manufacture products for its customers. Product Portfolio of the company includes Piston & Piston Pins, Piston Rings, Engine Valves, Electric Motors & Motor Controllers and Precision Injection Moulded Parts.

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Datamatics Global Services Ltd.

Recent filing: (EMPANELMENT) Datamatics Global Services Ltd. has announced the empanelment of Datamatics TruBot RPA (Robot Process Automation) solution by National Health Service (NHS) Shared Business Services (SBS), UK. This strategic development will allow over 2,100 public sector organizations across the United Kingdom to leverage TruBot RPA from the Datamatics Intelligent Automation Platform to automate a range of simple as well as complex processes.

SUMMARY: 5y Operating Profit uptrend | PE 19.9x (Sector PE range 30-50) | Strategic Partnerships | New Products | New-Age IT

  • MCap of INR 4,127 Crore (share price = INR 700 / share) (as on 31st Jan ‘24)
  • TTM PE 19.9x (as on 31st Jan ‘24) Retail float = 12.7% (Dec-23)

What are the Products and Services of Datamatics Global Services?

Incorporated in 1987, Datamatics Global Services Ltd. provides solutions for data driven businesses to enhance their productivity and customer experience. Its services can be divided into three segments: digital operations, digital experience and digital technology The Company has also developed products in robotics process automation, advanced analytics business intelligence, and automated fare collection.

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Aditya Vision

Recent filing: (FUND RAISE) BoD of Aditya Vision has approved the raising of INR 282 Cr worth of funds through issuance of 7.9L equity shares at INR 3,573 per share. 7.5L shares is being subscribed by Smallcap World Fund, Inc and 38k shares by American Funds Insurance Series Global Small Capitalization Fund.

SUMMARY: 6y Operating Profit uptrend | PE 63.8x (Sector PE range 30-70) | Fund Raise | New stores | Institutional entry | Consumption

  • MCap of INR 4,679 Crore (share price = INR 3,890 / share) (as on 31st Jan ‘24)
  • TTM PE 63.8x (as on 31st Jan ‘24) Retail float = 8.3% (Dec-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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