Wise Travel India Revenue Guidance, Rulka Electricals And Arman Financial Service Bulk Deals

Wise Travel India Ltd.

Recent filing: (REVENUE GUIDANCE) As per the latest Virtual Investors meet, Wise Travel India plans to grow its revenue by 30-35% in FY25.

SUMMARY: 3y Operating Profit uptrend | PE 28.9x (Sector PE range: 30-60) | IPO | Travel Services

FUTURE OUTLOOK: As stated above

  • MCap of INR 671 Crore (share price = INR 282 / share) (as on 12th Jun ‘24)
  • TTM PE 28.9x (as on 12th Jun ‘24) Retail float = 11.2% (Mar-24)

FOOD FOR THOUGHT: Intense competition in the cab services space.

What are the products and services of Wise Travel India ?

WTi provides integrated people transportation with the objective of providing best in class quality of service with an unmatched network spanning in 130+ cities of India. The operations are carried out with a large fleet of on-road and robust technology platforms. The objective behind the venture is to have Presence across the value chain through services in the corporate people transportation which includes Car Rental Services, Employee Transportation Services, Car Leasing, Coach rentals, Technology, and Mobility Solutions.

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Rulka Electricals Ltd.

Recent filing: (BULK DEAL) Bofa Securities Europe Sa bought 21.6k shares of Rulka Electricals at INR 417/share, aggregating to INR 90L.

SUMMARY: 3y Operating Profit uptrend | 1h Operating Profit uptrend | PE 30.3x (Sector PE range 30-50) | Institutional Entry | IPO | Diversified Commercial Services

  • MCap of INR 185 Crore (share price = INR 435 / share) (as on 12th Jun ‘24)
  • TTM PE 30.3x (as on 12th Jun ‘24) Retail float = NA

FOOD FOR THOUGHT: Negative Operating cash flow for FY24

What are the products and services of Rulka Electricals?

Company is a turnkey projects contractor specializing in providing comprehensive solutions for all types of Electrical and Fire Fighting projects. The company offers a wide range of services including Electrical Solutions, Electrical Panels, Solar EPC Contracts, Turnkey Electrical Warehousing Projects, Electric Commercial Industrial Services, Maintenance Services, Electrical Contracting, and Data & Voice Cabling Installation across various sectors such as Industrial, Commercial, Retail, and Theatre.

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Arman Financial Services Ltd.

Recent filing: (BULK DEAL) Prudent Equity Ace Fund bought 70k shares of Arman Financial Services at INR 2,300/share, aggregating to INR 16.1 Cr.

SUMMARY: 3y Operating Profit uptrend | 7q Operating Profit uptrend | PE 14.7x (Sector PE range 10-20) | Excellent Mar-24 results | Fund raise | Institutional entry | Micro Finance

FUTURE OUTLOOK: As per FY24 Con-call, targeting a growth of 25-30%

  • MCap of INR 2,559 Crore (share price = INR 2,442 / share) (as on 12th Jun ’24)
  • TTM PE of 14.7x (as on 12th Jun ’24) Retail float = 22.5% (Mar-24)

FOOD FOR THOUGHT: Microfinance industry susceptible to socio-political issues and regulatory changes, especially given the unsecured nature of microfinance loans.

What are the products and services of Arman Financial Services ?

Arman Financial Services Limited is an RBI registered Non-Banking Finance Company – Asset Finance Company (NBFC-AFC) with rural and semi-rural financing at the centre of its business model.

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