Investment - Share Market

Shaily Engineering Plastics

MOTILAL OSWAL MUTUAL FUND

Bought 2,33,156 shares @ Rs. 1,251.69

🔹 6 BREAKOUT Stocks

📌#ENGINERSIN - Engineers India Ltd

📌#ASTERDM - Aster DM Healthcare Ltd

📌#BDL - Bharat Dynamics Ltd

📌#IRCON - Ircon International Ltd

📌#HBLPOWER - HBL Power Systems Ltd

📌#KEI - KEI Industries Ltd

Alert: PCBL has proposed to set up plant for manufacture of new rubber black & value-added chemicals at Naidupeta SEZ at an investment of ₹3,718 crore

Stock: PCBL Ltd
Update Type: General

🤖 AI Summary: PCBL Chemical Limited has been allotted 116.62 acres of land in Andhra Pradesh for establishing a rubber black and value-added chemicals manufacturing unit.

The government has approved the allotment subject to certain conditions. The company has informed the stock exchanges about this material event.

NAZARA TECHNOLOGIES; Board approved the allotment of 89,59,728 equity shares at ₹954.27 each on a preferential basis via private placement, for a total consideration of ₹854.99 crore

SBI MF , Ace Investor Madhusudan Kela's Cohesion MK Best Ideas Sub-Trust , Discovery Fund , Think India Invested in NAZARA TECH @ ₹ 954.27/Share

CG POWER: CO UNIT G.G.TRONICS INDIA WINS A PRESTIGIOUS KAVACH ORDER FROM GOVT OF INDIA || ORDER VALUE IS RANGING BETWEEN RUPEES 500 CR TO 600 CR

WELSPUN ENT ; Welspun One launches Rs 2,700-cr warehousing & industrial park at JNPA SEZ - PTI

The 55-acre logistics project, a collaboration between Welspun One and JNPA, has a capacity of 36,000 TEUs and offers over 400,000 pallet positions and parking for 600 trucks. It is expected to create employment for 5,000+ people, boosting the local economy.

BCL INDUSTRIES IN FOCUS

CO RECEIVED LETTER OF ACCEPTANCE FOR SUPPLYING 60 LAC LITRES OF ENA, FROM ITS BATHINDA (PUNJAB) DISTILLERY

KEC INTERNATIONAL mngmt Says See Further Requirement Of Large Transmission

Have Never Seen Such Strong Ordering Activity In The Sector

Participated In EPC For KAVACH & Loco Orders

Expect 2 HVDC Orders This Year

Transmission Is 20% Of Total HVDC Segment, Partly Factored Into Guidance

MORGAN STANLEY ON OMCS

India's fuel prices are benchmarked to $75/bbl Brent

Integrated margins for OMCs have increased with stable fuel prices

Rising crude discounts and improving domestic demand should continue to support margins

This would reduce the narrative of fuel price cuts

Prefer HPCL/BPCL

Kotak on Nalco

Downgrade to REDUCE vs ADD
Fair Value remains unchanged at Rs250/share

Risk-reward is no longer attractive
Recent rally captures near-term earning windfall & lacks further steam

Believe that current alumina deficit is temporary & will reverse into a surplus in CY2025E, led by
(1) New capacity ramp-up
(2) Easing demand as China is fast approaching its aluminum capacity cap

On Aluminum—facing cost pressure and supply restrictions which is a headwind for alumina

Orient Technologies Ltd Concall Notes - Nov 2024

Company Overview

Orient Technologies Limited is primarily a service provider in the information technology sector, with over 27 years of experience.

The company operates in three main segments:

IT Infrastructure Products and Solutions (63% of revenue)

Cloud and Data Management Services (21.33% of revenue)

IT Enabled Services, including Cyber Security Services (16% of revenue)

The customer base is predominantly in India, with a branch in Singapore for IT services.

Financial Performance

Q2 FY25 Total Income: ₹225.07 crore, up 50.74% from ₹149.31 crore in Q1 FY24.

Revenue from Operations in Q2 FY25: ₹223.14 crore, a growth of 49.92% from ₹148.85 crore in Q1 FY25.

EBITDA for Q2 FY25: ₹20.72 crore, reflecting a 51.76% increase from ₹13.65 crore in Q1 FY25.

H1 FY25 Total Income: ₹374.38 crore, a growth of 39.61% from ₹268.17 crore in H1 FY24.

H1 FY25 EBITDA: ₹34.37 crore, up 39.42% year-on-year.

EPS for Q2 FY25: ₹4.15, up 60.25% from ₹2.59 in Q1 FY25.

Market Segmentation:

Mid-market segment contributes to 53.89% of total H1 revenue.

BFSI sector contributes 19.62%, while IT customers contribute 9.17%.

Government and PSU account for 8.15%, and healthcare and pharma contribute 2%.

Strategic Developments:

Secured multi-year contracts with institutions like SIDBI, NEML, and BECIL, enhancing cloud services revenue.

Strategic empanelment with PSB Alliance, allowing cloud service provision to 12 public sector banks without separate procurement processes.

Anticipated revenue growth from PSB Alliance estimated at ₹100 crore over three years.

Focus on expanding in the cyber security space, reflecting increased customer demand for security solutions.

Operational Insights:

Current order book stands at ₹165.51 crore, expected to be billable in H2 FY25.

Anticipated revenue growth trajectory of 30-35% year-on-year over the next three years.

Current EBITDA margin is around 9.21%, with expectations to reach double-digit margins soon through operational efficiencies.

Industry Outlook

The Indian data center market is projected to grow at a CAGR of 9%, with a total size of ₹5,400 crore by FY28.

Domestic IT services industry is growing at a CAGR of 7.5% to 8.5%, presenting significant opportunities for Orient Technologies.

Challenges and Management Optimism:

Management acknowledges competitive pressures in the end-user computing segment, with a focus shifting towards more profitable cloud and data management services.

Despite seasonal fluctuations in Q3 due to holidays, management remains confident about sustaining growth momentum and achieving operational targets.

The company retains a high customer retention rate of 80-90%, indicating strong client relationships and satisfaction.

Future Guidance:

Expecting around ₹600 crore in revenue for FY25, with a growth target of 30%.

Revenue per employee currently at ₹50 lakh, with an attrition rate of 15-17%.

Plans to increase managed services contribution from 15% to 25% over the next three years.