insider trade: Acquisition of 43,783 equity shares worth Rs 11.81 lacs by promoter groups
insider trade: Acquisition of 4,616 equity shares worth Rs 1.20 lacs by promoter groups on 15.03.2019
insider trade: Acquisition of 26,634 equity shares worth Rs 6.90 lacs by promoter groups
The article is on Synthite industries which is a leader in this segment.
https://www.outlookbusiness.com/specials/the-power-of-i_2017/indias-tastemaker-3621
Hi Mahesh,
Hope all is well! Are you still tracking the company? What are your current views on the company and any new developments for a few years and future outlook that you can comment on? Thought the annual report was very informative. Thanks
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Hi Sahir, Iâve just begun researching AVT and noticed this thread seems fairly inactive.
The company seems well positioned for growth under its young CEO.
Would you be willing to share any of your more current research on the thread. I will do the same as I start the process.
Ive noticed that the big players in this space like Gavaudun, IFF and Symrise, probably donât see AVT as a competitor yet, but they are a good proxyâs for AVTâs long term potential.
Hi Arjun,
Unfortunately, I have misplaced by research doc I made on AVT Natural but found the one with the questions I had. Did this a few months ago, some of the questions were answered too but I have no idea because I stopped tracking it but you might find these useful. Sorry for the delay and wish I could give you my research doc. I Will send it to you as soon as I find it
Why are the margins varying so much?
All these products, do you require to use them immediately or can they be stored over time? What is their inventory storage?
Proper facility if they have that they donât depend on rain
How much of the raw material do they grow themselves? How much do they buy?
How much of the change are you seeing in the makeup industry?
Where is the growth coming from
What new products
What is the safety stock you maintain?
How much more can the margins contract? Worst case
How much can they expand? With new products?
Hi Sarita,
AVT is very much alive and worth buying in my opinion. But donât take my word for it. Do some digging.
That being said:
The company has a very long track record in the oleoresin industry, is family run with very ethical management that also owns other very successful privately held companies, and seems to be at an inflection point. Namely, they are expanding from commodity goods into value added goods that they would sell directly to customers as opposed to through wholesale. It is similar to the process that companies like Marico and Godrej went through in their early days.
This inflection point is further evidenced by a healthy percentage of R&D spending over the last few years, vertical integration of their supply chain and an increased role of Rahul Thomas, the Chairmanâs son. He currently leads marketing and sales but will be successor to his father over time.
This recorded general meeting gives you a good understanding of the demeanor of senior management.
https://www.avtnatural.com/shareholders-information/#sec8
The opportunity here is a 5-10 yr bet that the stock will be lifted by both steady earnings growth and multiple expansion as they transition from commodity player to value added product player. Itâs currently a 2% position in my portfolio putting it in the âriskier playsâ category of Indian companies I own.
Cheers,
Arjun
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I think no one in this thread had noticed their animal nutrition business has grown from 67 lakhs to 8.8 crores from FY21 to FY22, if someone knows what they are doing with this business let us know because Animal Feed or Nutrition is a billion dollar business in India.
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Anybody aware whatâs going on with the company. The sales this quarter are down significantly. Tried to reach the IR , but there is no reply.
Anybody attended the AGM. If you can update the points here will be helpfull.
Just a follow-up on Dhawalâs reply. Did anyone attend the AGM? Any updates would be helpful. Cheers
37th AGM transcript is there on here
anybody have any update about the company, the price and volume has given sharp move this week?
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Posted QOQ better but YoY poor result