Advait Infratech: A detailed analysis

Thanks for sharing, but I fail to understand how is this profitable?

Net cost is 25k. So how is this profitable? You have considered profit of just 50$ /mw.

Please kindly review if this is possible.
Got at some presentation by AIL to HNi’s and some institutions

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Does anyone know the reason for QoQ decline in revenues for Q4FY24 and Q1FY25, essentially stagnating now?

Most of such heavy engineering and defense have higher revenues in H2. So could be why

Hi @Midhunjoe
Poor set of numbers from Advait

When can they possible add GH2 numbers to their topline?
Any idea regarding this

Correct me if I’m wrong, but from their alpha sme stars pitch, green hydrogen would start after a few years … 2026-2027 iirc. In the mean time ERS, optical cables and other electrical will be main. They are also adding new products in the electrical side. Also given the their subsidiaries are just starting out, wouldnt it be prudent to look at standalone numbers only. This is better YoY. Not by much but still up (11.8%)

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I think revenues from GH2 is still some time away. They have so far executed a pilot project only and rest I believe is in testing phase. As mentioned in the previous post by @Aloysius_De_Sa the standalone numbers looks better although not great.
But what is worrying for me is the lack of communication from the management in terms of ppt , calls etc after a subdued set. Shows the lack of character….

P.S : Invested

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Although I do agree that it is about time that Advait and for that matter many other >1000 Cr mcap companies to start doing concalls, I do not take it as a red flag as they never did concalls earlier too. It would be worrying if they used to do earlier and didn’t do this quarter which could mean they have something to hide. For that matter you could check the link for the latest facts and guidance from the promoters. https://youtu.be/WekO_KeNCAk?si=mLfL0BTDpsOGA5h-.

Edit - I see that Advait has always released a ppt after results at least in the recent past. I hope they continue. Else maybe they have taken the October ppt from the webinar for this quarter. I hope it is not the case

They have heard it.

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Talk about timing! Who knew Mr.Shalin and team is active on Valuepickr :grinning: . Very happy with the update

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