who are the competitors of company ?
How Likhitha infrastructure is better than peers ?
what is the economic moat of company ?
Dear friends, please share if you know , because this is decisive.
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Question and possible earnings trigger
- Hydrogen sector which requires lot of pipeline infrastructure can affect company revenues
- Huge commitment by CGD companies to establish 10,000 CNG stations by 2030.
- Energy mix will have 15% gas by 2030.
- Only listed pipeline laying player
- Good financial ratios with PE - 16, ROCE - 35, Debt free, ROE - 27
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Can anybody post the current ongoing projects of the company ,if having access to the same.
Thanks in advance.
You can find it on their website. Thanks.
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Decent result from Likhitha.
With only 18cr profit in Q4FY23, company will have EPS of around 16.5.
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I also find Likhita a good prospect. So thankful for this post. It is so full of details.
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IPO of Rudra gas, also in pipeline laying segment, is showing 80% premium to its IPO price. This means that it will list on 15th Feb at close to 22PE while much bigger and consistent Likhitha Infra is available at 15PE.
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If government can pull this off successfully, it could really speed up pipeline laying process throughout India.
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Government plan to expand Natural gas pipeline connection.
There manifesto quote.
Expanding Piped Natural Gas Connections
We have provided piped gas connections to around 1.1 crore households nationwide.
âWe will further
expand this programme to all major cities and towns.â And from that likhita gain 20+% in a week.
https://www.bjp.org/bjp-manifesto-2024
Good sign for growth in likhita infrastructure in upcoming yearđ
.
I am invested
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Is anyone tracking, based on the projects in hand, whatâs the annual revenue Likhitha can do in this FY?
There CCC from last two years are more than 366 days so itâs really hard to predict there sales YOY.
But if you have to take an idea I would say by looking there ORDER BOOK and how the current government is focusing on infrastructure. They will continue to grow there sales @30% for next five years.
There is immense opportunity for likhita infrastructure.
As of now, the Petroleum and Natural Gas Regulatory Board (PNGRB) has authorized 293 Geographical Areas (GAs), which cover approximately 96% of the population in India. These areas span 617 districts across the country.
The focus on a gas-based economy is indeed a significant part of Indiaâs energy strategy.
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One Nation, One Gas-Grid: The concept of a unified gas grid aims to enhance the availability and accessibility of natural gas across the nation. This integrated approach facilitates efficient distribution and utilization of gas resources.
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Increasing Natural Gas Share: The government has taken proactive steps to boost the share of natural gas in Indiaâs energy mix. The goal is to raise it from the current 6.7% to 15% by 2030.
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Infrastructure Development: India is witnessing substantial progress in pipeline infrastructure. Approximately 16,000 kilometers of new gas pipelines are being developed across the country.
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Atmanirbhar Bharat: A gas-based economy contributes to self-reliance (Atmanirbhar Bharat).
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Rising Demand: The demand for natural gas is increasing, especially in power generation and transportation sectors.
The target of achieving a 15% share of natural gas in the energy mix by 2030 reflects the nationâs commitment to sustainable and efficient energy practices.
Source:
(1) Welcome to PNGRB. https://pngrb.gov.in/
(2) Press Information Bureau. Press Information Bureau
(3) PRESS RELEASE - PNGRB. https://pngrb.gov.in/pdf/media/PressRelease16082021.pdf
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@rajyashrajsingh Has anyone done some analysis of management of this company. Not much material available in public domain. Also which sectors will be beneficiaries of â National Gas Gridâ. Any thoughts on this.
Some of the people have already discussed the management reputation red flags and other information in this thread you can check.
And for the other question please check this article it will help you.
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