Hello Malhar,
I live in Bangalore, let me know, if I can be of any help in your research.
Regards
Amit Singh Pal
@Malhar_Manek Hi Malhar. I have couple of queries pertaining to above stocks:
Talbros Engg:
How is this company better than Tabros Automotive. What is the revenue potential and scope of margin expansion, came to know that a new plant is getting operational in FY 24. There is no mention on potential business or growth in MD&A in 2022 AR, no investor ppt. On the contrary, Talbros Auto has clearly declared the new orders, potential of doubling turnover over a period of next 4 years. Your insights on this?
Loyal Equipments:
Nothing mentioned in MD&A regarding future potential. less info available in public as compared to Anup. In this scenario, how do you gauge the future potential in these kind of microcaps. Unless we have a strong conviction, allocation in individual stocks cannot be significant.
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Agreed there is very little clarity anywhere for Talbros engineering . Margins have expanded for the last year. There is just a line in the annual report saying they will focus on exports for growth. New plant will start in fy24 according to AR
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Hey @Malhar_Manek
Completely agree with you on finding insights in pages of history. As a 22 year old I only have experience of 4 years in the market but reading the great investor and businesses has improved me as a businessman (Like one of Buffetâs famous quips).
Iâm starting my research on Lakshmi Electricals and would love to do it with you. Letâs pool efforts and research?
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Lakshmi Electrical control system AGM meeting details:
- Orderbook: As the company has very short delivery cycle and hard to predict for the long term basis and its as per customer requirements.
- Customer Acquisiton: Company is looking to add customers in electrical, plastics, ev chargers and smart meters.
- plastic segment opportunity- products consists of industrial and medical plastics and focusing on adding customers on yearly basis.
- EV and smart meters Opportunity : GOI is promoting the state discoms to implement smart meters and currently company is working into ac and dc chargers for 3w and 4w, single and three -phase energy meters.
- Capex - Estimates would be on business requirements on time-to-time.
- Margins - Its low due to raw material availabilty and customer demand and raw materials prices havenât been recovered fully.
- promotors holding - Currently the promoter holdings is low but it would increase its holding as and when appropriate.
- Growth- Prof. have been hired already for the growth and company is working towards it.
- Roadmap - It wants to be a active player in electrical segment and looking to scale up new products.
- Revenue segments - textile, cnc, compressor industry.
- Automation of plants- Its under process and it would be starting in H2 of FY24.
- Products - assemble control panels for required for textile machinery and cnc machinery, manufacture industrial plastcs, use steel cabinets which products electrical components for panel assembly and polymer for industrial plastics.
- Company has done technology absorption for smart meters for which details can be seen in the annual report.
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