HONASA CONSUMER CASH FLOW PROJECTIONS
Adani portfolio delivers record 45% EBITDA growth in FY24
Adani Group companies posted a record 45 per cent rise in pre-tax profit (EBITDA) to Rs 82,917 crore (about USD 10 billion) in FY24 as the apples-to-airport conglomerate made a massive comeback, the group said on Sunday.
Adani portfolio delivers record 45% EBITDA growth in FY24
Adani Group companies saw a record 45% rise in pre-tax profit (EBITDA) to Rs 82,917 crore (about USD 10 billion) in FY24, marking a massive comeback for the apples-to-airport conglomerate. The group focused on containing debt, reducing founder share pledge, and consolidating the business in core competencies. The five-year compound annual growth rate for profit growth was 54%.
Lesson for entrepreneurs: What are the common mistakes startup founders make and how to avoid them?
India has the third largest startup ecosystem in the world, with 1.17 lakh entities (DPIIT), nearly 1,710 venture capital funds, 794 accelerators and incubators (Tracxn), and several government initiatives like Startup India. Despite this fervour and support, financial and otherwise, the startup journey is extremely difficult.ET Wealth lists the typical mistakes most founders make and tell you how to tackle these
Bearing the brunt today, but good for long term: 6 stocks from the financial services sector with upside potential of up to 30%
For all those who were again thinking why the financial services sector stocks are leading the recent phase of decline. A look into FPI holding patterns would throw the answer. It is the financial services, including banks where FPIs have the maximum exposure, so if they are booking profit, the first round of selling is bound to come in the sector where they have maximum holding.But there is another part to the story, which is when they come back, it is the very same sectors where they buy the first, because financial services and banks are the best proxy play to GDP growth. Also the fact that the majority of these stocks have ample liquidity plays an important part in the kinds of strong moves these stocks see.
How digitisation is helping MSMEs improve customer management
Digitising various aspects of MSME operations is essential for driving growth, enhancing efficiency and staying competitive in today’s global marketplace.
RIL to gain from lower capex, cash flows as biz verticals get the shine
The stock of Reliance Industries (RIL) has gained 14% since the beginning of 2024, beating the 4% increase in the S&P BSE Sensex following signs of peaking capital expenditure and improving prospects across business verticals.
Blackrock, ADIA, domestic funds hike stake in Vedanta
The world's largest asset manager BlackRock, as well as the Abu Dhabi Investment Authority, along with domestic mutual funds like ICICI Mutual Fund and Nippon India Mutual Fund have increased their holdings in Vedanta by almost 2 per cent during the last four months, said market participants.
Macrotech Developers aims to generate surplus cash in Q4, reduce debt by 11pc: MD Abhishek Lodha
Realty firm Macrotech Developers Ltd, which markets its properties under the Lodha brand, is focusing on generating surplus cash flow and reducing debt by at least 11% this quarter to Rs 6,000 crore. The company's MD and CEO, Abhishek Lodha, expressed confidence in achieving sales bookings guidance of Rs 14,500 crore for this fiscal year, thanks to a strong launch pipeline in the current January-March quarter.
Never seen such a manufacturing revolution! Buy stocks with good earnings & cash flows: Devang Mehta
Devang Mehta says: “I have never seen this type of manufacturing revolution. My sense is, for a lot of these ancillary power companies, earnings are still to come. A lot of these companies have rerated on the price to earnings (PE) basis. Otherwise, you will find a lot of companies at 40, 50, 60, 80 PE.”
JM Financial initiates coverage on Mamaearth with a buy rating, lists 3 top triggers
The company run by husband-wife co-founder duo of Varun and Ghazal Alagh capitalised on the "large unsolved need" for toxin-free baby and skin care products in India. While Varun comes from an FMCG market background (Coca-Cola, HUL, Diageo), Ghazal started her career as a corporate trainer.
This mid-cap equity mutual fund gave 29.2% returns in 3 years; should you invest?
INVESCO INDIA MID CAP: The fund’s preference is for growth-oriented, niche businesses, with strong cash flows, healthy balance sheets and management pedigree. Its portfolio size has now expanded to more than 60 stocks, compared to its earlier stance of running a compact portfolio. All you need to know before you invest
Is there anything left in the market that is undervalued right now? Deepak Shenoy answers
“If the spending on elections allows the two-wheeler segment to revive, all the three large two-wheeler companies, and then Eicher, which is relatively more niche, will see some kind of uptick in terms of sales. The stock prices have already started to go up so maybe people know much more than what I am talking about.”
We are focused on market share gain; almost 40% of our business comes from offline now: Honasa Consumer CFO
“In our balance sheet, if you exclude cash and if I have to analyze our performance in the first half, we are almost at 50% plus ROCEs. So it is a business where given the opportunity that exists, we will focus on ensuring that we continue to deliver market beating growth.”
Hot Stocks: Brokerages view on Sun Tv, Jubilant Food, Honasa Consumer and DLF
IIFL Securities downgraded Sun TV to ADD from a buy earlier but raised the target price to Rs 731 from Rs 678 earlier.
Invesco India Small Cap mutual fund's risk-return profile not among the best in the category
We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
Mamaearth parent Honasa Consumer sees IPO going in the right direction
Honasa Consumer’s Rs 1,700 crore IPO opened for public subscription on Tuesday. It is offering the shares at a price band of Rs 308-324 each.
After a great Q2, Blue Star looking forward to a strong Q3 as well: MD
“October has been good, better than expected. The industry is doing well and we continue to outperform the industry. We are looking forward to a strong Q3 as well. You know that we will be building up stock in the market by December as well. So it is Dussehra, Diwali, and then the build-up for the summer so it looks like a positive outlook.”
Honasa Consumer management on IPO, growth outlook and more
Our third brand, Aqualogica, is at a 150 crore ARR already. Our acquisitions with Dr Sheth and Bblunt continue to grow very-very strongly. So there is a huge headroom for growth that we see.
Mamaearth parent says contribution of top 10 products to operating revenue decreasing
For the year-ended March 31, Honasa’s top 10 products accounted for 27.38% to its Rs 1,492.75 crore operating revenue, down from 30.17% of Rs 943.46 crore in the previous year, according to the RHP.
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