Blogs

August 16, 2021

SBI on a very solid wicket with most legacy NPAs behind it and credit growth to improve once lockdowns are relaxed; lower credit costs should improve return ratios

The State Bank of India (SBI) is India’s largest bank with a ~ 23% market share in assets and one-fourth of deposits market. The Bank has […]
August 16, 2021

United Breweries is a good play on return to normalcy; volumes have held up well despite lockdown and resultant decline on out of home consumption. Expect good times post lockdown relaxation

United Breweries in India’s largest beer company with market share in excess of 50 %. The parent company, Heineken is a global leader in beer and […]
August 16, 2021

Godrej Properties new booking remain strong post lifting of lockdowns; revenues and profits will grow as projects near completion; company sitting on good land bank

Godrej Properties is a leading realtor from the Godrej group. The activities of the company are geographically dispersed and therefore revenues are more de-risked than other […]
August 16, 2021

Zydus Wellness well poised to flourish with assimilation of acquired products nearly completed and management focusing on distribution and brand promotion

Zydus Wellness is the FMCG subsidiary of the pharma giant Cadilla Healthcare. It is renowned for its brand “Sugarfree” which was the first sugar substitute brand […]
August 16, 2021

Vinati Organics performance is gradually improving post Covid disruptions; expansions to drive growth

Vinati Organics is a specialty chemical company and world leaders in two products, Isobutyl Benzene (IBB) and 2-Acrylamido 2 Methyl propane Sulfonic Acid (ATBS). These products […]
August 16, 2021

V-Guard to regain momentum post second wave as underlying growth dynamics are intact

V-Guard is one of India’s leading electrical and appliance company. Its track record is impressive as the company has been expanding its product range and geographical […]
August 16, 2021

Varun Beverages to do well post Covid-19 pandemic due demographics and distribution push and changing consumption patterns

Varun Beverages is India’s largest PepsiCo Bottler with near monopoly of Indian market post acquisition of additional territory (South and West) from other PepsiCo bottlers. It […]
August 16, 2021

Strong manufacturing capabilities and deep relationships with global agrochemical companies is PI Industries strength; recent acquisition is highly value accretive

PI Industries manufactures agrochemicals for domestic market and contract manufacturing for exports. The major strength of the company is its relationship and trust of large global […]
August 16, 2021

Although expensive on valuation parameters, Nazara has a long runway for growth given changing entertainment habits and young internet savvy population

Nazara Technologies is India’s first and only listed digital gaming company. The segment has great potential due to falling internet data plans, shifting entertainment patterns and […]
August 16, 2021

Dabur to benefit from increased spend on health and hygiene in a post Covid world, rural focus and presence in growth segments of FMCG market key positives

Dabur is a leading FMCG company present in many segments viz. Home, Personal Care, Healthcare and Food. Although many of these verticals are mature, lower competitive […]