Avenue Supermarts (DMart) Sees Stock Dip After Muted Revenue Update:-
Discuss some important companies and some important updates related to them The name of the first company is Aveen summar i.e. dmar. Disclaimer, all the company related news and updates that we will cover are only for learning, for educational purposes, do not consider this as any kind of investment advice, you can also do research and analysis on your own. About Avenue Supermat. Now there is a big reason behind this and that reason is that we are hearing a news related to the company which is obviously related to the business of the company. Because of this you also saw the company in focus. In fact, if we talk about today’s morning session, there you saw a tremendous decline in this company. If you look at the decline, you could see it up to around 4%. Then by closing time you were able to see the recovery.
Revenue Growth Slower Than Expected:-
There was a huge decline in the company in the morning, then about what were the reasons behind it. So, look friends, as per the expectations that the market had from the revenue growth of this company, sorry, we did not get to see the growth of the company as per those expectations. If you’re wondering what the revenue growth was, then quarter one. So the company’s results for quarter one have not come out yet. But the company has reported the business updates for quarter one. Now what is business updates? Basically it is a kind of tease. We get to see the final picture in the company’s results. We get a tease of how we might see the company’s earnings in the company’s business update. At the exact growth rate of the company, which we have seen in Q1 this time, in its revenue is 16.2%. How much revenue did the company report? So that was Rs 15,932 crore. This is stand alone revenue. It is not consolidated. You will see consolidated results in the company. So the company reported a revenue of Rs 15,932 crore. How much was it last year? 13,711 crores. So if you look at it on year on year basis, you would have seen a growth of around 16%. About quarter one and the financial year 2023, then there we got to see the company’s revenue of Rs 11,584 crore. The revenue of the company in 2022 was Rs 9806 crore. So from here onwards, the growth shown by the company in its revenue during this period on year on year basis was 18%. After that, in the numbers reported by the company in quarter one in 2023 and 24, we saw a growth of around 17%. And how much did we get to see this time? 16%, slightly more than 16%, 16.2%, if we compare it with the revenue growth of the last few quarters. Like, if we talk about the last four quarters, when did the company report the lowest growth in the four quarters ? In Q2 of last year, it was around 14%. After that, if you compare the growth shown by the company in its revenue on year-on-year basis for every quarter with this number, then you will see the number of this company for every quarter below. So, somehow the market did not like all these things. That is why you saw a small sell off in this company this morning. Now if we see friends, the current valuation of this company is around 100. The average PE we see for the last 5 years is 123. Now the average PE is high because at one time the valuation of the company was Rs 300. Companies with PE above 300 were visible. Then we did not find the growth of the company to be impressive enough to justify that PE. Due to this, the valuation had fallen significantly and currently you can see the company at a PE of around 100 and even if we look at the PE of 100, the growth rate that the company has shown in the last one year, somewhere it is not able to justify the valuation.
Market Sentiment & Valuation Concerns:-
That is why if you look at the stock price CAGR of the last 3 years, you will see it as only 8% and the number of the last 1 year can only be seen in the negative. So you can keep all these things in mind if you are an Aveen Summer investor. Everything else is for learning purposes only. Don’t take this as a recommendation.
Vedanta’s Demerger Faces Delays After NCLT Hearing Postponed:-
So the name of the next company is Vedanata LED.About yesterday, then yesterday you saw this company in a lot of focus due to demerger. Where was the company’s hearing yesterday?
NCLT Hearing Postponed to August:-
After the hearing in NCLT, we could have heard some big news related to demerger. But because of the news that we got to hear, you got to see Vedta coming into focus today. Now, the biggest reason for coming into focus was that we are going to see further delay in the hearing related to the demerger that we had seen in NCLT. This means that the company is continuously facing a lot of road blocks and due to this we may see further delays in the demerger. A statement from the Indian Petroleum Ministry that they need more time to observe the demerger process. This means that we will get to see demergers happening more daily because NCLT can say who is not getting the clearance yet ? To demerge Vedta.Vedta will dilute its four businesses and create a separate entity. But as of now, these are the things we could hear related to the demerger. We didn’t get to hear it yesterday.
KPI Green Energy Gets MCA Nod for New Renewable Energy Subsidiary:-
About the next company whose name is KPI gEnergized about KPI Green, then in the last 1 year, last 3 years and last 5 years the company has shown very consistent growth in its revenue and profit. If you look at the CAGR of last 5 years, Revenue Gross CAGR is 97% and Profit Growth CAGR is 118%. The 3 year numbers are also quite impressive and if you look at the numbers of the last one year, they are also quite impressive and we heard this commentary from the management of this company that by FY 30, the company can be seen reporting more than 60% growth in its revenue every year.
Strong Financial Track Record:-
This was a very bullish statement and if the company achieves it, then if we look from the business point of view, this news will be very beneficial for KPI Green. All these things were guidance from the management which we get to hear related to every company. No one speaks ill of the company. Maximum companies only say good things. So the management of KPI Agreen is also saying the same thing. At present, the news is coming here that we can say that the approval has been received from the Ministry of Corporate Affairs. Approval for what brother? So the name of the SPV i.e. Special Purpose Vehicles is going to be KPI Clean Power 3 LLP. Now this approval has been received from the Ministry of Corporate Affairs. What will happen instead? So we can say that this is a subsidiary which has been created here. This subsidiary will work for expansion of the company’s business. That means we can say that it will work to expand the business. And here you will also get to see the details. You can see it here. The main objective of the SPV is to generate, develop, transform, distribute , transmit, sell, supply any kind of power and electrical energy using wind energy. Solar Energy and Other Renewable Sources of Energy. So, you can read these details here which subsidiary is going to work in this particular segment. So if we look from business point of view then we can no doubt consider this news positive. Apart from this, let’s talk about the next company whose name is Tata Power LED, but before discussing Tata Power, if you like the video then like the video. Subscribe to the channel and also join the Telegram channel. You will see the link in the description.
Tata Motors’ EV Market Share Slips Amid Rising Competition:-
About Tata Power, then the power that was seen earlier in this company seems to be a bit shaky somewhere because you all know that if we talk about the EV sector, then Tata Power was the first to start in the EV sector, Tata Power had the largest market share, sorry not Tata Power, how much market share did Tata Motors have, brother? More than 80%. Then it fell to 70 , then to 60, then to 50. And the data we are seeing at this time is even more shocking. Friend, the data here is saying that 53% of the total EV sales in the month of June has been contributed by Mahindra and MG. And if we talk about the month of June, the market share of Tata Motors in EV has fallen to 35.8% which is not good news in a way. If we talk in terms of business, for Tata Motors. But it is not that Tata Motors has sold the worst EV. It’s not like that. If you look at the EV sales in the month of June, Tata Motors has sold the maximum number of units. How much in the month of June brother? So 4664 and how much was sold in June last year? 4590 Growth of 2% on year on year basis and 1% growth on month on month basis. But if we talk about Mahindra, its number was quite small last year. Because of this you are seeing a growth of 512%.
Growth Comparison (June YoY):-
And MG’s number was small too. You can’t call him small, you should speak properly to him. We are also seeing a growth of around 167% on year on year basis. So Tata Motors did very good business in the beginning because it was the first to start but now it is facing tough competition from Mahindra as well as MG. These will be the two main competitors for Tata Motors and maybe in the future you will also see the name of Hyundai because this time they have sold 509 EVs which is showing us 78% growth if we look at it on year on year basis. So keep this thing in mind. But ultimately all these things related to EV sales, if seen individually, are Tata Motors’ problem. But when we on month on month basis, which company has performed well on month on month basis. So after seeing the performance of any company you will not say, wow what a performance. The number of K is quite small.
Sector-Wide Slowdown on MoM Basis:-
Because of this we will not see him. Tata Motors saw 1% growth on month-on-month basis , MG saw negative growth, Mahindra saw 5% growth, Hyundai saw 20% negative growth and BYD saw 11% negative growth. Now look, one thing becomes clear from this that if about the entire sector, then there is a problem in the sector. So because of this, all the companies are not able to report good growth on month on month basis. But when we about losing market share, instead of blaming the sector we will blame the company saying that the problem is in the company itself. Tata Motors should take care that their market share does not get diluted and if the market share gets diluted then they might face problems in doing business. Which is already visible in the last one year that the company is struggling in business due to the slowdown in the industry. Now if the company loses its market share, then the situation for the company can get even worse if we look at it from the business perspective.