Anand Parekar

My Dear Community Members,

Thought to share a major update on personal front - I was blessed with a baby girl nearly a month ago.

It's an amazing feeling and equally great responsibility. Staying around her when needed the most, I can't think of missing this phase of parenting journey..

I know you may have wondered and few even pinged me for recent absence here and missing analysis videos covering Q1FY27 results, but I am sure you understand.

However, I'll try to cover result analysis through short videos and when possible through posts and share my thoughts around numbers in the upcoming weeks.

Stay Strong, Stay Wiser!

#q1fy27 #results #update #analsysis

4 days ago (edited) | [YT] | 8

Anand Parekar

The water shortage and scarcity necessitates recycling more than ever.

Companies are getting good orders and could turn out to be big theme in coming months and years

Positive on EIEL and VA Tech Wabag, in that order

EIEL already has strong orders in hand can deliver this time on numbers - high probability

Market slowly bridging on valuation gap

#eiel # vatechwabag #water #recycling #q1fy27

3 weeks ago (edited) | [YT] | 4

Anand Parekar

There are days in the market you cant afford to be uninvested or will regret also if not fully invested.

Today is one such kind of a day!

If you recall i had talked about this in short video nearly a month ago - Markets will ignore expected depression in Q1FY27 numbers if we have resolution in sight for middle east tensions before result season starts

That's how markets behave - Always forward looking because now at least companies will look forward to growth and second half can see stronger execution.

Hope this is FINAL end of Middle east crisis.

youtube.com/shorts/f9Xg8IzuuK...

#q1fy27 #markets #equity #growthstocks #middeleasttension #war

1 month ago (edited) | [YT] | 1

Anand Parekar

Listened to concall of Cartrade Tech and commentary sounds very comforting assuring for upcoming years

1. Confidence around AI Adoption
2. New monetization schemes
3. Cost control leading to further margin Expansion
4. Very strong Cash position ~1250 Cr. generating 300 Cr per year
5. 4x PAT in next 4 years

Stay tuned for Small video capturing highlights

#cartrade #q4fy26 #platform #autoindustry #aiimpact

1 month ago (edited) | [YT] | 4

Anand Parekar

Listened to concall of Cartrade Tech and commentary sounds very comforting assuring for upcoming years

1. Confidence around AI Adoption
2. New monetization schemes
3. Cost control leading to further margin Expansion
4. Very strong Cash position ~1250 Cr

Stay tuned for Small video capturing highlights

#cartrade #q4fy26 #platform #autoindustry #aiimpact

1 month ago | [YT] | 2

Anand Parekar

I wish this company did regular concalls...

Timex Group India posted fabulous set of numbers in a quarter that typically is not the strongest for them, Q2/ Q3 are generally big for timex with gifting and festival period demand.
FY26 is their best and highest ever year since being in the market for so long.

The filip actually came post covid when everyone grew conciuos of their lives and YOLO sentiments gave boost to aspirational consumption.
Timex positioned themselves well, selling high end branded and licensed watches like Guess, Versace etc. product mix got better, margins improved.

Q4FY26:
Rev: +73%, EBITDA: +167%, EBITDA%: +600 bps

FY26:
Rev: +48%, EBITDA%: 14.5%, +570 bps

They recently doubled manufacturing capacity with addional shift in baddi , Himachal plant

More details soon in short video.

Stay Tuned!

1 month ago (edited) | [YT] | 11

Anand Parekar

Manorama is no more just a new kid on the block. It continues to maintain legacy of high growth trajectory.
This quarter and FY26 again has delivered robust numbers

Q4FY26:
Rev: +64%, EBITDA: +61%, PAT: +41%, EBITDA%: 26.9% (-54 bps), PAT%: 15.6% (-259 bps)

FY26:

Rev: +76%, EBITDA: +92.5%, PAT: +108%, EBITDA%: 27.1% (+230 bps), PAT% 17.2% (+264 bps)

PAT growth is bit slower.. feels bad to call 40% growth bit slower but that's the kind of expectation with go in with Manorama isn't it?

Looking at details - cost of goods has spiked in Q4 impacting gross margins thus effect flowing down to EBITDA % and PAT%

Concall can throw more light on developments. but after raising guidance twice in FY26 they have even surpassed that delivering 76% yoy revenue growth, which is awesome!

More capex is on cards so more room fro growth

May Manorama keep doing good stuff it does..

#q4fy26 #manoramaindustries #highgrowth #fmcg #confectionary

2 months ago (edited) | [YT] | 11

Anand Parekar

Slightly longer post, but be patient while reading!

That was the exact message I shared exactly 15 days ago that everyone is talking about today - "Don't get carried away" looking at Q4FY 26 results

Watch this - youtube.com/shorts/VSXnlQnfi2...

- War pressure wasn't felt much in Q4, probably only in just last 3 weeks of march, which will obviously be a different situation in Q1
=> Higher energy prices
=> Delayed or less fuel/gas supply
=> Other raw material price inflation
=> Lower demand due to job cuts/ poor job market sentiment
=> Lower price inventory now already over/consumed
=> Pressure on Rupee resulting in expensive imports
=> Softer and delayed Monsoon expectation

This will hit probably all the businesses in some way or other immediately or with delay and directly or indirectly.

So, don't get gung ho looking at Q4 results, that's driving a car looking in the rear view mirror.

Not to forget - businesses closer to vulnerable strata - tier 2/3/4 could be even more impacted with energy crisis - If you listen to news emerging from rural/ semi urban areas - diesel/ petrol availability is a big challenge, LPG situation is neither great.

e.g. farmers who get farm harvested using rented tractor/ machines aren't getting diesel, labor costs have also surged. This is ground reality. Many have moved back to coal, firewood.

So, MFI upturn which we are witnessing currently on back of improving profitability after long period could get hit again and their good times could end abruptly.

Don't be even surprised if companies reduce their guidance, lower down growth/ margin forecast or reduce or delay capex plans - all this will mean slowdown and that's not going to be liked by market.

Already DCB, KVB bank, SBFC have toned down investor expectation with cautionary stance - just an example.

Doesn't mean companies wont find ways to navigate around this situation but wont even be able to stay 100% isolated from impact.

So, analyze whatever stocks you have in your portfolio from a above scenario lens and then decide pace of capital deployment.

Go Slow!

#q4fy26 #middleeast #war #crude #highenergyprices #modi #gold

2 months ago (edited) | [YT] | 3

Anand Parekar

Market taking cognizance of RR kabels result and suddenly realizing why the hell were we giving lower valuation to RR kabel ?

RR Kabel's re-rating is result of better performace and it now is standing next to the likes of KEI amd Polycab and not behind them, which was the case in the past.

And that's the beauty of the market.

When company keeps delivering and promises to do so in future, market has to take note of it some day especially when it's products are selling like hot cake.

#rrkabel #polycab #kei #q4fy26 #wireandcable #rerating

2 months ago (edited) | [YT] | 3

Anand Parekar

Q4FY26: So all top three companies in the affordable housing space have posted numbers and India Shelter officially continues to lead affordable segment

India Shelter:
AUM: +29%, GNPA: 1.2%, NNPA: 0.9%, PAT: +27%, ROE: 17.6%, Credit Cost: 0.3%

Home First:
AUM: +24.9%, GNPA: 1.8%, NNPA: 1.4%, PAT: +41.4%, ROE: 14%, Credit Cost: 0.4%

Aptus Value Housing:
AUM: +21%, GNPA: 1.5%, NNPA: 1.2%, PAT: +26%, ROE: 21.2%, Credit Cost: 0.5%

#indiashelter #homefirstfinance #aqptuvaluehousing #q4fy26 #growthstocks

2 months ago (edited) | [YT] | 4