Tata Capital is coming up with an IPO. Here are some things to note- 1) NBFCs have historically created wealth when they are specialised and leaders in one segment and then diversify into new segments. Eg- vehicle loans for chola/Shriram/Sundaram, Gold for Muthoot, Personal

Canara Bank- The Silent Winner 🏦 Part 3(Conclusion) - This is the final part and conclusion of the 3 post series on Canara Robeco and Canara HSBC. While both upcoming IPOs — Canara Robeco AMC and Canara HSBC Life — look decent individually, the ultimate winner will likely be

Lessons from Tips Music 🎵 Growth has clearly slowed down for Tips Music, and the stock saw heavy selling yesterday. In hindsight, here are some key learnings 👇 1) Valuation Caution: When the P/E multiple hit ~80× last year, it was a clear sign to tighten exits. Such high

Part 2- Canara HSBC Life Insurance Company In the Part 1, we discussed about Canara Robeco AMC IPO. You may access it here- https://t.co/zCjrV8TCYi Now Coming to the second IPO from Canara Group- Canara HSBC Life Insurance - Canara HSBC Life is a joint venture between Canara

Canara Bank -The Silent Winner 🏦 Both Canara Robeco AMC and Canara HSBC Life IPOs look fundamentally descent, with valuations being the major attraction for investors. However, the biggest winner from both these listings may not be the IPO subscribers — it’s #canarabank and

Do share and give a follow for more such content #BLS #BLSInternational

🔹 The MEA Issue MEA’s 2-year ban only restricts BLS from future Indian tenders. Existing contracts continue unaffected. The company has termed the issue as procedural, not operational, and is already in dialogue with the ministry. This impacts roughly 11–12% of revenue, not

🔹 Financials Snapshot Revenue CAGR (FY22–25): 37% EBITDA CAGR: 81% ROCE: 22% | ROE: 31% TTM PE: ~25× Net Cash: ₹1,000 crore+ VFS Global Valuation-50000 Crores; BLS Marketcap-13000 crores Key Investors: Sixteenth Street, Nomura, LIC 🔹 Strengths Asset-light & negative working

Speed Breaker Investing What happened with #BLS International yesterday is a textbook case of a high-growth company hitting a regulatory wall. The Ministry of External Affairs (MEA) has banned BLS from participating in new tenders for 2 years — and the market may not take it

Hospital sector outlook — steady compounding to continue Outlook for next 3 years (FY25–28 EPS CAGR | FY28 EV/EBITDA | FY28 ROE): Aster DM: 41% | 18x | 20% Artemis: 37% | 9x | 18% Yatharth: 27% | 13x | 13% Max Healthcare: 27% | 23x | 19% Rainbow Children’s: 24% | 17x | 20%

#LGElectronics India is coming up with an IPO. Here are my key takes on it-   1)      Company has 2 divisions- Home Appliances (75% Revenue; Washing Machine/AC/Fridge etc) and Home Entertainment (25% Revenue; TV and Audio devices) Here is the Revenue breakup of the company- ·

2 key things that come to mind after looking at charts of #Silver are- 1) It seems to be forming a classical Cup and Handle pattern on a long time frame 2) Longer the Base, Higher the Top Lets see how things pan out from here. Already up a lot in last year. Here are 3 best ETF

@EquityInsightss Some companies worth studying in each of these segments, Hope they all continue their growth…. ~Value & Jewelry Retailers- Png gadgil, Thangamayil in Jewellery;most companies in value retail have rerate,still can look at vmart ~Travel & Tourism (Hotels)- Samhi, Lemon tree

Do go through an earlier thread on #Sammaan Capital written by me. Do reporst and follow if you want more such posts. #StockMarkets #SAMMAANCAP https://t.co/yUjcjCXr8A

6) Where is the provision buffer of a Bank/Nbfc kept in general? What happens if actual default is less than that for which provisions were kept? Provisions in Banks/NBFCs –Where they sit: First booked as an expense in the P&L, reducing profit. • Then shown on the Balance

5) How can the management predict that the credit cost will be stable around 100 bps? All banks and nbfcs do this. Why Sammaan’s Credit Cost Guidance (~100 bps) is Credible- • Portfolio quality is strong: Retail mortgage book has very low overdue levels (PAR), so new NPAs

4) Sammaan capital has said that they have provisions+ recoveries that together cover 8000 crores against the 23-24k crore legacy book, What does it mean? And how will 8000 crore cover 23-24k crore of legacy book? Sammaan Capital – Legacy Book • Size today: The old

3) How is write off done by the company? Is write off always done via provisions? How Write-Offs Work (Explained Simply with Sammaan Capital’s Case) What is a write-off? • Imagine that the nbfc lends money to a builder, but the project failed and the builder can’t repay. •

2) How much of the loans have been run down and out of that how much was write off and how much was recovered? • In FY19, Sammaan’s wholesale/real-estate loan book was about ₹1.2 lakh crore. • By Q1FY26, it has reduced to ₹23,481 crore → a shrinkage of ~₹96,500 crore.

Long Post alert- Here is a explaination on how Nbfc/Banks “Run Down” their legacy Books through the example of #SAMMAANCAP ( Sammaan Capital). It would be helpful in understanding legacy loans run-down of similar nbfcs like Edelweiss, JM Financial, Piramal finance. 1) To begin