Daily Archives: May 27, 2019

Recent Updates

CCI imposes Rs 74 cr fine on Alkem Labs

IPO momentum: Dr Lal PathLabs, Alkem big hits in the grey market

Overview

Alkem Labs is a pharmaceutical company which is involved in the development, manufacture and sale of pharmaceutical and neutraceutical products. It was incorporated in 1973 and is based in Maharashtra, India. The pharmaceutical major produces branded generics, generic drugs, active pharmaceutical ingredients and neutraceuticals, which they market in India and 55 other countries internationally, primarily the United States.

It has a diverse portfolio of over 736 brands in India. Company’s most significant therapeutic areas in domestic market are anti-infectives, gastro-intestinal, pain and analgesics, and vitamins, minerals and nutrients.

The Company has 16 manufacturing facilities out of which 14 manufacturing facilities are based in India while two in the United States. Out of 14 Indian units two are R&D facilities whereas both the facilities in the US are R&D. The firm employs a total of 483 scientists in the R&D field. Five of its facilities are USFDA, TGA and UK-MHRA approved. Of the Indian manufacturing facilities, 12 are for manufacturing formulations and two for manufacturing APIs.

As of FY 15, Alkem Labs stands as fifth largest pharmaceutical company in India in terms of domestic sales. In the United States, company has filed 66 abbreviated new drug applications.

It has invested Rs 150-200 Crs for expansion in US facility and in the domestic market. About 75% of its revenue comes from domestic market and remaining 25% from international business with a about 3.6% market share. It currently has a cash of Rs 1500 Crs in its books

Promoters

Mr. Samprada Singh
Mr. Basudeo N. Singh

Consolidated Financial Trend ~ Amt in Rs Crs

IT Consulting & Software

FV – Rs 10; 52wks H/L –10.31/2.18 ; TTQ – 12.47 Lacs ; CMP – Rs 4.13 (As On October 8th 2015; 13:40) ;  Market Cap – Rs 252 Crs

Consolidated Financials and Valuations for FY15 (Amt in Rs Crs unless specified)

Standalone Financials and Valuations for Q1 FY16

 Consolidated Financial Trends (In Rs. Crs) :

Logistics

FV – Rs 2; 52wks H/L –396/256.15; TTQ – 24 K; CMP – Rs 380(As On November 24th 2015; 15:30) ; Market Cap – Rs 4806 Crs

Consolidated Financials and Valuations for FY15 (Amt in Rs Crs unless specified)

Consolidated Financials and Valuations for Q1 FY16

On 6^th November, 2015 the company declared a bonus issue of 1:1 on a FV of Rs.2 per share.

Overview

Allcargo Logistics Limited (Allcargo) is engaged in providing integrated logistics solutions. Allcargo offers logistics services across multimodal transport operations, inland container depot, container freight station operations, third party logistics operations and project and engineering solutions. The Company has three segments: Multimodal Transport Operations, which involves non vessel owning common carrier operations related to less than container load consolidation and full container load forwarding activities; Container Freight Stations Operations / Inland Container Depot, which is involved in import / export cargo stuffing, de-stuffing, customs clearance and other related ancillary services, and Project & Engineering Solutions, which provides integrated end-to-end project, engineering and logistic services through a fleet of owned / rented special equipment to carry over dimensional cargo (ODC) and overweight cargo (OWC) cargos, as well as project engineering solutions.

Management

• Shashi Kiran Shetty – CMD
• Jatin Choksi – CFO

The Equity Capital is @ Rs 25.24  Crs consisting of 126047762 equity Shares of FV Rs 2 currently held as under

None Of the Promoter’s Holding is Pledged.

Major Non-Promoter Holdings

 Consolidated Financial Trends (In Rs. Crs) 

Oil Equipment & Services

FV – Rs 10; 52wks H/L –268/647.05 ; TTQ – 14 K; CMP – Rs 530(As On October 8th 2015; 13:10) ; Market Cap – Rs 44.5 Crs

Consolidated Financials and Valuations for FY15 (Amt in Rs Crs unless specified)

*Virtually Debt Free

Standalone Financials and Valuations for Q1 FY16

 Key Updates

• The company will decide and approve, issue of Shares or Warrants on preferential basis Promoters and Promoter Group and Persons other than Promoters in a meeting held on 13^th October, 2015.
• The Government is expected to invite bids for seismic survey activities in 26 sedimentary basins in India, covering about 48,000 line km (2D survey) to be conducted between 2015-16 and 2018-19.
• Every USD10 per barrel fall in oil price can enhance India’s GDP growth by around 0.15%, lowers WPI by around 0.5% and CPI by about 0.2% and further improves India’s current account balance by around USD 9 billion – 0.5% of GDP.
• The Prime Minister set a goal of reducing India’s dependence on imports from 77% of its ‘energy’ requirement by 10% by 2022, and by 50% by 2030 keeping India’s hunt for oil expected to accelerate.
• NELP- X xpected in the current year wherein government will offer 42 oil blocks to successful bidders.
• By 2035, the world’s population is projected to reach 8.7 billion, which means an additional 1.6 billion people will need energy.

 Overview

Alphageo (India) Limited is the largest onshore integrated seismic service provider in the private sector and enjoys a market leadership in seismic survey. Alphageo was incorporated in 1987 to offer seismic and other related services to the rapidly growing oil exploration and production sector. The Company’s globally-benchmarked competence comprises acquisition, processing and interpretation of seismic data for oil exploration. In the business of seismic services, Alphageo’s competitive strengths comprise deep insight into challenging terrains and diverse topographies environmental sensitivity, technology leadership, highly skilled manpower and state of the art equipment. The company possesses indepth expertise in operating with globally accepted technologies for seismic survey, namely 2D, 3D and Seis-loop technologies. Alphageo was the first seismic service provider in India to conduct night operations in urban Thiruvarur to minimise public inconvenience.     

Bulk Deals

Management

• Dinesh Alla – CMD
• Venkatesa Pasumarthy – CFO

The Equity Capital is @ Rs 5.64  Crs consisting of 5634767 equity Shares of FV Rs 10 currently held as under

4.98% Of the Promoter’s Holding is Pledged.

Major Non-Promoter Holdings

Consolidated Financial Trends (In Rs. Crs)

Risks

• Lack of orders could adversely impact business growth.
• Competition in the seismic survey space is increasing as India is fast inviting global players.
• Timely project completion against all odds is critical for business growth.
• India, the second most populous nation is suffering from a shortage of skilled people.
• Government Dependency and Interference.
• Forex Fluctuations and largely dependent on the crude oil prices.