Katta Deekshitha

[Katta Deekshitha @DeekshithaKatta]

@Nigel__DSouza -(-

[Katta Deekshitha @DeekshithaKatta]

@Chart_Wallah108 Since post 9% fall.. what is your take sir?

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [13-03-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 793 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 1,724 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [12-03-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 1,628 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 1,510 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [11-03-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 2,824 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 2,002 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [10-03-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 485 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 264 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Deekshitha @Harishkatt25]

#coforge #IT

✨Coforge✅ recently made notable announcements:

🔖A 13-year partnership contract deal win with U.S based Sabre Corporation of $1.56Bn.
This collaboration focuses on AI-driven product innovation and enhanced customer outcomes.
Sabre's own numbers: $1.5 bn Mcap, Loss making, Negative networth(-$4/share), Around $5 bn Debt.

🔖Stock split in the ratio of 1:5.

🔖Acquisition of U.S based data and cloud engineering firm Rythmos for $48.7mn.

🔖Acquisition of Australia-based ‘ServiceNow’
implementation firm TMLabs for AUD 20mn (~$12.5mn).

👉The company suggested that this is a new deal, that represents an 8% growth over FY25 revenue for Coforge and will thus drive consensus upgrades.

👉Over the past 1 month, Coforge has corrected by ~18%, along with broad market correction.

👉5 Acquisitions within a year (Cigniti, Opt ML, Xceltrait, and now Rythmos and TMLabs) and large deal wins showcase that the company will pursue an aggressive growth strategy and lead industry growth.

👉Coforge is well placed to meet its $2bn target by FY’27E.

👉Coforge has posted good results in Q3FY25.

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [06-03-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 2,377 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 1,618 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [05-03-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 2,895 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 3,371 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [04-03-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 3,406 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 4,851 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [03-03-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 4,788 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 8,791 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [28-02-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 11,639 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 12,309 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [25-02-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 3,529 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 3,031 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [19-02-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 1,881 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 1,958 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [18-02-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII BUY NET INR 4,787 CR 🙂 OF INDIA SHARES.

💠 DII BUY NET INR 3,702 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [17-02-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 3,938 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 4,760 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [14-02-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 4,295 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 4,364 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [13-02-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 2,790 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 2,935 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Katta Deekshitha @DeekshithaKatta]

#stockmarketindia

🔖Today's [12-02-2025]

✨ FII & DII ACTIVITY DATA ✨

💠 FII SELL NET INR 4,969 CR 🙁 OF INDIA SHARES.

💠 DII BUY NET INR 5,929 CR 🙂 OF INDIA SHARES.

@Harishkatt25

[Deekshitha @Harishkatt25]

#ajaxengineering

✨✨ AJAX ENGINEERING LTD IPO ✨✨

Final verdict: Apply for Small listing gains and long term.

🏢COMPANY OVERVIEW:

💠Ajax Engineering Limited manufactures a wide range of concrete equipment and services across the value chain.

💠The company has developed 141 concrete equipment variants for the value chain and sold over 29,800 units in India in the last ten years.

💠Product portfolio:
🔸Self-loading concrete mixers
🔹Batching plants
🔸Transit mixers
🔹Boom pumps
🔸Concrete pumps
🔹Self-propelled boom pumps
🔸Slipform pavers
🔹3D concrete printers

🌱STRENGTHS/OPPORTUNITIES:

💠India's largest Self Loading Concrete Mixer (SLCM) manufacturer and supplier with 77% market share in India and one of the largest SLCM suppliers globally.

💠The company has 51 dealerships across 23 states in India, providing 114 touchpoints, including 51 headquarters and 63 branches, 34 of which also serve as service centers.

💠The company has established 25 dealers and distributors across South and Southeast Asia, the Middle East, and Africa.

💠Strong in-house design, development and engineering capabilities.

💠Technology-led assembly and manufacturing processes and robust supplier network.

💠Experienced management team supported by qualified and experienced personnel.

💠The company has served 17,000 customers and sold 28,000+ machines. Ajax has the biggest Dealer Network in India for the SLCM category.

💠The company has four manufacturing facilities in Karnataka, located at Obadenahalli, Gowribidanur, and Bashettihalli.

💠The company has Solid financials, Top and Bottom line are growing, company is completely Debt free in H1FY25, making it financially strong.

💠Ajax has Solid Cashflows, OCF to EBITDA is 70% hence the company generates solid Cash every year and it doesn't need any debt or external funding for Capacity Expansion in future.

💠Management is confident for 18-20% CAGR Revenue Growth for next 5 years with 15-16% EBITDA Margin expectations.

⚠️WEAKNESS/THREATS:

💠No Fresh Capital Infusion, Since the IPO is an 100% Offer for Sale ( OFS ), no funds will be utilized for business expansion.

💠High Dependency on a single product 85.13% of revenue comes from the SLCM category.

💠94% of revenue comes from Domestic sales.

💠All manufacturing facilities are located in Karnataka.

💠The company's operations are seasonal, and fluctuations in sales during certain periods could impact financial results.

💠Variations in raw material costs and potential supply disruptions could affect profitability.

💠51.77% of total revenue comes from just 10 dealers.

💠Two key assembly/manufacturing facility leases have expired, company has applied for ownership but faces uncertainty.

📑FINANCIAL INFORMATION:

🔹FY22
Rev : 772 Cr
PAT : 66 Cr

🔸FY23
Rev : 1151 Cr
PAT : 136 Cr

🔹FY24
Rev : 1741.4 Cr
PAT : 225.1 Cr

🔸H1 FY25
Rev : 770 Cr
PAT : 101 Cr

🔹ROE:24.53%
🔸ROCE: 32.82%
🔹D/E:0.01
🔸RoNW:19.39%
🔹PAT Margin:12.65
🔸P/BV:7.84
🔹P/E: 35
🔸MCap: 7196 Cr

🤼PEER COMPARISON:
Ajax's listed peers and their PE ratios:

🔹ACE: 40.5
🔸BEML:50.1
🔹Escorts Kubota:32.5

🔖Cement & Concrete Penetration is very low in India and Demand is expected to Grow up due to Infrastructure Growth in our country.

🔖The Automation of the concrete space is still at very initial stages, the segment has started showing initial growth trends Post Covid.

🔖The company is a market leader in concrete equipment, especially Self-Loading Concrete Mixers, and is debt-free. However, it heavily depends on SLCM sales and its dealer network.

🚨 Disclaimer : There is no recommendation to buy or sell, analysis provided above is just for educational purposes only.