Nimit Khamesra

CA | ex-Goldman, KPMG & 🏏 | punctual | minimalist mostly | free consultation for young founders | personal finance | foodie | retweet not endorsement

[Nimit Khamesra @Nimitkhamesra]

@manoj_216 *PPF

[Nimit Khamesra @Nimitkhamesra]

@manoj_216 NPS is the future hence EPF limit is 1.5L

[Nimit Khamesra @Nimitkhamesra]

@safiranand Try Udaipur in Rajasthan near Raita/ Alsigadh. Still very close to nature and about 35 Kms from the city. Check it out on maps

[Nimit Khamesra @Nimitkhamesra]

@raghavwadhwa Marksans has a plant in US which produces a portion of the drugs it sells in US dig a little deeper and you will get the actual export percentage

[Nimit Khamesra @Nimitkhamesra]

@devinamehra @Ajay_Bagga Dyeing your hair is the issue?

[Meet Shah @MeetshahV]

No one dies virgin in stock market.

[Nimit Khamesra @Nimitkhamesra]

@GabbbarSingh Premium fast dinner 😁

[Kaitlan Collins @kaitlancollins]

I asked Peter Navarro why the admin is doubling tariffs on India for buying Russian oil when China buys more than they do but hasn’t been punished for it.

[Nimit Khamesra @Nimitkhamesra]

@moronhumor He is absolutely bang on we were fucking both..

[Nimit Khamesra @Nimitkhamesra]

Garden mai ghoomne wala captain #INDvsENG #shubhmangill

[Nimit Khamesra @Nimitkhamesra]

@varinder_bansal Who are the other half not cancelling. We have to reach out to them...

[Ministry of Defence, Government of India @SpokespersonMoD]

Watch LIVE:
Media Briefing on #OpSINDOOR by DGMO & senior officers from the Indian Navy and Indian Air Force at National Media Centre. https://t.co/iK4Smpx2A5

[Nimit Khamesra @Nimitkhamesra]

@GabbbarSingh GST also. Punish them once and for all.

[Nimit Khamesra @Nimitkhamesra]

@sahilbhadviya Mapmyindia

[Mangalam Maloo @blitzkreigm]

ITC Q3FY25: Quick Thoughts
- Co reports results Ex-Hotel Biz
- PAT by 528 Cr exceptional gain
- Announces 2 acquisitions: Meatigo & Prasuma

What’s Good
🚬5-6% Cigarette Volume Growth vs Expected 3-4%

What’s Not
🍪FMCG revenue growth at 4% vs expected 5-7%
🍪FMCG Margins -240 Bps at 5.9%

Other Segments
🌽Agri Revenue +10% vs expect 15-20% growth
🌽Agri Margins at 12.3% vs 11.1%
📜Paper Biz Revenue +3%, EBIT -31% YoY

Reported Results YoY
Revenue +8.6% at 17053 Cr
EBITDA +1.6% at 5828.4 Cr
Margins at 34.2% vs 36.6%
PAT at 5638 Cr vs 5572 Cr

💰Exceptional Gain of 528 Cr on acquisition of HLV shares from a wholly owned subsidiary

🏨Hotels: Demerged Entity
- Growth of 14.6% YoY in Revenue vs expected 12-15% growth
- EBITDA margin expands 450 bps YoY
- Retail, Wedding and F&B segments drive growth

Mgmnt Commentary
- Muted FMCG Demand conditions
- Severe inflationary pressures witnessed in prices of edible oil, wheat, maida, potato, cocoa, packaging inputs etc

Acquisition
- Co to Acquire “Ample Foods Pvt Ltd” and “Meat and Spice Pvt Ltd”
- Companies engaged in selling frozen, ready to cook snacks
- Cos sell under brands: Meatigo & Prasuma
- Combined FY24 revenue of acquired entities at 131 Cr
- Co to first invest 131 Cr for 43.8% stake,
- To buy further 18.7% for 56 Cr in Apr 2027
- To buy final tranche by Jun 30th 2028

Dividend
- ITC announced 6.5/sh as interim dividend

Valuation Check
- Stock ex-hotels biz, trades at around 25X FY26e
- Consumption focused Budget with no increased Tax o Tobacco, key positive
- All eyes on GST Council meet, if they decide to increase rates there.

@ITCCorpCom #ITC #StockMarket #FMCGisLife @CNBCTV18Live

[Nimit Khamesra @Nimitkhamesra]

@blitzkreigm Good summary thx.

[Nimit Khamesra @Nimitkhamesra]

@blitzkreigm Right time for all HRs to run this survey in their own organisation. I swear the answers will be much different now.

[Nimit Khamesra @Nimitkhamesra]

@dmuthuk Land and gold is undervalued in this I am guessing as they are part of the unorganised or cash sector/ economy. The rich maybe even richer.

[Nimit Khamesra @Nimitkhamesra]

@myvaluepicks Shit happened...

[Amit Kumar Gupta @amitgupta0310]

Thematic funds 79k crore
Smallcap funds 39k crore

The more the things change, the more they remain the same. Maximum flows come in at the top of the market seeing the past returns and then go through the downcycle to exit at cost!