Ishan Agarwal

Full time Investor, Iced Tea & Dark Chocolate Lover, Chess & Poker Enthusiast, Runner & Reader, Curious Student of Asset Cycles

[Ishan Agarwal @ishanagarwal_89]

@share_buyback Last Year AR was 100% in both Retail and General Category and not 71% in Retail

[Ishan Agarwal @ishanagarwal_89]

@Tanmay_31_ If you have ever done or analyzed businessess, when a company scales up production and sales, inventory and production also tend to go up and then sales catch up. Simple Business understanding

[Ishan Agarwal @ishanagarwal_89]

@Tanmay_31_ Brother, I think you should start doing simple maths. I never mentioned PAT for FY25 will be higher by 11 crs due to interest savings. EPS in Q4FY25 will not have any interest outgo which will bump up annulaized earnings. Please read carefully

[Ishan Agarwal @ishanagarwal_89]

@Tanmay_31_ Also,
Management has guided for capacity utilisation of 45% for FY25 as compared to 30% for FY24 which means sales could be much much higher than what you have projected for FY25. Sales can rise by 35-50% in FY25 along with interest savings of 11.5 crs.

[Ishan Agarwal @ishanagarwal_89]

@Tanmay_31_ Hi Tanmay,
Around 85 crs will be used for debt repayment which will save around 11.5 crs of interest outgo directly flowing into P&L. Company posted PAT of 26 crs in FY24 which if adjusted for interest would be 34-35cr. So PAT will be higher by atleast 37% due to loan repayment

[Ishan Agarwal @ishanagarwal_89]

@adeshjainj 2 questions:
1. What was the logic of going for both Manglam and Chetana?
2. Do you apply with Minor's PAN?

[Ishan Agarwal @ishanagarwal_89]

@adeshjainj Hi Aadesh,
Nice Space to start with. 2 questions:
1. Websites to track BoA docs apart from chittorgarh?
2. Do you apply same qty of lots from all accounts in SME IPO?

[Ishan Agarwal @ishanagarwal_89]

@sahil_vi My sense is that you may see that by exit of Q4FY24

[Ishan Agarwal @ishanagarwal_89]

@kothariabhishek @IDFCFIRSTBank Also Worth tweeting:
1.Highest QoQ PPoP increase in entire banking sector
2.Highest Retail loan growth of 10% QoQ
3.Highest QoQ CASA growth in the industry
4.Lowest ever credit cost of 91bps this Q
5.RoE almost touching 10%
6. Credit cost for the year to be in 90-110bps range

[Ishan Agarwal @ishanagarwal_89]

@sahil_vi @kothariabhishek @IDFCFIRSTBank A lot of people like blabbering without looking for details or reasons. Instead of looking at the positive aspects of highest ever PPoP, lowest ever credit cost(of less than 95 bps), ROE hitting 9% from 3%(3 Qs back), some biased individuals find some trivial data to tweet

[Ishan Agarwal @ishanagarwal_89]

@kothariabhishek @IDFCFIRSTBank The trajectory of the bank's PPoP is clear since the last 4 Qs.They are still at 73% C/I (down from 80% 3 Qs back) and guiding for 55% in the next 2 years. Operating leverage playing out quite strongly. Quite confident that the bank will rerate to 3-4 times book in 2 years

[Ishan Agarwal @ishanagarwal_89]

@kothariabhishek @IDFCFIRSTBank Hi Abhishek,
Management on the concall said that there is a lag in passing on the rate increases on small duration loans and from Q2 onwards NIMs will again be on an upward trajectory above 6%. My suggestion-please listen to concalls instead of seeking answers here

[Ishan Agarwal @ishanagarwal_89]

@UnapologeticNa1 @KFintech2019 @PayUindia @RBI @SEBI_India @FinMinIndia @KFintech2019. Even I am facing the same issue. Uploaded the duly signed form but unable to proceed for payment. Please resolve this at the earliest. @SEBI_India

[Kelvestor @kelvestor]

Companies that offer the best returns are: 1) initially it doesn’t screen well because 2) it’s in investment phase where SGA is high and unit economics are not disclose. Usually, 3) there is no earnings call so it’s hard to understand what they do and ....

[Ishan Agarwal @ishanagarwal_89]

@goairlinesindia This is a new kind of fraud where credit shells of customers are auto booked to random dates so that no refund or actual travel can take place. This isn't expected of a corporate like @goairlinesindia.
@CNBCTV18Live @DGCAIndia @BloombergQuint

[Ishan Agarwal @ishanagarwal_89]

@goairlinesindia @goairlinesindia . Please check the DM and resolve this issue. I am totally amazed at the audacity of fraudently auto booking PNR credit shells. @DGCAIndia @HardeepSPuri please look into this fraud.

[Ishan Agarwal @ishanagarwal_89]

@goairlinesindia Have sent the details of PNR, Mobile and email on DM.

[Ishan Agarwal @ishanagarwal_89]

@nsfidai A bottomline will be formed when reported bottomline of most companies goes below zero

[Ishan Agarwal @ishanagarwal_89]

@contrarianEPS RIL Bhai, RIL Bhai, utho, fiscal stimulus Aaya hai.

RIL: Apna stimulus toh Mukesh Bhai 2 hafta pehle hi de chuke

[Ishan Agarwal @ishanagarwal_89]

@gshah26 #AskGS Can you please name the author? There are multiple books by this name. Thanks.