Mouzam

Market learner | Never Knowingly Misguide | Tweets/RTs ≠ Recommendation | Not SEBI registered | Anyone spreading Misinformation will be BLOCKED.

[Mouzam @mmali09]

@Mohit_JG Best wishes to your and your family🙏

[Mouzam @mmali09]

In 2023, I watched CR7 light up the pitch for Al Nassr in Riyadh.

Yesterday, I finally stood in the Theatre of Dreams🏟️ & watching Utd play truly completed the ⭕️ for me as a lifelong Red🔴. Amazing exp. Hopefully we'll have a good season & UCL finish.

#Unforgettable #ManUtd

[Congruence Advisers @CongruenceA]

Looks like accumulation of building materials stocks by strong hands in anticipation of better numbers in FY26

Pipes & fittings, tiles & sanitaryware

Numbers have been disappointing for 5-6 Q's now

Will FY26 finally turn the corner for these?

[Nigel D'Souza @Nigel__DSouza]

PVC resin price reversal after five months
👉 Positive for plastic pipes players - Astral, Supreme Ind., Price Pipe, Finolex Ind

PVC resin prices hiked!
👍 PVC resin prices +Rs.1.5/Kg in the domestic market on 20th May, 2025
👉 PVC resin prices had been on downward declining from Rs 83 per kg in Nov-24 to Rs 72 per kg by May-25

Why is it Positive?
🤞 Reversal in PVC resin prices, plastic pipe distributors and channel partners are expected to begin restocking, which should benefit P&F players!
👉 Normalization of channel inventory is expected to drive 8–8.5% growth for the industry in FY26

Source: PL Note

@CNBCTV18News @CNBCTV18Live

[Mouzam @mmali09]

Disclaimer - Not a buy/sell recommendation.

Only a high level view of how an entire industry has been suffering for the past few yrs. And everything looks depressed at the moment in a down-cycle.

[Mouzam @mmali09]

5/ Note from HDFC Securities

[Mouzam @mmali09]

9/ 🚀How Mean-Reversion Plays Out:

📉 Currently: Low utilisation, weak margins, depressed ROCE
🔄 Recovery mechanics:
1️⃣ Demand picks up as cycle turns → utilisation⬆️ → operating leverage kicks in (margins🆙)
2️⃣ Higher sales + better pricing → ROCE🚀
3️⃣ Market rerates stocks

[Mouzam @mmali09]

4/
👨‍💼Management Outlook for FY26
📈Potential Growth Drivers

💡The sharp decline in PVC prices led to low channel inventories. With prices stabilising, restocking is expected to drive volume growth in FY26.

[Mouzam @mmali09]

3/ PVC prices back to historical levels after cos. posted bumper inventory gains earlier.

While pipe cos. are suggesting prices bottoming out, resin producer #Epigral says, prices are expected to remain soft in coming qrts due to muted demand.

[Mouzam @mmali09]

2/ Key challenges:

[Mouzam @mmali09]

#PVCPipes witnessed severe downtrend in recent years. Market seems to be turning optimistic about the future now (custom index BO).

The PVC pipes industry saw a ~5-6% de-growth in FY25 due to weak demand, de-stocking, and volatile raw material prices.

High level view👇

1/n🧵

[Mouzam @mmali09]

In case you too are wondering why none of the links are working on @screener_in

[NDTV Profit @NDTVProfitIndia]

#NSE, #BSE restrict website access for individual international users.

For the latest news and updates, visit: https://t.co/by4FF5oyu4

[Mouzam @mmali09]

6/6

You can ask/add more info to the analysis and keep expanding the report as needed e.g. customers, technical aspects, margins, operating leverage, industry outlook, Bull/Base/Bear scenario etc. but need to have some handle on the business to tweak the valuations.

[Mouzam @mmali09]

Report on #CDMO business opp. for #Neuland #Bluejet #Aartipharm #AmiOrganics

Growth triggers, Capex, Mgt. outlook etc.

Impressive insights 🧵

Grok 🙌 great starting point for deep dives

"Its a CRIME to not learn how to use these tools"

≠ Buy/Sell 📞 Edu purpose only

1/6

[Mouzam @mmali09]

5/6
Top 5 risks cont.

**This report is not exhaustive analysis**

This is just to illustrate how a tool can be used. Need to be creative w/ prompts.