Snapshots That Wow!

Bhav Bhagwan Che!

Topline growth in India has been anaemic for a while now. Margin expansion from FY23 lows, kept the profit growth buoyant in FY24, however there is no more place to hide- neither in rising margins, nor in rising stock prices!

Are we only speaking of a slowdown now because stock prices have compelled us to do so?

Source: Kotak IE

A pipe dream!

Only 40% of the rural households in India currently have access to piped drinking water supply. Majority of rural households still rely on hand pumps/ tube wells for their daily drinking water requirements.

Source: Data for India

The tight, hence bright spot!

Even as sales and launches slowed down from the 2022, 2023 clip, inventory liquidation has maintained pace in real estate as is seen by the launched area minus area sold numbers in H1 FY25. This is perhaps why prices have held up so well for real estate across the board.

Source: Kotak IE

Socho toh lambi socho!

Perhaps a medal for candour is in order for the management of this company who have explicitly stated, “if market volatility causes concerns, then Sasta Sundar’s long term focus might not be the ideal fit for your portfolio.”

Source: Company Annual Report Filing

No one knows anything!

SPX500 is now trading at a 24% premium to the average year end target given out by all banks/ research houses at the start of the year. No further comments are required.

No further comments are required.

Source: Charlie Bilello

Some things in life take time, for everything else there’s QC!

Tip of the hat to the copy-writers of this ad!