– Zen Technologies Ltd. is a pioneer in defence training solutions and anti-drone solutions.
– Zen Technologies recently launched four new products: Hawkeye, Barbarik – URCWS, Prahasta, and Sthir Stab 640.
– The company currently trades at a TTM P/E ratio of more than 89.
– The company boasts of an order book of Rs. 1158 Crores while its FY24 revenues were Rs. 442 Crores.

– Delhivery revolutionized the Indian logistics industry by enabling the Indian e-commerce industry to deliver packages on time, accept payment on delivery, and enable hassle-free returns.
– Delhivery’s IPO price band was Rs. 462 to Rs. 487 (May 2022). And as of March 15th 2024, it is trading for Rs. 436.
– Delhivery’s revenue has grown from Rs. 1,654 Crores as of March 2019 to Rs. 7,926 Crores as of the trailing twelve months, while also turning profitable as of Q3Fy24.
– A new promising initiative from Delhivery is its OS1 business which is a SaaS (Software as a service) software/API.

– Olectra Greentech Ltd. delivered 563 e-buses & 17 e-tippers in FY22-23.
– The company is on track to deliver 700 e-buses and e-tippers in FY23-24
– The company has an order book of 8088 e-buses as per the management conference call held on February 1st, 2024.
– The government of India is pushing for the electrification of the Indian public transport segment (bus) and providing incentives for the same.

– Zen Technologies Ltd. is a pioneer in defence training solutions and anti-drone solutions.
– The company works on an asset-light model where most of the operations are outsourced and high-value functions like R&D, Engineering, Marketing, Sales, and After-Sales Services are kept in-house.
– The company currently trades at a TTM P/E ratio of more than 60.
– The company boasts of an order book of Rs. 1434 Crores while its FY23 revenues were Rs. 219 Crores.

– Manyavar, Mohey, Twamev, Mebaz, and Manthan all cater to different segments of traditional wear shoppers.
– The rising “Middle Class” and the “Rich” category in India is likely to be a long tailwind for Vedant Fashions.
– A possible shift from unorganized to organized players is likely to benefit Vedant Fashions.
– The appeal of a nationally recognized brand, in-trend designs, better customer service & quality, and a coordinated marketing effort should help Vedant Fashions grow into a go-to shopping destination for all things traditionally Indian. 

– Zomato delivered on its target of being adjusted EBITDA break-even for its business excluding quick commerce.
– Zomato has announced that they are targeting to get to positive adjusted EBITDA & PAT on a consolidated basis (including quick commerce) within the next four quarters.
– In this article, I will look at Zomato’s three businesses individually and see how they did against my expectations from my previous article (https://www.thryvv.in/article/zomato-is-there-enough-juice-left-at-current-valuation/).
– In the end, I value Zomato based on the sum of the three businesses.

– Infobeans is a small cap IT company that provides digital transformation and product engineering services.
– For the last five years, Infobeans has grown revenue and PAT at a CAGR of 28% and 33% respectively.
– However, the recent revenue growth has come at the cost of deteriorating operating and PAT margins.

– Gold & equity relation.
– Hedge your investment against a black swan event.
– Gold to reduce drawdown in the portfolio.

– While most users are aware of the restaurant food delivery business of Zomato, the other two Zomato businesses namely Hyperpure & Blinkit are also worth taking a look at.
– I introduce the three businesses of Zomato and try to value them individually as separate businesses.
– In the end, I value Zomato based on the sum of the three businesses and compare it to three global competitors.

– Route Mobile is a leading global CPaaS player.
– Route Mobile has demonstrated revenue CAGR of almost 32% over the last five years.
– As per a research report by Juniper Research, the global CPaaS market is expected to grow at a CAGR of 31% between 2021 and 2026.