Preeti Kapoor

  My WOW Factor from Ganesh Benzoplast Ltd.’s Concall GBL is selling its profitable LST (Liquid Storage Terminal) business to focus on Chemical and EPC. What surprised me?  📌 Chemical profits reportedly grew from ₹5 crore to around ₹20 crore in two years, without major capex. 📌 Management believes Chemical and EPC can grow faster than LST. 📌 The big question: Can these businesses replace LST’s strong profits and cash flows? My takeaway: Selling a profitable business to fund future growth is a major capital allocation decision. The real test is execution. Will this decision create long-term value for shareholders? Only time will tell. #GaneshBenzoplast #EquityResearch #StockMarket #CapitalAllocation #Investing

  Acme India Industries IPO – Quick DRHP View I went through the RHP. Here’s my simple take: Business: Railway coach interiors, refurbishment & toilet upgradation – a niche railway opportunity. Growth: FY26 revenue ₹264 Cr and PAT ₹24.4 Cr, with a ₹738 Cr order book . Promoters: High promoter holding and industry experience; post-IPO holding remains substantial. IPO funds: Mainly for working capital, debt repayment and capex — rather than just a vague expansion story. Valuation: At ₹196, roughly 14x FY26 EPS ; looks reasonable, but not extremely cheap. Future: Railway modernisation and refurbishment offer growth opportunities. Key risks: High dependence on Indian Railways, tender-based business and working-capital requirements and supplier concentration. Bottom line: A niche railway business with strong order visibility and decent financials, but cash flow and railway dependence are the k...

  German Green Steel & Power IPO – Quick RHP Analysis   Business & Sector The company is into steel manufacturing , mainly TMT bars. Steel is a cyclical business, so margins can change with steel prices and demand. Financials look positive Profit increased from ₹41.7 Cr (FY24) → ₹59.9 Cr (FY25) → ₹79.9 Cr (FY26) . FY26 ROCE was around 20% . Valuation IPO price band is ₹132–₹139 . With FY26 EPS of ₹14.91 , the IPO is valued at roughly 8.9x–9.3x P/E . The RHP peer range is quite wide, so the important question is not just growth, but whether this valuation is justified by the company's future growth and profitability . Promoters Promoters are involved in the business, but there are promoter guarantees against certain borrowings , which investors should keep an eye on.  Liabilities/Risks The company has working-capital borrowings and bank guarantees. So, the balance sheet is not completely risk-free . Overall Financial growth looks encouraging a...

  Caliber Mining & Logistics IPO GMP: Should You Apply? The Caliber Mining & Logistics IPO has become one of the most talked-about IPOs this week. A strong Grey Market Premium (GMP) and positive investor interest have put it on many investors' watchlists. But does it deserve a place in your portfolio? IPO at a Glance IPO Size: ₹450 Crore Price Band: ₹402–₹424 per share Lot Size: 35 shares Minimum Investment: ₹14,840 Latest GMP The IPO is currently commanding a healthy GMP of around ₹105–₹118 , indicating an expected listing gain of nearly 25–28% . Remember, GMP reflects market sentiment and can change before listing. ( m.economictimes.com ) What Does the Company Do? Caliber Mining & Logistics provides mining and transportation services, mainly for the coal sector. Its business includes mine development, coal extraction, and logistics support for government-linked mining companies. Should You Apply? The company has shown improving financial performance, and the stro...