India Equity Analyst - Fundamental & Thematic, Beat the Street

Sudarshan Bhandari

India Equity Analyst - Fundamental & Thematic

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Equity Bottom-Up

<ul>
<li>Company recently demerged from <a href="https://www.smartkarma.com/entities/ghcl-ltd" target="_blank" data-smartkarma-citation="entities:12239:1" rel="noopener">Ghcl Ltd (GHCL IN)</a> and guiding for 30% revenue growth and double margins from here onwards with cotton prices being stable.</li>
<li>A Debt Free Textile company available at 0.56x Price to Book with growth plan in progress and adding Value added products in its portfolio.</li>
<li>Due to Forced selling from DII, FII company remained undervalued, now with changing margin profile, the Company will be available at a cheap valuation compared to peers.</li>
</ul>


Company recently demerged from Ghcl Ltd (GHCL IN) and guiding for 30% revenue growth and double margins from here onwards with cotton prices being stable.
A Debt Free Textile company available at 0.56x Price to Book with growth plan in progress and adding Value added products in its portfolio.
Due to Forced selling from DII, FII company remained undervalued, now with changing margin profile, the Company will be available at a cheap valuation compared to peers.


GHCL Textile: The Undervalued & Turnaround Play

Thematic (Sector/Industry)

<ul>
<li>The Indian textile industry is poised for robust growth due to  confluence of factors, including the "China+1" strategy, instability in competing markets like Bangladesh and Vietnam, and supportive government initiatives.</li>
<li>This has led to India gaining market share in key export destinations, particularly in apparel exports to the US and the UK.</li>
<li>Furthermore, Indian textile companies anticipate improved demand and margins, driven by factors like the end of the global inventory destocking cycle and the stabilization of cotton and yarn prices.</li>
</ul>


The Indian textile industry is poised for robust growth due to  confluence of factors, including the "China+1" strategy, instability in competing markets like Bangladesh and Vietnam, and supportive government initiatives.
This has led to India gaining market share in key export destinations, particularly in apparel exports to the US and the UK.
Furthermore, Indian textile companies anticipate improved demand and margins, driven by factors like the end of the global inventory destocking cycle and the stabilization of cotton and yarn prices.


Indian Textile Sector: Is It the End of Global Inventory Destocking?

<ul>
<li>Bangladesh, India's <strong>2nd largest trading partner</strong> in Asia is under a political crisis leading to instability and uncertainty. </li>
<li>Companies impacted by Bangladesh Crisis in India across sectors and across market caps listed below. </li>
<li>There might be short-term impact, but in long run, there would not be much impact as overall exposure is not that much.</li>
</ul>


Bangladesh, India's 2nd largest trading partner in Asia is under a political crisis leading to instability and uncertainty. 
Companies impacted by Bangladesh Crisis in India across sectors and across market caps listed below. 
There might be short-term impact, but in long run, there would not be much impact as overall exposure is not that much.


Bangladesh Chaos: Impact on Indian Companies

External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

External broker reports(aggregated public sources)

ICICI Securities Ltd

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

<ul>
<li>Indo Count is one of India’s largest home textile manufacturer and exporter with an extensive product range</li>
<li>Indo Count is an integrated bedding solution provider, boasting capacity of 90 million meters p.a. of dyeing/processing and cutting /sewing</li>
<li>We maintain BUY recommendation on the stock with revised TP. We value ICIL at Rs 360 i.e. 17x FY23E EPS</li>
</ul>
<div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>


Indo Count is one of India’s largest home textile manufacturer and exporter with an extensive product range
Indo Count is an integrated bedding solution provider, boasting capacity of 90 million meters p.a. of dyeing/processing and cutting /sewing
We maintain BUY recommendation on the stock with revised TP. We value ICIL at Rs 360 i.e. 17x FY23E EPS

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Indo Count Industries: Acquisition to Aid Aspiration of Market Share Gain

<p>ICIL is an integrated bedding solution provider, boasting a capacity of 90 million metre per annum of dyeing/processing and cutting /sewing It exports to nearly 54 countries with US being the prime market (~75% of revenues and commanding ~20%+ market share in bed sheets)...</p>
<div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

ICIL is an integrated bedding solution provider, boasting a capacity of 90 million metre per annum of dyeing/processing and cutting /sewing It exports to nearly 54 countries with US being the prime market (~75% of revenues and commanding ~20%+ market share in bed sheets)...
Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Indo Count Industries: Strong Demand Trends to Spur Revenue Growth

India

Indo Count Industries Ltd is an India based manufacturer and exporter of cotton yarn and knitted fabrics in both greig and dyed form.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Indo Count Industries (ICNT IN)

GHCL Textile: The Undervalued & Turnaround Play

Recently demerged textile company expecting 30% revenue growth and 2x margins, offering value opportunity for long term investors.

Sudarshan Bhandari

Indian Textile Sector: Is It the End of Global Inventory Destocking?

Indian textile industry set for strong growth with China+1 strategy, instability in competing markets, and government support leading to market...

Sudarshan Bhandari

Bangladesh Chaos: Impact on Indian Companies

Political crisis in Bangladesh is causing instability, impacting India's 2nd largest trading partner in Asia. Companies may see short-term...

Sudarshan Bhandari

Indo Count Industries: Strong Demand Trends to Spur Revenue Growth

ICIL is an integrated bedding solution provider, boasting a capacity of 90 million metre per annum of dyeing/processing and cutting /sewing It...

ICICI Securities Limited

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

GHCL Textile: The Undervalued & Turnaround Play

​Recently demerged textile company expecting 30% revenue growth and 2x margins, offering value opportunity for long term investors.

Sudarshan Bhandari

Indian Textile Sector: Is It the End of Global Inventory Destocking?

​Indian textile industry set for strong growth with China+1 strategy, instability in competing markets, and government support leading to market...

Sudarshan Bhandari

Bangladesh Chaos: Impact on Indian Companies

​Political crisis in Bangladesh is causing instability, impacting India's 2nd largest trading partner in Asia. Companies may see short-term...

Sudarshan Bhandari

Indo Count Industries: Acquisition to Aid Aspiration of Market Share Gain

Indo Count is one of India’s largest home textile manufacturer and exporter with an extensive product range.

ICICI Securities Limited

Indo Count Industries: Strong Demand Trends to Spur Revenue Growth

ICIL is an integrated bedding solution provider, boasting a capacity of 90 million metre per annum of dyeing/processing and cutting /sewing It...

ICICI Securities Limited

Recently demerged textile company expecting 30% revenue growth and 2x margins, offering value opportunity for long term investors.

Indian textile industry set for strong growth with China+1 strategy, instability in competing markets, and government support leading to market...

Political crisis in Bangladesh is causing instability, impacting India's 2nd largest trading partner in Asia. Companies may see short-term...