India focused Portfolio Advisory - Exp of 40+years, Das Capital Management and Advisors

Arun Thirumalai

India focused Portfolio Advisory - Exp of 40+years

Das Capital Management and Advisors

Das Capital is a research boutique with an aim to continuously map and plan the investment needs of investors focused on India. We have a six member research team with a combined experience of over 40 years as a part of our investment wing. Our team assisted in the setup of Premji Investments, which was one of India’s first family offices focused to managing Mr.Azim Premji personal wealth. We also serve as a research team to two Indian private equity energy funds “Small is Beautiful” and “KSK Emerging India Energy Fund”.

Equity Bottom-Up

<p>We recently wrote a detailed note on <a href="https://www.smartkarma.com/entities/327" target="_blank" data-smartkarma-citation="entities:327:1">ITC Ltd (ITC IN)</a> , a conglomerate with a near monopoly in cigarette industry and a fast growing FMCG player (for more details click <a href="https://www.smartkarma.com/insights/itc-ltd-it-s-lots-more-than-a-mere-puff" target="_blank">here</a>). The company released its Q4 FY18 and FY18 financial results. While sales grew at 4.5% primarily driven by the FMCG and Education/stationary segment, PAT grew by 5.3% YoY in FY18. We analyze the result.</p><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/053/427/original/Capture.PNG?1527229913" class="editor-image img-responsive" data-smartkarma-image-id="53427"></figure><h2>Cigarette</h2><ul class=""><li><p>The cigarette segment continued to show poor performance due to a steep escalation of tax under the new GST…</p></li></ul>

We recently wrote a detailed note on ITC Ltd (ITC IN) , a conglomerate with a near monopoly in cigarette industry and a fast growing FMCG player (for more details click here). The company released its Q4 FY18 and FY18 financial results. While sales grew at 4.5% primarily driven by the FMCG and Education/stationary segment, PAT grew by 5.3% YoY in FY18. We analyze the result.CigaretteThe cigarette segment continued to show poor performance due to a steep escalation of tax under the new GST…

ITC Ltd

ITC Ltd- FY18 Results Update