The Valuation School

The Valuation School

2/26/2025, 4:30:47 AM

Masterclass on Indian Economy. Blume Report 2025 - Explained. Don’t Miss this. For more: https://www.linkedin.com/posts/caparthverma_indian-economy-explained-activity-7300369677971591168-50AY?utm_source=share&utm_medium=member_desktop&rcm=ACoAABB8OEoBXM68xxDH3fv2htdCGNyTHChxov8

The Valuation School

2/26/2025, 2:30:49 AM

💰 *Tata Steel Invests ₹10,727 Crore in Singapore Unit* By The Valuation School *Big Investment in T Steel Holdings* Tata Steel has acquired 788.5 crore shares in its Singapore-based subsidiary, T Steel Holdings Pte. Ltd., for ₹10,727 crore. This move ensures that T Steel Holdings remains a fully owned subsidiary of Tata Steel. *Ongoing Fund Infusion* Just last week, Tata Steel had invested ₹2,603 crore and before that, in August 2024, it infused ₹2,348 crore into the same unit. These frequent investments show Tata Steel’s commitment to strengthening its overseas business. *Why This Investment?* The funds will be used to repay external debt of offshore entities and support the restructuring of Tata Steel UK Ltd., its struggling UK subsidiary. *T Steel Holdings' Role* Set up in 2006 in Singapore, T Steel Holdings manages Tata Steel’s overseas investments. It plays a key role in routing funds to Tata Steel’s global businesses, excluding banks. *Source*: https://tinyurl.com/34b6ftn9 *Acha laga, react & share karo & follow our social media for more updates & financial content:* ✅ WhatsApp Channel: https://t.ly/BJTRY ✅ Youtube: https://t.ly/lJqST ✅ Newsletter: https://t.ly/L2vK2 ✅ Instagram: https://t.ly/SLIX4 ✅ LinkedIn (Parth Sir): https://t.ly/mN4yj ✅ LinkedIn (The Valuation School): https://t.ly/Hbeh0 *NOTE:* This post is just for educational purpose and not a buy or sell

The Valuation School

2/26/2025, 4:31:01 PM

*UltraTech Cement’s Entry into the Wires and Cables Business* *By The Valuation School* *Diversification Strategy and Investment Plan* UltraTech Cement, India’s largest cement manufacturer, has announced its entry into the wires and cables business with an initial capital expenditure of ₹1,800 crore. The investment will be made over two years, with operations expected to begin by December 2026. The company has selected Bharuch, Gujarat, as the site for its production facility. The decision to diversify aligns with UltraTech’s broader strategy of expanding its footprint in the construction value chain. Kumar Mangalam Birla, chairman of the Aditya Birla Group, emphasized that this move is part of the company’s vision to offer comprehensive solutions to customers in the construction sector. Despite this expansion, UltraTech will continue to focus on its core cement business. *Strengthening the Aditya Birla Group’s Construction Portfolio* UltraTech’s foray into wires and cables enhances the Aditya Birla Group’s existing presence in the construction industry. The group is already a major player in cement through UltraTech, in aluminium and copper through Hindalco Industries, and in paints through Grasim Industries, which entered the market last year. Hindalco’s production of key raw materials for wires and cables will allow UltraTech to leverage internal synergies, ensuring cost efficiency and a stable supply chain. *Market Potential and Competitive Landscape* The wires and cables industry in India has grown at a compound annual growth rate of approximately 13 percent between FY19 and FY24. UltraTech sees a strong opportunity in this segment, particularly as the market shifts from unorganized to organized players. This transition provides room for a new entrant with a strong brand presence. While UltraTech has not explicitly stated its market positioning goals, the Aditya Birla Group has historically aimed to be among the top two players in any industry it enters. Given UltraTech’s dominant position in cement, its entry into wires and cables could intensify competition with existing market leaders such as Polycab India, which is currently the largest manufacturer in the sector. UltraTech Cement’s entry into the wires and cables business signals its ambition to become a complete building solutions provider. *Acha laga, react & share karo & follow our social media for more updates & financial content:* ✅ WhatsApp Channel: https://t.ly/BJTRY ✅ Youtube: https://t.ly/lJqST ✅ Newsletter: https://t.ly/L2vK2 ✅ Instagram: https://t.ly/SLIX4 ✅ LinkedIn (Parth Sir): https://t.ly/mN4yj ✅ LinkedIn (The Valuation School): https://t.ly/Hbeh0 *Note:* This post is just for educational purposes and not a buy/sell recommendation.

The Valuation School

2/26/2025, 5:35:44 AM

We are thrilled to share the success of Abhishek Giri., who has secured a role as a Buy-Side Equity Research Analyst at Ekvity LLP! Abhishek joined our Advanced Valuations and Financial Modelling cohort with a clear goal to refine his skills and break into the finance industry. For More: https://www.linkedin.com/posts/thevaluationschool_linkedin-investmentbanking-finance-activity-7300379085963235328-nQ84?utm_source=share&utm_medium=member_desktop&rcm=ACoAABB8OEoBXM68xxDH3fv2htdCGNyTHChxov8

The Valuation School

2/25/2025, 11:30:10 AM

📛 *Bazaar Bites - 25th February, 2025* ‼️ *By The Valuation School* ‼️ The Sensex ended slightly higher on Tuesday while the Nifty stayed flat. Big gains in financial and *auto stocks* helped offset losses in metals, but ongoing global concerns over US tariffs limited bigger improvements. *Major Indices Performance:* * *NIFTY 50:*📉 Decreased by 0.03%, closing at 22,547. * *SENSEX:*📈 Rise by 0.19%, ending at 74,454. * *BANK NIFTY:*📉 fell by 0.09%, settling at 48,608. * *NIFTY MIDCAP:*📉 down by 0.62%, reaching 49,702. * *NIFTY SMALLCAP:*📉 decreased by 0.44%, closing at 15,408. *Major Sectoral Performance:* * *Gainers:* Nifty FMCG(0.32%), Media(0.84%), and consumer durables(0.65%) gained. * *Losers:* Nifty IT, PSU bank, and oil & gas declined. Nifty realty saw the biggest drop (-1.31%). 🗞️*Major news headlines of the day:* * *Power Mech's* share price surged after receiving a Rs 164 crore order from BHEL. * *Adani Wilmar* has received shareholders' approval to change its name to AWL Agri Business, marking a strategic shift towards a broader focus on the agriculture sector and aligning its brand with future growth plans. * Hein Schumacher, the CEO of *Unilever* , has unexpectedly stepped down, prompting a swift leadership transition as the company prepares for strategic adjustments. * Shares of *Akzo Nobel* surged after the company executed a Rs 2143 crore intergroup deal, boosting investor sentiment and reinforcing its strategic realignment. * *Axis Bank* is considering selling a majority stake in its subsidiary, Axis Finance, valued at around $1 billion, as part of its strategy to unlock value and streamline operations. * *Welspun* Specialty’s shares surged to the upper circuit after the board approved a rights issue. * *Adani Group* aims to be a "mini-US" in risk management, requiring no external capital. *Acha laga, react & share karo & follow our social media for more updates & financial content:* ✅ WhatsApp Channel: https://t.ly/BJTRY ✅ Youtube: https://t.ly/lJqST ✅ Newsletter: https://t.ly/L2vK2 ✅ Instagram: https://t.ly/SLIX4 ✅ LinkedIn (Parth Sir): https://t.ly/mN4yj ✅ LinkedIn (The Valuation School): https://t.ly/Hbeh0 *Note:* This post is just for educational purposes and not a buy/sell recommendation.

The Valuation School

2/26/2025, 7:48:47 AM

*Axis Bank’s Plan to Sell Axis Finance* *By The Valuation School* *Regulatory Pressure from RBI* Axis Bank is considering selling its wholly owned NBFC subsidiary, Axis Finance, to comply with the Reserve Bank of India's proposed regulations. These regulations require banks to reduce their stake in subsidiaries, including NBFCs, to 20% or below within two years. Additionally, RBI wants to eliminate business overlaps between banks and their non-banking financial arms, making it difficult for Axis Bank to retain full ownership of Axis Finance. *Shift from IPO to Private Sale* Initially, Axis Bank considered taking Axis Finance public through an initial public offering (IPO). However, investment bankers advised that a private sale would fetch a higher valuation. As a result, the IPO plan has been shelved, and the bank is now seeking a complete or majority stake sale. The bank is aiming for a valuation of around $1 billion (₹8,000-10,000 crore), which is twice Axis Finance’s book value of ₹4,000 crore, plus a control premium. Investment bank Morgan Stanley has been brought in to find a buyer. *Buyer Interest and Financial Performance* Several private equity investors have shown interest in acquiring Axis Finance due to its steady growth and presence in India’s financial sector. The NBFC operates in retail and wholesale lending, MSME loans, and insurance-linked lending. For April-December 2024, it reported revenue of ₹3,013.9 crore and a net profit of ₹494 crore, reflecting growth from the previous year. *Alternative Options Considered* Axis Bank explored merging Axis Finance into its own operations to comply with RBI norms. However, this option would be complex, time-consuming, and could lead to asset-liability mismatches. Given these challenges, the bank prefers a private sale and is open to selling 80-100% of Axis Finance if a buyer offers a premium for acquiring control. *Acha laga, react & share karo & follow our social media for more updates & financial content:* ✅ WhatsApp Channel: https://t.ly/BJTRY ✅ Youtube: https://t.ly/lJqST ✅ Newsletter: https://t.ly/L2vK2 ✅ Instagram: https://t.ly/SLIX4 ✅ LinkedIn (Parth Sir): https://t.ly/mN4yj ✅ LinkedIn (The Valuation School): https://t.ly/Hbeh0 *Note:* This post is just for educational purposes and not a buy/sell recommendation.

The Valuation School

2/27/2025, 6:30:41 AM

8 Must-Know Financial Ratios to Make Better Investment Decisions! Let's understand the important ratios in the post below! For More: https://www.linkedin.com/posts/thevaluationschool_must-know-financial-ratios-activity-7300741473329676288-iqB_?utm_source=share&utm_medium=member_desktop&rcm=ACoAABB8OEoBXM68xxDH3fv2htdCGNyTHChxov8

The Valuation School

2/27/2025, 4:10:35 AM

💰 *Godrej Properties Sells ₹1,000 Crore Worth of Homes in Pune Project* By The Valuation School *Massive Sales in Just a Few Months* Godrej Properties has achieved ₹1,000 crore in sales from its newly launched Godrej Evergreen Square project in Hinjewadi, Pune. The company sold 1,398 homes, covering a total area of 1.23 million sq. ft. This marks Godrej Properties' most successful project launch in Pune in terms of both value and volume. *Big Development Plans* The project has a total development potential of 2.41 million sq. ft., with an estimated revenue of around ₹2,045 crore. Launched in November 2024, just four months after acquiring the land, the project strengthens Godrej Properties’ presence in Pune’s western suburbs. *Company's Reaction* Godrej Properties' MD & CEO, Gaurav Pandey, expressed excitement over the record-breaking response, thanking customers and stakeholders for their trust. The company promises an outstanding living experience for buyers in Godrej Evergreen Square. *Source*: https://tinyurl.com/4kzkpyx8 *Acha laga, react & share karo & follow our social media for more updates & financial content:* ✅ WhatsApp Channel: https://t.ly/BJTRY ✅ Youtube: https://t.ly/lJqST ✅ Newsletter: https://t.ly/L2vK2 ✅ Instagram: https://t.ly/SLIX4 ✅ LinkedIn (Parth Sir): https://t.ly/mN4yj ✅ LinkedIn (The Valuation School): https://t.ly/Hbeh0 *NOTE:* This post is just for educational purpose and not a buy or sell

The Valuation School

2/25/2025, 4:30:12 PM

*Big Investments Pour into Assam: A New Era of Growth* By The Valuation School *Reliance's Major Commitment* Mukesh Ambani, the head of Reliance Industries, has announced a whopping ₹50,000 crore investment in Assam over the next five years. This move aims to boost the state's growth, especially in technology and digital sectors, showcasing Reliance's dedication to Assam's development. *Adani Group's Significant Investment* Gautam Adani's Adani Group is also stepping in with a ₹50,000 crore investment in Assam. Unveiled at the Assam Advantage Summit, this investment is set to create jobs, enhance infrastructure, and stimulate growth in areas like energy and logistics, positioning Assam as a key economic hub in Northeast India. *Vedanta's Push in Oil and Gas* Vedanta Group's Cairn Oil & Gas plans to pump ₹50,000 crore into oil and gas exploration in Assam and Tripura. Beyond boosting local infrastructure with top-notch facilities, Vedanta is committed to community initiatives like setting up modern anganwadis (Nand Ghars), handloom skill centers, and digital classrooms, aiming to produce 100,000 barrels daily and generate substantial employment. *JSW Group's Diverse Ventures* Sajjan Jindal's JSW Group is gearing up to invest in Assam's cement manufacturing, renewable energy, and thermal power sectors. Jindal highlighted the region's rapid development and strategic importance to India's economy. The group aims to contribute significantly to Assam's growth, including setting up the largest thermal power plant to meet development needs. *Source:* https://tinyurl.com/3k5emxe9 *Acha laga, react & share karo & follow our social media for more updates & financial content:* ✅ WhatsApp Channel: https://t.ly/BJTRY ✅ Youtube: https://t.ly/lJqST ✅ Newsletter: https://t.ly/L2vK2 ✅ Instagram: https://t.ly/SLIX4 ✅ LinkedIn (Parth Sir): https://t.ly/mN4yj ✅ LinkedIn (The Valuation School): https://t.ly/Hbeh0 *Note:* This post is just for educational purposes and not a buy/sell recommendation.

The Valuation School

2/25/2025, 9:05:30 AM

*Felix Pharmaceuticals to Sell Controlling Stake in Felix Generics* *By The Valuation School* Felix Pharmaceuticals is seeking to sell a controlling stake in its subsidiary, Felix Generics, which manufactures veterinary drugs for companion pets like dogs and cats. The company is targeting a valuation of $200-250 million and has appointed investment bank Lincoln International to facilitate the deal. Discussions are underway with mid-sized buyout and growth-stage private equity firms, with the transaction expected to close by the next quarter. *Purpose of the Sale* The deal will provide Felix Pharmaceuticals with capital to expand its product range in animal health, nutrition, and wellness while allowing the founders a partial exit. Despite selling a majority stake, the company plans to retain a significant share and continue managing operations alongside the new investor. *Manufacturing and Regulatory Approvals* Felix Generics, established in 2015, operates a manufacturing facility at Pithampur SEZ in Indore, Madhya Pradesh. The plant produces tablets, chewables, injectables, oral liquids, and pastes, with an annual capacity of 150 million tablets. It has received regulatory approvals from the Health Product Regulatory Authority (HPRA) in Ireland and the US Food and Drug Administration (USFDA). *Growth in the Pet Healthcare Market* India’s pet healthcare industry is expanding rapidly due to increasing pet ownership, driving demand for veterinary drugs and wellness products. Several startups in this space, such as Wiggles, Heads Up For Tails, Drools, and Benny’s Bowl, have attracted institutional investors. *Future Outlook* Felix Generics primarily serves the US market and is projected to grow at a compound annual growth rate (CAGR) of 30-40% as it scales operations and expands its product portfolio. The sale of a controlling stake positions the company to capitalize on this growth and strengthen its market presence. *Acha laga, react & share karo & follow our social media for more updates & financial content:* ✅ WhatsApp Channel: https://t.ly/BJTRY ✅ Youtube: https://t.ly/lJqST ✅ Newsletter: https://t.ly/L2vK2 ✅ Instagram: https://t.ly/SLIX4 ✅ LinkedIn (Parth Sir): https://t.ly/mN4yj ✅ LinkedIn (The Valuation School): https://t.ly/Hbeh0 *Note:* This post is just for educational purposes and not a buy/sell recommendation.