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Ask EP - 192 TAX on IPO Listing Gains?

Original: Ask EP - 192 TAX on IPO Listing Gains ?

84.3K views · Oct 06, 2024 · 25:53 min · Watch on YouTube ↗
Takeaway

Srivari Spices' 100% growth promise is exciting but watchlist only — wait at least one year for cash-flow and receivables data before chasing the FOMO.

Summary

  • Reviews Srivari Spices & Foods — management claimed 100% YoY growth through 2030 on a conference call, sending the stock viral.
  • Business mix: 60% atta, 40% spices/masalas; 95% B2B (DMart online, BigBasket, Reliance Smart, Metro Cash & Carry pending), targeting 30% B2C.
  • Two manufacturing units (35% and 60%+ capacity utilization); Unit 3 will add groundnut and safflower oil.
  • Quality claim: their atta moisture levels match export-grade standards — Metro management reportedly impressed.
  • Caution: FMCG space is crowded (ITC Aashirvaad and 40+ competitors for #2-3 spot); receivables and write-offs are key risks; better to watchlist and wait for 1 year of delivery before buying.
stock analysisFMCGSrivari
Original description
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