Top 5 reasons why this defence stock is down 33%? | CA Rachana Ranade
Published: 2024-02-23
Status:
Analyzed
Published: 2024-02-23
Status:
Analyzed
Predictions from this Video
Incorrect: 4
Prediction
Topic
Status
Bloom Energy contributed over 60% of MTAR Technologies' revenue between FY19-FY23 (except FY21 at 50%), and is expected to remain above 60% in the medium term.
"the revenue contribution of this client has been consistently over 60% during fiscal 2019 to 2023 with the exception of 21 where the contribution was about 50% but the share of Bloom Energy in overall revenue mix will remain above 60% over the medium term."
Correct
MTAR Technologies revised its FY24 revenue guidance downwards from 830-860 crore to 670-700 crore.
"company negatively revised their revenue guidance from 830 to 860 crores in in FY 24 to 670 to 700 crores"
Incorrect
MTAR Technologies revised its FY24 EBITDA guidance downwards from 28% to 26%.
"they mentioned that EBITDA guidance which was originally at 28% they said we would want to revise it at 26% for FY 24"
Incorrect
MTAR Technologies further revised its revenue guidance downwards to 610 crore from the previous revision of 670-700 crore.
"the guidance which were re which was revised revenue guidance which was revised to 670 to 700 crores now further got revised at a point lower to 610 crores."
Incorrect
MTAR Technologies' total working capital days have increased from 230 to 302 days between FY20 and FY23.
"total working capital days have been continuously increasing and they have gone up from 230 days to 278 days to 283 days and to 302 days"
Correct
MTAR Technologies' long-term borrowings have increased from zero in FY20 to 77.72 crore in FY23.
"fy20 to FY 23 their long-term borrowings has been continuously increasing and it has gone up from zero to 77.72 crores"
Correct
MTAR Technologies' short-term borrowings have increased from 29.13 crore to 65.6 crore.
"if I'm talking about short-term borrowings it has gone up from 29.13 crores to 65.6 crores"
Correct
MTAR Technologies' promoter holding decreased from 47.18% in December 2022 to 37.26% in December 2023.
"Holdings have been going down from December 22 to December 23 and have gone down from 47.18% to 37.26%"
Correct
The percentage of pledged promoter shares for MTAR Technologies increased from 6.89% to 9.16% by December 2023.
"the pledge percentage was around 6.89% which increased gradually to almost 9.16% as at December 2023."
Correct
MTAR Technologies' cash flow from operations has significantly decreased, fluctuating between 56 crore, 9 crore, -30 crore, and back to 9 crore.
"CFO that is cash flow from operations which was at 56 CR at one point in time and it has gone down to 9 crores at one point minus 30 crores and then ultimately right now at again 9 crores."
Correct
The CFO by EBITDA ratio for MTAR Technologies has fallen drastically from 96.55% in FY20 to 5.84% in FY23, indicating a widening gap between reported earnings and actual cash flow.
"the number was pretty close in FY20 because this ratio of CFO by EBITDA comes to 96.55% but as we move by the years you'll see that from 96.55% this has gone down to 5.84%"
Incorrect
Bloom Energy reported a $209 million loss for the full year ended 2023.
"us hydrogen firm Bloom Energy posts 209 million loss for 20123"
Correct
Bloom Energy approved a restructuring plan in September 2023, including laying off over 200 full-time staff and 56 contractors.
"this company Bloom Energy is set out for a restructuring plan which was approved in September 2023 they're also reducing its workforce they have actually laid off more than 200 full-time staff and 56 contractors"
Correct