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DistrictD Platform updates over last month

We have updated the financial models of companies having FY ended on December. Corporate actions adjustment have been done in the few models. We are going to enhance our coverage by five companies by the end of this month

Mohit Sharma

Published on 16/03/2023 06:52 PM

Quick read on Q3 sectoral fundamental performance and updates on DistrictD

We have updated Q3 FY23 results over 950 companies in a timely manner. Updated the December ending companies models and launched Tyre Industry. We also did modifications in our company's market classification, now revised as per the SEBI provided by AMFI.

Mohit Sharma

Published on 16/02/2023 06:24 PM

Over 330 Q3 FY23 Results updated, added Shipping Industry page and more...

In the last two weeks, we updated over 330 Q3 FY23 results, uploaded over 200 Concalls and Earnings presentations and added Shipping Industry page on the platform. We have also updated model of Shriram Finance Ltd for latest announced merger of Shriram City Union Finance Ltd and Shriram capital with Shriram Transport Finance Ltd.

Mohit Sharma

Published on 01/02/2023 03:11 PM

IT Services Industry, Latest announced Q3 FY23 Results and more…

We enhanced our Industry page coverage to 17 Industries, revamped Zomato Financial Model, track and updated over 30 models after closely observing their first two quarters performance FY23. Meanwhile few latest listed IPOs financial models is also added to the platform.

Mohit Sharma

Published on 17/01/2023 11:40 AM

DCF Back In Vogue ?

I was just putting in place our Excess Returns based valuation model tools for the financials companies, when my developer, who is btw a finance novice, asked if it was only a theoretical valuation for the company! We all know that there is a wide gap in theory and practice anyways, especially in finance. So it came as a pleasant surprise when I met a fund manager who was extremely interested in knowing about implied growth rates at current prices and another who actually chased us to improve the outputs that we show in DCF. So what is happening here, some of the best guys in finance looking at the most basic and boring of the concepts in finance? Well this usually happens when frenzy takes a break and Buyers sit back and think on what they are actually paying for the stock of any company. Although largely academic in nature, markets do eventually revert back to reasonably accurate assumptions as per DCF values. After my interactions, I asked a team mate to perform a basic Implied Growth Analysis on a few companies. Here is a short summary of it. While a WACC at 15% might be high for some people, I for one thought that most stocks were sitting at pretty heavy growth expectations.

Udit Garg

Published on 15/06/2022 01:10 PM

INDIAN CHEMICALS IS THE NEW SIZZLE

India is 3rd largest producer of chemicals in Asia, 6th largest in the world and chemicals sector contribute to around 8% of GDP. India is steadily moving up the rank as global economic power and becoming business magnet for investment. High domestic consumption, Diversified industry, Ease in doing business and Increased Export demand from developed nations are the key drivers for success of the sector. The economic influence of the sector is promising for the future.

Udit Garg

Published on 15/06/2022 01:05 PM