Friday, 15 September 2017

OK PLAY Financial Results For 30 June, 2017 Play India consolidated net profit rises 166.67% in the June 2017 quarter
Net profit of OK Play India rose 166.67% to Rs 1.12 crore in the quarter ended June 2017 as against Rs 0.42 crore during the previous quarter ended June 2016. 
Sales rose 32.39% to Rs 27.06 crore in the quarter ended June 2017 as against Rs 20.44 crore during the previous quarter ended June 2016

Here are some more key Update form OK PLAY

Huge opportunity in EV space; will produce 250,000 vehicles next year: OK Play India

OK Play India reported a steady of numbers with revenues jumping 36 percent. In an interview to CNBC-TV18, Rajan Handa, MD of OK Play India decoded the earnings fine-print and also spoke about opportunities in the electric vehicle (EV) space.

OK Play India reported a steady of numbers with revenues jumping 36 percent. In an interview to CNBC-TV18, Rajan Handa, MD of OK Play India decoded the earnings fine-print and also spoke about opportunities in the electric vehicle (EV) space.
We have set up manufacturing facilities in conjunction with our manufacturing partners across the country. We have seven facilities up and running and all of them are producing the same products with the same equipment using the same components. These are all dedicated EV facilities, he said.
We have done test marketing on EV and we have about 46 showrooms operating which deal only with OK Play EVs, he added.
The average price per vehicle is Rs 1,25,000, when I am talking about an e-rickshaw. There is a lot of opportunity also in the retail market because this is a natural upgradation from cycle-rickshaw or using a petrol/diesel alternative, said Handa.
We are being conservative about numbers because the opportunity is humongous, the capacities that we have created now would allow us to produce in the next year 250,000 vehicles. We have also tied up with one of the leading non-banking financial companies (NBFCs) to get these vehicles financed for the end-user, he further mentioned.
I would look at 10,000 units coming on a monthly basis down the line, Handa said.
To watch the full interview , click on the below link :

Friday, 28 July 2017

OK PLAY INDIA LTD , BSE Code - 526415

 OK PLAY INDIA LTD - BSE Code - 526415

The company is primarily a toy maker. It has a product portfolio of school furniture, playground equipment, signage boards and automotive fuel tanks along with toys. In the toys market, ‘OK Play’ is an unmatched brand. it has developed 100% plastic parts for electric vehicles and marketing them under the ‘e-Raaja’ brand. The company which has already been in the e-vehicles market with eight unconventional electric products that include e-rickshaws, e-vending carts, e-mobile shops, e-loaders, e-garbage collectors, e-school buses, e-scooters, has launched six variants of electric two-wheelers in the first quarter of 2017-18. These two wheelers, with one single charge, can ply 80 Km distance with 40 KMPH speed. 

Rajan Handa, founder-managing director of OK Play Electric Vehicles, believes the three-wheeled platform will be the low-hanging fruit since it will be the most cost-effective of all vehicles.

As India eyes an all-electric car fleet by 2030, Rajan Handa, founder-managing director of OK Play Electric Vehicles, believes the three-wheeled platform will be the low-hanging fruit since it will be the most cost-effective of all vehicles. "We decided to exploit our skills and experience in engineering and plastic moulding to design and develop technically and commercially viable electric vehicles," says Handa. OK Play's e-rickshaw under the brand E-Raaja is priced at Rs 1.25-1.5 lakh and indigenously developed. The company's other products include e-vending carts, e-mobile shops, e-loaders, e-garbage collectors, e-school buses and e-scooters. The e-rickshaw weighs 320 kg and can carry a load of 700 kg. It has a maximum speed of 24 km/ hr and the battery lasts 80 km with each charge. The company can produce 20,000 vehicles every month. "We have set up manufacturing facilities in eight locations in the country. With two more coming up, OK Play will be able to cater to national requirements in real time," says Handa.

"We are in the process of covering the entire geography of our huge country. We are also working towards becoming a global supplier of electric vehicles."

OK Play EV : A New Definition of E- Rickshaw

Designed to Rule the Roads

OK Play Electric Vehicles, one of the most recognised manufacturers in India, has combined innovative design with unparalleled quality to develop e-Raaja, India’s first plastic body e-rickshaw. Robust build and unique features of e-Raaja makes it far superior to any other e-rickshaw in the market. With its seamless, sturdy body, rounded edges and impact resistant plastic, e-Raaja is built to endure rough roads and provide a safe ride with maximum comfort. All this, along with striking aesthetics, makes it a viable option for last mile commute on difficult Indian roads.

Here are their clients in the automative sector 
  • POP, Signage &Display Stands

  • OK Play India Ltd has an annual production capacity of 96,000 electric two-wheelers. The government aims to develop India an e-mobility nation by 2030. To achieve the target, it has chalked out ambitious policies like FAME (Faster Adaption and Manufacturing of Hybrid and Electric vehicles), National Electric Mobility Mission, etc. The Indian e-two-wheelers market has been expanding at a 30% per annum growth rate. The company may garner a 10% market share. It is going to distribute world renowned toy brands in India. As the Supreme Court gave its verdict banning the fresh sales of BS-3 vehicles from April 1, 2017, the company will benefit mostly with the expected demand surge for its Plastic Fuel Tank which strictly adheres to Bharat-4 standards. OK Play has entered an agreement with an Israel firm for developing and marketing of ‘inspection chambers’ which find usage in the sewerage and drainage systems management.
    The promoters and non-promoters pumped in fresh capital by subscribing to its equity shares and warrants at a price of Rs 140.47. It caused a surge in the net worth of the company by about Rs 21 crore. With the implementation of BS-4 ecological norms and with the SC final verdict banning the BS-3 sales from this April 1st itself, now there will be an explosive demand for the next generation eco-friendly auto components. OK Play India Ltd, the maker of these parts, is attracting the market players. Currently priced at 164 rs

    Note: The above is not a research report but information as available on public domain and it should not be treated as a research report.

    Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

    Disclosure: It is safe to assume that i might have Ok Play India Ltd in my portfolio and hence my point of view can be biased. Readers should consult their financial advisory before any investments.

    Friday, 21 July 2017

    Reliance Jio Phone 4G mobile launched - Bad days ahead for Airtel and idea ?

    Reliance Jio Phone 4G mobile launched. Bad days ahead for  Airtel , Dish Tv or do they have something up their sleeve ?
    Reliance Jio today announced the launch of its much rumoured 4G feature phone, which is named as JioPhone. Along with that it has announced its cable TV device. The JioPhone will be available for free but buyers will have to deposit a fee of Rs 1500 which will be refundable after three years on returning the phone. This means the phone will be available at an effective price of zero. JioPhone will be available for beta testing this 15th August, while pre booking will start from 24th August; physically it will available from September this year.


    Price and data plans:

    1. Reliance Industries Limited chairman Mukesh Ambani on Friday announced the JioPhone, a 4G VoLTE feature phone which he called ‘India ka Smartphone’.
    2. The JioPhone’s effective price is Rs 0. This means, you can buy the phone at Rs 1500, which will be refunded after 3 years.
    3. The phone is a feature phone, but with a larger screen, access to apps and of course 4G data and 4G VoLTE calls and will effectively cost the customer Rs 0 for the device.
    4. JioPhone users will have to pay just Rs 153 a month, including the cost of the phone. There will be a weekly plan of Rs 54 and a two-day plan of Rs 24 with all the same features.
    5. The highlight of this phone is the 4G VoLTE, it has a voice command interface, and comes pre-loaded with Jio’s apps loaded on it.
    6. JioPhone has 2.4-inch display, and can play the JioCinema app as well. So users can watch movies on this feature/smartphone smash.
    7. It has an SOS feature as well, which can be activated by pressing 5. There is support for NFC that enables quick payments, and the ability to cast content.
    Availability and date of sale:
    8. The phone will be available for beta testing from August 15 and for prebooking from August 24.
    9. The phones will be available for sale at a first come, first serve basis from the last quarter of 2017. The target is to make 5 million phones available every week.
    10. The JioPhone will always have free voice calls. From August 15, the JioPhone will come with free unlimited data.

    Made in India JioPhone:

    11. The phone has been created by Indian engineers for an Indian audience.

    Other things to know:

    12. The phone will offer an innovative cable link to television to help users view content on a big screen at home. Users will need to buy the Jio Dhan Dhana Dhan package of Rs 309 to get the extra data needed for this.
    13. The phone also responds to voice commands, which is unprecedented for a feature phone anywhere in the world.
    14. Jio will be the greatest accelerator of the Bharat-India connectivity, said Mukesh Ambani.
    15. Mukesh Ambani declared 15th August 2017, as ‘DIGITAL FREEDOM’ for all feature phone users with JioPhone.

    JioPhone is bad news for Bharti Airtel, Idea Cellular , Dish TV , Hathway cable and shilpi cable 


    Thursday, 29 June 2017


    Meaning of GST
    GST is abbreviation for Goods and Service Tax. GST is also known as Value Added Tax (VAT) in few countries.
    GST / VAT is a consumption based tax wherein the basic principle is to tax the value addition at the each business stage. To achieve this, tax paid on purchases is allowed as a set off/ credit against liability on output/income.
    GST is levied on all transaction of goods and services. Thus, in principle, GST should not differentiate between ‘goods’ and ‘services’.
    For Example:
    Stage 1 (Manufacturer)
    Imagine a manufacturer of Trouser . He buys raw material or inputs — cloth, thread, buttons, tailoring equipment — worth Rs 100 a sum that includes a tax of Rs 10. With these raw materials, he manufactures a trouser
    In the process of creating the trouser, the manufacturer adds value to the materials he started out with. Let us take this value added by him to be Rs 30. The gross value of his good would, then, be Rs 100 + 30, or Rs 130.
    At a tax rate of 10%, the tax on output (trouser) will then be Rs 13. But under GST, he can set off this tax (Rs 13) against the tax he has already paid on raw material/inputs (Rs 10). Therefore, the effective GST incidence on the manufacturer is only Rs 3 (13 – 10).
    Stage 2 (Manufacturer to Wholesaler)
    The next stage is that of the good passing from the manufacturer to the wholesaler. The wholesaler purchases it for Rs 130, and adds on value (which is basically his ‘margin’) of, say, Rs 20. The gross value of the good he sells would then be Rs 130 + 20 — or a total of Rs 150.
    A 10% tax on this amount will be Rs 15. But again, under GST, he can set off the tax on his output (Rs 15) against the tax on his purchased good from the manufacturer (Rs 13). Thus, the effective GST incidence on the wholesaler is only Rs 2 (15 – 13).
    Stage 3 (Wholesaler to Retailer)
    In the final stage, a retailer buys the trouser from the wholesaler. To his purchase price of Rs 150, he adds value, or margin, of, say, Rs 10. The gross value of what he sells, therefore, goes up to Rs 150 + 10, or Rs 160. The tax on this, at 10%, will be Rs 16. But by setting off this tax (Rs 16) against the tax on his purchase from the wholesaler (Rs 15), the retailer brings down the effective GST incidence on himself to Re 1 (16 –15).
    Thus, the total GST on the entire value chain from the raw material/input suppliers (who can claim no tax credit since they haven’t purchased anything themselves) through the manufacturer, wholesaler and retailer is, Rs 10 + 3 +2 + 1, or Rs 16.
    To conclude in GST regime there will be “NO TAX ON TAX and there will be seamless credit of tax available at each value addition of business stage

    Tax Rates Before And After GST

    Toothpaste, Branded Cereals May Cost More

    Rates Up For Mobile Phones, Refrigerators

    Shampoos, Perfumes May Cost More

    Higher Rate On Electric Hot Plates

    Wallpaper, Paints In Highest Slab

    Fresh Milk, Vegetables Exempt

    No Tax On Condoms

    Lower Tax On Kerosene

    Plastic Products To Cost More

    Eating Out, Phone Calls Costlier

    Saturday, 10 June 2017

    How to Pick Profitable Stocks ?

    Stock selection

    In Indian Stock market, a disciplined stock selection strategy is very are important for an investor to grow his personal wealth drastically. Investors stock picking strategies depend upon some factors which includes the performance of company, market and industry trends, and share prices.

    Pick Profitable Stocks

    Let us simplify for you some of the best stock picking strategies based on different investing style.

    Investing for Growth

    In this strategy, you need to focus on fast growing companies, which are showing major increase in revenues and profits. This kind of investors who focus on this strategy intend on making money from the significant increase in the share prices of companies they decide to invest.

    Returns from growth stocks

    The returns from growth stocks are largely higher than that of other type of stocks. Though, the risks involved in this type of stocks are high as compared to others. This type of investors pick young and fast-growing companies, regardless of the expensiveness of these stocks, as the investors bet on the future growth potential of the companies. The fundamental idea of growth investing may differ from industry to industry and company to company.

    Investing in Value Stocks

    This kind of strategy is different to growth investing mentioned above. These investors focus on stocks, which are trading below their intrinsic values. Value investors look into the fundamentals of the companies cautiously and they believe that the market undervalues these stocks.

    Value investing

    Value stocks are comparatively cheaper to the net asset value (NAV) of their respective companies. Value investing does not mean to pick a cheap stock, rather investing in undervalued stocks that have good growth potential.

    GARP Investing Strategy

    GARP (Growth At Reasonable Price) Investing Strategy, is a mixture of value investing and growth investing strategies. Through GARP investing strategy, an investor focus on stocks that are reasonably priced, at the same time possess robust growth potential.
    In other words GARP investors do not go for high growth stocks that have high risks or cheaply priced stocks, which are in problem. So, GARP investors avoid expensive high-growth stocks. The significant barometer for GARP investors is PEG ratio, which is PE ratio divided by growth.

    Fundamental Analysis of Stocks

    Using Fundamental analysis, an investor or analyst tries to estimate the intrinsic value of a stock based on fundamentals. Although this strategy takes more time and effort, it is appropriate for long-term investors.

    Earning trends

    With fundamental analysis, an investor try to understand the earning trends of a company and expected earnings in the future, rather than market sentiments. Further more than earnings and revenues, investors also focus on factors such as, ROIC (Return On Invested Capital), ROE (Return on Equity), cash flows and P/E ratio etc. Many Indian Business magazines are available with all of these factors for each company.

    Using Technical Analysis to Pick stocks

    Technical analysis ( chart analysis), is an investing strategy through which investors weigh the future price movement of a stock through past performance. Technical analysis mainly depends upon the demand and supply of the particular stock and trading volumes.

    Intrinsic value stock

    Technical analysis is quite contrary to fundamental analysis. Technical analysts do not bother much about the intrinsic value stock.
    Regardless of the advantages and disadvantages of the above-mentioned stock picking strategies, many investors are making millions irrespective of the strategies they choose.
    Always an investor’s choice of a particular strategy should depend upon his/her knowledge about the market, industry trends and growth potential of companies. Most important is investors devotion of time and risk calculation capabilities play major role in choosing a particular stock picking technique.
    A mixture of above strategies to fine tune and pick the winning stocks works the best in Indian Stock markets.