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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  |  sumanspeaks.blogspot.com Travel & Hospitality · Turnaround Watch Easy Trip Planners At ₹5.78: The Hotel Business Is Growing Faster Than The Old Business Is Shrinking Near its 52-week low, EaseMyTrip is quietly turning into a different company than the one that listed in 2021 — and the next few quarters will decide whether that transformation shows up in the profit line. Easy Trip Planners Ltd trades around ₹5.78, with a market capitalisation of approximately ₹2,300 crore. That is close to its 52-week low of ₹5.74. At first glance, that looks like a stock the market has simply given up on. Look closer, and a more interesting picture emerges. The balance sheet is clean. Revenue is still growing. And one part of the business — hotels and holiday packa...

Indowind Energy: Buy

CMP: Rs.15.35

Book Value: Rs.25.75

Introduction: Indowind Energy Ltd develops and sells wind farms, manages wind assets, and generates Green Power for utilities and corporations. 

Its work consists of Wind Power Project Implementation from Concept to Commissioning, Wind Asset Management Software for installed assets, including operations, billing, and revenue collection from project customers. Customers are supplied with Green Power CER (Carbon Credit) Trading and Sales.

Financials: The consolidated net profit of Indowind Energy, surged 656.86% to Rs.3.86 crore on 64.60% increase in net sales to Rs.14.60 crore in Q2 September 2022 over Q2 September 2021.

On a consolidated basis, profit before tax surged 587.7% year-on-year to Rs 3.92 crore in Q2 September 2022. Total expense climbed 32.4% YoY to Rs 10.35 crore in Q2 FY23.

The net profit surged 138.27% and net sales soared 88.63% in Q2 FY23 over Q1 FY23.

The company's net cash from operating activities stood at Rs 9.22 crore in the half year ended September 2022, higher than Rs 2.41 crore in the same period last year.

EBITDA stood at Rs. 8.35 crore in September 2022 up 56.95% from Rs. 5.32 crore in September 2021.

Indowind Energy Ltd's EPS has increased to Rs.0.42 in September 2022 from Rs.0.05 in September 2021.

Conclusion:  Buy the share of Indowind Energy Ltd for short term targets of Rs.31/32.

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