“The company is able to pass on the increase in prices with a monthly/quarterly lag. They have been able to maintain EBIDTA margins YOY inspite of fluctuations in crude”. “This company has been able to consistently deliver EBIDTA margins of 10% in last 3 years”. I had come across these statements multiple times. Considering how… Continue reading Credit Series- Myth on EBIDTA
If a borrower is having a spotless conduct in loan repayment so far that is a good candidate for on boarding or increasing exposure. Yes, track record of loan repayment is a good data point to start with and give due weightage. But then also look for the borrowing pattern of the customer : If… Continue reading Credit series – 8- Look beyond clean account Conduct
This company has been consistently delivering excellent performance for the last 5 years inspite of challenging business environment with multiple business events including the crude movement on which its prices are dependent. Increasing sales YOY, margins remaining stable and leverage ratios well within the acceptable levels. Further on one side rating has been upgraded but… Continue reading CREDIT SERIES-7- Look beyond the good numbers
Had decided to keep myself cut off from anything during this years annual vacation. Just be able to enjoy the nature and its beauty with the two most important people in my life. It worked and then we are mostly the same usual after sometime. The international attack, the domestic violence and unfairness to students… Continue reading Wake up, its morning
Attended a useful session organized by #refinitiv where WATER as a scarce resource and the challenges and perspectives of solving that was discussed by experienced panelists. Agriculture is directly using around 85 percent of the water resources and bal 15 percent is divided between industry and the people usage. Indirectly that agriculture output is what… Continue reading Water : Time to act
There comes some situations which makes me think again and again on reason why something happened. Obviously those are during the instances which makes feel uncomfortable or unhappy. The ones in which there is no discomfort, at times are forgotten. In life's journey we experience the challenges which may not always be exciting . But… Continue reading I forgot GOOD things
Today I was telling my 3 year old a story to make her understand SHARING of things. I was telling her how it can be so much fun if she and her cousin will share their toys. Both can have more fun and more options to play with. Similarly in the story one kid doesn’t… Continue reading Do you share in office?