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Showing posts with label Multibaggers. Show all posts
Showing posts with label Multibaggers. Show all posts

Thursday, March 16, 2023

Value Pick Stock - Surya Roshni - ROI of 105% in 8 Months

Dear Member,

We are pleased to inform you that our Value Pick stock - Surya Roshni Ltd (BSE Code: 500336, NSE Code: SURYAROSNI) which we recommended on 03 July 2022 at Rs. 355 has already achieved its target price.


Surya Roshni stock made its 52 week high of Rs. 741 recently and today closed at Rs. 725 giving absolute returns of 105% to our Value Picks members in period of 8 months. We have not suggested any profit booking in the stock yet to our members. We expect the company to continue to perform well in coming quarters.


Below is the summary of Surya Roshni Ltd released by our team as Value Pick stock on 03 July 2022, the report was shared with all our Value Picks members.


1. Company Background:

Incorporated in October 1973 as Prakash Tubes Private Limited by Mr. B.D. Aggarwal and his son, Mr. J.P. Aggarwal, Surya Roshni Limited began operations as a steel pipe manufacturing unit from Bahadurgarh (Haryana). In FY1985, the company diversified into manufacturing lighting products and established its facilities at Kashipur (Uttarakhand).


At present, Surya Roshni has two reportable segments - Steel Pipes and Strips and the Lighting and Consumer Durables segments. All the products in steel pipes and strips segment are sold under the brand name ‘Prakash Surya’ and products in lighting and consumer durables segment (including all types of lamps, home appliances, PVC pipes) are sold under the brand name ‘Surya’.

 

Based on last year financials, the Steel Pipe & Strips segment accounted for around 78 percent of the company’s total revenues, while the Lighting and Consumer Durables segment accounted for the balance 22 percent. The company is operating four manufacturing units in its Steel division in Bahadurgarh (Haryana), Malanpur (Madhya Pradesh), Hindupur (Andhra Pradesh) and Anjar (Gujarat).

 

The company manufactures cold rolled (CR) strips and electric resistance welding (ERW and spiral pipes of various grades and coated pipes at its newly established 3 LPE coating line at Anjar (Gujarat). Under the Lighting and Consumer Durables division, the company manufactures various types of lamps including light-emitting diode (LED) Lamps, LED street lights, fluorescent tube lights (FTL), general lighting service (GLS) lamps, high-intensity discharge (HID) lamps. At present, the company is one of the major LED Lighting providers in the country with a wide range of LED Lamps, LED tube lights, LED down lighters and LED street lights in its LED product portfolio.

 

The promoter and Executive Chairman of the company, Mr. J P Agarwal, has a rich experience of over four decades in the industry. Further, the company has separate management teams headed by ED & CEOs of respective businesses, being steel pipes & strips and lighting & consumer durables, who are supported by management teams consisting of experienced professionals in the business of steel pipes & strips and lighting & consumer durables.


2. Recent Developments: (As on 03 July 2022)


i) LED market is estimated to grow at a CAGR of 5.2%

 

The global lighting fixtures and luminaires market, estimated at USD 79.2bn in 2020, is expected to grow at a CAGR of 5.2% during 2021-2027 to reach a value of ~USD 112.9bn by 2027 (Source: Businesswire). The industry has witnessed a robust evolution from incandescent to LEDs, allowing end-users to choose from a wide range of options like FTLs, CFLs and others. General lighting and automotive sectors consume more than 50% of lighting fixtures produced across the globe.

 

LED lighting has become one of the most preferred technologies among consumers as it reduces energy consumption, has a better life expectancy and is more affordable. Preference has further skewed towards LEDs as a result of rising environmental concerns and favourable government initiatives. LED penetration in the lighting market has increased from 18% in 2015 to nearly 61% in 2020.

 

Regionwise, the market is witnessing a rapid expansion in the developing regions – the Asia Pacific, Middle East and Africa – driven by large infrastructure investments, rising population and mega-events. As infrastructure development and consumer behaviour adapt to the changing norms of the lighting industry, LED market penetration is estimated to grow and reach a whopping 87% by 2030.

 

The Indian lighting industry has seen a strong transformation over the past five years. The rapid transition from traditional bulbs to CFL and now to modern generation LEDs is bringing in a consolidation in the industry. The price of an LED has dropped from Rs310 in 2014 to Rs70, thus increasing affordability and acceptability going ahead. Mordor Intelligence Report forecasts Indian LED lighting market to grow at a CAGR of 24% between 2021-2026 driven by adoption of LED battens, downlighters, tube lights and bulbs.

 

The Government has been actively promoting the usage of LEDs. This was done through the Ujala program which led to ~47,000 mn kWh energy savings per year and avoided approximately 9,423 MW of peak demand. Moreover, pandemic has created a good opportunity for nation to expand its share in the world trade. Several global corporations are looking forward for an alternative sourcing destination to lower their dependence on China. India is favourably placed owing to the scale, cost and quality of the organised manufacturers.


ii) The company commissioned Section Pipe DFT Plant

 

The company has commissioned its Large-dia section pipe facility with Direct Forming Technology (DFT) at Gwalior in April 2022 which has also added a capacity of 36,000 MTPA of the new product categories.

 

This will enable the company to further improve its presence in domestic as well as export markets. Surya Roshni is the largest exporter of ERW Pipes (GI and Black Pipes) and is exporting to more than 50 countries across the globe including USA, Australia, Canada, Mexico, Middle East, Europe and Africa.

 

The company is focusing on exporting value added products such as grooved, 30*30 section, blue painted hollow coated pipes.

 

Surya Roshni is second largest ERW manufacturer (second to APL) in the country with a capacity of 1.2 mn tonnes. While APL is a leader in structural ERW pipes, Surya dominates the galvanized pipes market in India.


3. Financial Performance: (As on 03 July 2022)


Surya Roshni consolidated profit rises 41.46% in the March 2022 quarter


Net profit of Surya Roshni rose 41.46% to Rs 82.81 crore in the quarter ended March 2022 as against Rs 58.54 crore during the previous quarter ended March 2021. Sales rose 33.66% to Rs 2301.38 crore in the quarter ended March 2022 as against Rs 1721.88 crore during the previous quarter ended March 2021.


Surya Roshni consolidated profit declines 27.20% in the Dec 2021 quarter


Net profit of Surya Roshni declined 27.20% to Rs 40.49 crore in the quarter ended December 2021 as against Rs 55.62 crore during the previous quarter ended December 2020. Sales rose 28.65% to Rs 2030.30 crore in the quarter ended December 2021 as against Rs 1578.17 crore during the previous quarter ended December 2020.


4. Investment Rationale: (As on 03 July 2022)


i) Surya Roshni has established brand name of Prakash Surya for its steel pipes and strips business and Surya for its lighting and consumer durables business. The company is one of the leading players in both these segments with around 2,500 dealers/distributors and more than 250,000 retailers spread across the country for the lighting segment and 21,000 dealers and 250 major distributors in the steel pipe segment to augment its market reach.

 

ii) The company has an in-house capability to manufacture lighting products from scratch including glass, printed circuit boards (PCBs), ballasts, filaments and caps. The company also has in-house research & development (R&D) laboratory in Noida (Uttar Pradesh), accredited by the Department of Scientific and Industrial Research (DSIR), which is involved in the design and development of new products in the lighting segment. This high level of integration helps the company to achieve better control over the entire value chain and thus results in better competitive strengths and profitability margins. The growing demand for LEDs supported by smart cities development and reduced dependence on China for the components is expected to boost the operations of larger domestic players including

 

iii) The ERW pipes (comprising of galvanised, black and hollow sections) is expected to grow at CAGR of 8-10% over FY21-25E. Its current market size is ~9 mn tonnes per annum. Demand for ERW pipes is driven by construction, building materials, infrastructure, automobile and energy sectors. Earlier, ERW pipes were mainly used in sewage transportation, mile gas distribution and automobiles. However, in the last decade, ERW pipes have found applications in infrastructure, commercial real estate, pre-fabricated structures and furniture due to increased load-bearing capacity. The key players in the industry are APL Apollo Tubes, Surya Roshni, Hi-Tech Pipes and Tata Steel.

 

iv) Despite being the second largest player, the company’s steel pipes segment margins were weaker until FY20 due to inefficiencies, lack of focus on product mix, etc. Over the last 2 years, the company’s initiatives towards focusing on value added products have led to strong improvement in EBITDA/tonne. Surya has recently added capacity of 72 kt of DFT-based pipes. It does not need to add further capacity in the coming two years as its current capacity of 1.2 million tonnes will be utilized over the next two year.

 

v) Under lighting business, Surya Roshni has an extensive product portfolio to meet varied consumer requirements. Due to its wide product range which includes Led lamps, Led downlighters, Led Street & floodlights, FTL fittings, Extension board, CFL, FTL and GLS, the company’s product finds a place across the value chain vertically and horizontally. To have a complete umbrella of products to meet end customer needs, the company is planning to add wires and cables in its product portfolio thus increasing its market reach.

 

vi) Surya Roshni has transitioned its lighting business from a traditional product portfolio (conventional lighting, CFL) to a new, evolved product offering (LED). CFL and conventional lighting together contributed to 65 percent of revenues in 2016, but now account for only 19 percent as the company grew in the LED space.

 

vii) To leverage extensive distribution network, the company enter consumer durables and home appliances. In 2014, Surya started manufacturing fans and gradually launched other home appliances including electrical storage water heaters, room heaters, dry irons, steam irons and immersion heater, mixer grinder, induction cookers, toasters, etc to benefit from its distribution network. Surya’s appliances business contributes around Rs 300 crores which the company aims to scale up to Rs1,000 over next five years.

 

viii) The company has strengthened its focus on reducing manpower, power and other overhead costs. Captive coating facility, installation of 2MW captive solar power plant and aggressive deleveraging to reduce finance costs are some of the initiatives taken in past to rationalize costs. In FY21, the company achieved a 37% reduction in finance costs driven by deleveraging. Additionally, decentralization of the production base from Bahadurgarh to other locations will continue to reap cost benefits for the company.

 

ix) Surya is the largest GI pipe manufacturer in India and second largest players in Lighting with a proven track record. A healthy growth in turnover supported by continued growth in volumes and a significant increase in realisations, together with prudent working capital management in FY 2021-22 helped the company generate robust free cash flows. The company used the surplus liquidity to partly prepay its debt obligations, deleveraging its balance sheet. The term debt has reduced considerably from a peak of Rs. 440 crore as on March 2017 to Rs. 61 crore as on March 2022.


x) Surya Roshni diversified into the PVC pipe segment in 2010, it manufactures CPVC/PVC pipes at its Kashipur facility in Uttarakhand. Govt initiative like Swachh Bharat Mission is expected to increase demand for sewage, water supplies and plumbing pipes that use PVC piping systems extensively. Additionally, a consistent increase in budget allocation for irrigation and housing would provide the necessary momentum to the PVC piping industry. Surya Roshni is well placed to cater the emerging demand from this segment.

 

xi) As on Mar 2022, promoters holding in the company is 62.96% out of which 9.06% shareholding is pledged. Institutions holding in the company is at 2.28% out of which FPI holding is 1.04%. Surya Roshni has achieved sales CAGR of 14%, profit CAGR of 13% with ROE of 20% over the last 5 years. Dividend yield at current market price is at 0.47%.

 

xii) As per our estimates, Surya Roshni can deliver PAT of 232 crores for FY 2023-24 with estimated EPS of Rs. 43.50. At the current price of Rs. 355.10, stock is attractively valued at price to earnings multiple of 8.2x based on expected earnings of FY 2023-24. Assigning a fair P/E ratio of 13x on estimated EPS for FY23-24 considering the company’s expansion in product portfolio in lighting segment, improving share of value added products in steel pipes business and improvement in margins with higher capacity utilization, we arrive at a price target of Rs. 565.

 

5. Key Concerns & Risks: (As on 03 July 2022)

 

i) The company manufactures steel pipes which is a limited value addition business. Therefore, Surya Roshni being a steel convertor, is exposed to the volatility in steel prices. In case of an adverse demand-supply scenario, the inability to pass on the raw material price hike to its buyers could adversely impact profitability.

 

ii) Beside imports, the domestic lighting and consumer appliance industries have several large and diversified players like Philips and Havells, as well as single-product/segment companies and unorganised players, given the low entry barriers in the form of capital requirements and technological complexity. Stiff competition from several organised and unorganised players limits pricing flexibility and results in moderate profitability.


6. Saral Gyan Recommendation: (As on 03 July 2022)


We expect Surya Roshni to deliver steady growth in coming years considering its strong rural presence and brand visibility in the lighting division, reducing imports from China and rising urbanization with use of more efficient lighting solutions. Under consumer durables portfolio, the company has increased its advertisement spending by taking new branding initiatives for fans and other home appliances. The company has expanded product categories and also entered the fast-moving electrical goods sector (FMEG). Under the steel product segment, Surya Roshni is expected to do well by improving capacity utilization and focus on value-added products like high margin GI (Galvanized Iron) and API (American Petroleum Institute) coated pipes.

 

Other than just a lighting products based company (as the company name i.e. Surya Roshni indicates), the company generates majority of its business from its steel products segment. There is a high possibility that the company will demerge its pipes and lighting segment in future, any such development may unlock significant value. Considering significant debt reduction by the company, limited capex plan over next 2 years, growth opportunities lies ahead in future and attractive valuations of the company post correction in stock price by 59% from its peak over last 9 months, Saral Gyan team recommends  “Buy” on Surya Roshni Ltd at current market price of Rs 355.10, for a price target of Rs. 565 over a period of 12 - 24 months.

 

Buying Strategy:

  • 80% at current market price of 355.10
  • 20% at price range of 260 - 300 (in case of correction in stock price)

Portfolio Allocation: 3% of your equity portfolio.


Nano Champs Hidden Gems Value Picks Wealth-Builder
If you wish to invest in fundamentally strong micro, small and mid cap companies which can give you far superior returns compared to major indices like Sensex or Nifty in long term and help you creating wealth, you can join our services like Nano ChampsHidden GemsValue Picks & Wealth-Builder.

The stocks we reveal through Nano ChampsHidden Gems & Value Picks are companies that either under-researched or not covered by other stock brokers and research firms. We keep on updating our members on our past recommendation suggesting them whether to hold / buy or sell stocks on the basis of company's performance and future outlook.
 
Moreover, under our Wealth-Builder service, we encourage our members to replicate our Wealth-Builder portfolio by investing in selective high quality small and mid cap companies. We believe, investing in Wealth-Builder portfolio with regular portfolio review from our end can help you achieve market beating, very good returns over a longer team and help you take care of yourself and your family needs, which ultimately lead to a healthy and wealthy life after retirement.

We decided to pass on the maximum benefits by offering great savings and valuable freebies under Saral Gyan Holi Dhamaka Offer 2023Attractive discounts & valuable freebies which make our offer special for our readers are as under:

1. Discount up to 30% on combo pack subscription (valid up to 10 Mar'23 only)
Discount of 10% on individual services, and up to 30% on Combo packs

2. Portfolio of 10 Small & Mid Caps for FY223-24 (to be released on 1st Apr'23)
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3. Special Report - 5 Hidden Gems to Buy / Accumulate (Released on 29 Jan'23)
Applicable under Hidden Gems subscription only - Read More

4. Special Report - 5 Value Picks to Buy / Accumulate (Released on 12 Feb'23)
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Do not miss attractive discounts and valuable freebies. Hurry! Offer closes on 10th March 2023. 

Do write to us in case of any queries, we will be delighted to assist you.

Wishing you Happy & Safe Investing!

Regards,
Team - Saral Gyan.

Monday, March 13, 2023

Do Not Miss Investing in Best of Hidden Gems & Value Picks

Dear Member,

The ongoing market correction is giving a good opportunity to long term investors to add good quality small and mid caps at attractive to reasonable valuations. The broader market which was looking expensive in 2021 is turning attractive once again after steep fall in stock prices over the last 18 months. In fact, as most of the stocks are available again at reasonable to attractive valuations after almost 2 years, we recently released our special reports to allow our members to make some lumpsum long term investments. 

BSE Mid Cap Index made all time high of 27,246 in Oct 2021 and later witnessed correction of -22.9% making low of 20,999 in Jun 2022. Currently, BSE Mid Cap Index is at 24,170 i.e. down by around 11% from its peak of Oct 2021, where as many mid cap stocks are down by 20% to 70% from their peak prices.

Similarly, BSE Small Cap Index all time high is of 31,304 (made in Jan 2022), later during correction it made low of 23,304 in Jun 2022 and was down by 25.7%. Today, BSE Small Cap Index closed at 27,372 and is down by nearly 13% from its peak of Jan 2022, where as many small cap stocks are down by 30% to 80% from their peak prices.

“The first rule of investment is ‘buy low and sell high’, but many people fear to buy low because of the fear of the stock dropping even lower. Then you may ask: ‘When is the time to buy low?’ The answer is: When there is maximum pessimism.”
Sir John Templeton

Special Report - 5 Value Picks to Buy / Accumulate - Released on 12 Feb 2023

Post significant correction in small and mid caps, we reviewed our past recommendations released under Value Picks of last 3 years and short listed 5 Value Picks stocks which offer good long term investment opportunity and have potential to give excellent returns on your investment during next 2 – 3 years. These stocks are covered in our Special Report - 5 Value Picks to Buy / Accumulate which we released on 12 Feb 2023.


While short listing 5 stocks under Value Picks, we evaluated each company on the basis of I-B-M-V-E-D parameters (Industry, Business, Management, Valuations, Earnings Growth & Debt Management) and rated every parameter using a rating scale – E,V,G,F,P (E=Excellent, V=Very Good, G=Good, F=Fair, P=Poor)

One of the important key to successful investing is to pick the right business at decent valuations. We finalized these 5 stocks with a long term view (2-3 years) and find them better over other Value Picks stocks in terms of valuations, earning visibility, debt management and integrity of promoters towards their business and interest of minority shareholders.

The 5 Value Picks stocks which we finalized have a market capital in the range of 1800 crores to 9800 crores and seen a price correction between 20% to 65% from their peak (made is 2021 - 2022) without any major change in business fundamentals. We believe these stocks will outperform giving much better returns compared to broader indices in medium to long term. We advised our members to add these Value Picks in their portfolio with long term view. We suggested to start investing in these 5 Value Picks stocks with initial allocation of 1-2% and increase allocation gradually to 3-4% in staggered way in case stock prices of these companies falls by another 10% to 20% or more during ongoing market correction.
Important parameters which we looked into while finalizing stocks are as under:

1. Industry – Operating in Industry / sector which is expected to grow > 10% CAGR during next 3 years
2. Business – Leadership position in the business or one of its business segment in certain geography
3. Management – Prudent & trustworthy management keeping interest of minority share holders
4. Valuations – Reasonable / attractive valuations compared to peer group companies
5. Earnings – Consistent past performance & strong earning visibility with planned / recent expansion
6. Debt Management – Company is able to generate cash flows with low or reducing debt on books

If you wish to receive our Special Report - 5 Value Picks Stocks to Buy / Accumulate, you can subscribe to our Value Picks service

Special Report - 5 Hidden Gems to Buy / Accumulate - Released on 29 Jan 2023

We also released another Special Report - 5 Hidden Gems Stocks to Buy / Accumulate on 29 Jan 2023 covering small cap stocks. The 5 Hidden Gems stocks which covered in this report have a market capital below 700 crores and seen a price correction between 20% to 60% from their peak (made is 2021 - 2022). 

There is no major change in the business fundamentals of these companies, however stock price fell initially due to profit booking and later because of weak market sentiments. These stocks are expected to outperform giving much better returns in the long term. Hence, we suggested our members to add these stocks in their portfolio with long term view (2 to 3 years at least). We suggested our members to start investing in these 5 Hidden Gems stocks with initial allocation of 1-2% and increase allocation gradually to 3-4% in case of further fall in stock prices. Its always wise to accumulate stocks in staggered manner as stock prices remain weak during bear phase of the market and give good opportunities from time to time to accumulate them at lower levels.
Click here to know more about Special Report - 5 Hidden Gems to Buy / Accumulate. If you wish to receive Hidden Gems Special Report, you can opt for annual subscription of Hidden Gems service,

If you have patience and want to add extra power in your portfolio, start investing some portion of your savings in fundamentally strong small and mid cap companies - Hidden Gems and Value Picks.

Moreover, if you have invested in stocks and believe that your investments are not performing well, subscribe to our Wealth-Builder service and get your portfolio reviewed by us. We will review fundamentals of the companies you are holding and guide you which stocks to hold and which to exit. We will also review your equity investments across sectors and companies to ensure that your portfolio allocation is right and outperforms major indices giving you better returns in medium to long term.

Start building your equity portfolio by making educated investment decisions, subscribe to our Hidden GemsValue PicksWealth-BuilderNano Champs annual subscription services.

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Friday, March 10, 2023

Act Before 11.59 PM Today to Grab Best Discounted Price!

Dear Reader,

Finally, time has come to say Goodbye to celebrations of colours with end of Saral Gyan Holi Dhamaka Offer 2023, our offer will close today at 11.59 PM. We are thankful to our readers for giving overwhelming response to our offer by joining our services at best discounted prices and also grabbing valuable freebies. We will close our offer mid night today, if you are still thinking to join, Act Now! Our ongoing offer will disappear from our website on 11 March 2023.

Since 2010, Saral Gyan team has published hundreds of articles providing insight to equity market and today cherish association of more than 40,000 readers. Articles published on our website received lot of appreciation as it helped our readers to make educated and smart investment decisions based on facts.

During past 12 years, we launched suitable services to help Investors to create wealth by investing in Indian stock market. Its appreciation and support of our readers that one of our most admired service - Hidden Gems ranks on top not only in performance but also on Google search engine. Try it out yourself by searching "Unexplored Multibagger Small Caps" or "Hidden Gems SIP" on Google, you will find our website www.saralgyan.in featuring on top in search results. Its your appreciation and word of mouth publicity which make our website featuring on 1st position in Google.


We decided to pass on the maximum benefits by offering great savings and valuable freebies under Saral Gyan Holi Dhamaka Offer 2023Attractive discounts & valuable freebies which make our offer special for our readers are as under:

1. Discount up to 30% on combo pack subscription (valid up to 10 Mar'23 only)
Discount of 10% on individual services, and up to 30% on Combo packs

2. Portfolio of 10 Small & Mid Caps for FY223-24 (to be released on 1st Apr'23)
Applicable under Hidden Gems / Value Picks / Wealth-Builder subscription

3. Special Report - 5 Hidden Gems to Buy / Accumulate (Released on 29 Jan'23)
Applicable under Hidden Gems subscription only - Read More

4. Special Report - 5 Value Picks to Buy / Accumulate (Released on 12 Feb'23)
Applicable under Value Picks subscription only - Read More

5. Existing Portfolio Health Check Up (Review of existing stocks)
Applicable under Wealth-Builder subscription only

Below table indicates subscription services and discounted prices valid up to 10 March 2023.

SARAL GYAN
SUBSCRIPTION SERVICE
HOLI DHAMAKA OFFER
ANNUAL SUBSCRIPTION PRICE
PAY VIA CARD
(3% CHARGES EXTRA)
Hidden GemsRs. 14,000 12,600 (10% OFF)
Value PicksRs. 8,000 7,200 (10% OFF)
15% @ 90 DaysRs. 5,000 (No Discount)
Wealth-BuilderRs. 28,000 25,200 (10% OFF)
Combo 1: HG + VP + WB + 15%Rs. 55,000 38,500 (30% OFF)
Combo 2: HG + VP + 15%Rs. 27,000 21,500 (20% OFF)
Combo 3: HG + VPRs. 22,000 18,500 (16% OFF)
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Simply choose the subscription service / combo subscription you would like to opt and click on SUBSCRIBE! link in above table to make online payment using your debit / credit card.

We are glad to inform you that 65 Hidden Gems stocks out of 102 (till Dec 2020) during last 12 years have given more than 100% returns to our members. Moreover, 24 stocks out of these 65 are giving returns in the range of 400% to 9900%. In fact, we advised to book partial or full profits / exits in many of these stocks during last couple of years.

Below are some of the Hidden Gems stocks released by our team which became multibaggers during last 12 years. As we made most of these reports public, you can access our research reports by clicking on the stock name or download our report by clicking on Download link:
 
 SERVICE NAME  COMPANY NAME RELEASE DATE  MULTI-BAGGER  OLD REPORT 
 HIDDEN GEMS
05 Sep 2010
10-BAGGER
 HIDDEN GEMS
07 Nov 2010 
  5-BAGGER
 HIDDEN GEMS
27 Mar 2011
37-BAGGER
 HIDDEN GEMS
30 Aug 2011
7-BAGGER 
 HIDDEN GEMS
27 Oct 2011 
13-BAGGER
 HIDDEN GEMS
24 Dec 2011 
28-BAGGER
 HIDDEN GEMS
31 Mar 2012 
9-BAGGER
 HIDDEN GEMS
05 Aug 2012 
11-BAGGER
 HIDDEN GEMS
30 Oct 2012 
8-BAGGER 
 HIDDEN GEMS
30 Oct 2012 
29-BAGGER
 HIDDEN GEMS
25 Dec 2012 
6-BAGGER
 HIDDEN GEMS
31 Jan 2013 
8-BAGGER
 HIDDEN GEMS
01 Jan 2014 
65-BAGGER
 HIDDEN GEMS
31 May 2014 
5-BAGGER
 HIDDEN GEMS
29 Jun 2014 
6-BAGGER
 HIDDEN GEMS
29 Jul 2014 
11-BAGGER
 HIDDEN GEMS
28 Dec 2014 
5-BAGGER
 HIDDEN GEMS
22 Mar 2015 
5-BAGGER
 HIDDEN GEMS
05 Jul 2015 
6-BAGGER
 HIDDEN GEMS
11 Oct 2015 
5-BAGGER
 HIDDEN GEMS
10 Apr 2016
5-BAGGER
 HIDDEN GEMS
08 May 2016 
8-BAGGER 
 HIDDEN GEMS
29 Jan 2017 
3-BAGGER
 HIDDEN GEMS
30 Aug 2017 
5-BAGGER
 HIDDEN GEMS
03 Jun 2018 
3-BAGGER
 HIDDEN GEMS
12 Dec 2018 
5-BAGGER

We also suggested our members, which earlier recommended Hidden Gems stocks can be added more in their portfolio based on company's strong fundamentals. Ex: Mayur Uniquoter, Cera Sanitaryware, Wim Plast, Camlin Fine Chemicals, Balaji Amines, Acrysil, Kovai Medical, Roto Pumps, Atul Auto, Control Print, Sahyadri Industries, Pondy Oxides, Visaka Industries and Stylam Industries were some of the stocks which we recommended to our members to accumulate later also at higher price from our initial recommended price. Also some of the stocks like Anil Ltd, PNB Gilts, Fiberweb etc which not performed up to our expectations have been suggested to exit at an early stage.

Time has shown that smart investors have made their fortune by investing in equities in long term. None other asset class can match giving you such extra ordinary returns. Yes, its important for you to invest in right set of companies at right price. Remember, "If you want your Money to Grow, Equities is the only Way to Go" in long term. If you think to invest in stocks for period of 6 months to 12 months, we suggest you to stay out of stock market because you are not investing, you are betting on volatility of stock market which could be risky.

Its our mission to ensure that you reap the best returns on your investment, our objective is not only to grow your investments at a healthy rate but also to protect your capital during market downturns. We are confident that we will continue to hunt best Nano Champs, Hidden Gems and Value Picks from universe of micro, small & mid caps by doing authentic, in-depth and unbiased research work and support our members to make educated investment decision.

Through Nano ChampsHidden Gems and Value Picks, we are providing you opportunities to invest in such micro, small and mid cap stocks today. Infosys, Dabur, Glenmark, Bajaj Finance were the small cap stocks in past and today are the well known companies falling under mid and large cap space.
 
Nano Champs Hidden Gems Value Picks Wealth-Builder
If you wish to invest in fundamentally strong micro, small and mid cap companies which can give you far superior returns compared to major indices like Sensex or Nifty in long term and help you creating wealth, you can join our services like Nano ChampsHidden GemsValue Picks & Wealth-Builder.

The stocks we reveal through Nano ChampsHidden Gems & Value Picks are companies that either under-researched or not covered by other stock brokers and research firms. We keep on updating our members on our past recommendation suggesting them whether to hold / buy or sell stocks on the basis of company's performance and future outlook.
 
Moreover, under our Wealth-Builder service, we encourage our members to replicate our Wealth-Builder portfolio by investing in selective high quality small and mid cap companies. We believe, investing in Wealth-Builder portfolio with regular portfolio review from our end can help you achieve market beating, very good returns over a longer team and help you take care of yourself and your family needs, which ultimately lead to a healthy and wealthy life after retirement.

Below are the details of our services:

1. Hidden Gems (Unexplored Multibagger Small Cap Stocks): Based on fundamental analysis, our equity analysts release one Hidden Gem research report every month with buy recommendation and share it with all Hidden Gems members. Stock finalized as Hidden Gem belongs to small / micro caps space with market cap of less than 500 Crores, expected returns from Hidden Gems is nearly 90% to 100% in period of 12 - 24 months. Once target is achieved, we inform our members whether they should continue to hold the stock or need to do partial / full profit booking. If fundamentals are intact and valuations are reasonable, we suggest to continue to hold the stock for long term for multibagger returns. Annual subscription charge of Hidden Gems is INR 14,000 12,600 under which you will receive total 10 to 12 Hidden Gems research reports over a period of 12 months. Click here to read more about Hidden Gems.

2. Value Picks (Mid Caps with Plenty of Upside Potential): Our equity analysts team consider Warren Buffet approach to short list stocks from mid cap segment as Value Picks. Market cap of Value Pick will range from 1000 crores to 15,000 crores. Holding period of Value Picks is 12 - 24 months and one can expect returns of 40-60%. Annual subscription charge of Value Picks is INR 8,000 7,200 under which you will receive total 10 to 12 Value Picks research reports over a period of 12 months. Click here to read more about Value Picks.

3. 15% @ 90 Days (Buy to Sell Stocks for Short Term Gain): Based on technical analysis, our team recommends one stock every month to our members. It’s a short term call under which you can expect returns of 15% within period of 90 Days. Annual subscription charge of 15% @ 90 Days is INR 5,000 under which you will receive 10 to 12 stock recommendations. We suggest lower allocation in 15% @ 90 Days stocks and higher allocation in Hidden Gems and Value Picks which are our portfolio stocks based on fundamental analysis. 15% @ 90 Days stocks recommendations are based on buy to sell and gain strategy, hence we suggest our members to book complete profits once target is achieved and exit in case target is not achieved or stock has broken its 2nd support level as per report. Click here to read more about 15% @ 90 Days.

4. Wealth-Builder (An Offline Portfolio Management Service): Wealth-Builder is our model portfolio of Rs. 10 lakhs and currently we are holding around 16 stocks in our portfolio. We suggest higher allocation in our Wealth-Builder stocks which includes best of our Hidden Gems and Value Picks released during last couple of years. Our team suggest all our Wealth-Builder members to invest in the stocks which are part of our Wealth-Builder portfolio. Every month our team updates our Wealth-Builder members which stocks they need to buy / sell / hold with % allocation of these stocks in their portfolio, the suggested changes need to be replicated in the same proportion. Annual subscription charge of Wealth-Builder is INR 28,000 25,200 under which you will receive total 10 - 15 portfolio updates. We also review existing equity portfolio of our members and advise them which stocks to hold and which to exit based of fundamental analysis under Wealth-Builder service. Our Wealth-Builder service is suitable for those investors who have an existing portfolio of at least 2 to 3 lakhs or planning to invest similar amount or more in equity market. Click here to read more about Wealth-Builder.

5. Nano Champs (Deeply Undervalued & Undiscovered Micro Caps): Under Nano Champs service, we research on micro cap stocks with market capital of less than 100 - 120 crores, the investment horizon is 3 to 6 years with objective to achieve 10x returns in long term (6 years or more). As micro caps involves higher degree of risk compared to small and mid caps, we provide a diversified basket of 10 Nano Champs in our half yearly report. Moreover, as these are very small sized companies, the maximum investment allocation in each Nano Champs suggested is 1 percent of equity portfolio, hence maximum allocation of 10 percent to 10 Nano Champs. Annual subscription charge of Nano Champs is INR 12,000 10,800 under which you will receive total 2 reports (every 6 months) and ad-hoc updates (if any) over a period of 12 months. Click here to read more about Nano Champs.

We do update our members in terms of profit booking / exits depending upon various factors like overall Industry / Sector outlook, fundamentals of the company, management action plan and annual performance in terms of top line, bottom line, operating margins and other important parameters. 

Do not miss the opportunity to avail maximum discounts and valuable freebies. Hurry! Its last day, offer will disappear on 11th March 2023. 

Do write to us in case of any queries, we will be delighted to assist you.

Wishing you Happy & Safe Investing!

Regards,
Team - Saral Gyan.