Of balance sheets and Tea !
I just watched the future of the Magazine. It is mouth watering. Take a look before going forward.Mag+’s version of the magazine I attended the con call yesterday and there seems to be a bit of confusion in what MPS is doing. In reality, its actually very simple. Its just that we seem to want…
Read More“ The last few years performance was attractive, but what we could deliver may truly be exciting.” Welcome to MPS 2.0 When technology disrupts an industry there is major chaos, and where there is large spread chaos, there is opportunity. More than anything else, it matter which side of the disruption you are on. MPS…
Read MoreMPS has completed another eventful year keeping in line its funda to keep its employee cost at 40% or lesser of the sales value. The standalone business has generated a PAT of 61.44 cr and its subsidiaries have generated 1.62 cr in profit. Very Impressive. The results can be down loaded from here – http://www.adi-mps.com/Investors/InvestorsOverview.aspx…
Read MoreToday was a particularly exciting day for MPS as they announced their Q3 results along with a second interim dividend of Rs 10 per share. They also passed an enabling resolution to issue securities for QIP upto 150 crores, The market, keeping in line with its eccentric reputation lived up to it by dropping the…
Read MoreI ran the following stock screen just for fun : M.Cap > 1000cr, PE<25, D/E<0.5, 3 year ROE>30%,ROE>40% and ROA>30%, and here is what i found : Suven Life Sciences, eClerx, Blamer Lawrie, MPS, TCS and Accelya Kale. What i ran were basically the current ratios of a company i greatly admire – MPS, and…
Read MoreThis is a follow up to my previous posts – http://biginvestorblog.com/?s=MPS MPS has been growing from strength to strength for the last 2 years. I got in on the stock at about 115 a share and the company has not disappointed since then. The company aside, I’ve really begun to admire Nishith Arora. He states his…
Read MoreInitiation Call http://biginvestorblog.com/2014/01/07/mps-initiation-dec-2012/ Q3 results discussion http://biginvestorblog.com/category/stock-ideas/mps-ltd-stock-ideas/ Nishith Arora has systematically turned around the business with ease and panache. He has framed rules of keeping employee expense under 40% of sales, done away with expensive locations, kept only Dehradun as the only option of expansion, concentrated on increasing services in the geographies he is already…
Read MoreVery often reputed companies get so burdened with their own ego and comfort zones that they begin to choke their margins unknowingly and if not rescued in time, die ! Some however meet people like Nishith Arora who not only bring these companies back to life, but make them super healthy. MPS has had…
Read MorePublishers Man Friday Major publishers shift concentration to content creation and outsource all allied functions to prep for the digital age. – DEC 2012 Over the 42 years of dominant presence, MPS has evolved to be a trusted partner of publishers at every stage of the publishing process. With publishers wanting to focus on real…
Read MoreUPDATES – DEC 2013 MPS has relocated a 400 staff to Dehradun and has a capacity of 1000 people without additional CAPEX. The cost arbitrage has already begun to kick in as this will be the centre for most of the new hires. There is no CAPEX required for the foreseeable future. R&D expenses on…
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