Chairman Nilesh Patel Increases Stake with ₹42.46 Lakh Investment

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Business Overview – Premier Roadlines Limited, founded in 2008, specializes in logistics solutions, focusing on land transportation of goods ranging from 1 MT to 250 MT across India. The company provides general transportation services, project logistics, and oversized/overweight cargo transportation.
Recent Filings – Company received an order worth ₹5 Cr from a leading Company in Defense Sector for transportation of goods, marking the company’s entry into this critical industry, to be executed in 1 year.
Outlook –
Company to utilize IPO proceeds for growth, repayment of debt, strengthening the balance sheet, and reducing finance costs.
Company holds expectations of maintaining sales growth and increasing EBITDA in FY25 and FY26.
Looking to expand fleet rental services, already acquired two hydraulic, two pullers, and 18 axles.
Following recent quarter results, Company fulfilled 26,460 orders, served 940 customers with average revenue per order at INR 86,373, and thereby targeting a revenue growth of 31% each year for FY ’25 and ’26.
Price Chart since listing –

Business Overview – Vilas Transcore specializes in producing and supplying power distribution and transmission components, including CRGO cores and coils. Their products are designed for power and distribution transformers, as well as current transformers, serving both domestic and international markets. They focus on meeting industry standards with advanced technology to ensure precision and quality. The company’s revenue predominantly comes from CRGO Electrical Lamination, accounting for 82.5% of its total revenue. Other revenue sources include Transformer Core at 5%, Insulation Craft Paper at 0.5%, CRGO Electrical Steel in Coils at 9.5%, and Scrap and Others at 2.5%.
Recent Filings – Mr. Nilesh Jitubhai Patel, the Chairman and Managing Director of the company, purchased 10,000 shares at INR 425 each, totaling an investment of INR 42.46 lakhs.
Outlook –
The capacity will increase 3x, from 12,000 MTPA to 36,000 MTPA, by the end of Q3 FY25.
Post-expansion, VTL is aiming to increase its market share by 4%, targeting growth of around 1.5 times.
Expected growth of 35%-40% in coming year.
Price Chart since listing –

Business Overview – Concord Control Systems Limited manufactures railway coach products and electrification components for Indian Railways. As an RDSO-approved vendor, their offerings, including Inter-Vehicular Couplers, Emergency Lighting Systems, and Battery Chargers, meet required standards. The company’s advanced laboratory and technology ensure high quality and reliability. Coaching Products contributes to about 90% of the business and the rest 10% is contributed by Traction products.
Recent Filings – The Board of Directors has sanctioned the issuance of 320,000 equity shares priced at INR 1,570 per share, amounting to INR 50 crore. The subscribers include Ashish Kacholia, Asha Mukul Agrawal, and Everest Finance and Investment Company.
Recent Outlook –
The company targets a 40% to 50% CAGR in revenue over the next 3 to 5 years.
The company targets a 40% to 50% year-over-year revenue growth for FY25.
The company intends to keep its EBITDA margins between 23% and 25%.
The company is focusing on ESG initiatives and developing products in hydrogen and battery technologies.
2Y Price Chart –

Coverage Date	Company	LTP on Coverage Date	Current LTP	% change since coverage	Recent Filings
1/08/24	PNGS Gargi Fashion Jewellery Ltd.	₹841	₹860	2.3%	EXCELLENT RESULTS For Q1 FY24, sales surged 2.1x YoY to INR 13.7 Cr (INR 44 Cr under FOFO model), with profit before tax up 93% to INR 2.9 Cr.(01st August)
08/08/24	PG Electroplast Ltd.	₹423	₹520	22.9%	ORDER On August 5, 2024, the company allotted 6,56,000 equity shares to the ‘PG Electroplast Limited Employees Welfare Trust’ under the 2020 Employee Stock Options Scheme.(08th August)
13/08/24	Hi-Tech Pipes Ltd.	₹162	₹193	19.1%	GOOD TO EXCELLENT RESULTS For Q1 FY24, sales rose 35% YoY to INR 867 Cr, with net profit up 2.3x to INR 18 Cr. QoQ, sales increased 27%, and net profit jumped 64%. (13th August)
14/08/24	Bondada Engineering Ltd	₹3250	₹717	4.1%	ORDER For Q1 FY24, sales surged 2.2x YoY, and net profit jumped 3.6x. QoQ, sales were flat, while net profit declined 26%. (14th August)
8/07/24	Dynamic Services & Security Ltd	₹276	₹717	-2.9%	Share Repurchase Agreement The company has agreed to repurchase 49% of Nacof Nithin Sai Green Energy’s shares from an existing shareholder.

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