Get the September 2015 issue of Wealth Insight to read about dominant Indian companies that are profit-makers of their industries
28-Aug-2015 •Research Desk
At a basic level, the task of a business is to chase profits, and businesses which do that better than others prove to be winners for their shareholders and other stakeholders. The most famous example in the world is of course Apple, an American company that makes phones and computers. Apple captures 92 per cent of all profits made by the thousands of cellphone manufacturers around the world. Naturally, we asked ourselves, are there any Indian companies that are equally dominant profit-makers in their industries? The surprising answers and analysis in the cover story of Wealth Insight's September 2015 issue 'Profit Masters'
In our 'Company Tale' feature, we carry the in depth story of Just Dial, which, uniquely among Indian ecommerce companies, is listed as well as profit making.
We also continue with part two of our landmark interview with Thomas Russo, Investment Manager at hedge funds Gardner Russo & Gardner and Semper Vic Partnerships.
In Market Compass, read about companies where promoters have pledged large chunks of their stakes--and the associated risks. We also analyse institutional flows into stocks, as well as companies which might be having trouble servicing their debts.
In Analyst's Diary, read about 'Moneyless Profits', or companies where there is a mismatch between profits and cash flows from operations. Also read about the few bright spots that are shining in the gloom of real estate, and also the continuing problems in sugar.
Our regular columnists are here in this issue, with though-provoking views on issues that will impact your investments: Saurabh Mukherjea looks ahead and wonders which companies will be new entrants into the Sensex, Sanjeev Pandiya examines a puzzle about the sugar industry, and Devangshu Datta wonders at the puzzled that is the dichotomy between GDP growth and corporate profits. Anand Tandon looks ahead to the consumption boom that will be powered by the Seventh Pay Commission.
And of course, we also have other regular features like Stock Ideas in the issue.