Apr 2022 Published on 08 Apr, 2022
Spotlighting Tarsons Products...
This month we place the spotlight on Tarsons Products Limited (Tarsons), a...
Apr 2022 Published on 08 Apr, 2022
This month we place the spotlight on Tarsons Products Limited (Tarsons), a...
Mar 2022 Published on 07 Mar, 2022
This month we place the spotlight on Ultramarine & Pigments Limited (UMP),...
Jan 2022 Published on 10 Jan, 2022
A basic takeaway of cashflow based valuation is that a longer a company...
Dec 2021 Published on 08 Dec, 2021
This month we place the spotlight on Galaxy Surfactants Limited, the...
Nov 2021 Published on 09 Nov, 2021
The degree to which a firm institutionalizes it’s systems & processes is...
Oct 2021 Published on 09 Oct, 2021
At Marcellus we use our proprietary Longevity Framework to rank companies on...
Sep 2021 Published on 09 Sep, 2021
The need of protecting portfolio value in a downturn is equally, if not more,...
Aug 2021 Published on 09 Aug, 2021
Alongside globalisation (see our July ‘21 newsletter), diversification has...
Jul 2021 Published on 09 Jul, 2021
Little Champs portfolio companies’ dominant position in their niche markets...
Jun 2021 Published on 08 Jun, 2021
Marcellus’ Little Champs portfolio witnessed revenue growth of 31% YoY and...
May 2021 Published on 08 May, 2021
This month we place the spotlight on Fine Organic Industries Limited, by far...
Apr 2021 Published on 09 Apr, 2021
This month we place the spotlight on Amrutanjan Healthcare, the second largest...
Mar 2021 Published on 09 Mar, 2021
Marcellus’ Little Champs portfolio witnessed revenue growth of 10% YoY and...
Feb 2021 Published on 08 Feb, 2021
This month we place the spotlight on Mold-Tek Packaging, a leader in supply of...
Jan 2021 Published on 09 Jan, 2021
After witnessing steep declines over CY18 and CY19 and continued woes in 1QCY20...
Dec 2020 Published on 08 Dec, 2020
Unlike their peers, Little Champs portfolio witnessed a healthy recovery in...
Nov 2020 Published on 09 Nov, 2020
This month we place the spotlight on Alkyl Amines, a leading manufacturer of...
Oct 2020 Published on 08 Oct, 2020
This month we place the spotlight on another portfolio company, V-Mart Retail,...
Sep 2020 Published on 08 Sep, 2020
As expected, 1QFY21 was a tough quarter for the earnings of most Little Champs...
Aug 2020 Published on 10 Aug, 2020
In this month’s newsletter, we disclose the stock specific holdings in...
Jul 2020 Published on 08 Jul, 2020
The Little Champs portfolio delivered a PBT growth of 1% in FY20 (compared to...
Jun 2020 Published on 08 Jun, 2020
An analysis of BSE Smallcap’s performance over CY10-19 indicates that sharper...
May 2020 Published on 06 May, 2020
The historical underperformance over extended periods (2005-19 and 2005-17) of...
Apr 2020 Published on 07 Apr, 2020
We see limited impact of COVID-19 on Little Champs’ fundamentals beyond the...
Mar 2020 Published on 08 Mar, 2020
In our February 2020 newsletter we had highlighted the 22% rally in the BSE...
Feb 2020 Published on 10 Feb, 2020
After falling by about 39% from its January 2018 peak to its August 2019...
Jan 2020 Published on 18 Jan, 2020
Given that each year 60 companies enter the BSE500, there are indeed strong...
Dec 2019 Published on 21 Dec, 2019
45% of the stocks which were in the BSE500 ten years ago have exited the index...
Nov 2019 Published on 21 Nov, 2019
‘Niche’ focused players have been the biggest wealth creators in India over...
Oct 2019 Published on 18 Oct, 2019
Given that each year 60 companies enter the BSE500, we can see that there are...