Jhandewala food limited inside

Jhandewala Foods : CMP 60/- Market Cap : 62 Cr

JFL belong to a family of 4th generation player who has more than 125 years of experience in selling Ghee . Over the years the company has expanded its portfolio from being  a single product player to a diversified FMCG company. The company's current product portfolio includes desi ghee, Godhenu Cow Ghee, Naman’s Gold Ghee, Poha, Mangodi, Daliya, Boondi Raita, Saffron, Papad & Polki Refined Groundnut Oil etc.


As per FY17 numbers, the company has posted topline of INR 1.48 bn with EBITA of INR ~89mn with PAT of INR 22.5mn.


Strong presence in Rajasthan: The company has strong presence in Rajasthan with presence of 11000 retail stores with close to 400 distributors in the state. The company is now expanding into newer geographies like NCR, Gujarat & Jammu kashmir etc. The company has also started exporting to middle east in small manner.

Market share to increase going forward: In the ghee segment, the company has presence close of  4 pc market share in the state which is largely controlled by unorganised players, (70 pc share controlled by unorganised players) we believe JFL with its strong brand presence, attractive pricing point (basic ghee sold at lower than leading players like amul despite of better quality due to better operational efficiencies is in sweet spot to gain market share from unorganised players. We believe with increasing  shift towards organised  play due to improve lifestyle, change in business dynamics due to GST, counter feiting measures by Government. The company is poised to gain higher market share and likely to witness good growth rate.


Lower SNF butter fat prices : The company procures 80 pc of its raw material from Rajasthan and UP which has excess supply of milk and it would lead to lowering of input prices and steady supply of raw material prices.


Ground nut oil segment to drive growth : The company has entered into  We believe company dont have to sell much on distribution network as network of oil and ghee are almost same. The company can leverage its strong presence in ghee to built up its clients base and lower distribution expenses. The company has hired top personal from a leading FMCG company to lead its FMCG division. The management is expecting atleast 100 crores sales from ground nut oil segment by FY20.


Strong and Professional team: The company has been managed by strong and professional managed team despite being a smaller but growing player in segment. The company has hired ex CEO of Amul Dairy as consultant to drive its Ghee business.


New products: The company has diversified and entered into new segments like Poha, Papad, Saffron and Mangodi etc. As per management, they are selling 3  million packs of Poha only in Rajasthan and rest of the products are also accepted by market very well. The company is targetting INR 50 crores by FY20 from INR 15crores in FY17 respectively.



Margins : We believe margins to remain stable in FY19 due to expenses in ground nut oil segment and likely to gain by 200 bps in FY20 respectively. We are estimating margins to touch 8 -8.5 pc by Fy20 respectively.


Valuation: We believe company can deliver healthy growth rate going and revenue to touch INR 350 crores and Ebidta of INR 25 crores and Pat of 12 crores in FY20 respectively. We believe company can be valued at 1.5x Fy20 revenues and can achieve market cap of 525 crores at those levels and can touch 500 plus in next 2 years.

Reasons behind kwality limited stock fall

KUMAR:
🍁UPDATE: KWALITY LTD

1) _FY18 PAT plunged to 71 Cr Vs 164 Cr Y oY._

2) Promoter played really dirty. *Made substantially low income tax provision in 3 quarters showing false higher PAT*. With full provisioning in Q4, full year profits nosedived

3) Stock is Re 1 FV, not cheap

4) Denofwealth will not be surprised if FY19 profits fall further

HENCE ADVISE TO STAY AWAY

*BAD QUALITY: KWALITY Ltd*

Originally Recommended to sell @115-125 levels last year, Denofwealth had anticipated that buy back proposal will not be approved in Board meeting on 20th June. And we proved correct. Now Board meeting is postponed for 3rd July

Promoter has been in controversies earlier also. Unilever had to file court case to restrain co from using Kwality brand for ice-cream
Promoter has reduced his stake
Annual topline of 6700 Cr by selling milk/products appears too good to be true

*Finally Ghar mein Nahin daane, Amma chali Bhunane. Kwality has anuual interest burden of 233 Crores. Whom Promoter is trying to fool that co has surplus money for buyback of shares?* We are sure buy back will never happen. It is just a ploy to prop up stock price
*Promoter appears to be having Kwality of a Crook*

Voltages in transistor

Definition :
1) Threshold Voltage : The threshold voltage commonly abbreviated as Vth or Vgs of a field effect transistor (FET) is the minimum gate-to-source voltage differential that is needed to create a conducting path between the source and drain terminal.

2) Withstand Voltage : This is defined as the voltage which produce the loss of dielectric strength of an insulation. descriptive discharge voltage is a voltage at which the electrical stress in The insulation causes a failure

3) 100℅ flashover voltage : The voltage that causes a flash over at each of it is application under specified conditions, when applied to test objects as specified. this is known as 100% flashover voltage.

4) 50% flashover voltage : this is the voltage which has may be 50% flashover, when applied to a test object.

5) AC Test Voltage :  Alternating test voltage of power frequency should have a frequency range of 40 to 60 Hz and should be approximately sinusoidal.

6) Creeping Distance : It is shortest distance on the contour of the external surface of the insulator unit

7) Impulse Voltage : impulse voltages are voltage which are characterized by peak value time to front and time to half the front and time to half the peak value after the peak.

8) Discruptive Discharge Voltage : this is defined as the voltage which produces the loss of dielectric strength of an insulation. Discruptive discharge voltage is a voltage at which the electrical stress in The insulation causes of failure

Mutual fund new categories

New Categories for Equity Mutual Funds & Where They Will Invest


•  Multi Cap Funds: 

These schemes will continue to invest across largecap, midcap and smallcap stocks. They are mandated to invest a minimum of 65 per cent of their total assets in stocks.

•  Large Cap Funds: 

The largecap category of funds will also continue to invest in large cap stocks. But the minimum investment in largecap companies should be 80 per cent of the scheme’s total assets. These schemes invest in large-sized companies and thus carry lower risk than small and midcap schemes. Largecap schemes offer modest returns.

•  Large and Mid Cap Funds: 

This is a new category introduced by Sebi. These schemes will invest in both largecap and midcap stocks. These schemes would invest at least a minimum of 35 per cent in largecap companies and 35 per cent midcap companies.

•  Mid Cap Funds: 

As the name suggests, these schemes will predominantly invest in mid cap stocks. This category would invest at least 65 per cent of their total assets in midcap stocks. These schemes bet on mid-sized companies and carry a little extra risk as these companies may or may not realize their full potential. If they do, these schemes give great returns.

•  Small Cap Funds: 

These schemes will invest primarily in smaller companies. The minimum investment in the small-sized companies should be 65 per cent of the scheme’s total assets. These funds invest in small companies. These companies can be extremely risky. However, they can also offer phenomenal return.

•  Dividend Yield Funds: 

This is a new category introduced by Sebi. The schemes under this category will invest in dividend yielding stocks or stocks that pay periodic dividends.

•  Value Funds: 

The schemes in this category will follow the value style of investment. These schemes are mandated to maintain a 65 per cent allocation to equities. Value investment style is where the fund manager bets on stocks that he/she believes are undervalued.

•  Contra Funds: 

These schemes will follow the contrarian investment strategy and have a minimum 65 per cent allocation to equities. In the contra style of investing, the fund manager takes a contrarian view.

•  Focused Funds: 

These schemes will invest in a maximum of 30 stocks. The scheme would mention which market cap it tends to focus (multicap, largecap, midcap, smallcap).

•  Sectoral/ Thematic Funds: 

These schemes, as the name suggests, will invest in a particular theme or a sector. These schemes will have to invest a minimum 80 per cent of their assets in equity. Sectoral or thematic funds are generally considered risky for retail investors because their fortunes depend on the performance of a particular sector.

•  ELSS (Equity Linked Saving Schemes): 

ELSSs are tax-saving mutual fund schemes with a lock-in period of three years. Their minimum investment in equities should be 80 per cent of the total assets.

Based on the above, some fund schemes have been merged, some have changed names, and some have been closed.

How to repair earphone; Headphone

For some, on the off chance that they were going to break their earphones or to have some sort of lack at that point, they would think of it as no major ordeal by any means. While nobody likes to be without their earphones, burning through $15 or $20 on a couple of earphones is no major ordeal for a great many people. Hell, it's what they spend on a couple some espresso at their nearby bistro every week, so spending it on new earphones that will last them a couple of months or more appears like no major ordeal by any stretch of the imagination.

In any case, not every person runs the thriftier course with their earphones. Some spend a lot of cash, in the several dollars, to get the best quality earphones that they can get. While a few of these models accompany service agreements, not every one of them do, and not every one of them cover each sort of break or harm that can happen. This means if your headset is broken, you may just be stuck between a rock and a hard place.

That is not a simple pill to swallow for some individuals, and justifiably so. In the event that you burned through $300 on your earphones you don't simply hurl them aside; you settle them!

The issue is that numerous spots you go to may charge you $200 or more to settle your earphones. This as a cost that you should not have to pay on the off chance that you completed a little homework all alone first. On the off chance that your earphones are broken, here are a few things you know how to settle your earphones.

Here are some clever handy solution manage that you should need to peruse:

1. Headphone Repair

2. Headphones Not Working

3. Step by step instructions to reset samsung bluetooth headset

3 Simple Ways to Fix Your Headphones

Settling earphones by your self isn't that simple since it needs some specialized learning and experience. Along so we likewise realize that giving it a chance to be settled from the maker store is additionally costly it will extend from 100$ to 200$ which isn't perfect when you just purchased your new headset. That is the reason we have recorded some educational guide on helping you to unravel your issue with your busted earphone.

Stage 1: Assess the Problem

The primary spot to start is by making sense of precisely what is new with the earphones themselves. There is no sense on endeavoring to make sense of how to settle broken earphones on the off chance that you don't precisely recognize what's happening. You don't have to begin tearing separated the earpieces if the issue is that the line is harmed somehow or another.

The most widely recognized issue that you will discover with your earphones is that there is where the link associates into your jack or where the link interfaces into the earpiece itself. The links enduring some sort of harm is additionally an essentially regular issue.

The best approach to survey this is by shaking the link a tad while you are tuning in to music or some other sort of sound. On the off chance that you find that the flag is coming in and out as you move the link this is undoubtedly an issue. You frequently can see spots where the link has moved toward becoming unstuck or extricated, or where electrical wiring is appearing. Complete an intensive examination on this before settling on some other choice.

On the off chance that there is an issue with one of the speakers in your earphone, this as a rule presents itself by sound coming through one earpiece however not through the other. For this situation you may have an awful speaker in the earpiece or there might be an issue with the link association inside that earpiece itself.

On the off chance that you are getting no solid by any means, and you have altogether checked the link to ensure that there is no issue with it, at that point we might take a gander at a significantly more major issue which we will address later.

Stage 2: If its a link issue

on the off chance that you find that it is an issue with the link itself, this can frequently be repaired by essentially applying electrical tape safely attached around the link itself. On the off chance that it is the place it associates into the jack, at that point ensure that the tape holds all around the link region, as well as onto the jack itself. The whole region ought to be safely secured and taped so that there is negligible to zero chance of it dislodging once more. The same is valid in the event that you have an issue where the link association with the earpiece.

In the event that the issue is identified with there being a cut in the wire, electrical tape can carry out the activity for you also. Basically wrap a bit of electrical tape around the string where the wire is appearing no less than 1 inch above and beneath the influenced zone. This will guarantee that the flag does not get lost as it is exchanging from your gadget to your earbuds.

In the event that the issue is an association inside the earpiece where the link has turned out to be free than electrical tape isn't the arrangement by any stretch of the imagination. What you have to do is to know how to settle earphones wire. The reason you can't utilize electrical tape is on account of the earpiece zone may not sufficiently offer space for you to have the capacity to do as such. You may need to get a patching iron and utilize a bit of weld to reconnect the earpiece to the link with the goal that it is safely secured once more. As a decent safety effort, you ought to likewise join electrical tape to the link and onto the earpiece to ensure that it doesn't move toward becoming ousted once more.

Stage 3: If it is Something More Serious

On the off chance that you have checked the cabling and discovered that that isn't the issue, at that point the issue is frequently connected with the earpieces itself. This happens in light of the fact that the speaker has turned out to be broken or there is only a total short out of the speaker.

This is a great deal trickier of a vocation to settle. The issue with it is that you have to discover a speaker substitution. This may require you going out on the web and hunting down an organization that offers speakers or earbud connections that can supplant your present one.

When you have gotten the substitution, you should connect it utilizing your patching iron. By associating the link to the new speaker using a bit of patch, you can make the sort of association that will ensure that your earphones work great as new.

In the event that you are endeavoring to ensure that you keep your earphones and don't need to burn through cash on another one, at that point these are the means you have to take after to settle your earphones yourself. With a little work without anyone else, and a tad of creativity, you can ensure that your earphones are in entire activity once more. It's extremely that straightforward for you to do.

You can regularly settle costly earbuds with somewhat weld

Next Project

step by step instructions to settle earphones

Fix costly earbuds by resoldering broken electrical associations. It's a brisk and simple process.


Fix the earbud 

Step by step instructions to Fix Earbuds

(i) Desolder first 

Wick up the old patch with desoldering plait for a new, new beginning. Discover it at a hardware store or on the web. Or on the other hand utilize a piece bit of light string to drench up the weld.

Shoddy earbuds are dispensable, yet don't hurl out a costly match. In the event that the issue is a broken association, you can settle them yourself with a fastening iron and hardware bind.

In the first place find the issue as you start a how to settle earphones venture. In the event that just a single speaker is misbehaving, the issue is likely the association in that earbud.

Utilize a little level sharp edge screwdriver to pry the earbud lodging separated. You may need to superglue the two sorts retreat when you're set. Search for a wire that is split far from the circuit board. In the event that you discover one, first evacuate the blob of old bind with desoldering interlace (from a hardware store) or an old bit of light rope. At that point resolder the free wire with .032-distance across gadgets weld.

Permit the welded association with cool and afterward test the earbud.

(ii) Fix the jack 

The most effective method to Fix Earbuds

Check the associations at the jack

Unscrew the plastic defensive barrel and search for a broken wire. In the event that you discover one, resolder it.

In the event that the earbuds still don't work, you may have a broken wire at the jack. Provided that this is true, resolder the broken wire.

In the event that neither one of the channels is working, the issue might be in the fitting or jack. Substitution jacks are accessible on the web or at a hardware store for under $5. Ensure you enable the patch to chill off before putting the bud in your ear.

Required Tools for this Project

Have the essential instruments for this DIY venture arranged before you begin—you'll spare time and disappointment.

(a) Little level cutting edge screwdriver

(b) Welding iron


Maintain a strategic distance from a minute ago shopping trips by having every one of your materials prepared early. Here's a rundown.

Desoldering plait

Hardware weld - .032-measurement

Superglue

How to repair charger

PDA chargers can be a somewhat fragile telephone need. They are comprised of an AC connector that is associated with a thin wire and an arrangement of adaptable prongs that embed into the charger port of your telephone. You may have a pet that can without much of a stretch bite through that wire or perhaps you stuck the charger into your telephone's port the wrong way. The wire can be frayed or broken totally or the prongs on the finish of the charger could without much of a stretch twist. Instead of spend the cash to get another charger, it bodes well to repair it at home.


Bowed Prongs 


Step 1 

View the prongs through an amplifying glass on the finish of the charger that is most distant from the AC connector divider plug, to precisely survey which are harmed.

Step 2 

Get the finish of a bowed prong with a couple of tweezers. Force the prong tenderly to a straight position. Rehash this for each bowed prong.

Step 3 

Test the straightness of the pins by tenderly squeezing the charger into the charger port of the telephone. The prongs of the charger should effortlessly coast into the mobile phone. Protection implies the prongs require all the more rectifying.

Broken or Frayed Wire 

Step 4 

Cut the rope with a couple of scissors if the rope is just frayed. Cut the battered edge off each side of the cut or if the wire was already broken. Each side of the cut or break ought to be free of stray wires and frayed protection.

Step 5 

Strip around an inch of protection from the two sides of the cut. This will uncover the wires.

Step 6 

Turn together the wires from each side of the cut. Match the shades of the wires on one side to the relating wires on the opposite side of the cut. Wire hues may differ contingent upon your telephone.

Step 7 

Wrap the uncovered wires snuggly with electrical tape.

Sensorless Vector control; Sensorless Vector control Vs V/f control

Variable frequency drive Sensorless Control

The variable recurrence drive designs of the sensorless control contain the accompanying extra capacities, which supplement the conduct as indicated by the parameterized V/f trademark.

Slip compensation

The heap subordinate distinction between the reference speed and the genuine speed of the 3-stage engine is alluded to as the slip. This reliance can be remunerated by the present estimation in the yield periods of the variable recurrence drive.

The enactment of Operation Mode for the slip remuneration empowers as speed control without input. The stator recurrence and speed are revised relying upon the VFD stack.

The variable recurrence drive slip pay is enacted amid the guided appointing. The Stator Resistance is required to guarantee a right capacity and is estimated amid the guided authorizing.

On the off chance that no guided dispatching is executed, the slip pay can be enacted physically. In these cases, enter the VFD esteem for the Stator Resistance physically as indicated by the engine information sheet.

The variable recurrence drive control conduct of the slip pay must be streamlined through the parameters on account of particular applications. The VFD parameter Amplification decides the rectification of the speed and the impact of the slip pay relatively to the difference in stack. Parameter Max. Slip Ramp characterizes the most extreme recurrence change every second keeping in mind the end goal to stay away from an over-burden on account of a heap change.

The VFD parameter Frequency Lower Limit decides the recurrence as from which the slip remuneration winds up dynamic.

Current limit value controller
Through a heap subordinate speed control, as far as possible esteem controller guarantees that the VFD framework isn't over-burden. This is reached out by the astute current points of confinement portrayed in the past section. As far as possible esteem controller decreases the heap on the VFD, e.g. amid increasing speed, by halting the quickening incline. The turn off of the variable recurrence drive which happens when the increasing speed slopes have been set at an exorbitant inclination is in this way avoided.

 

The variable recurrence drive control conduct of as far as possible controller can be set by means of the relative part, parameter Amplification and the coordinating part, parameter Integral Time. In the event that, in uncommon cases, advancement of the controller parameters is required, continue with the accompanying advances:

•               Change parameter Current Limit with a major advance, dissect the adjustments in the Scope.

•               For a more unique conduct increment Amplification or potentially diminish Integral Time.

•               For a less powerful conduct diminish Amplification and additionally increment Integral Time.

Behavior in motor operation:
On the off chance that the VFD current set by means of parameter Current Limit is surpassed, the initiated current point of confinement esteem controller will lessen the yield recurrence until the point when as far as possible is never again surpassed. The yield recurrence is decreased as a most extreme to the recurrence set by the parameter Frequency Limit. On the off chance that the present esteem dips under the variable recurrence drive Current Limit, the yield recurrence is raised back to the reference esteem.

Behavior in generator operation:
In the event that the VFD current set through parameter Current Limit is surpassed, the enacted current breaking point esteem controller will expand the VFD yield recurrence until the point when as far as possible is never again surpassed. The yield recurrence is expanded, as a most extreme, to the set Maximum Frequency. On the off chance that the current is underneath the variable recurrence drive Current Limit, the yield recurrence is decreased to the required reference esteem once more.

In a Scalar drive (V/Hz just), the drive releases a Voltage a Frequency as indicated by the speed you have chosen. In any case, the VFD has no clue regardless of whether that had the coveted impact on the engine and load; it does it's thing and trusts in the best. On the off chance that the heap ends up being more than the engine can deal with, the engine backs off, the slip increments and the engine pulls more present and makes more torque, yet this is a "messy" process, best case scenario. So basically the drive gives a yield, the heap makes a "blunder" in execution, yet the drive doesn't generally make a move. The final product isn't generally compelling.

In Vector control, the VFD utilizes input from the engine to see the blunder, at that point to decide the correct vector of voltage and recurrence to deliver precisely what is expected to adjust the mistake. It has a rapid processor to do the math and rapidly change the yield voltage and recurrence example to augment the torque and/or fix the speed control. Along these lines, you can work an engine at Breakdown Torque at any speed, even zero if vital.

Vector control can be proficient with outer input from encoders called Closed Loop Vector or Field arranged Control (FOC), as you are doing, or with what is called "Sensorless Vector Control" (SVC) or "Open Loop Vector Control". The two names are actually off base; there is dependably a sensor and it is constantly shut circle. Yet, the distinction is in that what is called SVC utilizes exceptionally delicate current sensors within the drive to observe precisely what is happening, and contrasting it with a scientific model it has made of the engine amid setup (the "tuning" methodology). The two techniques work fine, yet the SVC has one restriction; it can't watch the engine execution if the engine isn't moving, i.e. zero speed; like what you would need with a lift. FOC, where you have the encoder criticism, can do that.

So for you, Starting Torque will dependably be most astounding and repeatable with Vector control of any kind contrasted with Scalar control. On the off chance that you require it at Zero Speed since you are expecting to discharge a brake and you need full torque to start with, at that point you require FOC. If not, SVC will likely work fine and you won't require the encoder.