Beruflich Dokumente
Kultur Dokumente
2016
Is Change Visible ?
2
2016
Changes that are happening in India
2016
Aadhar is Saving Money
Particulars Amount
4
* PMO Press Release 2016
Aadhar is Saving Money
5
2016
Aadhar is Saving Money
6
2016
Plugging Leakage in Subsidies
Urea sold in the country
has to be neem coated
8
2016
Focus on Efficiency
10
2016
Efficiency - LED Bulbs
LED Bulbs are energy efficient vs
Incandescent Bulb but were
expensive
FY 16-11 Cr LED Bulbs Distributed
Price brought down from Rs 350/-
in Feb 14 to Rs 50 /- in Aug 16
Annual Savings of Rs 5500 Crore
in FY 16
Target Distribution of 77 Crore
Bulbs by 2019 & Annual Savings of
20000 MW
11
Source : The Economic Times 16/8/2016 on PM Independence Day Speech
2016
Online Accountability
12
2016
Ujala goes to UK
13
2016
National Geography Picture
14
2016
India is Powered UP
15
2016
Coal Production
Increase in Coal Prodn. In mn tones
42.4
42 34.9
37
32
27 19.9
22
17
12 6.1
7
3.1 2.3
2
FY11 FY12 FY13 FY14 FY15 FY 16
17
2016
To Coal Surplus
18
2016
Railway- Lagged Behind
19
2016
Railway Investment
90000 Railway Capex
From 1500 KM in 10 Years to 3500 82192
80000 KM in 2 Years
70000 65798
60000
53782
50383
50000
45061
39672 40793
40000
30000
FY 10 FY 11 FY 12 FY 13 FY 14 FY 15 FY 16
20
Source : Indian Railway Budget Documents & ET 16/8/16 2016
Railway is Changing
21
2016
It Changed India
Golden Quadrilateral
Road Project
2016
DFC = GQ
2016
DMIC is icing on DFC
2016
DMIC is icing on DFC
2016
GST- Techtronic Shift
2016
GST- Techtronic Shift
Range of Tax for Individuals No of Average Tax
for Ass Year 2012/13 Returns Payable
Rs 5 Lacs to Rs 10 Lacs 240,000 Rs 6.8 Lacs
Rs 10 Lacs to Rs 25 Lacs 110,000 Rs 15 Lacs
Rs 25 Lacs to Rs 1 Crore 40,958 Rs 43.2 Lacs
Rs 1 Crore to Rs 50 Crore 5419 Rs 240 Lacs
Rs 50 Crore to Rs 100 Crore 8 Rs 73.80 Crore
Above Rs 100 Crore 3 Rs 145.70 Crore
Total 396,388 Rs 16.22 Lacs
2016
Procurement is tightening
30
2016
PM is on the move
32
Source: CSFB 2016
Demonetization- Game Changer
Plan A
Use the unreturned money for
Investment
Plan B
Expand tax net by tracking cash
deposits
Plan C
Increase the Multiplier Effect
33
2016
Demonetization- Game Changer
Currency in Circulation 12 % of GDP on Nov 8,2016
36 2016
Reforms Initiated
Attracting FDI
37 2016
UK in Late 70s was showing
Low Growth
High Inflation
High Unemployment,
Dominant Loss Making PSUs
Low Taxation Revenue
High Fiscal Deficit
38 2016
Reforms Initiated
Prime Minister made History by getting
elected for the First time ending 10 years of
Ruling Partys rule
Lowered Inflation by keeping Higher Interest
rates, Tight Liquidity and Fiscal Prudence
Achieved Fiscal Prudence by Improving
Quality of Public Spending
Downsized PSU domination by Disinvestment
including Strategic Sell of Assets
Pioneered the concept of Minimum
Government aka Small State & pushed for
39 Free Market 2016
Reforms Initiated
Reduced Corporate & Direct taxes to
encourage tax compliance & increased
Indirect taxes
Initiated Labor Reforms to get rid of Rent
Seeking
Deregulated Financial Sector for Growth and
Employment
Popularity Rating dropped significantly in
post election years
364 leading Intellectuals teamed to warn the
nation for impending disaster against the
40 policies of the New Government 2016
Markets Rewarded the Change
41
2016
Is India = Thatchers UK
UK elected Thatcher thrice
42 2016
Challenges Remain
43 2016
India is a continent
2016
Banking NPA Resolution
45
2016
Private Investment Revival
Debt
Approval Delays
High Interest Rates
Lack of Equity
Low Capacity
Utilization
46
2016
Job Creation
47
2016
Fiscal Profligacy is an Issue
48
2016
India: Market Outlook
49 2016
It Got sold over $ 110 million
50
2016
Will it lead to Moksh ?
Mutual EPFO,
Banks, Retail
FundsNPS
LICand &Private
HNIs Insurance
Private
FIIs PF Trust Cos
Flows Fundamentals
Sentiment
52 2016
India is Recognized
53
2016
Earnings should recover
2500
2005
2000
1668
1500 1356 1324 1360
1000
500
0
FY 15 FY 16 FY 17 E FY 18 E FY 19 E
54
Source: Motilal Oswal
Earnings are growing in pockets
BSE 200 FY15 FY16 FY17 E
No of Companies in double digit
growth 105 101 95
No of Companies in Negative growth 72 73 64
No of Companies in Positive growth 126 125 146
PAT Growth of com rep double digit
growth 21.8% 31.8% 84.4%
PAT Growth of com rep Negative
growth -34.3% -46.8% -18.2%
PAT Growth of com rep Positive
growth 16.3% 22.9% 42.1%
BSE200 Earning Growth -4.2% 0.4% 23.8%
IDFC Bank and CG Consumer has no previous year no for FY 15 and Turned
from Loss to Profit in FY 16 Source : Annual Report of Companies in BSE 200
55& Internal Estimate
2016
NIFTY to March higher
56
2016
High Profile IPO Listing
57
2016
Short Covering dont last
58
Stock picking is key
Unorganised Banks, Home Building, Retailing, Auto-
to Organised components, Textiles, Chemicals
Clean-Green
India Gas, capital goods, renewable power
Physical to
financial Insurance, banks, capital market companies
savings
59
Rupee can Depreciate
60 Source: Bloomberg
2016
During Market Correction in 2008
52 % Correction
61 % correction in Dolex
Due to expensive valuation
61
2016
Opportunities were there at Top
62
2016
Recommendation
Keep faith in India Growth Story
- China
64
2016
Risk
65
2016
Risk of Self Goal
NR216_2015
69
Thank You