The SOIC Podcast

By SOIC: School of Intrinsic CompoundingBusiness Investing

The SOIC Podcast episodes

May 08, 2023 Is this 3000 Bagger just getting started?? 🤔
“Move fast and break things. Unless you are breaking stuff, you are not moving fast enough.” —Mark Zuckerberg
Hi Investors! Those who are not afraid of taking bold steps often make mistakes but end up winning big with winning strokes 🙂
PI Industries has been a 3000 bagger but is it just getting started?
Today we bring you a business update on the PI Industries’ latest acquisition to enter the Pharma CSM business. Company had done a Rs 2000 Cr QIP in 2020 to acquire businesses to enter the Pharma space. However, due to high valuations they were unable to close any deals.
These recent acquisitions can be a game changer or will they take much time to scale up?
Enjoy this update podcast and we look forward to your feedback and learnings.
12 min
May 04, 2023 How to Find Multibaggers Stocks in Small & Mid Caps?? 🤔💰
“I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” —Warren Buffett
Hi Investors! Do you follow a Framework to Find Small & Mid Stocks?
Studies show us that the chances of a Large Cap quickly becoming an Ultra Large Cap are less than a Small & Mid Cap graduating to higher categories. This is what leads to a lot curiosity and frenzy among Retail Investors chasing such stocks.
However, blindly following trends on Twitter, Instagram, WhatsApp & Telegram can be very dangerous as you would have no idea why you are buying and when you need to sell. Today we bring you this very special podcast where we solve a key problem for Retail Investors. We will take a closer look at the strategy to be used, Triggers that can tracked and most importantly When and How to make selling decisions objectively.
This will truly make things simpler and make you a much more independent investor.
Hope you enjoy this video and awaiting your feedback and questions.

41 min
May 04, 2023 HDFC Bank vs ICICI Bank | Which One is Winning?? 🥊🥊
“Money equals business which equals power, all of which come from character and trust. “
—J. P. Morgan
Hi Investors! Are you ready for the Banking Battle Royale? 😄
HDFC Bank & ICICI Bank - 2 of the Largest Banks in India. They have always been pitted against each other since the birth of both banks. We have seen ICICI Bank as the major bank in past and later due to management issues it has faltered. HDFC Bank has taken an unassailable lead over all other private lenders including ICICI Bank.
However, recently there have been some changes in this story. ICICI Bank has woken up and is running fast to catch up to the champion. In this podcast, we take a closer look at the recent results, return metrics and some other changes that have led to this upsurge in ICICI Bank.
Hope you enjoy this Battle between Banking Giants.

17 min
April 25, 2023 Will Asian Paints Destroy Competition?? | Is the Legacy in Danger?
“The magic is doing simple things repeatedly and long enough to ignite the miracle of the Compound Effect.” —Darren Hardy
Hi Investors! "Har Ghar Kuch Kehta Hai… Aapka wala kya kehta hai?" 😄
A house is a place of great significance in Indian culture. We Indians always have special plans to decorate our houses from time to time. Be it Diwali, a wedding in family or some important milestone, etc. Paint is probably the most significant part of the budget when we undertake the project to beautify our homes from time to time. Hence, the paint industry holds a very strategic place in the whole home decor industry.
In this episode we will undertake the monumental task of Covering in Depth one of the behemoths of Indian Stock Market and a Leader in its industry—Asian Paints Ltd. This is a very special episode where we will cover the consistent compounder from scratch to current competition it may be facing in the near future.
Some important highlights of the episode are:
Basics of Paints Industry
History of Asian Paints
Value Chain
Competitive Structure & TAM
Asian Paints vs Grasim
P2P Analysis
Technical View
Valuations
Risks
We would urge you to pay full attention and do take notes as this Industry Analysis will come in handy in future research projects as well. Hope to keep adding value to you.
44 min
April 25, 2023 IT Stocks Down ~25% 📉🔻| Should you Buy/Sell??? 🤔
“Einstein was right about relativity, but even he would have had a difficult time applying relative valuation in today's stock markets.”
― Aswath Damodaran
Valuation is a tricky subject. Many in markets are talking about throw away valuations of IT Stocks. However, one needs to take in account a lot of other factors and assess how the valuations have fared over previous years.
Today we take a deeper look at the IT Index and delve how and where we can see these Champion businesses going in future.
We hope you enjoy this episode.

25 min
April 25, 2023 How to Find Companies doing HUGE CAPEX 🏗️👌
“Growth is never by mere chance; it is the result of forces working together.”
Hi Investors! Are you looking to screen stocks poised for growth ahead?
Companies that are sitting on a Huge Capex going live present an interesting opportunity for rapid growth. It could be a great pick if one is able to spot such businesses that are looking to increase their capacities. However, one must be cautious to keep track of the utilization of these capacities at healthy levels.
Today we bring a podcast that can prove to be your ready reckoner for understanding all about Capex and how you can find such opportunities independently on your own. In this episode, we’ll tell you all about–How to Find Companies doing Huge Capex. We’ll take a look at a lot different case studies from many different sectors covering ~60 different businesses. You will learn about different ways to find companies that are taking up large Capex.
Some interesting techniques to Find Capex for Companies we have covered are:
CWIP/Net Block
Google Alerts
Screener Meta Search
Manually checking Balance Sheet
Credit Ratings
SOIC Capex Sheet
25 min
April 25, 2023 Top 10 Overvalued Stocks 2023: Do you own these?🤯
Hi Investors! Do you believe in Buy at any P/E??
As investors we wish to add and keep holding the stocks that are consistently compounding wealth over many years. However, what we need to take care of is that sometimes these stocks bake in expected returns way in advance and get overheated.
We at SOIC believe in constant assessment of our thesis in the stocks we invest. Moreover, we also need to keep tracking the valuations these stocks are available at. To make a clear assessment we use a very interesting tool called Reverse DCF and ask ourselves a simple question: Will we add this stock in our PF at current valuations?
Thus, we bring you a podcast on Top 10 Overvalued Stocks. Hope you enjoy this episode.
00:00 Introduction
03:23 1st - Pidilite
06:11 2nd - P&G Health & Hygiene
08:03 3rd - Havells
10:21 4th - Campus
13:04 5th - Relaxo
14:29 6th - Nykaa
15:46 7th - Kaynes Technology
17:31 8th - Bikaji Foods
18:42 9th - Nestle India
20:24 10th - CG Power
23:58 Conclusion

25 min
April 12, 2023The Next HDFC Bank!
“The most important quality for an investor is temperament for intellect.” —Warren Buffet
Is HDFC Bank is the next HDFC Bank? In this episode we’ll discuss some important aspects for a bank.
Book Value per share and the no. of years and the speed at which it has compounded.

What are the key ingredients for success? Especially for HDFC Bank.

Why is the HDFC Bank’s stock not performing? Is there an over-hang on the stock price?

What happens when a good institution goes through time correction?
26 min
April 12, 2023 Top 5 stocks I am studying | Reasonable valuation 😎👌
“The basic story remains simple and never-ending. Stocks aren’t lottery tickets. There’s a company attached to every share.” —Peter Lynch
We’ll discuss Top 5 Reasonably Valued Businesses I am studying. We’ll briefly delve into different sectors to identify reasonably valued companies. A common trait among these companies is that they’ll probably double their Net Block i.e., amount of property, plant & equipment/machinery they have.
Along with future Capex plans through internal accruals or debt.
We’ll also try to identify competitive advantages, i.e. majority of these companies will have ROCE >15% which ensures their ROCE is > Cost of Capital. These are some of the reasons why we’re studying these businesses.
Timestamp
00:00 Introduction
02:00 Narayana Hrudayalaya
06:45 GPIL
09:24 Westlife
16:37 CCL Product
17:51 Equitas SFB

20 min
April 02, 2023 Is the Story of Bajaj Finance Over? A Multibagger of the Past 🏦💰💳
“Banking is very good business if you don’t do anything dumb.” —Warren Buffett
Hi Investors! Mr. Market is constantly discounting the future… What about you?
The Stock Market is a place of charisma and charm. Investors very often fall in love with the stocks they own and much more if that stock has been a brilliant outperformer for the past 10 years giving a staggering 50% CAGR returns over such a long period. There is actually no prize for guessing here, obviously we are talking about the star of NBFC sectors–Bajaj Finance Ltd.
Mr. Rajeev Jain has been instrumental in the making of this juggernaut. However, recently the stock has been under a painful time correction. Though the business has been growing stupendously at 27%, is there anything more to the story than what we already know? Let us unravel the whole mystery for you in this detailed episode.
We’ll discuss the History and Management prowess of this Giant Financial Franchise. We’ll also cover the 4 Success Mantras and 3 Probable Antithesis Pointers that are the main culprits for this recent pain in Bajaj Finance’s stock performance. As a special feature we’ll start by explaining the whole NPA Accounting System followed by Indian Financial Institutions on recommendation of RBI. After this you’ll be able to explain NPA Accounting to everyone in your circle.
Timestamp
00:00 What is NPA Accounting?
06:43 1st Success Mantra
10:27 2nd Success Mantra
16:47 3rd Success Mantra
22:52 4th Success Mantra
25:54 Antithesis 1
28:33 Antithesis 2
32:18 Antithesis 3
35 min