Mehabe score: 2 G Factor: 5 Piotski Score: 7 The stock has a rating HOLD. The mehabe team score is reflective of its fundamental and technical merits. A rating above 8 is considered good buy. The stock has a G-Factor of 5 and Piotski score of 7.
Description
Bella Casa Fashion & Retail is engaged in manufacturing of home furnishings/home madeups, women ethnic wear and men’s ethnic wear.Site:539399
Market Cap:
Rs 158 cr
Price:
138.0
Trading pe:
35.2x
Book-value:
47.6/share
Div yield:
0.87 %
Earning yield:
5.31%
Face-value:
10.0/share
52week high:
155.80
52week low:
60.00
Technical Analysis
Stock trades at 138.0, above its 50dma 124.56. It also trades above its 200dma 111.56. The stock remains bullish on techicals
The 52 week high is at 155.80 and the 52week low is at 60.00
Price Chart
P/E Chart
Sales and Margin
Strengths
–
Weakness
– Promoter holding has decreased over last 3 years: -5.92%
Competition
– The industry trades at a mean P/E of 21.6x. Garware Tech. trades at the industry’s max P/E of 38.85x. 539399 trades at a P/E of 35.2x
– Industry’s mean G-Factor is 3.9 while the mean Piotski score is 8.0. 539399 has a G-Factor of 5 and Piotski scoreof 7.
– Average 1 month return for industry is 15.3%. The max 1- month return was given by PDS Multi.: a return of 43.33 %
Quarterly Results
Sales for period ended Mar 2021 is Rs 49.95 cr compared to Rs 35.45 cr for period ended Mar 2020, a rise of 40.9%
Operating Profits reported at Rs 3.6 cr for period ended Mar 2021 vis-vis 2.87 for period ended Mar 2020 .
Operating Margins contracted -88.9 bps for period ended Mar 2021 vis-vis Mar 2020 .
The EPS for Mar 2021 was Rs 1.64 compared to Rs 3.49 for previous quarter ended Dec 2020 and Rs 0.85 for Mar 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 129.0 cr for period ended Mar 2021 vis-vis sales of Rs 163.0 cr for the period ended Mar 2020, a fall of 26.4%. The 3 year sales cagr stood at 1.1%.
Operating margins shrank to 9.0% for period ended Mar 2021 vis-vis 11.0% for period ended Mar 2020, contraction of 200.0 bps.
Net Profit reported at Rs 5.0 cr for period ended Mar 2021 vis-vis sales of Rs 9.0 cr for the period ended Mar 2020, falling 80.0%.
Company reported a poor Net Profit CAGR of -5.9% over the last 3 years
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
Sales Growth
Profit Growth Statement
Profit Growth Statement
Stock Price CAGR
Return of Equity
General Comments
– The company has had stable/constant Return on Equity (RoE) metric. The RoE on Last Year basis was 18.0% compared to 20.0% over the last 3 Years. – The stock has given a return of 66% on a 1 Year basis vis-vis a return of -8% over the last 3 Years. – The compounded sales growth on a TTM bassis is -30% vis-vis a compounded sales growth of 13% over the last 3 Years. – The compounded profit growth on a TTM basis is -54% vis-vis a compounded profit growth of 41% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Mar 2021 public holding stood at 31.91% vis-vis 31.91% for Dec 2020
Conclusion
– – Promoter holding has decreased over last 3 years: -5.92%
The business fundamentals of the stock remain stable. Stronger near term results will build interest in the stock. We suggest to wait for a upturn in business performance.
Technically, the stock remains above its 50 DMA 124.56 and is trading at 138.0, thus bullish price action wise.
