Mehabe score: 1 G Factor: 5 Piotski Score: 5 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 5.
Description
Trio Mercantile & Trading engaged in activities of Trading in India.Site:534755Main Symbol:TRIOMERC
Stock trades at 3.13, below its 50dma 3.61 and below its 200dma 4.65. The stock remains bearish on technicals
The 52 week high is at 7.75 and the 52week low is at 2.96
Price Chart
P/E Chart
Sales and Margin
Strengths
–
Weakness
– has low interest coverage ratio.
-The company has delivered a poor sales growth of -21.71% over past five years.
-Promoter holding is low: 4.81%
-Promoter holding has decreased over last 3 years: -5.68%
Competition
– The industry trades at a mean P/E of 50.2x. 3M India trades at the industry’s max P/E of 182.41x. 534755 trades at a P/E of x
– Industry’s mean G-Factor is 3.5 while the mean Piotski score is 7.0. 534755 has a G-Factor of 5 and Piotski scoreof 5.
– Average 1 month return for industry is -1.0%. The max 1- month return was given by Redington India: a return of 24.98 %
Quarterly Results
Sales for period ended Mar 2021 is Rs 0.72 cr compared to Rs 1.36 cr for period ended Mar 2020, a fall of 47.1%
Company reported negative operating profit of Rs -0.07 cr for period ended Mar 2021. For same period last year, operating profit was -0.35
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 5.54 cr for period ended Mar 2021 vis-vis sales of Rs 12.27 cr for the period ended Mar 2020, a fall of 121.5%. The 3 year sales cagr stood at -42.7%.
Operating margins shrank to -25.81% for period ended Mar 2021 vis-vis -6.6% for period ended Mar 2020, contraction of 1921.0 bps.
Net Profit reported at Rs -1.37 cr for period ended Mar 2021 vis-vis sales of Rs 0.35 cr for the period ended Mar 2020, falling 0%.
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities: Rs 0.0 cr for period ended Mar 2021 vis-vis Rs -3.46 cr for period ended Mar 2020
Sales Growth
Profit Growth Statement
Profit Growth Statement
Stock Price CAGR
Return of Equity
General Comments
– The stock has given a return of -51% on a 1 Year basis vis-vis a return of 2% over the last 3 Years. – The compounded sales growth on a TTM bassis is -55% vis-vis a compounded sales growth of -43% over the last 3 Years. – The compounded profit growth on a TTM basis is -206% vis-vis a compounded profit growth of % over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Mar 2021 public holding stood at 95.19% vis-vis 95.15% for Dec 2020
Conclusion
– – has low interest coverage ratio.
-The company has delivered a poor sales growth of -21.71% over past five years.
-Promoter holding is low: 4.81%
-Promoter holding has decreased over last 3 years: -5.68%
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 below its 50 DMA 3.61 and is trading at 3.13. Shows a near term lack of buying interest.
