Mehabe score: 5 G Factor: 4 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 4 and Piotski score of 5.
Description
Control Print is engaged in manufacturing and supplying of Coding & Marking Machines and its related consumables. It has country wide service network to cater its customers.Site:CONTROLPRMain Symbol:CONTROLPR
Stock trades at 377.0, above its 50dma 356.07. It also trades above its 200dma 288.61. The stock remains bullish on techicals
The 52 week high is at 416.85 and the 52week low is at 197.30
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
– has been maintaining a healthy dividend payout of 44.35%
Weakness
– The company has delivered a poor sales growth of 8.65% over past five years.
Competition
– The industry trades at a mean P/E of 17.6x. EPL Ltd trades at the industry’s max P/E of 31.11x. CONTROLPR trades at a P/E of 20.2x
– Industry’s mean G-Factor is 5.2 while the mean Piotski score is 9.0. CONTROLPR has a G-Factor of 4 and Piotski scoreof 5.
– Average 1 month return for industry is 11.3%. The max 1- month return was given by Cosmo Films: a return of 35.36 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 54.39 cr compared to Rs 34.92 cr for period ended Jun 2020, a rise of 55.8%
Operating Profits reported at Rs 11.82 cr for period ended Jun 2021 vis-vis 8.47 for period ended Jun 2020 .
Operating Margins contracted -252.4 bps for period ended Jun 2021 vis-vis Jun 2020 .
The EPS for Jun 2021 was Rs 5.44 compared to Rs 6.48 for previous quarter ended Mar 2021 and Rs 2.03 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 223.0 cr for period ended TTM vis-vis sales of Rs 204.0 cr for the period ended Mar 2021, a growth of 8.5%. The 3 year sales cagr stood at 8.4%.
Operating margins expanded to 24.0% for period ended TTM vis-vis 23.0% for period ended Mar 2021, expansion of 100.0 bps.
Net Profit reported at Rs 35.0 cr for period ended TTM vis-vis sales of Rs 29.0 cr for the period ended Mar 2021, rising 17.1%.
Company recorded a Net Profit CAGR of 5.3% over the last 3 years
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities was positive.
CashFlow from operating activities: Rs 38.0 cr for period ended Mar 2021 vis-vis Rs 31.0 cr for period ended Mar 2020
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 14.0% compared to 14.0% over the last 3 Years. – The stock has given a return of 83% on a 1 Year basis vis-vis a return of -3% over the last 3 Years. – The compounded sales growth on a TTM bassis is 5% vis-vis a compounded sales growth of 5% over the last 3 Years. – The compounded profit growth on a TTM basis is 2% vis-vis a compounded profit growth of -4% over the last 3 Years.
Ratios
Shareholding Pattern
– FII shareholding has remained largely constant. The Jun 2021 fii holding stood at 7.29% vis-vis 7.56% for Mar 2021 – Public shareholding has remained largely constant. The Jun 2021 public holding stood at 27.31% vis-vis 26.6% for Mar 2021
Conclusion
– is almost debt free.
– has been maintaining a healthy dividend payout of 44.35% – The company has delivered a poor sales growth of 8.65% over past five years.
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 356.07 and is trading at 377.0, thus bullish price action wise.
