Mehabe score: 6 G Factor: 4 Piotski Score: 8 The stock has a rating . 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 8. Site:VISHWARAJMain Symbol:VISHWARAJ
Stock trades at 156.0, above its 50dma 146.26. It also trades above its 200dma 129.71. The stock remains bullish on techicals
The 52 week high is at 172.00 and the 52week low is at 83.20
Price Chart
P/E Chart
Sales and Margin
Strengths
– Debtor days have improved from 33.44 to 25.65 days.
Weakness
– Stock is trading at 2.59 times its book value
– has low interest coverage ratio.
-Promoter holding is low: 32.83%
– has a low return on equity of -2.49% for last 3 years.
Competition
– The industry trades at a mean P/E of 13.0x. Vishwaraj Sugar trades at the industry’s max P/E of 70.49x. VISHWARAJ trades at a P/E of 70.5x
– Industry’s mean G-Factor is 3.8 while the mean Piotski score is 8.0. VISHWARAJ has a G-Factor of 4 and Piotski scoreof 8.
– Average 1 month return for industry is -10.6%. The max 1- month return was given by Vishwaraj Sugar: a return of 8.93 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 102.03 cr compared to Rs 112.0 cr for period ended Jun 2020, a fall of 8.9%
Company reported operating profit of Rs 3.26 cr for period ended Jun 2021, operating profit margin at 3.2 %.
Operating profit was negative for the same period last year thus company has improved its margins this year
The EPS for Jun 2021 was Rs -2.25 compared to Rs 0.95 for previous quarter ended Mar 2021 and Rs -3.77 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 416.0 cr for period ended TTM vis-vis sales of Rs 426.0 cr for the period ended Mar 2021, a fall of 2.4%. The 3 year sales cagr stood at 13.4%.
Operating margins expanded to 16.0% for period ended TTM vis-vis 15.0% for period ended Mar 2021, expansion of 100.0 bps.
Net Profit reported at Rs 14.0 cr for period ended TTM vis-vis sales of Rs 8.0 cr for the period ended Mar 2021, rising 0%.
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities was positive.
CashFlow from operating activities: Rs 56.0 cr for period ended Mar 2021 vis-vis Rs 49.0 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 improved its Return on Equity (RoE) metric. The RoE on Last Year basis was 4.0% compared to -2.0% over the last 3 Years. – The stock has given a return of 77% on a 1 Year basis vis-vis a return of % over the last 3 Years. – The compounded sales growth on a TTM bassis is 18% vis-vis a compounded sales growth of 24% over the last 3 Years. – The compounded profit growth on a TTM basis is 204% vis-vis a compounded profit growth of 57% over the last 3 Years.
Ratios
Shareholding Pattern
– FII shareholding has remained largely constant. The Jun 2021 fii holding stood at 2.66% vis-vis 2.71% for Mar 2021 – Public shareholding has remained largely constant. The Jun 2021 public holding stood at 64.51% vis-vis 64.46% for Mar 2021
Conclusion
– Debtor days have improved from 33.44 to 25.65 days. – Stock is trading at 2.59 times its book value
– has low interest coverage ratio.
-Promoter holding is low: 32.83%
– has a low return on equity of -2.49% for last 3 years.
