Mehabe score: 8 G Factor: 6 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 6 and Piotski score of 8.
Description
Started in the year 1993 Share India Securities has established itself as a leading broking house in India that provides best value for money through personalized services nationwide to a substantial & diversified Client base that includes retail as well as corporate clients.Site:SHAREINDIAMain Symbol:SHAREINDIA
Stock trades at 525.0, above its 50dma 502.84. It also trades above its 200dma 350.09. The stock remains bullish on techicals
The 52 week high is at 600.00 and the 52week low is at 81.10
Price Chart
P/E Chart
Sales and Margin
Strengths
– is expected to give good quarter
– has delivered good profit growth of 66.66% CAGR over last 5 years
– has a good return on equity (ROE) track record: 3 Years ROE 27.53%
Weakness
– Promoter holding has decreased over last 3 years: -16.83%
Competition
– The industry trades at a mean P/E of 19.7x. SBI Cards trades at the industry’s max P/E of 107.99x. SHAREINDIA trades at a P/E of 16.5x
– Industry’s mean G-Factor is 3.1 while the mean Piotski score is 8.0. SHAREINDIA has a G-Factor of 6 and Piotski scoreof 8.
– Average 1 month return for industry is 6.1%. The max 1- month return was given by Bajaj Finserv: a return of 24.7 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 150.0 cr compared to Rs 77.0 cr for period ended Jun 2020, a rise of 94.8%
Operating Profits reported at Rs 51.0 cr for period ended Jun 2021 vis-vis 22.0 for period ended Jun 2020 .
Operating Margins expanded 542.9 bps for period ended Jun 2021 vis-vis Jun 2020 .
The EPS for Jun 2021 was Rs 10.71 compared to Rs 11.23 for previous quarter ended Mar 2021 and Rs 4.22 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 547.0 cr for period ended TTM vis-vis sales of Rs 448.0 cr for the period ended Mar 2021, a healthy growth of 18.1%. The 3 year sales cagr stood at 38.5%.
Operating margins expanded to 29.0% for period ended TTM vis-vis 28.0% for period ended Mar 2021, expansion of 100.0 bps.
Net Profit reported at Rs 101.0 cr for period ended TTM vis-vis sales of Rs 81.0 cr for the period ended Mar 2021, rising 19.8%.
Company recorded a healthy Net Profit CAGR of 59.3% 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 245.0 cr for period ended Mar 2021 vis-vis Rs 68.0 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 34.0% compared to 28.0% over the last 3 Years. – The stock has given a return of 426% on a 1 Year basis vis-vis a return of 68% over the last 3 Years. – The compounded sales growth on a TTM bassis is 98% vis-vis a compounded sales growth of 48% over the last 3 Years. – The compounded profit growth on a TTM basis is 113% vis-vis a compounded profit growth of 78% over the last 3 Years.
Ratios
Shareholding Pattern
– FII shareholding has remained largely constant. The Jun 2021 fii holding stood at 0.02% vis-vis 0.0% for Mar 2021 – Public shareholding has remained largely constant. The Jun 2021 public holding stood at 44.11% vis-vis 44.13% for Mar 2021
Conclusion
– is expected to give good quarter
– has delivered good profit growth of 66.66% CAGR over last 5 years
– has a good return on equity (ROE) track record: 3 Years ROE 27.53% – Promoter holding has decreased over last 3 years: -16.83%
