Mehabe score: 2 G Factor: 3 Piotski Score: 3 The stock has a rating SELL. 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 3 and Piotski score of 3.
Description
Keerti Knowledge & Skills is engaged in Business of Computer Traning and Education Services.Site:KEERTIMain Symbol:www.nseindia.com
Stock trades at 18.4, below its 50dma 20.05 and below its 200dma 22.01. The stock remains bearish on technicals
The 52 week high is at 32.65 and the 52week low is at 17.00
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
Weakness
– has low interest coverage ratio.
– has a low return on equity of -10.45% for last 3 years.
– has high debtors of 1276.02 days.
-Promoter holding has decreased over last 3 years: -4.18%
Competition
– The industry trades at a mean P/E of 26.3x. Affle India trades at the industry’s max P/E of 93.77x. KEERTI trades at a P/E of x
– Industry’s mean G-Factor is 3.8 while the mean Piotski score is 9.0. KEERTI has a G-Factor of 3 and Piotski scoreof 3.
– Average 1 month return for industry is 5.5%. The max 1- month return was given by Century Plyboard: a return of 20.71 %
Quarterly Results
Sales for period ended Sep 2021 is Rs 0.9 cr compared to Rs 0.18 cr for period ended Sep 2020, a rise of 400.0%
Company reported negative operating profit of Rs -0.69 cr for period ended Sep 2021. For same period last year, operating profit was -1.42
The EPS for Sep 2021 was Rs -0.75 compared to Rs -1.05 for previous quarter ended Jun 2021 and Rs -1.51 for Sep 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 2.26 cr for period ended TTM vis-vis sales of Rs 1.23 cr for the period ended Mar 2021, a healthy growth of 45.6%. The 3 year sales cagr stood at -27.5%.
Operating margins expanded to -138.05% for period ended TTM vis-vis -262.6% for period ended Mar 2021, expansion of 12455.0 bps.
Net Profit reported at Rs -3.42 cr for period ended TTM vis-vis sales of Rs -3.62 cr for the period ended Mar 2021, rising 0%.
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 worsened on its Return on Equity (RoE) metric. The RoE on Last Year basis was -37.0% compared to -10.0% over the last 3 Years. – The stock has given a return of -36% on a 1 Year basis vis-vis a return of -1% over the last 3 Years. – The compounded sales growth on a TTM bassis is -73% vis-vis a compounded sales growth of -37% over the last 3 Years. – The compounded profit growth on a TTM basis is -740% vis-vis a compounded profit growth of % over the last 3 Years.
Ratios
Conclusion
– is almost debt free. – has low interest coverage ratio.
– has a low return on equity of -10.45% for last 3 years.
– has high debtors of 1276.02 days.
-Promoter holding has decreased over last 3 years: -4.18%
Fundamentally, the stock remains weak. The business fundamentals are on shaky ground. Weak near term results have dampened and questioned business drivers. We suggest to wait for a upturn in business performance.
Technically, the stock reflects the poor fundamentals. The stock remains below its 50 DMA 20.05 and is trading at 18.4. It has shown near term lack of bullish momentum. We suggest to observe price action. However as investors, who like to avoid timing the markets, we suggest to avoid the stock
