Mehabe score: 3 G Factor: 2 Piotski Score: 4 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 2 and Piotski score of 4.
Description
Pooja Entertainment and Films Limited engages in the film production and other related activities primarily in India.Site:532011Main Symbol:POOJAENT
Stock trades at 194.0, below its 50dma 206.45. However it is trading above its 200dma 131.84. The stock remains weak in the short term due to near term bearish momentum. However overall bullish structure remains intact. Price action will further build up as it moves above its dma50, currently situated at 206.45.
The 52 week high is at 312.90 and the 52week low is at 38.00
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
– is expected to give good quarter
Weakness
– Though the company is reporting repeated profits, it is not paying out dividend
– has high debtors of 2535.34 days.
Competition
– The industry trades at a mean P/E of 28.4x. Saregama India trades at the industry’s max P/E of 66.6x. 532011 trades at a P/E of 13.1x
– Industry’s mean G-Factor is 3.2 while the mean Piotski score is 8.0. 532011 has a G-Factor of 2 and Piotski scoreof 4.
– Average 1 month return for industry is -1.7%. The max 1- month return was given by Inox Leisure: a return of 5.61 %
Quarterly Results
Sales for period ended Sep 2021 is Rs 0.12 cr compared to Rs 0.38 cr for period ended Sep 2020, a fall of 68.4%
Company reported negative operating profit of Rs -4.69 cr for period ended Sep 2021. For same period last year, operating profit was 0.02
The EPS for Sep 2021 was Rs -9.26 compared to Rs 14.62 for previous quarter ended Jun 2021 and Rs -0.12 for Sep 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 9.03 cr for period ended TTM vis-vis sales of Rs 2.97 cr for the period ended Mar 2021, a healthy growth of 67.1%. The 3 year sales cagr stood at -35.1%.
Operating margins expanded to 31.01% for period ended TTM vis-vis 24.24% for period ended Mar 2021, expansion of 677.0 bps.
Net Profit reported at Rs 2.85 cr for period ended TTM vis-vis sales of Rs 0.62 cr for the period ended Mar 2021, rising 78.2%.
Company recorded a healthy Net Profit CAGR of 173.0% over the last 3 years
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 had stable/constant Return on Equity (RoE) metric. The RoE on Last Year basis was 2.0% compared to 0% over the last 3 Years. – The stock has given a return of 183% on a 1 Year basis vis-vis a return of 64% over the last 3 Years. – The compounded sales growth on a TTM bassis is -80% vis-vis a compounded sales growth of % over the last 3 Years. – The compounded profit growth on a TTM basis is -72% vis-vis a compounded profit growth of % over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Sep 2021 public holding stood at 26.91% vis-vis 26.91% for Jun 2021
Conclusion
– is almost debt free.
– is expected to give good quarter – Though the company is reporting repeated profits, it is not paying out dividend
– has high debtors of 2535.34 days.
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 206.45 and is trading at 194.0. 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
