Mehabe score: 5 G Factor: 5 Piotski Score: 6 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 5 and Piotski score of 6.
Description
Shree Krishna Paper Mills & Inds is engaged in the business of manufacturing and selling of news print paper and other value-added papers.Site:500388Main Symbol:SKPMIL
Stock trades at 21.2, above its 50dma 15.81. It also trades above its 200dma 18.71. The stock remains bullish on techicals
The 52 week high is at 26.60 and the 52week low is at 11.45
Price Chart
P/E Chart
Sales and Margin
Strengths
–
Weakness
– has low interest coverage ratio.
-The company has delivered a poor sales growth of -11.11% over past five years.
– has a low return on equity of -14.06% for last 3 years.
-Contingent liabilities of Rs.13.42 Cr.
-Promoters have pledged 84.41% of their holding.
Competition
– The industry trades at a mean P/E of 14.0x. Century Textiles trades at the industry’s max P/E of 107.74x. 500388 trades at a P/E of x
– Industry’s mean G-Factor is 4.9 while the mean Piotski score is 6.0. 500388 has a G-Factor of 5 and Piotski scoreof 6.
– Average 1 month return for industry is -8.2%. The max 1- month return was given by T N Newsprint: a return of -1.95 %
Quarterly Results
Sales for period ended Sep 2021 is Rs 21.54 cr compared to Rs 20.48 cr for period ended Sep 2020, a rise of 5.2%
Company reported negative operating profit of Rs -0.13 cr for period ended Sep 2021. For same period last year, operating profit was 0.96
The EPS for Sep 2021 was Rs -0.87 compared to Rs 0.05 for previous quarter ended Jun 2021 and Rs -0.59 for Sep 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 82.1 cr for period ended TTM vis-vis sales of Rs 69.41 cr for the period ended Mar 2021, a healthy growth of 15.5%. The 3 year sales cagr stood at -16.8%.
Operating margins expanded to 5.02% for period ended TTM vis-vis 4.05% for period ended Mar 2021, expansion of 97.0 bps.
Net Profit reported at Rs -1.94 cr for period ended TTM vis-vis sales of Rs -3.27 cr for the period ended Mar 2021, rising 0%.
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities was positive.
Sales Growth
Profit Growth Statement
Profit Growth Statement
Stock Price CAGR
Return of Equity
General Comments
– The stock has given a return of -3% on a 1 Year basis vis-vis a return of -15% over the last 3 Years. – The compounded sales growth on a TTM bassis is 1% vis-vis a compounded sales growth of -20% over the last 3 Years. – The compounded profit growth on a TTM basis is 84% vis-vis a compounded profit growth of 1% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Sep 2021 public holding stood at 57.77% vis-vis 57.77% for Jun 2021
Conclusion
– – has low interest coverage ratio.
-The company has delivered a poor sales growth of -11.11% over past five years.
– has a low return on equity of -14.06% for last 3 years.
-Contingent liabilities of Rs.13.42 Cr.
-Promoters have pledged 84.41% of their holding.
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 15.81 and is trading at 21.2, thus bullish price action wise.
