Mehabe score: 6 G Factor: 7 Piotski Score: 6 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 7 and Piotski score of 6.
Description
Thacker & Company is engaged in engaged in the business of real estate activities with own or leased property and other financial activities.Site:509945Main Symbol:THACKER
Stock trades at 236.0, above its 50dma 211.35. It also trades above its 200dma 193.28. The stock remains bullish on techicals
The 52 week high is at 259.00 and the 52week low is at 82.05
Price Chart
P/E Chart
Sales and Margin
Strengths
– has reduced debt.
– is almost debt free.
-Stock is trading at 0.29 times its book value
– has delivered good profit growth of 113.39% CAGR over last 5 years
-Promoter holding has increased by 4.97% over last quarter.
Weakness
– Though the company is reporting repeated profits, it is not paying out dividend
– has a low return on equity of 7.01% for last 3 years.
-Debtor days have increased from 29.03 to 39.19 days.
Competition
– The industry trades at a mean P/E of 50.2x. 3M India trades at the industry’s max P/E of 182.66x. 509945 trades at a P/E of 3.8x
– Industry’s mean G-Factor is 4.5 while the mean Piotski score is 7.0. 509945 has a G-Factor of 7 and Piotski scoreof 6.
– Average 1 month return for industry is 2.1%. The max 1- month return was given by Redington India: a return of 16.73 %
Quarterly Results
Sales for period ended Mar 2021 is Rs 2.49 cr compared to Rs 2.22 cr for period ended Mar 2020, a rise of 12.2%
Operating Profits reported at Rs 1.32 cr for period ended Mar 2021 vis-vis 1.37 for period ended Mar 2020 .
Operating Margins contracted -870.0 bps for period ended Mar 2021 vis-vis Mar 2020 .
The EPS for Mar 2021 was Rs 32.27 compared to Rs 7.54 for previous quarter ended Dec 2020 and Rs 17.56 for Mar 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 7.45 cr for period ended Mar 2021 vis-vis sales of Rs 4.69 cr for the period ended Mar 2020, a healthy growth of 37.0%. The 3 year sales cagr stood at 35.3%.
Operating margins expanded to 56.64% for period ended Mar 2021 vis-vis 30.49% for period ended Mar 2020, expansion of 2615.0 bps.
Net Profit reported at Rs 6.76 cr for period ended Mar 2021 vis-vis sales of Rs 7.35 cr for the period ended Mar 2020, falling 8.7%.
Company recorded a healthy Net Profit CAGR of 19.3% 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 8.0% compared to 7.0% over the last 3 Years. – The stock has given a return of 162% on a 1 Year basis vis-vis a return of 2% over the last 3 Years. – The compounded sales growth on a TTM bassis is 59% vis-vis a compounded sales growth of 35% over the last 3 Years. – The compounded profit growth on a TTM basis is -8% vis-vis a compounded profit growth of 19% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has fallen for the period ended Mar 2021. The Mar 2021 public holding stood at 33.08% vis-vis 38.05% for Dec 2020
Conclusion
– has reduced debt.
– is almost debt free.
-Stock is trading at 0.29 times its book value
– has delivered good profit growth of 113.39% CAGR over last 5 years
-Promoter holding has increased by 4.97% over last quarter. – Though the company is reporting repeated profits, it is not paying out dividend
– has a low return on equity of 7.01% for last 3 years.
-Debtor days have increased from 29.03 to 39.19 days.
