Mehabe score: 4 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
AD Manum Finance is primarily engaged in business of Non banking finance and Wind power generation.Site:511359Main Symbol:ADMANUM
Stock trades at 27.2, above its 50dma 23.41. It also trades above its 200dma 19.21. The stock remains bullish on techicals
The 52 week high is at 30.00 and the 52week low is at 12.94
Price Chart
P/E Chart
Sales and Margin
Strengths
– has reduced debt.
-Stock is trading at 0.38 times its book value
-Debtor days have improved from 1864.97 to 32.61 days.
Weakness
– Though the company is reporting repeated profits, it is not paying out dividend
-The company has delivered a poor sales growth of -7.60% over past five years.
– has a low return on equity of 4.24% for last 3 years.
– might be capitalizing the interest cost
Competition
– The industry trades at a mean P/E of 25.9x. SBI Cards trades at the industry’s max P/E of 108.35x. 511359 trades at a P/E of 6.69x
– Industry’s mean G-Factor is 3.5 while the mean Piotski score is 6.0. 511359 has a G-Factor of 7 and Piotski scoreof 6.
– Average 1 month return for industry is 5.2%. The max 1- month return was given by Bajaj Finserv: a return of 15.75 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 2.31 cr compared to Rs 2.76 cr for period ended Jun 2020, a fall of 16.3%
Operating Profits reported at Rs 0.98 cr for period ended Jun 2021 vis-vis 2.51 for period ended Jun 2020 .
Operating Margins contracted -4851.8 bps for period ended Jun 2021 vis-vis Jun 2020 .
The EPS for Jun 2021 was Rs 0.87 compared to Rs 0.8 for previous quarter ended Mar 2021 and Rs 0.61 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 8.84 cr for period ended TTM vis-vis sales of Rs 9.29 cr for the period ended Mar 2021, a fall of 5.1%. The 3 year sales cagr stood at -3.9%.
Operating margins shrank to 42.42% for period ended TTM vis-vis 56.73% for period ended Mar 2021, contraction of 1431.0 bps.
Net Profit reported at Rs 2.91 cr for period ended TTM vis-vis sales of Rs 2.73 cr for the period ended Mar 2021, rising 0%.
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities was positive.
CashFlow from operating activities: Rs 44.69 cr for period ended Mar 2021 vis-vis Rs -24.51 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 had stable/constant Return on Equity (RoE) metric. The RoE on Last Year basis was 6.0% compared to 4.0% over the last 3 Years. – The stock has given a return of 57% on a 1 Year basis vis-vis a return of -0% over the last 3 Years. – The compounded sales growth on a TTM bassis is -6% vis-vis a compounded sales growth of -14% over the last 3 Years. – The compounded profit growth on a TTM basis is -35% vis-vis a compounded profit growth of 26% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Jun 2021 public holding stood at 29.94% vis-vis 29.94% for Mar 2021
Conclusion
– has reduced debt.
-Stock is trading at 0.38 times its book value
-Debtor days have improved from 1864.97 to 32.61 days. – Though the company is reporting repeated profits, it is not paying out dividend
-The company has delivered a poor sales growth of -7.60% over past five years.
– has a low return on equity of 4.24% for last 3 years.
– might be capitalizing the interest cost
