Mehabe score: 3 G Factor: 6 Piotski Score: 8 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 6 and Piotski score of 8.
Description
Himalaya Granites is engaged in the business of Letting out of immovable proper! Es Credit Gran! ng(Source : 201903 Annual Report Page No: 20)Site:513723Main Symbol:HIMGRANI
Stock trades at 42.5, above its 50dma 31.61. It also trades above its 200dma 24.3. The stock remains bullish on techicals
The 52 week high is at 47.25 and the 52week low is at 19.10
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
Weakness
– Stock is trading at 11.38 times its book value
– has low interest coverage ratio.
– has a low return on equity of -35.45% for last 3 years.
Competition
– The industry trades at a mean P/E of 7.1x. Elegant Marbles trades at the industry’s max P/E of 7.07x. 513723 trades at a P/E of x
– Industry’s mean G-Factor is 3.8 while the mean Piotski score is 8.0. 513723 has a G-Factor of 6 and Piotski scoreof 8.
– Average 1 month return for industry is -13.2%. The max 1- month return was given by Rajdarshan Inds: a return of 4.53 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 0.15 cr compared to Rs 0.14 cr for period ended Jun 2020, a rise of 7.1%
The EPS for Jun 2021 was Rs 0.37 compared to Rs -0.04 for previous quarter ended Mar 2021 and Rs 0.02 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 0.6 cr for period ended TTM vis-vis sales of Rs 0.59 cr for the period ended Mar 2021, a growth of 1.7%. The 3 year sales cagr stood at 2.9%.
Operating margins shrank to 1.67% for period ended TTM vis-vis 8.47% for period ended Mar 2021, contraction of 680.0 bps.
Net Profit reported at Rs 0.15 cr for period ended TTM vis-vis sales of Rs -0.01 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 company has improved its Return on Equity (RoE) metric. The RoE on Last Year basis was -1.0% compared to -35.0% over the last 3 Years. – The stock has given a return of 57% on a 1 Year basis vis-vis a return of 16% over the last 3 Years. – The compounded sales growth on a TTM bassis is 2% vis-vis a compounded sales growth of % over the last 3 Years. – The compounded profit growth on a TTM basis is 100% vis-vis a compounded profit growth of 25% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Jun 2021 public holding stood at 25.09% vis-vis 25.09% for Mar 2021
Conclusion
– is almost debt free. – Stock is trading at 11.38 times its book value
– has low interest coverage ratio.
– has a low return on equity of -35.45% for last 3 years.
