Mehabe score: 4 G Factor: 8 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 8 and Piotski score of 6.
Description
Mangalam Organics Ltd is engaged in the business of manufacturing of Camphor, Resin and Sodium Acetate.Site:514418Main Symbol:MANORG
Stock trades at 772.0, above its 50dma 751.41. It also trades above its 200dma 593.09. The stock remains bullish on techicals
The 52 week high is at 874.90 and the 52week low is at 360.00
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
– has delivered good profit growth of 59.25% CAGR over last 5 years
– has a good return on equity (ROE) track record: 3 Years ROE 47.73%
Weakness
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Competition
– The industry trades at a mean P/E of 30.9x. Pidilite Inds. trades at the industry’s max P/E of 104.12x. 514418 trades at a P/E of 7.78x
– Industry’s mean G-Factor is 3.8 while the mean Piotski score is 8.0. 514418 has a G-Factor of 8 and Piotski scoreof 6.
– Average 1 month return for industry is 6.2%. The max 1- month return was given by Navin Fluo.Intl.: a return of 13.92 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 106.0 cr compared to Rs 49.0 cr for period ended Jun 2020, a rise of 116.3%
Operating Profits reported at Rs 23.0 cr for period ended Jun 2021 vis-vis 13.0 for period ended Jun 2020 .
Operating Margins contracted -483.2 bps for period ended Jun 2021 vis-vis Jun 2020 .
The EPS for Jun 2021 was Rs 17.5 compared to Rs 37.12 for previous quarter ended Mar 2021 and Rs 9.14 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 395.0 cr for period ended TTM vis-vis sales of Rs 338.0 cr for the period ended Mar 2021, a healthy growth of 14.4%. The 3 year sales cagr stood at -2.4%.
Operating margins shrank to 35.0% for period ended TTM vis-vis 38.0% for period ended Mar 2021, contraction of 300.0 bps.
Net Profit reported at Rs 91.0 cr for period ended TTM vis-vis sales of Rs 85.0 cr for the period ended Mar 2021, rising 6.6%.
Company recorded a Net Profit CAGR of 7.6% over the last 3 years
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 worsened on its Return on Equity (RoE) metric. The RoE on Last Year basis was 41.0% compared to 48.0% over the last 3 Years. – The stock has given a return of 81% on a 1 Year basis vis-vis a return of 60% over the last 3 Years. – The compounded sales growth on a TTM bassis is -10% vis-vis a compounded sales growth of 12% over the last 3 Years. – The compounded profit growth on a TTM basis is 52% vis-vis a compounded profit growth of 80% over the last 3 Years.
Ratios
Shareholding Pattern
– FII shareholding has remained largely constant. The Jun 2021 fii holding stood at 0.06% vis-vis 0.0% for Mar 2021 – Public shareholding has remained largely constant. The Jun 2021 public holding stood at 45.03% vis-vis 45.09% for Mar 2021
Conclusion
– is almost debt free.
– has delivered good profit growth of 59.25% CAGR over last 5 years
– has a good return on equity (ROE) track record: 3 Years ROE 47.73% –
