Mehabe score: 6 G Factor: 7 Piotski Score: 7 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 7.
Description
Rishiroop is engaged in the business of manufacturing of PVC – NBR blends and trading of polymers.Site:526492Main Symbol:RISHIROOP
Stock trades at 96.8, above its 50dma 95.86. It also trades above its 200dma 79.14. The stock remains bullish on techicals
The 52 week high is at 120.10 and the 52week low is at 26.35
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
-Stock is trading at 1.09 times its book value
-Stock is providing a good dividend yield of 6.40%.
– is expected to give good quarter
– has delivered good profit growth of 66.58% CAGR over last 5 years
Weakness
– The company has delivered a poor sales growth of 7.32% over past five years.
– has a low return on equity of 8.67% for last 3 years.
-Earnings include an other income of Rs.32.67 Cr.
Competition
– The industry trades at a mean P/E of 18.0x. Elgi Rubber Co trades at the industry’s max P/E of 301.34x. 526492 trades at a P/E of 6.97x
– Industry’s mean G-Factor is 4.1 while the mean Piotski score is 8.0. 526492 has a G-Factor of 7 and Piotski scoreof 7.
– Average 1 month return for industry is 6.5%. The max 1- month return was given by Pix Transmission: a return of 24.32 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 16.75 cr compared to Rs 3.88 cr for period ended Jun 2020, a rise of 331.7%
Company reported operating profit of Rs 4.17 cr for period ended Jun 2021, operating profit margin at 24.9 %.
Operating profit was negative for the same period last year thus company has improved its margins this year
The EPS for Jun 2021 was Rs 6.89 compared to Rs 20.85 for previous quarter ended Mar 2021 and Rs 2.02 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 67.0 cr for period ended TTM vis-vis sales of Rs 55.0 cr for the period ended Mar 2021, a healthy growth of 17.9%. The 3 year sales cagr stood at 3.2%.
Operating margins expanded to 17.0% for period ended TTM vis-vis 12.0% for period ended Mar 2021, expansion of 500.0 bps.
Net Profit reported at Rs 35.0 cr for period ended TTM vis-vis sales of Rs 30.0 cr for the period ended Mar 2021, rising 14.3%.
Company recorded a healthy Net Profit CAGR of 71.0% 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 improved its Return on Equity (RoE) metric. The RoE on Last Year basis was 18.0% compared to 9.0% over the last 3 Years. – The stock has given a return of 240% on a 1 Year basis vis-vis a return of 7% over the last 3 Years. – The compounded sales growth on a TTM bassis is 35% vis-vis a compounded sales growth of -3% over the last 3 Years. – The compounded profit growth on a TTM basis is 539% vis-vis a compounded profit growth of 20% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Jun 2021 public holding stood at 27.53% vis-vis 27.53% for Mar 2021
Conclusion
– is almost debt free.
-Stock is trading at 1.09 times its book value
-Stock is providing a good dividend yield of 6.40%.
– is expected to give good quarter
– has delivered good profit growth of 66.58% CAGR over last 5 years – The company has delivered a poor sales growth of 7.32% over past five years.
– has a low return on equity of 8.67% for last 3 years.
-Earnings include an other income of Rs.32.67 Cr.
