Mehabe score: 4 G Factor: 4 Piotski Score: 6 The stock has a rating HOLD. 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 4 and Piotski score of 6.
Description
Gothi Plascon (India) is engaged in the business of renting of Immovable Properties and interest on loan granted.Site:531111
Market Cap:
Rs 24.0 cr
Price:
23.5
Trading pe:
14.7x
Book-value:
11.9/share
Div yield:
4.26 %
Earning yield:
9.94%
Face-value:
10.0/share
52week high:
22.40
52week low:
8.25
Technical Analysis
Stock trades at 23.5, above its 50dma 19.98. It also trades above its 200dma 16.78. The stock remains bullish on techicals
The 52 week high is at 22.40 and the 52week low is at 8.25
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
-Stock is providing a good dividend yield of 4.26%.
Weakness
–
Competition
– The industry trades at a mean P/E of 41.2x. Phoenix Mills trades at the industry’s max P/E of 268.09x. 531111 trades at a P/E of 14.7x
– Industry’s mean G-Factor is 3.4 while the mean Piotski score is 7.0. 531111 has a G-Factor of 4 and Piotski scoreof 6.
– Average 1 month return for industry is 16.0%. The max 1- month return was given by Oberoi Realty: a return of 22.92 %
Quarterly Results
Sales for period ended Mar 2021 is Rs 1.03 cr compared to Rs 1.01 cr for period ended Mar 2020, a rise of 2.0%
Operating Profits reported at Rs 0.61 cr for period ended Mar 2021 vis-vis 0.69 for period ended Mar 2020 .
Operating Margins contracted -909.4 bps for period ended Mar 2021 vis-vis Mar 2020 .
The EPS for Mar 2021 was Rs -0.03 compared to Rs 0.53 for previous quarter ended Dec 2020 and Rs -0.02 for Mar 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 3.58 cr for period ended Mar 2021 vis-vis sales of Rs 3.81 cr for the period ended Mar 2020, a fall of 6.4%. The 3 year sales cagr stood at 11.5%.
Operating margins shrank to 69.55% for period ended Mar 2021 vis-vis 73.23% for period ended Mar 2020, contraction of 368.0 bps.
Net Profit reported at Rs 1.62 cr for period ended Mar 2021 vis-vis sales of Rs 1.84 cr for the period ended Mar 2020, falling 13.6%.
Company reported a poor Net Profit CAGR of -10.0% 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 worsened on its Return on Equity (RoE) metric. The RoE on Last Year basis was 17.0% compared to 23.0% over the last 3 Years. – The stock has given a return of 199% on a 1 Year basis vis-vis a return of 27% over the last 3 Years. – The compounded sales growth on a TTM bassis is 2% vis-vis a compounded sales growth of 19% over the last 3 Years. – The compounded profit growth on a TTM basis is -21% vis-vis a compounded profit growth of 6% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Mar 2021 public holding stood at 26.61% vis-vis 26.61% for Dec 2020
Conclusion
– is almost debt free.
-Stock is providing a good dividend yield of 4.26%. –
The business fundamentals of the stock remain stable. Stronger near term results will build interest in the stock. We suggest to wait for a upturn in business performance.
Technically, the stock remains above its 50 DMA 19.98 and is trading at 23.5, thus bullish price action wise.
