Mehabe score: 5 G Factor: 5 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 5 and Piotski score of 8.
Description
Tamboli Capital is engaged in the Business of Income from Interest and dividends and Sales of silver articles.Site:533170Main Symbol:TAMBOLI
Stock trades at 52.8, below its 50dma 55.21. However it is trading above its 200dma 48.5. The stock remains weak in the short term due to near term bearish momentum. However overall bullish structure remains intact. Price action will further build up as it moves above its dma50, currently situated at 55.21.
The 52 week high is at 68.35 and the 52week low is at 24.55
Price Chart
P/E Chart
Sales and Margin
Strengths
– has reduced debt.
– is almost debt free.
-Stock is trading at 0.64 times its book value
– is expected to give good quarter
Weakness
– The company has delivered a poor sales growth of 1.79% over past five years.
– has a low return on equity of 9.47% for last 3 years.
-Debtor days have increased from 73.29 to 88.17 days.
Competition
– The industry trades at a mean P/E of 22.3x. SBI Cards trades at the industry’s max P/E of 108.2x. 533170 trades at a P/E of 5.58x
– Industry’s mean G-Factor is 3.0 while the mean Piotski score is 8.0. 533170 has a G-Factor of 5 and Piotski scoreof 8.
– Average 1 month return for industry is 0.6%. The max 1- month return was given by Bajaj Finserv: a return of 10.48 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 15.95 cr compared to Rs 10.56 cr for period ended Jun 2020, a rise of 51.0%
Operating Profits reported at Rs 4.59 cr for period ended Jun 2021 vis-vis 1.48 for period ended Jun 2020 .
Operating Margins expanded 1476.2 bps for period ended Jun 2021 vis-vis Jun 2020 .
The EPS for Jun 2021 was Rs 2.88 compared to Rs 2.57 for previous quarter ended Mar 2021 and Rs 0.64 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 72.0 cr for period ended TTM vis-vis sales of Rs 67.0 cr for the period ended Mar 2021, a growth of 6.9%. The 3 year sales cagr stood at 10.1%.
Operating margins expanded to 26.0% for period ended TTM vis-vis 23.0% for period ended Mar 2021, expansion of 300.0 bps.
Net Profit reported at Rs 12.0 cr for period ended TTM vis-vis sales of Rs 9.0 cr for the period ended Mar 2021, rising 25.0%.
Company recorded a healthy Net Profit CAGR of 19.7% over the last 3 years
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities was positive.
CashFlow from operating activities: Rs 4.0 cr for period ended Mar 2021 vis-vis Rs 2.0 cr for period ended Mar 2020
Sales Growth
Profit Growth Statement
Profit Growth Statement
Stock Price CAGR
Return of Equity
General Comments
– The stock has given a return of 62% 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 28% vis-vis a compounded sales growth of 6% over the last 3 Years. – The compounded profit growth on a TTM basis is 132% vis-vis a compounded profit growth of 10% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Jun 2021 public holding stood at 47.3% vis-vis 47.3% for Mar 2021
Conclusion
– has reduced debt.
– is almost debt free.
-Stock is trading at 0.64 times its book value
– is expected to give good quarter – The company has delivered a poor sales growth of 1.79% over past five years.
– has a low return on equity of 9.47% for last 3 years.
-Debtor days have increased from 73.29 to 88.17 days.
