Mehabe score: 4 G Factor: 1 Piotski Score: 6 The stock has a rating OBSERVE & 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 1 and Piotski score of 6.
Description
S V Global Mill is engaged in the Business of Real Estate.Site:535621
Market Cap:
Rs 94.2 cr
Price:
52.1
Trading pe:
116.0x
Book-value:
34.9/share
Div yield:
0.00 %
Earning yield:
1.88%
Face-value:
5.00/share
52week high:
59.75
52week low:
26.60
Technical Analysis
Stock trades at 52.1, above its 50dma 46.8. It also trades above its 200dma 39.67. The stock remains bullish on techicals
The 52 week high is at 59.75 and the 52week low is at 26.60
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
Weakness
– has a low return on equity of -2.04% for last 3 years.
– has high debtors of 2260.57 days.
-Promoter holding has decreased over last 3 years: -5.90%
Competition
– The industry trades at a mean P/E of 40.1x. Phoenix Mills trades at the industry’s max P/E of 265.89x. 535621 trades at a P/E of 116.0x
– Industry’s mean G-Factor is 3.0 while the mean Piotski score is 7.0. 535621 has a G-Factor of 1 and Piotski scoreof 6.
– Average 1 month return for industry is 3.9%. The max 1- month return was given by NBCC: a return of 12.47 %
Quarterly Results
Sales for period ended Mar 2021 is Rs 1.77 cr compared to Rs 1.57 cr for period ended Mar 2020, a rise of 12.7%
Operating Profits reported at Rs 0.67 cr for period ended Mar 2021 vis-vis 0.13 for period ended Mar 2020 .
Operating Margins expanded 2957.3 bps for period ended Mar 2021 vis-vis Mar 2020 .
The EPS for Mar 2021 was Rs 0.14 compared to Rs 0.2 for previous quarter ended Dec 2020 and Rs -0.1 for Mar 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 6.41 cr for period ended Mar 2021 vis-vis sales of Rs 6.62 cr for the period ended Mar 2020, a fall of 3.3%. The 3 year sales cagr stood at -18.3%.
Operating margins expanded to 40.25% for period ended Mar 2021 vis-vis 23.72% for period ended Mar 2020, expansion of 1653.0 bps.
Net Profit reported at Rs 1.3 cr for period ended Mar 2021 vis-vis sales of Rs 0.2 cr for the period ended Mar 2020, rising 84.6%.
Company reported a poor Net Profit CAGR of -40.5% over the last 3 years
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities: Rs 0.0 cr for period ended Mar 2021 vis-vis Rs -0.74 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 57% on a 1 Year basis vis-vis a return of -19% over the last 3 Years. – The compounded sales growth on a TTM bassis is -23% vis-vis a compounded sales growth of % over the last 3 Years. – The compounded profit growth on a TTM basis is 104% vis-vis a compounded profit growth of -49% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has risen for the period ended Mar 2021. The Mar 2021 public holding stood at 25.66% vis-vis 22.18% for Dec 2020
Conclusion
– is almost debt free. – has a low return on equity of -2.04% for last 3 years.
– has high debtors of 2260.57 days.
-Promoter holding has decreased over last 3 years: -5.90%
Fundamentally, the stock remains weak on business fundamentals. Weak near term results have dampened and questioned business drivers. We suggest to wait for a upturn in business performance.
Technically, the stock trades above its 50 DMA 46.8 and is trading at 52.1 It has shown near term bullish momentum contrary to business fundamentals. We suggest to observe price action. However as investors, who like to avoid timing the markets, we suggest to avoid the stock
