Mehabe score: 6 G Factor: 5 Piotski Score: 7 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 5 and Piotski score of 7.
Description
Vistar Amar is engaged in trading in fish and fish related activities.Site:538565
Market Cap:
Rs 28.4 cr
Price:
88.9
Trading pe:
12.8x
Book-value:
20.5/share
Div yield:
0.00 %
Earning yield:
10.40%
Face-value:
10.0/share
52week high:
99.00
52week low:
14.01
Technical Analysis
Stock trades at 88.9, above its 50dma 69.33. It also trades above its 200dma 47.45. The stock remains bullish on techicals
The 52 week high is at 99.00 and the 52week low is at 14.01
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
– is expected to give good quarter
– has a good return on equity (ROE) track record: 3 Years ROE 27.13%
-Debtor days have improved from 86.24 to 51.70 days.
Weakness
– Though the company is reporting repeated profits, it is not paying out dividend
Competition
– The industry trades at a mean P/E of 46.8x. 3M India trades at the industry’s max P/E of 190.67x. 538565 trades at a P/E of 12.8x
– Industry’s mean G-Factor is 4.4 while the mean Piotski score is 8.0. 538565 has a G-Factor of 5 and Piotski scoreof 7.
– Average 1 month return for industry is 12.0%. The max 1- month return was given by Redington India: a return of 43.6 %
Quarterly Results
Sales for period ended Mar 2021 is Rs 12.14 cr compared to Rs 9.83 cr for period ended Mar 2020, a rise of 23.5%
Operating Profits reported at Rs 1.25 cr for period ended Mar 2021 vis-vis 0.67 for period ended Mar 2020 .
Operating Margins expanded 348.1 bps for period ended Mar 2021 vis-vis Mar 2020 .
The EPS for Mar 2021 was Rs 2.62 compared to Rs 2.94 for previous quarter ended Dec 2020 and Rs 1.47 for Mar 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 35.58 cr for period ended Mar 2021 vis-vis sales of Rs 21.24 cr for the period ended Mar 2020, a healthy growth of 40.3%. The 3 year sales cagr stood at 99.5%.
Operating margins expanded to 9.58% for period ended Mar 2021 vis-vis 7.67% for period ended Mar 2020, expansion of 191.0 bps.
Net Profit reported at Rs 2.22 cr for period ended Mar 2021 vis-vis sales of Rs 1.09 cr for the period ended Mar 2020, rising 50.9%.
Company recorded a healthy Net Profit CAGR of 380.6% 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 41.0% compared to 27.0% over the last 3 Years. – The stock has given a return of 566% on a 1 Year basis vis-vis a return of 57% over the last 3 Years. – The compounded sales growth on a TTM bassis is 68% vis-vis a compounded sales growth of 100% over the last 3 Years. – The compounded profit growth on a TTM basis is 104% vis-vis a compounded profit growth of 381% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Mar 2021 public holding stood at 34.38% vis-vis 34.38% for Dec 2020
Conclusion
– is almost debt free.
– is expected to give good quarter
– has a good return on equity (ROE) track record: 3 Years ROE 27.13%
-Debtor days have improved from 86.24 to 51.70 days. – Though the company is reporting repeated profits, it is not paying out dividend
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 69.33 and is trading at 88.9, thus bullish price action wise.
