Mehabe score: 5 G Factor: 4 Piotski Score: 3 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 4 and Piotski score of 3.
Description
Quint Digital Media is engaged in the Operation of other websites that act as portals to the internet.Site:539515Main Symbol:QUINT
Stock trades at 324.0, above its 50dma 312.31. It also trades above its 200dma 261.7. The stock remains bullish on techicals
The 52 week high is at 342.85 and the 52week low is at 141.00
Price Chart
P/E Chart
Sales and Margin
Strengths
– Promoter holding has increased by 2.32% over last quarter.
Weakness
– Stock is trading at 22.87 times its book value
– has low interest coverage ratio.
– has a low return on equity of -70.07% for last 3 years.
-Earnings include an other income of Rs.0.67 Cr.
– has high debtors of 190.36 days.
-Promoter holding has decreased over last 3 years: -11.14%
Competition
– The industry trades at a mean P/E of 50.7x. 3M India trades at the industry’s max P/E of 183.51x. 539515 trades at a P/E of x
– Industry’s mean G-Factor is 3.9 while the mean Piotski score is 7.0. 539515 has a G-Factor of 4 and Piotski scoreof 3.
– Average 1 month return for industry is 1.6%. The max 1- month return was given by Redington India: a return of 24.82 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 6.39 cr compared to Rs 3.1 cr for period ended Jun 2020, a rise of 106.1%
Company reported operating profit of Rs 1.94 cr for period ended Jun 2021, operating profit margin at 30.4 %.
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 0.22 compared to Rs 0.21 for previous quarter ended Mar 2021 and Rs -8.9 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 24.42 cr for period ended TTM vis-vis sales of Rs 21.13 cr for the period ended Mar 2021, a healthy growth of 13.5%.
Operating margins expanded to 28.05% for period ended TTM vis-vis 4.4% for period ended Mar 2021, expansion of 2365.0 bps.
Net Profit reported at Rs 1.47 cr for period ended TTM vis-vis sales of Rs -1.86 cr for the period ended Mar 2021, rising 226.5%.
Company recorded a healthy Net Profit CAGR of 137.3% 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 -8.0% compared to -70.0% over the last 3 Years. – The stock has given a return of 85% on a 1 Year basis vis-vis a return of 210% over the last 3 Years. – The compounded sales growth on a TTM bassis is 51% vis-vis a compounded sales growth of 181% over the last 3 Years. – The compounded profit growth on a TTM basis is 93% vis-vis a compounded profit growth of % over the last 3 Years.
Ratios
Shareholding Pattern
– FII shareholding has remained largely constant. The Mar 2021 fii holding stood at 9.89% vis-vis 9.89% for Dec 2020 – Public shareholding has fallen for the period ended Mar 2021. The Mar 2021 public holding stood at 34.78% vis-vis 37.1% for Dec 2020
Conclusion
– Promoter holding has increased by 2.32% over last quarter. – Stock is trading at 22.87 times its book value
– has low interest coverage ratio.
– has a low return on equity of -70.07% for last 3 years.
-Earnings include an other income of Rs.0.67 Cr.
– has high debtors of 190.36 days.
-Promoter holding has decreased over last 3 years: -11.14%
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 312.31 and is trading at 324.0 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
