Mehabe score: 5 G Factor: 3 Piotski Score: 5 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 3 and Piotski score of 5.
Description
Mayukh Dealtrade Limited operates as an investment company. The Company deals in shares, debentures, bonds, obligations, and securities. Mayukh Dealtrade conducts business in India.Site:539519Main Symbol:MAYUKH
Stock trades at 33.4, above its 50dma 25.53. It also trades above its 200dma 15.42. The stock remains bullish on techicals
The 52 week high is at 33.80 and the 52week low is at 4.25
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
Weakness
– Stock is trading at 5.87 times its book value
-Promoter holding has decreased over last quarter: -0.73%
-The company has delivered a poor sales growth of 5.22% over past five years.
-Promoter holding is low: 18.91%
– has a low return on equity of 3.86% for last 3 years.
– has high debtors of 384.81 days.
Competition
– The industry trades at a mean P/E of 51.3x. 3M India trades at the industry’s max P/E of 182.8x. 539519 trades at a P/E of 48.6x
– Industry’s mean G-Factor is 3.8 while the mean Piotski score is 7.0. 539519 has a G-Factor of 3 and Piotski scoreof 5.
– Average 1 month return for industry is 4.6%. The max 1- month return was given by Rain Industries: a return of 35.22 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 0.54 cr compared to Rs 0.1 cr for period ended Jun 2020, a rise of 440.0%
Operating Profits reported at Rs 0.35 cr for period ended Jun 2021 vis-vis 0.01 for period ended Jun 2020 .
Operating Margins expanded 5481.5 bps for period ended Jun 2021 vis-vis Jun 2020 .
The EPS for Jun 2021 was Rs 0.39 compared to Rs 0.58 for previous quarter ended Mar 2021 and Rs 0.02 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 2.04 cr for period ended TTM vis-vis sales of Rs 1.29 cr for the period ended Mar 2021, a healthy growth of 36.8%. The 3 year sales cagr stood at 244.3%.
Operating margins expanded to 60.29% for period ended TTM vis-vis 51.16% for period ended Mar 2021, expansion of 913.0 bps.
Net Profit reported at Rs 0.84 cr for period ended TTM vis-vis sales of Rs 0.44 cr for the period ended Mar 2021, rising 0%.
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 13.0% compared to 4.0% over the last 3 Years. – The stock has given a return of 575% on a 1 Year basis vis-vis a return of 75% over the last 3 Years. – The compounded sales growth on a TTM bassis is 200% vis-vis a compounded sales growth of -3% over the last 3 Years. – The compounded profit growth on a TTM basis is % vis-vis a compounded profit growth of 122% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Jun 2021 public holding stood at 81.09% vis-vis 80.36% for Mar 2021
Conclusion
– is almost debt free. – Stock is trading at 5.87 times its book value
-Promoter holding has decreased over last quarter: -0.73%
-The company has delivered a poor sales growth of 5.22% over past five years.
-Promoter holding is low: 18.91%
– has a low return on equity of 3.86% for last 3 years.
– has high debtors of 384.81 days.
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 25.53 and is trading at 33.4 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
