Mehabe score: 2 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
Yamuna Syndicate is engaged in trading & marketing of a wide variety of products. The Company has wide experience in trading of automobile segment especially in Agri- Machinery i.e. that is Tractor.Site:540980Main Symbol:YSL
Stock trades at 16990.0, below its 50dma 18453.94. However it is trading above its 200dma 14552.5. 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 18453.94.
The 52 week high is at 21490.00 and the 52week low is at 8066.00
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
-Stock is trading at 0.54 times its book value
Weakness
– The company has delivered a poor sales growth of 4.13% over past five years.
-Tax rate seems low
– has a low return on equity of 10.28% for last 3 years.
-Earnings include an other income of Rs.102.79 Cr.
Competition
– The industry trades at a mean P/E of 41.7x. Adani Enterp. trades at the industry’s max P/E of 121.39x. 540980 trades at a P/E of 5.04x
– Industry’s mean G-Factor is 3.4 while the mean Piotski score is 7.0. 540980 has a G-Factor of 5 and Piotski scoreof 7.
– Average 1 month return for industry is -8.8%. The max 1- month return was given by Adani Enterp.: a return of 2.58 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 19.81 cr compared to Rs 15.34 cr for period ended Jun 2020, a rise of 29.1%
Operating Profits reported at Rs 0.7 cr for period ended Jun 2021 vis-vis 0.56 for period ended Jun 2020 .
Operating Margins contracted -11.7 bps for period ended Jun 2021 vis-vis Jun 2020 .
The EPS for Jun 2021 was Rs 223.81 compared to Rs 1015.61 for previous quarter ended Mar 2021 and Rs 630.77 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 59.0 cr for period ended TTM vis-vis sales of Rs 55.0 cr for the period ended Mar 2021, a growth of 6.8%. The 3 year sales cagr stood at -3.7%.
Net Profit reported at Rs 104.0 cr for period ended TTM vis-vis sales of Rs 116.0 cr for the period ended Mar 2021, falling 11.5%.
Company recorded a healthy Net Profit CAGR of 16.4% over the last 3 years
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities: Rs -3.0 cr for period ended Mar 2021 vis-vis Rs -75.0 cr for period ended Mar 2020
Sales Growth
Profit Growth Statement
Profit Growth Statement
Stock Price CAGR
Return of Equity
General Comments
– The company has had stable/constant Return on Equity (RoE) metric. The RoE on Last Year basis was 12.0% compared to 10.0% over the last 3 Years. – The stock has given a return of 87% on a 1 Year basis vis-vis a return of 32% over the last 3 Years. – The compounded sales growth on a TTM bassis is 24% vis-vis a compounded sales growth of -1% over the last 3 Years. – The compounded profit growth on a TTM basis is 38% vis-vis a compounded profit growth of 15% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Jun 2021 public holding stood at 25.1% vis-vis 25.1% for Mar 2021
Conclusion
– is almost debt free.
-Stock is trading at 0.54 times its book value – The company has delivered a poor sales growth of 4.13% over past five years.
-Tax rate seems low
– has a low return on equity of 10.28% for last 3 years.
-Earnings include an other income of Rs.102.79 Cr.
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 below its 50 DMA 18453.94 and is trading at 16990.0. Shows a near term lack of buying interest.
