Mehabe score: 2 G Factor: 1 Piotski Score: 7 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 7. Site:DWL Main Symbol:DWL
Stock trades at 122.0, above its 50dma 56.39. It also trades above its 200dma 41.01. The stock remains bullish on techicals
The 52 week high is at 84.65 and the 52week low is at 23.00
Price Chart
P/E Chart
Sales and Margin
Strengths
–
Weakness
– has low interest coverage ratio.
Competition
– The industry trades at a mean P/E of 41.6x. Adani Enterp. trades at the industry’s max P/E of 163.71x. DWL trades at a P/E of x
– Industry’s mean G-Factor is 3.2 while the mean Piotski score is 8.0. DWL has a G-Factor of 1 and Piotski scoreof 7.
– Average 1 month return for industry is 7.4%. The max 1- month return was given by Dhruv Wellness: a return of 49.69 %
Quarterly Results
Company reported negative operating profit of Rs -5.15 cr for period ended Mar 2021. For same period last year, operating profit was 1.81
The EPS for Mar 2021 was Rs -4.89 compared to Rs -2.31 for previous quarter ended Sep 2020 and Rs 0.31 for Mar 2019
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 0.0 cr for period ended Mar 2021 vis-vis sales of Rs 42.33 cr for the period ended Mar 2020, a fall of 0%.
Net Profit reported at Rs -5.15 cr for period ended Mar 2021 vis-vis sales of Rs -24.67 cr for the period ended Mar 2020, 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 stock has given a return of % on a 1 Year basis vis-vis a return of 12% over the last 3 Years. – The compounded sales growth on a TTM bassis is -100% vis-vis a compounded sales growth of % over the last 3 Years. – The compounded profit growth on a TTM basis is 79% vis-vis a compounded profit growth of % over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Sep 2021 public holding stood at 26.76% vis-vis 26.76% for Mar 2021
Conclusion
– – has low interest coverage ratio.
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 56.39 and is trading at 122.0 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
