Mehabe score: 6 G Factor: 7 Piotski Score: 5 The stock has a rating . 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 7 and Piotski score of 5.
Description
Geojit Financial Services is engaged in the business of Financial Services Activities.Site:GEOJITFSLMain Symbol:GEOJITFSL
Stock trades at 84.6, above its 50dma 70.88. It also trades above its 200dma 56.01. The stock remains bullish on techicals
The 52 week high is at 87.00 and the 52week low is at 32.20
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
-Stock is providing a good dividend yield of 4.13%.
– is expected to give good quarter
– has delivered good profit growth of 26.72% CAGR over last 5 years
– has been maintaining a healthy dividend payout of 82.30%
Weakness
– The company has delivered a poor sales growth of 9.59% over past five years.
– has a low return on equity of 12.42% for last 3 years.
Competition
– The industry trades at a mean P/E of 15.3x. Adit.Birla Money trades at the industry’s max P/E of 25.87x. GEOJITFSL trades at a P/E of 16.4x
– Industry’s mean G-Factor is 5.1 while the mean Piotski score is 8.0. GEOJITFSL has a G-Factor of 7 and Piotski scoreof 5.
– Average 1 month return for industry is 35.3%. The max 1- month return was given by Titan Securities: a return of 94.65 %
Quarterly Results
Sales for period ended Mar 2021 is Rs 121.0 cr compared to Rs 82.0 cr for period ended Mar 2020, a rise of 47.6%
Operating Profits reported at Rs 53.0 cr for period ended Mar 2021 vis-vis 32.0 for period ended Mar 2020 .
Operating Margins expanded 477.7 bps for period ended Mar 2021 vis-vis Mar 2020 .
The EPS for Mar 2021 was Rs 1.53 compared to Rs 1.28 for previous quarter ended Dec 2020 and Rs 0.79 for Mar 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 425.0 cr for period ended Mar 2021 vis-vis sales of Rs 306.0 cr for the period ended Mar 2020, a healthy growth of 28.0%. The 3 year sales cagr stood at 5.4%.
Operating margins expanded to 45.0% for period ended Mar 2021 vis-vis 33.0% for period ended Mar 2020, expansion of 1200.0 bps.
Net Profit reported at Rs 123.0 cr for period ended Mar 2021 vis-vis sales of Rs 47.0 cr for the period ended Mar 2020, rising 61.8%.
Company recorded a healthy Net Profit CAGR of 19.0% 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 22.0% compared to 12.0% over the last 3 Years. – The stock has given a return of 99% on a 1 Year basis vis-vis a return of 2% over the last 3 Years. – The compounded sales growth on a TTM bassis is 39% vis-vis a compounded sales growth of 5% over the last 3 Years. – The compounded profit growth on a TTM basis is 147% vis-vis a compounded profit growth of 19% over the last 3 Years.
Ratios
Shareholding Pattern
– FII shareholding has remained largely constant. The Mar 2021 fii holding stood at 1.57% vis-vis 1.62% for Dec 2020 – Public shareholding has remained largely constant. The Mar 2021 public holding stood at 36.23% vis-vis 36.17% for Dec 2020
Conclusion
– is almost debt free.
-Stock is providing a good dividend yield of 4.13%.
– is expected to give good quarter
– has delivered good profit growth of 26.72% CAGR over last 5 years
– has been maintaining a healthy dividend payout of 82.30% – The company has delivered a poor sales growth of 9.59% over past five years.
– has a low return on equity of 12.42% for last 3 years.
