Mehabe score: 5 G Factor: 5 Piotski Score: 5 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 5.
Description
Gujarat Apollo Industries is primarily engaged in the manufacturing of different types of Mining & Road Construction and Maintenance Machineries catering to the needs of the majority of the mining companies in India and many parts of the world.Site:GUJAPOLLO
Market Cap:
Rs 301 cr
Price:
255.0
Trading pe:
6.61x
Book-value:
452/share
Div yield:
1.18 %
Earning yield:
67.78%
Face-value:
10.0/share
52week high:
273.90
52week low:
159.80
Technical Analysis
Stock trades at 255.0, above its 50dma 224.16. It also trades above its 200dma 209.15. The stock remains bullish on techicals
The 52 week high is at 273.90 and the 52week low is at 159.80
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
-Stock is trading at 0.56 times its book value
– is expected to give good quarter
– has delivered good profit growth of 21.86% CAGR over last 5 years
-Promoter holding has increased by 1.69% over last quarter.
Weakness
– The company has delivered a poor sales growth of -7.56% over past five years.
– has a low return on equity of 6.34% for last 3 years.
-Earnings include an other income of Rs.98.55 Cr.
-Promoter holding has decreased over last 3 years: -5.97%
Competition
– The industry trades at a mean P/E of 18.6x. GMM Pfaudler trades at the industry’s max P/E of 93.39x. GUJAPOLLO trades at a P/E of 6.61x
– Industry’s mean G-Factor is 3.6 while the mean Piotski score is 8.0. GUJAPOLLO has a G-Factor of 5 and Piotski scoreof 5.
– Average 1 month return for industry is 0.8%. The max 1- month return was given by Guj Apollo Inds: a return of 10.63 %
Quarterly Results
Sales for period ended Mar 2021 is Rs 18.94 cr compared to Rs 5.72 cr for period ended Mar 2020, a rise of 231.1%
Company reported negative operating profit of Rs -5.12 cr for period ended Mar 2021. For same period last year, operating profit was -2.31
The EPS for Mar 2021 was Rs -2.16 compared to Rs 3.32 for previous quarter ended Dec 2020 and Rs 8.48 for Mar 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 55.0 cr for period ended Mar 2021 vis-vis sales of Rs 26.0 cr for the period ended Mar 2020, a healthy growth of 52.7%. The 3 year sales cagr stood at -6.8%.
Operating margins expanded to -20.0% for period ended Mar 2021 vis-vis -26.0% for period ended Mar 2020, expansion of 600.0 bps.
Net Profit reported at Rs 45.0 cr for period ended Mar 2021 vis-vis sales of Rs 26.0 cr for the period ended Mar 2020, rising 42.2%.
Company recorded a healthy Net Profit CAGR of 13.2% 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 stock has given a return of 51% on a 1 Year basis vis-vis a return of 9% over the last 3 Years. – The compounded sales growth on a TTM bassis is 108% vis-vis a compounded sales growth of -7% over the last 3 Years. – The compounded profit growth on a TTM basis is 74% vis-vis a compounded profit growth of 34% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Mar 2021 public holding stood at 43.13% vis-vis 43.23% for Dec 2020
Conclusion
– is almost debt free.
-Stock is trading at 0.56 times its book value
– is expected to give good quarter
– has delivered good profit growth of 21.86% CAGR over last 5 years
-Promoter holding has increased by 1.69% over last quarter. – The company has delivered a poor sales growth of -7.56% over past five years.
– has a low return on equity of 6.34% for last 3 years.
-Earnings include an other income of Rs.98.55 Cr.
-Promoter holding has decreased over last 3 years: -5.97%
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 above its 50 DMA 224.16 and is trading at 255.0, thus bullish price action wise.
