Mehabe score: 5 G Factor: 7 Piotski Score: 6 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 6.
Description
Nahar Polyfilms is engaged into the business of manufacturing and selling of BOPP films.Site:NAHARPOLYMain Symbol:NAHARPOLY
Stock trades at 244.0, above its 50dma 175.15. It also trades above its 200dma 124.8. The stock remains bullish on techicals
The 52 week high is at 241.95 and the 52week low is at 55.65
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
-Stock is trading at 1.14 times its book value
– has delivered good profit growth of 33.15% CAGR over last 5 years
Weakness
– The company has delivered a poor sales growth of 3.16% over past five years.
– has a low return on equity of 8.35% for last 3 years.
Competition
– The industry trades at a mean P/E of 17.4x. EPL Ltd trades at the industry’s max P/E of 32.0x. NAHARPOLY trades at a P/E of 9.56x
– Industry’s mean G-Factor is 5.2 while the mean Piotski score is 9.0. NAHARPOLY has a G-Factor of 7 and Piotski scoreof 6.
– Average 1 month return for industry is 13.1%. The max 1- month return was given by Nahar Poly: a return of 42.52 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 105.0 cr compared to Rs 56.0 cr for period ended Jun 2020, a rise of 87.5%
Operating Profits reported at Rs 21.0 cr for period ended Jun 2021 vis-vis 12.0 for period ended Jun 2020 .
Operating Margins contracted -142.9 bps for period ended Jun 2021 vis-vis Jun 2020 .
The EPS for Jun 2021 was Rs 7.2 compared to Rs 6.62 for previous quarter ended Mar 2021 and Rs 4.93 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 353.0 cr for period ended TTM vis-vis sales of Rs 303.0 cr for the period ended Mar 2021, a healthy growth of 14.2%. The 3 year sales cagr stood at 9.9%.
Operating margins shrank to 21.0% for period ended TTM vis-vis 22.0% for period ended Mar 2021, contraction of 100.0 bps.
Net Profit reported at Rs 68.0 cr for period ended TTM vis-vis sales of Rs 63.0 cr for the period ended Mar 2021, rising 7.4%.
Company recorded a healthy Net Profit CAGR of 78.3% over the last 3 years
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities was positive.
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 14.0% compared to 8.0% over the last 3 Years. – The stock has given a return of 297% on a 1 Year basis vis-vis a return of 73% over the last 3 Years. – The compounded sales growth on a TTM bassis is 9% vis-vis a compounded sales growth of 6% over the last 3 Years. – The compounded profit growth on a TTM basis is 69% vis-vis a compounded profit growth of 76% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Jun 2021 public holding stood at 29.68% vis-vis 29.68% for Mar 2021
Conclusion
– is almost debt free.
-Stock is trading at 1.14 times its book value
– has delivered good profit growth of 33.15% CAGR over last 5 years – The company has delivered a poor sales growth of 3.16% over past five years.
– has a low return on equity of 8.35% for last 3 years.
