Mehabe score: 2 G Factor: 4 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 4 and Piotski score of 5.
Description
Silly Monks Entertainment Limited is an India-based digital media and entertainment company. The Company is focused on digital media publishing, movie/content production, celebritys social media management, application development, audio content distribution, Google ad word and online / digital advertising, event management, and live band performances.Site:SILLYMONKS
Market Cap:
Rs 24.0 cr
Price:
23.6
Trading pe:
x
Book-value:
15.8/share
Div yield:
2.11 %
Earning yield:
-4.77%
Face-value:
10.0/share
52week high:
37.50
52week low:
18.00
Technical Analysis
Stock trades at 23.6, above its 50dma 22.55. However it is trading below its 200dma 24.45. The stock remains weak though short term bullish momentum supports price action. It needs to close above 24.45 for bullish price action to continue
The 52 week high is at 37.50 and the 52week low is at 18.00
Price Chart
P/E Chart
Sales and Margin
Strengths
– has reduced debt.
– is almost debt free.
– has been maintaining a healthy dividend payout of 51.69%
-Debtor days have improved from 75.01 to 50.26 days.
Weakness
– has low interest coverage ratio.
– has a low return on equity of 7.55% for last 3 years.
Competition
– The industry trades at a mean P/E of 21.4x. Saregama India trades at the industry’s max P/E of 42.01x. SILLYMONKS trades at a P/E of x
– Industry’s mean G-Factor is 3.4 while the mean Piotski score is 8.0. SILLYMONKS has a G-Factor of 4 and Piotski scoreof 5.
– Average 1 month return for industry is 17.5%. The max 1- month return was given by PVR: a return of 24.51 %
Quarterly Results
Sales for period ended Mar 2021 is Rs 3.95 cr compared to Rs 6.96 cr for period ended Mar 2020, a fall of 43.2%
Company reported negative operating profit of Rs -2.24 cr for period ended Mar 2021. For same period last year, operating profit was 1.06
The EPS for Mar 2021 was Rs -1.48 compared to Rs -0.29 for previous quarter ended Dec 2020 and Rs 0.86 for Mar 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 22.57 cr for period ended Mar 2021 vis-vis sales of Rs 32.39 cr for the period ended Mar 2020, a fall of 43.5%. The 3 year sales cagr stood at 13.0%.
Operating margins shrank to -26.32% for period ended Mar 2021 vis-vis 7.66% for period ended Mar 2020, contraction of 3398.0 bps.
Net Profit reported at Rs -5.45 cr for period ended Mar 2021 vis-vis sales of Rs 1.15 cr for the period ended Mar 2020, falling 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 company has had stable/constant Return on Equity (RoE) metric. The RoE on Last Year basis was 6.0% compared to 8.0% over the last 3 Years. – The stock has given a return of 1% on a 1 Year basis vis-vis a return of -18% over the last 3 Years. – The compounded sales growth on a TTM bassis is 55% vis-vis a compounded sales growth of 39% over the last 3 Years. – The compounded profit growth on a TTM basis is 64% vis-vis a compounded profit growth of -7% over the last 3 Years.
Ratios
Conclusion
– has reduced debt.
– is almost debt free.
– has been maintaining a healthy dividend payout of 51.69%
-Debtor days have improved from 75.01 to 50.26 days. – has low interest coverage ratio.
– has a low return on equity of 7.55% for last 3 years.
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 22.55 and is trading at 23.6, thus bullish price action wise.
