Mehabe score: 6 G Factor: 5 Piotski Score: 8 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 5 and Piotski score of 8. Site:UTIAMCMain Symbol:UTIAMC
Stock trades at 955.0, above its 50dma 808.8. It also trades above its 200dma 658.46. The stock remains bullish on techicals
The 52 week high is at 948.85 and the 52week low is at 471.10
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
– is expected to give good quarter
– has been maintaining a healthy dividend payout of 31.43%
Weakness
– has a low return on equity of 13.75% for last 3 years.
Competition
– The industry trades at a mean P/E of 27.3x. SBI Cards trades at the industry’s max P/E of 106.86x. UTIAMC trades at a P/E of 24.5x
– Industry’s mean G-Factor is 3.6 while the mean Piotski score is 8.0. UTIAMC has a G-Factor of 5 and Piotski scoreof 8.
– Average 1 month return for industry is 3.7%. The max 1- month return was given by Bajaj Finserv: a return of 12.87 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 344.0 cr compared to Rs 261.0 cr for period ended Jun 2020, a rise of 31.8%
Operating Profits reported at Rs 195.0 cr for period ended Jun 2021 vis-vis 125.0 for period ended Jun 2020 .
Operating Margins expanded 879.3 bps for period ended Jun 2021 vis-vis Jun 2020 .
The EPS for Jun 2021 was Rs 12.23 compared to Rs 10.56 for previous quarter ended Mar 2021 and Rs 7.99 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 1252.0 cr for period ended TTM vis-vis sales of Rs 1169.0 cr for the period ended Mar 2021, a growth of 6.6%. The 3 year sales cagr stood at 6.0%.
Operating margins expanded to 55.0% for period ended TTM vis-vis 53.0% for period ended Mar 2021, expansion of 200.0 bps.
Net Profit reported at Rs 548.0 cr for period ended TTM vis-vis sales of Rs 494.0 cr for the period ended Mar 2021, rising 9.9%.
Company recorded a healthy Net Profit CAGR of 15.8% over the last 3 years
Balance Sheet Statement
Cash Flow Statement
Cash Flow comments
CashFlow from operating activities was positive.
CashFlow from operating activities: Rs 249.0 cr for period ended Mar 2021 vis-vis Rs 181.0 cr for period ended Mar 2020
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 16.0% compared to 14.0% over the last 3 Years. – The stock has given a return of % on a 1 Year basis vis-vis a return of % over the last 3 Years. – The compounded sales growth on a TTM bassis is 37% vis-vis a compounded sales growth of 1% over the last 3 Years. – The compounded profit growth on a TTM basis is 82% vis-vis a compounded profit growth of 7% over the last 3 Years.
Ratios
Shareholding Pattern
– FII shareholding has fallen for the period ended Jun 2021. The Jun 2021 fii holding stood at 4.07% vis-vis 28.36% for Mar 2021 – Public shareholding has remained largely constant. The Jun 2021 public holding stood at 9.17% vis-vis 8.95% for Mar 2021
Conclusion
– is almost debt free.
– is expected to give good quarter
– has been maintaining a healthy dividend payout of 31.43% – has a low return on equity of 13.75% for last 3 years.
