Mehabe score: 4 G Factor: 0 Piotski Score: 2 The stock has a rating OBSERVE & 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 0 and Piotski score of 2.
Description
Alka Securities is an India-based financial services company. The Company offers corporate advisory and capital syndication services Site:ALKASEC Main Symbol:ALKASEC
Stock trades at 0.37, above its 50dma 0.3. It also trades above its 200dma 0.26. The stock remains bullish on techicals
The 52 week high is at 0.40 and the 52week low is at 0.21
Price Chart
P/E Chart
Sales and Margin
Strengths
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Weakness
– Promoters have pledged 65.38% of their holding.
Competition
– The industry trades at a mean P/E of 11.4x. DB Intl.Stock trades at the industry’s max P/E of 72.39x. ALKASEC trades at a P/E of 16.9x
– Industry’s mean G-Factor is 3.4 while the mean Piotski score is 8.0. ALKASEC has a G-Factor of 0 and Piotski scoreof 2.
– Average 1 month return for industry is 40.1%. The max 1- month return was given by DB Intl.Stock: a return of 140.91 %
Quarterly Results
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Company reported negative operating profit of Rs -0.18 cr for period ended Sep 2021. For same period last year, operating profit was -0.04.
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 0.46 cr for period ended TTM vis-vis sales of Rs 0.47 cr for the period ended Mar 2021, a fall of 2.2%. The 3 year sales cagr stood at 258.3%.
Operating margins shrank to -47.83% for period ended TTM vis-vis -12.77% for period ended Mar 2021, contraction of 3506.0 bps.
Net Profit reported at Rs 0.21 cr for period ended TTM vis-vis sales of Rs 0.02 cr for the period ended Mar 2021, rising 90.5%.
Company recorded a healthy Net Profit CAGR of 20.5% 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 % on a 1 Year basis vis-vis a return of 14% over the last 3 Years. – The compounded sales growth on a TTM bassis is 161% vis-vis a compounded sales growth of -1% over the last 3 Years. – The compounded profit growth on a TTM basis is 400% vis-vis a compounded profit growth of -13% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Sep 2021 public holding stood at 53.1% vis-vis 53.1% for Mar 2021
Conclusion
– – Promoters have pledged 65.38% of their holding.
Fundamentally, the stock remains weak on business fundamentals. Weak near term results have dampened and questioned business drivers. We suggest to wait for a upturn in business performance.
Technically, the stock trades above its 50 DMA 0.3 and is trading at 0.37 It has shown near term bullish momentum contrary to business fundamentals. We suggest to observe price action. However as investors, who like to avoid timing the markets, we suggest to avoid the stock
