Mehabe score: 2 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.
Description
Kriti Nutrients is in the business of Soya Seed Extraction and Manufacturing & Selling of cooking oil under its own brand KRITI. Site:KRITINUT Main Symbol:KRITINUT
Stock trades at 48.1, below its 50dma 124.28 and below its 200dma 109.65. The stock remains bearish on technicals
The 52 week high is at 158.00 and the 52week low is at 53.00
Price Chart
P/E Chart
Sales and Margin
Strengths
– has reduced debt.
– is almost debt free.
– is expected to give good quarter
Weakness
–
Competition
– The industry trades at a mean P/E of 48.8x. Manorama Indust. trades at the industry’s max P/E of 118.33x. KRITINUT trades at a P/E of 23.4x
– Industry’s mean G-Factor is 4.8 while the mean Piotski score is 7.0. KRITINUT has a G-Factor of 5 and Piotski scoreof 8.
– Average 1 month return for industry is 13.5%. The max 1- month return was given by BCL Industries: a return of 34.82 %
Quarterly Results
Sales for period ended Dec 2021 is Rs 238.69 cr compared to Rs 175.02 cr for period ended Dec 2020, a rise of 36.4% .
vis-vis 5.11 for period ended Dec 2020 .
Operating Margins expanded 16.0 bps for period ended Dec 2021 vis-vis Dec 2020.
Company reported operating profit of Rs 7.35 cr for period ended Dec 2021 and operating profit margin at 3.1 % for same period.
The EPS for quarter ended Dec 2021 is Rs 1.01 compared to Rs 0.36 for previous quarter ended Sep 2021 and Rs 0.71 for Dec 2020.
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 754.0 cr for period ended TTM vis-vis sales of Rs 690.0 cr for the period ended Mar 2021, a growth of 8.5%. The 3 year sales cagr stood at 15.8%.
Operating margins shrank to 2.0% for period ended TTM vis-vis 3.0% for period ended Mar 2021, contraction of 100.0 bps.
Net Profit reported at Rs 10.0 cr for period ended TTM vis-vis sales of Rs 15.0 cr for the period ended Mar 2021, falling 50.0%.
Company reported a poor Net Profit CAGR of -16.2% 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 worsened on its Return on Equity (RoE) metric. The RoE on Last Year basis was 16.0% compared to 22.0% over the last 3 Years. – The stock has given a return of 6% 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 26% vis-vis a compounded sales growth of 14% over the last 3 Years. – The compounded profit growth on a TTM basis is -49% vis-vis a compounded profit growth of -2% over the last 3 Years.
Ratios
Shareholding Pattern
– FII shareholding has remained largely constant. The Dec 2021 fii holding stood at 0.0% vis-vis 0.0% for Sep 2021 – Public shareholding has remained largely constant. The Dec 2021 public holding stood at 33.63% vis-vis 33.63% for Sep 2021
Conclusion
– has reduced debt.
– is almost debt free.
– is expected to give good quarter –
