Mehabe score: 3 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 Capital & Financial Services in the business of finance and investment companies and also company is doing Real Estate Business.Site:NAHARCAPMain Symbol:NAHARCAP
Stock trades at 330.0, above its 50dma 191.69. It also trades above its 200dma 126.36. The stock remains bullish on techicals
The 52 week high is at 326.40 and the 52week low is at 53.10
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
-Stock is trading at 0.53 times its book value
– is expected to give good quarter
Weakness
– The company has delivered a poor sales growth of 4.02% over past five years.
– has a low return on equity of 3.18% for last 3 years.
-Earnings include an other income of Rs.68.34 Cr.
Competition
– The industry trades at a mean P/E of 27.3x. SBI Cards trades at the industry’s max P/E of 109.35x. NAHARCAP trades at a P/E of 9.05x
– Industry’s mean G-Factor is 3.5 while the mean Piotski score is 6.0. NAHARCAP has a G-Factor of 7 and Piotski scoreof 6.
– Average 1 month return for industry is 16.6%. The max 1- month return was given by Nahar Capital: a return of 84.85 %
Quarterly Results
Sales for period ended Jun 2021 is Rs 5.0 cr compared to Rs 6.0 cr for period ended Jun 2020, a fall of 16.7%
Company reported operating profit of Rs 2.0 cr for period ended Jun 2021, operating profit margin at 40.0 %.
Operating profit was negative for the same period last year thus company has improved its margins this year
The EPS for Jun 2021 was Rs 34.83 compared to Rs 22.09 for previous quarter ended Mar 2021 and Rs 0.56 for Jun 2020
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 20.0 cr for period ended TTM vis-vis sales of Rs 22.0 cr for the period ended Mar 2021, a fall of 10.0%. The 3 year sales cagr stood at -5.9%.
Operating margins shrank to 58.0% for period ended TTM vis-vis 75.0% for period ended Mar 2021, contraction of 1700.0 bps.
Net Profit reported at Rs 118.0 cr for period ended TTM vis-vis sales of Rs 61.0 cr for the period ended Mar 2021, rising 48.3%.
Company recorded a healthy Net Profit CAGR of 67.7% 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 company has improved its Return on Equity (RoE) metric. The RoE on Last Year basis was 7.0% compared to 3.0% over the last 3 Years. – The stock has given a return of 440% on a 1 Year basis vis-vis a return of 39% over the last 3 Years. – The compounded sales growth on a TTM bassis is 19% vis-vis a compounded sales growth of -7% over the last 3 Years. – The compounded profit growth on a TTM basis is 1548% vis-vis a compounded profit growth of 48% over the last 3 Years.
Ratios
Shareholding Pattern
– FII shareholding has remained largely constant. The Jun 2021 fii holding stood at 0.0% vis-vis 0.0% for Mar 2021 – Public shareholding has remained largely constant. The Jun 2021 public holding stood at 28.91% vis-vis 28.91% for Mar 2021
Conclusion
– is almost debt free.
-Stock is trading at 0.53 times its book value
– is expected to give good quarter – The company has delivered a poor sales growth of 4.02% over past five years.
– has a low return on equity of 3.18% for last 3 years.
-Earnings include an other income of Rs.68.34 Cr.
