Mehabe score: 4 G Factor: 4 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 4 and Piotski score of 8.
Description
Shri Gang Industries & Allied Products is engaged into the business of manufacturing and Sale of Vanaspati, Refined Oils and Bakery Shortening. Site:SHRIGANG Main Symbol:SHRIGANG
The 52 week high is at 2.71 and the 52week low is at 2.59
Price Chart
P/E Chart
Sales and Margin
Strengths
–
Weakness
– Promoter holding is low: 32.57%
-Contingent liabilities of Rs.4.69 Cr.
Competition
– The industry trades at a mean P/E of 27.6x. United Breweries trades at the industry’s max P/E of 115.48x. SHRIGANG trades at a P/E of 0.67x
– Industry’s mean G-Factor is 3.0 while the mean Piotski score is 9.0. SHRIGANG has a G-Factor of 4 and Piotski scoreof 8.
– Average 1 month return for industry is 1.1%. The max 1- month return was given by United Spirits: a return of 8.21 %
Quarterly Results
Sales for period ended Dec 2021 is Rs 20.74 cr compared to Rs 12.92 cr for period ended Dec 2020, a rise of 60.5% .
.
Company reported operating profit of Rs 1.59 cr for period ended Dec 2021 and operating profit margin at 7.7 % for same periodOperating profit was negative for the same period last year. Company has improved its margins this year.
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 65.8 cr for period ended TTM vis-vis sales of Rs 32.19 cr for the period ended Mar 2021, a healthy growth of 51.1%. The 3 year sales cagr stood at 146.4%.
Operating margins expanded to 7.11% for period ended TTM vis-vis -1.37% for period ended Mar 2021, expansion of 848.0 bps.
Net Profit reported at Rs 3.21 cr for period ended TTM vis-vis sales of Rs -3.53 cr for the period ended Mar 2021, rising 0%.
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 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 321800% vis-vis a compounded sales growth of 35% over the last 3 Years. – The compounded profit growth on a TTM basis is 173% vis-vis a compounded profit growth of 5% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has remained largely constant. The Dec 2021 public holding stood at 65.17% vis-vis 65.17% for Sep 2021
Conclusion
– – Promoter holding is low: 32.57%
-Contingent liabilities of Rs.4.69 Cr.
