Mehabe score: 4 G Factor: 1 Piotski Score: 5 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 1 and Piotski score of 5.
Description
Yamini Investment Company is engaged in Investment like Loans & Advance and Investments. Site:YAMNINV Main Symbol:YAMNINV
Stock trades at 2.78, above its 50dma 1.53. It also trades above its 200dma 0.97. The stock remains bullish on techicals
The 52 week high is at 3.06 and the 52week low is at 0.34
Price Chart
P/E Chart
Sales and Margin
Strengths
– is almost debt free.
Weakness
– Stock is trading at 21.76 times its book value
-Though the company is reporting repeated profits, it is not paying out dividend
-Promoter holding has decreased over last quarter: -7.99%
-The company has delivered a poor sales growth of -23.72% over past five years.
-Promoter holding is low: 9.37%
– has a low return on equity of 0.28% for last 3 years.
Competition
– The industry trades at a mean P/E of 27.0x. Yamini Invest trades at the industry’s max P/E of 608.96x. YAMNINV trades at a P/E of 609.0x
– Industry’s mean G-Factor is 2.9 while the mean Piotski score is 6.0. YAMNINV has a G-Factor of 1 and Piotski scoreof 5.
– Average 1 month return for industry is 23.4%. The max 1- month return was given by Yamini Invest: a return of 150.45 %
Quarterly Results
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Company reported negative operating profit of Rs -0.07 cr for period ended Dec 2021. For same period last year, operating profit was -0.09.
Profit & Loss Statement
Profit&Loss Comments
Company reported sales of Rs 3.86 cr for period ended TTM vis-vis sales of Rs 4.36 cr for the period ended Mar 2021, a fall of 13.0%. The 3 year sales cagr stood at 20.6%.
Operating margins shrank to -40.41% for period ended TTM vis-vis 6.65% for period ended Mar 2021, contraction of 4706.0 bps.
Net Profit reported at Rs 0.41 cr for period ended TTM vis-vis sales of Rs 0.19 cr for the period ended Mar 2021, rising 53.7%.
Company recorded a healthy Net Profit CAGR of 29.2% 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 341% on a 1 Year basis vis-vis a return of 98% over the last 3 Years. – The compounded sales growth on a TTM bassis is -3% vis-vis a compounded sales growth of -2% over the last 3 Years. – The compounded profit growth on a TTM basis is % vis-vis a compounded profit growth of 8% over the last 3 Years.
Ratios
Shareholding Pattern
– Public shareholding has risen for the period ended Dec 2021. The Dec 2021 public holding stood at 90.6% vis-vis 82.61% for Sep 2021
Conclusion
– is almost debt free. – Stock is trading at 21.76 times its book value
-Though the company is reporting repeated profits, it is not paying out dividend
-Promoter holding has decreased over last quarter: -7.99%
-The company has delivered a poor sales growth of -23.72% over past five years.
-Promoter holding is low: 9.37%
– has a low return on equity of 0.28% for last 3 years.
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 1.53 and is trading at 2.78 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
