Target Price - 115+
Short Term Target price - 75+
✅ Maris tdg @ 2.7xFY22EEPS is still very cheap
▪️Market Cap just 44cr
▪️Huge ROCE of 33%
▪️Huge ROE of 28%
▪️ *Co has declared PAT of 6.2cr in Q4 (single quarter), while market cap is just 44cr.*
▪️Also Co has declared 1rs Dividend for FY21
✅ Co has Delivered Stunning Performance for Q4FY21
▫️Revenues at 42cr vs 29cr (+45% YoY)
▫️EBITDA at 10.9cr vs 0.54cr (+1919% YoY)
▫️EBITDA Margin at 26% vs 1.9% (+2410% YoY)
▫️PAT at 6.22cr vs loss of 0.56cr YoY
🎯▫️EPS of 7.37 vs (0.58) YoY
Given the Q4 performance and Boom in demand for Cotton Yarns, we estimate FY22 to be the best ever in cos history along with strong Margins & Higher Realisations
▫️Revenues estimated at 145cr
▫️EBITDA estimated at 41cr
▫️PAT estimated at 18.5cr
▫️EPS estimated at 23 per share
✅Co trades at less than 2.7x FY22E EPS (Highly Undervalued)
▫️Company is engaged in manufacture of 100% cotton yarn both for knitting and weaving in single and double ring spun in the count range between Ne 40s to 60s.
▫️Present capacity: 46,176 spindle
Even with a very modest P/E of 5, Stock bound to reach 115+ levels. We suggest a STRONG BUY with a long term view.
Hello, I am from NM Equity
NSE NISM REGISTERED RESEARCH ANALYST
Registration number - NISM-202100015640
Our companies whatsapp / contact number - +918169143442
We are Mumbai based company.
We provide everything for free like Free stock market calls/tips/signals ( all segments)
Free stock market learning, news, ipo updates, e-books, strategies, stock market blogs.
if you open new demat account in upstox using our link.
We also have our app and website
NM Equity ( NISM CERTIFIED RESEARCH ANALYST)
Our batch starting from tomorrow
~3999 rs~ *Only 999 rs per month*
Limited seats left only hurry up
Stock market calls/tips/signals ( all segments )
Stock market news
Ipo updates and signals
Learn Technical analysis
Learn fundamental analysis
Penny stocks trades and many more😍
NM Equity is Perfect solution to learn and earn with stock market
Our website - https://www.nmequity.com
Our instagram page - https://www.instagram.com/nmequity
Whatsapp us at - https://wa.me/+918169143442
*Wait, One great offer for you*
Open new demat account using our link in upstox and get our paid plans for completely free for lifetime.
Upstox is really safe and india second largest broker funded by RATAN TATA and is very secured also sponsor of IPL and now also you can watch advertisement of upstox in television
Use our link to open
Watch this video for more details
*if above links doesn’t work, please save our number and then try*
Please don’t spread any hate, we are giving everything for free.