Tuesday, August 25, 2020

Matrimony.com Ltd – A Net Profit Multiplier


Matrimony.com Ltd closes   at ₹547.45 with  a  Fall    of  -4.30 %   on    21-Aug-2020   with formation of  a  Red  Candle    on Daily  Price Chart.
About the Company : Matrimony.com is engaged in offers online matchmaking services on internet and mobile platforms. The Company delivers matchmaking services to users in India and the Indian diaspora through websites, mobile sites and mobile apps complemented by a wide on-the-ground network in India.
Matrimony.com Ltd has posted Net Sales / Revenue   of ₹371.80 Cr  & Net Profit  of ₹29.50 Cr in FY2020 and expected to post Net Sales / Revenue   of ₹383.30 Cr & Net Profit of ₹42.20 Cr in FY2021 and Net Sales / Revenue   of ₹435.10 Cr & Net Profit of ₹62.60 Cr in FY2022  & Net Sales / Revenue   of ₹474.80 Cr & Net Profit of ₹96.80  Cr in FY2023 .
EPS which is 13 for FY2020 will improve to 42.0 by FY2023 & OPM from 7.13% in FY2020 to 23.20% by FY2023 and Net Margin from 7.94% in FY2020 to 20.4% during the same period.
Valuations  :  The Company is now Trading at X 3.60  of its  valuations ( last 4Quaters earnings considered here)at ~260% premium  and at X1.74  of its FY 2021, which is now almost  ~74%  Premium to its value  and X1.17  of its FY2022 earnings with a Premium  of ~ 17% & X0.76 of its FY2023 earnings with a Discount of ~24%

The Fare Value of Equity Per Share is ₹311.00 for FY2021 & ₹462.00 for FY2022 and ₹714.00 for FY2023, which Translate the Price of per share  to ₹2572.00 for FY2023.

Disclaimer : We are / may going to take exposure shortly.

Join Us at   Telegram #   https://t.me/TheNiftyNext

Data Source | NSE Website | Screener.In  | Capital Line | Money Control |

The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method. You can reach me/us at | Twitter # NiftyNext1 |  e-Mail : Mail@NiftyNext.Com  |  Tel +91 8802230836  |  Telegram # TheNiftyNext   |


No comments:

Post a Comment

Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.

Subscribe to: Post Comments (Atom)

Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.

Blog Archive