NxtDigital Ltd (500189) closes at ₹529.35 with
a Gain of +1.00% on
21-May-2021 with formation of a Small Red
Candle on Daily Price Chart.
About the Company : NXTDIGITAL
Limited (formerly known as Hinduja Ventures Limited), a part of the Hinduja
Group is engaged in the distribution of TV signals both through Cable and
Satellite and also provides broadband services through its subsidiary ONEOTT
Intertainment Limited (OIL)
Strength : 1. Reducing Debt by disposing
land & Property of Rs.250.00Cr in Bangalore & Hydrabad in this currency
fiscal year.
2.Rights Issue of Rs. 300.00 Cr approved
recently.
3.Debt to Equity to be below 1.
4.The company has identified two growth
drivers: Infrastructure sharing or platform as a sercive (PaaS) model and
strategic allinace partnerships to increase broadband pentration.
.Financials
: NxtDigital Ltd has posted Net Sales /
Revenue of ₹975.00 Cr &
Net Loss of ₹29.00 Cr in FY2021 .
Valuations : The Company is now in Loss and our valuations method works only with Profit
making companies. We express our inability to value the company right now.
Margin of Safety (1Yr Bond Yield: Value>1 ) is now -0.8 ; which implies that 20% Fall in CMP will
make it attractive for investment . The Equity Value Per Share ( Enterprise Value Method ) is ₹483.10.
Net Debt / EBITDA ( Debt pay Capacity by Co. in Years: > 4 is Alarming ) is 4.1 for FY2021.
Disclaimer :
We are / may going to take exposure shortly.
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Data
Source | NSE Website | Screener.In | Capital
Line | Money
Control |
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avenues of return based on Fundamental Valuations of Stocks, a follower of EPV
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