Thejo Engineering Ltd – Engineering Play & Valuations

Thejo Engineering Ltd  closes   at ₹683.55 with  a  Gain   of  +5.0 %   on    27-Aug-2020   with formation of  a  Green   Candle    on Daily  Price Chart.

About the Company : Thejo Engineering is an Engineering Solutions provider for Bulk Material Handling, Mineral Processing and Corrosion Protection to the Core Sector Industries like mining, power, steel, cement, ports and fertilizers. The Companys services include belt conveyor installation, maintenance and operations, while its product portfolio covers design, manufacture and supply of engineering products for Bulk Material Handling, Mineral Processing and Corrosion Protection

Thejo Engineering Ltd has posted Net Sales / Revenue   of ₹201.00 Cr  & Net Profit  of ₹14 Cr in FY2020 . Operating Profit margin is 13% and Met Profit margin is 7% and Tax Paid 27% in FY2020.

Valuations  :  The Company is now Trading at X 1.0 of its  valuations ( last 4Quaters earnings considered here), which indicates that it is now Trading at Par with its Fair Value.

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

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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   |

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   |

Balkrishna Industries Ltd – Agri tyre exports will boost its financials

Balkrishna Industries Ltd is Trading   at ₹1375.95   with  a  Gain   of   + 0.20 %   on    25-Aug-2020   with formation of  a  Green  Candle    on Daily  Price Chart at the time of writing this article.

About the Company : Balkrishna Industries is engaged in the business of manufacturing and selling of Off-Highway Tyres (OHT) in the specialist segments such as Agricultural, Industrial & Construction, Earthmovers & Port, Mining, Forestry, Lawn & Garden and All Terrain Vehicles (ATV).

Balkrishna Industries Ltd has posted Net Sales / Revenue   of ₹4810 Cr  & Net Profit  of ₹960Cr in FY2020 and expected to post Net Sales / Revenue   of ₹4890 Cr & Net Profit of ₹830 Cr in FY2021 and Net Sales / Revenue   of ₹5800 Cr & Net Profit of ₹1060 Cr in FY2022 .

Whats the Future : Management is optimistic to improve the OPM to 28-30% from 77%(FY2020). Doubling the market share in industrial tyre segment (mining and construction). Agriculture tyre exports from India have been strong in US & Europe.

Valuations  :  The Company is now Trading at X 2.0  of its  valuations ( last 4Quaters earnings considered here)at ~100% premium  and at X1.91  of its FY 2021, which is now almost  ~91%  Premium to its value  and X1.49of its FY2022 earnings with a Premium  of ~ 49%.

The Fare Value of Equity Per Share is ₹719.78 for FY2021 and ₹919.00 for FY2022.

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   |