SKM Egg Products Export (India) Ltd (532143) – Rising Egg Price will strength its Bottom Line

SKM Egg Products Export (India) Ltd (532143)  closes   at ₹65.00  with  a   Gain  of   +2.90%   on    21-May-2021  with formation of  a  Small  Red  Candle    on Daily  Price Chart.

About the Company : Skm Egg Products Export (India) Limited is a manufacturer and supplier of egg products in the international market. The Company operates through egg powder manufacturing segment. It offers Egg Yolk Powder, Egg Albumine Powder and Whole Egg Powder. It offers Whole Egg Powder-Standard, Whole Egg Powder-High Color, Whole Egg Powder-High Gel, Whole Egg Powder-Heat Stable and Whole Egg Powder-Free Flow. Its Egg Yolk Powder products include Egg Yolk Powder-Standard, Egg Yolk Powder-High Color, Egg Yolk Powder-Heat Stable and Egg Yolk Powder-Free Flow. It offers Egg Albumen Powder-High Gel and Egg Albumen Powder-High Whip. The Company also offers a range of bakery mix products, such as whole egg powder with sugar, and whole egg powder with sugar and glucose. It also offers Egg Albumen Liquid, Egg Yolk Liquid and Whole Egg Liquid. The Company also supplies customized egg liquids with ingredients. It offers a range of egg yolk liquids, such as salted yolk and heat stable egg yolk.

Strength : 1. Farmgate egg prices are ruling high at ₹4.60­5 a piece.

Financials SKM Egg Products Export (India) Ltd  has posted Net Sales / Revenue   of ₹ 313.00 Cr & Net Profit of ₹5.00 Cr in FY2020 and expected to post Net Sales / Revenue   of ₹284.00 Cr & Net Profit of ₹14.00 Cr in FY2021

Valuations  : The Company is now Trading at X 0.1  of its  valuations ( last 4Quaters earnings considered here) at a Fair Value  and at X0.74  of its FY 2021, which is now almost  ~26%  Discount    to its value .

If We factor its earnings/valuations, its Price arrives at ₹88.10 with consideration FY2021 earnings.

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

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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   |

 

NxtDigital Ltd (500189) – Reducing Debt

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 |

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   |

 

Visaka Industries Ltd (509055) – Now Available at 40% Discount

Visaka Industries Ltd (509055)  closes   at ₹676.30  with  a  Loss  of   -1.20%   on    14-May-2021  with formation of  a  Small  Red  Candle    on Daily  Price Chart.

About the Company : Visaka Industries Ltd is engaged in the business of manufacture of cement fibre sheets, fibre cement boards & panels, solar panels and synthetic yarn.

Sector Update : Stable

Strength :  1. Yarn business returned to growth in Q4(2020-21)

2. The asbestos cement roofing industry is seeing a strong demand and pricing tailwinds after a disappointing period of 2-3 years. The sharp surge in domestic and international steel prices also seems to be benefiting asbestos sheet manufacturers.

3. Solid progress on market positioning and cost-control initiatives.

Financials : Visaka Industries Ltd has posted Net Sales / Revenue   of ₹1146.20 Cr & Net Profit of ₹110.60 Cr in FY2021 and expected to post Net Sales / Revenue   of ₹1261.30 Cr & Net Profit  of ₹113.60 Cr in FY2022 and Net Sales / Revenue   of ₹1367.40 Cr & Net Profit of ₹126.50 Cr in FY2023. 

Valuations  : The Company is now Trading at X 0.60  of its  valuations ( last 4Quaters earnings considered here) with ~40 % Discount    and at X0.59  of its FY 2022, which is now almost  ~41%  Discount    to its value and  X0.53 of its FY 2023 earning with a Discount   of ~47% .

Margin of Safety (1Yr Bond Yield: Value>1 ) is now  2.60  . The  Equity Value Per Share ( Enterprise Value Method ) is  ₹607.20.

Whats  best in It   : The company appears well-positioned to grow as the building products segment is anticipated to get a boost from government spending on infrastructure projects.Net Cash Accrual has increased from ₹90.42 Cr in FY2020 to ₹147.25 Cr in FY2021, whereas Capital Cycle Deterioration is 0.7 ( Below  is good). It appears  as Growth Candidate in our Analysis.

If We factor its earnings/valuations, its Price arrives at ₹1271.00 with consideration FY2023 earnings.

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   |