Macrotech Developers Ltd (543287) – A debt-free company in next three years

Macrotech Developers Ltd (543287) closes   at ₹644.30  with  a   Gain  of   +2.60%   on    21-May-2021  with formation of  a  Green  Candle    on Daily  Price Chart.

About the Company : Macrotech Developers Limited, formerly Lodha Developers Limited, is a residential developer. It is engaged in developing real estate across the residential and commercial sectors in the Mumbai, Pune and in London. Its residential portfolio comprises of luxury, high-end and aspirational developments. It also develops office and retail projects across markets as standalone developments and in mixed-use format. It is developing several apartment projects, such as the World Towers at Lower Parel, Trump Tower Mumbai at Worli and Lodha Altamount at Altamount Road. In its high-end residential category, it is developing projects, such as The Park at Worli, Lodha Venezia at Parel, and New Cuffe Parade at Wadala. Aspirational residential category consists of several projects, including Lodha Eternis at Andheri, Lodha Luxuria Priva at Thane, Lodha Splendora at Thane and Lodha Belmondo at Pune. Its brands include Lodha, Lodha Luxury and Palava.

Strength : 1.Macrotech Developers is targeting to bring down its net debt to zero over the next three years from the current borrowing level of around Rs 16,000 crore

2..Cos will do Rs 9,000 crore or upward of sales for FY2022.

3. Company will double its investment on construction to Rs 2,800 crore in this fiscal.

Financials : Macrotech Developers Ltd has posted Net Sales / Revenue   of ₹ 5449.00 Cr & Net Profit of ₹40.00Cr in FY2021 and expected to post Net Sales / Revenue   of ₹9000.00 Cr & Net Profit of ₹1927.80 Cr in FY2022.

 

Valuations  : The Company is now Trading at X 43.50  of its  valuations ( FY2021  earnings considered here) and at X0.90 of its FY 2022 earnings , which is now almost  ~10%  Discount.   

Growth Rate for this cos is 160%, which justify its higher multiple valuation,

If We factor its earnings/valuations, its Price arrives at ₹714 with consideration FY2022 earnings.

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   |

 

 

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.

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   |

 

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.

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   |