Arvind
SmartSpaces Ltd (539301) closes at ₹147.05
with a Fall of -2.30% on
on 09-September-2021 with formation of a Red
Candle on Daily Price Chart.
About the Company : Arvind SmartSpaces is engaged in the
development of real estate comprising of residential, commercial and industrial
projects.
Sector Update : Positive
Financials : Arvind SmartSpaces Ltd has posted Net Sales /
Revenue of ₹149.00 Cr & Net Profit of ₹9.00 Cr in FY2021 and expected to post Net
Sales / Revenue of ₹166.00Cr & Net Profit
of ₹16.00 Cr in FY2022 .
Net Debt has reduced to ₹152.20Cr in Fy2021 from ₹211.00Cr in Fy2020
& Cash Flow Per Share has improved from ₹1.54 to ₹9.85 during the same
period.
Valuations : The Company is now
Trading at X 2.4 of its valuations of FY2021 earnings with ~140% Premium and X2.02 of
its FY2022 earnings with ~102% Premium.
Early Trend : HDFC Capital Affordable Real
Estate Fund-1 (H-CARE 1) will invest Rs 85 crore.
Margin of Safety (1Yr Bond Yield: Value>1
) is now 0.70 which
makes is attractive after ~30% dip in price. The Equity Value Per Share ( Enterprise Value Method ) is ₹137.20.
If We factor
its FY2022 earnings/valuations, its Price arrives at ₹174.80.
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 |Refinitiv |
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 |
Manage your investments
the right way With
MProfit. Visit https://www.mprofit.in/
