Deepak Nitrite Ltd (506401) – Reasonably Prices

Deepak Nitrite Ltd (506401) closes   at ₹1926.75 with  a  Gain  of   +2.30%   on    02-July-2021  with formation of  a  Green Candle    on Daily  Price Chart.

About the Company : Deepak Nitrite is a trusted name in the Indian chemical industry and it has done so by having the right combination of dedicated employees, effective manufacturing processes and a sustained effort of building long term relationships with external stakeholders.

Sector Update :  Positive

Financials : Deepak Nitrite Ltd has posted Net Sales / Revenue   of ₹4102.60 Cr & Net Profit of  ₹706.30 Cr in FY2021 and expected to post Net Sales / Revenue   of ₹5229.70 Cr & Net Profit of ₹922.50  Cr in FY2022 & Net Sales / Revenue   of ₹5755.50 Cr & Net Profit of ₹1057.20 Cr in FY2023 .

The company will Reduce its Net Debt from ₹665.20 Cr in FY2021 to ₹182.60 Cr in by FY2022.

Valuations  : The Company is now Trading at X 2..3  of its  valuations of  FY2021 earnings with ~130% Premium and X1.73 of its FY2022 earnings with ~73% Premium & X1.51 of its FY2023 earnings with ~51%  Premium.

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  ₹1925

If We factor its FY2023 earnings/valuations, its Price arrives at ₹2940.

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   |

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Tejas Networks Ltd (540595) – Higher Penetrations of Internet

Tejas Networks Ltd (540595) closes   at ₹180.55 with  a  Fall  of   -0.60%   on    02-July-2021  with formation of  a  Small Red Candle    on Daily  Price Chart.

About the Company : Tejas Networks is an optical and data networking products company that designs, develops and manufactures high-performance and future-ready products for building high-speed communication networks that carry voice, data and video traffic from fixed line, mobile and broadband networks.

Sector Update :  Positive

Financials : Tejas Networks Ltd has posted Net Sales / Revenue   of ₹526.60 Cr & Net Profit of  ₹37.50 Cr in FY2021 and expected to post Net Sales / Revenue   of ₹824.90 Cr & Net Profit of ₹82.20 Cr in FY2022 & Net Sales / Revenue   of ₹1073.00 Cr & Net Profit of ₹152.10 Cr in FY2023 .

Return of Equity (RoE)  will be improved from 3.39% in FY2021 to 13.20%  in FY2023 .

Valuations  : The Company is now Trading at X 2..80  of its  valuations of  FY2021 earnings with ~180% Premium and X1.26of its FY2022 earnings with ~26% Premium & X0.68 of its FY2023 earnings with ~32%  Discount.

Margin of Safety (1Yr Bond Yield: Value>1 ) is now  0.50   which  makes is attractive after ~50% dip in price. The  Equity Value Per Share ( Enterprise Value Method ) is  ₹158.70

If We factor its FY2023 earnings/valuations, its Price arrives at ₹750.00

Market Sentiment   Update : Our Nifty Next Indictor (NNI) is now at 117.94 as on 02-July-2021, which suggests the Return on Equity Investment will be 2.30% in next 6Month; 7.7% in 12M & 0.30%  in 24M( Based on Historical data).

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   |

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Sonata Software Ltd (532221) – Low Code Solutions Provider

Sonata Software Ltd (532221) closes   at ₹752.60 with  a  Fall  of   -0.40%   on    02-July-2021  with formation of  a  Small Red Candle    on Daily  Price Chart.

About the Company : Sonata Software Limited is an information technology (IT) services and solutions company. The Company's primary segments are based on geographical areas, and include Domestic (India) and International (Rest of the world). Its secondary segment comprises business segments, products and services. It provides solutions for travel, retail and distribution, and software product companies by integrating technologies, such as Omni-channel commerce, mobility, analytics, cloud and enterprise resource planning. Its operations include software development, technical services and product marketing. It is involved in the provision of IT services and solutions to its customers, and distribution of software products in India. Its services include application lifecycle services, which deliver application management with facilities, such as application development and application migration; retail IT services, such as Dynamics AX retail, and technology infrastructure services

Sector Update :  Low Code Solutions Provider & SaaS are expected to Grow at +20% by 2024.

Financials : Sonata Software Ltd has posted Net Sales / Revenue   of ₹4158.30 Cr & Net Profit of  ₹230.10 Cr in FY2021 and expected to post Net Sales / Revenue   of ₹5050.80 Cr & Net Profit of ₹337.90 Cr in FY2022 & Net Sales / Revenue   of ₹5549.20 Cr & Net Profit of ₹385.60 Cr in FY2023 .

EPS will be improved from 25.58 in FY2021 to 39.58 in FY2023 & Return of Equity (RoE) from 25.8% to 39.20 during the same period..

Valuations  : The Company is now Trading at X 2..10  of its  valuations of its FY2021 earnings with ~110% Premium and X1.42 of its FY2022 earnings with ~42% Premium & X1.25 of its FY2023 earnings with ~25%  premium .

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  ₹689.00

If We factor its FY2023 earnings/valuations, its Price arrives at ₹1270.

Market Sentiment   Update : Our Nifty Next Indictor (NNI) is now at 117.94 as on 02-July-2021, which suggests the Return on Equity Investment will be 2.30% in next 6Month; 7.7% in 12M & 0.30%  in 24M( Based on Historical data).

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/

Use Our Referral Link to Get 20% DISCOUNT @ https://www.mprofit.in/buy?referral=R1GD99J496AB1345D