MANYAVAR
Vedant Fashions is engaged in manufacturing, trading, and sale of readymade ethnic wear for men, women and kids primarily in India.
- PE Ratio: 182.32
- PB Ratio: 22.20
- Sector PE: 1,245.48
- Sector PB: 6.10
- Sector Div Yld: 0.51%
Some Positives:
- Growth in Net Profit with increasing Profit Margin (QoQ)
- Company with Low Debt
- Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
- Book Value per share Improving for last 2 years
- Company with Zero Promoter Pledge
- Near 52 Week High
Some Negatives:
- Companies with growing costs YoY for long term projects
- Inefficient use of capital to generate profits - RoCE declining in the last 2 years
- Inefficient use of assets to generate profits - ROA declining in the last 2 years
- Declining Net Cash Flow : Companies not able to generate net cash
My Opinion: The low liquidity is my only big concern. Otherwise the rounding bottom pattern is screaming BUY.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
Trade active:
Great move of 10 %. CMP 1100
Comment:
04-09-2022: MANYAVAR CMP 1300.20