BHAGERIA INDUSTRIES LIMITED
Q1 RESULTS REVIEW
BHAGERIA INDUSTRIES has
produced excellent results in the first quarter ending June,2018.
The results are tabulated
below :
BHAGERIA IND
|
Jun '18
|
Mar '18
|
Jun '17
|
YOY
|
QOQ
|
Net Sales
|
113.29
|
104.31
|
81.09
|
39.71
|
8.61
|
Raw Materials
|
68.44
|
59.22
|
43.89
|
55.94
|
15.57
|
Traded Goods
|
0.15
|
7.16
|
5.37
|
-97.21
|
-97.91
|
Increase in Stocks
|
-1.66
|
-3.02
|
4.43
|
-137.47
|
-45.03
|
Employees Cost
|
2.78
|
4.46
|
0.73
|
280.82
|
-37.67
|
Depreciation
|
5.37
|
3.98
|
4.2
|
27.86
|
34.92
|
Other Expenses
|
13.27
|
17.48
|
16.45
|
-19.33
|
-24.08
|
PROFIT Before Other Inc. , Int.,
Excpt. Items & Tax
|
24.94
|
15.04
|
6.03
|
313.6
|
65.82
|
Other Income
|
1.3
|
2.98
|
1.82
|
-28.57
|
-56.38
|
PROFIT Before Int., Excpt. Items
& Tax
|
26.23
|
18.02
|
7.85
|
234.14
|
45.56
|
Interest
|
1.16
|
1.46
|
1.44
|
-19.44
|
-20.55
|
P/L Before Tax
|
25.08
|
16.55
|
6.41
|
291.26
|
51.54
|
Tax
|
7.23
|
5.91
|
2.27
|
218.5
|
22.34
|
Net Profit
|
17.85
|
10.64
|
4.13
|
332.2
|
67.76
|
Equity Share Capital
|
10.91
|
7.94
|
7.96
|
37.06
|
37.41
|
Diluted EPS
|
8.17
|
4.87
|
2.59
|
215.44
|
67.76
|
MP
|
239
|
||||
PE
|
7.31
|
||||
VOLUME
|
23733
|
||||
52 WK L H
|
216
|
365
|
|||
FV
|
5
|
Net
Sales have increased by 40% YoY and 9% QoQ.
Net
Profits have increased by 332% YoY and 68% QoQ.
On
the quarterly EPS of 8.17 on face value of Rs.5, at the current market price of
239, the PE Ratio works out to 7.312 which is very reasonable and leave scope
for improvement ins Price.
The
Price trend in last one year was as below :
PRICE TREND
|
|||||||
04.10.18
|
1 week
|
2 week
|
1 month
|
3 month
|
6 month
|
9 month
|
1 year
|
Price
|
263.45
|
284.75
|
296.7
|
294.8
|
293.5
|
274.75
|
272.15
|
Gain / Loss
|
-9.17%
|
-15.96%
|
-19.35%
|
-18.83%
|
-18.47%
|
-12.90%
|
-12.07%
|
As
we can see, the price trend does not indicate any favourable investor sentiment
in respect of Bhageria Industries in the last one year. In one year, the price
has gone down by 12%.
Therefore
we need to watch the Q2 results also before taking a decision on Investment.
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are advised to subscribe to and watch my YOUTUBE CHANNEL
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