Tuesday, September 22, 2020

CHAMAN LAL SETIA EXPORTS - Q1 FY 21 - RESULTS REVIEW - DT2 6 09 20

 

CHAMAN LAL SETIA EXPORTS

Q1 FY 21 RESULTS REVIEW

DT 06 09 20

 

Chaman Lal Setia Exports Ltd isw in the business of - milling and processing of raw and of parboiled Basmati Rice.

The company's product portfolio includes Maharani Basmati rice,Parboiled (converted/muzza) Basmati rice, Raw (polished) Basmati rice and Basmati health rice.

Management              

Chaman Lal Setia        Chairman & Managing Director 

Rajeev Setia            WholeTime Director & CFO

Vijay Setia               Whole Time Director  

Sukarn Setia            Whole Time Director  

Ankit Setia               Whole Time Director  

 

QUARTERLY RESULTS

Chaman Lal Setia Exports (in Rs. Cr.)

Jun '20

Mar '20

Jun '19

YOY

QOQ

Net Sales

244

223

207

17.89

9.31

Raw Materials

15.5

20.4

36.0

-56.99

-23.87

 Traded Goods

116.92

131

70

66.43

-10.56

Increase/Decrease in Stocks

49.36

2.53

60.28

-18.12

1850.99

Employees Cost

2.74

3.4

3.12

-12.18

-19.41

depreciat

1.18

1.76

1.01

16.83

-32.95

Other Expenses

23.44

35.54

24.13

-2.86

-34.05

P/L Before Other Inc. , Int., Excpt. Items & Tax

34.78

28.82

12.08

187.91

20.68

Other Income

0

0.19

0.07

-100

-100

P/L Before Int., Excpt. Items & Tax

34.78

29.01

12.15

186.26

19.89

Interest

1.37

1.51

2.11

-35.07

-9.27

P/L Before Tax

33.41

27.5

10.04

232.77

21.49

Tax

8.41

6.94

3.53

138.24

21.18

Net Profit

25

20.6

6.51

284.

21.6

Equity

10.35

10.35

10.35

0

0

Basic EPS

4.84

3.98

1.26

284

21.61

MP

100





PE

5.17





VOLUME

79,761





52 Wk L/H

24.35

109.2



 

FV

2





 

Annual Results

Mar-20

Mar-19

Mar-18

Mar-17

Mar-16

Sales

797

764

746

493

482

Other Income

2

2

1

2

4

Total Income

800

767

748

495

487

Total Expenditure

723

706

680

432

427

EBIT

76

60

67

62

60

Interest

6

7

7

4

3

Tax

17

18

18

19

19

Net Profit

52

34

41

38

37

 

STRENGTHS

High TTM EPS Growth

Growth in Net Profit and Profit Margin (QoQ) & YoY

Low Debt

Increasing profits every quarter

Increasing Revenue every quarter

Zero Promoter Pledge

FII / FPI or Institutions increasing their shareholding

Growth in Operating Profit and operating margins (YoY)

 

OPPORTUNITIES

High ROCE and Low PE

Highest Recovery from 52 Week Low

Stock with Low PE (PE < = 10)

 

MONTHLY TECHNICAL RATING 

Very Bullish  

CHART

UPWARD TREND FROM APRIL 2020 ONLY

JULY 20TH ONWARDS

5 YEAR CHART IS DISMAL. FROM JAN 18 TO MAY 20 STEEP DECLINE

 

Valuation

Market Cap (Rs Cr.) 516.56

P/E 7.28

Book Value (Rs) 52.82

Price/Book 1.89

 

Action in Chaman Lal Setia Exports Ltd.

Only Buyers ON A FEW DAYS

Historical Prices             

           3 M BEF  Current Price %Gain / Loss

Open Price    38.5       100.95   162.21

               1 YR BEF      

Open Price    45.05     100.95   124.08

               2 YR BEF      

Open Price    102.25   100.95   -1.27

               3 YE BEF      

Open Price    90   100.95   12.17

 

Share Holding Pattern in (%)







Standalone

Jun-20

Mar-20

Dec-19

Sep-19

Promoters

73.87

73.87

73.87

73.87

Pledged

0

0

0

0

FII/FPI

0.32

0.3

0.3

0.3

Total DII

5.16

5.03

5.09

5.2

Fin.Insts

0

0

0.01

0

Insurance Co

0

0

0

0

MF

0

0

0

0

Others DIIs

5.16

5.03

5.08

5.2

Others

20.66

20.81

20.75

20.65

Total

100.01

100.01

100.01

100.02

 

Per Share Ratios

Mar-20

Basic EPS (Rs.)

10

Diluted Eps (Rs.)

10

Book Value [Excl. Reval Reserve]/Share (Rs.)

53

Dividend/Share (Rs.)

1

Face Value

2



Return Ratios

Mar-20

Return on Networth / Equity (%)

19

ROCE (%)

24

Return On Assets (%)

12



Leverage Ratios

Mar-20

Debt to Equity (x)

0

Interest Coverage Ratios (%)

11



Growth Ratios

Mar-20

3 Yr CAGR Sales (%)

3

3 Yr CAGR Net Profit (%)

12

 

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