Revenues have gone up 10% YoY and profits have gone up by 10% but only on back of 1.6cr dividend income receipt this quarter. This has taken care of the Operating loss of 0.45cr. Now the input cost pressure has started to ease up significantly and combined with closure of its loss making ACP units, the next few quarters would show significant bottomline growth. Also, given the fact the company has declared its maiden dividend from its overseas subsidiary, it shows the subsidiary must have made good money, which in-turn would boost its already smart consolidated numbers. Also, most of the inventory of ACP division has been cleared in the quarter and HR settlement if any (important to note), would hardly impact the balance sheet, given the fact that the ACP premise is to be used for product addition. The stock is giving an excellent point to add for the long term.
Sales have grown more than 40% YoY and profits have grown around 160% YoY. The results are even better when you consider what its peers have shown. At every decline it’s a wonderful opportunity to add.
Vidhi Dyestuff Ltd.
Revenues have grown 60% YoY, profits have more than doubled for the same period. What’s important to note is that there’s been a significant decline in input cost and the trend is likely to continue in the near future. The stock is delivering on its performance. Excellent bet to Keep riding on or add if you wish.
Revenues have grown 34% YoY and profits have increased 63% YoY mainly on account of lower tax expense. The is showing wonderful growth and is still available at a market cap to sales of just around 0.35 times as against 2-4 times that its peers are commanding. Excellent bet to Keep riding on or add if you wish.
God Bless !!