Ladies and gentlemen hold onto your portfolios because we’re about to embark on a whirlwind tour of this week’s stock market superheroes! We’re talking about high trade, robust returns, and impressive quarterly sales. Buckle up, folks! It’s going to be an exciting ride!
1. The Pulp Powerhouse: Dhanalaxmi Roto Spinners Ltd.
Tiptoeing into the scene with a twinkle in its eye is Dhanalaxmi Roto Spinners Ltd, a seasoned veteran of trading with wood pulp, paper, and waste paper markets. Born in 1986, the company has been turning waste into wealth and doing it with panache.
Over the past week, this unsung hero boasted a higher trade and delivery quantity, a ROE of 22.1%, and a spicy stock P/E of 5.38. And oh, the best part? It closed above the VWAP for two consecutive days. What’s not to love?
Sure, they have their share of cons, including contingent liabilities of Rs.22.6 Cr and an other income inclusion of Rs.6.15 Cr. But, hey, no superhero is without their tragic backstory, right? The pros, though, are plentiful – like the impressive profit growth of 23.4% CAGR over the last 5 years, and debtor days improving from 53.0 to 40.1 days. So let’s say cheers to this pulp powerhouse!
For the quarter ending Mar 2023, Dhanalaxmi Roto Spinners reported a revenue of Rs.78.65 Cr, up 4.3% from Rs.75.38 Cr in the previous quarter (Dec 2022). The company’s net profit also increased to Rs.4.12 Cr from Rs.3.98 Cr in the previous quarter, marking an increase of 3.5%.
In the last four quarters (Apr 2022 – Mar 2023), Dhanalaxmi Roto Spinners reported a combined revenue of Rs.310.2 Cr and a net profit of Rs.15.7 Cr. In the previous four quarters (Apr 2021 – Mar 2022), the company reported a combined revenue of Rs.282.6 Cr and a net profit of Rs.14.2 Cr. This represents a year-over-year increase of 9.8% in revenue and 10.6% in net profit.
2. The Defense Dynamo: Hindustan Aeronautics Ltd.
Next up, soaring high in our sky of stocks is Hindustan Aeronautics Ltd, a stalwart of the defense sector. This aeronautical ace has been producing, repairing, and maintaining aircraft and helicopters like nobody’s business.
And how’s this for financial finesse? It scored high in trade and delivery quantity this week, closed above VWAP for two days, boasted a ROE of 27.2%, and showed a moderate PE of 18.2.
Yes, the sales growth rate has been a bit slow at 7.77% over the past five years, and the promoter holding has decreased slightly by 3.5%. But with a robust profit growth of 23.9% CAGR over the last 5 years and a healthy dividend payout of 26.8%, we say this bird is worth a watch!
Hindustan Aeronautics Ltd. reported a revenue of Rs.10,258 Cr for the quarter ending Mar 2023, up 5.8% from Rs.9,700 Cr in the previous quarter (Dec 2022). The company’s net profit saw a growth of 6.2%, increasing to Rs.1,320 Cr from Rs.1,243 Cr in the previous quarter.
Hindustan Aeronautics reported a combined revenue of Rs.39,500 Cr and a net profit of Rs.5,100 Cr for the last four quarters (Apr 2022 – Mar 2023). In comparison, in the previous four quarters (Apr 2021 – Mar 2022), the company reported a revenue of Rs.37,000 Cr and a net profit of Rs.4,650 Cr. This indicates a year-over-year increase of 6.8% in revenue and 9.7% in net profit.
3. The Finance Force: IIFL Finance Ltd.
Jumping into the finance fray with a commanding presence is IIFL Finance Ltd, a diversified non-banking financial company offering a wide array of loans and mortgages. IIFL Finance Ltd. makes managing money look easy, folks!
Burning brighter than a shooting star, it showed high trade and delivery quantity this week, impressive ROE of 19.4%, and a moderate PE of 12.0. And yes, you guessed it, they too closed above VWAP for two glorious days!
Sure, they have a tiny bit of a problem with their Gross NPA and Net NPA ratios, but with a strong EPS growth trend and sound financial health, we still think this finance force is ready to conquer!
For the quarter ending Mar 2023, IIFL Finance Ltd. reported a revenue of Rs.1,356 Cr, up 7.5% from Rs.1,260 Cr in the previous quarter (Dec 2022). The company’s net profit saw an impressive increase of 9.8%, growing to Rs.270 Cr from Rs.246 Cr in the previous quarter.
For the last four quarters (Apr 2022 – Mar 2023), IIFL Finance reported a combined revenue of Rs.5,200 Cr and a net profit of Rs.1,000 Cr. In the previous four quarters (Apr 2021 – Mar 2022), the company reported a revenue of Rs.4,800 Cr and a net profit of Rs.920 Cr. This reflects a year-over-year increase of 8.3% in revenue and 8.7% in net profit.
In conclusion, all three companies demonstrated steady growth when comparing the last four quarters to the previous four quarters. Dhanalaxmi Roto Spinners saw the highest growth in terms of both revenue and net profit percentages, while Hindustan Aeronautics boasts the highest values in absolute terms.