Why is Parnax Lab Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 12.32%
2
Underperformed the market in the last 1 year
- The stock has generated a return of 2.60% in the last 1 year, much lower than market (BSE500) returns of 13.00%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pharmaceuticals & Biotechnology)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Parnax Lab for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Parnax Lab
2.6%
0.06
46.18%
Sensex
10.41%
0.90
11.52%
Valuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
27
Price to Book Value
1.51
EV to EBIT
10.81
EV to EBITDA
7.68
EV to Capital Employed
1.29
EV to Sales
0.99
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
11.97%
ROE (Latest)
12.26%
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Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
Technical Movement
10What is working for the Company
OPERATING CF(Y)
Highest at Rs 32.30 Cr
DEBT-EQUITY RATIO(HY)
Lowest at 0.77 times
DEBTORS TURNOVER RATIO(HY)
Highest at 6.52 times
NET SALES(Q)
At Rs 62.60 cr has Grown at 31.1% (vs previous 4Q average
PBDIT(Q)
Highest at Rs 8.07 cr.
PBT LESS OI(Q)
Highest at Rs 4.57 cr.
PAT(Q)
Highest at Rs 3.63 cr.
EPS(Q)
Highest at Rs 3.16
-1What is not working for the Company
INTEREST(Q)
Highest at Rs 1.40 cr
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Here's what is working for Parnax Lab
Operating Cash Flow - Annually
Highest at Rs 32.30 Cr
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (Rs Cr)
Net Sales - Quarterly
Highest at Rs 62.60 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 62.60 cr has Grown at 31.1% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 47.75 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 8.07 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 4.57 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 3.63 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 3.16
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Debt-Equity Ratio - Half Yearly
Lowest at 0.77 times
in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Debtors Turnover Ratio- Half Yearly
Highest at 6.52 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Parnax Lab
Interest - Quarterly
Highest at Rs 1.40 cr
in the last five quarters and Increased by 14.75 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)






