Why is Shringar House of Mangalsutra Ltd ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.19 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 29.80% and Operating profit at 90.85%
3
With a growth in Net Profit of 12.88%, the company declared Very Positive results in Mar 26
- The company has declared positive results for the last 2 consecutive quarters
- NET SALES(Q) At Rs 725.56 cr has Grown at 55.1% (vs previous 4Q average)
- PAT(Q) At Rs 34.01 cr has Grown at 40.7% (vs previous 4Q average)
- PBDIT(Q) Highest at Rs 44.75 cr.
4
With ROE of 17, it has a Attractive valuation with a 3 Price to Book Value
- Over the past year, while the stock has generated a return of NA, its profits have risen by 89%
5
Increasing Participation by Institutional Investors
- Institutional investors have increased their stake by 2.26% over the previous quarter and collectively hold 7.31% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
How much should you buy?
- Overall Portfolio exposure to Shringar House should be less than 10%
- Overall Portfolio exposure to Gems, Jewellery And Watches should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Gems, Jewellery And Watches)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
No Data Found
Quality key factors
Factor
Value
Sales Growth (5y)
29.80%
EBIT Growth (5y)
90.85%
EBIT to Interest (avg)
13.12
Debt to EBITDA (avg)
1.51
Net Debt to Equity (avg)
0.59
Sales to Capital Employed (avg)
2.93
Tax Ratio
24.14%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
7.31%
ROCE (avg)
20.09%
ROE (avg)
26.58%
Valuation Key Factors 
Factor
Value
P/E Ratio
17
Industry P/E
45
Price to Book Value
2.97
EV to EBIT
13.39
EV to EBITDA
13.09
EV to Capital Employed
2.81
EV to Sales
0.93
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
20.98%
ROE (Latest)
17.04%
Loading Valuation Snapshot...
26What is working for the Company
NET SALES(Q)
At Rs 725.56 cr has Grown at 55.1% (vs previous 4Q average
PAT(Q)
At Rs 34.01 cr has Grown at 40.7% (vs previous 4Q average
PBDIT(Q)
Highest at Rs 44.75 cr.
PBT LESS OI(Q)
At Rs 41.94 cr has Grown at 33.2% (vs previous 4Q average
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Shringar House
Net Sales - Quarterly
At Rs 725.56 cr has Grown at 55.1% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 467.91 CrMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 34.01 cr has Grown at 40.7% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 24.18 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 725.56 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 44.75 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 41.94 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 41.94 cr has Grown at 33.2% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 31.48 CrMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 34.01 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)






