Recently i stumbled on this stock as one large investor added it in his PMS in Q3 FY24
Some positives
- P/B of 2.7 vis a vis median P/B of 3.5 & peak of 6
- No. of shareholders stagnating. Shareholding change hands in Q3 as public shareholding reduced by 6%, further promoter FII/DII increasing stake for last 2 quarters from 10% in Q3 FY24 to 24% in Q1 FY25
- ROE of 15, TTM sales growth rate of 27%, 20%+ profit growth for last 3 yrs,
- Decent Loan book growth of 24%…a tad lower but not as agressive as 35% seen by leaders
- Leverage of 4.3x while leaders are at 6-7x. so scope to borrow more to fund the growth
- Low Mcap of 5300k Cr
- 28% capex in FA
8.stock has not moved much in last 2-3 quarters
Disclaimer- Invested via Advisor & added more after analysing these number
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