Why is Veedol Corporation Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0 times
2
Poor long term growth as Net Sales has grown by an annual rate of 11.53% and Operating profit at 8.35% over the last 5 years
3
The company has declared Positive results for the last 3 consecutive quarters
- PAT(9M) At Rs 150.31 cr has Grown at 31.13%
- ROCE(HY) Highest at 23.45%
- PBT LESS OI(Q) At Rs 51.41 cr has Grown at 20.40%
4
With ROE of 19.9, it has a Very Attractive valuation with a 2.9 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -13.66%, its profits have risen by 31% ; the PEG ratio of the company is 0.5
- At the current price, the company has a high dividend yield of 3.4
5
Rising Promoter Confidence
- Promoters have increased their stake in the company by 2.23% over the previous quarter and currently hold 64.58% of the company
- Promoters increasing their stake is a sign of high confidence in the future of the business
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 Oil)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Veedol Corporat for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Veedol Corporat
-3.88%
-0.45
30.45%
Sensex
8.49%
0.43
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
11.53%
EBIT Growth (5y)
8.35%
EBIT to Interest (avg)
74.95
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.07
Sales to Capital Employed (avg)
2.15
Tax Ratio
16.46%
Dividend Payout Ratio
61.85%
Pledged Shares
0
Institutional Holding
2.34%
ROCE (avg)
21.63%
ROE (avg)
17.72%
Valuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
15
Price to Book Value
2.62
EV to EBIT
12.54
EV to EBITDA
10.76
EV to Capital Employed
2.75
EV to Sales
1.19
PEG Ratio
0.59
Dividend Yield
3.81%
ROCE (Latest)
20.63%
ROE (Latest)
19.87%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Movement
4What is working for the Company
ROCE(HY)
Highest at 23.45%
NET SALES(Q)
Highest at Rs 537.73 cr
PBT LESS OI(Q)
At Rs 50.39 cr has Grown at 29.87%
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Veedol Corporat
Net Sales - Quarterly
Highest at Rs 537.73 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 50.39 cr has Grown at 29.87%
Year on Year (YoY)MOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)