Best Low Price Shares to Buy Today Stocks Under 10?

Those who are just starting in the financial game or want to diversify their holdings without putting a ton of money down may find investing in inexpensive stocks appealing. Due to their significant return potential, stocks priced under ₹ 10 typically get attention but also carry inherent dangers. Explore the top cheap stocks today, find out how they may perform, and learn about the pros and drawbacks of investing in them in this blog.

List of Top 10 Stocks Under ₹10

Contents

Investors are taking notice of a handful of companies priced below ₹ 10 right now because of their promising future development and strategic placement in the market. If you are looking for some exciting companies to invest in, here are 10 to consider:

  1. Brightcom Group: Despite its high volatility and current price of ₹9.95, Brightcom Group is still well-liked by investors because of its cheap P/E ratio of 2.29. As a result, it is an exciting alternative for risk takers and may be undervalued.
  2. GVK Power Infra: At a current price of ₹6.34, GVK Power Infra suggests that it could be overpriced due to its high P/E ratio of 992. Nevertheless, its position in the energy industry may offer future development potential.
  3. Sarveshwar Foods: Sarveshwar Foods is a food processing company with a steady business plan that should provide consistent results. It is priced at ₹9.36 and has a reasonable P/E ratio of 18.25.
  4. Nandan Denim: Currently, Nandan Denim is worth ₹6.09, and its price to earnings ratio is 18.25. Nandan Denim is well positioned for future expansion because of its significant market presence in the denim sector.
  5. Vikas Lifecare: Despite valuation problems, the company works in a specialized sector that might provide considerable long term gains, as seen by its current price of ₹4.78 and high P/E ratio of 224.
  6. Sakuma Exports: Sakuma Exports is an export company that should benefit from worldwide market trends. It trades at ₹5.09 with a P/E ratio of 19.41.
  7. Filatex Fashions: Investors face increased risks with Filatex Fashions due to its financial health, but the company offers a very inexpensive starting point at ₹0.85 per share with a P/E ratio of 72.38.
  8. Davangere Sugar: With a price to earnings ratio of 53.09 and a market capitalization of ₹6.82, Davangere Sugar is a player in the sugar business that might see growth opportunities depending on market demand.
  9. FCS Software: FCS Software stock indicates speculative interest and possible hazards, as it is now priced at ₹3.60 and has a high P/E ratio of 77.79.
  10. Remedium Life: The healthcare company Remedium Life, which is now trading at ₹8.65 and has a P/E ratio of 15.01, stands to gain from the growing demand for goods and services connected to health.

Stock Analysis

1. Brightcom Group

  • Current Price: ₹9.95
  • Market Cap: ₹2,007.83 Cr
  • P/E Ratio: 2.29

Digital advertising giant Brightcom Group has been growing via smart acquisitions and technology. Its low P/E ratio means it may be inexpensive relative to rivals, making it appealing to growth investors.

Is the Stock Good to Buy? Yes, especially for those looking for undervalued assets with growth prospects.

Share Price Target: Analysts suggest a target of around ₹12 ₹15 in the next 12 months, depending on market conditions and company performance.

Expert Forecast: Brightcom could see substantial price appreciation if it continues to innovate and capture more market share in digital advertising.

Quarterly Price

Financial YearClose Price% ReturnQ1Q2Q3Q4
FY-201247.432.9 %89.0 %-24.6 %
FY-201312.8-72.9 %-100.0 %-13.5 %-60.0 %
FY-20147.3-43.2 %-69.9 %-60.2 %138.9 %98.0 %
FY-201513.888.6 %31.7 %224.5 %-32.0 %-35.0 %
FY-20169.0-34.2 %15.2 %-16.7 %10.2 %-37.8 %
FY-20173.7-59.1 %-18.8 %-47.3 %0.7 %-5.2 %
FY-20182.2-39.8 %-3.6 %-18.7 %-7.1 %-17.3 %
FY-20191.5-32.3 %-10.3 %-24.5 %-14.6 %17.2 %
FY-20201.5-1.3 %37.3 %-24.6 %106.2 %-53.7 %
FY-20214.0166.5 %188.1 %-38.3 %55.2 %-3.4 %
FY-202297.42356.6 %175.3 %221.6 %206.1 %-9.3 %
FY-202314.6-85.0 %-67.5 %6.6 %-12.9 %-50.2 %
FY-202413.8-5.9 %115.2 %-39.9 %2.1 %-28.7 %
FY-20259.0-34.7 %-100.0 %-9.6 %

Peer Comparison

#CompanyCMPM Cap52W High52W LowPEPBROCE Last YrROE Last YrPAT TTMDiv Yield
1Tata Consultancy Services Ltd.4112.014877584585.93313.031.416.569.551.0476591.9
2Infosys Ltd.1953.48111011976.91352.030.49.344.632.5266773.1
3HCL Technologies Ltd.1858.05041851864.01215.730.07.531.123.7168423.4
4Wipro Ltd.535.5280144580.0375.025.03.817.614.7112910.2
5LTIMindtree Ltd.6452.81911226575.04518.441.89.734.125.645671.3
6Tech Mahindra Ltd.1668.81632671697.21089.058.55.612.08.925533.2
7Oracle Financial Services Software Ltd.11791.810228712619.03870.043.813.239.829.523352.7
8Persistent Systems Ltd.5609.2864105635.02814.473.718.331.325.911710.7
9Mindtree Ltd.3433.4566130.00.029.910.446.233.918910.9
10L&T Technology Services Ltd.5257.9556485990.04107.242.610.738.027.313080.9

Brightcom Group Quarterly Results

#(Fig in Cr.)Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales110420211240148116832865136816901814453
Other Income0-0-1-3001000
Total Income110420211239147716832865136916901814453
Total Expenditure754145285710251176205197711721264413
Operating Profit34956938245350781439251855040
Interest0000000000
Depreciation60636666626869726771
Exceptional Income / Expenses0000000000
Profit Before Tax290506317387445746323446483-30
Provision for Tax771349310912420293124131-6
Profit After Tax212371223277321544229321352-24
Adjustments0-000000-000
Profit After Adjustments212371223277321544229321352-24
Adjusted Earnings Per Share1.22.11.11.41.62.71.11.61.7-0.1

Brightcom Group Profit & Loss

#(Fig in Cr.)Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Net Sales12631601167319572256245124212580269228565020
Other Income3414314011514212
Total Income12981615167719712256245224222585270628775021
Total Expenditure10251494130813851582172217081828190319913516
Operating Profit2721213695866747307137578038861505
Interest2835272316151513600
Depreciation172669416496108135180226246
Exceptional Income / Expenses00000000000
Profit Before Tax228602735225946195906096176601258
Provision for Tax36952180195190183165177177346
Profit After Tax19251221342400429407444440483912
Adjustments0000-1-10-265-61700
Profit After Adjustments19251221342399429407179-177483912
Adjusted Earnings Per Share1.90.52.23.444.34.11.8-1.84.64.5

Growth Rates

#1 Year3 Year5 Year10 Year
Sales CAGR76%25%15%15%
Operating Profit CAGR70%26%16%19%
PAT CAGR89%27%16%17%
#1 Year3 Year5 Year10 Year
Share Price CAGR-49%-43%45%-10%
ROE Average21%17%17%19%
ROCE Average29%24%23%25%

Brightcom Group Balance Sheet

#(Fig in Cr.)Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Shareholder’s Funds9311038115915302032240928253004282632605294
Minority’s Interest00000000000
Borrowings61524160000000
Other Non-Current Liabilities9084161998789813
Total Current Liabilities618432587530400432426449431419632
Total Liabilities16991605180320852441284932583461326636875939
Fixed Assets307284274258483567542524695719850
Other Non-Current Assets192195234460481374605720667822864
Total Current Assets12001127129513671477190821112217190421464226
Total Assets16991605180320852441284932583461326636875939

Brightcom Group Cash Flow

#(Fig in Cr.)Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Opening Cash & Cash Equivalents2171944357608189103119127
Cash Flow from Operating Activities-146-10521127624215131551089460287
Cash Flow from Investing Activities-304-3-60-271-293-80-313-387-272-431-217
Cash Flow from Financing Activities61931-202954-517-109199-22548
Net Cash Inflow / Outflow169-76-5113321913168618
Closing Cash & Cash Equivalent171944356608189103119127745

Brightcom Group Ratios

#Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Earnings Per Share (Rs)1.930.512.233.454.024.324.11.8-1.794.574.52
CEPS(Rs)2.10.782.923.874.675.295.195.846.256.75.74
DPS(Rs)0.20000.10000.050.050.3
Book NAV/Share(Rs)9.0210.4611.6815.4220.4824.2828.4730.2728.4930.8226.24

Brightcom Group Shareholding Pattern

#Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoter22.418.4718.4718.4718.4718.4718.4418.3818.3818.38
FII1.8712.1513.5514.0114.5315.768.879.510.510.67
DII000.070.060.090.110.110.140.20.18
Public75.7369.3767.9167.4666.9265.6572.5871.9870.9170.77
Others0000000000
Total100100100100100100100100100100

2. GVK Power Infra

  • Current Price: ₹6.34
  • Market Cap: N/A
  • P/E Ratio: 992

Energy company GVK Power Infra works on infrastructural projects throughout India. Its power-generating investments might lead to considerable growth, but its high P/E ratio raises worries about overvaluation.

Is the Stock Good to Buy? Caution is advised due to its high P/E ratio, but it may still be worth considering for long term investors.

Share Price Target: A conservative target of ₹8 ₹10 could be realistic if the company secures more contracts.

Expert Forecast: Analysts suggest that the successful completion of ongoing projects could enhance investor sentiment and drive higher stock prices.

Quarterly Price

Financial YearClose Price% ReturnQ1Q2Q3Q4
FY-201217.4
FY-20139.2-47.4 %-11.8 %-4.9 %-7.2 %-32.5 %
FY-201411.120.8 %-20.2 %-14.4 %51.2 %16.9 %
FY-20159.6-13.6 %73.3 %-47.0 %-13.3 %8.5 %
FY-20166.8-28.8 %-2.6 %-16.7 %4.5 %-16.0 %
FY-20176.0-12.5 %-14.7 %10.3 %-15.6 %10.2 %
FY-201814.1137.0 %44.5 %36.0 %59.4 %-24.4 %
FY-20197.7-45.7 %-32.6 %-18.4 %0.0 %-1.3 %
FY-20202.3-70.6 %-22.2 %-31.1 %-2.4 %-43.8 %
FY-20212.928.9 %42.2 %6.3 %-14.7 %-100.0 %
FY-20232.1-9.1 %-31.2 %
FY-20249.8372.9 %30.9 %362.4 %-19.6 %-2.8 %
FY-20255.7-41.7 %12.4 %-39.5 %-14.3 %

Peer Comparison

#CompanyCMPM Cap52W High52W LowPEPBROCE Last YrROE Last YrPAT TTMDiv Yield
1NTPC Ltd.426.1413175448.3227.819.32.610.613.9193842.3
2Power Grid Corporation Of India Ltd.328.6305618366.2196.219.53.512.918.3159734.1
3Adani Green Energy Ltd.1767.02798992173.6816.0228.746.110.021.111470.0
4Adani Power Ltd.634.6244781896.8289.315.35.732.357.0159820.0
5Tata Power Company Ltd.463.9148232494.8230.840.14.613.014.032110.5
6JSW Energy Ltd.694.0121295805.0347.559.25.58.88.819500.4
7Adani Energy Solutions Ltd.977.81174551347.9686.9788.68.69.59.8-1720.0
8Torrent Power Ltd.1950.6937521983.7692.041.07.815.616.423601.2
9NHPC Ltd.90.090435118.448.525.02.38.410.635932.1
10SJVN Ltd.121.647786170.463.447.93.45.36.510041.5

GVK Power & Infra Quarterly Results

#(Fig in Cr.)Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Net Sales60261599532518650038013569224
Other Income2161818181516202417
Total Income623620101234320451639615592241
Total Expenditure392293322108804732373846
Operating Profit23132769023512446836411854195
Interest297391390166127136135133133130
Depreciation9312512882655758575656
Exceptional Income / Expenses282-19503437000000
Profit Before Tax123-3841723424-67275171-71-1359
Provision for Tax2616182117-015684
Profit After Tax96-4001543403-84276156-77-1435
Adjustments-4443-165-56049-157-941842-16
Profit After Adjustments53-357-112843-3611962-59-101-11
Adjusted Earnings Per Share0.3-2.3-0.118-0.20.80.4-0.4-0.6-0.1

GVK Power & Infra Profit & Loss

#(Fig in Cr.)Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Net Sales26082821305032073516386340983573108582120808
Other Income1361218751053310042837222305977
Total Income27442942313637174049486743814293328892179884
Total Expenditure1924181522322036236023072393992226566802153
Operating Profit81911279041681168925601988-5631073231377731
Interest746965147716511890164315304023054211074531
Depreciation3514387065496697257926052136400227
Exceptional Income / Expenses00000000050432420
Profit Before Tax-278-276-1278-518-870193-307-1024-2512693143-26
Provision for Tax129145-1098057162-34839737233
Profit After Tax-407-420-1168-598-92731-304-1072-2901963071-59
Adjustments7152334-48-375-593-59-421-4752449-632-50
Profit After Adjustments-336-369-835-647-1302-562-363-1493-76426452439-109
Adjusted Earnings Per Share-2.1-2.3-5.3-4.1-8.2-3.6-2.3-9.5-4.816.815.4-0.7

Growth Rates

#1 Year3 Year5 Year10 Year
Sales CAGR147%81%-11%-2%
Operating Profit CAGR326%0%-12%5%
PAT CAGR1467%0%151%0%
#1 Year3 Year5 Year10 Year
Share Price CAGR-36%28%13%-5%
ROE Average0%0%0%-35%
ROCE Average74%32%20%12%

GVK Power & Infra Balance Sheet

#(Fig in Cr.)Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Shareholder’s Funds3145277819391001-297-841-1203-2697-3460-3840-1151
Minority’s Interest3319307323051005140615692448256423917621604
Borrowings1518119605193611259210512106939442771310235113074
Other Non-Current Liabilities644154915152142191829644881481217-24-4
Total Current Liabilities5597501977325555696957256160804220898111054039
Total Liabilities278863202432852222952050720110217282043419949115147561
Fixed Assets73151186611484144331404813870143011229227072093745
Other Non-Current Assets17441172221881062074472368048906027212413061228
Total Current Assets313029362558165519882560253721161755529992588
Total Assets278863202432852222952050720110217282043419949115147561

GVK Power & Infra Cash Flow

#(Fig in Cr.)Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Opening Cash & Cash Equivalents795147413761215689847890305194465555
Cash Flow from Operating Activities98412331294164314332483124916521218-42541620
Cash Flow from Investing Activities-3218-2895-1105-1490897-8-782-433-11115711-102
Cash Flow from Financing Activities29131562-252-569-2172-2431-1052-1330-835-11771-1484
Net Cash Inflow / Outflow680-100-63-41715943-585-111271-31435
Closing Cash & Cash Equivalent147413761308798847890305194465555504

GVK Power & Infra Ratios

#Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Earnings Per Share (Rs)-2.13-2.33-5.29-4.1-8.25-3.56-2.3-9.46-4.8416.7515.44
CEPS(Rs)-0.350.11-2.93-0.31-1.644.793.08-6.41-1.52.1121.98
DPS(Rs)00000000000
Book NAV/Share(Rs)19.9217.5912.286.34-1.88-5.33-7.62-17.08-21.91-24.31-7.29

GVK Power & Infra Shareholding Pattern

#Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoter54.2554.2554.2554.2554.2554.2554.2554.2554.2554.25
FII0.270.270.280.280.30.30.360.520.850.85
DII0.430.430.520.520.480.480.480.480.480.48
Public45.0545.0544.9544.9544.9744.9644.944.7544.4144.42
Others0000000000
Total100100100100100100100100100100

3. Sarveshwar Foods

  • Current Price: ₹9.36
  • Market Cap: N/A
  • P/E Ratio: 18.25

Sarveshwar Foods, a food processor, has survived economic downturns by producing necessary items. Quality and innovation position the organization for growth.

Is the Stock Good to Buy? Yes, particularly for those interested in stable businesses with consistent demand.

Share Price Target: Analysts project a target of around ₹11 ₹13 over the next year.

Expert Forecast: Experts expect that as consumer preferences shift towards processed foods, Sarveshwar Foods will benefit from increased demand.

Quarterly Price

Financial YearClose Price% ReturnQ1Q2Q3Q4
FY-20182.0
FY-20191.2-38.7 %-23.9 %-25.2 %-16.2 %28.5 %
FY-20200.3-71.7 %7.9 %-7.9 %-51.7 %-41.1 %
FY-20210.7117.1 %24.9 %-100.0 %74.5 %
FY-20221.492.8 %16.9 %-10.4 %73.6 %6.1 %
FY-20232.251.7 %16.3 %39.3 %25.3 %-25.3 %
FY-20249.4334.6 %7.3 %131.9 %-0.4 %75.3 %
FY-20259.61.5 %-9.3 %14.3 %-2.0 %

Peer Comparison

#CompanyCMPM Cap52W High52W LowPEPBROCE Last YrROE Last YrPAT TTMDiv Yield
1Nestle India Ltd.2488.02398772777.02310.090.471.8185.4135.632441.2
2Varun Beverages Ltd.598.5194433682.8331.380.228.129.035.024690.2
3Britannia Industries Ltd.6039.01454606473.14350.066.536.949.257.121901.5
4Marico Ltd.685.288722719.8486.858.223.547.440.015401.9
5Jubilant FoodWorks Ltd.627.041372715.2420.897.119.426.219.33790.3
6Hatsun Agro Product Ltd.1132.1252171380.0956.179.416.015.217.73180.6
7Bikaji Foods International Ltd.863.7216261005.0450.476.517.829.524.42800.2
8Devyani International Ltd.178.821568222.8142.0328.620.912.8-1.0140.0
9LT Foods Ltd.406.314109448.0151.023.24.223.319.55701.1
10Zydus Wellness Ltd.1980.0125992484.01441.841.42.45.15.13040.3

Sarveshwar Foods Quarterly Results

#(Fig in Cr.)Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Net Sales202197178184130188205229247233
Other Income0213122131
Total Income203200180187131189207231250234
Total Expenditure194190170178119177191213233220
Operating Profit91099121316181714
Interest367688910119
Depreciation0000200000
Exceptional Income / Expenses0000000000
Profit Before Tax5422346754
Provision for Tax1110111211
Profit After Tax4312235553
Adjustments-3-0-0-0-0-0-0-0-00
Profit After Adjustments1312235543
Adjusted Earnings Per Share00000000.100

Sarveshwar Foods Profit & Loss

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Net Sales238259354418480566488515605689870914
Other Income431214423877
Total Income241263355420481570492517608697877922
Total Expenditure215232324381438531463494577657555857
Operating Profit2631313943392922304132265
Interest141820191814201320273939
Depreciation334332222310
Exceptional Income / Expenses-000000000000
Profit Before Tax101071822237891128122
Provision for Tax222555132355
Profit After Tax785131718656827618
Adjustments00-0-0-0-0-0-0-3-0-10
Profit After Adjustments785131718653827517
Adjusted Earnings Per Share0.10.10.10.20.20.20.10.100.12.80.1

Growth Rates

#1 Year3 Year5 Year10 Year
Sales CAGR26%19%9%14%
Operating Profit CAGR685%145%53%29%
PAT CAGR3350%281%73%44%
#1 Year3 Year5 Year10 Year
Share Price CAGR92%127%55%NA%
ROE Average133%47%30%28%
ROCE Average61%25%18%15%

Sarveshwar Foods Balance Sheet

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Shareholder’s Funds22303570136154159160163214253
Minority’s Interest00000000000
Borrowings201630411140514492
Other Non-Current Liabilities102612-0-0-1-0000
Total Current Liabilities161215208249295275268280299301445
Total Liabilities214287275325433429428480513559790
Fixed Assets2530272524232220191616
Other Non-Current Assets00080005211
Total Current Assets188257247291409407406455493542774
Total Assets214287275325433429428480513559790

Sarveshwar Foods Cash Flow

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Opening Cash & Cash Equivalents111101612100
Cash Flow from Operating Activities31261822-15-3411-3522-36250
Cash Flow from Investing Activities-2-7-1-9-1-1-32-3-616
Cash Flow from Financing Activities-29-18-17-153219-831-1941-6
Net Cash Inflow / Outflow010-116-161-1-0-0259
Closing Cash & Cash Equivalent11101612100259

Sarveshwar Foods Ratios

#Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Earnings Per Share (Rs)0.130.140.10.240.220.250.080.070.050.092.81
CEPS(Rs)0.180.20.170.290.260.280.110.10.110.122.83
DPS(Rs)00000000000
Book NAV/Share(Rs)0.410.550.650.881.551.791.861.871.912.122.36

Sarveshwar Foods Shareholding Pattern

#Sep 2021Mar 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoter73.6773.6768.268.257.8455.7454.9154.9154.9154.91
FII000.910.912.52.373.762.591.050
DII0000000000
Public26.3326.3330.8930.8839.6641.8941.3342.544.0345.08
Others0000000000
Total100100100100100100100100100100

4. Nandan Denim

  • Current Price: ₹6.09
  • Market Cap: ₹926 Cr
  • P/E Ratio: 18.25

Nandan Denim is a reputable denim maker. The firm has upgraded its manufacturing facilities to suit customer demand and boost efficiency.

Is the Stock Good to Buy? Yes, especially given its strong market presence and potential for growth.

Share Price Target: Based on industry trends, a target of ₹8 ₹10 is feasible within the next year.

Expert Forecast: Analysts believe that with rising fashion trends favoring denim, Nandan Denim could see a surge in sales and profitability.

Quarterly Price

Financial YearClose Price% ReturnQ1Q2Q3Q4
FY-20120.7-6.8 %-30.5 %37.8 %
FY-20130.812.0 %5.0 %21.3 %1.1 %-13.0 %
FY-20141.245.8 %17.6 %0.3 %-2.5 %26.8 %
FY-20152.169.1 %9.9 %4.4 %67.0 %-11.7 %
FY-20163.990.1 %68.4 %24.6 %15.3 %-21.4 %
FY-20174.02.3 %22.0 %-7.3 %-15.8 %7.3 %
FY-20184.11.8 %10.8 %6.7 %15.0 %-25.1 %
FY-20191.8-56.3 %-34.8 %-10.9 %-11.6 %-15.0 %
FY-20200.5-71.1 %-25.4 %-9.9 %-15.9 %-48.8 %
FY-20211.0100.3 %35.4 %-2.4 %31.2 %15.5 %
FY-20226.3507.8 %58.0 %40.8 %74.1 %56.8 %
FY-20231.6-75.1 %-50.8 %-3.3 %-13.1 %-39.8 %
FY-20243.2106.9 %27.6 %25.4 %7.9 %20.0 %
FY-20255.879.7 %48.8 %36.4 %-11.5 %

Peer Comparison

#CompanyCMPM Cap52W High52W LowPEPBROCE Last YrROE Last YrPAT TTMDiv Yield
1Page Industries Ltd.45984.65129146000.033100.089.032.149.838.45761.1
2K.P.R. Mill Ltd.943.0322331053.5700.040.07.421.120.08060.6
3Vedant Fashions Ltd.1318.0320151481.4886.083.220.139.527.73850.9
4Swan Energy Ltd.556.217436782.6295.443.32.89.813.77090.0
5Welspun Living Ltd.162.615591213.1120.622.43.516.615.76960.1
6Vardhman Textiles Ltd.462.213364592.2338.718.01.48.97.26930.9
7Raymond Lifestyle Ltd.2157.6131453100.02081.00.01.415.611.700.0
8Alok Industries Ltd.24.11197139.216.1-13.1-0.6-4.40.0-9140.0
9Arvind Ltd.363.79519421.0163.830.72.713.610.23261.8
10Garware Technical Fibres Ltd.4021.279834319.03028.738.46.623.118.52120.1

Nandan Denim Quarterly Results

#(Fig in Cr.)Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Net Sales721780528262457554414462579722
Other Income63126341262
Total Income728783528264463558418464605724
Total Expenditure689742505262434534388430540689
Operating Profit3841242292431346534
Interest7121311171210101510
Depreciation12138881010101114
Exceptional Income / Expenses0000000000
Profit Before Tax19163-183211133911
Provision for Tax463-41126124
Profit After Tax15111-133288277
Adjustments000-0-00000-0
Profit After Adjustments15111-133288277
Adjusted Earnings Per Share0.10.10-0.1000.10.10.20.1

Nandan Denim Profit & Loss

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Net Sales89410971157122015891456152410902176202720102177
Other Income4124211513242419123533
Total Income89811081161124216031469154911142194203820452211
Total Expenditure761940966103413641307142510242015194318922047
Operating Profit1371681952082391621238917996153164
Interest323841365827434242534745
Depreciation50606686121104887845374145
Exceptional Income / Expenses000000000000
Profit Before Tax557188856131-7-319256574
Provision for Tax162025131410-7-132452024
Profit After Tax395163734621-1-196814550
Adjustments000000000000
Profit After Adjustments395163734621-1-196814550
Adjusted Earnings Per Share0.30.40.50.50.30.1-0-0.10.500.30.5

Growth Rates

#1 Year3 Year5 Year10 Year
Sales CAGR-1%23%7%8%
Operating Profit CAGR59%20%-1%1%
PAT CAGR4400%0%16%1%
#1 Year3 Year5 Year10 Year
Share Price CAGR141%32%41%15%
ROE Average8%7%4%10%
ROCE Average12%10%7%10%

Nandan Denim Balance Sheet

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Shareholder’s Funds217259338438474491490471539540585
Minority’s Interest00000000000
Borrowings28127831842237230426326225316396
Other Non-Current Liabilities225023212022949183966
Total Current Liabilities307307392473479542445442649544453
Total Liabilities826894107213541345136012921185145912861201
Fixed Assets452437480797737632584503544534508
Other Non-Current Assets1661109185238618263230
Total Current Assets357396483538604704622664889720663
Total Assets826894107213541345136012921185145912861201

Nandan Denim Cash Flow

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Opening Cash & Cash Equivalents261917171831617293
Cash Flow from Operating Activities88133147169667915535101141230
Cash Flow from Investing Activities-94-94-180-286-0-26-18-24-55-21-50
Cash Flow from Financing Activities10-2632116-65-68-124-9-34-145-169
Net Cash Inflow / Outflow413-2-01-1513112-2512
Closing Cash & Cash Equivalent6191717183161729315

Nandan Denim Ratios

#Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Earnings Per Share (Rs)0.290.380.460.50.320.15-0-0.130.4700.31
CEPS(Rs)0.650.810.951.11.160.870.60.410.780.260.59
DPS(Rs)0.040.050.050.050.030.0200000
Book NAV/Share(Rs)1.581.892.293.043.293.43.43.273.743.754.06

Nandan Denim Shareholding Pattern

#Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoter64.7364.7364.7364.8764.8764.8764.8764.8758.4751.01
FII0.880.470.520.790.560.350.350.480.60.58
DII0.010.010.010.010.010.010.010.010.081.49
Public34.3834.7934.7434.3334.5634.7734.7734.6440.8546.92
Others0000000000
Total100100100100100100100100100100

5. Vikas Lifecare

  • Current Price: ₹4.78
  • Market Cap: ₹812 Cr
  • P/E Ratio: 224

Vikas Lifecare makes plastic items in a specialized market. Despite its high P/E ratio, the company product diversification should provide excellent long term gains.

Is the Stock Good to Buy? Caution is warranted due to high valuation metrics, but it may appeal to risk tolerant investors.

Share Price Target: If market conditions improve, a target of around ₹6 ₹7 could be achievable.

Expert Forecast: Analysts suggest successful diversification strategies could enhance Vikas Lifecare market position and increase stock prices.

Quarterly Price

Financial YearClose Price% ReturnQ1Q2Q3Q4
FY-20201.052.0 %-10.5 %-64.7 %
FY-20212.5145.8 %320.8 %53.5 %-29.0 %-46.4 %
FY-20225.3116.7 %7.5 %18.2 %29.9 %31.4 %
FY-20233.4-36.5 %1.9 %-15.7 %-2.4 %-24.2 %
FY-20244.943.5 %-9.2 %74.9 %-7.6 %-2.2 %
FY-20254.7-3.5 %13.2 %-18.6 %4.7 %

Peer Comparison

#CompanyCMPM Cap52W High52W LowPEPBROCE Last YrROE Last YrPAT TTMDiv Yield
1Rain Industries Ltd.176.65938219.6130.2-4.10.82.0-10.1-13070.6
2Agarwal Industrial Corporation Ltd.1123.216801339.0771.013.93.321.223.91210.4
3Kothari Petrochemicals Ltd.241.51421267.4108.221.25.841.829.1671.4
4Vikas Lifecare Ltd.4.78587.94.111700.02.0-6.5-5.8-10.0
5Tamilnadu Petroproducts Ltd.87.7789113.877.015.90.98.36.0501.5
6Multibase India Ltd.267.0337337.4211.026.72.511.68.6131.3
7Nexxus Petro Industries Ltd.170.0118168.4125.70.010.031.461.800.0
8SVC Industries Ltd.5.3876.72.8-83.20.3-0.5-0.8-10.0
9Hindustan Fluorocarbons Ltd.19.23823.712.028.6-0.311.80.010.0
10Jiya Eco-Products Ltd.3.511

-1.0-0.5-19.10.0-10.0

Vikas Lifecare Quarterly Results

#(Fig in Cr.)Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Net Sales10392132134118991169913292
Other Income31211-32127352
Total Income133941331358611112310213694
Total Expenditure100911271291179611410412792
Operating Profit33365-31149-292
Interest0001101111
Depreciation1101111111
Exceptional Income / Expenses00000000-60
Profit Before Tax32253-32138-3-00
Provision for Tax9-03-3-610113
Profit After Tax23336-27128-4-2-3
Adjustments-0-0-0-0-00-00-00
Profit After Adjustments23326-27127-4-2-3
Adjusted Earnings Per Share0.2000-0.20.10.1-0-0-0

Vikas Lifecare Profit & Loss

#(Fig in Cr.)Mar 2021Mar 2022Mar 2023TTM
Net Sales75301476439
Other Income144417
Total Income76345480455
Total Expenditure67302496437
Operating Profit943-1618
Interest5224
Depreciation1234
Exceptional Income / Expenses-400-6
Profit Before Tax-139-215
Provision for Tax210-65
Profit After Tax-429-16-1
Adjustments0-000
Profit After Adjustments-429-15-2
Adjusted Earnings Per Share-00.3-0.10.1

Growth Rates

#1 Year3 Year5 Year10 Year
Sales CAGR58%0%0%0%
Operating Profit CAGR-137%0%0%0%
PAT CAGR-155%0%0%0%
#1 Year3 Year5 Year10 Year
Share Price CAGR-5%10%9%NA%
ROE Average-6%4%4%4%
ROCE Average-7%7%7%7%

Vikas Lifecare Balance Sheet

#(Fig in Cr.)Mar 2021Mar 2022Mar 2023
Shareholder’s Funds67199331
Minority’s Interest002
Borrowings16210
Other Non-Current Liabilities0145
Total Current Liabilities67105107
Total Liabilities150321455
Fixed Assets42241
Other Non-Current Assets23177186
Total Current Assets122119216
Total Assets150321455

Vikas Lifecare Cash Flow

#(Fig in Cr.)Mar 2021Mar 2022Mar 2023
Opening Cash & Cash Equivalents008
Cash Flow from Operating Activities-8-15-112
Cash Flow from Investing Activities12-39-37
Cash Flow from Financing Activities-459151
Net Cash Inflow / Outflow-062
Closing Cash & Cash Equivalent0810

Vikas Lifecare Ratios

#Mar 2021Mar 2022Mar 2023
Earnings Per Share (Rs)-0.040.26-0.11
CEPS(Rs)-0.040.28-0.09
DPS(Rs)000
Book NAV/Share(Rs)0.841.822.3

Vikas Lifecare Shareholding Pattern

#Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoter14.8113.3112.2711.3611.3611.411.411.411.3914.2
FII0.0312.219.588.070.330.020.020.0210.490.28
DII00.0200000000
Public85.1674.4778.1580.5788.3188.5888.5888.5878.1385.46
Others0000000000.06
Total100100100100100100100100100100

6. Sakuma Exports

  • Current Price: ₹5.09
  • Market Cap: ₹793 Cr
  • P/E Ratio: 19.41

Sakuma Exports specializes in textiles and has an international clientele. The company emphasis on quality and customer satisfaction positions it for development as foreign commerce recovers post pandemic.

Is the Stock Good to Buy? Yes, particularly for those interested in export oriented businesses.

Share Price Target: Analysts expect a target of around ₹7 ₹9 over the next year.

Expert Forecast: Experts believe that as global demand for textiles increases, Sakuma Exports will benefit significantly from its established client base.

Quarterly Price

Financial YearClose Price% ReturnQ1Q2Q3Q4
FY-20120.3-12.8 %-5.8 %2.9 %
FY-20130.38.7 %22.2 %-4.2 %-12.5 %6.1 %
FY-20140.324.2 %13.9 %-2.7 %8.8 %3.0 %
FY-20150.417.6 %55.3 %-8.1 %-16.5 %-1.2 %
FY-20161.3219.7 %51.2 %13.2 %168.5 %-30.5 %
FY-20171.31.3 %11.7 %-9.7 %-4.7 %5.3 %
FY-20182.8118.4 %16.4 %99.7 %9.1 %-13.9 %
FY-20195.594.5 %17.9 %31.5 %51.3 %-17.0 %
FY-20200.7-87.6 %-36.9 %-49.6 %-23.7 %-48.9 %
FY-20211.040.8 %121.1 %-20.7 %32.8 %-39.5 %
FY-20222.3145.2 %122.1 %0.8 %20.4 %-9.0 %
FY-20232.0-13.3 %12.6 %10.9 %18.0 %-41.2 %
FY-20245.0146.6 %31.5 %37.1 %-3.5 %41.8 %
FY-20254.6-8.8 %41.1 %-27.3 %-11.1 %

Peer Comparison

#CompanyCMPM Cap52W High52W LowPEPBROCE Last YrROE Last YrPAT TTMDiv Yield
1Adani Enterprises Ltd.3112.73548483743.02142.388.29.711.89.542270.0
2Redington Ltd.181.014146237.3136.211.61.923.617.112003.0
3Honasa Consumer Ltd.425.013805546.5256.182.612.918.30.01260.0
4MMTC Ltd.83.512522131.949.859.67.711.912.7970.0
5Lloyds Enterprises Ltd.50.0636151.827.355.03.815.313.11770.4
6Optiemus Infracom Ltd.715.26141873.6218.4103.214.417.314.0570.0
7Entero Healthcare Solutions Ltd.1294.556301516.4974.444.93.47.05.1550.0
8MSTC Ltd.704.349581165.0417.223.05.634.724.42231.9
9SG Mart Ltd.427.44789638.5355.653.34.814.512.1860.0
10Jeena Sikho Lifecare Ltd.1568.939001645.0566.00.020.359.143.500.5

Sakuma Exports Quarterly Results

#(Fig in Cr.)Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Net Sales118610263308111006483362779501741
Other Income5122343091
Total Income119010273328131009487364779511742
Total Expenditure11731014327801993479359769481733
Operating Profit1813612167510309
Interest2212311111
Depreciation0000000000
Exceptional Income / Expenses0000000000
Profit Before Tax16115913649287
Provision for Tax3312311222
Profit After Tax1383710536266
Adjustments00-00000-000
Profit After Adjustments1383710536266
Adjusted Earnings Per Share0.10.100.10.1000.10.20

Sakuma Exports Profit & Loss

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Net Sales157918003133391545464363254613282853317321252383
Other Income311612117105771613
Total Income158218103139392645574370255613332860318021412396
Total Expenditure155417833090386544804272252813122821313420892342
Operating Profit282750617698282140465254
Interest631216179254744
Depreciation111101122110
Exceptional Income / Expenses000000000000
Profit Before Tax212437455988241434384748
Provision for Tax345810196361077
Profit After Tax182032364970181127284041
Adjustments-2-10000-000000
Profit After Adjustments162032364970181127284041
Adjusted Earnings Per Share0.20.20.40.40.50.70.20.10.20.20.30.3

Growth Rates

#1 Year3 Year5 Year10 Year
Sales CAGR-33%17%-13%3%
Operating Profit CAGR13%35%-12%6%
PAT CAGR43%54%-11%8%
#1 Year3 Year5 Year10 Year
Share Price CAGR33%30%24%26%
ROE Average9%8%7%17%
ROCE Average10%10%9%16%

Sakuma Exports Balance Sheet

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Shareholder’s Funds8697126150242307331349380413483
Minority’s Interest11100000000
Borrowings00000032210
Other Non-Current Liabilities1110111621252426356
Total Current Liabilities18643163175154161576854261123187
Total Liabilities2735307689127989431127430669571676
Fixed Assets43332275531
Other Non-Current Assets22312211272934
Total Current Assets2675247629097949391119424638539641
Total Assets2735307689127989431127430669571676

Sakuma Exports Cash Flow

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Opening Cash & Cash Equivalents924374244123263621
Cash Flow from Operating Activities-68-641861286-77-5791-85
Cash Flow from Investing Activities122512-5747-15112
Cash Flow from Financing Activities8218-3-17-52-32-26776-7777
Net Cash Inflow / Outflow15143-1136-183-223154
Closing Cash & Cash Equivalent24374131412326362125

Sakuma Exports Ratios

#Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Earnings Per Share (Rs)0.20.240.390.440.460.650.170.090.230.240.34
CEPS(Rs)0.230.250.390.450.460.660.180.110.250.250.35
DPS(Rs)0.020.020.020.020.020.020.020.010.010.010.01
Book NAV/Share(Rs)1.041.181.521.832.262.873.092.973.233.54.1

Sakuma Exports Shareholding Pattern

#Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoter61.8861.8861.8861.8861.8861.8861.8861.8846.2946.29
FII0.160.050.170.180.0300.030.20.620.13
DII0000000000
Public37.9638.0737.9637.9538.0938.1238.0937.9253.0953.58
Others0000000000
Total100100100100100100100100100100

7. Filatex Fashions

  • Current Price: ₹0.85
  • Market Cap: ₹641 Cr
  • P/E Ratio: 72.38

Investors can access the garment manufacturing company Filatex Fashions at a modest entry point. However, financial health and market changes pose larger risks.

Is the Stock Good to Buy? Only for highly risk tolerant investors who can afford potential losses.

Share Price Target: A speculative target of around ₹1 ₹1.50 could be possible if market sentiment improves.

Expert Forecast: Analysts caution that while there is a potential upside, investors should closely monitor Filatex financial health before committing capital due to its volatility.

Quarterly Price

Financial YearClose Price% ReturnQ1Q2Q3Q4
FY-20120.9-10.3 %-32.5 %-1.8 %
FY-20131.015.2 %14.1 %33.1 %-18.3 %-7.2 %
FY-20140.7-32.8 %-38.8 %13.3 %-100.0 %
FY-20152.1197.4 %30.1 %-8.2 %-27.4 %243.0 %
FY-20161.1-48.9 %30.7 %3.9 %-45.9 %-30.4 %
FY-20170.8-19.4 %19.8 %-6.0 %-15.9 %-14.9 %
FY-20180.5-38.0 %-15.1 %-8.3 %7.3 %-25.7 %
FY-20190.734.2 %-3.0 %3.9 %-25.7 %79.2 %
FY-20200.5-35.4 %-100.0 %109.2 %-44.1 %
FY-20210.55.7 %20.6 %-5.5 %-6.2 %-1.2 %
FY-20221.2144.4 %47.3 %-16.3 %131.6 %-14.4 %
FY-20232.8139.9 %33.1 %56.4 %52.9 %-24.6 %
FY-20242.3-20.2 %-7.6 %19.8 %-14.1 %-16.0 %
FY-20251.0-57.0 %-27.0 %-41.1 %0.0 %

Peer Comparison

#CompanyCMPM Cap52W High52W LowPEPBROCE Last YrROE Last YrPAT TTMDiv Yield
1Page Industries Ltd.45984.65129146000.033100.089.032.149.838.45761.1
2K.P.R. Mill Ltd.944.0322671053.5700.040.07.421.120.08060.6
3Vedant Fashions Ltd.1316.8319861481.4886.083.120.139.527.73850.9
4Swan Energy Ltd.557.217466782.6295.443.42.89.813.77090.0
5Welspun Living Ltd.162.515586213.1120.622.43.516.615.76960.1
6Vardhman Textiles Ltd.462.213364592.2338.718.01.48.97.26930.9
7Raymond Lifestyle Ltd.2157.0131413100.02081.00.01.415.611.700.0
8Alok Industries Ltd.24.11195639.216.1-13.1-0.6-4.40.0-9140.0
9Arvind Ltd.364.49536421.0163.830.72.713.610.23261.8
10Garware Technical Fibres Ltd.4021.279834319.03028.738.46.623.118.52120.1

Filatex Fashions Quarterly Results

#(Fig in Cr.)Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Net Sales4442411946456727
Other Income00400030
Total Income4442441946457027
Total Expenditure3736391643406624
Operating Profit76633543
Interest00000000
Depreciation00000000
Exceptional Income / Expenses00000000
Profit Before Tax65523432
Provision for Tax21211101
Profit After Tax54422332
Adjustments00-00-00-00
Profit After Adjustments54422332
Adjusted Earnings Per Share0.10.10.100000

Filatex Fashions Profit & Loss

#(Fig in Cr.)Mar 2023Mar 2024TTM
Net Sales164176185
Other Income433
Total Income168179188
Total Expenditure149165173
Operating Profit191415
Interest120
Depreciation010
Exceptional Income / Expenses000
Profit Before Tax171212
Provision for Tax533
Profit After Tax12910
Adjustments-000
Profit After Adjustments12910
Adjusted Earnings Per Share0.200

Growth Rates

#1 Year3 Year5 Year10 Year
Sales CAGR7%0%0%0%
Operating Profit CAGR-26%0%0%0%
PAT CAGR-25%0%0%0%
#1 Year3 Year5 Year10 Year
Share Price CAGR-65%3%14%4%
ROE Average1%8%8%8%
ROCE Average1%7%7%7%

Filatex Fashions Balance Sheet

#(Fig in Cr.)Mar 2023Mar 2024
Shareholder’s Funds832302
Minority’s Interest00
Borrowings6551
Other Non-Current Liabilities-0-0
Total Current Liabilities8687
Total Liabilities2342441
Fixed Assets35
Other Non-Current Assets462233
Total Current Assets184202
Total Assets2342441

Filatex Fashions Cash Flow

#(Fig in Cr.)Mar 2023Mar 2024
Opening Cash & Cash Equivalents72
Cash Flow from Operating Activities-1110
Cash Flow from Investing Activities1-2195
Cash Flow from Financing Activities52184
Net Cash Inflow / Outflow-5-2
Closing Cash & Cash Equivalent21

Filatex Fashions Ratios

#Mar 2023Mar 2024
Earnings Per Share (Rs)0.250.01
CEPS(Rs)0.260.01
DPS(Rs)00
Book NAV/Share(Rs)1.712.76

Filatex Fashions Shareholding Pattern

#Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoter1.541.541.571.571.571.5724.8124.8124.8224.82
FII000.720.720.710.710000.02
DII0000000000
Public98.4698.4697.7197.7197.7297.7275.1975.1975.1875.17
Others0000000000
Total100100100100100100100100100100

8. Davangere Sugar

  • Current Price: ₹6.82
  • Market Cap: ₹640 Cr
  • P/E Ratio: 53.09

Seasonality and government sugar production regulations affect Davangere Sugar business. Despite market volatility, the company operations are stable.

Is the Stock Good to Buy? Yes, especially for those looking at commodities that can benefit from seasonal demand spikes.

Share Price Target: A target of around ₹8 ₹9 is reasonable given current sugar prices and demand trends.

Expert Forecast: Experts suggest that favorable government policies supporting sugar prices could enhance Davangere Sugar profitability in the future.

9. FCS Software

  • Current Price: ₹3.60
  • Market Cap: ₹613 Cr
  • P/E Ratio: 77.79

FCS Software offers IT services and solutions, although its stock has fluctuated. Its high P/E ratio suggests speculative interest and operational hazards.

Is the Stock Good to Buy? Caution is advised; it is suitable for investors who understand the IT sector dynamics.

Share Price Target: A conservative target of around ₹4 ₹5 could be realistic based on upcoming projects or contracts secured by the company.

Expert Forecast: Analysts recommend closely monitoring FCS Software project pipeline; successful contract wins could lead to price appreciation over time.

Quarterly Price

Financial YearClose Price% ReturnQ1Q2Q3Q4
FY-20120.4
FY-20130.2-50.0 %0.0 %-12.5 %0.0 %-42.9 %
FY-20140.475.0 %25.0 %-20.0 %25.0 %40.0 %
FY-20150.3-14.3 %42.9 %-20.0 %-37.5 %20.0 %
FY-20160.30.0 %-16.7 %100.0 %-10.0 %-33.3 %
FY-20170.3-16.7 %16.7 %-28.6 %20.0 %-16.7 %
FY-20180.460.0 %-20.0 %-100.0 %
FY-20190.3-37.5 %-37.5 %-20.0 %25.0 %0.0 %
FY-20200.2-40.0 %0.0 %-20.0 %25.0 %-40.0 %
FY-20210.7333.3 %400.0 %-46.7 %125.0 %-27.8 %
FY-20223.9506.2 %184.6 %-29.7 %273.1 %-18.8 %
FY-20232.0-49.0 %-24.6 %-9.1 %3.3 %-28.0 %
FY-20243.782.1 %6.5 %20.1 %60.3 %-11.2 %
FY-20253.5-5.7 %9.3 %-6.8 %-7.5 %

Peer Comparison

#CompanyCMPM Cap52W High52W LowPEPBROCE Last YrROE Last YrPAT TTMDiv Yield
1Tata Consultancy Services Ltd.4108.014863104585.93313.031.316.569.551.0476591.9
2Infosys Ltd.1953.28109971976.91352.030.39.344.632.5266773.1
3HCL Technologies Ltd.1859.25045381864.01215.730.07.531.123.7168423.4
4Wipro Ltd.536.6280694580.0375.025.13.817.614.7112910.2
5LTIMindtree Ltd.6468.81915956575.04518.441.99.734.125.645671.3
6Tech Mahindra Ltd.1672.81636531697.21089.058.75.612.08.925533.2
7Oracle Financial Services Software Ltd.11808.210242912619.03870.043.813.239.829.523352.7
8Persistent Systems Ltd.5612.2864565635.02814.473.818.331.325.911710.7
9Mindtree Ltd.3433.4566130.00.029.910.446.233.918910.9
10L&T Technology Services Ltd.5284.5559305990.04107.242.810.738.027.313080.9

FCS Software Soltns. Quarterly Results

#(Fig in Cr.)Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Net Sales108998999109
Other Income0111010082
Total Income1091010991091811
Total Expenditure8887777777
Operating Profit31222223114
Interest1000010051
Depreciation1111211111
Exceptional Income / Expenses-100000-6-6-70
Profit Before Tax-001101-5-4-22
Provision for Tax00000001-10
Profit After Tax-001101-6-5-11
Adjustments-0-0-000-00-0-0-0
Profit After Adjustments-001101-6-5-11
Adjusted Earnings Per Share-000000-0-0-00

FCS Software Soltns. Profit & Loss

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Net Sales1347942373440373435353737
Other Income561110723322910
Total Income1398653474143413736374648
Total Expenditure1488047443637402829292928
Operating Profit-95635618881620
Interest115101322266
Depreciation48484747621691854444
Exceptional Income / Expenses-0-00000-3-13-10-19-19
Profit Before Tax-58-44-45-45-57-165-23-1202-12-9
Provision for Tax0111111101-00
Profit After Tax-58-45-46-46-58-166-24-12-01-12-11
Adjustments00000-7-0000-20
Profit After Adjustments-58-45-46-45-58-172-24-12-01-14-11
Adjusted Earnings Per Share-0.3-0.3-0.3-0.3-0.3-1-0.1-0.1-00-0.10

Growth Rates

#1 Year3 Year5 Year10 Year
Sales CAGR6%3%-2%-12%
Operating Profit CAGR100%26%22%0%
PAT CAGR-1300%0%0%0%
#1 Year3 Year5 Year10 Year
Share Price CAGR24%29%77%24%
ROE Average-6%-2%-5%-14%
ROCE Average-3%0%-3%-12%

FCS Software Soltns. Balance Sheet

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Shareholder’s Funds532493398356341342304297348359429
Minority’s Interest000330000011
Borrowings1010327242219150
Other Non-Current Liabilities-0-0-100444443
Total Current Liabilities18173036271081081012
Total Liabilities550510428396375384341333378389454
Fixed Assets275239232197197213211205423969
Other Non-Current Assets121170121160128134118107328340357
Total Current Assets1086245162725122181028
Total Assets550510428396375384341333378389454

FCS Software Soltns. Cash Flow

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Opening Cash & Cash Equivalents37344333511143332
Cash Flow from Operating Activities-0518-968-1-544215
Cash Flow from Investing Activities-30232-13-57-19-31129
Cash Flow from Financing Activities263-60-6-523-3-5-5-5-25
Net Cash Inflow / Outflow-49-10-2863-110-0-1-1
Closing Cash & Cash Equivalent3443335111433322

FCS Software Soltns. Ratios

#Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Earnings Per Share (Rs)-0.35-0.27-0.28-0.27-0.34-1.01-0.14-0.07-00.01-0.08
CEPS(Rs)-0.060.0200.010.020.02-0.03-0.050.020.03-0.05
DPS(Rs)00000000000
Book NAV/Share(Rs)2.932.722.191.941.971.111.040.970.970.971.48

FCS Software Soltns. Shareholding Pattern

#Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoter19.6519.6519.6519.6519.6519.6519.6519.6519.6519.65
FII0.030.030.030.030.030.030.020.020.040
DII0.030.030.030.030.030.030.030.030.030.03
Public80.2880.2880.2880.2880.2880.2980.2980.380.2780.31
Others0000000000
Total100100100100100100100100100100

10. Remedium Life

  • Current Price: ₹8.65
  • Market Cap: ₹348 Cr
  • P/E Ratio: 15.01

Remedium Life makes health goods and services in demand as global health awareness grows.

Is the Stock Good to Buy? Yes, given the growing healthcare sector potential and Remedium positioning within it.

Share Price Target: Analysts suggest a target of approximately ₹10 ₹12 within the next year based on increasing demand for healthcare products.

Expert Forecast: Experts believe that as healthcare spending rises globally, Remedium Life stands poised for significant growth opportunities.

Quarterly Price

Financial YearClose Price% ReturnQ1Q2Q3Q4
FY-20190.1-100.0 %-100.0 %
FY-20210.4-6.9 %
FY-20221.2214.8 %132.2 %23.6 %10.1 %-0.4 %
FY-20236.6432.6 %-0.3 %-0.5 %2.4 %424.2 %
FY-202427.1311.9 %492.2 %-8.4 %-29.8 %8.2 %
FY-20258.2-70.0 %-44.6 %-40.6 %-8.7 %

Peer Comparison

#CompanyCMPM Cap52W High52W LowPEPBROCE Last YrROE Last YrPAT TTMDiv Yield
1Adani Enterprises Ltd.3118.03554523743.02142.388.49.811.89.542270.0
2Redington Ltd.180.714127237.3136.211.61.923.617.112003.0
3Honasa Consumer Ltd.425.013805546.5256.182.612.918.30.01260.0
4MMTC Ltd.83.512520131.949.859.67.711.912.7970.0
5Lloyds Enterprises Ltd.50.1637251.827.355.13.815.313.11770.4
6Optiemus Infracom Ltd.722.06199873.6218.4104.214.517.314.0570.0
7Entero Healthcare Solutions Ltd.1294.556301516.4974.444.93.47.05.1550.0
8MSTC Ltd.702.549461165.0417.222.95.634.724.42231.9
9SG Mart Ltd.427.04785638.5355.653.24.814.512.1860.0
10Jeena Sikho Lifecare Ltd.1568.939001645.0566.00.020.359.143.500.5

Remedium Lifecare Quarterly Results

#(Fig in Cr.)Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Net Sales4099158176763304691834140878
Other Income00200041432
Total Income4099160177763304731848141180
Total Expenditure4193156175783234621779144477
Operating Profit-1742-371069-322
Interest0000-000040
Depreciation0000000000
Exceptional Income / Expenses00-20000000
Profit Before Tax-1622-371069-362
Provision for Tax00002240181
Profit After Tax-1622-55769-542
Adjustments000-00-00000
Profit After Adjustments-1622-55769-542
Adjusted Earnings Per Share-00.20.10-0.10.10.21.7-1.30

Remedium Lifecare Profit & Loss

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Net Sales32410039050551040423789
Other Income01000000012123
Total Income33410039050551140633812
Total Expenditure32410038950350340083762
Operating Profit01000001285549
Interest000000000054
Depreciation000000000000
Exceptional Income / Expenses000000000000
Profit Before Tax01000001275045
Provision for Tax00000000021823
Profit After Tax01000000153324
Adjustments000000000000
Profit After Adjustments01000000153324
Adjusted Earnings Per Share0000000000.10.80.6

Growth Rates

#1 Year3 Year5 Year10 Year
Sales CAGR693%255%0%106%
Operating Profit CAGR588%280%0%0%
PAT CAGR560%0%0%0%
#1 Year3 Year5 Year10 Year
Share Price CAGR-72%92%112%NA%
ROE Average123%73%48%24%
ROCE Average100%73%48%24%

Remedium Lifecare Balance Sheet

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Shareholder’s Funds2333333451043
Minority’s Interest00000000000
Borrowings000000011000
Other Non-Current Liabilities0-0-00-0-0000-0-0
Total Current Liabilities53200012421911441905
Total Liabilities76533443922411541948
Fixed Assets11000000000
Other Non-Current Assets11111000000
Total Current Assets53422443822411541948
Total Assets76533443922411541948

Remedium Lifecare Cash Flow

#(Fig in Cr.)Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Opening Cash & Cash Equivalents000000111122
Cash Flow from Operating Activities-00-10-0-0-0-101121-74
Cash Flow from Investing Activities001001-0-0-0-00
Cash Flow from Financing Activities0-0-0-0-00010-11-054
Net Cash Inflow / Outflow0-000-01-0-0120-20
Closing Cash & Cash Equivalent000001111222

Remedium Lifecare Ratios

#Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Earnings Per Share (Rs)00.0100000.010.010.030.130.81
CEPS(Rs)0.010.010.01000.010.010.010.030.140.81
DPS(Rs)00000000000
Book NAV/Share(Rs)0.060.080.080.080.080.080.080.10.120.261.07

Remedium Lifecare Shareholding Pattern

#Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoter1.111.111.111.111.111.111.111.111.111.11
FII00000.040.080.040.0400
DII0000000000
Public98.8998.8998.8998.8998.8598.8198.8598.8598.8998.89
Others0000000000
Total100100100100100100100100100100

Benefits of Investing in Stocks Under ₹10 in India

Low priced shares provide several benefits for rookie and experienced investors:

  • These stocks enable investors to join the market without a significant investment. This accessibility lets people from different financial backgrounds invest in equities and diversify portfolios.
  • Cheap stocks frequently belong to smaller businesses with greater growth potential than larger ones. Investors prepared to take measured risks might profit from even little stock price rises by buying in bulk at lower prices.
  • Low priced shares provide diversity across industries without straining one budget, reducing portfolio risk.
  • The speculative character of many low priced stocks allows them to change quickly according to market sentiment or corporate news. These stocks may be profitable for short term traders or those comfortable with volatility.

Factors to Consider When Investing in Low Price Shares

Investment in low priced shares has several advantages, but investors should examine many vital aspects before investing:

  • Investors should analyze firm fundamentals, including revenue growth, profit margins, and debt levels, before investing in a stock.
  • Staying abreast of market trends affecting stock performance is essential for long term investing success.
  • Valuation indicators like P/E ratios may assist in finding cheap possibilities by comparing a stock price to its earnings potential and industry norms.
  • Having enough trading volume for a company helps investors purchase or sell shares without price changes, which is especially important for volatile, lower priced equities.
  • Finally, learning your risk tolerance is essential when investing in speculative assets like low priced shares. Knowing your comfort level with potential losses will help you plan for market fluctuations and realistically expect returns on investment.

Conclusion

India dynamic market offers intriguing chances for rookie and seasoned investors to participate in low priced shares under ₹10 per share.

Before investing, it is essential to do extensive research and analysis to limit these companies’ volatility and position oneself competitively in this distinct section of equities.

By understanding these investments’ benefits and critical factors affecting their performance, you can make more informed decisions that align with your financial goals and navigate this intriguing space effectively, paving the way for future equity market success!

FAQs

Stocks selling below ₹ 10 are considered low priced and frequently connected with smaller enterprises or those suffering financial troubles.

Yes, their volatility and the financial condition of the firms behind them make them riskier; rigorous examination is needed before investing.

Before making judgments, consider firm fundamentals like revenue growth patterns and market positioning, valuation measures like P/E ratios, and risk tolerance.

Yes! If chosen intelligently, these volatile stocks may provide high profits, but you must be mindful of the hazards.

Many low-priced shares don’t pay dividends; instead, the company reinvests earnings in growth—check company policy before investing!

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