저자: ResearchBhai · 외국인
요약 보기
결론: DB Realty는 실적 턴어라운드와 상승 모멘텀이 보이지만 재무 리스크가 커서 신규 매수는 신중히 접근하고, 분기 실적 추이를 지켜볼 것을 권고. 실적 개요: 순손실이 직전 분기 약 5.7억 루피에서 이번 분기 약 0.9억 루피로 축소, 전년 동기 약 6.1억 루피 대비 약 1.9억 루피로 개선. 긍정 요인: 라케시 준준왈라 부부가 약 2% 지분 보유, 시가총액 약 200억 루피 규모의 마이크로캡. 업황 요인: 정부가 2억 루피 이하 주택 구입·분양자에 소득세 면제 등 부양책을 발표했다고 언급. 주가 흐름: 최근 2개월 약 23% 상승, 당일 20% 상한가. 인도 주가는 8.30 루피 수준. 수급: 인수 대비 인도물량(딜리버리) 비중이 약 70%로 높게 나타나 투자자 기대감 반영으로 해석. 부정 요인: 이자보상배율이 낮아 이익으로 이자를 감당하는 능력이 약함. 매출 및 성장: 5년 매출 성장률 약 -8%로 역성장 추세, 매출 규모 역시 낮음. 수익성 지표: 자기자본이익률(ROE) 약 -10.6%로 주주 수익률 저조. 우발채무: 약 260억 루피 수준으로 언급됨. 지배주주 지분: 프로모터 지분이 약 70%로 높은 편. 운전자본: 매출이 현금화되기까지 약 194일 소요, 현금 회수 지연 우려. 차트 및 리스크: 1년간 하락 후 최근 박스권, 당일 급등은 작전성 또는 일시적 반등 가능성 존재. 출연자 전망: 리서치 바이 본인은 신규 투자자는 보수적으로 분할 추가하고, 실적 개선 지속 여부를 확인한 뒤 판단하라고 권고. 주가 방향에 대한 명확한 단기 목표가는 제시하지 않음.
다듬은 글
Jhal Hello Hello friends, how are you all? Did you finish your second stock? Welcome to this video. DB Reality, which is a pan-stock. Although it remains in the news because the very famous and western Mr. Rakesh Jhunjhunwala and his wife Miss Rekha Jain have a stake in it, but today we will discuss it in a different way.
Friends, today this topic has hit an upper circuit of 20%. So, is this sudden jump in the price an expected opposition or is it a strong signal that we can expect very good performances in the company in the coming times? So friends, we will combine some of these things and try to find out what investment potential we see in it.
So friends, let's move ahead. Research Bhai is now available on Telegram as well. So, we have provided the link of join us there as well. First of all, let's understand the business of the company. TV Reality Limited Language Day Real Estate Development and Construction Company, that is, it is a real estate developer and is involved in construction related work.
The current market price of the company is 8.30 per piece. So friends, now let's talk about the company's profits. Here we can see that 3 is long here. So here the second column shows us the date of the previous quarter. The first column shows us the result of this quarter and the third column shows us the result of the same quarter of the previous year.
So the first and third columns will help us in making an aggregate comparison and the point to problem will help in making a comparison on a quarterly basis. Friends, let's talk about the net profit of the company. Net profit, we can see that in the last quarter the net profit and this data, all these three data are showing us in loss.
So the last in the last quarter was Rs. 5.7 crores but in this quarter it has reduced to Rs.90 crores. This is the problem of the company. There has been an improvement and the company has reduced its last on a quarterly basis. If we talk about early compression, then in the same quarter last year, its last was Rs.
61 crore, which has come down to Rs. 19 crore. So, here the company has shown a very good turnaround and perhaps we hope that the management of the company is taking some such steps that there is improvement in its profitability and in the coming quarters we can expect that this loss will also not remain and in the coming time the company will become very profitable and these results will be seen in A+.
So friends, in this way we have added the fans of the company. Let us now talk about some such points which are in favor of the company. The first point is that famous investors Rakesh Jhunjhunwala and Rekha Jain wala have a stake in it and that is almost 2%, so this is a positive sign and it is a positive sign for the investors that when there is so much stake in this company.
Famous investors have invested, so they must have done so after careful consideration and they too see very good future growth potential in it. So I also believe that the company will perform well in the times to come. The market cap of the company is almost two hundred crore rupees, which means it is a micro cap company.
The profitability of the company has improved in this quarter, as we understood when we were looking at the financial results, and they have reduced their losses both on an ital and near basis. This is a good thing. A very good performance is visible within the company because we can see that gradually as time is passing, the real estate sector, which was quite cold till now, we can see a positive outlook in it again.
A positive outlook is developing. And the second thing is that the government is also bringing some such policies so that the demand in real estate is boosted. The government has recently said that all the home buyers and developers should buy flats or flats up to Rs 2 crore. Those who are selling or buying homes will be given income tax exemption, which means it is a very good step to boost the balance and demand again.
Then we talk about the fact that the stock has given a return of up to 23% in the last two months, which is a very good thing. We can see a very good print in the stock price as well. Then we talk about today, that is, we saw a rally of 20% today, in which an upper circuit has been applied. We can see that the deliverable quantity was very 70% compared to the trend quantity, that is, see, today the delivery in the stock has been raised to 70 percent, that is, this 70 percent has been such investors who have expected that the stock will go up in the coming time, which means that a very good thing can be seen from here.
This very positive investor sentiment seems to be developing for the company's stock and the performance shown by the company in the recent quarter and the company Keeping in mind the growth potential in the future, investors seem to have a very good sentiment towards Tata Company. So let's see how the company performs in the future.
Now let's talk about some such points which are quite negative for the company and do not add in the company's favor. But it is important for us to know all these things as well. The company has a low interest coverage ratio, that is, the interest rate of the company. So, the interest coverage ratio is quite low, which means that whatever profit the company is able to earn is quite low.
As compared to the year, debt is guaranty in whether it will be able to repay its debt. This review helps us to understand this and this interest coverage ratio is quite low. So here we see deposit rates, then the growth of -8 percent over the five, that is, we have seen a continuous draw in the company.
There has been an impact from the sales and we have made profits, so this is a very negative sign. The performance of the company is being affected which can affect the performance of the company, then the company has a slow return on equity i.e. - 10.62 percent, which means that the return on equity has been very poor for the equity investors and that has been - 10 percent, then the contingent liability of the Swiss company is Rs.
260, that if you keep the money separately from the debt, so that if you face any problem in the future, if you have any debt, then for that you have kept this much liability separately, if in this, which is the very negative news for Dell company, the promoters of the company have kept almost 70% of their capital, which is very negative, the company has high returns of 19020, which means that whatever sales the company makes, a lot of your money is being received by them very late, that it takes 194 days for the sales to convert into cash, so whatever money they have made, that money is given to them It is taking almost more than 6 months to get back to its customers, which means it is a very negative thing for the company.
The company's management should also pay attention to this aspect so that they will have to take such steps to reduce the company's debt and improve it so that the company gets money as quickly as possible and their serial wise and the company moves towards a growth trajectory. As we have seen, the company's revenue in the financials has also been very low, so this is a bit of a worrying thing which any investor should keep in mind before investing.
So friends, let's move ahead and once again look at the company's chart to see how the company has performed in the last one year. Here we can see that from here we saw a continuous decline, then here the company showed a slight pick up trend and for the last few months the company's stock has been behaving in a very range bound manner, but today we will see only one surprising thing about the company.
The stock suddenly witnessed a 20% rally and the company hit an upper circuit. So, friends, this is a bit surprising and forces us to think whether investor sentiment is looking a little positive or is this a sudden spike or is it a speculative move. Investors should have some questions and should keep all these things in mind.
As we also discussed the negative aspects of the company on Wednesday, all those things should be kept in mind and one should formulate his investment opinion here after careful consideration. Friends, let's move ahead and come to the most important part which is our test, that is, what should the investor do.
As we have discussed, the company has shown a very significant turnaround in this quarter and they have also improved and reduced their losses, which is a very good thing, that is, gradually the company is moving forward on the profitability track. Then the company is moving forward in this back. Through some famous investors, this thing gives a very good booster to a company that it has the support of very good big investors, as we have already discussed that Mr.
Rakesh Jhunjhunwala and I were with Rekha Jain, so this is a very positive sign for the investors that when such big investors see a good growth potential in the stock, then it is possible that the company will show a good performance in the coming time as well. Then we saw that for some time in the last few months, there has been a consolidation phase in the stock of the company, but now in the recent time, when we have seen a very record improvement, then we have seen that the fundamentals of the company are gradually improving and a growth potential is being seen within the company.
And as we have already discussed that a very positive outlook is being generated in the realty sector as well, so all these factors may take the stock of the company to a new height in the coming time, but investors should also be a little cautious here. This rally is a turnaround and a relative decline in the pack.
It is possible that the operators may have made a lot of changes in the stock price and suddenly, and then it is possible that in the coming few days, a reversal may be seen in the stock, so it is possible that it may also go to one side, so investors should be a little cautious about this, so my opinion of a research brother would be that investors should watch this stock movement a little and keep an eye on its quarterly results, that is, if the losses in this stock are reduced, then it is possible that if the company continues its good performance, then in the coming quarters, it may become profitable, then only we will be able to say that this turnaround was quite significant and it has been suspended in the coming time and the company has now started on a very good growth, so therefore, here we would suggest that the current investors should be a little cautious.
They should add conservatively, and if they feel they need to take some investment position or do something, then our advice would be that they should first consult their investors and only then think about it further. So with this, friends, your research brother would like to bid you farewell. Why didn't you go to college? Lord bless you.
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