Pritika Engg. Compnt Stock Price Analysis and Quick Research Report. Is Pritika Engg. Compnt an attractive stock to invest in?

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Pritika Engg. Compnt is performing and if it is the right time to buy the stock of Pritika Engg. Compnt with detailed analysis.

• The mainstream of revenue for Auto Sector is their sales, Pritika Engg. Compnt has reported poor sales growth of 5.8905 % and in the latest quarter sales was Rs 29.957 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 5.2085 times for Pritika Engg. Compnt . It is managing its inventory poorly .
   
• Pritika Engg. Compnt reported Profit growth of 5.0278 % over the year, where the latest year profit is Rs 3.7162 Cr compared to the previous year of Rs 3.5383 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
   
• The operating profit of Pritika Engg. Compnt in the latest quarter is Rs 4.463 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
   
• Pritika Engg. Compnt has a average ROE of 10.9291 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Pritika Engg. Compnt has a low Debt to Equity ratio of 1.149.
   
• Pritika Engg. Compnt pays a dividend of 0 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0 %.
   
• The share of promoter in Pritika Engg. Compnt is high at 70.81 %, where the pledging is 0 %.
   
• What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Pritika Engg. Compnt is 51.2904767594695 compared to the 5 year average PE of 6.35134 .
   
• Share Price: - The current share price of Pritika Engg. Compnt is Rs 171.7. One can use valuation calculators of ticker to know if Pritika Engg. Compnt share price is undervalued or overvalued.