Shricon Inds Stock Price Analysis and Quick Research Report. Is Shricon Inds an attractive stock to invest in?

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow.

Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry. Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

Shricon Inds stock price today is Rs 204.4. To understand the functions of the Shricon Inds better, you must go through the following points:

Key Financials –

• Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of Shricon Inds is Rs 0.8706 Cr and the compounded growth of profit in the past 3 years is 240.76893947862 %. The PAT margin of Shricon Inds is 151.6196 %.

• EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Shricon Inds , the EPS declined by -28.0193 % YOY. 

 Financial Ratios –

•  Return on Equity (ROE): Shricon Inds has a healthy ROE track record. The ROE of Shricon Inds is at 22.3609 % for the latest year.

• P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Shricon Inds is worth at the current levels at Rs 204.4. Shricon Inds is trading at a current P/E ratio of 17.6329 and the average historical P/E for the last 5 years was 39.958229090909.

• P/B ratio can be one of the best metrics to value such companies. Currently, Shricon Inds is trading at a P/B of 5.6128 . The average historical P/B for the last 5 years was 1.35269815219128. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

• Share Price: - The current share price of Shricon Inds is Rs 204.4. One can use valuation calculators of ticker to know if Shricon Inds share price is undervalued or overvalued.