Shivam Autotech Stock Price Analysis and Quick Research Report. Is Shivam Autotech 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 Shivam Autotech is performing and if it is the right time to buy the stock of Shivam Autotech with detailed analysis.

• The mainstream of revenue for Auto Sector is their sales, Shivam Autotech has reported poor sales growth of 0.247101343946543 % and in the latest quarter sales was Rs 120.829 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 5.580723966546 times for Shivam Autotech . It is managing its inventory poorly .
   
• Shivam Autotech reported Profit loss of -116.16844019103 % over the year, where the latest year profit is Rs -34.7173 Cr compared to the previous year of Rs -16.0603 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
   
• The operating profit of Shivam Autotech in the latest quarter is Rs 10.119 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
   
• Shivam Autotech has a poor ROE of -28.5596531443358 %. 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. Shivam Autotech has a high Debt to Equity ratio of 4.0271.
   
• Shivam Autotech 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 Shivam Autotech is high at 74.8 %, 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 Shivam Autotech is -14.9621545502552 compared to the 5 year average PE of 0 .
   
• Share Price: - The current share price of Shivam Autotech is Rs 42.5. One can use valuation calculators of ticker to know if Shivam Autotech share price is undervalued or overvalued.