1) Suzlon Energy Ltd.
About the company: Suzlon Group is among the world's leading renewable energy solutions providers that is revolutionizing and redefining the way sustainable energy sources are harnessed across the world.
Positives:
- The business has decreased its debt.
- The company should deliver a strong quarter.
- The number of debtor days decreased from 125 to 76.4 days.
Negatives:
- The low-interest coverage ratio for the company.
- Over the last five years, the company has delivered a dismal sales growth of -12.3%.
- 14.5% of promoters have pledged 80.8% of their holdings, which is a low promoter holding.
2) Kanani Industries
About the company: Kanani Industries Ltd is engaged in the business of manufacturing & export of Diamond Studded Jewelry.
Positives:
- Company with low debt
- The company have zero promoter pledge
- Strong Annual EPS growth
Negatives:
- The company has delivered a poor sales growth of -8.06% over the past five years.
- The company has a low return on equity of 1.38% over the last 3 years.
- The company might be capitalizing on the interest cost
3) IL&FS Investment Managers Ltd.
About the company: IL&FS Investment Managers Limited is a domestic private equity fund management company which deals in investment banking, asset management and infrastructure financing.
Positives:
- The company is almost debt free.
- Stock is trading at 0.92x its book value
- The company is expected to give a good quarter
- The company has been maintaining a healthy dividend payout of 48.4%
Negatives:
- The company has delivered a poor sales growth of -12.6% over the past five years.
- The company has a low return on equity of 0.27% over the last 3 years.
- Promoters have pledged 100% of their holding.
4) Bhandari Hosiery Exports Ltd.
About the company: Bhandari Hosiery Exports is engaged in the textile business. Business activities include design and development to knitting, dyeing, and finishing of fabrics and garments.
Positives:
- Stock is trading at 0.81x its book value
Negatives:
- The interest coverage ratio for the company is low.
- Over the previous five years, the company's sales growth was only 5.77%, which is poor.
- Low promoter ownership: 25.0%
5) Prakash Steelage Ltd.
About the company: Prakash Steelage Limited is a manufacturer of Stainless Steel Welded Pipes, Tubes & U-tubes.
Positives:
- The business has decreased its debt.
- Over the past five years, the company has produced strong profit growth of 24.2% CAGR.
- The number of days owed has decreased from 73.5 to 30.8.
Negatives:
- Over the last five years, the company has delivered a dismal sales growth of -20.5%.
- Low promoter ownership: 33.4%
- Earnings also include 126 crore rupees in other income.
- Over the past three years, promoter holding has decreased: -14.8%
