Current price is less than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Pradeep Metals consolidated net profit rises 97.28% in the December 2022 quarter

Pradeep Metals consolidated net profit rises 32.80% in the June 2022 quarter

Pradeep Metals Standalone March 2022 Net Sales at Rs 60.42 crore, up 43.41% Y-o-Y

Pradeep Metals consolidated net profit rises 34.32% in the March 2022 quarter

Pradeep Metals consolidated net profit rises 150.34% in the December 2021 quarter

The Company is India-based company engaged in manufacturing of steel products.

Pradeep Metals wins ’Best Patent Portfolio in SME (Manufacturing/Engineering) sector award; Stock soars 1%

Pradeep Metals Consolidated September 2021 Net Sales At Rs 55.00 Crore, Up 23.56% Y-o-Y

The supplier has demonstrated superior performance on all KPIs, supporting Alfa Laval to ensure the business continuity.

Pradeep Metals receives ‘Best Supplier Performance Award 2020’ from Alfa Laval

Pradeep Metals Consolidated June 2021 Net Sales At Rs 45.86 Crore, Up 69.35% Y-o-Y

The ratings continue to reflect the promoters’ extensive experience in the forging industry and established relations with customers.

CRISIL revises Pradeep Metals’ bank loan facilities outlook to ‘Positive’, reaffirms rating

Pradeep Metals Standalone March 2021 Net Sales At Rs 42.13 Crore, Up 10.75% Y-o-Y

Pradeep Metals Limited makes steel products. Its products include material grades, valves, gears and automative, manifolds, forged flanges and general engineering. The Company industries, such as instrumentation, oil and gas, and petro-chemical.

Pradeep Metals Ltd

Pradeep Metals Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Pradeep Metals consolidated net profit rises 97.28% in the December 2022 quarter

Pradeep Metals consolidated net profit rises 32.80% in the June 2022 quarter

Pradeep Metals Standalone March 2022 Net Sales at Rs 60.42 crore, up 43.41% Y-o-Y

Pradeep Metals consolidated net profit rises 34.32% in the March 2022 quarter

Pradeep Metals consolidated net profit rises 150.34% in the December 2021 quarter

Pradeep Metals wins ’Best Patent Portfolio in SME (Manufacturing/Engineering) sector award; Stock soars 1%

Pradeep Metals Consolidated September 2021 Net Sales At Rs 55.00 Crore, Up 23.56% Y-o-Y

Pradeep Metals receives ‘Best Supplier Performance Award 2020’ from Alfa Laval

Pradeep Metals Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Pradeep Metals consolidated net profit rises 97.28% in the December 2022 quarter

Pradeep Metals consolidated net profit rises 32.80% in the June 2022 quarter

Pradeep Metals Standalone March 2022 Net Sales at Rs 60.42 crore, up 43.41% Y-o-Y

Pradeep Metals consolidated net profit rises 34.32% in the March 2022 quarter

Pradeep Metals consolidated net profit rises 150.34% in the December 2021 quarter

Pradeep Metals wins ’Best Patent Portfolio in SME (Manufacturing/Engineering) sector award; Stock soars 1%

Pradeep Metals Consolidated September 2021 Net Sales At Rs 55.00 Crore, Up 23.56% Y-o-Y

Pradeep Metals receives ‘Best Supplier Performance Award 2020’ from Alfa Laval

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock