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May 9, 2024 - May 13, 2024

Energy Mission Machineries IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Energy Mission Machineries IPO.

Energy Mission Machineries IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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Energy Mission Machineries IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda May Apply

Energy Mission Machineries IPO Review by Dilip Davda (May apply)

[Dilip Davda]  The company is engaged in designing and manufacturing CNC, NC and conventional metal forming machines. This segment has many players and all of them have different set of financial performances. This company marked steady growth in its top lines, but boosted profits from FY22 onwards raise eyebrows and concern over its sustainability. Based on FY24 annualized super earnings, the issue appears fully priced. Well-informed/cash surplus investors may park moderate funds for the medium to long term rewards. Read detail review...

Energy Mission Machineries IPO Peer Comparison

Energy-Mission Machineries (India) Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company NameEPS (Basic)EPS (Diluted)P/E (x)RoNW (%)Financial statements
Energy-Mission Machineries (India) Limited9.479.4733.57
Macpower Cnc Machines Limited12.8912.8989.0613.34
Jyoti CNC Automation Limited1.021.02779.5618.35

Source -

  1. All the financial information for listed industry peers mentioned above is sourced from the Financial Results of the aforesaid companies for the year ended March 31, 2023 and stock exchange data dated January 16, 2024 to compute 82 the corresponding financial ratios. Information related to Jyoti CNC Automation Limited has been taken from its Prospectus dated January 02, 2024. The company has taken the current market price as the issue price of equity shares. Further, the P/E Ratio is based on the current market price of the respective scrips.
  2. The EPS, NAV, RoNW and total Income of our Company are taken as per the Restated Financial Statement for the FY 2022- 23.
  3. NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as of March 31, 2023.
  4. RoNW has been computed as net profit after tax divided by closing net worth. (v) Net worth has been computed in the manner specified in Regulation 2(1) (hh) of SEBI (ICDR) Regulations, 2018.

 


Energy Mission Machineries IPO Review by Members

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