June 20, 2024 - June 24, 2024

EnNutrica IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to EnNutrica IPO.

EnNutrica IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	0	0	0	0
%	100.00	0.00	0.00	0.00	0.00

EnNutrica IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

EnNutrica IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company posted negative performances for FY21 and FAY22, and then marked improved performance, with streamlining its production facility, that boosted its top and bottom lines. It’s major stakeholder Indrayani Biotech is in limelight post change in management and shift in its business model. Based on annualized FY24 super earnings, the issue appears fully priced. Investors may park funds for the medium to long term. Read detail review...

EnNutrica IPO Peer Comparison

Dindigul Farm Product Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Dindigul Farm Product Limited	3.59	-11.39				Standalone
Dodla Dairy Limited	15.84	148.44	29.36	10.76	3.13	Standalone
Parag Milk Foods Ltd	6.34	69.81	11.55	8.37	1.05	Standalone
Modern Dairies Ltd.	5.21	-41.06	3.61	-12.64	-0.46

Source:

All the financial information for listed industry peer mentioned above is on a Standalone basis sourced from the Annual Reports/Information of the peer company uploaded on the NSE and BSE website for the year ended March 31, 2023. Source for Dindigul Farm Products Limited: Based on the Restated Financial Statements for the year ended March 31, 2023. P/E Ratio has been computed at the Issue Price.

Notes:

P/E Ratio has been computed based on the closing market price of equity shares on the NSE and BSE on March 31, 2023 divided by the Basic EPS.
RoNW is computed as net profit after tax divided by the closing net worth, which has been computed as the sum of share capital, reserves, and surplus.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares

EnNutrica IPO Review by Members

EnNutrica IPO Reviews, analysis and views by popular members. Read Dindigul Farm Product Limited IPO reviews by retail investors to find recommended ipo to buy.

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EnNutrica IPO Review Summary by Members

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