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February 15, 2024 - February 20, 2024

Kalahridhaan Trendz IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Kalahridhaan Trendz IPO.

Kalahridhaan Trendz IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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Kalahridhaan Trendz IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda May Apply

Kalahridhaan Trendz IPO Review by Dilip Davda (May apply)

[Dilip Davda]  The company is operating in a highly competitive and fragmented segment. It primarily works on B2B model for manufacturing and trading in fabric with embroidery and grey fabrics. Based on FY24 annualized super earnings, the issue appears reasonably priced, but sustainability of such margins going forward raised concerns. Well-informed/cash surplus investors may consider parking funds for the medium term. Read detail review...

Kalahridhaan Trendz IPO Peer Comparison

Kalahridhaan Trendz Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company NameEPS (Basic)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
Kalahridhaan Trendz Limited5.4629.748.2436.751.51Standalone
Spl Industries Ltd.8.2264.649.0312.721.15Standalone
Kitex Garments Ltd.8.94136.0726.086.651.71Standalone
Monte Carlo Fashions Ltd64.03374.6710.8417.091.85Standalone

Notes:

  1. Considering the nature and size of the business of Kalahridhaan Trendz Limited the peers are not strictly comparable. However, the above companies are included for broad comparison.
  2. The figures for Kalahridhaan Trendz Limited are based on the restated standalone financial statements for the period ended on March 31, 2023.
  3. The figures are based on the Standalone financial statements for the year ended March 31, 2023 of peers group (filed with NSE Stock Exchange)
  4. CMP of the peer group is as per the closing price as available on NSE as on January 31,2024.
  5. NAV is computed as the closing net worth divided by the closing outstanding number of equity shares. Net worth has been computed as the aggregate of share capital and reserves and surplus (excluding Revaluation Reserves) and as attributable to the owners of the Company.
  6. The P/E Ratio for the peer has been computed based on the closing market price of respective equity shares as on March 31, 2023 sourced from website of Stock Exchange as divided by the Basic/diluted EPS as applicable.
  7. RoNW is computed as net profit after tax, as attributable to the owners of the Company divided by closing net worth. Net worth has been computed as the aggregate of share capital and reserves and surplus (excluding Revaluation Reserves) and as attributable to the owners of the Company.

Kalahridhaan Trendz IPO Review by Members

Kalahridhaan Trendz IPO Reviews, analysis and views by popular members. Read Kalahridhaan Trendz Limited IPO reviews by retail investors to find recommended ipo to buy.

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Kalahridhaan Trendz IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 0 1 0 0
% 0.00 100.00 0.00 0.00
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Member Review
sekar Ramaswami

May Apply for Listing Gain at Upper Price Band

We can take a risk

February 18, 2024 4:06:05 PM

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