Image
SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  |  sumanspeaks.blogspot.com Travel & Hospitality · Turnaround Watch Easy Trip Planners At ₹5.78: The Hotel Business Is Growing Faster Than The Old Business Is Shrinking Near its 52-week low, EaseMyTrip is quietly turning into a different company than the one that listed in 2021 — and the next few quarters will decide whether that transformation shows up in the profit line. Easy Trip Planners Ltd trades around ₹5.78, with a market capitalisation of approximately ₹2,300 crore. That is close to its 52-week low of ₹5.74. At first glance, that looks like a stock the market has simply given up on. Look closer, and a more interesting picture emerges. The balance sheet is clean. Revenue is still growing. And one part of the business — hotels and holiday packa...

FCS Software Ltd: Buy

CMP: Rs.3.05

FCS Software Solutions Limited offers software development, marketing, and support services to corporate business entities in India and the United States. Photo: FCS Software.

FCS Software Solutions reported the following consolidated quarterly numbers for the third quarter of 2022:

In September 2022, net sales were Rs.9.13 crore, a 12.55% increase from Rs.8.11 crore in September 2021.

Quarterly net profit increased by 2807.18% to Rs. 0.53 crore in September 2022, compared to Rs.0.02 crore in September 2021.

In September 2022, EBITDA stands at Rs.2.01 crore, up 47.79% from Rs.1.36 crore in September 2021.

FCS Software Solutions had ₹218.1 million of debt at March 2022, down from ₹246.1 million a year prior. On the flip side, it has ₹43.8 million in cash leading to net debt of about ₹174.3 million or Rs.17.43 Cr only.

Buy the shares of this microcap software company near the CMP for targets of Rs.4.8/Rs.6.5/7/9.6. SL: Rs.2.60.

Comments

Popular posts from this blog