Shares of Aditya Vision Limited currently trades at Rs 1,460, which is around 0.8 percent down from the closing price of Rs 1,471. In the last 5 trading sessions, the company has been able to gain around 1.6 percent for its stakeholders.
Keeping a purview of roughly 3 years, from mid of March 2020 till date, the stock has generated multibagger returns of about 8,347 percent returns for its stakeholders. It means that if someone would have invested Rs 1,00,000 in the stock, it would have converted to a whopping Rs 84,47,000 within the above-mentioned period.
Aditya Vision Limited is engaged in the retail business of consumer electronics. The company offers products ranging from entertainment solutions, small appliances, kitchen appliances, and personal care products. The company operates in only one segment that’s the retail trading of electronic items.
Having a quick walkthrough of the financials, the company has been successful in increasing its revenues as well as net profits. Revenues took a shift from Rs 260 crores in Q2 to Rs 318 crores in Q3. Moreover, the net profits, keeping the timeframe the same, increased from Rs 11 crores to 20 crores.
The basic profitability metrics such as the return on equity (ROE) improved from 46.2 percent during FY20-21 to 55.11 percent in FY21-22. On a contrasting note, the return on capital employed (ROCE) figures, during the same period, have moved down from 42.98 percent to 41.88 percent.
The debt-to-equity ratio of the company, though above the desired levels, reduced from 1.71 in FY20-21 to 1.46 in FY21-22.
Sensing further growth in the stock, ace investor Mr. Ashish Kacholia bought 1,33,053 shares which is equivalent to a 1.11 percent stake in the company in march quarter. Holding value of the investment stands at around Rs 19.5 crores.
As per the latest data available pertaining to the shareholding pattern, promoters of the company hold a 67.59 percent stake. FIIs have shown interest in the company and hold a 0.54 percent stake in the company.
Written by Amit Madnani
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