Wrote on V Mart Retail as a part of Safal Niveshak Value Investing Contest.
Report can be accessed here-
http://www.safalniveshak.com/value-investing-contest-v-mart-retail/
However, please note-
This is not a Buy & Forget Stock. There are things which can go wrong here.
An investor needs to monitor-
1) Sales/ sq foot — A declining trend here means they are struggling to grow in their existing stores / growing too fast for confort.
2) PAT margins — A declining trend here means they are giving too high discounts to attract customers may be due to increased competition or due to lack of customer interest.
3) Inventory Days — A declining trend here means they are not able to sell inventory fast enough & run the risk of obsolescence.
4) Payable Days — A declining trend here means suppliers are taking better terms from the company.
Disclosure- Invested
Report can be accessed here-
http://www.safalniveshak.com/value-investing-contest-v-mart-retail/
However, please note-
This is not a Buy & Forget Stock. There are things which can go wrong here.
An investor needs to monitor-
1) Sales/ sq foot — A declining trend here means they are struggling to grow in their existing stores / growing too fast for confort.
2) PAT margins — A declining trend here means they are giving too high discounts to attract customers may be due to increased competition or due to lack of customer interest.
3) Inventory Days — A declining trend here means they are not able to sell inventory fast enough & run the risk of obsolescence.
4) Payable Days — A declining trend here means suppliers are taking better terms from the company.
Disclosure- Invested
