This stock idea delivered 500% in 15 months; it's down 45% from ATH, sitting at healthy cash reserves. An early mover in the booming Indian online pharmacy segment.
(Report made public) - Multibagger Stock Idea for the month of Nov'20 : Sastasundar Ventures Ltd
Note: Sastasundar Ventures Ltd stock idea was published in Nov’20 @ 95rs per share (made a high of 560rs in Jan’22, i.e. 500% in just 15 months, as on today it is trading 45% down from ATH) to all our PAID subscribers of Mentoring Program where we identify 12 best-in-class micro-cap multibagger stocks in a year. Today we are making this report public for the benefit of all those clients who wish to join us. With healthy cash reserve generated after selling their e-commerce website to Flipkart in Apr’22 (now it’s renamed to Flipkart Health+), they can do wonders with backend operation in hand. To join WhatsApp to +91 9354179604 (Sanjay Gupta)
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Following write-up was shared to the clients in Nov’20….
SastaSundar Ventures Ltd is one of the early movers into the booming Indian online pharmacy segment. The company started out its operations in West Bengal and is now present in over 8 states with delivery across the country through its 3 warehouses.
They follow an online to offline model of operations thus bringing in the benefits of e-Commerce and Hyperlocal business models. The company’s mission is to provide genuine medicines and healthcare services at affordable prices in a consistent and convenient manner.
💥💥💥 Let's know more about this Undiscovered But "Very High Potential Stock Idea" which can even make you ultra rich.
👉 The company has pioneered an innovative and sustainable hybrid model by leveraging upon the pros and cons of the online and offline retail models.
👉 It has created a strong backend technological central processing unit and central warehousing unit to execute its orders and also created a last mile network of exclusive franchisees, which are Inventory-Less franchisees focused on last mile deliveries, counselling, customer relationships, cross selling and compliance.
👉 The company also launched various health products and services under its own brands by understanding the demand gaps in the consumer market.
👉 The promoter holding is 74.43% which is a very good thing. They have zero pledge shares.
👉 The company is virtually debt free which is a green flag for investment. The company is trading at 0.73 times the book value.
👉 Free home delivery and cash on delivery hence people don’t have to stay in a long queue. It has almost 91% customer retention.
👉 The sales growth has increased from 37% to 75% in the year 2019-2020 which is a good sign. The supply side economics was in place from before Covid-19 and was a great help during the on- going pandemic. (77 crore inventory was stocked up by 31st march, 2020).
👉 Experienced Management with decades of experience. And they deliver what they say. For example they had an aim to reach the milestone of 5mn orders which they achieved in the time frame of just 11 months and now heading for 10mn orders for the next year.
👉 The inventory turnover ratio is in the range of 5-7 which is good as the company sells and replaces its goods in a proper time frame.
👉 The debtor’s days have decreased from 72 days to 10-15 days range. Debtor days is a measure of how quickly a business gets paid.
🎯🎯🎯 As per their vision of 2024 mentioned in their investor presentation and with a management who delivers what they speak we definitely bet on this story with excellent narration. The business model of the company is good as compared to other peers in the segment as it has an online to offline model.
Download the detailed report which was published in Nov 2020…