Looking At Oswal Greentech Limited (NSE:BINDALAGRO) From All Angles

Oswal Greentech Limited (NSE:BINDALAGRO) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of BINDALAGRO, it is a company with great financial health as well as a a great history of performance. Below, I've touched on some key aspects you should know on a high level. For those interested in digging a bit deeper into my commentary, take a look at the report on Oswal Greentech here.

Flawless balance sheet with proven track record

BINDALAGRO delivered a bottom-line expansion of 30% in the prior year, with its most recent earnings level surpassing its average level over the last five years. Not only did BINDALAGRO outperformed its past performance, its growth also exceeded the Real Estate industry expansion, which generated a -1.0% earnings growth. This is what investors like to see! BINDALAGRO's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that BINDALAGRO has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. BINDALAGRO currently has no debt on its balance sheet. It has only utilized funding from its equity capital to run the business, which is typically normal for a small-cap company. Investors’ risk associated with debt is virtually non-existent and the company has plenty of headroom to grow debt in the future, should the need arise.

NSEI:BINDALAGRO Income Statement, September 21st 2019
NSEI:BINDALAGRO Income Statement, September 21st 2019

Next Steps:

For Oswal Greentech, I've put together three key factors you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for BINDALAGRO’s future growth? Take a look at our free research report of analyst consensus for BINDALAGRO’s outlook.

  2. Valuation: What is BINDALAGRO worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether BINDALAGRO is currently mispriced by the market.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of BINDALAGRO? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

Advertisement