Thursday, March 11, 2021

 


SASTA SUNDAR  CREATING  A  NEW  BUSINESS STYLE

                        CMP @126 TRY TO  BUY@118-120 LEVELS.


ONLY FOR THE PATIENCE INVESTORS  WHO LOOKING  CATCHING @ YOUNG

 INVESTING STYLE HOLD FOR LONG TERM MY TGT  SHOULD BE 300-500.

ABOUT  THE  COMPANY:

SastaSundar is an online pharmacy and digital platform of healthcare supported by a network of physical counseling and service centers called ‘Healthbuddies’. The service verticals of SastaSundar are Pharmacy, Diagnostics, and Wellness.

BUSINESS MODEL.

SastaSundar operates in primarily the e-pharmacy space (84% of their revenues are from medicines; rest is from OTC/ FMCG products like green tea, sugar free snacks, hebal mouthwash, baby products etc). Their vision is to become a holistic healthcare network .

They aggregate demand by attracting consumers digitally – primarily mobile app - (by giving a 15% discount (cost) and by home delivering the medicines (convenience). The target segment is the chronic patients 

Valuation 

currently it is a loss making  company , understand  it  is started as a startup so  it  will take  time  to  be in a profitable zone, once it  become profit zone  the  valuation will be  change so  you cant  get  it  is @410 cr  market cap.I  strongly  believes the  business model  will  be attractive  and  can be spread other states and even they  can  be spread it  is as b2b business model.

                promotors having 74% holding in the  company.

market cap:413 cr.

cash reserve:176 cr

book value :65 

from last 6  years sales increased from 52 cr to 531 cr.

Technical parameters:


The stock is  in a 4  year consolidation mood  once cross 153 it  can  be 278-300  range..


* disclaimer :  myself  and  my  clients are holding shares  in this  company.




2 comments:

Unknown said...

Thank you for recommendations

Dr Jayadev said...

Thank U for the analysis