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:
Thank you for recommendations
Thank U for the analysis
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