Which stock pays the highest dividend in india – Cheviot Co Ltd

Our 5th company in the Series of Which stock pays the highest dividend in india 2022 is Cheviot Co Ltd.

Here is the detail of dividend of Cheviot Co Ltd.

EX-DATEDIVIDEND AMOUNTDIVIDEND TYPE
July 15, 2021175.00SPECIAL
Feb. 27, 202048.00INTERIM
July 16, 20191.00FINAL

You can see company given dividend Rs. 175.00 in July 15, 2021.

This company is good for investing purpose or not ?

Let’s start with the Company profile

Company Profile :

The company is engaged in the manufacturing and sale of jute goods like technical jute fabrics, customized jute shopping bags, covering fabrics, stuffing and other materials used in upholstering.

Now Let’s check the important fundamental figures of this company. This is a small cap company with Market Cap ₹839cr. We can check more fundamental details below in depth:

Company Fundamental Detail :

PE Ratio: 11.09

Sector PE Ratio: -458.03

PE Ratio of this company is high than Sector’s PE. So it’s a Good PE than the peers of this company.

PB Ratio : 1.23

Sector PB Ratio : 6.42

PB Ratio of this company is low than Sector’s PB ratio. So it’s  Good PB than the peers of this company.

Dividend Yield : 13.06%

Sector Dividend Yield : 0.48%

Dividend Yield of this company is high than Sector. Dividend of this is Good than the peers of this company.

ROE: 11.10%

ROCE: 13.18%

ROE (Return on equity) and ROCE (Return on capital equity) is Below Average

According to above data, this company is looking fundamentally average. Now We’ll check the company Financially data:

Company Financial Detail

YearRevenue(cr.)Profit(cr.)
2021441.3175.74
2020467.77 48.13
2019416.6750.18
2018400.1054.07

We should check now liabilities of company also in the below table

Total Current & Non Current Liabilities

2021 2020 2019 2018
57.1353.1852.8944.57

Liabilities of a company refers to the debt of that company. We should also aware the debt of company. In 2021 , Company have 57.13 Cr. debt.

Let’s check the Free Cash flow of the company

Free Cash flow

2021 2020 2019 2018
25.8325.835.2434.99

Debt Level: Cheviot Co has more cash than its total debt.

Reducing Debt: Cheviot Co’s debt to equity ratio has increased from 0.7% to 1% over the past 5 years.

Debt Coverage: Cheviot Co’s debt is well covered by operating cash flow (710.5%).

Interest Coverage: Cheviot Co earns more interest than it pays, so coverage of interest payments is not a concern.

Share Holding Pattern

Promotor HoldingForeign Institution
Mutual Fund
Other Domestic InstitutionsRetail & Others
Jun 202174.77%0.28%0.00%0.16%24.78%
Mar 202174.77%0.22%0.00%0.16%24.83%
Dec 202074.77%0.03%0.00%0.16%25.03%
Sep 202074.77%0.03%0.00%0.16%24.87%

Above table showing there is no big change in Promotors holding which is 74.77% in June 2021. FIIs invested in June 2021 with 0.28% and retail investor is 24.78%.

Now We’ll check the return of the company, This company started from Rs. 312.89 at 2 Jan 2008. This company given 89.22% returns in last 1 year from 2021 to 6 Jan 2022.

Investment Checklist for Cheviot Co Ltd.

  • The company is currently profitable
  • Large one-off items impacting financial results
  • Earnings have grown by 11.7% per year over past 5 years
  • Debt level is low and not considered a risk
  • Share price has been stable over the past 3 months
  • Profit margins improved or Cheviot Co became profitable
  • At least 3 years of financial data is available
  • Revenue is meaningful (₹5B)
  • Market cap is meaningful (₹8B)
  • Cheviot Co does not have negative shareholders equity.

According to its historical performance we can predict stock target.

Entry Buying Zone : Premium members can see only

Target: Premium members can see only

Time Horizon:Premium members can see only

Risk Profile: Premium members can see only

Hope you liked Our 5th company in the Series of Which stock pays the highest dividend in India 2022. We tried to cover many important things about this company, if you think anything left to cover, you can comment us and we’ll try to cover those things also.

Disclaimer: This is an Educational Initiative and is NOT registered under any SEBI regulations. All the information that we provide is just for Educational purposes and you should consult your financial adviser before taking any investment decision. Also we do NOT provide any form of Stock Tips or Advise on stocks or portfolios. My All Trades Only Education Purpose. All trades will be at your risk. You have the responsibility of any trade or any benefit or loss

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