June 7, 2023 - June 9, 2023

Sonalis Consumer Products IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Sonalis Consumer Products IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	0	0	1	0
%	0.00	0.00	0.00	100.00	0.00

Sonalis Consumer Products IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Sonalis Consumer Products IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company operates in a highly competitive and fragmented segment with many big players around. The sudden boost in its bottom line for 9M FY23 raises eyebrows and concern over sustainability going forward. Based on such super earnings, the issue appears lucratively priced, while based on its track records, it appears aggressively priced. Tiny equity capital post-IPO indicates longer gestation period for migration to the mainboard. There is no harm in skipping this “HIGH RISK/LOW RETURN” issue Read detail review...

Sonalis Consumer Products IPO Peer Comparison

Sonalis Consumer Products Limited peer comparison with similar listed entities. () (As on December 31, 2022)

Company Name	EPS (Rs)		NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	EPS Diluted	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Sonalis Consumer Products Limited	10.08	10.08	33.10	2.98	19.60
DFM Foods Limited	-9.68	-9.68	25.88
Nakoda Group of Industries Limited	0.64	0.64	14.75	82.20	11.40
Prataap Snacks Limited	-1.83	-1.83	262.28
Annapurna Swadisht Limited	1.75	1.75	33.98	66.10	5.16

*Financial information for Sonalis Consumer Products Limited Company is derived from the Audited Financial Statements of our Company for the period ended December 31, 2022 (Nine months). *Annapurna Swadisht Limited period ended is September 2022 (Half Yearly).

Sonalis Consumer Products IPO Review by Members

Sonalis Consumer Products IPO Reviews, analysis and views by popular members. Read Sonalis Consumer Products Limited IPO reviews by retail investors to find recommended ipo to buy.

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Sonalis Consumer Products IPO Review Summary by Members

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