Should You Be Holding The Sandesh Limited (NSE:SANDESH)?

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I’ve been keeping an eye on The Sandesh Limited (NSE:SANDESH) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe SANDESH has a lot to offer. Basically, it is a highly-regarded dividend payer that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on Sandesh here.

Flawless balance sheet average dividend payer

SANDESH’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that SANDESH manages its cash and cost levels well, which is a crucial insight into the health of the company. SANDESH appears to have made good use of debt, producing operating cash levels of 208x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.

NSEI:SANDESH Historical Debt, May 21st 2019
NSEI:SANDESH Historical Debt, May 21st 2019

For those seeking income streams from their portfolio, SANDESH is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 0.7%.

NSEI:SANDESH Historical Dividend Yield, May 21st 2019
NSEI:SANDESH Historical Dividend Yield, May 21st 2019

Next Steps:

For Sandesh, there are three key factors you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for SANDESH’s future growth? Take a look at our free research report of analyst consensus for SANDESH’s outlook.
  2. Historical Performance: What has SANDESH’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SANDESH? 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.