Share Price and Basic Stock Data

Last Updated: November 14, 2024, 6:22 pm

Market Cap	34.0 Cr.
Current Price	23.6
High / Low	36.0/20.0
Stock P/E	15.6
Book Value	24.8
Dividend Yield	0.00 %
ROCE	9.62 %
ROE	5.93 %
Face Value	10.0
PEG Ratio	-0.81

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Adeshwar Meditex Ltd

Competitors of Adeshwar Meditex Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Constronics Infra Ltd	167 Cr.	133	158/14.0	90.1	22.9	0.00 %	20.8 %	118 %	10.0
Centenial Surgical Suture Ltd	45.6 Cr.	125	157/84.0	49.1	89.5	0.00 %	8.07 %	3.57 %	10.0
Adeshwar Meditex Ltd	34.0 Cr.	23.6	36.0/20.0	15.6	24.8	0.00 %	9.62 %	5.93 %	10.0
Poly Medicure Ltd	26,279 Cr.	2,589	3,358/1,361	89.1	256	0.12 %	23.6 %	19.1 %	5.00
Mohini Health & Hygiene Ltd	91.2 Cr.	50.0	80.0/46.0	8.75	57.2	1.00 %	14.5 %	11.1 %	10.0
Industry Average	13,223.00 Cr	584.12		50.53	90.08	0.22%	15.32%	31.54%	9.00

All Competitor Stocks of Adeshwar Meditex Ltd

Quarterly Result

Month	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024
Sales	36.53	29.45	30.21	34.54	46.06	36.30	46.26	33.59
Expenses	34.90	26.47	28.12	33.25	43.33	33.84	44.05	30.61
Operating Profit	1.63	2.98	2.09	1.29	2.73	2.46	2.21	2.98
OPM %	4.46%	10.12%	6.92%	3.73%	5.93%	6.78%	4.78%	8.87%
Other Income	0.09	0.17	0.02	0.21	0.08	0.22	0.08	0.05
Interest	1.08	1.11	1.02	1.01	1.04	1.01	1.03	0.90
Depreciation	0.17	0.17	0.17	0.22	0.26	0.27	0.29	0.31
Profit before tax	0.47	1.87	0.92	0.27	1.51	1.40	0.97	1.82
Tax %	29.79%	27.27%	26.09%	59.26%	27.81%	29.29%	25.77%	29.12%
Net Profit	0.33	1.36	0.68	0.11	1.09	0.99	0.73	1.28
EPS in Rs	0.63	1.29	0.47	0.08	0.76	0.69	0.51	0.89

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 3:09 pm

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	58.60	52.92	56.12	65.97	64.76	82.36	79.85
Expenses	52.96	47.44	50.64	61.22	61.39	77.14	74.66
Operating Profit	5.64	5.48	5.48	4.75	3.37	5.22	5.19
OPM %	9.62%	10.36%	9.76%	7.20%	5.20%	6.34%	6.50%
Other Income	0.10	0.25	0.28	0.13	0.23	0.31	0.13
Interest	1.78	2.23	2.52	2.19	2.03	2.09	1.93
Depreciation	0.36	0.35	0.34	0.35	0.38	0.53	0.60
Profit before tax	3.60	3.15	2.90	2.34	1.19	2.91	2.79
Tax %	29.72%	28.25%	27.24%	28.63%	33.61%	28.52%	27.96%
Net Profit	2.54	2.26	2.12	1.68	0.79	2.07	2.01
EPS in Rs	5.10	4.54	4.03	1.60	0.55	1.43	1.39
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-11.02%	-6.19%	-20.75%	-52.98%	162.03%	-2.90%
Change in YoY Net Profit Growth (%)	0.00%	4.83%	-14.56%	-32.22%	215.00%	-164.92%

Adeshwar Meditex Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2018-2019 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	9%
3 Years:	7%
TTM:	-10%

Compounded Profit Growth
10 Years:	%
5 Years:	-2%
3 Years:	4%
TTM:	27%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	-10%
1 Year:	-6%

Return on Equity
10 Years:	%
5 Years:	7%
3 Years:	5%
Last Year:	6%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:58 pm

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	4.98	4.98	5.27	10.53	14.43	14.43	14.43	14.43
Reserves	8.55	10.81	13.64	10.05	16.52	18.48	20.48	21.38
Borrowings	11.58	19.92	21.32	22.45	18.99	16.43	13.89	12.08
Other Liabilities	7.33	5.79	14.57	19.27	22.63	17.67	15.23	16.68
Total Liabilities	32.44	41.50	54.80	62.30	72.57	67.01	64.03	64.57
Fixed Assets	2.36	2.44	2.28	2.24	3.03	3.70	3.53	3.20
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.02	0.04	0.08	0.08	0.10	0.10	0.10	0.00
Other Assets	30.06	39.02	52.44	59.98	69.44	63.21	60.40	61.37
Total Assets	32.44	41.50	54.80	62.30	72.57	67.01	64.03	64.57

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-0.99	3.15	-2.44	5.77	3.84
Cash from Investing Activity +	1.58	-0.71	-1.16	-1.16	-0.22
Cash from Financing Activity +	-0.07	-3.11	4.44	-4.63	-4.36
Net Cash Flow	0.53	-0.66	0.85	-0.02	-0.75

Free Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-5.94	-14.44	-15.84	-17.70	-15.62	-11.21	-8.70

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	108.69	134.63	181.26	150.82	183.06	123.78	115.51
Inventory Days	64.44	112.51	119.36	174.35	168.24	127.72	138.71
Days Payable	43.11	38.76	104.70	119.86	138.51	88.18	75.97
Cash Conversion Cycle	130.02	208.39	195.93	205.31	212.79	163.33	178.25
Working Capital Days	129.43	211.19	222.82	194.70	221.28	179.13	187.69
ROCE %		17.69%	14.27%	11.22%	6.93%	10.07%	9.62%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Jun 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024
Promoters	58.45%	42.65%	42.65%	42.65%	42.65%	42.65%	42.65%
Public	41.55%	57.35%	57.35%	57.35%	57.36%	57.33%	57.35%
No. of Shareholders	10	219	188	171	164	181	179

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	1.39	1.44	0.55	1.59	3.83
Diluted EPS (Rs.)	1.39	1.44	0.59	1.59	3.83
Cash EPS (Rs.)	1.81	1.80	0.81	1.92	4.48
Book Value[Excl.RevalReserv]/Share (Rs.)	24.19	22.81	21.45	19.54	35.73
Book Value[Incl.RevalReserv]/Share (Rs.)	24.19	22.81	21.45	19.54	35.73
Revenue From Operations / Share (Rs.)	55.33	57.07	44.87	62.64	106.57
PBDIT / Share (Rs.)	3.68	3.80	2.49	4.76	10.77
PBIT / Share (Rs.)	3.26	3.43	2.23	4.43	10.12
PBT / Share (Rs.)	1.93	2.01	0.82	2.36	5.33
Net Profit / Share (Rs.)	1.39	1.44	0.54	1.59	3.83
PBDIT Margin (%)	6.64	6.66	5.55	7.60	10.10
PBIT Margin (%)	5.89	6.01	4.96	7.08	9.49
PBT Margin (%)	3.48	3.52	1.83	3.76	5.00
Net Profit Margin (%)	2.51	2.51	1.22	2.54	3.59
Return on Networth / Equity (%)	5.75	6.30	2.56	8.14	10.70
Return on Capital Employeed (%)	12.96	13.89	9.06	17.68	20.82
Return On Assets (%)	3.13	3.09	1.09	2.69	3.67
Long Term Debt / Equity (X)	0.03	0.07	0.13	0.25	0.32
Total Debt / Equity (X)	0.39	0.44	0.55	0.98	1.13
Asset Turnover Ratio (%)	1.22	1.18	0.96	1.13	1.17
Current Ratio (X)	2.06	1.90	1.76	1.59	1.71
Quick Ratio (X)	1.10	1.12	1.07	0.86	1.21
Inventory Turnover Ratio (X)	2.86	2.81	2.21	3.22	3.23
Interest Coverage Ratio (X)	2.76	2.68	1.78	2.29	2.25
Interest Coverage Ratio (Post Tax) (X)	2.04	2.01	1.39	1.83	1.80
Enterprise Value (Cr.)	60.21	36.79	54.94	0.00	0.00
EV / Net Operating Revenue (X)	0.75	0.44	0.84	0.00	0.00
EV / EBITDA (X)	11.34	6.71	15.26	0.00	0.00
MarketCap / Net Operating Revenue (X)	0.59	0.29	0.61	0.00	0.00
Price / BV (X)	1.36	0.73	1.28	0.00	0.00
Price / Net Operating Revenue (X)	0.59	0.29	0.61	0.00	0.00
EarningsYield	0.04	0.08	0.02	0.00	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Adeshwar Meditex Ltd as of November 21, 2024 is: 23.40

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 21, 2024, Adeshwar Meditex Ltd is Overvalued by 0.85% compared to the current share price 23.60

Intrinsic Value of Adeshwar Meditex Ltd as of November 21, 2024 is: 18.91

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 21, 2024, Adeshwar Meditex Ltd is Overvalued by 19.87% compared to the current share price 23.60

Last 5 Year EPS CAGR: -19.18%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (65.80 cr) and profit (2.70 cr) over the years.	The stock has a low average ROCE of 9.97%, which may not be favorable. The stock has a high average Working Capital Days of 192.32, which may not be favorable. The stock has a high average Cash Conversion Cycle of 184.86, which may not be favorable. The company has higher borrowings (17.08) compared to reserves (14.99), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Adeshwar Meditex Ltd:
1. Net Profit Margin: 2.51%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 12.96% (Industry Average ROCE: 15.32%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 5.75% (Industry Average ROE: 31.54%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.04
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.1
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 15.6 (Industry average Stock P/E: 50.53)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.39
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Adeshwar Meditex Ltd. is a Public Limited Listed company incorporated on 02/04/2007 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L52390MH2007PLC169544 and registration number is 169544. Currently company belongs to the Industry of Medical Equipment & Accessories. Company’s Total Operating Revenue is Rs. 64.76 Cr. and Equity Capital is Rs. 14.43 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Medical Equipment & Accessories	68, 6th Floor, Plot 209, Atlanta Building, Mumbai Maharashtra 400021	adeshwarmedi@gmail.com http://www.adeshwarmeditex.com

Management
Name	Position Held
Ms. Ashalata Baburao Raut	Whole Time Director
Mr. Krishnojirao Nagaraja Rao	Whole Time Director
Ms. Sucheta Sidharth Talati	Non Executive Director
Mr. Shailesh Vinayak Rajpure	Director
Mr. Benegal Parameshwara Udpa	Ind. Non-Executive Director
Mr. Arun Koli	Ind. Non-Executive Director

FAQ

What is the latest intrinsic value of Adeshwar Meditex Ltd?

The latest intrinsic value of Adeshwar Meditex Ltd as on 16 November 2024 is ₹23.40, which is 0.85% lower than the current market price of ₹23.60.

What is the Market Cap of Adeshwar Meditex Ltd?

The Market Cap of Adeshwar Meditex Ltd is 34.0 Cr..

What is the current Stock Price of Adeshwar Meditex Ltd as on 16 November 2024?

The current stock price of Adeshwar Meditex Ltd as on 16 November 2024 is ₹23.6.

What is the High / Low of Adeshwar Meditex Ltd stocks in FY 2024?

In FY 2024, the High / Low of Adeshwar Meditex Ltd stocks is 36.0/20.0.

What is the Stock P/E of Adeshwar Meditex Ltd?

The Stock P/E of Adeshwar Meditex Ltd is 15.6.

What is the Book Value of Adeshwar Meditex Ltd?

The Book Value of Adeshwar Meditex Ltd is 24.8.

What is the Dividend Yield of Adeshwar Meditex Ltd?

The Dividend Yield of Adeshwar Meditex Ltd is 0.00 %.

What is the ROCE of Adeshwar Meditex Ltd?

The ROCE of Adeshwar Meditex Ltd is 9.62 %.

What is the ROE of Adeshwar Meditex Ltd?

The ROE of Adeshwar Meditex Ltd is 5.93 %.

What is the Face Value of Adeshwar Meditex Ltd?

The Face Value of Adeshwar Meditex Ltd is 10.0.