Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 17 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 530715 | NSE: ALPSINDUS

Alps Industries Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 15, 2024, 4:07 pm

Market Cap 16.4 Cr.
Current Price 4.20
High / Low4.59/1.75
Stock P/E
Book Value 220
Dividend Yield0.00 %
ROCE%
ROE%
Face Value 10.0
PEG Ratio0.00

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

View Share Price Target for Alps Industries Ltd

Competitors of Alps Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
IGC Industries Ltd 77.3 Cr. 22.324.8/10.3 0.260.00 %1.19 %16.6 % 10.0
Hindoostan Mills Ltd 36.5 Cr. 220411/195 2610.00 %4.73 %5.74 % 10.0
Gokak Textiles Ltd 117 Cr. 180276/88.4 44.50.00 %1.31 %% 10.0
Globus Power Generation Ltd 174 Cr. 17.643.0/13.8 0.480.00 %25.8 %25.8 % 10.0
Gaekwar Mills Ltd 2.63 Cr. 13.113.1/12.5 3620.00 %66.6 %% 10.0
Industry Average1,780.36 Cr249.8335.1993.280.06%12.12%34.68%8.35

All Competitor Stocks of Alps Industries Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales769384491321211000
Expenses769285641532611000
Operating Profit11-1-15-2-1-0-4-0-0-0-0-0
OPM %1%1%-1%-30%-15%-32%-23%-280%-20%-42%
Other Income102-6200011010
Interest15151515141414141415151516
Depreciation1111000000000
Profit before tax-15-15-16-37-14-14-14-18-13-14-15-14-16
Tax %0%0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit-15-15-16-37-14-14-14-18-13-14-15-14-16
EPS in Rs-3.72-3.88-4.12-9.48-3.49-3.59-3.60-4.61-3.42-3.56-3.84-3.57-4.04

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales7228216495825013633713132543021721
Expenses6887896386055473923693692733172432
Operating Profit343110-23-46-292-56-19-14-7-1-1
OPM %5%4%2%-4%-9%-8%1%-18%-7%-5%-42%-57%-120%
Other Income-51178112-0271710-3242
Interest10011522535559585861555960
Depreciation454545363435341585000
Profit before tax-116-117-2920-121-120-63-112-75-83-60-56-59
Tax %-0%0%0%0%0%0%0%1%0%0%0%0%
Net Profit-116-118-2920-121-120-63-113-75-83-60-56-59
EPS in Rs-29.61-30.06-7.525.17-29.87-30.59-16.17-28.70-19.16-21.19-15.30-14.38-15.01
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-1.72%75.42%168.97%-705.00%0.83%47.50%-79.37%33.63%-10.67%27.71%6.67%
Change in YoY Net Profit Growth (%)0.00%77.15%93.54%-873.97%705.83%46.67%-126.87%112.99%-44.29%38.38%-21.04%

Alps Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:-45%
5 Years:-65%
3 Years:-80%
TTM:-100%
Compounded Profit Growth
10 Years:4%
5 Years:6%
3 Years:10%
TTM:-2%
Stock Price CAGR
10 Years:9%
5 Years:39%
3 Years:8%
1 Year:100%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital393939393939393939393939
Reserves-543-661-691-671-300-419-482-595-670-752-812-869
Borrowings1,3231,3431,3251,085670723772730771715769828
Other Liabilities2783783672061097449525644116
Total Liabilities1,0971,0991,0406595194173782261964575
Fixed Assets548510469434365321289152109222
CWIP223370000000
Investments000011111111
Other Assets546586568222146958773864231
Total Assets1,0971,0991,0406595194173782261964575

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +1131104411654262-1236-593842
Cash from Investing Activity +-10-211724-2911-3731310200
Cash from Financing Activity +-94-94-22-436-37-56-57-62-50-44-39-42
Net Cash Flow9-5-1-1-1-21-2-0-0-0-0

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow33.0030.009.00-24.00-716.00-752.00-770.00-786.00-790.00-729.00-776.00-829.00

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days5651545230303025463880
Inventory Days2692413291017248454769000
Days Payable474248843929354574
Cash Conversion Cycle2782513346963503927413880
Working Capital Days1781672223123226-112-5-166-946
ROCE %-1%-0%-4%-8%-17%-16%-8%-25%-16%-22%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters27.06%27.06%27.06%27.06%27.06%27.06%27.06%27.06%22.21%22.21%22.21%22.21%
FIIs0.00%0.00%0.00%0.00%0.01%0.01%0.00%0.00%0.00%0.00%0.00%0.00%
Public72.93%72.93%72.93%72.94%72.93%72.93%72.93%72.93%77.79%77.80%77.80%77.80%
No. of Shareholders21,60921,32622,27423,29723,23523,21023,39124,90825,57726,97730,73133,533

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-14.38-15.30-21.20-19.20-28.77
Diluted EPS (Rs.)-14.38-15.30-21.20-19.20-28.77
Cash EPS (Rs.)-14.38-15.30-19.91-17.13-24.97
Book Value[Excl.RevalReserv]/Share (Rs.)-212.14-203.47-188.17-166.97-147.77
Book Value[Incl.RevalReserv]/Share (Rs.)-212.14-203.47-188.17-166.97-147.77
Revenue From Operations / Share (Rs.)0.484.5977.3264.9680.07
PBDIT / Share (Rs.)0.68-1.27-2.74-4.66-12.59
PBIT / Share (Rs.)0.68-1.27-4.02-6.73-16.39
PBT / Share (Rs.)-14.38-15.30-21.19-19.17-28.55
Net Profit / Share (Rs.)-14.38-15.30-21.20-19.20-28.77
NP After MI And SOA / Share (Rs.)-14.38-15.30-21.20-19.16-28.70
PBDIT Margin (%)140.00-27.67-3.54-7.17-15.71
PBIT Margin (%)140.00-27.67-5.20-10.35-20.46
PBT Margin (%)-2945.88-333.53-27.40-29.50-35.65
Net Profit Margin (%)-2945.88-333.53-27.41-29.55-35.92
NP After MI And SOA Margin (%)-2945.76-333.51-27.41-29.48-35.83
Return on Capital Employeed (%)-0.751.565.7813.1540.86
Return On Assets (%)-1169.86-858.47-182.25-38.20-49.62
Long Term Debt / Equity (X)-0.57-0.33-0.36-0.41-0.47
Total Debt / Equity (X)-0.99-0.73-0.73-0.93-1.05
Asset Turnover Ratio (%)0.320.682.501.201.03
Current Ratio (X)0.000.010.120.180.15
Quick Ratio (X)0.000.010.120.100.08
Inventory Turnover Ratio (X)0.000.0013.245.457.19
Interest Coverage Ratio (X)0.04-0.09-0.17-0.31-0.85
Interest Coverage Ratio (Post Tax) (X)0.04-0.09-0.26-0.45-1.13
Enterprise Value (Cr.)835.52773.75726.92776.45729.01
EV / Net Operating Revenue (X)437.6143.132.403.062.33
EV / EBITDA (X)312.57-155.86-67.86-42.57-14.81
MarketCap / Net Operating Revenue (X)3.970.270.040.020.01
Price / BV (X)-0.01-0.01-0.01-0.01-0.01
Price / Net Operating Revenue (X)3.980.270.040.020.01
EarningsYield-7.41-12.33-6.27-10.82-38.78

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Alps Industries Ltd as of November 17, 2024 is: 504.90

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 17, 2024, Alps Industries Ltd is Undervalued by 11,921.43% compared to the current share price 4.20

Default values used*: Default value of 15 for Stock P/E is used, Default value of 15% for ROE is used

Intrinsic Value of Alps Industries Ltd as of November 17, 2024 is: 700.76

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 17, 2024, Alps Industries Ltd is Undervalued by 16,584.76% compared to the current share price 4.20

Default values used*: Default value of 15 for Stock P/E is used, Default value of 15% for ROE is used

Last 5 Year EPS CAGR: 38.79%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of -5.55 and average Dividend Yield of 15.26%.
  2. The stock has a low average Working Capital Days of -51.33, which is a positive sign.
  1. The stock has a low average ROCE of -9.75%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 99.83, which may not be favorable.
  3. The company has higher borrowings (921.17) compared to reserves (-622.08), which may suggest financial risk.
  4. The company has not shown consistent growth in sales (376.77) and profit (-76.23).

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 Alps Industries Ltd:
    1. Net Profit Margin: -2945.88%
      • 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: -0.75% (Industry Average ROCE: 12.12%)
      • 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%: 0% (Industry Average ROE: 34.68%)
      • 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): 0.04
      • 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: 0
      • 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: 0 (Industry average Stock P/E: 35.19)
      • 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: -0.99
      • 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

Alps Industries Ltd. is a Public Limited Listed company incorporated on 11/05/1972 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is L51109UP1972PLC003544 and registration number is 003544. Currently Company is involved in the business activities of Manufacture of textiles. Company’s Total Operating Revenue is Rs. 302.43 Cr. and Equity Capital is Rs. 39.11 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - GeneralPlot No. 15-B, G.T. Road, Chaudhary Morh, Ghaziabad Uttar Pradesh 201001info@alpsindustries.com
http://www.alpsindustries.com
Management
NamePosition Held
Mr. Sandeep AgarwalPromoter Managing Director
Mr. Pramod Kumar RajputExecutive Director
Mr. Arun Kumar BhatterIndependent Director
Mr. Vikas LambaIndependent Director
Mr. Arun Kumar PalIndependent Director
Mrs. Shikha RathiIndependent Director

FAQ

What is the latest intrinsic value of Alps Industries Ltd?

The latest intrinsic value of Alps Industries Ltd as on 17 November 2024 is ₹504.90, which is 11921.43% higher than the current market price of ₹4.20.

What is the Market Cap of Alps Industries Ltd?

The Market Cap of Alps Industries Ltd is 16.4 Cr..

What is the current Stock Price of Alps Industries Ltd as on 17 November 2024?

The current stock price of Alps Industries Ltd as on 17 November 2024 is ₹4.20.

What is the High / Low of Alps Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Alps Industries Ltd stocks is 4.59/1.75.

What is the Stock P/E of Alps Industries Ltd?

The Stock P/E of Alps Industries Ltd is .

What is the Book Value of Alps Industries Ltd?

The Book Value of Alps Industries Ltd is 220.

What is the Dividend Yield of Alps Industries Ltd?

The Dividend Yield of Alps Industries Ltd is 0.00 %.

What is the ROCE of Alps Industries Ltd?

The ROCE of Alps Industries Ltd is %.

What is the ROE of Alps Industries Ltd?

The ROE of Alps Industries Ltd is %.

What is the Face Value of Alps Industries Ltd?

The Face Value of Alps Industries Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Alps Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE