Abate As Industries Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 17, 2024, 8:59 pm

Market Cap	8.76 Cr.
Current Price	17.5
High / Low	30.1/14.8
Stock P/E
Book Value	1.91
Dividend Yield	0.00 %
ROCE	192 %
ROE	%
Face Value	10.0
PEG Ratio	0.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Mufin Green Finance Ltd	1,762 Cr.	108	274/90.4	91.1	16.0	0.00 %	10.6 %	8.27 %	1.00
Mukesh Babu Financial Services Ltd	105 Cr.	151	181/111	19.1	490	0.80 %	3.62 %	2.40 %	10.0
Nalin Lease Finance Ltd	44.0 Cr.	67.0	99.9/37.0	11.0	51.1	0.00 %	17.4 %	13.1 %	10.0
India Cements Capital Ltd	38.0 Cr.	17.5	26.4/13.5	42.7	8.43	0.00 %	3.50 %	8.87 %	10.0
Indergiri Finance Ltd	15.7 Cr.	31.0	71.3/26.8		8.26	0.00 %	7.67 %	14.0 %	10.0
Industry Average	18,820.20 Cr	650.87		38.13	563.11	0.17%	19.97%	10.57%	8.67

All Competitor Stocks of

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Expenses	0.03	0.02	0.04	0.48	0.08	0.07	0.06	0.17	0.05	0.05	0.02	0.16	0.04
Operating Profit	-0.03	-0.02	-0.04	-0.48	-0.08	-0.07	-0.06	-0.17	-0.05	-0.05	-0.02	-0.16	-0.04
OPM %
Other Income	0.03	0.02	0.05	0.05	0.00	0.00	0.00	0.02	0.00	0.00	0.00	0.00	0.00
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	0.00	0.00	0.01	-0.43	-0.08	-0.07	-0.06	-0.15	-0.05	-0.05	-0.02	-0.16	-0.04
Tax %			0.00%	-20.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Profit	0.00	0.00	0.01	-0.34	-0.08	-0.07	-0.06	-0.15	-0.05	-0.05	-0.02	-0.16	-0.04
EPS in Rs	0.00	0.00	0.02	-0.68	-0.16	-0.14	-0.12	-0.30	-0.10	-0.10	-0.04	-0.32	-0.08

Last Updated: October 7, 2024, 8:48 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	5.73	0.08	0.09	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	-0.02	-0.01	0.00
Expenses	5.71	0.07	0.08	0.07	0.09	0.07	0.10	0.12	0.13	0.57	0.33	0.90	0.27
Operating Profit	0.02	0.01	0.01	-0.07	-0.09	-0.07	-0.10	-0.12	-0.13	-0.58	-0.35	-0.91	-0.27
OPM %	0.35%	12.50%	11.11%
Other Income	0.00	0.00	0.00	-4.77	0.08	0.05	0.11	0.15	0.14	0.17	0.00	0.00	0.00
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00
Depreciation	0.01	0.01	0.01	0.01	0.01	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.00
Profit before tax	0.01	0.00	0.00	-4.85	-0.02	-0.02	0.00	0.02	0.01	-0.42	-0.35	-0.91	-0.27
Tax %	0.00%			0.00%	0.00%	0.00%		-50.00%	0.00%	-19.05%	0.00%	0.00%
Net Profit	0.00	0.00	0.00	-4.84	-0.01	-0.02	0.00	0.02	0.01	-0.34	-0.35	-0.91	-0.27
EPS in Rs	0.00	0.00	0.00	-9.65	-0.02	-0.04	0.00	0.04	0.02	-0.68	-0.70	-1.81	-0.54
Dividend Payout %				0.00%	0.00%	0.00%		0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2016-2017	2017-2018	2018-2019	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	99.79%	-100.00%	100.00%	-50.00%	-3500.00%	-2.94%	-160.00%
Change in YoY Net Profit Growth (%)	0.00%	-199.79%	200.00%	-150.00%	-3450.00%	3497.06%	-157.06%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2016-2017 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-50%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	24%

Stock Price CAGR
10 Years:	30%
5 Years:	45%
3 Years:	20%
1 Year:	-22%

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

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 2:24 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	5.02	5.02	5.02	5.02	5.02	5.02	5.02	5.02	5.02	5.02	5.02	5.02	5.02
Reserves	0.27	0.28	0.27	-4.57	-4.32	-4.35	-4.36	-4.38	-4.35	-4.65	-5.01	-5.92	-5.98
Borrowings	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.12	0.21	0.62	1.22	1.22
Other Liabilities	10.66	10.62	10.57	0.05	0.08	0.07	0.08	0.02	0.02	0.04	0.00	0.01	0.01
Total Liabilities	15.95	15.92	15.86	0.50	0.79	0.74	0.74	0.66	0.81	0.62	0.63	0.33	0.27
Fixed Assets	0.93	0.93	0.92	0.02	0.02	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.00
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.21	0.21	0.21	0.08	0.08	0.08	0.06	0.02	0.04	0.00	0.00	0.00	0.00
Other Assets	14.81	14.78	14.73	0.40	0.69	0.66	0.67	0.63	0.77	0.62	0.63	0.33	0.27
Total Assets	15.95	15.92	15.86	0.50	0.79	0.74	0.74	0.66	0.81	0.62	0.63	0.33	0.27

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	0.29	-0.30	0.05	-1.01	-0.05	-0.01	0.01	-0.14	-0.14	-0.08	-0.41	-0.66
Cash from Investing Activity +	-0.89	0.00	0.00	1.03	0.00	0.00	-0.02	0.00	0.00	0.05	0.00	0.00
Cash from Financing Activity +	0.00	0.00	0.00	0.03	0.00	-0.03	0.00	0.15	0.12	0.10	0.40	0.60
Net Cash Flow	-0.60	-0.30	0.04	0.04	-0.05	-0.04	-0.01	0.01	-0.02	0.07	-0.01	-0.06

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	0.02	0.01	0.01	-0.07	-0.10	-0.07	-0.10	-0.12	-0.25	-0.79	-0.97	-2.13

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 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	878.42	63,875.00	56,291.11							-7,300.00	-1,460.00	0.00
Inventory Days	0.00									0.00	0.00	0.00
Days Payable
Cash Conversion Cycle	878.42	63,875.00	56,291.11							-7,300.00	-1,460.00	0.00
Working Capital Days	231.23	17,976.25	15,816.67							11,680.00	6,935.00	5,110.00
ROCE %	0.19%	0.00%	0.00%	-2.79%	-3.45%	-2.90%	0.00%	3.08%	1.40%	-59.85%	-57.85%	-191.58%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	31.87%	31.87%	31.87%	31.87%	31.87%	31.87%	31.87%	31.87%	31.87%	31.87%	31.87%	31.87%
Public	68.13%	68.13%	68.13%	68.13%	68.13%	68.13%	68.13%	68.12%	68.12%	68.14%	68.13%	68.13%
No. of Shareholders	1,238	1,224	1,170	1,145	1,131	1,115	1,109	1,091	1,069	1,050	1,028	1,010

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.)	-1.82	-0.71	-0.67	0.02	0.05
Diluted EPS (Rs.)	-1.82	-0.71	-0.67	0.02	0.05
Cash EPS (Rs.)	-1.81	-0.70	-0.67	0.02	0.06
Book Value[Excl.RevalReserv]/Share (Rs.)	-1.80	0.01	0.72	1.32	1.27
Book Value[Incl.RevalReserv]/Share (Rs.)	-1.80	0.01	0.72	1.32	1.27
PBDIT / Share (Rs.)	-1.81	-0.70	-0.83	0.02	0.05
PBIT / Share (Rs.)	-1.82	-0.70	-0.83	0.02	0.03
PBT / Share (Rs.)	-1.82	-0.70	-0.83	0.02	0.03
Net Profit / Share (Rs.)	-1.82	-0.70	-0.67	0.01	0.04
Return on Networth / Equity (%)	0.00	-3887.16	-92.64	1.26	3.65
Return on Capital Employeed (%)	101.00	-3886.95	-115.69	1.64	2.82
Return On Assets (%)	-277.02	-55.63	-54.19	1.03	3.57
Total Debt / Equity (X)	-1.35	67.62	0.59	0.17	0.00
Current Ratio (X)	0.18	0.85	2.04	5.00	30.35
Quick Ratio (X)	0.18	0.85	2.04	5.00	30.35
Interest Coverage Ratio (X)	0.00	-18614.16	-551.93	0.00	0.00
Interest Coverage Ratio (Post Tax) (X)	0.00	-18626.68	-440.95	0.00	0.00
Enterprise Value (Cr.)	14.20	8.91	5.95	1.54	1.17
EV / EBITDA (X)	-15.60	-25.18	-14.18	107.80	46.58
Price / BV (X)	-14.48	933.33	16.24	2.27	2.00
EarningsYield	-0.06	-0.04	-0.05	0.01	0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 4.38

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 December 21, 2024, is Overvalued by 74.97% compared to the current share price 17.50

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

Intrinsic Value of as of December 21, 2024 is: 4.01

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 December 21, 2024, is Overvalued by 77.09% compared to the current share price 17.50

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: -8.51%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock is trading at a low valuation with an average P/B ratio of -0.66 and average Dividend Yield of 13.41%. The stock has a low average Working Capital Days of 23.77, which is a positive sign.	The stock has a low average ROCE of -26.15%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 82.45, which may not be favorable. The company has higher borrowings (0.26) compared to reserves (-3.62), which may suggest financial risk. The company has not shown consistent growth in sales (0.45) and profit (-0.52).

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 :
1. Net Profit Margin: 0%
  - 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: 101% (Industry Average ROCE: 19.97%)
  - 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: 10.57%)
  - 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
  - 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: 0.18
  - 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: 38.13)
  - 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: -1.35
  - 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

Abate As Industries Ltd. is a Public Limited Listed company incorporated on 26/06/1991 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65990MH1991PLC062238 and registration number is 062238. Currently company belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 5.02 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Non-Banking Financial Company (NBFC)	SF No. 348/1, Ettimadai Village, Coimbatore Tamil Nadu 641105	abateasindustries@gmail.com https://www.abateas.com

Management
Name	Position Held
Dr. Adv Arikuzhiyan Samsudeen	Chairman & Non-Exe.Director
Dr. Muhemmed Swadique	Whole Time Director
Mr. Muhammed Kutty Arikuzhiyil	Non Executive Director
Mr. Abdul Nazar Jamal Kizhisseri Muhammed	Non Executive Director
Dr. Rajesh Puthussery	Non Executive Director
Dr. Musallyarakatharakkal Safarulla	Non Executive Director
Ms. Julie G Varghese	Ind. Non-Executive Director
Mrs. Indu Ravindran	Ind. Non-Executive Director
Mrs. Manjusha Ramakrishnan Puthenpurakkal	Ind. Non-Executive Director
Mr. Eramangalath Gopalakrishna Panicker Mohankumar	Non Executive Director
Mr. Mohammed Kabeer Moolian	Addnl.Non Exe.Independent Director
Mr. Pattassery Alavi Haji	Addnl.Non Exe.Independent Director
Mr. Ali Thonikkadavath	Addnl.Non Executive Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹4.38, which is 74.97% lower than the current market price of ₹17.50. The stock has a market capitalization of 8.76 Cr. and recorded a high/low of 30.1/14.8 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹-5.98 Cr and total liabilities of ₹0.27 Cr.

What is the Market Cap of ?

The Market Cap of is 8.76 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 17.5.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 30.1/14.8.

What is the Stock P/E of ?

The Stock P/E of is .

What is the Book Value of ?

The Book Value of is 1.91.

What is the Dividend Yield of ?

The Dividend Yield of is 0.00 %.

What is the ROCE of ?

The ROCE of is 192 %.

What is the ROE of ?

The ROE of is %.

What is the Face Value of ?

The Face Value of is 10.0.