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Last Updated on: 21 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 520123 | NSE: ABCINDQ

Fundamental Analysis of ABC India Ltd

Basic Stock Data

Last Updated: July 19, 2024, 10:23 pm

Market Cap 59.2 Cr.
Current Price 109
High / Low161/81.0
Stock P/E26.9
Book Value 83.4
Dividend Yield0.46 %
ROCE8.10 %
ROE5.07 %
Face Value 10.0
PEG Ratio-2.28

Data Source: screener.in

Competitors of ABC India Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Vera Synthetic Ltd 30.8 Cr. 62.562.5/46.817.1 38.30.00 %12.5 %9.40 % 10.0
BSEL Infrastructure Realty Ltd 91.5 Cr. 11.119.7/9.463.63 55.50.00 %6.36 %5.61 % 10.0
Websol Energy System Ltd 2,314 Cr. 548749/82.2 25.50.00 %16.7 %10.4 % 10.0
Vinyl Chemicals (I) Ltd 728 Cr. 397520/30937.8 63.71.70 %22.7 %16.7 % 1.00
Archana Software Ltd 68.7 Cr. 113148/6.98 0.460.00 %283 %247 % 10.0
Industry Average500.00 Cr165.0436.0675.600.23%26.29%20.69%7.88

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales42.9734.8832.6230.3336.9539.3733.9934.8137.0036.2146.1342.5839.67
Expenses41.5233.5631.2028.9035.7538.1433.0833.6735.5334.8944.6741.0638.12
Operating Profit1.451.321.421.431.201.230.911.141.471.321.461.521.55
OPM %3.37%3.78%4.35%4.71%3.25%3.12%2.68%3.27%3.97%3.65%3.16%3.57%3.91%
Other Income0.420.120.161.47-1.060.380.620.341.040.250.170.210.03
Interest0.780.530.630.520.470.430.500.570.600.540.560.530.58
Depreciation0.450.270.260.260.270.280.240.310.320.250.260.330.38
Profit before tax0.640.640.692.12-0.600.900.790.601.590.780.810.870.62
Tax %68.75%0.00%0.00%0.00%-20.00%0.00%0.00%0.00%-20.75%0.00%14.81%24.14%74.19%
Net Profit0.200.650.692.12-0.720.900.790.601.920.770.690.660.16
EPS in Rs0.371.201.273.91-1.331.661.461.113.541.421.271.220.30

Last Updated: July 11, 2024, 7:48 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: July 10, 2024, 11:35 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales178163150131129117177221167135145165
Expenses166159151131129121168212161129140159
Operating Profit124-00-0-4996556
OPM %7%2%-0%0%-0%-3%5%4%4%4%3%4%
Other Income1715147210111131
Interest12108554442222
Depreciation1096532112111
Profit before tax8-0-1-3-60543343
Tax %20%202%110%21%12%-1,680%-15%-4%15%4%-5%26%
Net Profit600-2-51642342
EPS in Rs11.450.780.24-4.37-9.731.6410.617.884.565.047.864.21
Dividend Payout %13%129%0%0%0%0%0%0%11%10%6%12%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-100.00%-150.00%120.00%500.00%-33.33%-50.00%50.00%33.33%-50.00%
Change in YoY Net Profit Growth (%)0.00%-50.00%270.00%380.00%-533.33%-16.67%100.00%-16.67%-83.33%

Growth

Compounded Sales Growth
10 Years:0%
5 Years:-1%
3 Years:-1%
TTM:13%
Compounded Profit Growth
10 Years:8%
5 Years:-15%
3 Years:-4%
TTM:-9%
Stock Price CAGR
10 Years:2%
5 Years:17%
3 Years:8%
1 Year:28%
Return on Equity
10 Years:-4%
5 Years:8%
3 Years:6%
Last Year:5%

Last Updated: July 17, 2024, 6:18 pm

Balance Sheet

Last Updated: July 10, 2024, 11:35 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital555555555555
Reserves444444411718242929323640
Borrowings746641333323171218182121
Other Liabilities261718171719344655312633
Total Liabilities1501321089773668193108878899
Fixed Assets6653362724141214138612
CWIP000000000000
Investments-1-31-015111521222426
Other Assets868272704847586474575761
Total Assets1501321089773668193108878899

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 1855-04-013143-308
Cash from Investing Activity 8192012014-3-5-543-5
Cash from Financing Activity -30-25-24-13-5-14-10-92-1-2-3
Net Cash Flow-3-10-1-00-1-0-1-01-0

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-62.00-62.00-41.00-33.00-33.00-27.00-8.00-3.00-12.00-13.00-16.00-15.00

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 Days13413212113085817860111847759
Inventory Days334454337654
Days Payable47273943443610122839015597145
Cash Conversion Cycle9010886914548-20-165-272-65-16-82
Working Capital Days1081141121316774372534687592
ROCE %2%-4%-6%-4%-3%-10%17%17%11%9%8%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters60.05%60.05%60.05%61.78%62.33%62.33%64.69%64.69%64.69%64.69%64.69%64.69%
Public39.95%39.95%39.95%38.22%37.67%37.67%35.31%35.31%35.31%35.31%35.31%35.30%
No. of Shareholders4,8565,0424,9004,8774,9634,7454,7574,7834,7554,8744,8815,623

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 14Mar 13Mar 12Mar 11
FaceValue10.0010.0010.0010.00
Basic EPS (Rs.)0.7811.759.1910.81
Diluted EPS (Rs.)0.7811.759.1910.81
Cash EPS (Rs.)17.6629.0723.9419.38
Book Value[Excl.RevalReserv]/Share (Rs.)91.5692.1682.3878.13
Book Value[Incl.RevalReserv]/Share (Rs.)91.5692.1682.3878.13
Revenue From Operations / Share (Rs.)303.04332.67477.07388.61
PBDIT / Share (Rs.)7.2622.4550.4136.54
PBIT / Share (Rs.)-9.624.8235.4528.02
PBT / Share (Rs.)-0.7614.2712.7416.64
Net Profit / Share (Rs.)0.7711.448.9810.86
NP After MI And SOA / Share (Rs.)0.7711.448.9810.86
PBDIT Margin (%)2.396.7410.569.40
PBIT Margin (%)-3.171.447.437.20
PBT Margin (%)-0.254.282.664.28
Net Profit Margin (%)0.253.431.882.79
NP After MI And SOA Margin (%)0.253.431.882.79
Return on Networth / Equity (%)0.8412.4110.9013.89
Return on Capital Employeed (%)-7.853.2723.4520.51
Return On Assets (%)0.314.112.783.55
Long Term Debt / Equity (X)0.220.380.610.64
Total Debt / Equity (X)1.071.291.861.93
Asset Turnover Ratio (%)1.161.111.520.00
Current Ratio (X)1.161.151.041.13
Quick Ratio (X)1.151.141.031.12
Dividend Payout Ratio (NP) (%)128.8513.1216.7113.82
Dividend Payout Ratio (CP) (%)5.665.166.277.74
Earning Retention Ratio (%)-28.8586.8883.2986.18
Cash Earning Retention Ratio (%)94.3494.8493.7392.26
Interest Coverage Ratio (X)0.421.092.223.21
Interest Coverage Ratio (Post Tax) (X)-0.470.091.401.95
Enterprise Value (Cr.)95.32138.56139.07138.90
EV / Net Operating Revenue (X)0.580.760.530.66
EV / EBITDA (X)24.2711.415.107.02
MarketCap / Net Operating Revenue (X)0.280.430.240.31
Retention Ratios (%)-28.8586.8783.2886.17
Price / BV (X)0.931.581.431.56
Price / Net Operating Revenue (X)0.280.430.240.31
EarningsYield0.010.070.070.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 114.27

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.

Undervalued: 4.83% compared to the current price 109

Intrinsic Value: 100.80

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 7.52% compared to the current price 109

Last 5 Year EPS CAGR: -11.78%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Cash Conversion Cycle of -12.67, which is a positive sign.
  2. The company has higher reserves (33.17 cr) compared to borrowings (31.42 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (156.50 cr) and profit (1.67 cr) over the years.
  1. The stock has a low average ROCE of 3.08%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 78.08, which may not be favorable.

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 ABC India Ltd:
    1. Net Profit Margin: 0.25%
      • 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: -7.85% (Industry Average ROCE: %)
      • 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%: 0.84% (Industry Average ROE: %)
      • 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): -0.47
      • 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: 1.15
      • 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: 26.9 (Industry average Stock P/E: )
      • 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: 1.07
      • 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

ABC India Ltd. is a Public Limited Listed company incorporated on 27/10/1972 and has its registered office in the State of Assam, India. Company’s Corporate Identification Number(CIN) is L63011WB1972PLC217415 and registration number is 217415. Currently company belongs to the Industry of Transport - Road. Company’s Total Operating Revenue is Rs. 134.77 Cr. and Equity Capital is Rs. 5.41 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Transport - RoadP-10, New C.I.T. Road, Kolkata West Bengal 700073vrmd@abcindia.com
http://www.abcindia.com
Management
NamePosition Held
Mr. Ashish AgarwalManaging Director
Mr. Vijay Kumar JainDirector
Mr. Siddarth KapoorDirector
Mrs. Rachana TodiDirector

FAQ

What is the latest fair value of ABC India Ltd?

The latest fair value of ABC India Ltd is ₹114.27.

What is the Market Cap of ABC India Ltd?

The Market Cap of ABC India Ltd is 59.2 Cr..

What is the current Stock Price of ABC India Ltd as on 21 July 2024?

The current stock price of ABC India Ltd as on 21 July 2024 is 109.

What is the High / Low of ABC India Ltd stocks in FY 2024?

In FY 2024, the High / Low of ABC India Ltd stocks is 161/81.0.

What is the Stock P/E of ABC India Ltd?

The Stock P/E of ABC India Ltd is 26.9.

What is the Book Value of ABC India Ltd?

The Book Value of ABC India Ltd is 83.4.

What is the Dividend Yield of ABC India Ltd?

The Dividend Yield of ABC India Ltd is 0.46 %.

What is the ROCE of ABC India Ltd?

The ROCE of ABC India Ltd is 8.10 %.

What is the ROE of ABC India Ltd?

The ROE of ABC India Ltd is 5.07 %.

What is the Face Value of ABC India Ltd?

The Face Value of ABC India 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 ABC India 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