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Last Updated on: 20 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 539391 | NSE: ACME

Fundamental Analysis of Acme Resources Ltd

Basic Stock Data

Last Updated: April 19, 2024, 11:32 am

Market Cap 97.5 Cr.
Current Price 37.9
High / Low76.5/14.9
Stock P/E7.74
Book Value 49.4
Dividend Yield0.00 %
ROCE13.2 %
ROE10.4 %
Face Value 10.0

Data Source: screener.in

Competitors of Acme Resources Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
The Investment Trust of India Ltd (THEINVEST) 764 Cr. 146172/71.527.0 1240.00 %4.54 %1.86 % 10.0
Motilal Oswal Financial Services Ltd 30,197 Cr. 2,0272,122/58316.0 5030.69 %12.9 %15.6 % 1.00
Anupam Finserv Ltd 24.2 Cr. 2.093.20/1.3326.3 1.300.00 %9.07 %6.74 % 1.00
Challani Capital Ltd 25.1 Cr. 16.728.6/9.5724.4 3.780.00 %13.0 %15.0 % 10.0
Pioneer Investcorp Ltd 62.0 Cr. 50.455.5/27.962.0 1140.00 %4.93 %1.49 % 10.0
Industry Average6,214.46 Cr448.4431.14149.220.14%8.89%8.14%6.40

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales2.380.170.770.692.983.662.081.464.4720.612.163.193.93
Expenses0.9622.421.19-1.742.961.001.030.013.038.200.152.951.37
Operating Profit1.42-22.25-0.422.430.022.661.051.451.4412.412.010.242.56
OPM %59.66%-13,088.24%-54.55%352.17%0.67%72.68%50.48%99.32%32.21%60.21%93.06%7.52%65.14%
Other Income0.020.000.04-0.030.000.080.390.010.000.000.000.010.00
Interest0.200.130.080.050.070.180.050.060.020.100.040.100.07
Depreciation0.000.010.000.000.010.010.000.000.000.000.000.000.00
Profit before tax1.24-22.39-0.462.35-0.062.551.391.401.4212.311.970.152.49
Tax %-33.06%24.56%-163.04%-4.68%-683.33%25.10%25.18%41.43%21.13%23.15%25.38%26.67%36.14%
Net Profit1.64-16.89-1.222.45-0.481.901.030.821.129.451.460.111.58
EPS in Rs0.64-6.56-0.470.95-0.190.740.400.320.443.670.570.040.61

Last Updated: April 10, 2024, 5:38 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 6, 2024, 1:34 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales39383126343620815782930
Expenses211811521141516102631213
Operating Profit1820202113215-75-1951717
OPM %46%53%64%83%39%59%24%-87%33%-287%57%58%58%
Other Income0000110310000
Interest3345969340000
Depreciation0000000000000
Profit before tax15181617615-3-83-2041717
Tax %34%32%32%34%47%15%48%-13%75%28%39%25%
Net Profit10121111313-2-91-1431213
EPS in Rs3.854.644.134.250.964.83-0.70-3.310.24-5.471.034.824.89
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)20.00%-8.33%0.00%-72.73%333.33%-115.38%-350.00%111.11%-1500.00%121.43%300.00%
Change in YoY Net Profit Growth (%)0.00%-28.33%8.33%-72.73%406.06%-448.72%-234.62%461.11%-1611.11%1621.43%178.57%

Growth

Compounded Sales Growth
10 Years:-3%
5 Years:7%
3 Years:24%
TTM:156%
Compounded Profit Growth
10 Years:0%
5 Years:54%
3 Years:211%
TTM:159%
Stock Price CAGR
10 Years:%
5 Years:25%
3 Years:26%
1 Year:118%
Return on Equity
10 Years:2%
5 Years:-2%
3 Years:0%
Last Year:10%

Last Updated: April 16, 2024, 11:44 am

Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital26262626262626262626262626
Reserves576979909310610798998587100101
Borrowings15185078616211185531112
Other Liabilities1249111613191567544
Total Liabilities110117164205196206163156136123122141143
Fixed Assets1168111110000
CWIP0000000000000
Investments111111924305531313030
Other Assets1081141571861761821321501309291111113
Total Assets110117164205196206163156136123122141143

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 18-2-12-11461149-274272-8
Cash from Investing Activity 0-0-5-1-19-4-8251-2500
Cash from Financing Activity -1611722-31-12-42-9-16-0-28
Net Cash Flow2-2-010-4-5-1-11-12100

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow3.002.00-30.00-57.00-48.00-41.00-6.00-25.000.00-24.002.006.00

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 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days101000000000
Inventory Days5304594906,5349869812,5345,5625,7587,9924,246243
Days Payable204037171125819026872
Cash Conversion Cycle3274594546,5179859802,2765,3725,7327,9834,239241
Working Capital Days6844203159104604794361,1297401,4411,321205
ROCE %17%19%15%12%8%12%3%-5%4%-16%4%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters73.43%73.43%73.43%73.43%73.43%73.43%73.43%73.43%73.43%73.43%73.43%73.43%
Public26.57%26.57%26.57%26.57%26.57%26.57%26.57%26.57%26.57%26.57%26.57%26.57%
No. of Shareholders2,2702,3542,3792,6152,9992,9943,1323,2253,1893,1443,3133,697

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)4.831.03-5.460.26-3.31
Diluted EPS (Rs.)4.831.03-5.460.26-3.31
Cash EPS (Rs.)4.831.04-5.440.33-3.21
Book Value[Excl.RevalReserv]/Share (Rs.)48.8043.9842.9448.4148.15
Book Value[Incl.RevalReserv]/Share (Rs.)48.8043.9842.9448.4148.15
Revenue From Operations / Share (Rs.)11.123.092.605.673.35
PBDIT / Share (Rs.)6.501.86-7.382.48-1.74
PBIT / Share (Rs.)6.501.85-7.402.40-1.84
PBT / Share (Rs.)6.421.70-7.601.04-2.93
Net Profit / Share (Rs.)4.831.03-5.460.25-3.31
NP After MI And SOA / Share (Rs.)4.821.03-5.460.24-3.31
PBDIT Margin (%)58.5260.18-283.6343.70-51.97
PBIT Margin (%)58.5059.82-284.5242.36-54.80
PBT Margin (%)57.7154.92-291.9718.38-87.39
Net Profit Margin (%)43.4033.41-209.944.52-98.52
NP After MI And SOA Margin (%)43.4033.39-209.964.24-98.52
Return on Networth / Equity (%)9.892.34-12.730.49-6.86
Return on Capital Employeed (%)12.924.04-16.574.84-3.29
Return On Assets (%)8.782.17-11.450.45-4.95
Long Term Debt / Equity (X)0.000.000.000.000.03
Total Debt / Equity (X)0.090.020.040.030.14
Asset Turnover Ratio (%)0.210.040.050.070.04
Current Ratio (X)10.9025.9510.2015.541.82
Quick Ratio (X)10.2521.407.7813.081.07
Interest Coverage Ratio (X)74.4712.30-38.111.82-1.78
Interest Coverage Ratio (Post Tax) (X)56.237.83-27.211.19-2.26
Enterprise Value (Cr.)46.1544.2554.7618.4536.61
EV / Net Operating Revenue (X)1.615.578.171.264.24
EV / EBITDA (X)2.769.25-2.882.89-8.16
MarketCap / Net Operating Revenue (X)1.255.257.590.943.58
Price / BV (X)0.280.360.460.110.24
Price / Net Operating Revenue (X)1.255.257.590.943.58
EarningsYield0.340.06-0.270.04-0.27

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 40.56

The stock is undervalued by 7.02% compared to the current price ₹37.9

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.

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (90.08 cr) compared to borrowings (26.85 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (24.69 cr) and profit (7.46 cr) over the years.
  1. The stock has a low average ROCE of 7.17%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 387.67, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 289.58, which may not be favorable.

Stock Analysis

  • Based on the analysis of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Acme Resources Ltd:
    1. Net Profit Margin: 43.40% (Higher values are generally favorable)
      • 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: 12.92% (Industry Average ROCE: 8.89%)
      • 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%: 9.89% (Industry Average ROE: 8.14%)
      • 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): 56.23 (Higher values, preferably > 2, are recommended)
      • 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: 10.25 (Higher values, preferably > 1, are recommended)
      • 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: 7.74 (Industry average Stock P/E: 31.14)
      • 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: 0.09 (Lower values, preferably < 1, are preferred)
      • 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.
    While these metrics suggest potential opportunity, it's essential to conduct thorough research or seek advice from financial experts before making any investment decisions.
    Stock Rating: ★★★★★

About the Company

Acme Resources Ltd. is a Public Limited Listed company incorporated on 22/01/1985 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L65993DL1985PLC314861 and registration number is 314861. Currently company belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs. 4.56 Cr. and Equity Capital is Rs. 25.74 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance & InvestmentsNo.984, 9th Floor, Aggarwal Cyber Plaza - II, New Delhi Delhi 110034acmeresources@gmail.com
http://www.acmeresources.in
Management
NamePosition Held
Ms. Swati AgrawalDirector
Mr. Kuldeep SalujaDirector
Mr. Vivek ChaturvediChairman & Managing Director
Mr. Deepak GroverDirector
Mr. Ravin SalujaDirector
Ms. Purti KatyalDirector

Acme Resources Ltd. Share Price Update

Share PriceValue
Today₹37.86
Previous Day₹37.12

FAQ

What is the latest fair value of Acme Resources Ltd?

The latest fair value of Acme Resources Ltd is 40.56.

What is the Market Cap of Acme Resources Ltd?

The Market Cap of Acme Resources Ltd is 97.5 Cr..

What is the current Stock Price of Acme Resources Ltd as on 20 April 2024?

The current stock price of Acme Resources Ltd as on 20 April 2024 is 37.9.

What is the High / Low of Acme Resources Ltd stocks in FY 2024?

In FY 2024, the High / Low of Acme Resources Ltd stocks is ₹76.5/14.9.

What is the Stock P/E of Acme Resources Ltd?

The Stock P/E of Acme Resources Ltd is 7.74.

What is the Book Value of Acme Resources Ltd?

The Book Value of Acme Resources Ltd is 49.4.

What is the Dividend Yield of Acme Resources Ltd?

The Dividend Yield of Acme Resources Ltd is 0.00 %.

What is the ROCE of Acme Resources Ltd?

The ROCE of Acme Resources Ltd is 13.2 %.

What is the ROE of Acme Resources Ltd?

The ROE of Acme Resources Ltd is 10.4 %.

What is the Face Value of Acme Resources Ltd?

The Face Value of Acme Resources 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 Acme Resources 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