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

Share Price and Basic Stock Data

Last Updated: December 24, 2024, 12:50 pm

Market Cap	44.4 Cr.
Current Price	41.1
High / Low	70.7/37.6
Stock P/E	9.59
Book Value	73.2
Dividend Yield	3.04 %
ROCE	8.38 %
ROE	6.17 %
Face Value	5.00
PEG Ratio	0.30

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Addi Industries Ltd

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Filatex Fashions Ltd	708 Cr.	0.85	4.30/0.79	77.6	2.77	0.00 %	1.07 %	0.73 %	1.00
Alan Scott Industries Ltd	81.8 Cr.	225	225/57.0		5.64	0.00 %	26.4 %	139 %	10.0
Addi Industries Ltd	44.4 Cr.	41.1	70.7/37.6	9.59	73.2	3.04 %	8.38 %	6.17 %	5.00
T T Ltd (TTL)	344 Cr.	160	185/95.8	1,911	36.8	0.00 %	7.93 %	6.77 %	10.0
Rupa & Company Ltd	2,005 Cr.	252	362/227	26.2	124	1.19 %	10.1 %	7.76 %	1.00
Industry Average	1,031.29 Cr	152.39		294.46	86.51	0.55%	8.44%	18.44%	5.50

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	0.18	2.22	0.18	0.35	0.24	0.23	0.30	0.11	0.19	0.21	0.27	0.27	0.28
Operating Profit	-0.18	-2.22	-0.18	-0.35	-0.24	-0.23	-0.30	-0.11	-0.19	-0.21	-0.27	-0.27	-0.28
OPM %
Other Income	22.41	12.66	12.98	0.77	19.61	0.59	1.05	1.10	1.24	1.38	1.39	3.41	1.36
Interest	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	0.01	-0.00	-0.00	0.01	-0.00	-0.00
Depreciation	0.04	0.03	0.03	0.03	0.03	0.02	0.02	0.07	0.03	0.03	0.04	0.03	0.03
Profit before tax	22.19	10.41	12.77	0.39	19.34	0.34	0.73	0.91	1.02	1.14	1.07	3.11	1.05
Tax %	23.70%	29.30%	8.14%	-248.72%	20.01%	20.59%	26.03%	16.48%	21.57%	25.44%	23.36%	28.94%	24.76%
Net Profit	16.92	7.36	11.74	1.36	15.48	0.27	0.53	0.76	0.80	0.85	0.82	2.21	0.79
EPS in Rs	15.67	6.82	10.87	1.26	14.34	0.25	0.49	0.70	0.74	0.79	0.76	2.05	0.73

Last Updated: November 6, 2024, 7:26 pm

Quarterly Chart

Profit & Loss - Annual Report

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

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	12.61	0.31	0.66	0.20	0.17	0.12	0.51	0.00	0.00	0.00	0.00	0.00	0.00
Expenses	14.97	2.06	1.79	1.36	1.20	0.98	1.42	1.68	0.66	2.91	0.88	0.94	1.03
Operating Profit	-2.36	-1.75	-1.13	-1.16	-1.03	-0.86	-0.91	-1.68	-0.66	-2.91	-0.88	-0.94	-1.03
OPM %	-18.72%	-564.52%	-171.21%	-580.00%	-605.88%	-716.67%	-178.43%
Other Income	0.67	4.25	1.03	2.53	2.41	0.40	0.51	1.05	0.56	48.81	22.35	7.43	7.54
Interest	0.11	0.00	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.02	0.01
Depreciation	0.81	0.69	0.52	0.48	0.43	0.27	0.15	0.21	0.20	0.13	0.14	0.14	0.13
Profit before tax	-2.61	1.81	-0.64	0.89	0.95	-0.73	-0.55	-0.84	-0.30	45.77	21.32	6.33	6.37
Tax %	-2.30%	-27.62%	-9.38%	-11.24%	22.11%	-106.85%	14.55%	-11.90%	-483.33%	18.31%	20.08%	26.38%
Net Profit	-2.55	2.31	-0.58	0.99	0.74	0.05	-0.63	-0.74	1.15	37.39	17.04	4.67	4.67
EPS in Rs	-2.36	2.14	-0.54	0.92	0.69	0.05	-0.58	-0.69	1.07	34.63	15.78	4.33	4.33
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	28.91%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2012-2013	2013-2014	2014-2015	2015-2016	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	190.59%	-125.11%	270.69%	-25.25%	-1360.00%	-17.46%	255.41%	3151.30%	-54.43%	-72.59%
Change in YoY Net Profit Growth (%)	0.00%	-315.70%	395.80%	-295.94%	-1334.75%	1342.54%	272.87%	2895.90%	-3205.73%	-18.17%

Addi Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2012-2013 to 2023-2024.

Growth

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

Compounded Profit Growth
10 Years:	26%
5 Years:	57%
3 Years:	61%
TTM:	57%

Stock Price CAGR
10 Years:	25%
5 Years:	39%
3 Years:	11%
1 Year:	-16%

Return on Equity
10 Years:	%
5 Years:	3%
3 Years:	4%
Last Year:	6%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 2:22 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	5.40	5.40	5.40	5.40	5.40	5.40	5.40	5.40	5.40	5.40	5.40	5.40	5.40
Reserves	11.56	13.87	13.29	14.18	14.92	14.35	13.76	13.09	14.24	51.64	68.68	71.98	73.58
Borrowings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.11	0.06	0.03
Other Liabilities	1.54	1.10	0.90	0.69	0.50	0.41	0.39	0.27	10.26	1.81	0.43	0.60	0.63
Total Liabilities	18.50	20.37	19.59	20.27	20.82	20.16	19.55	18.76	29.90	58.85	74.62	78.04	79.64
Fixed Assets	7.93	5.65	5.03	4.37	3.67	2.78	2.55	7.25	5.94	4.97	4.73	4.59	4.52
CWIP	0.00	0.05	0.05	0.05	0.05	0.05	0.05	0.00	0.00	1.50	0.00	0.00	0.00
Investments	1.21	2.71	3.51	3.51	3.96	2.99	2.99	2.99	2.98	3.26	3.75	3.75	3.78
Other Assets	9.36	11.96	11.00	12.34	13.14	14.34	13.96	8.52	20.98	49.12	66.14	69.70	71.34
Total Assets	18.50	20.37	19.59	20.27	20.82	20.16	19.55	18.76	29.90	58.85	74.62	78.04	79.64

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	6.47	4.66	0.09	-0.69	-3.24	-0.79	-0.88	1.57	9.33	-7.85	-4.38	-8.75
Cash from Investing Activity +	0.24	-4.19	-0.59	1.63	1.04	0.82	1.01	0.54	-11.60	7.97	4.40	10.26
Cash from Financing Activity +	-4.94	-0.06	-0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.05	-1.42
Net Cash Flow	1.77	0.41	-0.52	0.93	-2.19	0.03	0.12	2.11	-2.27	0.12	-0.04	0.10

Free Cash Flow

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-2.36	-1.75	-1.13	-1.16	-1.03	-0.86	-0.91	-1.68	-0.66	-2.91	-0.99	-1.00

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

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	4.34	188.39	88.48	127.75	150.29	0.00	0.00
Inventory Days	30.79	0.00	0.00	344.72	0.00	0.00	0.00
Days Payable	11.92			385.28
Cash Conversion Cycle	23.21	188.39	88.48	87.19	150.29	0.00	0.00
Working Capital Days	28.37	47.10	1,310.68	4,471.25	815.88	2,615.83	629.80
ROCE %	-13.12%	-0.11%	-3.16%	4.60%	5.96%		-2.67%	-4.46%	-1.78%	-1.96%	4.62%	8.38%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	74.27%	74.27%	74.27%	74.27%	74.27%	74.27%	74.27%	74.27%	74.27%	74.27%	74.27%	74.27%
DIIs	0.11%	0.11%	0.11%	0.11%	0.11%	0.11%	0.11%	0.11%	0.11%	0.11%	0.11%	0.11%
Public	25.63%	25.63%	25.63%	25.63%	25.63%	25.63%	25.64%	25.63%	25.63%	25.62%	25.63%	25.63%
No. of Shareholders	3,551	3,798	4,140	4,121	4,057	4,047	4,068	4,139	4,111	4,137	4,148	4,675

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	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	4.32	15.78	34.64	1.06	-0.68
Diluted EPS (Rs.)	4.32	15.78	34.64	1.06	-0.68
Cash EPS (Rs.)	4.45	15.91	34.74	1.25	-0.49
Book Value[Excl.RevalReserv]/Share (Rs.)	71.65	68.59	52.81	18.18	17.12
Book Value[Incl.RevalReserv]/Share (Rs.)	71.65	68.59	52.81	18.18	17.12
PBDIT / Share (Rs.)	6.01	2.94	-0.57	-0.12	-0.58
PBIT / Share (Rs.)	5.88	2.81	-0.69	-0.31	-0.77
PBT / Share (Rs.)	5.86	19.74	42.38	-0.27	-0.77
Net Profit / Share (Rs.)	4.32	15.78	34.62	1.06	-0.68
NP After MI And SOA / Share (Rs.)	4.32	15.78	34.62	1.06	-0.68
Return on Networth / Equity (%)	6.03	23.00	65.56	5.83	-3.99
Return on Capital Employeed (%)	8.16	4.08	-1.30	-1.70	-4.50
Return On Assets (%)	5.97	22.83	63.54	3.82	-3.93
Current Ratio (X)	250.77	340.87	28.07	1.01	40.13
Quick Ratio (X)	250.77	340.87	28.07	1.01	40.13
Dividend Payout Ratio (NP) (%)	28.92	0.00	0.00	0.00	0.00
Dividend Payout Ratio (CP) (%)	28.08	0.00	0.00	0.00	0.00
Earning Retention Ratio (%)	71.08	0.00	0.00	0.00	0.00
Cash Earning Retention Ratio (%)	71.92	0.00	0.00	0.00	0.00
Interest Coverage Ratio (X)	339.69	228.42	0.00	0.00	0.00
Interest Coverage Ratio (Post Tax) (X)	245.30	-89.29	0.00	0.00	0.00
Enterprise Value (Cr.)	1.22	-30.46	-13.26	-4.01	2.71
EV / EBITDA (X)	0.18	-9.59	21.52	29.34	-4.30
Retention Ratios (%)	71.07	0.00	0.00	0.00	0.00
Price / BV (X)	0.75	0.43	0.56	0.24	0.41
EarningsYield	0.07	0.53	1.17	0.23	-0.09

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Addi Industries Ltd as of December 26, 2024 is: 44.63

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 26, 2024, Addi Industries Ltd is Undervalued by 8.59% compared to the current share price 41.10

Intrinsic Value of Addi Industries Ltd as of December 26, 2024 is: 59.03

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 26, 2024, Addi Industries Ltd is Undervalued by 43.63% compared to the current share price 41.10

Last 5 Year EPS CAGR: 32.26%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (29.93 cr) compared to borrowings (0.02 cr), indicating strong financial stability. The company has shown consistent growth in sales (1.12 cr) and profit (5.98 cr) over the years.	The stock has a low average ROCE of -0.31%, which may not be favorable. The stock has a high average Working Capital Days of 127.35, which may not be favorable. The stock has a high average Cash Conversion Cycle of 44.80, 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 Addi Industries Ltd:
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: 8.16% (Industry Average ROCE: 8.44%)
  - 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%: 6.03% (Industry Average ROE: 18.44%)
  - 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): 245.3
  - 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: 250.77
  - 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: 9.59 (Industry average Stock P/E: 294.46)
  - 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
  - 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

Addi Industries Ltd. is a Public Limited Listed company incorporated on 26/12/1980 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is L51109DL1980PLC256335 and registration number is 256335. Currently Company is involved in the business activities of Preparation and spinning of cotton fiber including blended* cotton. Company’s Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 5.40 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Textiles - Hosiery/Knitwear	A-104, Third Floor, Okhla Industrial Area, New Delhi Delhi 110020	addiind@gmail.com http://www.addiindustries.com

Management
Name	Position Held
Mr. Chaman Lal Jain	Managing Director
Mrs. Kusum Chopra	Independent Director
Mr. Hari Bansal	Non Executive Director
Mr. Achal Kapoor	Independent Director
Mr. Subrata Panda	Independent Director
Ms. Apra Sharma	Addnl.Independent Director

FAQ

What is the latest intrinsic value of Addi Industries Ltd?

The latest intrinsic value of Addi Industries Ltd as on 26 December 2024 is ₹44.63, which is 8.59% higher than the current market price of ₹41.10. The stock has a market capitalization of 44.4 Cr. and recorded a high/low of 70.7/37.6 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹73.58 Cr and total liabilities of ₹79.64 Cr.

What is the Market Cap of Addi Industries Ltd?

The Market Cap of Addi Industries Ltd is 44.4 Cr..

What is the current Stock Price of Addi Industries Ltd as on 26 December 2024?

The current stock price of Addi Industries Ltd as on 26 December 2024 is 41.1.

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

In FY 2024-2025, the High / Low of Addi Industries Ltd stocks is 70.7/37.6.

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

The Stock P/E of Addi Industries Ltd is 9.59.

What is the Book Value of Addi Industries Ltd?

The Book Value of Addi Industries Ltd is 73.2.

What is the Dividend Yield of Addi Industries Ltd?

The Dividend Yield of Addi Industries Ltd is 3.04 %.

What is the ROCE of Addi Industries Ltd?

The ROCE of Addi Industries Ltd is 8.38 %.

What is the ROE of Addi Industries Ltd?

The ROE of Addi Industries Ltd is 6.17 %.

What is the Face Value of Addi Industries Ltd?

The Face Value of Addi Industries Ltd is 5.00.