Fundamental Analysis of Ahimsa Industries Ltd

About the Company - Ahimsa Industries Ltd

Ahimsa Industries Ltd. is a Public Limited Listed company incorporated on 24/01/1996 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L25200GJ1996PLC028679 and registration number is 028679. Currently Company is involved in the business activities of Manufacturing. Company’s Total Operating Revenue is Rs. 22.08 Cr. and Equity Capital is Rs. 5.47 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Petrochemicals - Polymers	160, Devraj Industrial Park, Ahmedabad Gujarat 382405	cs@greenpet.in http://www.ahimsaind.com

Management
Name	Position Held
Mr. Ashutosh D Gandhi	Chairman & Managing Director
Mrs. Sneha A Gandhi	Whole Time Director
Mr. Ashish N Shah	Independent Director
Mr. Deep Kiritkumar Trivedi	Non Executive Director
Mr. Bhadresh A Trivedi	Independent Director
Mr. Purvi Jatin Intwala	Non Executive Director

Basic Stock Data of Ahimsa Industries Ltd

Last Updated: July 26, 2024, 12:07 pm

Market Cap	13.7 Cr.
Current Price	25.0
High / Low	25.0/15.0
Stock P/E
Book Value	23.3
Dividend Yield	0.00 %
ROCE	4.17 %
ROE	6.65 %
Face Value	10.0
PEG Ratio	0.00

Data Source: screener.in

Ahimsa Industries Ltd Quarterly Results

Month	Sep 2019	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023
Sales	17.00	14.46	9.61	12.34	10.14	11.93	11.61	8.63	6.49
Expenses	16.57	13.99	9.00	11.21	9.19	11.98	11.05	8.66	6.40
Operating Profit	0.43	0.47	0.61	1.13	0.95	-0.05	0.56	-0.03	0.09
OPM %	2.53%	3.25%	6.35%	9.16%	9.37%	-0.42%	4.82%	-0.35%	1.39%
Other Income	0.13	0.49	0.10	0.07	0.41	0.01	0.56	0.13	0.13
Interest	0.26	0.36	0.32	0.33	0.16	0.18	0.10	0.14	0.12
Depreciation	0.68	0.68	0.59	0.52	0.44	0.48	0.43	0.45	0.40
Profit before tax	-0.38	-0.08	-0.20	0.35	0.76	-0.70	0.59	-0.49	-0.30
Tax %	0.00%	25.00%	10.00%	22.86%	3.95%	35.71%	1.69%	2.04%	6.67%
Net Profit	-0.38	-0.06	-0.18	0.28	0.73	-0.45	0.58	-0.48	-0.28
EPS in Rs	-0.69	-0.11	-0.33	0.51	1.33	-0.82	1.06	-0.88	-0.51

Last Updated: July 11, 2024, 10:19 am

Ahimsa Industries Ltd Quarterly Chart

Ahimsa Industries Ltd Profit & Loss

Last Updated: July 10, 2024, 2:43 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	6.73	14.68	21.38	32.11	60.62	59.27	95.78	37.84	31.45	21.95	21.90	20.24	15.12
Expenses	6.39	11.67	19.01	29.86	55.41	54.62	92.03	35.55	30.41	20.09	21.18	19.67	15.06
Operating Profit	0.34	3.01	2.37	2.25	5.21	4.65	3.75	2.29	1.04	1.86	0.72	0.57	0.06
OPM %	5.05%	20.50%	11.09%	7.01%	8.59%	7.85%	3.92%	6.05%	3.31%	8.47%	3.29%	2.82%	0.40%
Other Income	0.18	0.38	0.39	0.50	0.25	0.50	0.28	0.37	0.48	0.05	0.60	0.69	0.26
Interest	0.11	0.54	1.00	1.23	1.09	0.95	0.87	0.79	0.62	0.65	0.34	0.29	0.26
Depreciation	0.33	1.05	1.69	2.27	2.23	2.12	1.90	1.56	1.36	1.11	0.91	0.88	0.85
Profit before tax	0.08	1.80	0.07	-0.75	2.14	2.08	1.26	0.31	-0.46	0.15	0.07	0.09	-0.79
Tax %	-262.50%	17.22%	-157.14%	-8.00%	14.02%	34.62%	34.92%	32.26%	4.35%	40.00%	-300.00%	0.00%
Net Profit	0.28	1.48	0.17	-0.82	1.84	1.35	0.83	0.21	-0.44	0.09	0.28	0.10	-0.76
EPS in Rs	5.29	23.41	2.69	-2.07	3.36	2.47	1.52	0.38	-0.80	0.16	0.51	0.18	-1.39
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Ahimsa Industries Ltd Profit & Loss Yearly Chart

Ahimsa Industries Ltd Growth

Compounded Sales Growth
10 Years:	-4%
5 Years:	-17%
3 Years:	-13%
TTM:	-28%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-75%

Stock Price CAGR
10 Years:	%
5 Years:	-7%
3 Years:	-2%
1 Year:	52%

Return on Equity
10 Years:	1%
5 Years:	-3%
3 Years:	-4%
Last Year:	-7%

Last Updated: July 17, 2024, 6:01 pm

Ahimsa Industries Ltd Balance Sheet

Last Updated: July 10, 2024, 2:43 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	0.53	0.63	0.63	3.96	5.47	5.47	5.47	5.47	5.47	5.47	5.47	5.47	5.47
Reserves	2.55	4.52	4.69	1.83	5.79	7.15	7.97	8.19	7.75	7.84	8.13	8.22	7.94
Borrowings	3.62	8.57	14.33	13.54	10.30	8.96	7.47	8.09	7.51	7.65	4.16	3.09	3.09
Other Liabilities	4.80	7.79	3.23	14.40	2.74	15.99	29.14	13.82	3.25	2.84	3.45	3.27	2.40
Total Liabilities	11.50	21.51	22.88	33.73	24.30	37.57	50.05	35.57	23.98	23.80	21.21	20.05	18.90
Fixed Assets	9.06	12.88	13.00	13.07	11.33	11.63	9.88	8.98	7.75	6.40	6.12	5.68	5.27
CWIP	0.00	0.00	0.00	0.00	0.56	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	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
Other Assets	2.44	8.63	9.88	20.66	12.41	25.94	40.17	26.59	16.23	17.40	15.09	14.37	13.63
Total Assets	11.50	21.51	22.88	33.73	24.30	37.57	50.05	35.57	23.98	23.80	21.21	20.05	18.90

Ahimsa Industries Ltd Reserves and Borrowings Chart

Ahimsa Industries Ltd 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	0.42	-2.12	1.50	0.22	3.28	1.02	4.31	0.73	2.69	2.43	0.75	1.19
Cash from Investing Activity	-4.81	-1.69	-3.41	-2.12	-2.73	-1.16	-3.07	-0.97	-0.36	-0.67	-0.05	-0.24
Cash from Financing Activity	4.93	4.30	2.69	1.77	-0.87	-0.38	-1.30	-0.34	-0.28	-3.76	-1.07	-0.94
Net Cash Flow	0.54	0.49	0.78	-0.13	-0.32	-0.52	-0.06	-0.58	2.06	-1.99	-0.37	0.01

Ahimsa Industries Ltd Financial Efficiency Indicators

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	20.07	23.87	36.70	155.62	24.81	108.39	114.82	155.01	71.49	102.93	81.00	97.38
Inventory Days	45.20	197.18	102.93	48.90	34.42	38.65	31.98	86.83	98.40	129.93	119.13	119.81
Days Payable	23.97	18.31	30.38	181.95	16.10	113.60	92.92	155.28	37.11	38.58	37.79	50.89
Cash Conversion Cycle	41.30	202.75	109.25	22.56	43.13	33.43	53.88	86.56	132.77	194.29	162.34	166.30
Working Capital Days	-27.12	74.09	60.26	13.41	27.70	36.52	29.19	97.04	131.38	189.07	173.67	184.30
ROCE %	3.97%	22.92%	6.41%	2.46%	15.80%	14.05%	10.03%	5.16%	-0.71%	4.17%	0.21%	-1.45%

Ahimsa Industries Ltd Financial Efficiency Indicators Chart

Ahimsa Industries Ltd Share Holding Pattern

Month	Mar 2018	Sep 2018	Mar 2019	Sep 2019	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023
Promoters	69.28%	69.28%	69.28%	69.28%	69.28%	69.28%	69.28%	69.28%	69.61%	69.61%	69.61%	69.61%
Public	30.73%	30.73%	30.72%	30.71%	30.72%	30.72%	30.72%	30.72%	30.39%	30.39%	30.39%	30.39%
No. of Shareholders	108	104	103	87	83	82	81	81	79	77	76	81

Ahimsa Industries Ltd Shareholding Pattern Chart

No. of Ahimsa Industries Ltd Shareholders

This stock is not held by any mutual fund

Ahimsa Industries Ltd ROCE Trend

Ahimsa Industries Ltd EPS Trend

Ahimsa Industries Ltd 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.)	-1.69	0.17	0.52	0.02	-0.08
Diluted EPS (Rs.)	-1.69	0.17	0.52	0.02	-0.08
Cash EPS (Rs.)	-0.30	1.77	2.18	2.20	1.68
Book Value[Excl.RevalReserv]/Share (Rs.)	23.32	25.02	24.84	24.33	24.16
Book Value[Incl.RevalReserv]/Share (Rs.)	23.32	25.02	24.84	24.33	24.16
Revenue From Operations / Share (Rs.)	26.58	36.97	40.33	40.10	57.46
PBDIT / Share (Rs.)	0.10	1.07	2.41	3.49	2.76
PBIT / Share (Rs.)	-1.28	-0.53	0.74	1.46	0.28
PBT / Share (Rs.)	-1.75	0.17	0.12	0.27	-0.83
Net Profit / Share (Rs.)	-1.69	0.17	0.51	0.16	-0.79
PBDIT Margin (%)	0.39	2.89	5.98	8.70	4.81
PBIT Margin (%)	-4.82	-1.43	1.84	3.64	0.50
PBT Margin (%)	-6.60	0.47	0.30	0.68	-1.45
Net Profit Margin (%)	-6.36	0.47	1.27	0.42	-1.39
Return on Networth / Equity (%)	-7.25	0.69	2.07	0.69	-3.31
Return on Capital Employeed (%)	-5.30	-2.00	2.74	5.58	1.18
Return On Assets (%)	-5.58	0.47	1.33	0.38	-1.82
Long Term Debt / Equity (X)	0.03	0.05	0.09	0.07	0.01
Total Debt / Equity (X)	0.16	0.22	0.30	0.57	0.54
Asset Turnover Ratio (%)	0.79	0.98	0.98	0.91	1.07
Current Ratio (X)	3.27	2.47	2.21	1.73	1.44
Quick Ratio (X)	1.73	1.46	1.30	1.09	0.79
Inventory Turnover Ratio (X)	1.78	2.43	2.62	1.85	3.17
Interest Coverage Ratio (X)	0.24	2.46	3.89	2.95	2.46
Interest Coverage Ratio (Post Tax) (X)	-2.81	-1.23	1.83	1.14	0.28
Enterprise Value (Cr.)	10.41	7.65	12.90	15.87	20.37
EV / Net Operating Revenue (X)	0.71	0.37	0.58	0.72	0.64
EV / EBITDA (X)	180.96	13.06	9.77	8.31	13.46
MarketCap / Net Operating Revenue (X)	0.58	0.23	0.42	0.49	0.43
Price / BV (X)	0.66	0.34	0.68	0.81	1.03
Price / Net Operating Revenue (X)	0.58	0.23	0.42	0.49	0.43
EarningsYield	-0.10	0.01	0.03	0.01	-0.03

Ahimsa Industries Ltd Profitability Ratios (%)

Ahimsa Industries Ltd Liquidity Ratios

Ahimsa Industries Ltd Liquidity Ratios (%)

Ahimsa Industries Ltd Interest Coverage Ratios (%)

Ahimsa Industries Ltd Valuation Ratios

Fair Value

Fair Value: 23.71

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.

Overvalued: 5.17% compared to the current price 25

Default values used*: Deafault value of 15 for Stock P/E is used

Intrinsic Value: 21.61

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: 13.57% compared to the current price 25

Default values used*: Deafault value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -8.86%

*Investments are subject to market risks

Strength and Weakness of Ahimsa Industries Ltd Stock

Strength	Weakness
The company has shown consistent growth in sales (33.77 cr) and profit (0.47 cr) over the years.	The stock has a low average ROCE of 6.92%, which may not be favorable. The stock has a high average Working Capital Days of 82.46, which may not be favorable. The stock has a high average Cash Conversion Cycle of 104.05, which may not be favorable. The company has higher borrowings (7.98) compared to reserves (6.61), which may suggest financial risk.

FAQ

What is the latest fair value of Ahimsa Industries Ltd?

The latest fair value of Ahimsa Industries Ltd is ₹23.71.

What is the Market Cap of Ahimsa Industries Ltd?

The Market Cap of Ahimsa Industries Ltd is 13.7 Cr..

What is the current Stock Price of Ahimsa Industries Ltd as on 27 July 2024?

The current stock price of Ahimsa Industries Ltd as on 27 July 2024 is 25.0.

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

In FY 2024, the High / Low of Ahimsa Industries Ltd stocks is 25.0/15.0.

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

The Stock P/E of Ahimsa Industries Ltd is .

What is the Book Value of Ahimsa Industries Ltd?

The Book Value of Ahimsa Industries Ltd is 23.3.

What is the Dividend Yield of Ahimsa Industries Ltd?

The Dividend Yield of Ahimsa Industries Ltd is 0.00 %.

What is the ROCE of Ahimsa Industries Ltd?

The ROCE of Ahimsa Industries Ltd is 4.17 %.

What is the ROE of Ahimsa Industries Ltd?

The ROE of Ahimsa Industries Ltd is 6.65 %.

What is the Face Value of Ahimsa Industries Ltd?

The Face Value of Ahimsa Industries Ltd is 10.0.