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Last Updated on: 18 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 526397 | NSE: ALPHAGEO

Alphageo (India) Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 15, 2024, 4:07 pm

Market Cap 223 Cr.
Current Price 350
High / Low522/268
Stock P/E12.8
Book Value 439
Dividend Yield2.28 %
ROCE4.18 %
ROE0.34 %
Face Value 10.0
PEG Ratio4.72

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

View Share Price Target for Alphageo (India) Ltd

Competitors of Alphageo (India) Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gujarat Natural Resources Ltd 219 Cr. 27.431.1/12.7 13.60.00 %1.15 %3.61 % 10.0
Dolphin Offshore Enterprises (India) Ltd 2,140 Cr. 535949/75.298.2 60.60.00 %0.97 %3.22 % 1.00
Deep Energy Resources Ltd 999 Cr. 312348/150694 1210.00 %0.39 %0.35 % 10.0
Selan Explorations Technology Ltd 1,375 Cr. 9041,100/40423.8 2860.00 %12.3 %8.70 % 10.0
Oil India Ltd 76,817 Cr. 473768/1959.16 3242.22 %17.7 %18.0 % 10.0
Industry Average34,383.00 Cr573.3394.18582.840.90%9.77%8.68%6.58

All Competitor Stocks of Alphageo (India) Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales80.422.0314.9057.5345.941.264.6314.125.152.3939.2451.8925.26
Expenses55.745.4114.9745.5734.135.946.0413.068.436.3535.6837.1322.36
Operating Profit24.68-3.38-0.0711.9611.81-4.68-1.411.06-3.28-3.963.5614.762.90
OPM %30.69%-166.50%-0.47%20.79%25.71%-371.43%-30.45%7.51%-63.69%-165.69%9.07%28.44%11.48%
Other Income2.050.920.881.440.822.5219.291.463.463.484.49-4.144.27
Interest0.280.180.170.430.300.040.050.070.010.010.010.160.09
Depreciation6.816.453.363.223.022.912.853.763.393.553.293.393.31
Profit before tax19.64-9.09-2.729.759.31-5.1114.98-1.31-3.22-4.044.757.073.77
Tax %25.41%-23.43%-16.18%30.67%26.85%-24.85%26.10%-21.37%0.93%7.43%4.00%42.29%-6.90%
Net Profit14.66-6.95-2.286.776.81-3.8511.06-1.03-3.24-4.334.554.074.02
EPS in Rs23.03-10.92-3.5810.6410.70-6.0517.39-1.62-5.09-6.776.226.245.89

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales249473903064294052681431556699119
Expenses265646622043073032481271225988102
Operating Profit-238272810212310219163371117
OPM %-8%40%37%31%33%29%25%7%11%21%10%11%15%
Other Income0-0-0122542352478
Interest0111463321100
Depreciation891112243432282720131414
Profit before tax-10281516768572-891818512
Tax %8%7%4%26%33%36%37%14%29%31%27%77%
Net Profit-11261412515445-96121318
EPS in Rs-19.8746.9825.7220.6482.5885.6171.35-13.7810.1319.1520.420.6011.58
Dividend Payout %0%4%8%10%5%9%11%-58%79%42%39%1,339%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)336.36%-46.15%-14.29%325.00%5.88%-16.67%-120.00%166.67%100.00%8.33%-92.31%
Change in YoY Net Profit Growth (%)0.00%-382.52%31.87%339.29%-319.12%-22.55%-103.33%286.67%-66.67%-91.67%-100.64%

Alphageo (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:0%
5 Years:-25%
3 Years:-12%
TTM:414%
Compounded Profit Growth
10 Years:-29%
5 Years:-53%
3 Years:-47%
TTM:604%
Stock Price CAGR
10 Years:-4%
5 Years:17%
3 Years:1%
1 Year:27%
Return on Equity
10 Years:9%
5 Years:1%
3 Years:2%
Last Year:0%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:43 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital5666666666666
Reserves35637891165227269251257265277272273
Borrowings54124847282600000
Other Liabilities2934658131949744463871618
Total Liabilities7410792156350374400327309310291295298
Fixed Assets3364547714011693838265655955
CWIP15111111121228
Investments00400000326553032
Other Assets26423378209257306243222218168203204
Total Assets7410792156350374400327309310291295298

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +1172715195910933079131
Cash from Investing Activity +-6-16-22-25-62-602-20-17-23-6511
Cash from Financing Activity +40-510611-28-16-28-6-6-5
Net Cash Flow-120118083-33-1551-586

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-7.0034.0026.0026.0054.0076.0074.00-7.0016.0033.007.0011.00

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 Days16010783198191167148114225194180216
Inventory Days
Days Payable
Cash Conversion Cycle16010783198191167148114225194180216
Working Capital Days-232-1258336310069129250116239188
ROCE %-19%51%21%18%50%36%25%-3%4%7%0%4%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters46.09%46.09%46.09%46.09%46.09%46.09%46.09%46.09%46.09%46.09%46.09%46.08%
FIIs1.25%1.77%1.90%1.89%2.09%1.90%1.89%1.89%1.89%1.89%1.86%1.97%
DIIs0.07%0.05%0.05%0.06%0.05%0.05%0.05%0.05%0.05%0.03%0.03%0.03%
Public52.59%52.09%51.96%51.96%51.75%51.96%51.98%51.98%51.96%51.99%52.01%51.93%
No. of Shareholders17,39317,36717,94617,74217,64317,15516,85116,91416,70016,28316,33015,929

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.6020.4319.1610.13-13.77
Diluted EPS (Rs.)0.6020.4319.1610.13-13.77
Cash EPS (Rs.)23.0040.0350.2052.8030.70
Book Value[Excl.RevalReserv]/Share (Rs.)438.21444.02425.96412.38403.91
Book Value[Incl.RevalReserv]/Share (Rs.)438.21444.02425.96412.38403.91
Revenue From Operations / Share (Rs.)154.69103.40242.82224.35419.42
PBDIT / Share (Rs.)40.0948.3860.3459.7736.30
PBIT / Share (Rs.)18.7328.7229.2517.07-8.15
PBT / Share (Rs.)7.1428.0027.5814.28-12.09
Net Profit / Share (Rs.)1.6420.3719.1110.10-13.75
NP After MI And SOA / Share (Rs.)0.5920.3919.1110.10-13.74
PBDIT Margin (%)25.9146.7924.8426.648.65
PBIT Margin (%)12.1127.7812.047.60-1.94
PBT Margin (%)4.6127.0811.356.36-2.88
Net Profit Margin (%)1.0519.697.864.50-3.27
NP After MI And SOA Margin (%)0.3819.717.874.50-3.27
Return on Networth / Equity (%)0.134.594.482.45-3.40
Return on Capital Employeed (%)4.266.446.834.12-2.01
Return On Assets (%)0.124.473.932.08-2.67
Total Debt / Equity (X)0.000.000.000.000.10
Asset Turnover Ratio (%)0.330.210.520.470.76
Current Ratio (X)15.6132.996.134.653.27
Quick Ratio (X)15.5632.916.114.623.25
Dividend Payout Ratio (NP) (%)0.0039.1641.760.00-140.03
Dividend Payout Ratio (CP) (%)0.0019.9315.890.0062.69
Earning Retention Ratio (%)0.0060.8458.240.00240.03
Cash Earning Retention Ratio (%)0.0080.0784.110.0037.31
Interest Coverage Ratio (X)137.1267.2236.0921.439.21
Interest Coverage Ratio (Post Tax) (X)45.2429.3012.434.62-2.49
Enterprise Value (Cr.)82.2822.4282.1548.1517.77
EV / Net Operating Revenue (X)0.830.330.530.330.06
EV / EBITDA (X)3.220.722.131.260.76
MarketCap / Net Operating Revenue (X)2.111.941.270.780.29
Retention Ratios (%)0.0060.8358.230.00240.03
Price / BV (X)0.740.450.720.420.30
Price / Net Operating Revenue (X)2.111.941.270.780.29
EarningsYield0.000.100.060.05-0.11

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Alphageo (India) Ltd as of November 18, 2024 is: 19.54

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 November 18, 2024, Alphageo (India) Ltd is Overvalued by 94.42% compared to the current share price 350.00

Intrinsic Value of Alphageo (India) Ltd as of November 18, 2024 is: 20.07

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 November 18, 2024, Alphageo (India) Ltd is Overvalued by 94.27% compared to the current share price 350.00

Last 5 Year EPS CAGR: 2.71%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 16.17%, which is a positive sign.
  2. The company has higher reserves (194.08 cr) compared to borrowings (12.38 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (174.69 cr) and profit (25.85 cr) over the years.
  1. The stock has a high average Working Capital Days of 83.42, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 165.25, 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 Alphageo (India) Ltd:
    1. Net Profit Margin: 1.05%
      • 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: 4.26% (Industry Average ROCE: 8.96%)
      • 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%: 0.13% (Industry Average ROE: 7.95%)
      • 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): 45.24
      • 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: 15.56
      • 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: 12.8 (Industry average Stock P/E: 78.49)
      • 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

Alphageo (India) Ltd. is a Public Limited Listed company incorporated on 01/07/1987 and has its registered office in the State of Telangana, India. Company’s Corporate Identification Number(CIN) is L74210TG1987PLC007580 and registration number is 007580. Currently company belongs to the Industry of Oil Drilling And Exploration. Company’s Total Operating Revenue is Rs. 154.88 Cr. and Equity Capital is Rs. 6.38 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Oil Drilling And Exploration802, Babukhan Estate, Basheerbagh, Hyderabad Telangana 500001info@alphageoindia.com
http://www.alphageoindia.com
Management
NamePosition Held
Mr. Dinesh AllaChairman & Managing Director
Mrs. Savita AllaJoint Managing Director
Mr. Sashank AllaWhole Time Director
Mr. Mahendra PratapInd. Non-Executive Director
Mr. Vinay Kumar VermaInd. Non-Executive Director
Mr. Raju MandapalliInd. Non-Executive Director

FAQ

What is the latest intrinsic value of Alphageo (India) Ltd?

The latest intrinsic value of Alphageo (India) Ltd as on 18 November 2024 is ₹19.54, which is 94.42% lower than the current market price of ₹350.00.

What is the Market Cap of Alphageo (India) Ltd?

The Market Cap of Alphageo (India) Ltd is 223 Cr..

What is the current Stock Price of Alphageo (India) Ltd as on 18 November 2024?

The current stock price of Alphageo (India) Ltd as on 18 November 2024 is ₹350.

What is the High / Low of Alphageo (India) Ltd stocks in FY 2024?

In FY 2024, the High / Low of Alphageo (India) Ltd stocks is 522/268.

What is the Stock P/E of Alphageo (India) Ltd?

The Stock P/E of Alphageo (India) Ltd is 12.8.

What is the Book Value of Alphageo (India) Ltd?

The Book Value of Alphageo (India) Ltd is 439.

What is the Dividend Yield of Alphageo (India) Ltd?

The Dividend Yield of Alphageo (India) Ltd is 2.28 %.

What is the ROCE of Alphageo (India) Ltd?

The ROCE of Alphageo (India) Ltd is 4.18 %.

What is the ROE of Alphageo (India) Ltd?

The ROE of Alphageo (India) Ltd is 0.34 %.

What is the Face Value of Alphageo (India) Ltd?

The Face Value of Alphageo (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 Alphageo (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