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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: 519471 | NSE: AMBARPIL

Fundamental Analysis of Ambar Protein Industries Ltd

Basic Stock Data

Last Updated: July 20, 2024, 10:18 pm

Market Cap 82.2 Cr.
Current Price 143
High / Low214/137
Stock P/E26.1
Book Value 43.6
Dividend Yield0.00 %
ROCE12.9 %
ROE13.4 %
Face Value 10.0
PEG Ratio1.28

Data Source: screener.in

Competitors of Ambar Protein Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Pioneer Agro Extracts Ltd 4.23 Cr. 9.779.77/7.27 12.00.00 %1.34 %1.34 % 10.0
Ruchi Infrastructure Ltd 326 Cr. 14.519.1/8.0046.3 8.550.00 %4.54 %3.93 % 1.00
Jayant Agro Organics Ltd 915 Cr. 305350/18017.3 1811.64 %12.2 %10.0 % 5.00
Adani Wilmar Ltd 41,583 Cr. 320423/286263 64.00.00 %9.70 %1.92 % 1.00
Ashiana Agro Industries Ltd 9.41 Cr. 20.425.0/4.3378.4 5.480.00 %5.28 %4.88 % 10.0
Industry Average7,874.44 Cr144.9179.8870.660.26%9.75%8.21%5.53

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales95.1981.9172.5294.7990.5384.3875.7794.9290.0093.2268.6185.7289.51
Expenses93.2880.2570.8894.5784.7881.9274.3092.4289.1790.6267.0481.9090.26
Operating Profit1.911.661.640.225.752.461.472.500.832.601.573.82-0.75
OPM %2.01%2.03%2.26%0.23%6.35%2.92%1.94%2.63%0.92%2.79%2.29%4.46%-0.84%
Other Income0.140.170.190.110.130.110.130.120.140.120.120.120.31
Interest0.590.640.580.720.750.620.660.650.600.640.630.690.50
Depreciation0.350.300.300.300.380.320.320.320.310.330.260.390.34
Profit before tax1.110.890.95-0.694.751.630.621.650.061.750.802.86-1.28
Tax %-10.81%13.48%25.26%13.04%25.26%17.79%27.42%37.58%116.67%27.43%2.50%45.10%64.84%
Net Profit1.230.770.72-0.603.561.340.461.03-0.021.260.781.56-0.45
EPS in Rs2.141.341.25-1.046.192.330.801.79-0.032.191.362.71-0.78

Last Updated: July 11, 2024, 10:14 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: July 11, 2024, 12:02 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales89160157168195206231284313340345337
Expenses89159155167193203227278305330338330
Operating Profit012233468977
OPM %0%1%1%1%1%1%2%2%2%3%2%2%
Other Income00101100-0101
Interest111111133332
Depreciation110000011111
Profit before tax-102123334644
Tax %0%0%0%36%2%27%28%55%13%25%29%24%
Net Profit-102122213433
EPS in Rs-0.990.142.701.514.193.743.532.176.007.744.895.48
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)100.00%-50.00%100.00%0.00%0.00%-50.00%200.00%33.33%-25.00%0.00%
Change in YoY Net Profit Growth (%)0.00%-150.00%150.00%-100.00%0.00%-50.00%250.00%-166.67%-58.33%25.00%

Growth

Compounded Sales Growth
10 Years:8%
5 Years:8%
3 Years:2%
TTM:-2%
Compounded Profit Growth
10 Years:44%
5 Years:9%
3 Years:-6%
TTM:12%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:158%
1 Year:-30%
Return on Equity
10 Years:22%
5 Years:18%
3 Years:17%
Last Year:13%

Last Updated: July 16, 2024, 4:51 pm

Balance Sheet

Last Updated: July 11, 2024, 12:02 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital666666666666
Reserves-5-4-3-102459131619
Preference Capital11110000000
Borrowings104561018242727332926
Other Liabilities36567519118121111
Total Liabilities141213172331534950646261
Fixed Assets54466672221212019
CWIP0000061600000
Investments000000000000
Other Assets989121719312729444242
Total Assets141213172331534950646261

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity -261-1-31131-367
Cash from Investing Activity -000-10-5-10-1-0-00-0
Cash from Financing Activity 2-6-11367-0-22-6-7
Net Cash Flow000-111-21-1-00-0

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-11.00-5.00-4.00-6.00-7.00-15.00-20.00-21.00-19.00-24.00-22.00-19.00

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 Days06323832341015
Inventory Days172311121819163720223223
Days Payable3713101196103597
Cash Conversion Cycle1522141018132919213330
Working Capital Days1022241019202221263535
ROCE %14%1%8%28%18%22%17%13%15%18%18%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters74.97%74.97%74.97%74.97%74.97%70.35%70.35%70.46%70.46%70.46%70.46%70.73%
Public25.03%25.03%25.03%25.03%25.03%29.65%29.65%29.54%29.55%29.55%29.55%29.28%
No. of Shareholders1,6151,6221,6211,6211,6212,2762,7742,8052,8552,8352,8712,944

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.)5.474.927.746.002.17
Diluted EPS (Rs.)5.474.927.746.002.17
Cash EPS (Rs.)7.757.119.978.094.14
Book Value[Excl.RevalReserv]/Share (Rs.)43.6038.1333.2125.4819.48
Book Value[Incl.RevalReserv]/Share (Rs.)43.6038.1333.2125.4819.48
Revenue From Operations / Share (Rs.)586.19600.13590.87544.87494.54
PBDIT / Share (Rs.)13.7213.5017.1813.6111.34
PBIT / Share (Rs.)11.4311.2914.9511.529.36
PBT / Share (Rs.)7.166.8810.276.924.79
Net Profit / Share (Rs.)5.474.897.746.002.17
PBDIT Margin (%)2.342.252.902.492.29
PBIT Margin (%)1.951.882.532.111.89
PBT Margin (%)1.221.141.731.270.96
Net Profit Margin (%)0.930.811.301.100.43
Return on Networth / Equity (%)12.5412.8323.3023.5411.13
Return on Capital Employeed (%)23.6024.1934.4630.6228.68
Return On Assets (%)5.124.516.936.862.52
Long Term Debt / Equity (X)0.010.070.140.240.34
Total Debt / Equity (X)1.021.341.721.862.41
Asset Turnover Ratio (%)5.455.465.946.295.55
Current Ratio (X)1.211.191.111.000.88
Quick Ratio (X)0.610.630.420.390.41
Inventory Turnover Ratio (X)16.0813.9314.6518.9214.82
Interest Coverage Ratio (X)3.213.073.672.962.48
Interest Coverage Ratio (Post Tax) (X)2.282.112.652.301.47
Enterprise Value (Cr.)108.01151.3848.6829.7428.06
EV / Net Operating Revenue (X)0.320.430.140.090.09
EV / EBITDA (X)13.6919.504.933.804.30
MarketCap / Net Operating Revenue (X)0.240.350.050.010.01
Price / BV (X)3.345.620.890.270.35
Price / Net Operating Revenue (X)0.240.350.050.010.01
EarningsYield0.030.020.260.850.30

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 155.54

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.

Undervalued: 8.77% compared to the current price 143

Intrinsic Value: 187.20

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.

Undervalued: 30.91% compared to the current price 143

Last 5 Year EPS CAGR: 20.36%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 15.42%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 18.83, which is a positive sign.
  3. The company has shown consistent growth in sales (235.42 cr) and profit (2.58 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 17.92, which may not be favorable.
  2. The company has higher borrowings (18.75) compared to reserves (4.58), which may suggest financial risk.

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 Ambar Protein Industries Ltd:
    1. Net Profit Margin: 0.93%
      • 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: 23.60% (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%: 12.54% (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): 2.28
      • 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: 0.61
      • 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: 26.1 (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: 1.02
      • 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

Ambar Protein Industries Ltd. is a Public Limited Listed company incorporated on 31/12/1992 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L15400GJ1992PLC018758 and registration number is 018758. Currently company belongs to the Industry of Edible Oils & Solvent Extraction. Company’s Total Operating Revenue is Rs. 339.75 Cr. and Equity Capital is Rs. 5.75 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Edible Oils & Solvent ExtractionSarkhej -Bavla Highway, Opp:- Bhagyoday Hotel, Ahmedabad District Gujarat 382213ambarinv@gmail.com
http://www.ambarprotein.com
Management
NamePosition Held
Mr. Jayprakash J VachhaniWhole Time Director
Mr. Pradeep C KhetaniManaging Director
Mr. Meghal H ChakravartiIndependent Director
Mr. Parimal B ShahIndependent Director
Mr. Pradipkumar S ShahIndependent Director
Mr. Dashrathbhai A PatelDirector
Mrs. Shobhanaben J VachhaniDirector
Mr. Shirishkumar D PatelDirector
Mr. Bharatbhai D PatelDirector

FAQ

What is the latest fair value of Ambar Protein Industries Ltd?

The latest fair value of Ambar Protein Industries Ltd is ₹155.54.

What is the Market Cap of Ambar Protein Industries Ltd?

The Market Cap of Ambar Protein Industries Ltd is 82.2 Cr..

What is the current Stock Price of Ambar Protein Industries Ltd as on 21 July 2024?

The current stock price of Ambar Protein Industries Ltd as on 21 July 2024 is 143.

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

In FY 2024, the High / Low of Ambar Protein Industries Ltd stocks is 214/137.

What is the Stock P/E of Ambar Protein Industries Ltd?

The Stock P/E of Ambar Protein Industries Ltd is 26.1.

What is the Book Value of Ambar Protein Industries Ltd?

The Book Value of Ambar Protein Industries Ltd is 43.6.

What is the Dividend Yield of Ambar Protein Industries Ltd?

The Dividend Yield of Ambar Protein Industries Ltd is 0.00 %.

What is the ROCE of Ambar Protein Industries Ltd?

The ROCE of Ambar Protein Industries Ltd is 12.9 %.

What is the ROE of Ambar Protein Industries Ltd?

The ROE of Ambar Protein Industries Ltd is 13.4 %.

What is the Face Value of Ambar Protein Industries Ltd?

The Face Value of Ambar Protein Industries 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 Ambar Protein Industries 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