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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 531300 | NSE: AMITINT

Fundamental Analysis of Amit International Ltd

About the Company - Amit International Ltd

Amit International Ltd. is a Public Limited Listed company incorporated on 18/02/1994 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L17110MH1994PLC076660 and registration number is 076660. Currently company belongs to the Industry of Textiles - Hosiery/Knitwear. Company’s Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 18.95 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Hosiery/Knitwear403-A, Dalamal Chambers, 4th Floor, Mumbai Maharashtra 400020amitgrievance@yahoo.com
http://www.amitinternational.in
Management
NamePosition Held
Mr. Kirti J DoshiChairman & Managing Director
Mr. Naresh N VaghaniDirector
Ms. Rupa R ZaveriDirector

Basic Stock Data of Amit International Ltd

Last Updated: May 28, 2024, 9:25 pm

Market Cap 7.77 Cr.
Current Price 4.10
High / Low6.09/2.23
Stock P/E21.6
Book Value 10.3
Dividend Yield0.00 %
ROCE0.20 %
ROE0.15 %
Face Value 10.0
PEG Ratio0.68

Competitors of Amit International Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Addi Industries Ltd 59.4 Cr. 55.070.7/29.318.4 70.12.28 %4.62 %3.62 % 5.00
Nahar Spinning Mills Ltd 970 Cr. 269362/232 4220.56 %7.48 %7.01 % 5.00
T T Ltd (TTL) 231 Cr. 107128/71.049.8 33.40.00 %7.90 %6.67 % 10.0
Rupa & Company Ltd 2,066 Cr. 260309/23428.5 1201.15 %10.1 %7.76 % 1.00
Alan Scott Industries Ltd 22.2 Cr. 62.2119/29.3 4.780.00 %35.8 %82.5 % 10.0
Industry Average669.72 Cr150.6419.34130.060.80%13.18%21.51%6.20

Amit International Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales0.000.000.000.000.000.000.000.000.000.000.000.000.00
Expenses0.070.090.030.050.080.030.060.100.030.050.030.080.05
Operating Profit-0.07-0.09-0.03-0.05-0.08-0.03-0.06-0.10-0.03-0.05-0.03-0.08-0.05
OPM %
Other Income0.000.420.000.000.270.140.000.00-0.050.300.080.090.10
Interest0.000.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax-0.070.33-0.03-0.050.190.11-0.06-0.10-0.080.250.050.010.05
Tax %0.00%9.09%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-0.070.30-0.03-0.050.190.11-0.06-0.10-0.080.250.050.010.05
EPS in Rs-0.040.16-0.02-0.030.100.06-0.03-0.05-0.040.130.030.010.03

Last Updated: May 6, 2024, 4:52 am

Amit International Ltd Quarterly Chart

Amit International Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1.650.63-0.000.740.03-0.00-0.00-0.00-0.00-0.00-0.00-0.000.00
Expenses1.830.780.110.980.220.170.170.120.460.290.250.250.19
Operating Profit-0.18-0.15-0.11-0.24-0.19-0.17-0.17-0.12-0.46-0.29-0.25-0.25-0.19
OPM %-10.91%-23.81%-32.43%-633.33%
Other Income0.29-1.050.160.220.130.190.250.520.590.450.410.290.42
Interest-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.00-0.000.00
Depreciation0.060.040.070.120.120.090.090.09-0.00-0.00-0.00-0.000.00
Profit before tax0.05-1.24-0.02-0.14-0.18-0.07-0.010.310.130.160.160.040.23
Tax %40.00%23.39%-200.00%-0.00%-0.00%-14.29%-0.00%-0.00%23.08%18.75%18.75%25.00%
Net Profit0.04-0.95-0.06-0.14-0.18-0.08-0.010.310.100.130.130.030.23
EPS in Rs0.02-0.50-0.03-0.07-0.09-0.04-0.010.160.050.070.070.020.13
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%

Amit International Ltd Profit & Loss Yearly Chart

Amit International Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:%
TTM:%
Compounded Profit Growth
10 Years:-20%
5 Years:38%
3 Years:-33%
TTM:377%
Stock Price CAGR
10 Years:-6%
5 Years:3%
3 Years:14%
1 Year:13%
Return on Equity
10 Years:0%
5 Years:1%
3 Years:1%
Last Year:0%

Last Updated: May 2, 2024, 10:14 am

Amit International Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital18.9518.9518.9518.9518.9518.9518.9518.9518.9518.9518.9518.9518.95
Reserves1.360.400.350.210.03-0.05-0.060.110.230.430.570.600.65
Borrowings0.560.450.120.050.080.160.050.010.090.000.050.030.03
Other Liabilities0.850.060.030.090.260.010.050.010.130.160.190.170.19
Total Liabilities21.7219.8619.4519.3019.3219.0718.9919.0819.4019.5419.7619.7519.82
Fixed Assets0.570.530.490.400.300.220.130.040.040.040.040.040.04
CWIP0.000.000.000.000.000.000.000.000.000.000.000.000.00
Investments6.534.284.285.315.315.315.765.615.635.715.735.735.73
Other Assets14.6215.0514.6813.5913.7113.5413.1013.4313.7313.7913.9913.9814.05
Total Assets21.7219.8619.4519.3019.3219.0718.9919.0819.4019.5419.7619.7519.82

Amit International Ltd Reserves and Borrowings Chart

Amit International Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 1.381.18-0.330.710.02-0.29-1.44-0.23-1.10-0.23-0.79-0.38
Cash from Investing Activity -1.340.910.140.220.100.160.250.600.610.46-4.180.28
Cash from Financing Activity 0.11-2.110.000.000.000.000.000.000.000.000.000.00
Net Cash Flow0.15-0.02-0.190.930.12-0.12-1.190.37-0.500.24-4.97-0.10

Amit International Ltd Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-0.74-0.60-0.23-0.29-0.27-0.33-0.22-0.13-0.55-0.29-0.30-0.28

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.

Amit International Ltd Free Cash Flow Chart

Amit International Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days460.12162.22182.501,825.00
Inventory Days61.200.000.000.00
Days Payable0.00
Cash Conversion Cycle521.32162.22182.501,825.00
Working Capital Days2,922.218,226.985,933.72131,400.00
ROCE %0.07%-0.05%-0.10%-0.72%-0.94%-0.37%-0.05%1.63%0.68%0.83%0.82%0.20%

Amit International Ltd Financial Efficiency Indicators Chart

Amit International Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters17.49%17.49%17.49%17.49%17.49%17.49%17.49%17.49%17.49%17.49%17.49%17.49%
Public82.51%82.51%82.51%82.51%82.51%82.50%82.51%82.50%82.50%82.51%82.51%82.50%
No. of Shareholders1,7011,7471,9211,9222,0472,1352,1902,2252,2732,2822,3842,637

Amit International Ltd Shareholding Pattern Chart

No. of Amit International Ltd Shareholders

This stock is not held by any mutual fund

Amit International Ltd ROCE Trend

Amit International Ltd EPS Trend

Amit International Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.020.070.110.060.09
Diluted EPS (Rs.)0.020.070.110.060.09
Cash EPS (Rs.)0.010.060.060.050.21
Book Value[Excl.RevalReserv]/Share (Rs.)10.3210.3010.2310.1210.06
Book Value[Incl.RevalReserv]/Share (Rs.)10.3210.3010.2310.1210.06
PBDIT / Share (Rs.)0.020.080.080.060.21
PBIT / Share (Rs.)0.020.080.080.060.16
PBT / Share (Rs.)0.020.080.080.060.16
Net Profit / Share (Rs.)0.010.060.060.050.16
Return on Networth / Equity (%)0.160.590.650.521.64
Return on Capital Employeed (%)0.190.780.800.681.64
Return On Assets (%)0.160.580.650.511.64
Current Ratio (X)0.691.101.810.3024.80
Quick Ratio (X)0.691.101.810.3024.80
Interest Coverage Ratio (X)0.000.001970.582862.250.00
Interest Coverage Ratio (Post Tax) (X)0.000.001606.262204.360.00
Enterprise Value (Cr.)3.6510.204.327.246.60
EV / EBITDA (X)93.4666.8627.5255.4616.44
Price / BV (X)0.190.530.230.370.37
EarningsYield0.010.010.020.010.04

Amit International Ltd Profitability Ratios (%)

Amit International Ltd Liquidity Ratios

Amit International Ltd Liquidity Ratios (%)

Amit International Ltd Interest Coverage Ratios (%)

Amit International Ltd Valuation Ratios

Fair Value

Fair Value: ₹0.34

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: 91.70% compared to the current price ₹4.1

Intrinsic Value: ₹0.45

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: 89.05% compared to the current price ₹4.1

Last 5 Year EPS CAGR: 31.95%

*Investments are subject to market risks

Strength and Weakness of Amit International Ltd Stock

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of 0.08 and average Dividend Yield of 5.74%.
  2. The stock has a low average Working Capital Days of 12.17, which is a positive sign.
  3. The company has higher reserves (0.37 cr) compared to borrowings (0.13 cr), indicating strong financial stability.
  1. The stock has a low average ROCE of 0.17%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 72.25, which may not be favorable.
  3. The company has not shown consistent growth in sales (0.23) and profit (-0.03).

Should I Buy Amit International Ltd Share Now?

  • 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 Amit International Ltd:
    1. Net Profit Margin: N/A%
      • 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: 0.19% (Industry Average ROCE: 13.18%)
      • 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%: 0.16% (Industry Average ROE: 21.51%)
      • 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): 0.00
      • 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: 0.69
      • 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: 21.6 (Industry average Stock P/E: 19.34)
      • 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: N/A
      • 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:

FAQ

What is the latest fair value of Amit International Ltd?

The latest fair value of Amit International Ltd is ₹0.34.

What is the Market Cap of Amit International Ltd?

The Market Cap of Amit International Ltd is 7.77 Cr..

What is the current Stock Price of Amit International Ltd as on 30 May 2024?

The current stock price of Amit International Ltd as on 30 May 2024 is ₹4.10.

What is the High / Low of Amit International Ltd stocks in FY 2024?

In FY 2024, the High / Low of Amit International Ltd stocks is 6.09/2.23.

What is the Stock P/E of Amit International Ltd?

The Stock P/E of Amit International Ltd is 21.6.

What is the Book Value of Amit International Ltd?

The Book Value of Amit International Ltd is 10.3.

What is the Dividend Yield of Amit International Ltd?

The Dividend Yield of Amit International Ltd is 0.00 %.

What is the ROCE of Amit International Ltd?

The ROCE of Amit International Ltd is 0.20 %.

What is the ROE of Amit International Ltd?

The ROE of Amit International Ltd is 0.15 %.

What is the Face Value of Amit International Ltd?

The Face Value of Amit International 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 Amit International 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