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Last Updated on: 22 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 541006 | NSE: ANGEL

Fundamental Analysis of Angel Fibers Ltd

Basic Stock Data

Last Updated: April 17, 2024, 4:21 pm

Market Cap 55.0 Cr.
Current Price 22.0
High / Low32.0/18.2
Stock P/E18.2
Book Value 10.6
Dividend Yield0.00 %
ROCE1.23 %
ROE17.4 %
Face Value 10.0

Data Source: screener.in

Competitors of Angel Fibers Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Aditya Ispat Ltd 5.15 Cr. 9.6213.0/7.51258 20.20.00 %7.19 %2.64 % 10.0
Aanchal Ispat Ltd 15.8 Cr. 7.5619.0/5.86 8.500.00 %20.1 %67.6 % 10.0
Visagar Polytex Ltd 30.7 Cr. 1.052.12/0.80 0.550.00 %2.69 %7.86 % 1.00
Aris International Ltd 8.22 Cr. 54.854.8/37.1 2.330.00 %109 %304 % 10.0
Alexander Stamps & Coin Ltd 13.2 Cr. 14.222.8/12.8 18.20.00 %0.12 %0.12 % 10.0
Industry Average14.61 Cr17.4551.609.960.00%27.82%76.44%8.20

Quarterly Result

MonthSep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
Sales68743998111136576495
Expenses67743681100127605691
Operating Profit1-0316119-384
OPM %1%-0%7%17%10%7%-6%12%4%
Other Income212133112
Interest233332122
Depreciation776655444
Profit before tax-7-9-4966-830
Tax %5%4%6%-19%-3%38%2%18%-29%
Net Profit-6-8-41164-821
EPS in Rs-2.48-3.38-1.524.302.351.40-3.011.000.22

Last Updated: April 10, 2024, 6:01 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 6, 2024, 1:41 pm

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales488082133142136248121158
Expenses416871120141117227116147
Operating Profit712111211921512
OPM %14%15%13%9%1%14%8%4%7%
Other Income324434634
Interest422466534
Depreciation81081214121098
Profit before tax-2251-15511-53
Tax %-128%60%5%61%4%-41%18%-9%
Net Profit-6141-1579-53
EPS in Rs-2.260.241.740.22-5.862.773.75-2.021.22
Dividend Payout %0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)116.67%300.00%-75.00%-1600.00%146.67%28.57%-155.56%
Change in YoY Net Profit Growth (%)0.00%183.33%-375.00%-1525.00%1746.67%-118.10%-184.13%

Growth

Compounded Sales Growth
10 Years:%
5 Years:8%
3 Years:-5%
TTM:-18%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:18%
TTM:175%
Stock Price CAGR
10 Years:%
5 Years:10%
3 Years:27%
1 Year:-19%
Return on Equity
10 Years:%
5 Years:-2%
3 Years:15%
Last Year:-17%

Last Updated: April 15, 2024, 7:32 am

Balance Sheet

Last Updated: April 22, 2024, 12:57 am

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital252525252525252525
Reserves-6-044-10-3612
Borrowings554946988172685551
Other Liabilities713202627861111
Total Liabilities8187951541221021059389
Fixed Assets575042897665595148
CWIP-0-04-0-0-0-0-0-0
Investments0-0010-0-011
Other Assets243749644736474140
Total Assets8187951541221021059389

Reserves and Borrowings Chart

Cash Flow

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 104824181418
Cash from Investing Activity -31-56-1-3-5-2
Cash from Financing Activity -8-448-23-15-9-16
Net Cash Flow-1-0-0-0000

Free Cash Flow

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-48.00-37.00-35.00-86.00-80.00-53.00-47.00-50.00

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 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days1019271729251634
Inventory Days16913417313054524573
Days Payable355962757017638
Cash Conversion Cycle145941397313605569
Working Capital Days95851027824725579
ROCE %5%9%5%-9%12%17%-1%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2018Sep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
Promoters56.47%56.47%56.47%56.47%56.47%73.91%73.91%73.91%73.91%73.91%73.91%73.91%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.14%1.14%1.14%
Public43.53%43.53%43.53%43.53%43.53%26.09%26.09%26.09%26.09%24.94%24.96%24.95%
No. of Shareholders425340336340354320330304271253263275

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-2.013.752.77-5.860.22
Diluted EPS (Rs.)-2.013.752.77-5.860.22
Cash EPS (Rs.)1.457.827.39-0.414.89
Book Value[Excl.RevalReserv]/Share (Rs.)10.4312.448.695.9211.78
Book Value[Incl.RevalReserv]/Share (Rs.)10.4312.448.695.9211.78
Revenue From Operations / Share (Rs.)48.2999.0854.5256.7853.07
PBDIT / Share (Rs.)2.9010.518.991.486.61
PBIT / Share (Rs.)-0.566.434.37-3.961.94
PBT / Share (Rs.)-1.854.551.97-6.130.54
Net Profit / Share (Rs.)-2.013.752.77-5.860.21
PBDIT Margin (%)6.0110.6016.482.6012.46
PBIT Margin (%)-1.166.498.01-6.963.65
PBT Margin (%)-3.834.583.61-10.791.02
Net Profit Margin (%)-4.173.785.08-10.310.40
Return on Networth / Equity (%)-19.3130.1331.90-98.901.82
Return on Capital Employeed (%)-1.9519.0714.98-13.314.54
Return On Assets (%)-5.418.926.81-11.950.34
Long Term Debt / Equity (X)1.751.712.353.912.55
Total Debt / Equity (X)2.132.192.824.722.96
Asset Turnover Ratio (%)1.222.401.221.031.07
Current Ratio (X)1.782.081.200.941.37
Quick Ratio (X)0.860.900.720.570.56
Inventory Turnover Ratio (X)4.3910.795.804.302.89
Interest Coverage Ratio (X)2.255.563.750.684.73
Interest Coverage Ratio (Post Tax) (X)-0.562.982.16-1.691.15
Enterprise Value (Cr.)127.50136.8684.3789.04128.95
EV / Net Operating Revenue (X)1.060.550.610.620.97
EV / EBITDA (X)17.575.213.7524.067.80
MarketCap / Net Operating Revenue (X)0.590.270.160.130.31
Price / BV (X)2.762.211.061.291.43
Price / Net Operating Revenue (X)0.590.270.160.130.31
EarningsYield-0.060.130.30-0.760.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 34.24

The stock is undervalued by 55.63% compared to the current price ₹22

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.

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (127.56 cr) and profit (0.56 cr) over the years.
  1. The stock has a low average ROCE of 4.75%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 73.75, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 81.00, which may not be favorable.
  4. The company has higher borrowings (63.89) compared to reserves (-0.22), 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 Angel Fibers Ltd:
    1. Net Profit Margin: -4.17%
      • 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: -1.95% (Industry Average ROCE: 7.85%)
      • 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%: -19.31% (Industry Average ROE: 9.45%)
      • 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): -0.56
      • 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: 0.86
      • 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: 18.2 (Industry average Stock P/E: 95.22)
      • 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: 2.13
      • 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

Angel Fibers Ltd. is a Public Limited Listed company incorporated on 14/02/2014 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L17200GJ2014PLC078738 and registration number is 078738. 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. 247.71 Cr. and Equity Capital is Rs. 25.00 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Spinning - Cotton BlendedSurvey No. 100/1, Plot No 1, Kalavad-Ranuja Road, Jamnagar Dist. Gujarat 361112info@angelfibers.com
http://www.angelfibers.com
Management
NamePosition Held
Mr. Rameshkumar Jivrajbhai RanipaChairman & Wholetime Director
Mr. Rohankumar Jitendra RaiyaniManaging Director
Mr. Pankaj Becharbhai BhimaniWhole Time Director
Mr. Jitendra Gopalbhai RaiyaniExecutive Director
Ms. Jyoti Jashvantray KatariaInd. Non-Executive Director
Mr. Hiteshkumar Chhaganbhai ChaniyaraInd. Non-Executive Director
Mr. Rutvikkumar Prabhudas BhensdadiyaInd. Non-Executive Director
Mr. Chandrakant Bhimjibhai GopaniInd. Non-Executive Director

Angel Fibers Ltd. Share Price Update

Share PriceValue
Today₹22.00
Previous Day₹22.00

FAQ

What is the latest fair value of Angel Fibers Ltd?

The latest fair value of Angel Fibers Ltd is 34.24.

What is the Market Cap of Angel Fibers Ltd?

The Market Cap of Angel Fibers Ltd is 55.0 Cr..

What is the current Stock Price of Angel Fibers Ltd as on 17 April 2024?

The current stock price of Angel Fibers Ltd as on 17 April 2024 is 22.0.

What is the High / Low of Angel Fibers Ltd stocks in FY 2024?

In FY 2024, the High / Low of Angel Fibers Ltd stocks is ₹32.0/18.2.

What is the Stock P/E of Angel Fibers Ltd?

The Stock P/E of Angel Fibers Ltd is 18.2.

What is the Book Value of Angel Fibers Ltd?

The Book Value of Angel Fibers Ltd is 10.6.

What is the Dividend Yield of Angel Fibers Ltd?

The Dividend Yield of Angel Fibers Ltd is 0.00 %.

What is the ROCE of Angel Fibers Ltd?

The ROCE of Angel Fibers Ltd is 1.23 %.

What is the ROE of Angel Fibers Ltd?

The ROE of Angel Fibers Ltd is 17.4 %.

What is the Face Value of Angel Fibers Ltd?

The Face Value of Angel Fibers 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 Angel Fibers 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