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Last Updated on: 23 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 537069 | NSE: ARNOLD

Fundamental Analysis of Arnold Holdings Ltd

Basic Stock Data

Last Updated: April 23, 2024, 11:10 am

Market Cap 132 Cr.
Current Price 43.8
High / Low47.6/16.9
Stock P/E69.4
Book Value 20.3
Dividend Yield0.00 %
ROCE10.0 %
ROE6.14 %
Face Value 10.0

Data Source: screener.in

Competitors of Arnold Holdings Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
L&T Finance Holdings Ltd 40,209 Cr. 162179/86.418.4 89.21.24 %7.56 %6.41 % 10.0
Maharashtra Scooters Ltd 8,495 Cr. 7,4328,608/4,43742.5 21,6452.15 %0.92 %0.93 % 10.0
JSW Holdings Ltd 7,645 Cr. 6,8887,491/3,95046.7 20,7790.00 %2.04 %1.68 % 10.0
Nalwa Sons Investments Ltd 1,734 Cr. 3,3733,880/2,07029.2 20,6000.00 %1.57 %1.14 % 10.0
Bajaj Finance Ltd 4,43,796 Cr. 7,1708,192/5,78032.2 9690.42 %11.8 %23.5 % 2.00
Industry Average100,375.80 Cr5,005.0033.8012,816.440.76%4.78%6.73%8.40

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales9.0318.5919.4812.6829.2927.2211.4437.6239.5643.6537.2052.4255.49
Expenses8.8418.8220.9313.4527.6548.7340.8234.5935.6241.4134.9150.2753.15
Operating Profit0.19-0.23-1.45-0.771.64-21.51-29.383.033.942.242.292.152.34
OPM %2.10%-1.24%-7.44%-6.07%5.60%-79.02%-256.82%8.05%9.96%5.13%6.16%4.10%4.22%
Other Income0.000.151.923.930.0024.3830.700.000.001.650.000.210.00
Interest0.000.000.002.631.641.720.271.591.952.531.451.051.32
Depreciation0.000.070.000.000.000.050.000.000.150.670.230.260.26
Profit before tax0.19-0.150.470.530.001.101.051.441.840.690.611.050.76
Tax %0.00%-166.67%0.00%0.00%54.55%0.00%0.00%0.00%175.36%0.00%0.00%0.00%
Net Profit0.19-0.390.470.530.000.501.051.441.84-0.520.611.050.76
EPS in Rs0.06-0.130.160.180.000.170.350.480.61-0.170.200.350.25

Last Updated: April 10, 2024, 6:04 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 5, 2024, 8:24 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1644933263831162437119163189
Expenses1543831243729162236111152180
Operating Profit01122011218119
OPM %1%2%14%6%8%1%4%5%9%2%7%7%5%
Other Income0000000000022
Interest0001101000676
Depreciation0000000000011
Profit before tax0111101021253
Tax %31%16%17%17%24%28%30%30%26%27%28%24%
Net Profit0111100021242
EPS in Rs0.030.290.320.340.220.040.130.090.520.230.501.270.63
Dividend Payout %278%0%26%25%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172020-20212021-20222022-2023
YoY Net Profit Growth (%)0.00%0.00%0.00%-100.00%-50.00%100.00%100.00%
Change in YoY Net Profit Growth (%)0.00%0.00%0.00%-100.00%50.00%150.00%0.00%

Growth

Compounded Sales Growth
10 Years:14%
5 Years:40%
3 Years:89%
TTM:63%
Compounded Profit Growth
10 Years:15%
5 Years:55%
3 Years:31%
TTM:-61%
Stock Price CAGR
10 Years:1%
5 Years:0%
3 Years:30%
1 Year:87%
Return on Equity
10 Years:2%
5 Years:3%
3 Years:3%
Last Year:6%

Last Updated: April 23, 2024, 5:39 am

Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital555553030303030303030
Reserves43444545462121222324262931
Borrowings015121968810377349
Other Liabilities032111111114689
Total Liabilities49535663715961615555107138199
Fixed Assets0000001111155
CWIP0000000000000
Investments000000010491019
Other Assets4953566371596059545097123175
Total Assets49535663715961615555107138199

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -1-6-5-771210-321-4
Cash from Investing Activity 0-0-014-13352-52-8
Cash from Financing Activity 0465-123-0-7-13130
Net Cash Flow-1-31-1-124-3-3-018

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow0.000.00-4.00-10.00-17.00-6.00-7.00-7.001.001.00-29.00-62.00

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 Days-0-015-043541320
Inventory Days73490749240473184122257183149126292
Days Payable02575069716-0112064
Cash Conversion Cycle734656752464672181192451841518228
Working Capital Days1,1453822,121212398211111200161146536
ROCE %0%2%2%3%3%0%2%1%4%2%11%10%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Feb 2024
Promoters4.75%4.75%4.75%10.64%13.24%13.24%13.24%13.24%13.24%16.03%16.03%20.28%
Public95.25%95.25%95.25%89.36%86.76%86.77%86.75%86.75%86.76%83.98%83.97%79.72%
No. of Shareholders1,2731,4061,6572,2032,2322,2192,1902,1202,1002,2792,8003,209

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
FaceValue10.0010.0010.0010.002.00
Basic EPS (Rs.)1.260.500.230.520.02
Diluted EPS (Rs.)1.260.500.230.520.02
Cash EPS (Rs.)1.540.510.250.520.01
Book Value[Excl.RevalReserv]/Share (Rs.)19.7518.4917.9817.753.45
Book Value[Incl.RevalReserv]/Share (Rs.)19.7518.4917.9817.753.45
Revenue From Operations / Share (Rs.)54.1925.6512.418.021.09
PBDIT / Share (Rs.)4.052.710.350.740.05
PBIT / Share (Rs.)3.772.690.320.740.05
PBT / Share (Rs.)1.670.690.310.700.02
Net Profit / Share (Rs.)1.270.500.220.520.01
PBDIT Margin (%)7.4710.562.829.234.95
PBIT Margin (%)6.9610.492.639.234.93
PBT Margin (%)3.082.722.508.802.42
Net Profit Margin (%)2.331.951.856.481.73
Return on Networth / Equity (%)6.412.711.272.930.54
Return on Capital Employeed (%)17.6113.831.784.101.34
Return On Assets (%)2.761.401.252.830.46
Long Term Debt / Equity (X)0.000.000.000.000.16
Total Debt / Equity (X)1.230.660.000.010.16
Asset Turnover Ratio (%)1.330.950.670.410.26
Current Ratio (X)1.812.18993.9851.9327.48
Quick Ratio (X)1.521.87725.7541.4911.46
Interest Coverage Ratio (X)1.921.3621.8421.631.97
Interest Coverage Ratio (Post Tax) (X)1.601.2515.3416.201.69
Enterprise Value (Cr.)122.2270.0370.3820.01127.35
EV / Net Operating Revenue (X)0.740.901.890.827.75
EV / EBITDA (X)10.048.6066.858.98156.36
MarketCap / Net Operating Revenue (X)0.410.431.890.927.61
Price / BV (X)1.140.601.310.412.41
Price / Net Operating Revenue (X)0.410.431.890.927.61
EarningsYield0.050.040.010.070.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 88.23

The stock is undervalued by 101.44% compared to the current price ₹43.8

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 stock is trading at a low valuation with an average P/B ratio of 1.51 and average Dividend Yield of 3.90%.
  2. The company has higher reserves (32.31 cr) compared to borrowings (16.85 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (57.31 cr) and profit (1.38 cr) over the years.
  1. The stock has a low average ROCE of 3.33%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 155.42, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 278.33, 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 Arnold Holdings Ltd:
    1. Net Profit Margin: 2.33%
      • 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: 17.61% (Industry Average ROCE: 5.96%)
      • 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%: 6.41% (Industry Average ROE: 6.09%)
      • 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): 1.60
      • 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: 1.52
      • 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: 69.4 (Industry average Stock P/E: 7.67)
      • 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: 1.23
      • 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

Arnold Holdings Ltd. is a Public Limited Listed company incorporated on 24/12/1981 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L65993MH1981PLC282783 and registration number is 282783. Currently Company is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company’s Total Operating Revenue is Rs. 77.13 Cr. and Equity Capital is Rs. 30.08 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance & InvestmentsB-208, Ramji House, Mumbai Maharashtra 400002arnoldholding9@gmail.com
http://www.arnoldholdings.in
Management
NamePosition Held
Mr. Santkumar GoyalWhole Time Director
Mr. Murari MallawatWhole Time Director
Dr. Sopan Vishwanathrao KshirsagarInd. Non-Executive Director
Mr. Sushil Mahendrakumar JhunjhunwalaInd. Non-Executive Director
Mrs. Munni Devi JainInd. Non-Executive Director
Mr. Rajpradeep Mahavirprasad AgrawalWhole Time Director

Arnold Holdings Ltd. Share Price Update

Share PriceValue
Today₹43.85
Previous Day₹43.49

FAQ

What is the latest fair value of Arnold Holdings Ltd?

The latest fair value of Arnold Holdings Ltd is 88.23.

What is the Market Cap of Arnold Holdings Ltd?

The Market Cap of Arnold Holdings Ltd is 132 Cr..

What is the current Stock Price of Arnold Holdings Ltd as on 23 April 2024?

The current stock price of Arnold Holdings Ltd as on 23 April 2024 is 43.8.

What is the High / Low of Arnold Holdings Ltd stocks in FY 2024?

In FY 2024, the High / Low of Arnold Holdings Ltd stocks is ₹47.6/16.9.

What is the Stock P/E of Arnold Holdings Ltd?

The Stock P/E of Arnold Holdings Ltd is 69.4.

What is the Book Value of Arnold Holdings Ltd?

The Book Value of Arnold Holdings Ltd is 20.3.

What is the Dividend Yield of Arnold Holdings Ltd?

The Dividend Yield of Arnold Holdings Ltd is 0.00 %.

What is the ROCE of Arnold Holdings Ltd?

The ROCE of Arnold Holdings Ltd is 10.0 %.

What is the ROE of Arnold Holdings Ltd?

The ROE of Arnold Holdings Ltd is 6.14 %.

What is the Face Value of Arnold Holdings Ltd?

The Face Value of Arnold Holdings 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 Arnold Holdings 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