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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Arvind SmartSpaces Ltd

About the Company - Arvind SmartSpaces Ltd

Arvind SmartSpaces Ltd. is a Public Limited Listed company incorporated on 26/12/2008 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L45201GJ2008PLC055771 and registration number is 055771. Currently Company is involved in the business activities of Activities of head offices; management consultancya ctivities. Company’s Total Operating Revenue is Rs. 120.17 Cr. and Equity Capital is Rs. 42.46 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Realty24, Government Servant's Society, Near Municipal Market, Ahmedabad Gujarat 380009investor@arvindinfra.com
http://www.arvindsmartspaces.com
Management
NamePosition Held
Mr. Sanjay S LalbhaiChairman & Non-Exe.Director
Mr. Kamal SingalManaging Director & CEO
Mr. Kulin S LalbhaiNon Executive Director
Ms. Pallavi VyasIndependent Director
Mr. Pratul ShroffIndependent Director
Mr. Prem Prakash PangotraIndependent Director
Mr. Nirav Kalyanbhai ShahIndependent Director

Basic Stock Data of Arvind SmartSpaces Ltd

Last Updated: April 9, 2024, 10:03 pm

Market Cap 3,168 Cr.
Current Price 699
High / Low763/277
Stock P/E89.5
Book Value 103
Dividend Yield0.24 %
ROCE9.21 %
ROE5.58 %
Face Value 10.0
PEG Ratio-9.30

Competitors of Arvind SmartSpaces Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Cravatex Ltd 110 Cr. 428686/28522.9 3820.71 %6.87 %5.06 % 10.0
Ashoka Metcast Ltd 50.2 Cr. 20.135.7/16.010.5 41.80.00 %6.51 %4.65 % 10.0
Oswal Agro Mills Ltd 599 Cr. 44.659.0/24.0131 62.40.00 %0.48 %0.55 % 10.0
Alstone Textiles (India) Ltd 86.7 Cr. 0.681.58/0.5420.8 1.200.00 %1.04 %2.77 % 1.00
Adani Enterprises Ltd 3,65,524 Cr. 3,2063,350/1,76197.4 3220.04 %9.49 %9.63 % 1.00
Industry Average73,273.98 Cr739.8856.52161.880.15%4.88%4.53%6.40

Arvind SmartSpaces Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales446427264316160505393677384
Expenses305019193114049414472413964
Operating Profit1415871221119920263420
OPM %32%23%30%26%28%13%18%18%17%22%39%47%24%
Other Income0112222132232
Interest766541224615193
Depreciation0000011111111
Profit before tax8933922108715131618
Tax %31%29%24%31%36%35%28%37%24%29%30%32%36%
Net Profit57226147551091112
EPS in Rs1.421.850.700.761.403.291.711.100.942.051.771.912.07

Last Updated: May 7, 2024, 4:13 am

Arvind SmartSpaces Ltd Quarterly Chart

Arvind SmartSpaces Ltd Profit & Loss

Last Updated: May 1, 2024, 11:54 pm

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales87115159198262299149257256285
Expenses6280114137194211109208207196
Operating Profit25354461688941494989
OPM %29%31%28%31%26%30%27%19%19%31%
Other Income0214222779
Interest891215212427171444
Depreciation0111111234
Profit before tax17273248486514384050
Tax %39%38%33%35%35%37%38%34%30%
Net Profit1017223131419252835
EPS in Rs10.566.667.149.478.7011.062.465.905.656.67
Dividend Payout %0%0%0%0%17%0%0%0%58%

Arvind SmartSpaces Ltd Profit & Loss Yearly Chart

Arvind SmartSpaces Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:5%
3 Years:32%
TTM:33%
Compounded Profit Growth
10 Years:%
5 Years:6%
3 Years:68%
TTM:66%
Stock Price CAGR
10 Years:%
5 Years:41%
3 Years:83%
1 Year:103%
Return on Equity
10 Years:%
5 Years:7%
3 Years:7%
Last Year:9%

Last Updated: April 9, 2024, 10:03 pm

Arvind SmartSpaces Ltd Balance Sheet

Last Updated: May 1, 2024, 11:54 pm

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital10262832353636424545
Reserves116118166263219253276389421423
Borrowings3192931611712181893014676
Other Liabilities1051201451403522914256748981,215
Total Liabilities2623554335967777989261,1361,5111,759
Fixed Assets31010101099434652
CWIP001112142039131716
Investments0022211083150
Other Assets2593454105727527678761,0801,3641,541
Total Assets2623554335967777989261,1361,5111,759

Arvind SmartSpaces Ltd Reserves and Borrowings Chart

Arvind SmartSpaces Ltd Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 5627-19-14712-1691161-101
Cash from Investing Activity -1-11-1-0-7-4229-82
Cash from Financing Activity 23-2027141-1121-19-7495
Net Cash Flow78610-70-130116-87

Arvind SmartSpaces Ltd Financial Efficiency Indicators

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days2920793215216243
Inventory Days8,5249,212
Days Payable4,159873
Cash Conversion Cycle4,395207932158,34116243
Working Capital Days449461568730328441955307472309
ROCE %18%16%16%15%19%8%11%9%

Arvind SmartSpaces Ltd Financial Efficiency Indicators Chart

Arvind SmartSpaces Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters58.66%58.66%56.88%56.88%54.34%53.82%53.82%51.99%50.44%50.44%50.43%50.43%
FIIs0.03%0.03%0.05%0.05%0.03%0.07%0.03%0.18%0.46%0.68%0.69%0.85%
DIIs3.73%1.65%0.31%0.01%9.51%9.50%9.50%10.32%10.28%10.57%11.48%11.61%
Public37.57%39.66%42.76%43.06%36.11%36.60%36.64%37.52%38.82%38.32%37.39%37.11%
No. of Shareholders1,17,1801,13,5571,11,4191,08,1191,04,9821,03,7371,03,0221,03,8411,01,6001,00,18988,36187,548

Arvind SmartSpaces Ltd Shareholding Pattern Chart

No. of Arvind SmartSpaces Ltd Shareholders

Arvind SmartSpaces Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Quant Value Fund11697535.0845.05
ITI ELSS Tax Saver Fund639221.072.46
ICICI Prudential Housing Opportunities Fund136770.020.53

Arvind SmartSpaces Ltd ROCE Trend

Arvind SmartSpaces Ltd EPS Trend

Arvind SmartSpaces Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)5.836.472.4611.088.90
Diluted EPS (Rs.)5.636.302.4611.078.66
Cash EPS (Rs.)6.746.362.8611.939.19
Book Value[Excl.RevalReserv]/Share (Rs.)109.33106.5798.4585.6775.21
Book Value[Incl.RevalReserv]/Share (Rs.)109.33106.5798.4585.6775.21
Revenue From Operations / Share (Rs.)56.4860.4941.9884.2474.38
PBDIT / Share (Rs.)12.4213.3511.9525.5919.93
PBIT / Share (Rs.)11.8212.9911.6425.2819.61
PBT / Share (Rs.)8.739.034.0818.4413.57
Net Profit / Share (Rs.)6.146.002.5411.628.86
NP After MI And SOA / Share (Rs.)5.655.902.4611.068.70
PBDIT Margin (%)21.9822.0628.4730.3826.80
PBIT Margin (%)20.9221.4827.7130.0126.36
PBT Margin (%)15.4514.929.7121.8818.24
Net Profit Margin (%)10.869.926.0413.7911.90
NP After MI And SOA Margin (%)10.009.755.8613.1211.70
Return on Networth / Equity (%)5.496.032.8013.6112.04
Return on Capital Employeed (%)8.3410.848.0023.6619.89
Return On Assets (%)1.692.200.944.923.94
Long Term Debt / Equity (X)0.300.070.520.250.31
Total Debt / Equity (X)0.310.070.520.540.32
Asset Turnover Ratio (%)0.110.130.130.220.39
Current Ratio (X)1.551.592.001.681.65
Quick Ratio (X)0.440.360.280.090.19
Dividend Payout Ratio (NP) (%)0.000.000.0016.280.00
Dividend Payout Ratio (CP) (%)0.000.000.0015.830.00
Earning Retention Ratio (%)0.000.000.0083.720.00
Cash Earning Retention Ratio (%)0.000.000.0084.170.00
Interest Coverage Ratio (X)4.023.371.583.743.30
Interest Coverage Ratio (Post Tax) (X)2.992.511.342.702.47
Enterprise Value (Cr.)1387.46784.84511.76407.33547.93
EV / Net Operating Revenue (X)5.423.063.431.362.09
EV / EBITDA (X)24.6613.8512.044.487.80
MarketCap / Net Operating Revenue (X)4.993.392.300.801.76
Retention Ratios (%)0.000.000.0083.710.00
Price / BV (X)2.742.101.100.831.82
Price / Net Operating Revenue (X)4.993.392.300.801.76
EarningsYield0.020.020.020.160.06

Arvind SmartSpaces Ltd Profitability Ratios (%)

Arvind SmartSpaces Ltd Liquidity Ratios

Arvind SmartSpaces Ltd Liquidity Ratios (%)

Arvind SmartSpaces Ltd Interest Coverage Ratios (%)

Arvind SmartSpaces Ltd Valuation Ratios

Fair Value

Fair Value: ₹515.63

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: 26.23% compared to the current price ₹699

Intrinsic Value: ₹466.03

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: 33.33% compared to the current price ₹699

Last 5 Year EPS CAGR: -9.62%

*Investments are subject to market risks

Strength and Weakness of Arvind SmartSpaces Ltd

StrengthWeakness
  1. The company has higher reserves (264.40 cr) compared to borrowings (120.70 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (206.70 cr) and profit (37.90 cr) over the years.
  1. The stock has a low average ROCE of 11.20%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 502.00, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 54.30, which may not be favorable.

Should I Buy Arvind SmartSpaces 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 Arvind SmartSpaces Ltd:
    1. Net Profit Margin: 10.86%
      • 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: 8.34% (Industry Average ROCE: 4.38%)
      • 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%: 5.49% (Industry Average ROE: 4.01%)
      • 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): 2.99
      • 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: 0.44
      • 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: 89.5 (Industry average Stock P/E: 58.28)
      • 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: 0.31
      • 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 Arvind SmartSpaces Ltd?

The latest fair value of Arvind SmartSpaces Ltd is 515.63.

What is the Market Cap of Arvind SmartSpaces Ltd?

The Market Cap of Arvind SmartSpaces Ltd is 3,168 Cr..

What is the current Stock Price of Arvind SmartSpaces Ltd as on 13 April 2024?

The current stock price of Arvind SmartSpaces Ltd as on 13 April 2024 is 699.

What is the High / Low of Arvind SmartSpaces Ltd stocks in FY 2024?

In FY 2024, the High / Low of Arvind SmartSpaces Ltd stocks is ₹763/277.

What is the Stock P/E of Arvind SmartSpaces Ltd?

The Stock P/E of Arvind SmartSpaces Ltd is 89.5.

What is the Book Value of Arvind SmartSpaces Ltd?

The Book Value of Arvind SmartSpaces Ltd is 103.

What is the Dividend Yield of Arvind SmartSpaces Ltd?

The Dividend Yield of Arvind SmartSpaces Ltd is 0.24 %.

What is the ROCE of Arvind SmartSpaces Ltd?

The ROCE of Arvind SmartSpaces Ltd is 9.21 %.

What is the ROE of Arvind SmartSpaces Ltd?

The ROE of Arvind SmartSpaces Ltd is 5.58 %.

What is the Face Value of Arvind SmartSpaces Ltd?

The Face Value of Arvind SmartSpaces 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 Arvind SmartSpaces 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