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Last Updated on: 20 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 543737 | NSE: AVEER

Fundamental Analysis of Aveer Foods Ltd

Basic Stock Data

Last Updated: April 19, 2024, 5:22 pm

Market Cap 227 Cr.
Current Price 564
High / Low693/365
Stock P/E97.9
Book Value 42.8
Dividend Yield0.00 %
ROCE8.36 %
ROE6.48 %
Face Value 10.0

Data Source:

Competitors of Aveer Foods Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Tasty Bite Eatables Ltd 2,915 Cr. 11,37919,867/8,58160.6 1,0850.02 %14.0 %13.5 % 10.0
Bambino Agro Industries Ltd 284 Cr. 355470/29028.9 1140.45 %11.3 %11.6 % 10.0
Bikaji Foods International Ltd 13,568 Cr. 542606/34870.7 42.00.14 %17.7 %14.4 % 1.00
Anjani Foods Ltd 92.3 Cr. 33.043.8/21.169.4 5.000.00 %11.3 %9.00 % 2.00
Sarveshwar Foods Ltd 894 Cr. 9.0515.7/2.1961.9 2.490.00 %8.12 %4.69 % 1.00
Industry Average3,550.66 Cr2,463.6158.30249.700.12%12.48%10.64%4.80

Quarterly Result

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Operating Profit-0.20-0.70-
OPM %-0.95%-3.02%-0.31%0.14%7.83%6.89%6.74%6.74%5.97%
Other Income0.
Profit before tax-0.53-1.01-0.75-0.571.201.140.600.390.19
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-0.53-1.01-0.75-0.571.201.140.610.380.19
EPS in Rs-1.412.982.831.510.940.47

Last Updated: April 10, 2024, 6:18 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 6, 2024, 1:44 pm

MonthMar 2020Mar 2021Mar 2022Mar 2023TTM
Operating Profit-0.130.28-3.523.446.28
OPM %8.72%-4.49%3.58%6.60%
Other Income0.
Profit before tax-0.130.22-4.981.032.32
Tax %0.00%4.55%0.00%0.00%
Net Profit-0.130.21-4.981.022.32
EPS in Rs2.535.75
Dividend Payout %0.00%0.00%0.00%0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

YoY Net Profit Growth (%)261.54%-2471.43%120.48%
Change in YoY Net Profit Growth (%)0.00%-2732.97%2591.91%


Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:114%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:-11%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:6%

Last Updated: April 16, 2024, 11:34 am

Balance Sheet

MonthMar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital0.
Other Liabilities0.073.0614.3813.9811.29
Total Liabilities0.369.7541.9138.1541.61
Fixed Assets0.010.007.909.3611.66
Other Assets0.359.2533.9928.7729.93
Total Assets0.369.7541.9138.1541.61

Reserves and Borrowings Chart

Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -0.27-3.09-2.514.84
Cash from Investing Activity -0.01-1.14-3.71-2.78
Cash from Financing Activity 0.426.197.49-5.51
Net Cash Flow0.151.961.27-3.44

Free Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-0.54-6.32-15.82-4.48

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 2020Mar 2021Mar 2022Mar 2023
Debtor Days12.5119.280.38
Inventory Days801.85167.91179.15
Days Payable432.5464.2945.37
Cash Conversion Cycle381.82122.90134.16
Working Capital Days397.9879.8860.76
ROCE %6.30%-26.13%8.36%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthAug 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
No. of Shareholders3,5263,5263,8063,7443,6633,642

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 20
Basic EPS (Rs.)2.542730.47205.80-128.49
Diluted EPS (Rs.)2.542730.47205.80-128.49
Cash EPS (Rs.)5.822866.30261.60-128.42
Book Value[Excl.RevalReserv]/Share (Rs.)40.342817.7087.20-118.49
Book Value[Incl.RevalReserv]/Share (Rs.)40.342817.7087.20-118.49
Revenue From Operations / Share (Rs.)242.2935609.402849.300.00
PBDIT / Share (Rs.)8.613636.50275.50-128.39
PBIT / Share (Rs.)5.333500.70219.70-128.46
PBT / Share (Rs.)2.543500.60219.40-128.49
Net Profit / Share (Rs.)2.542730.50205.80-128.49
PBDIT Margin (%)3.5510.219.660.00
PBIT Margin (%)2.199.837.710.00
PBT Margin (%)1.049.837.700.00
Net Profit Margin (%)1.047.667.220.00
Return on Networth / Equity (%)6.2996.90236.000.00
Return on Capital Employeed (%)11.89124.23251.94108.41
Return On Assets (%)2.6815.762.11-35.68
Total Debt / Equity (X)0.483.2975.65-3.47
Asset Turnover Ratio (%)3.522.630.560.00
Current Ratio (X)1.430.990.890.74
Quick Ratio (X)0.080.300.310.74
Inventory Turnover Ratio (X)3.213.450.000.00
Interest Coverage Ratio (X)3.0936365.00918.33-4755.16
Interest Coverage Ratio (Post Tax) (X)1.9127306.00687.00-4757.91
Enterprise Value (Cr.)182.510.000.000.00
EV / Net Operating Revenue (X)1.870.000.000.00
EV / EBITDA (X)52.610.000.000.00
MarketCap / Net Operating Revenue (X)1.790.000.000.00
Price / BV (X)10.780.000.000.00
Price / Net Operating Revenue (X)1.790.000.000.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 276.95

The stock is overvalued by 50.90% compared to the current price ₹564

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

    1. The stock has a low average ROCE of -2.87%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 134.66, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 159.72, which may not be favorable.
    4. The company has higher borrowings (8.06) compared to reserves (7.32), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (54.54) and profit (-0.31).

    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 Aveer Foods Ltd:
      1. Net Profit Margin: 1.04%
        • 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: 11.89% (Industry Average ROCE: 45.72%)
        • 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%: 6.29% (Industry Average ROE: 40.64%)
        • 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): 1.91
        • 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: 0.08
        • 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: 97.9 (Industry average Stock P/E: 50.94)
        • 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: 0.48
        • 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

    Aveer Foods Ltd. is a Public Limited Listed company incorporated on 11/04/2009 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is U15549PN2019PLC183457 and registration number is 183457. Currently company belongs to the Industry of Food Processing - Bakery/Dairy/Fruits/Others. Company’s Total Operating Revenue is Rs. 35.61 Cr. and Equity Capital is Rs. 0.01 Cr. for the Year ended 31/03/2022.
    Food Processing - Bakery/Dairy/Fruits/OthersPlot 55/A/5 6, Hadapsar Pune Maharashtra
    NamePosition Held
    Mr. Rajkumar ChordiaChairman
    Mr. Vishal ChordiaManaging Director
    Mr. Anand ChordiaManaging Director
    Mr. Bapu GavhaneExecutive Director
    Mr. Vijaykumar KankaliyaIndependent Director
    Mr. Rajendra LunkadIndependent Director
    Mr. Ritesh MehtaIndependent Director
    Dr. Ajitkumar MandlechaIndependent Director
    Mrs. Samruddhi MehtaIndependent Woman Director

    Aveer Foods Ltd. Share Price Update

    Share PriceValue
    Previous Day₹565.00


    What is the latest fair value of Aveer Foods Ltd?

    The latest fair value of Aveer Foods Ltd is 276.95.

    What is the Market Cap of Aveer Foods Ltd?

    The Market Cap of Aveer Foods Ltd is 227 Cr..

    What is the current Stock Price of Aveer Foods Ltd as on 19 April 2024?

    The current stock price of Aveer Foods Ltd as on 19 April 2024 is 564.

    What is the High / Low of Aveer Foods Ltd stocks in FY 2024?

    In FY 2024, the High / Low of Aveer Foods Ltd stocks is ₹693/365.

    What is the Stock P/E of Aveer Foods Ltd?

    The Stock P/E of Aveer Foods Ltd is 97.9.

    What is the Book Value of Aveer Foods Ltd?

    The Book Value of Aveer Foods Ltd is 42.8.

    What is the Dividend Yield of Aveer Foods Ltd?

    The Dividend Yield of Aveer Foods Ltd is 0.00 %.

    What is the ROCE of Aveer Foods Ltd?

    The ROCE of Aveer Foods Ltd is 8.36 %.

    What is the ROE of Aveer Foods Ltd?

    The ROE of Aveer Foods Ltd is 6.48 %.

    What is the Face Value of Aveer Foods Ltd?

    The Face Value of Aveer Foods Ltd is 10.0.

    About the Author

    Author Avatar

    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 Aveer Foods 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 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