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Last Updated on: 17 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

BGR Energy Systems Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 15, 2024, 3:49 pm

Market Cap 259 Cr.
Current Price 35.9
High / Low120/33.1
Stock P/E
Book Value 130
Dividend Yield0.00 %
ROCE15.2 %
ROE%
Face Value 10.0
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for BGR Energy Systems Ltd

Competitors of BGR Energy Systems Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hittco Tools Ltd 8.62 Cr. 14.016.0/9.53 4.590.00 %7.27 %5.66 % 10.0
Harshil Agrotech Ltd 667 Cr. 13.113.7/0.29112 1.200.00 %16.4 %13.5 % 1.00
Gujarat Toolroom Ltd 202 Cr. 12.645.9/10.81.72 14.87.91 %179 %170 % 1.00
GTV Engineering Ltd 158 Cr. 505640/34424.1 1250.00 %12.7 %13.5 % 10.0
Galaxy Agrico Exports Ltd 16.6 Cr. 60.868.2/27.2184 15.70.00 %33.5 %44.8 % 10.0
Industry Average3,493.78N/A32.63N/AN/A27.3820.44N/A

All Competitor Stocks of BGR Energy Systems Ltd

Quarterly Result

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales274358381254509250207273181246107145235
Expenses404392387261407248203289250232317166263
Operating Profit-130-34-6-610234-17-6914-210-21-28
OPM %-47%-10%-2%-2%20%1%2%-6%-38%6%-197%-15%-12%
Other Income052002577152521
Interest656770659277931029710199100102
Depreciation8776669444543
Profit before tax-202-104-82-774-78-92-116-163-76-289-123-133
Tax %25%25%22%26%32%24%22%23%25%22%25%26%20%
Net Profit-151-79-64-573-60-72-89-122-59-218-92-107
EPS in Rs-20.89-10.84-8.52-7.790.43-8.23-9.78-12.27-16.91-8.17-29.87-12.68-14.82

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3,4503,1133,3013,3663,2443,4413,2983,2732,6921,1401,221806949
Expenses2,9402,6822,9283,2272,8873,0522,9502,9492,4781,3041,0901,0851,657
Operating Profit510431373139356389348324214-164130-278-708
OPM %15%14%11%4%11%11%11%10%8%-14%11%-35%-75%
Other Income14126772133437135038
Interest179179185212301265288271302300359399418
Depreciation17202127242425283531271715
Profit before tax328244173-93381213728-80-487-243-644-1,104
Tax %32%34%48%-39%66%29%85%46%88%24%24%24%
Net Profit22416190-1291385515-10-368-185-488-1,108
EPS in Rs31.0722.4613.31-11.072.4310.102.272.67-0.40-50.51-25.37-67.21-153.03
Dividend Payout %23%31%23%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-28.12%-44.10%-243.33%110.08%553.85%-94.12%200.00%-166.67%-3580.00%49.73%-163.78%
Change in YoY Net Profit Growth (%)0.00%-15.97%-199.23%353.41%443.77%-647.96%294.12%-366.67%-3413.33%3629.73%-213.51%

BGR Energy Systems Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:-11%
5 Years:-21%
3 Years:-4%
TTM:-10%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:41%
Stock Price CAGR
10 Years:-13%
5 Years:4%
3 Years:-17%
1 Year:-54%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:36 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital72727272727272727272727272
Reserves1,1511,2221,1391,1681,2421,2511,1551,10769850520-733-1,009
Borrowings2,6252,0202,1182,3032,0012,2282,2592,1431,9431,8781,8451,8333,238
Other Liabilities2,7273,5443,3143,1483,1113,2263,2172,9232,6772,9053,0193,1862,479
Total Liabilities6,5766,8586,6436,6916,4266,7776,7046,2455,3895,3604,9554,3584,780
Fixed Assets450440421494488493493403370336324300292
CWIP12515750000000000
Investments1001111011122
Other Assets6,0006,2606,2176,1965,9376,2836,2115,8415,0185,0234,6304,0574,485
Total Assets6,5766,8586,6436,6916,4266,7776,7046,2455,3895,3604,9554,3584,780

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +73211-5-8254524250370469327304150
Cash from Investing Activity +-180-43142-19-18-31-2542-18-20
Cash from Financing Activity +223-434-130-117-534-91-232-413-459-370-306-143
Net Cash Flow116-2657-218-7-98-7-110-35-48

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow510.00429.00371.00137.00354.00387.00346.00322.00212.00-165.00129.00-279.00

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days335305262296230332322119259218306209
Inventory Days9118513971025182819
Days Payable229255248276303278257259687410752521
Cash Conversion Cycle116602224-606372-130-403-173-418-293
Working Capital Days352310250275193198184222486437526290
ROCE %12%10%4%10%10%10%8%5%-6%4%-11%-15%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%51.01%
FIIs0.00%0.00%0.12%0.85%0.80%0.25%0.01%0.00%0.03%0.02%0.01%0.08%
DIIs0.26%0.26%0.25%0.25%0.26%0.26%0.26%0.26%0.26%0.26%0.26%0.26%
Public24.74%24.74%24.63%23.90%23.94%24.50%24.75%24.74%24.72%24.73%24.74%48.67%
No. of Shareholders75,96875,14273,77980,69779,75678,20179,85279,00977,84177,34476,82196,618

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-105.07-67.21-25.44-56.16-0.40
Diluted EPS (Rs.)-105.07-67.21-25.44-56.16-0.40
Cash EPS (Rs.)-103.58-65.28-21.98-54.883.50
Book Value[Excl.RevalReserv]/Share (Rs.)-97.876.8075.67102.83161.76
Book Value[Incl.RevalReserv]/Share (Rs.)-97.876.8075.67102.83161.76
Revenue From Operations / Share (Rs.)140.29111.73169.16157.94373.06
PBDIT / Share (Rs.)-31.45-31.6310.18-34.7732.24
PBIT / Share (Rs.)-33.31-33.956.38-39.0027.41
PBT / Share (Rs.)-94.99-89.31-33.85-75.62-11.05
Net Profit / Share (Rs.)-105.43-67.60-25.77-59.11-1.33
NP After MI And SOA / Share (Rs.)-105.07-67.21-25.44-56.16-0.39
PBDIT Margin (%)-22.41-28.316.01-22.018.64
PBIT Margin (%)-23.74-30.383.77-24.697.34
PBT Margin (%)-67.70-79.92-20.01-47.87-2.96
Net Profit Margin (%)-75.15-60.50-15.23-37.42-0.35
NP After MI And SOA Margin (%)-74.89-60.15-15.03-35.55-0.10
Return on Networth / Equity (%)0.00-527.87-31.46-52.29-0.24
Return on Capital Employeed (%)603.11-46.996.00-27.1612.72
Return On Assets (%)-17.39-9.78-3.42-7.51-0.04
Long Term Debt / Equity (X)-0.652.510.000.000.00
Total Debt / Equity (X)-2.7720.043.222.501.81
Asset Turnover Ratio (%)0.210.150.220.190.41
Current Ratio (X)0.880.960.940.990.97
Quick Ratio (X)0.870.950.930.980.96
Inventory Turnover Ratio (X)19.6714.0718.0314.8940.56
Interest Coverage Ratio (X)-0.50-0.570.25-0.940.83
Interest Coverage Ratio (Post Tax) (X)-0.70-0.220.35-0.610.96
Enterprise Value (Cr.)1945.271838.622161.921865.001888.31
EV / Net Operating Revenue (X)1.922.281.771.640.70
EV / EBITDA (X)-8.57-8.0529.44-7.438.12
MarketCap / Net Operating Revenue (X)0.240.410.480.270.05
Price / BV (X)-0.373.661.020.400.12
Price / Net Operating Revenue (X)0.240.410.480.270.05
EarningsYield-3.02-1.44-0.30-1.29-0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of BGR Energy Systems Ltd as of November 17, 2024 is: 298.35

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.

As of November 17, 2024, BGR Energy Systems Ltd is Undervalued by 731.06% compared to the current share price 35.90

Default values used*: Default value of 15 for Stock P/E is used, Default value of 15% for ROE is used

Intrinsic Value of BGR Energy Systems Ltd as of November 17, 2024 is: 109.00

Calculation basis:

  • Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 17, 2024, BGR Energy Systems Ltd is Undervalued by 203.62% compared to the current share price 35.90

Default values used*: Default value of 15 for Stock P/E is used, Default value of 15% for ROE is used

Last 5 Year EPS CAGR: -63.47%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Cash Conversion Cycle of -93.33, which is a positive sign.
  1. The stock has a low average ROCE of 3.42%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 310.25, which may not be favorable.
  3. The company has higher borrowings (2,187.23) compared to reserves (685.85), which may suggest financial risk.
  4. The company has not shown consistent growth in sales (137.15) and profit (-44.54).

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 BGR Energy Systems Ltd:
    1. Net Profit Margin: -75.15%
      • 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: 603.11% (Industry Average ROCE: 27.38%)
      • 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%: 0% (Industry Average ROE: 20.44%)
      • 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): -0.7
      • 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: 0.87
      • 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: 0 (Industry average Stock P/E: 32.63)
      • 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: -2.77
      • 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 - Qualitative Analysis

BGR Energy Systems Ltd. is a Public Limited Listed company incorporated on 18/02/1985 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L40106AP1985PLC005318 and registration number is 005318. Currently Company is involved in the business activities of Construction and maintenance of power plants. Company’s Total Operating Revenue is Rs. 1220.70 Cr. and Equity Capital is Rs. 72.16 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Engineering - GeneralNo. A-5, Pannamgadu Industrial Estate, Nellore District Andhra Pradesh 524401investors@bgrenergy.com
http://www.bgrcorp.com
Management
NamePosition Held
Mrs. Sasikala RaghupathyNon Executive Chairperson
Mr. Arjun Govind RaghupathyManaging Director
Mr. Sadasivam DeivanayagamIndependent Director
Mr. Krishnamoorthy MeyyanathanIndependent Director
Mr. Surulisubbu VasudevanIndependent Director
Mr. Jeyakrishna GanesanDirector

FAQ

What is the latest intrinsic value of BGR Energy Systems Ltd?

The latest intrinsic value of BGR Energy Systems Ltd as on 17 November 2024 is ₹298.35, which is 731.06% higher than the current market price of ₹35.90.

What is the Market Cap of BGR Energy Systems Ltd?

The Market Cap of BGR Energy Systems Ltd is 259 Cr..

What is the current Stock Price of BGR Energy Systems Ltd as on 17 November 2024?

The current stock price of BGR Energy Systems Ltd as on 17 November 2024 is ₹35.9.

What is the High / Low of BGR Energy Systems Ltd stocks in FY 2024?

In FY 2024, the High / Low of BGR Energy Systems Ltd stocks is 120/33.1.

What is the Stock P/E of BGR Energy Systems Ltd?

The Stock P/E of BGR Energy Systems Ltd is .

What is the Book Value of BGR Energy Systems Ltd?

The Book Value of BGR Energy Systems Ltd is 130.

What is the Dividend Yield of BGR Energy Systems Ltd?

The Dividend Yield of BGR Energy Systems Ltd is 0.00 %.

What is the ROCE of BGR Energy Systems Ltd?

The ROCE of BGR Energy Systems Ltd is 15.2 %.

What is the ROE of BGR Energy Systems Ltd?

The ROE of BGR Energy Systems Ltd is %.

What is the Face Value of BGR Energy Systems Ltd?

The Face Value of BGR Energy Systems 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 BGR Energy Systems 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