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

Fundamental Analysis of Bombay Dyeing & Manufacturing Company Ltd

About the Company - Bombay Dyeing & Manufacturing Company Ltd

Bombay Dyeing & Manufacturing Company Ltd. is a Public Limited Listed company incorporated on 23/08/1879 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L17120MH1879PLC000037 and registration number is 000037. Currently Company is involved in the business activities of Retail sale of textiles in specialized stores. Company’s Total Operating Revenue is Rs. 2000.92 Cr. and Equity Capital is Rs. 41.31 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Processing/TexturisingNeville House, J N Heredia Marg, Mumbai Maharashtra 400001grievance_redressal_cell@bombaydyeing.com
http://www.bombaydyeing.com
Management
NamePosition Held
Mr. Nusli N WadiaChairman
Mr. Rajesh BatraDirector
Mr. Ness N WadiaDirector
Mr. V K JairathDirector
Mr. Keki M ElaviaDirector
Dr.(Mrs.) Minnie BodhanwalaDirector
Mr. Sunil S LalbhaiDirector
Mr. Chandra IyengarDirector

Basic Stock Data of Bombay Dyeing & Manufacturing Company Ltd

Last Updated: May 15, 2024, 7:42 am

Market Cap 3,421 Cr.
Current Price 166
High / Low195/78.7
Stock P/E
Book Value 89.4
Dividend Yield0.00 %
ROCE1.44 %
ROE103 %
Face Value 2.00
PEG Ratio0.00

Bombay Dyeing & Manufacturing Company Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales386499381496526598606745652670498441369
Expenses358452378469476528594737612766495425393
Operating Profit2847327517013840-95315-24
OPM %7%9%1%5%10%12%2%1%6%-14%1%4%-7%
Other Income1091514-1661040366216823,898
Interest14515113414014010912112913913511514858
Depreciation8988888889888
Profit before tax-115-103-125-107-264-37-76-93-101-219-113-593,807
Tax %28%-61%14%13%18%-12%-1%-0%0%-12%-6%11%20%
Net Profit-82-167-108-93-217-42-77-93-101-246-120-523,054
EPS in Rs-3.99-8.07-5.23-4.52-10.52-2.02-3.72-4.51-4.87-11.92-5.80-2.52147.86

Last Updated: May 7, 2024, 8:55 am

Bombay Dyeing & Manufacturing Company Ltd Quarterly Chart

Bombay Dyeing & Manufacturing Company Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2,2252,3252,6542,3761,8431,9242,6624,4301,8951,1932,0012,6742,261
Expenses1,9622,0342,4102,1221,6511,6912,0772,7201,5661,1671,8502,7082,297
Operating Profit2632912442541922325851,71032826151-35-37
OPM %12%13%9%11%10%12%22%39%17%2%8%-1%-2%
Other Income544440553949-106455089-129102115
Interest181175191227283368413489554588524523536
Depreciation61626047343230303334333333
Profit before tax75983335-85-119371,236-209-507-534-489-491
Tax %21%23%27%30%0%-25%7%0%257%7%14%-6%
Net Profit59762425-85-148341,230328-469-460-517-519
EPS in Rs2.873.671.181.19-4.13-7.181.6759.5515.87-22.71-22.29-25.01-25.11
Dividend Payout %35%27%68%67%-12%-10%60%3%1%0%0%0%

Bombay Dyeing & Manufacturing Company Ltd Profit & Loss Yearly Chart

Bombay Dyeing & Manufacturing Company Ltd Growth

Compounded Sales Growth
10 Years:-4%
5 Years:-18%
3 Years:12%
TTM:-37%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:13%
TTM:43%
Stock Price CAGR
10 Years:10%
5 Years:7%
3 Years:31%
1 Year:125%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:-103%

Last Updated: May 15, 2024, 7:42 am

Bombay Dyeing & Manufacturing Company Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital41414141414141414141414141
Reserves1,7511,6461,4221,5311,27129459513918-237-800-1,315-1,378
Preference Capital000000040000
Borrowings1,2951,2481,4351,7262,4312,5422,8033,9684,1534,1724,4423,6423,578
Other Liabilities5008508656956507617071,030586661545624774
Total Liabilities3,5883,7853,7643,9934,3933,6384,1475,1784,7984,6374,2292,9923,016
Fixed Assets929908858838590572556528521488466442352
CWIP10212715375727574511001
Investments56565656567739501,062376473366193302
Other Assets2,5012,6942,6963,0243,6752,2182,5663,5843,9003,6753,3962,3562,361
Total Assets3,5883,7853,7643,9934,3933,6384,1475,1784,7984,6374,2292,9923,016

Bombay Dyeing & Manufacturing Company Ltd Reserves and Borrowings Chart

Bombay Dyeing & Manufacturing Company Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 102323-1445-435169-451-738100604522861
Cash from Investing Activity 4-654-8742120559982711416177
Cash from Financing Activity -104-232-130404-254-154654-398-591-268-1,320
Net Cash Flow226-11-121136-4714-27153260-282

Bombay Dyeing & Manufacturing Company Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days34274147262990138200543611
Inventory Days3151422452591491265748221,25249019469
Days Payable1441261661131261081361042369164101
Cash Conversion Cycle2054212019348475278551,217453166-21
Working Capital Days107461021381821519550140829711017
ROCE %9%8%8%5%9%19%45%8%1%6%1%

Bombay Dyeing & Manufacturing Company Ltd Financial Efficiency Indicators Chart

Bombay Dyeing & Manufacturing Company Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters53.66%53.66%53.57%53.66%53.66%53.67%53.67%53.60%53.60%53.60%53.58%53.58%
FIIs0.03%0.13%0.44%0.52%0.60%0.58%0.14%0.36%1.39%0.98%0.97%1.92%
DIIs3.76%3.72%0.49%0.37%0.34%2.50%2.06%1.96%1.72%1.54%1.27%1.42%
Public42.55%42.49%45.50%45.45%45.40%43.25%44.16%44.10%43.31%43.90%44.18%43.06%
No. of Shareholders1,53,7751,65,1251,53,1361,54,5691,51,4481,54,9601,57,6261,56,4531,40,7261,48,1231,45,5431,35,374

Bombay Dyeing & Manufacturing Company Ltd Shareholding Pattern Chart

No. of Bombay Dyeing & Manufacturing Company Ltd Shareholders

Bombay Dyeing & Manufacturing Company Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Motilal Oswal Nifty Microcap 250 Index Fund788690.291.13

Bombay Dyeing & Manufacturing Company Ltd ROCE Trend

Bombay Dyeing & Manufacturing Company Ltd EPS Trend

Bombay Dyeing & Manufacturing Company Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)-25.02-22.29-22.7115.8759.46
Diluted EPS (Rs.)-25.02-22.29-22.7115.8759.46
Cash EPS (Rs.)-23.41-20.70-21.0917.4360.90
Book Value[Excl.RevalReserv]/Share (Rs.)-61.64-36.66-9.432.928.83
Book Value[Incl.RevalReserv]/Share (Rs.)-61.64-36.66-9.432.928.83
Revenue From Operations / Share (Rs.)129.4596.8757.7891.73214.46
PBDIT / Share (Rs.)3.2812.372.8018.2984.79
PBIT / Share (Rs.)1.6710.781.1716.6983.35
PBT / Share (Rs.)-23.65-25.87-24.52-10.1259.83
Net Profit / Share (Rs.)-25.02-22.29-22.7215.8259.46
NP After MI And SOA / Share (Rs.)-25.02-22.29-22.7115.8760.12
PBDIT Margin (%)2.5312.764.8419.9439.53
PBIT Margin (%)1.2811.122.0118.1938.86
PBT Margin (%)-18.27-26.70-42.44-11.0327.89
Net Profit Margin (%)-19.33-23.01-39.3217.2527.72
NP After MI And SOA Margin (%)-19.32-23.00-39.3017.3028.03
Return on Networth / Equity (%)0.000.000.00377.11594.12
Return on Capital Employeed (%)2.399.211.0310.0748.06
Return On Assets (%)-17.25-10.88-10.116.8123.96
Long Term Debt / Equity (X)-2.16-4.31-14.8438.3416.12
Total Debt / Equity (X)-2.92-6.07-20.1547.3618.87
Asset Turnover Ratio (%)0.740.450.250.370.95
Current Ratio (X)1.031.441.292.392.17
Quick Ratio (X)0.320.440.400.640.79
Inventory Turnover Ratio (X)0.880.600.240.390.90
Dividend Payout Ratio (NP) (%)0.000.00-0.949.451.66
Dividend Payout Ratio (CP) (%)0.000.00-1.018.581.62
Earning Retention Ratio (%)0.000.00100.9490.5598.34
Cash Earning Retention Ratio (%)0.000.00101.0191.4298.38
Interest Coverage Ratio (X)0.120.480.090.683.58
Interest Coverage Ratio (Post Tax) (X)0.010.560.101.593.50
Enterprise Value (Cr.)4603.185981.504577.874993.156633.84
EV / Net Operating Revenue (X)1.722.993.842.641.50
EV / EBITDA (X)67.9823.4279.2213.213.79
MarketCap / Net Operating Revenue (X)0.431.021.210.490.62
Retention Ratios (%)0.000.00100.9490.5498.33
Price / BV (X)-0.94-2.78-8.6110.8813.35
Price / Net Operating Revenue (X)0.431.021.210.490.62
EarningsYield-0.44-0.22-0.320.340.44

Bombay Dyeing & Manufacturing Company Ltd Profitability Ratios (%)

Bombay Dyeing & Manufacturing Company Ltd Liquidity Ratios

Bombay Dyeing & Manufacturing Company Ltd Liquidity Ratios (%)

Bombay Dyeing & Manufacturing Company Ltd Interest Coverage Ratios (%)

Bombay Dyeing & Manufacturing Company Ltd Valuation Ratios

Fair Value

Fair Value: ₹1,408.85

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.

Undervalued: 748.71% compared to the current price ₹166

Default values used*: Deafault value of 15 for Stock P/E is used

Intrinsic Value: ₹667.20

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.

Undervalued: 301.93% compared to the current price ₹166

Default values used*: Deafault value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -52.64%

*Investments are subject to market risks

Strength and Weakness of Bombay Dyeing & Manufacturing Company Ltd Stock

StrengthWeakness
  1. The company has higher reserves (379.77 cr) compared to borrowings (0.31 cr), indicating strong financial stability.
  1. The stock has a low average ROCE of 9.92%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 179.50, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 219.67, which may not be favorable.
  4. The company has not shown consistent growth in sales (1.85) and profit (-165.77).

FAQ

What is the latest fair value of Bombay Dyeing & Manufacturing Company Ltd?

The latest fair value of Bombay Dyeing & Manufacturing Company Ltd is ₹1408.85.

What is the Market Cap of Bombay Dyeing & Manufacturing Company Ltd?

The Market Cap of Bombay Dyeing & Manufacturing Company Ltd is 3,421 Cr..

What is the current Stock Price of Bombay Dyeing & Manufacturing Company Ltd as on 19 May 2024?

The current stock price of Bombay Dyeing & Manufacturing Company Ltd as on 19 May 2024 is 166.

What is the High / Low of Bombay Dyeing & Manufacturing Company Ltd stocks in FY 2024?

In FY 2024, the High / Low of Bombay Dyeing & Manufacturing Company Ltd stocks is ₹195/78.7.

What is the Stock P/E of Bombay Dyeing & Manufacturing Company Ltd?

The Stock P/E of Bombay Dyeing & Manufacturing Company Ltd is .

What is the Book Value of Bombay Dyeing & Manufacturing Company Ltd?

The Book Value of Bombay Dyeing & Manufacturing Company Ltd is 89.4.

What is the Dividend Yield of Bombay Dyeing & Manufacturing Company Ltd?

The Dividend Yield of Bombay Dyeing & Manufacturing Company Ltd is 0.00 %.

What is the ROCE of Bombay Dyeing & Manufacturing Company Ltd?

The ROCE of Bombay Dyeing & Manufacturing Company Ltd is 1.44 %.

What is the ROE of Bombay Dyeing & Manufacturing Company Ltd?

The ROE of Bombay Dyeing & Manufacturing Company Ltd is 103 %.

What is the Face Value of Bombay Dyeing & Manufacturing Company Ltd?

The Face Value of Bombay Dyeing & Manufacturing Company Ltd is 2.00.

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 Bombay Dyeing & Manufacturing Company 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