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Last Updated on: 22 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Bombay Oxygen Investments Ltd

Basic Stock Data

Last Updated: May 22, 2024, 6:51 pm

Market Cap 286 Cr.
Current Price 19,075
High / Low24,618/9,811
Stock P/E4.97
Book Value 30,845
Dividend Yield0.08 %
ROCE17.7 %
ROE14.5 %
Face Value 100
PEG Ratio0.07

Data Source: screener.in

Competitors of Bombay Oxygen Investments Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Jindal Poly Investment & Finance Company Ltd 811 Cr. 768844/4492.27 2,3340.00 %21.0 %11.8 % 10.0
5Paisa Capital Ltd 1,780 Cr. 571759/28528.2 1610.00 %12.4 %10.6 % 10.0
Welspun Investments & Commercials Ltd 274 Cr. 751935/30098.7 1,2520.00 %1.15 %0.86 % 10.0
Anjani Finance Ltd 11.3 Cr. 11.220.2/6.812.88 23.00.00 %9.68 %33.2 % 10.0
Avonmore Capital & Management Services Ltd 306 Cr. 131141/61.924.6 1240.00 %45.4 %47.7 % 10.0
Industry Average636.46 Cr446.4431.33778.800.00%17.93%20.83%10.00

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales11.1914.9219.911.14-2.63-15.4917.457.13-6.4721.8014.0722.3212.66
Expenses0.470.470.470.460.480.410.420.420.430.410.390.400.62
Operating Profit10.7214.4519.440.68-3.11-15.9017.036.71-6.9021.3913.6821.9212.04
OPM %95.80%96.85%97.64%59.65%97.59%94.11%98.12%97.23%98.21%95.10%
Other Income0.060.000.010.010.270.000.050.004.220.000.000.011.37
Interest0.000.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation0.050.050.050.050.050.040.040.050.050.050.050.050.05
Profit before tax10.7314.4019.400.64-2.89-15.9417.046.66-2.7321.3413.6321.8813.36
Tax %7.92%11.11%10.21%-4.69%2.42%10.92%10.33%9.76%21.25%8.29%12.99%20.16%34.96%
Net Profit9.8812.8117.420.67-2.83-14.2015.286.02-2.1619.5711.8617.478.69
EPS in Rs658.67854.001,161.3344.67-188.67-946.671,018.67401.33-144.001,304.67790.671,164.67579.33

Last Updated: May 11, 2024, 12:49 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 26, 2024, 1:13 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3729191718221126133352
Expenses35332424247134252222
Operating Profit1-5-5-6-7-6-118-225931150
OPM %3%-16%-25%-37%-39%-383%-703%68%-900%97%94%36%97%
Other Income3-152091413-127044
Interest0-000000000000
Depreciation4333300000000
Profit before tax1-9-311-0826-206532554
Tax %-52%24%2%33%179%24%25%-12%2%11%11%2%
Net Profit1-7-380617-205828547
EPS in Rs74.00-446.00-178.67513.3325.33415.3392.00454.00-1,314.673,886.001,871.33328.003,116.01
Dividend Payout %27%-1%0%2%39%5%11%2%-1%1%1%5%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-800.00%57.14%366.67%-100.00%-83.33%600.00%-385.71%390.00%-51.72%-82.14%
Change in YoY Net Profit Growth (%)0.00%857.14%309.52%-466.67%16.67%683.33%-985.71%775.71%-441.72%-30.42%

Growth

Compounded Sales Growth
10 Years:-21%
5 Years:11%
3 Years:2%
TTM:701%
Compounded Profit Growth
10 Years:8%
5 Years:17%
3 Years:27%
TTM:995%
Stock Price CAGR
10 Years:14%
5 Years:-2%
3 Years:-7%
1 Year:69%
Return on Equity
10 Years:3%
5 Years:5%
3 Years:9%
Last Year:0%

Last Updated: April 15, 2024, 11:06 am

Balance Sheet

Last Updated: May 8, 2024, 10:08 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital2222222222222
Reserves200193190198198217209220172301324331400
Borrowings0000000000000
Other Liabilities13121113121765110121324
Total Liabilities215206203212211236216226175312338346425
Fixed Assets4541383532298877777
CWIP0000000000000
Investments575268165166196195210158297324333403
Other Assets11311397121311129987615
Total Assets215206203212211236216226175312338346425

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity -3-4-5-85-5-3-2-2-3-5-2
Cash from Investing Activity 4458-45331352
Cash from Financing Activity -0-0-0-0-0-0-0-0-0-0-0-0
Net Cash Flow1-0-0-00-0-00-00-00

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow1.00-5.00-5.00-6.00-7.00-6.00-11.008.00-22.0059.0031.001.00

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 Days61709884753264419713565
Inventory Days85158473425
Days Payable620407195104167
Cash Conversion Cycle617098315252864-58-143713565
Working Capital Days1,0351,30797293861,472-592447482962828
ROCE %-0%-3%-2%8%-5%3%-2%3%-11%25%10%0%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters73.29%73.29%73.29%73.29%73.29%73.29%73.29%73.29%73.29%73.29%73.29%73.29%
DIIs0.06%0.06%0.06%0.06%0.06%0.06%0.06%0.06%0.06%0.06%0.06%0.06%
Public26.65%26.65%26.65%26.65%26.65%26.65%26.65%26.65%26.64%26.64%26.63%26.64%
No. of Shareholders2,6622,8912,8832,8983,0062,9882,8632,9722,9152,9062,8802,831

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
FaceValue100.00100.00100.00100.00100.00
Basic EPS (Rs.)328.311871.233885.80-1314.69454.19
Diluted EPS (Rs.)328.311871.233885.80-1314.69454.19
Cash EPS (Rs.)340.841883.903898.78-1301.15473.19
Book Value[Excl.RevalReserv]/Share (Rs.)22182.0121723.1920141.8911573.4814740.18
Book Value[Incl.RevalReserv]/Share (Rs.)22182.0121723.1920141.8911573.4814740.18
Dividend / Share (Rs.)15.0020.0020.0010.0010.00
Revenue From Operations / Share (Rs.)174.532223.114061.4143.8982.46
PBDIT / Share (Rs.)347.172116.544376.25-1322.36510.90
PBIT / Share (Rs.)334.632103.874363.26-1335.90491.89
PBT / Share (Rs.)334.632103.874363.26-1335.90491.89
Net Profit / Share (Rs.)328.301871.223885.80-1314.69454.18
PBDIT Margin (%)198.9195.20107.75-3012.68619.57
PBIT Margin (%)191.7394.63107.43-3043.52596.52
PBT Margin (%)191.7394.63107.43-3043.52596.52
Net Profit Margin (%)188.1084.1795.67-2995.20550.79
Return on Networth / Equity (%)1.488.6119.29-11.353.08
Return on Capital Employeed (%)1.459.3420.99-11.493.32
Return On Assets (%)1.428.3018.66-11.273.01
Asset Turnover Ratio (%)0.010.100.250.000.01
Current Ratio (X)1528.361414.78539.42294.844.61
Quick Ratio (X)1528.361414.78539.42294.844.61
Dividend Payout Ratio (NP) (%)6.091.060.25-0.762.20
Dividend Payout Ratio (CP) (%)5.861.060.25-0.762.11
Earning Retention Ratio (%)93.9198.9499.75100.7697.80
Cash Earning Retention Ratio (%)94.1498.9499.75100.7697.89
Enterprise Value (Cr.)154.11194.17163.13139.83329.47
EV / Net Operating Revenue (X)58.875.822.68212.38266.36
EV / EBITDA (X)29.596.122.48-7.0542.99
MarketCap / Net Operating Revenue (X)58.925.842.71216.43268.31
Retention Ratios (%)93.9098.9399.74100.7697.79
Price / BV (X)0.460.590.540.821.50
Price / Net Operating Revenue (X)58.925.842.71216.45268.31
EarningsYield0.030.140.35-0.130.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: ₹22,246.23

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: 16.63% compared to the current price ₹19075

Intrinsic Value: ₹30,693.79

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: 60.91% compared to the current price ₹19075

Last 5 Year EPS CAGR: 37.97%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (251.17 cr) compared to borrowings (0.00 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (22.00 cr) and profit (11.69 cr) over the years.
  1. The stock has a low average ROCE of 2.17%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 189.42, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 133.58, 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 Bombay Oxygen Investments Ltd:
    1. Net Profit Margin: 188.10%
      • 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: 1.45% (Industry Average ROCE: 7.09%)
      • 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%: 1.48% (Industry Average ROE: 7.57%)
      • 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): N/A
      • 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: 1528.36
      • 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: 4.97 (Industry average Stock P/E: 19.96)
      • 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: N/A
      • 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

Bombay Oxygen Investments Ltd. is a Public Limited Listed company incorporated on 03/10/1960 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65100MH1960PLC011835 and registration number is 011835. 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. 33.35 Cr. and Equity Capital is Rs. 1.50 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Non-Banking Financial Company (NBFC)22/B, Mittal Tower, Mumbai Maharashtra 400021contact@bomoxy.com
http://www.bomoxy.com
Management
NamePosition Held
Mr. Shyam M RuiaChairman
Ms. Hema RenganathanWhole Time Director
Mr. Vikas M JainDirector
Mr. Mohanbir SinghDirector
Mr. Nirmal P JhunjhunwalaDirector
Mrs. Aruna K KanoriaDirector

FAQ

What is the latest fair value of Bombay Oxygen Investments Ltd?

The latest fair value of Bombay Oxygen Investments Ltd is ₹22246.23.

What is the Market Cap of Bombay Oxygen Investments Ltd?

The Market Cap of Bombay Oxygen Investments Ltd is 286 Cr..

What is the current Stock Price of Bombay Oxygen Investments Ltd as on 22 May 2024?

The current stock price of Bombay Oxygen Investments Ltd as on 22 May 2024 is ₹19,075.

What is the High / Low of Bombay Oxygen Investments Ltd stocks in FY 2024?

In FY 2024, the High / Low of Bombay Oxygen Investments Ltd stocks is ₹24,618/9,811.

What is the Stock P/E of Bombay Oxygen Investments Ltd?

The Stock P/E of Bombay Oxygen Investments Ltd is 4.97.

What is the Book Value of Bombay Oxygen Investments Ltd?

The Book Value of Bombay Oxygen Investments Ltd is 30,845.

What is the Dividend Yield of Bombay Oxygen Investments Ltd?

The Dividend Yield of Bombay Oxygen Investments Ltd is 0.08 %.

What is the ROCE of Bombay Oxygen Investments Ltd?

The ROCE of Bombay Oxygen Investments Ltd is 17.7 %.

What is the ROE of Bombay Oxygen Investments Ltd?

The ROE of Bombay Oxygen Investments Ltd is 14.5 %.

What is the Face Value of Bombay Oxygen Investments Ltd?

The Face Value of Bombay Oxygen Investments Ltd is 100.

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 Oxygen Investments 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