Fundamental Analysis of Bombay Super Hybrid Seeds Ltd

About the Company - Bombay Super Hybrid Seeds Ltd

Bombay Super Hybrid Seeds Ltd. is a Public Limited Listed company incorporated on 01/04/2014 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L01132GJ2014PLC080273 and registration number is 080273. Currently Company is involved in the business activities of Growing of groundnut oil seed. Company’s Total Operating Revenue is Rs. 193.80 Cr. and Equity Capital is Rs. 10.49 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Agricultural Products	Shreenathji Industrial Estate, Rajkot Dist. Gujarat 360023	info@bombaysuper.in http://www.bombaysuperseeds.com

Management
Name	Position Held
Mr. Arvindkumar Kakadia	Chairman & Managing Director
Mr. Kiritkumar Kakadia	Executive Director & CFO
Mr. Hemang Baxi	Executive Director
Mr. Kishorkumar Kakadia	Executive Director
Mr. Jadavjibhai Kakadia	Executive Director
Mr. Dharmesh Chotai	Ind. Non-Executive Director
Mr. Amit Gadhiya	Ind. Non-Executive Director
Mr. Hardik Patel	Ind. Non-Executive Director
Mrs. Richa Kaushal Mashru	Ind. Non-Executive Director
Mr. Harshil Vasani	Ind. Non-Executive Director

Basic Stock Data of Bombay Super Hybrid Seeds Ltd

Last Updated: July 26, 2024, 10:55 pm

Market Cap	2,090 Cr.
Current Price	199
High / Low	302/183
Stock P/E	94.1
Book Value	7.46
Dividend Yield	0.00 %
ROCE	23.9 %
ROE	33.0 %
Face Value	1.00
PEG Ratio	1.84

Data Source: screener.in

Bombay Super Hybrid Seeds Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	51.80	28.21	84.16	17.18	62.79	29.67	102.16	21.02	68.96	35.78	116.67	33.76	76.34
Expenses	49.28	25.32	77.41	16.09	59.44	27.07	93.29	19.65	61.00	32.45	103.87	30.84	67.12
Operating Profit	2.52	2.89	6.75	1.09	3.35	2.60	8.87	1.37	7.96	3.33	12.80	2.92	9.22
OPM %	4.86%	10.24%	8.02%	6.34%	5.34%	8.76%	8.68%	6.52%	11.54%	9.31%	10.97%	8.65%	12.08%
Other Income	0.08	0.18	0.09	0.29	0.19	-0.11	0.03	0.07	0.21	0.37	0.03	0.07	0.14
Interest	0.19	0.80	0.45	0.17	0.33	0.95	0.73	0.19	0.73	1.38	1.25	0.88	0.99
Depreciation	0.38	0.55	0.44	0.45	0.45	-0.02	0.35	0.29	0.35	0.36	0.37	0.37	0.38
Profit before tax	2.03	1.72	5.95	0.76	2.76	1.56	7.82	0.96	7.09	1.96	11.21	1.74	7.99
Tax %	21.67%	-7.56%	1.68%	21.05%	2.90%	11.54%	5.88%	10.42%	6.21%	2.55%	5.17%	9.77%	13.89%
Net Profit	1.59	1.85	5.85	0.60	2.68	1.38	7.36	0.86	6.65	1.91	10.64	1.57	6.88
EPS in Rs	0.15	0.18	0.56	0.06	0.26	0.13	0.70	0.08	0.63	0.18	1.01	0.15	0.66

Last Updated: July 11, 2024, 10:04 am

Bombay Super Hybrid Seeds Ltd Quarterly Chart

Bombay Super Hybrid Seeds Ltd Profit & Loss

Last Updated: July 10, 2024, 3:50 pm

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	31	63	110	82	75	103	171	191	228	255
Expenses	30	62	108	79	70	97	162	178	206	228
Operating Profit	1	1	1	3	4	6	9	14	22	27
OPM %	3%	2%	1%	4%	6%	6%	5%	7%	9%	11%
Other Income	0	0	1	0	0	0	0	0	1	1
Interest	1	1	1	1	1	1	1	2	3	4
Depreciation	0	0	0	1	1	2	2	1	1	1
Profit before tax	0	0	1	2	3	3	6	11	18	22
Tax %	62%	37%	34%	35%	26%	23%	5%	5%	6%
Net Profit	0	0	1	1	2	3	6	10	17	21
EPS in Rs	0.01	0.05	0.16	0.15	0.20	0.25	0.55	1.00	1.60	1.97
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%

Bombay Super Hybrid Seeds Ltd Profit & Loss Yearly Chart

Bombay Super Hybrid Seeds Ltd Growth

Compounded Sales Growth
10 Years:	%
5 Years:	28%
3 Years:	15%
TTM:	13%

Compounded Profit Growth
10 Years:	%
5 Years:	62%
3 Years:	57%
TTM:	33%

Stock Price CAGR
10 Years:	%
5 Years:	91%
3 Years:	84%
1 Year:	-32%

Return on Equity
10 Years:	%
5 Years:	29%
3 Years:	33%
Last Year:	33%

Last Updated: July 26, 2024, 5:25 pm

Bombay Super Hybrid Seeds Ltd Balance Sheet

Last Updated: July 11, 2024, 10:04 am

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	2	3	3	5	7	8	10	10	10	10
Reserves	0	0	1	3	14	15	18	29	46	58
Borrowings	6	7	12	16	13	16	30	39	53	22
Other Liabilities	1	4	4	7	4	8	13	19	24	18
Total Liabilities	8	15	20	31	38	47	73	98	133	108
Fixed Assets	2	3	5	4	9	9	8	7	9	8
CWIP	0	0	0	3	0	0	0	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0
Other Assets	7	12	15	24	29	38	64	91	124	100
Total Assets	8	15	20	31	38	47	73	98	133	108

Bombay Super Hybrid Seeds Ltd Reserves and Borrowings Chart

Bombay Super Hybrid Seeds Ltd Cash Flow

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	1	-2	-5	-0	-8	-12	-8	12
Cash from Investing Activity	-3	-2	-3	-1	-1	-0	-3	-2
Cash from Financing Activity	2	5	7	1	14	7	10	-9
Net Cash Flow	-0	2	-2	0	5	-5	-0	0

Bombay Super Hybrid Seeds Ltd Financial Efficiency Indicators

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	17	15	12	19	15	25	16	31	14
Inventory Days	55	50	30	71	143	121	169	281	497
Days Payable	3	12	8	13	5	6	7	30	51
Cash Conversion Cycle	70	52	34	76	152	140	179	282	460
Working Capital Days	67	41	34	67	118	106	100	139	163
ROCE %		10%	15%	14%	13%	13%	15%	19%	22%

Bombay Super Hybrid Seeds Ltd Financial Efficiency Indicators Chart

Bombay Super Hybrid Seeds Ltd Share Holding Pattern

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoters	73.13%	73.13%	73.19%	73.19%	73.27%	73.27%	73.80%	73.81%	73.81%	73.81%	73.81%	73.85%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%
Public	26.87%	26.87%	26.81%	26.80%	26.73%	26.74%	26.20%	26.19%	26.19%	26.19%	26.19%	26.15%
No. of Shareholders	1,054	1,306	1,294	2,004	1,760	3,963	8,915	14,611	14,706	16,010	16,468	16,437

Bombay Super Hybrid Seeds Ltd Shareholding Pattern Chart

No. of Bombay Super Hybrid Seeds Ltd Shareholders

This stock is not held by any mutual fund

Bombay Super Hybrid Seeds Ltd ROCE Trend

Bombay Super Hybrid Seeds Ltd EPS Trend

Bombay Super Hybrid Seeds Ltd Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	10.00	10.00	10.00
Basic EPS (Rs.)	2.10	1.61	10.06	5.33	3.74
Diluted EPS (Rs.)	2.10	1.61	10.06	5.33	3.74
Cash EPS (Rs.)	2.25	1.73	11.26	7.12	5.42
Book Value[Excl.RevalReserv]/Share (Rs.)	7.46	5.37	37.63	27.57	29.66
Book Value[Incl.RevalReserv]/Share (Rs.)	7.46	5.37	37.63	27.57	29.66
Revenue From Operations / Share (Rs.)	24.48	21.72	184.68	163.28	131.19
PBDIT / Share (Rs.)	2.81	2.12	13.56	8.66	7.87
PBIT / Share (Rs.)	2.68	1.99	12.31	7.07	5.83
PBT / Share (Rs.)	2.24	1.70	10.51	5.82	4.40
Net Profit / Share (Rs.)	2.12	1.60	10.01	5.53	3.38
PBDIT Margin (%)	11.46	9.74	7.34	5.30	6.00
PBIT Margin (%)	10.93	9.15	6.66	4.32	4.44
PBT Margin (%)	9.15	7.82	5.68	3.56	3.35
Net Profit Margin (%)	8.64	7.36	5.41	3.38	2.58
Return on Networth / Equity (%)	28.38	29.78	26.59	20.04	11.41
Return on Capital Employeed (%)	35.32	35.58	31.46	23.00	17.29
Return On Assets (%)	13.69	12.62	10.75	7.97	5.67
Long Term Debt / Equity (X)	0.01	0.01	0.00	0.06	0.09
Total Debt / Equity (X)	0.61	0.93	0.99	1.05	0.64
Asset Turnover Ratio (%)	1.74	1.98	2.27	2.87	2.42
Current Ratio (X)	1.87	1.67	1.59	1.58	1.86
Quick Ratio (X)	0.16	0.13	0.36	0.39	0.45
Interest Coverage Ratio (X)	6.44	7.34	7.51	6.95	5.49
Interest Coverage Ratio (Post Tax) (X)	5.86	6.54	6.55	5.44	3.36
Enterprise Value (Cr.)	2381.63	3911.29	451.30	172.02	99.66
EV / Net Operating Revenue (X)	9.27	17.16	2.33	1.00	0.96
EV / EBITDA (X)	80.90	176.14	31.71	18.93	16.09
MarketCap / Net Operating Revenue (X)	9.09	16.93	2.13	0.85	0.82
Price / BV (X)	29.81	68.49	10.43	5.07	3.64
Price / Net Operating Revenue (X)	9.09	16.93	2.13	0.85	0.82
EarningsYield	0.01	0.00	0.02	0.03	0.03

Bombay Super Hybrid Seeds Ltd Profitability Ratios (%)

Bombay Super Hybrid Seeds Ltd Liquidity Ratios

Bombay Super Hybrid Seeds Ltd Liquidity Ratios (%)

Bombay Super Hybrid Seeds Ltd Interest Coverage Ratios (%)

Bombay Super Hybrid Seeds Ltd Valuation Ratios

Fair Value

Fair Value: 236.29

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: 18.74% compared to the current price 199

Intrinsic Value: 357.07

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: 79.43% compared to the current price 199

Last 5 Year EPS CAGR: 51.11%

*Investments are subject to market risks

Strength and Weakness of Bombay Super Hybrid Seeds Ltd Stock

Strength	Weakness
The company has shown consistent growth in sales (130.90 cr) and profit (6.60 cr) over the years.	The stock has a low average ROCE of 13.44%, which may not be favorable. The stock has a high average Working Capital Days of 92.78, which may not be favorable. The stock has a high average Cash Conversion Cycle of 160.56, which may not be favorable. The company has higher borrowings (24.00) compared to reserves (19.40), which may suggest financial risk.

FAQ

What is the latest fair value of Bombay Super Hybrid Seeds Ltd?

The latest fair value of Bombay Super Hybrid Seeds Ltd is ₹236.29.

What is the Market Cap of Bombay Super Hybrid Seeds Ltd?

The Market Cap of Bombay Super Hybrid Seeds Ltd is 2,090 Cr..

What is the current Stock Price of Bombay Super Hybrid Seeds Ltd as on 27 July 2024?

The current stock price of Bombay Super Hybrid Seeds Ltd as on 27 July 2024 is 199.

What is the High / Low of Bombay Super Hybrid Seeds Ltd stocks in FY 2024?

In FY 2024, the High / Low of Bombay Super Hybrid Seeds Ltd stocks is 302/183.

What is the Stock P/E of Bombay Super Hybrid Seeds Ltd?

The Stock P/E of Bombay Super Hybrid Seeds Ltd is 94.1.

What is the Book Value of Bombay Super Hybrid Seeds Ltd?

The Book Value of Bombay Super Hybrid Seeds Ltd is 7.46.

What is the Dividend Yield of Bombay Super Hybrid Seeds Ltd?

The Dividend Yield of Bombay Super Hybrid Seeds Ltd is 0.00 %.

What is the ROCE of Bombay Super Hybrid Seeds Ltd?

The ROCE of Bombay Super Hybrid Seeds Ltd is 23.9 %.

What is the ROE of Bombay Super Hybrid Seeds Ltd?

The ROE of Bombay Super Hybrid Seeds Ltd is 33.0 %.

What is the Face Value of Bombay Super Hybrid Seeds Ltd?

The Face Value of Bombay Super Hybrid Seeds Ltd is 1.00.