Caprihans India Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 19, 2024, 8:50 pm

Market Cap	204 Cr.
Current Price	155
High / Low	239/131
Stock P/E
Book Value	337
Dividend Yield	0.00 %
ROCE	1.54 %
ROE	15.2 %
Face Value	10.0
PEG Ratio	0.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Dutron Polymers Ltd	99.9 Cr.	167	233/141	40.6	47.1	0.90 %	13.2 %	9.55 %	10.0
Captain Polyplast Ltd	435 Cr.	78.6	87.8/34.5	28.9	20.7	0.00 %	18.9 %	20.4 %	2.00
Captain Pipes Ltd	234 Cr.	15.8	24.5/14.0	53.6	1.89	0.00 %	25.0 %	17.4 %	1.00
Caprihans India Ltd	204 Cr.	155	239/131		337	0.00 %	1.54 %	15.2 %	10.0
Ashish Polyplast Ltd	18.4 Cr.	54.2	95.4/19.0	16.9	20.9	0.00 %	5.18 %	3.47 %	10.0
Industry Average	7,803.56 Cr	279.32		40.81	87.85	0.21%	13.61%	13.44%	7.57

All Competitor Stocks of

Quarterly Result

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	Jun 2024
Sales	87	93	99	240	239	240	231	226	171	179	163	191	182
Expenses	80	90	93	223	224	226	220	206	157	161	146	196	167
Operating Profit	6	3	6	17	15	14	11	20	14	18	17	-5	15
OPM %	7%	3%	7%	7%	6%	6%	5%	9%	8%	10%	11%	-3%	8%
Other Income	1	1	1	3	5	13	-3	124	5	3	4	5	4
Interest	0	0	0	17	16	16	16	11	20	20	21	22	21
Depreciation	1	1	1	9	8	8	9	8	10	10	10	13	11
Profit before tax	7	3	6	-6	-4	1	-17	125	-11	-10	-10	-34	-13
Tax %	25%	34%	21%	34%	13%	183%	-2%	25%	-4%	-3%	35%	-48%	41%
Net Profit	5	2	5	-7	-5	-1	-16	94	-11	-9	-14	-18	-18
EPS in Rs	3.83	1.43	3.84	-5.66	-3.83	-0.84	-12.44	71.76	-8.12	-7.15	-10.39	-13.64	-13.41

Last Updated: October 7, 2024, 8:25 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:48 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	221	242	253	239	233	249	269	289	297	798	937	704	715
Expenses	210	234	242	222	220	242	264	278	274	740	876	660	670
Operating Profit	11	8	11	17	13	6	5	12	23	58	60	44	46
OPM %	5%	3%	4%	7%	5%	3%	2%	4%	8%	7%	6%	6%	6%
Other Income	3	3	3	-2	6	3	4	5	8	11	138	16	15
Interest	0	0	0	1	1	0	1	1	1	69	60	83	84
Depreciation	3	4	3	4	3	3	3	4	4	34	33	43	44
Profit before tax	10	8	11	11	15	6	5	12	26	-34	105	-65	-67
Tax %	35%	35%	35%	49%	34%	29%	21%	23%	22%	17%	32%	-21%
Net Profit	7	5	7	5	10	4	4	9	20	-40	72	-52	-59
EPS in Rs	5.17	4.00	5.37	4.15	7.35	3.15	2.79	7.00	15.40	-30.13	54.64	-39.30	-44.59
Dividend Payout %	29%	38%	28%	36%	20%	48%	27%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-28.57%	40.00%	-28.57%	100.00%	-60.00%	0.00%	125.00%	122.22%	-300.00%	280.00%	-172.22%
Change in YoY Net Profit Growth (%)	0.00%	68.57%	-68.57%	128.57%	-160.00%	60.00%	125.00%	-2.78%	-422.22%	580.00%	-452.22%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	11%
5 Years:	21%
3 Years:	33%
TTM:	-10%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-131%

Stock Price CAGR
10 Years:	6%
5 Years:	30%
3 Years:	9%
1 Year:	-16%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	-15%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:37 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	13	13	13	13	13	13	13	13	13	13	13	13	13
Reserves	93	96	100	107	114	116	118	125	146	-318	341	290	429
Borrowings	0	0	0	0	0	0	0	0	0	683	840	960	757
Other Liabilities	35	36	38	44	27	34	33	44	45	479	227	154	184
Total Liabilities	140	145	151	164	155	164	163	183	204	856	1,421	1,417	1,384
Fixed Assets	20	17	16	16	17	19	21	20	20	456	1,029	976	908
CWIP	0	0	0	1	0	0	0	0	0	1	1	1	1
Investments	0	0	0	1	0	0	0	0	0	0	2	8	11
Other Assets	121	128	134	147	138	145	142	163	184	399	389	433	463
Total Assets	140	145	151	164	155	164	163	183	204	856	1,421	1,417	1,384

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	10	7	14	15	-8	1	-3	10	8	10	-53	-47
Cash from Investing Activity +	-3	-1	-4	-18	14	-7	9	-9	1	1	-38	10
Cash from Financing Activity +	-2	-2	-3	-3	-3	-3	-3	-2	-1	-15	90	37
Net Cash Flow	5	3	7	-6	4	-9	3	-1	9	-4	-1	1

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	11.00	8.00	11.00	17.00	13.00	6.00	5.00	12.00	23.00	-625.00	-780.00	-916.00

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

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	104	87	88	80	82	93	100	87	94	94	71	80
Inventory Days	67	78	57	88	86	82	71	103	103	87	44	81
Days Payable	41	38	60	84	51	60	51	70	62	94	73	70
Cash Conversion Cycle	130	126	84	85	117	116	119	120	135	86	42	91
Working Capital Days	110	103	88	84	113	111	113	107	116	-46	40	93
ROCE %	10%	8%	10%	16%	11%	5%	4%	8%	18%	13%	5%	2%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	71.66%	71.66%	71.66%	71.67%	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%	51.00%
DIIs	1.97%	0.04%	0.04%	0.03%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public	26.37%	28.30%	28.30%	28.31%	48.98%	48.98%	49.00%	48.99%	48.98%	48.98%	48.98%	48.98%
No. of Shareholders	8,004	7,791	7,884	7,356	7,304	7,249	7,315	7,431	7,504	7,661	7,694	7,718

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-39.31	54.64	12.79	15.40	7.00
Diluted EPS (Rs.)	-39.31	54.64	12.79	15.40	7.00
Cash EPS (Rs.)	-6.58	79.98	15.21	18.15	9.89
Book Value[Excl.RevalReserv]/Share (Rs.)	-100.18	-73.58	133.89	121.03	105.48
Book Value[Incl.RevalReserv]/Share (Rs.)	371.80	410.54	133.89	121.03	105.48
Revenue From Operations / Share (Rs.)	536.32	712.99	299.14	225.80	220.38
PBDIT / Share (Rs.)	47.16	54.31	20.41	23.21	12.63
PBIT / Share (Rs.)	14.42	28.97	17.99	20.46	9.74
PBT / Share (Rs.)	-49.76	80.19	17.24	19.77	9.13
Net Profit / Share (Rs.)	-39.31	54.64	12.79	15.40	7.00
PBDIT Margin (%)	8.79	7.61	6.82	10.28	5.73
PBIT Margin (%)	2.68	4.06	6.01	9.06	4.42
PBT Margin (%)	-9.27	11.24	5.76	8.75	4.14
Net Profit Margin (%)	-7.33	7.66	4.27	6.81	3.17
Return on Networth / Equity (%)	0.00	-74.25	9.55	12.72	6.63
Return on Capital Employeed (%)	1.75	3.44	13.23	16.62	9.07
Return On Assets (%)	-3.64	5.04	6.34	9.92	5.03
Long Term Debt / Equity (X)	-4.07	-5.23	0.00	0.00	0.00
Total Debt / Equity (X)	-5.67	-6.50	0.00	0.00	0.00
Asset Turnover Ratio (%)	0.49	1.11	1.68	1.53	1.67
Current Ratio (X)	0.99	0.97	2.73	4.12	3.69
Quick Ratio (X)	0.67	0.71	1.80	2.79	2.37
Inventory Turnover Ratio (X)	5.13	8.16	4.32	3.49	4.25
Interest Coverage Ratio (X)	0.74	1.20	27.17	33.75	20.73
Interest Coverage Ratio (Post Tax) (X)	0.39	0.07	18.02	23.39	12.49
Enterprise Value (Cr.)	943.86	791.10	130.86	68.30	13.00
EV / Net Operating Revenue (X)	1.34	0.84	0.33	0.23	0.04
EV / EBITDA (X)	15.24	11.09	4.88	2.24	0.78
MarketCap / Net Operating Revenue (X)	0.28	0.16	0.41	0.35	0.13
Price / BV (X)	-1.50	-1.56	0.92	0.66	0.29
Price / Net Operating Revenue (X)	0.28	0.16	0.41	0.35	0.13
EarningsYield	-0.26	0.47	0.10	0.19	0.22

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 783.73

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 December 22, 2024, is Undervalued by 405.63% compared to the current share price 155.00

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

Intrinsic Value of as of December 22, 2024 is: 344.44

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 December 22, 2024, is Undervalued by 122.22% compared to the current share price 155.00

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

Last 5 Year EPS CAGR: -56.05%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (418.92 cr) and profit (3.31 cr) over the years.	The stock has a low average ROCE of 9.17%, which may not be favorable. The stock has a high average Working Capital Days of 86.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 104.25, which may not be favorable. The company has higher borrowings (249.23) compared to reserves (135.15), which may suggest financial risk.

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 :
1. Net Profit Margin: -7.33%
  - 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: 1.75% (Industry Average ROCE: 13.61%)
  - 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: 13.44%)
  - 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): 0.39
  - 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: 0.67
  - 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: 40.81)
  - 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: -5.67
  - 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

Caprihans India Ltd. is a Public Limited Listed company incorporated on 11/04/1946 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29150MH1946PLC004877 and registration number is 004877. Currently company belongs to the Industry of Plastics - Pipes & Fittings. Company’s Total Operating Revenue is Rs. 392.89 Cr. and Equity Capital is Rs. 13.13 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Plastics - Pipes & Fittings	1028 Shiroli, Rajgurunagar, Pune Maharashtra 410505	cil@caprihansindia.com www.caprihansindia.com

Management
Name	Position Held
Mrs. Ankita J Kariya	Chairperson & Managing Director
Mr. Nitin K Joshi	Ind. Non-Executive Director
Mr. Siddharth S Shetye	Ind. Non-Executive Director
Mr. Sudhir Pendse	Ind. Non-Executive Director
Mr. Somenath Mukherjee	Executive Director
Mr. Avinash Joshi	Ind. Non-Executive Director
Mr. Kavaseri R Viswanathan	Addnl.Non Exe.Independent Director
Mr. Pramod Toshniwal	Additional Non Exe.Non Ind.Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹783.73, which is 405.63% higher than the current market price of ₹155.00. The stock has a market capitalization of 204 Cr. and recorded a high/low of 239/131 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹429 Cr and total liabilities of ₹1,384 Cr.

What is the Market Cap of ?

The Market Cap of is 204 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 155.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 239/131.

What is the Stock P/E of ?

The Stock P/E of is .

What is the Book Value of ?

The Book Value of is 337.

What is the Dividend Yield of ?

The Dividend Yield of is 0.00 %.

What is the ROCE of ?

The ROCE of is 1.54 %.

What is the ROE of ?

The ROE of is 15.2 %.

What is the Face Value of ?

The Face Value of is 10.0.