Chandni Machines Ltd: Share Price Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: December 17, 2024, 8:39 pm

Market Cap	19.1 Cr.
Current Price	59.3
High / Low	90.0/27.1
Stock P/E	10.9
Book Value	31.1
Dividend Yield	0.00 %
ROCE	28.9 %
ROE	21.8 %
Face Value	10.0
PEG Ratio	0.08

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Chandni Machines Ltd

Competitors of Chandni Machines Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
HLE Glascoat Ltd	2,712 Cr.	398	582/350	90.8	63.2	0.28 %	13.1 %	8.62 %	2.00
Harish Textile Engineers Ltd	31.4 Cr.	94.2	103/42.7		23.3	0.00 %	10.8 %	2.98 %	10.0
Disa India Ltd	2,450 Cr.	16,850	20,900/13,238	52.6	1,780	1.19 %	25.9 %	19.2 %	10.0
Cranex Ltd	81.3 Cr.	136	190/47.0	43.2	19.5	0.00 %	10.1 %	14.9 %	10.0
Concord Control Systems Ltd	1,059 Cr.	1,771	2,062/538	70.2	91.1	0.00 %	72.8 %	60.3 %	10.0
Industry Average	12,831.85 Cr	1,807.85		60.43	272.71	0.25%	19.11%	15.35%	5.77

All Competitor Stocks of Chandni Machines Ltd

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	24.70	49.91	33.98	40.45	32.90	17.68	0.37	0.68	33.08	52.31	39.53	41.01	62.27
Expenses	24.43	49.15	33.54	39.78	32.69	17.72	0.65	0.21	32.14	51.74	39.14	40.98	61.36
Operating Profit	0.27	0.76	0.44	0.67	0.21	-0.04	-0.28	0.47	0.94	0.57	0.39	0.03	0.91
OPM %	1.09%	1.52%	1.29%	1.66%	0.64%	-0.23%	-75.68%	69.12%	2.84%	1.09%	0.99%	0.07%	1.46%
Other Income	0.04	0.06	0.06	0.07	0.08	0.08	0.06	0.13	0.11	0.22	0.33	0.21	0.46
Interest	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.01
Depreciation	0.05	0.06	0.07	0.06	0.06	0.05	0.04	0.06	0.10	0.10	0.10	0.09	0.09
Profit before tax	0.26	0.75	0.42	0.68	0.23	-0.01	-0.26	0.53	0.94	0.68	0.61	0.14	1.27
Tax %	23.08%	26.67%	16.67%	32.35%	26.09%	0.00%	-23.08%	26.42%	25.53%	25.00%	26.23%	57.14%	24.41%
Net Profit	0.19	0.55	0.35	0.47	0.17	-0.01	-0.20	0.39	0.70	0.51	0.45	0.07	0.97
EPS in Rs	0.59	1.70	1.08	1.46	0.53	-0.03	-0.62	1.21	2.17	1.58	1.39	0.22	3.01

Last Updated: October 7, 2024, 8:23 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	0	20	11	48	43	149	52	166	195
Expenses	0	19	12	48	43	147	51	164	193
Operating Profit	0	1	-0	-0	0	2	0	2	2
OPM %		5%	-3%	-0%	0%	1%	1%	1%	1%
Other Income	0	0	0	0	0	0	0	1	1
Interest	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0
Profit before tax	0	1	0	0	0	2	0	2	3
Tax %		26%	31%	100%	40%	26%	29%	27%
Net Profit	0	1	0	0	0	2	0	2	2
EPS in Rs			0.28	0.03	0.09	4.83	1.08	5.36	6.20
Dividend Payout %		0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2018-2019	2022-2023
YoY Net Profit Growth (%)	-100.00%	-100.00%
Change in YoY Net Profit Growth (%)	0.00%	0.00%

Chandni Machines Ltd has shown a consistent positive trend in YoY Net Profit Growth (%) in the last 2 years from 2018-2019 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	71%
3 Years:	57%
TTM:	110%

Compounded Profit Growth
10 Years:	%
5 Years:	81%
3 Years:	286%
TTM:	25%

Stock Price CAGR
10 Years:	%
5 Years:	86%
3 Years:	36%
1 Year:	110%

Return on Equity
10 Years:	%
5 Years:	12%
3 Years:	18%
Last Year:	22%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:35 pm

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	0.01	3	3	3	3	3	3	3	3
Reserves	0	2	2	2	2	3	4	6	7
Borrowings	0	0	1	1	0	0	1	0	0
Other Liabilities	0	7	8	16	38	8	5	8	13
Total Liabilities	0	12	13	22	43	15	13	17	23
Fixed Assets	0	0	2	3	3	3	3	3	2
CWIP	0	0	0	0	0	0	0	0	0
Investments	0	0	0	0	0	0	0	2	3
Other Assets	0	12	11	19	40	13	10	12	18
Total Assets	0	12	13	22	43	15	13	17	23

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	0	-3	1	1	1	1	0	4
Cash from Investing Activity +	-0	4	-3	-0	-0	-0	0	-2
Cash from Financing Activity +	0	-0	1	-0	-1	-0	-1	-0
Net Cash Flow	0	1	-1	0	0	1	-1	2

Free Cash Flow

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	0.00	1.00	-1.00	-1.00	0.00	2.00	-1.00	2.00

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 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	111	128	75	186	1	1	7
Inventory Days	81	201	44	32	8	38	7
Days Payable	61	24	83	176	1	1	5
Cash Conversion Cycle	131	306	36	42	8	38	9
Working Capital Days	71	99	6	2	-4	18	1
ROCE %	44%	2%	1%	1%	35%	7%	29%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	46.50%	46.50%	46.50%	46.50%	46.50%	46.50%	46.50%	46.50%	46.50%	46.50%	46.50%	46.50%
Public	53.50%	53.50%	53.50%	53.50%	53.49%	53.50%	53.49%	53.50%	53.51%	53.49%	53.51%	53.50%
No. of Shareholders	3,246	3,386	3,489	3,443	3,455	3,442	3,525	3,591	3,603	3,778	3,832	3,935

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.)	5.36	1.08	4.85	0.11	0.05
Diluted EPS (Rs.)	5.36	1.08	4.85	0.11	0.05
Cash EPS (Rs.)	6.54	1.73	5.59	0.71	0.28
Book Value[Excl.RevalReserv]/Share (Rs.)	27.25	21.89	20.81	15.96	15.85
Book Value[Incl.RevalReserv]/Share (Rs.)	27.25	21.89	20.81	15.96	15.85
Revenue From Operations / Share (Rs.)	514.11	159.95	461.81	133.70	149.15
PBDIT / Share (Rs.)	8.69	2.20	7.36	0.83	0.37
PBIT / Share (Rs.)	7.50	1.55	6.62	0.22	0.12
PBT / Share (Rs.)	7.37	1.51	6.55	0.15	0.11
Net Profit / Share (Rs.)	5.36	1.08	4.85	0.10	0.04
PBDIT Margin (%)	1.68	1.37	1.59	0.62	0.24
PBIT Margin (%)	1.45	0.96	1.43	0.16	0.08
PBT Margin (%)	1.43	0.94	1.41	0.11	0.07
Net Profit Margin (%)	1.04	0.67	1.04	0.07	0.03
Return on Networth / Equity (%)	19.66	4.94	23.30	0.66	0.28
Return on Capital Employeed (%)	26.73	6.62	30.69	1.34	0.78
Return On Assets (%)	10.29	2.76	10.18	0.07	0.06
Total Debt / Equity (X)	0.00	0.00	0.00	0.01	0.10
Asset Turnover Ratio (%)	11.28	3.69	5.12	1.34	2.75
Current Ratio (X)	1.36	1.89	1.45	1.06	1.15
Quick Ratio (X)	0.97	0.86	1.09	0.96	0.80
Interest Coverage Ratio (X)	67.81	54.44	118.32	12.05	25.30
Interest Coverage Ratio (Post Tax) (X)	42.84	27.82	78.91	2.53	4.12
Enterprise Value (Cr.)	9.49	3.01	4.74	1.00	-0.50
EV / Net Operating Revenue (X)	0.05	0.05	0.03	0.02	-0.01
EV / EBITDA (X)	3.39	4.25	2.00	3.69	-4.22
MarketCap / Net Operating Revenue (X)	0.07	0.09	0.06	0.07	0.02
Price / BV (X)	1.39	0.72	1.51	0.59	0.23
Price / Net Operating Revenue (X)	0.07	0.09	0.06	0.07	0.02
EarningsYield	0.14	0.06	0.15	0.01	0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Chandni Machines Ltd as of December 18, 2024 is: 75.38

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 18, 2024, Chandni Machines Ltd is Undervalued by 27.12% compared to the current share price 59.30

Intrinsic Value of Chandni Machines Ltd as of December 18, 2024 is: 175.75

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 18, 2024, Chandni Machines Ltd is Undervalued by 196.37% compared to the current share price 59.30

Last 5 Year EPS CAGR: 133.15%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of 24.13, which is a positive sign. The company has higher reserves (3.11 cr) compared to borrowings (0.33 cr), indicating strong financial stability. The company has shown consistent growth in sales (76.00 cr) and profit (0.89 cr) over the years.	The stock has a low average ROCE of 14.88%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 71.25, 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 Chandni Machines Ltd:
1. Net Profit Margin: 1.04%
  - 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: 26.73% (Industry Average ROCE: 19.11%)
  - 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%: 19.66% (Industry Average ROE: 14.84%)
  - 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): 42.84
  - 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: 0.97
  - 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: 10.9 (Industry average Stock P/E: 54.38)
  - 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: 0
  - 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

Chandni Machines Ltd. is a Public Limited Listed company incorporated on 12/04/2016 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L74999MH2016PLC279940 and registration number is 279940. Currently Company is involved in the business activities of Retail sale of second-hand goods. Company’s Total Operating Revenue is Rs. 149.05 Cr. and Equity Capital is Rs. 3.23 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Engineering - Heavy	108/109, T.V. Industrial Estate, 52, S.K. Ahire Marg, Worli, Mumbai Maharashtra 400030	sales@cml.net.in http://www.cml.net.in

Management
Name	Position Held
Mr. Jayesh Ramniklal Mehta	Chairperson & Managing Director
Mrs. Amita Jayesh Mehta	Non Executive Director
Mr. Rameshchand Garg	Independent Director
Mr. Richie Hiralal Amin	Independent Director
Dr. Bharat Sugnomal Bhatia	Independent Director
Mr. Bharat Keshavlal Shah	Executive Director

FAQ

What is the latest intrinsic value of Chandni Machines Ltd?

The latest intrinsic value of Chandni Machines Ltd as on 18 December 2024 is ₹75.38, which is 27.12% higher than the current market price of ₹59.30. The stock has a market capitalization of 19.1 Cr. and recorded a high/low of ₹90.0/27.1 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹7 Cr and total liabilities of ₹23 Cr.

What is the Market Cap of Chandni Machines Ltd?

The Market Cap of Chandni Machines Ltd is 19.1 Cr..

What is the current Stock Price of Chandni Machines Ltd as on 18 December 2024?

The current stock price of Chandni Machines Ltd as on 18 December 2024 is 59.3.

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

In FY 2024-2025, the High / Low of Chandni Machines Ltd stocks is 90.0/27.1.

What is the Stock P/E of Chandni Machines Ltd?

The Stock P/E of Chandni Machines Ltd is 10.9.

What is the Book Value of Chandni Machines Ltd?

The Book Value of Chandni Machines Ltd is 31.1.

What is the Dividend Yield of Chandni Machines Ltd?

The Dividend Yield of Chandni Machines Ltd is 0.00 %.

What is the ROCE of Chandni Machines Ltd?

The ROCE of Chandni Machines Ltd is 28.9 %.

What is the ROE of Chandni Machines Ltd?

The ROE of Chandni Machines Ltd is 21.8 %.

What is the Face Value of Chandni Machines Ltd?

The Face Value of Chandni Machines Ltd is 10.0.