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

Fundamental Analysis of Donear Industries Ltd

About the Company - Donear Industries Ltd

Donear Industries Ltd. is a Public Limited Listed company incorporated on 01/01/1987 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1987PLC042076 and registration number is 042076. Currently company belongs to the Industry of Textiles - Weaving. Company’s Total Operating Revenue is Rs. 569.46 Cr. and Equity Capital is Rs. 10.40 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - WeavingDonear House, 8th Floor, Plot No. A-50, Mumbai Maharashtra 400093investor@donear.com
http://www.donear.com
Management
NamePosition Held
Mr. Rajendra V AgarwalManaging Director
Mr. Ajay V AgarwalWhole Time Director
Mrs. Medha PattanayakIndependent Director
Mr. Deepak BhageriaIndependent Director
Mr. Govind ShrikhandeIndependent Director
Mr. Kishorsinh Dansinh ParmarExecutive Director

Basic Stock Data of Donear Industries Ltd

Last Updated: May 23, 2024, 3:23 pm

Market Cap 543 Cr.
Current Price 104
High / Low122/86.2
Stock P/E19.9
Book Value 32.9
Dividend Yield0.19 %
ROCE17.0 %
ROE23.2 %
Face Value 2.00
PEG Ratio0.92

Donear Industries Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales68.41119.33149.2773.32140.72181.53173.89177.58224.06210.06213.96180.22169.97
Expenses68.09115.54138.1171.66131.01160.08159.33162.96205.77187.63193.81162.82154.49
Operating Profit0.323.7911.161.669.7121.4514.5614.6218.2922.4320.1517.4015.48
OPM %0.47%3.18%7.48%2.26%6.90%11.82%8.37%8.23%8.16%10.68%9.42%9.65%9.11%
Other Income1.471.181.330.292.611.867.483.033.052.401.692.121.84
Interest4.403.804.574.735.094.815.416.286.627.297.657.417.51
Depreciation2.432.332.352.122.182.432.502.182.302.362.422.822.97
Profit before tax-5.04-1.165.57-4.905.0516.0714.139.1912.4215.1811.779.296.84
Tax %37.50%-23.28%21.90%25.71%24.36%24.95%25.48%28.51%23.35%23.45%27.53%27.34%28.22%
Net Profit-3.16-1.434.35-3.643.8312.0610.536.579.5311.628.536.754.91
EPS in Rs-0.61-0.280.84-0.700.742.322.021.261.832.231.641.300.94

Last Updated: May 14, 2024, 3:53 am

Donear Industries Ltd Quarterly Chart

Donear Industries Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales372394464509509499514594548358569826774
Expenses331350413452453455456534498341516743699
Operating Profit42445158564458615016548375
OPM %11%11%11%11%11%9%11%10%9%5%9%10%10%
Other Income686648335412108
Interest24293233302330312720263530
Depreciation25232226201412109109911
Profit before tax-2-035914202318-9304943
Tax %103%258%-32%-43%40%36%33%37%35%29%25%25%
Net Profit014869131412-6233632
EPS in Rs0.010.120.721.491.081.752.542.732.30-1.214.386.976.11
Dividend Payout %2,080%173%28%13%18%11%8%7%9%-17%5%3%

Donear Industries Ltd Profit & Loss Yearly Chart

Donear Industries Ltd Growth

Compounded Sales Growth
10 Years:8%
5 Years:10%
3 Years:15%
TTM:-2%
Compounded Profit Growth
10 Years:48%
5 Years:23%
3 Years:45%
TTM:-29%
Stock Price CAGR
10 Years:21%
5 Years:21%
3 Years:37%
1 Year:6%
Return on Equity
10 Years:11%
5 Years:12%
3 Years:13%
Last Year:23%

Last Updated: May 23, 2024, 3:23 pm

Donear Industries Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital10101010101010101010101010
Reserves54535562667688101112105125161171
Borrowings275300311314270264304301263237313353334
Other Liabilities424655585560759094108162129174
Total Liabilities381410432444401411478503480460611654690
Fixed Assets114104110108939083788682829189
CWIP1723100112124514
Investments1111111111111
Other Assets249282311335306319392423390374523561596
Total Assets381410432444401411478503480460611654690

Donear Industries Ltd Reserves and Borrowings Chart

Donear Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -51831407934-13377650-244
Cash from Investing Activity -11-16-13-13-6-10-3-6-18-4-25-13
Cash from Financing Activity 16-3-16-28-74-2516-27-63-464912
Net Cash Flow1-01-1-1-004-50-03

Donear Industries Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days7685829073819688781088370
Inventory Days271277257232232242312262269351405266
Days Payable3445474337457375599910256
Cash Conversion Cycle313316292279269278335275288360387280
Working Capital Days180194179177174182215197188253227191
ROCE %7%8%9%10%11%10%13%13%11%3%14%17%

Donear Industries Ltd Financial Efficiency Indicators Chart

Donear Industries Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters74.56%74.56%74.56%74.56%74.56%74.56%74.56%74.56%74.56%74.56%74.56%74.56%
Public25.44%25.44%25.44%25.44%25.43%25.44%25.44%25.45%25.45%25.44%25.44%25.44%
No. of Shareholders11,74512,40811,75211,24310,56210,39710,81913,18815,04514,64616,89017,196

Donear Industries Ltd Shareholding Pattern Chart

No. of Donear Industries Ltd Shareholders

This stock is not held by any mutual fund

Donear Industries Ltd ROCE Trend

Donear Industries Ltd EPS Trend

Donear Industries Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)6.974.38-1.212.302.73
Diluted EPS (Rs.)6.974.38-1.212.302.73
Cash EPS (Rs.)8.756.150.624.064.57
Book Value[Excl.RevalReserv]/Share (Rs.)32.9026.1322.1123.5221.45
Book Value[Incl.RevalReserv]/Share (Rs.)32.9026.1322.1123.5221.45
Dividend / Share (Rs.)0.200.200.200.200.20
Revenue From Operations / Share (Rs.)158.78109.5168.77105.37114.29
PBDIT / Share (Rs.)16.4711.463.679.9711.43
PBIT / Share (Rs.)14.699.691.848.219.59
PBT / Share (Rs.)9.345.84-1.693.554.33
Net Profit / Share (Rs.)6.974.38-1.212.302.73
PBDIT Margin (%)10.3710.465.339.469.99
PBIT Margin (%)9.258.842.677.788.38
PBT Margin (%)5.885.33-2.453.363.78
Net Profit Margin (%)4.383.99-1.752.182.38
Return on Networth / Equity (%)21.1816.75-5.459.7612.71
Return on Capital Employeed (%)34.4830.227.0530.7037.60
Return On Assets (%)5.543.72-1.352.492.81
Long Term Debt / Equity (X)0.130.100.060.010.02
Total Debt / Equity (X)2.072.311.932.142.64
Asset Turnover Ratio (%)1.311.060.751.121.21
Current Ratio (X)1.271.151.081.111.11
Quick Ratio (X)0.530.460.520.510.53
Inventory Turnover Ratio (X)0.920.970.631.051.25
Dividend Payout Ratio (NP) (%)0.004.56-16.588.707.33
Dividend Payout Ratio (CP) (%)0.003.2532.074.924.38
Earning Retention Ratio (%)0.0095.44116.5891.3092.67
Cash Earning Retention Ratio (%)0.0096.7567.9395.0895.62
Interest Coverage Ratio (X)3.082.981.042.142.17
Interest Coverage Ratio (Post Tax) (X)2.302.140.651.491.52
Enterprise Value (Cr.)755.94576.15366.96357.57504.37
EV / Net Operating Revenue (X)0.911.011.030.650.84
EV / EBITDA (X)8.839.6619.246.908.49
MarketCap / Net Operating Revenue (X)0.500.480.430.200.37
Retention Ratios (%)0.0095.43116.5891.2992.66
Price / BV (X)2.452.021.350.901.99
Price / Net Operating Revenue (X)0.500.480.430.200.37
EarningsYield0.080.08-0.040.100.06

Donear Industries Ltd Profitability Ratios (%)

Donear Industries Ltd Liquidity Ratios

Donear Industries Ltd Liquidity Ratios (%)

Donear Industries Ltd Interest Coverage Ratios (%)

Donear Industries Ltd Valuation Ratios

Fair Value

Fair Value: ₹152.18

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: 46.33% compared to the current price ₹104

Intrinsic Value: ₹185.02

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: 77.91% compared to the current price ₹104

Last 5 Year EPS CAGR: 21.58%

*Investments are subject to market risks

Strength and Weakness of Donear Industries Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (533.08 cr) and profit (15.62 cr) over the years.
  1. The stock has a low average ROCE of 10.50%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 196.42, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 306.00, which may not be favorable.
  4. The company has higher borrowings (295.31) compared to reserves (94.54), which may suggest financial risk.

FAQ

What is the latest fair value of Donear Industries Ltd?

The latest fair value of Donear Industries Ltd is ₹152.18.

What is the Market Cap of Donear Industries Ltd?

The Market Cap of Donear Industries Ltd is 543 Cr..

What is the current Stock Price of Donear Industries Ltd as on 30 May 2024?

The current stock price of Donear Industries Ltd as on 30 May 2024 is ₹104.

What is the High / Low of Donear Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Donear Industries Ltd stocks is 122/86.2.

What is the Stock P/E of Donear Industries Ltd?

The Stock P/E of Donear Industries Ltd is 19.9.

What is the Book Value of Donear Industries Ltd?

The Book Value of Donear Industries Ltd is 32.9.

What is the Dividend Yield of Donear Industries Ltd?

The Dividend Yield of Donear Industries Ltd is 0.19 %.

What is the ROCE of Donear Industries Ltd?

The ROCE of Donear Industries Ltd is 17.0 %.

What is the ROE of Donear Industries Ltd?

The ROE of Donear Industries Ltd is 23.2 %.

What is the Face Value of Donear Industries Ltd?

The Face Value of Donear Industries 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 Donear Industries 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