Share Price and Basic Stock Data

Last Updated: November 18, 2024, 1:11 pm

Market Cap	71.5 Cr.
Current Price	14.9
High / Low	16.5/6.54
Stock P/E
Book Value	103
Dividend Yield	0.00 %
ROCE	%
ROE	%
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 E-Land Apparel Ltd

Competitors of E-Land Apparel Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Gravity (India) Ltd	6.83 Cr.	7.59	8.40/3.73		2.24	0.00 %	81.2 %	86.2 %	10.0
Flora Textiles Ltd	88.6 Cr.	148	160/9.00	14.0	10.8	0.00 %	88.9 %	%	10.0
E-Land Apparel Ltd	71.5 Cr.	14.9	16.5/6.54		103	0.00 %	%	%	10.0
Acknit Industries Ltd	88.5 Cr.	291	369/210	9.69	271	0.52 %	11.3 %	11.4 %	10.0
Siyaram Silk Mills Ltd	3,012 Cr.	663	743/410	15.6	265	1.66 %	20.5 %	16.3 %	2.00
Industry Average	2,897.80 Cr	183.45		14.27	105.24	0.31%	31.29%	26.27%	7.22

All Competitor Stocks of E-Land Apparel 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	23.26	48.83	48.48	57.01	76.25	57.52	38.89	57.60	63.54	37.05	38.27	76.54	85.19
Expenses	22.93	47.46	43.44	58.83	70.10	54.11	37.29	55.23	57.45	36.27	38.49	71.31	76.23
Operating Profit	0.33	1.37	5.04	-1.82	6.15	3.41	1.60	2.37	6.09	0.78	-0.22	5.23	8.96
OPM %	1.42%	2.81%	10.40%	-3.19%	8.07%	5.93%	4.11%	4.11%	9.58%	2.11%	-0.57%	6.83%	10.52%
Other Income	0.59	0.64	12.20	3.43	0.35	0.49	0.31	1.00	0.56	2.38	2.12	2.05	2.61
Interest	11.76	11.86	11.48	11.45	12.35	12.94	12.97	12.69	12.91	12.95	14.22	13.84	6.37
Depreciation	0.86	1.00	0.99	0.98	1.15	1.15	1.15	1.15	0.76	0.86	1.90	1.38	1.34
Profit before tax	-11.70	-10.85	4.77	-10.82	-7.00	-10.19	-12.21	-10.47	-7.02	-10.65	-14.22	-7.94	3.86
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Profit	-11.70	-10.85	4.77	-10.82	-6.99	-10.20	-12.21	-10.46	-7.01	-10.65	-14.22	-7.95	3.86
EPS in Rs	-2.44	-2.26	0.99	-2.25	-1.46	-2.13	-2.54	-2.18	-1.46	-2.22	-2.96	-1.66	0.80

Last Updated: October 7, 2024, 8:10 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:35 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	129	322	175	235	215	184	172	149	121	178	230	215	237
Expenses	144	382	190	251	259	203	176	152	127	172	217	203	222
Operating Profit	-15	-60	-15	-16	-43	-20	-4	-3	-5	5	14	12	15
OPM %	-12%	-19%	-8%	-7%	-20%	-11%	-3%	-2%	-4%	3%	6%	6%	6%
Other Income	4	88	8	4	1	-34	4	3	3	17	2	7	9
Interest	28	37	4	4	34	22	39	48	47	47	51	54	47
Depreciation	12	25	3	3	4	2	2	4	4	4	5	5	5
Profit before tax	-52	-35	-13	-19	-80	-78	-42	-52	-53	-29	-40	-40	-29
Tax %	6%	-62%	194%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Net Profit	-55	-13	-39	-19	-80	-78	-42	-52	-53	-29	-40	-40	-29
EPS in Rs	-11.51	-2.78	-8.13	-3.89	-16.71	-16.34	-8.65	-10.93	-11.04	-5.96	-8.31	-8.30	-6.04
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	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 (%)	76.36%	-200.00%	51.28%	-321.05%	2.50%	46.15%	-23.81%	-1.92%	45.28%	-37.93%	0.00%
Change in YoY Net Profit Growth (%)	0.00%	-276.36%	251.28%	-372.33%	323.55%	43.65%	-69.96%	21.89%	47.21%	-83.21%	37.93%

E-Land Apparel Ltd 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:	-4%
5 Years:	5%
3 Years:	21%
TTM:	24%

Compounded Profit Growth
10 Years:	4%
5 Years:	1%
3 Years:	8%
TTM:	54%

Stock Price CAGR
10 Years:	2%
5 Years:	29%
3 Years:	48%
1 Year:	67%

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

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

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
Equity Capital	48	48	48	48	48	48	48	48	48	48	48	48
Reserves	-96	-156	-212	-234	-146	-283	-354	-407	-459	-467	-506	-547
Borrowings	624	338	331	327	128	10	35	54	60	50	50	63
Other Liabilities	77	50	57	50	125	336	387	424	473	530	564	613
Total Liabilities	653	280	223	191	155	112	115	119	122	161	155	177
Fixed Assets	450	50	47	59	46	44	42	51	48	89	85	98
CWIP	0	1	0	0	0	0	1	17	20	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	203	229	176	133	109	68	72	51	53	72	70	80
Total Assets	653	280	223	191	155	112	115	119	122	161	155	177

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 +	-48	-48	-22	-3	62	222	18	14	5	15	5	18
Cash from Investing Activity +	-1	350	43	9	9	17	10	-18	-4	-3	-1	-6
Cash from Financing Activity +	-11	-304	-11	-19	-69	-241	-25	-1	3	-11	0	-9
Net Cash Flow	-60	-2	9	-12	2	-1	3	-4	4	1	4	2

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	-639.00	-398.00	-346.00	-343.00	-171.00	-30.00	-39.00	-57.00	-65.00	-45.00	-36.00	-51.00

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	182	48	93	69	64	46	41	41	55	41	37	43
Inventory Days	443	38	157	120	81	72	63	74	90	84	49	62
Days Payable	209	27	72	86	110	117	116	98	159	123	89	93
Cash Conversion Cycle	416	59	177	103	34	-0	-12	17	-14	1	-3	12
Working Capital Days	220	143	179	109	44	23	26	28	-0	13	28	31
ROCE %		-18%	-7%	-10%	-54%

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	65.84%	65.84%	65.84%	65.84%	65.84%	65.84%	65.84%	65.84%	65.84%	65.84%	65.84%	65.84%
DIIs	1.24%	1.24%	1.24%	1.24%	0.00%	0.00%	1.24%	1.24%	1.24%	1.24%	1.24%	1.24%
Government	0.00%	0.00%	0.00%	0.00%	1.24%	1.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	32.92%	32.92%	32.92%	32.92%	32.92%	32.93%	32.92%	32.92%	32.92%	32.93%	32.92%	32.91%
No. of Shareholders	12,481	12,366	12,374	12,416	12,311	12,265	12,105	11,981	12,051	11,859	11,850	11,675

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.)	-8.30	-8.31	-5.96	-11.04	-10.92
Diluted EPS (Rs.)	-8.30	-8.31	-5.96	-11.04	-10.92
Cash EPS (Rs.)	-7.28	-7.35	-5.16	-10.17	-10.01
Book Value[Excl.RevalReserv]/Share (Rs.)	-103.88	-95.53	-87.22	-85.72	-74.72
Book Value[Incl.RevalReserv]/Share (Rs.)	-103.88	-95.53	-87.22	-85.72	-74.72
Revenue From Operations / Share (Rs.)	44.88	47.98	37.00	25.26	31.12
PBDIT / Share (Rs.)	3.96	3.27	2.15	-0.41	0.03
PBIT / Share (Rs.)	2.94	2.31	1.35	-1.29	-0.87
PBT / Share (Rs.)	-8.30	-8.31	-5.96	-11.04	-10.92
Net Profit / Share (Rs.)	-8.30	-8.31	-5.96	-11.04	-10.92
PBDIT Margin (%)	8.81	6.81	5.81	-1.65	0.12
PBIT Margin (%)	6.54	4.81	3.66	-5.10	-2.81
PBT Margin (%)	-18.48	-17.31	-16.10	-43.72	-35.10
Net Profit Margin (%)	-18.48	-17.31	-16.10	-43.72	-35.10
Return on Capital Employeed (%)	10.53	9.45	6.38	-7.97	-4.95
Return On Assets (%)	-22.43	-25.73	-17.78	-43.58	-44.00
Long Term Debt / Equity (X)	-0.09	-0.10	-0.09	-0.12	-0.11
Total Debt / Equity (X)	-0.09	-0.10	-0.10	-0.12	-0.12
Asset Turnover Ratio (%)	1.30	1.46	1.26	1.01	1.27
Current Ratio (X)	1.77	1.75	1.15	1.10	1.34
Quick Ratio (X)	1.33	1.29	0.76	0.73	0.88
Inventory Turnover Ratio (X)	6.30	6.28	5.18	4.05	4.84
Interest Coverage Ratio (X)	0.35	0.30	0.22	-0.04	0.00
Interest Coverage Ratio (Post Tax) (X)	0.26	0.21	0.13	-0.13	-0.08
Enterprise Value (Cr.)	64.46	56.68	70.81	64.93	59.76
EV / Net Operating Revenue (X)	0.29	0.24	0.39	0.53	0.40
EV / EBITDA (X)	3.39	3.61	6.85	-32.29	318.75
MarketCap / Net Operating Revenue (X)	0.15	0.09	0.19	0.16	0.12
Price / BV (X)	-0.06	-0.04	-0.08	-0.04	-0.05
Price / Net Operating Revenue (X)	0.15	0.09	0.19	0.16	0.12
EarningsYield	-1.22	-1.81	-0.82	-2.64	-2.74

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of E-Land Apparel Ltd as of November 18, 2024 is: 236.39

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 November 18, 2024, E-Land Apparel Ltd is Undervalued by 1,486.51% compared to the current share price 14.90

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

Intrinsic Value of E-Land Apparel Ltd as of November 18, 2024 is: 338.27

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 November 18, 2024, E-Land Apparel Ltd is Undervalued by 2,170.27% compared to the current share price 14.90

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

Last 5 Year EPS CAGR: 43.10%

*Investments are subject to market risks

Strength and Weakness

Strength

Weakness

The stock has a low average ROCE of -7.42%, which may not be favorable.
The stock has a high average Working Capital Days of 70.33, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 65.83, which may not be favorable.
The company has higher borrowings (172.50) compared to reserves (-322.25), which may suggest financial risk.
The company has not shown consistent growth in sales (197.08) and profit (-43.23).

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 E-Land Apparel Ltd:
1. Net Profit Margin: -18.48%
  - 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: 10.53% (Industry Average ROCE: 27.81%)
  - 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: 17.51%)
  - 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): 0.26
  - 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: 1.33
  - 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: 9.51)
  - 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: -0.09
  - 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

E-Land Apparel Ltd. is a Public Limited Listed company incorporated on 31/03/1997 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L17110KA1997PLC120558 and registration number is 106945. Currently Company is involved in the business activities of Manufacture of all types of textile garments and clothing accessories. Company’s Total Operating Revenue is Rs. 177.58 Cr. and Equity Capital is Rs. 47.99 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Textiles - Weaving	16/2B, Sri Vinayaka Indl Estate, Singasandra, Near Dakshin Honda Showroom, Bengaluru Karnataka 560068	investor@elandapparel.com http://www.elandapparel.com

Management
Name	Position Held
Mr. Dong Ju Kim	Chairman & Managing Director
Mrs. Elizabeth Ravi	Independent Director
Mr. Guy Deuk Yeon	Ind. Non-Executive Director

FAQ

What is the latest intrinsic value of E-Land Apparel Ltd?

The latest intrinsic value of E-Land Apparel Ltd as on 18 November 2024 is ₹236.39, which is 1486.51% higher than the current market price of ₹14.90.

What is the Market Cap of E-Land Apparel Ltd?

The Market Cap of E-Land Apparel Ltd is 71.5 Cr..

What is the current Stock Price of E-Land Apparel Ltd as on 18 November 2024?

The current stock price of E-Land Apparel Ltd as on 18 November 2024 is ₹14.9.

What is the High / Low of E-Land Apparel Ltd stocks in FY 2024?

In FY 2024, the High / Low of E-Land Apparel Ltd stocks is 16.5/6.54.

What is the Stock P/E of E-Land Apparel Ltd?

The Stock P/E of E-Land Apparel Ltd is .

What is the Book Value of E-Land Apparel Ltd?

The Book Value of E-Land Apparel Ltd is 103.

What is the Dividend Yield of E-Land Apparel Ltd?

The Dividend Yield of E-Land Apparel Ltd is 0.00 %.

What is the ROCE of E-Land Apparel Ltd?

The ROCE of E-Land Apparel Ltd is %.

What is the ROE of E-Land Apparel Ltd?

The ROE of E-Land Apparel Ltd is %.

What is the Face Value of E-Land Apparel Ltd?

The Face Value of E-Land Apparel Ltd is 10.0.