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Last Updated on: 05 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 512008 | NSE: EFCIL

EFC (I) Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: December 4, 2024, 8:37 pm

Market Cap 3,091 Cr.
Current Price 621
High / Low638/303
Stock P/E34.9
Book Value 96.2
Dividend Yield0.00 %
ROCE18.7 %
ROE23.0 %
Face Value 2.00
PEG Ratio0.09

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

View Share Price Target for EFC (I) Ltd

Competitors of EFC (I) Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hampton Sky Realty Ltd 777 Cr. 28.355.5/22.430.2 5.740.00 %15.7 %10.6 % 1.00
Grovy India Ltd 77.7 Cr. 58.298.2/22.6 14.00.04 %5.79 %5.27 % 10.0
Gothi Plascon (India) Ltd 42.0 Cr. 41.253.9/28.732.1 12.44.85 %17.8 %12.9 % 10.0
Generic Engineering Construction & Projects Ltd 241 Cr. 42.271.0/32.621.6 49.60.00 %6.57 %4.33 % 5.00
Garnet Construction Ltd 51.9 Cr. 37.457.2/16.57.81 73.30.00 %4.51 %3.13 % 10.0
Industry Average21,188.23 Cr533.2254.32130.710.47%9.56%7.84%6.07

All Competitor Stocks of EFC (I) Ltd

Quarterly Result

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Sales0000152660569817293102166
Expenses00001221252758111415687
Operating Profit-0-0-003535294061524679
OPM %88%21%20%58%52%41%35%56%45%48%
Other Income00000-20112635
Interest000010610711757
Depreciation00000016172020192321
Profit before tax00-00231431531322156
Tax %0%0%26%34%34%32%-7%24%33%13%26%34%
Net Profit00-0012931121281637
EPS in Rs0.000.03-0.060.740.380.652.591.352.084.015.623.045.81

Last Updated: November 6, 2024, 6:50 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:33 pm

MonthMar 2022Mar 2023Mar 2024TTM
Sales0103410465
Expenses048237265
Operating Profit-055173200
OPM %54%42%43%
Other Income011812
Interest0153531
Depreciation0347682
Profit before tax078199
Tax %50%46%22%
Net Profit046376
EPS in Rs0.031.2711.6514.75
Dividend Payout %0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2023-2024
YoY Net Profit Growth (%)1475.00%
Change in YoY Net Profit Growth (%)0.00%

EFC (I) Ltd has shown a consistent positive trend in YoY Net Profit Growth (%) in the last 1 years from 2023-2024 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:%
TTM:122%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:275%
Stock Price CAGR
10 Years:44%
5 Years:%
3 Years:219%
1 Year:73%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:23%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 4:35 pm

MonthMar 2022Mar 2023Mar 2024Sep 2024
Equity Capital0.7071010
Reserves164417469
Borrowings0324406742
Other Liabilities082123246
Total Liabilities24769561,467
Fixed Assets0341427644
CWIP019280
Investments0006
Other Assets2116500816
Total Assets24769561,467

Reserves and Borrowings Chart

Cash Flow

MonthMar 2022Mar 2023Mar 2024
Cash from Operating Activity +-0-5129
Cash from Investing Activity +1-35-110
Cash from Financing Activity +-089263
Net Cash Flow12182

Free Cash Flow

MonthMar 2022Mar 2023Mar 2024
Free Cash Flow0.00-269.00-233.00

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

MonthMar 2022Mar 2023Mar 2024
Debtor Days52106
Inventory Days105
Days Payable198
Cash Conversion Cycle5213
Working Capital Days148172
ROCE %11%19%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters74.96%74.96%76.79%75.95%66.14%67.03%65.36%56.81%56.81%45.58%45.58%45.58%
FIIs0.00%0.00%0.00%0.00%2.64%4.81%4.57%6.51%6.72%6.47%5.45%5.36%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.61%1.78%2.03%
Public25.04%25.04%23.21%24.05%31.23%28.17%30.05%36.67%36.47%46.35%47.20%47.05%
No. of Shareholders5235255215175436947861,5382,5513,8894,9619,638

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22
FaceValue2.0010.0010.00
Basic EPS (Rs.)14.069.200.18
Diluted EPS (Rs.)14.068.340.18
Cash EPS (Rs.)27.9156.190.18
Book Value[Excl.RevalReserv]/Share (Rs.)86.65109.5423.55
Book Value[Incl.RevalReserv]/Share (Rs.)86.65109.5423.55
Revenue From Operations / Share (Rs.)82.43151.190.00
PBDIT / Share (Rs.)38.5682.410.27
PBIT / Share (Rs.)23.3631.870.27
PBT / Share (Rs.)16.2710.530.27
Net Profit / Share (Rs.)12.725.660.18
NP After MI And SOA / Share (Rs.)12.725.660.18
PBDIT Margin (%)46.7754.500.00
PBIT Margin (%)28.3421.080.00
PBT Margin (%)19.736.960.00
Net Profit Margin (%)15.423.740.00
NP After MI And SOA Margin (%)15.423.740.00
Return on Networth / Equity (%)14.835.320.76
Return on Capital Employeed (%)14.145.831.16
Return On Assets (%)6.610.810.76
Long Term Debt / Equity (X)0.260.740.00
Total Debt / Equity (X)0.260.800.00
Asset Turnover Ratio (%)0.570.160.00
Current Ratio (X)3.350.89295.65
Quick Ratio (X)3.160.89295.65
Interest Coverage Ratio (X)5.433.86192.00
Interest Coverage Ratio (Post Tax) (X)2.791.26127.00
Enterprise Value (Cr.)1578.58702.898.27
EV / Net Operating Revenue (X)3.856.810.00
EV / EBITDA (X)8.2312.49430.83
MarketCap / Net Operating Revenue (X)4.016.250.00
Price / BV (X)3.858.895.42
Price / Net Operating Revenue (X)4.016.250.00
EarningsYield0.030.010.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of EFC (I) Ltd as of December 5, 2024 is: 787.64

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 5, 2024, EFC (I) Ltd is Undervalued by 26.83% compared to the current share price 621.00

Intrinsic Value of EFC (I) Ltd as of December 5, 2024 is: 3,708.90

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 5, 2024, EFC (I) Ltd is Undervalued by 497.25% compared to the current share price 621.00

Last 5 Year EPS CAGR: 370.89%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (244.50 cr) and profit (46.75 cr) over the years.
  1. The stock has a low average ROCE of 10.00%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 106.67, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 21.67, which may not be favorable.
  4. The company has higher borrowings (368.00) compared to reserves (237.75), which may suggest financial risk.

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 EFC (I) Ltd:
    1. Net Profit Margin: 15.42%
      • 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: 14.14% (Industry Average ROCE: 9.56%)
      • 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%: 14.83% (Industry Average ROE: 7.56%)
      • 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): 2.79
      • 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: 3.16
      • 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: 34.9 (Industry average Stock P/E: 44.62)
      • 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: 0.26
      • 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

EFC (I) Ltd. is a Public Limited Listed company incorporated on 07/02/1984 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L74110PN1984PLC216407 and registration number is 020026. Currently Company is involved in the business activities of Wholesale of textiles, fabrics, yarn, household linen, articles of clothing, floor coverings and tapestry, sports clothes. Company’s Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 0.70 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Realty6th Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Pune Maharashtra 411007compliance@efclimited.in
http://www.efclimited.in
Management
NamePosition Held
Mr. Umesh Kumar SahayChairman & Managing Director
Mr. Abhishek NarbariaWhole Time Director
Mr. Rajesh Chandrakant VaishnavIndependent Director
Mr. Nikhil Dilipbhai BhutaWhole Time Director
Ms. Gayathri Srinivasan IyerIndependent Director
Mr. Mangina Srinivas RaoIndependent Director

FAQ

What is the latest intrinsic value of EFC (I) Ltd?

The latest intrinsic value of EFC (I) Ltd as on 05 December 2024 is ₹787.64, which is 26.83% higher than the current market price of ₹621.00. The stock has a market capitalization of 3,091 Cr. and recorded a high/low of ₹638/303 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹469 Cr and total liabilities of ₹1,467 Cr.

What is the Market Cap of EFC (I) Ltd?

The Market Cap of EFC (I) Ltd is 3,091 Cr..

What is the current Stock Price of EFC (I) Ltd as on 05 December 2024?

The current stock price of EFC (I) Ltd as on 05 December 2024 is 621.

What is the High / Low of EFC (I) Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of EFC (I) Ltd stocks is 638/303.

What is the Stock P/E of EFC (I) Ltd?

The Stock P/E of EFC (I) Ltd is 34.9.

What is the Book Value of EFC (I) Ltd?

The Book Value of EFC (I) Ltd is 96.2.

What is the Dividend Yield of EFC (I) Ltd?

The Dividend Yield of EFC (I) Ltd is 0.00 %.

What is the ROCE of EFC (I) Ltd?

The ROCE of EFC (I) Ltd is 18.7 %.

What is the ROE of EFC (I) Ltd?

The ROE of EFC (I) Ltd is 23.0 %.

What is the Face Value of EFC (I) Ltd?

The Face Value of EFC (I) 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 EFC (I) 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