Fundamental Analysis of Euro India Fresh Foods Ltd

About the Company - Euro India Fresh Foods Ltd

Euro India Fresh Foods Ltd. is a Public Limited Listed company incorporated on 13/08/2009 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L15400GJ2009PLC057789 and registration number is 057789. Currently Company is involved in the business activities of Manufacture of potato flour & meals and prepared meals of vegetables. Company’s Total Operating Revenue is Rs. 116.43 Cr. and Equity Capital is Rs. 24.80 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Food Processing - Bakery/Dairy/Fruits/Others	Plot No. A-22/1, Ichhapore G.I.D.C., Surat Gujarat 394510	info@euroindiafoods.com http://www.euroindiafoods.com

Management
Name	Position Held
Mr. Manharbhai Jivanbhai Sanspara	Chairman & Managing Director
Mr. Dinesh Jivanbhai Sanspara	Joint Managing Director
Mr. Mahesh Vallabhbhai Mavani	Executive Director
Mr. Dipesh Dinesh Sanspara	Executive Director
Mrs. Maya Dinesh Sanspara	Non Executive Director
Mr. Paresh Bhupatbhai Lathiya	Ind. Non-Executive Director
Mr. Parth Vallabhbhai Sanspara	Ind. Non-Executive Director
Mrs. Geeta Dinesh Tejani	Ind. Non-Executive Director
Mr. Rahil Vinodbhai Dhameliya	Ind. Non-Executive Director
Mr. Snehal Manjibhai Patel	Ind. Non-Executive Director

Basic Stock Data of Euro India Fresh Foods Ltd

Last Updated: July 26, 2024, 10:48 pm

Market Cap	366 Cr.
Current Price	148
High / Low	169/124
Stock P/E	167
Book Value	26.9
Dividend Yield	0.00 %
ROCE	6.39 %
ROE	3.34 %
Face Value	10.0
PEG Ratio	4.23

Data Source: screener.in

Euro India Fresh Foods Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	27.67	24.97	24.10	24.11	30.91	29.02	37.87	36.93	33.34	34.84	27.88	26.89	30.11
Expenses	24.63	22.00	22.55	22.48	28.90	26.90	36.10	34.95	31.46	32.52	25.92	24.60	27.40
Operating Profit	3.04	2.97	1.55	1.63	2.01	2.12	1.77	1.98	1.88	2.32	1.96	2.29	2.71
OPM %	10.99%	11.89%	6.43%	6.76%	6.50%	7.31%	4.67%	5.36%	5.64%	6.66%	7.03%	8.52%	9.00%
Other Income	-0.01	0.28	0.16	0.02	0.02	0.17	0.02	0.02	0.06	0.01	0.04	0.14	0.03
Interest	0.76	0.71	0.70	0.70	0.75	0.73	0.79	0.83	0.92	0.87	0.87	0.91	0.95
Depreciation	0.66	0.67	0.68	0.68	0.68	0.68	0.69	0.72	0.72	0.68	0.69	0.70	0.71
Profit before tax	1.61	1.87	0.33	0.27	0.60	0.88	0.31	0.45	0.30	0.78	0.44	0.82	1.08
Tax %	0.62%	-0.00%	-0.00%	-0.00%	-0.00%	88.64%	-0.00%	-0.00%	-0.00%	64.10%	-0.00%	-0.00%	-0.00%
Net Profit	1.60	1.87	0.33	0.27	0.60	0.10	0.31	0.45	0.30	0.28	0.44	0.82	1.08
EPS in Rs	0.65	0.75	0.13	0.11	0.24	0.04	0.12	0.18	0.12	0.11	0.18	0.33	0.44

Last Updated: July 18, 2024, 7:58 am

Euro India Fresh Foods Ltd Quarterly Chart

Euro India Fresh Foods Ltd Profit & Loss

Last Updated: July 10, 2024, 4:52 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	0	12	48	43	47	48	55	72	93	98	116	143	123
Expenses	0	11	45	38	42	44	50	67	88	92	109	135	114
Operating Profit	0	1	3	5	6	4	5	5	5	6	8	8	8
OPM %		5%	6%	12%	12%	8%	9%	6%	5%	7%	6%	5%	7%
Other Income	0	0	0	0	0	1	1	1	0	0	0	0	0
Interest	0	0	2	3	3	2	2	2	2	3	3	3	4
Depreciation	0	0	1	2	2	2	2	2	2	3	3	3	3
Profit before tax	0	0	1	1	0	1	2	1	1	2	2	2	2
Tax %		150%	77%	58%	94%	-93%	1%	34%	55%	13%	36%	29%
Net Profit	0	-0	0	0	0	1	2	1	0	1	1	1	2
EPS in Rs	0.00	-0.04	0.12	0.45	0.01	0.55	0.65	0.35	0.14	0.53	0.56	0.49	0.74
Dividend Payout %		0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Euro India Fresh Foods Ltd Profit & Loss Yearly Chart

Euro India Fresh Foods Ltd Growth

Compounded Sales Growth
10 Years:	9%
5 Years:	9%
3 Years:	4%
TTM:	-22%

Compounded Profit Growth
10 Years:	34%
5 Years:	29%
3 Years:	18%
TTM:	81%

Stock Price CAGR
10 Years:	%
5 Years:	6%
3 Years:	22%
1 Year:	5%

Return on Equity
10 Years:	2%
5 Years:	2%
3 Years:	3%
Last Year:	3%

Last Updated: July 25, 2024, 7:02 am

Euro India Fresh Foods Ltd Balance Sheet

Last Updated: July 10, 2024, 4:52 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	1	5	10	10	20	25	25	25	25	25	25	25	25
Reserves	0	-0	0	1	-0	33	34	35	36	37	38	40	41
Borrowings	6	21	35	47	41	40	16	16	19	33	37	39	38
Other Liabilities	1	8	15	14	16	16	12	17	22	17	15	19	19
Total Liabilities	9	35	60	72	77	114	87	93	102	112	116	122	123
Fixed Assets	1	17	20	30	30	30	31	30	33	35	33	33	32
CWIP	5	4	9	1	1	1	1	1	1	1	0	0	0
Investments	0	0	0	0	0	0	1	1	1	0	0	0	0
Other Assets	3	14	32	41	47	83	54	61	67	76	82	89	90
Total Assets	9	35	60	72	77	114	87	93	102	112	116	122	123

Euro India Fresh Foods Ltd Reserves and Borrowings Chart

Euro India Fresh Foods Ltd 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	-2	-9	-4	1	6	-7	5	4	6	-3	7	10
Cash from Investing Activity	-15	-8	-4	-1	-2	-4	-0	-5	-5	0	-3	-4
Cash from Financing Activity	17	17	8	0	33	-26	-4	1	-1	3	-5	-5
Net Cash Flow	0	0	0	-0	37	-37	0	-0	0	-0	-0	0

Euro India Fresh Foods Ltd Financial Efficiency Indicators

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days		37	38	129	143	127	144	107	68	59	48	57
Inventory Days		556	342	346	360	344	336	323	309	328	302	247
Days Payable		256	185	174	122	123	49	81	82	58	39	42
Cash Conversion Cycle		337	195	301	381	349	431	349	296	329	311	262
Working Capital Days		213	136	217	247	225	280	221	178	220	212	182
ROCE %	0%	2%	6%	7%	7%	5%	4%	4%	4%	5%	5%	5%

Euro India Fresh Foods Ltd Financial Efficiency Indicators Chart

Euro India Fresh Foods Ltd 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	73.50%	73.50%	73.50%	73.50%	73.50%	73.50%	73.50%	73.50%	73.50%	73.50%	73.50%	73.50%
Public	26.50%	26.50%	26.50%	26.49%	26.50%	26.50%	26.50%	26.50%	26.50%	26.50%	53.00%	26.50%
No. of Shareholders	298	512	788	881	1,334	1,191	1,334	1,344	1,507	1,493	3,413	1,728

Euro India Fresh Foods Ltd Shareholding Pattern Chart

No. of Euro India Fresh Foods Ltd Shareholders

This stock is not held by any mutual fund

Euro India Fresh Foods Ltd ROCE Trend

Euro India Fresh Foods Ltd EPS Trend

Euro India Fresh Foods Ltd 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.)	0.88	0.49	0.56	0.53	0.14
Diluted EPS (Rs.)	0.88	0.49	0.56	0.53	0.14
Cash EPS (Rs.)	2.01	1.62	1.66	1.58	1.12
Book Value[Excl.RevalReserv]/Share (Rs.)	26.90	26.00	25.52	24.86	24.36
Book Value[Incl.RevalReserv]/Share (Rs.)	26.90	26.00	25.52	24.86	24.36
Revenue From Operations / Share (Rs.)	44.85	57.65	46.95	39.61	37.41
PBDIT / Share (Rs.)	3.82	3.20	3.13	2.71	2.18
PBIT / Share (Rs.)	2.69	2.06	2.03	1.66	1.20
PBT / Share (Rs.)	1.23	0.68	0.87	0.60	0.31
Net Profit / Share (Rs.)	0.88	0.48	0.56	0.53	0.14
PBDIT Margin (%)	8.52	5.54	6.67	6.83	5.83
PBIT Margin (%)	6.00	3.58	4.32	4.18	3.21
PBT Margin (%)	2.74	1.19	1.86	1.53	0.82
Net Profit Margin (%)	1.96	0.84	1.19	1.34	0.38
Return on Networth / Equity (%)	3.28	1.87	2.19	2.14	0.58
Return on Capital Employeed (%)	8.31	6.42	6.34	5.80	4.38
Return On Assets (%)	1.82	0.99	1.20	1.17	0.34
Long Term Debt / Equity (X)	0.15	0.18	0.20	0.10	0.08
Total Debt / Equity (X)	0.58	0.59	0.58	0.54	0.31
Asset Turnover Ratio (%)	0.91	1.20	1.02	0.91	0.95
Current Ratio (X)	2.11	2.06	2.23	1.79	1.95
Quick Ratio (X)	0.50	0.59	0.49	0.43	0.55
Inventory Turnover Ratio (X)	1.18	1.56	1.29	1.29	1.46
Interest Coverage Ratio (X)	2.61	2.33	2.71	2.59	2.46
Interest Coverage Ratio (Post Tax) (X)	1.60	1.35	1.48	1.51	1.17
Enterprise Value (Cr.)	366.27	402.22	326.70	224.39	199.59
EV / Net Operating Revenue (X)	3.29	2.81	2.81	2.28	2.15
EV / EBITDA (X)	38.64	50.72	42.05	33.44	36.86
MarketCap / Net Operating Revenue (X)	2.94	2.54	2.49	1.95	1.95
Price / BV (X)	4.90	5.64	4.58	3.11	3.00
Price / Net Operating Revenue (X)	2.94	2.54	2.49	1.95	1.95
EarningsYield	0.01	0.00	0.00	0.01	0.00

Euro India Fresh Foods Ltd Profitability Ratios (%)

Euro India Fresh Foods Ltd Liquidity Ratios

Euro India Fresh Foods Ltd Liquidity Ratios (%)

Euro India Fresh Foods Ltd Interest Coverage Ratios (%)

Euro India Fresh Foods Ltd Valuation Ratios

Fair Value

Fair Value: 153.04

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: 3.41% compared to the current price 148

Intrinsic Value: 213.52

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: 44.27% compared to the current price 148

Last 5 Year EPS CAGR: 39.51%

*Investments are subject to market risks

Strength and Weakness of Euro India Fresh Foods Ltd Stock

Strength	Weakness
The company has shown consistent growth in sales (69.08 cr) and profit (1.15 cr) over the years.	The stock has a low average ROCE of 4.50%, which may not be favorable. The stock has a high average Working Capital Days of 194.25, which may not be favorable. The stock has a high average Cash Conversion Cycle of 295.08, which may not be favorable. The company has higher borrowings (31.92) compared to reserves (24.67), which may suggest financial risk.

FAQ

What is the latest fair value of Euro India Fresh Foods Ltd?

The latest fair value of Euro India Fresh Foods Ltd is ₹153.04.

What is the Market Cap of Euro India Fresh Foods Ltd?

The Market Cap of Euro India Fresh Foods Ltd is 366 Cr..

What is the current Stock Price of Euro India Fresh Foods Ltd as on 26 July 2024?

The current stock price of Euro India Fresh Foods Ltd as on 26 July 2024 is 148.

What is the High / Low of Euro India Fresh Foods Ltd stocks in FY 2024?

In FY 2024, the High / Low of Euro India Fresh Foods Ltd stocks is 169/124.

What is the Stock P/E of Euro India Fresh Foods Ltd?

The Stock P/E of Euro India Fresh Foods Ltd is 167.

What is the Book Value of Euro India Fresh Foods Ltd?

The Book Value of Euro India Fresh Foods Ltd is 26.9.

What is the Dividend Yield of Euro India Fresh Foods Ltd?

The Dividend Yield of Euro India Fresh Foods Ltd is 0.00 %.

What is the ROCE of Euro India Fresh Foods Ltd?

The ROCE of Euro India Fresh Foods Ltd is 6.39 %.

What is the ROE of Euro India Fresh Foods Ltd?

The ROE of Euro India Fresh Foods Ltd is 3.34 %.

What is the Face Value of Euro India Fresh Foods Ltd?

The Face Value of Euro India Fresh Foods Ltd is 10.0.