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Last Updated on: 24 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 526468 | NSE: EUROLED

Euro Leder Fashion Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 24, 2024, 12:18 pm

Market Cap 12.4 Cr.
Current Price 27.7
High / Low 33.7/17.6
Stock P/E155
Book Value 32.2
Dividend Yield0.00 %
ROCE6.05 %
ROE2.31 %
Face Value 10.0
PEG Ratio-361.14

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

View Share Price Target for Euro Leder Fashion Ltd

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
NB Footwear Ltd 21.9 Cr. 16.2 20.9/5.66 1.090.00 %%% 10.0
Euro Leder Fashion Ltd 12.4 Cr. 27.7 33.7/17.6155 32.20.00 %6.05 %2.31 % 10.0
Billwin Industries Ltd 14.6 Cr. 35.0 70.1/34.221.8 33.10.00 %13.4 %12.8 % 10.0
Anka India Ltd 30.1 Cr. 19.6 22.0/9.25 5.360.00 %%% 10.0
Amin Tannery Ltd 27.4 Cr. 2.54 3.09/1.9691.4 1.170.00 %5.03 %2.92 % 1.00
Industry Average851.33 Cr210.51340.69126.900.08%7.85%4.96%8.00

All Competitor Stocks of

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales8.168.277.0510.357.548.738.4414.538.558.747.458.543.21
Expenses8.468.777.0410.937.648.538.0114.888.158.767.118.903.18
Operating Profit-0.30-0.500.01-0.58-0.100.200.43-0.350.40-0.020.34-0.360.03
OPM %-3.68%-6.05%0.14%-5.60%-1.33%2.29%5.09%-2.41%4.68%-0.23%4.56%-4.22%0.93%
Other Income0.670.960.431.490.410.480.261.120.310.790.160.970.22
Interest0.200.200.200.620.070.390.450.510.470.530.250.390.12
Depreciation0.100.160.110.190.140.140.140.100.110.110.110.120.09
Profit before tax0.070.100.130.100.100.150.100.160.130.130.140.100.04
Tax %0.00%0.00%23.08%60.00%10.00%13.33%0.00%68.75%15.38%30.77%28.57%100.00%25.00%
Net Profit0.070.100.100.040.090.130.100.060.120.100.090.000.02
EPS in Rs0.160.220.220.090.200.290.220.130.270.220.200.000.04

Last Updated: October 7, 2024, 8:06 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 2:35 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales38.3363.3950.3461.7480.1382.5979.0561.4138.1836.2640.7133.2827.94
Expenses37.9764.3949.7860.8779.8681.5678.0160.9037.0235.2239.0432.9027.95
Operating Profit0.36-1.000.560.870.271.031.040.511.161.041.670.38-0.01
OPM %0.94%-1.58%1.11%1.41%0.34%1.25%1.32%0.83%3.04%2.87%4.10%1.14%-0.04%
Other Income0.235.890.991.422.541.871.981.581.091.130.782.212.14
Interest0.630.950.861.291.541.451.570.831.331.221.421.641.29
Depreciation0.170.180.200.370.310.380.470.460.510.550.510.450.43
Profit before tax-0.213.760.490.630.961.070.980.800.410.400.520.500.41
Tax %4.76%6.12%42.86%28.57%35.42%33.64%57.14%40.00%46.34%22.50%26.92%38.00%
Net Profit-0.233.540.280.450.620.710.420.480.210.310.380.310.21
EPS in Rs-0.517.910.631.011.391.590.941.070.470.690.850.690.46
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)1639.13%-92.09%60.71%37.78%14.52%-40.85%14.29%-56.25%47.62%22.58%-18.42%
Change in YoY Net Profit Growth (%)0.00%-1731.22%152.80%-22.94%-23.26%-55.36%55.13%-70.54%103.87%-25.04%-41.00%

Euro Leder Fashion 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:-6%
5 Years:-16%
3 Years:-4%
TTM:-42%
Compounded Profit Growth
10 Years:-7%
5 Years:-5%
3 Years:11%
TTM:-79%
Stock Price CAGR
10 Years:16%
5 Years:%
3 Years:23%
1 Year:38%
Return on Equity
10 Years:4%
5 Years:3%
3 Years:2%
Last Year:2%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 4:31 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital3.403.403.643.913.913.913.913.913.913.913.913.913.91
Reserves2.806.346.627.077.698.408.829.309.519.8210.2010.5110.50
Borrowings13.9514.4411.0714.8116.7615.7618.5817.6019.2118.5023.9219.3215.77
Other Liabilities5.648.837.0710.2917.7125.6921.4521.2416.2612.2414.4513.8514.04
Total Liabilities25.7933.0128.4036.0846.0753.7652.7652.0548.8944.4752.4847.5944.22
Fixed Assets2.431.841.892.1311.3713.0214.7715.0815.8615.3514.8414.6914.57
CWIP0.170.190.190.190.190.190.190.190.190.190.190.190.19
Investments0.050.100.180.241.221.271.371.531.781.411.501.401.72
Other Assets23.1430.8826.1433.5233.2939.2836.4335.2531.0627.5235.9531.3127.74
Total Assets25.7933.0128.4036.0846.0753.7652.7652.0548.8944.4752.4847.5944.22

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-8.134.604.202.236.511.93-0.373.101.54-1.14-3.276.50
Cash from Investing Activity +-0.280.39-0.25-0.68-9.58-2.09-2.25-0.77-1.34-0.050.010.34
Cash from Financing Activity +8.21-0.04-3.882.750.81-1.951.64-1.600.28-1.924.00-6.24
Net Cash Flow-0.204.950.064.29-2.26-2.11-0.990.720.48-3.110.750.60

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-13.59-15.44-10.51-13.94-16.49-14.73-17.54-17.09-18.05-17.46-22.25-18.94

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days111.7975.6060.4086.6165.7357.7666.1769.0166.2560.90104.4575.35
Inventory Days79.9745.2659.2728.6026.3853.3763.92107.29226.46238.96287.61377.66
Days Payable27.5525.4920.3815.2861.5595.72104.94125.1782.0175.07101.92148.62
Cash Conversion Cycle164.2295.3899.2899.9430.5615.4125.1451.12210.70224.80290.15304.39
Working Capital Days153.9891.0399.7072.3629.7930.0546.3151.71107.36116.47161.39172.96
ROCE %2.81%7.35%6.11%8.49%9.34%9.14%8.66%5.25%5.64%5.00%5.49%6.05%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters40.78%40.78%40.90%40.90%40.90%40.94%40.94%40.92%41.03%41.01%41.00%40.97%
DIIs0.40%0.40%0.40%0.40%0.40%0.40%0.40%0.40%0.40%0.40%0.40%0.40%
Public58.83%58.83%58.70%58.70%58.71%58.67%58.66%58.68%58.57%58.59%58.60%58.64%
No. of Shareholders4,9395,0555,0515,0294,9664,9754,9755,0425,0615,1135,1365,206

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 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.780.980.780.551.23
Diluted EPS (Rs.)0.780.980.780.551.23
Cash EPS (Rs.)1.942.292.201.862.41
Book Value[Excl.RevalReserv]/Share (Rs.)36.8836.0935.1134.3333.78
Book Value[Incl.RevalReserv]/Share (Rs.)36.8836.0935.1134.3333.78
Revenue From Operations / Share (Rs.)85.13104.1292.7497.65157.06
PBDIT / Share (Rs.)6.636.275.545.745.36
PBIT / Share (Rs.)5.474.964.124.434.17
PBT / Share (Rs.)1.281.331.021.032.04
Net Profit / Share (Rs.)0.780.970.780.541.23
PBDIT Margin (%)7.786.025.975.873.41
PBIT Margin (%)6.424.764.444.532.65
PBT Margin (%)1.501.271.091.061.30
Net Profit Margin (%)0.920.940.840.560.78
Return on Networth / Equity (%)2.122.712.221.603.63
Return on Capital Employeed (%)12.1412.4110.3511.4310.95
Return On Assets (%)0.640.720.680.430.92
Total Debt / Equity (X)0.001.701.351.431.33
Asset Turnover Ratio (%)0.660.830.770.751.17
Current Ratio (X)1.040.950.830.900.92
Quick Ratio (X)0.470.500.320.540.64
Inventory Turnover Ratio (X)1.071.851.842.224.95
Interest Coverage Ratio (X)1.581.731.781.692.52
Interest Coverage Ratio (Post Tax) (X)1.191.271.251.161.58
Enterprise Value (Cr.)3.8728.4522.1521.3920.27
EV / Net Operating Revenue (X)0.110.690.610.560.33
EV / EBITDA (X)1.4911.6010.229.539.68
MarketCap / Net Operating Revenue (X)0.220.180.150.190.12
Price / BV (X)0.500.520.420.550.56
Price / Net Operating Revenue (X)0.220.180.150.190.12
EarningsYield0.040.050.050.020.06

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Euro Leder Fashion Ltd as of December 24, 2024 is: 117.60

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 24, 2024, Euro Leder Fashion Ltd is Undervalued by 324.55% compared to the current share price 27.70

Intrinsic Value of Euro Leder Fashion Ltd as of December 24, 2024 is: 117.10

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 24, 2024, Euro Leder Fashion Ltd is Undervalued by 322.74% compared to the current share price 27.70

Last 5 Year EPS CAGR: -0.43%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (53.33 cr) and profit (0.82 cr) over the years.
  1. The stock has a low average ROCE of 6.61%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 94.43, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 134.26, which may not be favorable.
  4. The company has higher borrowings (16.90) compared to reserves (8.28), 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 Euro Leder Fashion Ltd:
    1. Net Profit Margin: 0.92%
      • 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: 12.14% (Industry Average ROCE: 7.85%)
      • 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%: 2.12% (Industry Average ROE: 4.96%)
      • 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): 1.19
      • 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: 0.47
      • 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: 155 (Industry average Stock P/E: 340.69)
      • 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

Euro Leder Fashions Ltd. is a Public Limited Listed company incorporated on 05/02/1992 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L18209TN1992PLC022134 and registration number is 022134. Currently Company is involved in the business activities of Manufacture of wearing apparel, except fur apparel. Company’s Total Operating Revenue is Rs. 36.26 Cr. and Equity Capital is Rs. 3.91 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Leather/Synthetic ProductsNo.10, P.P.Amman Koil Street, Nagelkeni, Chennai (Madras) Tamil Nadu 600044admin@euroleder.com
www.euroleder.com
Management
NamePosition Held
Mr. R M LakshmananManaging Director
Mr. L RamanathanWhole Time Director
Mrs. P ShanmathyInd. Non-Executive Director
Mr. Ravindran VaradarajanAddnl.Non Exe.Independent Director
Mr. I M KavinesanAddnl. & Non Exe.Director

FAQ

What is the latest intrinsic value of Euro Leder Fashion Ltd?

The latest intrinsic value of Euro Leder Fashion Ltd as on 24 December 2024 is ₹117.60, which is 324.55% higher than the current market price of ₹27.70. The stock has a market capitalization of 12.4 Cr. and recorded a high/low of 33.7/17.6 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹10.50 Cr and total liabilities of ₹44.22 Cr.

What is the Market Cap of Euro Leder Fashion Ltd?

The Market Cap of Euro Leder Fashion Ltd is 12.4 Cr..

What is the current Stock Price of Euro Leder Fashion Ltd as on 24 December 2024?

The current stock price of Euro Leder Fashion Ltd as on 24 December 2024 is 27.7.

What is the High / Low of Euro Leder Fashion Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Euro Leder Fashion Ltd stocks is 33.7/17.6.

What is the Stock P/E of Euro Leder Fashion Ltd?

The Stock P/E of Euro Leder Fashion Ltd is 155.

What is the Book Value of Euro Leder Fashion Ltd?

The Book Value of Euro Leder Fashion Ltd is 32.2.

What is the Dividend Yield of Euro Leder Fashion Ltd?

The Dividend Yield of Euro Leder Fashion Ltd is 0.00 %.

What is the ROCE of Euro Leder Fashion Ltd?

The ROCE of Euro Leder Fashion Ltd is 6.05 %.

What is the ROE of Euro Leder Fashion Ltd?

The ROE of Euro Leder Fashion Ltd is 2.31 %.

What is the Face Value of Euro Leder Fashion Ltd?

The Face Value of Euro Leder Fashion Ltd is 10.0.

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 Euro Leder Fashion 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