Foods & Inns Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 12:58 am

Market Cap	869 Cr.
Current Price	119
High / Low	178/110
Stock P/E	32.0
Book Value	70.2
Dividend Yield	0.25 %
ROCE	14.9 %
ROE	10.3 %
Face Value	1.00
PEG Ratio	0.70

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Nakoda Group of Industries Ltd	55.8 Cr.	40.0	59.5/33.3		11.8	0.00 %	1.80 %	12.1 %	10.0
ICL Organic Dairy Products Ltd	23.8 Cr.	39.7	39.7/39.7	1,192	20.1	0.00 %	0.25 %	0.17 %	10.0
Himalaya Food International Ltd	112 Cr.	19.3	29.9/19.0	17.8	24.4	0.00 %	3.63 %	3.61 %	10.0
Goldcoin Health Foods Ltd	3.38 Cr.	11.3	13.6/6.14		3.43	0.00 %	18.4 %	24.2 %	10.0
Galaxy Cloud Kitchens Ltd	282 Cr.	62.7	67.5/12.2		4.78	0.00 %	%	%	10.0
Industry Average	17,909.76 Cr	828.55		196.45	120.94	0.20%	18.35%	18.37%	6.63

All Competitor Stocks of

Quarterly Result

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	Sep 2024
Sales	170	122	195	220	245	201	333	288	237	150	345	247	169
Expenses	155	113	185	203	218	181	300	257	204	132	307	221	145
Operating Profit	15	8	10	17	28	20	33	32	33	18	38	26	24
OPM %	9%	7%	5%	8%	11%	10%	10%	11%	14%	12%	11%	11%	14%
Other Income	1	2	4	1	1	5	1	2	0	2	3	4	2
Interest	4	6	6	6	6	7	9	9	10	10	16	14	13
Depreciation	3	3	4	4	4	4	3	4	4	4	4	5	5
Profit before tax	9	2	5	9	19	15	22	20	19	5	20	11	8
Tax %	29%	68%	36%	21%	26%	24%	31%	29%	29%	28%	74%	37%	-37%
Net Profit	6	0	3	7	14	11	15	14	13	4	5	7	11
EPS in Rs	1.25	0.06	0.58	1.39	2.73	2.23	2.98	2.68	2.51	0.70	0.92	0.96	1.53

Last Updated: November 6, 2024, 6:44 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 2:32 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	257	305	359	335	354	335	339	392	371	632	999	1,020	979
Expenses	235	280	315	306	326	305	312	359	347	580	898	897	864
Operating Profit	22	24	44	30	28	30	26	33	24	52	102	123	115
OPM %	9%	8%	12%	9%	8%	9%	8%	8%	6%	8%	10%	12%	12%
Other Income	3	6	4	4	15	7	119	4	11	6	7	6	9
Interest	18	20	22	20	24	22	16	13	16	21	30	49	51
Depreciation	5	5	11	8	10	10	12	12	12	13	14	16	17
Profit before tax	3	6	15	5	9	5	118	11	5	24	65	64	55
Tax %	0%	10%	19%	90%	48%	26%	8%	3%	28%	35%	27%	43%
Net Profit	3	5	12	1	5	3	109	11	4	15	47	37	29
EPS in Rs	0.57	1.21	2.84	0.14	-0.30	0.71	21.71	2.20	0.78	3.04	9.31	6.47	5.09
Dividend Payout %	6%	5%	3%	59%	-34%	14%	0%	9%	26%	8%	5%	5%

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 (%)	66.67%	140.00%	-91.67%	400.00%	-40.00%	3533.33%	-89.91%	-63.64%	275.00%	213.33%	-21.28%
Change in YoY Net Profit Growth (%)	0.00%	73.33%	-231.67%	491.67%	-440.00%	3573.33%	-3623.24%	26.27%	338.64%	-61.67%	-234.61%

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:	13%
5 Years:	25%
3 Years:	40%
TTM:	-14%

Compounded Profit Growth
10 Years:	21%
5 Years:	12%
3 Years:	111%
TTM:	-46%

Stock Price CAGR
10 Years:	17%
5 Years:	23%
3 Years:	12%
1 Year:	-27%

Return on Equity
10 Years:	10%
5 Years:	10%
3 Years:	12%
Last Year:	10%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 1:42 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	Sep 2024
Equity Capital	1	1	1	1	2	2	2	5	5	5	5	6	7
Reserves	33	37	50	50	57	60	168	174	177	192	307	393	506
Borrowings	186	191	153	199	177	190	99	134	164	223	342	469	473
Other Liabilities	42	69	76	55	110	114	92	106	81	154	156	160	465
Total Liabilities	262	299	280	306	346	366	361	420	427	574	811	1,027	1,452
Fixed Assets	83	92	88	106	136	127	119	133	127	133	173	246	268
CWIP	12	14	17	1	1	2	2	3	18	55	61	39	54
Investments	0	0	0	0	0	0	0	0	0	1	12	12	13
Other Assets	167	193	175	198	210	236	240	283	282	384	565	729	1,118
Total Assets	262	299	280	306	346	366	361	420	427	574	811	1,027	1,452

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 +	4	21	68	-20	61	15	-18	-2	15	15	-73	-22
Cash from Investing Activity +	-8	-13	-8	-8	-30	-10	120	-20	-20	-52	-77	-95
Cash from Financing Activity +	7	-10	-60	28	-24	-14	-99	16	-10	29	134	60
Net Cash Flow	2	-2	-0	-0	8	-9	2	-5	-15	-8	-17	-56

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	-164.00	-167.00	-109.00	-169.00	-149.00	-160.00	-73.00	-101.00	-140.00	-171.00	-240.00	-346.00

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	49	57	35	50	50	70	69	76	81	55	55	63
Inventory Days	242	185	150	188	181	200	193	205	199	186	173	197
Days Payable	47	51	67	45	104	131	62	115	94	115	65	48
Cash Conversion Cycle	244	192	119	194	127	139	200	166	186	125	163	212
Working Capital Days	139	126	80	140	99	125	131	141	170	116	137	188
ROCE %	10%	11%	17%	11%	13%	11%	7%	8%	7%	12%	17%	15%

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	45.21%	45.21%	45.23%	42.55%	40.44%	38.82%	28.74%	28.82%	27.71%	20.58%	16.00%	25.47%
FIIs	0.00%	0.06%	0.00%	0.18%	0.27%	0.44%	0.62%	0.76%	0.12%	0.29%	1.60%	1.49%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.21%	0.10%	0.15%	0.00%	0.05%	0.00%
Public	54.79%	54.73%	54.77%	57.27%	59.29%	60.75%	70.43%	70.32%	72.03%	79.13%	82.33%	73.04%
No. of Shareholders	11,610	11,987	12,165	13,346	13,590	13,480	16,452	17,741	19,749	21,455	21,354	22,476

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	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	6.82	9.31	3.04	0.78	2.34
Diluted EPS (Rs.)	6.16	8.33	3.04	0.78	2.34
Cash EPS (Rs.)	9.38	12.17	5.82	3.26	4.67
Book Value[Excl.RevalReserv]/Share (Rs.)	69.99	61.32	39.07	36.25	35.63
Book Value[Incl.RevalReserv]/Share (Rs.)	69.99	61.32	39.07	36.25	35.63
Revenue From Operations / Share (Rs.)	179.71	195.45	125.58	73.66	77.92
PBDIT / Share (Rs.)	22.38	19.93	11.24	6.44	7.01
PBIT / Share (Rs.)	19.49	17.18	8.59	3.96	4.54
PBT / Share (Rs.)	11.37	12.79	4.82	1.09	2.28
Net Profit / Share (Rs.)	6.49	9.42	3.18	0.78	2.20
NP After MI And SOA / Share (Rs.)	6.47	9.31	3.04	0.78	2.20
PBDIT Margin (%)	12.45	10.19	8.94	8.74	8.99
PBIT Margin (%)	10.84	8.78	6.84	5.37	5.82
PBT Margin (%)	6.32	6.54	3.84	1.47	2.92
Net Profit Margin (%)	3.61	4.81	2.53	1.05	2.82
NP After MI And SOA Margin (%)	3.59	4.76	2.41	1.05	2.82
Return on Networth / Equity (%)	9.24	15.17	7.77	2.15	6.18
Return on Capital Employeed (%)	22.44	23.55	17.44	10.19	11.88
Return On Assets (%)	3.57	5.84	2.66	0.91	2.64
Long Term Debt / Equity (X)	0.20	0.17	0.22	0.06	0.06
Total Debt / Equity (X)	1.18	1.08	1.09	0.85	0.72
Asset Turnover Ratio (%)	1.11	1.44	1.24	0.84	0.98
Current Ratio (X)	1.35	1.26	1.11	1.15	1.17
Quick Ratio (X)	0.62	0.50	0.47	0.57	0.55
Inventory Turnover Ratio (X)	2.11	2.92	2.79	1.61	1.91
Dividend Payout Ratio (NP) (%)	7.29	2.65	6.58	25.61	10.94
Dividend Payout Ratio (CP) (%)	5.04	2.04	3.52	6.13	5.16
Earning Retention Ratio (%)	92.71	97.35	93.42	74.39	89.06
Cash Earning Retention Ratio (%)	94.96	97.96	96.48	93.87	94.84
Interest Coverage Ratio (X)	2.75	3.67	2.98	2.24	3.09
Interest Coverage Ratio (Post Tax) (X)	1.80	2.54	1.84	1.27	1.97
Enterprise Value (Cr.)	1167.36	925.13	622.91	415.77	297.10
EV / Net Operating Revenue (X)	1.14	0.92	0.98	1.12	0.75
EV / EBITDA (X)	9.19	9.11	11.01	12.82	8.42
MarketCap / Net Operating Revenue (X)	0.72	0.60	0.65	0.73	0.44
Retention Ratios (%)	92.70	97.34	93.41	74.38	89.05
Price / BV (X)	1.86	1.94	2.12	1.50	0.96
Price / Net Operating Revenue (X)	0.72	0.60	0.65	0.73	0.44
EarningsYield	0.04	0.07	0.03	0.01	0.06

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 231.96

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 21, 2024, is Undervalued by 94.92% compared to the current share price 119.00

Intrinsic Value of as of December 21, 2024 is: 337.55

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 21, 2024, is Undervalued by 183.66% compared to the current share price 119.00

Last 5 Year EPS CAGR: 45.52%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (435.23 cr) and profit (29.62 cr) over the years.	The stock has a low average ROCE of 11.58%, which may not be favorable. The stock has a high average Working Capital Days of 132.67, which may not be favorable. The stock has a high average Cash Conversion Cycle of 172.25, which may not be favorable. The company has higher borrowings (230.77) compared to reserves (169.54), which may suggest financial risk.

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 :
1. Net Profit Margin: 3.61%
  - 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: 22.44% (Industry Average ROCE: 18.35%)
  - 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%: 9.24% (Industry Average ROE: 18.37%)
  - 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): 1.8
  - 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: 0.62
  - 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: 32 (Industry average Stock P/E: 196.45)
  - 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: 1.18
  - 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

Foods & Inns Ltd. is a Public Limited Listed company incorporated on 11/10/1967 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L55200MH1967PLC013837 and registration number is 013837. Currently company belongs to the Industry of Food Processing - Bakery/Dairy/Fruits/Others. Company’s Total Operating Revenue is Rs. 616.49 Cr. and Equity Capital is Rs. 5.03 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Food Processing - Bakery/Dairy/Fruits/Others	Udyog Bhavan, 2nd Floor, Mumbai Maharashtra 400038	writetous@foodsandinns.com http://www.foodsandinns.com

Management
Name	Position Held
Mr. Bhupendra Dalal	Chairman, Non Ind & Non Exe Director
Mr. Milan Dalal	Promoter Managing Director
Mr. Raymond Simkins	Non Exe.Non Ind.Director
Mr. Maneck Davar	Ind. Non-Executive Director
Mr. Hormazdiyaar Vakil	Ind. Non-Executive Director
Ms. Karishma Bhalla	Ind. Non-Executive Director
Mr. A V Seshadrinathan	Ind. Non-Executive Director
Mr. Sanjay D Naik	Ind. Non-Executive Director

FAQ

What is the latest intrinsic value of Foods & Inns Ltd?

The latest intrinsic value of Foods & Inns Ltd as on 21 December 2024 is ₹231.96, which is 94.92% higher than the current market price of ₹119.00. The stock has a market capitalization of 869 Cr. and recorded a high/low of 178/110 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹506 Cr and total liabilities of ₹1,452 Cr.

What is the Market Cap of Foods & Inns Ltd?

The Market Cap of Foods & Inns Ltd is 869 Cr..

What is the current Stock Price of Foods & Inns Ltd as on 21 December 2024?

The current stock price of Foods & Inns Ltd as on 21 December 2024 is 119.

What is the High / Low of Foods & Inns Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Foods & Inns Ltd stocks is 178/110.

What is the Stock P/E of Foods & Inns Ltd?

The Stock P/E of Foods & Inns Ltd is 32.0.

What is the Book Value of Foods & Inns Ltd?

The Book Value of Foods & Inns Ltd is 70.2.

What is the Dividend Yield of Foods & Inns Ltd?

The Dividend Yield of Foods & Inns Ltd is 0.25 %.

What is the ROCE of Foods & Inns Ltd?

The ROCE of Foods & Inns Ltd is 14.9 %.

What is the ROE of Foods & Inns Ltd?

The ROE of Foods & Inns Ltd is 10.3 %.

What is the Face Value of Foods & Inns Ltd?

The Face Value of Foods & Inns Ltd is 1.00.