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Last Updated on: 04 March, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Impex Ferro Tech Ltd

About the Company - Impex Ferro Tech Ltd

Impex Ferro Tech Ltd. is a Public Limited Listed company incorporated on 07/06/1995 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L27101WB1995PLC071996 and registration number is 071996. Currently Company is involved in the business activities of Manufacture of ferro-alloys. Company’s Total Operating Revenue is Rs. 298.47 Cr. and Equity Capital is Rs. 87.93 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Ferro Alloys35, C.R. Avenue, 4th Floor, Kolkata West Bengal 700012investors@impexferrotech.com
http://www.impexferrotech.com
Management
NamePosition Held
Mr. Subham BhagatChairman & Managing Director
Mr. Ritesh ChandakAddnl.Non Executive Director
Mrs. Sujata AgarwalInd. Non-Executive Director
Mr. Debasish MukherjeeInd. Non-Executive Director
Mr. Sharat MalikInd. Non-Executive Director
Mr. Aritro RoyAddnl.Non Exe.Independent Director

Impex Ferro Tech Ltd. Share Price Update

Share PriceValue
Today₹6.22
Previous Day₹6.34

Basic Stock Data of Impex Ferro Tech Ltd

Market Cap 45.7 Cr.
Current Price 5.20
High / Low6.53/1.95
Stock P/E
Book Value 32.3
Dividend Yield0.00 %
ROCE261 %
ROE%
Face Value 10.0

Data Source: screener.in

Impex Ferro Tech Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales24.9024.2839.0248.5145.7094.47109.7989.1045.815.133.340.322.17
Expenses28.1229.4441.3443.1354.2889.17105.2493.4076.948.055.742.202.89
Operating Profit-3.22-5.16-2.325.38-8.585.304.55-4.30-31.13-2.92-2.40-1.88-0.72
OPM %-12.93%-21.25%-5.95%11.09%-18.77%5.61%4.14%-4.83%-67.95%-56.92%-71.86%-587.50%-33.18%
Other Income0.030.0311.840.030.080.15-16.960.030.030.5513.150.030.03
Interest0.000.000.000.000.060.040.040.000.000.000.000.000.00
Depreciation1.611.651.621.631.651.661.631.611.681.681.641.651.65
Profit before tax-4.80-6.787.903.78-10.213.75-14.08-5.88-32.78-4.059.11-3.50-2.34
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-4.80-6.787.903.78-10.213.75-14.08-5.88-32.78-4.059.11-3.50-2.34
EPS in Rs-0.55-0.770.900.43-1.160.43-1.60-0.67-3.73-0.461.04-0.40-0.27

Impex Ferro Tech Ltd Quarterly Chart

Impex Ferro Tech Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales526.23641.45697.74505.57271.91121.32129.2399.8252.91100.05298.47143.3810.96
Expenses496.92590.80722.11531.08312.95204.12185.24108.5872.65114.20291.84184.1118.88
Operating Profit29.3150.65-24.37-25.51-41.04-82.80-56.01-8.76-19.74-14.156.63-40.73-7.92
OPM %5.57%7.90%-3.49%-5.05%-15.09%-68.25%-43.34%-8.78%-37.31%-14.14%2.22%-28.41%-72.26%
Other Income5.562.736.303.051.212.990.790.281.5611.92-16.7013.7513.76
Interest24.2935.7835.9630.3434.240.526.001.190.030.010.130.010.00
Depreciation4.5411.4211.778.647.307.317.127.086.846.516.576.616.62
Profit before tax6.046.18-65.80-61.44-81.37-87.64-68.34-16.75-25.05-8.75-16.77-33.60-0.78
Tax %40.56%35.76%16.63%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit3.593.96-54.86-61.44-81.37-87.64-68.34-16.75-25.05-8.74-16.76-33.60-0.78
EPS in Rs0.530.59-6.72-7.53-9.25-9.97-7.77-1.90-2.85-0.99-1.91-3.82-0.09
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%

Impex Ferro Tech Ltd Profit & Loss Yearly Chart

Impex Ferro Tech Ltd Growth

Compounded Sales Growth
10 Years:-14%
5 Years:2%
3 Years:39%
TTM:-97%
Compounded Profit Growth
10 Years:%
5 Years:6%
3 Years:-44%
TTM:51%
Stock Price CAGR
10 Years:5%
5 Years:84%
3 Years:92%
1 Year:75%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Impex Ferro Tech Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital67.4767.4781.6081.6087.9387.9387.9387.9387.9387.9387.9387.9387.93
Reserves86.1090.0649.24-13.24-88.27-196.98-265.43-281.76-306.91-316.08-332.52-366.19-372.04
Borrowings207.88217.27250.81334.68359.90322.78317.01314.82312.00307.20290.17267.70267.67
Other Liabilities203.46227.25218.13191.39169.60147.4485.8097.83153.27183.06205.78215.64236.11
Total Liabilities564.91602.05599.78594.43529.16361.17225.31218.82246.29262.11251.36205.08219.67
Fixed Assets204.79203.72194.91185.35179.13173.64169.84166.77161.71155.94151.69148.67145.36
CWIP4.360.540.430.430.000.000.000.000.000.000.000.000.00
Investments0.000.000.000.050.000.000.000.000.000.000.000.000.00
Other Assets355.76397.79404.44408.60350.03187.5355.4752.0584.58106.1799.6756.4174.31
Total Assets564.91602.05599.78594.43529.16361.17225.31218.82246.29262.11251.36205.08219.67

Impex Ferro Tech Ltd Reserves and Borrowings Chart

Impex Ferro Tech Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 11.3840.60-30.94-75.54-11.0740.2012.156.644.625.5241.614.06
Cash from Investing Activity -20.38-17.225.7920.251.410.390.10-4.01-1.78-0.74-20.7914.76
Cash from Financing Activity 9.06-23.4525.5957.097.78-39.86-12.61-3.38-2.84-4.81-17.16-22.49
Net Cash Flow0.06-0.070.441.81-1.870.73-0.36-0.750.00-0.033.66-3.66

Impex Ferro Tech Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days89.7483.35101.05169.43296.74279.2614.5530.9075.6818.724.9316.19
Inventory Days143.75118.6074.91106.90133.42212.68132.87166.51460.53354.60102.8088.76
Days Payable137.59136.2998.60135.23218.27423.89258.43402.141,036.46540.22253.08363.86
Cash Conversion Cycle95.9165.6677.35141.10211.8968.05-111.02-204.74-500.25-166.90-145.35-258.91
Working Capital Days84.6275.3676.19148.77214.3614.65-241.97-469.36-1,465.31-278.57-156.03-404.81
ROCE %8.83%11.40%-7.89%-7.93%-12.36%-30.39%-35.30%-11.95%-23.38%-10.16%9.64%-260.88%

Impex Ferro Tech Ltd Financial Efficiency Indicators Chart

Impex Ferro Tech Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters69.10%69.10%69.10%69.10%69.10%69.10%69.11%69.11%69.11%69.11%69.11%69.11%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.01%0.01%0.00%0.00%
Public30.90%30.90%30.90%30.90%30.90%30.90%30.89%30.89%30.89%30.89%30.89%30.91%
No. of Shareholders11,31311,28411,20211,10610,94817,39518,99221,32120,59121,32120,12319,951

Impex Ferro Tech Ltd Shareholding Pattern Chart

No. of Impex Ferro Tech Ltd Shareholders

This stock is not held by any mutual fund

Impex Ferro Tech Ltd ROCE Trend

Impex Ferro Tech Ltd EPS Trend

Impex Ferro Tech Ltd Key Financial Ratios

MonthMar 15
FaceValue10.00
Basic EPS (Rs.)-7.54
Diluted EPS (Rs.)-7.54
Cash EPS (Rs.)-6.48
Book Value[Excl.RevalReserv]/Share (Rs.)8.37
Book Value[Incl.RevalReserv]/Share (Rs.)8.37
Revenue From Operations / Share (Rs.)61.99
PBDIT / Share (Rs.)-2.76
PBIT / Share (Rs.)-3.82
PBT / Share (Rs.)-7.54
Net Profit / Share (Rs.)-7.54
NP After MI And SOA / Share (Rs.)-7.54
PBDIT Margin (%)-4.45
PBIT Margin (%)-6.15
PBT Margin (%)-12.15
Net Profit Margin (%)-12.15
NP After MI And SOA Margin (%)-12.15
Return on Networth / Equity (%)-90.02
Return on Capital Employeed (%)-10.23
Return On Assets (%)-10.33
Long Term Debt / Equity (X)3.46
Total Debt / Equity (X)4.91
Current Ratio (X)1.40
Quick Ratio (X)0.98
Interest Coverage Ratio (X)-0.74
Interest Coverage Ratio (Post Tax) (X)-1.03
Enterprise Value (Cr.)342.27
EV / Net Operating Revenue (X)0.67
EV / EBITDA (X)-15.20
MarketCap / Net Operating Revenue (X)0.03
Price / BV (X)0.24
Price / Net Operating Revenue (X)0.03
EarningsYield-3.62

Impex Ferro Tech Ltd Profitability Ratios (%)

Impex Ferro Tech Ltd Liquidity Ratios

Impex Ferro Tech Ltd Liquidity Ratios (%)

Impex Ferro Tech Ltd Interest Coverage Ratios (%)

Impex Ferro Tech Ltd Valuation Ratios

Fair Value of Impex Ferro Tech Ltd Stock

Fair Value: ₹74.13

The stock is undervalued by 1,325.55% compared to the current price ₹5.2

*Investments are subject to market risks

Strength and Weakness of Impex Ferro Tech Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -78.15, which is a positive sign.
  2. The stock has a low average Cash Conversion Cycle of -60.60, which is a positive sign.
  1. The stock is trading at a high valuation with an average P/B ratio of -3.82 and average Dividend Yield of -6.15%.
  2. The stock has a low average ROCE of -30.86%, which may not be favorable.
  3. The company has higher borrowings (289.99) compared to reserves (-178.00), which may suggest financial risk.
  4. The company has not shown consistent growth in sales (276.85) and profit (-34.93).

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 Impex Ferro Tech 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