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Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Ind-Swift Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:23 am

Market Cap 157 Cr.
Current Price 29.0
High / Low 32.6/14.3
Stock P/E2.86
Book Value 122
Dividend Yield0.00 %
ROCE13.4 %
ROE%
Face Value 2.00
PEG Ratio0.04

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

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gujarat Themis Biosyn Ltd 3,354 Cr. 308 390/12863.6 20.50.22 %45.0 %33.8 % 1.00
Gujarat Terce Laboratories Ltd 62.6 Cr. 84.4 94.9/26.624.0 11.90.00 %9.72 %3.44 % 10.0
Gujarat Inject (Kerala) Ltd 35.9 Cr. 24.5 24.5/8.7446.6 6.640.00 %2.65 %2.08 % 10.0
Godavari Drugs Ltd 86.7 Cr. 115 155/87.013.0 55.40.00 %14.4 %15.5 % 10.0
Glenmark Life Sciences Ltd 12,416 Cr. 1,013 1,335/64529.3 2072.22 %28.1 %21.1 % 2.00
Industry Average19,016.52 Cr1,181.3156.05186.300.32%16.20%16.32%6.27

All Competitor Stocks of

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales10594909710410695104107106149116103
Expenses8794808592969093899813010598
Operating Profit18-01113121051118818114
OPM %17%-1%12%13%12%9%5%11%17%8%12%10%4%
Other Income15664721367633
Interest12131215141415151514151815
Depreciation8888887777777
Profit before tax-1-17-3-5-6-5-15-11-1532-11-15
Tax %0%-2%-13%0%0%0%0%0%0%0%0%0%0%
Net Profit-1-17-4-5-6-5-15-11-1532-11-15
EPS in Rs-0.22-3.23-0.66-0.91-1.12-1.01-2.85-1.96-0.199.800.44-1.98-2.76

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthJun 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,590393570417308263270289330356398411477
Expenses1,494411602487465328262278306315352369422
Operating Profit97-18-32-70-157-658112341454255
OPM %6%-4%-6%-17%-51%-25%3%4%7%12%11%10%12%
Other Income24211213-246-20342214247279
Interest1218677401916732952576063
Depreciation23182639363635343433322928
Profit before tax-24-121-124-147-200-363-538-17-29-202644
Tax %12%8%7%2%-0%-0%-1%0%-15%-1%-2%0%
Net Profit-21-111-116-145-200-364-548-19-30-202644
EPS in Rs-4.55-24.10-22.95-28.83-39.71-67.25-9.991.51-3.53-5.51-3.704.818.07
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-4.50%-25.00%-37.93%-82.00%85.16%114.81%-337.50%-57.89%33.33%230.00%
Change in YoY Net Profit Growth (%)0.00%-20.50%-12.93%-44.07%167.16%29.65%-452.31%279.61%91.23%196.67%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:-1%
5 Years:12%
3 Years:12%
TTM:2%
Compounded Profit Growth
10 Years:6%
5 Years:-7%
3 Years:5%
TTM:426%
Stock Price CAGR
10 Years:17%
5 Years:56%
3 Years:33%
1 Year:79%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:25 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital9101010111111111111111111
Reserves19484-64-264-636-690-688-724-706-731-716-702-669
Borrowings9851,0241,0541,0611,0621,0551,0101,0171,0231,0369931,0141,023
Other Liabilities219272228254232237265298344316361331321
Total Liabilities1,4071,3901,2281,061669613598602672632649654686
Fixed Assets421440404374342311291270244236216184166
CWIP374442-0-0-0139305156
Investments454545454444412470645411
Other Assets905900775638281258267308344323349418461
Total Assets1,4071,3901,2281,061669613598602672632649654686

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-14610386-10671433583507315
Cash from Investing Activity +-28-14-6-4-4-3-14-11-17-18-2977
Cash from Financing Activity +146-89-81110-11-4-13-26-54-45-47-42
Net Cash Flow-280-10-8-516-312-13-350

Free Cash Flow

MonthJun 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow97.00-1,003.00-33.00-71.00-158.00-66.007.0010.0022.0040.0044.00-951.00

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days338282425451151113951041118393111
Inventory Days4182021171518610811210212312015083
Days Payable179152155290356426454440454353393262
Cash Conversion Cycle577331387311-119-206-246-234-220-149-150-68
Working Capital Days554317325409-37-57-99-79-94-69-77-27
ROCE %-4%-10%-20%-14%-4%-4%2%8%11%8%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters55.55%55.55%55.55%55.58%55.58%55.58%55.58%55.58%55.58%55.58%55.58%55.58%
DIIs1.77%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public42.68%44.44%44.44%44.42%44.42%44.42%44.40%44.42%44.42%44.42%44.42%44.42%
No. of Shareholders11,86912,42413,59614,00914,29614,42214,92714,78514,59013,74514,21916,438

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 18Mar 17
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)2.634.81-3.70-9.36-69.04
Diluted EPS (Rs.)2.634.81-3.70-9.36-69.04
Cash EPS (Rs.)7.6310.102.23-3.60-60.66
Book Value[Excl.RevalReserv]/Share (Rs.)-127.54-130.10-132.99-125.06-116.26
Book Value[Incl.RevalReserv]/Share (Rs.)-127.54-130.10-132.99-125.06-116.26
Revenue From Operations / Share (Rs.)92.7375.8773.4349.9549.33
PBDIT / Share (Rs.)19.669.9512.723.04-9.55
PBIT / Share (Rs.)14.664.666.80-3.36-16.15
PBT / Share (Rs.)3.044.81-3.62-9.85-67.09
Net Profit / Share (Rs.)2.634.81-3.70-9.99-67.25
NP After MI And SOA / Share (Rs.)2.634.81-3.70-9.31-68.81
PBDIT Margin (%)21.2013.1117.326.08-19.35
PBIT Margin (%)15.806.139.25-6.71-32.72
PBT Margin (%)3.276.33-4.92-19.72-135.99
Net Profit Margin (%)2.836.33-5.03-20.00-136.32
NP After MI And SOA Margin (%)2.836.33-5.03-18.63-139.48
Return on Networth / Equity (%)-2.06-3.690.000.000.00
Return on Capital Employeed (%)23.76-8.78-42.68-110.04-154.20
Return On Assets (%)2.174.01-3.16-8.20-56.08
Long Term Debt / Equity (X)-1.44-0.55-0.85-0.98-1.06
Total Debt / Equity (X)-1.45-1.39-1.44-1.54-1.66
Asset Turnover Ratio (%)0.770.640.000.420.30
Current Ratio (X)1.070.290.330.310.33
Quick Ratio (X)0.860.190.240.230.27
Inventory Turnover Ratio (X)2.692.450.002.971.60
Interest Coverage Ratio (X)1.690.901.212.33-3.17
Interest Coverage Ratio (Post Tax) (X)1.230.420.63-2.68-5.41
Enterprise Value (Cr.)1049.981018.391080.081090.671083.83
EV / Net Operating Revenue (X)2.092.482.724.034.06
EV / EBITDA (X)9.8618.9015.6866.27-20.96
MarketCap / Net Operating Revenue (X)0.190.090.150.140.11
Price / BV (X)-0.14-0.05-0.08-0.05-0.04
Price / Net Operating Revenue (X)0.190.090.150.140.11
EarningsYield0.140.66-0.33-1.29-12.24

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 53.38

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 84.07% compared to the current share price 29.00

Default values used*: Default value of 15% for ROE is used

Intrinsic Value of as of December 21, 2024 is: 88.60

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 205.52% compared to the current share price 29.00

Default values used*: Default value of 15% for ROE is used

Last 5 Year EPS CAGR: 65.99%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
    1. The stock has a low average ROCE of -1.17%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 88.83, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 17.83, which may not be favorable.
    4. The company has higher borrowings (1,027.46) compared to reserves (-485.54), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (344.85) and profit (-78.46).
    • 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: 2.83%
        • 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: 23.76% (Industry Average ROCE: 16.2%)
        • 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%: -2.06% (Industry Average ROE: 16.32%)
        • 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): 1.23
        • 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: 0.86
        • 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: 2.86 (Industry average Stock P/E: 56.05)
        • 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: -1.45
        • 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

    Ind-Swift Ltd. is a Public Limited Listed company incorporated on 06/06/1986 and has its registered office in the State of Chandigarh, India. Company’s Corporate Identification Number(CIN) is L24230CH1986PLC006897 and registration number is 006897. Currently Company is involved in the business activities of Manufacture of allopathic pharmaceutical preparations. Company’s Total Operating Revenue is Rs. 397.71 Cr. and Equity Capital is Rs. 10.83 Cr. for the Year ended 31/03/2022.
    INDUSTRYADDRESSCONTACT
    Pharmaceuticals781, Industrial Area, Phase II Chandigarh Chandigarh 160002companysec@indswift.com
    http://www.indswiftltd.com
    Management
    NamePosition Held
    Mr. S R MehtaExecutive Chairman
    Mr. N R MunjalNon Executive Director
    Dr. Gopal MunjalManaging Director & CEO
    Dr. V R MehtaJoint Managing Director
    Mr. Himanshu JainNon Executive Director
    Mr. Rishav MehtaNon Executive Director
    Mr. S P SharmaIndependent Director
    Dr. V K AroraIndependent Director
    Mr. S C GalhotraIndependent Director
    Ms. Anoop MichraIndependent Director
    Mr. Jagvir Singh AhluwaliaIndependent Director
    Mr. Bhupinder SinghIndependent Director
    Mr. Subodh GuptaIndependent Director
    Mr. Prabhat KhuranaIndependent Director

    FAQ

    What is the latest intrinsic value of Ind-Swift Ltd?

    The latest intrinsic value of Ind-Swift Ltd as on 20 December 2024 is ₹53.38, which is 84.07% higher than the current market price of ₹29.00. The stock has a market capitalization of 157 Cr. and recorded a high/low of 32.6/14.3 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹-669 Cr and total liabilities of ₹686 Cr.

    What is the Market Cap of Ind-Swift Ltd?

    The Market Cap of Ind-Swift Ltd is 157 Cr..

    What is the current Stock Price of Ind-Swift Ltd as on 20 December 2024?

    The current stock price of Ind-Swift Ltd as on 20 December 2024 is 29.0.

    What is the High / Low of Ind-Swift Ltd stocks in FY 2024-2025?

    In FY 2024-2025, the High / Low of Ind-Swift Ltd stocks is 32.6/14.3.

    What is the Stock P/E of Ind-Swift Ltd?

    The Stock P/E of Ind-Swift Ltd is 2.86.

    What is the Book Value of Ind-Swift Ltd?

    The Book Value of Ind-Swift Ltd is 122.

    What is the Dividend Yield of Ind-Swift Ltd?

    The Dividend Yield of Ind-Swift Ltd is 0.00 %.

    What is the ROCE of Ind-Swift Ltd?

    The ROCE of Ind-Swift Ltd is 13.4 %.

    What is the ROE of Ind-Swift Ltd?

    The ROE of Ind-Swift Ltd is %.

    What is the Face Value of Ind-Swift Ltd?

    The Face Value of Ind-Swift 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 . 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