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Last Updated on: 26 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Indian Terrain Fashions Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 26, 2024, 9:51 pm

Market Cap 223 Cr.
Current Price 48.9
High / Low86.0/46.5
Stock P/E
Book Value 36.0
Dividend Yield0.00 %
ROCE3.36 %
ROE7.61 %
Face Value 2.00
PEG Ratio0.00

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

View Share Price Target for Indian Terrain Fashions Ltd

Competitors of Indian Terrain Fashions Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Industry Average0 Cr0000%0.59%0.49%0

All Competitor Stocks of Indian Terrain Fashions Ltd

Quarterly Result

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales39.3268.7991.6727.5397.12102.97108.6898.63154.38121.86125.9392.28140.36
Expenses48.4867.7178.0933.0188.5691.2296.6685.28138.71109.39112.5186.53129.83
Operating Profit-9.161.0813.58-5.488.5611.7512.0213.3515.6712.4713.425.7510.53
OPM %-23.30%1.57%14.81%-19.91%8.81%11.41%11.06%13.54%10.15%10.23%10.66%6.23%7.50%
Other Income3.242.391.313.432.020.761.130.452.610.93-4.380.681.04
Interest6.425.504.584.664.724.654.755.004.355.366.515.045.58
Depreciation5.285.896.626.315.625.575.645.955.655.525.655.405.21
Profit before tax-17.62-7.923.69-13.020.242.292.762.858.282.52-3.12-4.010.78
Tax %0.74%1.26%-626.29%7.07%-716.67%35.37%-134.06%17.19%-4.59%12.70%-95.51%30.17%1,157.69%
Net Profit-17.49-7.8226.80-12.101.961.486.462.368.662.20-6.10-2.80-8.25
EPS in Rs-4.61-1.906.52-2.940.480.361.570.531.960.50-1.38-0.63-1.86

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales141157232290325326401422370213336501468
Expenses129141208257284286354372342232309445434
Operating Profit121524344140485128-19275634
OPM %9%10%10%12%13%12%12%12%8%-9%8%11%7%
Other Income110155234117-0-2
Interest101010979782124192223
Depreciation112323462323232321
Profit before tax25122337333940-12-54-810-12
Tax %24%14%21%21%11%31%35%35%10%43%72%32%
Net Profit24101833232526-10-31-27-21
EPS in Rs0.631.473.475.018.996.026.716.78-2.73-7.48-0.541.60-4.76
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)100.00%150.00%80.00%83.33%-30.30%8.70%4.00%-138.46%-210.00%93.55%450.00%
Change in YoY Net Profit Growth (%)0.00%50.00%-70.00%3.33%-113.64%39.00%-4.70%-142.46%-71.54%303.55%356.45%

Indian Terrain Fashions Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:7%
5 Years:2%
3 Years:29%
TTM:-21%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:15%
TTM:-240%
Stock Price CAGR
10 Years:-7%
5 Years:-7%
3 Years:-5%
1 Year:-23%
Return on Equity
10 Years:3%
5 Years:-5%
3 Years:-1%
Last Year:-8%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 11:31 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital6677888888999
Reserves2030119154171196222209188186203188151
Borrowings61563945443733123114109109143133
Other Liabilities3548506478136155164155169225182172
Total Liabilities121141216270301377418503466473546522465
Fixed Assets8872735495312811194736252
CWIP0000200000000
Investments0059000302122191795
Other Assets113133150243264328335354333360457452408
Total Assets121141216270301377418503466473546522465

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +61412231219514142210-14
Cash from Investing Activity +01-5941-8-17-374531811
Cash from Financing Activity +-10-1447-0-7-14-12-22-20-23-313
Net Cash Flow-30164-3-12-45-4-13-3-0

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow12.00-46.00-32.00-5.00-4.00-4.0011.0018.00-95.00-133.00-82.00-53.00

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 Days161121120132122162207248388243188222
Inventory Days19617510811515913699121163143151123
Days Payable1616669101103141126166242174195169
Cash Conversion Cycle197230159146179157180203309212144176
Working Capital Days157115115120126132154193282182141184
ROCE %16%24%24%21%17%19%18%3%-10%3%11%3%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters28.01%28.35%29.12%29.12%29.12%29.12%34.24%34.24%34.24%34.24%34.24%34.24%
FIIs7.16%7.32%7.19%6.70%6.86%6.89%6.44%6.07%6.05%6.39%6.57%6.00%
DIIs4.75%3.65%3.65%3.62%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public60.08%60.68%60.04%60.56%64.01%63.99%59.33%59.70%59.72%59.38%59.19%59.77%
No. of Shareholders21,50422,54822,81522,28521,30823,06122,44522,00221,90320,68720,96920,349

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
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)-3.371.62-0.54-7.90-2.72
Diluted EPS (Rs.)-3.371.62-0.54-7.90-2.72
Cash EPS (Rs.)1.666.745.09-1.813.28
Book Value[Excl.RevalReserv]/Share (Rs.)44.4447.7547.8248.2956.95
Book Value[Incl.RevalReserv]/Share (Rs.)44.4447.7547.8248.2956.95
Revenue From Operations / Share (Rs.)102.94113.0581.8251.8797.41
PBDIT / Share (Rs.)7.6713.798.32-1.778.41
PBIT / Share (Rs.)2.648.652.69-7.452.40
PBT / Share (Rs.)-2.292.37-1.88-13.20-3.03
Net Profit / Share (Rs.)-3.371.60-0.53-7.48-2.72
PBDIT Margin (%)7.4512.1910.16-3.418.63
PBIT Margin (%)2.567.653.28-14.352.46
PBT Margin (%)-2.222.09-2.29-25.44-3.11
Net Profit Margin (%)-3.271.41-0.65-14.42-2.79
Return on Networth / Equity (%)-7.583.35-1.11-15.49-4.78
Return on Capital Employeed (%)4.5713.784.12-10.842.97
Return On Assets (%)-2.851.29-0.46-6.60-2.05
Long Term Debt / Equity (X)0.010.020.040.040.00
Total Debt / Equity (X)0.470.240.250.220.19
Asset Turnover Ratio (%)0.850.980.710.440.80
Current Ratio (X)1.591.611.641.731.84
Quick Ratio (X)1.231.141.231.391.45
Inventory Turnover Ratio (X)0.000.000.000.000.02
Interest Coverage Ratio (X)1.552.791.82-0.301.55
Interest Coverage Ratio (Post Tax) (X)0.311.590.88-0.300.49
Enterprise Value (Cr.)379.82229.48243.94168.32137.18
EV / Net Operating Revenue (X)0.830.450.720.780.37
EV / EBITDA (X)11.173.767.14-23.124.30
MarketCap / Net Operating Revenue (X)0.690.390.580.580.26
Price / BV (X)1.600.941.010.620.45
Price / Net Operating Revenue (X)0.690.390.580.580.26
EarningsYield-0.040.03-0.01-0.24-0.10

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Indian Terrain Fashions Ltd as of November 26, 2024 is: 41.92

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 November 26, 2024, Indian Terrain Fashions Ltd is Overvalued by 14.27% compared to the current share price 48.90

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Indian Terrain Fashions Ltd as of November 26, 2024 is: 33.58

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 November 26, 2024, Indian Terrain Fashions Ltd is Overvalued by 31.33% compared to the current share price 48.90

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -19.89%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (156.69 cr) compared to borrowings (80.46 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (321.69 cr) and profit (8.85 cr) over the years.
  1. The stock has a low average ROCE of 12.42%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 158.42, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 191.00, which may not be favorable.

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 Indian Terrain Fashions Ltd:
    1. Net Profit Margin: -3.27%
      • 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: 4.57% (Industry Average ROCE: 0.59%)
      • 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%: -7.58% (Industry Average ROE: 0.49%)
      • 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): 0.31
      • 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: 1.23
      • 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: 0 (Industry average Stock P/E: 0)
      • 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: 0.47
      • 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

Indian Terrain Fashions Ltd. is a Public Limited Listed company incorporated on 29/09/2009 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L18101TN2009PLC073017 and registration number is 073017. Currently Company is involved in the business activities of Manufacture of wearing apparel, except fur apparel. Company’s Total Operating Revenue is Rs. 336.30 Cr. and Equity Capital is Rs. 8.22 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Readymade ApparelsSurvey No 549/2 & 232 Plot No.4, Thirukkachiyur & Sengundram Industrial Area, Singaperumal Koil Po Chengalpattu Tamil Nadu 603204response.itfl@indianterrain.com
http://www.indianterrain.com
Management
NamePosition Held
Mr. Venkatesh RajagopalChairman & Wholetime Director
Mr. Charath Ram NarsimhanManaging Director & CEO
Mrs. Rama RajagopalNon Exe.Non Ind.Director
Mr. P S RaghavanIndependent Director
Mrs. Tarique AnsariIndependent Director

FAQ

What is the latest intrinsic value of Indian Terrain Fashions Ltd?

The latest intrinsic value of Indian Terrain Fashions Ltd as on 26 November 2024 is ₹41.92, which is 14.27% lower than the current market price of ₹48.90.

What is the Market Cap of Indian Terrain Fashions Ltd?

The Market Cap of Indian Terrain Fashions Ltd is 223 Cr..

What is the current Stock Price of Indian Terrain Fashions Ltd as on 26 November 2024?

The current stock price of Indian Terrain Fashions Ltd as on 26 November 2024 is 48.9.

What is the High / Low of Indian Terrain Fashions Ltd stocks in FY 2024?

In FY 2024, the High / Low of Indian Terrain Fashions Ltd stocks is 86.0/46.5.

What is the Stock P/E of Indian Terrain Fashions Ltd?

The Stock P/E of Indian Terrain Fashions Ltd is .

What is the Book Value of Indian Terrain Fashions Ltd?

The Book Value of Indian Terrain Fashions Ltd is 36.0.

What is the Dividend Yield of Indian Terrain Fashions Ltd?

The Dividend Yield of Indian Terrain Fashions Ltd is 0.00 %.

What is the ROCE of Indian Terrain Fashions Ltd?

The ROCE of Indian Terrain Fashions Ltd is 3.36 %.

What is the ROE of Indian Terrain Fashions Ltd?

The ROE of Indian Terrain Fashions Ltd is 7.61 %.

What is the Face Value of Indian Terrain Fashions Ltd?

The Face Value of Indian Terrain Fashions 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 Indian Terrain Fashions 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