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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

Industrial Investment Trust Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

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

Market Cap 849 Cr.
Current Price 376
High / Low430/136
Stock P/E14.3
Book Value 202
Dividend Yield0.00 %
ROCE14.4 %
ROE11.7 %
Face Value 10.0
PEG Ratio0.15

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

View Share Price Target for Industrial Investment Trust Ltd

Competitors of Industrial Investment Trust Ltd

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

All Competitor Stocks of Industrial Investment Trust Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales3333335660567
Expenses1481811381-15-24823-16
Operating Profit2-45-1622-3542031-83324
OPM %59%-1,533%-577%58%52%-1,129%76%370%475%-4,539%58%48%320%
Other Income2000127210320019
Interest0000000000000
Depreciation0000000000000
Profit before tax4-46-161143652034-73242
Tax %0%0%-1%1%0%-0%0%4%19%-13%27%37%3%
Net Profit4-46-161143651927-72241
EPS in Rs2.32-19.76-6.750.983.7016.462.188.7511.88-2.881.080.9015.58

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
Sales7712421533932732518232411121718
Expenses821022063313303469769595747-30-11
Operating Profit-52198-3-21-79-46-36-46-354728
OPM %-7%17%4%2%-1%-7%-437%-202%-151%-411%-296%273%159%
Other Income800110-90007265
Interest0001660000000
Depreciation1011111091111
Profit before tax12187-9-28-88-46-45-47365232
Tax %143%29%71%35%-5%2%3%-1%1%-0%0%16%
Net Profit-11323-10-27-84-46-45-47354423
EPS in Rs7.570.770.68-3.36-11.46-37.68-20.51-17.55-18.6514.3919.9310.98
Dividend Payout %139%20%229%146%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 (%)1400.00%-84.62%50.00%-433.33%-170.00%-211.11%45.24%2.17%-4.44%174.47%25.71%
Change in YoY Net Profit Growth (%)0.00%-1484.62%134.62%-483.33%263.33%-41.11%256.35%-43.06%-6.62%178.91%-148.75%

Industrial Investment Trust 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:-16%
5 Years:10%
3 Years:48%
TTM:186%
Compounded Profit Growth
10 Years:40%
5 Years:25%
3 Years:46%
TTM:150%
Stock Price CAGR
10 Years:17%
5 Years:44%
3 Years:81%
1 Year:116%
Return on Equity
10 Years:-4%
5 Years:-1%
3 Years:5%
Last Year:12%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 11:30 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital21222323232323232323232323
Reserves504501499490468397348316274307352416433
Borrowings142230638710000000
Other Liabilities29482389990091818302532209-3-3
Total Liabilities8331,3671,4521,4761,496438400364329349383436453
Fixed Assets11297296299294229566466
CWIP0000100000000
Investments9760567066268538533831027672343354296
Other Assets725466486515517315348472713676152
Total Assets8331,3671,4521,4761,496438400364329349383436453

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-3812518-1551-7-5-1-224277-45
Cash from Investing Activity +-16-37-15-7-20095-0225-27443
Cash from Financing Activity +418-1-42014-1-1-11-1-1-0
Net Cash Flow21-13-1-2-101-1-1-02-2

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-5.007.00-13.00-22.00-66.00-108.00-80.00-46.00-36.00-46.00-35.0047.00

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 Days8884473727281481626730
Inventory Days1,140
Days Payable250
Cash Conversion Cycle88844737279181481626730
Working Capital Days568327213257225-75-184-369-1,172-697-29468
ROCE %6%2%1%-0%-4%-16%-12%-13%-15%-12%16%14%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters57.97%57.97%57.97%57.97%57.97%57.97%57.97%57.97%57.97%48.10%48.10%51.73%
FIIs3.89%3.89%3.89%3.89%3.89%3.89%5.13%3.72%3.72%16.86%15.56%15.60%
DIIs7.35%7.35%7.23%7.24%5.82%3.75%2.22%1.90%1.70%1.41%1.41%1.41%
Government0.23%0.23%0.23%0.30%0.30%0.30%0.30%0.30%0.30%0.25%0.25%0.25%
Public30.56%30.56%30.67%30.61%32.03%34.09%34.38%36.10%36.30%33.38%34.69%31.02%
No. of Shareholders2,1872,2022,2332,5512,5592,8282,8292,8353,2713,0153,6783,663

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.)28.7719.9314.39-20.75-17.55
Diluted EPS (Rs.)28.7719.9314.39-20.75-17.55
Cash EPS (Rs.)31.2717.3934.06-0.31-5.84
Book Value[Excl.RevalReserv]/Share (Rs.)190.50158.95139.43123.64144.34
Book Value[Incl.RevalReserv]/Share (Rs.)190.50158.95139.43123.64144.34
Revenue From Operations / Share (Rs.)16.177.325.204.9010.29
PBDIT / Share (Rs.)24.8021.072.46-0.24-5.96
PBIT / Share (Rs.)24.2020.642.03-0.55-10.17
PBT / Share (Rs.)32.9520.5833.70-0.61-10.23
Net Profit / Share (Rs.)30.6716.9633.63-0.62-10.05
NP After MI And SOA / Share (Rs.)28.7719.9314.39-18.65-17.55
PBDIT Margin (%)153.35287.7347.37-4.99-57.91
PBIT Margin (%)149.65281.8539.05-11.37-98.84
PBT Margin (%)203.76281.00648.34-12.55-99.42
Net Profit Margin (%)189.65231.64646.87-12.74-97.73
NP After MI And SOA Margin (%)177.88272.20276.77-380.63-170.60
Return on Networth / Equity (%)14.7712.019.85-14.17-11.68
Return on Capital Employeed (%)12.5812.921.44-0.44-6.95
Return On Assets (%)14.8611.729.28-12.77-10.88
Asset Turnover Ratio (%)0.080.040.020.020.05
Current Ratio (X)162.6816.1510.186.6510.15
Quick Ratio (X)162.4316.0410.076.5510.03
Interest Coverage Ratio (X)98.92341.6823.77-4.22-100.07
Interest Coverage Ratio (Post Tax) (X)87.42276.0718.86-9.77-167.87
Enterprise Value (Cr.)396.75157.48-88.7992.08132.96
EV / Net Operating Revenue (X)10.889.54-7.588.345.73
EV / EBITDA (X)7.103.31-15.99-166.77-9.90
MarketCap / Net Operating Revenue (X)12.6811.8315.2612.097.30
Price / BV (X)1.050.520.540.450.49
Price / Net Operating Revenue (X)12.6811.8315.2712.097.30
EarningsYield0.140.230.18-0.31-0.23

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Industrial Investment Trust Ltd as of November 26, 2024 is: 344.73

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, Industrial Investment Trust Ltd is Overvalued by 8.32% compared to the current share price 376.00

Intrinsic Value of Industrial Investment Trust Ltd as of November 26, 2024 is: 678.47

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, Industrial Investment Trust Ltd is Undervalued by 80.44% compared to the current share price 376.00

Last 5 Year EPS CAGR: 96.81%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of 3.17, which is a positive sign.
  2. The company has higher reserves (408.08 cr) compared to borrowings (16.69 cr), indicating strong financial stability.
  1. The stock has a low average ROCE of -2.75%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 108.50, which may not be favorable.
  3. The company has not shown consistent growth in sales (117.69) and profit (-8.15).

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 Industrial Investment Trust Ltd:
    1. Net Profit Margin: 189.65%
      • 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: 12.58% (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%: 14.77% (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): 87.42
      • 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: 162.43
      • 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: 14.3 (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
      • 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

Industrial Investment Trust Ltd. is a Public Limited Listed company incorporated on 10/08/1933 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65990MH1933PLC001998 and registration number is 001998. Currently Company is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company’s Total Operating Revenue is Rs. 9.40 Cr. and Equity Capital is Rs. 22.55 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Non-Banking Financial Company (NBFC)Office No.101A, �The Capital�, Mumbai Maharashtra 400051iitl@iitlgroup.com
http://www.iitlgroup.com
Management
NamePosition Held
Dr. Bidhubhusan SamalChairman
Ms. Sujata ChattopadhyayDirector
Mr. Bipin AgarwalDirector
Mr. Venkatesan NarayananDirector
Mr. Milind S DesaiDirector
Mr. Shankar N MokashiDirector
Mr. Narayanan RangarajanDirector
Mr. S ThiruvenkatachariNominee Director

FAQ

What is the latest intrinsic value of Industrial Investment Trust Ltd?

The latest intrinsic value of Industrial Investment Trust Ltd as on 26 November 2024 is ₹344.73, which is 8.32% lower than the current market price of ₹376.00.

What is the Market Cap of Industrial Investment Trust Ltd?

The Market Cap of Industrial Investment Trust Ltd is 849 Cr..

What is the current Stock Price of Industrial Investment Trust Ltd as on 26 November 2024?

The current stock price of Industrial Investment Trust Ltd as on 26 November 2024 is 376.

What is the High / Low of Industrial Investment Trust Ltd stocks in FY 2024?

In FY 2024, the High / Low of Industrial Investment Trust Ltd stocks is 430/136.

What is the Stock P/E of Industrial Investment Trust Ltd?

The Stock P/E of Industrial Investment Trust Ltd is 14.3.

What is the Book Value of Industrial Investment Trust Ltd?

The Book Value of Industrial Investment Trust Ltd is 202.

What is the Dividend Yield of Industrial Investment Trust Ltd?

The Dividend Yield of Industrial Investment Trust Ltd is 0.00 %.

What is the ROCE of Industrial Investment Trust Ltd?

The ROCE of Industrial Investment Trust Ltd is 14.4 %.

What is the ROE of Industrial Investment Trust Ltd?

The ROE of Industrial Investment Trust Ltd is 11.7 %.

What is the Face Value of Industrial Investment Trust Ltd?

The Face Value of Industrial Investment Trust 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 Industrial Investment Trust 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