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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Inventure Growth & Securities Ltd

About the Company - Inventure Growth & Securities Ltd

Inventure Growth & Securities Ltd. is a Public Limited Listed company incorporated on 22/06/1995 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65990MH1995PLC089838 and registration number is 089838. Currently company belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs. 32.83 Cr. and Equity Capital is Rs. 84.00 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance & Investments201, 2nd Floor, Viraj Towers, Near Landmark, Mumbai Maharashtra 400069investorgrievance@inventuregrowth.com
http://www.inventuregrowth.com
Management
NamePosition Held
Mr. Kanji B RitaChairman & Managing Director
Mrs. Lasha Meet RitaWhole Time Director
Mr. Kamlesh S LimbachiyaWhole Time Director
Mr. Surji Damji ChhedaIndependent Director
Mr. Rekhchand Ramdayal ThanviIndependent Director
Mr. Pathik ShahIndependent Director

Inventure Growth & Securities Ltd. Share Price Update

Share PriceValue
Today₹3.16
Previous Day₹3.26

Basic Stock Data of Inventure Growth & Securities Ltd

Market Cap 249 Cr.
Current Price 2.97
High / Low3.92/1.45
Stock P/E24.2
Book Value 2.52
Dividend Yield0.00 %
ROCE6.13 %
ROE4.54 %
Face Value 1.00

Data Source: screener.in

Inventure Growth & Securities Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales7.8417.3013.1710.3513.2410.458.8213.2812.9314.4516.7036.2148.81
Expenses5.615.907.736.428.598.975.5711.6510.648.5415.3134.5941.56
Operating Profit2.2311.405.443.934.651.483.251.632.295.911.391.627.25
OPM %28.44%65.90%41.31%37.97%35.12%14.16%36.85%12.27%17.71%40.90%8.32%4.47%14.85%
Other Income0.910.570.530.981.522.370.520.620.530.500.661.01-1.50
Interest0.240.330.370.170.340.340.410.420.580.490.410.520.77
Depreciation0.140.150.130.160.170.190.210.210.200.190.180.170.18
Profit before tax2.7611.495.474.585.663.323.151.622.045.731.461.944.80
Tax %34.78%30.37%26.51%19.21%27.03%37.05%29.21%11.73%29.41%26.70%50.00%18.04%44.58%
Net Profit1.808.004.023.704.132.092.231.431.444.200.731.592.66
EPS in Rs0.020.100.050.040.050.020.030.020.020.050.010.020.03

Inventure Growth & Securities Ltd Quarterly Chart

Inventure Growth & Securities Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales35.0934.7520.4633.6216.1031.42311.8794.9231.1640.4346.9250.8480.29
Expenses19.0218.8816.7319.9617.3021.26303.3497.7428.0821.1229.7235.7569.08
Operating Profit16.0715.873.7313.66-1.2010.168.53-2.823.0819.3117.2015.0911.21
OPM %45.80%45.67%18.23%40.63%-7.45%32.34%2.74%-2.97%9.88%47.76%36.66%29.68%13.96%
Other Income6.350.660.315.081.403.112.080.37-0.18-0.023.710.152.70
Interest9.356.153.024.745.853.853.251.462.360.721.221.912.00
Depreciation1.091.030.971.311.030.960.790.760.600.570.650.810.74
Profit before tax11.989.350.0512.69-6.688.466.57-4.67-0.0618.0019.0412.5211.17
Tax %31.39%23.96%540.00%19.46%26.50%93.97%31.05%21.20%166.67%30.83%26.79%26.04%
Net Profit8.217.11-0.2210.22-4.900.514.54-3.680.0512.4513.959.267.96
EPS in Rs0.100.08-0.000.12-0.060.010.05-0.040.000.150.170.110.10
Dividend Payout %25.45%0.00%0.00%0.00%0.00%0.00%0.00%-57.07%0.00%0.00%0.00%0.00%

Inventure Growth & Securities Ltd Profit & Loss Yearly Chart

Inventure Growth & Securities Ltd Growth

Compounded Sales Growth
10 Years:4%
5 Years:-30%
3 Years:18%
TTM:75%
Compounded Profit Growth
10 Years:3%
5 Years:15%
3 Years:115%
TTM:-17%
Stock Price CAGR
10 Years:15%
5 Years:16%
3 Years:22%
1 Year:28%
Return on Equity
10 Years:2%
5 Years:3%
3 Years:6%
Last Year:5%

Inventure Growth & Securities Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital21.0084.0084.0084.0084.0084.0084.0084.0084.0084.0084.0084.0084.00
Reserves142.9786.4886.2796.4991.5892.1096.6490.4887.31101.08115.45124.76127.33
Borrowings48.3234.9122.8937.2231.2833.6325.8832.408.6634.4030.1132.4830.42
Other Liabilities60.4173.1629.8129.8035.9639.8930.4414.5629.5336.9745.1036.0294.14
Total Liabilities272.70278.55222.97247.51242.82249.62236.96221.44209.50256.45274.66277.26335.89
Fixed Assets14.0913.9512.8511.6711.1118.2619.6021.3618.7316.5813.8013.1210.43
CWIP0.000.000.000.000.000.000.000.000.000.000.000.000.00
Investments24.8613.8417.4115.5813.581.003.391.711.031.411.671.482.45
Other Assets233.75250.76192.71220.26218.13230.36213.97198.37189.74238.46259.19262.66323.01
Total Assets272.70278.55222.97247.51242.82249.62236.96221.44209.50256.45274.66277.26335.89

Inventure Growth & Securities Ltd Reserves and Borrowings Chart

Inventure Growth & Securities Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -559-147271-27-425-5
Cash from Investing Activity 12714-19516-9273-115
Cash from Financing Activity 53-23-1512-81-75-287-291
Net Cash Flow-013-150-190-676-151

Inventure Growth & Securities Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days795.95947.531,021.86480.62971.44468.5128.2214.3470.1753.4546.7527.78
Inventory Days3.966.508.84
Days Payable19.5969.911,080.07
Cash Conversion Cycle795.95947.531,021.86480.62971.44468.5112.59-49.0770.1753.4546.75-1,043.45
Working Capital Days1,071.91921.901,903.321,172.952,292.931,234.52120.001.81-121.47-180.65-214.16-171.16
ROCE %12.01%7.42%1.47%7.61%0.44%5.91%4.72%-1.53%1.34%9.48%8.58%6.13%

Inventure Growth & Securities Ltd Financial Efficiency Indicators Chart

Inventure Growth & Securities Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters27.59%27.59%27.59%27.59%27.59%26.40%26.40%26.40%26.40%26.40%26.40%26.40%
FIIs0.00%0.00%0.03%0.03%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public72.41%72.41%72.38%72.38%72.41%73.60%73.60%73.60%73.60%73.60%73.60%73.60%
No. of Shareholders2,7753,55622,17463,8091,09,7522,64,3842,56,0012,48,7162,40,8022,33,9462,28,9932,27,969

Inventure Growth & Securities Ltd Shareholding Pattern Chart

No. of Inventure Growth & Securities Ltd Shareholders

This stock is not held by any mutual fund

Inventure Growth & Securities Ltd ROCE Trend

Inventure Growth & Securities Ltd EPS Trend

Inventure Growth & Securities Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.0010.0010.0010.00
Basic EPS (Rs.)0.110.171.480.01-0.44
Diluted EPS (Rs.)0.110.171.480.01-0.44
Cash EPS (Rs.)0.120.171.550.07-0.34
Book Value[Excl.RevalReserv]/Share (Rs.)2.492.3722.0320.3920.77
Book Value[Incl.RevalReserv]/Share (Rs.)2.492.3722.0320.3920.77
Revenue From Operations / Share (Rs.)0.580.554.663.2311.19
PBDIT / Share (Rs.)0.180.232.300.34-0.29
PBIT / Share (Rs.)0.170.222.230.27-0.38
PBT / Share (Rs.)0.140.222.14-0.01-0.55
Net Profit / Share (Rs.)0.110.161.480.01-0.43
NP After MI And SOA / Share (Rs.)0.110.161.480.01-0.43
PBDIT Margin (%)31.2342.7649.3110.68-2.60
PBIT Margin (%)29.5741.3847.778.47-3.41
PBT Margin (%)25.6640.9145.94-0.19-4.97
Net Profit Margin (%)18.9829.9731.770.17-3.91
NP After MI And SOA Margin (%)18.9829.9731.770.17-3.91
Return on Networth / Equity (%)4.446.996.720.02-2.10
Return on Capital Employeed (%)6.919.489.941.32-1.83
Return On Assets (%)3.345.074.850.02-1.66
Long Term Debt / Equity (X)0.000.010.010.010.00
Total Debt / Equity (X)0.150.150.180.050.17
Asset Turnover Ratio (%)0.190.130.120.070.41
Current Ratio (X)3.773.543.364.934.11
Quick Ratio (X)3.773.543.354.904.09
Interest Coverage Ratio (X)7.9816.3426.851.23-1.68
Interest Coverage Ratio (Post Tax) (X)5.8511.6318.301.02-1.52
Enterprise Value (Cr.)42.00200.86170.1035.5554.63
EV / Net Operating Revenue (X)0.864.314.341.310.58
EV / EBITDA (X)2.7510.098.8012.26-22.28
MarketCap / Net Operating Revenue (X)2.866.516.303.551.18
Price / BV (X)0.661.521.330.560.63
Price / Net Operating Revenue (X)2.866.516.303.551.18
EarningsYield0.060.040.050.00-0.03

Inventure Growth & Securities Ltd Profitability Ratios (%)

Inventure Growth & Securities Ltd Liquidity Ratios

Inventure Growth & Securities Ltd Liquidity Ratios (%)

Inventure Growth & Securities Ltd Interest Coverage Ratios (%)

Inventure Growth & Securities Ltd Valuation Ratios

Fair Value of Inventure Growth & Securities Ltd Stock

Fair Value: ₹2.82

The stock is overvalued by 4.91% compared to the current price ₹2.97

*Investments are subject to market risks

Strength and Weakness of Inventure Growth & Securities Ltd Stock

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of 0.50 and average Dividend Yield of 24.76%.
  2. The company has higher reserves (103.00 cr) compared to borrowings (30.97 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (63.68 cr) and profit (7.57 cr) over the years.
  1. The stock has a low average ROCE of 5.30%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 30.19, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 316.50, which may not be favorable.

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 Inventure Growth & Securities 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