ITD Cementation India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 4 years from 2019-2020 to 2022-2023.
Growth
Compounded Sales Growth
10 Years:
18%
5 Years:
19%
3 Years:
41%
TTM:
42%
Compounded Profit Growth
10 Years:
40%
5 Years:
26%
3 Years:
170%
TTM:
120%
Stock Price CAGR
10 Years:
29%
5 Years:
71%
3 Years:
91%
1 Year:
173%
Return on Equity
10 Years:
9%
5 Years:
10%
3 Years:
13%
Last Year:
20%
Last Updated: Unknown
Balance Sheet
Last Updated: Unknown
Month
Dec 2012
Dec 2013
Dec 2014
Dec 2015
Dec 2016
Dec 2017
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Equity Capital
12
12
16
16
16
16
17
17
17
17
17
17
Reserves
389
397
552
493
536
602
1,004
1,035
1,049
1,114
1,220
1,477
Borrowings
783
770
765
601
356
489
532
539
458
560
766
889
Other Liabilities
607
682
862
1,336
973
1,282
1,044
1,533
1,669
1,925
3,013
3,534
Total Liabilities
1,791
1,860
2,195
2,445
1,881
2,388
2,597
3,125
3,192
3,616
5,017
5,917
Fixed Assets
230
224
335
349
385
462
529
624
601
655
847
1,081
CWIP
14
7
3
3
6
38
7
5
53
2
117
10
Investments
-0
-0
-0
-0
1
1
1
255
194
113
45
5
Other Assets
1,547
1,630
1,856
2,093
1,489
1,887
2,060
2,241
2,344
2,847
4,007
4,821
Total Assets
1,791
1,860
2,195
2,445
1,881
2,388
2,597
3,125
3,192
3,616
5,017
5,917
Reserves and Borrowings Chart
Cash Flow
Month
Dec 2012
Dec 2013
Dec 2014
Dec 2015
Dec 2016
Dec 2017
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Cash from Operating ActivityÂ
15
187
44
465
326
68
-134
447
191
339
471
704
Cash from Investing ActivityÂ
-37
-49
-38
-104
-20
-157
-133
-87
-51
-25
-438
-419
Cash from Financing ActivityÂ
18
-147
-4
-302
-222
40
244
-212
-250
-56
28
-123
Net Cash Flow
-3
-9
1
59
83
-49
-24
147
-110
258
61
162
Free Cash Flow
Month
Dec 2011
Dec 2012
Dec 2013
Dec 2014
Dec 2015
Dec 2016
Dec 2017
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Free Cash Flow
167.00
-592.00
-608.00
-674.00
-409.00
-144.00
-225.00
-205.00
-201.00
-245.00
-267.00
-366.00
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.
Fair Value of ITD Cementation India Ltd as of October 11, 2024 is: ₹547.65
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 October 11, 2024, ITD Cementation India Ltd is Overvalued by 7.80% compared to the current share price ₹594.00
Intrinsic Value of ITD Cementation India Ltd as of October 11, 2024 is: ₹728.99
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 October 11, 2024, ITD Cementation India Ltd is Undervalued by 22.73% compared to the current share price ₹594.00
Last 5 Year EPS CAGR: 33.11%
*Investments are subject to market risks
Strength and Weakness
Strength
Weakness
The stock has a high average ROCE of 16.17%, which is a positive sign.
The company has higher reserves (822.33 cr) compared to borrowings (625.67 cr), indicating strong financial stability.
The company has shown consistent growth in sales (2.38 cr) and profit (77.08 cr) over the years.
The stock has a high average Working Capital Days of 63.75, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 72.50, 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 ITD Cementation India Ltd:
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.
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.
ROE%: 18.32% (Industry Average ROE: 15.01%)
ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
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.
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.
Stock P/E: 31.7 (Industry average Stock P/E: 32.44)
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.
Total Debt / Equity: 0.57
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
ITD Cementation India Ltd. is a Public Limited Listed company incorporated on 24/06/1978 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L61000MH1978PLC020435 and registration number is 020435. Currently Company is involved in the business activities of Construction of other civil engineering projects. Company’s Total Operating Revenue is Rs. 3249.53 Cr. and Equity Capital is Rs. 17.18 Cr. for the Year ended 31/03/2022.
INDUSTRY
ADDRESS
CONTACT
Construction, Contracting & Engineering
9th Floor, Prima Bay, Tower - B, Gate No. 5, Saki Vihar Road, Mumbai Maharashtra 400072
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 ITD Cementation India 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
Manage Consent
We use technologies like cookies to store and/or access device information. We do this to improve browsing experience and to show (non-) personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
