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Last Updated on: 23 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Omfurn India Ltd

About the Company - Omfurn India Ltd

Omfurn India Ltd. is a Public Limited Listed company incorporated on 13/11/1997 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L20200MH1997PLC111887 and registration number is 111887. Currently Company is involved in the business activities of Construction of buildings carried out on own-account basis or on a fee or contract basis. Company’s Total Operating Revenue is Rs. 30.84 Cr. and Equity Capital is Rs. 6.81 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Furniture, Furnishing & FlooringNo.109, Gundecha Industrial Complex, Akrurali Road, Kandivali (East), Mumbai Maharashtra 400101omfurn@omfurnindia.com
http://www.omfurnindia.com
Management
NamePosition Held
Mr. Rajendra C VishwakarmaManaging Director
Mr. Mahendra C VishwakarmaWhole Time Director
Mr. Narendra C VishwakarmaDirector & CFO
Mr. Parag S EdwankarIndependent Director
Mr. Prasad N ChirravuriIndependent Director
Mr. Sudhir J ShahIndependent Director
Ms. Geeta ShettyIndependent Director
Mr. Prashant R VishwakarmaAdditional Director
Mr. Parmanand M VishwakarmaAdditional Director
Mr. Madhav DeshpandeAdditional Director

Basic Stock Data of Omfurn India Ltd

Last Updated: June 17, 2024, 8:20 pm

Market Cap 77.1 Cr.
Current Price 65.4
High / Low98.7/31.0
Stock P/E21.0
Book Value 44.4
Dividend Yield0.00 %
ROCE19.1 %
ROE14.2 %
Face Value 10.0
PEG Ratio0.71

Competitors of Omfurn India Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Marvel Decor Ltd 179 Cr. 105129/29.052.1 29.80.00 %8.84 %7.23 % 10.0
Industry Average179.00 Cr105.0052.1029.800.00%8.84%7.23%10.00

Omfurn India Ltd Quarterly Results

MonthSep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
Sales16.0723.605.0715.3812.7718.0723.7046.5444.18
Expenses14.7921.165.1414.5512.4416.6019.3943.6639.18
Operating Profit1.282.44-0.070.830.331.474.312.885.00
OPM %7.97%10.34%-1.38%5.40%2.58%8.14%18.19%6.19%11.32%
Other Income0.380.450.460.920.730.730.360.490.57
Interest0.750.790.960.840.700.670.951.110.83
Depreciation0.780.790.650.690.580.560.520.590.64
Profit before tax0.131.31-1.220.22-0.220.973.201.674.10
Tax %-23.08%35.88%1.64%-13.64%-18.18%4.12%25.62%7.78%28.54%
Net Profit0.160.83-1.190.26-0.260.942.371.532.93
EPS in Rs0.201.01-1.450.32-0.321.152.891.873.57

Last Updated: April 10, 2024, 4:22 am

Omfurn India Ltd Quarterly Chart

Omfurn India Ltd Profit & Loss

Last Updated: May 27, 2024, 5:52 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales22.9022.5219.6539.9643.1430.2532.9634.2939.6720.4530.8470.2390.72
Expenses20.5520.4217.2536.6039.1627.0029.4131.2935.6219.7429.0462.9882.84
Operating Profit2.352.102.403.363.983.253.553.004.050.711.807.257.88
OPM %10.26%9.33%12.21%8.41%9.23%10.74%10.77%8.75%10.21%3.47%5.84%10.32%8.69%
Other Income0.210.190.210.340.720.960.680.710.791.401.460.791.06
Interest0.130.540.630.650.880.880.881.691.831.731.372.061.94
Depreciation0.700.770.851.090.980.960.851.871.571.371.141.121.23
Profit before tax1.730.981.131.962.842.372.500.151.44-0.990.754.865.77
Tax %35.26%36.73%32.74%33.16%33.80%32.07%24.00%193.33%14.58%5.05%9.33%19.96%
Net Profit1.120.620.761.311.871.611.90-0.141.23-0.930.683.914.46
EPS in Rs18.6710.3312.6721.8331.172.682.32-0.171.50-1.130.834.775.44
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Omfurn India Ltd Profit & Loss Yearly Chart

Omfurn India Ltd Growth

Compounded Sales Growth
10 Years:15%
5 Years:19%
3 Years:58%
TTM:14%
Compounded Profit Growth
10 Years:17%
5 Years:95%
3 Years:75%
TTM:-8%
Stock Price CAGR
10 Years:%
5 Years:58%
3 Years:108%
1 Year:76%
Return on Equity
10 Years:8%
5 Years:7%
3 Years:12%
Last Year:14%

Last Updated: June 17, 2024, 2:50 pm

Omfurn India Ltd Balance Sheet

Last Updated: June 3, 2024, 3:53 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital0.500.500.500.500.505.006.816.816.816.816.816.816.81
Reserves9.139.6210.3911.6913.5710.7314.4014.2615.2514.3115.0018.9021.83
Borrowings2.636.446.145.398.057.6012.5415.9212.5315.8615.9511.3818.90
Other Liabilities4.216.816.988.838.176.907.478.9911.339.679.9120.0920.73
Total Liabilities16.4723.3724.0126.4130.2930.2341.2245.9845.9246.6547.6757.1868.27
Fixed Assets6.479.969.498.609.278.498.1313.9012.6010.8710.1310.9610.78
CWIP0.010.000.000.000.000.007.090.060.000.000.000.000.00
Investments4.440.000.000.000.001.101.101.101.660.550.201.101.42
Other Assets5.5513.4114.5217.8121.0220.6424.9030.9231.6635.2337.3445.1256.07
Total Assets16.4723.3724.0126.4130.2930.2341.2245.9845.9246.6547.6757.1868.27

Omfurn India Ltd Reserves and Borrowings Chart

Omfurn India Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 0.00-0.232.98-0.35-0.807.92-1.59-0.785.142.721.233.04
Cash from Investing Activity 0.00-1.31-0.180.13-0.96-1.04-7.46-0.53-0.661.770.04-2.75
Cash from Financing Activity 0.003.36-0.88-0.991.96-5.568.212.22-4.35-0.29-1.88-3.09
Net Cash Flow0.001.821.93-1.200.201.33-0.850.910.144.19-0.61-2.79

Omfurn India Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days49.73149.7680.6279.92105.51131.40176.96173.40113.36165.45155.4099.53
Inventory Days50.6044.63171.5461.2444.11139.52112.96179.02185.68431.58279.83138.62
Days Payable55.48119.42108.6260.6042.2798.31102.97113.69114.58187.63105.1588.27
Cash Conversion Cycle44.8574.97143.5480.57107.35172.61186.95238.73184.46409.40330.08149.88
Working Capital Days25.0276.6669.1059.2887.82137.67163.23200.22150.25338.05250.91106.23
ROCE %16.10%10.55%10.48%15.08%18.79%14.30%11.95%5.20%8.52%1.62%5.62%18.65%

Omfurn India Ltd Financial Efficiency Indicators Chart

Omfurn India Ltd Share Holding Pattern

MonthSep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
Promoters73.40%73.40%73.40%73.40%73.40%73.40%73.40%73.40%73.40%73.40%73.40%50.96%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%5.89%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.14%
Public26.60%26.60%26.60%26.60%26.60%26.60%26.60%26.60%26.60%26.60%26.60%42.01%
No. of Shareholders199196184177189184174166164149216854

Omfurn India Ltd Shareholding Pattern Chart

No. of Omfurn India Ltd Shareholders

This stock is not held by any mutual fund

Omfurn India Ltd ROCE Trend

Omfurn India Ltd EPS Trend

Omfurn India Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)4.455.731.00-1.371.45
Diluted EPS (Rs.)4.455.731.00-1.371.45
Cash EPS (Rs.)4.287.372.680.643.76
Book Value[Excl.RevalReserv]/Share (Rs.)44.4537.7532.0131.0132.38
Book Value[Incl.RevalReserv]/Share (Rs.)44.4537.7532.0131.0132.38
Revenue From Operations / Share (Rs.)68.19103.1045.2730.0258.23
PBDIT / Share (Rs.)7.1811.814.793.107.09
PBIT / Share (Rs.)6.0110.173.121.084.78
PBT / Share (Rs.)4.167.141.10-1.452.10
Net Profit / Share (Rs.)3.115.731.00-1.371.45
PBDIT Margin (%)10.5311.4510.5810.3112.17
PBIT Margin (%)8.819.866.883.618.20
PBT Margin (%)6.106.932.43-4.823.61
Net Profit Margin (%)4.565.562.21-4.562.49
Return on Networth / Equity (%)6.9915.193.12-4.424.48
Return on Capital Employeed (%)13.1022.727.592.6511.88
Return On Assets (%)4.346.831.43-2.002.15
Long Term Debt / Equity (X)0.010.150.250.270.20
Total Debt / Equity (X)0.290.440.730.650.51
Asset Turnover Ratio (%)1.141.340.650.440.86
Current Ratio (X)2.191.611.841.811.63
Quick Ratio (X)1.520.891.020.930.89
Inventory Turnover Ratio (X)3.152.751.341.072.42
Interest Coverage Ratio (X)3.893.902.381.222.65
Interest Coverage Ratio (Post Tax) (X)2.692.891.500.451.54
Enterprise Value (Cr.)83.7043.0817.7113.5612.42
EV / Net Operating Revenue (X)1.040.610.570.660.31
EV / EBITDA (X)9.905.355.436.432.57
MarketCap / Net Operating Revenue (X)1.120.490.240.300.08
Price / BV (X)1.721.350.340.290.15
Price / Net Operating Revenue (X)1.120.490.240.300.08
EarningsYield0.040.110.08-0.140.29

Omfurn India Ltd Profitability Ratios (%)

Omfurn India Ltd Liquidity Ratios

Omfurn India Ltd Liquidity Ratios (%)

Omfurn India Ltd Interest Coverage Ratios (%)

Omfurn India Ltd Valuation Ratios

Fair Value

Fair Value: 135.05

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.

Undervalued: 106.50% compared to the current price 65.4

Intrinsic Value: 174.74

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 167.19% compared to the current price ₹65.4

Last 5 Year EPS CAGR: 29.39%

*Investments are subject to market risks

Strength and Weakness of Omfurn India Ltd

StrengthWeakness
  1. The company has higher reserves (13.78 cr) compared to borrowings (10.72 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (38.28 cr) and profit (1.96 cr) over the years.
  1. The stock has a low average ROCE of 11.41%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 138.70, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 176.95, which may not be favorable.

Should I Buy Omfurn India Ltd Now?

  • 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 Omfurn India Ltd:
    1. Net Profit Margin: 4.56%
      • 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: 13.10% (Industry Average ROCE: %)
      • 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%: 6.99% (Industry Average ROE: %)
      • 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): 2.69
      • 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: 1.52
      • 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: 21.0 (Industry average Stock P/E: )
      • 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: 0.29
      • 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:

FAQ

What is the latest fair value of Omfurn India Ltd?

The latest fair value of Omfurn India Ltd is ₹135.05.

What is the Market Cap of Omfurn India Ltd?

The Market Cap of Omfurn India Ltd is 77.1 Cr..

What is the current Stock Price of Omfurn India Ltd as on 23 June 2024?

The current stock price of Omfurn India Ltd as on 23 June 2024 is ₹65.4.

What is the High / Low of Omfurn India Ltd stocks in FY 2024?

In FY 2024, the High / Low of Omfurn India Ltd stocks is 98.7/31.0.

What is the Stock P/E of Omfurn India Ltd?

The Stock P/E of Omfurn India Ltd is 21.0.

What is the Book Value of Omfurn India Ltd?

The Book Value of Omfurn India Ltd is 44.4.

What is the Dividend Yield of Omfurn India Ltd?

The Dividend Yield of Omfurn India Ltd is 0.00 %.

What is the ROCE of Omfurn India Ltd?

The ROCE of Omfurn India Ltd is 19.1 %.

What is the ROE of Omfurn India Ltd?

The ROE of Omfurn India Ltd is 14.2 %.

What is the Face Value of Omfurn India Ltd?

The Face Value of Omfurn India 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 Omfurn 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