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Last Updated on: 25 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Orbit Exports Ltd

About the Company - Orbit Exports Ltd

Orbit Exports Ltd. is a Public Limited Listed company incorporated on 16/09/1983 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L40300MH1983PLC030872 and registration number is 030872. Currently Company is involved in the business activities of Weaving, manufacture of silk and silk mixture fabrics.. Company’s Total Operating Revenue is Rs. 123.11 Cr. and Equity Capital is Rs. 27.38 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Weaving122, 2nd Floor, Mistry Bhavan, Mumbai Maharashtra 400020investors@orbitexports.com
http://www.orbitexports.com
Management
NamePosition Held
Mr. Varun DagaNon Exe.Non Ind.Director
Mr. Pankaj SethChairman & Managing Director
Mrs. Anisha SethWhole Time Director
Mr. Pardeep KhoslaInd. Non-Executive Director
Mr. Sunil BuchInd. Non-Executive Director
Mrs. Chetna MalaviyaInd. Non-Executive Director
Mr. Chetan MehraAdditional Director
Mr. Parth SethExecutive Director

Basic Stock Data of Orbit Exports Ltd

Last Updated: July 24, 2024, 10:49 pm

Market Cap 464 Cr.
Current Price 176
High / Low230/136
Stock P/E13.6
Book Value 88.4
Dividend Yield0.00 %
ROCE18.5 %
ROE15.1 %
Face Value 10.0
PEG Ratio2.55

Data Source: screener.in

Competitors of Orbit Exports Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
E-Land Apparel Ltd 39.2 Cr. 8.1613.4/5.31 1040.00 %%% 10.0
Acknit Industries Ltd 90.9 Cr. 299369/19810.6 2590.50 %11.0 %11.5 % 10.0
Siyaram Silk Mills Ltd 2,294 Cr. 507635/41012.4 2512.17 %20.5 %16.3 % 2.00
Orbit Exports Ltd 464 Cr. 176230/13613.6 88.40.00 %18.5 %15.1 % 10.0
Alok Industries Ltd 13,441 Cr. 27.139.2/14.6 39.80.00 %4.41 %% 1.00
Industry Average7,867.50 Cr210.3211.50163.450.67%11.97%13.90%5.75

Orbit Exports Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales20.3920.5220.1828.4836.4541.6451.9754.7748.6041.7958.3552.6444.74
Expenses17.0416.1416.2221.2026.6432.0434.8338.6436.5532.9739.5636.8235.75
Operating Profit3.354.383.967.289.819.6017.1416.1312.058.8218.7915.828.99
OPM %16.43%21.35%19.62%25.56%26.91%23.05%32.98%29.45%24.79%21.11%32.20%30.05%20.09%
Other Income0.96-0.121.311.641.871.402.531.501.611.362.321.912.32
Interest0.170.360.260.250.790.650.750.900.960.770.780.760.73
Depreciation2.712.702.542.583.333.413.343.413.613.703.653.663.69
Profit before tax1.431.202.476.097.566.9415.5813.329.095.7116.6813.316.89
Tax %20.98%-45.00%15.38%25.29%23.68%22.05%22.14%24.25%22.99%9.81%23.44%22.69%21.92%
Net Profit1.131.752.084.555.775.4012.1410.097.005.1512.7710.295.39
EPS in Rs0.410.640.761.662.111.974.433.682.561.914.733.811.99

Last Updated: July 10, 2024, 8:21 pm

Orbit Exports Ltd Quarterly Chart

Orbit Exports Ltd Profit & Loss

Last Updated: July 10, 2024, 8:21 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales12113315814813413613914668127197198
Expenses9710111310797961001045896141145
Operating Profit243245413740384211305652
OPM %20%24%28%28%28%30%28%29%16%24%28%27%
Other Income121356564658
Interest222232221233
Depreciation24567791211121415
Profit before tax21293936333733342234443
Tax %31%31%30%35%34%27%22%23%-17%23%21%
Net Profit14202823212726262183434
EPS in Rs5.437.359.748.107.479.579.119.590.876.5012.7512.44
Dividend Payout %23%22%23%23%35%0%0%31%0%0%0%

Orbit Exports Ltd Profit & Loss Yearly Chart

Orbit Exports Ltd Growth

Compounded Sales Growth
10 Years:4%
5 Years:8%
3 Years:43%
TTM:1%
Compounded Profit Growth
10 Years:5%
5 Years:6%
3 Years:108%
TTM:-2%
Stock Price CAGR
10 Years:7%
5 Years:10%
3 Years:27%
1 Year:-6%
Return on Equity
10 Years:16%
5 Years:12%
3 Years:14%
Last Year:15%

Last Updated: July 25, 2024, 10:01 am

Orbit Exports Ltd Balance Sheet

Last Updated: July 10, 2024, 8:21 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital131414142928282727272727
Reserves3557819897115140147149167191214
Borrowings274542431714101821453239
Other Liabilities122020202534353528403735
Total Liabilities88135157176168191214227226279287315
Fixed Assets3370778581921039994151159153
CWIP0012022031100
Investments81223571010133236
Other Assets4664778784921021199011496127
Total Assets88135157176168191214227226279287315

Orbit Exports Ltd Reserves and Borrowings Chart

Orbit Exports Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 1724223238342931164942
Cash from Investing Activity -33-14-160-26-23-15-27-41-18-9
Cash from Financing Activity 19-9-7-30-13-6-18-524-31-31
Net Cash Flow31-12-16-4-2-1-02

Orbit Exports Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days496967728274726893683944
Inventory Days76130149209222273275279377327247250
Days Payable141813101727252330674849
Cash Conversion Cycle111182202271287321322324440329238245
Working Capital Days90124111147147134146187297180120115
ROCE %33%33%25%23%26%21%20%3%12%19%

Orbit Exports Ltd Financial Efficiency Indicators Chart

Orbit Exports Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters65.88%65.88%65.88%65.88%65.92%66.12%66.12%66.12%66.12%66.33%66.24%66.24%
FIIs0.00%0.00%0.00%0.00%0.00%0.18%0.02%0.17%0.03%0.00%0.00%0.00%
Public34.12%34.12%34.12%34.12%34.08%33.69%33.85%33.70%33.85%33.65%33.77%33.75%
No. of Shareholders8,4588,5838,7499,4509,53910,2019,9319,34913,2229,0688,4228,002

Orbit Exports Ltd Shareholding Pattern Chart

No. of Orbit Exports Ltd Shareholders

This stock is not held by any mutual fund

Orbit Exports Ltd ROCE Trend

Orbit Exports Ltd EPS Trend

Orbit Exports Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)12.6212.376.500.879.40
Diluted EPS (Rs.)12.5812.336.500.879.40
Cash EPS (Rs.)17.0916.719.884.6013.00
Book Value[Excl.RevalReserv]/Share (Rs.)88.4480.7671.0664.5963.57
Book Value[Incl.RevalReserv]/Share (Rs.)88.4480.7671.0664.5963.57
Revenue From Operations / Share (Rs.)75.7173.0846.2924.9953.33
PBDIT / Share (Rs.)21.9121.5612.705.6016.47
PBIT / Share (Rs.)16.3516.358.371.5912.20
PBT / Share (Rs.)15.2714.967.470.4611.67
Net Profit / Share (Rs.)11.5311.505.550.588.73
NP After MI And SOA / Share (Rs.)12.8912.746.500.879.59
PBDIT Margin (%)28.9329.4927.4422.4030.88
PBIT Margin (%)21.6022.3618.076.3522.87
PBT Margin (%)20.1620.4616.131.8521.88
Net Profit Margin (%)15.2315.7311.992.3516.37
NP After MI And SOA Margin (%)17.0217.4314.043.4817.98
Return on Networth / Equity (%)14.5715.789.141.3415.08
Return on Capital Employeed (%)16.3517.059.722.1216.84
Return On Assets (%)11.5211.976.371.0511.54
Long Term Debt / Equity (X)0.040.080.090.030.02
Total Debt / Equity (X)0.070.110.200.050.08
Asset Turnover Ratio (%)0.680.690.490.290.64
Current Ratio (X)3.133.052.303.833.91
Quick Ratio (X)1.631.421.382.542.54
Inventory Turnover Ratio (X)1.501.701.820.751.63
Dividend Payout Ratio (NP) (%)0.000.000.000.0031.27
Dividend Payout Ratio (CP) (%)0.000.000.000.0021.64
Earning Retention Ratio (%)0.000.000.000.0068.73
Cash Earning Retention Ratio (%)0.000.000.000.0078.36
Interest Coverage Ratio (X)20.1717.1817.8511.8230.99
Interest Coverage Ratio (Post Tax) (X)11.6210.279.063.6217.44
Enterprise Value (Cr.)375.87338.75359.31155.28159.59
EV / Net Operating Revenue (X)1.881.722.832.271.09
EV / EBITDA (X)6.495.8210.3310.133.54
MarketCap / Net Operating Revenue (X)1.861.602.652.301.14
Retention Ratios (%)0.000.000.000.0068.72
Price / BV (X)1.591.451.720.890.96
Price / Net Operating Revenue (X)1.861.612.652.301.14
EarningsYield0.090.100.050.010.15

Orbit Exports Ltd Profitability Ratios (%)

Orbit Exports Ltd Liquidity Ratios

Orbit Exports Ltd Liquidity Ratios (%)

Orbit Exports Ltd Interest Coverage Ratios (%)

Orbit Exports Ltd Valuation Ratios

Fair Value

Fair Value: 185.17

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: 5.21% compared to the current price 176

Intrinsic Value: 195.06

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: 10.83% compared to the current price 176

Last 5 Year EPS CAGR: 5.34%

*Investments are subject to market risks

Strength and Weakness of Orbit Exports Ltd

StrengthWeakness
  1. The stock has a high average ROCE of 17.92%, which is a positive sign.
  2. The company has higher reserves (123.67 cr) compared to borrowings (28.08 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (142.08 cr) and profit (31.17 cr) over the years.
  1. The stock has a high average Working Capital Days of 149.83, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 272.67, which may not be favorable.

Should I Buy Orbit Exports 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 Orbit Exports Ltd:
    1. Net Profit Margin: 15.23%
      • 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: 16.35% (Industry Average ROCE: 11.97%)
      • 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%: 14.57% (Industry Average ROE: 13.90%)
      • 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): 11.62
      • 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: 1.63
      • 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: 13.6 (Industry average Stock P/E: 11.50)
      • 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: 0.07
      • 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 Orbit Exports Ltd?

The latest fair value of Orbit Exports Ltd is ₹185.17.

What is the Market Cap of Orbit Exports Ltd?

The Market Cap of Orbit Exports Ltd is 464 Cr..

What is the current Stock Price of Orbit Exports Ltd as on 25 July 2024?

The current stock price of Orbit Exports Ltd as on 25 July 2024 is 176.

What is the High / Low of Orbit Exports Ltd stocks in FY 2024?

In FY 2024, the High / Low of Orbit Exports Ltd stocks is 230/136.

What is the Stock P/E of Orbit Exports Ltd?

The Stock P/E of Orbit Exports Ltd is 13.6.

What is the Book Value of Orbit Exports Ltd?

The Book Value of Orbit Exports Ltd is 88.4.

What is the Dividend Yield of Orbit Exports Ltd?

The Dividend Yield of Orbit Exports Ltd is 0.00 %.

What is the ROCE of Orbit Exports Ltd?

The ROCE of Orbit Exports Ltd is 18.5 %.

What is the ROE of Orbit Exports Ltd?

The ROE of Orbit Exports Ltd is 15.1 %.

What is the Face Value of Orbit Exports Ltd?

The Face Value of Orbit Exports 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 Orbit Exports 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