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

Fundamental Analysis of Pacific Industries Ltd

About the Company - Pacific Industries Ltd

Pacific Industries Ltd. is a Public Limited Listed company incorporated on 13/07/1989 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L14101KA1989PLC062041 and registration number is 062041. Currently Company is involved in the business activities of Quarrying of stone, sand and clay. Company’s Total Operating Revenue is Rs. 282.03 Cr. and Equity Capital is Rs. 3.45 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Granites/MarblesSurvey No. 13, N.H.48, Kempalingahalli, Bengaluru Karnataka 562123pilnorth@pacificgranites.com
http://www.pacificindustriesltd.com
Management
NamePosition Held
Mr. Jagdish Prasad AgarwalChairman & Managing Director
Mr. Kapil AgarwalExecutive Director & CFO
Mrs. Geetadevi Jagdish AgarwalNon Executive Director
Dr. Pradeep Kumar JainInd. Non-Executive Director
Mr. Vinod ChoudharyInd. Non-Executive Director
Ms. Neelam TaterInd. Non-Executive Director

Pacific Industries Ltd. Share Price Update

Share PriceValue
Today₹198.95
Previous Day₹189.50

Basic Stock Data of Pacific Industries Ltd

Market Cap 131 Cr.
Current Price 190
High / Low225/104
Stock P/E14.9
Book Value 617
Dividend Yield0.00 %
ROCE2.64 %
ROE1.63 %
Face Value 10.0

Data Source: screener.in

Competitors of Pacific Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Oriental Trimex Ltd 37.9 Cr. 12.914.4/5.15 23.30.00 %3.58 %6.26 % 10.0
Pokarna Ltd 1,573 Cr. 507600/23419.0 1790.12 %14.6 %13.8 % 2.00
Industry Average19.45 Cr259.959.5101.150.06%9.09%10.03%6

Pacific Industries Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales41.3742.3269.84100.6067.7161.7453.5263.1361.0022.8240.4750.3135.26
Expenses33.5639.2564.9988.3360.3457.2351.6358.4157.4421.4943.0248.8735.10
Operating Profit7.813.074.8512.277.374.511.894.723.561.33-2.551.440.16
OPM %18.88%7.25%6.94%12.20%10.88%7.30%3.53%7.48%5.84%5.83%-6.30%2.86%0.45%
Other Income1.340.813.902.072.542.622.622.222.773.428.023.695.06
Interest0.640.610.930.880.560.951.131.061.181.050.600.970.97
Depreciation1.832.032.762.082.102.564.052.872.862.852.832.652.70
Profit before tax6.681.245.0611.387.253.62-0.673.012.290.852.041.511.55
Tax %19.16%16.13%52.96%26.45%23.03%30.11%17.91%21.59%24.89%10.59%19.12%-76.16%5.16%
Net Profit5.391.052.398.375.582.52-0.552.361.730.781.652.661.47
EPS in Rs7.811.523.4612.138.093.65-0.803.422.511.132.393.862.13

Pacific Industries Ltd Quarterly Chart

Pacific Industries Ltd Profit & Loss

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales95679796178283187149
Expenses93659795159257180148
Operating Profit22-01192670
OPM %2%2%-0%1%11%9%4%0%
Other Income456108101620
Interest13133444
Depreciation43478111111
Profit before tax1101152286
Tax %21%45%155%27%31%26%21%
Net Profit10-00101677
EPS in Rs0.770.51-0.170.6515.0923.079.449.51
Dividend Payout %0%0%0%0%0%0%0%

Pacific Industries Ltd Profit & Loss Yearly Chart

Pacific Industries Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:23%
3 Years:25%
TTM:-15%
Compounded Profit Growth
10 Years:%
5 Years:49%
3 Years:164%
TTM:104%
Stock Price CAGR
10 Years:12%
5 Years:19%
3 Years:24%
1 Year:23%
Return on Equity
10 Years:%
5 Years:2%
3 Years:3%
Last Year:2%

Pacific Industries Ltd Balance Sheet

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital11133377
Reserves314314314337348364414418
Borrowings3944384250735654
Other Liabilities5366784274714154
Total Liabilities407425431423475511518533
Fixed Assets2728368889115104112
CWIP4947024612-0
Investments577711614695101104107
Other Assets319311232189267289299314
Total Assets407425431423475511518533

Pacific Industries Ltd Reserves and Borrowings Chart

Pacific Industries Ltd Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -1255987-725610
Cash from Investing Activity 124-64-79-14-20-41-38
Cash from Financing Activity 33-82242727
Net Cash Flow2-2-019-8-0

Pacific Industries Ltd Financial Efficiency Indicators

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days183309200149845693
Inventory Days366800296420294170152
Days Payable26768824821616310855
Cash Conversion Cycle282421248352215118190
Working Capital Days858920320362230157177
ROCE %1%0%1%5%6%3%

Pacific Industries Ltd Financial Efficiency Indicators Chart

Pacific Industries Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters73.99%73.99%73.99%73.99%73.99%73.99%73.99%73.99%73.99%67.14%67.16%67.16%
DIIs0.13%0.13%0.13%0.13%0.13%0.13%0.13%0.13%0.13%0.07%0.07%0.07%
Government0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.00%
Public25.88%25.88%25.88%25.88%25.88%25.87%25.88%25.87%25.87%32.79%32.78%32.78%
No. of Shareholders16,42716,37916,29116,66916,85816,92516,89716,88816,79717,36917,29317,385

Pacific Industries Ltd Shareholding Pattern Chart

No. of Pacific Industries Ltd Shareholders

This stock is not held by any mutual fund

Pacific Industries Ltd ROCE Trend

Pacific Industries Ltd EPS Trend

Pacific Industries Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)17.0646.1930.221.71-0.92
Diluted EPS (Rs.)17.0646.1930.221.71-0.92
Cash EPS (Rs.)25.9877.5254.7121.9631.29
Book Value[Excl.RevalReserv]/Share (Rs.)610.431064.821019.42987.222333.33
Book Value[Incl.RevalReserv]/Share (Rs.)610.431064.821019.42987.222333.33
Revenue From Operations / Share (Rs.)271.92822.81517.25286.79755.17
PBDIT / Share (Rs.)34.08104.1176.3931.5143.99
PBIT / Share (Rs.)17.5372.7851.8910.8511.79
PBT / Share (Rs.)11.8962.5643.501.781.59
Net Profit / Share (Rs.)9.4446.1930.221.29-0.91
NP After MI And SOA / Share (Rs.)9.4446.1930.221.29-0.91
PBDIT Margin (%)12.5312.6514.7610.985.82
PBIT Margin (%)6.448.8410.033.781.56
PBT Margin (%)4.377.608.410.620.21
Net Profit Margin (%)3.475.615.840.45-0.12
NP After MI And SOA Margin (%)3.475.615.840.45-0.12
Return on Networth / Equity (%)1.544.332.960.13-0.03
Return on Capital Employeed (%)2.736.284.721.020.46
Return On Assets (%)1.253.112.180.10-0.02
Long Term Debt / Equity (X)0.040.060.060.060.07
Total Debt / Equity (X)0.130.190.120.100.11
Asset Turnover Ratio (%)0.360.720.490.300.31
Current Ratio (X)2.692.152.432.902.15
Quick Ratio (X)2.091.481.741.951.65
Inventory Turnover Ratio (X)1.141.611.040.750.44
Interest Coverage Ratio (X)6.0410.209.103.484.32
Interest Coverage Ratio (Post Tax) (X)2.675.524.601.140.91
Enterprise Value (Cr.)91.07203.5361.3749.5042.55
EV / Net Operating Revenue (X)0.480.710.340.500.41
EV / EBITDA (X)3.885.672.334.567.16
MarketCap / Net Operating Revenue (X)0.420.550.280.240.16
Price / BV (X)0.190.420.140.070.05
Price / Net Operating Revenue (X)0.420.550.280.240.16
EarningsYield0.080.100.200.01-0.01

Pacific Industries Ltd Profitability Ratios (%)

Pacific Industries Ltd Liquidity Ratios

Pacific Industries Ltd Liquidity Ratios (%)

Pacific Industries Ltd Interest Coverage Ratios (%)

Pacific Industries Ltd Valuation Ratios

Fair Value / Intrinsic Value of Pacific Industries Ltd

Fair Value: ₹152.85

The stock is overvalued by 19.55% compared to the current price ₹190

*Investments are subject to market risks

Strength and Weakness of Pacific Industries Ltd

StrengthWeakness
  1. The company has higher reserves (352.88 cr) compared to borrowings (49.50 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (144.00 cr) and profit (6.75 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 32.97 and average Dividend Yield of 6.13%.
  2. The stock has a low average ROCE of 2.29%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 432.00, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 260.86, which may not be favorable.

Should I Buy Pacific Industries Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Pacific Industries Ltd:
    1. Net Profit Margin: 3.47%
      • 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: 2.73% (Industry Average ROCE: 9.09%)
      • 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. Interest Coverage Ratio (Post Tax): 2.67
      • 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.
    4. Quick Ratio: 2.09
      • 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.
    5. ✗ Stock P/E: 14.9 (Industry average Stock P/E: 9.5)
      • 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.
    6. ✓ Total Debt / Equity: 0.13
      • 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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 Pacific Industries 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