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Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Parvati Sweetners and Power Ltd

About the Company - Parvati Sweetners and Power Ltd

Parvati Sweetners and Power Ltd. is a Public Limited Listed company incorporated on 13/12/2011 and has its registered office in the State of Madhya Pradesh, India. Company’s Corporate Identification Number(CIN) is L15421MP2011PLC027287 and registration number is 027287. Currently Company is involved in the business activities of Food, beverages and tobacco products. Company’s Total Operating Revenue is Rs. 71.38 Cr. and Equity Capital is Rs. 45.09 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
SugarHall No. 2, Shopping Complex, Gomantika Parisar, Bhopal Madhya Pradesh 462003info@parvatisweetners.com
http://www.parvatisweetners.com
Management
NamePosition Held
Mrs. Poonam ChoukseyChairman & Managing Director
Mr. Anupam ChoukseyExecutive Director
Mr. Ashish JaiswalNon Exe.Non Ind.Director
Ms. Pooja Shree ChoukseyNon Exe.Non Ind.Director
Mr. Rohit BhatnagarIndependent Director
Mr. Kuldeep MudgalIndependent Director
Mr. Vinod Kumar MudgalIndependent Director
Mr. Vineet RichhariyaIndependent Director

Parvati Sweetners and Power Ltd. Share Price Update

Share PriceValue
Today₹12.00
Previous Day₹12.21

Basic Stock Data of Parvati Sweetners and Power Ltd

Market Cap 201 Cr.
Current Price 13.5
High / Low17.5/4.70
Stock P/E111
Book Value 6.73
Dividend Yield0.00 %
ROCE3.82 %
ROE1.60 %
Face Value 5.00

Data Source: screener.in

Competitors of Parvati Sweetners and Power Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Shree Renuka Sugars Ltd 10,723 Cr. 50.457.2/39.4 5.590.00 %9.41 %% 1.00
Dwarikesh Sugar Industries Ltd 1,524 Cr. 80.9110/75.014.1 42.02.47 %15.5 %14.9 % 1.00
Avadh Sugar & Energy Ltd 1,254 Cr. 627855/3888.25 4861.60 %10.4 %11.3 % 10.0
Zuari Industries Ltd 933 Cr. 313355/104105 8610.32 %10.7 %11.4 % 10.0
Bannari Amman Sugars Ltd 3,056 Cr. 2,4372,975/2,34520.0 1,2750.53 %11.9 %9.64 % 10.0
Industry Average189.6 Cr214.6629.47279.120.98%11.58%9.45%6.4

Parvati Sweetners and Power Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales18.187.7626.4513.2013.208.8636.1228.4728.9310.8020.9923.3810.76
Expenses14.697.9322.4511.0811.247.0333.2826.2130.195.6217.6721.178.77
Operating Profit3.49-0.174.002.121.961.832.842.26-1.265.183.322.211.99
OPM %19.20%-2.19%15.12%16.06%14.85%20.65%7.86%7.94%-4.36%47.96%15.82%9.45%18.49%
Other Income0.002.920.600.000.040.040.150.000.000.000.000.000.01
Interest0.820.670.951.010.790.721.001.030.880.701.060.930.81
Depreciation1.231.230.771.111.111.101.291.141.091.141.141.131.14
Profit before tax1.440.852.880.000.100.050.700.09-3.233.341.120.150.05
Tax %-2.08%-2.35%3.47%20.00%80.00%-50.00%-66.67%1.24%3.29%-2.68%-53.33%-160.00%
Net Profit1.470.872.780.100.090.011.050.16-3.193.231.150.230.13
EPS in Rs0.130.070.240.010.010.000.070.01-0.210.220.080.020.01

Parvati Sweetners and Power Ltd Quarterly Chart

Parvati Sweetners and Power Ltd Profit & Loss

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales50.7759.7659.6950.1958.5471.3889.1965.93
Expenses42.8751.4449.4842.4850.2262.6279.7153.23
Operating Profit7.908.3210.217.718.328.769.4812.70
OPM %15.56%13.92%17.11%15.36%14.21%12.27%10.63%19.26%
Other Income0.480.070.15-0.320.270.230.000.01
Interest2.533.233.132.542.883.533.653.50
Depreciation3.744.074.294.504.454.604.504.55
Profit before tax2.111.092.940.351.260.861.334.66
Tax %57.82%-33.94%97.96%45.71%1.59%-45.35%-1.50%
Net Profit0.891.450.050.181.241.251.354.74
EPS in Rs0.120.000.020.110.080.090.33
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Parvati Sweetners and Power Ltd Profit & Loss Yearly Chart

Parvati Sweetners and Power Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:8%
3 Years:21%
TTM:-38%
Compounded Profit Growth
10 Years:%
5 Years:-2%
3 Years:51%
TTM:45%
Stock Price CAGR
10 Years:%
5 Years:50%
3 Years:88%
1 Year:92%
Return on Equity
10 Years:%
5 Years:1%
3 Years:2%
Last Year:2%

Parvati Sweetners and Power Ltd Balance Sheet

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital17.0035.4335.4335.4335.4345.0974.5774.57
Reserves2.1321.3221.3721.5522.7924.0425.4025.75
Borrowings33.7340.6126.2932.8441.6350.3041.4424.65
Other Liabilities38.7853.0360.0352.4655.1243.6521.5317.66
Total Liabilities91.64150.39143.12142.28154.97163.08162.94142.63
Fixed Assets58.6259.0456.8552.7949.8446.0050.5248.33
CWIP0.290.200.206.607.128.406.536.79
Investments0.030.030.030.030.030.030.030.03
Other Assets32.7091.1286.0482.8697.98108.65105.8687.48
Total Assets91.64150.39143.12142.28154.97163.08162.94142.63

Parvati Sweetners and Power Ltd Reserves and Borrowings Chart

Parvati Sweetners and Power Ltd Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 0.00-30.857.63-3.98-1.945.292.70
Cash from Investing Activity 0.00-5.97-1.96-5.25-1.56-1.57-6.27
Cash from Financing Activity 0.0041.79-7.728.570.810.10-0.02
Net Cash Flow0.004.97-2.04-0.66-2.683.82-3.59

Parvati Sweetners and Power Ltd Financial Efficiency Indicators

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days0.0732.6229.3526.1851.7540.248.96
Inventory Days233.76320.91303.82344.34488.57443.23346.69
Days Payable30.29137.17114.010.0050.8546.4017.76
Cash Conversion Cycle203.54216.36219.17370.52489.47437.07337.89
Working Capital Days116.61203.33244.47374.89392.93364.03319.12
ROCE %5.79%6.71%3.77%4.08%3.93%3.82%

Parvati Sweetners and Power Ltd Financial Efficiency Indicators Chart

Parvati Sweetners and Power Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters65.67%51.60%51.25%51.37%51.37%51.37%51.37%51.37%68.89%64.23%64.18%64.18%
Public34.33%48.40%48.75%48.63%48.63%48.63%48.62%48.63%31.10%35.78%35.82%35.83%
No. of Shareholders4,8194,8576,2887,0827,7647,9988,0998,2728,9679,3819,24211,026

Parvati Sweetners and Power Ltd Shareholding Pattern Chart

No. of Parvati Sweetners and Power Ltd Shareholders

This stock is not held by any mutual fund

Parvati Sweetners and Power Ltd ROCE Trend

Parvati Sweetners and Power Ltd EPS Trend

Parvati Sweetners and Power Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)0.090.140.180.030.01
Diluted EPS (Rs.)0.090.140.180.030.01
Cash EPS (Rs.)0.390.640.800.660.61
Book Value[Excl.RevalReserv]/Share (Rs.)6.707.678.228.048.02
Book Value[Incl.RevalReserv]/Share (Rs.)6.707.678.228.048.02
Revenue From Operations / Share (Rs.)5.987.928.267.088.42
PBDIT / Share (Rs.)0.630.991.211.091.46
PBIT / Share (Rs.)0.330.480.580.450.85
PBT / Share (Rs.)0.080.090.170.040.41
Net Profit / Share (Rs.)0.090.130.170.020.01
PBDIT Margin (%)10.6312.5914.6915.4517.35
PBIT Margin (%)5.596.157.086.4710.16
PBT Margin (%)1.491.202.150.694.92
Net Profit Margin (%)1.511.752.110.360.08
Return on Networth / Equity (%)1.351.802.130.320.09
Return on Capital Employeed (%)4.264.113.722.875.49
Return On Assets (%)0.820.760.800.120.03
Long Term Debt / Equity (X)0.020.090.140.100.15
Total Debt / Equity (X)0.410.660.660.520.38
Asset Turnover Ratio (%)0.540.440.390.350.40
Current Ratio (X)1.871.551.752.051.93
Quick Ratio (X)0.340.310.450.870.84
Inventory Turnover Ratio (X)0.641.121.421.221.14
Interest Coverage Ratio (X)2.602.552.993.063.31
Interest Coverage Ratio (Post Tax) (X)1.371.351.441.221.02
Enterprise Value (Cr.)115.61147.6152.7536.8943.97
EV / Net Operating Revenue (X)1.302.070.900.730.73
EV / EBITDA (X)12.1816.416.134.764.25
MarketCap / Net Operating Revenue (X)0.831.480.240.190.43
Price / BV (X)0.741.530.240.170.45
Price / Net Operating Revenue (X)0.831.480.240.190.43
EarningsYield0.010.010.080.010.00

Parvati Sweetners and Power Ltd Profitability Ratios (%)

Parvati Sweetners and Power Ltd Liquidity Ratios

Parvati Sweetners and Power Ltd Liquidity Ratios (%)

Parvati Sweetners and Power Ltd Interest Coverage Ratios (%)

Parvati Sweetners and Power Ltd Valuation Ratios

Fair Value / Intrinsic Value of Parvati Sweetners and Power Ltd

Fair Value: ₹12.19

The stock is overvalued by 9.69% compared to the current price ₹13.5

*Investments are subject to market risks

Strength and Weakness of Parvati Sweetners and Power Ltd

StrengthWeakness
  1. The company has shown consistent growth in sales (63.18 cr) and profit (1.83 cr) over the years.
  1. The stock has a low average ROCE of 4.01%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 287.91, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 324.86, which may not be favorable.
  4. The company has higher borrowings (36.44) compared to reserves (20.54), which may suggest financial risk.

Should I Buy Parvati Sweetners and Power Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Parvati Sweetners and Power Ltd:
    1. Net Profit Margin: 1.51%
      • 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: 4.26% (Industry Average ROCE: 8.7%)
      • 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): 1.37
      • 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: 0.34
      • 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: 103 (Industry average Stock P/E: 22.93)
      • 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: 0.41
      • 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 Parvati Sweetners and Power 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