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Last Updated on: 06 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 526381 | NSE: PATINTLOG

Patel Integrated Logistics Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: October 24, 2024, 10:57 am

Market Cap 146 Cr.
Current Price 21.0
High / Low29.0/12.9
Stock P/E24.2
Book Value 17.2
Dividend Yield0.47 %
ROCE5.66 %
ROE4.67 %
Face Value 10.0
PEG Ratio0.17

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Patel Integrated Logistics Ltd

Competitors of Patel Integrated Logistics Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Flomic Global Logistics Ltd 113 Cr. 62.390.0/61.0169 23.90.00 %8.64 %5.18 % 10.0
DJ Mediaprint & Logistics Ltd 367 Cr. 113142/42.760.9 10.30.06 %19.0 %16.2 % 10.0
Delhivery Ltd 26,780 Cr. 361488/354 1240.00 %1.73 %2.94 % 1.00
Chartered Logistics Ltd 103 Cr. 10.412.6/4.7047.1 4.520.00 %4.43 %0.36 % 1.00
Cargotrans Maritime Ltd 27.3 Cr. 67.099.0/50.815.1 34.00.00 %18.7 %14.0 % 10.0
Industry Average5,421.19 Cr239.6993.4166.140.33%9.98%15.26%6.88

All Competitor Stocks of Patel Integrated Logistics Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales51.0757.5460.4665.0471.4981.5061.1564.1361.0566.8576.8185.8582.11
Expenses50.5056.2358.3461.5468.8678.4458.1262.5759.0864.5774.7383.0779.98
Operating Profit0.571.312.123.502.633.063.031.561.972.282.082.782.13
OPM %1.12%2.28%3.51%5.38%3.68%3.75%4.96%2.43%3.23%3.41%2.71%3.24%2.59%
Other Income0.690.730.850.430.510.470.130.950.370.370.690.540.56
Interest1.501.351.271.221.271.441.360.710.610.600.570.820.45
Depreciation0.550.680.680.720.770.740.710.700.700.710.700.700.71
Profit before tax-0.790.011.021.991.101.351.091.101.031.341.501.801.53
Tax %2.53%-100.00%9.80%-7.04%-0.91%8.15%-7.34%-24.55%-0.97%0.00%0.67%7.22%0.00%
Net Profit-0.810.030.922.141.111.251.171.371.041.341.491.671.53
EPS in Rs-0.110.000.130.300.160.180.170.200.150.190.210.240.22

Last Updated: October 17, 2024, 4:59 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 17, 2024, 4:59 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales579543588511454424448347212234278291312
Expenses562527568490436406433339207227268281302
Operating Profit171620221817158581099
OPM %3%3%3%4%4%4%3%2%2%3%4%3%3%
Other Income11235561653222
Interest9999878785532
Depreciation5454455423333
Profit before tax43811101171302566
Tax %37%24%25%24%25%23%15%16%79%-2%-5%2%
Net Profit22688861102566
EPS in Rs0.370.360.911.231.151.160.891.510.010.320.700.800.86
Dividend Payout %32%32%13%9%10%15%13%2%521%16%13%12%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212022-20232023-2024
YoY Net Profit Growth (%)0.00%200.00%33.33%0.00%0.00%-25.00%83.33%-100.00%150.00%20.00%
Change in YoY Net Profit Growth (%)0.00%200.00%-166.67%-33.33%0.00%-25.00%108.33%-183.33%250.00%-130.00%

Patel Integrated Logistics Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:-6%
5 Years:-8%
3 Years:11%
TTM:30%
Compounded Profit Growth
10 Years:9%
5 Years:-3%
3 Years:380%
TTM:37%
Stock Price CAGR
10 Years:-4%
5 Years:17%
3 Years:13%
1 Year:49%
Return on Equity
10 Years:5%
5 Years:3%
3 Years:4%
Last Year:5%

Last Updated: Unknown

Balance Sheet

Last Updated: September 15, 2024, 3:02 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital151515161617171726366565
Reserves747575889911111210291815355
Borrowings514548616268766162483124
Other Liabilities575648372232232612142349
Total Liabilities197192187202199228227205190179172192
Fixed Assets514842405258605153575548
CWIP000024221000
Investments2222121614119655
Other Assets144141142160133150151142127116112139
Total Assets197192187202199228227205190179172192

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 11169-0156-3-1659-412
Cash from Investing Activity -5-5-1-1-18-111404-119
Cash from Financing Activity -4-15-814-34-7-183-423-10
Net Cash Flow2-4013-6-2-971242011

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-34.00-29.00-28.00-39.00-44.00-51.00-61.00-53.00-57.00-40.00-21.00-15.00

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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days585856677089819312410097114
Inventory Days
Days Payable
Cash Conversion Cycle585856677089819312410097114
Working Capital Days424546626877851041471258475
ROCE %10%9%12%13%11%10%8%6%4%4%6%6%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Oct 2024
Promoters41.08%41.08%39.86%39.54%39.49%39.17%37.31%36.85%36.85%36.42%35.52%37.56%
FIIs0.00%0.00%0.25%0.00%0.00%0.01%0.08%0.03%0.02%0.17%0.00%0.43%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.62%0.00%0.00%0.00%0.00%
Public58.92%58.92%59.88%60.47%60.51%60.83%62.61%62.50%63.13%63.40%64.47%62.01%
No. of Shareholders27,01827,40228,88129,62829,40226,87827,89131,65634,56834,32838,62337,799

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 18Mar 17
FaceValue10.0010.00
Basic EPS (Rs.)4.994.95
Diluted EPS (Rs.)4.994.67
Cash EPS (Rs.)7.817.60
Book Value[Excl.RevalReserv]/Share (Rs.)77.0272.55
Book Value[Incl.RevalReserv]/Share (Rs.)77.0272.55
Revenue From Operations / Share (Rs.)256.22285.74
PBDIT / Share (Rs.)13.6714.37
PBIT / Share (Rs.)10.7911.71
PBT / Share (Rs.)6.446.57
Net Profit / Share (Rs.)4.934.95
NP After MI And SOA / Share (Rs.)4.934.95
PBDIT Margin (%)5.335.02
PBIT Margin (%)4.214.09
PBT Margin (%)2.512.29
Net Profit Margin (%)1.921.73
NP After MI And SOA Margin (%)1.921.73
Return on Networth / Equity (%)6.406.81
Return on Capital Employeed (%)11.6113.43
Return On Assets (%)3.573.94
Long Term Debt / Equity (X)0.160.15
Total Debt / Equity (X)0.460.48
Asset Turnover Ratio (%)1.980.00
Current Ratio (X)2.002.16
Quick Ratio (X)2.002.16
Dividend Payout Ratio (NP) (%)0.0010.10
Dividend Payout Ratio (CP) (%)0.006.57
Earning Retention Ratio (%)0.0089.90
Cash Earning Retention Ratio (%)0.0093.43
Interest Coverage Ratio (X)3.142.79
Interest Coverage Ratio (Post Tax) (X)2.131.96
Enterprise Value (Cr.)133.75175.99
EV / Net Operating Revenue (X)0.310.38
EV / EBITDA (X)5.927.71
MarketCap / Net Operating Revenue (X)0.210.30
Retention Ratios (%)0.0089.89
Price / BV (X)0.711.20
Price / Net Operating Revenue (X)0.210.30
EarningsYield0.080.05

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Patel Integrated Logistics Ltd as of November 6, 2024 is: 19.53

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 November 6, 2024, Patel Integrated Logistics Ltd is Overvalued by 7.00% compared to the current share price ₹21.00

Intrinsic Value of Patel Integrated Logistics Ltd as of November 6, 2024 is: 47.60

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 November 6, 2024, Patel Integrated Logistics Ltd is Undervalued by 126.67% compared to the current share price ₹21.00

Last 5 Year EPS CAGR: 143.72%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (84.67 cr) compared to borrowings (53.08 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (401.62 cr) and profit (6.62 cr) over the years.
  1. The stock has a low average ROCE of 8.25%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 80.00, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 83.92, 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 Patel Integrated Logistics Ltd:
    1. Net Profit Margin: 1.92%
      • 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: 11.61% (Industry Average ROCE: 9.98%)
      • 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%: 6.4% (Industry Average ROE: 15.26%)
      • 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): 2.13
      • 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: 2
      • 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: 24.2 (Industry average Stock P/E: 93.41)
      • 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: 0.46
      • 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

Patel Integrated Logistics Ltd. is a Public Limited Listed company incorporated on 22/06/1962 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L71110MH1962PLC012396 and registration number is 012396. Currently Company is involved in the business activities of Cargo handling incidental to air transport. Company’s Total Operating Revenue is Rs. 234.01 Cr. and Equity Capital is Rs. 36.04 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Logistics - Warehousing/Supply Chain/Others'Patel House', 5th Floor, Mumbai Maharashtra 400054pill_investorservices@patel-india.com
http://www.patel-india.com
Management
NamePosition Held
Mr. Asgar S PatelChairman Emeritus
Mr. Hari NairNon Exe.Non Ind.Director
Ms. Jasmin LallaExecutive Director
Ms. Bindiya RaichuraIndependent Director
Mr. Mahesh FoglaExecutive Director
Mr. Farukh S WadiaIndependent Director
Mr. Ramakant K KadamIndependent Director

FAQ

What is the latest fair value of Patel Integrated Logistics Ltd?

The latest fair value of Patel Integrated Logistics Ltd is ₹19.53.

What is the Market Cap of Patel Integrated Logistics Ltd?

The Market Cap of Patel Integrated Logistics Ltd is 146 Cr..

What is the current Stock Price of Patel Integrated Logistics Ltd as on 06 November 2024?

The current stock price of Patel Integrated Logistics Ltd as on 06 November 2024 is 21.0.

What is the High / Low of Patel Integrated Logistics Ltd stocks in FY 2024?

In FY 2024, the High / Low of Patel Integrated Logistics Ltd stocks is 29.0/12.9.

What is the Stock P/E of Patel Integrated Logistics Ltd?

The Stock P/E of Patel Integrated Logistics Ltd is 24.2.

What is the Book Value of Patel Integrated Logistics Ltd?

The Book Value of Patel Integrated Logistics Ltd is 17.2.

What is the Dividend Yield of Patel Integrated Logistics Ltd?

The Dividend Yield of Patel Integrated Logistics Ltd is 0.47 %.

What is the ROCE of Patel Integrated Logistics Ltd?

The ROCE of Patel Integrated Logistics Ltd is 5.66 %.

What is the ROE of Patel Integrated Logistics Ltd?

The ROE of Patel Integrated Logistics Ltd is 4.67 %.

What is the Face Value of Patel Integrated Logistics Ltd?

The Face Value of Patel Integrated Logistics 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 Patel Integrated Logistics 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