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

Fundamental Analysis of Peninsula Land Ltd

Basic Stock Data

Last Updated: June 22, 2024, 10:29 pm

Market Cap 2,264 Cr.
Current Price 73.4
High / Low74.8/23.0
Stock P/E24.9
Book Value 7.97
Dividend Yield0.00 %
ROCE26.6 %
ROE70.5 %
Face Value 2.00
PEG Ratio0.29

Competitors of Peninsula Land Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Prestige Estates Projects Ltd 77,240 Cr. 1,9271,998/52156.2 2820.08 %14.9 %12.9 % 10.0
AMJ Land Holdings Ltd 165 Cr. 40.245.8/25.014.8 43.60.50 %9.38 %6.84 % 2.00
Indiabulls Real Estate Ltd 8,657 Cr. 137146/58.0 50.80.00 %11.0 %13.1 % 2.00
Arihant Foundations & Housing Ltd 146 Cr. 169169/45.010.8 2230.00 %11.2 %7.31 % 10.0
Puravankara Ltd 10,390 Cr. 438462/91.5247 79.41.44 %9.90 %2.17 % 5.00
Industry Average7,469.97 Cr306.8636.59143.550.10%12.88%49.41%6.71

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales641145516811495310296249145186130143
Expenses77146481418667278268231114145114103
Operating Profit-12-32727292933281832421540
OPM %-19%-28%13%16%25%30%11%9%7%22%22%12%28%
Other Income9666-50-0-753128333742
Interest2725242323921191371199
Depreciation1111111111611
Profit before tax-329-11-474-561420125761933
Tax %2%-90%0%-3%15%6%8%-5%-4%2%-1%-0%-0%
Net Profit-3116-12-493-5413211152601132
EPS in Rs-1.090.57-0.40-1.740.13-1.920.460.750.381.792.060.391.05

Last Updated: June 9, 2024, 2:33 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 27, 2024, 5:53 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5327412791671142704983284812644341,001604
Expenses354545228184179392607698855299342890475
Operating Profit17819751-17-65-122-109-370-373-3591110129
OPM %33%27%18%-10%-58%-45%-22%-113%-78%-13%21%11%21%
Other Income16618910614673121-117-2886120-1195575
Interest16116210514172170218167191125806036
Depreciation67711555532338
Profit before tax17921746-23-69-177-449-570-482-43-110102160
Tax %15%10%7%49%34%-24%-1%-5%-6%28%1%1%
Net Profit15219643-11-49-222-452-599-512-32-11196156
EPS in Rs5.426.991.50-0.31-1.67-7.77-16.07-20.09-16.26-1.10-3.943.305.29
Dividend Payout %20%21%27%-98%-12%-0%-0%-0%-0%-0%-0%-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)28.95%-78.06%-125.58%-345.45%-353.06%-103.60%-32.52%14.52%93.75%-246.88%186.49%
Change in YoY Net Profit Growth (%)0.00%-107.01%-47.52%-219.87%-7.61%249.46%71.08%47.05%79.23%-340.62%433.36%

Growth

Compounded Sales Growth
10 Years:7%
5 Years:12%
3 Years:29%
TTM:-43%
Compounded Profit Growth
10 Years:8%
5 Years:17%
3 Years:39%
TTM:17%
Stock Price CAGR
10 Years:5%
5 Years:63%
3 Years:71%
1 Year:192%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:71%

Last Updated: June 16, 2024, 5:00 pm

Peninsula Land Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital56565656565656565656565959
Reserves1,4581,5821,4461,4181,6771,454993432-21-51-161-4731
Preference Capital000000000000
Borrowings1,3491,2221,4022,0962,0102,2642,4222,2401,7611,081783426289
Other Liabilities3964934386475827411,4981,9572,2601,1791,266769641
Total Liabilities3,2583,3533,3424,2174,3254,5144,9694,6854,0562,2651,9431,2061,020
Fixed Assets25026018719250750048347246232219310
CWIP0072110000000
Investments501523520535486350192161152161148141118
Other Assets2,5072,5692,6283,4883,3313,6634,2944,0533,8582,0821,7731,046592
Total Assets3,2583,3533,3424,2174,3254,5144,9694,6854,0562,2651,9431,2061,020

Reserves and Borrowings Chart

Peninsula Land Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -262263-241-691-111-178343375574189346300
Cash from Investing Activity 150-45216142143184177138-474060
Cash from Financing Activity 61-327-1615-19738-390-452-556-213-389-376
Net Cash Flow-52-109-2766-16544-29-757-70-3-16

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow178.00197.0051.00-17.00-65.00-122.00-109.00-370.00-373.00-35.0091.00110.00

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

Peninsula Land Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days23057348278976676371522112
Inventory Days4,42015,6793,2133,4602,470325
Days Payable36073821448227389
Cash Conversion Cycle230574,40827897667614,9793,0143,0002,207238
Working Capital Days5745391,3424,0716,7082,8691,9951,90514990968-39
ROCE %13%13%5%3%0%-0%-2%-11%-16%-2%12%26%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters61.61%61.61%61.61%61.61%61.61%61.61%61.61%63.51%63.51%63.51%65.30%65.30%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%0.01%0.01%0.31%
DIIs2.00%2.00%2.00%2.00%2.00%1.65%1.65%1.56%1.39%1.05%0.62%0.62%
Public36.38%36.38%36.38%36.38%36.38%36.74%36.74%34.93%35.09%35.45%34.07%33.77%
No. of Shareholders51,12049,17848,78349,18648,69348,16246,95346,73446,15049,01855,08258,084

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)4.303.47-3.94-1.10-16.27
Diluted EPS (Rs.)4.263.47-3.94-1.10-16.27
Cash EPS (Rs.)4.433.54-3.80-1.03-18.10
Book Value[Excl.RevalReserv]/Share (Rs.)7.710.34-4.01-0.040.27
Book Value[Incl.RevalReserv]/Share (Rs.)7.710.34-4.01-0.040.27
Revenue From Operations / Share (Rs.)18.5134.0415.519.4417.22
PBDIT / Share (Rs.)4.475.053.95-0.86-12.45
PBIT / Share (Rs.)4.184.963.86-0.94-12.57
PBT / Share (Rs.)4.143.47-3.94-1.54-17.23
Net Profit / Share (Rs.)4.143.45-3.89-1.11-18.22
NP After MI And SOA / Share (Rs.)4.173.30-3.93-1.10-16.24
PBDIT Margin (%)24.1314.8425.46-9.11-72.28
PBIT Margin (%)22.6014.5724.87-9.99-73.00
PBT Margin (%)22.3810.20-25.39-16.28-100.03
Net Profit Margin (%)22.3910.14-25.09-11.80-105.78
NP After MI And SOA Margin (%)22.519.69-25.35-11.69-94.31
Return on Networth / Equity (%)52.33557.960.00-658.97-1296.80
Return on Capital Employeed (%)25.07111.06-104.49-170.12-74.55
Return On Assets (%)12.868.04-5.65-1.36-11.19
Long Term Debt / Equity (X)1.076.550.001.508.13
Total Debt / Equity (X)1.2024.39-7.4057.6116.06
Asset Turnover Ratio (%)0.510.610.060.020.04
Current Ratio (X)1.030.890.810.831.01
Quick Ratio (X)0.380.350.210.210.15
Interest Coverage Ratio (X)3.582.461.38-0.19-1.82
Interest Coverage Ratio (Post Tax) (X)3.352.401.37-0.11-1.99
Enterprise Value (Cr.)1707.62754.821054.00440.27488.98
EV / Net Operating Revenue (X)2.990.752.431.671.02
EV / EBITDA (X)12.375.089.55-18.31-1.41
MarketCap / Net Operating Revenue (X)2.510.350.720.870.13
Price / BV (X)5.8320.41-2.9649.281.87
Price / Net Operating Revenue (X)2.510.350.720.870.13
EarningsYield0.080.27-0.35-0.13-6.94

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 142.71

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: 94.42% compared to the current price 73.4

Intrinsic Value: 266.12

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: 262.56% compared to the current price ₹73.4

Last 5 Year EPS CAGR: 86.48%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (785.46 cr) compared to borrowings (0.00 cr), indicating strong financial stability.
  1. The stock has a low average ROCE of 3.42%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 184.58, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 89.00, which may not be favorable.
  4. The company has not shown consistent growth in sales (362.54) and profit (-93.77).

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 Peninsula Land Ltd:
    1. Net Profit Margin: 22.39%
      • 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: 25.07% (Industry Average ROCE: 11.94%)
      • 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%: 52.33% (Industry Average ROE: 9.7%)
      • 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): 3.35
      • 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: 0.38
      • 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: 24.9 (Industry average Stock P/E: 20.44)
      • 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: 1.20
      • 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

Peninsula Land Ltd. is a Public Limited Listed company incorporated on 10/08/1871 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L17120MH1871PLC000005 and registration number is 000005. Currently Company is involved in the business activities of Construction of buildings. Company’s Total Operating Revenue is Rs. 138.71 Cr. and Equity Capital is Rs. 55.90 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Construction, Contracting & Engineering503, 5th floor, Peninsula Tower-1, Mumbai Maharashtra 400013investor@peninsula.co.in
http://www.peninsula.co.in
Management
NamePosition Held
Ms. Urvi A PiramalNon Executive Chairperson
Mr. Rajeev A PiramalExec. Vice Chairman & Mang Dir
Mr. Mahesh S GuptaNon Exe.Non Ind.Director
Mr. Nandan A PiramalWhole Time Director
Lt. Gen. (Retd.) Deepak SummanwarIndependent Director
Mr. Harsh MehtaIndependent Director
Mr. Pankaj KanodiaIndependent Director
Mr. Krupal R KanakiaIndependent Director
Mr. Pawan SwamyIndependent Director

FAQ

What is the latest fair value of Peninsula Land Ltd?

The latest fair value of Peninsula Land Ltd is ₹142.71.

What is the Market Cap of Peninsula Land Ltd?

The Market Cap of Peninsula Land Ltd is 2,264 Cr..

What is the current Stock Price of Peninsula Land Ltd as on 23 June 2024?

The current stock price of Peninsula Land Ltd as on 23 June 2024 is ₹73.4.

What is the High / Low of Peninsula Land Ltd stocks in FY 2024?

In FY 2024, the High / Low of Peninsula Land Ltd stocks is 74.8/23.0.

What is the Stock P/E of Peninsula Land Ltd?

The Stock P/E of Peninsula Land Ltd is 24.9.

What is the Book Value of Peninsula Land Ltd?

The Book Value of Peninsula Land Ltd is 7.97.

What is the Dividend Yield of Peninsula Land Ltd?

The Dividend Yield of Peninsula Land Ltd is 0.00 %.

What is the ROCE of Peninsula Land Ltd?

The ROCE of Peninsula Land Ltd is 26.6 %.

What is the ROE of Peninsula Land Ltd?

The ROE of Peninsula Land Ltd is 70.5 %.

What is the Face Value of Peninsula Land Ltd?

The Face Value of Peninsula Land Ltd is 2.00.

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 Peninsula Land 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