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Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Premier Ltd

About the Company - Premier Ltd

Premier Ltd. is a Public Limited Listed company incorporated on 27/06/1944 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L34103PN1944PLC020842 and registration number is 020842. Currently company belongs to the Industry of Engineering - General. Company’s Total Operating Revenue is Rs. 0.39 Cr. and Equity Capital is Rs. 30.40 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Engineering - GeneralGat No. 169, Sawardari, Pune District Maharashtra 410501investors@premier.co.in
http://www.premier.co.in
Management
NamePosition Held
Mr. Maitreya DoshiChairman & Managing Director
Mrs. Rohita DoshiNon Executive Director
Mr. S PadmanabhanInd. Non-Executive Director
Mr. Dilip J ThakkarInd. Non-Executive Director
Mr. Udo WeigelInd. Non-Executive Director
Mr. Ramesh AdigeInd. Non-Executive Director

Premier Ltd. Share Price Update

Share PriceValue
Today₹3.50
Previous Day₹3.50

Basic Stock Data of Premier Ltd

Market Cap 9.41 Cr.
Current Price 3.10
High / Low4.52/1.80
Stock P/E
Book Value 107
Dividend Yield0.00 %
ROCE%
ROE%
Face Value 10.0

Data Source: screener.in

Competitors of Premier Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Acrow India Ltd 48.6 Cr. 7601,122/61178.4 3550.00 %1.80 %1.48 % 10.0
Somi Conveyor Beltings Ltd 117 Cr. 99.0117/32.425.1 58.10.00 %7.92 %5.31 % 10.0
Mazda Ltd 572 Cr. 1,4281,661/59517.4 4840.96 %21.0 %15.4 % 10.0
BGR Energy Systems Ltd 628 Cr. 87.0120/44.2 14.70.00 %11.4 %145 % 10.0
Skipper Ltd 3,966 Cr. 351401/85.255.4 70.90.03 %11.9 %4.33 % 1.00
Industry Average1,066.32 Cr545.0035.26196.540.20%10.80%34.30%8.20

Premier Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales2.000.000.000.390.000.000.000.000.000.000.000.000.00
Expenses8.236.420.537.980.780.860.400.450.510.610.590.500.42
Operating Profit-6.23-6.42-0.53-7.59-0.78-0.86-0.40-0.45-0.51-0.61-0.59-0.50-0.42
OPM %-311.50%-1,946.15%
Other Income0.10-4.030.040.030.330.040.070.010.070.200.150.210.16
Interest12.964.240.480.490.470.470.460.460.450.430.420.420.40
Depreciation4.374.694.373.102.942.932.962.902.601.782.352.121.84
Profit before tax-23.46-19.38-5.34-11.15-3.86-4.22-3.75-3.80-3.49-2.62-3.21-2.83-2.50
Tax %0.00%-2.32%0.00%0.00%0.00%50.24%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-23.46-19.83-5.34-11.15-3.86-2.10-3.75-3.80-3.49-2.62-3.21-2.83-2.50
EPS in Rs-7.72-6.53-1.76-3.67-1.27-0.69-1.23-1.25-1.15-0.86-1.06-0.93-0.82

Premier Ltd Quarterly Chart

Premier Ltd Profit & Loss

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales100362016102000
Expenses11264671049625422
Operating Profit-12-29-47-88-86-23-4-2-2
OPM %-12%-81%-239%-538%-871%-1,168%-954%
Other Income752017-141421-601
Interest577066655642222
Depreciation32292829211913109
Profit before tax-25-108-124-196-21-82-25-14-12
Tax %0%-1%0%-1%-216%-1%9%0%
Net Profit-25-109-124-197-67-83-22-14-12
EPS in Rs-8.29-35.78-40.82-64.73-22.09-27.29-7.40-4.49-4.00
Dividend Payout %0%0%0%0%0%0%0%0%

Premier Ltd Profit & Loss Yearly Chart

Premier Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-100%
Compounded Profit Growth
10 Years:%
5 Years:14%
3 Years:24%
TTM:15%
Stock Price CAGR
10 Years:-25%
5 Years:-14%
3 Years:-5%
1 Year:24%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Premier Ltd Balance Sheet

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital303030303030303030
Reserves376277154-40-231-314-336-350-356
Borrowings40144037537548181181180179
Other Liabilities158170205278443319324338340
Total Liabilities966918764643290217199198193
Fixed Assets472443436253178159139129124
CWIP111234444
Investments000000000
Other Assets49347432738810954566665
Total Assets966918764643290217199198193

Premier Ltd Reserves and Borrowings Chart

Premier Ltd Cash Flow

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 8-855-28-171151
Cash from Investing Activity -0222341702410
Cash from Financing Activity -85-77-7-153-35-08
Net Cash Flow0-10-00-0610

Premier Ltd Financial Efficiency Indicators

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days3838401,21577226700
Inventory Days5801,7173,8991,6623292250
Days Payable4265979877257833,657
Cash Conversion Cycle5371,9604,1281,710-187-3,4310
Working Capital Days6991,001-2,773-4,598-13,886-54,976-291,448
ROCE %-7%-10%-22%-100%

Premier Ltd Financial Efficiency Indicators Chart

Premier Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters27.50%27.50%27.50%27.50%27.50%27.50%27.37%27.37%27.37%27.37%27.37%27.37%
FIIs0.49%0.49%0.49%0.49%0.49%0.49%0.49%0.49%0.49%0.49%0.49%0.49%
DIIs6.10%6.10%6.10%6.05%5.76%5.76%5.76%5.76%5.76%5.76%5.76%5.76%
Public65.91%65.91%65.91%65.96%66.25%66.25%66.37%66.38%66.37%66.37%66.38%66.39%
No. of Shareholders23,90723,96324,29125,56926,22627,14826,98326,93326,89626,74126,69926,652

Premier Ltd Shareholding Pattern Chart

No. of Premier Ltd Shareholders

This stock is not held by any mutual fund

Premier Ltd ROCE Trend

Premier Ltd EPS Trend

Premier Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-4.49-7.40-27.29-22.08-64.73
Diluted EPS (Rs.)-4.49-7.40-27.29-22.08-64.73
Cash EPS (Rs.)-1.12-2.98-21.09-15.13-55.05
Book Value[Excl.RevalReserv]/Share (Rs.)-128.50-124.01-116.61-89.33-67.40
Book Value[Incl.RevalReserv]/Share (Rs.)-105.06-100.57-93.17-65.89-3.24
Revenue From Operations / Share (Rs.)0.000.120.653.255.43
PBDIT / Share (Rs.)-0.53-3.05-5.92-28.07-23.73
PBIT / Share (Rs.)-3.90-7.46-12.09-35.01-33.35
PBT / Share (Rs.)-4.49-8.09-27.12-6.98-64.34
Net Profit / Share (Rs.)-4.49-7.39-27.27-22.06-64.67
NP After MI And SOA / Share (Rs.)-4.49-7.39-27.27-22.06-64.67
PBDIT Margin (%)0.00-2388.73-899.35-864.61-437.25
PBIT Margin (%)0.00-5846.93-1838.31-1078.24-614.45
PBT Margin (%)0.00-6339.58-4122.16-214.98-1185.30
Net Profit Margin (%)0.00-5793.78-4145.00-679.61-1191.36
NP After MI And SOA Margin (%)0.00-5793.78-4145.00-679.61-1191.36
Return on Capital Employeed (%)3.917.8713.2158.99-241.70
Return On Assets (%)-6.88-11.29-38.15-23.12-30.55
Long Term Debt / Equity (X)0.000.000.00-0.05-0.22
Total Debt / Equity (X)-0.42-0.44-0.05-0.17-0.73
Asset Turnover Ratio (%)0.000.000.010.020.02
Current Ratio (X)0.040.030.020.140.49
Quick Ratio (X)0.040.030.020.120.41
Inventory Turnover Ratio (X)0.000.000.460.080.12
Interest Coverage Ratio (X)-0.90-4.85-0.43-1.53-1.11
Interest Coverage Ratio (Post Tax) (X)-6.60-10.76-0.89-2.74-1.58
Enterprise Value (Cr.)156.12175.3226.5547.28167.52
EV / Net Operating Revenue (X)0.00451.8613.274.7910.15
EV / EBITDA (X)-96.32-18.92-1.48-0.55-2.32
MarketCap / Net Operating Revenue (X)0.0039.413.910.361.33
Price / BV (X)-0.01-0.04-0.02-0.01-0.10
Price / Net Operating Revenue (X)0.0039.613.910.361.33
EarningsYield-2.41-1.47-10.61-18.70-8.93

Premier Ltd Profitability Ratios (%)

Premier Ltd Liquidity Ratios

Premier Ltd Liquidity Ratios (%)

Premier Ltd Interest Coverage Ratios (X)

Premier Ltd Valuation Ratios

Fair Value / Intrinsic Value of Premier Ltd

Fair Value: ₹245.57

The stock is undervalued by 7,821.45% compared to the current price ₹3.1

*Investments are subject to market risks

Strength and Weakness of Premier Ltd

StrengthWeakness
    1. The stock is trading at a high valuation with an average P/B ratio of -18.36 and average Dividend Yield of -1,875.59%.
    2. The stock has a low average ROCE of -17.38%, which may not be favorable.
    3. The stock has a high average Working Capital Days of 42.00, which may not be favorable.
    4. The stock has a high average Cash Conversion Cycle of 44.13, which may not be favorable.
    5. The company has higher borrowings (262.22) compared to reserves (-91.11), which may suggest financial risk.
    6. The company has not shown consistent growth in sales (20.44) and profit (-67.44).

    Should I Buy Premier Ltd Share Now?

    • Considering various financial indicators, investors might exercise caution regarding investment in Premier Ltd:
      1. Net Profit Margin: 0.00%
        • 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: 3.91% (Industry Average ROCE: 38.66%)
        • 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): -6.60
        • 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: 0.04
        • 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 of N/A (Industry average Stock P/E: 24.42)
        • 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: -0.42
        • 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 Premier 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