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Last Updated on: 25 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Prism Johnson Ltd

Basic Stock Data

Last Updated: July 24, 2024, 10:43 pm

Market Cap 8,008 Cr.
Current Price 159
High / Low199/120
Stock P/E
Book Value 27.6
Dividend Yield0.00 %
ROCE3.45 %
ROE3.44 %
Face Value 10.0
PEG Ratio0.00

Data Source: screener.in

Competitors of Prism Johnson Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Bheema Cements Ltd 84.9 Cr. 26.037.7/21.0 13.20.00 %11.8 %56.4 % 10.0
UltraTech Cement Ltd 3,30,764 Cr. 11,45312,078/7,94147.0 2,0860.61 %15.1 %12.2 % 10.0
The Ramco Cements Ltd 18,648 Cr. 7881,058/70047.6 3020.32 %8.17 %5.63 % 1.00
The India Cements Ltd 10,826 Cr. 350360/173 1800.00 %0.73 %4.72 % 10.0
Star Cement Ltd 8,627 Cr. 213256/14129.2 67.00.00 %16.4 %11.5 % 1.00
Industry Average31,105.80 Cr1,992.1630.16493.570.53%13.17%17.43%7.41

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales1,8501,3121,5041,6371,8541,8111,6631,7742,1121,9421,8381,7282,079
Expenses1,6131,1921,3541,5211,7161,6901,6311,7141,9651,7911,7451,5951,968
Operating Profit238120150116138121336014715292134111
OPM %13%9%10%7%7%7%2%3%7%8%5%8%5%
Other Income4051112278214131726069
Interest49484945434244495048444951
Depreciation84707075949490101105939599126
Profit before tax145741828-7-100-77627214-9-58
Tax %-8%162%30%109%28%-119%17%18%35%24%14%-28%47%
Net Profit157-429-120-16-83-63421183-11-30
EPS in Rs3.300.290.760.190.590.19-1.32-1.060.140.363.63-0.07-0.32

Last Updated: July 10, 2024, 8:58 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: July 10, 2024, 8:58 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales4,8215,0275,6545,2235,0125,5086,1945,9565,5876,3067,3617,588
Expenses4,5094,8405,2934,8734,6515,0575,5865,4094,9585,8296,9887,099
Operating Profit312186362350361451609547629478373489
OPM %6%4%6%7%7%8%10%9%11%8%5%6%
Other Income1716592144936718233710936292
Interest234280296286221232226258217193197193
Depreciation180200165184192184200251293310390414
Profit before tax-85-129-724421012016215784-178174
Tax %29%34%167%-6%66%45%46%119%10%48%11%7%
Net Profit-61-855251455110-1214044-158162
EPS in Rs-1.24-1.710.050.06-0.040.842.310.203.401.82-2.053.60
Dividend Payout %-0%-0%-0%-0%-0%-0%22%501%-0%-0%-0%-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-39.34%105.88%400.00%-44.00%292.86%100.00%-110.91%1266.67%-68.57%-459.09%202.53%
Change in YoY Net Profit Growth (%)0.00%145.23%294.12%-444.00%336.86%-192.86%-210.91%1377.58%-1335.24%-390.52%661.62%

Growth

Compounded Sales Growth
10 Years:4%
5 Years:4%
3 Years:11%
TTM:3%
Compounded Profit Growth
10 Years:6%
5 Years:%
3 Years:%
TTM:54%
Stock Price CAGR
10 Years:9%
5 Years:11%
3 Years:4%
1 Year:27%
Return on Equity
10 Years:2%
5 Years:0%
3 Years:-3%
Last Year:-3%

Last Updated: July 24, 2024, 5:13 pm

Balance Sheet

Last Updated: July 10, 2024, 8:58 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital503503503503503503503503503503503503
Reserves645555551495492534623576738820703886
Preference Capital0000020202333
Borrowings2,0212,1042,2362,2121,9801,8191,9182,4221,9281,7411,6511,748
Other Liabilities1,3961,4461,5591,7771,8932,2852,3582,5722,9973,3843,6893,953
Total Liabilities4,5664,6094,8494,9884,8695,1425,4026,0736,1666,4486,5477,089
Fixed Assets2,3392,4742,4132,4722,4152,6022,6262,8212,9462,9702,9473,279
CWIP101647269136100124259132204240123
Investments346226218280339411485523731834911980
Other Assets1,7801,8462,1472,1661,9782,0302,1672,4702,3572,4392,4492,708
Total Assets4,5664,6094,8494,9884,8695,1425,4026,0736,1666,4486,5477,089

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 260571994626765876546671,281573592473
Cash from Investing Activity -32080-57-110-236-407-330-657-265-320-32072
Cash from Financing Activity 48-145-108-328-461-180-32565-806-342-267-371
Net Cash Flow-12-93324-210-175209-895174

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow310.00184.00360.00348.00360.00449.00608.00545.00628.00477.00372.00488.00

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 Days363938434644434441363433
Inventory Days114106116119111110131137112142114121
Days Payable147133127130141122142143183200200151
Cash Conversion Cycle412263215323138-29-23-523
Working Capital Days-3-01915-13-15-19-30-40-33-43-34
ROCE %5%0%7%8%8%10%13%9%11%8%1%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters74.87%74.87%74.87%74.87%74.87%74.87%74.87%74.87%74.87%74.87%74.87%74.87%
FIIs3.33%3.38%3.35%3.29%3.34%3.42%3.46%3.50%3.58%3.72%3.91%3.88%
DIIs7.35%7.02%6.93%6.22%5.46%4.33%4.11%4.37%4.64%4.85%5.10%5.05%
Public14.45%14.73%14.85%15.61%16.33%17.37%17.55%17.26%16.91%16.56%16.11%16.20%
No. of Shareholders77,64075,54273,10077,25776,65573,93574,83974,63172,40671,04269,96470,599

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Long Term Equity Fund11,102,9131.11191.473,967,6872024-07-24179.83%
SBI Contra Fund8,598,5520.78148.283,967,6872024-07-24116.71%
SBI Magnum Midcap Fund3,967,6870.4768.423,967,6872024-07-240%
SBI Infrastructure Fund1,800,0001.9631.043,967,6872024-07-24-54.63%
Nippon India Nifty Smallcap 250 Index Fund76,7840.161.323,967,6872024-07-24-98.06%
Motilal Oswal Nifty Smallcap 250 Index Fund46,9190.160.813,967,6872024-07-24-98.82%
SBI Nifty Smallcap 250 Index Fund36,6560.160.633,967,6872024-07-24-99.08%
ICICI Prudential Nifty Smallcap 250 Index Fund19,3440.160.333,967,6872024-07-24-99.51%
HDFC NIFTY Smallcap 250 ETF9,8720.160.173,967,6872024-07-24-99.75%
HDFC Nifty Smallcap 250 Index Fund8,1090.160.143,967,6872024-07-24-99.8%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)3.60-2.051.823.40-0.41
Diluted EPS (Rs.)3.60-2.051.823.40-0.41
Cash EPS (Rs.)11.154.426.898.514.42
Book Value[Excl.RevalReserv]/Share (Rs.)32.6529.0631.7030.2725.70
Book Value[Incl.RevalReserv]/Share (Rs.)32.6529.0631.7030.2725.70
Revenue From Operations / Share (Rs.)150.74146.23125.28111.00118.33
PBDIT / Share (Rs.)10.407.8511.1813.1111.27
PBIT / Share (Rs.)2.180.105.037.306.29
PBT / Share (Rs.)3.17-3.721.533.021.09
Net Profit / Share (Rs.)2.93-3.330.732.70-0.55
NP After MI And SOA / Share (Rs.)3.60-2.051.823.400.03
PBDIT Margin (%)6.895.378.9211.819.52
PBIT Margin (%)1.440.074.016.575.31
PBT Margin (%)2.10-2.541.222.720.92
Net Profit Margin (%)1.94-2.270.582.43-0.46
NP After MI And SOA Margin (%)2.38-1.401.453.060.02
Return on Networth / Equity (%)13.03-8.556.9313.790.15
Return on Capital Employeed (%)2.940.156.929.808.93
Return On Assets (%)2.55-1.571.422.770.02
Long Term Debt / Equity (X)0.660.790.881.151.43
Total Debt / Equity (X)0.951.221.181.251.70
Asset Turnover Ratio (%)1.111.150.990.911.07
Current Ratio (X)0.780.690.790.900.90
Quick Ratio (X)0.540.460.510.660.60
Inventory Turnover Ratio (X)4.274.013.622.962.15
Dividend Payout Ratio (NP) (%)0.000.000.000.003677.57
Dividend Payout Ratio (CP) (%)0.000.000.000.0024.05
Earning Retention Ratio (%)0.000.000.000.00-3577.57
Cash Earning Retention Ratio (%)0.000.000.000.0075.95
Interest Coverage Ratio (X)2.722.133.043.142.25
Interest Coverage Ratio (Post Tax) (X)0.500.131.151.670.93
Enterprise Value (Cr.)10071.706699.867269.647896.533144.01
EV / Net Operating Revenue (X)1.330.911.151.410.52
EV / EBITDA (X)19.2416.9512.9211.965.54
MarketCap / Net Operating Revenue (X)1.180.720.921.180.25
Retention Ratios (%)0.000.000.000.00-3577.57
Price / BV (X)6.474.394.395.331.46
Price / Net Operating Revenue (X)1.180.720.921.180.25
EarningsYield0.02-0.010.010.020.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 14.53

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.

Overvalued: 90.86% compared to the current price 159

Default values used*: Deafault value of 15 for Stock P/E is used

Intrinsic Value: 25.89

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.

Overvalued: 83.71% compared to the current price 159

Default values used*: Deafault value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: 78.26%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -16.33, which is a positive sign.
  2. The company has shown consistent growth in sales (5.42 cr) and profit (37.17 cr) over the years.
  1. The stock has a low average ROCE of 6.67%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 7.42, which may not be favorable.
  3. The company has higher borrowings (1,999.33) compared to reserves (634.83), which may suggest financial risk.

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 Prism Johnson Ltd:
    1. Net Profit Margin: 1.94%
      • 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: 2.94% (Industry Average ROCE: 13.17%)
      • 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%: 13.03% (Industry Average ROE: 17.43%)
      • 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): 0.50
      • 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: 0.54
      • 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: (Industry average Stock P/E: 30.18)
      • 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: 0.95
      • 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

Prism Johnson Ltd. is a Public Limited Listed company incorporated on 26/03/1992 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L26942TG1992PLC014033 and registration number is 014033. Currently Company is involved in the business activities of Manufacture of articles articles of concrete, cement or artificial stone (tiles, bricks etc.). Company’s Total Operating Revenue is Rs. 5568.79 Cr. and Equity Capital is Rs. 503.36 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Cement305, Laxmi Niwas Apartments, Hyderabad Telangana 500016investor@prismjohnson.in
http://www.prismjohnson.in
Management
NamePosition Held
Mr. Shobhan M ThakoreChairman & Ind.Director
Mr. Vijay AggarwalManaging Director
Mr. Vivek K AgnihotriExecutive Director & CEO
Mr. Sarat ChandakExecutive Director & CEO
Mr. Anil KulkarniExecutive Director & CEO
Ms. Ameeta A ParpiaIndependent Director
Dr. Raveendra ChittoorIndependent Director
Mr. Joseph Conrad Agnelo D'SouzaIndependent Director
Ms. Ravina RajpalIndependent Director
Mr. Rajan B RahejaDirector
Mr. Akshay R RahejaDirector

FAQ

What is the latest fair value of Prism Johnson Ltd?

The latest fair value of Prism Johnson Ltd is ₹14.53.

What is the Market Cap of Prism Johnson Ltd?

The Market Cap of Prism Johnson Ltd is 8,008 Cr..

What is the current Stock Price of Prism Johnson Ltd as on 25 July 2024?

The current stock price of Prism Johnson Ltd as on 25 July 2024 is 159.

What is the High / Low of Prism Johnson Ltd stocks in FY 2024?

In FY 2024, the High / Low of Prism Johnson Ltd stocks is 199/120.

What is the Stock P/E of Prism Johnson Ltd?

The Stock P/E of Prism Johnson Ltd is .

What is the Book Value of Prism Johnson Ltd?

The Book Value of Prism Johnson Ltd is 27.6.

What is the Dividend Yield of Prism Johnson Ltd?

The Dividend Yield of Prism Johnson Ltd is 0.00 %.

What is the ROCE of Prism Johnson Ltd?

The ROCE of Prism Johnson Ltd is 3.45 %.

What is the ROE of Prism Johnson Ltd?

The ROE of Prism Johnson Ltd is 3.44 %.

What is the Face Value of Prism Johnson Ltd?

The Face Value of Prism Johnson 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 Prism Johnson 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