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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of PTL Enterprises Ltd

About the Company - PTL Enterprises Ltd

PTL Enterprises Ltd. is a Public Limited Listed company incorporated on 19/10/1959 and has its registered office in the State of Kerala, India. Company’s Corporate Identification Number(CIN) is L25111KL1959PLC009300 and registration number is 009300. Currently Company is involved in the business activities of Financial Leasing. Company’s Total Operating Revenue is Rs. 63.22 Cr. and Equity Capital is Rs. 13.24 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance & Investments3rd floor, Areekal Mansion, Near Manorama Junction, Kochi Kerala 682036investors@ptlenterprise.com
http://www.ptlenterprise.com
Management
NamePosition Held
Mr. Onkar KanwarChairman
Mr. Neeraj KanwarNon Executive Director
Mr. Harish BahadurNon Executive Director
Mr. Tapan MitraIndependent Director
Mr. B K SinghIndependent Director
Mr. U S AnandIndependent Director
Mr. Sunil TandonIndependent Director
Ms. Sonali SenIndependent Woman Director

PTL Enterprises Ltd. Share Price Update

Share PriceValue
Today₹46.59
Previous Day₹46.42

Basic Stock Data of PTL Enterprises Ltd

Market Cap 612 Cr.
Current Price 46.2
High / Low54.1/29.5
Stock P/E29.9
Book Value 55.6
Dividend Yield3.73 %
ROCE8.83 %
ROE3.63 %
Face Value 1.00

Data Source: screener.in

Competitors of PTL Enterprises Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Steel City Securities Ltd 122 Cr. 81.094.7/58.013.0 75.93.68 %14.3 %10.4 % 10.0
Abhinav Capital Services Ltd 149 Cr. 215239/68.314.8 1130.00 %23.2 %18.1 % 10.0
Paisalo Digital Ltd 7,350 Cr. 164164/42.044.4 27.80.04 %11.4 %8.92 % 1.00
Prime Securities Ltd 594 Cr. 179202/92.329.2 41.20.27 %11.6 %8.35 % 5.00
Adinath Exim Resources Ltd 12.7 Cr. 29.438.5/13.016.5 42.50.00 %4.06 %4.06 % 10.0
Industry Average176.94 Cr133.6823.5860.080.8%12.91%9.97%7.2

PTL Enterprises Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales16161616161616161616161616
Expenses2111122222241
Operating Profit14141514141414141415141215
OPM %90%91%92%91%91%90%88%90%90%90%89%74%91%
Other Income1000400040005
Interest2222222222111
Depreciation0000000011111
Profit before tax13121312161212131612131018
Tax %29%28%28%28%24%27%72%52%44%52%81%74%43%
Net Profit999912936962310
EPS in Rs0.680.670.680.660.910.670.250.450.670.450.190.190.77

PTL Enterprises Ltd Quarterly Chart

PTL Enterprises Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales40404040465360636363636464
Expenses2559454556669
Operating Profit38353531424857585857575855
OPM %94%88%88%77%91%91%94%93%91%91%90%90%86%
Other Income121212113437445
Interest121298536227776
Depreciation0111111112222
Profit before tax27252723384761585886525353
Tax %34%33%34%35%36%35%24%32%24%18%37%56%
Net Profit17171815243046404470332321
EPS in Rs1.321.271.331.141.832.293.463.013.325.292.491.761.60
Dividend Payout %38%39%38%44%27%27%29%42%38%47%80%100%

PTL Enterprises Ltd Profit & Loss Yearly Chart

PTL Enterprises Ltd Growth

Compounded Sales Growth
10 Years:5%
5 Years:1%
3 Years:1%
TTM:0%
Compounded Profit Growth
10 Years:4%
5 Years:-13%
3 Years:-19%
TTM:-15%
Stock Price CAGR
10 Years:27%
5 Years:22%
3 Years:34%
1 Year:62%
Return on Equity
10 Years:7%
5 Years:7%
3 Years:6%
Last Year:4%

PTL Enterprises Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital13131313131313131313131313
Reserves49586875668423459475434582569686722
Borrowings767659490000048492824
Other Liabilities5657768196195198203201215210238252
Total Liabilities1942032172187776306706916488588419661,012
Fixed Assets12171616593599595594600610612612611
CWIP1111300340100
Investments1581581581581600437727186202344396
Other Assets2227414221313318176327105
Total Assets1942032172187776306706916488588419661,012

PTL Enterprises Ltd Reserves and Borrowings Chart

PTL Enterprises Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 662032266525484246404143
Cash from Investing Activity -48-4-00-5-6-35-43-7-68-144
Cash from Financing Activity -18-20-33-26-62-5-10-16-4028-20-52
Net Cash Flow1-3-10-2142-17-0-06-5

PTL Enterprises Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days031100000000
Inventory Days
Days Payable
Cash Conversion Cycle031100000000
Working Capital Days-382-430-232-269-131-32-81-95-107-91-130-199
ROCE %29%25%25%22%10%9%15%12%13%12%9%9%

PTL Enterprises Ltd Financial Efficiency Indicators Chart

PTL Enterprises Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters69.82%69.82%69.82%69.82%69.82%69.82%69.82%69.82%69.82%69.82%69.82%69.82%
FIIs0.00%0.00%0.00%0.03%0.17%0.09%0.09%0.06%0.00%0.00%0.00%0.04%
DIIs0.91%0.91%0.91%0.91%0.90%0.91%0.91%0.91%0.91%0.91%0.91%0.91%
Government7.37%7.37%7.37%7.37%7.37%7.37%7.37%7.37%7.37%7.37%7.37%7.37%
Public21.90%21.90%21.90%21.87%21.74%21.81%21.82%21.84%21.89%21.91%21.91%21.87%
No. of Shareholders13,07313,22317,24919,09928,05347,81748,85747,22045,59345,38043,13943,291

PTL Enterprises Ltd Shareholding Pattern Chart

No. of PTL Enterprises Ltd Shareholders

This stock is not held by any mutual fund

PTL Enterprises Ltd ROCE Trend

PTL Enterprises Ltd EPS Trend

PTL Enterprises Ltd Key Financial Ratios

MonthMar 16Mar 15Mar 14Mar 13Mar 12
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)6.885.073.672.592.64
Diluted EPS (Rs.)6.885.073.672.592.64
Cash EPS (Rs.)8.877.115.124.114.02
Book Value[Excl.RevalReserv]/Share (Rs.)18.5912.879.016.515.10
Book Value[Incl.RevalReserv]/Share (Rs.)117.5323.7319.8617.3715.95
Revenue From Operations / Share (Rs.)67.9662.0145.9038.9634.62
PBDIT / Share (Rs.)13.8811.779.919.449.49
PBIT / Share (Rs.)11.889.728.457.928.10
PBT / Share (Rs.)9.796.695.073.824.01
Net Profit / Share (Rs.)6.885.073.672.592.64
NP After MI And SOA / Share (Rs.)6.885.073.672.592.64
PBDIT Margin (%)20.4118.9721.5924.2227.40
PBIT Margin (%)17.4715.6718.4120.3123.39
PBT Margin (%)14.4010.7911.059.8011.59
Net Profit Margin (%)10.118.167.986.637.62
NP After MI And SOA Margin (%)10.118.167.986.637.62
Return on Networth / Equity (%)36.9739.3640.6939.7151.79
Return on Capital Employeed (%)8.7022.2218.8119.0619.25
Return On Assets (%)4.397.565.714.364.52
Long Term Debt / Equity (X)0.400.811.842.804.04
Total Debt / Equity (X)0.400.811.842.904.24
Asset Turnover Ratio (%)0.070.120.130.130.13
Current Ratio (X)0.690.580.590.390.46
Quick Ratio (X)0.650.540.550.350.42
Dividend Payout Ratio (NP) (%)14.5419.7427.2838.6737.88
Dividend Payout Ratio (CP) (%)11.2714.0619.5124.3224.84
Earning Retention Ratio (%)85.4680.2672.7261.3362.12
Cash Earning Retention Ratio (%)88.7385.9480.4975.6875.16
Interest Coverage Ratio (X)6.643.882.932.302.32
Interest Coverage Ratio (Post Tax) (X)4.292.672.081.631.65
Enterprise Value (Cr.)940.36264.91255.52255.18370.44
EV / Net Operating Revenue (X)2.090.640.840.981.62
EV / EBITDA (X)10.243.403.894.085.90
MarketCap / Net Operating Revenue (X)2.000.540.560.531.05
Retention Ratios (%)85.4580.2572.7161.3262.11
Price / BV (X)7.322.632.863.237.10
Price / Net Operating Revenue (X)2.000.540.560.531.05
EarningsYield0.050.140.140.120.07

PTL Enterprises Ltd Profitability Ratios (%)

PTL Enterprises Ltd Liquidity Ratios

PTL Enterprises Ltd Liquidity Ratios (%)

PTL Enterprises Ltd Interest Coverage Ratios (X)

PTL Enterprises Ltd Valuation Ratios

Fair Value / Intrinsic Value of PTL Enterprises Ltd

Fair Value: ₹62.60

The stock is undervalued by 35.49% compared to the current price ₹46.2

*Investments are subject to market risks

Strength and Weakness of PTL Enterprises Ltd

StrengthWeakness
  1. The stock has a high average ROCE of 15.83%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -181.58, which is a positive sign.
  3. The company has higher reserves (405.23 cr) compared to borrowings (31.46 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (53.77 cr) and profit (46.77 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 9.21 and average Dividend Yield of 19.05%.
  2. The stock has a high average Cash Conversion Cycle of 0.42, which may not be favorable.

Should I Buy PTL Enterprises Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in PTL Enterprises Ltd:
    1. Net Profit Margin: 10.11%
      • 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: 8.70% (Industry Average ROCE: 17.81%)
      • 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): 4.29
      • 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: 0.65
      • 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: 29.9 (Industry average Stock P/E: 16.42)
      • 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: 0.40
      • 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 PTL Enterprises 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