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Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Umang Dairies Ltd

About the Company - Umang Dairies Ltd

Umang Dairies Ltd. is a Public Limited Listed company incorporated on 02/12/1992 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is L15111UP1992PLC014942 and registration number is 014942. Currently Company is involved in the business activities of Manufacture of dairy products. Company’s Total Operating Revenue is Rs. 204.01 Cr. and Equity Capital is Rs. 11.00 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Milk & Milk ProductsGajraula-Hasanpur Road, Amroha District Uttar Pradesh 244235udl@umangdairies.com
http://www.umangdairies.com
Management
NamePosition Held
Mr. Virupakshan KumaraswamyDirector
Mr. Rajiv SheopuriDirector
Mr. Amar Singh MehtaDirector
Mr. Desh Bandhu DodaDirector
Mr. Ramesh Chand SuranaDirector
Mr. Poonam SinghDirector

Umang Dairies Ltd. Share Price Update

Share PriceValue
Today₹83.89
Previous Day₹82.23

Basic Stock Data of Umang Dairies Ltd

Market Cap 215 Cr.
Current Price 97.6
High / Low97.8/49.0
Stock P/E
Book Value 17.3
Dividend Yield0.00 %
ROCE0.38 %
ROE7.20 %
Face Value 5.00

Data Source: screener.in

Competitors of Umang Dairies Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hindustan Foods Ltd 5,964 Cr. 529669/49166.0 37.50.00 %18.2 %21.0 % 2.00
Parag Milk Foods Ltd 3,015 Cr. 257290/68.029.2 72.80.00 %8.72 %7.88 % 10.0
Prataap Snacks Ltd 2,751 Cr. 1,1521,450/661135 2880.09 %1.15 %3.14 % 5.00
Sarveshwar Foods Ltd 1,398 Cr. 14.314.3/2.0896.6 2.490.00 %8.12 %4.69 % 1.00
Britannia Industries Ltd 1,17,805 Cr. 4,8915,386/4,15354.7 1181.47 %48.6 %66.6 % 1.00
Industry Average26,186.60 Cr1,368.6676.30103.760.31%16.96%20.66%3.80

Umang Dairies Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales65.6965.4240.6148.5354.3960.4855.7460.4774.14102.4980.0259.9376.01
Expenses61.2864.5441.8254.8857.7863.8354.7260.9372.44101.2581.0461.9772.60
Operating Profit4.410.88-1.21-6.35-3.39-3.351.02-0.461.701.24-1.02-2.043.41
OPM %6.71%1.35%-2.98%-13.08%-6.23%-5.54%1.83%-0.76%2.29%1.21%-1.27%-3.40%4.49%
Other Income0.160.390.370.300.223.180.340.820.490.360.330.220.23
Interest0.720.881.231.230.841.011.251.201.051.371.461.461.42
Depreciation1.211.211.271.311.311.271.331.331.241.211.241.191.23
Profit before tax2.64-0.82-3.34-8.59-5.32-2.45-1.22-2.17-0.10-0.98-3.39-4.470.99
Tax %27.65%-24.39%27.54%27.71%26.88%28.98%28.69%28.57%30.00%21.43%27.14%27.74%28.28%
Net Profit1.91-1.02-2.42-6.21-3.89-1.74-0.86-1.55-0.07-0.78-2.47-3.230.71
EPS in Rs0.87-0.46-1.10-2.82-1.77-0.79-0.39-0.70-0.03-0.35-1.12-1.470.32

Umang Dairies Ltd Quarterly Chart

Umang Dairies Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales150174216251189209245225245248204293318
Expenses135156206235174203232212234234218289317
Operating Profit1618101615613131114-1442
OPM %10%10%5%7%8%3%5%6%4%5%-7%1%0%
Other Income0100010111421
Interest0011114444456
Depreciation2213334445555
Profit before tax14169131226746-20-4-8
Tax %-0%24%31%34%35%34%14%23%31%33%28%27%
Net Profit141269825534-14-3-6
EPS in Rs6.295.592.713.873.410.752.402.301.291.86-6.48-1.48-2.62
Dividend Payout %-0%13%37%26%29%-0%10%22%39%27%-0%-0%

Umang Dairies Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-14.29%-50.00%50.00%-11.11%-75.00%150.00%0.00%-40.00%33.33%-450.00%78.57%
Change in YoY Net Profit Growth (%)0.00%-35.71%100.00%-61.11%-63.89%225.00%-150.00%-40.00%73.33%-483.33%528.57%

Umang Dairies Ltd Growth

Compounded Sales Growth
10 Years:5%
5 Years:4%
3 Years:6%
TTM:27%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-37%
Stock Price CAGR
10 Years:11%
5 Years:13%
3 Years:12%
1 Year:37%
Return on Equity
10 Years:5%
5 Years:-2%
3 Years:-8%
Last Year:-7%

Umang Dairies Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital11111111111111111111111111
Reserves-371016213742464851363327
Preference Capital44444-0-0-0-0-0-0-0
Borrowings1091819232947324539565757
Other Liabilities26364645474734406266476544
Total Liabilities44628591102124133128166167149165139
Fixed Assets19232933347271748181797573
CWIP02111704410000
Investments-0-0-0-0-0-0-0-0-0-0-0-0-0
Other Assets25375656515258518486709066
Total Assets44628591102124133128166167149165139

Umang Dairies Ltd Reserves and Borrowings Chart

Umang Dairies Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 75-010157-526312-96
Cash from Investing Activity -3-7-7-8-15-7-7-6-5-5-2-2
Cash from Financing Activity -1-17-30-012-206-1112-3
Net Cash Flow3-40-0-00-0-04-411

Umang Dairies Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days1091065818181322206
Inventory Days49798683100958689163157147143
Days Payable91620151334172964605851
Cash Conversion Cycle507276759268887811211910997
Working Capital Days123536343017543851576743
ROCE %95%63%25%30%23%5%11%11%8%10%-15%0%

Umang Dairies Ltd Financial Efficiency Indicators Chart

Umang Dairies Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters74.61%74.61%74.61%74.61%74.61%74.61%74.61%74.61%74.61%74.61%74.61%74.61%
Public25.39%25.39%25.39%25.39%25.39%25.39%25.39%25.40%25.39%25.39%25.38%25.38%
No. of Shareholders16,10218,59118,88918,05418,27518,45118,39717,58417,30016,90116,82717,440

Umang Dairies Ltd Shareholding Pattern Chart

No. of Umang Dairies Ltd Shareholders

This stock is not held by any mutual fund

Umang Dairies Ltd ROCE Trend

Umang Dairies Ltd EPS Trend

Umang Dairies Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)-1.48-6.481.861.292.29
Diluted EPS (Rs.)-1.48-6.481.861.292.29
Cash EPS (Rs.)0.84-4.144.043.243.92
Book Value[Excl.RevalReserv]/Share (Rs.)19.9421.2028.1226.8226.06
Book Value[Incl.RevalReserv]/Share (Rs.)19.9421.2028.1226.8226.06
Dividend / Share (Rs.)0.000.550.500.500.50
Revenue From Operations / Share (Rs.)133.0992.72112.68111.24101.70
PBDIT / Share (Rs.)2.51-4.656.645.466.43
PBIT / Share (Rs.)0.18-6.994.473.514.80
PBT / Share (Rs.)-2.03-8.952.771.852.97
Net Profit / Share (Rs.)-1.48-6.481.861.292.29
PBDIT Margin (%)1.88-5.015.894.916.32
PBIT Margin (%)0.13-7.543.963.154.72
PBT Margin (%)-1.52-9.652.451.662.92
Net Profit Margin (%)-1.11-6.981.651.152.25
Return on Networth / Equity (%)-7.43-30.566.624.798.80
Return on Capital Employeed (%)0.50-18.0310.878.7612.90
Return On Assets (%)-1.97-9.532.441.703.92
Long Term Debt / Equity (X)0.410.430.070.100.08
Total Debt / Equity (X)1.241.140.540.670.45
Asset Turnover Ratio (%)1.861.291.491.661.71
Current Ratio (X)1.021.081.111.071.06
Quick Ratio (X)0.160.260.270.210.38
Inventory Turnover Ratio (X)3.472.212.353.863.96
Dividend Payout Ratio (NP) (%)0.00-7.7126.8346.8613.14
Dividend Payout Ratio (CP) (%)0.00-12.0812.3818.617.67
Earning Retention Ratio (%)0.00107.7173.1753.1486.86
Cash Earning Retention Ratio (%)0.00112.0887.6281.3992.33
Interest Coverage Ratio (X)1.13-2.373.913.293.51
Interest Coverage Ratio (Post Tax) (X)0.33-2.312.101.772.25
Enterprise Value (Cr.)180.29185.85162.56105.30144.86
EV / Net Operating Revenue (X)0.610.910.650.430.64
EV / EBITDA (X)32.69-18.1811.128.7610.23
MarketCap / Net Operating Revenue (X)0.430.650.520.280.53
Retention Ratios (%)0.00107.7173.1653.1386.85
Price / BV (X)2.932.872.101.192.08
Price / Net Operating Revenue (X)0.430.650.520.280.53
EarningsYield-0.02-0.100.030.040.04

Umang Dairies Ltd Profitability Ratios (%)

Umang Dairies Ltd Liquidity Ratios

Umang Dairies Ltd Liquidity Ratios (%)

Umang Dairies Ltd Interest Coverage Ratios (X)

Umang Dairies Ltd Valuation Ratios

Fair Value / Intrinsic Value of Umang Dairies Ltd

Fair Value: ₹19.06

The stock is overvalued by 80.47% compared to the current price ₹97.6

*Investments are subject to market risks

Strength and Weakness of Umang Dairies Ltd

StrengthWeakness
  1. The stock has a high average ROCE of 22.17%, which is a positive sign.
  2. The company has higher reserves (28.54 cr) compared to borrowings (1.54 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (228.23 cr) and profit (4.38 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 3.28 and average Dividend Yield of 0.88%.
  2. The stock has a high average Working Capital Days of 39.50, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 86.33, which may not be favorable.

Should I Buy Umang Dairies Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Umang Dairies Ltd:
    1. Net Profit Margin: -1.11%
      • 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: 0.50% (Industry Average ROCE: 16.96%)
      • 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): 0.33
      • 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: 0.16
      • 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: 76.3)
      • 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: 1.24
      • 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 Umang Dairies 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