IIRM Holdings India Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 12:47 am

Market Cap	736 Cr.
Current Price	108
High / Low	172/22.9
Stock P/E	32.5
Book Value	18.7
Dividend Yield	0.00 %
ROCE	%
ROE	%
Face Value	5.00
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Multibase India Ltd	470 Cr.	373	622/225	31.5	110	14.2 %	11.6 %	8.58 %	10.0
IIRM Holdings India Ltd	736 Cr.	108	172/22.9	32.5	18.7	0.00 %	%	%	5.00
Fiberweb (India) Ltd	173 Cr.	60.2	66.6/29.0	15.1	58.3	0.00 %	5.17 %	4.61 %	10.0
Deep Polymers Ltd	160 Cr.	66.0	120/64.9	21.6	35.5	0.00 %	9.48 %	9.69 %	10.0
DDev Plastiks Industries Ltd	2,917 Cr.	282	458/160	15.4	71.2	0.53 %	41.9 %	31.5 %	1.00
Industry Average	5,063.24 Cr	742.38		60.82	191.24	0.95%	15.72%	13.15%	7.75

All Competitor Stocks of

Quarterly Result

Month	Mar 2024	Jun 2024	Sep 2024
Sales	177.83	65.73	47.92
Expenses	133.45	50.22	35.24
Operating Profit	44.38	15.51	12.68
OPM %	24.96%	23.60%	26.46%
Other Income	2.17	0.09	0.24
Interest	2.98	0.53	0.69
Depreciation	11.92	2.88	3.03
Profit before tax	31.65	12.19	9.20
Tax %	28.47%	25.68%	18.15%
Net Profit	22.64	9.06	7.53
EPS in Rs	3.32	1.33	1.11

Last Updated: November 6, 2024, 6:30 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2024
Sales	178
Expenses	133
Operating Profit	44
OPM %	25%
Other Income	2
Interest	3
Depreciation	12
Profit before tax	32
Tax %	28%
Net Profit	23
EPS in Rs	3.32
Dividend Payout %	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year
YoY Net Profit Growth (%)
Change in YoY Net Profit Growth (%)

No data available for trend analysis.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	%

Stock Price CAGR
10 Years:	35%
5 Years:	%
3 Years:	%
1 Year:	395%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 2:30 pm

Month	Mar 2024	Sep 2024
Equity Capital	34	34
Reserves	75	93
Borrowings	19	25
Other Liabilities	28	34
Total Liabilities	156	186
Fixed Assets	39	39
CWIP	21	28
Investments	0	0
Other Assets	95	119
Total Assets	156	186

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2024
Cash from Operating Activity +	-43
Cash from Investing Activity +	-54
Cash from Financing Activity +	104
Net Cash Flow	7

Free Cash Flow

Month	Mar 2024
Free Cash Flow	25.00

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

Month	Mar 2024
Debtor Days	92
Inventory Days
Days Payable
Cash Conversion Cycle	92
Working Capital Days	127
ROCE %

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	31.05%	31.05%	31.05%	31.04%	46.92%	46.92%	31.04%	64.87%	64.88%	60.82%	60.82%	60.82%
DIIs	7.02%	7.02%	7.02%	7.02%	10.60%	10.60%	7.02%	7.02%	5.34%	0.66%	0.66%	0.66%
Public	61.94%	61.94%	61.94%	61.94%	42.48%	42.48%	61.93%	28.12%	29.78%	38.52%	38.52%	38.51%
No. of Shareholders	929	929	929	929	873	875	871	869	201	393	406	655

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24
FaceValue	5.00
Basic EPS (Rs.)	12.91
Diluted EPS (Rs.)	12.91
Cash EPS (Rs.)	5.07
Book Value[Excl.RevalReserv]/Share (Rs.)	16.42
Book Value[Incl.RevalReserv]/Share (Rs.)	16.42
Revenue From Operations / Share (Rs.)	26.10
PBDIT / Share (Rs.)	6.83
PBIT / Share (Rs.)	5.08
PBT / Share (Rs.)	4.64
Net Profit / Share (Rs.)	3.32
NP After MI And SOA / Share (Rs.)	3.32
PBDIT Margin (%)	26.17
PBIT Margin (%)	19.47
PBT Margin (%)	17.79
Net Profit Margin (%)	12.72
NP After MI And SOA Margin (%)	12.72
Return on Networth / Equity (%)	20.76
Return on Capital Employeed (%)	28.72
Return On Assets (%)	14.48
Long Term Debt / Equity (X)	0.03
Total Debt / Equity (X)	0.12
Current Ratio (X)	2.57
Quick Ratio (X)	2.57
Interest Coverage Ratio (X)	15.63
Interest Coverage Ratio (Post Tax) (X)	8.60
Enterprise Value (Cr.)	173.31
EV / Net Operating Revenue (X)	0.97
EV / EBITDA (X)	3.72
MarketCap / Net Operating Revenue (X)	0.92
Price / BV (X)	1.50
Price / Net Operating Revenue (X)	0.92
EarningsYield	0.13

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 92.99

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.

As of December 22, 2024, is Overvalued by 13.90% compared to the current share price 108.00

Default values used*: Default value of 15% for ROE is used

Intrinsic Value of as of December 22, 2024 is: 92.99

Calculation basis:

Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Overvalued by 13.90% compared to the current share price 108.00

Default values used*: Default value of 15% for ROE is used

Last 5 Year EPS CAGR: 0.00%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (84.00 cr) compared to borrowings (22.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (178.00 cr) and profit (32.00 cr) over the years.	The stock has a low average ROCE of 0.00%, which may not be favorable. The stock has a high average Working Capital Days of 127.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 92.00, which may not be favorable.

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 :
1. Net Profit Margin: 12.72%
  - 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: 28.72% (Industry Average ROCE: 15.72%)
  - 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%: 20.76% (Industry Average ROE: 13.15%)
  - 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): 8.6
  - 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: 2.57
  - 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: 32.5 (Industry average Stock P/E: 60.82)
  - 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: 0.12
  - 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 - Qualitative Analysis

Sudev Industries Ltd. is a Public Limited Listed company incorporated on 20/04/1992 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is L25201UP1992PLC018150 and registration number is 018150. Currently Company is involved in the business activities of Wholesale of plastic materials in primary forms. Company’s Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 3.50 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Plastics - Plastic & Plastic Products	B1/26, Sector-18, Gautam Buddha Nagar, Noida Uttar Pradesh 201301	cs@iirmholdings.in https://www.iirmholdings.in

Management
Name	Position Held
Mr. Vurakaranam Rama Krishna	Chairman & Managing Director
Ms. Deepali Anantha Rao	Non Executive Director
Mr. Rama Mohana Rao Bandlamudi	Non Executive Director
Mr. Srikant Sastri	Independent Director
Mr. Guru Venkata Subbaraya Sharma Varanasi	Independent Director
Mr. Venkata Ramudu Jasthi	Independent Director
Mr. Yugandhara Rao Sunkara	Independent Director
Mr. Rahul Chhabra	Independent Director

FAQ

What is the latest intrinsic value of IIRM Holdings India Ltd?

The latest intrinsic value of IIRM Holdings India Ltd as on 21 December 2024 is ₹92.99, which is 13.90% lower than the current market price of ₹108.00. The stock has a market capitalization of 736 Cr. and recorded a high/low of 172/22.9 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹93 Cr and total liabilities of ₹186 Cr.

What is the Market Cap of IIRM Holdings India Ltd?

The Market Cap of IIRM Holdings India Ltd is 736 Cr..

What is the current Stock Price of IIRM Holdings India Ltd as on 21 December 2024?

The current stock price of IIRM Holdings India Ltd as on 21 December 2024 is 108.

What is the High / Low of IIRM Holdings India Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of IIRM Holdings India Ltd stocks is 172/22.9.

What is the Stock P/E of IIRM Holdings India Ltd?

The Stock P/E of IIRM Holdings India Ltd is 32.5.

What is the Book Value of IIRM Holdings India Ltd?

The Book Value of IIRM Holdings India Ltd is 18.7.

What is the Dividend Yield of IIRM Holdings India Ltd?

The Dividend Yield of IIRM Holdings India Ltd is 0.00 %.

What is the ROCE of IIRM Holdings India Ltd?

The ROCE of IIRM Holdings India Ltd is %.

What is the ROE of IIRM Holdings India Ltd?

The ROE of IIRM Holdings India Ltd is %.

What is the Face Value of IIRM Holdings India Ltd?

The Face Value of IIRM Holdings India Ltd is 5.00.