Industrial & Prudential Investment Company Ltd
Industrial & Prudential Investment Company Ltd engaged in Non-Banking Financial activities including the business of acquiring, selling and maintaining investments. [1]
- Market Cap ₹ 912 Cr.
- Current Price ₹ 5,440
- High / Low ₹ 5,889 / 2,071
- Stock P/E 58.0
- Book Value ₹ 2,850
- Dividend Yield 1.10 %
- ROCE 3.93 %
- ROE 3.74 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 80.2%
Cons
- Tax rate seems low
- Company has a low return on equity of 3.64% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 3 | 8 | 8 | 8 | 9 | 10 | 8 | 13 | 13 | 17 | 17 | |
1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | |
Operating Profit | 8 | 2 | 7 | 6 | 7 | 9 | 9 | 5 | 12 | 13 | 16 | 16 |
OPM % | 93% | 75% | 90% | 86% | 89% | 93% | 94% | 66% | 95% | 95% | 94% | 95% |
-0 | -0 | -0 | -0 | 0 | 0 | -0 | 5 | -0 | 0 | -0 | -0 | |
Interest | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Depreciation | -0 | -0 | -0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Profit before tax | 8 | 2 | 7 | 6 | 7 | 9 | 9 | 10 | 12 | 13 | 16 | 16 |
Tax % | -0% | -0% | 6% | 2% | 4% | 4% | 6% | 10% | 8% | 13% | 6% | 5% |
8 | 2 | 7 | 6 | 7 | 8 | 9 | 9 | 11 | 11 | 15 | 16 | |
EPS in Rs | 45.88 | 11.71 | 38.59 | 37.35 | 39.82 | 47.21 | 49.45 | 49.73 | 66.42 | 65.94 | 87.78 | 93.87 |
Dividend Payout % | 41% | 160% | 49% | 91% | 63% | 53% | 51% | 50% | 38% | 76% | 69% | 96% |
Compounded Sales Growth | |
---|---|
10 Years: | 21% |
5 Years: | 12% |
3 Years: | 10% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 13% |
3 Years: | 12% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 42% |
3 Years: | 66% |
1 Year: | 159% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 4% |
3 Years: | 4% |
Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
Reserves | 28 | 26 | 29 | 28 | 34 | 37 | 191 | 176 | 296 | 388 | 361 | 476 |
-0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
4 | 4 | 5 | 8 | 1 | 1 | 32 | 26 | 9 | 26 | 19 | 32 | |
Total Liabilities | 32 | 31 | 34 | 37 | 37 | 40 | 224 | 204 | 307 | 416 | 381 | 510 |
0 | 0 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Investments | 27 | 30 | 32 | 35 | 34 | 38 | 221 | 203 | 305 | 408 | 374 | 502 |
5 | 1 | 2 | 2 | 3 | 2 | 4 | 2 | 2 | 8 | 7 | 7 | |
Total Assets | 32 | 31 | 34 | 37 | 37 | 40 | 224 | 204 | 307 | 416 | 381 | 510 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | 0 | -1 | 6 | 5 | 5 | 5 | 7 | 7 | 4 | 11 | 14 | |
8 | -0 | 5 | -2 | 3 | -1 | 0 | -2 | 8 | 1 | -3 | -4 | |
-4 | -4 | -4 | -4 | -7 | -5 | -5 | -5 | -15 | -4 | -8 | -10 | |
Net Cash Flow | 4 | -4 | 1 | 0 | 1 | -1 | -0 | -0 | 0 | 0 | -0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
Working Capital Days | -149 | -596 | -217 | -381 | -53 | -25 | 38 | -28 | -14 | -2 | -25 | -10 |
ROCE % | 30% | 7% | 25% | 22% | 23% | 23% | 8% | 3% | 5% | 4% | 4% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
3 May - Newspaper advertisement in Financial Express (English) and Aaj Kal (Bengali) dated 03-05-2024 for publication of audited results for year ended 31st March, 2024 as approved …
- Related Party Transactions For Half Year Ended 31-03-2024 2 May
- Approval Of Audited Financial Results Standalone And Consolidated Results For FY 31-03-2024 2 May
- Approval Of Audited Financial Results Standalone And Consolidated Results For FY 31-03-2024 2 May
- Corporate Action-Board approves Dividend 2 May
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Revenue Split
Dividend Income: 38% in FY21 vs 100% in FY20
Net Gain on Fair Value Changes: 62% in FY21 vs NIL in FY20 [1]
Investment Portfolio
The Co had investments worth 520 crores as of March 2021. These investments include a 21.5% stake in kSB ltd (associate company), investments in mutual funds and holdings in equity shares of listed companies like Infosys, Nestle, HUL, Titan etc. [2]
Amalgamation
The Co has approved amalgamation of its wholly owned subsidiary, New Holding and Trading Co. Ltd with the Company. The matter is currently with NCLT. [3]
Buyback
The Co bought back 69,500 fully paid equity shares representing up to 3.98% of the total paid-up Equity shares of the company during FY21 at a price of 1200/share for an outlay of 8.3 crores. [4]
Increase in Holdings
During FY21, the Co has purchased 1 lakh equity shares of KSB Limited (Associate Company) at a cost of Rs 8 crores. [5]