Phoenix International Ltd
Incorporated in 1995, Phoenix International
Ltd is in the business of leasing out building
and is a manufacturer and supplier of Shoe Uppers in Chennai, India.
- Market Cap ₹ 70.8 Cr.
- Current Price ₹ 42.2
- High / Low ₹ 49.1 / 20.0
- Stock P/E 40.7
- Book Value ₹ 205
- Dividend Yield 0.00 %
- ROCE 2.25 %
- ROE 0.63 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.21 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.79% over past five years.
- Company has a low return on equity of 0.48% over last 3 years.
- Company has high debtors of 317 days.
* 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: Leather Industry: Leather / Leather Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
35.32 | 36.83 | 39.17 | 37.39 | 40.90 | 39.26 | 42.51 | 42.98 | 24.11 | 26.97 | 32.37 | 27.75 | |
24.46 | 27.08 | 30.54 | 28.30 | 29.16 | 24.62 | 28.39 | 28.71 | 8.46 | 13.33 | 19.73 | 15.56 | |
Operating Profit | 10.86 | 9.75 | 8.63 | 9.09 | 11.74 | 14.64 | 14.12 | 14.27 | 15.65 | 13.64 | 12.64 | 12.19 |
OPM % | 30.75% | 26.47% | 22.03% | 24.31% | 28.70% | 37.29% | 33.22% | 33.20% | 64.91% | 50.57% | 39.05% | 43.93% |
0.11 | 0.92 | 0.18 | 0.88 | 1.51 | 0.38 | 2.98 | 3.38 | 1.03 | 0.13 | 0.71 | 0.83 | |
Interest | 7.41 | 7.15 | 6.11 | 7.51 | 10.68 | 10.48 | 10.08 | 9.69 | 10.69 | 8.66 | 6.94 | 6.92 |
Depreciation | 2.38 | 2.38 | 1.46 | 0.74 | 3.57 | 3.57 | 3.53 | 3.54 | 3.53 | 3.96 | 3.62 | 3.64 |
Profit before tax | 1.18 | 1.14 | 1.24 | 1.72 | -1.00 | 0.97 | 3.49 | 4.42 | 2.46 | 1.15 | 2.79 | 2.46 |
Tax % | 33.90% | 43.86% | 44.35% | 54.07% | 19.00% | -84.54% | 12.61% | 30.09% | 67.07% | -66.96% | 22.94% | |
0.77 | 0.64 | 0.69 | 0.79 | -0.81 | 1.80 | 3.05 | 3.08 | 0.81 | 1.92 | 2.16 | 1.74 | |
EPS in Rs | 0.46 | 0.38 | 0.41 | 0.47 | -0.48 | 1.07 | 1.82 | 1.83 | 0.48 | 1.14 | 1.29 | 1.04 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -1% |
5 Years: | -4% |
3 Years: | -9% |
TTM: | -18% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 4% |
3 Years: | -11% |
TTM: | -24% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 23% |
3 Years: | 52% |
1 Year: | 93% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 1% |
3 Years: | 0% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 |
Reserves | 38.21 | 38.85 | 38.32 | 48.01 | 299.44 | 300.56 | 313.65 | 321.16 | 321.05 | 322.44 | 327.02 | 328.06 |
Preference Capital | 2.00 | 2.00 | 2.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
73.47 | 69.63 | 64.80 | 95.45 | 90.37 | 87.95 | 86.22 | 75.45 | 103.63 | 94.95 | 85.69 | 80.70 | |
44.54 | 35.67 | 36.18 | 37.64 | 64.51 | 56.37 | 37.22 | 38.14 | 34.77 | 37.73 | 39.44 | 43.65 | |
Total Liabilities | 173.01 | 160.94 | 156.09 | 197.89 | 471.11 | 461.67 | 453.88 | 451.54 | 476.24 | 471.91 | 468.94 | 469.20 |
40.95 | 38.53 | 35.64 | 34.91 | 292.01 | 288.47 | 287.25 | 283.91 | 280.27 | 277.69 | 274.07 | 272.25 | |
CWIP | 4.61 | 4.61 | 4.61 | 4.61 | 4.61 | 4.61 | 0.00 | 0.00 | 1.33 | 0.00 | 0.00 | 0.00 |
Investments | 23.79 | 23.79 | 23.79 | 8.05 | 23.79 | 23.79 | 6.14 | 6.14 | 6.14 | 6.14 | 6.14 | 6.14 |
103.66 | 94.01 | 92.05 | 150.32 | 150.70 | 144.80 | 160.49 | 161.49 | 188.50 | 188.08 | 188.73 | 190.81 | |
Total Assets | 173.01 | 160.94 | 156.09 | 197.89 | 471.11 | 461.67 | 453.88 | 451.54 | 476.24 | 471.91 | 468.94 | 469.20 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
16.42 | 12.63 | 12.04 | 7.36 | 17.80 | 25.73 | 20.88 | 19.03 | 17.01 | 4.20 | 18.33 | |
-1.41 | -3.37 | 0.21 | 16.43 | 0.16 | 0.25 | -46.12 | -0.54 | 48.48 | -0.14 | 0.11 | |
-12.79 | -10.78 | -2.89 | -34.43 | -16.70 | 19.58 | -20.69 | -18.14 | -65.81 | -6.42 | -16.61 | |
Net Cash Flow | 2.22 | -1.52 | 9.36 | -10.64 | 1.26 | 45.56 | -45.93 | 0.35 | -0.32 | -2.36 | 1.82 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 242.13 | 199.79 | 131.30 | 270.02 | 228.37 | 316.66 | 113.51 | 142.08 | 295.97 | 360.80 | 316.63 |
Inventory Days | 147.44 | 149.47 | 86.75 | 98.77 | 80.55 | 166.46 | 122.16 | 89.59 | 290.70 | 233.16 | 117.02 |
Days Payable | 579.95 | 317.55 | 326.25 | 343.65 | 302.62 | 828.90 | 262.05 | 310.64 | 1,258.75 | 721.71 | 490.43 |
Cash Conversion Cycle | -190.38 | 31.72 | -108.21 | 25.14 | 6.30 | -345.79 | -26.38 | -78.97 | -672.08 | -127.75 | -56.78 |
Working Capital Days | 543.78 | 530.01 | 463.96 | 585.62 | 501.18 | 218.94 | 220.24 | 191.84 | 290.36 | 392.34 | 296.89 |
ROCE % | 6.20% | 5.69% | 6.26% | 3.37% | 2.82% | 3.30% | 3.40% | 3.08% | 2.24% | 2.25% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 25 Apr
- Certificate Under Regulation 40(9) & 40(10) Of The SEBI(LODR) Regulations, 2015. 13 Apr
-
Compliance Certificate For The Financial Year Ended 31.03.2024
11 Apr - Compliance Certificate pursuant to Regulation 7(3) of the SEBI(LODR)regulations, 2015.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Compliance Certificate for the quarter ended 31.03.2024.
- Closure of Trading Window 23 Mar
Annual reports
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Financial Year 2023
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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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Business Overview:[1]
Company was engaged in shoe manufacturing in Noida but production was discontinued from FY00 to FY05, and company was largely involved in trading of shoe uppers in export markets. In FY06, company restarted manufacturing of leather shoe uppers from a leased premise in Chennai. In FY07, company’s manufacturing facility at Noida was refurbished as a commercial office space and leased out to 5 tenants.