International Combustion (India) Ltd
Incorporated in 1936, International
Combustion (India) Ltd manufactures
and supply Heavy Engineering Equipment, Geared Motors and Gear Boxes and Dry Mix Mortars[1]
- Market Cap ₹ 227 Cr.
- Current Price ₹ 949
- High / Low ₹ 2,300 / 900
- Stock P/E 20.3
- Book Value ₹ 507
- Dividend Yield 0.53 %
- ROCE 26.4 %
- ROE 18.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 42.0% CAGR over last 5 years
Cons
- Company has a low return on equity of 10.8% 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: Capital Goods-Non Electrical Equipment Industry: Engineering
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
120 | 99 | 89 | 93 | 109 | 108 | 134 | 124 | 110 | 169 | 223 | 297 | 278 | |
108 | 95 | 85 | 92 | 105 | 105 | 124 | 121 | 111 | 158 | 205 | 258 | 253 | |
Operating Profit | 12 | 3 | 4 | 1 | 3 | 3 | 10 | 3 | -1 | 11 | 17 | 38 | 25 |
OPM % | 10% | 3% | 4% | 2% | 3% | 2% | 7% | 2% | -1% | 6% | 8% | 13% | 9% |
1 | 2 | 2 | 2 | 8 | 3 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | |
Interest | 1 | 1 | 1 | 1 | 4 | 4 | 3 | 3 | 2 | 2 | 2 | 3 | 4 |
Depreciation | 4 | 4 | 5 | 4 | 5 | 5 | 5 | 5 | 4 | 5 | 4 | 5 | 6 |
Profit before tax | 7 | 1 | 1 | -2 | 3 | -4 | 4 | -3 | -7 | 5 | 12 | 32 | 17 |
Tax % | 39% | -19% | -56% | -71% | 21% | -35% | 14% | -41% | -22% | 21% | 31% | 38% | |
4 | 1 | 1 | -1 | 2 | -2 | 4 | -2 | -5 | 4 | 8 | 20 | 11 | |
EPS in Rs | 18.74 | 3.35 | 4.10 | -2.13 | 8.95 | -9.83 | 14.89 | -7.82 | -21.63 | 17.36 | 34.77 | 83.46 | 46.81 |
Dividend Payout % | 27% | 45% | 37% | 0% | 0% | 0% | 7% | 0% | 0% | 12% | 9% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 17% |
3 Years: | 39% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 39% |
5 Years: | 42% |
3 Years: | 80% |
TTM: | -36% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 45% |
3 Years: | 44% |
1 Year: | -19% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 5% |
3 Years: | 11% |
Last Year: | 18% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
Reserves | 91 | 91 | 90 | 89 | 94 | 92 | 95 | 92 | 87 | 92 | 99 | 118 | 119 |
7 | 3 | 13 | 35 | 35 | 28 | 23 | 26 | 14 | 9 | 13 | 31 | 41 | |
35 | 29 | 31 | 25 | 32 | 36 | 41 | 39 | 39 | 46 | 55 | 72 | 63 | |
Total Liabilities | 136 | 125 | 136 | 152 | 164 | 158 | 161 | 160 | 142 | 149 | 169 | 223 | 226 |
32 | 29 | 28 | 39 | 50 | 47 | 44 | 45 | 42 | 39 | 39 | 57 | 61 | |
CWIP | 0 | 1 | 1 | 6 | 1 | 0 | 0 | 0 | 0 | 0 | 4 | 3 | 0 |
Investments | 21 | 22 | 26 | 25 | 31 | 25 | 22 | 18 | 15 | 11 | 11 | 9 | 10 |
82 | 73 | 81 | 82 | 83 | 86 | 95 | 96 | 86 | 98 | 115 | 154 | 155 | |
Total Assets | 136 | 125 | 136 | 152 | 164 | 158 | 161 | 160 | 142 | 149 | 169 | 223 | 226 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3 | 6 | -3 | -6 | 11 | 7 | 5 | -4 | 11 | 8 | 5 | 6 | |
-6 | -1 | -6 | -15 | -8 | 4 | 3 | 5 | 3 | 1 | -9 | -19 | |
-4 | -6 | 9 | 21 | -4 | -11 | -8 | -0 | -14 | -7 | 2 | 14 | |
Net Cash Flow | -7 | -1 | 0 | 1 | -0 | -0 | -0 | 1 | -0 | 3 | -3 | 1 |
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 | 117 | 125 | 161 | 162 | 130 | 131 | 111 | 113 | 97 | 77 | 76 | 83 |
Inventory Days | 178 | 203 | 302 | 245 | 258 | 255 | 229 | 300 | 287 | 189 | 164 | 166 |
Days Payable | 121 | 114 | 151 | 107 | 148 | 167 | 149 | 160 | 167 | 115 | 103 | 106 |
Cash Conversion Cycle | 175 | 214 | 313 | 301 | 239 | 220 | 191 | 254 | 217 | 151 | 137 | 143 |
Working Capital Days | 133 | 152 | 200 | 195 | 129 | 125 | 110 | 149 | 137 | 93 | 87 | 94 |
ROCE % | 8% | -0% | -0% | -2% | 5% | 0% | 6% | -0% | -4% | 7% | 13% | 26% |
Documents
Announcements
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
1d - Intimation of lost share certificates and issuance of duplicates.
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Re-Appointment Of Registrars & Share Transfer Agents
28 Nov - Re-appointment of Registrars & Share Transfer Agents for one year.
-
Announcement under Regulation 30 (LODR)-Credit Rating
28 Nov - Re-affirmation of credit rating by CRISIL.
- Newspaper Publication 8 Nov
-
Unaudited Financial Results (Standalone) For The Second Quarter And Half-Year Ended 30Th September, 2024
5 Nov - Unaudited financial results for Q2 and half-year ended September 2024.
Annual reports
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Financial Year 2024
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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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Business Overview:[1]
ICL manufactures heavy-duty grinding mills, screening and feeding equipment, conveyors, bulk material handling equipment and industrial gearboxes, and geared motors, catering to steel, cement, fertilizer, chemical,
mining, and infrastructure industries. It also manufactures dry-mix mortars in collaboration with Cementos Capa.
Its units are in Nagpur, Kolkata, Aurangabad and Ajmer