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 ₹ 507 Cr.
- Current Price ₹ 2,123
- High / Low ₹ 2,300 / 461
- Stock P/E 25.7
- Book Value ₹ 465
- Dividend Yield 0.14 %
- ROCE 12.9 %
- ROE 8.44 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 40.2% CAGR over last 5 years
Cons
- Stock is trading at 4.56 times its book value
- Company has a low return on equity of 2.56% 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
107 | 120 | 99 | 89 | 93 | 109 | 108 | 134 | 124 | 110 | 169 | 223 | 280 | |
92 | 108 | 95 | 85 | 92 | 105 | 105 | 124 | 121 | 111 | 158 | 205 | 243 | |
Operating Profit | 16 | 12 | 3 | 4 | 1 | 3 | 3 | 10 | 3 | -1 | 11 | 17 | 37 |
OPM % | 14% | 10% | 3% | 4% | 2% | 3% | 2% | 7% | 2% | -1% | 6% | 8% | 13% |
12 | 1 | 2 | 2 | 2 | 8 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | |
Interest | 1 | 1 | 1 | 1 | 1 | 4 | 4 | 3 | 3 | 2 | 2 | 2 | 3 |
Depreciation | 4 | 4 | 4 | 5 | 4 | 5 | 5 | 5 | 5 | 4 | 5 | 4 | 5 |
Profit before tax | 23 | 7 | 1 | 1 | -2 | 3 | -4 | 4 | -3 | -7 | 5 | 12 | 30 |
Tax % | 29% | 39% | -19% | -56% | 71% | 21% | 35% | 14% | 41% | 22% | 21% | 31% | |
16 | 4 | 1 | 1 | -1 | 2 | -2 | 4 | -2 | -5 | 4 | 8 | 20 | |
EPS in Rs | 68.86 | 18.74 | 3.35 | 4.10 | -2.13 | 8.95 | -9.83 | 14.89 | -7.82 | -21.63 | 17.36 | 34.77 | 82.54 |
Dividend Payout % | 7% | 27% | 45% | 37% | 0% | 0% | 0% | 7% | 0% | 0% | 12% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 16% |
3 Years: | 22% |
TTM: | 33% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 40% |
3 Years: | 94% |
TTM: | 221% |
Stock Price CAGR | |
---|---|
10 Years: | 28% |
5 Years: | 53% |
3 Years: | 130% |
1 Year: | 342% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
Reserves | 88 | 91 | 91 | 90 | 89 | 94 | 92 | 95 | 92 | 87 | 92 | 99 | 109 |
9 | 7 | 3 | 13 | 35 | 35 | 28 | 23 | 26 | 14 | 9 | 13 | 22 | |
44 | 35 | 29 | 31 | 25 | 32 | 36 | 41 | 39 | 39 | 46 | 55 | 73 | |
Total Liabilities | 143 | 136 | 125 | 136 | 152 | 164 | 158 | 161 | 160 | 142 | 149 | 169 | 206 |
32 | 32 | 29 | 28 | 39 | 50 | 47 | 44 | 45 | 42 | 39 | 39 | 46 | |
CWIP | 4 | 0 | 1 | 1 | 6 | 1 | 0 | 0 | 0 | 0 | 0 | 4 | 3 |
Investments | 16 | 21 | 22 | 26 | 25 | 31 | 25 | 22 | 18 | 15 | 11 | 11 | 9 |
91 | 82 | 73 | 81 | 82 | 83 | 86 | 95 | 96 | 86 | 98 | 115 | 148 | |
Total Assets | 143 | 136 | 125 | 136 | 152 | 164 | 158 | 161 | 160 | 142 | 149 | 169 | 206 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4 | 3 | 6 | -3 | -6 | 11 | 7 | 5 | -4 | 11 | 8 | 5 | |
3 | -6 | -1 | -6 | -15 | -8 | 4 | 3 | 5 | 3 | 1 | -9 | |
-2 | -4 | -6 | 9 | 21 | -4 | -11 | -8 | -0 | -14 | -7 | 2 | |
Net Cash Flow | 6 | -7 | -1 | 0 | 1 | -0 | -0 | -0 | 1 | -0 | 3 | -3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 119 | 117 | 125 | 161 | 162 | 130 | 131 | 111 | 113 | 97 | 77 | 76 |
Inventory Days | 261 | 178 | 203 | 302 | 245 | 258 | 255 | 229 | 300 | 287 | 189 | 164 |
Days Payable | 183 | 121 | 114 | 151 | 107 | 148 | 167 | 149 | 160 | 167 | 115 | 103 |
Cash Conversion Cycle | 197 | 175 | 214 | 313 | 301 | 239 | 220 | 191 | 254 | 217 | 151 | 137 |
Working Capital Days | 131 | 133 | 152 | 200 | 195 | 129 | 125 | 110 | 149 | 137 | 93 | 87 |
ROCE % | 14% | 8% | -0% | -0% | -2% | 5% | 0% | 6% | -0% | -4% | 7% | 13% |
Documents
Announcements
- Certificate Under Regulation 40(9) & (10) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024 19 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024 17 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17 Apr - Confirmation Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018, for the quarter ended 31st March, 2024
- Re-Appointment Of Managing Director 12 Apr
-
Announcement under Regulation 30 (LODR)-Change in Directorate
1 Apr - Cessation of office of Independent Director on completion of his second and final term
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]
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