Balasore Alloys Ltd
Balasore Alloys is principally engaged in extraction of chrome ore from its captive mines n Odisha and manufacturing and selling of Ferro Chromes of various grades.
- Market Cap ₹ 58.7 Cr.
- Current Price ₹ 6.29
- High / Low ₹ /
- Stock P/E
- Book Value ₹ 55.6
- Dividend Yield 0.00 %
- ROCE -5.29 %
- ROE -11.4 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.11 times its book value
- Debtor days have improved from 213 to 128 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -20.6% over past five years.
- Company has a low return on equity of -7.82% over last 3 years.
- Contingent liabilities of Rs.52.9 Cr.
- Promoters have pledged 41.2% of their holding.
* 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: Mining & Mineral products Industry: Mining / Minerals / Metals
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
591 | 686 | 783 | 848 | 838 | 1,012 | 1,210 | 1,258 | 767 | 100 | 102 | 382 | 1,058 | |
484 | 589 | 660 | 732 | 756 | 832 | 1,060 | 1,190 | 837 | 93 | 125 | 432 | 1,136 | |
Operating Profit | 106 | 97 | 123 | 115 | 82 | 179 | 150 | 68 | -70 | 7 | -23 | -50 | -78 |
OPM % | 18% | 14% | 16% | 14% | 10% | 18% | 12% | 5% | -9% | 7% | -22% | -13% | -7% |
6 | 15 | 9 | -17 | 7 | 22 | 34 | -25 | 1 | 6 | 10 | -78 | -76 | |
Interest | 47 | 44 | 38 | 35 | 32 | 39 | 46 | 44 | 50 | 38 | 27 | 72 | 23 |
Depreciation | 17 | 17 | 19 | 21 | 22 | 27 | 30 | 32 | 30 | 29 | 26 | 24 | 62 |
Profit before tax | 49 | 51 | 74 | 42 | 35 | 135 | 108 | -33 | -149 | -54 | -66 | -224 | -239 |
Tax % | 35% | 43% | 38% | 31% | 47% | 38% | 39% | 11% | 27% | 24% | 12% | 24% | |
32 | 29 | 46 | 29 | 19 | 84 | 66 | -29 | -108 | -41 | -58 | -171 | -225 | |
EPS in Rs | 4.97 | 4.48 | 7.16 | 4.12 | 2.37 | 9.41 | 7.02 | -3.12 | -11.62 | -4.35 | -6.23 | -18.36 | -24.08 |
Dividend Payout % | 11% | 12% | 9% | 15% | 26% | 8% | 11% | -13% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | -6% |
5 Years: | -21% |
3 Years: | -21% |
TTM: | 1113% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 5% |
TTM: | -25% |
Stock Price CAGR | |
---|---|
10 Years: | -8% |
5 Years: | -21% |
3 Years: | -4% |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | -6% |
3 Years: | -8% |
Last Year: | -11% |
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 | 34 | 34 | 34 | 37 | 41 | 44 | 47 | 47 | 47 | 47 | 47 | 47 | 47 |
Reserves | 914 | 891 | 883 | 862 | 838 | 858 | 920 | 883 | 773 | 740 | 685 | 515 | 472 |
148 | 309 | 292 | 116 | 132 | 215 | 181 | 178 | 196 | 203 | 202 | 577 | 559 | |
215 | 260 | 302 | 344 | 406 | 523 | 548 | 626 | 690 | 773 | 744 | 769 | 814 | |
Total Liabilities | 1,311 | 1,494 | 1,511 | 1,359 | 1,417 | 1,641 | 1,695 | 1,734 | 1,706 | 1,763 | 1,678 | 1,909 | 1,892 |
1,037 | 988 | 948 | 934 | 880 | 846 | 864 | 867 | 902 | 874 | 847 | 823 | 813 | |
CWIP | 35 | 52 | 78 | 73 | 90 | 94 | 120 | 134 | 117 | 117 | 117 | 117 | 121 |
Investments | 38 | 38 | 38 | 34 | 34 | 17 | 18 | 18 | 18 | 17 | 16 | 16 | 16 |
200 | 416 | 447 | 318 | 413 | 684 | 694 | 715 | 669 | 755 | 697 | 952 | 941 | |
Total Assets | 1,311 | 1,494 | 1,511 | 1,359 | 1,417 | 1,641 | 1,695 | 1,734 | 1,706 | 1,763 | 1,678 | 1,909 | 1,892 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
99 | 115 | 95 | 66 | 63 | 90 | 139 | 83 | 44 | -9 | -9 | -289 | |
-24 | -235 | -42 | 143 | -65 | -119 | -65 | -57 | -47 | 26 | 26 | 3 | |
-75 | 120 | -53 | -208 | 8 | 30 | -66 | -36 | 1 | -19 | -19 | 307 | |
Net Cash Flow | 0 | 0 | 1 | 1 | 6 | 0 | 9 | -11 | -2 | -2 | -2 | 21 |
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 | 6 | 4 | 6 | 6 | 11 | 14 | 16 | 15 | 27 | 194 | 316 | 128 |
Inventory Days | 174 | 148 | 151 | 172 | 178 | 258 | 153 | 116 | 166 | 1,426 | 454 | |
Days Payable | 187 | 231 | 281 | 301 | 344 | 370 | 214 | 229 | 252 | 1,045 | 440 | |
Cash Conversion Cycle | -7 | -79 | -125 | -123 | -155 | -98 | -45 | -98 | -59 | 194 | 698 | 141 |
Working Capital Days | -28 | -43 | -43 | -38 | -39 | -24 | -8 | -22 | -39 | 70 | -192 | 24 |
ROCE % | 8% | 8% | 9% | 11% | 7% | 16% | 16% | 4% | -7% | -2% | -4% | -5% |
Documents
Announcements
- Statement On Impact Of Audit Qualifications For The Financial Year Ended March 31, 2023 15 Jan
- Closure of Trading Window 1 Jan
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 18 Dec 2023
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 15 Dec 2023
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov 2023 - Newspaper publication of extracts of the financial results for the quarter and half year ended 30-09-2023