Ind-Agiv Commerce Ltd

Ind-Agiv Commerce Ltd

₹ 53.6 5.00%
15 Apr - close price
About

Incorporated in 1986, Ind Agiv Commerce Ltd is engaged in Trading of Audio Video broadcast equipment and dealing in business of Spray paints.

Key Points

Services Offered:[1][2]
a) Spray Paints: This is the main area of company’s operations and includes wholesale and marketing activity.
b) Audio Visual Activity: Company provides audio visual technologies solutions for meeting rooms, board rooms, auditoriums, etc.
iii) Sales of Other Equipment: Company has recently started distribution of Eureka Forbes PRO products across India.

  • Market Cap 5.36 Cr.
  • Current Price 53.6
  • High / Low 55.2 / 24.2
  • Stock P/E
  • Book Value -16.5
  • Dividend Yield 0.00 %
  • ROCE -11.7 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.45% over past five years.
  • Company has high debtors of 234 days.
  • Company's cost of borrowing seems high

* 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: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
1.61 3.38 0.96 1.46 1.41 2.29 2.29 1.87 2.19 6.73 1.26 1.10 1.71
2.06 5.66 1.24 1.66 1.60 3.79 3.23 1.11 2.00 7.86 1.39 1.84 1.75
Operating Profit -0.45 -2.28 -0.28 -0.20 -0.19 -1.50 -0.94 0.76 0.19 -1.13 -0.13 -0.74 -0.04
OPM % -27.95% -67.46% -29.17% -13.70% -13.48% -65.50% -41.05% 40.64% 8.68% -16.79% -10.32% -67.27% -2.34%
0.08 0.18 3.80 0.05 0.04 -0.42 0.03 0.93 0.17 -0.66 0.05 0.04 0.04
Interest 0.34 0.40 0.35 0.23 0.22 0.22 0.22 0.23 0.31 1.51 0.53 0.01 0.46
Depreciation 0.00 0.20 0.03 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.01
Profit before tax -0.71 -2.70 3.14 -0.40 -0.38 -2.15 -1.14 1.45 0.04 -3.31 -0.62 -0.71 -0.47
Tax % 0.00% 1.48% 0.00% 0.00% 15.79% 1.86% 0.00% 4.83% 0.00% 3.93% -11.29% 0.00% -14.89%
-0.71 -2.66 3.14 -0.40 -0.33 -2.11 -1.14 1.38 0.05 -3.19 -0.68 -0.72 -0.53
EPS in Rs -7.10 -26.60 31.40 -4.00 -3.30 -21.10 -11.40 13.80 0.50 -31.90 -6.80 -7.20 -5.30
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
7.28 11.23 13.39 22.27 12.94 8.48 5.99 13.09 10.80
8.35 10.44 12.45 21.26 11.41 9.55 7.88 14.22 12.84
Operating Profit -1.07 0.79 0.94 1.01 1.53 -1.07 -1.89 -1.13 -2.04
OPM % -14.70% 7.03% 7.02% 4.54% 11.82% -12.62% -31.55% -8.63% -18.89%
2.13 0.18 0.59 0.87 0.80 0.28 3.51 0.47 -0.53
Interest 0.47 0.46 0.80 1.13 1.80 1.42 1.04 2.27 2.51
Depreciation 0.11 0.20 0.21 0.22 0.21 0.20 0.07 0.03 0.03
Profit before tax 0.48 0.31 0.52 0.53 0.32 -2.41 0.51 -2.96 -5.11
Tax % 22.92% 48.39% 42.31% 33.96% 34.38% 2.49% 88.24% 2.03%
0.37 0.16 0.30 0.35 0.21 -2.35 0.06 -2.90 -5.12
EPS in Rs 3.70 1.60 3.00 3.50 2.10 -23.50 0.60 -29.00 -51.20
Dividend Payout % 0.00% 0.00% 16.67% 14.29% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 0%
3 Years: 0%
TTM: 25%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -274%
Stock Price CAGR
10 Years: 8%
5 Years: 2%
3 Years: 35%
1 Year: 27%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00
Reserves 1.46 2.86 1.67 3.92 4.71 2.36 0.24 -2.65
Preference Capital 0.00 0.00 3.35 2.65 2.65 2.65 2.65
0.80 4.01 6.57 10.30 9.18 9.42 3.07 3.86
7.47 5.32 7.30 6.47 12.53 11.40 12.75 27.76
Total Liabilities 10.73 13.19 16.54 21.69 27.42 24.18 17.06 29.97
4.33 4.46 4.43 4.27 4.37 3.92 0.08 0.06
CWIP 0.00 0.00 0.00 2.27 2.18 2.18 0.00 0.00
Investments 0.78 0.14 0.14 0.05 0.00 0.30 0.30 0.30
5.62 8.59 11.97 15.10 20.87 17.78 16.68 29.61
Total Assets 10.73 13.19 16.54 21.69 27.42 24.18 17.06 29.97

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-1.75 -3.82 -4.85 -2.73 1.17 -0.09 -8.07 2.87
-1.29 -0.61 -0.08 0.04 0.03 0.00 7.73 0.12
0.80 4.91 4.42 2.76 -1.03 0.00 0.00 -1.97
Net Cash Flow -2.24 0.47 -0.52 0.07 0.18 -0.09 -0.34 1.01

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 115.32 84.18 91.86 79.49 102.11 196.70 192.55 233.67
Inventory Days 129.15 165.86 228.19 144.67 642.47 668.26 813.03 342.32
Days Payable 115.12 55.85 114.59 37.95 117.85 145.19 95.14 241.02
Cash Conversion Cycle 129.35 194.19 205.46 186.22 626.73 719.78 910.45 334.97
Working Capital Days -129.86 93.61 223.80 192.09 346.10 505.32 594.12 440.01
ROCE % 13.84% 12.90% 10.90% 11.97% -4.43% 17.87%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
72.21% 72.21% 72.21% 72.21% 72.21% 72.21% 72.21% 72.21% 72.21% 72.21% 72.21% 72.21%
27.79% 27.79% 27.79% 27.79% 27.79% 27.79% 27.79% 27.79% 27.79% 27.79% 27.79% 27.79%
No. of Shareholders 1,0761,0711,0711,0691,0701,0731,0721,0741,0731,0821,0921,092

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