Prima Agro Ltd

Prima Agro Ltd

₹ 25.8 -1.71%
28 Mar - close price
About

Incorporated in 1987, Prima Agro Ltd manufactures compounded animal feed[1]

Key Points

Product Profile:[1]
Company offers Animal Feed under a product range of:
a) Cattle Feed Pellets in 70 kg
b) Cattle Feed Pellets in 50 kg

  • Market Cap 13.4 Cr.
  • Current Price 25.8
  • High / Low 33.6 / 21.7
  • Stock P/E 9.23
  • Book Value 31.5
  • Dividend Yield 0.00 %
  • ROCE 9.67 %
  • ROE 10.5 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.82 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -31.7% over past five years.
  • Earnings include an other income of Rs.1.67 Cr.

* 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: Miscellaneous Industry: Miscellaneous

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
3.90 4.14 4.10 4.53 3.97 3.80 3.80 3.45 3.33 3.19 3.53 3.33 2.81
2.57 3.63 2.59 3.29 3.66 3.70 2.85 2.93 2.39 3.67 2.65 2.65 2.56
Operating Profit 1.33 0.51 1.51 1.24 0.31 0.10 0.95 0.52 0.94 -0.48 0.88 0.68 0.25
OPM % 34.10% 12.32% 36.83% 27.37% 7.81% 2.63% 25.00% 15.07% 28.23% -15.05% 24.93% 20.42% 8.90%
0.08 1.50 0.08 0.08 0.22 1.14 0.04 0.09 0.09 1.16 0.05 0.06 0.40
Interest 0.00 0.05 0.00 0.00 0.00 0.05 0.00 0.00 0.00 0.06 0.00 0.00 0.00
Depreciation 0.23 -0.05 0.17 0.17 0.17 0.16 0.18 0.18 0.18 0.22 0.19 0.19 0.19
Profit before tax 1.18 2.01 1.42 1.15 0.36 1.03 0.81 0.43 0.85 0.40 0.74 0.55 0.46
Tax % 27.97% 33.83% 29.58% 28.70% 41.67% 49.51% 29.63% 27.91% 29.41% 0.00% 28.38% 27.27% 28.26%
0.86 1.33 1.00 0.82 0.21 0.51 0.57 0.30 0.60 0.41 0.54 0.40 0.34
EPS in Rs 1.66 2.56 1.92 1.58 0.40 0.98 1.10 0.58 1.15 0.79 1.04 0.77 0.65
Raw PDF

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
6.84 6.31 9.28 11.14 11.47 11.87 92.72 14.07 13.59 15.67 16.39 13.78 12.86
6.64 6.14 8.36 9.85 9.55 9.02 88.18 10.26 10.97 11.33 13.24 11.86 11.53
Operating Profit 0.20 0.17 0.92 1.29 1.92 2.85 4.54 3.81 2.62 4.34 3.15 1.92 1.33
OPM % 2.92% 2.69% 9.91% 11.58% 16.74% 24.01% 4.90% 27.08% 19.28% 27.70% 19.22% 13.93% 10.34%
4.04 0.31 -0.02 0.04 0.00 0.36 0.32 0.40 -0.29 1.83 1.52 1.38 1.67
Interest 1.40 0.03 0.10 0.05 0.04 0.07 0.07 0.05 0.06 0.05 0.05 0.06 0.06
Depreciation 0.19 0.22 0.28 0.32 0.85 0.73 0.69 0.63 0.90 0.62 0.66 0.75 0.79
Profit before tax 2.65 0.23 0.52 0.96 1.03 2.41 4.10 3.53 1.37 5.50 3.96 2.49 2.15
Tax % 10.19% 226.09% 50.00% 64.58% 37.86% 28.22% 25.12% 28.90% 49.64% 29.82% 35.61% 24.10%
2.38 -0.29 0.26 0.35 0.64 1.73 3.06 2.52 0.69 3.85 2.55 1.88 1.69
EPS in Rs 4.58 -0.56 0.50 0.67 1.23 3.33 5.89 4.85 1.33 7.41 4.91 3.62 3.25
Dividend Payout % 0.00% 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: 8%
5 Years: -32%
3 Years: 0%
TTM: -11%
Compounded Profit Growth
10 Years: 22%
5 Years: -13%
3 Years: 22%
TTM: -27%
Stock Price CAGR
10 Years: 18%
5 Years: 15%
3 Years: 14%
1 Year: 10%
Return on Equity
10 Years: %
5 Years: 19%
3 Years: 16%
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 5.19 5.19 5.19 5.19 5.19 5.19 5.19 5.19 5.19 5.19 5.19 5.19 5.20
Reserves -19.23 -7.29 -7.03 -6.68 -6.09 -4.26 -1.19 1.33 2.02 5.87 8.42 10.30 11.17
Preference Capital 0.00 0.00 6.00 6.00 6.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
17.56 6.43 0.40 0.33 0.72 6.68 6.57 6.39 6.59 6.63 6.77 6.75 6.39
7.14 2.86 9.01 9.90 10.80 3.55 3.91 2.44 2.55 3.12 3.83 3.42 3.13
Total Liabilities 10.66 7.19 7.57 8.74 10.62 11.16 14.48 15.35 16.35 20.81 24.21 25.66 25.89
2.66 4.31 4.26 4.02 3.92 4.29 3.75 4.23 4.03 3.97 3.61 4.63 4.26
CWIP 0.00 0.00 0.00 0.20 0.38 0.00 0.37 0.00 0.00 0.00 0.51 0.18 0.19
Investments 1.02 1.02 1.02 1.35 2.95 3.66 5.21 6.79 6.62 11.30 13.97 14.21 14.29
6.98 1.86 2.29 3.17 3.37 3.21 5.15 4.33 5.70 5.54 6.12 6.64 7.15
Total Assets 10.66 7.19 7.57 8.74 10.62 11.16 14.48 15.35 16.35 20.81 24.21 25.66 25.89

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
3.16 8.15 0.77 1.73 2.41 1.89 3.83 1.30 1.12 3.87 2.54 1.49
-1.50 2.96 -0.59 -1.55 -2.62 -1.77 -3.37 -1.11 -0.96 -3.94 -2.77 -1.21
-1.61 -11.13 -0.17 -0.13 0.28 0.04 -0.20 -0.39 0.13 0.05 0.11 -0.14
Net Cash Flow 0.05 -0.02 0.01 0.05 0.07 0.17 0.26 -0.20 0.29 -0.02 -0.12 0.15

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 17.61 13.88 15.34 8.85 6.68 7.69 1.30 8.04 11.55 9.55 7.13 9.27
Inventory Days 7.16 32.52
Days Payable 493.82 513.17
Cash Conversion Cycle 17.61 -472.78 15.34 8.85 6.68 7.69 1.30 8.04 -469.09 9.55 7.13 9.27
Working Capital Days -339.92 -103.54 -72.76 -86.50 -111.06 -65.19 -9.80 -28.28 -18.26 -25.86 -28.06 -17.22
ROCE % 2.54% 6.62% 15.97% 21.49% 20.64% 35.59% 45.10% 30.49% 13.48% 24.07% 13.82% 9.67%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
34.52% 36.19% 36.19% 36.19% 40.06% 40.06% 40.11% 40.11% 40.13% 40.13% 40.15% 40.15%
65.48% 63.81% 63.81% 63.81% 59.94% 59.94% 59.89% 59.90% 59.86% 59.87% 59.85% 59.85%
No. of Shareholders 12,46712,58212,82212,82012,91212,92912,85412,81712,81312,74912,72412,742

Documents