CIAN Agro Industries & Infrastructure Ltd

CIAN Agro Industries & Infrastructure Ltd

₹ 40.0 3.09%
02 Jun - close price
About

CIAN Agro Industries & Infrastructure Limited, incorporated in 1985 under the name of Umred Agro Complex Ltd, is primarily engaged in manufacturing Spices, Edible Oil, Personal Care, Homecare, Sanitation, and Agro products. [1] [2]

Key Points

Products and Brands
Agro Division: The company manufactures sprinklers, bio-fertilizers and HDPE and PVC pipes in the Agro Division.
Consumer and Healthcare: CIAN spices & Amrutdhara oils, detergents and dishwashing liquids. It also manufactures nutritional supplements.[1][2][3][4]

  • Market Cap 112 Cr.
  • Current Price 40.0
  • High / Low 70.2 / 34.4
  • Stock P/E 415
  • Book Value 29.6
  • Dividend Yield 0.00 %
  • ROCE 9.32 %
  • ROE 0.33 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 7.92% over past five years.
  • Company has a low return on equity of 1.78% over last 3 years.
  • Promoters have pledged 41.0% 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: Edible Oil Industry: Solvent Extraction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
55.84 40.14 53.23 69.13 103.00 73.79 56.25 62.61 61.47 49.24 52.04 78.29 110.42
47.17 37.29 45.70 62.31 96.94 68.40 51.84 54.53 56.05 43.38 45.48 70.08 105.56
Operating Profit 8.67 2.85 7.53 6.82 6.06 5.39 4.41 8.08 5.42 5.86 6.56 8.21 4.86
OPM % 15.53% 7.10% 14.15% 9.87% 5.88% 7.30% 7.84% 12.91% 8.82% 11.90% 12.61% 10.49% 4.40%
1.74 0.05 0.29 0.22 1.74 0.04 0.22 0.14 0.74 0.05 0.07 0.01 1.29
Interest 3.31 1.44 5.57 4.02 4.08 3.34 2.72 4.72 3.32 3.26 4.67 6.15 3.57
Depreciation 1.07 1.47 1.47 1.47 1.49 1.47 1.57 1.58 1.58 2.07 2.07 2.07 2.20
Profit before tax 6.03 -0.01 0.78 1.55 2.23 0.62 0.34 1.92 1.26 0.58 -0.11 0.00 0.38
Tax % -6.47% -600.00% -25.64% 4.52% 91.03% 17.74% 2.94% 2.60% 265.87% 24.14% 9.09% 84.21%
Net Profit 6.42 -0.07 0.98 1.49 0.21 0.51 0.33 1.87 -2.08 0.44 -0.10 -0.07 0.06
EPS in Rs 2.29 -0.03 0.35 0.53 0.08 0.18 0.12 0.68 0.25 0.16 -0.04 -0.02 0.00
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
101 198 156 212 265 254 290
98 192 139 190 242 230 264
Operating Profit 3 6 17 22 24 24 25
OPM % 3% 3% 11% 10% 9% 9% 9%
2 3 0 2 2 1 1
Interest 1 4 10 14 15 15 18
Depreciation 0 2 5 5 6 6 8
Profit before tax 3 3 3 5 5 4 1
Tax % 1% 57% 61% 22% 43% 85% 60%
Net Profit 3 1 1 4 3 1 0
EPS in Rs 1.16 0.39 0.39 1.30 0.93 0.22 0.10
Dividend Payout % 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 8%
3 Years: 11%
TTM: 14%
Compounded Profit Growth
10 Years: %
5 Years: -24%
3 Years: -58%
TTM: -56%
Stock Price CAGR
10 Years: %
5 Years: -2%
3 Years: 9%
1 Year: -40%
Return on Equity
10 Years: %
5 Years: 3%
3 Years: 2%
Last Year: 0%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
29 28 28 28 28 28 28
Reserves -11 14 17 19 22 54 55
48 61 100 104 109 98 134
10 55 45 130 158 201 268
Total Liabilities 77 157 190 281 317 380 485
6 47 63 81 76 115 117
CWIP 1 12 1 0 1 0 0
Investments 2 3 3 3 3 3 67
69 95 123 197 237 262 301
Total Assets 77 157 190 281 317 380 485

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-20 -1 6 32 15 46
-2 -31 -37 -14 -3 -21
14 -10 8 -19 -11 -25
Net Cash Flow -8 -42 -23 -0 2 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 61 79 87 101 74 79 58
Inventory Days 22 15 198 191 526 259
Days Payable 30 77 103 84 284 150
Cash Conversion Cycle 53 17 182 208 316 79 168
Working Capital Days 96 76 183 231 199 158 185
ROCE % 8% 11% 13% 13% 11% 9%

Shareholding Pattern

Numbers in percentages

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
75.00 74.91 74.70 74.33 74.26 74.01 73.62 73.43 73.38 73.37 73.30 73.26
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07
0.20 0.20 0.20 0.20 0.20 0.20 0.20 0.20 0.20 0.20 0.20 0.13
24.80 24.89 25.10 25.47 25.54 25.79 26.18 26.37 26.42 26.44 26.50 26.55

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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