Cosmo Ferrites Ltd
Cosmo Ferrites Limited is a manufacturer and exporter of soft ferrite cores used in inverter transformers, Energy Meter, Mobile Charger etc. [1]
- Market Cap ₹ 312 Cr.
- Current Price ₹ 259
- High / Low ₹ 334 / 125
- Stock P/E
- Book Value ₹ 26.7
- Dividend Yield 0.00 %
- ROCE 10.3 %
- ROE 9.69 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.3%
Cons
- Stock is trading at 9.70 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Working capital days have increased from 61.8 days to 89.0 days
* 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: Consumer Durables Industry: Electronics - Components
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
42.81 | 48.62 | 56.78 | 54.09 | 59.46 | 66.09 | 78.21 | 78.42 | 55.01 | 63.65 | 113.84 | 107.31 | 98.04 | |
37.85 | 45.15 | 50.19 | 51.08 | 54.02 | 60.37 | 76.92 | 76.43 | 58.03 | 57.04 | 82.83 | 96.56 | 90.08 | |
Operating Profit | 4.96 | 3.47 | 6.59 | 3.01 | 5.44 | 5.72 | 1.29 | 1.99 | -3.02 | 6.61 | 31.01 | 10.75 | 7.96 |
OPM % | 11.59% | 7.14% | 11.61% | 5.56% | 9.15% | 8.65% | 1.65% | 2.54% | -5.49% | 10.38% | 27.24% | 10.02% | 8.12% |
1.26 | 0.76 | 1.21 | 0.97 | 0.92 | 0.67 | 1.29 | -4.17 | 0.91 | 1.29 | -4.06 | 1.80 | 2.71 | |
Interest | 2.44 | 2.87 | 2.72 | 2.74 | 2.62 | 3.77 | 5.14 | 5.14 | 4.18 | 3.45 | 4.07 | 5.50 | 6.74 |
Depreciation | 3.38 | 3.95 | 3.98 | 3.61 | 3.69 | 3.99 | 4.30 | 4.14 | 3.75 | 3.95 | 3.92 | 3.90 | 4.49 |
Profit before tax | 0.40 | -2.59 | 1.10 | -2.37 | 0.05 | -1.37 | -6.86 | -11.46 | -10.04 | 0.50 | 18.96 | 3.15 | -0.56 |
Tax % | 2.50% | 36.29% | 4.55% | 29.54% | 80.00% | 27.74% | 65.01% | 27.14% | 0.10% | -260.00% | 25.00% | 23.17% | |
0.39 | -1.66 | 1.05 | -1.68 | -0.00 | -0.99 | -2.40 | -8.35 | -10.03 | 1.81 | 14.23 | 2.42 | -0.38 | |
EPS in Rs | 0.32 | -1.38 | 0.87 | -1.40 | -0.00 | -0.82 | -2.00 | -6.94 | -8.34 | 1.50 | 11.83 | 2.01 | -0.32 |
Dividend Payout % | -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: | 7% |
3 Years: | 25% |
TTM: | -23% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 27% |
3 Years: | 32% |
TTM: | -101% |
Stock Price CAGR | |
---|---|
10 Years: | 46% |
5 Years: | 69% |
3 Years: | 196% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 9% |
3 Years: | 34% |
Last Year: | 10% |
Balance Sheet
Figures in Rs. Crores
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 | 12.03 | 12.03 | 12.03 | 12.03 | 12.03 | 12.03 | 12.03 | 12.03 | 12.03 | 12.03 | 12.03 | 12.03 | 12.03 |
Reserves | 11.65 | 9.98 | 11.01 | 9.10 | 9.11 | 22.39 | 19.97 | 11.77 | 1.75 | 3.55 | 17.83 | 20.22 | 20.12 |
Preference Capital | -0.00 | -0.00 | 1.00 | 2.00 | 2.00 | -0.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | |
20.49 | 21.05 | 17.67 | 24.47 | 28.41 | 34.57 | 42.41 | 37.54 | 39.62 | 45.13 | 45.63 | 71.20 | 70.30 | |
14.32 | 15.32 | 16.70 | 17.59 | 18.31 | 22.34 | 27.94 | 28.68 | 25.26 | 19.91 | 33.15 | 21.91 | 23.55 | |
Total Liabilities | 58.49 | 58.38 | 57.41 | 63.19 | 67.86 | 91.33 | 102.35 | 90.02 | 78.66 | 80.62 | 108.64 | 125.36 | 126.00 |
37.35 | 35.76 | 32.87 | 34.84 | 40.74 | 63.46 | 64.04 | 59.98 | 56.86 | 54.14 | 48.44 | 73.01 | 71.54 | |
CWIP | 0.67 | -0.00 | 1.65 | 5.94 | 0.08 | 0.08 | 0.24 | 0.01 | -0.00 | 0.05 | 11.55 | -0.00 | 0.08 |
Investments | 1.79 | 1.79 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.26 | 0.26 |
18.68 | 20.83 | 22.89 | 22.41 | 27.04 | 27.79 | 38.07 | 30.03 | 21.80 | 26.43 | 48.65 | 52.09 | 54.12 | |
Total Assets | 58.49 | 58.38 | 57.41 | 63.19 | 67.86 | 91.33 | 102.35 | 90.02 | 78.66 | 80.62 | 108.64 | 125.36 | 126.00 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.99 | -0.46 | 2.10 | 3.63 | -0.06 | 2.97 | -6.01 | 7.65 | -1.12 | -4.30 | 15.26 | -1.57 | |
-5.24 | -1.45 | 0.63 | -10.40 | -3.72 | -6.80 | -4.18 | -2.95 | -0.82 | -1.32 | -15.10 | -21.68 | |
2.61 | 0.55 | -2.38 | 7.79 | 3.94 | 4.36 | 9.84 | -4.87 | 2.08 | 5.52 | 0.53 | 25.57 | |
Net Cash Flow | 0.36 | -1.36 | 0.35 | 1.02 | 0.16 | 0.53 | -0.35 | -0.16 | 0.14 | -0.10 | 0.69 | 2.32 |
Ratios
Figures in Rs. Crores
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 | 48.85 | 55.70 | 46.67 | 50.27 | 71.88 | 57.55 | 86.85 | 56.83 | 47.38 | 51.27 | 54.06 | 57.35 |
Inventory Days | 212.68 | 211.03 | 181.49 | 203.28 | 213.91 | 211.67 | 162.06 | 151.31 | 168.71 | 205.25 | 196.52 | 136.93 |
Days Payable | 160.37 | 178.14 | 121.74 | 167.01 | 150.42 | 173.28 | 209.77 | 220.97 | 240.96 | 161.24 | 127.25 | 58.29 |
Cash Conversion Cycle | 101.16 | 88.59 | 106.42 | 86.55 | 135.37 | 95.93 | 39.14 | -12.82 | -24.88 | 95.28 | 123.33 | 135.99 |
Working Capital Days | 36.24 | 48.50 | 55.67 | 51.15 | 64.88 | 44.84 | 55.82 | 1.58 | -19.31 | 40.54 | 55.95 | 89.01 |
ROCE % | 6.68% | 0.71% | 7.86% | 1.21% | 5.37% | 4.00% | -2.37% | -1.36% | -9.75% | 6.77% | 41.13% | 10.34% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
23 Nov - Announcement under Regulation 30- Appointment of Mr. Sanjay Gupta as the Chief Financial Officer of the Company.
- Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 3 Nov
- Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 3 Nov
- Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 2 Nov
- Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 2 Nov
Annual reports
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Financial Year 2023
from bse
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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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**Products & Revenue Mix- FY22 **
Soft Ferrites Components (86%)
The Co. produces Soft Ferrites used in Inverter transformers, Energy meters, Mobile chargers, SMPS, pulse transformers, line filters, choke, noise suppressors, etc. The Co serves a variety of industries including Automotive, Lighting, Solar, Induction Heating, Medical, etc.
Coils and Transformers (14%) [1] [2]