Cosmo Ferrites Ltd

Cosmo Ferrites Ltd

₹ 259 -1.98%
06 Dec - close price
About

Cosmo Ferrites Limited is a manufacturer and exporter of soft ferrite cores used in inverter transformers, Energy Meter, Mobile Charger etc. [1]

Key Points

**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]

  • 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.

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
18.38 19.11 18.88 19.81 26.19 34.75 33.09 35.44 24.57 23.36 23.94 26.96 23.78
16.42 17.15 16.65 16.20 19.82 26.03 24.04 30.01 23.06 21.85 22.45 23.93 21.85
Operating Profit 1.96 1.96 2.23 3.61 6.37 8.72 9.05 5.43 1.51 1.51 1.49 3.03 1.93
OPM % 10.66% 10.26% 11.81% 18.22% 24.32% 25.09% 27.35% 15.32% 6.15% 6.46% 6.22% 11.24% 8.12%
0.32 0.59 0.29 0.31 0.64 -1.04 -0.70 0.61 0.38 0.32 1.30 0.41 0.68
Interest 0.92 0.91 0.84 0.75 1.31 1.12 0.89 1.20 1.41 1.45 1.44 1.92 1.93
Depreciation 0.98 0.98 1.01 0.99 1.00 1.06 0.87 0.84 0.98 0.97 1.11 1.20 1.21
Profit before tax 0.38 0.66 0.67 2.18 4.70 5.50 6.59 4.00 -0.50 -0.59 0.24 0.32 -0.53
Tax % -2.63% 45.45% -243.28% 20.18% 25.32% 25.82% 25.64% 21.50% 18.00% 22.03% 37.50% -12.50% 18.87%
0.39 0.36 2.30 1.74 3.51 4.08 4.90 3.14 -0.41 -0.46 0.15 0.36 -0.43
EPS in Rs 0.32 0.30 1.91 1.45 2.92 3.39 4.07 2.61 -0.34 -0.38 0.12 0.30 -0.36
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
63.49% 63.49% 63.49% 63.49% 63.49% 63.59% 63.65% 63.65% 63.65% 63.65% 63.65% 63.65%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05% 0.04% 0.00% 0.00% 0.00%
0.06% 0.06% 0.06% 0.06% 0.35% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06%
36.45% 36.45% 36.45% 36.45% 36.16% 36.35% 36.29% 36.25% 36.25% 36.29% 36.29% 36.29%
No. of Shareholders 4,8864,8824,9585,1187,1888,7279,4739,7819,9379,8799,6859,507

* 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.

Click on the line-items to see the names of individual entities.

Documents