Ador Multi Products Ltd

Ador Multi Products Ltd

₹ 35.6 -2.62%
19 Apr - close price
About

Incorporated in 1986, Ador Multiproducts Ltd manufactures and distributes cosmetic and personal care products[1]

Key Points

Business Overview:[1][2]
Company is a contract manufacturer of personal care products in India, offering one-stop shop from product conception to finished goods and undertaking private labelling

  • Market Cap 16.6 Cr.
  • Current Price 35.6
  • High / Low 60.8 / 29.1
  • Stock P/E
  • Book Value 6.72
  • Dividend Yield 0.00 %
  • ROCE -12.6 %
  • ROE -13.9 %
  • Face Value 10.0

Pros

  • Company's working capital requirements have reduced from 79.2 days to 44.6 days

Cons

  • Stock is trading at 5.30 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -2.16% over past five years.
  • Promoter holding is low: 38.6%
  • Company has a low return on equity of -2.43% over last 3 years.
  • Debtor days have increased from 51.6 to 66.3 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: FMCG Industry: Personal Care - Indian

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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
2.22 1.80 2.77 1.05 0.77 2.61 1.44 1.35 1.34 1.75 2.60 1.03 0.84
2.17 2.19 3.00 1.37 1.01 2.46 1.71 1.54 1.98 2.31 3.04 1.10 0.88
Operating Profit 0.05 -0.39 -0.23 -0.32 -0.24 0.15 -0.27 -0.19 -0.64 -0.56 -0.44 -0.07 -0.04
OPM % 2.25% -21.67% -8.30% -30.48% -31.17% 5.75% -18.75% -14.07% -47.76% -32.00% -16.92% -6.80% -4.76%
0.18 0.26 0.05 0.14 -0.03 0.14 0.01 0.01 0.01 0.01 0.01 -9.32 -0.42
Interest -0.00 -0.00 -0.00 -0.00 -0.00 0.01 -0.00 0.01 0.02 0.03 0.03 0.03 0.03
Depreciation 0.06 0.10 0.07 0.07 0.07 0.07 0.08 0.08 0.07 0.08 0.08 0.08 0.08
Profit before tax 0.17 -0.23 -0.25 -0.25 -0.34 0.21 -0.34 -0.27 -0.72 -0.66 -0.54 -9.50 -0.57
Tax % -70.59% -169.57% -0.00% -0.00% -0.00% 61.90% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00%
0.29 -0.62 -0.25 -0.26 -0.34 0.08 -0.33 -0.26 -0.73 -0.66 -0.53 -9.49 -0.57
EPS in Rs 0.62 -1.33 -0.53 -0.56 -0.73 0.17 -0.71 -0.56 -1.56 -1.41 -1.13 -20.31 -1.22
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
11 12 10 8 6 7 7 7 8 18 7 6 6
11 12 11 9 7 7 7 9 9 16 8 7 7
Operating Profit 0 -0 -1 -1 -1 -1 -1 -1 -0 2 -1 -2 -1
OPM % 0% -4% -13% -9% -13% -13% -12% -18% -5% 11% -9% -27% -18%
0 0 0 0 0 2 0 0 0 4 0 0 -10
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 -1 -2 -1 -1 1 -1 -1 -0 6 -1 -2 -11
Tax % -50% 31% 32% 32% 39% 43% -3% 1% 81% 17% -20% 1%
0 -0 -1 -1 -1 1 -1 -1 -0 5 -1 -2 -11
EPS in Rs 0.11 -1.72 -4.05 -2.59 -2.44 1.85 -3.39 -3.62 -0.20 10.72 -1.65 -4.22 -24.07
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: -7%
5 Years: -2%
3 Years: -11%
TTM: -8%
Compounded Profit Growth
10 Years: %
5 Years: -50%
3 Years: %
TTM: -20%
Stock Price CAGR
10 Years: 11%
5 Years: 0%
3 Years: -24%
1 Year: -40%
Return on Equity
10 Years: -10%
5 Years: -4%
3 Years: -2%
Last Year: -14%

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 3 3 3 3 3 3 3 4 4 5 5 5 5
Reserves 2 2 1 0 -0 3 2 3 4 11 10 8 -2
1 1 1 2 2 2 0 1 2 -0 0 1 1
1 1 2 2 1 2 2 3 5 4 2 2 2
Total Liabilities 7 7 7 7 6 10 7 10 15 20 18 17 6
1 1 1 1 1 5 1 2 2 3 3 2 2
CWIP -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Investments 0 0 0 0 1 2 2 4 4 9 10 10 1
5 5 6 5 5 3 4 4 8 8 5 4 3
Total Assets 7 7 7 7 6 10 7 10 15 20 18 17 6

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
0 -0 0 1 -0 3 -4 -1 -1 -4 0 -1
0 -0 -0 -0 0 -3 4 -3 0 1 -1 0
-0 -0 0 -0 -0 0 0 3 1 3 -0 -0
Net Cash Flow 0 -0 0 0 -0 -0 0 -0 0 -0 -1 -1

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 86 84 87 81 67 65 87 66 94 31 58 66
Inventory Days 80 57 57 66 106 96 68 83 204 94 195 184
Days Payable 36 29 73 65 90 83 67 95 166 53 90 109
Cash Conversion Cycle 131 111 71 81 83 77 89 53 132 72 163 141
Working Capital Days 110 106 61 83 65 -79 59 17 26 78 115 45
ROCE % 1% -11% -30% -18% -16% -13% -11% -20% -4% 17% -4% -13%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
38.84% 38.87% 38.87% 38.94% 38.97% 38.55% 38.55% 38.56% 38.56% 38.56% 38.56% 38.56%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
61.14% 61.11% 61.11% 61.04% 61.01% 61.45% 61.43% 61.44% 61.43% 61.44% 61.43% 61.42%
No. of Shareholders 3,9593,9083,8943,9453,9873,9293,8943,9193,9274,1204,2144,244

* 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.

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