Photoquip India Ltd

Photoquip India Ltd

₹ 26.6 4.89%
26 Feb - close price
About

Incorporated in 1992, Photoquip India Ltd manufactures and sells Digital Studio Flash Lights and Photographic Accessories in India and abroad.

Key Points

Product Portfolio:[1]
a) Photoquip Elinchrom Studio Light
b) Photoquip Elinchrom Transmiter
c) Photoquip Elinchrom Litemotiv
d) Photoquip Elinchrom Reflactor
e) Photoquip Steela Pro Light & Motion
f) Photoquip KLIK Camera Flash
g) Photoquip Jupio DSLR Battery
h) Photoquip Jupio Travel Adaptor

  • Market Cap 16.0 Cr.
  • Current Price 26.6
  • High / Low 36.2 / 14.8
  • Stock P/E
  • Book Value 13.3
  • Dividend Yield 0.00 %
  • ROCE -10.7 %
  • ROE -43.0 %
  • Face Value 10.0

Pros

  • Company's working capital requirements have reduced from 163 days to 123 days

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -23.0% over past five years.
  • Company has a low return on equity of -26.5% over last 3 years.
  • Promoter holding has decreased over last 3 years: -12.0%

* 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.

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Quarterly Results

Figures in Rs. Crores

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
3.57 2.93 1.69 3.46 3.80 3.46 2.44 2.89 2.89 3.39 3.43 2.83 4.09
3.91 5.39 1.51 3.00 3.14 5.12 2.88 3.37 3.38 3.74 3.88 3.38 4.64
Operating Profit -0.34 -2.46 0.18 0.46 0.66 -1.66 -0.44 -0.48 -0.49 -0.35 -0.45 -0.55 -0.55
OPM % -9.52% -83.96% 10.65% 13.29% 17.37% -47.98% -18.03% -16.61% -16.96% -10.32% -13.12% -19.43% -13.45%
1.72 1.14 0.01 0.03 0.04 0.16 0.05 0.06 0.02 0.18 0.06 0.05 0.13
Interest 0.33 0.36 0.34 0.32 0.28 0.32 0.28 0.29 0.30 0.24 0.25 0.24 0.23
Depreciation 0.19 0.18 0.17 0.17 0.17 0.17 0.17 0.17 0.17 0.17 0.15 0.15 0.15
Profit before tax 0.86 -1.86 -0.32 0.00 0.25 -1.99 -0.84 -0.88 -0.94 -0.58 -0.79 -0.89 -0.80
Tax % 16.28% -35.48% 56.25% -4.00% -21.61% -25.00% -25.00% -22.34% -39.66% -16.46% -13.48% -15.00%
0.72 -2.52 -0.15 -0.02 0.25 -2.42 -1.04 -1.10 -1.15 -0.81 -0.91 -1.01 -0.92
EPS in Rs 1.50 -5.25 -0.31 -0.04 0.52 -5.04 -2.17 -2.29 -2.40 -1.69 -1.90 -1.68 -1.53
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
82.30 77.60 91.43 101.14 60.34 47.66 42.83 37.96 27.39 9.49 12.41 11.56 13.74
74.65 76.53 91.23 103.60 63.79 48.00 41.90 36.72 28.06 12.36 12.78 13.33 15.64
Operating Profit 7.65 1.07 0.20 -2.46 -3.45 -0.34 0.93 1.24 -0.67 -2.87 -0.37 -1.77 -1.90
OPM % 9.30% 1.38% 0.22% -2.43% -5.72% -0.71% 2.17% 3.27% -2.45% -30.24% -2.98% -15.31% -13.83%
0.83 0.58 0.43 1.92 2.64 0.36 0.56 0.33 0.92 3.71 0.25 0.32 0.42
Interest 0.90 1.02 2.18 2.01 1.94 1.88 1.82 1.44 1.55 1.44 1.27 1.11 0.96
Depreciation 0.49 0.94 1.69 1.87 1.91 0.70 0.73 0.72 0.94 0.81 0.69 0.68 0.62
Profit before tax 7.09 -0.31 -3.24 -4.42 -4.66 -2.56 -1.06 -0.59 -2.24 -1.41 -2.08 -3.24 -3.06
Tax % 38.36% 9.68% 16.36% 33.03% 24.46% 31.64% 38.68% -127.12% -20.98% -55.32% -12.50% -26.85%
4.38 -0.28 -2.70 -2.96 -3.52 -1.74 -0.64 -1.34 -2.71 -2.19 -2.34 -4.10 -3.65
EPS in Rs 9.12 -0.58 -5.62 -6.17 -7.33 -3.62 -1.33 -2.79 -5.64 -4.56 -4.87 -8.54 -6.80
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: -17%
5 Years: -23%
3 Years: -25%
TTM: 18%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -21%
TTM: 36%
Stock Price CAGR
10 Years: -3%
5 Years: 0%
3 Years: 52%
1 Year: 41%
Return on Equity
10 Years: -14%
5 Years: -19%
3 Years: -26%
Last Year: -43%

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 4.80 4.80 4.80 4.80 4.80 4.80 4.80 4.80 4.80 4.80 4.80 4.80 6.00
Reserves 27.59 27.31 24.61 21.57 18.05 16.02 15.37 14.03 11.33 9.14 6.79 2.69 1.99
8.08 16.35 11.06 12.95 13.39 11.44 10.25 9.94 11.23 11.43 10.00 10.62 10.22
13.30 11.56 12.55 14.17 11.34 13.81 11.79 11.55 11.19 1.97 1.26 0.81 0.83
Total Liabilities 53.77 60.02 53.02 53.49 47.58 46.07 42.21 40.32 38.55 27.34 22.85 18.92 19.04
9.36 9.78 13.10 14.23 11.65 11.01 11.28 11.15 12.45 10.64 10.00 9.34 9.05
CWIP 0.26 0.00 0.03 0.27 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.03 0.03 0.03 0.03 0.03 0.06 0.06 0.06 0.07 0.05 0.09 0.09 0.09
44.12 50.21 39.86 38.96 35.90 35.00 30.87 29.11 26.03 16.65 12.76 9.49 9.90
Total Assets 53.77 60.02 53.02 53.49 47.58 46.07 42.21 40.32 38.55 27.34 22.85 18.92 19.04

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
-3.40 0.08 10.37 -0.10 -2.98 3.06 2.36 2.65 1.84 -1.05 1.88 0.67
-2.07 -0.77 -4.22 -0.86 3.98 0.03 -0.80 -0.46 -0.67 1.49 0.78 0.28
4.85 3.89 -7.46 -0.12 -1.51 -3.61 -1.48 -1.84 -1.31 -0.67 -2.69 -0.50
Net Cash Flow -0.62 3.20 -1.31 -1.09 -0.51 -0.52 0.08 0.36 -0.14 -0.24 -0.03 0.45

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 11.31 13.88 16.81 9.71 29.94 7.12 9.12 4.52 10.79 25.77 21.76 12.00
Inventory Days 81.07 55.47 38.70 43.97 52.16 87.23 99.99 117.03 171.44 221.55 193.04 156.16
Days Payable 64.91 56.91 55.73 55.70 72.78 112.42 106.35 118.85 172.52 56.33 37.72 26.71
Cash Conversion Cycle 27.47 12.44 -0.22 -2.02 9.32 -18.07 2.76 2.70 9.71 191.00 177.08 141.45
Working Capital Days 72.25 72.53 33.81 15.73 28.79 3.14 -1.70 -4.42 0.80 220.77 146.76 122.82
ROCE % 23.25% 1.64% -2.20% -9.90% -8.60% -1.99% 2.68% 2.87% -2.46% -4.67% -3.45% -10.73%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
59.07% 59.07% 59.07% 59.07% 59.07% 59.07% 59.06% 59.06% 59.06% 58.87% 47.01% 47.06%
0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.05% 0.05%
40.87% 40.87% 40.87% 40.87% 40.87% 40.87% 40.87% 40.87% 40.86% 41.06% 52.92% 52.88%
No. of Shareholders 3,7483,7533,7823,8153,8403,8494,1674,2354,1874,1574,1274,140

* 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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