Adarsh Plant Protect Ltd
₹ 25.6
-3.32%
19 Apr
- close price
About
Incorporated in 1992, Adarsh Plant Protect Ltd is in the business of Industrial packaging (Barrels), Agriculture equipment and Smokeless chulhas[1]
Key Points
- Market Cap ₹ 25.4 Cr.
- Current Price ₹ 25.6
- High / Low ₹ 35.7 / 15.6
- Stock P/E 79.4
- Book Value ₹ 1.08
- Dividend Yield 0.00 %
- ROCE 5.44 %
- ROE 15.6 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 86.0 to 67.9 days.
- Company's working capital requirements have reduced from 136 days to 109 days
Cons
- Stock is trading at 23.8 times its book value
- The company has delivered a poor sales growth of 9.59% over past five years.
- Company might be capitalizing the interest cost
* 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: Capital Goods-Non Electrical Equipment Industry: Pumps
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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.21 | 3.02 | 7.84 | 8.86 | 9.83 | 10.65 | 10.88 | 10.34 | 12.70 | 12.63 | 17.12 | 17.20 | 17.34 | |
| 6.66 | 3.12 | 7.58 | 8.90 | 9.15 | 10.11 | 11.50 | 10.98 | 12.51 | 12.18 | 16.81 | 16.80 | 16.78 | |
| Operating Profit | -1.45 | -0.10 | 0.26 | -0.04 | 0.68 | 0.54 | -0.62 | -0.64 | 0.19 | 0.45 | 0.31 | 0.40 | 0.56 |
| OPM % | -27.83% | -3.31% | 3.32% | -0.45% | 6.92% | 5.07% | -5.70% | -6.19% | 1.50% | 3.56% | 1.81% | 2.33% | 3.23% |
| 1.49 | 0.66 | 0.08 | 0.06 | 0.05 | 0.06 | 0.03 | 0.03 | 0.05 | 0.01 | 0.03 | 0.02 | 0.00 | |
| Interest | 0.35 | 0.39 | 0.49 | 0.53 | 0.47 | 0.46 | 0.56 | 0.33 | 0.19 | 0.20 | 0.19 | 0.21 | 0.19 |
| Depreciation | 0.32 | 0.32 | 0.26 | 0.22 | 0.22 | 0.07 | 0.05 | 0.03 | 0.04 | 0.04 | 0.05 | 0.08 | 0.08 |
| Profit before tax | -0.63 | -0.15 | -0.41 | -0.73 | 0.04 | 0.07 | -1.20 | -0.97 | 0.01 | 0.22 | 0.10 | 0.13 | 0.29 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| -0.63 | -0.15 | -0.41 | -0.73 | 0.03 | 0.08 | -1.20 | -0.97 | 0.01 | 0.22 | 0.10 | 0.14 | 0.32 | |
| EPS in Rs | -0.64 | -0.15 | -0.41 | -0.74 | 0.03 | 0.08 | -1.21 | -0.98 | 0.01 | 0.22 | 0.10 | 0.14 | 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% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 10% |
| 3 Years: | 11% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 16% |
| 3 Years: | 141% |
| TTM: | 164% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 53% |
| 3 Years: | 62% |
| 1 Year: | 32% |
| Return on Equity | |
|---|---|
| 10 Years: | -15% |
| 5 Years: | -13% |
| 3 Years: | 20% |
| Last Year: | 16% |
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 | 9.90 | 9.90 | 9.90 | 9.90 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 | 9.91 |
| Reserves | -5.92 | -6.07 | -6.48 | -7.32 | -7.29 | -7.23 | -8.44 | -9.42 | -9.40 | -9.19 | -9.08 | -8.94 | -8.84 |
| 1.90 | 3.00 | 3.64 | 3.39 | 3.47 | 4.38 | 5.51 | 5.57 | 5.71 | 6.20 | 5.67 | 5.02 | 4.87 | |
| 1.53 | 2.04 | 0.99 | 1.92 | 1.28 | 0.85 | 0.71 | 1.53 | 1.34 | 1.54 | 1.91 | 1.85 | 2.69 | |
| Total Liabilities | 7.41 | 8.87 | 8.05 | 7.89 | 7.37 | 7.91 | 7.69 | 7.59 | 7.56 | 8.46 | 8.41 | 7.84 | 8.63 |
| 0.62 | 0.50 | 0.42 | 0.27 | 0.25 | 0.42 | 0.38 | 0.42 | 0.38 | 0.37 | 0.48 | 0.53 | 0.52 | |
| CWIP | 0.04 | 0.01 | 0.03 | 0.03 | 0.03 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.08 | 0.06 | 0.06 |
| Investments | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 6.70 | 8.31 | 7.55 | 7.54 | 7.04 | 7.44 | 7.26 | 7.11 | 7.12 | 8.03 | 7.85 | 7.25 | 8.05 | |
| Total Assets | 7.41 | 8.87 | 8.05 | 7.89 | 7.37 | 7.91 | 7.69 | 7.59 | 7.56 | 8.46 | 8.41 | 7.84 | 8.63 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.51 | -1.36 | 0.48 | 2.01 | 0.49 | -0.07 | -0.54 | 0.32 | -0.04 | -0.04 | 0.87 | 1.04 | |
| 2.75 | 0.65 | 0.02 | 0.02 | -0.04 | -0.24 | 0.00 | -0.06 | 0.01 | 0.01 | -0.18 | -0.15 | |
| -2.26 | 0.71 | -0.28 | -2.19 | -0.33 | 0.19 | 0.56 | -0.25 | -0.04 | -0.04 | -0.70 | -0.86 | |
| Net Cash Flow | -0.02 | 0.00 | 0.22 | -0.16 | 0.12 | -0.12 | 0.02 | 0.01 | -0.07 | -0.07 | -0.01 | 0.04 |
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 | 240.30 | 514.87 | 54.01 | 72.51 | 54.21 | 121.67 | 117.75 | 111.55 | 100.30 | 112.71 | 77.39 | 67.91 |
| Inventory Days | 220.49 | 453.78 | 122.17 | 135.94 | 166.99 | 167.07 | 118.00 | 138.51 | 109.31 | 111.80 | 91.53 | 87.78 |
| Days Payable | 21.18 | 138.11 | 43.47 | 65.80 | 63.36 | 31.44 | 19.81 | 55.95 | 38.98 | 49.86 | 38.51 | 36.11 |
| Cash Conversion Cycle | 439.61 | 830.54 | 132.70 | 142.65 | 157.84 | 257.30 | 215.94 | 194.11 | 170.63 | 174.64 | 130.41 | 119.57 |
| Working Capital Days | 283.03 | 560.79 | 101.49 | 98.87 | 105.45 | 211.80 | 205.31 | 186.03 | 157.78 | 178.31 | 121.31 | 108.86 |
| ROCE % | -24.21% | -6.14% | 1.15% | -3.07% | 8.46% | 8.06% | -9.12% | -9.82% | 3.26% | 6.39% | 4.32% | 5.44% |
Documents
Announcements
-
Compliances- Certificate U/R 40(9) For 31.03.2024
10h - Submission of Certificate from PCS received in accordance with regulation 40(9) for year ended 31.03.2024
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - ADARSH PLANT PROTECT LIMITED - Submission of Compliance- Certificate under Regulation 74 (5) of SEBI (Depositories and Participants) Regulation, 2018 for the Quarter ended 31st …
- Submission Of Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024. 6 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 5 Apr
-
Declaration Under Regulation 31(4) Of SEBI (SAST) Regulations, 2011
5 Apr - Promoters has not made any encumbrance directly or indirectly during the financial year ended March 31st, 2024.
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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Financial Year 2009
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Business Segments:[1]
a) Barrel and Industrial packaging:
This segment caters to packing needs of chemical, oil, lubricants and pharmaceutical sectors
b) Agriculture - Plant Protection equipment:
Company manufactures equipment that help farmers in various plant protection activities by handling fertilizers, pesticides and seed cleaning processes
c) Eco Friendly:
Company manufactures environment friendly smokeless chulha to help in reducing smoke and carbon emissions