Freshtrop Fruits Ltd

Freshtrop Fruits Ltd

₹ 166 1.22%
18 Apr - close price
About

Freshtrop Fruits Limited is engaged in the business of exports of fresh fruits and vegetables to supermarket chains in the International and Domestic Markets. [1]

Key Points

Products
The Co supplies Fresh Produce of Grapes & Pomegranates, Fresh cut of Pomegranate Arils & Coconut Chunks and Fruit Pulps of various fruits in Frozen, Aseptic & organic forms. The Co is a leading and consistent supplier of grapes and pomegranates from India to supermarkets mainly in Europe.[1][2]

  • Market Cap 165 Cr.
  • Current Price 166
  • High / Low 285 / 91.1
  • Stock P/E 10.7
  • Book Value 96.4
  • Dividend Yield 0.00 %
  • ROCE 11.4 %
  • ROE 9.79 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company's working capital requirements have reduced from 99.9 days to 79.4 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 6.98% over past five years.
  • Company has a low return on equity of 10.1% over last 3 years.
  • Earnings include an other income of Rs.56.0 Cr.

* 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: Food - Processing - Indian

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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
11 55 77 20 13 64 106 29 32 77 106 17 24
12 50 71 19 14 59 103 31 27 66 89 17 28
Operating Profit -0 6 6 1 -0 5 3 -1 5 11 17 1 -4
OPM % -4% 10% 8% 3% -3% 7% 3% -4% 15% 14% 16% 3% -17%
0 2 3 0 0 1 0 0 -1 1 3 0 52
Interest 0 0 0 0 0 0 1 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax -2 6 7 -1 -1 5 1 -3 3 10 18 -0 47
Tax % 34% 28% 29% 49% 34% 32% -8% 33% 35% 28% 27% 84% -0%
-1 4 5 -0 -1 3 1 -2 2 7 13 -0 47
EPS in Rs -0.92 3.81 4.97 -0.25 -0.73 2.90 1.32 -1.79 1.95 6.95 13.10 -0.06 47.75
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
61 91 114 120 119 141 176 171 165 147 174 246 224
56 83 102 104 104 125 158 152 154 131 163 230 200
Operating Profit 5 8 11 17 15 15 17 20 11 15 11 16 24
OPM % 8% 9% 10% 14% 13% 11% 10% 12% 7% 11% 7% 7% 11%
1 2 1 2 3 3 1 5 2 4 5 1 56
Interest 3 2 2 2 1 1 1 1 1 1 1 2 1
Depreciation 2 2 2 4 4 4 4 5 5 5 5 5 5
Profit before tax 1 5 8 12 13 14 13 18 6 13 10 11 74
Tax % 29% 33% 31% 39% 36% 34% 38% 23% 23% 27% 29% 23%
1 4 6 8 8 9 8 14 5 9 7 8 67
EPS in Rs 0.49 3.04 4.65 6.25 6.63 7.35 6.83 11.31 4.15 8.69 6.89 8.55 67.74
Dividend Payout % 0% 33% 22% 16% 15% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 7%
3 Years: 14%
TTM: -3%
Compounded Profit Growth
10 Years: 9%
5 Years: -1%
3 Years: 21%
TTM: 193%
Stock Price CAGR
10 Years: 20%
5 Years: 1%
3 Years: 29%
1 Year: 58%
Return on Equity
10 Years: 13%
5 Years: 11%
3 Years: 10%
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 11 12 12 12 12 12 12 12 11 11 11 10 10
Reserves 23 25 22 28 34 43 50 65 61 67 73 73 86
24 23 25 26 24 26 41 39 33 31 24 21 10
22 39 50 26 41 49 54 56 57 45 61 63 14
Total Liabilities 80 98 109 92 111 130 158 172 162 155 169 167 119
41 41 37 42 40 38 58 56 55 52 51 48 49
CWIP 0 0 1 0 0 0 0 0 1 0 0 0 0
Investments 0 0 0 0 0 0 1 10 5 8 5 2 4
39 57 72 50 71 92 99 105 101 95 113 117 67
Total Assets 80 98 109 92 111 130 158 172 162 155 169 167 119

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 3 9 12 4 6 9 16 19 10 8 11
-1 -2 -6 -9 -2 -4 -23 -11 0 -3 -0 0
-1 -1 -1 -2 -3 2 12 -5 -21 -5 -6 -13
Net Cash Flow -0 -1 2 1 -1 5 -2 -0 -1 1 2 -1

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 58 63 56 33 77 86 104 84 72 82 72 57
Inventory Days 236 259 225 181 191 214 135 222 191 226 296 178
Days Payable 179 210 208 92 139 184 146 195 184 163 197 113
Cash Conversion Cycle 116 112 73 122 129 116 92 111 80 145 170 122
Working Capital Days 73 65 53 61 91 99 87 98 83 117 104 79
ROCE % 6% 13% 17% 25% 20% 19% 16% 17% 6% 12% 10% 11%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
57.27% 58.53% 58.53% 58.53% 58.53% 58.53% 58.52% 58.52% 63.22% 63.22% 63.22% 63.22%
2.02% 1.57% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.19% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 2.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
40.71% 39.90% 41.30% 39.21% 41.30% 41.30% 41.31% 41.31% 36.61% 36.79% 36.78% 36.79%
No. of Shareholders 6,1265,6767,1666,9216,4606,2196,3336,0985,6265,1054,9735,465

* 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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