Fortune International Ltd
Incorporated in 1981, Fortune International Limited is a Govt. of India recognized Star Trading House, engaged in procuring, trading and exporting product groups including engineering goods and commodities.
- Market Cap ₹ 40.8 Cr.
- Current Price ₹ 58.0
- High / Low ₹ 78.8 / 28.0
- Stock P/E 6.88
- Book Value ₹ 51.8
- Dividend Yield 0.00 %
- ROCE -0.51 %
- ROE 23.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.12 times its book value
- Company has delivered good profit growth of 22.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.3%
- Promoter holding has increased by 4.63% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 2.13 | 0.00 | 3.82 | 2.08 | 0.00 | 0.00 | |
| 0.10 | 0.08 | 0.09 | 4.60 | 0.42 | 0.44 | 0.18 | 0.21 | |
| Operating Profit | -0.10 | -0.08 | 2.04 | -4.60 | 3.40 | 1.64 | -0.18 | -0.21 |
| OPM % | 95.77% | 89.01% | 78.85% | |||||
| 0.04 | 0.18 | 0.00 | 0.00 | 0.00 | 0.19 | 0.02 | 0.03 | |
| Interest | 0.25 | 0.27 | 0.26 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Profit before tax | -0.31 | -0.17 | 1.78 | -4.60 | 3.40 | 1.83 | -0.16 | -0.20 |
| Tax % | 0.00% | 0.00% | 21.91% | 0.00% | 0.00% | 20.77% | -181.25% | |
| -0.31 | 2.63 | 7.75 | -0.63 | 11.28 | 6.53 | 7.15 | 5.93 | |
| EPS in Rs | -0.44 | 3.74 | 11.01 | -0.89 | 16.02 | 9.28 | 10.16 | 8.42 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 137% |
| TTM: | -6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 41% |
| 3 Years: | 81% |
| 1 Year: | 99% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | 36% |
| Last Year: | 23% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.04 | 7.04 | 7.04 | 7.04 | 7.04 | 7.04 | 7.04 | 7.04 |
| Reserves | -7.73 | -5.10 | 2.64 | 1.97 | 13.34 | 19.87 | 27.04 | 29.43 |
| 9.14 | 9.25 | 7.85 | 7.67 | 6.42 | 1.13 | 0.43 | 0.43 | |
| 0.01 | 0.02 | 0.09 | 0.00 | 0.57 | 0.13 | 0.03 | 0.04 | |
| Total Liabilities | 8.46 | 11.21 | 17.62 | 16.68 | 27.37 | 28.17 | 34.54 | 36.94 |
| 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 3.70 | 6.51 | 12.67 | 16.24 | 24.22 | 27.49 | 34.21 | 36.01 |
| 4.74 | 4.68 | 4.93 | 0.42 | 3.13 | 0.66 | 0.31 | 0.93 | |
| Total Assets | 8.46 | 11.21 | 17.62 | 16.68 | 27.37 | 28.17 | 34.54 | 36.94 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|
| -0.09 | -0.09 | 1.75 | -0.18 | 1.39 | 3.40 | -0.29 | |
| -3.66 | 0.18 | 0.18 | 0.36 | 0.00 | 1.80 | 0.90 | |
| 3.81 | -0.16 | -1.67 | -0.18 | -1.25 | 0.00 | -0.70 | |
| Net Cash Flow | 0.06 | -0.06 | 0.26 | 0.00 | 0.14 | 5.20 | -0.09 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 774.55 | 235.05 | 0.00 | ||||
| Inventory Days | 0.00 | 0.00 | |||||
| Days Payable | |||||||
| Cash Conversion Cycle | 774.55 | 235.05 | 0.00 | ||||
| Working Capital Days | 757.42 | 193.01 | -10.53 | ||||
| ROCE % | 1.02% | 14.21% | -26.89% | 15.64% | 6.67% | -0.51% |
Documents
Announcements
- Compliance Certificate Under Regulation 7(3) Of SEBI Listing Obligation & Disclosure Regulations 2015 For The Year Ended March 31, 2024 30 Apr
- Submission Of Compliance Certificate As per Regulation 40(9) Of The SEBI (LODR) Regulations, 2015 For The Half Year Ended March 31, 2024 30 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
30 Apr - Enclosing certificate under reg 74(5) of SEBI (DP), 2018 dated 01st april, 2024 for the quarter ended 31st March, 2024 received from Purva sharegistry Pvt …
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1 Apr
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1 Apr
Annual reports
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Financial Year 2023
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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 Overview:[1]
Company acts as Trading House, Agents, business consultants, advisors, and to engage in dissemination of information in all aspects
of business, organization and industry and
to advise upon the means and methods for extending and developing systems or processes relating to various activities of business which includes export, production, storage, distribution, marketing and securing of orders for sale of goods in India and abroad and/or relating to rendering of such services.