Agarwal Fortune India Ltd

Agarwal Fortune India Ltd

₹ 25.5 1.31%
18 Apr - close price
About

Devki Leasing & Finance is engaged in Business of Interest on Loan.(Source : 201903 Annual Report Page No: 22)

  • Market Cap 8.95 Cr.
  • Current Price 25.5
  • High / Low 44.6 / 7.49
  • Stock P/E
  • Book Value 1.23
  • Dividend Yield 0.00 %
  • ROCE 21.0 %
  • ROE 18.5 %
  • Face Value 10.0

Pros

  • Promoter holding has increased by 1.04% over last quarter.
  • Company's working capital requirements have reduced from 67.5 days to 13.4 days

Cons

  • Stock is trading at 20.8 times its book value
  • Company has a low return on equity of -29.2% over last 3 years.
  • Contingent liabilities of Rs.222 Cr.
  • 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: Trading Industry: Trading

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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
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.26 2.67 1.32 2.09 2.13
0.04 0.06 0.03 0.06 0.07 0.31 0.02 0.04 2.31 2.72 1.39 2.08 2.13
Operating Profit -0.04 -0.06 -0.03 -0.06 -0.07 -0.31 -0.02 -0.04 -0.05 -0.05 -0.07 0.01 0.00
OPM % -2.21% -1.87% -5.30% 0.48% 0.00%
0.04 0.05 0.08 0.00 0.14 0.00 0.00 0.00 0.26 0.00 0.13 0.00 0.01
Interest 0.02 0.01 0.02 0.01 0.02 0.01 0.00 0.00 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 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.02 -0.02 0.03 -0.07 0.05 -0.32 -0.02 -0.04 0.21 -0.05 0.06 0.01 0.01
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -60.00% 0.00% 0.00% 0.00%
-0.02 -0.02 0.03 -0.07 0.05 -0.32 -0.02 -0.04 0.21 -0.08 0.06 0.01 0.01
EPS in Rs -0.06 -0.06 0.09 -0.20 0.14 -0.91 -0.06 -0.11 0.60 -0.23 0.17 0.03 0.03
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
0.14 0.11 0.08 0.19 0.05 0.03 0.06 0.00 0.00 0.09 0.22 5.18 8.21
0.21 0.19 0.13 0.40 0.15 0.17 0.17 0.17 0.24 0.16 0.49 5.10 8.32
Operating Profit -0.07 -0.08 -0.05 -0.21 -0.10 -0.14 -0.11 -0.17 -0.24 -0.07 -0.27 0.08 -0.11
OPM % -50.00% -72.73% -62.50% -110.53% -200.00% -466.67% -183.33% -77.78% -122.73% 1.54% -1.34%
0.00 0.00 0.00 0.00 0.00 0.00 -0.84 1.09 0.00 0.01 0.00 0.00 0.14
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07 0.12 0.11 0.05 0.00 0.00
Depreciation 0.02 0.02 0.02 0.03 0.00 0.00 0.02 0.02 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.09 -0.10 -0.07 -0.24 -0.10 -0.14 -0.97 0.83 -0.36 -0.17 -0.32 0.08 0.03
Tax % 0.00% 0.00% 14.29% 4.17% 0.00% 0.00% 0.00% 1.20% 0.00% 0.00% 0.00% 25.00%
-0.09 -0.10 -0.07 -0.23 -0.10 -0.15 -0.97 0.82 -0.36 -0.17 -0.32 0.06 -0.00
EPS in Rs -0.26 -0.28 -0.20 -0.66 -0.28 -0.43 -2.76 2.34 -1.03 -0.48 -0.91 0.17 0.00
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: 47%
5 Years: 144%
3 Years: %
TTM: 263%
Compounded Profit Growth
10 Years: 10%
5 Years: 20%
3 Years: 29%
TTM: 100%
Stock Price CAGR
10 Years: 33%
5 Years: 86%
3 Years: 134%
1 Year: 240%
Return on Equity
10 Years: -8%
5 Years: -3%
3 Years: -29%
Last Year: 18%

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 3.51 3.51 3.51 3.45 3.45 3.45 3.45 3.45 3.45 3.45 3.45 3.45 3.45
Reserves -1.50 -1.61 -1.68 -1.91 -2.01 -2.16 -3.13 -2.30 -2.67 -2.84 -3.15 -3.10 -3.02
2.65 2.65 2.63 2.63 2.63 2.63 2.63 0.72 1.01 0.48 0.00 0.11 0.13
0.03 0.03 0.05 0.03 0.03 0.04 0.02 0.02 0.14 0.05 0.00 0.04 0.23
Total Liabilities 4.69 4.58 4.51 4.20 4.10 3.96 2.97 1.89 1.93 1.14 0.30 0.50 0.79
0.14 0.12 0.09 0.06 0.06 0.05 0.04 0.02 0.02 0.02 0.02 0.03 0.03
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 3.69 3.69 3.69 3.61 3.61 3.61 2.65 1.86 1.86 1.03 0.00 0.00 0.00
0.86 0.77 0.73 0.53 0.43 0.30 0.28 0.01 0.05 0.09 0.28 0.47 0.76
Total Assets 4.69 4.58 4.51 4.20 4.10 3.96 2.97 1.89 1.93 1.14 0.30 0.50 0.79

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
-0.01 -0.10 -0.19 -0.17 0.12 -0.17 -0.11 0.03 -0.31 -0.21 -0.44 -0.14
0.01 0.00 0.00 0.12 0.00 0.00 0.16 0.92 0.14 0.86 1.24 -0.01
0.00 0.00 -0.01 0.00 0.00 0.00 0.00 -1.03 0.17 -0.65 -0.53 0.11
Net Cash Flow 0.00 -0.10 -0.20 -0.06 0.12 -0.17 0.05 -0.07 0.00 0.00 0.27 -0.04

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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 40.56 0.00 13.39
Inventory Days 0.00 0.00 1.63
Days Payable -3.27
Cash Conversion Cycle 0.00 0.00 0.00 0.00 0.00 0.00 0.00 40.56 0.00 18.29
Working Capital Days 677.86 1,128.18 2,235.62 76.84 365.00 2,676.67 1,034.17 121.67 0.00 13.39
ROCE % -1.92% -2.17% -1.55% -5.56% -2.43% -3.50% -3.49% 31.54% -13.11% -4.17% -38.85% 21.05%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
47.34% 47.34% 47.34% 48.28% 48.28% 48.28% 48.28% 48.28% 48.28% 48.28% 48.28% 49.32%
52.66% 52.66% 52.66% 51.72% 51.72% 51.72% 51.72% 51.72% 51.72% 51.72% 51.72% 50.68%
No. of Shareholders 1,6851,6821,7001,6751,6671,6651,6561,6501,6401,8081,9072,000

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