Thirdwave Financial Intermediaries Ltd
₹ 119
1.97%
14 Jun
- close price
About
Incorporated in 1989, Thirdwave Financial Intermediaries Ltd deals in food and beverage processing and other allied services[1]
Key Points
- Market Cap ₹ 26.4 Cr.
- Current Price ₹ 119
- High / Low ₹ 134 / 31.8
- Stock P/E 659
- Book Value ₹ 6.30
- Dividend Yield 0.00 %
- ROCE 3.64 %
- ROE 2.91 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 19.0 times its book value
- The company has delivered a poor sales growth of 8.45% over past five years.
- Company has a low return on equity of 0.24% over last 3 years.
- Debtor days have increased from 38.1 to 62.3 days.
* 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
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.05 | 0.04 | 0.06 | 0.06 | 0.40 | 2.20 | 0.82 | 4.90 | 1.03 | 1.83 | 1.41 | 1.23 | |
0.14 | 0.05 | 0.06 | 0.06 | 0.35 | 1.88 | 0.84 | 4.28 | 1.21 | 1.86 | 1.60 | 1.39 | |
Operating Profit | -0.09 | -0.01 | 0.00 | 0.00 | 0.05 | 0.32 | -0.02 | 0.62 | -0.18 | -0.03 | -0.19 | -0.16 |
OPM % | -180.00% | -25.00% | 0.00% | 0.00% | 12.50% | 14.55% | -2.44% | 12.65% | -17.48% | -1.64% | -13.48% | -13.01% |
0.00 | 0.00 | 0.00 | 0.00 | -0.01 | 0.01 | 0.01 | 0.09 | 0.10 | 0.10 | 0.10 | 0.21 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 | 0.07 | 0.02 | 0.00 | 0.00 | 0.00 | 0.01 |
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 |
Profit before tax | -0.09 | -0.01 | 0.00 | 0.00 | 0.04 | 0.21 | -0.08 | 0.69 | -0.08 | 0.07 | -0.09 | 0.04 |
Tax % | 0.00% | 0.00% | 25.00% | 19.05% | 0.00% | 17.39% | 0.00% | 14.29% | 0.00% | 0.00% | ||
-0.09 | -0.02 | 0.00 | 0.00 | 0.03 | 0.17 | -0.08 | 0.58 | -0.08 | 0.06 | -0.09 | 0.04 | |
EPS in Rs | -0.41 | -0.09 | 0.00 | 0.00 | 0.14 | 0.77 | -0.36 | 2.63 | -0.36 | 0.27 | -0.41 | 0.18 |
Dividend Payout % | 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: | 41% |
5 Years: | 8% |
3 Years: | 6% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 20% |
3 Years: | 36% |
TTM: | 144% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 49% |
1 Year: | 275% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 8% |
3 Years: | 0% |
Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2.21 | 2.21 | 2.21 | 2.21 | 2.21 | 2.21 | 2.83 | 2.83 | 2.83 | 2.83 | 2.83 | 2.83 |
Reserves | -1.27 | -1.29 | -1.29 | -1.29 | -1.25 | -1.09 | -1.95 | -1.37 | -1.45 | -1.39 | -1.48 | -1.44 |
0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.87 | 0.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.05 | 0.01 | 0.13 | 0.02 | 0.01 | 0.01 | 0.01 | |
Total Liabilities | 0.98 | 0.92 | 0.92 | 0.93 | 0.97 | 2.04 | 1.64 | 1.59 | 1.40 | 1.45 | 1.36 | 1.40 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
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 |
Investments | 0.55 | 0.55 | 0.55 | 0.55 | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
0.43 | 0.37 | 0.37 | 0.38 | 0.81 | 2.04 | 1.64 | 1.59 | 1.40 | 1.45 | 1.36 | 1.40 | |
Total Assets | 0.98 | 0.92 | 0.92 | 0.93 | 0.97 | 2.04 | 1.64 | 1.59 | 1.40 | 1.45 | 1.36 | 1.40 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.06 | -0.02 | 0.02 | -0.03 | -0.03 | -1.47 | 0.10 | 2.16 | -0.54 | -0.91 | 1.28 | -1.30 | |
0.00 | 0.17 | 0.00 | 0.03 | 0.03 | 0.68 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.04 | -0.15 | 0.00 | 0.00 | 0.00 | 0.87 | -0.20 | -0.67 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | -0.02 | 0.00 | 0.02 | 0.00 | 0.00 | 0.09 | -0.10 | 1.49 | -0.54 | -0.91 | 1.28 | -1.30 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 91.25 | 121.67 | 182.50 | 63.88 | 14.93 | 0.00 | 0.00 | 7.09 | 13.96 | 0.00 | 62.32 |
Inventory Days | 194.67 | 365.00 | 840.61 | 0.00 | 138.70 | 120.16 | 0.00 | 0.00 | ||||
Days Payable | 0.00 | 0.00 | 0.00 | 3.65 | 0.00 | |||||||
Cash Conversion Cycle | 0.00 | 91.25 | 121.67 | 182.50 | 258.54 | 379.93 | 840.61 | 0.00 | 142.14 | 134.12 | 0.00 | 62.32 |
Working Capital Days | 2,628.00 | 1,733.75 | 1,034.17 | 973.33 | 209.88 | 310.25 | 681.04 | -2.98 | 141.75 | 123.66 | 5.18 | 62.32 |
ROCE % | -9.00% | -1.05% | 0.00% | 0.00% | 5.32% | 21.69% | -1.10% | 45.95% | -5.63% | 4.96% | -6.45% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
31 May - Copy of newspaper publications with respect to the Audited Financial Results of the Company for the quarter and year ended 31st March, 2024.
- Non-Applicability Of Regulation 23(9) Of The SEBI (LODR) Regulations 2015 30 May
- Board Meeting Outcome for Outcome Of Board Meeting Held On 30Th May, 2024 30 May
- Audited Financial Results Of The Company For The Quarter And Year Ended 31St March, 2024. 30 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Copy of non-applicability certificate of Annual Secretarial Compliance Report for the financial year ended 31st March, 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 Overview:[1][2]
Company was operating as a non-banking financial company but later it ventured in the Food and Beverage processing industry and other allied services. Company plans to setup food kiosks in high footfall areas and plans to become a franchisor