Innocorp Ltd

Innocorp Ltd

₹ 5.65 16.26%
07 May - close price
About

Incorporated in 1994, Innocorp Ltd is in the business of manufacturing Plastic products[1]

Key Points

Business Overview:[1]
Company is a manufacturer of injection molded plastic products for house hold, kitchenware and industrial use. It is a contract manufacturer for Tupperware and manufactures injection molded plastics and processing of all grades of PP, PC, PE, Nylon and ABS

  • Market Cap 4.49 Cr.
  • Current Price 5.65
  • High / Low 7.60 / 4.61
  • Stock P/E 37.4
  • Book Value 22.7
  • Dividend Yield 0.00 %
  • ROCE 7.52 %
  • ROE 0.67 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.25 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding is low: 29.7%
  • Earnings include an other income of Rs.1.84 Cr.
  • Company has high debtors of 234 days.
  • Company's cost of borrowing seems high

* 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: Plastic products Industry: Plastics Products

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008
28.56 29.20 18.56
25.23 27.29 18.01
Operating Profit 3.33 1.91 0.55
OPM % 11.66% 6.54% 2.96%
0.58 0.56 1.84
Interest 0.68 1.52 1.84
Depreciation 0.51 0.52 0.41
Profit before tax 2.72 0.43 0.14
Tax % -6.62% 79.07% 14.29%
2.90 0.09 0.12
EPS in Rs 3.65 0.11 0.15
Dividend Payout % -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -36%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 33%
Stock Price CAGR
10 Years: 4%
5 Years: %
3 Years: 84%
1 Year: -16%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008
Equity Capital 7.94 7.94 7.94
Reserves 9.87 9.96 10.08
7.27 7.81 8.90
5.62 9.45 9.13
Total Liabilities 30.70 35.16 36.05
9.10 8.33 9.61
CWIP -0.00 -0.00 -0.00
Investments -0.00 -0.00 -0.00
21.60 26.83 26.44
Total Assets 30.70 35.16 36.05

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008
-1.00 -1.02
-3.02 0.50
4.04 0.54
Net Cash Flow 0.02 0.02

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008
Debtor Days 131.76 143.38 233.63
Inventory Days
Days Payable
Cash Conversion Cycle 131.76 143.38 233.63
Working Capital Days 188.89 205.25 294.20
ROCE % 7.68% 7.52%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
29.67% 29.67% 29.67% 29.67% 29.67% 29.67% 29.67% 29.67% 29.67% 29.67% 29.67% 29.67%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
70.32% 70.32% 70.32% 70.32% 70.32% 70.32% 70.33% 70.33% 70.33% 70.33% 70.33% 70.33%
No. of Shareholders 3,2163,2424,2135,5285,5155,3735,2135,1405,1285,4885,9475,975

* 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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