Budge Budge Company Ltd

Budge Budge Company Ltd

₹ 12.1 4.94%
23 Aug 2022
About

Budge Budge Company is engaged in manufacturing and selling of jute products. The Company caters to the domestic market only. The quality management system of Budge Budge Jute Mills has been assessed and found to meet the requirements of ISO 9001:2008.

  • Market Cap 7.74 Cr.
  • Current Price 12.1
  • High / Low /
  • Stock P/E
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 15.2 %
  • ROE 1.11 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Promoter holding has increased by 22.8% over last quarter.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.06% over past five years.
  • Company has a low return on equity of -28.6% over last 3 years.
  • Contingent liabilities of Rs.12.4 Cr.
  • Earnings include an other income of Rs.7.49 Cr.
  • 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
53.83 61.27 58.61 53.77 19.78 51.10 62.62 72.18 19.85 55.68 76.67 69.51 73.77
53.07 60.92 57.88 55.67 21.12 54.72 64.75 74.96 20.03 52.15 76.93 68.43 75.83
Operating Profit 0.76 0.35 0.73 -1.90 -1.34 -3.62 -2.13 -2.78 -0.18 3.53 -0.26 1.08 -2.06
OPM % 1.41% 0.57% 1.25% -3.53% -6.77% -7.08% -3.40% -3.85% -0.91% 6.34% -0.34% 1.55% -2.79%
1.03 1.04 1.57 1.13 1.06 1.12 0.29 1.41 0.52 0.25 0.23 5.60 1.41
Interest 1.24 1.26 1.14 1.14 1.01 2.00 1.83 0.72 0.74 2.12 2.20 1.49 1.48
Depreciation 1.20 1.24 1.21 1.22 1.21 1.23 1.23 1.25 1.24 1.23 1.24 1.22 1.26
Profit before tax -0.65 -1.11 -0.05 -3.13 -2.50 -5.73 -4.90 -3.34 -1.64 0.43 -3.47 3.97 -3.39
Tax % 98.46% 22.52% 240.00% -28.75% -30.00% 9.77% 7.14% 8.98% -6.10% -67.44% 10.95% -7.56% 3.83%
-0.02 -0.86 0.07 -4.03 -3.25 -5.17 -4.55 -3.04 -1.74 0.72 -3.09 4.28 -3.25
EPS in Rs -0.03 -1.35 0.11 -6.31 -5.09 -8.10 -7.13 -4.76 -2.73 1.13 -4.84 6.71 -5.09
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
146 137 170 165 149 212 221 200 193 227 205 222 276
144 132 161 159 148 207 216 193 193 228 216 218 273
Operating Profit 2 6 9 6 1 4 5 7 0 -0 -11 4 2
OPM % 1% 4% 5% 4% 1% 2% 2% 3% 0% -0% -5% 2% 1%
2 2 1 2 3 2 2 3 5 5 5 7 7
Interest 1 2 3 2 3 3 3 5 6 5 6 7 7
Depreciation 1 1 1 2 1 2 4 5 5 5 5 5 5
Profit before tax 2 5 6 4 -0 2 -0 1 -5 -5 -16 -1 -2
Tax % 0% 18% 32% 29% -35% 11% -343% -18% 41% 2% 3% 124%
2 4 4 3 -1 2 -1 1 -3 -5 -16 0 -1
EPS in Rs 2.52 6.19 6.82 4.12 -1.02 2.63 -1.96 1.65 -5.03 -7.57 -25.09 0.27 -2.09
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 5%
5 Years: 0%
3 Years: 5%
TTM: 34%
Compounded Profit Growth
10 Years: -26%
5 Years: 16%
3 Years: 27%
TTM: 91%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: -4%
5 Years: -15%
3 Years: -29%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity Capital 6 6 6 6 6 6 6 6 6 6 6 6
Reserves 42 43 45 45 41 41 32 33 30 25 9 9
Preference Capital 0 0 0 0 0 0 0 0 0 0 0
18 13 13 21 16 18 26 27 30 26 24 22
36 49 54 53 51 72 73 64 60 74 80 93
Total Liabilities 102 111 119 125 115 137 138 130 126 131 119 130
58 58 61 65 66 64 67 69 71 68 64 62
CWIP 0 0 2 2 0 0 1 0 0 0 1 3
Investments 4 3 2 1 4 4 4 1 1 0 0 0
41 50 54 57 45 69 66 60 54 63 55 65
Total Assets 102 111 119 125 115 137 138 130 126 131 119 130

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-2 2 10 4 14 0 -0 8 1 6 5 10
-1 -1 -7 -6 -4 -1 -5 -5 0 2 2 -1
3 -1 -3 3 -8 -1 6 -4 -3 -8 -7 -9
Net Cash Flow 0 0 1 0 1 -1 1 -2 -2 -0 0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 18 12 9 16 17 26 17 21 22 33 24 37
Inventory Days 66 117 104 111 68 79 87 91 87 69 63 53
Days Payable 105 149 125 143 146 142 130 131 130 139 149 170
Cash Conversion Cycle -21 -20 -11 -17 -61 -37 -26 -18 -20 -37 -62 -79
Working Capital Days 10 0 -6 -1 -30 -14 -10 -6 -12 -18 -47 -44
ROCE % 4% 9% 15% 8% 4% 7% 4% 9% 0% -0% -22%

Shareholding Pattern

Numbers in percentages

Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022
73.87% 73.87% 73.87% 73.87% 73.87% 73.87% 73.87% 73.87% 73.87% 73.87% 73.87% 96.65%
0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85%
25.27% 25.27% 25.27% 25.27% 25.27% 25.27% 25.27% 25.27% 25.27% 25.27% 25.27% 2.50%
No. of Shareholders 465467467467468467465466466463462457

* 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.

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