Arfin India Ltd

Arfin India Ltd

₹ 49.4 -0.80%
07 May - close price
About

Arfin India Limited is engaged in the business of manufacturing, trading and selling of various non-ferrous metal products in the domestic and international market. [1]

Key Points

Product Portfolio
The Co’s product line includes Aluminium Wire Rods, Aluminium Deox, Cored Wire, Aluminium Alloy Ingots, Ferro Alloys, and Conductors & Cables. The Co covers supply to the Steel, Automobile, and Power Sectors through its portfolio of products. [1]

  • Market Cap 785 Cr.
  • Current Price 49.4
  • High / Low 62.7 / 20.5
  • Stock P/E 90.9
  • Book Value 5.80
  • Dividend Yield 0.00 %
  • ROCE 13.0 %
  • ROE 12.4 %
  • Face Value 1.00

Pros

Cons

  • Stock is trading at 8.52 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -4.30%
  • The company has delivered a poor sales growth of 3.14% over past five years.
  • Company has a low return on equity of 10.1% over last 3 years.

* 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

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
80.72 105.65 99.29 132.33 135.61 158.87 146.05 125.90 120.27 151.89 148.70 134.22 115.44
76.83 100.82 94.27 126.15 129.35 152.36 139.59 119.26 113.74 145.07 141.12 127.11 108.19
Operating Profit 3.89 4.83 5.02 6.18 6.26 6.51 6.46 6.64 6.53 6.82 7.58 7.11 7.25
OPM % 4.82% 4.57% 5.06% 4.67% 4.62% 4.10% 4.42% 5.27% 5.43% 4.49% 5.10% 5.30% 6.28%
0.07 0.60 0.05 0.12 0.25 1.09 0.27 0.54 0.22 1.45 0.61 0.71 0.47
Interest 2.49 2.70 2.99 2.94 2.94 3.49 3.05 3.53 3.47 4.34 4.34 4.22 4.66
Depreciation 0.69 0.72 0.82 0.83 0.83 0.84 0.89 0.89 0.89 0.88 0.93 0.96 0.93
Profit before tax 0.78 2.01 1.26 2.53 2.74 3.27 2.79 2.76 2.39 3.05 2.92 2.64 2.13
Tax % -62.82% 16.92% 12.70% 6.32% 5.84% 4.28% 1.79% 5.43% 0.42% 15.08% 20.89% 34.09% 7.04%
1.27 1.67 1.10 2.37 2.58 3.14 2.74 2.61 2.38 2.59 2.32 1.74 1.99
EPS in Rs 0.08 0.11 0.07 0.15 0.16 0.20 0.17 0.16 0.15 0.16 0.15 0.11 0.13
Raw PDF
Upcoming result date: 20 May 2024

Profit & Loss

Figures in Rs. Crores

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
18 186 213 250 286 363 466 413 359 303 526 544 550
17 181 207 238 271 336 421 390 364 287 502 518 521
Operating Profit 0 5 6 12 15 27 45 23 -6 16 24 26 29
OPM % 2% 3% 3% 5% 5% 8% 10% 6% -2% 5% 5% 5% 5%
0 1 0 1 1 0 1 0 2 2 2 2 3
Interest 0 1 2 5 5 6 10 12 14 11 12 14 18
Depreciation 0 0 0 1 1 1 2 2 3 3 3 4 4
Profit before tax 0 4 4 7 10 20 34 10 -21 5 10 11 11
Tax % 33% 30% 34% 34% 34% 36% 36% 34% -5% 12% 6% 6%
0 3 3 5 7 13 22 7 -22 4 9 10 9
EPS in Rs 0.01 0.28 0.24 0.43 0.61 0.89 1.37 0.41 -1.36 0.25 0.58 0.65 0.55
Dividend Payout % 0% 0% 0% 6% 7% 6% 12% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 11%
5 Years: 3%
3 Years: 15%
TTM: 0%
Compounded Profit Growth
10 Years: 14%
5 Years: -14%
3 Years: 35%
TTM: -21%
Stock Price CAGR
10 Years: %
5 Years: 24%
3 Years: 105%
1 Year: 115%
Return on Equity
10 Years: 11%
5 Years: 2%
3 Years: 10%
Last Year: 12%

Balance Sheet

Figures in Rs. Crores

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 2 2 3 3 3 4 13 16 16 16 16 16 16
Reserves 1 4 10 15 21 51 69 70 49 52 62 72 76
6 26 34 34 44 62 95 114 109 109 112 112 114
6 22 28 38 51 44 35 24 25 53 58 67 92
Total Liabilities 15 54 75 90 119 160 213 224 199 230 247 267 299
4 8 9 12 14 21 30 38 46 61 62 65 66
CWIP 0 0 0 2 4 0 10 17 13 0 0 1 0
Investments 2 0 0 0 0 4 4 5 5 0 0 0 0
10 46 66 76 101 135 168 164 135 168 185 201 233
Total Assets 15 54 75 90 119 160 213 224 199 230 247 267 299

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-3 -14 -12 6 -2 -22 -10 13 23 11 11 29
-2 -2 -1 -5 -4 -7 -20 -17 -6 0 -3 -8
5 20 12 1 6 29 30 4 -18 -12 -8 -14
Net Cash Flow 0 4 -2 2 0 0 -0 -0 0 -0 0 7

Ratios

Figures in Rs. Crores

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 47 55 60 34 42 59 59 44 32 51 51 38
Inventory Days 136 30 58 75 95 92 79 114 121 165 83 88
Days Payable 148 50 58 60 71 46 21 21 23 71 43 49
Cash Conversion Cycle 36 35 61 48 66 105 117 138 129 145 91 77
Working Capital Days 56 38 60 50 58 88 101 120 109 140 89 84
ROCE % 5% 24% 15% 24% 25% 29% 30% 12% -4% 8% 12% 13%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Apr 2024
74.11% 74.11% 74.11% 74.11% 74.11% 74.11% 74.11% 74.11% 74.11% 74.09% 74.09% 69.79%
1.78% 1.78% 1.78% 1.90% 0.00% 0.00% 0.00% 0.00% 0.95% 2.56% 2.56% 2.41%
0.00% 0.00% 0.04% 0.04% 0.04% 0.04% 0.04% 0.08% 0.08% 0.08% 0.08% 0.07%
24.11% 24.11% 24.07% 23.95% 25.85% 25.85% 25.86% 25.80% 24.86% 23.27% 23.26% 27.73%
No. of Shareholders 2,0262,5792,3702,3473,9535,3825,2135,1555,4005,6336,2816,418

* 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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