Indra Industries Ltd

About

Indra Industries is the leading manufacturer of Single Super Phosphate(SSP) fertilizer with a production capacity of 1,20,000 MT annually.

  • Market Cap 2.77 Cr.
  • Current Price 4.27
  • High / Low 11.0 / 3.95
  • Stock P/E
  • Book Value -8.45
  • Dividend Yield 0.00 %
  • ROCE -6.58 %
  • ROE %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -37.76% over past five years.
  • Promoter holding is low: 37.32%
  • Company has high debtors of 361.57 days.

Peer comparison

Sector: Fertilizers Industry: Fertilizers

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
2.94 2.71 3.22 1.47 5.30 0.93 0.00 0.26 1.26 1.69 0.91 1.98
3.57 4.23 3.65 1.74 6.36 2.17 -0.27 0.58 1.53 1.56 0.79 1.96
Operating Profit -0.63 -1.52 -0.43 -0.27 -1.06 -1.24 0.27 -0.32 -0.27 0.13 0.12 0.02
OPM % -21.43% -56.09% -13.35% -18.37% -20.00% -133.33% -123.08% -21.43% 7.69% 13.19% 1.01%
Other Income 0.04 3.26 0.01 0.00 0.01 8.19 0.05 0.02 0.00 -0.09 0.00 0.00
Interest 1.40 -1.02 0.65 0.59 0.69 0.22 0.47 0.44 0.42 -0.93 0.08 0.08
Depreciation 0.17 0.31 0.20 0.20 0.21 0.19 0.18 0.18 0.18 0.19 0.18 0.18
Profit before tax -2.16 2.45 -1.27 -1.06 -1.95 6.54 -0.33 -0.92 -0.87 0.78 -0.14 -0.24
Tax % 0.00% -90.20% 0.00% 0.00% 0.00% 12.54% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -2.16 4.67 -1.28 -1.06 -1.95 5.72 -0.32 -0.92 -0.86 0.79 -0.14 -0.24
EPS in Rs -3.33 7.21 -1.98 -1.64 -3.01 8.83 -0.49 -1.42 -1.33 1.22 -0.22 -0.37

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
41.90 33.74 34.16 33.33 32.06 8.72 10.24 3.19 5.84
37.73 32.50 31.12 30.09 30.41 17.36 13.21 3.35 5.84
Operating Profit 4.17 1.24 3.04 3.24 1.65 -8.64 -2.97 -0.16 -0.00
OPM % 9.95% 3.68% 8.90% 9.72% 5.15% -99.08% -29.00% -5.02% -0.00%
Other Income 0.23 0.43 2.05 0.22 0.79 3.79 8.21 -0.03 -0.09
Interest 3.19 4.05 4.02 3.11 3.24 3.28 2.17 0.41 -0.35
Depreciation 0.87 0.96 0.97 0.97 0.98 0.96 0.80 0.72 0.73
Profit before tax 0.34 -3.34 0.10 -0.62 -1.78 -9.09 2.27 -1.32 -0.47
Tax % -5.88% 31.74% 100.00% 4.84% 20.22% 24.31% 36.12% -150.00%
Net Profit 0.36 -2.29 0.01 -0.59 -1.42 -6.88 1.44 -3.29 -0.45
EPS in Rs 0.52 -3.54 0.02 -0.91 -2.19 -10.62 2.22 -5.08 -0.70
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -38%
3 Years: -54%
TTM: -10%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -118%
Stock Price CAGR
10 Years: %
5 Years: -17%
3 Years: -47%
1 Year: -23%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sep 2021
6.57 6.48 6.48 6.48 6.48 6.48 6.48 6.48 6.48
Reserves 1.21 -0.99 -0.83 -1.42 -2.84 -9.71 -8.27 -11.56 -11.94
Borrowings 25.06 24.76 19.60 25.36 27.99 27.79 18.11 16.73 9.40
8.47 11.39 13.36 11.45 10.49 9.80 9.18 10.47 17.47
Total Liabilities 41.31 41.64 38.61 41.87 42.12 34.36 25.50 22.12 21.41
14.33 13.62 12.67 11.78 10.81 9.81 6.59 6.04 5.68
CWIP 3.19 4.34 5.45 8.25 9.78 9.81 9.22 9.22 9.22
Investments 0.25 0.26 0.31 0.31 0.18 0.18 0.01 0.02 0.02
23.54 23.42 20.18 21.53 21.35 14.56 9.68 6.84 6.49
Total Assets 41.31 41.64 38.61 41.87 42.12 34.36 25.50 22.12 21.41

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
4.30 5.11 5.99 0.62 1.36 6.07 4.76 0.50
-2.86 -1.02 -1.19 -2.54 -1.17 2.71 6.66 -0.21
-1.10 -5.72 -4.60 1.56 -0.07 -8.59 -11.43 -1.39
Net Cash Flow 0.34 -1.64 0.20 -0.36 0.12 0.19 -0.01 -1.09

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 28.14 30.51 0.00 7.99 49.87 164.92 106.93 361.57
Inventory Days 198.97 264.29 231.06 283.10 202.46 115.88 89.23 580.04
Days Payable 76.28 79.56 44.89 93.07 89.40 236.60 383.99 2,620.08
Cash Conversion Cycle 150.82 215.24 186.17 198.02 162.92 44.20 -187.82 -1,678.47
Working Capital Days 114.20 162.38 132.81 134.26 128.19 24.28 -98.02 -437.08
ROCE % 1.59% 14.85% 8.95% 4.25% -29.83% 4.40% -6.58%

Shareholding Pattern

Numbers in percentages

Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
37.32 37.32 37.32 37.32 37.32 37.32 37.32 37.32 37.32 37.32 37.32 37.32
62.68 62.68 62.68 62.68 62.68 62.68 62.68 62.68 62.68 62.68 62.68 62.68

Documents