Tanvi Foods (India) Ltd
Incorporated in 2007, Tanvi Foods Ltd is in the business of manufacturing Corn Samosa, Spring Roll & Trading of Frozen Foods
- Market Cap ₹ 245 Cr.
- Current Price ₹ 214
- High / Low ₹ 220 / 65.7
- Stock P/E 203
- Book Value ₹ 54.3
- Dividend Yield 0.00 %
- ROCE 4.97 %
- ROE 2.32 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 3.93 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: -14.3%
- The company has delivered a poor sales growth of 4.37% over past five years.
- Company has a low return on equity of 3.36% 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.
Peer comparison
Sector: FMCG Industry: Food - Processing - Indian
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
51.62 | 59.40 | 65.87 | 76.34 | 83.99 | 60.61 | 80.52 | 81.56 | 81.05 | |
47.86 | 54.97 | 60.96 | 71.15 | 78.49 | 56.65 | 76.12 | 78.07 | 76.73 | |
Operating Profit | 3.76 | 4.43 | 4.91 | 5.19 | 5.50 | 3.96 | 4.40 | 3.49 | 4.32 |
OPM % | 7.28% | 7.46% | 7.45% | 6.80% | 6.55% | 6.53% | 5.46% | 4.28% | 5.33% |
0.77 | 0.48 | 0.66 | 0.76 | 0.53 | 0.85 | 0.53 | 0.22 | 0.57 | |
Interest | 1.73 | 2.41 | 2.60 | 2.88 | 2.92 | 2.38 | 2.42 | 2.22 | 2.53 |
Depreciation | 0.88 | 1.05 | 1.30 | 1.25 | 1.25 | 0.97 | 0.66 | 0.62 | 0.66 |
Profit before tax | 1.92 | 1.45 | 1.67 | 1.82 | 1.86 | 1.46 | 1.85 | 0.87 | 1.70 |
Tax % | 18.23% | 25.52% | 26.35% | 18.13% | 16.67% | 19.86% | 31.35% | 24.14% | |
1.57 | 1.08 | 1.23 | 1.49 | 1.55 | 1.17 | 1.27 | 0.67 | 1.21 | |
EPS in Rs | 4.56 | 2.62 | 2.53 | 2.78 | 2.89 | 2.18 | 2.37 | 1.25 | 2.12 |
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: | 4% |
3 Years: | -1% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -12% |
3 Years: | -24% |
TTM: | 39% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 36% |
3 Years: | 65% |
1 Year: | 183% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 3% |
Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 3.44 | 4.12 | 4.87 | 5.37 | 5.37 | 5.37 | 5.37 | 11.12 |
Reserves | 3.65 | 8.09 | 14.57 | 19.56 | 21.11 | 22.28 | 23.55 | 45.41 |
13.66 | 16.08 | 17.37 | 24.72 | 28.02 | 32.03 | 33.31 | 23.31 | |
2.71 | 3.59 | 3.86 | 4.28 | 7.44 | 9.39 | 10.16 | 11.96 | |
Total Liabilities | 23.46 | 31.88 | 40.67 | 53.93 | 61.94 | 69.07 | 72.39 | 91.80 |
6.41 | 7.33 | 9.81 | 8.26 | 7.29 | 6.38 | 5.73 | 4.65 | |
CWIP | 0.44 | 1.44 | 0.23 | 7.42 | 14.98 | 16.86 | 18.58 | 27.24 |
Investments | 0.00 | 0.00 | 1.32 | 0.00 | 0.01 | 0.01 | 0.01 | 1.18 |
16.61 | 23.11 | 29.31 | 38.25 | 39.66 | 45.82 | 48.07 | 58.73 | |
Total Assets | 23.46 | 31.88 | 40.67 | 53.93 | 61.94 | 69.07 | 72.39 | 91.80 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
0.00 | -0.28 | -16.15 | -4.71 | 6.77 | -0.71 | 2.18 | -1.49 | |
0.00 | -2.47 | -3.25 | -4.76 | -7.32 | -1.09 | -1.10 | -1.32 | |
0.00 | 2.44 | 6.88 | 7.31 | 0.78 | 1.68 | -1.09 | 2.75 | |
Net Cash Flow | 0.00 | -0.32 | -12.52 | -2.16 | 0.23 | -0.11 | -0.01 | -0.06 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 13.93 | 13.64 | 13.08 | 11.57 | 16.08 | 19.45 | 14.96 | |
Inventory Days | 93.61 | 116.52 | 130.86 | 139.64 | 135.74 | 224.29 | 184.81 | |
Days Payable | 10.23 | 9.91 | 9.33 | 9.63 | 15.91 | 21.31 | 16.14 | |
Cash Conversion Cycle | 97.31 | 120.25 | 134.61 | 141.58 | 135.91 | 222.43 | 183.63 | |
Working Capital Days | 66.96 | 88.55 | 117.25 | 107.72 | 98.52 | 171.75 | 139.07 | |
ROCE % | 15.74% | 13.24% | 10.29% | 9.18% | 6.22% | 6.89% |
Documents
Announcements
- Compliance Certificate Under Regulation 40(9) 19 Apr
- Compliance Certificate For The Year Ended 31.03.2024 18 Apr
- Commencement Of Operations At The New Automated Manufacturing Unit At Seetharampuram, Andhra Pradesh 4 Apr
- Closure of Trading Window 30 Mar
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 24 Feb
Annual reports
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Financial Year 2023
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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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Concalls
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Feb 2024TranscriptNotesPPT
Business Overview:[1]
Company does processing of corn based eatables such as Corn samosas, Corn patties, Spring rolls and also trades in Fresh corn, Frozen corn etc. This business is seasonal and caters to organized and unorganized markets. Company is majorly involved in supply of Frozen foods and ready to eat corn samosas, spring rolls, etc. to marriage functions and get together parties in Andhra Pradesh and Telangana