Tanvi Foods (India) Ltd

Tanvi Foods (India) Ltd

₹ 205 -1.91%
16 May - close price
About

Incorporated in 2007, Tanvi Foods Ltd is in the business of manufacturing Corn Samosa, Spring Roll & Trading of Frozen Foods

Key Points

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

  • Market Cap 235 Cr.
  • Current Price 205
  • High / Low 225 / 65.7
  • Stock P/E 195
  • 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 3.78 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: -4.02%
  • The company has delivered a poor sales growth of 4.37% over past five years.
  • Promoter holding is low: 39.0%
  • 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

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
38.75 43.49 40.51 21.39 39.22 37.88 42.64 39.06 41.43 39.62
36.47 40.58 37.92 20.35 36.30 35.76 40.43 37.35 38.80 37.93
Operating Profit 2.28 2.91 2.59 1.04 2.92 2.12 2.21 1.71 2.63 1.69
OPM % 5.88% 6.69% 6.39% 4.86% 7.45% 5.60% 5.18% 4.38% 6.35% 4.27%
0.13 0.28 0.26 0.38 0.47 0.40 0.13 0.09 0.44 0.13
Interest 1.43 1.39 1.54 1.40 0.98 1.35 1.01 1.14 1.23 1.30
Depreciation 0.60 0.64 0.61 0.53 0.44 0.36 0.30 0.31 0.35 0.31
Profit before tax 0.38 1.16 0.70 -0.51 1.97 0.81 1.03 0.35 1.49 0.21
Tax % -15.79% 13.79% 22.86% -1.96% 14.21% 27.16% 33.98% 48.57% 28.19% 33.33%
0.44 1.00 0.54 -0.52 1.69 0.59 0.68 0.19 1.07 0.14
EPS in Rs 0.82 1.86 1.01 -0.97 3.15 1.10 1.27 0.35 1.99 0.13
Raw PDF
Upcoming result date: tomorrow

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: 30%
3 Years: %
1 Year: 97%
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%

Shareholding Pattern

Numbers in percentages

Sep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
52.99% 57.37% 57.37% 57.37% 57.37% 57.37% 57.37% 57.37% 57.37% 57.37% 43.02% 39.00%
47.01% 42.63% 42.63% 42.63% 42.63% 42.63% 42.63% 42.63% 42.63% 42.63% 56.99% 61.00%
No. of Shareholders 167161153153156157153172179171220221

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