Prime Fresh Ltd

Prime Fresh Ltd

₹ 255 2.00%
26 Apr - close price
About

Incorporated in 2007, Prime Fresh Ltd is in the business of procurement and sale of Fruits and Vegetables[1]

Key Points

Business Overview:[1][2]
PFL is an ISO 9001:2005, FSSAI, APEDA certified company which specialises in Sourcing, Processing, Packaging, Warehousing, Manpower Management and Distribution of Agro Products. It offers a single point of solution for various business segments viz. HoReCA, Retail, Modern Trade, Processors, etc. on Domestic and International level with core focus being supplying Farm Fresh Fruits and Vegetables through multiple platforms. Currently, company deals in 75+ SKUs with a core portfolio of 9 products

  • Market Cap 348 Cr.
  • Current Price 255
  • High / Low 345 / 185
  • Stock P/E 64.4
  • Book Value 26.2
  • Dividend Yield 0.00 %
  • ROCE 23.8 %
  • ROE 19.3 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 37.9% CAGR over last 5 years
  • Company's median sales growth is 19.6% of last 10 years

Cons

  • Stock is trading at 9.72 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -4.70%

* 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: Trading Industry: Trading

Loading peers table ...

Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
19 28 18 41 33 43 43 52 63
17 27 16 38 31 40 40 48 59
Operating Profit 2 1 1 3 2 3 3 4 4
OPM % 9% 4% 7% 7% 5% 7% 7% 7% 6%
0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0
Profit before tax 1 1 1 2 2 3 3 4 4
Tax % 24% 28% 25% 30% 25% 28% 26% 29% 25%
1 1 1 2 1 2 2 3 3
EPS in Rs 1.03 0.52 0.59 1.41 0.95 1.74 1.91 2.04 2.28
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
7 11 17 20 21 24 36 43 47 59 76 95 115
7 10 17 19 20 23 34 41 44 55 71 88 107
Operating Profit 0 1 1 1 1 1 2 2 3 4 5 7 8
OPM % 4% 6% 3% 4% 5% 4% 5% 5% 6% 7% 6% 7% 7%
0 0 0 0 0 0 0 -0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 1 1 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 0 0 0 0 0 1 2 2 3 4 7 7
Tax % 32% 83% 36% 25% 33% 32% 28% 27% 25% 29% 27% 27%
0 0 0 0 0 0 1 1 2 2 3 5 5
EPS in Rs 0.32 0.13 0.19 0.15 0.30 0.30 0.95 1.20 1.55 1.93 2.70 3.94 4.32
Dividend Payout % 0% 0% 0% 0% 0% 22% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 24%
5 Years: 21%
3 Years: 26%
TTM: 33%
Compounded Profit Growth
10 Years: 55%
5 Years: 38%
3 Years: 45%
TTM: 21%
Stock Price CAGR
10 Years: %
5 Years: 47%
3 Years: 74%
1 Year: 19%
Return on Equity
10 Years: 16%
5 Years: 17%
3 Years: 18%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 0 0 1 1 2 3 3 3 3 4 12 13 13
Reserves 1 1 1 2 2 3 4 5 7 14 9 17 20
1 2 2 2 2 2 3 2 4 3 4 4 6
1 1 2 1 1 6 4 4 8 3 4 3 4
Total Liabilities 3 5 6 6 7 14 14 15 23 24 29 38 43
0 2 1 1 1 1 1 1 0 0 0 1 1
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 1
2 3 4 5 6 13 13 14 22 23 28 36 41
Total Assets 3 5 6 6 7 14 14 15 23 24 29 38 43

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-1 1 0 -0 -0 4 -7 1 -2 -1 -1 -1
-0 -2 -0 -0 -0 -0 0 -0 -0 0 -0 -0
1 1 -0 0 0 2 0 -1 2 2 2 3
Net Cash Flow 0 0 0 0 -0 6 -7 0 -0 0 0 2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 49 47 37 34 45 36 66 81 105 105 87 92
Inventory Days 14 34 22 36 47 39 35 20 36 12 20 21
Days Payable 24 25 25 18 21 15 40 37 64 8 13 10
Cash Conversion Cycle 40 56 34 53 71 60 61 64 78 109 94 103
Working Capital Days 72 44 29 47 67 5 89 76 105 120 115 115
ROCE % 17% 16% 9% 9% 13% 10% 17% 20% 22% 23% 21% 24%

Shareholding Pattern

Numbers in percentages

8 Recently
Sep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
58.21% 58.21% 58.42% 59.30% 59.56% 60.80% 60.80% 60.95% 59.05% 57.57% 57.57% 52.87%
0.26% 0.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%
41.53% 41.53% 41.58% 40.70% 40.44% 39.20% 39.20% 39.05% 40.95% 42.43% 42.42% 47.14%
No. of Shareholders 155153161149147161169172287350400664

* 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.

Click on the line-items to see the names of individual entities.

Documents