Prime Fresh Ltd
Prime Fresh Ltd (formerly Prime Customer Services Limited) is a leading Food & vegetable supply chain player with expertise in sourcing, processing, and distribution of F&V for domestic & global markets. Experience of 15+ years in F&V Supply Chain, with ~220 tons of fresh produce handled daily [1]
- Market Cap ₹ 383 Cr.
- Current Price ₹ 306
- High / Low ₹ 332 / 185
- Stock P/E 70.8
- 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 11.6 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
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: | 52% |
3 Years: | 85% |
1 Year: | 13% |
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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
23h - Of Investor/Analyst Meet through Conference Call on Q2FY24 Results and Outlook of the Business
- Business Update 2d
- Clarification On Price Movement 25 Nov
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Clarification sought from Prime Fresh Ltd
25 Nov - Exchange has sought clarification from Prime Fresh Ltd on November 24, 2023 with reference to significant movement in price, in order to ensure that investors …
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 24 Nov
Annual reports
Concalls
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Jul 2023TranscriptNotesPPT
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Dec 2022TranscriptNotesPPT
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Sep 2022TranscriptPPT
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Nov 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Jul 2019TranscriptNotesPPT
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Jul 2019TranscriptNotesPPT
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Dec 2018TranscriptNotesPPT
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Jan 2018TranscriptNotesPPT
Service Offering
The Co offers a single point of solution for various business segments (GT, APMCs, Ecommerce, Retail, Modern Trade, Processors, HoReCA, Exporters, etc.); with a focus on the supply of fresh Fruits & Vegetables through multiple platforms. [1]
Its core competency is in the supply of Mango, Pomegranate, Orange, imported Fruits, Banana, Grapes & Onions. [1]