Inflame Appliances Ltd
Incorporated in 2017, Inflame Appliances Ltd manufactures kitchen appliances and sheet metal components[1]
- Market Cap ₹ 367 Cr.
- Current Price ₹ 500
- High / Low ₹ 730 / 346
- Stock P/E 87.6
- Book Value ₹ 62.6
- Dividend Yield 0.00 %
- ROCE 17.3 %
- ROE 16.5 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 152 to 108 days.
Cons
- Stock is trading at 7.69 times its book value
- Company has a low return on equity of -0.63% over last 3 years.
- Promoter holding has decreased over last 3 years: -9.74%
* 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: Consumer Durables Industry: Domestic Appliances
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|
| 8.94 | 55.11 | 15.39 | 19.87 | 39.57 | 77.31 | 83.59 | |
| 8.41 | 51.65 | 19.29 | 21.79 | 38.06 | 67.30 | 72.92 | |
| Operating Profit | 0.53 | 3.46 | -3.90 | -1.92 | 1.51 | 10.01 | 10.67 |
| OPM % | 5.93% | 6.28% | -25.34% | -9.66% | 3.82% | 12.95% | 12.76% |
| 0.01 | 0.94 | 0.89 | 0.25 | -0.08 | -1.25 | -1.09 | |
| Interest | 0.03 | 0.35 | 0.77 | 1.07 | 1.83 | 2.12 | 2.48 |
| Depreciation | 0.12 | 1.20 | 1.98 | 1.78 | 1.81 | 2.24 | 3.03 |
| Profit before tax | 0.39 | 2.85 | -5.76 | -4.52 | -2.21 | 4.40 | 4.07 |
| Tax % | 23.08% | -27.37% | 26.04% | 25.66% | 25.34% | 26.59% | |
| 0.30 | 3.64 | -4.26 | -3.36 | -1.65 | 3.24 | 2.82 | |
| EPS in Rs | 0.50 | 6.07 | -7.10 | -5.60 | -2.48 | 4.41 | 3.84 |
| Dividend Payout % | 0.00% | 8.24% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 54% |
| 3 Years: | 71% |
| TTM: | 35% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 72% |
| 3 Years: | 45% |
| TTM: | 490% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 40% |
| 1 Year: | 5% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -1% |
| 3 Years: | -1% |
| Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4.00 | 6.00 | 6.00 | 6.00 | 6.65 | 7.34 | 7.34 |
| Reserves | 6.11 | 6.18 | 1.56 | -1.80 | 7.52 | 33.99 | 38.60 |
| 0.61 | 4.01 | 9.63 | 18.88 | 13.55 | 27.25 | 34.81 | |
| 8.35 | 17.71 | 14.86 | 15.32 | 11.24 | 14.05 | 15.95 | |
| Total Liabilities | 19.07 | 33.90 | 32.05 | 38.40 | 38.96 | 82.63 | 96.70 |
| 2.89 | 12.98 | 11.80 | 11.25 | 10.43 | 13.08 | 32.70 | |
| CWIP | 0.56 | 0.42 | 0.04 | 0.25 | 1.17 | 12.87 | 2.64 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 15.62 | 20.50 | 20.21 | 26.90 | 27.36 | 56.68 | 61.36 | |
| Total Assets | 19.07 | 33.90 | 32.05 | 38.40 | 38.96 | 82.63 | 96.70 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| -3.79 | 8.22 | 0.12 | -2.80 | -4.54 | -2.17 | |
| -5.23 | -10.24 | 0.01 | -2.77 | -0.59 | -24.11 | |
| 10.40 | 0.71 | -0.19 | 5.64 | 5.07 | 26.43 | |
| Net Cash Flow | 1.39 | -1.31 | -0.06 | 0.07 | -0.07 | 0.15 |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| Debtor Days | 284.98 | 62.92 | 202.78 | 237.52 | 108.85 | 108.49 |
| Inventory Days | 133.62 | 69.31 | 211.68 | 172.05 | 81.64 | 106.04 |
| Days Payable | 429.64 | 110.90 | 293.55 | 248.54 | 107.55 | 72.08 |
| Cash Conversion Cycle | -11.04 | 21.33 | 120.91 | 161.02 | 82.93 | 142.46 |
| Working Capital Days | 144.12 | 23.71 | 110.99 | 182.04 | 114.47 | 150.56 |
| ROCE % | 23.78% | -30.02% | -17.23% | -0.79% | 17.34% |
Documents
Announcements
- Certificate Under Regulation 40 (9) Of The SEBI (LODR) Regulations, 2015 For The Year Ended On March 31, 2024. 1d
- Submission Of Compliance Certificate In Pursuance Of Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Year Ended On March 31, 2024 6 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Apr - Confirmation certificate and Details of share certificate dematerialized for the period ended on 31st March 2024 Received from RTA of the company as per Regulation …
- Revised Regulation 30 Of The SEBI (LODR) Regulations, 2015-New Product Launch/Agreement Not In Ordinary Course Of Business. 2 Apr
- Update Under Regulation 30 Of The SEBI (LODR) Regulations, 2015-New Product Launch/Agreement Not In Ordinary Course Of Business 1 Apr
Business Overview:[1]
IAL is an ISO 9001:2015 certified company which markets and sells its products through its brand Inflame in domestic & overseas markets. It is a manufacturer of Electrical Chimneys/Range Hoods, Built-in Gas
Hobs and LPG Gas Stove/ Cooktops
(Metal & Glass Cooktops), etc.
Product Profile:
a) Pyramid Chimneys:[2]
Electric Kitchen Hood Ava 60 PB BK, Electric Kitchen Hood Ava 60 PB HAC BK, Electric Kitchen Hood Viva 60 PB BK
b) Curved Glass Chimneys:[3]
Electric Kitchen Hood Curve 60 PB BK, Electric Kitchen Hood Dove 60 PB PF HAC BK, etc.
c) Straight T-Shaped Chimneys:[4]
Electric Kitchen Hood Jade 60 MS HAC BK, Electric Kitchen Hood Phoenix 60 MS PF HAC BK, etc.
d) Vertical Chimneys:[5]
Electric Kitchen Hood Daisy 60 MS HAC BK, Electric Kitchen Hood Lilly 60 MS HAC BK
e) Island Chimneys:[6]
Electric Kitchen Hood Orian 90 MS HAC BK
f) Built-in Hobs:[7]
Alexis 75 RDPS 3Burner Brass Built-in Gas Hob, Alicia60 SQPS 4 Burner Brass Built-in Gas Hob, etc.
g) OTG:[8]
company has developed 6 models of a new product namely OTG (Oven Toaster Grill)