Amin Tannery Ltd
Incorporated in 2013, Amin Tannery Ltd manufactures and exports Leather and Leather shoe/ uppers
- Market Cap ₹ 28.0 Cr.
- Current Price ₹ 2.59
- High / Low ₹ 3.09 / 1.89
- Stock P/E 73.6
- Book Value ₹ 1.14
- Dividend Yield 0.00 %
- ROCE 5.25 %
- ROE 3.02 %
- Face Value ₹ 1.00
Pros
- Debtor days have improved from 108 to 69.1 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 1.89% over last 3 years.
- Company might be capitalizing the interest cost
- Promoters have pledged 50.8% of their holding.
* 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: Leather Industry: Leather / Leather Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 41.74 | 37.21 | 32.27 | 27.06 | 39.18 | 52.63 | 50.16 | |
0.00 | 0.00 | 38.01 | 33.54 | 29.25 | 24.48 | 36.51 | 49.29 | 46.92 | |
Operating Profit | 0.00 | 0.00 | 3.73 | 3.67 | 3.02 | 2.58 | 2.67 | 3.34 | 3.24 |
OPM % | 8.94% | 9.86% | 9.36% | 9.53% | 6.81% | 6.35% | 6.46% | ||
0.00 | 0.00 | 0.21 | 0.27 | 0.36 | 0.07 | 0.03 | 0.01 | 0.00 | |
Interest | 0.00 | 0.00 | 1.76 | 2.00 | 1.90 | 1.20 | 1.15 | 1.64 | 1.75 |
Depreciation | 0.00 | 0.00 | 1.44 | 1.67 | 1.31 | 1.31 | 1.29 | 1.20 | 0.97 |
Profit before tax | 0.00 | 0.00 | 0.74 | 0.27 | 0.17 | 0.14 | 0.26 | 0.51 | 0.52 |
Tax % | 24.32% | 48.15% | 41.18% | 28.57% | 23.08% | 29.41% | |||
0.00 | 0.00 | 0.56 | 0.14 | 0.10 | 0.10 | 0.20 | 0.36 | 0.38 | |
EPS in Rs | 0.05 | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.03 | ||
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 18% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -8% |
3 Years: | 53% |
TTM: | 58% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 48% |
1 Year: | 16% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.05 | 0.05 | 10.80 | 10.80 | 10.80 | 10.80 | 10.80 | 10.80 | 10.80 |
Reserves | 0.00 | 0.00 | 0.41 | 0.46 | 0.52 | 0.69 | 0.93 | 1.33 | 1.53 |
0.00 | 0.00 | 22.78 | 23.46 | 26.62 | 27.93 | 29.42 | 28.63 | 28.39 | |
0.00 | 0.00 | 19.15 | 13.53 | 14.95 | 15.77 | 24.76 | 26.51 | 23.24 | |
Total Liabilities | 0.05 | 0.05 | 53.14 | 48.25 | 52.89 | 55.19 | 65.91 | 67.27 | 63.96 |
0.00 | 0.00 | 11.05 | 10.37 | 9.54 | 8.52 | 7.97 | 7.51 | 7.14 | |
CWIP | 0.00 | 0.01 | 0.65 | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 | 0.13 |
Investments | 0.00 | 0.00 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
0.05 | 0.04 | 41.38 | 37.79 | 43.26 | 46.57 | 57.85 | 59.67 | 56.63 | |
Total Assets | 0.05 | 0.05 | 53.14 | 48.25 | 52.89 | 55.19 | 65.91 | 67.27 | 63.96 |
Cash Flows
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.16 | 1.14 | -0.12 | 0.48 | 0.48 | 3.52 | ||
0.00 | -2.51 | -0.28 | -0.45 | -0.28 | -0.74 | -0.77 | ||
0.00 | 2.98 | -1.32 | 0.40 | 0.12 | 0.34 | -2.43 | ||
Net Cash Flow | 0.00 | 0.62 | -0.46 | -0.17 | 0.32 | 0.09 | 0.33 |
Ratios
Figures in Rs. Crores
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 53.43 | 61.11 | 86.64 | 143.25 | 111.70 | 69.07 | ||
Inventory Days | 1,214.82 | 848.29 | 2,279.66 | 1,510.19 | 1,508.86 | 880.81 | ||
Days Payable | 594.71 | 294.95 | 911.44 | 641.94 | 813.14 | 432.20 | ||
Cash Conversion Cycle | 673.53 | 614.45 | 1,454.86 | 1,011.49 | 807.42 | 517.69 | ||
Working Capital Days | 197.72 | 245.52 | 331.07 | 420.71 | 310.22 | 229.07 | ||
ROCE % | 0.00% | 14.69% | 6.61% | 5.70% | 3.46% | 3.50% | 5.25% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 10 Apr
- Compliance Certificate Under Reg.7(3) For The Half Year Ended On 31-03-2024 5 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5 Apr
- Certificate Under Reg 40(10)For The Year Ended On 31-03-2024 5 Apr
- Closure of Trading Window 27 Mar
Product Profile:[1]
a) Finished Leather:[2] Different colors and models of finished leather
b) Leather Shoes:[3] Shoes and Boots made of pure leather