Aveer Foods Ltd
₹ 565
-0.04%
13 Dec
- close price
- Market Cap ₹ 228 Cr.
- Current Price ₹ 565
- High / Low ₹ 710 / 430
- Stock P/E 82.2
- Book Value ₹ 49.6
- Dividend Yield 0.00 %
- ROCE 10.3 %
- ROE 7.41 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company's working capital requirements have reduced from 62.7 days to 50.0 days
Cons
- Stock is trading at 11.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.42%
- Tax rate seems low
- Company has a low return on equity of -6.73% 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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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 0 | 3 | 78 | 96 | 95 | 101 | |
| 0 | 3 | 82 | 93 | 90 | 95 | |
| Operating Profit | -0 | 0 | -4 | 3 | 6 | 7 |
| OPM % | 9% | -4% | 4% | 6% | 7% | |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 1 | 1 | 3 | 3 |
| Profit before tax | -0 | 0 | -5 | 1 | 1 | 3 |
| Tax % | 0% | 5% | 0% | 0% | 0% | |
| -0 | 0 | -5 | 1 | 1 | 3 | |
| EPS in Rs | 2.53 | 3.10 | 6.87 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 210% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 81% |
| TTM: | -17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 16% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -7% |
| Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 4 | 4 | 4 | 4 |
| Reserves | -0 | 0 | 11 | 12 | 13 | 16 |
| 0 | 7 | 12 | 8 | 5 | 1 | |
| 0 | 3 | 14 | 14 | 10 | 11 | |
| Total Liabilities | 0 | 10 | 42 | 38 | 33 | 33 |
| 0 | 0 | 8 | 9 | 10 | 9 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 4 |
| 0 | 9 | 34 | 29 | 22 | 20 | |
| Total Assets | 0 | 10 | 42 | 38 | 33 | 33 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -0 | -3 | -3 | 5 | 8 | |
| -0 | -1 | -4 | -3 | -0 | |
| 0 | 6 | 7 | -6 | -8 | |
| Net Cash Flow | 0 | 2 | 1 | -3 | -0 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 13 | 19 | 0 | 3 | |
| Inventory Days | 802 | 168 | 179 | 132 | |
| Days Payable | 433 | 64 | 45 | 23 | |
| Cash Conversion Cycle | 382 | 123 | 134 | 111 | |
| Working Capital Days | 398 | 80 | 58 | 50 | |
| ROCE % | 6% | -26% | 8% | 10% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Nov
-
Submission Of Non Applicability Certificate For Related Party Transactions
13 Nov - Submission of Non-Applicability Certificate for related party transactions.
- Submission Of Un-Audited Financial Results For The Quarter And Half Year Ended On 30Th September, 2024. 13 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting - Submission Of Un-Audited Financial Results For The Quarter And Half Year Ended On 30Th September, 2024.
13 Nov - Submission of un-audited financial results for Q2 2024.
-
Board Meeting Intimation for Intimation Of Board Meeting
5 Nov - Board meeting for un-audited financial results.
Business Overview:[1][2]
Company does processing of Agri based Products viz. Raw Mangoes, Lemons, Tomato, Spices etc. and manufactures Pickles, Ketchups, Sauces, Chutneys, Thecha, handmade & machine made Papad