Advanta Ltd(Merged)

Advanta Ltd(Merged)

₹ 644 0.46%
29 Jul 2016
About

Advanta Limited, incorporated in India, listed on the Bombay Stock Exchange, the company is engaged in a strong presence in crops like corn, canola, sunflower, rice, forages and sorghum.

  • Market Cap 6,742 Cr.
  • Current Price 644
  • High / Low /
  • Stock P/E 58.8
  • Book Value 85.6
  • Dividend Yield 0.00 %
  • ROCE 13.2 %
  • ROE 13.1 %
  • Face Value 2.00

Pros

  • Company has delivered good profit growth of 27.6% CAGR over last 5 years

Cons

  • Stock is trading at 7.52 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 11.1% over last 3 years.
  • Debtor days have increased from 116 to 142 days.
  • Working capital days have increased from 126 days to 178 days

* 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: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Jun 2013 Sep 2013 Dec 2013 Mar 2014 Jun 2014 Sep 2014 Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016
227 337 312 379 300 318 381 486 310 306 308 384 362
196 280 266 326 251 265 310 417 254 252 264 308 306
Operating Profit 31 57 45 54 49 53 72 70 56 54 44 76 56
OPM % 14% 17% 14% 14% 16% 17% 19% 14% 18% 18% 14% 20% 15%
1 1 -9 -2 -1 -5 2 2 1 -3 45 10 -57
Interest 20 17 19 36 13 19 48 40 23 15 29 17 -14
Depreciation 9 9 10 10 10 10 10 10 10 10 10 9 12
Profit before tax 3 32 7 6 25 19 16 22 24 25 50 60 1
Tax % -89% 1% 74% 12% 3% 21% -15% -17% -10% 16% 11% -1% 2,293%
6 32 2 5 24 15 19 25 26 21 45 61 -29
EPS in Rs 3.32 18.76 0.21 0.64 2.85 1.80 2.24 3.01 2.85 2.30 4.44 5.81 -2.79
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Dec 2006 Dec 2007 Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 TTM
43 286 402 584 651 654 949 1,064 1,255 1,513 1,360
34 259 344 510 595 632 817 900 1,068 1,268 1,130
Operating Profit 9 27 58 74 55 22 131 164 187 244 229
OPM % 21% 10% 14% 13% 9% 3% 14% 15% 15% 16% 17%
1 66 55 42 45 39 1 4 -9 -3 -5
Interest 3 26 41 43 62 68 83 68 93 120 46
Depreciation 1 5 12 19 22 24 26 32 37 39 41
Profit before tax 6 62 59 55 17 -32 24 68 48 82 137
Tax % 20% 20% 25% 10% -51% 6% 48% 12% 7% -2%
4 49 44 49 25 -30 12 59 44 84 97
EPS in Rs 58.75 26.95 -16.24 7.27 35.12 5.28 9.90 9.76
Dividend Payout % 57% 2% 4% 3% 6% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 18%
3 Years: 17%
TTM: -9%
Compounded Profit Growth
10 Years: %
5 Years: 28%
3 Years: 89%
TTM: 27%
Stock Price CAGR
10 Years: 15%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 7%
3 Years: 11%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Dec 2006 Dec 2007 Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014
Equity Capital 6 8 17 17 17 17 17 17 17 17
Reserves 17 102 436 443 494 486 525 550 605 731
189 448 317 427 471 608 672 605 866 959
417 114 201 254 300 250 295 402 572 441
Total Liabilities 629 673 971 1,140 1,282 1,361 1,508 1,573 2,060 2,148
384 394 518 640 654 695 723 700 736 706
CWIP 1 1 4 7 11 16 23 30 27 36
Investments 2 0 1 1 1 0 0 0 0 0
243 278 449 493 617 651 762 844 1,297 1,406
Total Assets 629 673 971 1,140 1,282 1,361 1,508 1,573 2,060 2,148

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Dec 2006 Dec 2007 Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014
-188 -17 95 -6 24 139 166 -86 -109
-5 -196 -151 -13 -74 -35 -45 -59 37
299 143 65 -10 63 -14 -119 167 -2
Net Cash Flow 106 -70 10 -29 14 90 3 22 -75

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Dec 2006 Dec 2007 Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014
Debtor Days 357 48 126 110 114 89 92 86 119 142
Inventory Days 656 475 505 602 322 322 478 360
Days Payable 231 254 210 257 252 289 393 218
Cash Conversion Cycle 357 48 551 331 408 434 162 119 204 284
Working Capital Days -1,536 43 162 105 143 162 95 71 128 178
ROCE % 15% 12% 9% 5% 9% 12% 12% 13%

Shareholding Pattern

Numbers in percentages

Jun 2016
72.82%
17.96%
0.70%
8.52%
No. of Shareholders 5,290

* 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.

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