Ahimsa Industries Ltd
Incorporated in 1996, Ahimsa Industries Ltd manufactures and supplies PET of preform, plastic processing machinery, injection moulds, etc.[1]
- Market Cap ₹ 8.48 Cr.
- Current Price ₹ 15.5
- High / Low ₹ 15.8 / 8.60
- Stock P/E
- Book Value ₹ 24.5
- Dividend Yield 0.00 %
- ROCE -1.45 %
- ROE -3.81 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.63 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -26.7% over past five years.
- Company has a low return on equity of -1.19% 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: Plastic products Industry: Plastics Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
6.73 | 14.68 | 21.38 | 32.11 | 60.62 | 59.27 | 95.78 | 37.84 | 31.45 | 21.95 | 21.90 | 20.24 | 15.12 | |
6.39 | 11.67 | 19.01 | 29.86 | 55.41 | 54.62 | 92.03 | 35.55 | 30.41 | 20.09 | 21.18 | 19.67 | 15.06 | |
Operating Profit | 0.34 | 3.01 | 2.37 | 2.25 | 5.21 | 4.65 | 3.75 | 2.29 | 1.04 | 1.86 | 0.72 | 0.57 | 0.06 |
OPM % | 5.05% | 20.50% | 11.09% | 7.01% | 8.59% | 7.85% | 3.92% | 6.05% | 3.31% | 8.47% | 3.29% | 2.82% | 0.40% |
0.18 | 0.38 | 0.39 | 0.50 | 0.25 | 0.50 | 0.28 | 0.37 | 0.48 | 0.05 | 0.60 | 0.69 | 0.26 | |
Interest | 0.11 | 0.54 | 1.00 | 1.23 | 1.09 | 0.95 | 0.87 | 0.79 | 0.62 | 0.65 | 0.34 | 0.29 | 0.26 |
Depreciation | 0.33 | 1.05 | 1.69 | 2.27 | 2.23 | 2.12 | 1.90 | 1.56 | 1.36 | 1.11 | 0.91 | 0.88 | 0.85 |
Profit before tax | 0.08 | 1.80 | 0.07 | -0.75 | 2.14 | 2.08 | 1.26 | 0.31 | -0.46 | 0.15 | 0.07 | 0.09 | -0.79 |
Tax % | -262.50% | 17.22% | -157.14% | -8.00% | 14.02% | 34.62% | 34.92% | 32.26% | 4.35% | 40.00% | -300.00% | 0.00% | |
0.28 | 1.48 | 0.17 | -0.82 | 1.84 | 1.35 | 0.83 | 0.21 | -0.44 | 0.09 | 0.28 | 0.10 | -0.76 | |
EPS in Rs | 5.29 | 23.41 | 2.69 | -2.07 | 3.36 | 2.47 | 1.52 | 0.38 | -0.80 | 0.16 | 0.51 | 0.18 | -1.39 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | -27% |
3 Years: | -14% |
TTM: | -36% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 9% |
TTM: | -121% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -10% |
3 Years: | -8% |
1 Year: | 78% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | -2% |
3 Years: | -1% |
Last Year: | -4% |
Balance Sheet
Figures in Rs. Crores
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 | 0.53 | 0.63 | 0.63 | 3.96 | 5.47 | 5.47 | 5.47 | 5.47 | 5.47 | 5.47 | 5.47 | 5.47 | 5.47 |
Reserves | 2.55 | 4.52 | 4.69 | 1.83 | 5.79 | 7.15 | 7.97 | 8.19 | 7.75 | 7.84 | 8.13 | 8.22 | 7.94 |
3.62 | 8.57 | 14.33 | 13.54 | 10.30 | 8.96 | 7.47 | 8.09 | 7.51 | 7.65 | 4.16 | 3.09 | 3.09 | |
4.80 | 7.79 | 3.23 | 14.40 | 2.74 | 15.99 | 29.14 | 13.82 | 3.25 | 2.84 | 3.45 | 3.27 | 2.40 | |
Total Liabilities | 11.50 | 21.51 | 22.88 | 33.73 | 24.30 | 37.57 | 50.05 | 35.57 | 23.98 | 23.80 | 21.21 | 20.05 | 18.90 |
9.06 | 12.88 | 13.00 | 13.07 | 11.33 | 11.63 | 9.88 | 8.98 | 7.75 | 6.40 | 6.12 | 5.68 | 5.27 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.56 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
2.44 | 8.63 | 9.88 | 20.66 | 12.41 | 25.94 | 40.17 | 26.59 | 16.23 | 17.40 | 15.09 | 14.37 | 13.63 | |
Total Assets | 11.50 | 21.51 | 22.88 | 33.73 | 24.30 | 37.57 | 50.05 | 35.57 | 23.98 | 23.80 | 21.21 | 20.05 | 18.90 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.07 | 0.42 | -2.12 | 1.50 | 0.22 | 3.28 | 1.02 | 4.31 | 0.73 | 2.69 | 2.43 | 0.75 | |
-6.11 | -4.81 | -1.69 | -3.41 | -2.12 | -2.73 | -1.16 | -3.07 | -0.97 | -0.36 | -0.67 | -0.05 | |
2.87 | 4.93 | 4.30 | 2.69 | 1.77 | -0.87 | -0.38 | -1.30 | -0.34 | -0.28 | -3.76 | -1.07 | |
Net Cash Flow | -0.17 | 0.54 | 0.49 | 0.78 | -0.13 | -0.32 | -0.52 | -0.06 | -0.58 | 2.06 | -1.99 | -0.37 |
Ratios
Figures in Rs. Crores
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 | 20.07 | 23.87 | 36.70 | 155.62 | 24.81 | 108.39 | 114.82 | 155.01 | 71.49 | 102.93 | 81.00 | 97.38 |
Inventory Days | 45.20 | 197.18 | 102.93 | 48.90 | 34.42 | 38.65 | 31.98 | 86.83 | 98.40 | 129.93 | 119.13 | 119.81 |
Days Payable | 23.97 | 18.31 | 30.38 | 181.95 | 16.10 | 113.60 | 92.92 | 155.28 | 37.11 | 38.58 | 37.79 | 50.89 |
Cash Conversion Cycle | 41.30 | 202.75 | 109.25 | 22.56 | 43.13 | 33.43 | 53.88 | 86.56 | 132.77 | 194.29 | 162.34 | 166.30 |
Working Capital Days | -27.12 | 74.09 | 60.26 | 13.41 | 27.70 | 36.52 | 29.19 | 97.04 | 131.38 | 189.07 | 173.67 | 184.30 |
ROCE % | 3.97% | 22.92% | 6.41% | 2.46% | 15.80% | 14.05% | 10.03% | 5.16% | -0.71% | 4.17% | 0.21% | -1.45% |
Product Profile:
a) PET Preforms:[1]
Company manufactures PET Preforms under brand name Greenpet which are used in Still Water, Sparkling Water, CSD, Edible Oil, Liquors, Juices, Pharma, Dairy, etc. These Preforms are available in a variety of neck & weight categories with a conversion capacity of 7-8 lac preforms per day. Company export performs to USA and other countries
b) Caps:[2]
Compression & Injection Molded caps/closures
viz. Caps for CSD / Soft Drinks, Caps for Water, Caps for Warm Fill Juices