Bartronics India Ltd

Bartronics India Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Bartronics India Ltd

₹ 24.4 1.66%
02 May - close price
bartronicsindia.com BSE: 532694 NSE - BE : ASMS
About

Incorporated in 1990, Bartronics India Ltd. is engaged in providing solutions based on Bar Coding, Biometrics, RFID, POS, EAS, and Smart Cards etc.

Key Points

Business Overview:[1]
The company started with providing solutions based on barcode using AIDC technologies. The company also ventured into Financial Inclusion projects driven by Reserve Bank of India popularly known as “Jan Dhan Yojana”

Website BSE NSE - BE
  • Market Cap ₹ 741 Cr.
  • Current Price ₹ 24.4
  • High / Low ₹ 28.8 / 6.35
  • Stock P/E
  • Book Value ₹ 0.82
  • Dividend Yield 0.00 %
  • ROCE -0.30 %
  • ROE %
  • Face Value ₹ 1.00
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Debtor days have improved from 2,618 to 15.7 days.

Cons

  • Stock is trading at 29.9 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -5.84% over past five years.
  • Working capital days have increased from -883 days to 74.2 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: IT - Software Industry: Computers - Software - Medium / Small

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
15.33 18.20 14.82 16.22 16.29 18.23 15.37 13.73 11.47 12.05 12.07 12.43 11.92
14.00 16.29 13.98 14.72 14.78 16.41 14.04 12.77 11.65 12.19 11.41 12.82 12.10
Operating Profit 1.33 1.91 0.84 1.50 1.51 1.82 1.33 0.96 -0.18 -0.14 0.66 -0.39 -0.18
OPM % 8.68% 10.49% 5.67% 9.25% 9.27% 9.98% 8.65% 6.99% -1.57% -1.16% 5.47% -3.14% -1.51%
0.01 0.23 0.02 0.01 0.05 0.04 -0.00 0.13 0.07 157.90 0.04 -0.29 0.25
Interest 13.10 13.10 13.10 13.10 13.10 13.10 13.10 13.10 -0.00 -0.00 -0.00 -0.00 -0.00
Depreciation 1.07 1.07 1.07 1.07 1.07 1.07 1.07 1.05 1.05 1.01 0.19 0.14 0.07
Profit before tax -12.83 -12.03 -13.31 -12.66 -12.61 -12.31 -12.84 -13.06 -1.16 156.75 0.51 -0.82 -0.00
Tax % -1.17% 9.73% 1.13% 1.11% 1.11% 1.22% -5.76% 1.30% 13.79% 12.15% 9.80% -20.73%
-12.98 -10.86 -13.16 -12.52 -12.46 -12.16 -13.58 -12.90 -1.00 137.70 0.46 -0.99 -0.06
EPS in Rs -3.81 -3.19 -3.87 -3.68 -3.66 -3.57 -3.99 -3.79 -0.33 4.52 0.02 -0.03 -0.00
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Sep 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
597 556 50 39 42 72 71 68 66 63 65 52 48
441 559 125 43 32 62 58 84 59 57 60 50 49
Operating Profit 156 -3 -74 -4 10 10 13 -16 7 6 6 2 -0
OPM % 26% -1% -148% -10% 25% 14% 18% -23% 11% 9% 9% 4% -0%
9 31 63 4 19 -3 2 0 3 0 0 158 158
Interest 61 74 51 70 54 52 52 52 52 52 52 26 0
Depreciation 52 72 53 57 11 6 6 5 5 4 4 4 1
Profit before tax 52 -118 -115 -128 -35 -51 -43 -74 -47 -50 -51 130 156
Tax % -27% -3% 40% 12% 6% 1% 1% 10% -9% 2% 1% 15%
66 -122 -69 -112 -33 -51 -43 -66 -51 -49 -50 110 137
EPS in Rs 19.33 -35.78 -20.30 -33.03 -9.74 -14.92 -12.65 -19.37 -15.06 -14.46 -14.77 3.62 4.51
Dividend Payout % 5% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: -21%
5 Years: -6%
3 Years: -7%
TTM: -18%
Compounded Profit Growth
10 Years: 6%
5 Years: 6%
3 Years: 13%
TTM: 97%
Stock Price CAGR
10 Years: 13%
5 Years: 33%
3 Years: 122%
1 Year: 304%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Sep 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 34 34 34 34 34 34 34 34 34 34 34 30 30
Reserves 452 333 252 149 116 57 15 -27 -51 -108 -147 -5 -6
587 599 778 734 773 789 747 797 1,047 1,092 1,156 -0 2
448 542 481 530 559 585 417 448 244 244 245 43 0
Total Liabilities 1,522 1,508 1,545 1,447 1,481 1,465 1,213 1,252 1,274 1,261 1,289 69 27
242 171 120 65 55 50 45 39 32 28 24 4 2
CWIP 41 16 13 14 14 14 14 14 12 12 12 -0 -0
Investments 2 302 302 302 302 302 302 306 302 302 302 -0 -0
1,236 1,018 1,109 1,066 1,111 1,100 852 893 928 919 951 65 25
Total Assets 1,522 1,508 1,545 1,447 1,481 1,465 1,213 1,252 1,274 1,261 1,289 69 27

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Sep 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
95 81 -12 107 -5 4 64 31 61 2 4 -4
-7 -3 56 8 -2 1 0 20 11 0 0 1
-92 -82 -44 -114 8 -3 -64 -52 -69 -0 0 -2
Net Cash Flow -4 -4 0 1 1 1 -0 -0 3 2 4 -6

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Sep 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 358 526 6,589 7,924 7,686 4,451 3,248 3,533 3,822 3,932 3,907 16
Inventory Days 25 4 49 146 524 96 173 81 124 389 21
Days Payable 303 225 2,339 5,358 17,265 4,922 2,601 1,778 1,872 4,518 36
Cash Conversion Cycle 79 305 4,299 2,712 -9,056 -375 820 1,836 2,073 3,932 -223 1
Working Capital Days 189 -5 -50 -1,186 -1,248 -1,016 -1,561 -1,880 -1,126 -1,356 -1,367 74
ROCE % 11% -4% -6% -6% 2% 0% 1% -3% 1% 0% 0% -0%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
10.55% 10.55% 10.55% 10.55% 10.55% 10.54% 0.00% 90.00% 90.00% 90.00% 90.00% 90.00%
1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 2.18% 0.22% 0.22% 0.22% 0.22% 0.22%
87.50% 87.50% 87.50% 87.50% 87.50% 87.48% 97.81% 9.78% 9.78% 9.78% 9.77% 9.78%
No. of Shareholders 37,82937,14437,12837,20736,93636,65236,45436,31835,97435,94835,68838,594

* 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.

Documents

Announcements

Annual reports