Agro Tech Foods Ltd

₹ 820 0.61%
28 Jun - close price
About

Agro Tech Foods Ltd is primarily engaged in the business of manufacturing and trading of edible oils and food products.[1]

Key Points

Product Portfolio
The company's product has presence in various areas in the food products & edible oils market. Its product portfolio includes various types of popcorn, extruded snacks, cereal snacks, chocolate products, sweet corn, mass & premium edible oils and others.[1]

  • Market Cap 1,999 Cr.
  • Current Price 820
  • High / Low 1,150 / 742
  • Stock P/E 86.5
  • Book Value 189
  • Dividend Yield 0.37 %
  • ROCE 7.04 %
  • ROE 5.17 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 24.57%

Cons

  • Stock is trading at 4.35 times its book value
  • The company has delivered a poor sales growth of 2.53% over past five years.
  • Company has a low return on equity of 6.74% for 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: Edible Oil Industry: Solvent Extraction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
197.64 204.48 228.56 204.67 203.23 228.30 246.34 213.82 206.22 251.69 245.52 212.55
183.04 186.03 214.08 194.08 182.28 212.01 230.77 206.80 190.30 241.19 230.75 200.35
Operating Profit 14.60 18.45 14.48 10.59 20.95 16.29 15.57 7.02 15.92 10.50 14.77 12.20
OPM % 7.39% 9.02% 6.34% 5.17% 10.31% 7.14% 6.32% 3.28% 7.72% 4.17% 6.02% 5.74%
1.08 1.13 0.74 0.45 0.38 0.19 0.15 1.18 0.15 2.30 0.11 2.13
Interest 0.45 0.45 0.44 0.43 0.42 0.44 0.51 0.40 0.60 0.59 0.72 0.51
Depreciation 4.55 4.70 4.74 4.85 4.17 4.26 4.72 4.86 4.98 5.16 5.13 5.10
Profit before tax 10.68 14.43 10.04 5.76 16.74 11.78 10.49 2.94 10.49 7.05 9.03 8.72
Tax % 34.27% -6.72% 25.40% 30.38% 24.49% 25.21% 24.79% 67.35% 26.22% 26.81% 26.25% 25.23%
Net Profit 7.02 15.40 7.49 4.01 12.64 8.81 7.89 0.96 7.74 5.16 6.66 6.52
EPS in Rs 2.88 6.32 3.07 1.65 5.19 3.62 3.24 0.39 3.18 2.12 2.73 2.68

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
721 705 789 765 760 782 808 812 824 835 892 916
691 650 724 694 699 725 747 746 759 777 832 862
Operating Profit 30 54 65 70 61 57 61 66 65 58 60 53
OPM % 4% 8% 8% 9% 8% 7% 8% 8% 8% 7% 7% 6%
22 2 2 -0 0 0 4 1 4 3 2 5
Interest 0 0 0 2 1 6 5 0 0 2 2 2
Depreciation 5 6 7 11 15 16 17 17 17 19 18 20
Profit before tax 47 51 60 58 45 36 44 49 52 41 42 35
Tax % 33% 29% 31% 25% 18% 34% 38% 35% 34% 17% 28% 26%
Net Profit 32 36 42 43 37 23 27 32 34 34 30 26
EPS in Rs 13.04 14.83 17.09 17.68 15.30 9.59 11.20 12.99 13.92 13.92 12.43 10.70
Dividend Payout % 13% 12% 12% 11% 13% 21% 18% 19% 18% 22% 24% 28%
Compounded Sales Growth
10 Years: 3%
5 Years: 3%
3 Years: 4%
TTM: 3%
Compounded Profit Growth
10 Years: -4%
5 Years: -1%
3 Years: -11%
TTM: -23%
Stock Price CAGR
10 Years: 6%
5 Years: 11%
3 Years: 18%
1 Year: -13%
Return on Equity
10 Years: 9%
5 Years: 8%
3 Years: 7%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
24 24 24 24 24 24 24 24 24 24 24 24
Reserves 153 184 220 258 289 312 282 316 351 383 410 436
0 0 0 15 26 96 18 0 0 21 14 50
93 75 81 80 87 78 88 100 97 83 101 112
Total Liabilities 271 283 325 377 426 510 412 440 473 511 549 622
50 59 77 124 150 177 187 185 171 204 287 291
CWIP 18 28 48 35 42 36 16 15 12 55 8 10
Investments 1 1 5 9 12 16 16 16 52 32 24 23
202 195 196 210 223 282 193 225 238 220 231 298
Total Assets 271 283 325 377 426 510 412 440 473 511 549 622

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-42 28 18 35 41 -18 102 61 32 44 63 -29
2 -26 -44 -49 -42 -46 -14 -38 -37 -45 -44 -12
-4 -5 -5 7 4 59 -89 -14 1 1 -13 34
Net Cash Flow -44 -4 -31 -6 3 -5 -0 9 -4 -0 5 -7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 18 18 20 10 12 20 18 22 36 33 15 32
Inventory Days 51 52 42 70 88 103 89 71 61 55 80 104
Days Payable 49 35 34 30 35 31 43 53 50 39 45 50
Cash Conversion Cycle 19 35 28 50 66 92 63 41 47 49 49 86
Working Capital Days 22 23 26 30 34 67 39 34 50 50 44 67
ROCE % 18% 26% 27% 22% 15% 11% 12% 15% 14% 10% 10% 7%

Shareholding Pattern

Numbers in percentages

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
51.77 51.77 51.77 51.77 51.77 51.77 51.77 51.77 51.77 51.77 51.77 51.77
7.70 8.60 8.60 8.58 8.48 8.42 7.70 7.61 7.60 7.60 7.63 7.66
3.23 3.25 3.13 3.20 2.98 2.93 2.90 3.07 2.72 3.12 3.49 4.59
33.77 33.39 33.51 33.48 33.81 33.96 34.82 34.76 35.41 35.21 34.83 33.71
3.53 2.99 2.99 2.97 2.96 2.91 2.81 2.79 2.51 2.30 2.28 2.26

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