Agro Tech Foods Ltd

Agro Tech Foods Ltd

₹ 734 -0.75%
24 Apr - 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 a 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 1,788 Cr.
  • Current Price 734
  • High / Low 1,090 / 647
  • Stock P/E 233
  • Book Value 205
  • Dividend Yield 0.41 %
  • ROCE 2.44 %
  • ROE 1.56 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 50.9%

Cons

  • Stock is trading at 3.58 times its book value
  • The company has delivered a poor sales growth of -1.64% over past five years.
  • Company has a low return on equity of 3.27% 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

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
213.82 206.22 251.69 245.52 212.55 186.21 236.16 224.47 201.64 186.87 200.73 192.46 178.17
206.80 190.30 241.19 230.75 200.35 180.12 225.99 209.51 188.61 176.20 192.74 184.16 173.18
Operating Profit 7.02 15.92 10.50 14.77 12.20 6.09 10.17 14.96 13.03 10.67 7.99 8.30 4.99
OPM % 3.28% 7.72% 4.17% 6.02% 5.74% 3.27% 4.31% 6.66% 6.46% 5.71% 3.98% 4.31% 2.80%
1.18 0.15 2.30 0.11 2.13 0.15 0.12 0.14 0.12 1.26 0.14 0.32 2.81
Interest 0.40 0.60 0.59 0.72 0.51 0.72 0.89 0.58 0.99 1.20 0.78 0.43 0.47
Depreciation 4.86 4.98 5.16 5.13 5.10 5.08 5.39 5.41 5.35 5.07 5.18 5.17 5.10
Profit before tax 2.94 10.49 7.05 9.03 8.72 0.44 4.01 9.11 6.81 5.66 2.17 3.02 2.23
Tax % 67.35% 26.22% 26.81% 26.25% 25.23% 29.55% 26.68% 25.69% 27.17% 25.97% 27.19% 26.16% 26.46%
0.96 7.74 5.16 6.66 6.52 0.31 2.94 6.77 4.96 4.19 1.58 2.23 1.64
EPS in Rs 0.39 3.18 2.12 2.73 2.68 0.13 1.21 2.78 2.04 1.72 0.65 0.92 0.67
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
789 765 760 782 808 812 824 835 892 916 848 758
724 694 699 725 747 746 759 777 832 862 804 726
Operating Profit 65 70 61 57 61 66 65 58 60 53 45 32
OPM % 8% 9% 8% 7% 8% 8% 8% 7% 7% 6% 5% 4%
2 -0 0 0 4 1 4 3 2 5 -0 5
Interest 0 2 1 6 5 0 0 2 2 2 3 3
Depreciation 7 11 15 16 17 17 17 19 18 20 21 21
Profit before tax 60 58 45 36 44 49 52 41 42 35 20 13
Tax % 31% 25% 18% 34% 38% 35% 34% 17% 28% 26% 26% 26%
42 43 37 23 27 32 34 34 30 26 15 10
EPS in Rs 17.09 17.68 15.30 9.59 11.20 12.99 13.92 13.92 12.43 10.70 6.15 3.96
Dividend Payout % 12% 11% 13% 21% 18% 19% 18% 22% 24% 28% 49% 76%
Compounded Sales Growth
10 Years: 0%
5 Years: -2%
3 Years: -5%
TTM: -11%
Compounded Profit Growth
10 Years: -16%
5 Years: -25%
3 Years: -37%
TTM: -50%
Stock Price CAGR
10 Years: 4%
5 Years: 5%
3 Years: -5%
1 Year: -10%
Return on Equity
10 Years: 7%
5 Years: 5%
3 Years: 3%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 24 24 24 24 24 24 24 24 24 24 24 24
Reserves 220 258 289 312 282 316 351 383 410 436 461 475
0 15 26 96 18 0 0 21 14 50 62 42
81 80 87 78 88 100 97 83 101 112 98 108
Total Liabilities 325 377 426 510 412 440 473 511 549 622 645 649
77 124 150 177 187 185 171 204 287 291 297 311
CWIP 48 35 42 36 16 15 12 55 8 10 26 30
Investments 5 9 12 16 16 16 52 32 24 23 23 23
196 210 223 282 193 225 238 220 231 298 300 285
Total Assets 325 377 426 510 412 440 473 511 549 622 645 649

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
18 35 41 -18 102 61 32 44 63 -29 22
-44 -49 -42 -46 -14 -38 -37 -45 -44 -12 -42
-5 7 4 59 -89 -14 1 1 -13 34 22
Net Cash Flow -31 -6 3 -5 -0 9 -4 -0 5 -7 2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 20 10 12 20 18 22 36 33 15 32 30 32
Inventory Days 42 70 88 103 89 71 61 55 80 104 125 112
Days Payable 34 30 35 31 43 53 50 39 45 50 47 53
Cash Conversion Cycle 28 50 66 92 63 41 47 49 49 86 108 91
Working Capital Days 26 30 34 67 39 34 50 50 44 67 79 75
ROCE % 27% 22% 15% 11% 12% 15% 14% 10% 10% 7% 5%

Shareholding Pattern

Numbers in percentages

11 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
51.77% 51.77% 51.77% 51.77% 51.77% 51.77% 51.77% 51.77% 51.77% 51.77% 51.77% 51.77%
7.60% 7.60% 7.63% 7.66% 7.67% 7.84% 7.92% 7.88% 7.89% 7.85% 7.89% 7.85%
2.72% 3.12% 3.49% 4.59% 4.66% 8.92% 9.62% 9.98% 10.43% 10.76% 11.27% 11.32%
35.41% 35.21% 34.83% 33.71% 33.63% 29.58% 30.20% 29.91% 29.39% 29.09% 28.63% 29.05%
2.51% 2.30% 2.28% 2.26% 2.26% 1.88% 0.48% 0.44% 0.52% 0.51% 0.43% 0.00%
No. of Shareholders 17,29316,48015,91215,85015,89215,96315,19218,33214,75414,28414,14114,970

* 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

Concalls