Agro Tech Foods Ltd

₹ 809 -0.84%
02 Dec - 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 1,971 Cr.
  • Current Price 809
  • High / Low 1,015 / 707
  • Stock P/E 133
  • Book Value 188
  • Dividend Yield 0.37 %
  • ROCE 6.96 %
  • ROE 5.09 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 24.4%

Cons

  • Stock is trading at 4.30 times its book value
  • The company has delivered a poor sales growth of 2.63% over past five years.
  • Company has a low return on equity of 6.77% 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: Edible Oil Industry: Solvent Extraction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
204.55 228.72 204.77 203.39 228.58 246.57 213.99 206.30 251.90 245.74 212.68 186.31 236.50
185.96 214.17 194.22 182.32 212.06 230.67 205.16 190.30 241.09 230.74 200.43 180.18 226.01
Operating Profit 18.59 14.55 10.55 21.07 16.52 15.90 8.83 16.00 10.81 15.00 12.25 6.13 10.49
OPM % 9.09% 6.36% 5.15% 10.36% 7.23% 6.45% 4.13% 7.76% 4.29% 6.10% 5.76% 3.29% 4.44%
1.13 0.74 0.45 0.39 0.19 0.15 0.16 0.08 2.22 0.03 2.05 0.08 0.04
Interest 0.45 0.44 0.43 0.42 0.44 0.51 0.40 0.60 0.59 0.72 0.51 0.72 0.89
Depreciation 4.85 4.87 4.99 4.32 4.41 4.88 5.00 5.14 5.31 5.29 5.27 5.25 5.56
Profit before tax 14.42 9.98 5.58 16.72 11.86 10.66 3.59 10.34 7.13 9.02 8.52 0.24 4.08
Tax % -6.87% 24.85% 29.75% 25.06% 24.96% 23.64% 52.37% 26.98% 26.51% 25.28% 25.82% 8.33% 26.23%
Net Profit 15.41 7.50 3.92 12.53 8.90 8.14 1.71 7.55 5.24 6.74 6.32 0.22 3.01
EPS in Rs 6.32 3.08 1.61 5.14 3.65 3.34 0.70 3.10 2.15 2.77 2.59 0.09 1.24
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
721 705 789 764 760 782 805 812 824 835 893 917 881
691 650 724 694 699 725 744 746 759 777 830 862 837
Operating Profit 30 55 65 70 61 57 61 66 65 59 62 54 44
OPM % 4% 8% 8% 9% 8% 7% 8% 8% 8% 7% 7% 6% 5%
22 2 2 -0 0 0 5 1 4 3 1 4 2
Interest 0 0 0 2 1 6 5 0 0 2 2 2 3
Depreciation 5 6 7 11 15 16 17 18 17 19 19 21 21
Profit before tax 47 51 61 57 45 35 45 49 51 41 43 35 22
Tax % 33% 29% 31% 25% 18% 35% 38% 35% 33% 17% 27% 26%
Net Profit 32 36 42 43 37 23 28 32 34 34 31 26 16
EPS in Rs 13.06 14.89 17.19 17.49 15.15 9.52 11.35 12.95 14.05 13.89 12.83 10.61 6.69
Dividend Payout % 13% 12% 12% 11% 13% 21% 18% 19% 18% 22% 23% 28%
Compounded Sales Growth
10 Years: 3%
5 Years: 3%
3 Years: 4%
TTM: -4%
Compounded Profit Growth
10 Years: -5%
5 Years: -2%
3 Years: -11%
TTM: -35%
Stock Price CAGR
10 Years: 6%
5 Years: 7%
3 Years: 10%
1 Year: -15%
Return on Equity
10 Years: 9%
5 Years: 8%
3 Years: 7%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
24 24 24 24 24 24 24 24 24 24 24 24 24
Reserves 153 185 221 258 289 313 282 315 352 384 412 438 434
0 0 0 15 26 96 18 0 0 21 14 50 43
92 71 79 78 85 75 85 96 91 75 93 104 109
Total Liabilities 270 280 324 376 425 508 409 436 468 505 543 616 611
50 59 79 125 152 178 197 193 180 213 295 301 308
CWIP 18 28 48 38 47 43 16 15 12 55 8 11 8
Investments 0 0 0 0 0 0 0 0 35 14 6 0 0
202 193 198 212 226 286 196 227 240 223 235 304 295
Total Assets 270 280 324 376 425 508 409 436 468 505 543 616 611

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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 99 60 31 43 62 -30
2 -26 -43 -47 -42 -43 -14 -38 -37 -43 -43 -11
-4 -5 -5 7 4 59 -82 -14 1 1 -13 34
Net Cash Flow -44 -4 -30 -5 3 -3 3 8 -4 1 7 -6

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 72 61 55 80 105
Days Payable 50 33 32 29 33 29 41 49 46 34 41 45
Cash Conversion Cycle 19 36 30 52 67 94 66 45 51 54 55 92
Working Capital Days 21 23 27 31 35 68 41 36 52 53 47 70
ROCE % 18% 27% 27% 22% 14% 11% 12% 15% 14% 10% 10% 7%

Shareholding Pattern

Numbers in percentages

10 recently
Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 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
8.60 8.58 8.48 8.42 7.70 7.61 7.60 7.60 7.63 7.66 7.67 7.84
3.13 3.20 2.98 2.93 2.90 3.07 2.72 3.12 3.49 4.59 4.66 8.92
33.51 33.48 33.81 33.96 34.82 34.76 35.41 35.21 34.83 33.71 33.63 29.58
2.99 2.97 2.96 2.91 2.81 2.79 2.51 2.30 2.28 2.26 2.26 1.88

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

Please click on the line-items to see the names of individual entities.

Documents

Concalls