Agro Tech Foods Ltd

Agro Tech Foods Ltd

₹ 981 -0.23%
13 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 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 2,391 Cr.
  • Current Price 981
  • High / Low 1,152 / 644
  • Stock P/E 902
  • Book Value 202
  • Dividend Yield 0.31 %
  • ROCE 2.69 %
  • ROE 1.73 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 49.0%

Cons

  • Stock is trading at 4.86 times its book value
  • The company has delivered a poor sales growth of -1.60% over past five years.
  • Company has a low return on equity of 3.31% over last 3 years.
  • Company's cost of borrowing seems high

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
251.90 245.74 212.68 186.31 236.50 224.92 201.98 187.34 201.11 192.81 178.41 180.64 206.06
241.09 230.74 200.43 180.18 226.01 209.48 188.79 175.90 192.52 183.86 173.20 174.54 199.91
Operating Profit 10.81 15.00 12.25 6.13 10.49 15.44 13.19 11.44 8.59 8.95 5.21 6.10 6.15
OPM % 4.29% 6.10% 5.76% 3.29% 4.44% 6.86% 6.53% 6.11% 4.27% 4.64% 2.92% 3.38% 2.98%
2.22 0.03 2.05 0.08 0.04 0.06 0.04 1.17 0.05 0.22 2.72 0.28 0.06
Interest 0.59 0.72 0.51 0.72 0.89 0.58 0.99 1.20 0.78 0.43 0.47 0.74 0.48
Depreciation 5.31 5.29 5.27 5.25 5.56 5.58 5.52 5.23 5.34 5.33 5.26 5.36 5.52
Profit before tax 7.13 9.02 8.52 0.24 4.08 9.34 6.72 6.18 2.52 3.41 2.20 0.28 0.21
Tax % 26.51% 25.28% 25.82% 8.33% 26.23% 26.87% 25.30% 26.54% 25.79% 26.10% 32.73% 28.57% 76.19%
5.24 6.74 6.32 0.22 3.01 6.83 5.02 4.54 1.87 2.52 1.48 0.20 0.05
EPS in Rs 2.15 2.77 2.59 0.09 1.24 2.80 2.06 1.86 0.77 1.03 0.61 0.08 0.02
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
789 764 760 782 805 812 824 835 893 917 850 760 758
724 694 699 725 744 746 759 777 830 862 804 725 732
Operating Profit 65 70 61 57 61 66 65 59 62 54 46 34 26
OPM % 8% 9% 8% 7% 8% 8% 8% 7% 7% 6% 5% 5% 3%
2 -0 0 0 5 1 4 3 1 4 -0 4 3
Interest 0 2 1 6 5 0 0 2 2 2 3 3 2
Depreciation 7 11 15 16 17 18 17 19 19 21 22 21 21
Profit before tax 61 57 45 35 45 49 51 41 43 35 20 14 6
Tax % 31% 25% 18% 35% 38% 35% 33% 17% 27% 26% 26% 27%
42 43 37 23 28 32 34 34 31 26 15 10 4
EPS in Rs 17.19 17.49 15.15 9.52 11.35 12.95 14.05 13.89 12.83 10.61 6.19 4.27 1.74
Dividend Payout % 12% 11% 13% 21% 18% 19% 18% 22% 23% 28% 48% 70%
Compounded Sales Growth
10 Years: 0%
5 Years: -2%
3 Years: -5%
TTM: -7%
Compounded Profit Growth
10 Years: -15%
5 Years: -24%
3 Years: -35%
TTM: -85%
Stock Price CAGR
10 Years: 5%
5 Years: 10%
3 Years: 1%
1 Year: 15%
Return on Equity
10 Years: 7%
5 Years: 5%
3 Years: 3%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 24 24 24 24 24 24 24 24 24 24 24 24 24
Reserves 221 258 289 313 282 315 352 384 412 438 462 476 468
0 15 26 96 18 0 0 21 14 50 62 42 13
79 78 85 75 85 96 91 75 93 104 88 98 121
Total Liabilities 324 376 425 508 409 436 468 505 543 616 636 641 625
79 125 152 178 197 193 180 213 295 301 305 320 321
CWIP 48 38 47 43 16 15 12 55 8 11 26 30 29
Investments 0 0 0 0 0 0 35 14 6 0 0 0 0
198 212 226 286 196 227 240 223 235 304 305 291 276
Total Assets 324 376 425 508 409 436 468 505 543 616 636 641 625

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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 99 60 31 43 62 -30 22 63
-43 -47 -42 -43 -14 -38 -37 -43 -43 -11 -43 -37
-5 7 4 59 -82 -14 1 1 -13 34 22 -19
Net Cash Flow -30 -5 3 -3 3 8 -4 1 7 -6 1 6

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 72 61 55 80 105 127 136
Days Payable 32 29 33 29 41 49 46 34 41 45 41 55
Cash Conversion Cycle 30 52 67 94 66 45 51 54 55 92 116 113
Working Capital Days 27 31 35 68 41 36 52 53 47 70 82 79
ROCE % 27% 22% 14% 11% 12% 15% 14% 10% 10% 7% 5% 3%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 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%
7.63% 7.66% 7.67% 7.84% 7.92% 7.88% 7.89% 7.85% 7.89% 7.85% 0.70% 0.79%
3.49% 4.59% 4.66% 8.92% 9.62% 9.98% 10.43% 10.76% 11.27% 11.32% 7.93% 7.94%
34.83% 33.71% 33.63% 29.58% 30.20% 29.91% 29.39% 29.09% 28.63% 29.05% 39.60% 39.49%
2.28% 2.26% 2.26% 1.88% 0.48% 0.44% 0.52% 0.51% 0.43% 0.00% 0.00% 0.00%
No. of Shareholders 15,91215,85015,89215,96315,19218,33214,75414,28414,14114,97016,77716,287

* 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