AVT Natural Products Ltd

₹ 103 5.26%
06 Oct 4:01 p.m.
About

AVT Natural Products Limited is a part of the A.V. Thomas Group. The Company is engaged in the business of manufacturing plant-based extracts and natural ingredients solutions for the food, beverage, animal nutrition and nutraceutical industries of the world. [1]

Key Points

Products
The main products of the Co. are - Marigold Extracts for Eye Care, Food Coloring & Poultry Pigmentation; Spice oleoresin and Oils for Food Coloring and Flavoring; Value added Teas - Decaffeinated Teas and Instant Teas; Animal Nutrition Products; and Rosemary extract. [1]

  • Market Cap 1,570 Cr.
  • Current Price 103
  • High / Low 136 / 64.0
  • Stock P/E 19.8
  • Book Value 25.0
  • Dividend Yield 0.97 %
  • ROCE 26.0 %
  • ROE 20.1 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 21.9% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 23.6%

Cons

* 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 Jun 2022
70 107 117 91 101 115 129 124 132 139 145 126 150
61 91 94 80 87 102 104 108 109 115 107 108 116
Operating Profit 9 16 23 11 14 13 25 16 23 24 38 18 34
OPM % 13% 15% 20% 12% 14% 11% 20% 13% 17% 17% 26% 14% 23%
1 1 2 3 0 1 2 4 2 2 2 4 1
Interest 2 1 1 1 0 1 1 1 1 1 1 1 0
Depreciation 3 3 4 3 4 4 4 3 4 4 4 3 3
Profit before tax 5 13 20 10 10 10 22 16 20 21 35 18 31
Tax % 5% 35% 26% 6% 26% 25% 26% 28% 26% 25% 28% 19% 26%
Net Profit 5 9 14 10 8 7 16 11 15 16 25 15 23
EPS in Rs 0.34 0.56 0.95 0.63 0.50 0.47 1.08 0.74 0.97 1.04 1.67 0.96 1.54
Raw PDF

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 TTM
139 218 256 271 257 267 307 300 330 385 470 542 560
114 134 171 192 207 227 263 270 289 325 402 439 446
Operating Profit 25 84 85 79 50 41 44 30 41 60 69 103 114
OPM % 18% 38% 33% 29% 20% 15% 14% 10% 12% 15% 15% 19% 20%
-0 1 0 4 3 1 6 12 4 7 7 9 9
Interest 5 6 6 2 3 1 1 2 4 4 3 3 3
Depreciation 3 3 4 5 6 6 7 7 11 14 15 14 14
Profit before tax 16 75 76 76 44 35 42 33 30 49 58 94 106
Tax % 34% 33% 33% 33% 32% 33% 33% 35% 30% 22% 26% 25%
Net Profit 11 50 51 51 30 23 28 21 21 38 42 71 79
EPS in Rs 0.71 3.32 3.33 3.35 1.98 1.53 1.83 1.40 1.39 2.48 2.79 4.64 5.21
Dividend Payout % 35% 19% 19% 22% 25% 26% 22% 28% 29% 24% 25% 22%
Compounded Sales Growth
10 Years: 10%
5 Years: 12%
3 Years: 18%
TTM: 12%
Compounded Profit Growth
10 Years: 3%
5 Years: 22%
3 Years: 50%
TTM: 60%
Stock Price CAGR
10 Years: 17%
5 Years: 20%
3 Years: 64%
1 Year: 21%
Return on Equity
10 Years: 16%
5 Years: 13%
3 Years: 16%
Last Year: 20%

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
8 8 8 15 15 15 15 15 15 15 15 15
Reserves 48 88 127 158 178 194 220 233 246 273 307 365
52 31 26 0 0 0 0 23 65 25 37 11
27 54 52 64 42 37 35 58 49 57 63 55
Total Liabilities 134 181 213 237 236 246 271 329 376 370 422 446
36 38 44 50 53 58 57 56 98 99 89 82
CWIP 0 0 3 0 2 1 0 28 0 0 0 2
Investments 3 3 5 23 16 37 47 40 17 17 24 45
96 140 162 164 166 150 166 205 261 254 309 317
Total Assets 134 181 213 237 236 246 271 329 376 370 422 446

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
0 43 32 66 14 38 20 13 -27 72 6 69
-1 -4 -15 -22 -1 -32 -10 -29 4 -14 -11 -29
1 -37 -19 -37 -14 -9 -8 14 26 -53 -1 -42
Net Cash Flow -0 1 -2 7 -1 -3 2 -1 2 5 -6 -1

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 142 61 55 53 61 64 74 78 80 69 86 71
Inventory Days 142 344 296 267 271 185 178 197 335 232 239 257
Days Payable 44 66 38 67 33 22 39 83 69 44 62 48
Cash Conversion Cycle 240 339 313 253 299 227 213 192 346 257 263 280
Working Capital Days 184 135 155 125 167 151 148 159 224 171 187 173
ROCE % 21% 70% 57% 47% 26% 17% 18% 13% 11% 16% 18% 26%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
74.81 74.96 74.96 74.96 74.96 74.96 74.96 74.96 75.00 75.00 75.00 75.00
0.03 0.03 0.03 0.00 0.00 0.00 0.00 0.00 0.02 0.02 0.07 0.09
0.02 0.02 0.05 0.06 0.02 0.02 0.02 0.02 0.02 0.01 0.01 0.02
25.14 24.98 24.95 24.98 25.02 25.02 25.02 25.02 24.96 24.97 24.92 24.89

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