Brand Concepts Ltd
Brand Concepts Ltd specializes in the manufacturing of bags, backpacks & fashion accessories for the Indian & International markets. [1]
- Market Cap ₹ 830 Cr.
- Current Price ₹ 739
- High / Low ₹ 966 / 216
- Stock P/E 69.7
- Book Value ₹ 46.4
- Dividend Yield 0.14 %
- ROCE 32.0 %
- ROE 42.7 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 34.5% CAGR over last 5 years
- Debtor days have improved from 164 to 71.6 days.
- Company's working capital requirements have reduced from 191 days to 88.3 days
Cons
- Stock is trading at 16.0 times its book value
- Company has a low return on equity of 6.41% over last 3 years.
- Promoter holding has decreased over last 3 years: -11.0%
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
20 | 22 | 39 | 51 | 62 | 68 | 82 | 71 | 43 | 86 | 163 | 234 | |
19 | 23 | 34 | 46 | 56 | 61 | 74 | 67 | 44 | 78 | 142 | 206 | |
Operating Profit | 1 | -1 | 4 | 5 | 6 | 7 | 8 | 4 | -2 | 8 | 21 | 28 |
OPM % | 5% | -5% | 11% | 10% | 10% | 11% | 10% | 6% | -4% | 9% | 13% | 12% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | |
Interest | 1 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 6 | 5 | 5 | 6 |
Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 | 3 | 5 |
Profit before tax | 0 | -3 | 0 | 1 | 2 | 3 | 4 | -1 | -9 | 1 | 13 | 18 |
Tax % | 32% | 29% | -595% | 34% | 36% | 26% | 29% | 21% | 26% | 28% | 25% | |
0 | -2 | 1 | 1 | 1 | 2 | 3 | -1 | -6 | 1 | 10 | 12 | |
EPS in Rs | 2.25 | -18.83 | 1.89 | 1.30 | 2.06 | 2.13 | 2.52 | -1.05 | -5.95 | 0.72 | 9.49 | 10.98 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 32% |
TTM: | 58% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 34% |
3 Years: | 122% |
TTM: | 36% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 65% |
3 Years: | 213% |
1 Year: | 220% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 6% |
Last Year: | 43% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 7 | 7 | 7 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 1 | -1 | -6 | -5 | -4 | 13 | 16 | 14 | 7 | 8 | 17 | 40 |
Preference Capital | 0 | 0 | 0 | 2 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | |
10 | 14 | 13 | 14 | 20 | 23 | 23 | 24 | 35 | 32 | 35 | 41 | |
7 | 7 | 11 | 15 | 24 | 19 | 29 | 35 | 23 | 25 | 32 | 67 | |
Total Liabilities | 19 | 22 | 24 | 30 | 47 | 65 | 79 | 84 | 75 | 76 | 95 | 159 |
2 | 3 | 2 | 2 | 4 | 4 | 4 | 4 | 7 | 10 | 15 | 24 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
17 | 19 | 22 | 28 | 43 | 61 | 74 | 80 | 68 | 66 | 79 | 135 | |
Total Assets | 19 | 22 | 24 | 30 | 47 | 65 | 79 | 84 | 75 | 76 | 95 | 159 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 4 | 0 | -4 | -8 | 4 | 6 | -1 | 13 | 12 | |
0 | 0 | -1 | -1 | -2 | -1 | -2 | -1 | 2 | -5 | -9 | |
0 | 0 | -4 | 0 | 7 | 10 | -2 | -3 | -2 | -8 | -3 | |
Net Cash Flow | 0 | 0 | -0 | -0 | 0 | 1 | 0 | 2 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 126 | 135 | 86 | 110 | 124 | 201 | 206 | 219 | 292 | 128 | 72 |
Inventory Days | 196 | 226 | 137 | 113 | 199 | 187 | 185 | 298 | 334 | 176 | 132 |
Days Payable | 146 | 167 | 105 | 131 | 141 | 166 | 203 | 312 | 300 | 161 | 115 |
Cash Conversion Cycle | 176 | 194 | 118 | 91 | 182 | 223 | 187 | 204 | 326 | 142 | 88 |
Working Capital Days | 158 | 147 | 73 | 82 | 126 | 196 | 174 | 197 | 338 | 146 | 88 |
ROCE % | -12% | 26% | 22% | 17% | 15% | 6% | -7% | 11% | 32% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Outcome of EGM 8 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 4 Apr
- Compliance Certificate For The Quarter Ended 31St March, 2024 4 Apr
- Compliance Reg 40(9) Of SEBI (LODR) 2015. 3 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations for quarter ended March'' 24.
Annual reports
Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Jul 2022TranscriptNotesPPT
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May 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
Business Model
The Company enters into franchise or trademark license agreements with reputed brands.
Analyses the brand and other factors and creates a product design, a sample is manufactured, and on approval from the brand, it outsources its manufacturing activities to the manufacturers located in India and China (majorly). [1]