Cerebra Integrated Technologies Ltd

Cerebra Integrated Technologies Ltd

₹ 7.78 1.04%
24 Apr 3:31 p.m.
About

Incorporated in 1992, Cerebra Integrated Technologies Ltd is in the business of e-waste recycling, refining and refurbishment, electronic manufacturing services and IT infrastructure management[1]

Key Points

Business Overview:[1]
CITL is a recycling and refurbishment company. It purchases end-of-life e-waste products and offers recycling and refurbishing services to major brands. Company's solutions reduces e- waste of used, outdated devices, while making affordable technology available to organizations & individuals through its Cerebra Experience Centres (Stores) pan India

  • Market Cap 94.2 Cr.
  • Current Price 7.78
  • High / Low 12.4 / 4.45
  • Stock P/E
  • Book Value 19.9
  • Dividend Yield 0.00 %
  • ROCE 3.29 %
  • ROE 1.03 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.39 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -13.1% over past five years.
  • Promoter holding is low: 0.23%
  • Company has a low return on equity of 4.66% over last 3 years.
  • Company has high debtors of 593 days.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -6.87%
  • Working capital days have increased from 349 days to 546 days

* 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: IT - Hardware Industry: Computers - Hardware

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
19 20 21 63 70 77 30 29 13 13 7 18 12
8 17 16 49 55 69 25 25 11 15 13 26 32
Operating Profit 10 2 5 14 15 8 5 4 2 -1 -7 -8 -20
OPM % 55% 11% 25% 22% 22% 11% 17% 14% 16% -11% -97% -44% -167%
0 0 0 0 0 5 0 -0 0 0 0 -5 -8
Interest 2 1 1 2 1 2 2 2 2 3 2 2 2
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 8 1 4 12 14 11 3 2 0 -5 -8 -15 -30
Tax % 21% 123% 15% 15% 15% 78% 22% 22% 22% 135% 0% -10% 0%
6 -0 3 10 12 2 2 1 0 2 -8 -16 -30
EPS in Rs 0.51 -0.01 0.28 0.83 0.96 0.20 0.18 0.10 0.03 0.14 -0.69 -1.33 -2.46
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Sep 2012 Sep 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
95 123 61 130 134 146 174 261 100 64 231 86 50
91 121 61 130 136 143 155 225 73 52 189 76 86
Operating Profit 4 2 0 0 -2 3 19 36 26 12 42 10 -36
OPM % 4% 2% 0% 0% -1% 2% 11% 14% 27% 18% 18% 11% -72%
1 1 0 0 4 1 2 -18 -15 0 5 0 -13
Interest 0 0 0 0 1 0 1 3 2 4 6 10 8
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 4 3 0 -1 1 4 20 15 9 7 40 0 -57
Tax % 14% -19% 0% 0% 25% 37% 93% 25% 37% 32% -1,388%
4 4 0 -1 1 3 13 1 7 5 27 3 -53
EPS in Rs 0.80 0.74 0.00 -0.09 0.10 0.26 1.05 0.09 0.54 0.38 2.26 0.21 -4.34
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -1%
5 Years: -13%
3 Years: -5%
TTM: -67%
Compounded Profit Growth
10 Years: -3%
5 Years: -26%
3 Years: -49%
TTM: -735%
Stock Price CAGR
10 Years: -1%
5 Years: -22%
3 Years: -46%
1 Year: 5%
Return on Equity
10 Years: 4%
5 Years: 5%
3 Years: 5%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Sep 2012 Sep 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 48 48 48 84 96 108 120 121 121 121 112 112 112
Reserves 36 40 41 42 43 47 100 103 110 114 151 153 129
0 0 0 25 13 1 0 1 5 12 32 41 41
84 13 52 32 5 141 91 175 111 47 136 99 97
Total Liabilities 169 101 141 183 158 297 311 401 347 294 431 405 379
7 7 7 6 6 6 9 9 9 10 10 10 10
CWIP 0 0 0 0 0 3 0 0 1 7 3 3 3
Investments 8 4 4 4 1 0 14 4 4 4 0 0 0
155 90 130 173 151 288 288 388 333 274 418 392 366
Total Assets 169 101 141 183 158 297 311 401 347 294 431 405 379

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Sep 2012 Sep 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-13 -2 2 -1 7 1 -33 -13 -60 -6 -17 -2
-8 1 -2 0 0 -3 -15 11 0 -7 -0 -1
21 -4 -3 63 -1 0 52 2 -1 -4 4 2
Net Cash Flow 0 -5 -3 62 6 -1 5 -1 -61 -17 -14 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Sep 2012 Sep 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 394 109 456 166 82 436 293 373 534 410 299 593
Inventory Days 3 3 7 6 6 5 38 6 72 236 48 269
Days Payable 356 29 307 87 6 362 212 272 539 188 186 310
Cash Conversion Cycle 41 82 156 85 82 80 119 107 67 458 161 553
Working Capital Days 112 101 219 107 91 96 147 148 219 313 189 546
ROCE % 7% 4% 0% -0% 1% 3% 11% 19% 13% 5% 17% 3%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
7.10% 7.10% 7.10% 5.05% 5.05% 5.05% 2.79% 0.23% 0.23% 0.23% 0.23% 0.84%
0.01% 0.02% 0.31% 0.19% 7.98% 0.73% 0.08% 0.01% 0.01% 0.01% 0.01% 0.01%
17.41% 17.41% 17.41% 17.41% 9.82% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
75.48% 75.47% 75.18% 77.35% 77.16% 94.17% 97.08% 99.71% 99.70% 99.70% 99.70% 99.09%
No. of Shareholders 17,51916,85618,91123,83227,76030,50140,50140,74340,56239,99039,69639,538

* 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