Cerebra Integrated Technologies Ltd

Cerebra Integrated Technologies Ltd

₹ 8.09 1.12%
01 Mar 1:33 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 Company's solutions reduces e- waste of used, outdated devices, while making affordable technology available to organizations & individuals through its Cerebra Experience Centres (Stores) pan India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 98.0 Cr.
  • Current Price 8.09
  • High / Low 12.4 / 4.45
  • Stock P/E
  • Book Value 19.5
  • Dividend Yield 0.00 %
  • ROCE 3.36 %
  • ROE 1.05 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.42 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 -22.9% over past five years.
  • Promoter holding is low: 0.23%
  • Company has a low return on equity of 3.79% over last 3 years.
  • Company has high debtors of 596 days.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -6.87%

* 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

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
24 20 21 63 70 77 30 29 13 13 7 18 12
15 20 16 50 55 67 25 25 11 15 13 26 32
Operating Profit 9 1 5 13 15 10 5 4 2 -1 -7 -8 -20
OPM % 37% 3% 23% 21% 21% 12% 17% 14% 16% -11% -97% -44% -167%
0 0 0 0 0 5 0 -0 0 0 0 -5 -8
Interest 3 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 6 -1 4 12 13 12 3 2 0 -5 -8 -15 -30
Tax % 28% -138% 17% 15% 15% 70% 22% 22% 23% 63% 0% -10% 0%
4 -2 3 10 11 4 2 1 0 -2 -8 -16 -30
EPS in Rs 0.35 -0.10 0.21 0.69 1.09 0.29 0.18 0.10 0.03 -0.14 -0.69 -1.33 -2.46
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
163 231 130 267 238 250 314 385 182 70 231 86 50
157 224 128 261 236 237 272 343 149 61 188 76 86
Operating Profit 6 7 3 7 2 13 42 42 33 9 42 10 -36
OPM % 4% 3% 2% 3% 1% 5% 13% 11% 18% 12% 18% 11% -72%
1 1 1 0 3 1 2 -18 -15 0 5 0 -13
Interest 1 1 1 3 3 1 2 4 3 4 6 10 8
Depreciation 1 1 0 1 1 0 0 0 0 0 0 0 0
Profit before tax 5 6 2 3 2 13 42 20 14 4 40 0 -57
Tax % 28% 6% 12% 11% 17% 7% 17% 71% 15% 68% 32% -1,475%
3 6 2 2 2 12 35 6 12 1 27 3 -56
EPS in Rs 0.62 1.11 0.30 0.22 0.17 1.04 2.69 0.36 0.94 0.14 2.26 0.21 -4.62
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -6%
5 Years: -23%
3 Years: -22%
TTM: -67%
Compounded Profit Growth
10 Years: -1%
5 Years: -39%
3 Years: -52%
TTM: -684%
Stock Price CAGR
10 Years: 1%
5 Years: -21%
3 Years: -47%
1 Year: -19%
Return on Equity
10 Years: 5%
5 Years: 5%
3 Years: 4%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 42 45 49 52 66 131 147 173 171 146 148 124
5 5 7 40 19 3 3 4 13 18 32 41 41
100 36 79 59 14 155 109 193 141 73 135 98 96
Total Liabilities 189 131 178 231 181 332 363 466 448 384 425 399 373
10 9 8 7 6 6 9 9 9 10 10 10 10
CWIP 0 0 0 0 0 3 0 0 68 73 3 3 3
Investments 3 0 0 0 1 0 14 0 0 0 0 0 0
176 122 170 224 174 323 340 456 371 301 412 386 360
Total Assets 189 131 178 231 181 332 363 466 448 384 425 399 373

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Sep 2012 Sep 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-10 -0 -1 -6 13 3 -30 -20 -10 -5 -17 -2
-10 -4 -2 -0 1 -3 -17 19 -52 -9 -0 -1
22 -0 -0 69 -9 -1 51 0 1 -6 4 2
Net Cash Flow 1 -5 -4 63 5 -1 4 -1 -61 -21 -14 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 264 95 310 134 96 315 233 321 499 889 299 596
Inventory Days 30 24 39 26 4 4 22 5 34 212 48 269
Days Payable 231 39 208 72 16 247 134 193 302 290 186 310
Cash Conversion Cycle 63 81 140 87 84 71 121 133 231 811 161 556
Working Capital Days 87 74 149 88 77 93 141 155 283 712 188 544
ROCE % 7% 7% 3% 4% 3% 8% 20% 18% 12% 3% 15% 3%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
7.30% 7.10% 7.10% 7.10% 5.05% 5.05% 5.05% 2.79% 0.23% 0.23% 0.23% 0.23%
5.69% 0.01% 0.02% 0.31% 0.19% 7.98% 0.73% 0.08% 0.01% 0.01% 0.01% 0.01%
17.90% 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%
69.11% 75.48% 75.47% 75.18% 77.35% 77.16% 94.17% 97.08% 99.71% 99.70% 99.70% 99.70%
No. of Shareholders 14,00317,51916,85618,91123,83227,76030,50140,50140,74340,56239,99039,696

* 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

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