Foseco India Ltd
₹ 2,763
1.49%
31 May
- close price
About
Incorporated in 1958, Foseco India Limited is engaged in the manufacture of products used in the metallurgical industry which are in the nature of additives and consumables that improve the physical properties and performance of castings. [1]
Key Points
- Market Cap ₹ 1,769 Cr.
- Current Price ₹ 2,763
- High / Low ₹ 2,786 / 1,400
- Stock P/E 36.9
- Book Value ₹ 374
- Dividend Yield 0.90 %
- ROCE 27.7 %
- ROE 20.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 55.5%
Cons
- Stock is trading at 7.38 times its book value
- The company has delivered a poor sales growth of 2.61% over past five years.
* 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
233 | 247 | 227 | 263 | 292 | 340 | 358 | 362 | 323 | 251 | 338 | 407 | 419 | |
193 | 211 | 196 | 224 | 241 | 285 | 306 | 312 | 276 | 230 | 294 | 343 | 356 | |
Operating Profit | 40 | 36 | 31 | 39 | 51 | 55 | 51 | 51 | 46 | 21 | 44 | 63 | 63 |
OPM % | 17% | 15% | 13% | 15% | 17% | 16% | 14% | 14% | 14% | 8% | 13% | 16% | 15% |
2 | 2 | 2 | 3 | 2 | 2 | 3 | 4 | 8 | 6 | 6 | 7 | 10 | |
Interest | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 6 | 6 | 9 | 9 |
Profit before tax | 37 | 32 | 27 | 38 | 48 | 51 | 48 | 50 | 50 | 21 | 43 | 61 | 64 |
Tax % | 32% | 32% | 34% | 35% | 34% | 36% | 34% | 36% | 30% | 27% | 25% | 25% | |
Net Profit | 25 | 22 | 18 | 25 | 32 | 33 | 32 | 32 | 35 | 15 | 33 | 46 | 48 |
EPS in Rs | 39.58 | 34.17 | 27.90 | 38.50 | 49.68 | 51.80 | 49.43 | 50.17 | 54.07 | 24.18 | 51.15 | 71.98 | 75.14 |
Dividend Payout % | 46% | 41% | 88% | 55% | 53% | 44% | 51% | 50% | 46% | 62% | 49% | 56% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 3% |
3 Years: | 8% |
TTM: | 20% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 10% |
TTM: | 35% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 14% |
3 Years: | 40% |
1 Year: | 76% |
Return on Equity | |
---|---|
10 Years: | 21% |
5 Years: | 18% |
3 Years: | 16% |
Last Year: | 21% |
Balance Sheet
Figures in Rs. Crores
Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |
Reserves | 72 | 83 | 83 | 91 | 103 | 118 | 139 | 150 | 165 | 176 | 202 | 233 |
11 | 10 | 8 | 6 | 4 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | |
44 | 42 | 50 | 48 | 50 | 57 | 75 | 82 | 77 | 80 | 86 | 106 | |
Total Liabilities | 133 | 141 | 147 | 152 | 163 | 183 | 221 | 238 | 249 | 263 | 294 | 345 |
26 | 31 | 28 | 26 | 26 | 26 | 23 | 20 | 34 | 31 | 35 | 31 | |
CWIP | 2 | 0 | 0 | 1 | 1 | 0 | 1 | 6 | 2 | 5 | 0 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
104 | 110 | 119 | 125 | 136 | 157 | 197 | 213 | 213 | 227 | 259 | 313 | |
Total Assets | 133 | 141 | 147 | 152 | 163 | 183 | 221 | 238 | 249 | 263 | 294 | 345 |
Cash Flows
Figures in Rs. Crores
Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 20 | 22 | 25 | 17 | 32 | 66 | 47 | 47 | 30 | 20 | 59 | |
-6 | -7 | -1 | -1 | -4 | -6 | 2 | -5 | -9 | -2 | -0 | -3 | |
-15 | -12 | -14 | -22 | -25 | -20 | -17 | -22 | -19 | -3 | -6 | -16 | |
Net Cash Flow | -9 | 1 | 7 | 2 | -12 | 6 | 51 | 21 | 19 | 25 | 13 | 40 |
Ratios
Figures in Rs. Crores
Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 100 | 99 | 103 | 101 | 113 | 107 | 103 | 88 | 82 | 94 | 80 | 76 |
Inventory Days | 25 | 23 | 32 | 32 | 35 | 35 | 29 | 36 | 39 | 32 | 43 | 32 |
Days Payable | 86 | 77 | 86 | 73 | 80 | 81 | 109 | 111 | 130 | 173 | 136 | 139 |
Cash Conversion Cycle | 38 | 45 | 49 | 60 | 68 | 61 | 23 | 12 | -8 | -46 | -13 | -31 |
Working Capital Days | 56 | 54 | 49 | 56 | 72 | 70 | 45 | 31 | 20 | 3 | 21 | 11 |
ROCE % | 45% | 35% | 29% | 38% | 45% | 44% | 36% | 33% | 30% | 12% | 22% | 28% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 2d
- Shareholder Meeting / Postal Ballot-Outcome of AGM 26 May
-
Announcement under Regulation 30 (LODR)-Meeting Updates
26 May - Was delivered by the Chairman at the 66th AGM of the Company that was held on 24th May 2023
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 26 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 8 May
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Products and Services
Foseco is a leading supplier of consumable products, solutions and associated services in various areas of the foundry process. The Co’s key products and services include Industrial Dry Powders, Coating Products, Resin Products, Ceramic Filters and Exothermic Sleeves. [1][2][3]