International Conveyors Ltd
₹ 87.0
-2.00%
16 Dec
3:40 p.m.
About
Incorporated in 1973, International Conveyors
Ltd is engaged in the manufacturing of Conveyor Belting[1]
Key Points
- Market Cap ₹ 552 Cr.
- Current Price ₹ 87.0
- High / Low ₹ 125 / 70.0
- Stock P/E 6.55
- Book Value ₹ 52.5
- Dividend Yield 1.31 %
- ROCE 23.8 %
- ROE 23.8 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 64.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 25.9%
Cons
- The company has delivered a poor sales growth of 9.38% over past five years.
- Earnings include an other income of Rs.105 Cr.
- Debtor days have increased from 43.4 to 56.3 days.
- Working capital days have increased from 229 days to 365 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: Plantation & Plantation Products Industry: Miscellaneous
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Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 116 | 132 | 96 | 84 | 60 | 56 | 86 | 99 | 169 | 205 | 215 | 134 | 120 | |
| 92 | 115 | 91 | 86 | 54 | 59 | 86 | 88 | 149 | 186 | 186 | 113 | 103 | |
| Operating Profit | 25 | 17 | 5 | -2 | 6 | -3 | -0 | 11 | 20 | 20 | 29 | 21 | 16 |
| OPM % | 21% | 13% | 5% | -2% | 10% | -5% | -0% | 11% | 12% | 10% | 14% | 16% | 14% |
| 4 | 3 | 4 | 6 | 8 | 8 | 9 | 4 | 9 | 14 | 14 | 67 | 105 | |
| Interest | 6 | 5 | 5 | 6 | 6 | 7 | 10 | 10 | 5 | 4 | 4 | 9 | 9 |
| Depreciation | 7 | 6 | 5 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 15 | 9 | -1 | -5 | 5 | -4 | -4 | 3 | 22 | 27 | 37 | 77 | 110 |
| Tax % | 29% | 48% | 269% | -13% | 34% | 46% | 41% | -98% | 25% | 40% | 23% | 19% | |
| 10 | 5 | -3 | -4 | 3 | -7 | -6 | 6 | 17 | 16 | 29 | 62 | 84 | |
| EPS in Rs | 1.55 | 0.70 | -0.44 | -0.66 | 0.49 | -1.10 | -0.85 | 0.94 | 2.46 | 2.40 | 4.36 | 9.84 | 13.27 |
| Dividend Payout % | 16% | 36% | -57% | -8% | 10% | -5% | -6% | 21% | 41% | 42% | 25% | 11% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 9% |
| 3 Years: | -8% |
| TTM: | -33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 29% |
| 5 Years: | 64% |
| 3 Years: | 52% |
| TTM: | 63% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 29% |
| 3 Years: | 8% |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 14% |
| 3 Years: | 16% |
| Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 6 | 6 | 6 |
| Reserves | 68 | 71 | 68 | 62 | 117 | 143 | 140 | 116 | 147 | 210 | 209 | 267 | 326 |
| 53 | 55 | 58 | 58 | 40 | 65 | 102 | 63 | 46 | 20 | 65 | 125 | 92 | |
| 21 | 23 | 24 | 11 | 11 | 15 | 18 | 22 | 28 | 69 | 31 | 42 | 64 | |
| Total Liabilities | 149 | 155 | 157 | 138 | 176 | 230 | 266 | 207 | 228 | 305 | 311 | 439 | 488 |
| 33 | 28 | 24 | 23 | 21 | 19 | 17 | 15 | 17 | 17 | 16 | 15 | 14 | |
| CWIP | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 32 | 32 | 42 | 42 | 101 | 143 | 170 | 102 | 147 | 119 | 157 | 252 | 249 |
| 82 | 92 | 88 | 71 | 52 | 67 | 78 | 89 | 64 | 168 | 138 | 172 | 225 | |
| Total Assets | 149 | 155 | 157 | 138 | 176 | 230 | 266 | 207 | 228 | 305 | 311 | 439 | 488 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13 | 18 | 9 | 12 | 16 | -14 | 5 | 3 | 49 | 37 | 4 | 12 | |
| 6 | -13 | -8 | -3 | 7 | -4 | -32 | 46 | -26 | 1 | -18 | -48 | |
| -18 | -1 | -3 | -8 | -24 | 18 | 26 | -49 | -24 | -37 | 15 | 34 | |
| Net Cash Flow | 0 | 3 | -2 | 1 | -1 | 0 | -1 | 0 | -0 | 0 | 0 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 97 | 64 | 96 | 69 | 50 | 141 | 110 | 107 | 36 | 45 | 29 | 56 |
| Inventory Days | 145 | 108 | 159 | 128 | 198 | 138 | 74 | 220 | 90 | 88 | 71 | 161 |
| Days Payable | 104 | 73 | 93 | 51 | 75 | 128 | 80 | 108 | 77 | 111 | 69 | 113 |
| Cash Conversion Cycle | 139 | 99 | 162 | 146 | 173 | 151 | 104 | 220 | 50 | 22 | 31 | 105 |
| Working Capital Days | 156 | 134 | 193 | 203 | 226 | 291 | 181 | 175 | 58 | 165 | 157 | 365 |
| ROCE % | 16% | 11% | 3% | 0% | 7% | 1% | 3% | 7% | 14% | 14% | 16% | 24% |
Documents
Announcements
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Board Comments On Fine Imposed By Stock Exchange
10 Dec - Board comments on fine for non-compliance with SEBI regulations.
- Financial Results For The Quarter And Half Year Ended 30.09.2024 10 Dec
-
Announcement under Regulation 30 (LODR)-Acquisition
9 Dec - International Conveyors Limited acquires 1,41,573 shares of Aptech Ltd.
-
Announcement Under Regulation 30
7 Dec - Reconstitution of Stakeholders Relationship and CSR Committees.
-
Announcement under Regulation 30 (LODR)-Change in Management
6 Dec - Appointment of Shri Yogesh Kajaria as Chairman & Managing Director.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Concalls
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Sep 2024TranscriptNotesPPT
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Jun 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Sep 2023TranscriptNotesPPT
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Jun 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Sep 2022TranscriptNotesPPT
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Jun 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
Business Overview:[1][2][3]
ICL is an ISO 9001:2015-certified company and India’s only listed player in PVC Conveyor Belting, a critical consumable for high-growth sectors like mining and bulk transportation of materials such as coal, potash, and salt.
- The company specializes in solid woven conveyor belting for both underground and above-ground applications.
- Its in-house design team manages the entire process, from preliminary system designs involving power and tension calculations to detailed design.
- In addition to its core manufacturing operations, ICL also engages in the trading of steel cord conveyor belts and fasteners.
- The company has a treasury segment that focuses on investments in equity instruments, inter-corporate deposits, and mutual funds.