Ishan International Ltd
Incorporated in 1995, Ishan International Limited is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning, and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants, and pollution control systems.[1]
- Market Cap ₹ 54.1 Cr.
- Current Price ₹ 2.50
- High / Low ₹ 6.10 / 0.78
- Stock P/E 129
- Book Value ₹ 1.07
- Dividend Yield 0.00 %
- ROCE 6.00 %
- ROE 3.33 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Debtor days have improved from 169 to 134 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Earnings include an other income of Rs.1.77 Cr.
* 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: Engineering Industry: Engineering
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|
| 21.12 | 35.70 | 31.35 | |
| 18.71 | 34.44 | 31.22 | |
| Operating Profit | 2.41 | 1.26 | 0.13 |
| OPM % | 11.41% | 3.53% | 0.41% |
| 0.35 | 0.25 | 1.77 | |
| Interest | 0.87 | 0.65 | 0.56 |
| Depreciation | 0.05 | 0.18 | 0.18 |
| Profit before tax | 1.84 | 0.68 | 1.16 |
| Tax % | 32.07% | 23.53% | |
| 1.24 | 0.52 | 0.99 | |
| EPS in Rs | 0.08 | 0.02 | 0.04 |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 291% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 201% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|
| Equity Capital | 4.93 | 7.21 | 7.21 |
| Reserves | 1.27 | 16.61 | 15.93 |
| 8.51 | 4.83 | 5.29 | |
| 6.98 | 6.49 | 4.70 | |
| Total Liabilities | 21.69 | 35.14 | 33.13 |
| 1.62 | 1.46 | 1.81 | |
| CWIP | 0.00 | 0.00 | 0.00 |
| Investments | 0.84 | 4.34 | 0.84 |
| 19.23 | 29.34 | 30.48 | |
| Total Assets | 21.69 | 35.14 | 33.13 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | |
|---|---|---|
| -0.49 | -9.51 | |
| 0.48 | -3.58 | |
| 0.30 | 12.95 | |
| Net Cash Flow | 0.30 | -0.15 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | |
|---|---|---|
| Debtor Days | 205.31 | 133.63 |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 205.31 | 133.63 |
| Working Capital Days | 174.03 | 183.22 |
| ROCE % | 6.00% |
Documents
Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 15 April 2024
- Outcome of Board Meeting 6 April 2024
- Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent 4 April 2024
- Trading Window-XBRL 4 April 2024
- Outcome of Board Meeting 29 March 2024
Business Area[1] Ishan International Ltd. is an ISO 9001: 2015 certified Company, GoI certified Star Export House, and a diversified heavy engineering company with 26+ years of experience in selling heavy engineering equipment in international markets. It is engaged in contracting and building projects that focus on supplying machines, erection/installation, commissioning, and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants, and pollution control systems