Italian Edibles Ltd
Italian Edibles Limited offers a wide range of confectionery products such as Rabdi [Meethai Sweet], milk paste, chocolate paste, lollipops, candies, jelly sweets, multigrain puffed buns, and fruit-based products under its OfCour's brand.[1]
- Market Cap ₹ 51.4 Cr.
- Current Price ₹ 34.8
- High / Low ₹ 61.4 / 30.1
- Stock P/E 15.2
- Book Value ₹ 27.6
- Dividend Yield 0.00 %
- ROCE 23.7 %
- ROE 31.4 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: FMCG Industry: Food - Processing - Indian
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
48.90 | 75.34 | 63.07 | 73.62 | |
45.25 | 70.74 | 56.11 | 65.74 | |
Operating Profit | 3.65 | 4.60 | 6.96 | 7.88 |
OPM % | 7.46% | 6.11% | 11.04% | 10.70% |
0.09 | -0.15 | 0.09 | -0.32 | |
Interest | 1.64 | 1.73 | 1.90 | 2.11 |
Depreciation | 0.98 | 1.35 | 1.78 | 1.33 |
Profit before tax | 1.12 | 1.37 | 3.37 | 4.12 |
Tax % | 23.21% | 42.34% | 21.66% | 24.76% |
0.87 | 0.80 | 2.64 | 3.09 | |
EPS in Rs | 2.09 | |||
Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 15% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 60% |
TTM: | 28% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 25% |
Last Year: | 31% |
Balance Sheet
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Equity Capital | 1.50 | 1.71 | 1.71 | 14.78 |
Reserves | 4.34 | 6.43 | 9.07 | 26.06 |
24.93 | 18.15 | 17.31 | 17.19 | |
8.69 | 12.77 | 13.46 | 12.37 | |
Total Liabilities | 39.46 | 39.06 | 41.55 | 70.40 |
5.50 | 5.03 | 3.58 | 10.26 | |
CWIP | 1.22 | 1.06 | 1.07 | 0.11 |
Investments | 0.01 | 0.01 | -0.00 | -0.00 |
32.73 | 32.96 | 36.90 | 60.03 | |
Total Assets | 39.46 | 39.06 | 41.55 | 70.40 |
Cash Flows
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
2.33 | -17.03 | |||
0.27 | -6.83 | |||
-2.69 | 24.31 | |||
Net Cash Flow | -0.08 | 0.45 |
Ratios
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 56.65 | 37.64 | 41.84 | |
Inventory Days | 165.08 | 171.06 | 255.45 | |
Days Payable | 71.31 | 89.50 | 116.68 | |
Cash Conversion Cycle | 150.43 | 119.21 | 180.61 | |
Working Capital Days | 132.86 | 92.53 | 131.54 | |
ROCE % | 11.53% | 19.38% |
Documents
Announcements
- Registrar & Share Transfer Agent Update 26 July 2024
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
30 May 2024 - ITALIAN EDIBLES LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Financial Result Updates
30 May 2024 - Edibles Limited has submitted to the Exchange, the financial results for the period ended March 31, 2024.
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Outcome of Board Meeting
30 May 2024 - Edibles Limited has informed regarding Board meeting held on May 30, 2024.
-
Board Meeting Intimation
21 May 2024 - ITALIAN EDIBLES LIMITED has informed about Board Meeting to be held on 30-May-2024 to inter-alia consider and approve the Audited Financial results of the Company …
Annual reports
No data available.
Product Portfolio[1] IEL sells confectionery products in retail and wholesale packs. Lollipops, Candies, and milk sweetmeat products are available in Pet Jars, polypacks, and cardboard boxes.