Italian Edibles Ltd

Italian Edibles Ltd

₹ 34.8 1.46%
26 Jul - close price
About

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]

Key Points

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.

  • 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

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Half Yearly Results

Figures in Rs. Crores

Mar 2023 Sep 2023 Mar 2024
32.11 36.10 37.52
28.28 32.03 33.71
Operating Profit 3.83 4.07 3.81
OPM % 11.93% 11.27% 10.15%
0.02 0.04 -0.36
Interest 0.98 0.75 1.36
Depreciation 0.89 0.67 0.67
Profit before tax 1.98 2.69 1.42
Tax % 20.20% 31.97% 11.27%
1.59 1.83 1.26
EPS in Rs 1.69 0.85
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Mar 2024
73.47%
0.04%
26.49%
No. of Shareholders 1,494

* 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.

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