Phoenix International Ltd
Incorporated in 1995, Phoenix International
Ltd is in the business of leasing out building
and is a manufacturer and supplier of Shoe Uppers in Chennai, India.
- Market Cap ₹ 58.6 Cr.
- Current Price ₹ 34.9
- High / Low ₹ 34.9 / 19.5
- Stock P/E 28.2
- Book Value ₹ 203
- Dividend Yield 0.00 %
- ROCE 2.31 %
- ROE 0.68 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.17 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.79% over past five years.
- Company has a low return on equity of 0.53% over last 3 years.
- Company has high debtors of 314 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: Leather Industry: Leather / Leather Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
29.16 | 35.32 | 36.83 | 39.17 | 37.39 | 40.90 | 39.26 | 42.51 | 42.98 | 24.11 | 26.97 | 32.37 | 28.85 | |
18.51 | 22.61 | 27.00 | 30.45 | 28.19 | 29.08 | 24.51 | 28.19 | 28.53 | 8.28 | 13.18 | 19.52 | 16.20 | |
Operating Profit | 10.65 | 12.71 | 9.83 | 8.72 | 9.20 | 11.82 | 14.75 | 14.32 | 14.45 | 15.83 | 13.79 | 12.85 | 12.65 |
OPM % | 36.52% | 35.99% | 26.69% | 22.26% | 24.61% | 28.90% | 37.57% | 33.69% | 33.62% | 65.66% | 51.13% | 39.70% | 43.85% |
0.73 | 0.11 | 0.91 | 0.18 | 0.87 | 1.51 | 0.38 | 2.98 | 3.34 | 1.03 | 0.13 | 0.64 | 0.58 | |
Interest | 7.87 | 9.20 | 7.15 | 6.11 | 7.51 | 10.68 | 10.48 | 10.08 | 9.68 | 10.69 | 8.66 | 6.94 | 6.90 |
Depreciation | 2.24 | 2.25 | 2.24 | 1.31 | 0.66 | 3.57 | 3.57 | 3.53 | 3.54 | 3.53 | 3.96 | 3.62 | 3.46 |
Profit before tax | 1.27 | 1.37 | 1.35 | 1.48 | 1.90 | -0.92 | 1.08 | 3.69 | 4.57 | 2.64 | 1.30 | 2.93 | 2.87 |
Tax % | 26.77% | 29.20% | 37.04% | 37.16% | 48.95% | 20.65% | -75.93% | 11.92% | 29.10% | 62.50% | -59.23% | 21.84% | |
0.94 | 0.98 | 0.84 | 0.92 | 0.97 | -0.73 | 1.90 | 3.25 | 3.23 | 0.99 | 2.07 | 2.29 | 2.08 | |
EPS in Rs | 0.56 | 0.58 | 0.50 | 0.55 | 0.58 | -0.43 | 1.13 | 1.94 | 1.92 | 0.59 | 1.23 | 1.36 | 1.24 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -1% |
5 Years: | -4% |
3 Years: | -9% |
TTM: | -15% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | -11% |
TTM: | -18% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 17% |
3 Years: | 38% |
1 Year: | 24% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 | 16.79 |
Reserves | 49.60 | 50.58 | 51.42 | 51.11 | 52.08 | 309.03 | 310.26 | 313.45 | 318.79 | 318.87 | 320.28 | 322.44 | 323.49 |
Preference Capital | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
57.74 | 54.18 | 50.34 | 45.55 | 92.71 | 91.86 | 89.46 | 85.92 | 80.90 | 103.33 | 94.65 | 85.39 | 80.39 | |
34.93 | 35.38 | 24.96 | 27.24 | 29.39 | 36.72 | 49.09 | 31.72 | 29.50 | 31.83 | 32.76 | 34.76 | 38.98 | |
Total Liabilities | 159.06 | 156.93 | 143.51 | 140.69 | 190.97 | 454.40 | 465.60 | 447.88 | 445.98 | 470.82 | 464.48 | 459.38 | 459.65 |
42.80 | 40.59 | 38.31 | 35.56 | 34.91 | 292.01 | 288.47 | 284.96 | 281.62 | 277.98 | 275.40 | 271.78 | 269.97 | |
CWIP | 3.46 | 2.32 | 2.32 | 2.32 | 2.32 | 2.32 | 2.32 | 0.00 | 0.00 | 1.33 | 0.00 | 0.00 | 0.00 |
Investments | 15.91 | 15.91 | 15.91 | 15.91 | 15.91 | 15.91 | 15.91 | 15.91 | 15.91 | 15.91 | 15.91 | 15.91 | 15.91 |
96.89 | 98.11 | 86.97 | 86.90 | 137.83 | 144.16 | 158.90 | 147.01 | 148.45 | 175.60 | 173.17 | 171.69 | 173.77 | |
Total Assets | 159.06 | 156.93 | 143.51 | 140.69 | 190.97 | 454.40 | 465.60 | 447.88 | 445.98 | 470.82 | 464.48 | 459.38 | 459.65 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12.37 | 60.60 | 9.72 | 12.69 | 2.01 | 17.80 | 14.88 | 20.93 | 16.70 | 17.85 | 7.40 | 16.00 | |
-0.36 | -1.41 | 0.11 | 0.21 | 0.69 | 0.16 | 0.25 | -46.12 | -0.31 | 48.48 | -0.14 | 0.10 | |
-11.14 | -57.54 | -10.79 | -11.87 | -4.97 | -17.27 | 30.44 | -20.69 | -15.77 | -66.67 | -9.63 | -14.29 | |
Net Cash Flow | 0.87 | 1.65 | -0.96 | 1.03 | -2.27 | 0.70 | 45.57 | -45.88 | 0.62 | -0.34 | -2.37 | 1.82 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 309.17 | 237.17 | 194.94 | 144.34 | 267.97 | 226.41 | 314.70 | 111.71 | 138.85 | 292.64 | 357.83 | 314.15 |
Inventory Days | 92.06 | 141.78 | 144.03 | 80.83 | 94.13 | 77.03 | 160.14 | 118.05 | 85.68 | 272.67 | 223.37 | 111.01 |
Days Payable | 677.93 | 580.38 | 317.96 | 278.39 | 343.65 | 302.62 | 828.90 | 262.05 | 218.49 | 1,239.99 | 641.48 | 442.13 |
Cash Conversion Cycle | -276.71 | -201.44 | 21.01 | -53.22 | 18.44 | 0.82 | -354.06 | -32.29 | 6.04 | -674.69 | -60.28 | -16.97 |
Working Capital Days | 735.88 | 119.15 | 117.83 | 71.66 | 158.44 | 332.61 | 281.70 | 263.08 | 255.11 | 393.46 | 441.46 | 336.58 |
ROCE % | 7.06% | 9.11% | 6.48% | 6.47% | 6.74% | 3.35% | 2.77% | 3.31% | 3.42% | 3.12% | 2.29% | 2.31% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 21 Nov
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Nov - In compliance with the Regulation 47 of SEBI (LODR) Regulations, 2015 please find enclosed copies of Un-audited financial results for the second quarter and half …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 9 Nov
- Un-Audited Standalone And Consolidated Financial Result For The Quarter And Half Year Ended 30Th September, 2023 9 Nov
- Board Meeting Outcome for OUTCOME OF THE Board MEETING HELD ON 09.11.2023 9 Nov
Annual reports
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Financial Year 2023
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Financial Year 2022
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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 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1]
Company was engaged in shoe manufacturing in Noida but production was discontinued from FY00 to FY05, and company was largely involved in trading of shoe uppers in export markets. In FY06, company restarted manufacturing of leather shoe uppers from a leased premise in Chennai. In FY07, company’s manufacturing facility at Noida was refurbished as a commercial office space and leased out to 5 tenants.