Umang Dairies Ltd

Umang Dairies Ltd

₹ 99.4 -1.54%
24 Apr 2:19 p.m.
About

Incorporated in 1994, Umang Dairies manufacture and sells Dairy Products[1]

Key Points

Business Overview:[1][2][3]
UDL is a a ISO certified dairy company. It is a part of J.K. Organisation and is promoted by Bengal and Assam Co Ltd. It does procurement and processing of cow milk and manufacture value added products namely cheese, butter, ghee, fresh cream, milk powder, flavored milk, lassi, curd etc.
Company has a service network of 800 distributors and 1.5 lac retailers. Company also undertakes job work activities

  • Market Cap 219 Cr.
  • Current Price 99.4
  • High / Low 115 / 55.7
  • Stock P/E
  • Book Value 17.3
  • Dividend Yield 0.00 %
  • ROCE 0.38 %
  • ROE -7.20 %
  • Face Value 5.00

Pros

  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 55.6 days to 43.5 days

Cons

  • Stock is trading at 5.83 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 3.61% over past five years.
  • Company has a low return on equity of -8.39% over last 3 years.
  • Earnings include an other income of Rs.1.14 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: FMCG Industry: Food - Processing - Indian

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
65.69 65.42 40.61 48.53 54.39 60.48 55.74 60.47 74.14 102.49 80.02 59.93 76.01
61.28 64.54 41.82 54.88 57.78 63.83 54.72 60.93 72.44 101.25 81.04 61.97 72.60
Operating Profit 4.41 0.88 -1.21 -6.35 -3.39 -3.35 1.02 -0.46 1.70 1.24 -1.02 -2.04 3.41
OPM % 6.71% 1.35% -2.98% -13.08% -6.23% -5.54% 1.83% -0.76% 2.29% 1.21% -1.27% -3.40% 4.49%
0.16 0.39 0.37 0.30 0.22 3.18 0.34 0.82 0.49 0.36 0.33 0.22 0.23
Interest 0.72 0.88 1.23 1.23 0.84 1.01 1.25 1.20 1.05 1.37 1.46 1.46 1.42
Depreciation 1.21 1.21 1.27 1.31 1.31 1.27 1.33 1.33 1.24 1.21 1.24 1.19 1.23
Profit before tax 2.64 -0.82 -3.34 -8.59 -5.32 -2.45 -1.22 -2.17 -0.10 -0.98 -3.39 -4.47 0.99
Tax % 27.65% -24.39% 27.54% 27.71% 26.88% 28.98% 28.69% 28.57% 30.00% 21.43% 27.14% 27.74% 28.28%
1.91 -1.02 -2.42 -6.21 -3.89 -1.74 -0.86 -1.55 -0.07 -0.78 -2.47 -3.23 0.71
EPS in Rs 0.87 -0.46 -1.10 -2.82 -1.77 -0.79 -0.39 -0.70 -0.03 -0.35 -1.12 -1.47 0.32
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
150 174 216 251 189 209 245 225 245 248 204 293 318
135 156 206 235 174 203 232 212 234 234 218 289 317
Operating Profit 16 18 10 16 15 6 13 13 11 14 -14 4 2
OPM % 10% 10% 5% 7% 8% 3% 5% 6% 4% 5% -7% 1% 0%
0 1 0 0 0 1 0 1 1 1 4 2 1
Interest 0 0 1 1 1 1 4 4 4 4 4 5 6
Depreciation 2 2 1 3 3 3 4 4 4 5 5 5 5
Profit before tax 14 16 9 13 12 2 6 7 4 6 -20 -4 -8
Tax % 0% 24% 31% 34% 35% 34% 14% 23% 31% 33% 28% 27%
14 12 6 9 8 2 5 5 3 4 -14 -3 -6
EPS in Rs 6.29 5.59 2.71 3.87 3.41 0.75 2.40 2.30 1.29 1.86 -6.48 -1.48 -2.62
Dividend Payout % 0% 13% 37% 26% 29% 0% 10% 22% 39% 27% 0% 0%
Compounded Sales Growth
10 Years: 5%
5 Years: 4%
3 Years: 6%
TTM: 27%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -37%
Stock Price CAGR
10 Years: 11%
5 Years: 13%
3 Years: 23%
1 Year: 70%
Return on Equity
10 Years: 5%
5 Years: -2%
3 Years: -8%
Last Year: -7%

Balance Sheet

Figures in Rs. Crores

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 11 11 11 11 11 11 11 11 11 11 11 11 11
Reserves -3 7 10 16 21 37 42 46 48 51 36 33 27
Preference Capital 4 4 4 4 4 0 0 0 0 0 0 0
10 9 18 19 23 29 47 32 45 39 56 57 57
26 36 46 45 47 47 34 40 62 66 47 65 44
Total Liabilities 44 62 85 91 102 124 133 128 166 167 149 165 139
19 23 29 33 34 72 71 74 81 81 79 75 73
CWIP 0 2 1 1 17 0 4 4 1 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
25 37 56 56 51 52 58 51 84 86 70 90 66
Total Assets 44 62 85 91 102 124 133 128 166 167 149 165 139

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
7 5 -0 10 15 7 -5 26 3 12 -9 6
-3 -7 -7 -8 -15 -7 -7 -6 -5 -5 -2 -2
-1 -1 7 -3 0 -0 12 -20 6 -11 12 -3
Net Cash Flow 3 -4 0 -0 -0 0 -0 -0 4 -4 1 1

Ratios

Figures in Rs. Crores

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 10 9 10 6 5 8 18 18 13 22 20 6
Inventory Days 49 79 86 83 100 95 86 89 163 157 147 143
Days Payable 9 16 20 15 13 34 17 29 64 60 58 51
Cash Conversion Cycle 50 72 76 75 92 68 88 78 112 119 109 97
Working Capital Days 12 35 36 34 30 17 54 38 51 57 67 43
ROCE % 95% 63% 25% 30% 23% 5% 11% 11% 8% 10% -15% 0%

Shareholding Pattern

Numbers in percentages

10 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.61% 74.61% 74.61% 74.61% 74.61% 74.61% 74.61% 74.61% 74.61% 74.61% 74.61% 74.61%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03%
25.39% 25.39% 25.39% 25.39% 25.39% 25.39% 25.40% 25.39% 25.39% 25.38% 25.38% 25.36%
No. of Shareholders 18,59118,88918,05418,27518,45118,39717,58417,30016,90116,82717,44018,417

* 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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