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Aditya Ispat

₹9.9 -0.2 | 1.6%

Market Cap ₹5 Cr.

Stock P/E 221.0

P/B 0.5

Current Price ₹9.9

Book Value ₹ 20.2

Face Value 10

52W High ₹13

Dividend Yield 0%

52W Low ₹ 7.5

Aditya Ispat Research see more...

Overview Inc. Year: 1990Industry: Steel & Iron Products

Aditya Ispat Share Price

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Aditya Ispat Quarterly Results

#(Fig in Cr.) Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
Net Sales 8 8 7 19 15 9 14 13 18 12
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 8 8 7 19 15 9 14 13 18 12
Total Expenditure 7 7 6 18 14 8 13 12 17 11
Operating Profit 1 1 1 1 1 1 1 1 1 1
Interest 0 0 0 1 1 1 1 1 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 0 0 0 0 0
Provision for Tax 0 0 -0 0 0 0 0 0 0 0
Profit After Tax 0 0 0 0 0 0 0 0 0 0
Adjustments 0 0 -0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 0 0 0 0 0 0
Adjusted Earnings Per Share 0.1 0.1 0.2 0.3 0.4 0.1 0 0 0 0

Aditya Ispat Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 20 31 33 30 37 29 40 31 50 42 53 57
Other Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 20 31 33 30 37 29 40 31 50 42 53 57
Total Expenditure 19 29 31 28 34 27 37 29 47 39 49 53
Operating Profit 1 1 2 2 2 2 2 2 3 3 5 4
Interest 1 1 1 1 1 1 1 1 2 2 3 4
Depreciation 0 0 0 0 0 0 0 0 0 1 1 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 1 1 1 0 1 1 0 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 0 0 0 0 0 0 0 0 0 0 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Adjusted Earnings Per Share 0.4 0.5 0.6 0.6 0.8 0.9 0.8 0.5 0.8 0.7 0.6 0

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 26% 20% 13% 10%
Operating Profit CAGR 67% 36% 20% 17%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 3% 5% 8% 11%
ROE Average 3% 4% 4% 4%
ROCE Average 7% 6% 6% 7%

Aditya Ispat Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 7 7 8 8 8 9 9 10 10 10 11
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 1 0 1 2 5 9 15 15 15
Other Non-Current Liabilities 0 0 1 1 1 1 1 1 1 1 1
Total Current Liabilities 7 11 11 13 17 13 16 18 16 25 26
Total Liabilities 14 19 19 22 27 25 31 38 41 52 52
Fixed Assets 3 5 6 6 6 5 6 6 10 17 25
Other Non-Current Assets 1 0 0 0 0 1 4 13 13 9 0
Total Current Assets 11 14 14 16 21 19 20 18 18 26 27
Total Assets 14 19 19 22 27 25 31 38 41 52 52

Aditya Ispat Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities 1 -2 4 -0 -1 2 2 4 1 -3 3
Cash Flow from Investing Activities -1 -1 -1 -0 -0 -1 -5 -10 -3 -3 -1
Cash Flow from Financing Activities -0 4 -2 1 1 -2 3 5 2 7 -2
Net Cash Inflow / Outflow 0 0 0 0 -0 0 -0 0 -0 -0 0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 0 0 0

Aditya Ispat Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0.43 0.52 0.61 0.6 0.78 0.9 0.82 0.46 0.75 0.7 0.55
CEPS(Rs) 0.71 0.91 1.17 1.31 1.53 1.66 1.63 1.23 1.53 2.04 2.85
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 13.44 13.95 14.5 15.1 15.89 16.78 17.55 18.03 18.81 19.55 20.13
Core EBITDA Margin(%) 5.15 4.45 4.71 5.45 5.48 7.13 5.49 6.25 4.96 7.09 8.41
EBIT Margin(%) 4.55 3.9 3.96 4.41 4.58 5.99 4.57 5.13 4.26 5.61 6.33
Pre Tax Margin(%) 1.55 1.24 1.36 1.5 1.58 1.79 1.51 1.1 1.11 1.23 0.75
PAT Margin (%) 1.06 0.84 0.95 1.02 1.08 1.63 1.1 0.8 0.81 0.89 0.55
Cash Profit Margin (%) 1.74 1.48 1.83 2.22 2.11 3.01 2.2 2.13 1.65 2.6 2.86
ROA(%) 1.66 1.65 1.69 1.56 1.72 1.86 1.58 0.72 1.02 0.81 0.57
ROE(%) 3.28 3.77 4.26 4.06 5.07 5.51 4.76 2.59 4.09 3.66 2.79
ROCE(%) 7.65 8.16 7.74 7.75 8.77 8.12 7.48 5.28 6 5.67 7.25
Receivable days 85.33 72.55 80.53 105.94 122.24 167.02 103.5 126.86 83.72 127.55 126.61
Inventory Days 78.72 52.41 52.63 51.48 43.16 68.54 55.21 63.28 34.44 53.21 49.39
Payable days 7.3 3.62 9.69 21.88 33.44 43.08 23.46 36 18.68 28.42 28.23
PER(x) 5.42 5.52 6.78 5.07 5.73 5.61 8.19 11.36 6.5 14.1 15.73
Price/Book(x) 0.17 0.2 0.28 0.2 0.28 0.3 0.38 0.29 0.26 0.51 0.43
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.36 0.36 0.34 0.39 0.42 0.52 0.52 0.85 0.6 0.97 0.77
EV/Core EBITDA(x) 6.32 7.34 6.58 6.61 7.04 6.97 9.12 13.11 11.77 13.24 8.87
Net Sales Growth(%) 17.76 54.93 6.1 -8.73 23.23 -20.82 36.68 -22.39 61.65 -15.3 26.65
EBIT Growth(%) 8.66 28.54 6.15 2.41 27.94 -0.73 2.59 -12.87 34.08 11.64 42.86
PAT Growth(%) 4.8 19 17.48 -0.86 30.51 14.55 -9.06 -43.71 63.73 -6.85 -21.2
EPS Growth(%) 4.8 19.01 17.48 -0.86 30.51 14.55 -9.06 -43.71 63.73 -6.85 -21.2
Debt/Equity(x) 0.85 1.42 1.19 1.34 1.55 1.43 1.83 2.44 2.71 3.4 3.38
Current Ratio(x) 1.53 1.32 1.28 1.24 1.25 1.38 1.28 0.99 1.14 1.04 1.06
Quick Ratio(x) 0.85 0.88 0.79 0.95 0.93 0.96 0.88 0.75 0.83 0.75 0.78
Interest Cover(x) 1.51 1.46 1.52 1.51 1.53 1.43 1.49 1.27 1.35 1.28 1.13
Total Debt/Mcap(x) 4.86 6.94 4.21 6.61 5.47 4.77 4.8 8.4 10.4 6.72 7.81

Aditya Ispat Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 24.32 24.32 24.32 24.32 24.32 24.32 24.32 24.32 24.32 24.32
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 75.68 75.68 75.68 75.68 75.68 75.68 75.68 75.68 75.68 75.68
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at 0.5 times its book value
  • Debtor days have improved from 28.42 to 28.23days.

Cons

  • Promoter holding is low: 24.32%.
  • Company has a low return on equity of 4% over the last 3 years.

* 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.

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