Cosmo Ferrites

₹198.7 9.4 | 5%

WEBSITE BSE:523100 NSE : COSMO FERR. 18 May, 12:50

Market Cap ₹239 Cr.

Stock P/E -120.7

P/B 7.9

Current Price ₹198.7

Book Value ₹ 25.2

Face Value 10

52W High ₹313.9

Dividend Yield 0%

52W Low ₹ 168.3

Edit Ratio

Cosmo Ferrites Research see more...

Overview Inc. Year: 1985Industry: Electronics - Components

Cosmo Ferrites Ltd. is engaged in production of soft ferrites cores. The Company gives tender ferrites components (Components). Its products encompass EC Cores, EE Cores, EI Cores, I Cores, EER Cores, EP Cores, ETD Cores, EFF Cores, EFC Cores, PQ Cores, POT CORES, PTS Cores, PM Cores, ROD Cores, UT Cores, Toroidal Cores and RM Cores with Hole. Its products are used in numerous applications, inclusive of lights, which includes Electronic Ballast for energy management Lamps, consisting of compact fluorescent lamp (CFL) and LED, and Electronics Chokes for Tubular Lamps; Power Conditioning, such as welding transformers, switch mode power materials, medical electronics, telecom electricity materials and induction heating programs; electromagnetic interference (EMI) filters/chokes/sensors, including EMI chokes and energy meters, and solar inverter. It exports its products to diverse nations, consisting of Europe, the USA, the United Kingdom, Thailand, Malaysia, China and Sri Lanka.

Cosmo Ferrites Share Price

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Peer Comparison

Cosmo Ferrites Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	35	33	35	25	23	24	27	24	21	26
Other Income	0	0	1	0	0	1	1	1	1	1
Total Income	35	33	36	25	24	25	28	24	22	26
Total Expenditure	26	24	30	23	22	22	24	22	21	24
Operating Profit	9	9	6	2	2	3	4	3	1	2
Interest	1	1	1	1	1	1	2	2	2	2
Depreciation	1	1	1	1	1	1	1	1	1	1
Exceptional Income / Expenses	-2	-1	0	0	0	0	-0	0	0	0
Profit Before Tax	6	7	4	-1	-1	0	0	-1	-2	-1
Provision for Tax	1	2	1	-0	-0	0	-0	-0	-0	-0
Profit After Tax	4	5	3	-0	-0	0	0	-0	-1	-1
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	4	5	3	-0	-0	0	0	-0	-1	-1
Adjusted Earnings Per Share	3.4	4.1	2.6	-0.3	-0.4	0.1	0.3	-0.4	-1.2	-0.4

Cosmo Ferrites 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	49	57	54	59	66	78	78	55	64	114	107	98
Other Income	1	2	1	1	1	1	1	1	1	2	3	4
Total Income	49	58	55	60	67	79	80	56	65	116	110	100
Total Expenditure	45	50	51	54	60	77	77	58	57	86	97	91
Operating Profit	4	8	4	6	6	3	3	-2	8	29	13	10
Interest	3	3	3	3	4	5	5	4	3	4	5	8
Depreciation	4	4	4	4	4	4	4	4	4	4	4	4
Exceptional Income / Expenses	0	-1	0	0	0	0	-5	-0	0	-3	0	0
Profit Before Tax	-3	1	-2	0	-1	-7	-11	-10	0	19	3	-4
Provision for Tax	-1	0	-1	0	-0	-4	-3	-0	-1	5	1	0
Profit After Tax	-2	1	-2	0	-1	-2	-8	-10	2	14	2	-2
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-2	1	-2	0	-1	-2	-8	-10	2	14	2	-2
Adjusted Earnings Per Share	-1.4	0.9	-1.4	0	-0.8	-2	-6.9	-8.3	1.5	11.8	2	-1.7

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	-6%	25%	7%	8%
Operating Profit CAGR	-55%	0%	34%	13%
PAT CAGR	-86%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-1%	104%	70%	37%
ROE Average	8%	28%	-0%	-2%
ROCE Average	9%	16%	6%	4%

Cosmo Ferrites 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	22	24	23	23	34	32	24	14	16	30	32
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	6	4	4	3	7	9	8	6	8	16	27
Other Non-Current Liabilities	6	6	5	6	9	5	2	2	1	5	5
Total Current Liabilities	25	24	31	36	41	56	57	57	55	58	61
Total Liabilities	58	57	63	68	91	102	90	79	79	109	125
Fixed Assets	36	33	35	41	63	64	60	57	54	48	73
Other Non-Current Assets	2	2	6	1	1	1	1	1	1	12	1
Total Current Assets	20	22	22	27	27	37	30	21	24	48	51
Total Assets	58	57	63	68	91	102	90	79	79	109	125

Cosmo Ferrites 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	3	1	2	3	0	1	0	0	0	0	1
Cash Flow from Operating Activities	-0	2	4	-0	3	-6	8	-1	-4	15	-2
Cash Flow from Investing Activities	-1	1	-10	-4	-7	-4	-3	-1	-1	-15	-22
Cash Flow from Financing Activities	1	-2	8	4	4	10	-5	2	6	1	26
Net Cash Inflow / Outflow	-1	0	1	0	1	-0	-0	0	-0	1	2
Closing Cash & Cash Equivalent	1	2	3	3	1	0	0	0	0	1	3

Cosmo Ferrites 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)	-1.38	0.86	-1.4	0	-0.83	-2	-6.94	-8.34	1.5	11.83	2.01
CEPS(Rs)	1.9	4.18	1.61	3.07	2.49	1.58	-3.5	-5.23	4.79	15.08	5.25
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	18.3	19.15	17.57	17.57	28.61	26.6	19.78	11.45	12.95	24.83	26.81
Core EBITDA Margin(%)	6.69	11	5	8.58	8.05	1.64	2.24	-5.59	10.27	24.37	9.26
EBIT Margin(%)	0.54	6.38	0.65	4.21	3.39	-2.17	-8.06	-10.65	6.2	20.24	8.06
Pre Tax Margin(%)	-5.04	1.85	-4.18	0.08	-1.95	-8.66	-14.61	-18.25	0.78	16.66	2.94
PAT Margin (%)	-3.23	1.75	-2.96	0.01	-1.41	-3.03	-10.64	-18.24	2.84	12.5	2.25
Cash Profit Margin (%)	4.45	8.4	3.4	5.83	4.25	2.39	-5.37	-11.43	9.04	15.94	5.89
ROA(%)	-2.84	1.81	-2.79	0	-1.25	-2.48	-8.68	-11.89	2.29	15.16	2.07
ROE(%)	-7.28	4.66	-7.6	0.02	-3.58	-7.24	-29.91	-53.39	12.3	62.61	7.78
ROCE(%)	0.64	9.01	0.83	5.38	3.96	-2.36	-9.04	-9.86	6.68	32.86	9.45
Receivable days	46.59	44.77	47.31	55.24	57.26	66.86	71.72	64.2	46.12	41.37	57.35
Inventory Days	56.25	50.52	51.94	51.13	53.85	54.06	57.72	74.46	60.03	47.45	57.78
Payable days	158.61	141.11	151.68	148.56	151.28	164.83	207.27	274.47	213.95	109.03	83
PER(x)	0	6.7	0	4092.59	0	0	0	0	11.66	49.62	85.51
Price/Book(x)	0.41	0.3	0.63	0.63	0.85	0.83	0.75	0.27	1.35	23.64	6.41
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0.59	0.42	0.68	0.68	0.93	0.89	0.72	0.8	1.05	6.58	2.51
EV/Core EBITDA(x)	6.77	2.86	9.26	6.4	9.63	26.92	18	-20.96	8.48	25.42	21.49
Net Sales Growth(%)	13.59	16.77	-4.72	9.93	11.16	18.32	0.26	-29.85	15.71	78.85	-5.73
EBIT Growth(%)	-90.2	1275.19	-90.34	622.82	-10.48	-171.94	-267.8	7.31	167.37	483.98	-62.46
PAT Growth(%)	-529.71	163.13	-260.08	100.19	0	-142.07	-247.13	-20.2	118	687.76	-83.01
EPS Growth(%)	-543.34	162.11	-262.72	100.19	0	-142.07	-247.13	-20.2	118	687.77	-83.01
Debt/Equity(x)	0.96	0.73	1.06	1.23	1	1.39	1.66	3.02	3.02	1.6	2.27
Current Ratio(x)	0.81	0.94	0.71	0.74	0.67	0.66	0.52	0.38	0.44	0.83	0.85
Quick Ratio(x)	0.47	0.6	0.45	0.47	0.39	0.45	0.3	0.2	0.24	0.5	0.59
Interest Cover(x)	0.1	1.41	0.13	1.02	0.63	-0.33	-1.23	-1.4	1.15	5.66	1.57
Total Debt/Mcap(x)	2.32	2.55	1.85	2.14	1.18	1.68	2.22	11.16	2.24	0.07	0.35

Cosmo Ferrites Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	63.49	63.59	63.65	63.65	63.65	63.65	63.65	63.65	63.65	63.65
FII	0	0	0	0.05	0.04	0	0	0	0	0
DII	0.35	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06
Public	36.16	36.35	36.29	36.24	36.24	36.29	36.29	36.29	36.29	36.29
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.76	0.77	0.77	0.77	0.77	0.77	0.77	0.77	0.77	0.77
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.43	0.44	0.44	0.44	0.44	0.44	0.44	0.44	0.44	0.44
Others	0	0	0	0	0	0	0	0	0	0
Total	1.2	1.2	1.2	1.2	1.2	1.2	1.2	1.2	1.2	1.2

Pros

Company has a good return on equity (ROE) track record: 3 Years ROE 28%
Debtor days have improved from 109.03 to 83days.

Cons

Stock is trading at 7.9 times its book value.

* 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.