WEBSITE BSE:533047 NSE : INDIAN MET 24 Jan, 16:01
Market Cap ₹4610 Cr.
Stock P/E 12.4
P/B 2
Current Price ₹854.5
Book Value ₹ 431.8
Face Value 10
52W High ₹998.4
Dividend Yield 3.51%
52W Low ₹ 512.4
Indian Metals and Ferro Alloys Ltd is a holding company. The Company is a manufacturer of ferro chrome/ferro alloys. The Company operates thru 2 segments: Ferro Alloys and Power. The Company's products consists of ferro silicon, power and fly ash bricks. The Company's ferro chrome output is exported to China, Korea, Japan and Taiwan in the Far East. The Company produces about 275,000 tons/annum of ferro chrome. The Company's captive electricity technology capability is over 258 megawatts (MW) consisting of approximately 228 MW coal-primarily based capacity and over 30 MW dual fuel unit, which operates on a mixture of coal and furnace gasoline. The Company's captive mines have an Environmental Clearance restriction of about 6.5 lakh tons/annum. Its plant are located at Therubali, Rayagada, Odisha, and Choudwar, Cuttack, Odisha. Its subsidiaries consist of IMFA Alloys Finlease Limited, Indmet Mining Pte Ltd and Indian Metals And Carbides Limited.
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#(Fig in Cr.) |
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Net Sales |
Other Income |
Total Income |
Total Expenditure |
Operating Profit |
Interest |
Depreciation |
Exceptional Income / Expenses |
Profit Before Tax |
Provision for Tax |
Profit After Tax |
Adjustments |
Profit After Adjustments |
Adjusted Earnings Per Share |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Sales | 1318 | 1345 | 1211 | 1672 | 1766 | 1634 | 1612 | 1844 | 2603 | 2676 | 2780 | |
Other Income | 17 | 19 | 16 | 48 | 36 | 19 | 21 | 65 | 24 | 24 | 42 | |
Total Income | 1335 | 1363 | 1227 | 1720 | 1802 | 1653 | 1633 | 1909 | 2627 | 2701 | 2822 | |
Total Expenditure | 1031 | 1104 | 1088 | 1159 | 1343 | 1361 | 1523 | 1516 | 1800 | 2188 | 2193 | |
Operating Profit | 304 | 259 | 139 | 562 | 459 | 292 | 110 | 394 | 827 | 513 | 629 | |
Interest | 105 | 106 | 81 | 83 | 75 | 94 | 97 | 61 | 59 | 66 | 35 | |
Depreciation | 149 | 122 | 114 | 109 | 101 | 98 | 104 | 104 | 110 | 107 | 78 | |
Exceptional Income / Expenses | 0 | -5 | -17 | 0 | 0 | -81 | 0 | 0 | 0 | -16 | 0 | |
Profit Before Tax | 50 | 26 | -73 | 369 | 283 | 19 | -91 | 228 | 658 | 324 | 516 | |
Provision for Tax | 15 | 22 | -30 | 121 | 96 | 20 | -25 | 61 | 150 | 98 | 144 | |
Profit After Tax | 35 | 4 | -44 | 249 | 187 | -1 | -66 | 167 | 508 | 226 | 372 | |
Adjustments | -0 | -0 | -0 | 0 | -0 | -0 | -1 | -0 | -0 | -1 | 22 | |
Profit After Adjustments | 35 | 4 | -44 | 249 | 186 | -1 | -66 | 167 | 507 | 225 | 395 | |
Adjusted Earnings Per Share | 6.7 | 0.7 | -8.5 | 46.1 | 71.2 | -0.4 | -12.3 | 30.9 | 94 | 41.7 | 73.1 |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Sales CAGR | 4% | 15% | 11% | 8% |
Operating Profit CAGR | 23% | 17% | 17% | 8% |
PAT CAGR | 65% | 31% | 0% | 27% |
# | 1 Year | 3 Year | 5 Year | 10 Year |
---|---|---|---|---|
Share Price CAGR | 67% | 31% | 49% | 23% |
ROE Average | 19% | 22% | 15% | 11% |
ROCE Average | 25% | 26% | 19% | 14% |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Shareholder's Funds | 881 | 881 | 833 | 1064 | 1216 | 1170 | 1084 | 1242 | 1715 | 1873 | 2120 |
Minority's Interest | 31 | 31 | 31 | 31 | 30 | 30 | 31 | 30 | 30 | 30 | 8 |
Borrowings | 790 | 782 | 705 | 602 | 516 | 385 | 340 | 294 | 9 | 5 | 0 |
Other Non-Current Liabilities | 194 | 413 | 204 | 231 | 249 | 240 | 222 | 234 | 208 | 80 | 55 |
Total Current Liabilities | 710 | 621 | 621 | 577 | 640 | 829 | 737 | 741 | 858 | 665 | 649 |
Total Liabilities | 2606 | 2729 | 2394 | 2504 | 2652 | 2655 | 2414 | 2541 | 2821 | 2654 | 2832 |
Fixed Assets | 1341 | 1372 | 1330 | 1264 | 1245 | 1166 | 1205 | 1145 | 1101 | 980 | 975 |
Other Non-Current Assets | 352 | 639 | 490 | 464 | 514 | 568 | 523 | 496 | 591 | 172 | 197 |
Total Current Assets | 913 | 718 | 574 | 776 | 893 | 921 | 686 | 901 | 1129 | 1502 | 1660 |
Total Assets | 2606 | 2729 | 2394 | 2504 | 2652 | 2655 | 2414 | 2541 | 2821 | 2654 | 2832 |
#(Fig in Cr.) | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Opening Cash & Cash Equivalents | 74 | 31 | 50 | 6 | 8 | 18 | 16 | 5 | 7 | 7 | 8 |
Cash Flow from Operating Activities | 226 | 174 | 218 | 485 | 290 | 217 | 221 | 207 | 390 | 151 | 512 |
Cash Flow from Investing Activities | -108 | -44 | -102 | -161 | -88 | -31 | -50 | -106 | -106 | 140 | -209 |
Cash Flow from Financing Activities | -162 | -113 | -161 | -322 | -191 | -187 | -182 | -99 | -284 | -291 | -259 |
Net Cash Inflow / Outflow | -44 | 18 | -45 | 2 | 10 | -2 | -11 | 2 | -0 | 1 | 44 |
Closing Cash & Cash Equivalent | 31 | 50 | 6 | 7 | 18 | 16 | 5 | 7 | 7 | 8 | 52 |
# | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
---|---|---|---|---|---|---|---|---|---|---|---|
Earnings Per Share (Rs) | 6.72 | 0.71 | -8.47 | 46.13 | 71.25 | -0.39 | -12.32 | 30.87 | 94 | 41.75 | 73.12 |
CEPS(Rs) | 35.4 | 24.27 | 13.55 | 66.23 | 110 | 37.36 | 7.09 | 50.26 | 114.51 | 61.72 | 83.47 |
DPS(Rs) | 1.5 | 0.75 | 0 | 10 | 7.5 | 2.5 | 0 | 5 | 12.5 | 10 | 30 |
Book NAV/Share(Rs) | 169.57 | 169.62 | 160.3 | 197.19 | 460.23 | 442.68 | 200.87 | 230.14 | 317.89 | 347.09 | 392.9 |
Core EBITDA Margin(%) | 21.44 | 17.56 | 10.03 | 30.26 | 23.89 | 16.68 | 5.51 | 17.82 | 30.85 | 18.25 | 21.11 |
EBIT Margin(%) | 11.58 | 9.64 | 0.61 | 26.69 | 20.24 | 6.9 | 0.37 | 15.69 | 27.53 | 14.56 | 19.82 |
Pre Tax Margin(%) | 3.73 | 1.93 | -5.97 | 21.77 | 15.98 | 1.17 | -5.63 | 12.39 | 25.27 | 12.1 | 18.56 |
PAT Margin (%) | 2.61 | 0.3 | -3.56 | 14.65 | 10.54 | -0.04 | -4.09 | 9.05 | 19.5 | 8.44 | 13.39 |
Cash Profit Margin (%) | 13.74 | 9.2 | 5.74 | 21.06 | 16.24 | 5.97 | 2.37 | 14.71 | 23.74 | 12.44 | 16.2 |
ROA(%) | 1.37 | 0.16 | -1.71 | 10.16 | 7.24 | -0.02 | -2.6 | 6.74 | 18.93 | 8.25 | 13.58 |
ROE(%) | 4.04 | 0.47 | -5.1 | 26.22 | 16.46 | -0.05 | -5.89 | 14.36 | 34.34 | 12.58 | 18.65 |
ROCE(%) | 7.92 | 6.57 | 0.38 | 23.43 | 17.86 | 5.68 | 0.32 | 15.7 | 34.97 | 17.78 | 24.59 |
Receivable days | 14.05 | 14.63 | 10.1 | 8.76 | 13.61 | 12.88 | 9.37 | 12.36 | 16.32 | 15.43 | 11.18 |
Inventory Days | 94.28 | 103.53 | 109.51 | 72.16 | 79.24 | 108.69 | 110.55 | 86.77 | 74.85 | 86.58 | 89.23 |
Payable days | 83.08 | 85.25 | 81.99 | 66.35 | 71.01 | 110.25 | 88.79 | 73.11 | 55.89 | 44.51 | 55.53 |
PER(x) | 18.99 | 108.08 | 0 | 8.32 | 3.01 | 0 | 0 | 7.32 | 4.41 | 6.8 | 8.75 |
Price/Book(x) | 0.75 | 0.45 | 0.35 | 1.95 | 0.47 | 0.29 | 0.28 | 0.98 | 1.3 | 0.82 | 1.63 |
Dividend Yield(%) | 1.18 | 0.98 | 0 | 2.61 | 3.49 | 1.92 | 0 | 2.21 | 3.02 | 3.52 | 4.69 |
EV/Net Sales(x) | 1.3 | 1.1 | 1.06 | 1.76 | 0.76 | 0.64 | 0.6 | 0.99 | 1.03 | 0.68 | 1.27 |
EV/Core EBITDA(x) | 5.64 | 5.73 | 9.3 | 5.24 | 2.91 | 3.6 | 8.72 | 4.66 | 3.25 | 3.55 | 5.6 |
Net Sales Growth(%) | 3.5 | 2.04 | -9.93 | 38.06 | 5.58 | -7.47 | -1.34 | 14.41 | 41.14 | 2.82 | 3.88 |
EBIT Growth(%) | -9.7 | -14.82 | -94.33 | 5947 | -20.92 | -68.51 | -94.77 | 4805.25 | 147.61 | -45.6 | 41.37 |
PAT Growth(%) | -33.85 | -88.12 | -1152.29 | 669.5 | -25 | -100.31 | 0 | 353.12 | 204.05 | -55.53 | 64.93 |
EPS Growth(%) | -33.89 | -89.46 | -1296.37 | 644.43 | 54.44 | -100.55 | -3055.47 | 350.49 | 204.56 | -55.59 | 75.14 |
Debt/Equity(x) | 1.23 | 1.33 | 1.27 | 0.85 | 0.68 | 0.66 | 0.64 | 0.54 | 0.28 | 0.17 | 0.08 |
Current Ratio(x) | 1.29 | 1.16 | 0.92 | 1.35 | 1.4 | 1.11 | 0.93 | 1.22 | 1.32 | 2.26 | 2.56 |
Quick Ratio(x) | 0.76 | 0.5 | 0.39 | 0.76 | 0.73 | 0.45 | 0.34 | 0.61 | 0.59 | 1.28 | 1.46 |
Interest Cover(x) | 1.47 | 1.25 | 0.09 | 5.43 | 4.75 | 1.2 | 0.06 | 4.75 | 12.15 | 5.91 | 15.77 |
Total Debt/Mcap(x) | 1.64 | 2.95 | 3.68 | 0.44 | 0.71 | 1.09 | 2.28 | 0.54 | 0.21 | 0.21 | 0.05 |
# | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 58.69 | 58.69 | 58.69 | 58.69 | 58.69 | 58.69 | 58.69 | 58.69 | 58.69 | 58.69 |
FII | 1.32 | 1.26 | 1.41 | 1.68 | 2.48 | 2.93 | 2.87 | 2.89 | 3.1 | 4.03 |
DII | 0.01 | 0.01 | 0.01 | 0.09 | 0.09 | 0.09 | 0.1 | 1.35 | 0.92 | 0.82 |
Public | 39.98 | 40.05 | 39.9 | 39.55 | 38.75 | 38.29 | 38.34 | 37.07 | 37.29 | 36.46 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
# | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Promoter | 3.17 | 3.17 | 3.17 | 3.17 | 3.17 | 3.17 | 3.17 | 3.17 | 3.17 | 3.17 |
FII | 0.07 | 0.07 | 0.08 | 0.09 | 0.13 | 0.16 | 0.16 | 0.16 | 0.17 | 0.22 |
DII | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.07 | 0.05 | 0.04 |
Public | 2.16 | 2.16 | 2.15 | 2.13 | 2.09 | 2.07 | 2.07 | 2 | 2.01 | 1.97 |
Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 |
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