IMP Powers Ltd

IMP Powers Ltd

₹ 5.60 -5.08%
28 Dec 2023
About

Incorporated in 1961, IMP Powers Ltd manufactures transformers[1]

Key Points

Business Overview:[1]
IMPPL is a flagship company of IMP MANGALAM group which does manufacturing of EHV, Power, Distribution, Special Purpose, Furnace, Thyristor Duty Transformers & Reactor up to 315MVA 400 kV Class. Company manufactures electrical equipment starting with Measuring and Testing equipment including Energy meters, Auxiliary and Distribution Transformers, Power & Special Transformers, EHV (220 kV and 400 kV), with an installed base of 35,000 transformers across the globe

  • Market Cap 4.84 Cr.
  • Current Price 5.60
  • High / Low 6.24 / 5.60
  • Stock P/E
  • Book Value -314
  • Dividend Yield 0.00 %
  • ROCE -37.7 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -67.3% over past five years.
  • Promoter holding is low: 16.8%
  • Contingent liabilities of Rs.81.6 Cr.
  • Promoters have pledged 81.0% of their holding.
  • Company has high debtors of 9,379 days.
  • Promoter holding has decreased over last 3 years: -20.6%

* 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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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
16.41 10.92 17.44 2.10 15.37 8.79 1.95 0.73 0.99 0.07 0.00 3.15 0.35
22.38 33.46 123.52 4.58 16.31 10.36 42.52 4.04 3.15 2.07 7.24 3.32 2.39
Operating Profit -5.97 -22.54 -106.08 -2.48 -0.94 -1.57 -40.57 -3.31 -2.16 -2.00 -7.24 -0.17 -2.04
OPM % -36.38% -206.41% -608.26% -118.10% -6.12% -17.86% -2,080.51% -453.42% -218.18% -2,857.14% -5.40% -582.86%
0.00 0.00 -34.33 0.00 0.00 0.00 0.18 0.00 0.00 0.29 0.22 2.12 0.14
Interest -8.85 0.14 5.58 0.11 0.08 0.05 0.06 0.04 0.09 0.04 0.04 0.09 0.02
Depreciation 1.81 1.80 1.60 1.59 1.57 1.56 1.56 1.54 1.54 1.50 1.50 1.75 1.34
Profit before tax 1.07 -24.48 -147.59 -4.18 -2.59 -3.18 -42.01 -4.89 -3.79 -3.25 -8.56 0.11 -3.26
Tax % 24.30% -32.60% 31.74% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.81 -16.50 -194.44 -4.18 -2.59 -3.19 -42.00 -4.89 -3.79 -3.25 -8.56 0.11 -3.25
EPS in Rs 0.94 -19.10 -225.13 -4.84 -3.00 -3.69 -48.63 -5.66 -4.39 -3.76 -9.91 0.13 -3.76
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 9m Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
205 261 329 360 393 446 413 265 94 66 28 2 4
185 237 299 326 358 405 377 250 111 208 74 16 15
Operating Profit 20 24 30 34 35 41 37 15 -17 -142 -46 -15 -11
OPM % 10% 9% 9% 9% 9% 9% 9% 6% -18% -217% -163% -964% -321%
0 0 1 1 1 1 1 2 -39 -33 0 1 3
Interest 13 19 21 24 24 27 28 31 39 8 0 0 0
Depreciation 3 5 6 6 6 7 6 7 8 7 6 6 6
Profit before tax 3 1 4 5 5 8 3 -21 -102 -190 -52 -20 -15
Tax % 33% 62% 30% 34% 33% 28% 29% -33% -29% 17% 0% 0%
2 0 3 3 3 6 2 -14 -72 -223 -52 -20 -15
EPS in Rs 2.80 0.27 3.18 3.59 3.93 6.81 2.27 -16.49 -83.56 -258.10 -60.16 -23.72 -17.30
Dividend Payout % 18% 185% 16% 14% 13% 7% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -40%
5 Years: -67%
3 Years: -75%
TTM: -71%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 11%
TTM: 72%
Stock Price CAGR
10 Years: -19%
5 Years: -23%
3 Years: -36%
1 Year: -5%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 8 8 8 9 9 9 9 9 9 9 9 9 9
Reserves 87 87 88 93 97 102 106 91 19 -204 -256 -276 -279
101 107 98 97 95 102 115 148 240 289 306 318 255
83 94 112 146 166 172 158 133 120 76 82 79 212
Total Liabilities 280 296 305 345 366 385 387 381 388 169 140 128 196
83 83 76 72 72 76 79 71 63 57 51 45 42
CWIP 0 0 0 4 5 0 0 0 0 0 0 0 0
Investments 0 1 1 1 1 1 1 1 1 1 1 1 1
197 213 228 269 289 308 308 309 324 111 88 83 154
Total Assets 280 296 305 345 366 385 387 381 388 169 140 128 196

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
19 21 33 24 32 31 33 1 -34 -23 -13 -8
-11 -6 -1 -5 -8 -5 -10 -2 0 -0 0 0
-6 -14 -29 -18 -23 -25 -24 0 35 23 14 7
Net Cash Flow 3 1 2 1 1 1 -1 -0 1 -1 0 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 210 166 138 161 152 129 125 129 356 120 521 9,379
Inventory Days 142 135 111 103 107 121 144 283 500 86 143 1,825
Days Payable 146 139 133 167 172 151 134 176 384 201 941 12,175
Cash Conversion Cycle 206 162 116 97 86 99 135 236 472 4 -276 -970
Working Capital Days 181 147 111 109 100 101 124 205 518 -136 -732 -14,810
ROCE % 10% 12% 15% 15% 17% 14% 4% -9% -82% -68% -38%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
37.33% 37.33% 37.33% 20.45% 19.43% 17.34% 17.34% 17.34% 16.76% 16.76% 16.76% 16.76%
0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.28% 0.28% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
62.39% 62.39% 62.67% 79.56% 80.56% 82.66% 82.66% 82.66% 83.24% 83.24% 83.24% 83.25%
No. of Shareholders 8,3068,5818,9529,6989,4459,3479,1959,1959,0459,0429,0439,043

* 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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