Empire Industries Ltd
Incorporated in 1900, Empire Industries Ltd manufactures container glass, trades in frozen foods, and does indenting and property development[1]
- Market Cap ₹ 655 Cr.
- Current Price ₹ 1,091
- High / Low ₹ 1,599 / 800
- Stock P/E 15.5
- Book Value ₹ 510
- Dividend Yield 2.29 %
- ROCE 15.4 %
- ROE 12.6 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 48.7%
Cons
- The company has delivered a poor sales growth of 2.86% over past five years.
- Company has a low return on equity of 11.6% over last 3 years.
- Earnings include an other income of Rs.26.5 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: Diversified Industry: Diversified - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
278 | 248 | 352 | 385 | 405 | 473 | 526 | 575 | 490 | 544 | 682 | 606 | 620 | |
223 | 251 | 290 | 324 | 338 | 411 | 467 | 500 | 447 | 485 | 603 | 542 | 555 | |
Operating Profit | 55 | -4 | 63 | 61 | 67 | 62 | 59 | 75 | 43 | 59 | 79 | 64 | 65 |
OPM % | 20% | -2% | 18% | 16% | 17% | 13% | 11% | 13% | 9% | 11% | 12% | 11% | 11% |
8 | 70 | 5 | 5 | 6 | 27 | 33 | 12 | 23 | 10 | 14 | 25 | 27 | |
Interest | 9 | 11 | 9 | 10 | 14 | 16 | 20 | 32 | 35 | 27 | 33 | 27 | 26 |
Depreciation | 7 | 8 | 12 | 10 | 9 | 13 | 11 | 15 | 19 | 15 | 17 | 16 | 16 |
Profit before tax | 47 | 48 | 46 | 47 | 50 | 60 | 61 | 40 | 13 | 28 | 43 | 46 | 49 |
Tax % | 25% | 24% | 26% | 34% | 32% | 22% | 28% | 15% | -4% | 14% | 17% | 19% | |
35 | 36 | 34 | 31 | 34 | 47 | 44 | 34 | 13 | 24 | 36 | 37 | 42 | |
EPS in Rs | 58.55 | 60.42 | 56.90 | 51.08 | 56.78 | 77.78 | 73.07 | 56.97 | 22.02 | 39.48 | 59.20 | 61.67 | 70.53 |
Dividend Payout % | 41% | 40% | 42% | 47% | 44% | 32% | 34% | 44% | 114% | 63% | 42% | 41% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 3% |
3 Years: | 7% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 0% |
5 Years: | 4% |
3 Years: | 41% |
TTM: | 18% |
Stock Price CAGR | |
---|---|
10 Years: | -3% |
5 Years: | 9% |
3 Years: | 12% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 11% |
3 Years: | 12% |
Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
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 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 94 | 114 | 131 | 144 | 177 | 206 | 231 | 228 | 241 | 250 | 277 | 294 | 300 |
62 | 100 | 94 | 139 | 130 | 182 | 225 | 321 | 259 | 232 | 183 | 168 | 209 | |
156 | 160 | 188 | 217 | 231 | 193 | 214 | 229 | 207 | 219 | 274 | 259 | 281 | |
Total Liabilities | 318 | 380 | 419 | 506 | 544 | 587 | 677 | 784 | 713 | 707 | 740 | 727 | 795 |
134 | 134 | 135 | 217 | 215 | 217 | 213 | 317 | 303 | 352 | 317 | 315 | 311 | |
CWIP | 38 | 70 | 84 | 0 | 0 | 57 | 103 | 72 | 75 | 9 | 9 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 29 | 46 |
146 | 175 | 199 | 289 | 329 | 313 | 361 | 395 | 335 | 346 | 412 | 383 | 438 | |
Total Assets | 318 | 380 | 419 | 506 | 544 | 587 | 677 | 784 | 713 | 707 | 740 | 727 | 795 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
35 | 8 | 40 | 34 | 48 | 20 | -13 | 40 | 103 | 53 | 79 | 75 | |
-23 | -42 | -17 | -3 | -3 | -49 | -34 | -45 | -4 | -2 | 29 | -15 | |
-13 | 22 | -23 | 13 | -24 | 17 | 5 | -5 | -82 | -45 | -89 | -52 | |
Net Cash Flow | -1 | -12 | -1 | 44 | 21 | -12 | -41 | -11 | 17 | 6 | 19 | 7 |
Ratios
Figures in Rs. Crores
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 | 70 | 89 | 61 | 74 | 68 | 71 | 80 | 70 | 64 | 83 | 104 | 98 |
Inventory Days | 110 | 189 | 236 | 239 | 318 | 265 | 241 | 286 | 254 | 252 | 161 | 180 |
Days Payable | 114 | 81 | 122 | 125 | 63 | 62 | 50 | 51 | 34 | 41 | 58 | 51 |
Cash Conversion Cycle | 66 | 197 | 175 | 188 | 323 | 274 | 272 | 305 | 284 | 294 | 207 | 228 |
Working Capital Days | -9 | 58 | 57 | 73 | 124 | 90 | 132 | 142 | 113 | 114 | 92 | 84 |
ROCE % | 37% | 31% | 24% | 22% | 21% | 17% | 14% | 14% | 9% | 11% | 16% | 15% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jan
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Closure of Trading Window
24 Dec - Closure of trading window from January 1, 2025.
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Reply On Clarification On Price Movement
23 Dec - Clarification on price movement of company's scrip.
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Clarification sought from Empire Industries Ltd
20 Dec - Exchange has sought clarification from the Empire Industries Ltd on December 20, 2024 with reference to significant movement in price, in order to ensure that …
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
18 Dec - Intimation of lost share certificates and issuance of duplicates.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Services Offered:[1]
a) Manufacture of Amber Glass
Bottles for the Pharmaceutical
Industry.
b) Representing a number of foreign manufacturers of Precision Machine
Tools, Measuring Instruments, Testing Machines, designing and marketing of
Industrial Equipment.
c) Imports Frozen & Chilled Foods
from around the Globe and distribute
it to leading Hotels & Restaurants.
d) Provides office space on Leave
and License basis to multinational
companies and banks.
e) Developing residential, commercial
and industrial galas on the land measuring
35 Acres at Ambernath with NOC from MIDC.
f) Provides customizable co-sharing of office space solutions to clients to run their business without increasing start-up costs and overhead expenses.