Prima Agro Ltd

Prima Agro Ltd

₹ 29.0 9.00%
27 Dec 1:25 p.m.
About

Incorporated in 1987, Prima Agro Ltd manufactures compounded animal feed[1]

Key Points

Product Profile:[1]
Company offers Animal Feed under a product range of:
a) Cattle Feed Pellets in 70 kg
b) Cattle Feed Pellets in 50 kg

  • Market Cap 15.0 Cr.
  • Current Price 29.0
  • High / Low 36.5 / 22.0
  • Stock P/E 88.4
  • Book Value 29.0
  • Dividend Yield 0.00 %
  • ROCE 20.4 %
  • ROE 9.53 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.93 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -2.37% over past five years.
  • Company has a low return on equity of 11.7% over last 3 years.
  • Earnings include an other income of Rs.1.97 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: Miscellaneous Industry: Miscellaneous

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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
4.53 3.97 3.80 3.80 3.45 3.33 3.19 3.53 3.33 2.81 2.82 2.72 2.57
3.29 3.66 3.70 2.85 2.93 2.39 3.67 2.65 2.65 2.56 3.53 2.51 3.56
Operating Profit 1.24 0.31 0.10 0.95 0.52 0.94 -0.48 0.88 0.68 0.25 -0.71 0.21 -0.99
OPM % 27.37% 7.81% 2.63% 25.00% 15.07% 28.23% -15.05% 24.93% 20.42% 8.90% -25.18% 7.72% -38.52%
0.08 0.22 1.14 0.04 0.09 0.09 1.16 0.05 0.06 0.40 1.45 0.06 0.06
Interest 0.00 0.00 0.05 0.00 0.00 0.00 0.06 0.00 0.00 0.00 0.05 0.00 0.00
Depreciation 0.17 0.17 0.16 0.18 0.18 0.18 0.22 0.19 0.19 0.19 0.16 0.18 0.18
Profit before tax 1.15 0.36 1.03 0.81 0.43 0.85 0.40 0.74 0.55 0.46 0.53 0.09 -1.11
Tax % 28.70% 41.67% 49.51% 29.63% 27.91% 29.41% 0.00% 28.38% 27.27% 28.26% 203.77% 33.33% 4.50%
0.82 0.21 0.51 0.57 0.30 0.60 0.41 0.54 0.40 0.34 -0.56 0.07 -1.16
EPS in Rs 1.58 0.40 0.98 1.10 0.58 1.15 0.79 1.04 0.77 0.65 -1.08 0.13 -2.23
Raw PDF

Profit & Loss

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 TTM
6.31 9.28 11.14 11.47 11.87 92.72 14.07 13.59 15.67 16.39 13.78 12.48 10.92
6.14 8.36 9.85 9.55 9.02 88.18 10.26 10.97 11.33 13.24 11.86 11.38 12.16
Operating Profit 0.17 0.92 1.29 1.92 2.85 4.54 3.81 2.62 4.34 3.15 1.92 1.10 -1.24
OPM % 2.69% 9.91% 11.58% 16.74% 24.01% 4.90% 27.08% 19.28% 27.70% 19.22% 13.93% 8.81% -11.36%
0.31 -0.02 0.04 0.00 0.36 0.32 0.40 -0.29 1.83 1.52 1.38 1.96 1.97
Interest 0.03 0.10 0.05 0.04 0.07 0.07 0.05 0.06 0.05 0.05 0.06 0.05 0.05
Depreciation 0.22 0.28 0.32 0.85 0.73 0.69 0.63 0.90 0.62 0.66 0.75 0.72 0.71
Profit before tax 0.23 0.52 0.96 1.03 2.41 4.10 3.53 1.37 5.50 3.96 2.49 2.29 -0.03
Tax % 226.09% 50.00% 64.58% 37.86% 28.22% 25.12% 28.90% 49.64% 29.82% 35.61% 24.10% 68.56%
-0.29 0.26 0.35 0.64 1.73 3.06 2.52 0.69 3.85 2.55 1.88 0.72 -1.31
EPS in Rs -0.56 0.50 0.67 1.23 3.33 5.89 4.85 1.33 7.41 4.91 3.62 1.39 -2.53
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 3%
5 Years: -2%
3 Years: -7%
TTM: -18%
Compounded Profit Growth
10 Years: 17%
5 Years: -10%
3 Years: -16%
TTM: -91%
Stock Price CAGR
10 Years: 8%
5 Years: 27%
3 Years: -8%
1 Year: -4%
Return on Equity
10 Years: %
5 Years: 14%
3 Years: 12%
Last Year: 10%

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 5.19 5.19 5.19 5.19 5.19 5.19 5.19 5.19 5.19 5.19 5.19 5.19 5.20
Reserves -7.29 -7.03 -6.68 -6.09 -4.26 -1.19 1.33 2.02 5.87 8.42 10.30 11.02 9.87
6.43 6.40 6.33 6.72 6.68 6.57 6.39 6.59 6.63 6.77 6.75 6.60 6.08
2.86 3.01 3.90 4.80 3.55 3.91 2.44 2.55 3.12 3.83 3.42 3.71 4.44
Total Liabilities 7.19 7.57 8.74 10.62 11.16 14.48 15.35 16.35 20.81 24.21 25.66 26.52 25.59
4.31 4.26 4.02 3.92 4.29 3.75 4.23 4.03 3.97 3.61 4.63 4.35 4.03
CWIP 0.00 0.00 0.20 0.38 0.00 0.37 0.00 0.00 0.00 0.51 0.18 0.00 0.00
Investments 1.02 1.02 1.35 2.95 3.66 5.21 6.79 6.62 11.30 13.97 14.21 16.33 13.58
1.86 2.29 3.17 3.37 3.21 5.15 4.33 5.70 5.54 6.12 6.64 5.84 7.98
Total Assets 7.19 7.57 8.74 10.62 11.16 14.48 15.35 16.35 20.81 24.21 25.66 26.52 25.59

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
8.15 0.77 1.73 2.41 1.89 3.83 1.30 1.12 3.87 2.54 1.49 -0.07
2.96 -0.59 -1.55 -2.62 -1.77 -3.37 -1.11 -0.96 -3.94 -2.77 -1.21 2.32
-11.13 -0.17 -0.13 0.28 0.04 -0.20 -0.39 0.13 0.05 0.11 -0.14 -2.61
Net Cash Flow -0.02 0.01 0.05 0.07 0.17 0.26 -0.20 0.29 -0.02 -0.12 0.15 -0.37

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 13.88 15.34 8.85 6.68 7.69 1.30 8.04 11.55 9.55 7.13 9.27 7.60
Inventory Days 7.16 32.52
Days Payable 493.82 513.17
Cash Conversion Cycle -472.78 15.34 8.85 6.68 7.69 1.30 8.04 -469.09 9.55 7.13 9.27 7.60
Working Capital Days -103.54 -72.76 -86.50 -111.06 -65.19 -9.80 -28.28 -18.26 -25.86 -28.06 -17.22 -7.90
ROCE % 6.62% 15.97% 21.49% 20.64% 35.59% 45.10% 30.49% 13.48% 24.07% 13.82% 11.59% 20.42%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
36.19% 40.06% 40.06% 40.11% 40.11% 40.13% 40.13% 40.15% 40.15% 40.15% 40.15% 40.15%
63.81% 59.94% 59.94% 59.89% 59.90% 59.86% 59.87% 59.85% 59.85% 59.84% 59.86% 59.85%
No. of Shareholders 12,82012,91212,92912,85412,81712,81312,74912,72412,74212,75412,75712,832

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