Pradhin Ltd

Pradhin Ltd

₹ 0.67 -1.47%
10 Mar - close price
About

Incorporated in 1982, Pradhin Limited is in the business of producing, marketing and trading in all kinds of dairy products.

Key Points

Product Profile:[1]
Presently, the company deals in 5 variants of dairy products viz.,
a) Pure Ghee
b) Skimmed Milk Powder
c) White Butter
d) Yellow Butter
e) Dairy Whitener

  • Market Cap 68.0 Cr.
  • Current Price 0.67
  • High / Low 1.78 / 0.52
  • Stock P/E 25.7
  • Book Value 0.79
  • Dividend Yield 0.00 %
  • ROCE 10.5 %
  • ROE 8.49 %
  • Face Value 1.00

Pros

  • Stock is trading at 0.85 times its book value
  • Debtor days have improved from 104 to 66.5 days.

Cons

  • Promoter holding has decreased over last quarter: -6.84%
  • The company has delivered a poor sales growth of -32.4% over past five years.
  • Promoter holding is low: 1.29%
  • Company has a low return on equity of 4.10% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.1.26 Cr.
  • Working capital days have increased from 239 days to 487 days

* 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: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
13.06 0.00 0.00 3.36 7.91 5.79 0.42 2.48 0.00 1.70 0.00 82.93 122.87
13.50 0.18 0.05 3.43 7.96 5.84 0.49 2.51 0.02 1.73 0.04 81.72 122.26
Operating Profit -0.44 -0.18 -0.05 -0.07 -0.05 -0.05 -0.07 -0.03 -0.02 -0.03 -0.04 1.21 0.61
OPM % -3.37% -2.08% -0.63% -0.86% -16.67% -1.21% -1.76% 1.46% 0.50%
1.00 0.00 0.10 0.00 0.00 0.03 0.00 0.07 0.00 0.76 0.51 -0.51 0.50
Interest 0.00 0.01 0.00 0.00 0.00 0.02 0.00 0.00 0.00 0.01 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.56 -0.19 0.05 -0.07 -0.05 -0.04 -0.07 0.04 -0.02 0.72 0.47 0.70 1.11
Tax % 0.00% 26.32% 20.00% 0.00% 0.00% -50.00% 0.00% 0.00% -50.00% -1.39% 25.53% -17.14% 30.63%
0.56 -0.24 0.03 -0.07 -0.05 -0.01 -0.07 0.04 -0.02 0.72 0.35 0.82 0.76
EPS in Rs 0.01 -0.00 0.00 -0.00 -0.00 -0.00 -0.00 0.00 -0.00 0.01 0.01 0.01 0.01
Raw PDF

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
54 62 46 22 28 18 33 114 24 19 17 5 208
54 61 46 22 28 18 34 114 24 20 17 5 206
Operating Profit 0 0 0 0 0 0 -2 1 -0 -1 -0 -0 2
OPM % 0% 1% 1% 1% 1% 1% -5% 1% -1% -3% -1% -3% 1%
0 0 0 0 0 0 0 0 0 1 0 1 1
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 0 0 0 0 0 -2 1 -0 0 -0 1 3
Tax % 30% 32% 35% 29% 32% 50% -4% 29% 5% 15% -9% 18%
0 0 0 0 0 0 -2 0 -0 0 -0 1 3
EPS in Rs 0.00 0.00 0.00 0.00 0.00 0.00 -0.02 0.01 -0.00 0.00 -0.00 0.01 0.04
Dividend Payout % 68% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -23%
5 Years: -32%
3 Years: -42%
TTM: 2288%
Compounded Profit Growth
10 Years: 10%
5 Years: 18%
3 Years: 63%
TTM: 4517%
Stock Price CAGR
10 Years: 12%
5 Years: -14%
3 Years: -19%
1 Year: -44%
Return on Equity
10 Years: 0%
5 Years: 3%
3 Years: 4%
Last Year: 8%

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 4 4 4 4 4 4 4 4 4 4 4 4 76
Reserves 3 3 4 4 4 4 2 3 2 3 2 3 4
1 4 4 3 3 0 0 0 0 0 0 0 20
4 2 3 2 3 1 13 2 1 1 1 1 20
Total Liabilities 12 13 14 12 13 9 18 8 7 7 7 8 120
0 0 0 0 0 0 0 0 0 0 0 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
12 12 13 12 13 8 18 8 7 7 7 8 120
Total Assets 12 13 14 12 13 9 18 8 7 7 7 8 120

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
3 -2 0 1 3 -0 -1 0 -0 -0 -0 0
0 0 0 0 0 0 0 0 0 0 0 0
-3 2 -0 -1 -1 -3 0 0 -0 0 -0 -0
Net Cash Flow 0 -0 0 1 2 -3 -1 0 -0 0 0 -0

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 42 49 65 97 52 112 194 22 92 111 136 67
Inventory Days 17 11 4 6 7 0 0 0 0 2 0 336
Days Payable 26 11 19 28 25 14 78
Cash Conversion Cycle 33 50 50 76 34 112 194 22 92 100 136 324
Working Capital Days 37 50 66 115 54 91 55 18 83 109 120 487
ROCE % 7% 6% 6% 3% 4% 2% -26% 11% -3% 6% -1% 10%

Shareholding Pattern

Numbers in percentages

67 Recently
Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
14.71% 14.71% 14.70% 14.70% 14.70% 14.70% 14.70% 14.70% 8.99% 8.13% 8.13% 1.29%
85.29% 85.29% 85.30% 85.30% 85.31% 85.29% 85.29% 85.30% 91.02% 91.88% 91.86% 98.71%
No. of Shareholders 2,4102,2412,2372,2762,2482,1582,1182,0822,0352,0344,5845,033

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