Prima Industries Ltd
₹ 21.0
3.19%
21 Nov
4:00 p.m.
About
Incorporated in 1994, Prima Industries
Ltd manufactures Compounded Cattle
Feed and Solvent Extraction of Vegetable
Oils.[1]
Key Points
- Market Cap ₹ 22.7 Cr.
- Current Price ₹ 21.0
- High / Low ₹ 31.0 / 18.0
- Stock P/E
- Book Value ₹ 17.8
- Dividend Yield 0.00 %
- ROCE -1.21 %
- ROE -3.26 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.18 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -2.63% over past five years.
- Company has a low return on equity of 4.39% over last 3 years.
* 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: Edible Oil Industry: Solvent Extraction
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13.49 | 24.55 | 23.47 | 15.09 | 8.42 | 27.58 | 9.07 | 17.06 | 17.68 | 17.28 | 7.57 | 7.94 | 6.49 | |
| 14.21 | 23.12 | 23.02 | 14.62 | 6.71 | 25.77 | 6.25 | 14.21 | 13.37 | 14.55 | 6.70 | 7.86 | 7.77 | |
| Operating Profit | -0.72 | 1.43 | 0.45 | 0.47 | 1.71 | 1.81 | 2.82 | 2.85 | 4.31 | 2.73 | 0.87 | 0.08 | -1.28 |
| OPM % | -5.34% | 5.82% | 1.92% | 3.11% | 20.31% | 6.56% | 31.09% | 16.71% | 24.38% | 15.80% | 11.49% | 1.01% | -19.72% |
| 0.99 | 0.17 | 0.13 | 0.02 | 0.03 | 0.17 | 0.06 | 0.48 | 0.08 | 0.11 | 0.34 | 1.81 | 1.80 | |
| Interest | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.03 | 0.03 | 0.03 |
| Depreciation | 1.05 | 0.99 | 0.90 | 0.74 | 0.71 | 0.71 | 0.72 | 0.73 | 0.74 | 0.83 | 0.82 | 0.62 | 0.52 |
| Profit before tax | -0.80 | 0.61 | -0.32 | -0.25 | 1.03 | 1.27 | 2.16 | 2.60 | 3.65 | 1.95 | 0.36 | 1.24 | -0.03 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | -0.97% | -3.15% | -3.24% | -3.85% | -3.29% | 21.54% | -25.00% | 63.71% | |
| -0.81 | 0.62 | -0.32 | -0.25 | 1.04 | 1.31 | 2.24 | 2.69 | 3.76 | 1.52 | 0.45 | 0.45 | -0.56 | |
| EPS in Rs | -0.75 | 0.57 | -0.30 | -0.23 | 0.96 | 1.21 | 2.08 | 2.49 | 3.48 | 1.41 | 0.42 | 0.42 | -0.51 |
| 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: | -11% |
| 5 Years: | -3% |
| 3 Years: | -23% |
| TTM: | -27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -146% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 20% |
| 3 Years: | -5% |
| 1 Year: | 14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 4% |
| Last Year: | -3% |
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 | 10.79 | 11.80 | 11.80 | 11.80 | 11.80 | 11.80 | 11.80 | 11.80 | 11.80 | 11.80 | 11.80 | 11.80 | 23.00 |
| Reserves | -15.18 | -14.56 | -14.92 | -15.17 | -14.12 | -12.47 | -10.07 | -7.93 | -3.41 | -1.11 | -0.56 | -3.39 | -3.75 |
| 11.23 | 11.23 | 11.22 | 11.23 | 11.21 | 11.21 | 11.21 | 11.20 | 11.76 | 12.55 | 12.73 | 13.91 | 3.18 | |
| 6.37 | 4.77 | 4.84 | 5.67 | 3.49 | 2.94 | 0.91 | 1.14 | 1.69 | 1.88 | 1.42 | 2.33 | 2.79 | |
| Total Liabilities | 13.21 | 13.24 | 12.94 | 13.53 | 12.38 | 13.48 | 13.85 | 16.21 | 21.84 | 25.12 | 25.39 | 24.65 | 25.22 |
| 9.05 | 10.80 | 9.91 | 9.17 | 8.56 | 7.98 | 7.50 | 6.98 | 6.96 | 6.15 | 6.54 | 6.12 | 5.92 | |
| CWIP | 1.63 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 | 0.50 |
| Investments | 0.00 | 0.00 | 0.70 | 1.22 | 1.82 | 3.18 | 3.85 | 4.06 | 9.02 | 11.79 | 11.84 | 10.19 | 10.21 |
| 2.53 | 2.44 | 2.33 | 3.14 | 2.00 | 2.32 | 2.50 | 5.17 | 5.86 | 7.18 | 7.01 | 7.84 | 8.59 | |
| Total Assets | 13.21 | 13.24 | 12.94 | 13.53 | 12.38 | 13.48 | 13.85 | 16.21 | 21.84 | 25.12 | 25.39 | 24.65 | 25.22 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -3.72 | 1.13 | 0.73 | 0.64 | 0.99 | 1.27 | 0.32 | 1.53 | 3.47 | 0.78 | 0.94 | 0.53 | |
| -1.34 | -1.10 | -0.74 | -0.52 | -0.69 | -1.09 | -0.67 | -0.61 | -4.66 | -1.72 | -1.11 | 2.59 | |
| 5.11 | 0.00 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.47 | 0.70 | 0.15 | -3.33 | |
| Net Cash Flow | 0.05 | 0.03 | -0.02 | 0.12 | 0.30 | 0.18 | -0.35 | 0.93 | -0.72 | -0.25 | -0.02 | -0.21 |
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 | 24.35 | 17.69 | 22.08 | 6.77 | 27.74 | 8.34 | 13.28 | 10.27 | 7.64 | 8.03 | 8.20 | 15.63 |
| Inventory Days | 27.46 | 1.81 | 3.98 | 10.46 | 51.90 | 5.74 | 116.60 | 33.69 | 16.53 | 21.83 | 471.83 | |
| Days Payable | 48.22 | 2.53 | 3.41 | 1.44 | 24.22 | 0.90 | 25.35 | 14.30 | 27.11 | 48.90 | 471.83 | |
| Cash Conversion Cycle | 3.59 | 16.97 | 22.65 | 15.79 | 55.42 | 13.18 | 104.53 | 29.65 | -2.94 | -19.04 | 8.20 | 15.63 |
| Working Capital Days | -79.28 | -36.72 | -41.21 | -68.69 | -90.60 | -18.26 | 49.50 | 55.63 | 74.11 | 111.74 | 264.71 | 305.24 |
| ROCE % | -24.96% | 7.97% | -3.86% | -3.13% | 12.30% | 13.07% | 18.40% | 15.64% | 20.33% | 8.90% | 0.38% | -1.21% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Nov - Newspaper Publication of extracts of Unaudited financial results for the quarter and half year ended September 2024
-
Unaudited Results For The Quarter Ended 30.09.2024
6 Nov - Approval of unaudited financial results for Q2 2024.
-
Board Meeting Outcome for Outcome Of Board Meeting For Considering Unaudited Financial Results For The Quarter Ended 30.09.2024
6 Nov - Approval of unaudited financial results for Q2 2024.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 29 Oct
-
Board Meeting Intimation for Considering The Unaudited Financial Results For The Quarter And Half Year Ended September 2024.
28 Oct - Notice of Board Meeting on November 6, 2024.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Business Divisions:[1]
a) Solvent Extraction:
The Solvent Extraction Plant process
all types of oil cakes and other oil-bearing materials. It extracts oil from oil cakes using the Solvent Extraction technique, processes the
Coconut Oil Cake for the production of
Coconut Oil as per the specifications based on its clients. This project functions towards backward integration as the by-products produced in this plant such as De Oiled Cake (both flake and powder) would be consumed for its Animal Feed Unit.
b) Edible Oil Refinery Division:
The Refinery Unit is in the business of refining
Edible oils on Job work contract basis with
its client, Mahalakshmi Oils Private Limited. This unit produces refined Palm Kernel Oil through processes like neutralization, bleaching, filtration, deodorization, filtration, etc. By-products of this unit are Soap Stocks, Acid Oil, and Fatty Acid.
c) Animal Feed Division:
Company is having a factory in Kanjikode
with facilities for the manufacture of Ready-
mixed Compound Cattle Feed, in pellet
form; which it does on Job Contract basis for KSE Limited. Capacity utilization is around 70% of the installed capacities and the bulk of the capacity utilization is for conversion contracts.