Incon Engineers Ltd

Incon Engineers Ltd

₹ 17.1 4.96%
26 Sep - close price
About

Incorporated in 1970, Incon Engineers Ltd manufactures Chemical process equipment and agricultural Equipment[1]

Key Points

Business Overview:[1]
IEL is a design and consultancy organization which manufactures Industrial and Medical Gas, Ultra-fine Grinding of powders, Fluid Energy Mills, etc. Company has undertaken projects viz.
a) Design and manufacture of India's largest Medium Pressure Carbide-to-water Acetylene Generator (125Cu.M/hr).
b) Design and manufacture of Nitrous Oxide Plants for Medical use.
c) Design and manufacture of largest Hot Air Generator having capacity of 40 Lac K Cal/hr.

  • Market Cap 7.42 Cr.
  • Current Price 17.1
  • High / Low 24.8 / 12.1
  • Stock P/E
  • Book Value 0.12
  • Dividend Yield 0.00 %
  • ROCE -72.7 %
  • ROE -162 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 148 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -44.4% 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.

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Quarterly Results

Figures in Rs. Crores

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
0.77 0.06 0.31 0.06 0.00 0.11 0.03 0.00 0.00 0.00 0.00 0.00 0.00
0.55 0.17 0.29 0.29 0.16 0.23 0.16 0.16 0.15 0.16 0.16 0.19 0.16
Operating Profit 0.22 -0.11 0.02 -0.23 -0.16 -0.12 -0.13 -0.16 -0.15 -0.16 -0.16 -0.19 -0.16
OPM % 28.57% -183.33% 6.45% -383.33% -109.09% -433.33%
0.03 0.04 0.03 0.04 0.09 0.05 0.01 0.08 0.04 0.04 0.04 0.12 0.04
Interest 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.01
Depreciation 0.01 0.01 0.01 0.00 0.01 0.01 0.01 0.01 0.00 0.01 0.01 0.00 0.00
Profit before tax 0.22 -0.08 0.04 -0.19 -0.08 -0.08 -0.13 -0.09 -0.11 -0.14 -0.14 -0.08 -0.13
Tax % 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%
0.22 -0.08 0.04 -0.19 -0.07 -0.07 -0.13 -0.09 -0.11 -0.13 -0.14 -0.09 -0.13
EPS in Rs 0.51 -0.18 0.09 -0.44 -0.16 -0.16 -0.30 -0.21 -0.25 -0.30 -0.32 -0.21 -0.30
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
0.50 0.59 0.73 0.51 0.18 0.88 0.50 0.21 2.46 1.21 0.13 0.00 0.00
0.57 0.58 0.85 0.71 0.52 0.89 0.72 0.54 1.72 1.30 0.68 0.66 0.67
Operating Profit -0.07 0.01 -0.12 -0.20 -0.34 -0.01 -0.22 -0.33 0.74 -0.09 -0.55 -0.66 -0.67
OPM % -14.00% 1.69% -16.44% -39.22% -188.89% -1.14% -44.00% -157.14% 30.08% -7.44% -423.08%
0.08 0.08 0.03 0.09 0.10 0.09 0.12 0.12 0.15 0.14 0.22 0.24 0.24
Interest 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08 0.03 0.00 0.03 0.04
Depreciation 0.05 0.05 0.06 0.05 0.03 0.03 0.02 0.02 0.02 0.02 0.02 0.02 0.02
Profit before tax -0.05 0.04 -0.15 -0.16 -0.27 0.05 -0.12 -0.23 0.79 0.00 -0.35 -0.47 -0.49
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.33% 0.00% 0.00% 0.00% 0.00%
-0.06 0.04 -0.14 -0.16 -0.27 0.05 -0.13 -0.24 0.79 -0.01 -0.36 -0.47 -0.49
EPS in Rs -0.14 0.09 -0.32 -0.37 -0.62 0.12 -0.30 -0.55 1.83 -0.02 -0.83 -1.09 -1.13
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: %
5 Years: %
3 Years: %
TTM: -100%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -23%
Stock Price CAGR
10 Years: 12%
5 Years: 24%
3 Years: 14%
1 Year: 9%
Return on Equity
10 Years: -16%
5 Years: -11%
3 Years: -44%
Last Year: -162%

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
Equity Capital 5.71 5.71 5.71 5.71 5.71 5.71 5.71 5.71 5.71 5.71 5.71 5.71
Reserves -4.79 -4.75 -4.90 -5.06 -5.30 -5.27 -5.40 -5.61 -4.82 -4.82 -5.18 -5.66
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 1.75 0.00 0.11 0.52
0.21 0.24 0.27 0.23 0.41 0.43 0.45 0.88 1.40 0.31 0.22 0.18
Total Liabilities 1.13 1.20 1.08 0.88 0.82 0.87 0.76 1.23 4.04 1.20 0.86 0.75
0.83 0.79 0.69 0.65 0.62 0.59 0.57 0.55 0.55 0.53 0.51 0.49
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.30 0.41 0.39 0.23 0.20 0.28 0.19 0.68 3.49 0.67 0.35 0.26
Total Assets 1.13 1.20 1.08 0.88 0.82 0.87 0.76 1.23 4.04 1.20 0.86 0.75

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
0.13 -0.07 0.09 -0.02 -0.02 0.12 -0.13 -0.29 -1.38 1.85 -0.17 -0.46
0.00 0.00 -0.02 0.00 0.01 0.00 0.00 0.00 -0.01 0.00 0.03 0.00
-0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.25 1.48 -1.84 0.11 0.40
Net Cash Flow 0.06 -0.07 0.07 -0.02 -0.01 0.12 -0.13 -0.04 0.09 0.01 -0.03 -0.06

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 0.00 0.00 35.00 7.16 0.00 0.00 0.00 0.00 381.32 57.31 84.23
Inventory Days 298.64 730.00 112.31 84.23 1,460.00 13.04 56.15 125.35 7.16 91.25
Days Payable 132.73 252.69 56.15 112.31 547.50 26.07 84.23 77.42 35.78 182.50
Cash Conversion Cycle 165.91 477.31 91.15 -20.92 912.50 -13.04 -28.08 0.00 429.25 28.69 -7.02
Working Capital Days -58.40 55.68 -20.00 -100.20 -385.28 -124.43 -211.70 -295.48 304.17 81.45 280.77
ROCE % -4.06% 4.26% -11.30% -21.92% -50.94% 11.76% -32.00% -69.70% 58.19% 1.70% -45.75% -72.73%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
66.34% 66.34% 66.34% 66.34% 66.34% 66.34% 66.34% 66.34% 66.34% 66.34% 66.34% 66.34%
0.00% 0.00% 0.00% 0.00% 4.62% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
4.64% 4.64% 4.64% 4.64% 0.01% 4.63% 4.63% 4.63% 0.01% 0.01% 0.01% 0.01%
29.02% 29.02% 29.02% 29.02% 29.01% 29.01% 29.01% 29.01% 33.63% 33.63% 33.63% 33.64%
No. of Shareholders 1,3612,0162,8803,0422,9362,8762,8432,7842,7362,7372,8642,852

* 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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