Galaxy Agrico Exports Ltd

Galaxy Agrico Exports Ltd

₹ 60.8 -5.00%
04 Nov - close price
About

Established in 1992, Galaxy Agrico Export Ltd is engaged in manufacturing and trading activity of Agricultural Equipment and Bearings (Forged Rings) and job-work services.

Key Points

Product Portfolio: [1]
a) Hoes: Forged Hoes, Stamped Hoes
b) Picks & Mattocks: Forged Pick Axe, Pick & Cutter Mattock
c) Shovel & Spades: Forged Spades, Stamped Shovels
d) Forks: Forged Forks, Welded Forks
e) Garden Tools: Cultivators, Leaf Rakes, Garden Rakes, Dutch Hoe, Draw Hoe, Scrapers, Edging Knife, Small Garden & Hand Tools
f) Bars: Tampers, Heavy Bars, Pullers & Rippers
g) Axes & Wood Wedge: Forged Axes, Forged Wood Wedge
h) Hammers: Forged Hammer
i) Diggers and Cultivator Blades

  • Market Cap 16.6 Cr.
  • Current Price 60.8
  • High / Low 68.2 / 29.4
  • Stock P/E 184
  • Book Value 15.7
  • Dividend Yield 0.00 %
  • ROCE 33.5 %
  • ROE 44.8 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.1%
  • Debtor days have improved from 33.0 to 17.4 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 7.12% over past five years.
  • Promoter holding has decreased over last 3 years: -8.00%

* 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

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
2.15 1.44 1.49 1.66 0.88 1.50 1.68 1.30 1.29 3.92 0.82 0.97 1.00
1.92 1.49 1.32 1.55 1.15 1.60 1.76 1.42 1.59 3.72 0.87 0.85 0.88
Operating Profit 0.23 -0.05 0.17 0.11 -0.27 -0.10 -0.08 -0.12 -0.30 0.20 -0.05 0.12 0.12
OPM % 10.70% -3.47% 11.41% 6.63% -30.68% -6.67% -4.76% -9.23% -23.26% 5.10% -6.10% 12.37% 12.00%
0.05 0.01 0.02 0.08 0.21 0.18 -0.03 0.10 0.08 -0.08 0.06 0.06 0.03
Interest 0.00 0.00 0.00 0.01 0.01 0.02 0.02 0.02 0.02 0.02 0.02 0.01 0.02
Depreciation 0.11 0.10 0.10 0.13 0.13 0.16 0.14 0.13 0.13 0.13 0.13 0.10 0.04
Profit before tax 0.17 -0.14 0.09 0.05 -0.20 -0.10 -0.27 -0.17 -0.37 -0.03 -0.14 0.07 0.09
Tax % -17.65% 7.14% 144.44% 20.00% -5.00% -20.00% -37.04% -5.88% -2.70% -433.33% 0.00% 28.57% -11.11%
0.21 -0.15 -0.04 0.04 -0.20 -0.08 -0.17 -0.15 -0.36 0.10 -0.15 0.05 0.09
EPS in Rs 0.77 -0.55 -0.15 0.15 -0.73 -0.29 -0.62 -0.55 -1.32 0.37 -0.55 0.18 0.33
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
5.46 5.76 4.83 5.71 5.63 5.85 5.19 3.13 4.87 6.90 5.71 7.32 6.71
5.47 5.09 4.17 4.34 4.99 5.36 4.92 3.55 4.21 6.10 4.10 4.90 6.32
Operating Profit -0.01 0.67 0.66 1.37 0.64 0.49 0.27 -0.42 0.66 0.80 1.61 2.42 0.39
OPM % -0.18% 11.63% 13.66% 23.99% 11.37% 8.38% 5.20% -13.42% 13.55% 11.59% 28.20% 33.06% 5.81%
-0.01 0.00 0.05 0.14 0.14 0.14 0.10 -0.09 0.52 0.34 0.38 0.08 0.07
Interest 0.41 0.41 0.31 0.25 0.12 0.03 0.04 0.02 0.01 0.01 0.09 0.11 0.07
Depreciation 0.36 0.42 1.76 0.98 0.75 0.46 0.43 0.47 0.40 0.40 0.57 0.52 0.40
Profit before tax -0.79 -0.16 -1.36 0.28 -0.09 0.14 -0.10 -1.00 0.77 0.73 1.33 1.87 -0.01
Tax % 5.06% -25.00% -27.21% -42.86% -122.22% -50.00% -40.00% -3.00% 12.99% 13.70% -9.02% -8.56%
-0.84 -0.12 -0.99 0.41 0.01 0.20 -0.06 -0.96 0.66 0.63 1.45 2.02 0.09
EPS in Rs -3.08 -0.44 -3.62 1.50 0.04 0.73 -0.22 -3.51 2.42 2.31 5.31 7.39 0.33
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: 2%
5 Years: 7%
3 Years: 15%
TTM: 16%
Compounded Profit Growth
10 Years: 41%
5 Years: 110%
3 Years: 73%
TTM: 112%
Stock Price CAGR
10 Years: 12%
5 Years: 46%
3 Years: 53%
1 Year: 106%
Return on Equity
10 Years: 6%
5 Years: 14%
3 Years: 25%
Last Year: 45%

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 3.91 3.91 3.91 3.91 3.91 3.91 3.91 3.91 3.91 3.91 3.91 3.91 3.91
Reserves 1.25 1.13 0.14 0.55 0.56 0.76 0.72 -0.22 0.44 1.02 0.72 0.22 0.39
3.33 3.04 2.29 1.28 0.65 0.00 0.07 0.27 0.31 0.86 1.06 1.63 1.59
1.09 1.16 0.63 0.65 0.78 0.77 0.72 0.84 0.98 1.13 0.75 0.53 0.68
Total Liabilities 9.58 9.24 6.97 6.39 5.90 5.44 5.42 4.80 5.64 6.92 6.44 6.29 6.57
6.58 6.22 4.59 3.67 3.01 2.70 2.81 2.60 2.32 3.75 3.67 3.17 2.21
CWIP 0.10 0.00 0.00 0.00 0.00 0.00 0.16 0.00 0.00 0.00 0.00 0.00 0.78
Investments 0.00 0.11 0.11 0.06 0.06 0.43 0.40 0.20 0.45 0.44 0.06 0.00 0.00
2.90 2.91 2.27 2.66 2.83 2.31 2.05 2.00 2.87 2.73 2.71 3.12 3.58
Total Assets 9.58 9.24 6.97 6.39 5.90 5.44 5.42 4.80 5.64 6.92 6.44 6.29 6.57

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
0.36 0.73 0.54 1.19 0.40 1.31 0.11 -0.06 -0.21 1.32 1.13 1.94
-0.22 -0.04 0.13 0.09 0.04 -0.40 -0.49 -0.12 0.27 -1.36 0.15 0.09
-0.11 -0.66 -0.65 -1.25 -0.53 -0.69 0.06 0.19 0.03 0.48 0.13 0.49
Net Cash Flow 0.03 0.03 0.03 0.03 -0.09 0.22 -0.32 0.00 0.09 0.44 1.42 2.52

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 66.85 62.73 49.12 67.76 77.80 66.76 59.08 89.79 76.45 35.44 46.02 17.45
Inventory Days 129.52 160.40 129.78 147.32 205.31 146.89
Days Payable 13.08 42.56 34.47 70.36 141.94 120.18
Cash Conversion Cycle 183.28 180.58 144.43 144.72 141.17 93.47 59.08 89.79 76.45 35.44 46.02 17.45
Working Capital Days 109.63 97.59 86.90 112.50 129.01 79.24 96.35 134.11 119.17 40.20 106.75 72.80
ROCE % -3.31% 3.62% -14.56% 7.95% 0.18% 2.25% -1.07% -18.01% 11.60% 8.42% 19.34% 33.54%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
73.22% 73.22% 73.22% 73.22% 73.22% 73.22% 73.22% 73.22% 73.22% 71.74% 65.22% 65.22%
26.78% 26.78% 26.78% 26.78% 26.78% 26.78% 26.78% 26.78% 26.79% 28.27% 34.78% 34.77%
No. of Shareholders 208512571587577565569569580739873898

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