Quasar India Ltd

Quasar India Ltd

₹ 1.68 1.82%
20 Dec - close price
About

Incorporated in 1979, Quasar India Ltd trades in goods, commodities and other related materials on retail and wholesale basis

Key Points

Business Overview:[1]
Company is in the business of trading in iron and steel, Tin Plates, scraps and its peripherals, gold, silver, diamonds, precious stones, coal, aluminum, lime stone, titanium, chrome, copper, gypsum, lead, nickel, Sulphur, tin, zinc, steel, bauxite, textile, cloth, Tupperware, yarn, fabric, minerals, metals, precious metals, stones and metal related materials. Company also does trading, investing, acquiring, holding, selling of shares, stocks, commodities, derivatives (both equity and commodity), debentures, bonds, etc. for the purpose of above mentioned business of company or otherwise.

  • Market Cap 80.9 Cr.
  • Current Price 1.68
  • High / Low 9.46 / 1.48
  • Stock P/E 36.6
  • Book Value 0.21
  • Dividend Yield 0.00 %
  • ROCE 32.7 %
  • ROE 22.4 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 92.7 days to 29.1 days

Cons

  • Stock is trading at 8.09 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 0.22%
  • Company has a low return on equity of 13.2% over last 3 years.
  • Company has high debtors of 395 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

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

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
0.00 3.69 0.97 0.00 1.37 1.37 1.09 9.01 10.26 8.74 8.44 11.24 11.57
0.04 4.03 1.13 0.03 1.03 1.15 0.86 8.00 9.22 8.49 8.37 10.20 9.82
Operating Profit -0.04 -0.34 -0.16 -0.03 0.34 0.22 0.23 1.01 1.04 0.25 0.07 1.04 1.75
OPM % -9.21% -16.49% 24.82% 16.06% 21.10% 11.21% 10.14% 2.86% 0.83% 9.25% 15.13%
0.11 -0.15 0.34 0.08 0.08 0.36 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.01 0.00 0.00 0.03 0.03 0.00 0.00 0.00 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 0.07 -0.49 0.17 0.05 0.42 0.55 0.20 1.01 1.04 0.25 0.07 1.04 1.75
Tax % 28.57% -6.12% -11.76% 20.00% 26.19% 25.45% -30.00% 25.74% 25.96% 28.00% 157.14% 25.96% 25.71%
0.05 -0.46 0.19 0.03 0.31 0.41 0.26 0.75 0.77 0.19 -0.04 0.77 1.29
EPS in Rs 0.00 -0.01 0.00 0.00 0.01 0.01 0.01 0.02 0.02 0.00 -0.00 0.02 0.03
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
0.00 2.08 10.21 0.65 0.47 0.18 24.94 13.09 6.37 4.66 3.82 36.46 39.99
0.03 2.15 10.33 0.93 0.75 0.62 25.18 13.79 6.53 5.25 3.07 34.09 36.88
Operating Profit -0.03 -0.07 -0.12 -0.28 -0.28 -0.44 -0.24 -0.70 -0.16 -0.59 0.75 2.37 3.11
OPM % -3.37% -1.18% -43.08% -59.57% -244.44% -0.96% -5.35% -2.51% -12.66% 19.63% 6.50% 7.78%
0.04 0.11 0.27 0.39 0.30 0.42 0.26 0.71 0.12 0.41 0.52 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.06 0.03 0.02 0.05 0.00 0.00
Depreciation 0.00 0.01 0.04 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.01 0.03 0.11 0.11 0.02 -0.02 0.02 -0.06 -0.07 -0.20 1.22 2.37 3.11
Tax % 0.00% 33.33% 27.27% 27.27% 0.00% 0.00% 50.00% 0.00% -85.71% -10.00% 16.39% 32.49%
0.01 0.02 0.08 0.07 0.01 -0.01 0.01 -0.05 -0.01 -0.18 1.01 1.60 2.21
EPS in Rs 0.00 0.00 0.00 0.00 0.00 -0.00 0.00 -0.00 -0.00 -0.00 0.02 0.03 0.05
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: 33%
5 Years: 8%
3 Years: 79%
TTM: 84%
Compounded Profit Growth
10 Years: 55%
5 Years: 176%
3 Years: 445%
TTM: 1%
Stock Price CAGR
10 Years: -32%
5 Years: -5%
3 Years: -4%
1 Year: -62%
Return on Equity
10 Years: 4%
5 Years: 8%
3 Years: 13%
Last Year: 22%

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 0.25 5.35 5.35 5.35 5.35 5.35 5.35 5.35 5.35 5.35 5.35 5.35 5.35
Reserves 0.06 0.07 0.15 0.23 0.24 0.22 0.23 0.18 0.16 -0.02 1.00 2.60 4.66
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.20 0.01 1.68
0.00 0.03 0.05 0.02 0.01 0.02 1.40 3.19 0.24 0.02 2.95 36.61 1.64
Total Liabilities 0.31 5.45 5.55 5.60 5.60 5.59 6.98 8.72 5.75 5.35 9.50 44.57 13.33
0.03 0.02 0.01 0.00 0.00 0.00 0.02 0.01 0.00 0.00 0.00 0.00 0.00
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 0.00
Investments 0.00 0.00 0.00 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.28 5.43 5.54 5.57 5.60 5.59 6.96 8.71 5.75 5.35 9.50 44.57 13.33
Total Assets 0.31 5.45 5.55 5.60 5.60 5.59 6.98 8.72 5.75 5.35 9.50 44.57 13.33

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
0.01 -4.82 -0.05 -0.04 0.10 4.67 -2.45 3.00 -1.65 -0.88 1.33 -0.04
-0.02 -0.03 0.00 -0.03 0.03 -5.12 2.33 -3.23 1.67 0.84 -1.56 0.22
0.00 5.10 0.00 0.00 0.00 0.42 0.26 -0.06 -0.03 0.00 0.20 -0.19
Net Cash Flow -0.01 0.25 -0.05 -0.06 0.12 -0.03 0.14 -0.29 0.00 -0.04 -0.02 -0.01

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 1.75 0.71 101.08 0.00 365.00 54.59 64.41 2.29 12.53 363.09 395.23
Inventory Days 55.47 12.32 262.34 277.72 0.00 0.00 0.00 38.12 0.00 0.00 0.00
Days Payable 1.79 0.00 0.00 0.00 12.13
Cash Conversion Cycle 55.43 13.04 363.42 277.72 365.00 54.59 64.41 28.28 12.53 363.09 395.23
Working Capital Days 900.22 189.47 3,043.54 4,131.49 425.83 69.96 130.22 56.73 136.29 112.75 29.13
ROCE % 3.28% 1.05% 2.01% 1.99% 0.36% -0.36% 0.36% 0.00% -0.72% -3.32% 21.38% 32.67%

Shareholding Pattern

Numbers in percentages

17 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22%
99.78% 99.78% 99.78% 99.77% 99.77% 99.78% 99.77% 99.78% 99.78% 99.76% 99.78% 99.78%
No. of Shareholders 2,3302,3272,3402,3572,3512,3672,3672,5196,2136,7756,4826,690

Documents