Prabhat Technologies (India) Ltd
₹ 100
4.55%
19 Jan 2024
About
Incorporated in 1997, Prabhat Technologies (India) Ltd is in the business of technology
& related technical equipment[1]
Key Points
- Market Cap ₹ 107 Cr.
- Current Price ₹ 100
- High / Low ₹ 104 / 85.0
- Stock P/E
- Book Value ₹ 3.11
- Dividend Yield 0.00 %
- ROCE -1.07 %
- ROE -1.65 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 32.2 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -58.1% over past five years.
- Company has a low return on equity of -2.16% over last 3 years.
- Company might be capitalizing the interest cost
- Promoters have pledged 41.1% of their holding.
- Company has high debtors of 848 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: Telecom-Handsets/Mobile Industry: Telecommunications - Equipment
Loading peers table ...
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 213.94 | 294.17 | 303.27 | 316.63 | 286.39 | 277.51 | 120.55 | 23.34 | 1.99 | 3.56 | 1.76 | 1.55 | 0.06 | |
| 205.74 | 288.64 | 292.91 | 303.60 | 271.00 | 297.08 | 130.20 | 77.43 | 7.35 | 4.81 | 2.84 | 2.51 | 1.01 | |
| Operating Profit | 8.20 | 5.53 | 10.36 | 13.03 | 15.39 | -19.57 | -9.65 | -54.09 | -5.36 | -1.25 | -1.08 | -0.96 | -0.95 |
| OPM % | 3.83% | 1.88% | 3.42% | 4.12% | 5.37% | -7.05% | -8.00% | -231.75% | -269.35% | -35.11% | -61.36% | -61.94% | -1,583.33% |
| 1.46 | 3.89 | 0.97 | 0.35 | -0.12 | 3.99 | 1.97 | -31.14 | 0.50 | 0.01 | 0.73 | 0.80 | 0.96 | |
| Interest | 3.64 | 4.56 | 7.49 | 9.43 | 11.17 | 2.72 | 1.10 | 0.77 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.51 | 0.59 | 2.65 | 2.12 | 2.10 | 0.89 | 0.88 | 0.89 | 0.54 | 0.50 | 0.43 | 0.46 | 0.44 |
| Profit before tax | 5.51 | 4.27 | 1.19 | 1.83 | 2.00 | -19.19 | -9.66 | -86.89 | -5.40 | -1.74 | -0.78 | -0.62 | -0.43 |
| Tax % | 35.93% | 27.17% | 5.04% | 39.89% | 27.00% | 2.34% | -58.28% | -25.76% | -7.78% | -20.11% | -52.56% | -53.23% | |
| 3.53 | 3.11 | 1.13 | 1.09 | 1.46 | -19.65 | -4.03 | -64.52 | -4.97 | -1.39 | -0.38 | -0.29 | -0.10 | |
| EPS in Rs | 3.68 | 3.11 | 1.13 | 1.09 | 1.46 | -18.36 | -3.76 | -60.26 | -4.64 | -1.30 | -0.35 | -0.27 | -0.10 |
| Dividend Payout % | 14.71% | 18.70% | 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: | -41% |
| 5 Years: | -58% |
| 3 Years: | -8% |
| TTM: | -97% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 25% |
| TTM: | 73% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -21% |
| 3 Years: | -38% |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | -17% |
| 5 Years: | -27% |
| 3 Years: | -2% |
| Last Year: | -2% |
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 | 7.99 | 8.31 | 8.31 | 8.31 | 8.31 | 8.92 | 10.71 | 10.71 | 10.71 | 10.71 | 10.71 | 10.71 | 10.71 |
| Reserves | 25.24 | 29.95 | 31.07 | 32.17 | 33.63 | 21.98 | 14.83 | 12.31 | 22.90 | 21.44 | 21.06 | -7.28 | -7.38 |
| 29.00 | 38.67 | 72.09 | 68.35 | 87.21 | 88.40 | 99.65 | 62.42 | 40.01 | 40.23 | 40.35 | 40.26 | 40.26 | |
| 56.31 | 75.38 | 67.88 | 77.70 | 63.94 | 35.05 | 19.62 | 5.18 | 12.35 | 12.54 | 12.30 | 12.10 | 11.99 | |
| Total Liabilities | 118.54 | 152.31 | 179.35 | 186.53 | 193.09 | 154.35 | 144.81 | 90.62 | 85.97 | 84.92 | 84.42 | 55.79 | 55.58 |
| 12.45 | 12.90 | 24.97 | 22.91 | 23.29 | 24.82 | 24.44 | 21.35 | 20.81 | 20.41 | 19.98 | 19.51 | 19.33 | |
| 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 | 0.02 | 0.02 | 0.02 | 0.03 | 3.33 | 4.34 | 1.43 | 0.67 | 0.06 | 0.06 | 0.06 |
| 106.09 | 139.41 | 154.36 | 163.60 | 169.78 | 129.50 | 117.04 | 64.93 | 63.73 | 63.84 | 64.38 | 36.22 | 36.19 | |
| Total Assets | 118.54 | 152.31 | 179.35 | 186.53 | 193.09 | 154.35 | 144.81 | 90.62 | 85.97 | 84.92 | 84.42 | 55.79 | 55.58 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.13 | -5.36 | -11.19 | 6.96 | 4.79 | -22.13 | -9.36 | 34.46 | 12.37 | -0.41 | -0.95 | -1.23 | |
| -2.18 | 0.23 | -14.96 | 0.85 | 2.62 | 0.22 | -1.98 | 4.34 | 3.03 | 0.18 | 1.35 | 0.80 | |
| 2.32 | 5.03 | 26.81 | -7.19 | -8.20 | 22.33 | 10.57 | -38.00 | -16.26 | 0.22 | 0.12 | -0.09 | |
| Net Cash Flow | 0.02 | -0.10 | 0.67 | 0.62 | -0.78 | 0.43 | -0.77 | 0.80 | -0.85 | -0.01 | 0.51 | -0.53 |
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 | 114.87 | 122.58 | 121.35 | 126.67 | 108.76 | 97.53 | 146.91 | 403.63 | 5,253.07 | 2,874.89 | 5,748.75 | 847.74 |
| Inventory Days | 42.46 | 26.87 | 39.48 | 41.62 | 89.68 | 39.65 | 50.43 | 14.40 | 227.89 | 206.18 | 428.12 | 362.36 |
| Days Payable | 87.32 | 86.79 | 80.57 | 77.11 | 81.93 | 21.61 | 26.16 | 5.96 | 166.75 | 215.94 | 400.68 | 161.34 |
| Cash Conversion Cycle | 70.01 | 62.66 | 80.26 | 91.18 | 116.52 | 115.56 | 171.18 | 412.07 | 5,314.21 | 2,865.14 | 5,776.19 | 1,048.76 |
| Working Capital Days | 83.04 | 77.34 | 101.58 | 107.51 | 127.70 | 120.19 | 264.51 | 496.99 | 5,717.11 | 3,151.71 | 6,348.10 | 666.42 |
| ROCE % | 15.91% | 12.69% | 9.21% | 10.22% | 11.59% | -13.26% | -7.00% | -48.37% | -6.82% | -2.22% | -0.86% | -1.07% |
Documents
Announcements
-
Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)
42m - Next hearing for Prabhat Technologies' resolution plan scheduled.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - Unaudited financial results published for Q2 2024.
-
Board Meeting Outcome for Outcome Of Board Meeting Dated November 14, 2024
15 Nov - Board meeting outcome and financial results for Q2 2024.
- Outcome Of Board Meeting Alongwith Unaudited Financial Result For The Quarter Ended September 30, 2024 15 Nov
-
Board Meeting Intimation for Intimation Of Meeting Of Board (Resolution Professional), Next Date Of Meeting Of Board (Resolution Professional) And Closure Of Trading Window.
13 Nov - Rescheduling of Board meeting and closure of trading window.
Products & Services:[1]
a) Xccess:
Launched in 2012, Xccess is a mobile
handset brand. It is available as a feature
phones and mid-segment of smartphones
and accessories
b) The Mobile Plus:
It is an e-commerce portal that provides multi-brand gadgets viz. mobiles and accessories, under the brand name Mobile Plus
c) Vee Three Informatics:
It is the research & development arm
of the company that is engaged in product development, app development, software development, and technological enhancement of products
d) Prabhat Enterprises:
It is engaged in after-sales service and support. It is a service center for brands like Micromax and Hisense and has its network and a tie-up network of service point centers with a Pan India presence.