Innovators Facade Systems Ltd

Innovators Facade Systems Ltd

₹ 189 5.29%
22 Nov - close price
About

Incorporated in 1999, Innovators Façade Systems Ltd is in the Business of design, engineering, fabrication, supply, and installation
of facade systems[1]

Key Points

Business Overview:[1]
IFSL is an aluminum façade contractor and execution of specialized facade work with designing, engineering, fabrication
and installation of all types of façade systems

  • Market Cap 357 Cr.
  • Current Price 189
  • High / Low 264 / 141
  • Stock P/E 19.5
  • Book Value 71.7
  • Dividend Yield 0.00 %
  • ROCE 17.8 %
  • ROE 12.8 %
  • Face Value 10.0

Pros

  • Company's working capital requirements have reduced from 195 days to 121 days

Cons

  • Stock is trading at 2.64 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 7.60% over last 3 years.
  • Company's cost of borrowing seems high

* 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: Construction Industry: Construction

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
93 68 73 31 35 30 59 72 109 100 115 114
80 59 67 27 30 25 54 65 98 89 98 97
Operating Profit 13 9 6 4 4 5 6 7 11 11 17 17
OPM % 14% 14% 9% 13% 13% 16% 10% 10% 10% 11% 15% 15%
-6 0 -15 0 0 0 1 0 1 1 2 1
Interest 2 3 3 2 2 2 2 3 4 4 4 5
Depreciation 1 2 2 2 2 3 3 4 -1 2 2 2
Profit before tax 3 5 -14 0 0 0 1 1 9 7 13 11
Tax % 54% 24% -11% -121% 90% -50% -18% -4% 16% 25% 23% 24%
2 4 -12 1 0 0 1 1 7 5 10 8
EPS in Rs 0.81 2.08 -6.43 0.39 0.02 0.20 0.66 0.61 3.86 2.68 5.36 4.31
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
100 154 157 141 66 89 181 215 229
91 133 136 126 58 78 163 186 195
Operating Profit 9 22 21 15 8 11 18 29 34
OPM % 9% 14% 13% 11% 13% 12% 10% 13% 15%
2 1 -6 -15 1 1 1 3 3
Interest 6 9 5 5 4 5 6 8 9
Depreciation 2 2 2 4 4 6 3 4 4
Profit before tax 3 12 8 -8 1 1 10 20 24
Tax % 85% 32% 39% -3% 5% -24% 13% 24%
0 8 5 -8 1 2 8 15 18
EPS in Rs 0.43 6.00 2.50 -4.35 0.42 0.86 4.48 8.04 9.67
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 6%
3 Years: 48%
TTM: 9%
Compounded Profit Growth
10 Years: %
5 Years: 10%
3 Years: 173%
TTM: 48%
Stock Price CAGR
10 Years: %
5 Years: 43%
3 Years: 58%
1 Year: -10%
Return on Equity
10 Years: %
5 Years: 6%
3 Years: 8%
Last Year: 13%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 10 13 19 19 19 19 19 19 19
Reserves 31 55 90 82 83 85 93 108 116
61 54 49 43 25 33 39 43 43
35 43 35 22 19 34 86 82 89
Total Liabilities 137 165 193 165 145 170 236 253 267
15 13 24 29 37 40 47 63 66
CWIP 0 0 5 0 0 2 0 0 0
Investments 0 0 0 0 0 0 0 0 0
122 151 163 136 108 129 189 189 201
Total Assets 137 165 193 165 145 170 236 253 267

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
10 1 -5 13 28 9 16 31
-1 -9 -19 -4 -7 -13 -15 -23
-6 2 26 -11 -22 4 -1 -4
Net Cash Flow 3 -7 2 -2 -0 -0 -0 3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 136 154 125 93 168 90 70 63
Inventory Days 218 129 177 196 304 311 312 230
Days Payable 132 91 127 95 168 141 223 150
Cash Conversion Cycle 222 192 175 194 304 261 159 142
Working Capital Days 274 217 246 234 378 313 150 121
ROCE % 18% 14% 8% 3% 4% 11% 18%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
63.71% 63.71% 63.71% 63.71% 63.71% 63.71% 63.71% 63.71% 63.71% 63.71% 63.71% 63.71%
0.25% 0.20% 0.20% 0.20% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.00%
36.05% 36.09% 36.09% 36.09% 36.25% 36.25% 36.25% 36.25% 36.24% 36.25% 36.25% 36.29%
No. of Shareholders 8599679831,0151,0831,0491,0951,2361,2661,3121,5351,499

* 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.

Documents