Innovators Facade Systems Ltd
Incorporated in 1999, Innovators Façade Systems Ltd is in the Business of design, engineering, fabrication, supply, and installation
of facade systems[1]
- 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
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% |
Documents
Announcements
-
Receipt Of LOI For Work Order For Facade Design, Fabrication And Installation
2d - Received work order worth INR 110 Crores for facade work.
-
Non-Applicability Of Regulation 23(9) Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015.
12 Nov - Non-applicability of Regulation 23(9) of SEBI regulations.
-
Results - Financial Results For The Half Year Ended 30Th September, 2024
12 Nov - Submission of un-audited financial results for H1 2024.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Tuesday, 12Th November, 2024
12 Nov - Board approved unaudited financial results for H1 2024.
-
Board Meeting Intimation for The Meeting Scheduled To Be Held On Tuesday, 12Th November, 2024
5 Nov - Board meeting scheduled for November 12, 2024.
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