Innovative Ideals and Services India Ltd
Incorporated in 1994, Innovative Ideals and Services India Ltd deals in Security System and Mobile Phones[1]
- Market Cap ₹ 29.3 Cr.
- Current Price ₹ 25.7
- High / Low ₹ 40.4 / 3.15
- Stock P/E
- Book Value ₹ 2.85
- Dividend Yield 0.00 %
- ROCE -13.7 %
- ROE -43.2 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 9.04 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -0.79%
- The company has delivered a poor sales growth of -60.4% over past five years.
- Promoter holding is low: 16.0%
- Company has a low return on equity of -29.3% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 1,518 days.
- Working capital days have increased from 1,342 days to 3,066 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
12.12 | 10.61 | 20.27 | 25.55 | 12.16 | 3.47 | 4.59 | 3.58 | 0.25 | |
11.44 | 8.52 | 15.69 | 20.20 | 14.89 | 10.42 | 11.04 | 7.16 | 3.52 | |
Operating Profit | 0.68 | 2.09 | 4.58 | 5.35 | -2.73 | -6.95 | -6.45 | -3.58 | -3.27 |
OPM % | 5.61% | 19.70% | 22.59% | 20.94% | -22.45% | -200.29% | -140.52% | -100.00% | -1,308.00% |
0.06 | 0.13 | 0.88 | 1.96 | 0.30 | 0.90 | 1.62 | -5.69 | 0.04 | |
Interest | 0.68 | 0.73 | 0.47 | 1.19 | 1.43 | 1.69 | 1.74 | 0.36 | 0.01 |
Depreciation | 0.04 | 0.03 | 0.06 | 0.08 | 0.08 | 0.06 | 0.05 | 0.05 | 0.04 |
Profit before tax | 0.02 | 1.46 | 4.93 | 6.04 | -3.94 | -7.80 | -6.62 | -9.68 | -3.28 |
Tax % | 0.00% | 33.56% | 24.75% | 26.82% | -24.87% | -24.74% | -25.38% | -25.21% | -25.00% |
0.01 | 0.97 | 3.70 | 4.42 | -2.96 | -5.87 | -4.94 | -7.24 | -2.46 | |
EPS in Rs | 0.04 | 3.23 | 4.45 | 3.88 | -2.60 | -5.16 | -4.34 | -6.36 | -2.16 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -60% |
3 Years: | -58% |
TTM: | -93% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 16% |
TTM: | -62% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -30% |
3 Years: | 50% |
1 Year: | 680% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -23% |
3 Years: | -29% |
Last Year: | -43% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2.40 | 3.00 | 8.31 | 11.38 | 11.38 | 11.38 | 11.38 | 11.38 | 11.38 |
Reserves | 3.42 | 3.78 | 4.51 | 15.34 | 12.38 | 6.50 | 1.56 | -5.68 | -8.14 |
4.55 | 4.51 | 7.79 | 4.01 | 11.34 | 14.76 | 16.76 | 18.11 | 19.63 | |
10.45 | 11.58 | 13.47 | 13.77 | 9.62 | 6.24 | 5.82 | 6.48 | 6.05 | |
Total Liabilities | 20.82 | 22.87 | 34.08 | 44.50 | 44.72 | 38.88 | 35.52 | 30.29 | 28.92 |
0.46 | 0.43 | 0.55 | 0.53 | 0.49 | 0.43 | 0.40 | 0.36 | 0.32 | |
CWIP | 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 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 |
20.36 | 22.44 | 33.53 | 43.97 | 44.23 | 38.45 | 35.10 | 29.93 | 28.60 | |
Total Assets | 20.82 | 22.87 | 34.08 | 44.50 | 44.72 | 38.88 | 35.52 | 30.29 | 28.92 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
-0.51 | 0.31 | -5.68 | -0.22 | 1.19 | 3.89 | -4.18 | -2.11 | -1.54 | |
0.34 | 0.37 | -0.18 | -1.48 | -0.04 | 0.00 | -0.04 | 0.02 | 0.00 | |
-0.17 | -0.78 | 6.26 | 1.35 | -1.19 | -3.89 | 4.25 | 2.05 | 1.54 | |
Net Cash Flow | -0.34 | -0.09 | 0.40 | -0.35 | -0.04 | 0.00 | 0.03 | -0.04 | 0.00 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 386.08 | 516.37 | 231.57 | 195.86 | 232.93 | 279.80 | 152.68 | 106.03 | |
Inventory Days | 262.34 | 361.02 | 437.30 | 464.44 | 609.75 | 678.82 | 1,509.55 | 671.13 | |
Days Payable | 304.17 | 398.32 | 234.16 | 125.01 | 194.03 | 113.74 | 99.11 | 205.07 | |
Cash Conversion Cycle | 344.26 | 479.07 | 434.71 | 535.28 | 648.65 | 844.88 | 1,563.13 | 572.10 | |
Working Capital Days | 540.27 | 625.76 | 316.02 | 336.71 | 605.13 | 1,055.03 | 745.11 | 214.11 | |
ROCE % | 20.22% | 28.65% | 21.23% | -7.63% | -18.04% | -15.66% | -13.46% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Jul
- Undertaking For Not Falling Under Large Corporate Criteria 30 May
- Results- Financial Results For The Year Ended On March 31, 2024 30 May
- Board Meeting Outcome for Outcome Of Board Meeting 30 May
- Board Meeting Intimation for Audited Financial Results Of The Company For The Half Year And Financial Year Ended On March 31, 2024 Along With The Audit Report For The Corresponding Period 24 May
Business Overview:[1][2]
Company is providing services of system integration for security, safety and building automation an installation of various electronic systems. It caters to B2B & B2C segment and provides service in domestic and international market. They are the authorized distributor of FERMAX Electronia SAU for FERMAX Audio/Video Door Entry System, and have entered into an agreement with TATA Sky Broadband Pvt. Ltd. for provision of broadband services