Aveer Foods Ltd

Aveer Foods Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Aveer Foods Ltd

₹ 485 0.45%
26 Jul - close price
aveerfoods.com BSE: 543737
About

Incorporated in 2019, Aveer Foods
Ltd manufactures and sells processed
foods[1]

Key Points

Business Overview:[1][2]
Company does processing of Agri based Products viz. Raw Mangoes, Lemons, Tomato, Spices etc. and manufactures Pickles, Ketchups, Sauces, Chutneys, Thecha, handmade & machine made Papad

Website BSE
  • Market Cap ₹ 195 Cr.
  • Current Price ₹ 485
  • High / Low ₹ 693 / 386
  • Stock P/E 156
  • Book Value ₹ 43.4
  • Dividend Yield 0.00 %
  • ROCE 10.3 %
  • ROE 7.41 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company's working capital requirements have reduced from 63.4 days to 49.5 days

Cons

  • Stock is trading at 11.2 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company has a low return on equity of -6.73% 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: FMCG Industry: Food - Processing - Indian

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Quarterly Results

Figures in Rs. Crores

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
21.07 23.21 28.86 21.14 23.50 24.10 25.95 23.29 21.76 25.40
21.27 23.91 28.95 21.11 21.66 22.44 24.20 21.72 20.46 24.33
Operating Profit -0.20 -0.70 -0.09 0.03 1.84 1.66 1.75 1.57 1.30 1.07
OPM % -0.95% -3.02% -0.31% 0.14% 7.83% 6.89% 6.74% 6.74% 5.97% 4.21%
0.00 0.00 0.00 0.02 0.00 0.02 0.00 0.00 0.00 0.00
Interest 0.07 0.02 0.36 0.30 0.29 0.18 0.35 0.38 0.26 0.16
Depreciation 0.26 0.29 0.30 0.32 0.35 0.36 0.80 0.80 0.85 0.84
Profit before tax -0.53 -1.01 -0.75 -0.57 1.20 1.14 0.60 0.39 0.19 0.07
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.53 -1.01 -0.75 -0.57 1.20 1.14 0.61 0.38 0.19 0.07
EPS in Rs -1.41 2.98 2.83 1.51 0.94 0.47 0.17
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 3.21 78.36 96.05 96.40
0.13 2.93 81.88 92.61 90.72
Operating Profit -0.13 0.28 -3.52 3.44 5.68
OPM % 8.72% -4.49% 3.58% 5.89%
0.00 0.00 0.01 0.04 0.01
Interest 0.00 0.00 0.51 1.13 1.15
Depreciation 0.00 0.06 0.96 1.32 3.29
Profit before tax -0.13 0.22 -4.98 1.03 1.25
Tax % 0.00% 4.55% 0.00% 0.00% 0.00%
-0.13 0.21 -4.98 1.02 1.25
EPS in Rs 2.53 3.10
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 211%
TTM: 0%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 81%
TTM: 23%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 13%
Return on Equity
10 Years: %
5 Years: %
3 Years: -7%
Last Year: 7%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0.01 0.01 4.03 4.03 4.03
Reserves -0.13 0.08 11.20 12.22 13.44
0.41 6.60 12.30 7.92 5.11
0.07 3.06 14.38 13.98 10.12
Total Liabilities 0.36 9.75 41.91 38.15 32.70
0.01 0.00 7.90 9.36 10.42
CWIP 0.00 0.50 0.00 0.00 0.00
Investments 0.00 0.00 0.02 0.02 0.00
0.35 9.25 33.99 28.77 22.28
Total Assets 0.36 9.75 41.91 38.15 32.70

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.27 -3.09 -2.51 4.84 8.01
-0.01 -1.14 -3.71 -2.78 -0.26
0.42 6.19 7.49 -5.51 -8.02
Net Cash Flow 0.15 1.96 1.27 -3.44 -0.27

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 12.51 19.28 0.38 2.80
Inventory Days 801.85 167.91 179.15 131.66
Days Payable 432.54 64.29 45.37 23.12
Cash Conversion Cycle 381.82 122.90 134.16 111.34
Working Capital Days 397.98 79.88 60.76 49.52
ROCE % 6.30% -26.13% 8.36% 10.27%

Shareholding Pattern

Numbers in percentages

Aug 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
72.33% 72.33% 72.33% 72.52% 72.52% 72.60% 72.59% 72.48%
27.66% 27.66% 27.67% 27.48% 27.47% 27.41% 27.41% 27.52%
No. of Shareholders 3,5263,5263,8063,7443,6633,6423,6013,549

Documents

Announcements

Annual reports