Dindigul Farm Product Ltd

Dindigul Farm Product Ltd

₹ 55.4 -3.27%
20 Dec - close price
About

Founded in 2010, Dindigul Farm Product Limited processes whole and skimmed milk into various dairy ingredients like milk protein concentrates, skimmed milk powder, dairy whitener, etc.[1]

Key Points

Product Portfolio[1] Milk protein concentrates, skimmed milk powder, dairy whitener, whey protein concentrate, milk whey powder, casein, unbranded cream, butter, and fat-filled powders for infant milk formula.

  • Market Cap 135 Cr.
  • Current Price 55.4
  • High / Low 144 / 53.8
  • Stock P/E 15.5
  • Book Value 17.5
  • Dividend Yield 0.00 %
  • ROCE 58.7 %
  • ROE %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company's cost of borrowing seems high
  • Working capital days have increased from -24.5 days to 67.3 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: FMCG Industry: Food - Processing - Indian

Part of BSE SME IPO

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Half Yearly Results

Figures in Rs. Crores

Sep 2023 Sep 2024
48.52 32.70
41.22 28.40
Operating Profit 7.30 4.30
OPM % 15.05% 13.15%
0.01 0.06
Interest 1.31 1.45
Depreciation 0.97 0.90
Profit before tax 5.03 2.01
Tax % 0.00% 0.00%
5.03 2.01
EPS in Rs 34.97 0.82
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
17.63 28.32 81.58 85.53
18.47 29.84 72.30 72.58
Operating Profit -0.84 -1.52 9.28 12.95
OPM % -4.76% -5.37% 11.38% 15.14%
0.78 1.86 0.42 0.03
Interest 2.20 2.47 2.59 3.19
Depreciation 2.36 2.03 1.94 2.13
Profit before tax -4.62 -4.16 5.17 7.66
Tax % 0.00% 0.00% 0.00% -14.10%
-4.62 -4.17 5.17 8.74
EPS in Rs -32.12 -28.99 35.95 4.86
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 69%
TTM: 5%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 57%
TTM: 69%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 14.38 14.38 14.38 17.98 24.43
Reserves -31.81 -36.01 -30.77 -7.64 18.33
27.16 25.80 23.99 19.00 15.22
20.22 20.80 21.39 24.75 15.57
Total Liabilities 29.95 24.97 28.99 54.09 73.55
14.00 11.96 12.78 11.48 10.97
CWIP 0.00 0.12 0.00 0.58 3.53
Investments 0.58 0.15 0.22 0.22 0.23
15.37 12.74 15.99 41.81 58.82
Total Assets 29.95 24.97 28.99 54.09 73.55

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
3.06 0.98 6.30 -7.52
-0.73 2.29 -2.63 -1.59
-2.34 -3.83 -3.66 9.09
Net Cash Flow -0.01 -0.56 0.02 -0.03

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 62.52 45.37 7.87 11.14
Inventory Days 226.74 83.18 56.69 98.87
Days Payable 607.10 339.23 123.45 152.31
Cash Conversion Cycle -317.84 -210.69 -58.89 -42.31
Working Capital Days -130.64 -114.84 -26.04 67.26
ROCE % -49.21% 131.86% 58.74%

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024
59.36% 59.36%
7.61% 8.11%
4.57% 1.22%
28.45% 31.32%
No. of Shareholders 1,5701,223

* 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