Aelea Commodities Ltd
Incorporated in 2018, Aelea Commodities Ltd is in the business of trading agri-commodities[1]
- Market Cap ₹ 457 Cr.
- Current Price ₹ 224
- High / Low ₹ 249 / 157
- Stock P/E 57.2
- Book Value ₹ 40.2
- Dividend Yield 0.00 %
- ROCE 24.0 %
- ROE 34.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 5.48 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company's cost of borrowing seems high
- Working capital days have increased from 54.4 days to 82.4 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 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 496 | 391 | 66 | 80 | 120 | 152 | |
| 482 | 376 | 67 | 76 | 106 | 137 | |
| Operating Profit | 14 | 15 | -1 | 3 | 14 | 15 |
| OPM % | 3% | 4% | -2% | 4% | 11% | 10% |
| 0 | 0 | 3 | 1 | 1 | 1 | |
| Interest | 5 | 6 | 1 | 3 | 4 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 2 | 2 |
| Profit before tax | 9 | 9 | 0 | 1 | 9 | 11 |
| Tax % | 24% | 26% | -1,483% | 78% | 26% | |
| 7 | 7 | 1 | 0 | 7 | 8 | |
| EPS in Rs | 13,820.00 | 13,580.00 | 1,880.00 | 600.00 | 4.52 | 4.66 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -33% |
| TTM: | 50% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 0% |
| TTM: | 2170% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| Last Year: | 34% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 0.05 | 0.05 | 0.05 | 15 | 20 |
| Reserves | 9 | 15 | 16 | 16 | 8 | 62 |
| 0 | 11 | 21 | 33 | 41 | 24 | |
| 50 | 19 | 17 | 26 | 17 | 15 | |
| Total Liabilities | 59 | 45 | 54 | 76 | 81 | 121 |
| 0 | 10 | 10 | 36 | 35 | 37 | |
| CWIP | 0 | 2 | 17 | 0 | 0 | 7 |
| Investments | 1 | 1 | 1 | 1 | 1 | 1 |
| 57 | 32 | 26 | 39 | 45 | 77 | |
| Total Assets | 59 | 45 | 54 | 76 | 81 | 121 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -13 | 5 | 4 | -6 | ||
| -12 | -14 | -8 | -1 | ||
| 5 | 9 | 5 | 6 | ||
| Net Cash Flow | -20 | -0 | 1 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 13 | 8 | 64 | 43 | 44 |
| Inventory Days | 12 | 14 | 38 | 125 | 102 |
| Days Payable | 1 | 18 | 65 | 118 | 28 |
| Cash Conversion Cycle | 25 | 4 | 37 | 49 | 118 |
| Working Capital Days | -10 | 12 | 44 | 37 | 82 |
| ROCE % | 88% | 4% | 10% | 24% |
Documents
Announcements
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Statement Of Deviation And Variation
14 Nov - No deviation in IPO fund utilization reported.
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Unaudited Financial Results Of The Company For The Half Year Ended 30Th September 2024
26 Oct - Board approved unaudited financial results for H1 2024.
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Board Meeting Outcome for Outcome Of Board Meeting
26 Oct - Board approved unaudited financial results for H1 2024.
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Board Meeting Intimation for Aelea Commodities Limited To Be Held On 26/10/2024
19 Oct - Board meeting to approve financial results for H1 2024.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 23 Sep
Business Overview:[1][2]
a) Commodity Business: Primarily focused on processing cashew nuts.
b) Agricultural Commodity Trading: Engaged in trading commodities like sugar and rice.
c) Market Segments: In the cashew sector, AEL caters to both B2B and B2C markets, while other agricultural commodities are traded mainly on B2B platforms.
d) Raw Cashew Nut (RCN) Imports: AEL imports RCN from several African countries, including Benin, Tanzania, Burkina Faso, Senegal, and Côte d’Ivoire.
e) Processing and Trading: The company specializes in processing RCN into cashew kernels and also engages in trading activities for RCN and other agricultural products like sugar and bagasse.