Ahimsa Industries Ltd

Ahimsa Industries Ltd

₹ 51.3 -2.01%
30 Jan - close price
About

Incorporated in 1996, Ahimsa Industries Ltd manufactures and supplies PET of preform, plastic processing machinery, injection moulds, etc.[1]

Key Points

Product Profile:
a) PET Preforms:[1]
Company manufactures PET Preforms under brand name Greenpet which are used in Still Water, Sparkling Water, CSD, Edible Oil, Liquors, Juices, Pharma, Dairy, etc. These Preforms are available in a variety of neck & weight categories with a conversion capacity of 7-8 lac preforms per day. Company export performs to USA and other countries
b) Caps:[2]
Compression & Injection Molded caps/closures
viz. Caps for CSD / Soft Drinks, Caps for Water, Caps for Warm Fill Juices

  • Market Cap 28.1 Cr.
  • Current Price 51.3
  • High / Low 74.6 / 15.1
  • Stock P/E
  • Book Value 21.6
  • Dividend Yield 0.00 %
  • ROCE -4.42 %
  • ROE -6.88 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -18.6%
  • The company has delivered a poor sales growth of -17.5% over past five years.
  • Company has a low return on equity of -3.77% over last 3 years.

* 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: Plastic products Industry: Plastics Products

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Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
17.00 14.46 9.61 12.34 10.14 11.93 11.61 8.63 6.49 8.06 6.72
16.57 13.99 9.00 11.21 9.19 11.98 11.05 8.66 6.40 8.35 7.23
Operating Profit 0.43 0.47 0.61 1.13 0.95 -0.05 0.56 -0.03 0.09 -0.29 -0.51
OPM % 2.53% 3.25% 6.35% 9.16% 9.37% -0.42% 4.82% -0.35% 1.39% -3.60% -7.59%
0.13 0.49 0.10 0.07 0.41 0.01 0.56 0.13 0.13 0.11 0.04
Interest 0.26 0.36 0.32 0.33 0.16 0.18 0.10 0.14 0.12 0.12 0.11
Depreciation 0.68 0.68 0.59 0.52 0.44 0.48 0.43 0.45 0.40 0.36 0.33
Profit before tax -0.38 -0.08 -0.20 0.35 0.76 -0.70 0.59 -0.49 -0.30 -0.66 -0.91
Tax % 0.00% -25.00% -10.00% 22.86% 3.95% -35.71% 1.69% -2.04% -6.67% -1.52% 0.00%
-0.38 -0.06 -0.18 0.28 0.73 -0.45 0.58 -0.48 -0.28 -0.65 -0.92
EPS in Rs -0.69 -0.11 -0.33 0.51 1.33 -0.82 1.06 -0.88 -0.51 -1.19 -1.68
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
14.68 21.38 32.11 60.62 59.27 95.78 37.84 31.45 21.95 21.90 20.24 14.46 14.78
11.67 19.01 29.86 55.41 54.62 92.03 35.55 30.41 20.09 21.18 19.67 14.66 15.58
Operating Profit 3.01 2.37 2.25 5.21 4.65 3.75 2.29 1.04 1.86 0.72 0.57 -0.20 -0.80
OPM % 20.50% 11.09% 7.01% 8.59% 7.85% 3.92% 6.05% 3.31% 8.47% 3.29% 2.82% -1.38% -5.41%
0.38 0.39 0.50 0.25 0.50 0.28 0.37 0.48 0.05 0.60 0.69 0.24 0.15
Interest 0.54 1.00 1.23 1.09 0.95 0.87 0.79 0.62 0.65 0.34 0.29 0.24 0.23
Depreciation 1.05 1.69 2.27 2.23 2.12 1.90 1.56 1.36 1.11 0.91 0.88 0.76 0.69
Profit before tax 1.80 0.07 -0.75 2.14 2.08 1.26 0.31 -0.46 0.15 0.07 0.09 -0.96 -1.57
Tax % 17.22% -157.14% 8.00% 14.02% 34.62% 34.92% 32.26% -4.35% 40.00% -300.00% 0.00% -3.12%
1.48 0.17 -0.82 1.84 1.35 0.83 0.21 -0.44 0.09 0.28 0.10 -0.93 -1.57
EPS in Rs 23.41 2.69 -2.07 3.36 2.47 1.52 0.38 -0.80 0.16 0.51 0.18 -1.70 -2.87
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -4%
5 Years: -18%
3 Years: -13%
TTM: -2%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -87%
Stock Price CAGR
10 Years: %
5 Years: 10%
3 Years: 35%
1 Year: %
Return on Equity
10 Years: 1%
5 Years: -3%
3 Years: -4%
Last Year: -7%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.63 0.63 3.96 5.47 5.47 5.47 5.47 5.47 5.47 5.47 5.47 5.47 5.47
Reserves 4.52 4.69 1.83 5.79 7.15 7.97 8.19 7.75 7.84 8.13 8.22 7.29 6.38
8.57 14.33 13.54 10.30 8.96 7.47 8.09 7.51 7.65 4.16 3.09 2.14 1.44
7.79 3.23 14.40 2.74 15.99 29.14 13.82 3.25 2.84 3.45 3.27 1.68 1.04
Total Liabilities 21.51 22.88 33.73 24.30 37.57 50.05 35.57 23.98 23.80 21.21 20.05 16.58 14.33
12.88 13.00 13.07 11.33 11.63 9.88 8.98 7.75 6.40 6.12 5.68 4.93 4.75
CWIP 0.00 0.00 0.00 0.56 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00
8.63 9.88 20.66 12.41 25.94 40.17 26.59 16.23 17.40 15.09 14.37 11.65 9.58
Total Assets 21.51 22.88 33.73 24.30 37.57 50.05 35.57 23.98 23.80 21.21 20.05 16.58 14.33

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.42 -2.12 1.50 0.22 3.28 1.02 4.31 0.73 2.69 2.43 0.75 1.19
-4.81 -1.69 -3.41 -2.12 -2.73 -1.16 -3.07 -0.97 -0.36 -0.67 -0.05 0.02
4.93 4.30 2.69 1.77 -0.87 -0.38 -1.30 -0.34 -0.28 -3.76 -1.07 -1.18
Net Cash Flow 0.54 0.49 0.78 -0.13 -0.32 -0.52 -0.06 -0.58 2.06 -1.99 -0.37 0.03

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 23.87 36.70 155.62 24.81 108.39 114.82 155.01 71.49 102.93 81.00 97.38 105.26
Inventory Days 197.18 102.93 48.90 34.42 38.65 31.98 86.83 98.40 129.93 119.13 119.81 168.74
Days Payable 18.31 30.38 181.95 16.10 113.60 92.92 155.28 37.11 38.58 37.79 50.89 50.13
Cash Conversion Cycle 202.75 109.25 22.56 43.13 33.43 53.88 86.56 132.77 194.29 162.34 166.30 223.87
Working Capital Days 74.09 60.26 13.41 27.70 36.52 29.19 97.04 131.38 189.07 173.67 184.30 218.85
ROCE % 22.92% 6.41% 2.46% 15.80% 14.05% 10.03% 5.16% -0.71% 4.17% 0.21% -1.45% -4.42%

Shareholding Pattern

Numbers in percentages

10 Recently
Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Dec 2024
69.28% 69.28% 69.28% 69.28% 69.28% 69.61% 69.61% 69.61% 69.61% 69.61% 69.61% 51.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18.58%
30.71% 30.72% 30.72% 30.72% 30.72% 30.39% 30.39% 30.39% 30.39% 30.39% 30.39% 30.39%
No. of Shareholders 878382818179777681806967

* 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.

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