Ambica Agarbathies Aroma & Industries Ltd

Ambica Agarbathies Aroma & Industries Ltd

₹ 26.2 -0.38%
26 Jul - close price
About

Incorporated in 1995, Ambica Agarbathies & Aroma Industries Limited manufactures and sells incense sticks in India. The company owns a farm land with resort club house and health center. It is also involved in the film production and distribution activities; and operates hotels.

Key Points

Operational Segments:[1]
a) Agarbathies Division:
Incense sticks account for >90% of revenues, some majors products are:
Durbar Bathi: It is available in various fragrances to suit the different demands of the clients.
Amrutham: The incense sticks are especially made with herbs
Athjisaya Dhoop: This is comprised of natural base materials keeping in mind the national and international quality standards

  • Market Cap 45.0 Cr.
  • Current Price 26.2
  • High / Low 43.2 / 23.2
  • Stock P/E
  • Book Value 59.0
  • Dividend Yield 0.00 %
  • ROCE 4.44 %
  • ROE -3.55 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.44 times its book value
  • Debtor days have improved from 61.9 to 35.1 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -6.67% over past five years.
  • Company has a low return on equity of 0.41% over last 3 years.
  • Earnings include an other income of Rs.5.35 Cr.
  • Promoter holding has decreased over last 3 years: -4.94%

* 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: Chemicals Industry: Chemicals

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
36.96 19.14 28.06 28.75 40.38 20.93 29.20 31.95 35.16 21.25 24.31 28.93 23.35
37.88 18.09 27.16 27.34 29.73 20.75 28.31 28.87 31.93 20.23 23.87 27.20 22.75
Operating Profit -0.92 1.05 0.90 1.41 10.65 0.18 0.89 3.08 3.23 1.02 0.44 1.73 0.60
OPM % -2.49% 5.49% 3.21% 4.90% 26.37% 0.86% 3.05% 9.64% 9.19% 4.80% 1.81% 5.98% 2.57%
2.85 0.68 1.35 0.46 -1.80 0.00 2.76 0.72 1.88 0.01 0.49 0.03 4.82
Interest 2.02 1.75 1.74 1.54 5.81 1.83 1.74 1.76 2.51 2.06 2.09 2.07 3.49
Depreciation -0.31 0.79 0.79 0.79 0.90 0.82 0.82 0.82 -0.60 0.46 0.46 0.46 0.31
Profit before tax 0.22 -0.81 -0.28 -0.46 2.14 -2.47 1.09 1.22 3.20 -1.49 -1.62 -0.77 1.62
Tax % -1,513.64% -100.00% -289.29% -176.09% 29.44% -18.22% 0.00% -36.89% 44.69% 8.72% -8.02% 0.00% 86.42%
3.55 0.00 0.53 0.35 1.52 -2.02 1.10 1.67 1.78 -1.62 -1.49 -0.77 0.22
EPS in Rs 2.07 0.00 0.31 0.20 0.88 -1.18 0.64 0.97 1.04 -0.94 -0.87 -0.45 0.13
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
87.62 94.45 97.57 103.59 119.22 125.36 138.21 167.50 143.40 116.33 117.03 97.85
76.22 80.38 83.39 90.80 107.22 130.62 125.72 153.43 137.66 102.00 108.84 94.05
Operating Profit 11.40 14.07 14.18 12.79 12.00 -5.26 12.49 14.07 5.74 14.33 8.19 3.80
OPM % 13.01% 14.90% 14.53% 12.35% 10.07% -4.20% 9.04% 8.40% 4.00% 12.32% 7.00% 3.88%
1.31 0.65 0.57 1.44 2.26 1.59 2.70 0.38 4.36 1.23 5.36 5.35
Interest 7.81 9.65 9.24 8.97 8.51 8.66 7.78 7.78 7.45 11.70 8.65 9.72
Depreciation 2.98 3.75 3.57 3.24 3.49 5.03 3.85 3.02 3.15 3.26 1.84 1.69
Profit before tax 1.92 1.32 1.94 2.02 2.26 -17.36 3.56 3.65 -0.50 0.60 3.06 -2.26
Tax % 32.29% 19.70% 25.77% 33.17% 32.30% 2.71% -187.64% -16.99% -648.00% -300.00% 17.32% 61.95%
1.29 1.06 1.44 1.35 1.54 -17.82 10.25 4.26 2.74 2.40 2.53 -3.66
EPS in Rs 0.75 0.62 0.84 0.79 0.90 -10.37 5.97 2.48 1.60 1.40 1.47 -2.13
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: 0%
5 Years: -7%
3 Years: -12%
TTM: -16%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -245%
Stock Price CAGR
10 Years: 15%
5 Years: %
3 Years: 12%
1 Year: -27%
Return on Equity
10 Years: 1%
5 Years: 2%
3 Years: 0%
Last Year: -4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 17.13 17.13 17.13 17.13 17.13 17.18 17.18 17.18 17.18 17.18 17.18 17.18
Reserves 16.18 17.38 18.83 19.00 20.14 68.04 75.74 80.01 82.86 85.26 87.77 84.10
64.75 63.83 57.58 57.61 57.71 76.52 66.88 65.87 69.14 63.58 62.82 67.32
21.68 22.81 16.05 17.44 19.04 39.95 34.37 41.27 42.33 53.13 36.05 42.66
Total Liabilities 119.74 121.15 109.59 111.18 114.02 201.69 194.17 204.33 211.51 219.15 203.82 211.26
43.93 41.95 39.45 38.09 45.25 131.83 129.33 126.40 124.56 121.53 121.54 118.62
CWIP 12.09 12.09 14.03 9.75 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.39
Investments 0.00 0.00 0.00 0.01 5.27 5.68 6.12 6.60 7.11 7.66 8.25 8.90
63.72 67.11 56.11 63.33 63.50 64.18 58.72 71.33 79.84 89.96 74.03 79.35
Total Assets 119.74 121.15 109.59 111.18 114.02 201.69 194.17 204.33 211.51 219.15 203.82 211.26

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
13.61 15.11 -0.40 22.38 27.47 -4.16 13.44 6.46 5.52 16.04 8.30 4.52
-13.99 -4.62 16.61 3.18 -0.60 -0.19 -1.01 -0.10 -1.45 -0.23 -1.86 1.76
0.68 -10.56 -15.49 -26.55 -26.27 10.28 -16.64 -5.79 -4.88 -16.73 -6.95 -5.97
Net Cash Flow 0.30 -0.07 0.72 -1.00 0.60 5.93 -4.21 0.57 -0.81 -0.93 -0.50 0.31

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 26.29 28.29 31.98 26.25 25.96 36.22 37.61 45.83 21.05 90.87 59.79 35.10
Inventory Days 94.60 88.84 129.09 157.11 103.84 6.58 11.94 37.98 41.69 56.75 10.46 28.94
Days Payable 27.65 25.96 17.12 25.46 40.77 13.02 12.34 24.87 42.12 107.86 16.68 68.61
Cash Conversion Cycle 93.23 91.16 143.96 157.90 89.03 29.78 37.21 58.93 20.62 39.75 53.57 -4.56
Working Capital Days 151.22 168.41 118.32 144.53 78.31 66.76 70.06 72.19 95.42 116.47 162.40 196.58
ROCE % 10.44% 11.17% 11.74% 11.74% 11.40% -6.78% 7.13% 7.40% 4.12% 7.34% 7.02% 4.44%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
48.35% 48.35% 48.35% 48.35% 48.35% 48.35% 48.35% 48.35% 45.44% 44.86% 43.69% 43.41%
0.01% 0.00% 0.15% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00%
51.65% 51.65% 51.50% 51.65% 51.65% 51.64% 51.66% 51.65% 54.56% 55.14% 56.29% 56.59%
No. of Shareholders 6,3336,82510,37810,0979,6889,2569,1168,4757,8877,9178,6808,885

* 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.

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