Bartronics India Ltd

Bartronics India Ltd

₹ 21.1 -1.59%
24 Jul - close price
About

Incorporated in 1990, Bartronics India Ltd provides Automatic Identification & Data Capture (AIDC) solutions[1]

Key Points

Business Overview:[1]
Company started with providing solutions based on barcode and is a leading player in the country to provide solutions using umbrella of AIDC technologies. It has a manufacturing facility with capacity to manufacture 80mn smart cards per annum. Using these 2 synergies, the company ventured into Financial Inclusion projects driven by Reserve Bank of India known as Jan Dhan Yojana

  • Market Cap 642 Cr.
  • Current Price 21.1
  • High / Low 28.8 / 9.75
  • Stock P/E 303
  • Book Value 0.87
  • Dividend Yield 0.00 %
  • ROCE 3.74 %
  • ROE 8.17 %
  • Face Value 1.00

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 24.2 times its book value
  • The company has delivered a poor sales growth of -6.47% over past five years.
  • Earnings include an other income of Rs.0.73 Cr.

* 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.

Loading peers table ...

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
18.20 14.82 16.22 16.29 18.23 15.37 13.73 11.47 12.05 12.07 12.43 11.92 12.41
16.29 13.98 14.72 14.78 16.41 14.04 12.77 11.65 12.19 11.41 12.82 12.10 12.56
Operating Profit 1.91 0.84 1.50 1.51 1.82 1.33 0.96 -0.18 -0.14 0.66 -0.39 -0.18 -0.15
OPM % 10.49% 5.67% 9.25% 9.27% 9.98% 8.65% 6.99% -1.57% -1.16% 5.47% -3.14% -1.51% -1.21%
0.23 0.02 0.01 0.05 0.04 0.00 0.13 0.07 157.90 0.04 -0.29 0.25 0.75
Interest 13.10 13.10 13.10 13.10 13.10 13.10 13.10 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 1.07 1.07 1.07 1.07 1.07 1.07 1.05 1.05 1.01 0.19 0.14 0.07 0.04
Profit before tax -12.03 -13.31 -12.66 -12.61 -12.31 -12.84 -13.06 -1.16 156.75 0.51 -0.82 0.00 0.56
Tax % -9.73% -1.13% -1.11% -1.11% -1.22% 5.76% -1.30% -13.79% 12.15% 9.80% 20.73% -253.57%
-10.86 -13.16 -12.52 -12.46 -12.16 -13.58 -12.90 -1.00 137.70 0.46 -0.99 -0.06 1.98
EPS in Rs -3.19 -3.87 -3.68 -3.66 -3.57 -3.99 -3.79 -0.33 4.52 0.02 -0.03 -0.00 0.07
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Sep 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
556.21 50.44 39.30 42.36 72.12 70.84 68.23 66.13 62.81 65.44 52.44 48.84
559.13 124.89 43.26 31.94 62.00 57.97 84.26 59.09 56.85 59.78 50.47 48.89
Operating Profit -2.92 -74.45 -3.96 10.42 10.12 12.87 -16.03 7.04 5.96 5.66 1.97 -0.05
OPM % -0.52% -147.60% -10.08% 24.60% 14.03% 18.17% -23.49% 10.65% 9.49% 8.65% 3.76% -0.10%
31.15 63.19 3.52 18.98 -3.35 1.97 0.19 3.08 0.24 0.13 158.11 0.73
Interest 73.92 50.56 70.09 53.67 51.89 52.40 52.45 52.43 52.40 52.40 26.21 0.00
Depreciation 72.32 52.77 57.21 11.16 6.07 5.90 5.40 4.55 4.28 4.27 4.18 0.45
Profit before tax -118.01 -114.59 -127.74 -35.43 -51.19 -43.46 -73.69 -46.86 -50.48 -50.88 129.69 0.23
Tax % 3.24% -39.67% -11.97% -6.35% -0.78% -0.90% -10.50% 9.41% -2.48% -1.14% 15.01% -500.00%
-121.83 -69.12 -112.45 -33.18 -50.79 -43.06 -65.94 -51.27 -49.23 -50.30 110.22 1.38
EPS in Rs -35.78 -20.30 -33.03 -9.74 -14.92 -12.65 -19.37 -15.06 -14.46 -14.77 3.62 0.05
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: -6%
3 Years: -8%
TTM: -7%
Compounded Profit Growth
10 Years: 7%
5 Years: 15%
3 Years: 27%
TTM: 108%
Stock Price CAGR
10 Years: 6%
5 Years: 48%
3 Years: 79%
1 Year: 76%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Sep 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 34.05 34.05 34.05 34.05 34.05 34.05 34.05 34.05 34.05 34.05 30.46 30.46
Reserves 332.72 251.64 148.71 115.53 57.47 14.85 -27.40 -51.06 -108.08 -146.56 -5.05 -3.95
598.78 778.42 734.32 772.55 789.06 747.06 797.21 1,047.18 1,091.80 1,155.96 0.00 0.00
541.97 480.61 529.64 559.32 584.79 416.58 447.95 243.92 243.59 245.31 43.36 3.23
Total Liabilities 1,507.52 1,544.72 1,446.72 1,481.45 1,465.37 1,212.54 1,251.81 1,274.09 1,261.36 1,288.76 68.77 29.74
171.47 120.08 64.60 55.17 50.10 44.54 39.41 32.13 27.86 23.59 3.84 2.00
CWIP 15.56 13.41 13.56 13.56 13.56 13.56 13.56 12.16 12.16 12.16 0.00 0.00
Investments 302.18 302.18 302.18 302.18 302.18 302.18 305.63 302.18 302.18 302.18 0.00 0.00
1,018.31 1,109.05 1,066.38 1,110.54 1,099.53 852.26 893.21 927.62 919.16 950.83 64.93 27.74
Total Assets 1,507.52 1,544.72 1,446.72 1,481.45 1,465.37 1,212.54 1,251.81 1,274.09 1,261.36 1,288.76 68.77 29.74

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Sep 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
81.12 -11.65 107.22 -5.28 3.55 63.52 31.32 60.63 2.11 3.95 -4.10 -0.48
-2.69 55.86 7.67 -1.68 1.09 0.26 20.16 10.78 0.24 0.12 0.59 0.96
-82.32 -43.99 -114.24 7.86 -3.32 -63.86 -51.77 -68.83 -0.03 0.03 -2.25 0.00
Net Cash Flow -3.89 0.22 0.66 0.90 1.31 -0.07 -0.29 2.57 2.32 4.10 -5.77 0.48

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Sep 2012 Sep 2013 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 526.22 6,589.47 7,924.31 7,685.68 4,450.80 3,247.85 3,532.95 3,822.21 3,932.25 3,906.63 15.73 3.36
Inventory Days 4.50 48.99 146.20 523.50 96.47 173.23 81.19 123.51 388.87 21.31
Days Payable 225.45 2,339.48 5,358.45 17,264.83 4,922.33 2,600.93 1,777.66 1,872.28 4,518.24 35.97
Cash Conversion Cycle 305.27 4,298.97 2,712.07 -9,055.65 -375.06 820.16 1,836.48 2,073.44 3,932.25 -222.75 1.08 3.36
Working Capital Days -5.09 -50.00 -1,185.65 -1,248.20 -1,015.64 -1,560.94 -1,880.37 -1,125.85 -1,356.04 -1,367.19 74.20 -7.25
ROCE % -4.33% -6.31% -5.71% 1.99% 0.47% 1.07% -2.66% 0.62% 0.19% 0.15% -0.30% 3.74%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Jul 2024
10.55% 10.55% 10.55% 10.54% 0.00% 90.00% 90.00% 90.00% 90.00% 90.00% 90.00% 85.57%
1.95% 1.95% 1.95% 1.95% 2.18% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22%
87.50% 87.50% 87.50% 87.48% 97.81% 9.78% 9.78% 9.78% 9.77% 9.78% 9.79% 14.22%
No. of Shareholders 37,12837,20736,93636,65236,45436,31835,97435,94835,68838,59439,61040,008

* 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