Bartronics India Ltd
Incorporated in 1990, Bartronics India Ltd provides Automatic Identification & Data Capture (AIDC) solutions[1]
- Market Cap ₹ 548 Cr.
- Current Price ₹ 18.2
- High / Low ₹ 28.8 / 15.6
- Stock P/E
- Book Value ₹ 17.3
- Dividend Yield 0.00 %
- ROCE -0.19 %
- ROE -9.36 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.05 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -6.97% over past five years.
- Company has a low return on equity of -25.6% over last 3 years.
- Contingent liabilities of Rs.166 Cr.
- Earnings include an other income of Rs.460 Cr.
- Company has high debtors of 2,363 days.
- Working capital days have increased from 894 days to 2,188 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: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Sep 2012 18m | Sep 2013 | Mar 2015 18m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
888 | 1,163 | 153 | 108 | 109 | 85 | 75 | 69 | 66 | 63 | 65 | 52 | |
683 | 1,117 | 235 | 156 | 97 | 75 | 61 | 85 | 59 | 57 | 60 | 50 | |
Operating Profit | 205 | 46 | -82 | -48 | 12 | 10 | 14 | -16 | 7 | 6 | 6 | 2 |
OPM % | 23% | 4% | -53% | -44% | 11% | 12% | 19% | -24% | 11% | 9% | 9% | 4% |
9 | 34 | 63 | 62 | 19 | -3 | 2 | 0 | 3 | 0 | 0 | 460 | |
Interest | 61 | 73 | 51 | 70 | 56 | 52 | 52 | 52 | 52 | 52 | 52 | 26 |
Depreciation | 54 | 73 | 53 | 57 | 11 | 6 | 6 | 5 | 5 | 4 | 4 | 4 |
Profit before tax | 100 | -67 | -122 | -113 | -36 | -51 | -42 | -74 | -47 | -50 | -51 | 432 |
Tax % | -10% | 6% | -37% | -13% | -6% | -1% | -1% | -10% | 9% | -2% | -1% | 5% |
110 | -71 | -77 | -99 | -33 | -51 | -42 | -66 | -51 | -49 | -50 | 412 | |
EPS in Rs | 32.30 | -20.96 | -22.51 | -28.98 | -9.83 | -14.98 | -12.29 | -19.48 | -15.06 | -14.46 | -14.77 | 13.54 |
Dividend Payout % | 3% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -27% |
5 Years: | -7% |
3 Years: | -7% |
TTM: | -20% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 6% |
3 Years: | 13% |
TTM: | 45% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 66% |
3 Years: | 32% |
1 Year: | 7% |
Return on Equity | |
---|---|
10 Years: | -22% |
5 Years: | -30% |
3 Years: | -26% |
Last Year: | -9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Sep 2012 | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 30 |
Reserves | 558 | 430 | 330 | 228 | 205 | 163 | 146 | 125 | 114 | 60 | 32 | 498 |
587 | 295 | 700 | 625 | 705 | 723 | 669 | 720 | 1,045 | 1,090 | 1,154 | 0 | |
503 | 1,058 | 811 | 693 | 728 | 726 | 634 | 601 | 406 | 395 | 398 | 222 | |
Total Liabilities | 1,682 | 1,817 | 1,875 | 1,579 | 1,672 | 1,646 | 1,483 | 1,480 | 1,600 | 1,578 | 1,619 | 750 |
444 | 374 | 323 | 267 | 258 | 248 | 239 | 234 | 227 | 223 | 218 | 199 | |
CWIP | 43 | 16 | 13 | 14 | 14 | 14 | 14 | 14 | 12 | 12 | 12 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
1,194 | 1,428 | 1,539 | 1,298 | 1,400 | 1,384 | 1,230 | 1,233 | 1,361 | 1,344 | 1,388 | 551 | |
Total Assets | 1,682 | 1,817 | 1,875 | 1,579 | 1,672 | 1,646 | 1,483 | 1,480 | 1,600 | 1,578 | 1,619 | 750 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Sep 2012 | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
94 | 81 | 94 | 123 | -8 | 4 | -4 | 9 | 61 | 2 | 4 | -4 | |
-6 | -3 | -56 | -24 | 5 | -1 | 4 | 43 | 10 | 0 | 0 | 1 | |
-92 | -60 | -44 | -117 | 4 | -2 | 0 | -52 | -69 | -0 | 0 | -2 | |
Net Cash Flow | -4 | 18 | -6 | -18 | 1 | 1 | -0 | 0 | 2 | 2 | 4 | -6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Sep 2012 | Sep 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 313 | 351 | 3,147 | 3,603 | 3,904 | 4,940 | 4,353 | 5,030 | 5,923 | 6,099 | 6,051 | 2,363 |
Inventory Days | 14 | 2 | 15 | 53 | 47 | 96 | 173 | 77 | 124 | 389 | 21 | |
Days Payable | 225 | 352 | 1,528 | 2,792 | 1,753 | 5,428 | 8,185 | 4,936 | 3,179 | 19,744 | 23,400 | |
Cash Conversion Cycle | 102 | 1 | 1,635 | 864 | 2,198 | -391 | -3,659 | 171 | 2,867 | 6,099 | -13,304 | -21,016 |
Working Capital Days | 188 | 55 | 286 | -43 | -58 | -236 | -311 | -478 | 389 | 253 | 240 | 2,188 |
ROCE % | 14% | 1% | -8% | -4% | 8% | 0% | 1% | -2% | 1% | 0% | 0% | -0% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 9h
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 23Rd December, 2024
1d - Resignation and appointment of Company Secretary, borrowing approval.
-
Board Meeting Intimation for Intimation Of Board Meeting Of The Company Under Regulation 29 Of SEBI (LODR) Regulations, 2015
19 Dec - Board meeting to discuss resignations and appointments.
-
Disclosure/ Intimation About Offer For Sale (OFS) Of 2,00,00,000 Equity Shares ("Shares") Of Rs.1/- Each Of Bartronics India Limited (NSE Scrip ID: ASMS; BSE Scrip Code: 532694) By Promoter - Kinex India Private Limited (Formerly Known As Antanium India Private Limited) Through The Stock Exchange Mechanism (The "OFS Notice")
17 Dec - Offer for Sale of 2 crore equity shares.
- Notice of Offer for Sale of Shares by Promoters & Floor Price 17 Dec
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
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