Fedders Electric & Engineering Ltd

Fedders Electric & Engineering Ltd

₹ 4.60 -4.17%
17 Jun 2019
About

Fedders Electric & Engineering Ltd. is the largest manufacturer of heat exchanger in India

  • Market Cap 15.6 Cr.
  • Current Price 4.60
  • High / Low /
  • Stock P/E 0.20
  • Book Value 177
  • Dividend Yield 0.00 %
  • ROCE 25.8 %
  • ROE 30.2 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.03 times its book value
  • Company is expected to give good quarter
  • Debtor days have improved from 200 to 99.3 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Earnings include an other income of Rs.30.6 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.

Peer comparison

Sector: Construction Industry: Construction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
4.43 14.76 24.96 14.05 20.22 24.76 55.51 73.70 123.51 187.71 139.57 141.97 85.06
12.55 36.78 15.60 15.45 17.82 26.68 47.83 73.00 112.51 148.80 136.03 123.71 87.87
Operating Profit -8.12 -22.02 9.36 -1.40 2.40 -1.92 7.68 0.70 11.00 38.91 3.54 18.26 -2.81
OPM % -183.30% -149.19% 37.50% -9.96% 11.87% -7.75% 13.84% 0.95% 8.91% 20.73% 2.54% 12.86% -3.30%
0.00 727.58 61.74 1.09 5.07 4.15 7.74 3.77 23.00 3.83 10.25 3.77 12.71
Interest 1.73 0.01 0.00 0.00 0.00 0.02 0.15 0.78 0.54 1.11 1.82 1.02 1.81
Depreciation 4.38 0.47 0.47 0.47 0.44 0.46 0.42 0.45 0.48 0.62 0.64 0.65 0.74
Profit before tax -14.23 705.08 70.63 -0.78 7.03 1.75 14.85 3.24 32.98 41.01 11.33 20.36 7.35
Tax % 0.00% 0.00% -2.36% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.16%
-14.23 705.08 72.30 -0.78 7.03 1.75 14.85 3.24 32.98 41.01 11.33 20.36 6.75
EPS in Rs -4.19 207.56 21.28 -0.23 2.07 0.52 4.37 0.95 9.71 12.07 3.34 5.99 1.99
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Jun 2015 Mar 2016 9m Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
1,015 1,160 1,315 1,031 1,354 1,237 130 70 17 46 115 524 554
887 1,012 1,182 937 1,248 1,688 618 100 49 77 108 470 496
Operating Profit 128 148 133 94 105 -451 -488 -30 -31 -31 7 54 58
OPM % 13% 13% 10% 9% 8% -36% -374% -42% -179% -66% 6% 10% 10%
6 3 3 4 3 46 2 1 0 789 18 41 31
Interest 44 73 64 49 65 73 31 10 8 2 0 4 6
Depreciation 28 13 13 10 13 18 18 18 18 10 2 2 3
Profit before tax 62 65 59 39 30 -496 -536 -56 -56 747 23 89 80
Tax % 20% 31% 32% 45% 34% 0% -0% -2% -4% -0% 0% 0%
50 45 40 22 20 -496 -534 -55 -54 749 23 89 79
EPS in Rs 16.14 14.56 13.06 7.01 5.83 -146.01 -157.34 -16.33 -15.90 220.41 6.73 26.07 23.39
Dividend Payout % 6% 7% 8% 11% 17% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -6%
5 Years: 32%
3 Years: 211%
TTM: 100%
Compounded Profit Growth
10 Years: 3%
5 Years: 16%
3 Years: 48%
TTM: 48%
Stock Price CAGR
10 Years: -23%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 30%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 31 31 31 31 34 34 34 34 34 30 30 30 88
Reserves 288 329 365 393 422 -78 -612 -668 -722 86 109 279 513
521 547 545 511 465 432 739 760 788 3 32 76 62
108 169 263 252 260 539 537 524 521 20 25 22 43
Total Liabilities 948 1,076 1,204 1,187 1,181 928 698 650 622 138 196 407 707
261 258 262 261 256 241 184 159 141 66 65 94 98
CWIP 23 11 11 12 12 1 0 0 0 0 2 3 6
Investments 1 1 1 1 1 1 1 1 1 1 2 3 91
663 806 930 914 911 685 513 490 479 71 127 307 512
Total Assets 948 1,076 1,204 1,187 1,181 928 698 650 622 138 196 407 707

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
71 95 124 65 86 92 -27 -26 -61 -30 -121
-36 1 -16 -8 -8 9 7 -0 65 -6 -3
-42 -95 -96 -65 -80 -83 7 26 -4 29 122
Net Cash Flow -7 1 12 -8 -3 17 -13 -0 0 -7 -2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 108 105 119 155 122 75 371 595 2,109 299 203 99
Inventory Days 130 158 140 169 121 21 83 175 610 61 27 18
Days Payable 34 45 72 79 63 81 752 1,789 6,450 9 21 3
Cash Conversion Cycle 204 218 187 245 180 15 -298 -1,019 -3,731 351 210 114
Working Capital Days 182 192 175 221 172 38 -79 -166 -890 412 336 208
ROCE % 14% 16% 13% 10% 10% -71% -184% -33% -43% 26% 14% 26%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
No. of Shareholders 777777777777

Documents