Foce India Ltd
₹ 1,752
0.11%
21 Jan
- close price
About
Incorporated in 2001, Foce India Ltd trades in wristwatches and Men’s accessories[1]
Key Points
- Market Cap ₹ 857 Cr.
- Current Price ₹ 1,752
- High / Low ₹ 1,800 / 700
- Stock P/E 997
- Book Value ₹ 73.2
- Dividend Yield 0.00 %
- ROCE 2.05 %
- ROE 1.39 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 24.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -23.2% over past five years.
- Company has a low return on equity of 4.71% over last 3 years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 74.8 to 97.4 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.
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Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 4.99 | 21.68 | 62.08 | 54.44 | 76.90 | 148.98 | 14.50 | 16.53 | 20.22 | |
| 4.93 | 20.63 | 59.82 | 52.24 | 74.21 | 143.97 | 13.80 | 15.26 | 18.52 | |
| Operating Profit | 0.06 | 1.05 | 2.26 | 2.20 | 2.69 | 5.01 | 0.70 | 1.27 | 1.70 |
| OPM % | 1.20% | 4.84% | 3.64% | 4.04% | 3.50% | 3.36% | 4.83% | 7.68% | 8.41% |
| -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.15 | 0.07 | -0.00 | 0.03 | |
| Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.43 | 0.59 | 0.58 |
| Depreciation | 0.04 | 0.03 | 0.02 | 0.02 | 0.02 | 0.03 | 0.06 | 0.03 | 0.01 |
| Profit before tax | 0.02 | 1.02 | 2.24 | 2.18 | 2.67 | 5.13 | 0.28 | 0.65 | 1.14 |
| Tax % | 150.00% | 28.43% | 29.46% | 26.61% | 25.47% | 24.76% | 35.71% | 24.62% | |
| -0.00 | 0.73 | 1.58 | 1.61 | 1.99 | 3.85 | 0.18 | 0.49 | 0.86 | |
| EPS in Rs | -0.00 | 2.38 | 5.14 | 4.03 | 4.98 | 7.87 | 0.37 | 1.00 | 1.75 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -23% |
| 3 Years: | -40% |
| TTM: | 90% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -21% |
| 3 Years: | -37% |
| TTM: | 256% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 101% |
| 1 Year: | 110% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 5% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.07 | 3.07 | 3.07 | 3.99 | 3.99 | 4.89 | 4.89 | 4.89 | 4.89 |
| Reserves | 0.60 | 1.33 | 3.89 | 4.80 | 6.67 | 29.87 | 30.09 | 30.57 | 30.90 |
| 1.74 | 1.07 | 0.16 | 0.58 | -0.00 | 1.29 | 26.38 | 24.39 | 32.71 | |
| 2.20 | 6.61 | 6.93 | 1.81 | 26.83 | 1.84 | 2.30 | 0.74 | 2.83 | |
| Total Liabilities | 7.61 | 12.08 | 14.05 | 11.18 | 37.49 | 37.89 | 63.66 | 60.59 | 71.33 |
| 0.08 | 0.05 | 0.04 | 0.03 | 0.06 | 0.14 | 0.09 | 0.06 | 0.08 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | 0.03 | -0.00 | -0.00 | -0.00 | -0.00 | 10.99 | 2.01 | 2.01 | 2.01 |
| 7.50 | 12.03 | 14.01 | 11.15 | 37.43 | 26.76 | 61.56 | 58.52 | 69.24 | |
| Total Assets | 7.61 | 12.08 | 14.05 | 11.18 | 37.49 | 37.89 | 63.66 | 60.59 | 71.33 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| 0.41 | 0.48 | -1.11 | 3.10 | -11.23 | -9.10 | 0.55 | ||
| -0.00 | -0.01 | -0.00 | -0.05 | -10.93 | 9.04 | -0.00 | ||
| -0.64 | 0.09 | 0.65 | -0.70 | 21.22 | 0.32 | -0.00 | ||
| Net Cash Flow | -0.23 | 0.55 | -0.46 | 2.35 | -0.94 | 0.26 | 0.55 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 226.75 | 141.59 | 55.50 | 65.91 | 152.83 | 9.36 | 117.56 | 97.38 |
| Inventory Days | 278.93 | 45.03 | 20.67 | 3.36 | 12.12 | 5.83 | 56.45 | 17.32 |
| Days Payable | 172.14 | 114.58 | 42.27 | 9.58 | 133.94 | 4.27 | 41.08 | 15.56 |
| Cash Conversion Cycle | 333.54 | 72.04 | 33.90 | 59.69 | 31.02 | 10.93 | 132.92 | 99.13 |
| Working Capital Days | 367.93 | 90.41 | 38.10 | 61.68 | 38.54 | 59.66 | 1,478.63 | 1,252.22 |
| ROCE % | 18.75% | 35.58% | 26.44% | 26.66% | 21.32% | 1.38% | 2.05% |
Documents
Announcements
-
Shareholders meeting
30 January 2025 - Foce India Limited has informed regarding Proceedings of Extraordinary General Meeting held on January 30, 2025 along with a copy of minutes.
-
Shareholders meeting
7 January 2025 - Foce India Limited has informed regarding Notice of Extraordinary General Meeting to be held on January 30, 2025
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
7 January 2025 - Foce India Limited has informed regarding non applicability of Submission of the Compliance Report on Corporate Governance for quarter ended 31st dec 2024
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
7 January 2025 - Foce India Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
-
Outcome of Board Meeting
26 December 2024 - Foce India Limited has informed regarding Board meeting held on December 26, 2024.
Business Overview:[1][2][3]
FIL is a part of Indian Horology Industry in the mid-range segment. It is an Authorized Distributor of Foce Watches in India. Company manufactures and imports wrist watches under various brand names with distribution across 1700 retail stores in the country along with clientele in corporate segment