Innomet Advanced Materials Ltd

Innomet Advanced Materials Ltd

₹ 188 1.57%
21 Nov - close price
About

Incorporated in 1984, Innomet Advanced Materials Limited manufactures Metal Powders and Tungsten Heavy Alloys.[1]

Key Points

Business Divisions[1][2]
1. Innomet Powders:
Co. is a global manufacturer of over 20 metal and alloy powders, including Copper, Bronze, Brass, Nickel, and stainless steel. Using water, air, and gas atomization processes, the company specializes in customized powder grades for industries like powder metallurgy, diamond tools, welding, and surface coatings. Innomet also collaborates with R&D divisions to assist in import substitution.

  1. INNOTUNG:
    Innotung is the brand for Tungsten Heavy Alloy products, supplied as bars, plates, cubes, and custom components. Applications include defense, aerospace, radiation shielding, and engineering.
  • Market Cap 243 Cr.
  • Current Price 188
  • High / Low 257 / 170
  • Stock P/E 96.3
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 20.0 %
  • ROE 23.1 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 32.5%

Cons

  • Debtor days have increased from 33.9 to 51.6 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

Figures in Rs. Crores

Sep 2023 Sep 2024
13.15 14.64
11.72 11.26
Operating Profit 1.43 3.38
OPM % 10.87% 23.09%
0.58 0.02
Interest 0.98 0.54
Depreciation 0.19 0.65
Profit before tax 0.84 2.21
Tax % 22.62% 23.08%
0.65 1.71
EPS in Rs 0.68 1.32
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
12.30 22.18 23.29 24.88
11.18 20.49 17.56 20.33
Operating Profit 1.12 1.69 5.73 4.55
OPM % 9.11% 7.62% 24.60% 18.29%
0.09 0.02 0.02 0.56
Interest 0.71 0.84 0.95 1.46
Depreciation 0.30 0.32 0.44 0.39
Profit before tax 0.20 0.55 4.36 3.26
Tax % 0.00% 0.00% 26.15% 22.70%
0.20 0.55 3.22 2.52
EPS in Rs 1.06 1.91 11.17 2.65
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 26%
TTM: 7%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 133%
TTM: -22%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 32%
Last Year: 23%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 1.88 2.88 2.88 9.52
Reserves 0.42 0.91 4.18 5.20
7.87 9.82 12.10 13.31
2.24 2.28 3.41 6.13
Total Liabilities 12.41 15.89 22.57 34.16
3.14 3.12 3.44 15.79
CWIP 0.00 2.19 6.14 0.41
Investments 0.06 0.10 0.17 0.59
9.21 10.48 12.82 17.37
Total Assets 12.41 15.89 22.57 34.16

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.13 -0.18 3.53 2.18
-0.69 -2.72 -4.72 -6.24
0.80 2.88 1.18 3.99
Net Cash Flow -0.02 -0.01 -0.01 -0.07

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 38.87 25.84 24.13 51.64
Inventory Days 311.68 181.10 252.18 265.52
Days Payable 81.83 48.01 45.35 70.34
Cash Conversion Cycle 268.72 158.92 230.97 246.83
Working Capital Days 187.84 120.95 133.68 129.25
ROCE % 11.69% 32.41% 20.00%

Shareholding Pattern

Numbers in percentages

21 Recently
Sep 2024
54.80%
1.03%
0.57%
43.60%
No. of Shareholders 799

* 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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