International Conveyors Ltd
Incorporated in 1973, International Conveyors
Ltd is engaged in the manufacturing of Conveyor Belting[1]
- Market Cap ₹ 509 Cr.
- Current Price ₹ 80.3
- High / Low ₹ 125 / 70.0
- Stock P/E 6.01
- Book Value ₹ 54.9
- Dividend Yield 1.37 %
- ROCE 22.5 %
- ROE 22.3 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 65.1% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 26.2%
Cons
- Earnings include an other income of Rs.105 Cr.
- Debtor days have increased from 49.0 to 69.8 days.
- Working capital days have increased from 221 days to 346 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: Plantation & Plantation Products Industry: Miscellaneous
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
116 | 135 | 97 | 76 | 47 | 48 | 78 | 91 | 166 | 205 | 208 | 138 | 116 | |
96 | 114 | 85 | 72 | 42 | 49 | 79 | 82 | 146 | 185 | 178 | 117 | 98 | |
Operating Profit | 20 | 21 | 13 | 3 | 5 | -0 | -1 | 9 | 20 | 20 | 30 | 22 | 17 |
OPM % | 17% | 16% | 13% | 4% | 10% | -1% | -1% | 10% | 12% | 10% | 15% | 16% | 15% |
3 | 2 | 3 | 4 | 7 | 7 | 9 | 8 | 8 | 13 | 14 | 66 | 105 | |
Interest | 4 | 5 | 5 | 6 | 6 | 7 | 10 | 10 | 5 | 5 | 4 | 9 | 10 |
Depreciation | 5 | 6 | 5 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
Profit before tax | 14 | 13 | 6 | -2 | 3 | -2 | -4 | 5 | 21 | 26 | 37 | 77 | 111 |
Tax % | 29% | 34% | 31% | -39% | 51% | 76% | 41% | -61% | 26% | 40% | 22% | 19% | |
10 | 8 | 4 | -1 | 1 | -4 | -6 | 8 | 15 | 16 | 29 | 62 | 85 | |
EPS in Rs | 1.52 | 1.24 | 0.63 | -0.19 | 0.20 | -0.54 | -0.81 | 1.25 | 2.25 | 2.31 | 4.45 | 9.80 | 13.35 |
Dividend Payout % | 16% | 20% | 39% | -26% | 25% | -9% | -6% | 16% | 44% | 43% | 24% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | 12% |
3 Years: | -6% |
TTM: | -34% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 65% |
3 Years: | 56% |
TTM: | 65% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 25% |
3 Years: | 6% |
1 Year: | -16% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 13% |
3 Years: | 15% |
Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 6 | 6 | 6 |
Reserves | 68 | 74 | 76 | 74 | 126 | 158 | 152 | 129 | 162 | 221 | 223 | 281 | 341 |
44 | 55 | 58 | 56 | 40 | 65 | 102 | 66 | 49 | 23 | 68 | 129 | 96 | |
21 | 19 | 16 | 10 | 11 | 12 | 21 | 22 | 26 | 62 | 31 | 35 | 57 | |
Total Liabilities | 140 | 155 | 158 | 147 | 183 | 242 | 281 | 224 | 245 | 313 | 329 | 452 | 501 |
14 | 28 | 23 | 22 | 20 | 18 | 16 | 14 | 16 | 16 | 15 | 14 | 13 | |
CWIP | 0 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
Investments | 39 | 42 | 53 | 53 | 111 | 157 | 182 | 125 | 171 | 139 | 181 | 276 | 273 |
86 | 82 | 79 | 71 | 52 | 67 | 82 | 83 | 58 | 157 | 133 | 162 | 214 | |
Total Assets | 140 | 155 | 158 | 147 | 183 | 242 | 281 | 224 | 245 | 313 | 329 | 452 | 501 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 23 | 11 | 13 | 20 | -9 | 3 | 7 | 45 | 38 | 4 | 13 | |
6 | -25 | -10 | -3 | 1 | -9 | -29 | 39 | -22 | -0 | -19 | -48 | |
-14 | 4 | -3 | -10 | -22 | 18 | 26 | -46 | -24 | -38 | 15 | 35 | |
Net Cash Flow | 0 | 3 | -3 | -0 | -0 | -0 | 0 | 1 | -1 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 97 | 69 | 116 | 154 | 116 | 165 | 148 | 117 | 35 | 43 | 34 | 70 |
Inventory Days | 143 | 88 | 111 | 95 | 177 | 131 | 78 | 232 | 92 | 79 | 68 | 86 |
Days Payable | 103 | 71 | 90 | 58 | 80 | 116 | 114 | 141 | 77 | 109 | 73 | 97 |
Cash Conversion Cycle | 137 | 86 | 137 | 191 | 213 | 180 | 112 | 208 | 50 | 13 | 30 | 60 |
Working Capital Days | 183 | 118 | 193 | 245 | 305 | 376 | 210 | 170 | 53 | 159 | 157 | 346 |
ROCE % | 16% | 14% | 8% | 2% | 5% | 2% | 3% | 6% | 12% | 13% | 15% | 23% |
Documents
Announcements
-
Receipt Of Communication By Way Of E-Mails From BSE And NSE Regarding Alleged Non-Compliance Of Regulation 17(1) Of The Listing Regulations, 2015
17h - Company faces penalties for non-compliance with SEBI regulations.
-
Announcement under Regulation 30 (LODR)-Acquisition
18 Nov - International Conveyors Limited acquires equity shares of Globus Spirits Ltd.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
17 Nov - Investor meetings scheduled for November 21, 2024.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 15 Nov
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Listing Regulations) read with Part A, Para A of Schedule III thereto, we enclose herewith copy of newspaper publication published on 15.11.2024 under Regulation 47 …
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 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Concalls
-
Sep 2024TranscriptNotesPPT
-
Jun 2024TranscriptNotesPPT
-
Feb 2024TranscriptNotesPPT
-
Nov 2023TranscriptNotesPPT
-
Sep 2023TranscriptNotesPPT
-
Jun 2023TranscriptNotesPPT
-
Feb 2023TranscriptNotesPPT
-
Feb 2023TranscriptNotesPPT
-
Nov 2022TranscriptNotesPPT
-
Sep 2022TranscriptNotesPPT
-
Jun 2022Transcript PPT
-
Feb 2022TranscriptNotesPPT
-
Nov 2021TranscriptNotesPPT
-
Aug 2021TranscriptNotesPPT
-
Jul 2021TranscriptNotesPPT
Business Overview:[1][2][3]
ICL is an ISO 9001:2015-certified company and India’s only listed player in PVC Conveyor Belting, a critical consumable for high-growth sectors like mining and bulk transportation of materials such as coal, potash, and salt.
- The company specializes in solid woven conveyor belting for both underground and above-ground applications.
- Its in-house design team manages the entire process, from preliminary system designs involving power and tension calculations to detailed design.
- In addition to its core manufacturing operations, ICL also engages in the trading of steel cord conveyor belts and fasteners.
- The company has a treasury segment that focuses on investments in equity instruments, inter-corporate deposits, and mutual funds.