International Conveyors Ltd
Incorporated in 1973, International Conveyors Limited (ICL) is engaged in the manufacturing and marketing of solid woven PVC covered conveyor belts. These belts are fire retardant, antistatic and are mainly used in underground mines for transportation of minerals such as Coal & Potash [1]
- Market Cap ₹ 491 Cr.
- Current Price ₹ 77.4
- High / Low ₹ 125 / 69.0
- Stock P/E 7.90
- Book Value ₹ 45.4
- Dividend Yield 1.42 %
- ROCE 24.1 %
- ROE 24.0 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 67.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 26.2%
Cons
- Promoter holding has decreased over last quarter: -0.58%
- Earnings include an other income of Rs.66.4 Cr.
- Debtor days have increased from 49.0 to 69.8 days.
- Working capital days have increased from 376 days to 813 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
116 | 135 | 97 | 76 | 47 | 48 | 78 | 91 | 166 | 205 | 208 | 138 | |
96 | 114 | 85 | 72 | 42 | 49 | 79 | 82 | 146 | 185 | 178 | 117 | |
Operating Profit | 20 | 21 | 13 | 3 | 5 | -0 | -1 | 9 | 20 | 20 | 30 | 22 |
OPM % | 17% | 16% | 13% | 4% | 10% | -1% | -1% | 10% | 12% | 10% | 15% | 16% |
3 | 2 | 3 | 4 | 7 | 7 | 9 | 8 | 8 | 13 | 14 | 66 | |
Interest | 4 | 5 | 5 | 6 | 6 | 7 | 10 | 10 | 5 | 5 | 4 | 9 |
Depreciation | 5 | 6 | 5 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
Profit before tax | 14 | 13 | 6 | -2 | 3 | -2 | -4 | 5 | 21 | 26 | 37 | 77 |
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 | |
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 |
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: | 22% |
5 Years: | 67% |
3 Years: | 60% |
TTM: | 117% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 24% |
3 Years: | 7% |
1 Year: | -1% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 13% |
3 Years: | 16% |
Last Year: | 24% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 6 | 6 |
Reserves | 68 | 74 | 76 | 74 | 126 | 158 | 152 | 129 | 162 | 221 | 223 | 281 |
44 | 55 | 58 | 56 | 40 | 65 | 102 | 66 | 49 | 23 | 68 | 129 | |
21 | 19 | 16 | 10 | 11 | 12 | 21 | 22 | 26 | 62 | 31 | 35 | |
Total Liabilities | 140 | 155 | 158 | 147 | 183 | 242 | 281 | 224 | 245 | 313 | 329 | 452 |
14 | 28 | 23 | 22 | 20 | 18 | 16 | 14 | 16 | 16 | 15 | 14 | |
CWIP | 0 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
Investments | 39 | 42 | 53 | 53 | 111 | 157 | 182 | 125 | 171 | 139 | 181 | 276 |
86 | 82 | 79 | 71 | 52 | 67 | 82 | 83 | 58 | 157 | 133 | 162 | |
Total Assets | 140 | 155 | 158 | 147 | 183 | 242 | 281 | 224 | 245 | 313 | 329 | 452 |
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 | 813 |
ROCE % | 16% | 14% | 8% | 2% | 5% | 2% | 3% | 6% | 12% | 13% | 15% | 24% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Jul - Of Section 124(6) of the Companies Act, 2013 read with Rule 6 of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) …
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Announcement under Regulation 30 (LODR)-Acquisition
10 Jul - The International Conveyors Limited ("the Company") has acquired the Equity shares of V.I.P. Industries Limited.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - Certificate received from our Registrar & Share Transfer Agent M/s. Maheshwari Datamatics Pvt. Ltd. under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for …
- Closure of Trading Window 26 Jun
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Announcement under Regulation 30 (LODR)-Investor Presentation
18 Jun - In compliance with Regulation 30 and other applicable provisions of the Listing Regulations, please find enclosed herewith Investor Presentation encompassing, inter-alia, an overview of the …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Concalls
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Jun 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Sep 2023TranscriptNotesPPT
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Jun 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Sep 2022TranscriptNotesPPT
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Jun 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
Leading Conveyor Belt Manufacturer[1]
ICL is one of the largest manufacturers of solid woven belting in the world and has a complete product range with the ability to make conveyors up to 3150 kN/m (type 18 width in strength and belt widths up to 1800 mm)