Orbit Corporation Ltd

Orbit Corporation Ltd

₹ 1.80 2.86%
05 Feb 2018
About

Orbit Corporation Limited is an India-based company, which is engaged in the business of real estate development in Mumbai.

  • Market Cap 20.5 Cr.
  • Current Price 1.80
  • High / Low /
  • Stock P/E
  • Book Value 22.7
  • Dividend Yield 0.00 %
  • ROCE -8.96 %
  • ROE -53.6 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.08 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -65.5% over past five years.
  • Company has a low return on equity of -23.1% over last 3 years.
  • Company has high debtors of 75,008 days.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 41,165 days to 1,10,575 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: Realty Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2013 Mar 2014 Jun 2014 Sep 2014 Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016
5.91 -22.82 32.98 40.92 34.05 27.12 4.53 0.00 0.00 -2.57 -95.62 0.00 0.00
4.18 42.11 12.05 15.60 11.52 1.63 7.87 64.86 51.27 66.70 67.94 2.81 0.14
Operating Profit 1.73 -64.93 20.93 25.32 22.53 25.49 -3.34 -64.86 -51.27 -69.27 -163.56 -2.81 -0.14
OPM % 29.27% 63.46% 61.88% 66.17% 93.99% -73.73%
2.91 3.77 -21.31 1.00 1.38 0.96 0.53 0.51 1.01 8.80 2.92 1.97 0.48
Interest 39.69 60.89 47.16 44.14 38.21 48.38 47.59 42.88 47.56 43.51 11.79 6.29 6.52
Depreciation 1.21 1.19 0.80 0.80 0.80 0.79 0.73 0.72 0.71 0.70 0.61 0.58 0.55
Profit before tax -36.26 -123.24 -48.34 -18.62 -15.10 -22.72 -51.13 -107.95 -98.53 -104.68 -173.04 -7.71 -6.73
Tax % -21.13% -31.78% -31.96% -29.65% -31.79% 102.73% 0.00% 0.01% 0.01% 0.00% 0.00% 0.00% 0.30%
-28.59 -84.08 -32.89 -13.10 -10.30 -46.07 -51.13 -107.97 -98.54 -104.69 -173.04 -7.70 -6.75
EPS in Rs -2.33 -7.33 -2.89 -1.13 -0.88 -4.01 -4.46 -9.33 -8.57 -9.16 -15.15 -0.64 -0.56
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 TTM
1 192 706 284 487 399 383 299 36 135 2 -98
-3 117 359 151 298 183 233 149 83 41 163 138
Operating Profit 4 74 346 133 189 216 150 150 -47 94 -161 -236
OPM % 499% 39% 49% 47% 39% 54% 39% 50% -129% 70% -8,196% 240%
0 2 5 4 6 5 8 12 14 -18 -17 14
Interest 3 10 57 79 91 102 119 155 189 178 182 68
Depreciation 0 1 2 4 5 5 6 5 5 3 3 2
Profit before tax 0 65 293 54 100 114 33 2 -227 -105 -362 -292
Tax % 52% 12% 20% 35% 5% 31% 58% -345% -29% -2% 0%
0 57 236 36 95 79 14 10 -161 -102 -362 -292
EPS in Rs 0.05 21.06 65.00 9.79 17.36 6.87 1.03 0.66 -13.71 -8.91 -31.51 -25.51
Dividend Payout % 0% 0% 8% 0% 14% 15% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 11%
5 Years: -65%
3 Years: -81%
TTM: -410%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 3%
Stock Price CAGR
10 Years: -17%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: -1%
5 Years: -12%
3 Years: -23%
Last Year: -54%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Equity Capital 22 27 36 36 55 114 114 114 114 114 114
Reserves 77 176 479 509 794 851 935 943 787 684 325
60 92 530 671 907 492 891 912 1,050 949 967
45 279 337 255 301 874 601 594 719 831 1,152
Total Liabilities 204 574 1,383 1,472 2,057 2,330 2,541 2,563 2,669 2,579 2,558
2 4 12 23 28 30 29 29 26 18 15
CWIP 0 0 0 0 3 0 0 0 0 0 0
Investments 0 0 10 0 7 6 3 4 4 0 0
201 569 1,361 1,449 2,019 2,294 2,509 2,529 2,640 2,561 2,543
Total Assets 204 574 1,383 1,472 2,057 2,330 2,541 2,563 2,669 2,579 2,558

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
-102 2 -353 -259 -298 -50 44 71 -93 74 9
-2 -2 -15 -3 -18 -6 7 7 8 6 1
115 167 369 79 364 71 -17 -70 88 -174 -10
Net Cash Flow 10 168 1 -183 48 14 34 8 3 -94 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Debtor Days 2,793 207 154 337 347 451 566 535 4,443 1,071 75,008
Inventory Days 4,883 5,352 7,531 2,687
Days Payable 268 397 850 893
Cash Conversion Cycle 2,793 207 154 337 4,962 451 5,521 7,216 4,443 1,071 76,801
Working Capital Days 71,023 203 431 1,601 1,290 598 1,121 1,378 10,317 2,602 110,575
ROCE % 33% 52% 12% 13% 13% 9% 8% -2% 5% -9%

Shareholding Pattern

Numbers in percentages

Jun 2016Sep 2016
21.98% 21.98%
0.66% 0.66%
77.36% 77.36%
No. of Shareholders 50,37549,565

* 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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