Phoenix Overseas Ltd
Incorporated in December 2002, Phoenix Overseas Limited trades and markets animal feeds, agricultural produce, and commodities.[1]
- Market Cap ₹ 57.5 Cr.
- Current Price ₹ 29.7
- High / Low ₹ 64.0 / 27.5
- Stock P/E 10.7
- Book Value ₹ 39.3
- Dividend Yield 0.00 %
- ROCE 15.8 %
- ROE 12.3 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.76 times its book value
- Company has delivered good profit growth of 43.4% CAGR over last 5 years
- Debtor days have improved from 29.1 to 20.7 days.
- Company's working capital requirements have reduced from 25.6 days to 13.4 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -5.37% over past five years.
- Company has a low return on equity of 10.2% over last 3 years.
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 723 | 158 | 381 | 377 | 451 | 548 | |
| 710 | 155 | 374 | 369 | 439 | 536 | |
| Operating Profit | 12 | 4 | 7 | 9 | 12 | 12 |
| OPM % | 2% | 2% | 2% | 2% | 3% | 2% |
| 4 | 2 | 1 | 1 | 0 | 1 | |
| Interest | 13 | 4 | 3 | 4 | 6 | 5 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 3 | 1 | 4 | 5 | 5 | 7 |
| Tax % | 34% | 25% | 25% | 27% | 25% | 26% |
| 2 | 1 | 3 | 4 | 4 | 5 | |
| EPS in Rs | 4.12 | 1.65 | 6.38 | 7.31 | 7.56 | 10.95 |
| Dividend Payout % | 0% | 0% | 8% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -5% |
| 3 Years: | 13% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 20% |
| TTM: | 45% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 10% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 19 |
| Reserves | 28 | 29 | 32 | 36 | 39 | 57 |
| 56 | 22 | 31 | 30 | 34 | 37 | |
| 53 | 12 | 34 | 23 | 67 | 18 | |
| Total Liabilities | 142 | 69 | 102 | 93 | 145 | 131 |
| 11 | 11 | 12 | 11 | 12 | 13 | |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 |
| Investments | 1 | 1 | 1 | 2 | 5 | 10 |
| 130 | 56 | 88 | 79 | 128 | 107 | |
| Total Assets | 142 | 69 | 102 | 93 | 145 | 131 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 37 | 23 | 2 | -5 | 39 | ||
| -1 | -1 | -1 | -1 | -4 | ||
| -37 | -38 | 6 | -5 | -2 | ||
| Net Cash Flow | -2 | -15 | 7 | -11 | 33 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 38 | 64 | 28 | 41 | 25 | |
| Inventory Days | 11 | 29 | 24 | 39 | ||
| Days Payable | 27 | 33 | 22 | 58 | ||
| Cash Conversion Cycle | 21 | 64 | 24 | 43 | 6 | |
| Working Capital Days | 26 | 78 | 37 | 47 | 16 | |
| ROCE % | 7% | 12% | 13% | 15% |
Documents
Announcements
-
General Updates
14 November 2024 - Phoenix Overseas Limited has informed about General Updates
-
Financial Result Updates
14 November 2024 - Phoenix Overseas Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
-
Press Release
14 November 2024 - Phoenix Overseas Limited has informed regarding a press release dated November 14, 2024, titled "Press release on the financial performance of the company forthe half …
-
Statement of deviation(s) or variation(s) under Reg. 32
14 November 2024 - Phoenix Overseas Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
-
Updates
14 November 2024 - Phoenix Overseas Limited has informed regarding 'Press release on the financial performance of the company forthe half year ended 30th September, 2024.'.
Annual reports
No data available.
Business Divisions[1]
Merchant Export Division: The segment primarily involves exporting agricultural commodities and animal feeds. Bangladesh is a significant market, accounting for 90% of these exports.
Product Portfolio Corn, oil cakes, spices like dry red chilies, coriander, cumin seeds, food grains like rice, wheat, corn, sorghum, and tea, pulses, and agricultural feed like soya bean meal and rice bran de-oiled cake.
Fashion Accessories Division[2] This division manufactures and exports jute, cotton, canvas, and leather bags, as well as other fashion accessories with a manufacturing facility in Kolkata.
Their clients are based in European countries like France, Italy, Germany, the UAE, and also in Australia.
Food Preservation Division[3] This involves operation of cold storage facilities for food preservation with a combined capacity of 11,827 MT.
The division offers storage and preservation solutions for all types of food products ranging from apples, oranges, carrots, potatoes, chili, ginger, eggs, fish, ice creams, sweets