Prism Johnson Ltd

Prism Johnson Ltd

₹ 160 2.75%
22 Jul 4:01 p.m.
About

Prism Johnson Limited was incorporated in 1992 and is amongst the largest integrated building materials companies in India, with a wide range of products, namely cement, ready-mixed concrete, tiles, sanitaryware and bath fittings. [1]

Key Points

Business Divisions FY23

  • Market Cap 8,074 Cr.
  • Current Price 160
  • High / Low 199 / 120
  • Stock P/E
  • Book Value 27.6
  • Dividend Yield 0.00 %
  • ROCE 3.70 %
  • ROE -2.08 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 5.79 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 3.49% over past five years.
  • Company has a low return on equity of 1.23% over last 3 years.
  • Earnings include an other income of Rs.282 Cr.

* 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: Cement Industry: Cement - North India

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
1,689.02 1,116.88 1,335.37 1,456.20 1,660.34 1,639.83 1,513.14 1,610.91 1,947.58 1,792.06 1,651.51 1,657.27 1,967.75
1,448.86 970.26 1,174.81 1,335.11 1,512.89 1,489.82 1,460.97 1,547.46 1,818.78 1,666.35 1,577.89 1,524.86 1,844.51
Operating Profit 240.16 146.62 160.56 121.09 147.45 150.01 52.17 63.45 128.80 125.71 73.62 132.41 123.24
OPM % 14.22% 13.13% 12.02% 8.32% 8.88% 9.15% 3.45% 3.94% 6.61% 7.01% 4.46% 7.99% 6.26%
37.49 5.09 7.40 10.90 20.53 5.76 -0.03 11.02 9.79 13.54 256.15 3.27 8.85
Interest 43.88 44.33 45.33 41.33 39.16 38.03 39.75 43.99 45.17 42.88 38.15 43.65 45.87
Depreciation 75.41 61.79 62.02 66.49 85.08 73.87 81.23 90.27 92.84 82.66 85.32 89.56 113.23
Profit before tax 158.36 45.59 60.61 24.17 43.74 43.87 -68.84 -59.79 0.58 13.71 206.30 2.47 -27.01
Tax % -9.43% 25.18% 25.16% 25.16% 18.40% 25.17% -25.16% -25.17% -687.93% 25.16% 13.54% 27.94% -99.44%
173.30 34.11 45.36 18.09 35.69 32.83 -51.52 -44.74 4.57 10.26 178.36 1.78 -0.15
EPS in Rs 3.44 0.68 0.90 0.36 0.71 0.65 -1.02 -0.89 0.09 0.20 3.54 0.04 -0.00
Raw PDF

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
4,768 4,965 5,594 5,277 5,021 5,408 5,956 5,579 5,035 5,569 6,711 7,069
4,502 4,818 5,301 5,026 4,735 5,025 5,395 5,053 4,414 5,044 6,308 6,608
Operating Profit 266 146 293 251 286 384 561 526 622 525 404 461
OPM % 6% 3% 5% 5% 6% 7% 9% 9% 12% 9% 6% 7%
7 149 93 127 90 66 8 16 31 101 25 282
Interest 196 247 259 244 187 192 179 234 197 176 175 176
Depreciation 160 177 137 156 160 153 160 214 253 275 338 371
Profit before tax -83 -128 -11 -22 28 105 230 93 204 174 -84 195
Tax % -28% -36% -237% -137% 38% 33% 37% 73% 2% 23% -30% 3%
-59 -82 15 8 18 70 146 25 200 133 -59 190
EPS in Rs -1.18 -1.62 0.29 0.16 0.35 1.40 2.90 0.50 3.97 2.65 -1.17 3.78
Dividend Payout % 0% 0% 0% 0% 0% 0% 17% 199% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 4%
5 Years: 3%
3 Years: 12%
TTM: 5%
Compounded Profit Growth
10 Years: 5%
5 Years: %
3 Years: %
TTM: 46%
Stock Price CAGR
10 Years: 9%
5 Years: 12%
3 Years: 4%
1 Year: 31%
Return on Equity
10 Years: 4%
5 Years: 5%
3 Years: 1%
Last Year: -2%

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 503 503 503 503 503 503 503 503 503 503 503 503
Reserves 586 505 512 437 452 522 639 438 636 766 702 888
1,651 1,833 1,895 1,854 1,635 1,543 1,468 2,224 1,725 1,522 1,965 2,041
1,310 1,299 1,432 1,498 1,519 1,634 1,793 1,817 2,075 2,271 1,997 2,224
Total Liabilities 4,051 4,140 4,342 4,293 4,110 4,203 4,403 4,983 4,939 5,062 5,168 5,656
2,009 2,095 2,048 2,043 1,989 2,013 2,035 2,394 2,551 2,548 2,506 2,831
CWIP 84 63 69 68 95 93 120 257 122 201 233 139
Investments 378 347 343 330 382 416 440 188 280 326 376 401
1,580 1,636 1,882 1,852 1,644 1,682 1,809 2,144 1,986 1,987 2,052 2,284
Total Assets 4,051 4,140 4,342 4,293 4,110 4,203 4,403 4,983 4,939 5,062 5,168 5,656

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
245 -15 231 372 543 459 498 519 1,209 534 626 454
-272 9 -75 -104 -168 -194 -246 -587 -127 -246 -337 51
8 13 -139 -249 -396 -264 -254 134 -861 -384 -284 -342
Net Cash Flow -20 8 16 18 -21 1 -3 67 221 -96 5 163

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 37 39 37 42 44 45 43 44 39 37 35 33
Inventory Days 80 76 82 67 62 64 77 98 86 105 80 89
Days Payable 134 114 112 109 115 108 122 120 176 183 127 131
Cash Conversion Cycle -17 1 7 0 -9 -0 -1 22 -51 -40 -11 -9
Working Capital Days -10 -3 10 0 -27 -25 -21 -26 -36 -23 -4 -4
ROCE % 4% 4% 7% 6% 8% 11% 16% 12% 13% 12% 3% 4%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
74.87% 74.87% 74.87% 74.87% 74.87% 74.87% 74.87% 74.87% 74.87% 74.87% 74.87% 74.87%
3.38% 3.35% 3.29% 3.34% 3.42% 3.46% 3.50% 3.58% 3.72% 3.91% 3.88% 3.63%
7.02% 6.93% 6.22% 5.46% 4.33% 4.11% 4.37% 4.64% 4.85% 5.10% 5.05% 5.94%
14.73% 14.85% 15.61% 16.33% 17.37% 17.55% 17.26% 16.91% 16.56% 16.11% 16.20% 15.56%
No. of Shareholders 75,54273,10077,25776,65573,93574,83974,63172,40671,04269,96470,59971,111

* 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.

Documents

Concalls