Black Rose Industries Ltd - Stock Valuation and Financial Performance

BSE: 514183 | NSE: | Trading | Small Cap

Black Rose Inds. Share Price

122.30 -0.80 -0.65%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Black Rose Inds.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Black Rose Industries stock performance -

mw4me loader
P/E Ratio (SA):
37.22
Market Cap:
623.7 Cr.
52-wk low:
95
52-wk high:
173.2

Is Black Rose Industries Ltd an attractive stock to invest in?

1. Is Black Rose Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Black Rose Industries Ltd is a average quality company.

2. Is Black Rose Industries Ltd undervalued or overvalued?

The key valuation ratios of Black Rose Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Black Rose Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Black Rose Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Black Rose Inds.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Black Rose Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -0.3%7.3%8%12.9%20.3%21.5%27.9%29.2%26.4%6.1%-
Value Creation
Index
-1.0-0.5-0.4-0.10.50.51.01.10.9-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 84.8147129166185213252235341278276
Sales YoY Gr.-73.5%-12.5%29.1%11.3%15.4%18.2%-6.8%45%-18.4%-
Adj EPS -0.40.10.312.22.64.15.25.91.23.3
YoY Gr.-NA158.3%206.5%130.5%19.2%56.3%28.4%11.8%-78.8%-
BVPS (₹) 3.73.84.156.89.212.817.723.223.826.9
Adj Net
Profit
-2.30.61.64.911.213.320.826.829.96.317
Cash Flow from Ops. -1.40.85.65.511.610.316.113.1922.5-
Debt/CF from Ops. -26.951.97.57.63.12.91.41.11.30.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14.1%8.5%3.3%-18.4%
Adj EPS NA-10.8%-32.8%-78.8%
BVPS23.1%28.4%22.9%2.3%
Share Price 38.5% 21.7% -9.1% 14.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-143.382137.132.637.134.428.75.313
Op. Profit
Mgn %
3.14.67.58.811.51112.716.812.64.68.5
Net Profit
Mgn %
-2.70.41.22.966.28.311.48.82.36.1
Debt to
Equity
22.221.710.60.30.20.10-
Working Cap
Days
16912213512213512813317014016368
Cash Conv.
Cycle
5328454751544871709650

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 13.00%

Sales growth has been subdued in last 3 years 3.30%

Net Profit has been subdued in last 3 years -32.77%

Sales growth is not so good in last 4 quarters at -1.22%

Latest Financials - Black Rose Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 3.3 3.4
TTM Sales (₹ Cr.) 276 376
BVPS (₹.) 26.9 27.9
Reserves (₹ Cr.) 132 137
P/BV 4.55 4.38
PE 37.22 35.96
From the Market
52 Week Low / High (₹) 94.95 / 173.20
All Time Low / High (₹) 0.05 / 239.00
Market Cap (₹ Cr.) 624
Equity (₹ Cr.) 5.1
Face Value (₹) 1
Industry PE 76.7

Management X-Ray of Black Rose Inds.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Black Rose Inds.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales85147129166185213252235341278
Operating Expenses 83140119152164190220196298265
Manufacturing Costs15687910898
Material Costs76129104134145169196172268231
Employee Cost 2333445679
Other Costs 4467889101318
Operating Profit 27915212332394313
Operating Profit Margin (%) 2.3%4.5%7.4%8.8%11.5%11.0%12.7%16.8%12.6%4.6%
Other Income 1111011121
Interest 3555443212
Depreciation 2333222333
Exceptional Items 000000-1000
Profit Before Tax -2-12815192636419
Tax 0-1134569102
Profit After Tax -312511132027307
PAT Margin (%) -3.2%0.4%1.2%3.0%6.0%6.2%7.9%11.4%8.9%2.4%
Adjusted EPS (₹)-0.50.10.31.02.22.63.95.26.01.3
Dividend Payout Ratio (%)0%0%0%10%7%12%9%9%13%43%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 1919212535476590118121
Share Capital 5555555555
Reserves 1414162030426085113116
Minority Interest0000000000
Debt3540393932262013112
Long Term Debt1821202014115010
Short Term Debt1820191918151513102
Trade Payables29271729272544293021
Others Liabilities 85712152021283916
Total Liabilities 919184105108117149161199161

Fixed Assets

Gross Block50515152525359606470
Accumulated Depreciation8101316182022252730
Net Fixed Assets42413836343337353740
CWIP 0000002788
Investments 0000000000
Inventories19161525263339454630
Trade Receivables22282330342847446659
Cash Equivalents 11134555512
Others Assets77812111820243612
Total Assets 919184105108117149161199161

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -116612101613923
PBT -2-12715192636419
Adjustment 4767646335
Changes in Working Capital -2-5-3-7-6-6-10-19-2211
Tax Paid 000-1-4-6-7-7-12-2
Cash Flow From Investing Activity -18-10000-7-5-6-12
Capex -19-10-10-1-8-6-6-6
Net Investments 000000000-7
Others 0000001000
Cash Flow From Financing Activity 191-6-4-11-9-9-8-4-11
Net Proceeds from Shares 8000000000
Net Proceeds from Borrowing 0000000-400
Interest Paid -2-4-4-4-4-3-2-1-1-2
Dividend Paid 0000000000
Others 145-20-7-6-6-2-3-9
Net Cash Flow 0001110000
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-16.912.917.8821.4737.1232.5235.5634.4329.245.49
ROCE (%)1.267.711.6919.2528.1530.1135.8239.1536.198.72
Asset Turnover Ratio1.141.611.471.761.731.891.891.521.891.55
PAT to CFO Conversion(x)N/A131.21.090.770.80.480.33.29
Working Capital Days
Receivable Days85627258635354705982
Inventory Days58424343505152654950
Payable Days108807863705664784141

Black Rose Industries Ltd Stock News

Black Rose Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Black Rose Inds. on 28-Mar-2024 16:01 is ₹122.3.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Black Rose Inds. stood at ₹623.7.
The latest P/E ratio of Black Rose Inds. as of 28-Mar-2024 16:01 is 37.22.
The latest P/B ratio of Black Rose Inds. as of 28-Mar-2024 16:01 is 4.55.
The 52-week high of Black Rose Inds. is ₹173.2 and the 52-week low is ₹94.95.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Black Rose Inds. is ₹275.8 ( Cr.) .

About Black Rose Industries Ltd

Black Rose Industries, earlier known as Asia Fab was incorporated in the year 1990 and got its present name on January 15, 2007. The registered office of the company is located at Nariman Point, Mumbai.

The company is part of a $100 million, multi-faceted organization, with a strong global network capable of meeting the needs of the Indian chemical industry. It has two main divisions i.e., chemicals and textiles. The chemical division is engaged in the import, distribution, and exports of a wide range of fine and specialty chemicals.

The company’s textile division has an installed capacity of 9,907 meters of fabric per day at its Hatkanagale (Maharashtra) plant. It exports products to European and Middle East countries.

In 2010 Black Rose Industries enters into Foreign Technology License Agreement .

Products offered:

  • Specialty Chemicals
  • Performance Chemicals
  • Pharmaceuticals & Speciality Amines
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