Prima Agro Ltd - Stock Valuation and Financial Performance

BSE: 519262 | NSE: | Animal Feed | Small Cap

Prima Agro Share Price

27 0.50 1.89%
as on 25-Apr'24 12:51

DeciZen - make an informed investing decision on Prima Agro

M-Cap below 100cr DeciZen not available

Prima Agro stock performance -

mw4me loader
P/E Ratio (SA):
8.17
Market Cap:
13.8 Cr.
52-wk low:
21.8
52-wk high:
33.6

Is Prima Agro Ltd an attractive stock to invest in?

1. Is Prima Agro Ltd a good quality company?

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

2. Is Prima Agro Ltd undervalued or overvalued?

The key valuation ratios of Prima Agro Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Prima Agro Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Prima Agro 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 Prima Agro:

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.
Prima Agro 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 % 8.9%8.2%12.9%25.3%32.3%19.6%7.4%23.9%13.5%8.9%-
Value Creation
Index
-0.4-0.4-0.10.81.30.4-0.50.70.0-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9.311.111.511.992.714.113.615.716.413.813
Sales YoY Gr.-20%3%3.5%681.1%-84.8%-3.4%15.3%4.6%-15.9%-
Adj EPS 0.60.71.33.25.64.41.87.24.93.63.2
YoY Gr.-8.1%89.6%150.4%75.2%-21.7%-58.3%295.1%-32.3%-26.9%-
BVPS (₹) -3.5-2.9-1.71.57.712.613.921.326.229.832.2
Adj Net
Profit
0.30.40.71.72.92.313.72.51.92
Cash Flow from Ops. 0.81.72.43.13.81.31.13.92.51.5-
Debt/CF from Ops. 0.50.20.30.31.74.95.91.72.74.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.5%-31.7%0.5%-15.9%
Adj EPS 21.4%-8.6%25.1%-26.9%
BVPSNA31.1%29%13.8%
Share Price 19% 17.6% 14.5% 12.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
31.38.113.727.853.743.113.840.920.512.710.5
Op. Profit
Mgn %
1011.716.824.14.927.119.427.719.215.410.3
Net Profit
Mgn %
3.53.15.713.93.116.1723.915.413.413.1
Debt to
Equity
0.10.10.10.11.610.90.60.50.4-
Working Cap
Days
74829512022130115111140190205
Cash Conv.
Cycle
-59-70-86-97-8-61-36-35-35-39182

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 25.06%

Debt to equity has declined versus last 3 years average to 0.44

Return on Equity has declined versus last 3 years average to 10.50%

Sales growth has been subdued in last 3 years 0.46%

Sales growth is not so good in last 4 quarters at -10.57%

Latest Financials - Prima Agro Ltd.

Standalone Consolidated
TTM EPS (₹) 3.2 3.2
TTM Sales (₹ Cr.) 12.9 12.9
BVPS (₹.) 32.2 32.2
Reserves (₹ Cr.) 12 12
P/BV 0.82 0.82
PE 8.17 8.17
From the Market
52 Week Low / High (₹) 21.80 / 33.60
All Time Low / High (₹) 0.20 / 59.25
Market Cap (₹ Cr.) 13.8
Equity (₹ Cr.) 5.2
Face Value (₹) 10
Industry PE 29.7

Management X-Ray of Prima Agro:

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 Prima Agro

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
Sales9.2811.1411.4711.8792.7214.0713.5915.6716.3913.78
Operating Expenses 8.359.849.559.0188.1810.2611.3311.3313.2511.86
Manufacturing Costs4.925.134.974.885.225.635.935.355.344
Material Costs0000.0278.8300.010.740.840.88
Employee Cost 1.241.391.832.021.732.052.423.102.812.34
Other Costs 2.203.332.752.082.412.582.972.134.264.64
Operating Profit 0.921.301.922.864.543.812.264.343.151.92
Operating Profit Margin (%) 10.0%11.7%16.8%24.1%4.9%27.1%16.6%27.7%19.2%13.9%
Other Income 0.070.040.030.270.290.400.081.831.511.34
Interest 0.100.050.040.070.070.050.060.050.050.06
Depreciation 0.280.320.850.730.690.630.900.620.660.75
Exceptional Items -0.090-0.030.020.030000.020.04
Profit Before Tax 0.520.971.032.354.093.531.375.493.962.49
Tax 0.260.620.390.681.031.010.681.641.410.61
Profit After Tax 0.260.350.641.673.062.520.693.852.551.88
PAT Margin (%) 2.8%3.1%5.6%14.0%3.3%17.9%5.1%24.6%15.6%13.6%
Adjusted EPS (₹)0.50.71.23.25.94.91.37.44.93.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 4.174.515.106.7746.527.2111.0713.6215.50
Share Capital 11.1911.1911.1911.195.195.195.195.195.195.19
Reserves -7.03-6.68-6.09-4.43-1.191.332.025.878.4210.30
Minority Interest0000000000
Debt0.360.280.600.726.386.186.386.486.636.55
Long Term Debt0.360.280.600.726.386.186.386.486.636.55
Short Term Debt0000000000
Trade Payables1.622.192.572.282.381.401.421.381.541.23
Others Liabilities 1.431.762.343.303.521.251.201.904.833.03
Total Liabilities 7.578.7410.6213.0716.2815.3416.2120.8226.6126.31

Fixed Assets

Gross Block14.5114.5815.3416.3916.5017.6018.3018.0818.31619.15
Accumulated Depreciation10.2410.5611.4312.1012.7413.3714.2714.1114.70614.52
Net Fixed Assets4.264.023.924.303.754.234.033.973.614.63
CWIP 00.200.3800.370000.510.18
Investments 1.021.352.953.495.216.796.6211.3013.9714.21
Inventories0.020.020.030.010.090.090.090.090.110.07
Trade Receivables0.390.270.210.250.330.310.430.410.320.35
Cash Equivalents 0.190.240.310.550.720.520.810.790.670.82
Others Assets1.682.642.814.475.823.404.234.267.426.05
Total Assets 7.578.7410.6213.0716.2815.3416.2120.8226.6126.31

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.771.732.413.073.831.301.123.872.541.49
PBT 0.520.971.032.354.093.531.375.493.962.49
Adjustment 0.380.341.071.060.460.230.96-0.77-0.370.18
Changes in Working Capital -0.130.430.31-0.340.1-0.88-0.280.020.27-0.28
Tax Paid 0000-0.83-1.58-0.93-0.88-1.32-0.90
Cash Flow From Investing Activity -0.58-1.55-2.62-2.87-3.37-1.11-0.96-3.94-2.77-1.21
Capex -0.24-0.07-0.84-1.09-0.12-0.74-0.70-0.47-0.79-1.72
Net Investments 00-1.60-0.54-1.33-1.280.16-3.04-1.310.21
Others -0.35-1.48-0.19-1.25-1.920.90-0.42-0.43-0.670.30
Cash Flow From Financing Activity -0.17-0.130.280.04-0.20-0.390.130.050.11-0.14
Net Proceeds from Shares 6000000000
Net Proceeds from Borrowing 0000000.200.100.16-0.08
Interest Paid -0.10-0.05-0.04-0.07-0.07-0.05-0.06-0.05-0.05-0.06
Dividend Paid 0000000000
Others -6.07-0.080.320.12-0.13-0.34-0.01000
Net Cash Flow 0.010.050.070.240.26-0.200.29-0.02-0.120.15
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0000128.4347.8710.0942.1720.6512.91
ROCE (%)13.9221.7220.135.9345.6830.510.7535.1821.0611.94
Asset Turnover Ratio1.261.371.1816.320.890.860.850.690.52
PAT to CFO Conversion(x)2.964.943.771.841.250.521.621.0110.79
Working Capital Days
Receivable Days12118718101089
Inventory Days1111022222
Payable Days00001100689631576

Prima Agro Ltd Stock News

Prima Agro Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Prima Agro on 25-Apr-2024 12:51 is ₹27.00.
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 25-Apr-2024 12:51 the market cap of Prima Agro stood at ₹13.77.
The latest P/E ratio of Prima Agro as of 25-Apr-2024 12:51 is 8.17.
The latest P/B ratio of Prima Agro as of 25-Apr-2024 12:51 is 0.82.
The 52-week high of Prima Agro is ₹33.60 and the 52-week low is ₹21.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Prima Agro is ₹12.85 ( Cr.) .

About Prima Agro Ltd

Prima Agro, a Cochin-based company got incorporated in the year 1993. This company belongs to the Prima Group of companies. Earlier, the name of the company was ‘Prima Agro Products Limited’   which got changed to Prima Agro Ltd.

Prima Agro products entered the capital market in August 1993 with a public issue of Rs 360 lakh. The company has identified Jung Won Corporation, Seoul, South Korea as a collaborator for its expansion project. The company has launched its Rich Foods brand of food products in the Kerala market. It has already launched cattle feed products in different varieties under the brand name Prima Feeds.

The Prima Agro scrip has been suspended from the BSE on account of non-compliance with listing agreement clauses.

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