India Radiators Ltd - Stock Valuation and Financial Performance

BSE: 505100 | NSE: | Auto Ancillary | Small Cap

India Radiators Share Price

6.22 0.00 0.00%
as on 26-Mar'24 16:00

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India Radiators stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
0.6 Cr.
52-wk low:
4.2
52-wk high:
6.2

Is India Radiators Ltd an attractive stock to invest in?

1. Is India Radiators Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that India Radiators Ltd is a below average quality company.

2. Is India Radiators Ltd undervalued or overvalued?

The key valuation ratios of India Radiators Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is India Radiators Ltd a good buy now?

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

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.
India Radiators Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Sep'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 129.4%10.1%-9.8%18.7%21.9%48.9%-53.5%11.2%-89.4%-6.7%-
Value Creation
Index
NANA-1.7NANANA-4.8NA-7.4NA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.100.1000000.10.10
Sales YoY Gr.--55.6%25%-20%-50%-50%0%0%400%20%-
Adj EPS -53.7-7.89.3-4.6-10.3-2821.6-21.654.4-2.7-19
YoY Gr.-NANA-149.6%NANANA-199.9%NA-104.9%-
BVPS (₹) -197.4-139.4-199.8-95.8-68.1-27.7-79.9-101.5-47.1-39.5-61.4
Adj Net
Profit
-4.8-0.70.8-0.4-0.9-2.52-24.9-0.2-2
Cash Flow from Ops. -3.7-0.50.8-0.5-15.1-5.100-1-
Debt/CF from Ops. -3.8-8.54.30000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -4.4%24.6%81.7%20%
Adj EPS NANA-149.7%-104.9%
BVPSNANANANA
Share Price - - - 54%

Key Financial Parameters

Performance Ratio Colour Code Guide

Sep'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
31.55.8-6.313.44258.6-40.323.8-73.26.137.6
Op. Profit
Mgn %
-6281.3-1259.4-528.4-638.7-1905.2-4798-7509.6-5364.1-1356.8-146-79.7
Net Profit
Mgn %
-5351.2-1731.31542.8-1148.9-3763.4-17070.628547.1-24937.210857-377.9-2844
Debt to
Equity
-0.8-0.3-0.20000000-
Working Cap
Days
5,9223,1262,8874,3106,3165,283222380210481423
Cash Conv.
Cycle
1,148-2,127-15,841-5,283000-89-122-98-1,783

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 37.60%

Sales growth is growing at healthy rate in last 3 years 81.71%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - India Radiators Ltd.

Standalone Consolidated
TTM EPS (₹) -19 -
TTM Sales (₹ Cr.) 0.1 -
BVPS (₹.) -61.4 -
Reserves (₹ Cr.) -6 -
P/BV -0.10 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 4.24 / 6.22
All Time Low / High (₹) 1.00 / 23.20
Market Cap (₹ Cr.) 0.6
Equity (₹ Cr.) 0.9
Face Value (₹) 10
Industry PE 46.3

Management X-Ray of India Radiators:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *93.6889.5389.5389.5395.8695.860.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of India Radiators

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSSep'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales0.090.060.050.040.020.010.010.010.050.06
Operating Expenses 5.760.830.340.270.500.720.520.430.660.16
Manufacturing Costs0.100.1400.050.050.080.090.090.110
Material Costs0000000000
Employee Cost 5.650.230.100.110.120.110.120.060.040.04
Other Costs 0.010.450.250.100.330.540.310.280.510.11
Operating Profit -5.67-0.77-0.29-0.23-0.47-0.71-0.51-0.42-0.61-0.09
Operating Profit Margin (%) -6,281.2%-1,259.4%-528.0%-638.0%-1,905.2%-4,798.0%-7,509.6%-5,364.1%-1,356.8%-146.0%
Other Income 3.060.031.16000.081.960.029.270.40
Interest 2.040.3000.240.640.590.911.481.540.72
Depreciation 0.180.400.030.030.030.030.030.0100
Exceptional Items 0000000000
Profit Before Tax -4.83-1.440.84-0.50-1.14-1.250.50-1.897.12-0.41
Tax 0-0.390-0.09-0.211.27-1.450.062.22-0.17
Profit After Tax -4.83-1.060.84-0.42-0.93-2.521.95-1.954.90-0.24
PAT Margin (%) -5,351.2%-1,731.3%1,542.8%-1,148.9%-3,763.4%-17,070.6%28,585.6%-24,937.2%10,857.0%-377.0%
Adjusted EPS (₹)-53.7-11.79.3-4.6-10.3-28.021.7-21.654.4-2.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSSep'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund -17.77-18.82-17.99-8.62-6.13-2.49-7.19-9.14-4.24-3.56
Share Capital 0.900.900.900.900.900.900.900.900.900.90
Reserves -18.67-19.72-18.89-9.52-7.03-3.39-8.09-10.04-5.14-4.46
Minority Interest0000000000
Debt13.736.073.560000000
Long Term Debt6.036.073.560000000
Short Term Debt7.70000000000
Trade Payables5.695.675.6600000.090.180
Others Liabilities 0.458.6510.2921.7419.2226.3619.3321.1716.2115.57
Total Liabilities 2.101.561.5313.1213.0923.8712.1412.1212.1512.02

Fixed Assets

Gross Block5.145.185.1816.8116.8122.9716.3216.2616.2612.72
Accumulated Depreciation3.664.064.094.124.154.184.214.174.170.84
Net Fixed Assets1.491.131.0912.6912.6618.7912.1112.0912.0911.88
CWIP 0000000000
Investments 000005.080000
Inventories0000000000
Trade Receivables0.1800000000.040.12
Cash Equivalents 000.0100.010.010.030.020.020.01
Others Assets0.430.430.430.430.4300.010.0100
Total Assets 2.101.561.5313.1213.0923.8712.1412.1212.1512.02

Cash Flow

(All Figures are in Crores.)
PARTICULARSSep'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -3.66-0.710.84-0.47-0.965.08-5.06-0.010-0.96
PBT -4.83-1.440.84-0.50-1.14-1.250.50-1.897.120.51
Adjustment -1.480.400.030.030.030.030.030.010-0.74
Changes in Working Capital 2.640.33-0.0400.146.3-5.591.87-7.12-0.73
Tax Paid 0000000000
Cash Flow From Investing Activity 0-0.04000-5.085.08000.95
Capex 0-0.0400000000.95
Net Investments 00000-5.085.08000
Others 0000000000
Cash Flow From Financing Activity 3.660.75-0.830.470.9600000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 3.660.75-0.830.470.9600000
Net Cash Flow -0.0100.010000.02-0.010-0.01
PARTICULARSSep'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.030.030.040000000.01
PAT to CFO Conversion(x)N/AN/A1N/AN/AN/A-2.59N/A0N/A
Working Capital Days
Receivable Days1,4470000000352467
Inventory Days0000000000
Payable Days0000000000

India Radiators Ltd Stock News

India Radiators Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of India Radiators on 26-Mar-2024 16:00 is ₹6.22.
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 26-Mar-2024 16:00 the market cap of India Radiators stood at ₹0.56.
The latest P/E ratio of India Radiators as of 26-Mar-2024 16:00 is 0.00.
The latest P/B ratio of India Radiators as of 26-Mar-2024 16:00 is -0.10.
The 52-week high of India Radiators is ₹6.22 and the 52-week low is ₹4.24.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of India Radiators is ₹0.06 ( Cr.) .

About India Radiators Ltd

India Radiators Limited was incorporated on 05 January, 1949. The company made profits upto 1997, thereafter from 1998, it incurred losses. The net worth of the company became negative as on September 1999. It was declared Sick by BIFR as per section 3(1) (o) of the Sick Companies (Special Provisions) Act, 1985 during July 2000. The Draft Rehabilitation Scheme (DRS) filed by the company under Sick Industrial Companies Act of 1985 (SICA) was under consideration of Board for Industrial and Financial Reconstruction (BIFR) till the Act was repealed in 2016. India Radiators Limited (IRL) is a public limited company incorporated and domiciled in India and has its registered office at Chennai, Tamilnadu India. 

The company identified an investor to infuse funds in the company for settlement to workers, Statutory Authorities, Banks and other Financial Institutions. The company has become subsidiary of Mercantile Ventures Limited pursuant to the second proviso to section 47 of the Companies Act, 2013. The company operates from two places: Chennai and Pondicherry. There are no operations taking place at Chennai. The Pondicherry unit is currently confined to job works. The operational expenses are being funded by the new investor.

Business area of the company 

The company is engaged in the business of sub- assembly of automotive components.


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