Innoventive Industries Ltd Stock Analysis

BSE: 533402 | NSE: INNOIND | Auto Ancillary | Small Cap

BSE Share Price
Not Listed

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Innoventive Indu Price Chart

P/E Ratio ( SA) :
0.00
Market Cap :
25.1 Cr.
52-wk low :
4.2
52-wk high :
4.6
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2. Is Innoventive Industries Ltd. undervalued or overvalued?

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10 Year X-Ray of Innoventive Indu:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
ROCE % 14.8%8.4%13.7%19.3%26.2%18.8%11.5%-28.8%-10.9%-8.7%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 192274348391590638639386342335199
YoY Gr. Rt. %-42.8%27%12.3%51%8.1%0%-39.5%-11.5%-2%-
Adj EPS 0.70.31.53.613.711.99.5-68-35.8-29.4-54.6
YoY Gr. Rt. %--57.8%413.3%132.5%281.3%-12.7%-20.2%-815%NANA-
BVPS (₹) 2.83.34.89.343.27280.58.7-27.9-57.2-57.2
Adj Net Profit 5.42.311.627.156.171.156.7-406-213-175-325
Cash Flow from Ops. 31.935.367.653.578.343.1-204145-60.1158-
Debt/CF from Ops. 1.94.53.94.83.38.2-46.6-19.17.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.4%-10.7%-19.3%-2%
Adj EPS -251.2%-216.6%-245.6%NA
BVPS -239.6-205.8-189.30
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
Return on Equity % 208.738.150.445.123.412.5-152.1377.469.295.4
Op. Profit Mgn % 10.78.115.726.22425.325.2-96.1-3.25-20.4
Net Profit Mgn % 2.80.83.36.99.511.18.9-104.9-62.4-52.3-163.5
Debt to Equity 2.36.47.23.71.50.81.718.5-6.9-3.7-
Working Cap Days 1491481281431471582935173643490
Cash Conv. Cycle 291-40-294131332401311420

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

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

Latest Financials - Innoventive Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -54.6 -72.6
TTM Sales (₹ Cr.) 199 473
BVPS (₹.) -57.2 -78.5
Reserves (₹ Cr.) -401 -528
P/BV -0.07 -0.05
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 4.20 / 4.62
All Time Low / High (₹) 3.56 / 147.90
Market Cap (₹ Cr.) 25.1
Equity (₹ Cr.) 59.6
Face Value (₹) 10
Industry PE 34.8

Management X-Ray of Innoventive Indu :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *85.9586.8786.8787.5888.810.0088.8188.810.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Innoventive Indu

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Innoventive Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Innoventive Indu on 01-Jan-1970 05:30 is : 0.00.
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 01-Jan-1970 05:30 the market cap of Innoventive Indu stood at ₹ 25.05.
The latest PE ratio of Innoventive Indu as of 01-Jan-1970 05:30 is 0.00.
The latest PB ratio of Innoventive Indu as of 01-Jan-1970 05:30 is -0.07
The 52-week high of Innoventive Indu is ₹ 4.62 and the 52-week low is ₹ 4.20.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Innoventive Indu is ₹ 199.0 ( Cr.) .

About Innoventive Industries Ltd

Innoventive Industries (formerly Arihant Domestic Appliances) is a multi product engineering company engaged into the manufacturing and sale of precision steel tubes, tubular components, auto components, machined components and other steel products which find application in diverse industrial sectors such as transportation, oil & gas, power, farm equipment and general engineering. It has six manufacturing facilities, located across Pune and Silvassa.

Its market its products domestically and also exported to 10 countries across the globe. In USA, we sell its CEW tubes under the brand of ARIDOM through a long term arrangement with Salem Steel North America, LLC. It caters to over 475 customers worldwide.

It is promoted by first-generation technocrats who acquired the company in 2002. Its key customers include Bajaj Auto, Bhel, Thermax, John Deere India, Sundram Industries, Gabriel India and Alstom Projects.

Product of the company

  • Tubes & Products
  • Membrane Strips
  • Oil & Gas
  • Motor Vehicle Parts
  • Cold Rolled Steel Products

Awards, Achievements and Certifications

2007: Accredited with ISO/ TS 16949: 2002 certification issued by UL DQS Inc. in respect of manufacture of forgings (Closed die and open die forgings) and machinated components on November 12, 2010, bearing number 20000187 TS09.

Milestones

  • 1993: Commenced assembly of consumer durable appliances
  • 2002: Transfer of 10,620 Equity Shares representing 90.76% of the share capital of the company to Chandu Chavan, resulting in the takeover of the company
  • 2006: Commenced manufacturing of auto components
  • 2007: Arihant Auto Components Private Limited became the subsidiary of the company
  • 2008: Received ‘Mega Project’ status from the Government of Maharashtra, for the proposed project at Pimple Jagtap
  • 2009: Conversion of the company into a public limited company 
  • 2010: Change of the company’s name to Innoventive Industries Limited
  • 2011: Standard Chartered Private Equity (Mauritius) II Limited was allotted 26,00,000 Equity Shares of Rs 10 each at a price of Rs 117 per Equity Share as a Pre-IPO Placement
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