Carnation Industries Ltd Stock Analysis

BSE: 530609 | NSE: | Castings/Forgings | Small Cap

BSE Share Price 06-Feb-2023 18:01
3.93 0.00 (0.00%)

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Carnation Inds Price Chart

P/E Ratio ( SA) :
0.00
Market Cap :
1.4 Cr.
52-wk low :
3.9
52-wk high :
8.6
Bole Toh?

1. Is Carnation Industries Ltd a good quality company?

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

2. Is Carnation Industries Ltd undervalued or overvalued?

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

3. Is Carnation Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Carnation 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 Carnation 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.
Carnation 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 8.9%11.9%8.8%10.4%8%-7.4%-14%-49.2%-35.6%-77.3%-
Value Creation Index -0.4-0.2-0.4-0.3-0.4-1.5-2.0-4.5NANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 90.397.296.698.481.750.16.97.6000
YoY Gr. Rt. %-7.6%-0.6%1.9%-17%-38.7%-86.2%9.7%-100%NA-
Adj EPS 0.55-0.64.81.6-18.4-18-35-6-2.2-4.1
YoY Gr. Rt. %-837.7%-111.3%NA-66.3%-1251.3%NANANANA-
BVPS (₹) 37.843.747.15353.734.421.221.4-1.3-3.5-4.6
Adj Net Profit 0.21.7-0.21.60.6-6.4-6.2-12.1-2.1-0.8-1
Cash Flow from Ops. 6.35.95.82.98.55.44.94.6-3.8-7.8-
Debt/CF from Ops. 5.35.7612.5465.60.3-0.4-0.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%NA
Adj EPS -217.1%-206.6%NANA
BVPS -176.8-157.9-154.80
Share Price -8.3% -38.5% -10.2% -39%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 1.512.2-1.29.53-41.8-64.9-164.2-59.691.7101
Op. Profit Mgn % 8.49.37.68.94.3-9.4-72.6-205.1000
Net Profit Mgn % 0.21.8-0.21.70.7-12.7-90.1-159.2000
Debt to Equity 2.52.22.121.82.73.80.2-3.4-1.3-
Working Cap Days 2642612692693254762,5331,648000
Cash Conv. Cycle 476083911321951,324673000

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 101.00%

Sales growth has been subdued in last 3 years 0.00%

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

Latest Financials - Carnation Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -4.1 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) -4.6 -
Reserves (₹ Cr.) -5 -
P/BV -0.85 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 3.93 / 8.56
All Time Low / High (₹) 3.25 / 78.00
Market Cap (₹ Cr.) 1.4
Equity (₹ Cr.) 3.5
Face Value (₹) 10
Industry PE 16.1

Management X-Ray of Carnation 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 Carnation Inds

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

News

Carnation Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Carnation Inds on 06-Feb-2023 18:01 is : 3.93.
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 06-Feb-2023 18:01 the market cap of Carnation Inds stood at ₹ 1.36.
The latest PE ratio of Carnation Inds as of 06-Feb-2023 18:01 is 0.00.
The latest PB ratio of Carnation Inds as of 06-Feb-2023 18:01 is -0.85
The 52-week high of Carnation Inds is ₹ 8.56 and the 52-week low is ₹ 3.93.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Carnation Inds is ₹ 0.00 ( Cr.) .

About Carnation Industries Ltd

Carnation Enterprise Pvt. Ltd. was established in 1982 by the combination of a few dynamic working men all successful in their respective fields, which later in 1995 changed the name to Carnation Industries Limited. The company starting off as a merchant exporter recorded a steady growth each year, the company went into manufacturing in the mid-80s and is running two grey iron foundries and ductile iron unit all in West Bengal. Both the grey iron production units and the ductile iron production unit are certified by SGS (India) Ltd. as per BS-EN-124 require for systems approval & specific product approvals.

Carnation is the country's first Conventional Grey Iron foundry to be certified ISO 9002 by KPMG (USA). Currently it holds the BS EN ISO 9001:2000 certificate from BSI (UK). UL Certification from Underwriters Laboratories Inc., USA.

Carnation has a professional set up backed by a group of highly experienced and Technically qualifed shop staff in different departments working under professional managers. They have a work force strength of 40 experienced personnel & a labour strength of over 400 persons.

Product development, technology upgradation and providing more for the value of money are Carnation’s forte.

Carnation has established itself as one of the top exporters of castings from India and it takes the toil and sweat of the whole team ably supported by juniors and the labour force to keep Carnation at top.

Product range of the company includes:

  • Ductile & Grey Iron Sanitary Castings e.g. Manholes, Catch basins Frames, Grates etc.
  • Ductile & Grey Iron valve boxes, meter boxes, surface boxes, Service boxes, Step Iron.
  • Ductile & Grey Iron Gulley Gratings, Syphones, Hydrants.
  • Ductile Iron Railway Castings.
  • Ductile Iron M J Fittings, Push on fittings, related products.
  • Ductile Iron glands, Flanges, anchor flanges, brackets.
  • Accessories for Fittings
  • Ductile Iron Industrial and auto casting.
  • Marine items e.g., mushroom anchors, naval anchors, river anchors, cleats of wide variety.
  • Counter weights for fork lifts.
  • MS, SS Bolts, Rubber gaskets, GRP Plates, Brass fittings, Industrial leather gloves.

Milestones & Achievements:

  • 1985-86 - Export Excellence award in C I Sanitary castings
  • 1986-87 - Highest Export performance award in C I Industrial castings
  • 1987-88 - Highest Export performance in C I panel (ALL INDIA)
  • 1988-89 - Top Exporters Shield (Eastern Region)
  • 1989-90 - Highest Export performance award in C I Sanitary castings
  • 1990-91 - Certificate of Export Excellence : Eastern Region
  • 1991-92 - Certificate of Export Excellence : Eastern Region
  • 1993-94 - Certificate of Export Excellence : Eastern Region
  • 1994-95 - Certificate of Export Excellence : All India
  • 1995-96 - Highest Export Performance in C I Panel (All India)
  • 1996-97 - Certificate of Export Excellence : Eastern RegionAward of Export Excellence : FOSMI, Govt of W. Bengal
  • 1997-98 - Trophy for Highest Exporter in the group : Eastern RegionNational Award to Outstanding Small Scale Entrepreneurs :Ministry of Industry Department of SSI & ARI Small Industries development Organisation, Government of India. 
  • 1998-99 - Award for Export Excellence from EEPC (ER) for highest export performance.
  • 1999-2000 - Excellence Award For Excellence in Productivity, Quality, Innovation & Management by Institute of Economic Studies, New Delhi.
  • 1999-2000 - All India Award for Export Excellence in Engineering Goods.
  • 2001-2002 - Certificate of Export Excellence : Eastern RegionAward of Export Excellence : FOSMI, Govt of W. Bengal
  • 2002-2003 - Certificate of Export Excellence : Eastern RegionAward of Export Excellence : FOSMI, Govt of W. Bengal
  • 2003-2004 - All India Award for Export Excellence in recognition of their outstanding contribution to Engineering Exports during the year 2004 - 2005
  • 2008-2009 - engineering Export Promotion Council Eastern Region award for Export Excellence
  • 2010 - Quality Management System approved ISO 9001:2008 from BSI, LONDON
  • 2011 - Expansion of the Ductile Iron plant at Uluberia
    Approval received from Asphalt Paint NSF ANSI -61 from Underwriter Laboratory, US
  • 2014 - Approval received from Lead Free Paint NSF-372 from Underwriter Laboratory, USA

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