What is CAGR? What does CAGR table indicate for Carnation Industries Ltd?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Carnation Industries Ltd Stock Analysis

Q: Is Carnation Industries Ltd a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Carnation Industries Ltd and arrived at the following conclusion.

Small Cap

Evaluated by 130 users | BSE: 530609 | NSE: |
Castings/Forgings

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis

Analysis of Financial Track Record

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

What is a Financial Track Record? How to read this chart in order to understand the data present here?

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

	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Capital Employed	-0.72%	10.48%	8.9%	11.89%	8.81%	10.36%	7.96%	-7.36%	-13.96%	-49.24%

Growth Parameters	Growth Parameters Colour Code Guide

Net Sales (Rs. Cr.)	65.2	93.9	90.3	97.2	96.6	98.4	81.7	50.1	6.9	7.6
Y-o-Y Gr. Rt.	-	43.9%	-3.8%	7.6%	-0.6%	1.9%	-17%	-38.7%	-86.2%	9.7%
Adjusted EPS (Rs.)	-7.13	3.01	0.53	4.97	-0.56	4.75	1.6	-18.42	-18.03	-35.01
Y-o-Y Gr. Rt.	-	NA	-82.4%	837.7%	-111.3%	NA	-66.3%	-1251.3%	NA	NA
Book Value per Share (Rs.)	33.14	35.15	37.77	43.72	47.06	52.98	53.71	34.38	21.22	21.38
Adjusted Net Profit	-2.5	1	0.2	1.7	-0.2	1.6	0.6	-6.4	-6.2	-12.1
Net Op. Cash Flow (Rs. Cr.)	0.3	4.3	6.3	5.9	5.8	2.9	8.5	5.4	4.9	4.6
Debt to Cash Flow from Ops	94.88	7.99	5.26	5.66	5.96	12.47	3.95	6.02	5.59	0.31

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Carnation Industries Ltd. ?

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

Carnation Industries Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Net Sales	-21.3%	-39.9%	-54.7%	9.7%
Adjusted EPS	NA	NA	-379.7%	NA
Book Value per Share	-4.8	-14.6	-26.4	0.8
Share Price	-8%	-32.2%	-46.7%	4.2%

Key Financial Parameter	Performance Ratio Colour Code Guide

	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Equity (%)	-19.13	8.81	1.46	12.2	-1.24	9.5	3	-41.82	-64.85	-164.39
Operating Profit Margin (%)	3.17	8.84	8.4	9.32	7.58	8.91	4.27	-9.41	-72.63	-205.42
Net Profit Margin (%)	-3.78	1.11	0.2	1.77	-0.2	1.67	0.68	-12.71	-90.06	-159.43
Debt to Equity	2.66	2.8	2.53	2.22	2.13	1.98	1.82	2.71	3.75	0.19
Working Capital Days	244	215	264	261	269	269	325	476	2,533	1,648
Cash Conversion Cycle	89	54	47	60	83	91	132	195	1,324	674

Management X-Ray

Shareholding Pattern

Entity	Percentage Holding
Promoters	43.66%
Non-Institutions	56.34%

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

FAQs

1. Is Carnation Industries Ltd a good quality company?

Data is not available for this company.

2. Is current market price of Carnation Industries Ltd a good price to buy it?

The 5-year analysis of Carnation Industries Ltd's performance infers:

Carnation Industries Ltd earnings have grown by 0%, whereas share price has depreciated -32.2% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

3. What is Carnation Industries Ltd share price return in the past 10 years ?

We analysed the performance of Carnation Industries Ltd share prices over the last 10 years. Here is what we found out:

Carnation Industries Ltd share price has depreciated -9% annually over the past ten years.

About Company

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

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 Carnationâ€™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