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Foseco India Ltd. Stock Analysis

Small Cap
Evaluated by 443 users | BSE: 500150 | NSE: FOSECOIND |
Chemicals
Foseco India originally known as (Greaves Foseco) was promoted in March 22, 1958 as a 50:50 JV between Greaves, a Thapar group company, and Foundry Services (Holdings) (now called Foseco), a Burmah Castrol firm. The Thapars divested their stake in November 1993 giving the company its present...

Analysis of Financial Track Record

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
 Dec'10Dec'11Dec'12Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19
Return on Capital Employed 26.29%31.04%24.02%18.66%24.67%29.83%28.82%23.76%21.6%21.49%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 186233247227263292340358362323
Y-o-Y Gr. Rt.-25.3%5.9%-8%16.1%10.9%16.2%5.3%1.3%-11%
Adjusted EPS (Rs.) 30.0339.7934.4528.2438.4150.1753.1750.2950.754.88
Y-o-Y Gr. Rt.-32.5%-13.4%-18%36%30.6%6%-5.4%0.8%8.2%
Book Value per Share (Rs.) 103.58122.24140.13139.31153.25170.56194.67228.07244.43268.36
Adjusted Net Profit 19.225.4221824.5323432.132.435.1
Net Op. Cash Flow (Rs. Cr.) 12.8122021.725.317.33265.747.147
Debt to Cash Flow from Ops 0.860.80.480.370.230.210.060.0100
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.
Foseco India Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 6.3%4.1%-1.7%-11%
Adjusted EPS 6.9%7.4%1.1%8.2%
Book Value per Share 11.211.911.39.8
Share Price 9.8% -2.4% -3.5% -8.9%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Dec'10Dec'11Dec'12Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19
Return on Equity (%) 30.5335.2426.2620.2126.2630.9929.1123.7921.4621.4
Operating Profit Margin (%) 15.5717.3914.6813.4714.9617.5616.5614.6113.8814.07
Net Profit Margin (%) 10.3210.918.927.959.3110.97108.988.9410.87
Debt to Equity 0.170.120.110.090.060.030.01000
Working Capital Days 118121117131117119119122120122
Cash Conversion Cycle 38374248485453463423
Entity Percentage Holding
Promoters 74.98%
Non-Institutions 25.01%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Foseco India Ltd.'s performance infers:

Foseco India Ltd. earnings have grown by 7.4%, whereas share price has depreciated -2.4% 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.

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

Foseco India Ltd. share price has depreciated 9.9% annually over the past ten years.

Foseco India originally known as (Greaves Foseco) was promoted in March 22, 1958 as a 50:50 JV between Greaves, a Thapar group company, and Foundry Services (Holdings) (now called Foseco), a Burmah Castrol firm. The Thapars divested their stake in November 1993 giving the company its present name. Foseco UK owns 3,704,219 equity shares in FIL, amounting to 58% of the equity share capital of the latter. The remaining 42% of shares in FIL are with the public.

The company manufactures 400

Foseco India originally known as (Greaves Foseco) was promoted in March 22, 1958 as a 50:50 JV between Greaves, a Thapar group company, and Foundry Services (Holdings) (now called Foseco), a Burmah Castrol firm. The Thapars divested their stake in November 1993 giving the company its present name. Foseco UK owns 3,704,219 equity shares in FIL, amounting to 58% of the equity share capital of the latter. The remaining 42% of shares in FIL are with the public.

The company manufactures 400 different products for the metallurgical industry including the steel and foundry industries. The products are in the nature of additives and consumables and improve the physical properties and surface qualities of castings as well as reduce costs of melting, moulding and castings.

The company’s market covers integrated steel plants like Sail and Tisco, mini-mills like Mukand, Kalyani and Musco; and foundries like Ennore Foundries, Lakshmi Machine Works, etc. The company also exports its products mainly to Middle East, Far East, Sri Lanka, Nepal, Kenya, Ghana, Bangladesh, Singapore and Taiwan. In 2005, Foseco was again floated on the London Stock Exchange.

The manufacturing activities of the company are situated at Pune and Pondicherry and the registered office of the company is located at Gat No. 922/923, Sanaswadi, Taluka Shirur Pune, Maharashtra.

In 2012 Foseco India Limited became part of the Vesuvius plc following demerger of Cookson Group into Vesuvius plc & Alent plc.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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