Indian Toners & Developers Ltd Stock Analysis

BSE: 523586 | NSE: | Chemicals | Small Cap

BSE Share Price Jan 20, 18:01
180.60 -2.20 (-1.20%)

DeciZen - Make an Informed Decision on Indian Toners & Dev

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Somewhat overvalued
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

FAQ's

1. Is Indian Toners & Developers Ltd a good quality company?

Data is not available for this company.

2. Is Indian Toners & Developers Ltd undervalued or overvalued?

The key valuation ratios of Indian Toners & Developers Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Indian Toners & Developers Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Indian Toners & Developers Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Indian Toners & Dev:

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

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 6.4%5.9%12.6%6.6%10.7%24.1%16.2%12.8%7.2%8.1%-
Value Creation Index -0.6-0.6-0.1-0.5-0.20.70.2-0.1-0.5-0.4-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 26.828.13434.3351151121159188.3107
YoY Gr. Rt. %-5.2%20.7%0.9%2.3%227.8%-2.5%3.1%-21.2%-3%-
Adj EPS 32.9747.329.518.516.19.612.614.6
YoY Gr. Rt. %--4%143.6%-43.5%82.7%305.5%-37.4%-12.9%-40.6%32.2%-
BVPS (₹) 51.654.461.166.473.7166.3120.9132.6140.1148.3145.4
Adj Net Profit 2.42.35.73.25.923.824.321.212.613.716
Cash Flow from Ops. 2.51.57.12.95.617.719.213.913.519.5-
Debt/CF from Ops. 0.10.100000000-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 14.2%20.3%-7.6%-3%
Adj EPS 17.3%11.7%-11.9%32.2%
BVPS 12.5157.15.8
Share Price 28.4% 5.7% 8.1% 47%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 65.512.26.210.423.315.812.36.97.910
Op. Profit Mgn % 7.411.420.815.517.524.524.621.414.617.920.5
Net Profit Mgn % 9.18.316.79.416.720.721.718.313.815.514.8
Debt to Equity 00000000000
Working Cap Days 41330419214714281135145173157168
Cash Conv. Cycle 75847169622129386456109

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 10.00%

Sales growth is good in last 4 quarters at 48.52%

Sales growth has been subdued in last 3 years -7.62%

Net Profit has been subdued in last 3 years -11.92%

Latest Financials - Indian Toners & Developers Ltd.

Standalone Consolidated
TTM EPS (₹) 14.6 14.4
TTM Sales (₹ Cr.) 107 108
BVPS (₹.) 145.4 143.3
Reserves (₹ Cr.) 147 145
P/BV 1.24 1.26
PE 12.33 12.59
From the Market
52 Week Low / High (₹) 118.05 / 220.00
All Time Low / High (₹) 0.05 / 344.70
Market Cap (₹ Cr.) 196
Equity (₹ Cr.) 10.9
Face Value (₹) 10
Industry PE 44.7

Management X-Ray of Indian Toners & Dev :

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

Analyst's Notes

News

About Indian Toners & Developers Ltd

Indian Toners and Developers (ITD) was incorporated in 1990 as a public limited company with more than 18000 shareholders, an entrepreneurial venture, founded by its Chairman & Managing Director, Sushil Jain. Employing a highly automated and integrated Swiss/German plant, ITDL had a capacity to produce 650 mt of toners per annum. ITD is a leading manufacturer of compatible black toners for photocopiers, laser printers, digital machines and multi function printers.

ITDL has now enhanced its capacity to produce 2400 mt of  toners per annum with its new manufacturing facility (ITDL Imagetec Limited) located at Sitarganj in the state of Uttrakhand.

Having established itself as a pioneer in the domestic market, ITD exports toners and developers of best quality standards for use in various international brands and models of photocopiers, laser printers and digital machines to more than 32 countries ITDL is an entrepreneurial venture, which was founded by its Chairman & Managing Director,  Sushil Jain, a technocrat with an innovative vision. Quality consciousness, dedication to technological progress and determination for satisfaction of its customers, shareholders and employees underline the values set forth by its founder.

Research and Development has been the cornerstone of ITDL's success. Backed by a pilot plant and know-how assistance from Japan, ITDL is well equipped to develop a wide range of toner products to meet the emerging needs of the market. Raw materials are sourced from world-renowned manufacturers in Japan, Germany and The United States of America.

Being the first company of its kind, ITDL thus came onto the Indian business scenario as a pioneer in this highly technical field and since then has established itself firmly as the leader in the domestic market with the single largest market share. ITDL has the most widespread network of dealers numbering 500, which is constantly growing, present in every nook and corner of the country. With its head office based in New Delhi, the regional offices of the company are located in the 4 metropolitan cities of India – Delhi, Mumbai, Chennai and Kolkata. ITDL has a strong work force of employees in excess of 250.

Every department of ITDL consists of a team of highly experienced and dedicated professionals in order to maintain a privileged relationship with the large and ever growing family of valued and satisfied customers.

Product range of the company includes:

Indian Toners and Developers Limited, is the leading manufacturer of compatible black toner for photocopiers, laser printers, digital machines and multi function printers. It is sold under the brand name of Supremo in the domestic market. It has established itself firmly as the leader in the domestic market with the single largest market share.

Black toner for

  • Photocopiers
  • Laser Printers
  • Digital Machines and
  • Multi Function Printers

Developers

Bulk Toner and Toner Cartridge Packaging

The company has recently introduced consumables for laser printer cartridges - OPC Drums, Doctor Blades and Wiper Blades.

Achievements/ recognition:

  • An ISO 9001:2000 certified company
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