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IAG Glass Company Ltd (INDOASAHI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 502241 NSE: INDOASAHI Glass | Small Cap | IAG Glass Share Price

BSE Share Price
Not Listed

IAG Glass Company Ltd (INDOASAHI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 502241 NSE: INDOASAHI Glass | Small Cap | IAG Glass Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹3 Cr.
Current Price
₹0
52-Week Low / High
₹4 / 5
TTM EPS
₹-20.9
TTM Sales
₹0 Cr.
Book Value per Share
₹-31.7
P/E Ratio
0.00
Industry PE
67.6
Price to Book (P/B)
-0.14
Price to Sales (P/S)
0.00
EV/EBITDA
-577.82
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Return on Capital Employed (ROCE)
0.00%
Return on Assets (ROA)
-9.86%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Steady versus 3-year growth rate
-100%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
32.36%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-27 Cr.
Equity
₹6.4 Cr.
Face Value
₹10
All Time Low / High
₹1.50 / 525.00

IAG Glass Company stock performance

Key Ratios
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10 Year X-Ray :

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

Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
ROCE % 70.8%10.1%-8.3%1.5%-0.2%-31.7%-17.3%-99.2%0%0%-
Value Creation
Index
4.1-0.3NANANANANANANANA-

Growth Parameters

Sales 12.779.456.1009.63.350.200
Sales YoY Gr.-525.8%-29.3%-100%NANA-66.1%54.2%-96%-100%-
Adj EPS -0.60.9-37.3-12.1-17.2-48.8-16.8-41.2-31.4-21.2-20.9
YoY Gr.-NA-4387.4%NANANANANANANA-
BVPS (₹) 1010-13.2-31.7-49-97.7-114.5-155.7-187-207.9-31.7
Adj Net
Profit
-0.40.6-24-7.8-11.1-31.4-10.8-26.6-20.2-13.7-13
Cash Flow from Ops. 16.8-3.4-17.5-0.36.17.84.423.719.412.9-
Debt/CF from Ops. 2.5-22.2-4.3-341.215.614.318.43.64.36.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -100%NA-100%-100%
Adj EPS NANANANA
BVPS-240%NANANA
Share Price - - - -

Key Financial Parameters

Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
Return on
Equity %
-1.72.1-134.3-137.6331.5127.623.641.323.113.117.4
Op. Profit
Mgn %
-0.9-13.8-49.600-206.5-183.8-57.8-5510-83.2
Net Profit
Mgn %
-2.90.7-42.800-327.7-332-530.1-10052.50-INF
Debt to
Equity
6.611.6-38.3-6-3.8-2-1.2-0.9-0.7-0.7-
Working Cap
Days
515239528002,4026,6674,05091,40600
Cash Conv.
Cycle
8732130001,8024,5702,43151,81300

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Sales12.6979.4156.13009.583.255.010.200
Operating Expenses + 12.9890.3883.950.160.2029.379.237.901.310.18
Manufacturing Costs7.8119.3933.070017.345.350.200.040
Material Costs-1.2160.9538.37006.351.815.020.370
Employee Cost 2.175.566.470.110.042.810.690.710.590.03
Other Costs 4.224.496.040.050.172.871.381.980.310.15
Operating Profit -0.30-10.97-27.82-0.16-0.20-19.79-5.98-2.90-1.11-0.18
Operating Profit Margin (%) -2.3%-13.8%-49.6%---206.0%-183.0%-57.8%-551.0%-
Other Income + 16.6120.8124.660.020.070.050.040.030.310.03
Exceptional Items 12.66001.24000000.32
Interest 1.784.735.718.0210.9711.674.8423.6719.4113.61
Depreciation 2.253.243.260000000
Profit Before Tax 24.941.87-12.14-6.93-11.10-31.40-10.77-26.53-20.22-13.44
Tax 16.570.7600000000
Profit After Tax 8.361.12-12.14-6.93-11.10-31.40-10.77-26.53-20.22-13.44
PAT Margin (%) 65.9%1.4%-21.6%---327.0%-331.0%-529.0%-10,052.5%-
Adjusted EPS (₹)13.01.7-18.9-10.8-17.2-48.8-16.7-41.2-31.4-20.9
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of IAG Glass - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18

Equity and Liabilities

Shareholders Fund + 25.9026.649.132.20-8.90-40.30-51.07-77.60-97.82-111.26
Share Capital 6.446.4412.9412.9412.9412.9412.9412.9412.9412.94
Reserves 19.4620.20-3.81-10.74-21.84-53.24-64.01-90.54-110.76-124.20
Debt +42.3975.1075.8483.9794.90111.0581.3485.3683.5883.27
Long Term Debt42.3975.1075.8420.8525.2529.8317.1917.1917.1917.89
Short Term Debt00063.1169.6481.2164.1568.1766.3965.39
Minority Interest0000000000
Trade Payables14.9952.0360.7861.9355.5141.5447.6447.1345.1345.45
Others Liabilities 14.6722.3211.8314.6114.7534.2370.0683.28105.31118.77
Total Liabilities 97.96176.09157.59162.71156.25146.51147.96138.16136.20136.24

Fixed Assets

Net Fixed Assets +68.3985.6771.2570.2870.2870.2870.2869.9669.9669.96
Gross Block149.48170.38159.58158.50158.50158.50158.43158.11158.11158.11
Accumulated Depreciation81.0984.7188.3388.2288.2288.2288.1688.1688.1688.16
CWIP 3.979.179.879.879.8710.0510.0510.5310.5310.53
Investments 0.220.010.010.010.010.010.010.010.010.01
Inventories17.0717.6715.3016.8016.8019.6116.5711.5411.1311.13
Trade Receivables3.5238.8945.8645.8440.9628.9326.1220.8320.7220.72
Cash Equivalents 0.150.150.040.020.030.530.170.070.010.02
Others Assets 4.6524.5315.2719.9118.3117.1124.7625.2323.8523.88
Total Assets 97.96176.09157.59162.71156.25146.51147.96138.16136.20136.24

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Cash Flow From Operating Activity + 16.82-3.38-17.47-0.256.107.774.4323.7019.3612.91
PBT 12.922.23-9.77-8.17-11.10-31.40-10.77-26.53-20.22-13.44
Adjustment -6.866.50-10.067.4710.9711.674.8023.6319.4113.61
Changes in Working Capital -11.29-11.852.36-1.346.2327.510.4126.5920.1612.74
Tax Paid 0-0.0600000000
Cash Flow From Investing Activity + -38.43-25.1010.110.970-0.180.04-0.1300
Capex -38.62-26.1110.110.970-0.180.04-0.1300
Net Investments 0.02100000000
Others 0.17000000000
Cash Flow From Financing Activity + 21.5328.497.24-0.75-6.09-7.09-4.84-23.67-19.41-12.91
Net Proceeds from Shares 006.500000000
Net Proceeds from Borrowing 00004.894.580000.70
Interest Paid -0.73-4.220-8.02-10.97-11.67-4.84-23.67-19.41-13.61
Dividend Paid 0000000000
Others 22.2532.710.747.27000000
Net Cash Flow -0.080-0.11-0.030.020.50-0.37-0.09-0.060

Financial Ratio

PARTICULARSMar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18
Ratios
ROE (%)129.4217.2600N/AN/AN/AN/AN/AN/A
ROCE (%)70.8110.13-8.271.52N/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.190.590.34000.070.020.0400
PAT to CFO Conversion(x)2.01-3.02N/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days77.3095.20275.60001,184.502,757.401,520.7000
Inventory Days301.4078107.2000617.101,812.40910.4000
Payable Days-3,765.90200.70536.700000000

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

IAG Glass Company Ltd FAQs

The current trading price of IAG Glass 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 31-Dec-1969 the market cap of IAG Glass stood at ₹2.96 Cr

The latest P/E ratio of IAG Glass as of 31-Dec-1969 is 0.00.

The latest P/B ratio of IAG Glass as of 31-Dec-1969 is -0.14.

The 52-week high of IAG Glass is ₹4.68 and the 52-week low is ₹4.26.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of IAG Glass is ₹0.00 ( Cr.) .

Data is not available for this company.

No data found

No data found

About IAG Glass Company Ltd

IAG Company is the culmination of over four decades’ process of evolution and growth that began in 1956 under the name of Indo Asahi Glass Co. It was the first joint venture of Asahi Glass Co, of Japan, outside their country. From that time the company was showered with uninterrupted patronage and directions from them till the year 1998. The first three decades of the company’s existence were primarily devoted to the growth and consolidation of the sheet glass business in clear and colour. In the year 1988, the company launched a line of high quality figured glass. In the year 1999, the Japanese conglomerate debonded their relationship with the Indo Asahi Glass Co. Thereafter the ownership was fully indianised and it came under the aegis of an Indian glass manufacturer transforming the name to IAG Company.

After completion of fifty years of existence, the full management and operational control of the company has been taken over by an upcoming entrepreneur group who are in the construction materials manufacturing for few years. With the advent of globalization of the Indian economy, IAG has transformed it’s work culture tuning with the new era. But still the reputation that IAG has built over the years for high ethical standards is one of company’s greatest business assets.

Over the years, IAG has played a pioneering role in glass production in India. Since 1964, the company’s Bhurkunda plant has been the only manufacturer of glass as thin as 1.1mm used for microslides. This has resulted in considerable import substitution. At present the Installed Capacity of their Sheet Glass plant is 5.62 million sq.mt. per annum. Production capacity of Figured Glass has been increasing constantly. The company started Figured Glass production in 1988 with the Installed Capacity of 2.7 million sq.mt. per annum which went up to 8.27 million sq.mt. per annum in 1998 and now it is 12.19 million sq.mt. per annum.

Sheet Glass is drawn vertically from the furnace with ‘Fourcault’ process and ‘Asahi’ process. From the other furnace Figured Glass, Wired Glass & Plain Rolled Glass (Non-Glare Glass) is drawn horizontally by ‘Rolled-out’ process. The processes of manufacture which determine the end-product are examples of world standard technologies being adapted to Indian conditions.

Every item manufactured at IAG conforms to BSI specifications. High quality is maintained by keeping strict watch throughout the production process.IAG has it’s own stringent quality tests which every batch of products must pass before it reaches the market.

Products:

• Figured Glass:

The company manufactures quality figured glass in its own manufacturing units. This flat glass provides privacy while letting light through with a template pattern on one side. It also caters the interior effect with its translucence and pattern itself. IAG, through its marvelous designs in figured glass, offers people a chance to transform their homes through the power of imagination of landscapes. You can shut out the harsh world and create your own special cheerful ambiance. The special surface orientation of IAG glass heightens internal reflection enhancing the brightness of glass. So you can drape yourself in your privacy and yet bask in the gentle glow of light.

Their products are widely used in the manufacture of stained glass, interior decoration, window panes, office / bathroom partitions, making of crisper glass for refrigerators and light shades. The myriad hues, moods and colours of nature are captured on IAG Figured Glass. The uniqueness of IAG designs are reflected on KONOHA, the freshness of shimmering leaves, YOZORA, the beauty of twinkling sky. The well known MISTLITE conjures up the magic of moonlight playing through mist. The pattern ZADE gives the effect of cluster of hut-roofs. And of course the timeless designs--- KARATACHI, MORGAN.

• Wired Glass:

It manufacture ½ inch Georgian square mesh wired glass, which is white in colour and 6 mm in thickness.

• Rolled Glass:

It also make rolled glass / NGG in 2 mm thickness in the sizes – 50cm X 70cm and 60cm X 90cm. It is primarily used for making picture frames.

Awards and achievements:

• In recognition to performance in export of company's manufactured products, Sheet Glass and Figured Glass, accolades were bestowed upon the company by CAPEXIL(the related export promotion council of India--sponsored by Ministry of Commerce and Industry, Government of India) as SPECIAL EXPORT AWARD for three consecutive years 1993-94, 1994-95 & 1995-96 and Certificate of Merit for two consecutive years 1999-2000 & 2000-2001.

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