Deco-Mica Ltd - Stock Valuation and Financial Performance

BSE: 531227 | NSE: | Laminates/Decoratives | Small Cap

Deco-Mica Share Price

63.50 1.03 1.65%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Deco-Mica

M-Cap below 100cr DeciZen not available

Deco-Mica stock performance -

mw4me loader
P/E Ratio (SA):
11.50
Market Cap:
26.2 Cr.
52-wk low:
47.1
52-wk high:
90.7

Is Deco-Mica Ltd an attractive stock to invest in?

1. Is Deco-Mica Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Deco-Mica Ltd is a below average quality company.

2. Is Deco-Mica Ltd undervalued or overvalued?

The key valuation ratios of Deco-Mica Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Deco-Mica Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Deco-Mica 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 Deco-Mica:

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.
Deco-Mica Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 10.9%10.1%8.9%6.8%9.4%7.3%6%6.7%7.5%8.4%-
Value Creation
Index
-0.2-0.3-0.4-0.5-0.3-0.5-0.6-0.5-0.5-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 43.645.840.932.35151.248.653.471.778.378
Sales YoY Gr.-5%-10.7%-21.1%57.9%0.3%-5.1%10.1%34.2%9.2%-
Adj EPS 2.8332.23.92.81.93.14.24.25.4
YoY Gr.-7.1%-2%-25.9%77.7%-29.2%-31.4%61.6%37.5%-0.5%-
BVPS (₹) 23.426.329.231.435.338.940.944.349.154.355.7
Adj Net
Profit
1.21.31.30.91.61.20.81.31.81.82
Cash Flow from Ops. -0.40.60.84.70.4-1.5-1.3-1.3-0.45.1-
Debt/CF from Ops. -21.82019.52.636.4-9.9-13.1-14.4-48.13.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.7%8.9%17.3%9.2%
Adj EPS 4.5%1.4%30.3%-0.5%
BVPS9.8%9%9.9%10.7%
Share Price 19.5% 22.9% 38.5% 8.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
12.812.210.77.311.77.54.87.29.18.19.9
Op. Profit
Mgn %
789.3118.77.37.68.47.47.96.6
Net Profit
Mgn %
2.72.83.12.93.22.31.62.42.52.32.9
Debt to
Equity
111.30.90.90.91110.80
Working Cap
Days
175195227304227256296261218233144
Cash Conv.
Cycle
678510914411114417518116616854

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 9.90%

Sales growth is growing at healthy rate in last 3 years 17.27%

Net Profit is growing at healthy rate in last 3 years 30.27%

Debt to equity has declined versus last 3 years average to 0.78

Sales growth is not so good in last 4 quarters at -13.66%

Latest Financials - Deco-Mica Ltd.

Standalone Consolidated
TTM EPS (₹) 5.4 -
TTM Sales (₹ Cr.) 78.3 -
BVPS (₹.) 55.7 -
Reserves (₹ Cr.) 19 -
P/BV 1.12 -
PE 11.50 -
From the Market
52 Week Low / High (₹) 47.10 / 90.71
All Time Low / High (₹) 5.00 / 90.71
Market Cap (₹ Cr.) 26.2
Equity (₹ Cr.) 4.2
Face Value (₹) 10
Industry PE 29.7

Management X-Ray of Deco-Mica:

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 Deco-Mica

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales43.6345.8240.9432.3151.0251.1848.5553.4471.7178.30
Operating Expenses 40.6142.2337.1328.7446.6447.4444.8748.9866.4372.15
Manufacturing Costs2.522.672.462.263.173.582.983.304.605.46
Material Costs33.6134.9629.5620.5332.9132.5429.5734.0745.9046.91
Employee Cost 1.461.601.7523.324.874.835.025.906.95
Other Costs 3.023.013.363.957.246.447.496.5910.0212.83
Operating Profit 3.023.583.813.574.383.743.684.465.286.15
Operating Profit Margin (%) 6.9%7.8%9.3%11.0%8.6%7.3%7.6%8.3%7.4%7.9%
Other Income 0.110.080.110.200.420.480.180.160.430.83
Interest 0.941.201.411.271.211.401.621.561.652.38
Depreciation 0.420.560.820.991.031.041.071.091.161.31
Exceptional Items 0000000000
Profit Before Tax 1.771.901.701.512.561.781.171.972.903.30
Tax 0.610.670.490.510.890.370.300.640.871.01
Profit After Tax 1.161.231.210.991.681.420.861.332.022.28
PAT Margin (%) 2.6%2.7%2.9%3.1%3.3%2.8%1.8%2.5%2.8%2.9%
Adjusted EPS (₹)2.82.92.92.44.03.42.13.24.85.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 9.8411.0612.2613.1914.8416.3517.1918.5920.6122.80
Share Capital 4.204.204.204.204.204.204.204.204.204.20
Reserves 5.646.868.068.9910.6412.1512.9914.3916.4118.60
Minority Interest0000000000
Debt9.0910.5514.8411.4511.9714.3116.2418.4020.0817.09
Long Term Debt1.781.913.043.672.031.800.241.691.151.24
Short Term Debt7.318.6511.807.789.9412.511616.7118.9315.85
Trade Payables11.9410.7510.3412.2913.3313.6812.194.8710.2812.78
Others Liabilities 4.826.676.976.305.696.096.517.0810.9310.86
Total Liabilities 35.7039.0344.4143.2345.8350.4352.1348.9461.8863.53

Fixed Assets

Gross Block10.9213.3615.4512.6513.1918.1814.6515.3616.8018.79
Accumulated Depreciation2.973.444.260.991.806.863.654.735.897.10
Net Fixed Assets7.959.9211.1911.6711.3911.3211.0110.6310.9111.69
CWIP 0.5200000000.050.17
Investments 0000000000
Inventories7.787.948.0810.027.5811.1413.2813.2720.5722.19
Trade Receivables17.0518.0119.0219.5024.9525.3124.9222.7727.6427.59
Cash Equivalents 0.771.124.250.490.480.650.720.720.930.76
Others Assets1.632.041.871.551.422.022.201.551.781.12
Total Assets 35.7039.0344.4143.2345.8350.4352.1348.9461.8863.53

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.440.570.814.700.35-1.48-1.27-1.31-0.435.11
PBT 1.771.901.701.512.561.781.171.972.903.30
Adjustment 1.061.531.762.011.682.372.792.632.793.71
Changes in Working Capital -2.28-1.45-1.32.64-2.56-3.74-3.2-3.93-3.881.21
Tax Paid -0.30-0.44-0.43-0.34-0.67-0.50-0.49-0.55-0.65-1.04
Cash Flow From Investing Activity -3.37-2.04-1.38-1.36-0.75-0.90-0.70-0.70-1.47-2.17
Capex -3.21-2.06-2.09-1.46-0.80-0.93-0.78-0.75-1.49-2.21
Net Investments 00000000-0.010
Others -0.150.030.710.100.050.030.080.040.030.04
Cash Flow From Financing Activity 3.881.784.33-3.380.422.311.982.031.89-2.97
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 1.020.441.180.64-1.73-0.67-1.441.40-0.400.87
Interest Paid 0000000000
Dividend Paid 0000000000
Others 2.861.343.15-4.022.162.983.420.632.29-3.84
Net Cash Flow 0.080.313.76-0.050.02-0.070.010.01-0.01-0.04
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)12.4711.7310.357.811.969.085.167.4310.3310.52
ROCE (%)16.0114.8112.3310.3914.2210.858.69.9111.5713.86
Asset Turnover Ratio1.571.361.10.821.171.070.951.081.321.26
PAT to CFO Conversion(x)-0.380.460.674.750.21-1.04-1.48-0.98-0.212.24
Working Capital Days
Receivable Days112126148195155178189160125127
Inventory Days51566492616692898499
Payable Days114118130201142151160916090

Deco-Mica Ltd Stock News

Deco-Mica Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Deco-Mica on 28-Mar-2024 16:01 is ₹63.50.
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 28-Mar-2024 16:01 the market cap of Deco-Mica stood at ₹26.24.
The latest P/E ratio of Deco-Mica as of 28-Mar-2024 16:01 is 11.50.
The latest P/B ratio of Deco-Mica as of 28-Mar-2024 16:01 is 1.12.
The 52-week high of Deco-Mica is ₹90.71 and the 52-week low is ₹47.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Deco-Mica is ₹78.30 ( Cr.) .

About Deco-Mica Ltd

Deco Mica Limited is a leading in manufacturing of Decorative Laminated Sheets, Cut pieces & Industrial Insulators Board & Trading of goods. The company has its registered office at 306, 3rd Floor, Iscon Mall, Above Star Bazar, Near Jodhpur Cross Road, Satellite, Ahmedabad.

Business area of the company

The Company is engaged in manufacturing and exporting of Laminates.

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