Oswal Agro Mills Ltd Stock Analysis

BSE: 500317 | NSE: OSWALAGRO | Diversified | Small Cap

BSE Share Price Jan 17, 18:01
36.35 -0.30 (-0.82%)

DeciZen - Make an Informed Decision on Oswal Agro Mills

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

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.

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 % -1.8%1.8%1.4%1.6%0.9%-0.6%2.3%1.3%1.2%0.9%-
Value Creation Index -1.1-0.9-0.9-0.9-0.9-1.1-0.8-0.9-0.9-0.9-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 9.545.911.642.415.115.522.4014.629.324
YoY Gr. Rt. %-383.8%-74.8%266.1%-64.4%2.5%44.3%-100%NA100.3%-
Adj EPS -0.80.80.60.70.4-0.310.60.50.40.4
YoY Gr. Rt. %-NA-26.3%17.9%-40.9%-171.8%NA-42.7%-5.5%-23.1%-
BVPS (₹) 40.54040.94242.341.742.643.243.744.144.3
Adj Net Profit -10.810.27.58.85.3-3.712.97.475.45
Cash Flow from Ops. -10475.831.4-10847.32.5-33.810.8-27.8-63.4-
Debt/CF from Ops. -0.2000000000-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 13.3%14.1%9.4%100.3%
Adj EPS NA0.5%-25.3%-23.1%
BVPS 0.90.91.20.9
Share Price - 26.9% 61.4% 226%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % -1.91.91.41.60.9-0.72.31.31.20.90.8
Op. Profit Mgn % 47.638.67223.8-40.6-43.9-43.20-109.2-36.6-35
Net Profit Mgn % -114.322.264.720.834.7-23.957.6047.718.519.8
Debt to Equity 0.10000000000
Working Cap Days 9,8551,7834,4811,5714,7663,8602,96506,5873,2801,26,118
Cash Conv. Cycle 1,635184-2,3001871,1501,6141,23001,6759521,24,089

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 0.80%

Sales growth has been subdued in last 3 years 9.38%

Net Profit has been subdued in last 3 years -25.31%

Sales growth is not so good in last 4 quarters at -1.23%

Latest Financials - Oswal Agro Mills Ltd.

Standalone Consolidated
TTM EPS (₹) 0.4 1.5
TTM Sales (₹ Cr.) 24.4 24.4
BVPS (₹.) 44.3 59.6
Reserves (₹ Cr.) 460 666
P/BV 0.82 0.61
PE 100.05 24.85
From the Market
52 Week Low / High (₹) 8.35 / 45.30
All Time Low / High (₹) 1.25 / 120.00
Market Cap (₹ Cr.) 488
Equity (₹ Cr.) 134.2
Face Value (₹) 10
Industry PE 48.8

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 (%)

Event Update

Analyst's Notes

News

About Oswal Agro Mills Ltd

Since its incorporation in the year 1979, the company has been engaged in real estate and other non-financial activities. The Company always adheres to achieve the best in the industry and try to optimise the cost and its efficiency level which translating into profit margins.

The company has been carrying on the real estate and other non-financial activities since its incorporation. However, for the first time for the financial year ended 31.03.2019, the company’s financial assets constituted more than 50 per cent of its total assets and the income from financial assets also constituted more than 50 per cent of its gross income, resulting in meeting the ‘50-50’ test for determining financial activity as a principal business and accordingly as per press release 1998-99/1269 dated 08.04.1995, it got covered under the definition of NBFC.

Accordingly, the company had decided to make an application with RBI for obtaining the registration as NBFC vide Board Resolution dated July 26, 2019 and also decided not to enter into any fresh financial activity w.e.f July 26, 2019 and only the financial transactions prior to 26th July, 2019 were continuing since then.

However, the board of the director of the company decided not to proceed further with the registration as NBFC, considering the fact that meeting the ‘50-50’ criteria was a one-time event on account of temporary reasons viz. business cycles etc. and that the company intends to continue only non-financial activity as its principal activity.

Moreover, the company is actively trading in agricultural products in FY 2020-21 and has traded in commodities and will continue to deal in non-financial activities as principal business activity.

Business area of the company

The company has been carrying on the real estate and other non-financial activities since its incorporation. Also, the company had decided to make an application with RBI for obtaining the registration as NBFC vide Board Resolution dated July 26, 2019.
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