BSE: 0 | NSE: BABAFP | Consumer Food | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Baba Food Processing (India) Ltd is a below average quality company.
The key valuation ratios of Baba Food Processing (India) Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Baba Food Processing (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 0% | 0% | 0% | 0% | 0% | 4.9% | 12.8% | - |
| Value Creation Index ⓘ | NA | NA | NA | NA | NA | -0.7 | -0.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | ||||||||
| Sales ⓘ | 0 | 0 | 0 | 0 | 0 | 97.1 | 190 | 190 |
| Sales YoY Gr. | - | NA | NA | NA | NA | NA | 95.2% | - |
| Adj EPS ⓘ | 0 | 0 | 0 | 0 | 0 | 1.1 | 4.2 | 3.1 |
| YoY Gr. | - | NA | NA | NA | NA | NA | 264.9% | - |
| BVPS (₹) ⓘ | 0 | 0 | 0 | 0 | 0 | 16.7 | 20.8 | 39.9 |
| Adj Net Profit ⓘ | 0 | 0 | 0 | 0 | 0 | 1.4 | 5 | 5 |
| Cash Flow from Ops. ⓘ | 0 | 0 | 0 | 0 | 0 | -3.5 | 6.1 | - |
| Debt/CF from Ops. ⓘ | 0 | 0 | 0 | 0 | 0 | -7.9 | 5.4 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | NA | 95.2% | ||||
| Adj EPS ⓘ | NA | NA | NA | 264.9% | ||||
| BVPSⓘ | NA | NA | NA | 25% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 0 | 0 | 0 | 0 | 0 | 6.9 | 22.2 | 10.1 |
| Op. Profit Mgn % ⓘ | 0 | 0 | 0 | 0 | 0 | 5.1 | 5.8 | NAN |
| Net Profit Mgn % ⓘ | 0 | 0 | 0 | 0 | 0 | 1.4 | 2.6 | 2.6 |
| Debt to Equity ⓘ | 0 | 0 | 0 | 0 | 0 | 1.4 | 1.3 | - |
| Working Cap Days ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 65 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 51 | 0 |
Return on Equity has increased versus last 3 years average to 10.10%
Sales growth has been subdued in last 3 years 0.00%
Net Profit has been subdued in last 3 years 0.00%
Debt to equity has increased versus last 3 years average to 1.31
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 3.1 | 3.1 |
| TTM Sales (₹ Cr.) | 190 | 190 |
| BVPS (₹.) ⓘ | 39.9 | 10 |
| Reserves (₹ Cr.) ⓘ | 49 | - |
| P/BV ⓘ | 1.45 | 5.78 |
| PE ⓘ | 18.86 | 18.74 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 94.4 |
| Equity (₹ Cr.) | 16.3 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 65.6 |
| Pledged * | 0.00 |
| PARTICULARS | Mar'22 | Mar'23 |
|---|---|---|
| Sales | 97.11 | 189.54 |
| Operating Expenses ⓘ | 92.20 | 178.60 |
| Manufacturing Costs | 5.71 | 7.96 |
| Material Costs | 79.34 | 160.92 |
| Employee Cost | 2.99 | 4.22 |
| Other Costs ⓘ | 4.16 | 5.50 |
| Operating Profit ⓘ | 4.91 | 10.94 |
| Operating Profit Margin (%) | 5.1% | 5.8% |
| Other Income ⓘ | 0.45 | 0.10 |
| Interest ⓘ | 1.36 | 2.46 |
| Depreciation ⓘ | 1.16 | 1.63 |
| Exceptional Items ⓘ | 0 | 0 |
| Profit Before Tax ⓘ | 2.84 | 6.95 |
| Tax ⓘ | 1.31 | 1.94 |
| Profit After Tax | 1.53 | 5 |
| PAT Margin (%) | 1.6% | 2.6% |
| Adjusted EPS (₹) | 1.3 | 4.2 |
| Dividend Payout Ratio (%) | 0% | 0% |
| PARTICULARS | Mar'22 | Mar'23 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 20 | 25 | ||||||||
| Share Capital ⓘ | 4.80 | 4.80 | ||||||||
| Reserves ⓘ | 15.20 | 20.20 | ||||||||
| Minority Interest | 0 | 0 | ||||||||
| Debt | 27.67 | 32.67 | ||||||||
| Long Term Debt | 12.37 | 11.70 | ||||||||
| Short Term Debt | 15.29 | 20.97 | ||||||||
| Trade Payables | 3.52 | 6.20 | ||||||||
| Others Liabilities ⓘ | 3.50 | 4.25 | ||||||||
| Total Liabilities ⓘ | 54.68 | 68.12 | ||||||||
Fixed Assets | ||||||||||
| Gross Block | 26.39 | 29.13 | ||||||||
| Accumulated Depreciation | 6.31 | 7.94 | ||||||||
| Net Fixed Assetsⓘ | 20.08 | 21.18 | ||||||||
| CWIP ⓘ | 0 | 0.88 | ||||||||
| Investmentsⓘ | 4.41 | 3.01 | ||||||||
| Inventories | 16.88 | 24.47 | ||||||||
| Trade Receivables | 9.66 | 11.94 | ||||||||
| Cash Equivalents | 1.19 | 4.38 | ||||||||
| Others Assetsⓘ | 2.45 | 2.25 | ||||||||
| Total Assets ⓘ | 54.68 | 68.12 | ||||||||
| PARTICULARS | Mar'22 | Mar'23 |
|---|---|---|
| Cash Flow From Operating Activity ⓘ | -3.52 | 6.08 |
| PBT ⓘ | 2.84 | 6.95 |
| Adjustment ⓘ | 1.16 | 1.63 |
| Changes in Working Capital ⓘ | -7.23 | -2.03 |
| Tax Paid ⓘ | -0.29 | -0.48 |
| Cash Flow From Investing Activity ⓘ | 3.25 | -2.21 |
| Capex | -0.22 | -3.61 |
| Net Investments | 3.48 | 1.40 |
| Others ⓘ | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 1.37 | -0.68 |
| Net Proceeds from Shares ⓘ | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -0.10 | -0.68 |
| Interest Paid ⓘ | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 |
| Others ⓘ | 1.46 | 0 |
| Net Cash Flow ⓘ | 1.10 | 3.19 |
| PARTICULARS | Mar'22 | Mar'23 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 7.66 | 22.24 | ||||||||
| ROCE (%) | 8.82 | 17.87 | ||||||||
| Asset Turnover Ratio | 1.78 | 3.09 | ||||||||
| PAT to CFO Conversion(x) | -2.3 | 1.22 | Working Capital Days | |||||||
| Receivable Days | 36 | 21 | ||||||||
| Inventory Days | 63 | 40 | ||||||||
| Payable Days | 16 | 11 | ||||||||
Baba Food Processing (India) was incorporated on April 22, 2015 as ‘Baba Food Processing (India) Private Limited’, a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation issued by the Registrar of Companies, Jharkhand at Ranchi. Subsequently, pursuant to a resolution passed by the Shareholders in an Extra-Ordinary General Meeting held on May 27, 2023, the company was converted from a private limited company to a public limited company and a fresh certificate of incorporated dated July 20, 2023 was issued by the Registrar of Companies, Jharkhand at Ranchi. Consequent to the conversion of the company, the name of the company was changed to ‘Baba Food Processing (India) Limited’.
The company is primarily engaged in the business of manufacturing high fibre Whole Wheat Atta (Wheat Flour), Refined Flour (Maida), Tandoori Atta and Semolina flour (Sooji). Its manufacturing unit is situated in Ranchi and houses two divisions namely, high fibre whole wheat atta division and refined flour division. The company manufactures high fibre Whole Wheat Atta (Wheat Flour) in its whole wheat atta division and Refined Flour (Maida), Tandori Atta, Semolina flour (Sooji) in its refined flour division. It also commercialeses the by-product and waste material, i.e., wheat bran and other waste materials generated during its manufacturing process as cattle feed and fish feed, which makes its manufacturing unit a zero waste and zero discharge manufacturing unit.
Its manufacturing unit is equipped with ultramodern highly automated Buhler’s Swiss Technology Pesa Mill for manufacturing of stoneless high fibre atta and also an ultra-modern highly automated Buhler’s Swiss Technology Roller Flour Mill. It also market and sell Chickpea Flour (Besan) and Roasted Gram Flour (Sattu) under its brand ‘Panchakanya’, however it procures these product from third party manufacturers. It proposes to utilise a portion of the Net Proceeds of this Issue, towards purchase of machinery for manufacturing Chickpea Flour (Besan) and Roasted Gram Flour (Sattu) in its existing manufacturing unit.
The company operates under the guidance of its Promoter, Yogesh Kumar Sahu, who has a long standing experience in the agro trading and milling business. Its Promoter prior to incorporation of the company was associated with a partnership firm under the name ‘M/s Baba Flour Mill’, in the capacity of a partner, which was engaged in the business of trading of agro-commodities and milling of rice and grains.
Business area of the company
The company is engaged in the business of manufacturing high fibre Whole Wheat Atta (Wheat Flour), Refined Flour (Maida), Tandoori Atta and Semolina flour (Sooji).
Products of the company
History and milestones
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
