Chordia Food Products Ltd Stock Analysis

BSE: 519475 | NSE: | Consumer Food | Small Cap

BSE Share Price Jan 17, 12:57
154.45 2.95 (1.95%)

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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.

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 % 8.2%7.3%6.4%4.9%3.6%0.6%9%6.7%2.7%2.4%-
Value Creation Index -0.4-0.5-0.5-0.7-0.7-1.0-0.4-0.5-0.8-0.8-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 28.631.53539.641.351.959.260.665.578.171
YoY Gr. Rt. %-10.2%11.1%13.2%4.3%25.6%14%2.4%8.1%19.2%-
Adj EPS 6.95.85.64.11.7-2.4105.21.91.5-14.3
YoY Gr. Rt. %--16.3%-3.8%-25.7%-58%-239.1%NA-48%-64.2%-18.2%-
BVPS (₹) 90.398.5104115.1116.8108.5106.686.688.590.175.9
Adj Net Profit 2.11.71.71.20.5-0.732.10.80.6-6
Cash Flow from Ops. -0.33.41.736.92.825.73.8-0.5-
Debt/CF from Ops. -17.114.92.21.32.95.31.21.3-16.2-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 11.8%13.6%9.7%19.2%
Adj EPS -15.4%-2.5%-46.6%-18.2%
BVPS 0-5.1-5.51.7
Share Price 11.1% 6.4% -9.5% 37.9%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 86.15.53.81.5-2.29.26.22.11.7-17.2
Op. Profit Mgn % 14.311.711.28.56.33.7129.85.54.1-4.7
Net Profit Mgn % 7.25.54.73.11.3-1.45.13.51.20.8-8
Debt to Equity 0.20.10.30.20.30.30.30.20.10.20
Working Cap Days 237240276314325260198164147135135
Cash Conv. Cycle 867268555749791151028076

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years 9.69%

Sales growth is not so good in last 4 quarters at 3.38%

Latest Financials - Chordia Food Products Ltd.

Standalone Consolidated
TTM EPS (₹) -14.3 -7.3
TTM Sales (₹ Cr.) 71.4 74.2
BVPS (₹.) 75.9 82.4
Reserves (₹ Cr.) 27 29
P/BV 2.00 1.82
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 90.85 / 198.00
All Time Low / High (₹) 8.50 / 230.20
Market Cap (₹ Cr.) 61
Equity (₹ Cr.) 4
Face Value (₹) 10
Industry PE 58.8

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 Chordia Food Products Ltd

Chordia Food Products ( CFPL ) had its humble beginnings in 1960.The Company started with manufacturing small quantities of pickles and spices at home. It went on to become a generic name for pickles in Maharashtra and neighboring states. Gradually, it became a leading manufacturer of Tomato ketchups under the brand names: “Pravin”, “Navin” and “Toofan”. Strict quality control procedures are implement at various stages of processing to ensure that the best quality products leave the factories.

One of its kinds in Maharashtra has been conceptualized by the Chordia Group and is set at Shirwal in Maharashtra, 55 kms from Pune, on the Bangalore Highway. Apart from Shirwal, they also have factory unit at Chennai & Dharvad at Karnataka. The Park is equipped with state-of-the-art infrastructure and the most modern technology to cater to the food processing industry. Every need of the manufacture will now be taken care of under one roof.

The products have largely been accepted in the Domestic and International Market. With state of the art manufacturing units at 3 different states viz. Maharashtra, Karnataka & Tamil Nadu theyalso have a well oiled Sales & Distribution Network.

The ambitious new project Chordia Food Park saw the light of the day in the year 2002. Since then it has started many new units. It will soon be entering the Frozen Food Market with a big bang.

The quality policy of CFPL has customers & business associates as two of the main points. It says that CFPL will assure that “Customer Satisfaction” would be of prime importance that would be the main factor towards which all its efforts would be directed. All dealings with business partners would project an approach of fairness & of mutual respect.

Product range of the company includes:

  • Domerstic Products
  • Pickels
  • Ketchups & Sauces
  • Instant Mixes
  • Regional Receipes
  • Other Products

Export Products

  • Vegetables
  • Amla
  • Arvi
  • Bhindi
  • Chauri
  • Choluga
  • Coconut Shredded
  • Drumsticks
  • DumAloo
  • French Beans
  • Goovar
  • Green Chilli
  • Green Garlic
  • Green Peas
  • Green Jackfruit
  • Kantola
  • KarelaMethi
  • Mix Vegetable
  • Mogri
  • Palak
  • Parval
  • Punjabi Tinda
  • Ratalu
  • Red Chilli
  • Red Onion
  • Sarson ka Saag
  • Snake Gourd
  • Suran
  • Surti Papadi Lilva
  • Surti PapdiUndhiu
  • Tandal Jo No Bhaji
  • Tindora
  • Toovar Lilva
  • Vator 

Pickles

  • Mango
  • Lime
  • Mixed
  • Green Chilli
  • Lime - Green Chilli

Indian Ethenic Food

  • Chunda
  • Murabba
  • Mango Dices

Achievements/ recognition:

  • Year 1992,1993 – All India Mango Show, Mumbai – 4 awards
  • Year 1993 – First in All India Citrus Show.
  • Year 1996 - All India Mango Show, Bangalore – 4 awards.
  • Year 1997 – All India Mango Show, Lucknow
  • Year 1998 – Highest Recognition from Indian Institute of Packaging, Mumbai.
  • Year 1998 – Certificate of Merit, APEDA.
  • Year 1999 – All India Mango Show, Indore – 3 awards.
  • Year 1999 & 2003 – National Productivity Award.
  • Year 2000 & 2003 – Rajiv Gandhi National Quality Award.
  • Year 2002 – ISO 9001-2000 & HACCP Certification
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