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Innovative Foods Ltd Stock Analysis

Small Cap
Evaluated by 4 users | BSE: 519210 | NSE: INOVATMARN |
Consumer Food
Innovative Foods Limited was incorporated on September 1,1989 as a Public Limited Company in the State of Kerala and obtained a Certificate of Commencement of Business on March 4,1991.Innovative Foods is a joint venture operation for production of a range of Frozen Foods in three distinct...

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
 Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Return on Capital Employed -28.73%-20.28%-13.94%-17.57%-2.55%-10.24%-14.31%-22.96%-30.05%-22.47%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 2226.931.639.154.656.164.562.749.254.1
Y-o-Y Gr. Rt.-22.4%17.8%23.4%39.9%2.7%15%-2.8%-21.6%10%
Adjusted EPS (Rs.) -4.76-3.99-3.07-1.27-0.21-0.71-0.96-1.53-1.67-1.42
Y-o-Y Gr. Rt.-NANANANANANANANANA
Book Value per Share (Rs.) 5.180.95-2.047.27.076.385.433.916.346.59
Adjusted Net Profit -5.5-4.6-3.6-4.9-0.8-2.8-3.7-6-10.1-10.5
Net Op. Cash Flow (Rs. Cr.) -5.2-1.40.5-3.3-1.5-2.6-2.1-1.8-1.4-11.7
Debt to Cash Flow from Ops -2.13-10.6433.010-0.11-0.07-1.2-4.1-1.51-0.22
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Innovative Foods Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 10.5%-0.2%-5.7%10%
Adjusted EPS NANANANA
Book Value per Share 2.7-1.46.73.9
Share Price - - - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Return on Equity (%) -62.71-130.19564.51-38.47-2.91-10.59-16.24-32.88-37.61-24.13
Operating Profit Margin (%) -14.82-5.31-2.61-5.21-3.13-4.64-4.64-7.25-18.05-21.05
Net Profit Margin (%) -25.17-17.24-11.25-12.66-1.48-4.95-5.79-9.56-20.59-19.46
Debt to Equity 1.8413.65-7.1700.010.010.120.480.060.05
Working Capital Days 123119124112869398113123119
Cash Conversion Cycle 72634835456367788879
Entity Percentage Holding
Promoters 98.03%
Non-Institutions 1.97%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

Data is not available for this company.

Data is not available for this company

Innovative Foods Limited was incorporated on September 1,1989 as a Public Limited Company in the State of Kerala and obtained a Certificate of Commencement of Business on March 4,1991.

Innovative Foods is a joint venture operation for production of a range of Frozen Foods in three distinct categories of Ready-to-Cook, Ready-to-Fry and Heat-and-Serve. The company has separate processing facilities for Vegetarian and Non-Vegetarian products.

The company’s products are sold under the

Innovative Foods Limited was incorporated on September 1,1989 as a Public Limited Company in the State of Kerala and obtained a Certificate of Commencement of Business on March 4,1991.

Innovative Foods is a joint venture operation for production of a range of Frozen Foods in three distinct categories of Ready-to-Cook, Ready-to-Fry and Heat-and-Serve. The company has separate processing facilities for Vegetarian and Non-Vegetarian products.

The company’s products are sold under the SUMERU brand, which is a leading frozen brand in the Indian domestic market.

Innovative Foods was a division of Amalgam Enterprises and Amalgam was established in 1977 having its divisions as:

  • Amalgam Speciality Foods (India) Pvt.Ltd.
  • Accelerated Freeze Drying Co.Ltd.
  • Amalgam Nutrients & Feeds Ltd. 
  • Viceregal Travels & Resorts Ltd.
  • Innovative Marine Foods Ltd 

The Tata Group made its foray into the processed foods business with the acquisition of 70 per cent stake in Innovative Foods Ltd. (IFL) from the Amalgam Group through Residency Foods and Beverages Limited (RFBL), a subsidiary of Indian Hotels Company Limited (IHCL).

This initiative allowed RFBL to extend its seafood products in the value added category. As per the agreement, Jasper Aqua will manufacture products exclusively for the RFBL product portfolio.

Product range of the company includes:

  • Tiny Prawns
  • Small Prawns
  • Medium Prawns
  • Large Prawns
  • Jumbo Prawns
  • Super Jumbo Prawns
  • King Tiger Prawns
  • Fish Kheema
  • Premium Fish Fillets
  • Seer Fish Jumbo Steaks
  • Seer Fish Assorted Steaks
  • Seer Fish Prime Steaks
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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