Innovative Foods Ltd - Stock Valuation and Financial Performance

BSE: 519210 | NSE: INOVATMARN | Consumer Food | Small Cap

BSE Share Price
Not Listed

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Innovative Foods stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
128.9 Cr.
52-wk low:
33
52-wk high:
35.8

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Innovative Foods:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % -10.2%-14.3%-23%-30.1%-22.5%-53.4%-40.8%-28.3%5.1%9.9%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 56.164.562.749.254.156.770.979.985.512154
Sales YoY Gr.-15%-2.8%-21.6%10%4.9%25%12.6%7.1%41.2%-
Adj EPS -0.7-1-1.5-1.7-1.4-3.5-2-1.20.10.3-2.5
YoY Gr.-NANANANANANANANA230%-
BVPS (₹) 6.45.43.96.36.63.12.62.42.52.86.5
Adj Net
Profit
-2.8-3.7-6-10.1-10.5-25.5-18.9-13.51.13.6-10
Cash Flow from Ops. -2.6-2.1-1.8-1.4-11.7-31-16.8-93.5-10.1-
Debt/CF from Ops. -0.1-1.2-4.1-1.5-0.2-0.6-1.2-1.95.3-3.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.9%17.4%19.4%41.2%
Adj EPS NANANA230%
BVPS-8.7%-15.6%2.9%13.3%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on
Equity %
-10.6-16.2-32.9-37.6-24.1-71-79.6-53.7412.4-54
Op. Profit
Mgn %
-4.6-4.6-7.3-18.1-21.1-41.7-22-12.94.65.7-5.3
Net Profit
Mgn %
-5-5.8-9.6-20.6-19.5-45-26.7-16.91.23-18.2
Debt to
Equity
00.10.50.10.10.80.80.70.71-
Working Cap
Days
93981131231191671711581481470
Cash Conv.
Cycle
636778887996866039620

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

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

Latest Financials - Innovative Foods Ltd.

Standalone Consolidated
TTM EPS (₹) -2.5 -
TTM Sales (₹ Cr.) 54.1 -
BVPS (₹.) 6.5 -
Reserves (₹ Cr.) -14 -
P/BV 5.07 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 33.00 / 35.80
All Time Low / High (₹) 0.41 / 212.00
Market Cap (₹ Cr.) 129
Equity (₹ Cr.) 39
Face Value (₹) 10
Industry PE 66.1

Management X-Ray of Innovative Foods:

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 Innovative Foods

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Sales56.1164.5462.7149.1854.1056.7470.9179.8685.50120.71
Operating Expenses 58.7167.5467.2958.0865.6280.4586.4890.1681.60113.86
Manufacturing Costs5.8412.3311.8510.4911.7113.2416.1314.9415.3522.32
Material Costs31.6337.0136.4827.6629.5731.7439.0844.9443.5359.64
Employee Cost 6.517.078.508.7611.5917.8114.6012.8512.3916.39
Other Costs 14.7311.1210.4611.1712.7517.6716.6717.4410.3415.51
Operating Profit -2.60-3-4.58-8.90-11.52-23.72-15.57-10.313.906.85
Operating Profit Margin (%) -4.6%-4.6%-7.3%-18.1%-21.3%-41.8%-22.0%-12.9%4.6%5.7%
Other Income 1.210.820.831.583.220.691.311.761.551.64
Interest 0.110.360.970.880.270.772.061.821.682.49
Depreciation 1.201.171.301.481.261.732.482.962.702.40
Exceptional Items 0000000000
Profit Before Tax -2.70-3.71-6.02-9.68-9.84-25.54-18.80-13.331.063.59
Tax 0000000000
Profit After Tax -2.70-3.71-6.02-9.68-9.84-25.54-18.80-13.331.063.59
PAT Margin (%) -4.8%-5.8%-9.6%-19.7%-18.2%-45.0%-26.5%-16.7%1.2%3.0%
Adjusted EPS (₹)-0.7-1.0-1.5-1.6-1.3-3.5-2.0-1.20.10.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22

Equity and Liabilities

Shareholders Fund 24.8821.1615.3038.5548.7123.1724.3726.0427.1030.70
Share Capital 39.0139.0139.1360.7873.9473.9493.94108.94108.94108.94
Reserves -14.13-17.84-23.83-22.24-25.23-50.77-69.56-82.90-81.83-78.24
Minority Interest0000000000
Debt0.183.377.342.132.6117.3016.1815.4118.7027.70
Long Term Debt0.1800008.717.686.299.783.59
Short Term Debt03.377.342.132.618.598.509.128.9224.11
Trade Payables2.574.023.112.234.085.208.1816.8413.3019.43
Others Liabilities 6.174.926.868.2810.5617.0117.906.615.109
Total Liabilities 33.8033.4832.6051.1865.9662.6866.6364.9064.2086.83

Fixed Assets

Gross Block23.3724.7526.7926.9427.7744.8950.0350.7551.5154.18
Accumulated Depreciation13.9615.1116.3717.8518.3520.0822.1825.1427.8430.24
Net Fixed Assets9.419.6310.419.099.4324.8127.8625.6123.6723.94
CWIP 0.160.3200.080.241.7900.280.210.07
Investments 0.420.140.140000000
Inventories5.9010.627.136.076.628.847.878.048.9422.30
Trade Receivables6.797.459.276.569.9911.3917.0216.2717.4124.93
Cash Equivalents 9.212.993.3127.2235.394.863.585.154.641.30
Others Assets1.932.332.342.164.291110.309.569.3414.29
Total Assets 33.8033.4832.6051.1865.9662.6866.6364.9064.2086.83

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Cash Flow From Operating Activity -2.61-2.08-1.79-1.41-11.73-30.97-16.75-8.963.53-10.09
PBT -2.70-3.71-6.02-9.68-9.84-25.54-18.80-13.331.063.59
Adjustment 0.680.862.241.21-1.232.293.884.455.735.82
Changes in Working Capital -0.50.832.027.12-0.5-7.63-2.04-0.14-3.38-19.59
Tax Paid 0-0.06-0.03-0.06-0.17-0.090.200.050.120.08
Cash Flow From Investing Activity -0.22-1.01-1.440.74-0.37-15.23-1.83-1.17-0.44-3
Capex -1.10-1.54-1.720.36-1.89-16.92-3.53-1.61-0.87-2.67
Net Investments 0000000000
Others 0.880.530.290.381.521.701.700.440.43-0.33
Cash Flow From Financing Activity -0.280.223.3127.1920.2815.6618.2310.951.679.76
Net Proceeds from Shares 000.1532.93200201500
Net Proceeds from Borrowing 0000010.400.31-2.913.48-6.18
Interest Paid 0-0.06-0.81-0.90-0.22-0.70-1.99-1.76-1.70-2.25
Dividend Paid 0000000000
Others -0.280.283.97-4.840.505.96-0.090.61-0.1118.19
Net Cash Flow -3.10-2.870.0826.528.18-30.53-0.340.824.77-3.34
PARTICULARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22
Ratios
ROE (%)-10.31-16.13-33.02-35.94-22.55-71.06-79.08-52.94.0112.43
ROCE (%)-9.84-13.52-21.41-27.8-20.8-52.99-39.05-26.66.1811.33
Asset Turnover Ratio1.61.941.921.190.940.881.11.211.321.6
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/A3.33-2.81
Working Capital Days
Receivable Days42404858556973767264
Inventory Days40465148425043363647
Payable Days29323635395362102126100

Innovative Foods Ltd Stock News

Innovative Foods Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Innovative Foods on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Innovative Foods stood at ₹128.9.
The latest P/E ratio of Innovative Foods as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Innovative Foods as of 01-Jan-1970 05:30 is 5.07.
The 52-week high of Innovative Foods is ₹35.80 and the 52-week low is ₹33.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Innovative Foods is ₹54.10 ( Cr.) .

About Innovative Foods Ltd

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
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