Prime Industries Ltd - Stock Valuation and Financial Performance

BSE: 519299 | NSE: | Consumer Food | Small Cap

Prime Industries Share Price

242 3.90 1.64%
as on 28-Mar'24 15:09

DeciZen - make an informed investing decision on Prime Industries

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Prime Industries stock performance -

mw4me loader
P/E Ratio (SA):
31.43
Market Cap:
372.7 Cr.
52-wk low:
12.2
52-wk high:
283

Is Prime Industries Ltd an attractive stock to invest in?

1. Is Prime Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Prime Industries Ltd is a below average quality company.

2. Is Prime Industries Ltd undervalued or overvalued?

The key valuation ratios of Prime Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Prime Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Prime Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Prime Industries:

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.
Prime Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0.9%2.8%4.4%1.1%4.2%3.7%15.2%3.6%0.6%4.1%-
Value Creation
Index
-0.9-0.8-0.7-0.9-0.7-0.70.1-0.8-1.0-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.20.30.60.41.28.112.88.21.76.819
Sales YoY Gr.-106.3%81.8%-26.7%161.4%607%57.8%-36.2%-79.2%301.8%-
Adj EPS 00.1000.10.10.50.1-0.10.67.6
YoY Gr.-NA-83.3%-100%NA40%585.7%-77.1%-200%NA-
BVPS (₹) 24.44.43.86.34.44.57.213.31313.2
Adj Net
Profit
00.1000.10.10.80.2-0.2112
Cash Flow from Ops. -1.9-2.10.65.2-5.201.200.63.7-
Debt/CF from Ops. 001.12.2-0.100-16.917.90.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 51.8%42.8%-19%301.8%
Adj EPS NA65.5%8.9%NA
BVPS23.5%15.5%42.9%-2%
Share Price 71.8% 235.4% 301.1% 1885.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0.31.70.30.11.11.310.81.9-14.757.8
Op. Profit
Mgn %
3161.575.946.672.85.29.24.915.313.569.2
Net Profit
Mgn %
4.627.33.11.57.41.35.92.1-9.814.161.4
Debt to
Equity
000.11.90.10000.50.1-
Working Cap
Days
18,1579,2324,7536,1852,29618055101547122438
Cash Conv.
Cycle
2,1611,28170496637654314517536313

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 57.80%

Sales growth is good in last 4 quarters at 1403.09%

Sales growth has been subdued in last 3 years -18.95%

Net Profit has been subdued in last 3 years 8.91%

Latest Financials - Prime Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 7.6 -
TTM Sales (₹ Cr.) 19.3 -
BVPS (₹.) 13.2 -
Reserves (₹ Cr.) 13 -
P/BV 18.01 -
PE 31.43 -
From the Market
52 Week Low / High (₹) 12.19 / 282.95
All Time Low / High (₹) 0.38 / 282.95
Market Cap (₹ Cr.) 373
Equity (₹ Cr.) 7.8
Face Value (₹) 5
Industry PE 64.9

Management X-Ray of Prime Industries:

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 Prime Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales00101813827
Operating Expenses 00000812816
Manufacturing Costs0000000000
Material Costs00000711716
Employee Cost 0000000000
Other Costs 0000000000
Operating Profit 0000101001
Operating Profit Margin (%) 31.0%51.4%75.9%46.6%72.8%5.2%9.2%4.9%15.3%13.5%
Other Income 0000000001
Interest 0000100000
Depreciation 0000000000
Exceptional Items 0000000000
Profit Before Tax 0000001002
Tax 0000000000
Profit After Tax 0000001002
PAT Margin (%) 4.6%20.2%3.1%1.5%7.4%1.3%5.9%2.1%-9.8%23.0%
Adjusted EPS (₹)0.00.00.00.00.10.10.50.1-0.11.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 47761077112120
Share Capital 8888888888
Reserves -4-1-1-22-1-131313
Minority Interest0000000000
Debt001111000103
Long Term Debt0000000000
Short Term Debt001111000103
Trade Payables0000000000
Others Liabilities 131063511114
Total Liabilities 171714201588133227

Fixed Assets

Gross Block2100000000
Accumulated Depreciation1100000000
Net Fixed Assets1000000000
CWIP 0000000000
Investments 9781196261513
Inventories1111111111
Trade Receivables0000000000
Cash Equivalents 00000021119
Others Assets6857514555
Total Assets 171714201588133227

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -2-215-501014
PBT 0000001002
Adjustment 330010000-1
Changes in Working Capital -5-505-6-00-003
Tax Paid 0000000000
Cash Flow From Investing Activity 220-5601001
Capex 0101000000
Net Investments 210-5601001
Others 0000000000
Cash Flow From Financing Activity 0000-10009-8
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000-100000
Dividend Paid 0000000000
Others 0000000010-7
Net Cash Flow 0000002010-3
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.431.340.270.11.071.2510.861.86-1.047.63
ROCE (%)0.953.16.241.615.924.8417.064.31.226.63
Asset Turnover Ratio0.010.020.040.030.060.691.580.780.080.23
PAT to CFO Conversion(x)-INF-INFINFINF-INFNAN1NAN-INF2
Working Capital Days
Receivable Days0000000000
Inventory Days2,0881,28170496637654314517536
Payable Days0000000000

Prime Industries Ltd Stock News

Prime Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Prime Industries on 28-Mar-2024 15:09 is ₹242.0.
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 28-Mar-2024 15:09 the market cap of Prime Industries stood at ₹372.7.
The latest P/E ratio of Prime Industries as of 28-Mar-2024 15:09 is 31.43.
The latest P/B ratio of Prime Industries as of 28-Mar-2024 15:09 is 18.01.
The 52-week high of Prime Industries is ₹282.9 and the 52-week low is ₹12.19.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Prime Industries is ₹19.32 ( Cr.) .

About Prime Industries Ltd

Prime Industries (PIL) was incorporated on October 19, 1992 as a public limited company. Formerly known as Prime Proteins, it was promoted by R K Singhania, M L Goyal and Harjeet Singh Aurora. The name of the company was changed to the present one in 1995.

The company was engaged in manufacturing and marketing of Vanaspati. Vanaspati is a blend of refined and hydrogenated edible oil and is an important and popular cooking medium. It supplements and provides fat in the normal diet. PIL also started manufacturing bakery quality Vanaspati and the product has been well-accepted in the market. At the company`s de waxing unit, various oils like sunflower oil, etc, are processed to produce superior-quality refined oil.

As on April 16, 2007, the company informed BSE that it has closed down its manufacturing operations at its factory situated at Village Gobindgarh, On December 4, 2007 the members of the company by way of postal ballot approved the ordinary resolution, to sell, lease or otherwise dispose of the undertaking(s) of the company; namely Vanaspati unit situated at Village Gobindgarh, Malout Road, Abhor (Punjab), with requisite majority.

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