X

Shah Foods Ltd. Stock Analysis

Small Cap
Evaluated by 140 users | BSE: 519031 | NSE: |
Consumer Food
Shah Foods was incorporated in the year 1982 and is engaged in the food processing business. Plaskon and Ind Asia Fund Advisors are its associate companies. Shah Foods manufactures and sells biscuits in India. The company is based in Ahmedabad, India.It is an ISO: 22000-2005 certified company...

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'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 23.64%1.95%2.59%0.44%4.37%11.92%13.86%26.67%8.46%5.3%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 2.22.42.72.43.74.85.25.45.55.5
Y-o-Y Gr. Rt.-10.5%12.4%-10.7%53.1%29.8%7.3%4.3%1.5%1.1%
Adjusted EPS (Rs.) 4.410.370.530.040.692.523.458.473.11.96
Y-o-Y Gr. Rt.--91.6%43.2%-92.5%1625%265.2%36.9%145.5%-63.4%-36.8%
Book Value per Share (Rs.) 20.3520.6621.1921.2321.9224.1627.6136.9537.838.55
Adjusted Net Profit 0.300000.20.20.50.20.1
Net Op. Cash Flow (Rs. Cr.) 0.10-0.1-0.10.40.30.5-0.10.7-0.1
Debt to Cash Flow from Ops 00000.160.10.03000
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.
Shah Foods Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 10.9%8.3%2.3%1.1%
Adjusted EPS -8.6%23.2%-17.2%-36.8%
Book Value per Share 7.41211.82
Share Price -13.8% -15.3% -36.6% -57.6%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 23.531.792.530.23.1910.9513.3426.258.285.13
Operating Profit Margin (%) 17.132.583.652.122.865.647.114.75.973.96
Net Profit Margin (%) 12.020.911.160.11.113.123.989.373.372.11
Debt to Equity 00000.050.020.01000
Working Capital Days 909686112795644606972
Cash Conversion Cycle 30535355352421273441
Entity Percentage Holding
Promoters 47.19%
Non-Institutions 52.81%
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.

The 5-year analysis of Shah Foods's performance infers:

Shah Foods earnings have grown by 23.2%, whereas share price has depreciated -15.3% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Shah Foods share prices over the last 10 years. Here is what we found out:

Shah Foods share price has depreciated -12.1% annually over the past ten years.

Shah Foods was incorporated in the year 1982 and is engaged in the food processing business. Plaskon and Ind Asia Fund Advisors are its associate companies. Shah Foods manufactures and sells biscuits in India. The company is based in Ahmedabad, India.

It is an ISO: 22000-2005 certified company and has its manufacturing facility in the Gandhinagar district of Gujarat with an installed capacity of 7,500 MTPA biscuits, mainly for Britannia Industries and also supplements it with trading

Shah Foods was incorporated in the year 1982 and is engaged in the food processing business. Plaskon and Ind Asia Fund Advisors are its associate companies. Shah Foods manufactures and sells biscuits in India. The company is based in Ahmedabad, India.

It is an ISO: 22000-2005 certified company and has its manufacturing facility in the Gandhinagar district of Gujarat with an installed capacity of 7,500 MTPA biscuits, mainly for Britannia Industries and also supplements it with trading activities. It was selected as the best franchisee for having zero foreign body contamination during FY07 and FY08 by its principal customer -- Britannia Industries.

Shah Foods reported unaudited earnings results for the third quarter and nine months ended December 31, 2009. For the quarter, the company reported income from operations of Rs 5.074 million against Rs 3.932 million a year ago. Ordinary profit before interest & depreciation was Rs 0.492 million against ordinary loss before interest & depreciation of Rs 0.379 million a year ago. Profit before tax was Rs 0.401 million against loss before tax of Rs 0.515 million a year ago. Net profit was Rs 0.036 million or Rs 0.06 per basic and diluted per share against net loss of Rs 0.515 million or Rs 0.86 per basic and diluted per share a year ago.

For the nine months, the company reported income from operations of Rs 14.254 million against Rs 17.194 million a year ago. Ordinary profit before interest & depreciation was Rs 2.305 million against ordinary profit before interest & depreciation of Rs 0.228 million a year ago. Profit before tax was Rs 2.016 million against loss before tax of Rs 0.053 million a year ago. Net profit was Rs 1.351 million or Rs 2.26 per basic and diluted per share against net loss of Rs 0.205 million or Rs 0.34 per basic and diluted per share a year ago.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback