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Balasore Alloys Ltd (ISPATALLOY)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513142 NSE: ISPATALLOY Ferro & Silica Manganese | Small Cap | Balasore Alloys Share Price

₹6.29 0.00 (0.00%)

As on 13-Dec'21 18:01

Balasore Alloys Ltd (ISPATALLOY)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513142 NSE: ISPATALLOY Ferro & Silica Manganese | Small Cap | Balasore Alloys Share Price

₹6.29 0.00 (0.00%)

As on 13-Dec'21 18:01

Key Metrics
Valuation Multiples
Market Cap
₹59 Cr.
Current Price
₹6.3
52-Week Low / High
₹6 / 7
TTM EPS
₹-6.2
TTM Sales
₹102 Cr.
Book Value per Share
₹78.2
P/E Ratio
0.00
Industry PE
13.4
Price to Book (P/B)
0.08
Price to Sales (P/S)
0.57
EV/EBITDA
-19.86
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
9.30%
Return on Capital Employed (ROCE)
9.52%
Return on Assets (ROA)
3.07%
Operating Profit Margin
12%
Net Profit Margin
5.55%
Gross Profit Margin
12.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-13.48%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
61.44%
Pledged shares (%) of Promoter's holding (%)
41.24%
Reserves
₹683 Cr.
Equity
₹46.7 Cr.
Face Value
₹5
All Time Low / High
₹0.40 / 99.90

Balasore Alloys stock performance

Key Ratios
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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)

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 ⓘ

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ12.5%20.8%13.6%1%-9.3%-1.6%-4.1%-14.7%-9.5%9.8%-
Value Creation
Index ⓘ
-0.10.50.0-0.9-1.7-1.1-1.3-2.1-1.7NA-

Growth Parameters ⓘ

Sales ⓘ8381,0121,2101,2587671001023821,123971102
Sales YoY Gr.-20.8%19.6%3.9%-39%-87%2%273.6%194.3%-13.5%-
Adj EPS ⓘ2.98.27.31.6-9.6-4.3-6.1-10.8-4.77.2-6.2
YoY Gr.-188.4%-10.7%-78.1%-698.1%NANANANANA-
BVPS (₹) ⓘ52.7100.7103.199.687.884.378.460.255.461.381.8
Adj Net
Profit ⓘ
20.273.168.515-89.9-40.4-56.4-101-44.267.2-58
Cash Flow from Ops. ⓘ6389.513982.744-917.2-28935.563.1-
Debt/CF from Ops. ⓘ2.12.41.32.24.5-22.711.7-216.29.5-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ1.7%4.8%111.9%-13.5%
Adj EPS ⓘ10.9%NANANA
BVPSⓘ1.7%-6.9%-7.8%10.7%
Share Price -13.9% -0.7% - -

Key Financial Parameters ⓘ

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ
2.38.27.31.6-10.3-5-7.4-15.6-8.212.3-8.7
Op. Profit
Mgn % ⓘ
10.117.712.47.7-8.57.8-20-12.3-9.412-7.3
Net Profit
Mgn % ⓘ
2.47.25.71.2-11.7-40.4-55.3-26.4-3.96.9-56.9
Debt to
Equity ⓘ
0.30.20.20.20.20.30.311.11.11
Working Cap
Days ⓘ
1481851961953102,4372,460714252276100
Cash Conv.
Cycle ⓘ
-46-53-33-34-35-855651564516-4

Valuation of Balasore Alloys - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *41.2841.2841.2841.2841.2841.2841.2841.2841.2841.24
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales837.971,011.811,210.341,261.44767.46100.17102.12381.561,122.90971.48
Operating Expenses ⓘ + 756.03832.731,091.421,192.87839.9393.41125.05432.021,245.63873.61
Manufacturing Costs313.63349.22408.12423.69344.2570.667.45118.83307.16324.04
Material Costs271.91287.83453.41550.59331.89-58.6765.65230.08789.04386.71
Employee Cost 56.776370.3865.2555.1938.026.9022.4442.5855.92
Other Costs ⓘ 113.73132.67159.50153.34108.6143.4045.0560.66106.85106.95
Operating Profit ⓘ 81.94179.09118.9368.57-72.476.77-22.93-50.46-122.7397.86
Operating Profit Margin (%) 9.8%17.7%9.8%5.4%-9.4%6.8%-22.5%-13.2%-10.9%10.1%
Other Income ⓘ + 6.7722.1660.7112.1423.135.8110.1219.7777.2239.21
Exceptional Items ⓘ 00-26.62-36.84-20.2200-97.5600
Interest ⓘ 31.5139.3446.1644.2049.5937.7627.1071.9623.3114.90
Depreciation ⓘ 22.2627.0930.3132.0730.2928.6226.3024.3123.0625.95
Profit Before Tax ⓘ 34.93134.8276.54-32.40-149.43-53.81-66.22-224.51-91.8896.23
Tax ⓘ 16.3051.2142.50-3.66-40.41-13.08-8.03-53.09-82.6142.32
Profit After Tax 18.6383.6134.04-28.75-109.02-40.72-58.18-171.43-9.2753.91
PAT Margin (%) 2.2%8.3%2.8%-2.3%-14.2%-40.7%-57.0%-44.9%-0.8%5.6%
Adjusted EPS (₹)2.49.43.7-3.1-11.7-4.4-6.2-18.4-1.05.8
Dividend Payout Ratio (%)25.40%8%20.60%-13%0%0%0%0%0%0%
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 887.72925.07960.50928.83818.04785.13729.45559.91551.75607.86
Share Capital ⓘ 40.9644.4546.6646.6646.6646.6646.6646.6646.6646.66
Reserves ⓘ 846.76880.63913.84882.17771.38738.47682.79513.25505.08561.19
Debt +112.54183.76172.01172.13194.18200.31200.27577.20575.67600.01
Long Term Debt19.0610.105.281.710.3000531.03538.51552.77
Short Term Debt93.48173.66166.73170.42193.87200.31200.2746.1737.1747.24
Minority Interest0000000000
Trade Payables256.36291.78266.32344.14229.45185.05189.70279.73231.03268.06
Others Liabilities ⓘ 169.84270.51300.04289.03449.01566.73525.22406.76375.06306.81
Total Liabilities ⓘ 1,426.461,671.131,698.871,734.131,690.681,737.221,644.631,823.591,733.511,782.74

Fixed Assets

Net Fixed Assets ⓘ +879.85846.02863.88867.43901.97873.55847.06823.12818.13811.75
Gross Block1,451.111,354.601,397.681,433.011,497.831,498.031,497.601,497.971,515.461,531.10
Accumulated Depreciation571.26508.58533.80565.58595.86624.48650.54674.85697.34719.35
CWIP ⓘ 90.2594.27119.93133.52117.03117.48117.48117.48125.37154.77
Investments ⓘ 12.1616.6317.5217.6117.6317.1316.1816.1816.1816.18
Inventories132.75203.12192.24174.48150.74277.59256.48286.11259.03271.72
Trade Receivables24.5839.8552.3951.0556.1453.3088.50133.6877.1670.93
Cash Equivalents 15.1026.0833.5628.7235.2010.226.5030.4821.495.05
Others Assets ⓘ 271.77445.15419.34461.31411.97387.94312.44416.54416.15452.33
Total Assets ⓘ 1,426.461,671.131,698.871,734.131,690.681,737.221,644.631,823.591,733.511,782.74
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + 62.8989.57110.4982.7744.02-8.9217.26-288.8835.5662.13
PBT ⓘ 34.93134.8276.54-32.40-148.82-53.81-66.22-224.51-91.8896.23
Adjustment ⓘ 50.89-5.52115.23126.6593.79-51.9763.83177.7923.6539.31
Changes in Working Capital ⓘ -5.25-33.36-52.12-9.55100.6799.7720.8-241.1108.65-61.11
Tax Paid ⓘ -17.68-6.37-29.16-1.92-1.61-2.90-1.16-1.06-4.86-12.29
Cash Flow From Investing Activity ⓘ + -66.85-118.22-35.89-57.27-47.3726.025.753.02-25.40-60.22
Capex -68.92-106.47-49.01-54.06-42.362.99-0.365.11-8.71-19.80
Net Investments -0.10-18.654.01-5.29-8.8323.925.76-3.05-11.78-18.96
Others ⓘ 2.176.899.122.083.83-0.880.350.96-4.91-21.46
Cash Flow From Financing Activity ⓘ + 7.9429.53-65.86-35.980.96-18.85-22.09307-30.90-4.82
Net Proceeds from Shares ⓘ 13.60000000000
Net Proceeds from Borrowing ⓘ -18.763.06-27.02-6.62-5.33-0.16-0.67528.8600
Interest Paid ⓘ -26.25-23.85-30.15-26.05-15.72-25.13-21.37-67.76-21.63-14.90
Dividend Paid ⓘ -4.96-4.54-8.99-7-1.4400000
Others ⓘ 44.3054.850.303.6923.456.44-0.05-154.10-9.2710.07
Net Cash Flow ⓘ 3.980.888.75-10.48-2.38-1.750.9221.13-20.74-2.91
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)4.5412.393.61-3.04-12.48-5.08-7.68-26.59-1.679.3
ROCE (%)12.2920.3110.71.05-9.41-1.6-4.07-14.75-6.069.52
Asset Turnover Ratio0.630.670.730.730.450.060.060.220.630.55
PAT to CFO Conversion(x)3.381.073.25N/AN/AN/AN/AN/AN/A1.15
Working Capital Days
Receivable Days7.9011.3013.701525.50199.40253.40106.3034.3027.80
Inventory Days54.1058.8058.7053.1077.30780.40954.50259.5088.6099.70
Payable Days268.40319224.60202.30315.40-1,289.401,041.70372.30118.10235.50

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Balasore Alloys Ltd FAQs

The current trading price of Balasore Alloys on 13-Dec-2021 18:01 is ₹6.29.

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 12-Dec-2021 the market cap of Balasore Alloys stood at ₹58.70 Cr

The latest P/E ratio of Balasore Alloys as of 12-Dec-2021 is 0.00.

The latest P/B ratio of Balasore Alloys as of 12-Dec-2021 is 0.08.

The 52-week high of Balasore Alloys is ₹6.59 and the 52-week low is ₹5.97.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Balasore Alloys is ₹102 ( Cr.) .

Data is not available for this company.

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

No data found

About Balasore Alloys Ltd

Balasore Alloys was incorporated in the year 1984 at Balasore, Orissa. It was formerly Ispat Alloys and is part of the renowned Ispat group of companies which is a major business house in the country, promoted by the Mittals. The group’s companies are spread across six countries including Libya, Bosnia, Philippines, Azerbaijan and Uzbekistan.

Currently it operates 5 furnaces with total capacity of 57 MVA to produce 95,000 MT bulk ferro alloys per annum. With multiple furnaces of different capacities, the company has the flexibility to produce different types of ferro alloys as per market dynamics.

The company has captive mines in different locations like chromite ore mines in Sukinda Valley at Jajpur Road (Orissa), Manganese Ore Mines in Hathoda (Madhya Pradesh).

The other associate companies of Balasore Alloys are Ispat Industries, Ispat Metallics India, Ispat Profiles India, Gontermann Peipers India, etc.

Business area of the company:

  • Balasore alloys is one of the largest ferro alloys producer and suppliers in India.

The company is also exporting its products since 1991-92 and continues to supply to countries like Japan, China, Taiwan, Korea, USA, Canada, Brazil, Mexico etc. Its export base has increased from 4 countries in 1991-92 to 12 countries in 2007-08 to 26 countries in 2008.

Award/recognition:

Balasore Alloys has received ISO-9002, ISO-14001 certification for its plant and ISO-9002 for its mines in Jajpur, Orissa. It follows various modern management initiatives such as six sigma, TPM, supply chain management and performance management systems for improvement of overall efficiency of the company.

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