Balasore Alloys Ltd Stock Analysis

BSE: 513142 | NSE: ISPATALLOY | Ferro & Silica Manganese | Small Cap

BSE Share Price 13-Dec-2021 18:01
6.29 0.00 (0.00%)

DeciZen - Make an Informed Decision on Balasore Alloys

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Balasore Alloys Price Chart

P/E Ratio ( SA) :
0.00
Market Cap :
58.7 Cr.
52-wk low :
6
52-wk high :
6.6
Bole Toh?

1. Is Balasore Alloys Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Balasore Alloys Ltd is a average quality company.

2. Is Balasore Alloys Ltd undervalued or overvalued?

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

3. Is Balasore Alloys Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Balasore Alloys 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 Balasore Alloys:

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.
Balasore Alloys Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
ROCE % 4.1%5.2%5.7%4.5%6.6%6.9%4.2%9.4%8.9%4.1%-
Value Creation Index -0.7-0.6-0.6-0.7-0.5-0.5-0.7-0.3-0.4-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4156395916867838488381,0121,2101,258767
YoY Gr. Rt. %-53.9%-7.6%16.2%14.1%8.3%-1.2%20.8%19.6%3.9%-
Adj EPS 0.84.35.13.48.47.32.98.27.31.6-11.6
YoY Gr. Rt. %-458.4%17.7%-33%146.9%-13.3%-60.7%188.4%-10.7%-78.1%-
BVPS (₹) 37.640.74548.955.454.952.7100.7103.199.60
Adj Net Profit 4.927.632.521.853.851.520.273.168.515-108
Cash Flow from Ops. 84.192.899.31159565.96389.513982.7-
Debt/CF from Ops. 2.82.21.52.73.11.82.12.41.32.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.1%10%14.5%3.9%
Adj EPS 8.5%-28.1%-17.3%-78.1%
BVPS 11.512.523.6-3.3
Share Price -7.9% -38.9% -24.3% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
Return on Equity % 0.82.83.42.35.85.72.38.27.31.6-23.3
Op. Profit Mgn % 11.515.918.114.217.213.610.117.712.47.7-9.4
Net Profit Mgn % 1.24.35.53.26.96.12.47.25.71.2-14.1
Debt to Equity 10.80.510.80.30.30.20.20.20
Working Cap Days 204132143173211165148185196195330
Cash Conv. Cycle -25-5-4-9-38-45-46-53-33-340

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 14.50%

Return on Equity is Poor

Sales growth is not so good in last 4 quarters at -39.58%

Latest Financials - Balasore Alloys Ltd.

Standalone Consolidated
TTM EPS (₹) -11.6 -11.7
TTM Sales (₹ Cr.) 767 767
BVPS (₹.) 0 0
Reserves (₹ Cr.) 773 771
P/BV 0.00 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 5.97 / 6.59
All Time Low / High (₹) 0.40 / 99.90
Market Cap (₹ Cr.) 58.7
Equity (₹ Cr.) 46.7
Face Value (₹) 5
Industry PE 4.5

Management X-Ray of Balasore Alloys :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *44.7344.7344.7344.7344.7344.7344.7344.7344.7341.28
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Balasore Alloys

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Balasore Alloys Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing 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 13-Dec-2021 18:01 the market cap of Balasore Alloys stood at ₹ 58.70.
The latest PE ratio of Balasore Alloys as of 13-Dec-2021 18:01 is 0.00.
The latest PB ratio of Balasore Alloys as of 13-Dec-2021 18:01 is 0.00
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 ₹ 767.5 ( Cr.) .

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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