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Ferro Alloys Corporation Ltd (FERROALLOY)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500141 NSE: FERROALLOY Ferro & Silica Manganese | Small Cap | Ferro Alloys Corp. Share Price

₹0.92 0.00 (0.00%)

As on 06-Mar'20 18:01

Ferro Alloys Corporation Ltd (FERROALLOY)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500141 NSE: FERROALLOY Ferro & Silica Manganese | Small Cap | Ferro Alloys Corp. Share Price

₹0.92 0.00 (0.00%)

As on 06-Mar'20 18:01

Key Metrics
Valuation Multiples
Market Cap
₹17 Cr.
Current Price
₹0.9
52-Week Low / High
₹1 / 1
TTM EPS
₹13.7
TTM Sales
₹833 Cr.
Book Value per Share
₹11.8
P/E Ratio
0.07
Industry PE
15.9
Price to Book (P/B)
0.08
Price to Sales (P/S)
0.02
EV/EBITDA
0.07
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
8.12%
Return on Capital Employed (ROCE)
8.00%
Return on Assets (ROA)
4.32%
Operating Profit Margin
17.3%
Net Profit Margin
8.14%
Gross Profit Margin
17.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
17.67%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
416.62%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
72.83%
Pledged shares (%) of Promoter's holding (%)
29.64%
Reserves
₹200 Cr.
Equity
₹18.5 Cr.
Face Value
₹1
All Time Low / High
₹0.92 / 125.00

Ferro Alloys Corporation 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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 18.1%30.1%20.4%-2.3%-182.8%53.4%11.6%5.2%0.7%8%-
Value Creation
Index
0.31.20.5-1.2-14.12.8-0.2-0.6-1.0NA-

Growth Parameters

Sales 6115395754595038337788199341,099833
Sales YoY Gr.--11.8%6.7%-20.3%9.7%65.5%-6.6%5.3%14%17.7%-
Adj EPS 1.121.4-0.4-5.87.590.6-0.42.413.7
YoY Gr.-77.9%-29.4%-129.6%NANA20.7%-93.2%-162.3%NA-
BVPS (₹) 7.910.812.31211.118.531.231.831.233.611.8
Adj Net
Profit
20.937.326.3-7.8-19625330620.9-12.982.8253
Cash Flow from Ops. 0.549.9596.6-1,166240308189145301-
Debt/CF from Ops. 216.20.80.76.2-0.20.50.41.43.42.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 6.7%16.9%12.2%17.7%
Adj EPS 8.9%NA-35.3%NA
BVPS17.5%24.8%2.6%7.9%
Share Price -16.9% - - -

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
10.521.512.3-3.5-65.650.336.22-1.27.560.2
Op. Profit
Mgn %
99.39.2-1.511.735.219.313.2417.3-0.1
Net Profit
Mgn %
3.46.94.6-1.7-3930.439.32.5-1.47.530.4
Debt to
Equity
0.80.20.20.20.50.20.10.20.50.5-
Working Cap
Days
88104819521322921015815210856
Cash Conv.
Cycle
13292742193-17-170-1322

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales611.44539.08575.38458.89503.30832.90778.34819.33933.821,098.86
Operating Expenses + 556.50489.18522.22465.94444.57539.37629.39711.71897.05908.90
Manufacturing Costs238.40253.36237.84237.24221.11320.15264.09339.92392.91476.09
Material Costs253.77172.77215.36188.34172.88172.63270.63259.97379.29299.99
Employee Cost 39.4740.7737.8933.5328.2734.2845.9558.1258.4464.80
Other Costs 24.8622.2731.136.8322.3112.3148.7253.7066.4168.02
Operating Profit 54.9449.9053.16-7.0558.73293.53148.95107.6236.77189.96
Operating Profit Margin (%) 9.0%9.3%9.2%-1.5%11.7%35.2%19.1%13.1%3.9%17.3%
Other Income + 5.665.714.736.3533.4067.7023.8911.6420.6514.09
Exceptional Items 024.88-0.150-847.25-0.32-18.020.250-1.91
Interest 16.029.869.284.90-5.8915.1617.9135.3415.0612.15
Depreciation 6.635.755.785.433.537.4343.6154.7647.3469.99
Profit Before Tax 37.9564.8842.68-11.03-752.76338.3293.3029.41-4.98120
Tax 15.989.3914.62-4.2636.3284.99-198.798.441.1530.57
Profit After Tax 21.9755.4828.06-6.77-789.08253.33292.0920.97-6.1389.43
PAT Margin (%) 3.6%10.3%4.9%-1.5%-156.0%30.4%37.5%2.6%-0.7%8.1%
Adjusted EPS (₹)1.23.01.5-0.4-23.27.58.60.6-0.22.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Ferro Alloys Corp. - Standalone

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!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 145.97200.90228.33221.51377.48628.941,059.581,079.541,059.841,143.33
Share Capital 18.5318.5318.5318.53343434343434
Reserves 127.45182.37209.80202.98343.48594.941,025.581,045.541,025.841,109.33
Debt +110.4339.3140.9323.38128.3572.5356.37263.58486.45315.68
Long Term Debt18.3216.1916.870128.3572.5322.031253000
Short Term Debt92.1223.1224.0523.380034.34138.58186.45315.68
Minority Interest0000000000
Trade Payables75.6042.9221.8924.2238.1439.60195.10126.4179.74121.06
Others Liabilities 52.6449.7575.6280.07116.93202.0920.20-1.5776.52859
Total Liabilities 384.65332.87366.76349.18660.90943.161,331.251,467.961,702.552,439.07

Fixed Assets

Net Fixed Assets +194.50177.12171.01165.16160.80197.71799.04978.92977.54952.58
Gross Block201.70190.45190.59190.83189.32232.501,053.981,286.981,332.261,377.06
Accumulated Depreciation7.2013.3319.5925.6728.5234.79254.94308.06354.72424.48
CWIP 9.5876.996.968.5548.35210.1354.46222.821,130.10
Investments 0.330.2964.600.150.200.470.3912.9213.197.02
Inventories77.7473.6762.3658.2849.6577.45113.86100.0270.9077.30
Trade Receivables55.858.5113.9915.212.132.4728.0541.653.593.04
Cash Equivalents 5.0614.314.3457.3924.40119.6022.0228.99102.9882.71
Others Assets 41.6051.9943.4846.03415.17497.11157.76251311.53186.32
Total Assets 384.65332.87366.76349.18660.90943.161,331.251,467.961,702.552,439.07

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 0.5149.8558.956.57-1,165.56240.40307.95189.05144.54300.81
PBT 37.9564.8842.68-11.03-752.76338.3293.2929.42-4.98120
Adjustment 22.5015.391510.31-29.46-33.7959.6887.6551.94102.93
Changes in Working Capital -54.2510.1310.828.52-382.69-37.58163.2371.2460.5378.98
Tax Paid -5.32-15.67-9.70-1.23-0.65-26.55-8.250.7437.05-1.10
Cash Flow From Investing Activity + -6.5139.36-64.0964.5326.13-76.11-266.19-213.80-288.45-358.38
Capex -7.2538.51-0.38-0.12-3.28-84.39-262.11-212.26-225.81-394.70
Net Investments 0.01-0.04-64.3464.4100-0.08-4.43-69.7733.22
Others 0.740.890.630.2429.418.28-42.897.133.10
Cash Flow From Financing Activity + 8.10-79.94-4.80-18.051,102.29-74.70-45.9125.72148.4063.80
Net Proceeds from Shares 000015.4700000
Net Proceeds from Borrowing 24.25-71.941.62-17.55166.65-61.68-34.16102.971750
Interest Paid -16.15-8-6.42-0.50-6.75-13.02-11.75-33.68-17.22-13.97
Dividend Paid 0000000000
Others 0-000926.92-00-43.57-9.3877.77
Net Cash Flow 2.119.27-9.9453.05-37.1489.59-4.150.974.496.23

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)10.9731.9913.07-3.01-263.4750.3434.61.96-0.578.12
ROCE (%)18.1330.0520.4-2.31-182.853.3611.565.160.78
Asset Turnover Ratio1.511.521.641.2811.040.680.590.590.53
PAT to CFO Conversion(x)0.020.92.1N/AN/A0.951.059.02N/A3.36
Working Capital Days
Receivable Days20.1021.507.1011.606.3017.2015.508.801.10
Inventory Days41.8050.7043.104839.1027.9044.9047.6033.4024.60
Payable Days107125.2054.9044.7065.8082.20158.30225.7099.20122.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *50.3943.1944.4729.6429.6429.6429.6429.6429.6429.64
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ferro Alloys Corporation Ltd FAQs

The current trading price of Ferro Alloys Corp. on 06-Mar-2020 18:01 is ₹0.92.

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 05-Mar-2020 the market cap of Ferro Alloys Corp. stood at ₹17.04 Cr

The latest P/E ratio of Ferro Alloys Corp. as of 05-Mar-2020 is 0.07.

The latest P/B ratio of Ferro Alloys Corp. as of 05-Mar-2020 is 0.08.

The 52-week high of Ferro Alloys Corp. is ₹0.92 and the 52-week low is ₹0.92.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ferro Alloys Corp. is ₹833 ( Cr.) .

Data is not available for this company.

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

No data found

About Ferro Alloys Corporation Ltd

Ferro Alloys Corporation, popularly known as FACOR Group, was founded by Shri Durgaprasadji Saraf in 1956. Today it is one of the India's largest and most established producers and exporters of High Carbon Ferro Chrome/Charge Chrome worldwide, an essential ingredient for the manufacture of steel and stainless steel.

The group that started its journey with a Ferro Manganese Plant in Shreeramnagar, Andhra Pradesh to produce Ferro Manganese, diversified into various types of Ferro Alloys. Further, it established a large Chrome Ore mining complex at Bhadrak in Orissa followed by the first Charge Chrome plant. FACOR also diversified into alloys and steel production in Nagpur, Maharashtra.

It exports to several countries like Korea, Japan, Italy, Netherlands, USA, Turkey, China and Taiwan. Today, FACOR stands synonymous to a name, which employs experience, resources and technical know-how, not only in technology but in quality as well.

Post trifurcation of the Facor group into 3 independent entities in 2004 under a demerger scheme, FACOR has the capacity to produce 65,000 TPA of Charge Chrome / Ferro Chrome  and 2,50,000 TPA of Chrome Ore at its plant in Orissa.

It has also established a mining complex at Bhadrak in Orissa for the mining of Chrome Ore, the main raw material for the production of Charge Chrome/ Ferro Chrome. Stringent quality control for both raw materials and finished products is maintained.

FACOR has been accredited with ISO 9001:2000 standard, which coupled with other control measures adopted by the company, enables it to maintain its world wide status as a producer of quality products.

Along with strengthening its industrial activities, which include marketing, production and technology development, FACOR continuously strives towards creating new products of high technology.

Products:

 

  • High Carbon Ferro Chrome
  • Charge Chrome

Group Companies:

 

  • Facor Realty and Infrastructure
  • Facor Power
  • Facor Alloys
  • Facor Steel

Milestones:

  • 1956 - Ferro Alloys Corporation (FACOR) formed and India's first modernized Ferro Manganese Plant set up and commissioned in Shreeram Nagar.
  • 1968 - FACOR expands and sets up a Ferro Chrome Plant. FACOR expands in Orissa simultaneously and start mining Chrome Ore.
  • 1978 - FACOR promotes Vidharba Iron & Steel (VISCO) in Nagpur to produce Specialty Steel Products.
  • 1981 - FACOR sets up India's first 16 MVA totally indigenous plant in Shreeram Nagar.
  • 1983 - Asia's first and largest single 45 MVA furnance set up at the company's Charge Chrome Plant in Orissa.
  • 1987 - FACOR diversifies into chemicals and sets up Indian Maize and Chemicals.
  • 1989 - FACOR installs 50 MW diesel power plant, the first of its kind on land with five 10 MW DG sets supplied by MAN B&W, Germany.
  • 2004 - FACOR is trifurcated to three Public Limited Companies: a)Ferro Alloys,  Corporation, (b)  FACOR Alloys and (c) FACOR Steel.
  • 2005 - Facor Power incorporated to undertake business of generation of electricity.
  • 2007 - Facor Realty And Infrastructure incorporated for foray in Real Estate Business.

Future plan:

The company plans to:

  • Increase export duly on chrome ore to Rs 5,000 per ton from the present Rs 2,000.
  • Allocate for better evaluation of mineral reserves and stepping up research and development activities.
  • Provide special status for the ferro alloy industry with priority for raw material movement.
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