Indsil Hydro Power and Manganese Ltd Stock Analysis

BSE: 522165 | NSE: | Ferro & Silica Manganese | Small Cap

BSE Share Price 23-Sep-2022 18:01
49.80 -1.20 (-2.35%)

DeciZen - Make an Informed Decision on Indsil Hydro Power

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

1. Quality

2. Valuation

Fair

3. Price Trend

Indsil Hydro Power Price Chart

P/E Ratio (SA) :
4.34
Market Cap :
138.4 Cr.
52-wk low :
21
52-wk high :
118
Bole Toh?

1. Is Indsil Hydro Power and Manganese Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Indsil Hydro Power and Manganese Ltd is a below average quality company.

2. Is Indsil Hydro Power and Manganese Ltd undervalued or overvalued?

The key valuation ratios of Indsil Hydro Power and Manganese Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Indsil Hydro Power and Manganese Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Indsil Hydro Power and Manganese 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 Indsil Hydro Power:

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.
Indsil Hydro Power and Manganese 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

Jun'12Jun'13Jun'14Jun'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 14.2%3%13.5%12.6%5.1%6.1%10%4.6%-3.3%-1.3%-
Value Creation Index 0.0-0.8-0.0-0.1-0.6-0.6-0.3-0.7-1.2-1.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 56.997.61161118711629322412861215
YoY Gr. Rt. %-71.7%19.2%-4.5%-21.7%32.8%153.1%-23.6%-42.9%-52.2%-
Adj EPS 6.70.57.26.93.21.86.8-0-8.8-6.211.5
YoY Gr. Rt. %--92%1235.2%-4.7%-53.3%-42.7%271.2%-100.6%NANA-
BVPS (₹) 48.247.853.259.982.462.4112.456.948.434.935.2
Adj Net Profit 10.70.911.510.95.12.910.9-0.1-24.4-17.232
Cash Flow from Ops. -0.5-9.39.8-1.1-5.610.6-1.21.3-126.1-
Debt/CF from Ops. -37.4-2.72.4-24.6-8.42.7-113.1101.9-1122.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.8%-6.9%-40.7%-52.2%
Adj EPS -199.1%-214%-196.7%NA
BVPS -3.5-15.8-32.3-27.8
Share Price 6.3% -13.4% 15.8% 121.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Jun'12Jun'13Jun'14Jun'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 14.81.114.312.2437.1-0.1-15.1-13.132.7
Op. Profit Mgn % 19.74.210.29.25.67.88.78.3-2.719.918.9
Net Profit Mgn % 18.80.99.99.85.92.53.7-0.1-19.1-28.114.8
Debt to Equity 0.30.30.30.30.40.30.70.70.91.3-
Working Cap Days 2552252032324373172073635559630
Cash Conv. Cycle 10451235211185891953365590

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 32.70%

Sales growth is good in last 4 quarters at 202.05%

Sales growth has been subdued in last 3 years -40.69%

Net Profit has been subdued in last 3 years -196.72%

Debt to equity has increased versus last 3 years average to 1.25

Latest Financials - Indsil Hydro Power and Manganese Ltd.

Standalone Consolidated
TTM EPS (₹) 11.5 31.2
TTM Sales (₹ Cr.) 215 215
BVPS (₹.) 35.2 21.5
Reserves (₹ Cr.) 70 32
P/BV 1.41 2.32
PE 4.34 1.60
From the Market
52 Week Low / High (₹) 21.00 / 118.00
All Time Low / High (₹) 1.26 / 226.85
Market Cap (₹ Cr.) 138
Equity (₹ Cr.) 27.8
Face Value (₹) 10
Industry PE 3.5

Management X-Ray of Indsil Hydro Power :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *40.2340.2340.2340.2340.2379.9374.2674.2674.2674.26
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Indsil Hydro Power

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

News

About Indsil Hydro Power and Manganese Ltd

Indsil Hydro Power and Manganese Ltd., formerly the Indsil Electrosmelts Ltd , an Indsil Group of company was incorporated as a public limited company under the Companies Act 1956 on August 30, 1990.The company changed its name to the present in January 2009.

The company is engaged in the generation of electricity from its captive hydro electric power plant in Kerala, India. The company also involves in ferro alloy smelting. It offers low carbon silico manganese primarily to steel and stainless steel manufacturers in India; and mild steel ingots.The company operates a 21 MW hydro electric power plant.

Indsil Group of Companies is manufacturing ferro alloys, calcium carbide. They have two manufacturing units one in Kerala South India and other one in Raipur Chattisgar North India. Both the plants are backed up by hydel and thermal power plants. The ferro alloy plants are producing the products like low carbon silico manganese, low carbon ferro manganese, high carbon silico manganese, and high carbon ferro manganese and calcium carbide.

Indsil, with business interests in speciality alloys and power generation is a fast growing group with well integrated manufacturing plants and a well diversified geographical base. The group's revenues are currently around Rs.2500 million / annum.

Indsil Electrosmelts Limited and its group companies have signed a 50:50 Joint venture agreement with Good Earth group based at Nagpur on March 7, 2008,  to jointly operate an already acquired manganese ore mine in Indonesia.

The mine is spread across an extent of 5000 hectares and has rich resources of high grade manganese ore and is estimated that the manganese ore resources in this mine would be around 3 million tons of medium and high grade variety.  Detailed geological surveys are being conducted for the purpose of accurate assessment.  Estimated production from this mine is around 300,000 tonnes per annum.

The joint venture company is forming a 100% subsidiary in Indonesia to operate the acquired manganese ore mine.  Manganese ore would primarily be sold to the group companies for captive usage and surplus material would be marketed across the globe.

Business area of the company includes:

  • Low Carbon Silico Manganese
  • High Carbon Silico Manganese
  • Hydro power generation

Achievements/ recognition:

  • Continuous recepient of export award from Government of India
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