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Rohit Ferro-Tech Ltd Stock Analysis

Small Cap
Evaluated by 161 users | BSE: 532731 | NSE: ROHITFERRO |
Steel & Iron Products
Rohit Ferro-Tech was incorporated on April 7, 2000 as Rohit Ferro-Tech Private Limited under the Companies Act, 1956. The company subsequently became a public company under the name of Rohit Ferro-Tech Limited with effect from 24th June 2004.The company belongs to Impex Group having interest...

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'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 9.53%8.99%8.51%-3.77%-8.41%-13.13%-16.09%-16.65%-11.7%-27.75%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 1,1671,6772,2592,4861,8751,430660713893738
Y-o-Y Gr. Rt.-43.8%34.7%10.1%-24.6%-23.7%-53.8%8.1%25.1%-17.3%
Adjusted EPS (Rs.) 7.366.25.33-17.88-30.35-42.2-29.52-29.7-18.6-26.79
Y-o-Y Gr. Rt.--15.8%-14%-435.5%NANANANANANA
Book Value per Share (Rs.) 71.1672.0870.9750.9419.74-22.78-52.36-82.15-106.64-166.37
Adjusted Net Profit 40.749.860.7-203-345-480-336-338-212-305
Net Op. Cash Flow (Rs. Cr.) -43.2-140-33.1-288-1381.8371249-63.411.4
Debt to Cash Flow from Ops -16.5-7.7-40.19-6.63-16.341,486.876.8710.41-40.65225.53
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.
Rohit Ferro-Tech Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -5%-17%3.8%-17.3%
Adjusted EPS -215.4%NANANA
Book Value per Share -209.9-253.200
Share Price -23.7% -4% -3.2% 725.6%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 11.6610.258.75-29.34-85.872776.3478.5844.1519.7119.63
Operating Profit Margin (%) 11.4411.6311.03-1.64-6.83-15.61-49.5-35.72-11.36-11.83
Net Profit Margin (%) 3.492.972.69-8.18-18.41-33.57-50.88-47.35-23.71-41.29
Debt to Equity 1.811.861.653.2910.01-10.19-4.28-2.77-2.12-1.36
Working Capital Days 184203229244322420750541320244
Cash Conversion Cycle 909310912718126046429415638
Entity Percentage Holding
Promoters 72.00%
Non-Institutions 28.00%
Pledged *100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Rohit Ferro-Tech Ltd's performance infers:

Rohit Ferro-Tech Ltd earnings have grown by 0%, whereas share price has depreciated -4% 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 Rohit Ferro-Tech Ltd share prices over the last 10 years. Here is what we found out:

Rohit Ferro-Tech Ltd share price has depreciated -23.3% annually over the past ten years.

Rohit Ferro-Tech was incorporated on April 7, 2000 as Rohit Ferro-Tech Private Limited under the Companies Act, 1956. The company subsequently became a public company under the name of Rohit Ferro-Tech Limited with effect from 24th June 2004.

The company belongs to Impex Group having interest in Ferro Alloys. Suresh Kumar Patni, Chairman cum Managing Director, has promoted the company, and is well known in the eastern region ferro alloys industry.

The company was promoted with the

Rohit Ferro-Tech was incorporated on April 7, 2000 as Rohit Ferro-Tech Private Limited under the Companies Act, 1956. The company subsequently became a public company under the name of Rohit Ferro-Tech Limited with effect from 24th June 2004.

The company belongs to Impex Group having interest in Ferro Alloys. Suresh Kumar Patni, Chairman cum Managing Director, has promoted the company, and is well known in the eastern region ferro alloys industry.

The company was promoted with the intention to set up a Ferro Alloy Plant. The company has carved a niche for itself as a leading producer of High Carbon Ferro Chrome. The company has also got ISO 9001:2000 certifications assuring high standard quality adherence for its products.

A well-differentiated player in the Ferro Alloy manufacturing sector, Rohit Ferro-Tech operates with a vision that inspires, and a business strategy that sustains. An active player in both domestic and international markets, RFTL’s product mix is aimed at catering to the high demand globally as well as maximizing on returns.

RFTL had started it’s operations in October’03 with a Ferro Alloy plant comprising of Two 9 MVA Submerged Arc Furnaces to produce High Carbon Ferro Chrome at Bishnupur in the state of West Bengal. RFTL has added one by one more three furnaces in this Bishnupur unit, and presently this unit is operating Five 9 MVA furnaces to produce 70,000 TPA of Ferro Alloys comprising of High Carbon Ferro Chrome , Silico Manganese and Ferro Manganese.

In 2006, RFTL started operation of another unit in Orissa with four 16.5 MVA Submerged Arc Furnaces at Kalinganagar Industrial Complex, Jajpur to produce 110,000 TPA of Ferro Alloys comprising of High Carbon Ferro Chrome, Silico Manganese & Ferro Manganese. Currently, RFTL is setting up another unit in Haldia, West Bengal to produce 100,000 TPA of ferro manganese/ Silico Manganese by installing Six 9 MVA Submerged Arc Furnaces. It has also planning to add another 50,000 TPA capacity in Orissa by setting up a 33 MVA furnace alongwith a 110 MW Captive Power Plant in Jajpur, Orissa.

Product range of the company:

  • Ferro Alloys produced by the company are as per international / Indian Standard Specifications and used to manufacture mild steel, alloy steel and stainless steel.
  • High Carbon
  • Ferro Chrome (H.C.FeCr)
  • Ferro Manganese (FeMn)
  • Silico Manganese (SiMn) through Submerged Arc Furnace (SAF) route.

Milestones:

  • April 2000 -Incorporation of the company
  • August 2003- IFAPA membership
  • October 2003 -Commercial production of first 2 furnaces
  • June 2004 -Converted into a public limited company
  • August 2004- Accredited ISO 9001:2000 Certificate
  • January 2005 -Awarded One Star Export House Status
  • April 2005- Commercial production of 3rd furnace
  • May 2005 -ICDA Membership
  • 2010 - Commercial Production of Company's new 100% EOU at Haldia started the production from the second furnace.
  • 2011 - Commercial Production for the third and fourth furnace of Company's 100% EOU at Haldia started

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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