Yash Innoventures Ltd - Stock Valuation and Financial Performance

BSE: 523650 | NSE: | Business Support | Small Cap

Yash Innoventures Share Price

25.70 0.00 0.00%
as on 26-Apr'24 16:00

DeciZen - make an informed investing decision on Yash Innoventures

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Yash Innoventures stock performance -

mw4me loader
P/E Ratio (SA):
31.35
Market Cap:
17.3 Cr.
52-wk low:
19.6
52-wk high:
70

Is Yash Innoventures Ltd an attractive stock to invest in?

1. Is Yash Innoventures Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Yash Innoventures Ltd is a below average quality company.

2. Is Yash Innoventures Ltd undervalued or overvalued?

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

3. Is Yash Innoventures Ltd a good buy now?

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

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.
Yash Innoventures 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

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 3.2%3%2.9%2.5%2.4%0.2%0.2%-1.1%0.9%-4%-
Value Creation
Index
-0.8-0.8-0.8-0.8-0.8-1.0-1.0-1.1-0.9-1.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.30.30.30.30.30000.103
Sales YoY Gr.-0%0%0%3.2%-93.8%50%-66.7%600%-85.7%-
Adj EPS 0.20.20.20.20.200-0.10.2-1.20.8
YoY Gr.--4.6%0%-14.3%5.6%-89.5%-50%-1000%NA-690%-
BVPS (₹) 6.877.27.47.67.68.28.120.919.720.9
Adj Net
Profit
0.20.10.10.10.100-0.10.1-0.81
Cash Flow from Ops. 0.20000-0.11.46.5-17.96.4-
Debt/CF from Ops. 0.9-18.716.522.523.7-0.100.1-0.50.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -31.7%-50%-30.7%-85.7%
Adj EPS -220.5%-244.1%-590.5%-690%
BVPS12.6%21.1%34%-5.7%
Share Price 15.8% 22% 52.8% -60.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
3.43.132.52.50.20.2-1.11.4-5.84
Op. Profit
Mgn %
73.27569.85957.3-1288.3-1092.9-2373.9-1530.6-1512328.2
Net Profit
Mgn %
4845.945.139.538.657.927.9-547.8190.5-10752.720
Debt to
Equity
00000000.10.60.3-
Working Cap
Days
3,6173,7213,8894,0634,12468,04647,9152,15,36587,36512,73,485165
Cash Conv.
Cycle
11221746048989627,71910,826-48227,9685,53,027-26

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.00%

Sales growth has been subdued in last 3 years -30.66%

Net Profit has been subdued in last 3 years -590.49%

Sales growth is not so good in last 4 quarters at -25.00%

Latest Financials - Yash Innoventures Ltd.

Standalone Consolidated
TTM EPS (₹) 0.8 -
TTM Sales (₹ Cr.) 2.8 -
BVPS (₹.) 20.9 -
Reserves (₹ Cr.) 7 -
P/BV 1.23 -
PE 31.35 -
From the Market
52 Week Low / High (₹) 19.60 / 70.00
All Time Low / High (₹) 0.20 / 75.00
Market Cap (₹ Cr.) 17.3
Equity (₹ Cr.) 6.7
Face Value (₹) 10
Industry PE 45

Management X-Ray of Yash Innoventures:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Yash Innoventures

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales0.310.310.310.310.320.020.030.010.070.01
Operating Expenses 0.080.080.090.130.140.280.340.271.161.13
Manufacturing Costs0.010.010.01000.04000.010.03
Material Costs00000000-0.28-0.01
Employee Cost 0.010.010.010.020.060.110.120.170.660.75
Other Costs 0.070.060.070.100.070.130.210.100.760.36
Operating Profit 0.230.230.220.190.19-0.26-0.31-0.26-1.09-1.12
Operating Profit Margin (%) 73.2%75.0%69.8%59.0%57.3%-1,288.3%-1,092.9%-2,373.9%-1,530.6%-15,123.0%
Other Income 000000.310.880.2612.440.36
Interest 0000000000
Depreciation 0.040.040.040.030.030.030.030.030.030.04
Exceptional Items 0000000000
Profit Before Tax 0.190.190.180.150.150.020.54-0.0411.32-0.79
Tax 0.040.050.040.030.0300.130.022.740
Profit After Tax 0.150.140.140.120.120.010.41-0.068.59-0.80
PAT Margin (%) 48.0%45.9%45.0%39.5%38.6%57.9%1,444.3%-547.0%12,113.0%-10,752.7%
Adjusted EPS (₹)0.20.20.20.20.20.00.6-0.112.8-1.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 4.564.694.834.965.085.095.505.4414.0313.23
Share Capital 6.726.726.726.726.726.726.726.726.726.72
Reserves -2.17-2.03-1.89-1.77-1.64-1.63-1.22-1.287.316.51
Minority Interest0000000000
Debt0.180.140.140.140.180.0100.538.684.36
Long Term Debt0.180.140.140000000
Short Term Debt0000.140.180.0100.538.684.36
Trade Payables0000.070.070.080.110.440.130.12
Others Liabilities 0.130.130.130.030.030.10-0.086.313.4110.73
Total Liabilities 4.874.965.105.205.365.295.5312.7226.2428.44

Fixed Assets

Gross Block2.282.282.280.840.842.292.080.850.500.57
Accumulated Depreciation0.550.600.630.300.310.740.710.180.190.20
Net Fixed Assets1.741.691.650.540.521.551.370.670.310.37
CWIP 0000000000
Investments 0001.081.060010.980.96
Inventories0000000010.8710.88
Trade Receivables0.080.290.500.691.351.710000.68
Cash Equivalents 0.010.010.020.020.030.020.471.650.420.01
Others Assets3.032.972.932.872.402.013.699.4113.6615.55
Total Assets 4.874.965.105.205.365.295.5312.7226.2428.44

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.21-0.010.010.010.01-0.131.386.51-17.856.37
PBT 0.190.190.180.150.150.020.54-0.0411.32-0.79
Adjustment 0.040.040.040.030.030.03-0.540.03-12.050.04
Changes in Working Capital 0.02-0.2-0.17-0.18-0.18-0.151.426.65-14.477.14
Tax Paid -0.04-0.04-0.0400-0.03-0.03-0.13-2.66-0.02
Cash Flow From Investing Activity -0.20000000.71-0.3212.42-2.46
Capex -0.20000000.71-0.3212.43-0.07
Net Investments 00000000-0.010
Others 000000000-2.39
Cash Flow From Financing Activity 000000.13-1.65-5.024.20-4.32
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 000000.13-1.65-5.024.20-4.32
Net Cash Flow 0.01-0.010.010.010.0100.451.18-1.23-0.41
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)3.373.12.972.532.490.237.69-1.1188.24-5.84
ROCE (%)4.124.073.7332.910.3110.13-0.6579.01-3.95
Asset Turnover Ratio0.070.060.060.060.0600.01000
PAT to CFO Conversion(x)1.4-0.070.070.080.08-133.37N/A-2.08N/A
Working Capital Days
Receivable Days1122174606941,15200000
Inventory Days0000000000
Payable Days00000000-372-3,326

Yash Innoventures Ltd Stock News

Yash Innoventures Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Yash Innoventures on 26-Apr-2024 16:00 is ₹25.70.
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 26-Apr-2024 16:00 the market cap of Yash Innoventures stood at ₹17.27.
The latest P/E ratio of Yash Innoventures as of 26-Apr-2024 16:00 is 31.35.
The latest P/B ratio of Yash Innoventures as of 26-Apr-2024 16:00 is 1.23.
The 52-week high of Yash Innoventures is ₹70.00 and the 52-week low is ₹19.60.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Yash Innoventures is ₹2.75 ( Cr.) .

About Yash Innoventures Ltd

Redex Protech is promoted by R D Bhagat and V D Bhagat. The company is engaged in fire extinguisher equipment industry.

The company has gone for partly backward integration and partly for expansion to manufacture dry chemical powder foam and hose pipes. The production of DCP, foam and hose pipes will be marketed primarily in the domestic market

The entity is also assessing the possibility of entering into an agreement for technical collaboration with the US-based manufacturers of high-quality DCP. It has also started manufacturing electronic control panels used in various systems like fire detection systems, hydrant systems, HV and MV spray systems and will be marketing them in the domestic market.

Redex Protech has opened additional marketing offices in Delhi and has a resident representative in Mumbai. Also, it proposes to open offices in Himachal Pradesh and UP. The company has shifted its manufacturing operations from GIDC Vatwa to Khoda village from February 1994.

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