Photoquip (India) Ltd Stock Analysis

BSE: 526588 | NSE: | Photographic Products | Small Cap

BSE Share Price Jan 25, 18:01
15.60 0.70 (4.70%)

DeciZen - Make an Informed Decision on Photoquip India

M-Cap below 100cr DeciZen not available

FAQ's

1. Is Photoquip (India) Ltd a good quality company?

Data is not available for this company.

2. Is Photoquip (India) Ltd undervalued or overvalued?

The key valuation ratios of Photoquip (India) Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Photoquip (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Photoquip (India) Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Photoquip India:

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

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 14%1.7%-0.2%-6.7%-7.9%-1.5%1.3%-1.5%-6.6%-8.1%-
Value Creation Index -0-0.9-1.0-1.5-1.6-1.1-0.9-1.1-1.5-1.6-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 82.377.691.410160.347.742.83827.411.412
YoY Gr. Rt. %--5.7%17.8%10.6%-40.3%-21%-10.2%-11.4%-27.9%-58.6%-
Adj EPS 9.10.1-3.4-8.5-9-3.8-1.8-3-6-6.5-4.1
YoY Gr. Rt. %--99.3%-5683.3%NANANANANANANA-
BVPS (₹) 67.560.456.151.247.643.44239.233.62928.7
Adj Net Profit 4.40-1.6-4.1-4.3-1.8-0.9-1.5-2.9-3.1-2
Cash Flow from Ops. -3.40.110.4-0.1-33.12.42.71.8-1.1-
Debt/CF from Ops. -2.42091.1-127.8-4.53.74.43.85.6-10.8-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -19.8%-28.4%-35.8%-58.6%
Adj EPS -196.4%NANANA
BVPS -8.9-9.4-11.6-13.6
Share Price -9.1% -6.6% -17.7% 73.3%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 14.40.1-5.2-14.7-17.6-8.4-4.2-7.5-16.6-20.7-14.3
Op. Profit Mgn % 9.31.91.8-2.4-5.7-0.72.23.3-2.5-25.3-18.6
Net Profit Mgn % 5.30-1.8-4-7.2-3.9-2-3.9-10.6-27.4-16.9
Debt to Equity 0.30.60.40.50.60.60.50.50.60.80.4
Working Cap Days 157198153123196230236239300533233
Cash Conv. Cycle 11184382-11-5-110229

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.81

Return on Equity is Poor

Sales growth has been subdued in last 3 years -35.77%

Sales growth is not so good in last 4 quarters at -4.14%

Latest Financials - Photoquip (India) Ltd.

Standalone Consolidated
TTM EPS (₹) -4.1 -
TTM Sales (₹ Cr.) 11.7 -
BVPS (₹.) 28.7 -
Reserves (₹ Cr.) 9 -
P/BV 0.54 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 6.80 / 17.72
All Time Low / High (₹) 1.50 / 58.90
Market Cap (₹ Cr.) 7.5
Equity (₹ Cr.) 4.8
Face Value (₹) 10
Industry PE 44.6

Management X-Ray of Photoquip India :

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

Analyst's Notes

News

About Photoquip (India) Ltd

In the early years, when processing and printing of photographs was done manually, studio lighting was done with tungsten bulbs, which gave very good results. But, with the advent of photo finishing machines, problems arose as photographs started developing casts due to the tungsten lamp. The problem encouraged the founder of the company J. P. Soni to learn quickly the technology for manufacturing studio flash systems. And in 1976, with the singular aim to equip every photographer & studio with state-of-art equipment at most affordable prices, he formed Photoquip - the professional studio system lab. Later in 1984, Photoquip collaborated with Elinchrom - the world’s leading studio flash system manufacturer - with a view to export studio flash systems to Switzerland.

A decade after its formation, Photoquip felt the need to grow at a quicker pace, and the company went public with Photoquip India Ltd. The company's unique position and strength enabled them to get sole distribution rights to the Italian giants Manfrotto, Gitzo (France) for lighting supports, camera tripods/heads and accessories and Nissin (Japan) for flashguns.  Photoquip, over the decades, has been understanding and catering to the needs of the photographic fraternity, and has dedicatedly ensured that every photo studio is equipped with the best equipment that meets the most stringent requirements. In 1998, Photoquip realised the customer's need in the market for a good, affordable, easy-to-use and world-class quality cameras, and hence diversified from professional products into the consumer market. Thus KLIK, which was registered by the company decades ago, was re-launched, and it established itself as a popular brand within a very short period. The camera was targeted at families wanting to click away at social gatherings without much fuss. The range launched as the middle class budget camera, became a runaway hit.  In 2001, Photoquip launched into a vigorous R&D campaign for unearthing the digital solution for Gretag Masterlabs, considering the huge market potential for a cost effective digital machine. And after four years of untiring research, Photoquip now proudly introduces Digital Combo - a complete digital upgrade for Gretag Masterlab 740.  Photoquip intends to continue offering the Indian customer the benefits of all the latest world-class technology, packaged in its quality products, at the most competitive and affordable prices. In future, Photoquip aims to bridge the gap in technology and keep delivering in all sincerity, the photographic fraternity and even the fun loving photo enthusiast, with the best products at the best prices.

Product range of the company includes:

Lights

  • Mono Lights
  • Power Packs
  • Special Effect Lights

Accessories

  • Soft Boxes
  • Reflectors and Grid
  • Snoot with Grid
  • Barndoor Set 21
  • Mini Spot
  • Umbrellas
  • Stands  

Lab

  • Digital Combo
  • Digital Eco
  • Digital Infinity

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