Amanaya Ventures Ltd - Stock Valuation and Financial Performance

BSE: 543804 | NSE: | Trading | Small Cap

Amanaya Ventures Share Price

21.88 0.65 3.06%
as on 28-Mar'24 16:01

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Amanaya Ventures stock performance -

mw4me loader
P/E Ratio (SA):
104.75
Market Cap:
8.2 Cr.
52-wk low:
11.3
52-wk high:
28.4

Is Amanaya Ventures Ltd an attractive stock to invest in?

1. Is Amanaya Ventures Ltd a good quality company?

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

2. Is Amanaya Ventures Ltd undervalued or overvalued?

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

3. Is Amanaya Ventures Ltd a good buy now?

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

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.
Amanaya Ventures 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'20Mar'21Mar'22Mar'23TTM
ROCE % 0.1%0.7%4.2%2.3%-
Value Creation
Index
-1.0-1.0-0.7-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4.46.213.311.111
Sales YoY Gr.-39.7%114.1%-16.3%-
Adj EPS 00.10.30.20.2
YoY Gr.-400%540%-34.4%-
BVPS (₹) 88.18.213.213.2
Adj Net
Profit
000.10.10
Cash Flow from Ops. -0.5-0.10.4-1.2-
Debt/CF from Ops. 000.1-0-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA35.8%-16.3%
Adj EPS NANA175.9%-34.4%
BVPSNANA18%60.3%
Share Price - - - 68.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0.10.642.31.6
Op. Profit
Mgn %
-0.20.411.1NAN
Net Profit
Mgn %
00.20.60.70.7
Debt to
Equity
0000-
Working Cap
Days
07833570
Cash Conv.
Cycle
06930520

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 35.78%

Net Profit is growing at healthy rate in last 3 years 175.89%

Return on Equity has declined versus last 3 years average to 1.60%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Amanaya Ventures Ltd.

Standalone Consolidated
TTM EPS (₹) 0.2 -
TTM Sales (₹ Cr.) 11.1 -
BVPS (₹.) 13.2 -
Reserves (₹ Cr.) 1 -
P/BV 1.66 -
PE 104.75 -
From the Market
52 Week Low / High (₹) 11.25 / 28.38
All Time Low / High (₹) 11.25 / 28.38
Market Cap (₹ Cr.) 8.2
Equity (₹ Cr.) 3.7
Face Value (₹) 10
Industry PE 76.7

Management X-Ray of Amanaya Ventures:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Amanaya Ventures

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23
Sales4.436.1913.2511.09
Operating Expenses 4.436.1613.1210.97
Manufacturing Costs0000.01
Material Costs4.245.9112.9510.75
Employee Cost 0.060.050.030.04
Other Costs 0.130.200.140.18
Operating Profit -0.010.020.120.12
Operating Profit Margin (%) -0.2%0.3%0.9%1.1%
Other Income 0.030.020.010.01
Interest 000.010
Depreciation 0.020.020.030.03
Exceptional Items 0000
Profit Before Tax 00.020.100.11
Tax 000.030.03
Profit After Tax 00.010.070.08
PAT Margin (%) 0.0%0.2%0.6%0.7%
Adjusted EPS (₹)0.00.10.30.2
Dividend Payout Ratio (%)0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 1.851.861.964.93
Share Capital 0.970.972.383.74
Reserves 0.880.89-0.421.19
Minority Interest0000
Debt000.050.03
Long Term Debt000.050.03
Short Term Debt0000
Trade Payables0000
Others Liabilities -0.06-0.11-0.080.06
Total Liabilities 1.791.751.925.02

Fixed Assets

Gross Block0.140.150.190.20
Accumulated Depreciation0.050.070.040.07
Net Fixed Assets0.080.070.150.13
CWIP 0000
Investments 0000
Inventories1.101.130.962.17
Trade Receivables0.070.030.030.03
Cash Equivalents 0.410.340.712.48
Others Assets0.120.170.090.22
Total Assets 1.791.751.925.02

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.50-0.070.38-1.19
PBT 00.020.100.11
Adjustment -0.010.010.020.03
Changes in Working Capital -0.49-0.090.26-1.3
Tax Paid 000-0.02
Cash Flow From Investing Activity 0.020.01-0.10-0.01
Capex -0.02-0.01-0.10-0.01
Net Investments 0000
Others 0.040.0200
Cash Flow From Financing Activity 000.092.97
Net Proceeds from Shares 000.032.99
Net Proceeds from Borrowing 000.05-0.02
Interest Paid 00-0.010
Dividend Paid 0000
Others 000.010
Net Cash Flow -0.48-0.070.361.77
PARTICULARSMar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.070.63.842.27
ROCE (%)0.280.995.423.15
Asset Turnover Ratio2.473.497.213.2
PAT to CFO Conversion(x)-INF-75.43-14.88
Working Capital Days
Receivable Days6311
Inventory Days91662951
Payable Days0000

Amanaya Ventures Ltd Stock News

Amanaya Ventures Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Amanaya Ventures on 28-Mar-2024 16:01 is ₹21.88.
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 28-Mar-2024 16:01 the market cap of Amanaya Ventures stood at ₹8.18.
The latest P/E ratio of Amanaya Ventures as of 28-Mar-2024 16:01 is 104.8.
The latest P/B ratio of Amanaya Ventures as of 28-Mar-2024 16:01 is 1.66.
The 52-week high of Amanaya Ventures is ₹28.38 and the 52-week low is ₹11.25.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Amanaya Ventures is ₹11.09 ( Cr.) .

About Amanaya Ventures Ltd

Amanaya Ventures was originally incorporated as Amanaya Financial Services Private Limited on February 27, 2009 under the Companies Act, 1956 vide certificate of incorporation issued by the Deputy Registrar of Companies, Punjab, Himachal Pradesh, and Chandigarh. Subsequently the name of the company was changed from “Amanaya Financial Services Private Limited” to “Amanaya Ventures Private Limited” under the Companies Act, 2013 pursuant to a special resolution passed by its shareholders at the Extraordinary General Meeting held on September 14, 2015 and had obtained fresh certificate of incorporation dated September 16, 2015 issued by the Assistant Registrar of Companies, Chandigarh. Subsequently, the company was converted into a Public Limited Company pursuant to Special Resolution passed by the shareholders at the Extraordinary General Meeting dated October 09, 2015 and the name of the company was changed to “Amanaya Ventures Limited” to reflect the legal status of the company pursuant to conversion, a fresh certificate of incorporation was granted by the Assistant Registrar of Companies, Chandigarh dated October 15, 2015.

The company has completed its amalgamation with its associate company i.e. Midland Services Limited in the F.Y. 2019-20. The amalgamation of the Midland Services Limited into the company inter-alia resulted in the alignment of businesses of the Midland Services Limited and the company as both the Companies were in the same line of business thereby resulted in rationalization and standardization of the business processes, economies of scale, reduction in overheads, administrative, managerial and other expenditure, organizational efficiency, and optimal utilization of resources which was beneficial for all members and other stakeholders.

It provides significant impetus to the growth in the form of optimum utilization of various recourses with reduction in overheads, administrative costs, managerial and other expenditure, provide holistic services, appropriate channelization of synergies, direct operational efficiencies and consolidated revenue and profitability.

The company was formed with the objective of promoting SPOT buying and selling of Gold across India. It bullion traders, specializing in bars and coins of various sizes and weights of Gold and Silver and offer wholesale delivery of bullion to domestic users i.e. ornament manufacturers, goldsmiths, jewellers and semi wholesalers as well as individual customs. The company is a member of “Indian Bullion and Jewellers Association Ltd” and “Federation of Indian Export Organisations”.

The company also offers the Aurel Gold Purchase Plan for its retail customers in order to enable them to purchase physical gold in the smaller quantities in transparent, convenient and cost effective manner. The company has developed its brand name “Aurel Bullion” over the years that provides it with the advantage of the customers relying on the quality of the product. All of its gold jewellery is hallmarked by BIS except gold jewellery weighing less than two grams which is not required to be hallmarked.

It deals in the products which are of international standards in terms of purity. One of its strengths is that it practices fair dealings in its transactions and provide quality products. This has enabled it to get repeat orders from its existing customers and attract new customers. Its quality products enable it to get better margins on the products traded by it and develop long term relations.

Business area of the company

The company is engaged in bullion trading i.e. trading of 24K Gold & Silver Bars and Coins.

Businesses of the company

  • Bullion Trading
  • Gold Purchase Plan (GPP)
  • Financial Consulting and Advisory
  • Become A Bullion Trader

History and milestones

  • 2009: Incorporated under Companies Act, 1956 as “Amanaya Financial Services Private Limited”
  • 2015: Name of the company was changed from “Amanaya Financial Services Private Limited” to “Amanaya Ventures Private Limited”
  • 2015: Converted company to Public Limited from Private Limited
  • 2018: The company as strategic investor who became Promoter Acquirer made an Offer(Delisting Offer/Offer), to the public shareholders of the Company- Midland Services Limited (Public Shareholders) holding fully paid up Equity Shares of the Company, seeking to acquire 1,757,055 Equity Shares, representing 54.91% of fully paid-up equity share capital and voting capital of the Company, held by the Public Shareholders to delist the Equity Shares of the Company from Metropolitan Stock Exchange Of India Limited (MSEI) in accordance with the SEBI Delisting Regulations. The equity shares of Midland Services Limited were successfully delisted from MSEI w.e.f. October 18, 2018 and as confirmed by MSEI via its letter dated October 8, 2018.
  • 2020: Scheme of Amalgamation of Midland Services Limited with the company pursuant to Sections 230 to 232 of the Companies Act, 2013 alongwith the Rule 15 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, as arnended, under a scheme of arrangement and amalgamation which was approved by the National Company Law Tribunal, Chandigarh by its order dated March 17, 2020.
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