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Aanchal Ispat Ltd Stock Analysis

Small Cap
Evaluated by 133 users | BSE: 538812 | NSE: |
Castings/Forgings
Aanchal Ispat was incorporated as ‘Vinita Projects Private Limited’ a private limited company under the Companies Act, 1956 pursuant to Certificate of Incorporation dated January 30, 1996 issued by the Registrar of Companies, West Bengal. The name of the company was changed to...

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 6.75%7.51%6.37%6.96%5.26%6.88%5.44%4.71%6.62%-4.1%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 130154144190191227279385353170
Y-o-Y Gr. Rt.-17.8%-6.4%32.3%0.2%18.9%23.2%37.7%-8.2%-51.7%
Adjusted EPS (Rs.) 0.050.390.460.590.190.490.590.661.41-3.97
Y-o-Y Gr. Rt.-680%18%28.3%-67.8%157.9%20.4%11.9%113.6%-381.6%
Book Value per Share (Rs.) 8.8616.8217.2717.8618.819.2819.8720.5621.9417.97
Adjusted Net Profit 00.50.60.80.411.21.43-8.3
Net Op. Cash Flow (Rs. Cr.) -5-12.5-0.1-0.9-5.64.7-5.24.93-16.9
Debt to Cash Flow from Ops -3.54-1.66-374.72-31.27-4.195.77-7.498.0915.27-3.66
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.
Aanchal Ispat Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 3%-2.2%-15.2%-51.7%
Adjusted EPS -262.6%-283.7%-288.8%-381.6%
Book Value per Share 8.2-0.9-3.3-18.1
Share Price - 0.2% -31.3% -19.7%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 0.593.382.723.341.242.562.462.264.68-13.74
Operating Profit Margin (%) 1.972.613.032.792.592.582.241.882.93-2.45
Net Profit Margin (%) 0.030.310.410.40.20.450.440.360.84-4.85
Debt to Equity 2.3511.171.230.60.680.950.930.991.65
Working Capital Days 131142146114131132126105118224
Cash Conversion Cycle 446285738994856571161
Entity Percentage Holding
Promoters 65.14%
Non-Institutions 34.86%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Aanchal Ispat Ltd's performance infers:

Aanchal Ispat Ltd earnings have declined by -283.7%, whereas share price has appreciated 0.2% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

Data is not available for this company

Aanchal Ispat was incorporated as ‘Vinita Projects Private Limited’ a private limited company under the Companies Act, 1956 pursuant to Certificate of Incorporation dated January 30, 1996 issued by the Registrar of Companies, West Bengal. The name of the company was changed to ‘Aanchal Ispat Private Limited’ pursuant to fresh certificate of incorporation consequent upon change of name dated November 29, 2012, issued by the Registrar of Companies, West

Aanchal Ispat was incorporated as ‘Vinita Projects Private Limited’ a private limited company under the Companies Act, 1956 pursuant to Certificate of Incorporation dated January 30, 1996 issued by the Registrar of Companies, West Bengal. The name of the company was changed to ‘Aanchal Ispat Private Limited’ pursuant to fresh certificate of incorporation consequent upon change of name dated November 29, 2012, issued by the Registrar of Companies, West Bengal. The company was converted into a public limited company under the Companies Act and the name of the company was changed to ‘Aanchal Ispat Limited’ pursuant to certificate of incorporation consequent upon conversion to public limited company dated August 21, 2014, issued by the Registrar of Companies, West Bengal.

Currently, the company is having two manufacturing facilities, one for TMT Re-bars and other for Structural Re-bars. The company is having an installed capacity of 21000 TPA for TMT Re-bars and 24000 TPA for Structural Re-Bars. The company is also engaged in the trading of the products like Mild Steel Billets, Cement & Clinker and TMT & Structural Re-Bars.

Business area of the company

The company is engaged in manufacturing of Mild Steel TMT Re-bars, Structural Re-bars, Round and other Sectional products as per orders. Its products are broadly categorized as the Re-bars in the Steel Industry. The main applications of the products currently being manufactured are used in the Infrastructure and Construction Industry. The company’s existing manufacturing unit is ISO 9001:2008 certified from BSCIC Quality Management Systems. The products that the company manufactures conform to ISI Standard. Necessary license has been obtained from BIS being license No. CM/L 5525566 for IS:1786 and CM/L 5489992 for IS:2062.

History

  • Initially, the company set up a manually operated Rolling Mill to manufacture Mild Steel Re-bars, Viz Ribbed, Round, Flat and square Re-bars of various size ranging from 5.5mm to 20mm dia.
  • In the year 2004, the company added one more vertical to its manufacturing process to manufacture Structural Re-bars viz: Angle, Channels etc, by setting up an additional unit to manufacture structurals within the same compound.
  • In the year 2006, the company converted its manufacturing division into a Semi-Automatic Rolling Mill and added 2 continuous Mill Stands with DC Drive and TMT processing Unit.
  • In the financial year 2010, the company’s current Promoters took over the management of the company.
  • In the year 2012 the company launched its products under the brand name of 'RELICON' and also started its new vertical of Trading of Long Products.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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