Prevest Denpro Ltd - Stock Valuation and Financial Performance

BSE: 543363 | NSE: | Medical Equipment/Supplies/Accessories | Small Cap

Prevest Denpro Share Price

430.95 -1.40 -0.32%
as on 26-Apr'24 10:19

DeciZen - make an informed investing decision on Prevest Denpro

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Prevest Denpro stock performance -

mw4me loader
P/E Ratio (SA):
31.33
Market Cap:
519 Cr.
52-wk low:
326.5
52-wk high:
607.5

Is Prevest Denpro Ltd an attractive stock to invest in?

1. Is Prevest Denpro Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Prevest Denpro Ltd is a good quality company.

2. Is Prevest Denpro Ltd undervalued or overvalued?

The key valuation ratios of Prevest Denpro Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Prevest Denpro Ltd a good buy now?

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

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.
Prevest Denpro Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 26.6%30.5%35.8%35.5%28.1%23.7%-
Value Creation
Index
0.91.21.61.51.00.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1719.322.828.538.149.954
Sales YoY Gr.-13.6%18.1%25.1%33.8%30.8%-
Adj EPS 2.43.35.689.512.913.8
YoY Gr.-39.5%68.4%43.1%18.3%35.8%-
BVPS (₹) 8.311.717.325.547.660.769.9
Adj Net
Profit
2.12.94.97.111.415.417
Cash Flow from Ops. 2.434.78.8710.7-
Debt/CF from Ops. 0.50.50.40.20.20-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA24%29.9%30.8%
Adj EPS NA40.1%32%35.8%
BVPSNA49%51.9%27.5%
Share Price - - - 29.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
28.833.338.637.428.623.821.1
Op. Profit
Mgn %
1820.122.831.739.939.736.2
Net Profit
Mgn %
12.415.221.724.829.83130.7
Debt to
Equity
0.20.10.10.100-
Working Cap
Days
06974757685190
Cash Conv.
Cycle
01419-4-232173

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 29.85%

Net Profit is growing at healthy rate in last 3 years 31.98%

Sales growth is good in last 4 quarters at 20.25%

Return on Equity has declined versus last 3 years average to 21.10%

Latest Financials - Prevest Denpro Ltd.

Standalone Consolidated
TTM EPS (₹) 13.8 -
TTM Sales (₹ Cr.) 54 -
BVPS (₹.) 69.9 -
Reserves (₹ Cr.) 72 -
P/BV 6.18 -
PE 31.33 -
From the Market
52 Week Low / High (₹) 326.50 / 607.50
All Time Low / High (₹) 170.65 / 607.50
Market Cap (₹ Cr.) 519
Equity (₹ Cr.) 12
Face Value (₹) 10
Industry PE 58.8

Management X-Ray of Prevest Denpro:

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 Prevest Denpro

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales171923283850
Operating Expenses 141518192330
Manufacturing Costs111000
Material Costs56781012
Employee Cost 335345
Other Costs 5558912
Operating Profit 34591520
Operating Profit Margin (%) 17.4%20.1%22.8%31.7%39.9%39.7%
Other Income 102122
Interest 000000
Depreciation 000011
Exceptional Items 000000
Profit Before Tax 34691621
Tax 111245
Profit After Tax 23571216
PAT Margin (%) 12.8%15.5%22.0%25.3%30.4%31.5%
Adjusted EPS (₹)2.53.45.78.29.613.1
Dividend Payout Ratio (%)0%0%0%0%0%8%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 71015225773
Share Capital 00001212
Reserves 71015224561
Minority Interest000000
Debt112110
Long Term Debt112110
Short Term Debt000000
Trade Payables111421
Others Liabilities 223344
Total Liabilities 111521316479

Fixed Assets

Gross Block68891112
Accumulated Depreciation233445
Net Fixed Assets455577
CWIP 0002517
Investments 000011
Inventories001135
Trade Receivables222424
Cash Equivalents 4610164239
Others Assets112245
Total Assets 111521316479

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 2359711
PBT 34691621
Adjustment 1000-1-1
Changes in Working Capital -1-0-11-4-4
Tax Paid -1-1-1-2-4-5
Cash Flow From Investing Activity -1-1-1-2-4-12
Capex -1-1-1-2-5-14
Net Investments 000000
Others 000112
Cash Flow From Financing Activity 000-123-2
Net Proceeds from Shares 0000230
Net Proceeds from Borrowing 00000-1
Interest Paid 000000
Dividend Paid 000000
Others 000000
Net Cash Flow 124626-3
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)29.7234.0239.1338.1329.0724.19
ROCE (%)37.1539.2745.6346.9639.6432.25
Asset Turnover Ratio1.541.491.281.120.830.71
PAT to CFO Conversion(x)1111.290.580.69
Working Capital Days
Receivable Days323736372824
Inventory Days10913152129
Payable Days72646912210544

Prevest Denpro Ltd Stock News

Prevest Denpro Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Prevest Denpro on 26-Apr-2024 10:19 is ₹430.9.
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 10:19 the market cap of Prevest Denpro stood at ₹519.0.
The latest P/E ratio of Prevest Denpro as of 26-Apr-2024 10:19 is 31.33.
The latest P/B ratio of Prevest Denpro as of 26-Apr-2024 10:19 is 6.18.
The 52-week high of Prevest Denpro is ₹607.5 and the 52-week low is ₹326.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Prevest Denpro is ₹53.97 ( Cr.) .

About Prevest Denpro Ltd

The company develops, manufacture and market a comprehensive portfolio of dental materials for diagnosing, treating and preventing dental conditions as well as improving the aesthetics of the human smile. The breadth and depth of its product offerings address majority of the dentists’ clinical needs for consumable dental materials. Its product portfolio covers a wide spectrum of materials for endodontics, prosthodontics, orthodontics, periodontics, restorative dentistry, aesthetic dentistry and laboratory consumables. Its products are sold in the regions of Europe, Asia, South America, Middle East and Africa. Further, as per its diversification plans, the company is currently expanding its existing manufacturing unit by setting up another manufacturing facility for manufacturing new line of products that will include hygiene products (sanitizers and disinfectants), oral hygiene products (mouth washes and mouth rinses), oral care products(medicated ointments, gels and creams for dental treatment) and biomaterials (i.e. bone augmentation materials). The proposed facility will be well-equipped with latest machineries.

Business area of the company

The company manufactures and markets a range of dental materials for diagnosing, treating, and preventing dental conditions and improving the aesthetics of the human smile.

Key events and milestones

  • 1999: Incorporation of the Company.
  • 2000: First Manufacturing unit was established at Digiana, Jammu, J&K.
  • 2011: Second Manufacturing unit was established at Samba, J&K.
  • 2014-15: Crossed Turnover of Rs 10 crore.
  • 2016: Won Sushruta award for Best Dental Manufacture by the Indian Dental Association’s.
  • 2016: Received Certificate for ‘Best Enterprise’ in the field of manufacture of dental materials, India by the Socrates Committee, Oxford, UK.
  • 2017: Shifted manufacturing operations from First Manufacturing Unit to Second Manufacturing unit.
  • 2017: Won “Northern Region Export Excellence Award” - Gold Trophy for outstanding export performance in the category of top exporter J&K - SME by FIEO (2017).
  • 2019-20: Crossed Turnover of Rs 20 crore.
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