1. Is Aanchal Ispat Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Aanchal Ispat Ltd is a below average quality company.
2. Is Aanchal Ispat Ltd undervalued or overvalued?
The key valuation ratios of Aanchal Ispat Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
3. Is Aanchal Ispat Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Aanchal Ispat Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||6.4%||7%||5.3%||6.9%||5.4%||4.7%||6.6%||-4.1%||-0.6%||0.9%||-|
|Value Creation Index ⓘ||-0.6||-0.5||-0.6||-0.5||-0.6||-0.7||-0.5||-1.3||-1.0||-0.9||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||32.3%||0.2%||18.9%||23.2%||37.7%||-8.2%||-51.7%||-29%||40.5%||-|
|Adj EPS ⓘ||0.5||0.6||0.2||0.5||0.6||0.7||1.4||-4||-2.6||-1.7||-2.1|
|YoY Gr. Rt. %||-||28.3%||-67.8%||157.9%||20.4%||11.9%||113.6%||-381.6%||NA||NA||-|
|BVPS (₹) ⓘ||17.3||17.9||18.8||19.3||19.9||20.6||21.9||18||15.4||13.7||12.4|
|Adj Net Profit ⓘ||0.6||0.8||0.4||1||1.2||1.4||3||-8.3||-5.4||-3.5||-4|
|Cash Flow from Ops. ⓘ||-0.1||-0.9||-5.6||4.7||-5.2||4.9||3||-16.9||-4.5||3.3||-|
|Debt/CF from Ops. ⓘ||-374.7||-31.3||-4.2||5.8||-7.5||8.1||15.3||-3.7||-15.6||23.4||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-215.6%||-223.4%||-206.2%||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||2.7||3.3||1.2||2.6||2.5||2.3||4.7||-13.7||-10.1||-7.3||-16.4|
|Op. Profit Mgn % ⓘ||3||2.8||2.6||2.6||2.2||1.9||2.9||-2.5||-1.9||-1.8||-1.1|
|Net Profit Mgn % ⓘ||0.4||0.4||0.2||0.5||0.4||0.4||0.8||-4.9||-4.5||-2.1||-2.4|
|Debt to Equity ⓘ||1.2||1.2||0.6||0.7||1||0.9||1||1.7||2.2||2.7||-|
|Working Cap Days ⓘ||146||114||131||132||126||105||118||223||310||225||0|
|Cash Conv. Cycle ⓘ||85||73||89||94||85||65||71||162||266||193||0|
Sales growth is good in last 4 quarters at 29.28%
Return on Equity is Poor
Sales growth has been subdued in last 3 years 0.00%
Debt to equity has increased versus last 3 years average to 2.73
|TTM EPS (₹)||-2.1||-|
|TTM Sales (₹ Cr.)||183||-|
|BVPS (₹.) ⓘ||12.4||-|
|Reserves (₹ Cr.) ⓘ||5||-|
|From the Market|
|52 Week Low / High (₹)||10.05 / 28.55|
|All Time Low / High (₹)||3.55 / 28.55|
|Market Cap (₹ Cr.)||35|
|Equity (₹ Cr.)||20.9|
|Face Value (₹)||10|
|Industry PE ⓘ||10.7|
Aanchal Ispat was incorporated as â€˜Vinita Projects Private Limitedâ€™ 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 â€˜Aanchal Ispat Private Limitedâ€™ 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 â€˜Aanchal Ispat Limitedâ€™ 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 companyâ€™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.