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Addi Industries Ltd. Stock Analysis

Small Cap
Evaluated by 115 users | BSE: 507852 | NSE: |
Textile
Addi Industries, formerly known as Addi Krafts was incorporated as a private limited company in 1980. The name of the company was changed to the present one in 1987. The company is engaged in the manufacturing and export of textile-related products namely knitted hosiery garments. The company...

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'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 3.09%4.23%-13.58%-1.78%-3.32%4.8%4.2%1.16%0.3%-3.85%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 2233.712.60.30.70.20.20.20.10.5
Y-o-Y Gr. Rt.-53.2%-62.6%-97.5%112.9%-69.7%-15%-11.8%-20%325%
Adjusted EPS (Rs.) 0.320.45-2.59-0.29-0.590.830.750.210.05-0.66
Y-o-Y Gr. Rt.-40.6%-675.6%NANANA-9.6%-72%-76.2%-1420%
Book Value per Share (Rs.) 17.3217.8615.4617.5316.9317.6818.2718.517.5516.91
Adjusted Net Profit 0.30.5-2.8-0.3-0.60.90.80.20.1-0.7
Net Op. Cash Flow (Rs. Cr.) 2.4-2.26.34.8-0.6-0.7-3-1.5-0.8-0.9
Debt to Cash Flow from Ops 1.39-1.8800000000
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.
Addi Industries Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -34.2%-5%44.2%325%
Adjusted EPS -208.4%NA-195.8%-1420%
Book Value per Share -0.30-2.6-3.7
Share Price 4.1% 9.9% -16.2% -23.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 1.842.53-15.54-1.78-3.44.794.21.160.3-3.85
Operating Profit Margin (%) -1.593.47-18.71-554.5-170.16-573.4-463.92-541.62-715.79-179.5
Net Profit Margin (%) 1.561.43-22.16-100.76-96.11446.09478.81151.549.41-141.36
Debt to Equity 0.180.2100000000
Working Capital Days 1561372736,8875,07518,36520,40921,27727,9096,416
Cash Conversion Cycle 1109115549871322286202146-27
Entity Percentage Holding
Promoters 74.27%
Institutions 0.11%
Non-Institutions 25.63%
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 Addi Industries Ltd.'s performance infers:

Addi Industries Ltd. earnings have grown by 0%, whereas share price has appreciated 9.9% 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.

We analysed the performance of Addi Industries Ltd. share prices over the last 10 years. Here is what we found out:

Addi Industries Ltd. share price has appreciated -0.8% annually over the past ten years.

Addi Industries, formerly known as Addi Krafts was incorporated as a private limited company in 1980. The name of the company was changed to the present one in 1987. The company is engaged in the manufacturing and export of textile-related products namely knitted hosiery garments.

The company has its plants at Noida and Ghaziabad in Uttar Pradesh. It exports its products mainly to USA. Aum Texfab is a wholly-owned subsidiary of the company.

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Addi Industries, formerly known as Addi Krafts was incorporated as a private limited company in 1980. The name of the company was changed to the present one in 1987. The company is engaged in the manufacturing and export of textile-related products namely knitted hosiery garments.

The company has its plants at Noida and Ghaziabad in Uttar Pradesh. It exports its products mainly to USA. Aum Texfab is a wholly-owned subsidiary of the company.

Milestones:

  • 1985 - The Company was incorporated as a private limited company in 1980. It was converted into a public limited company on 25th September. The company has a well equipped manufacturing facility at Ludhiana in Punjab.  The company undertook to set up another factory at NOIDA, about 20 kms from Delhi to meet the increasing demand for its products.  Commercial production commenced on 1st November, 1986.  - Effective from April 10, 1987 the name of the Company was changed to Addi Industries from Addi Krafts. Addi Farms is a wholly owned subsidiary of the company. The company is a manufacturer and exporter of cotton and vellour knitwears and elastics, tapes.  
  •  1987 - The company amalgamated units, the Addi Worsted, commenced on March 1, 1988. - 80,154 No. of equity shares allotted in March 1988 without payment in cash at the members of the amalgamating companies.
  • 1988 - The Company embarked upon an expansion cum diversification programme for increase in installed capacity of its worsted yarn plant setting up of a woollen and knitting plant at NOIDA near New Delhi. - As per Delhi High Court Order dated 18th February, the Companies 3 projects namely Addi Fashions , Addi Worsted, and Addi Woollens, which were at various stages of implementation, were amalgamated with the company. Consequent upon the amalgamation, the holders of equity shares of the amalgamated companies were allotted 30,514 equity shares of Rs. 10 each (Addi Woollens, Addi Worsted, and Addi Fashions, were offered 16,007 shares, 12,507 shares and 2,000 shares respectively).  The amalgamation was effected with a view to diversify its product range.
  •  1989 - The performance in terms of turnover profitability and growth in business was highly satisfactory.
  • 1990 - With the implementation of expansion/diversification projects, the company hoped to realise substantial gains. - The company undertook a cotton spinning project to install 25,536 spindles. 
  •  1991 - The `tow to top' converter plant was installed with a view to improve productivity as well as quality of yarn.  Also, machineries imported for woollen/cotton knitting unit was installed and commercial production therein commenced.  In addition, a dyeing plant with a capacity of 3,500/4,000 kgs. per day was installed for knitted fabric at Sikandrabad.
  •  1992 - Sales declined due to political unrest and economic problems.
  • 1993 - Dyeing Unit at Ghaziabad was commissioned and the Commercial production of the cotton spinning unit was expected to commenced by September 1995. - During February, the company issued 19,55,691-12.5% secured fully convertible debentures of Rs. 102 each on rights basis in the proportion of 80 debentures : 100 equity shares held.  Only 18,83,347 debentures taken up. 
  • 2002- Addi Industries has informed that U K Srivastava has ceased to be Whole-time Director with effect from October 16, 2002 and Hari B Bansal has been appointed as Whole-time Director with effect from November 12, 2002.  
  •  2003 -BSE has imposed a Special Margin of 25% on Addi Industries with effect from  September 11, 2003.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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