Is Carnation Industries a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Carnation Industries Ltd is a average quality company .

Is Carnation Industries undervalued or overvalued?

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

What is Carnation Industries share price return in the past 10 years?

Carnation Industries Ltd share price has declined -6.2% annually (CAGR) over the past ten years.

Is Carnation Industries a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Carnation Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Carnation Industries?

The latest standalone P/E ratio of Carnation Industries as of 11-Nov-2024 is 0.00.

What is the P/B ratio of Carnation Industries?

The latest standalone P/B ratio of Carnation Industries as of 11-Nov-2024 is -1.67.

What is the 52-week high and low of Carnation Industries?

The 52-week high of Carnation Industries is Rs. 14.05 and the 52-week low is Rs. 5.97.

Carnation Industries Ltd - Stock Valuation and Financial Performance

Name: Carnation Industries
Brand: Carnation Industries

BSE: 530609 | NSE: | Castings/Forgings | Small Cap

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Carnation Inds Share Price

₹14.05 0.00 0.00%
as on 11-Nov'24 16:59

DeciZen - make an informed investing decision on Carnation Inds

Based on:

Data

M-Cap below 100cr DeciZen not available

Carnation Industries stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

0.00

Market Cap:

4.9 Cr.

52-wk low:

52-wk high:

14.1

Is Carnation Industries Ltd an attractive stock to invest in?

10 Year X-Ray of Carnation Inds: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	17.8%	16.7%	16.1%	10.3%	-5.3%	-9.1%	8.4%	-32.9%	32.1%	0%	-
Value Creation Index ⓘ	0.3	0.2	0.2	-0.3	-1.4	-1.7	-0.4	NA	NA	NA	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	97.2	96.6	98.4	81.7	50.1	6.9	7.6	0	0	0	0
Sales YoY Gr.	-	-0.6%	1.9%	-17%	-38.7%	-86.2%	9.7%	-100%	NA	NA	-
Adj EPS ⓘ	5	-0.6	4.8	1.6	-18.4	-18	-35	-6	-2.2	-2.7	-1.4
YoY Gr.	-	-111.3%	NA	-66.3%	-1251.3%	NA	NA	NA	NA	NA	-
BVPS (₹) ⓘ	43.7	47.1	53	53.7	34.4	21.2	21.4	-1.3	-3.5	-7	-8.4
Adj Net Profit ⓘ	1.7	-0.2	1.6	0.6	-6.4	-6.2	-12.1	-2.1	-0.8	-0.9	0
Cash Flow from Ops. ⓘ	5.9	5.8	2.9	8.5	5.4	4.9	4.6	-3.8	-7.8	0	-
Debt/CF from Ops. ⓘ	5.7	6	12.5	4	6	5.6	0.3	-0.4	-0.2	-42.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-100%	-100%	-100%	NA
Adj EPS ⓘ	-193.4%	NA	NA	NA
BVPSⓘ	-181.6%	-172.7%	-168.9%	NA
Share Price	-6.2%	25.7%	34.2%	78.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	12.2	-1.2	9.5	3	-41.8	-64.9	-164.2	-59.6	91.7	51.3	18.6
Op. Profit Mgn % ⓘ	9.3	7.6	8.9	4.3	-9.4	-72.6	-205.1	0	0	0	NAN
Net Profit Mgn % ⓘ	1.8	-0.2	1.7	0.7	-12.7	-90.1	-159.2	0	0	0	-INF
Debt to Equity ⓘ	2.2	2.1	2	1.8	2.7	3.8	0.2	-3.4	-1.3	-0.7	-
Working Cap Days ⓘ	261	269	269	325	476	2,533	1,648	0	0	0	0
Cash Conv. Cycle ⓘ	60	83	91	132	195	1,324	673	0	0	0	0

Recent Performance Summary

Latest Financials - Carnation Industries Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-1.4	-
TTM Sales (₹ Cr.)	0	-
BVPS (₹.) ⓘ	-8.4	-
Reserves (₹ Cr.) ⓘ	-6	-
P/BV ⓘ	-1.67	-
PE ⓘ	0.00	-

From the Market
52 Week Low / High (₹)	5.97 / 14.05
All Time Low / High (₹)	3.25 / 78.00
Market Cap (₹ Cr.)	4.9
Equity (₹ Cr.)	3.5
Face Value (₹)	10
Industry PE ⓘ	41

Quarterly Results

Standalone Basis

Consolidated Basis

	Mar'24	YoY Gr. Rt. %	Jun'24	YoY Gr. Rt. %	Sep'24	YoY Gr. Rt. %	Dec'24	YoY Gr. Rt. %
Sales (₹ Cr.)ⓘ	37,599	4.4	38,506	2.9	41,473	12	45,129	19.1
Adj EPS (₹) ⓘ	6.6	24.3	6.3	-10.6	7.2	69.6	16.4	270.2
Op. Profit Mgn % ⓘ	51.50	-42 bps	51.18	-117 bps	52.68	0	54.50	222 bps
Net Profit Mgn % ⓘ	7.86	-221 bps	8.55	-32 bps	8.87	183 bps	20.37	1440 bps

Management X-Ray of Carnation Inds:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Carnation Inds

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Carnation Inds

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Peer Comparison

Company Name	CMP(₹)	Change ₹(%)	Market Cap	Net Sales (₹ Cr.)	Latest EPS (₹)	Net Profit Margin %	Latest P/E	Latest P/BV
Kirloskar Ferrous	471	-7.9 (-1.6%)	Small Cap	6,134	15.5	5.9	30.3	2.3
Alicon Castalloy	694.4	31.4 (4.7%)	Small Cap	1,392	25.5	3.3	27.3	2.1
Nelcast	94.5	2.5 (2.8%)	Small Cap	1,267	3.3	2.9	28.6	1.5
Steelcast	909.1	24.4 (2.8%)	Small Cap	410	31.7	18.2	28.7	6
Synergy Green Inds.	466.8	29.6 (6.8%)	Small Cap	326	10.5	3.4	44.5	11.9
PTC Industries	14,305.2	-94.8 (-0.7%)	Small Cap	247	16.3	8.4	875.3	16.3
Universal Auto Found	68.9	-0.7 (-1%)	Small Cap	202	1.4	2.4	50.4	1.3
Uni Abex Alloy Prod	2,830.7	-15.6 (-0.6%)	Small Cap	180	123.4	19.4	22.9	4.3
Invts & Precisn Cast	819.7	16.8 (2.1%)	Small Cap	171	9.7	4.2	84.1	4.6
Nitin Castings	636.9	12.8 (2.1%)	Small Cap	149	23.9	9.1	26.7	4.1

Shows rows:

Prev 1 2 3 Next

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	97.17	96.60	98.42	81.73	50.11	6.92	7.59	0	0	0
Operating Expenses ⓘ	88.11	89.27	89.65	78.69	55.06	11.95	23.19	1.69	1.56	0.52
Manufacturing Costs	20.83	19.91	22.09	20.57	12.38	2.79	2.87	0.03	0.05	0.01
Material Costs	49.52	50.06	44.26	36.47	26.76	4.60	3.83	0	0	0
Employee Cost	10.72	11.49	12.62	12.85	10.01	2.74	1.63	0.56	0.36	0.20
Other Costs ⓘ	7.04	7.81	10.68	8.80	5.92	1.82	14.86	1.10	1.15	0.30
Operating Profit ⓘ	9.05	7.33	8.77	3.04	-4.95	-5.03	-15.60	-1.69	-1.56	-0.52
Operating Profit Margin (%)	9.3%	7.6%	8.9%	3.7%	-9.9%	-72.7%	-205.0%	-	-	-
Other Income ⓘ	1.17	2.61	1.09	3.68	3.60	2.46	18.02	0.09	1.81	0.03
Interest ⓘ	5.59	6.54	5.46	5.29	4.03	1.03	1.94	0.44	0.29	0.23
Depreciation ⓘ	1.80	1.62	1.38	1.20	1.21	1.01	0.58	0.02	0.02	0.02
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	2.84	1.77	3.01	0.23	-6.60	-4.61	-0.10	-2.07	-0.05	-0.73
Tax ⓘ	0.45	0.37	0.67	-0.04	-0.06	0.07	-0.44	0	0.12	0.17
Profit After Tax	2.38	1.40	2.34	0.27	-6.53	-4.68	0.34	-2.07	-0.17	-0.91
PAT Margin (%)	2.5%	1.5%	2.4%	0.3%	-13.0%	-67.7%	4.5%	-	-	-
Adjusted EPS (₹)	6.9	4.1	6.8	0.8	-18.9	-13.6	1.0	-6.0	-0.5	-2.6
Dividend Payout Ratio (%)	12%	15%	10%	51%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	15.12	16.27	18.32	18.57	11.88	7.34	7.39	-0.45	-1.21	-2.41
Share Capital ⓘ	3.46	3.46	3.46	3.46	3.46	3.46	3.46	3.46	3.46	3.46
Reserves ⓘ	11.66	12.81	14.86	15.11	8.43	3.88	3.93	-3.91	-4.66	-5.87
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	33	34.40	36.26	33.74	32.12	27.39	1.32	1.53	1.48	1.75
Long Term Debt	0.27	0.05	0	0	1.51	1.41	1.32	1.53	1.48	0
Short Term Debt	32.73	34.35	36.26	33.74	30.61	25.97	0	0	0	1.75
Trade Payables	33.12	33.72	29.01	30.91	21.15	18.27	16.11	10.46	0.49	0.63
Others Liabilities ⓘ	4.05	3.19	3.20	2.64	4.28	3.44	3.55	2.74	1.49	1.37
Total Liabilities ⓘ	85.30	87.57	86.79	85.85	69.44	56.44	28.37	14.26	2.26	1.34
Fixed Assets
Gross Block	30.49	31.33	31.11	12.94	13.40	13.43	3.58	1.26	1.12	1.07
Accumulated Depreciation	16.65	18.27	18.83	1.19	2.41	3.41	0.54	0.20	0.18	0.17
Net Fixed Assetsⓘ	13.84	13.06	12.29	11.75	10.99	10.03	3.04	1.06	0.94	0.90
CWIP ⓘ	0.26	0	0	0.32	0.63	0.63	0	0	0	0
Investmentsⓘ	0	0	0	0.05	0.03	0.03	0.01	0.01	0.01	0
Inventories	8.19	10.64	7.85	8.28	4.07	1.16	0.77	0.06	0	0
Trade Receivables	47.96	50.81	54.28	53	42.52	36.89	18.61	0.63	0.53	0
Cash Equivalents	1.25	2	1.95	0.48	0.37	0.29	0.11	7.09	0.09	0.02
Others Assetsⓘ	13.80	11.06	10.42	11.97	10.83	7.41	5.83	5.42	0.69	0.42
Total Assets ⓘ	85.30	87.57	86.79	85.85	69.44	56.44	28.37	14.26	2.26	1.34

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	5.93	5.81	2.91	8.54	5.35	4.91	4.60	-3.77	-7.79	-0.04
PBT ⓘ	2.84	1.77	3.01	0.23	-6.60	-4.61	-0.10	-7.95	-0.64	-1.05
Adjustment ⓘ	5.97	6.66	5.30	6.29	5.19	1.71	-14.17	-9.11	-0.55	0.51
Changes in Working Capital ⓘ	-2.52	-1.96	-4.91	2.82	6.77	7.52	19.04	13.32	-6.78	0.49
Tax Paid ⓘ	-0.36	-0.66	-0.49	-0.80	-0.01	0.29	-0.17	-0.03	0.17	0.01
Cash Flow From Investing Activity ⓘ	-0.72	-0.90	-0.60	-0.95	0.30	0.83	23.64	11.12	1.02	0.06
Capex	-0.40	-0.59	-0.61	-0.96	-0.69	0.50	23.24	11.13	1.13	0.05
Net Investments	0	0	0	-0.13	0.90	0.31	0.21	0.01	0.01	0.01
Others ⓘ	-0.32	-0.31	0.01	0.13	0.09	0.03	0.19	-0.01	-0.12	0.01
Cash Flow From Financing Activityⓘ	-3.91	-4.35	-2.44	-8.26	-5.54	-5.78	-28.21	-0.36	-0.22	-0.09
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-0.46	-0.52	-0.22	-0.05	1.62	-0.10	-0.10	0.10	-0.05	-1.48
Interest Paid ⓘ	-4.21	-5.13	-3.89	-5.40	-3.86	-1.03	-2.10	-0.46	-0.27	-0.25
Dividend Paid ⓘ	-0.21	-0.28	-0.21	-0.29	-0.17	0	-0.01	-0.01	-0.01	-0.01
Others ⓘ	0.96	1.57	1.87	-2.52	-3.13	-4.64	-26	0	0.11	1.64
Net Cash Flow ⓘ	1.30	0.56	-0.13	-0.68	0.12	-0.03	0.03	6.99	-6.99	-0.07

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	16.91	8.94	13.52	1.47	-42.91	-48.75	4.64	N/A	N/A	N/A
ROCE (%)	17.79	16.71	16.06	10.32	-5.33	-9.07	8.44	N/A	N/A	N/A
Asset Turnover Ratio	1.15	1.12	1.13	0.95	0.65	0.12	0.18	0	0	0
PAT to CFO Conversion(x)	2.49	4.15	1.24	31.63	N/A	N/A	13.53	N/A	N/A	N/A
Working Capital Days
Receivable Days	172	187	195	239	348	1,956	1,295	0	0	0
Inventory Days	36	36	34	36	45	129	45	0	0	0
Payable Days	251	244	259	300	355	1,566	1,636	0	0	0

Carnation Industries Ltd Stock News

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Carnation Industries Ltd FAQs

What is the share price of Carnation Inds?

Company share prices are keep on changing according to the market conditions. The closing price of Carnation Inds on 11-Nov-2024 16:59 is ₹14.05.

What is the market cap of Carnation Inds?

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 11-Nov-2024 16:59 the market cap of Carnation Inds stood at ₹4.86.

What is the P/E ratio of Carnation Inds?

The latest P/E ratio of Carnation Inds as of 11-Nov-2024 16:59 is 0.00.

What is the P/B ratio of Carnation Inds?

The latest P/B ratio of Carnation Inds as of 11-Nov-2024 16:59 is -1.67.

What is the 52-week high and low of Carnation Inds?

The 52-week high of Carnation Inds is ₹14.05 and the 52-week low is ₹5.97.

What is the TTM revenue of Carnation Inds?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Carnation Inds is ₹0.00 ( Cr.) .

About Carnation Industries Ltd

Carnation Enterprise Pvt. Ltd. was established in 1982 by the combination of a few dynamic working men all successful in their respective fields, which later in 1995 changed the name to Carnation Industries Limited. The company starting off as a merchant exporter recorded a steady growth each year, the company went into manufacturing in the mid-80s and is running two grey iron foundries and ductile iron unit all in West Bengal. Both the grey iron production units and the ductile iron production unit are certified by SGS (India) Ltd. as per BS-EN-124 require for systems approval & specific product approvals.

Carnation is the country's first Conventional Grey Iron foundry to be certified ISO 9002 by KPMG (USA). Currently it holds the BS EN ISO 9001:2000 certificate from BSI (UK). UL Certification from Underwriters Laboratories Inc., USA.

Carnation has a professional set up backed by a group of highly experienced and Technically qualifed shop staff in different departments working under professional managers. They have a work force strength of 40 experienced personnel & a labour strength of over 400 persons.

Product development, technology upgradation and providing more for the value of money are Carnationâ€™s forte.

Carnation has established itself as one of the top exporters of castings from India and it takes the toil and sweat of the whole team ably supported by juniors and the labour force to keep Carnation at top.

Product range of the company includes:

Ductile & Grey Iron Sanitary Castings e.g. Manholes, Catch basins Frames, Grates etc.
Ductile & Grey Iron valve boxes, meter boxes, surface boxes, Service boxes, Step Iron.
Ductile & Grey Iron Gulley Gratings, Syphones, Hydrants.
Ductile Iron Railway Castings.
Ductile Iron M J Fittings, Push on fittings, related products.
Ductile Iron glands, Flanges, anchor flanges, brackets.
Accessories for Fittings
Ductile Iron Industrial and auto casting.
Marine items e.g., mushroom anchors, naval anchors, river anchors, cleats of wide variety.
Counter weights for fork lifts.
MS, SS Bolts, Rubber gaskets, GRP Plates, Brass fittings, Industrial leather gloves.

Milestones & Achievements:

1985-86 - Export Excellence award in C I Sanitary castings
1986-87 - Highest Export performance award in C I Industrial castings
1987-88 - Highest Export performance in C I panel (ALL INDIA)
1988-89 - Top Exporters Shield (Eastern Region)
1989-90 - Highest Export performance award in C I Sanitary castings
1990-91 - Certificate of Export Excellence : Eastern Region
1991-92 - Certificate of Export Excellence : Eastern Region
1993-94 - Certificate of Export Excellence : Eastern Region
1994-95 - Certificate of Export Excellence : All India
1995-96 - Highest Export Performance in C I Panel (All India)
1996-97 - Certificate of Export Excellence : Eastern RegionAward of Export Excellence : FOSMI, Govt of W. Bengal
1997-98 - Trophy for Highest Exporter in the group : Eastern RegionNational Award to Outstanding Small Scale Entrepreneurs :Ministry of Industry Department of SSI & ARI Small Industries development Organisation, Government of India.
1998-99 - Award for Export Excellence from EEPC (ER) for highest export performance.
1999-2000 - Excellence Award For Excellence in Productivity, Quality, Innovation & Management by Institute of Economic Studies, New Delhi.
1999-2000 - All India Award for Export Excellence in Engineering Goods.
2001-2002 - Certificate of Export Excellence : Eastern RegionAward of Export Excellence : FOSMI, Govt of W. Bengal
2002-2003 - Certificate of Export Excellence : Eastern RegionAward of Export Excellence : FOSMI, Govt of W. Bengal
2003-2004 - All India Award for Export Excellence in recognition of their outstanding contribution to Engineering Exports during the year 2004 - 2005
2008-2009 - engineering Export Promotion Council Eastern Region award for Export Excellence
2010 - Quality Management System approved ISO 9001:2008 from BSI, LONDON
2011 - Expansion of the Ductile Iron plant at Uluberia
Approval received from Asphalt Paint NSF ANSI -61 from Underwriter Laboratory, US
2014 - Approval received from Lead Free Paint NSF-372 from Underwriter Laboratory, USA