TGIF Agribusiness Ltd - Stock Valuation and Financial Performance

BSE: 544175 | NSE: | Agriculture | Small Cap

TGIF Agribusiness Share Price

97.50 11.22 13.00%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on TGIF Agribusiness

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TGIF Agribusiness stock performance -

mw4me loader
P/E Ratio (SA):
37.54
Market Cap:
25.2 Cr.
52-wk low:
77.6
52-wk high:
156.8

Is TGIF Agribusiness Ltd an attractive stock to invest in?

1. Is TGIF Agribusiness Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that TGIF Agribusiness Ltd is a below average quality company.

2. Is TGIF Agribusiness Ltd undervalued or overvalued?

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

3. Is TGIF Agribusiness Ltd a good buy now?

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

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.
TGIF Agribusiness Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'24TTM
ROCE % 26.2%-
Value Creation
Index
0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1.52
Sales YoY Gr.--
Adj EPS 3.52.6
YoY Gr.--
BVPS (₹) 13.534.7
Adj Net
Profit
0.71
Cash Flow from Ops. 1-
Debt/CF from Ops. 0-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANANA
Adj EPS NANANANA
BVPSNANANANA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'24TTM
Return on
Equity %
26.110.8
Op. Profit
Mgn %
42NAN
Net Profit
Mgn %
43.844
Debt to
Equity
0-
Working Cap
Days
00
Cash Conv.
Cycle
00

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 10.80%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - TGIF Agribusiness Ltd.

Standalone Consolidated
TTM EPS (₹) 2.6 -
TTM Sales (₹ Cr.) 1.5 -
BVPS (₹.) 34.7 -
Reserves (₹ Cr.) 6 -
P/BV 2.81 -
PE 37.54 -
From the Market
52 Week Low / High (₹) 77.60 / 156.80
All Time Low / High (₹) 77.60 / 156.80
Market Cap (₹ Cr.) 25.2
Equity (₹ Cr.) 2.6
Face Value (₹) 10
Industry PE 42.2

Management X-Ray of TGIF Agribusiness:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of TGIF Agribusiness

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'24
Sales1.53
Operating Expenses 0.89
Manufacturing Costs0
Material Costs0.37
Employee Cost 0.24
Other Costs 0.27
Operating Profit 0.64
Operating Profit Margin (%) 42.0%
Other Income 0.07
Interest 0
Depreciation 0.04
Exceptional Items 0
Profit Before Tax 0.67
Tax 0
Profit After Tax 0.67
PAT Margin (%) 43.8%
Adjusted EPS (₹)3.5
Dividend Payout Ratio (%)0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'24

Equity and Liabilities

Shareholders Fund 2.57
Share Capital 1.90
Reserves 0.67
Minority Interest0
Debt0
Long Term Debt0
Short Term Debt0
Trade Payables0.35
Others Liabilities 0.09
Total Liabilities 3.01

Fixed Assets

Gross Block0.68
Accumulated Depreciation0.04
Net Fixed Assets0.64
CWIP 0
Investments 1.12
Inventories0
Trade Receivables0.03
Cash Equivalents 1.13
Others Assets0.09
Total Assets 3.01

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'24
Cash Flow From Operating Activity 0.96
PBT 0.67
Adjustment -0.03
Changes in Working Capital 0.31
Tax Paid 0
Cash Flow From Investing Activity -1.73
Capex -0.68
Net Investments -1.12
Others 0.06
Cash Flow From Financing Activity 1.90
Net Proceeds from Shares 2.78
Net Proceeds from Borrowing 0
Interest Paid 0
Dividend Paid 0
Others -0.88
Net Cash Flow 1.13
PARTICULARSMar'24
Ratios
ROE (%)26.14
ROCE (%)26.18
Asset Turnover Ratio0.51
PAT to CFO Conversion(x)1.43
Working Capital Days
Receivable Days8
Inventory Days0
Payable Days346

TGIF Agribusiness Ltd Stock News

TGIF Agribusiness Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of TGIF Agribusiness on 20-Dec-2024 16:59 is ₹97.50.
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 20-Dec-2024 16:59 the market cap of TGIF Agribusiness stood at ₹25.23.
The latest P/E ratio of TGIF Agribusiness as of 20-Dec-2024 16:59 is 37.54.
The latest P/B ratio of TGIF Agribusiness as of 20-Dec-2024 16:59 is 2.81.
The 52-week high of TGIF Agribusiness is ₹156.8 and the 52-week low is ₹77.60.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of TGIF Agribusiness is ₹1.53 ( Cr.) .

About TGIF Agribusiness Ltd

TGIF Agribusiness Limited was originally formed as a partnership firm in the name and style of ‘Aarvee Farm Products’ pursuant to a deed of partnership dated February 28, 2014, registered as on March 06, 2014 vide Registration certificate issued by Registrar of Firms, Ahmedabad City, Ahmedabad under the provisions of the Indian Partnership Act, 1932. Subsequently, its partnership firm was converted into the Limited Liability Partnership pursuant to a certificate of registration of conversion of Aarvee Farm Products to ARV Farmpro LLP dated April 23, 2019 issued by the Ministry of Corporate Affairs, Central Registration Centre vide LLP Identification Number AAP-0011. Further, name of its LLP was changed from ‘ARV Farmpro LLP’ to ‘TGIF Agribusiness LLP’ and a fresh Certificate pursuant to name change was issued by the Ministry of Corporate Affairs, Central Registration Centre dated April 27, 2023. Consequently, the Company was converted from LLP to Public Company ‘TGIF Agribusiness LLP’ to ‘TGIF Agribusiness Limited’ vide a fresh certificate of incorporation consequent upon conversion dated December 27, 2023 issued by the Ministry of Corporate Affairs, Central Registration Centre.

The company is primarily a horticulture company engaged in open farming of certain fruits and vegetables. The company is mainly engaged in the farming of pomegranate which contributes to more than 95% of its revenue from operations. Apart from the farming of pomegranate it is also engaged in the farming and cultivation of dragon fruits and Sagwan trees. It follows different farming practices so as to produce quality fruits such as fruit thinning, wherein some portion of fruit crop from the tree is removed before its maturity, in order to improve the general size and quality of the remaining crop, leaf vegetative growth practice to reduce tolerance level of external appearance, protecting fruit with protection material, measuring soil moisture to determine the water application. Under its farming model, wherein it generally employ farmers and workers in the vicinity of its farms. 

It also engages its selves in to supervision of farmers and croppers to constantly monitor the quantity and quality of crops. With the growing consumer knowledge, interest, and purchasing power the demand for the fruits have also increased. This, in turn, played an important role in increasing its product demand in the market. It maintains adherence to quality and safety standards including plant quality, product quality, use of plant nutrients, fertilizers, pesticides to safeguard the plants and produce etc. This steps ensures the fulfilment of food safety and quality control and helps it in increasing the farm produce. It uses drip irrigation systems for each of its farms to ensure proper irrigation of the farms and also minimise time spent on irrigation activity. The post-harvest facility has been designed to avoid contamination and to maintain food hygiene in the process. The products are packed as per individual client requirement and delivered to the customers.

It currently sells majority of its products to retailers, wholesalers, retail chain stores, hypermarkets and mandis. Under the B2B model all these customers visit the farms for evaluating the farm and the produce and based on price negotiations prices are finalized with the customers. It also have plans to sell its produce through its B2C model under the name of Direct2home service, where the local customers can place the order and the products will be picked, packed from the farm and delivered to the customer home directly.

Business area of the company 

The company is primarily a horticulture company engaged in open farming of certain fruits and vegetables. The company is mainly engaged in the farming of pomegranate. Apart from the farming of pomegranate it is also engaged in the farming and cultivation of dragon fruits and Sagwan trees.

Products of the company

  • Pomegranate 
  • Dragon fruit 
  • Sagwan
  • Other seasonal vegetables & fruits like water melon, lemon & chilly

History and milestones

  • 2014: Partnership Firm in the name and style of M/s. Aarvee Farm Products founded by Niraj Chhaganraj Gemawat and Rachana Niraj Gemawat with effect from February 28, 2014.
  • 2014: Partnership firm was registered as on March 06, 2014.
  • 2019: Incorporation of its LLP as ‘ARV Farmpro LLP’ pursuant to the Conversion of Partnership firm into the Limited Liability Partnership as per the provisions of the Limited Liability Partnership Act, 2008. 
  • 2023: Change in the name of its LLP from ARV Farmpro LLP to TGIF Agribusiness LLP.
  • 2023: Increase in the number of partners along with capital contribution. 
  • 2023: Incorporation of Company pursuant to the conversion of LLP as ‘TGIF Agribusiness LLP’ into Public Limited Company as TGIF Agribusiness Limited.

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