BSE: 531129 | NSE: | Ceramics/Marble/Granite/Sanitaryware | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Inani Marbles & Industries Ltd is a average quality company.
The key valuation ratios of Inani Marbles & Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Inani Marbles & Industries 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.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 18.9% | 11% | 8.1% | 4.4% | 4.9% | 2.6% | 6.2% | 8.6% | 4.4% | 5.7% | - |
| Value Creation Index ⓘ | 0.4 | -0.2 | -0.4 | -0.7 | -0.7 | -0.8 | -0.6 | -0.4 | -0.7 | -0.6 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 70.6 | 51.2 | 44.7 | 40.3 | 36.6 | 31.9 | 60.6 | 81.6 | 71.8 | 56.2 | 53 |
| Sales YoY Gr. | - | -27.4% | -12.8% | -9.8% | -9.3% | -12.7% | 89.8% | 34.6% | -11.9% | -21.8% | - |
| Adj EPS ⓘ | 3 | 1.4 | 0.9 | 0.1 | 0.5 | -0.7 | 0.7 | 0.9 | 1.3 | 0.4 | 2.2 |
| YoY Gr. | - | -52.7% | -37.3% | -93.3% | 666.7% | -243.5% | NA | 27.5% | 42.1% | -72% | - |
| BVPS (₹) ⓘ | 23.5 | 25 | 26 | 26.2 | 26.7 | 26.4 | 25.8 | 27.5 | 27.7 | 28.6 | 29.4 |
| Adj Net Profit ⓘ | 4.9 | 2.3 | 1.4 | 0.1 | 0.7 | -1.1 | 1.3 | 1.6 | 2.3 | 0.7 | 4 |
| Cash Flow from Ops. ⓘ | 10.2 | 3.8 | 5.9 | 3.3 | 4.3 | 4.7 | 0.3 | 8.9 | 3.7 | 7.2 | - |
| Debt/CF from Ops. ⓘ | 2.1 | 5.5 | 3.3 | 5.6 | 4 | 5.8 | 88.7 | 3.3 | 7.8 | 3.2 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -2.5% | 9% | -2.5% | -21.8% | ||||
| Adj EPS ⓘ | -21.2% | -5.3% | -20.3% | -72% | ||||
| BVPSⓘ | 2.2% | 1.4% | 3.6% | 3.2% | ||||
| Share Price | -1.2% | 11.7% | -2.5% | 18.6% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 13.6 | 5.9 | 3.5 | 0.2 | 1.7 | -2.5 | 2.8 | 3.3 | 4.5 | 1.3 | 7.6 |
| Op. Profit Mgn % ⓘ | 19.2 | 17.8 | 15.9 | 12.2 | 14.7 | 8.5 | 11.5 | 8.8 | 7.4 | 10.3 | 12.6 |
| Net Profit Mgn % ⓘ | 6.9 | 4.5 | 3.2 | 0.2 | 2 | -3.4 | 2.1 | 2 | 3.2 | 1.2 | 7.7 |
| Debt to Equity ⓘ | 0.6 | 0.5 | 0.5 | 0.4 | 0.4 | 0.6 | 0.6 | 0.6 | 0.6 | 0.4 | 0.1 |
| Working Cap Days ⓘ | 260 | 384 | 464 | 521 | 549 | 593 | 349 | 293 | 322 | 377 | 217 |
| Cash Conv. Cycle ⓘ | 151 | 216 | 252 | 263 | 292 | 336 | 193 | 148 | 180 | 242 | 106 |
Return on Equity has increased versus last 3 years average to 7.50%
Debt to equity has declined versus last 3 years average to 0.44
Sales growth is good in last 4 quarters at 14.01%
Sales growth has been subdued in last 3 years -2.47%
Net Profit has been subdued in last 3 years -20.25%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 2.2 | - |
| TTM Sales (₹ Cr.) | 53.3 | - |
| BVPS (₹.) ⓘ | 29.4 | - |
| Reserves (₹ Cr.) ⓘ | 51 | - |
| P/BV ⓘ | 0.84 | - |
| PE ⓘ | 11.24 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 18.00 / 38.23 |
| All Time Low / High (₹) | 0.86 / 126.07 |
| Market Cap (₹ Cr.) | 45.9 |
| Equity (₹ Cr.) | 3.7 |
| Face Value (₹) | 2 |
| Industry PE ⓘ | 41.8 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 70.55 | 51.24 | 44.69 | 40.30 | 36.57 | 31.92 | 60.57 | 81.55 | 71.84 | 56.20 |
| Operating Expenses ⓘ | 57 | 42.10 | 37.59 | 35.37 | 31.92 | 29.20 | 53.59 | 74.36 | 66.56 | 51.04 |
| Manufacturing Costs | 25.05 | 23.02 | 18.03 | 15.58 | 13.73 | 9.38 | 17.01 | 17.54 | 12.73 | 8.82 |
| Material Costs | 24.26 | 13.64 | 13.27 | 14.07 | 9.58 | 13.45 | 24.26 | 39.69 | 37.21 | 28.97 |
| Employee Cost | 1.83 | 1.98 | 1.72 | 1.87 | 1.68 | 1.92 | 3.60 | 5.04 | 6.02 | 5.64 |
| Other Costs ⓘ | 5.86 | 3.47 | 4.57 | 3.86 | 6.93 | 4.46 | 8.72 | 12.10 | 10.60 | 7.61 |
| Operating Profit ⓘ | 13.55 | 9.14 | 7.09 | 4.92 | 4.64 | 2.72 | 6.98 | 7.19 | 5.28 | 5.16 |
| Operating Profit Margin (%) | 19.2% | 17.8% | 15.9% | 12.2% | 12.7% | 8.5% | 11.5% | 8.8% | 7.4% | 9.2% |
| Other Income ⓘ | 0.54 | 0.48 | 0.61 | 0.68 | 1.19 | 1.56 | 0.63 | 2.58 | 1.97 | 2.50 |
| Interest ⓘ | 3.36 | 2.85 | 2.50 | 2.25 | 2.02 | 2.16 | 2.54 | 2.49 | 2.66 | 2.47 |
| Depreciation ⓘ | 3.09 | 2.96 | 2.74 | 2.88 | 2.82 | 2.59 | 3.02 | 3 | 3.38 | 3.21 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.34 | 0 |
| Profit Before Tax ⓘ | 7.63 | 3.81 | 2.47 | 0.47 | 0.99 | -0.47 | 2.05 | 4.29 | 0.87 | 1.98 |
| Tax ⓘ | 2.48 | 1.26 | 0.82 | 0.07 | 0.14 | -0.16 | 0.53 | 1.03 | 0.31 | 0.41 |
| Profit After Tax | 5.15 | 2.55 | 1.65 | 0.40 | 0.86 | -0.31 | 1.52 | 3.25 | 0.56 | 1.57 |
| PAT Margin (%) | 7.3% | 5.0% | 3.7% | 1.0% | 2.3% | -1.0% | 2.5% | 4.0% | 0.8% | 2.8% |
| Adjusted EPS (₹) | 3.2 | 1.6 | 1.0 | 0.3 | 0.5 | -0.2 | 0.8 | 1.8 | 0.3 | 0.9 |
| Dividend Payout Ratio (%) | 6% | 6% | 4% | 16% | 8% | -21% | 5% | 2% | 13% | 5% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 38.24 | 40.60 | 42.25 | 42.58 | 43.36 | 42.97 | 47.93 | 51.11 | 51.59 | 53.23 |
| Share Capital ⓘ | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.72 | 3.72 | 3.72 | 3.72 |
| Reserves ⓘ | 34.99 | 37.34 | 39 | 39.32 | 40.10 | 39.71 | 44.21 | 47.39 | 47.87 | 49.51 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 18.33 | 19.70 | 18.39 | 17.88 | 16.57 | 24.77 | 26.13 | 25.16 | 23.88 | 20.01 |
| Long Term Debt | 2.20 | 3.35 | 2.42 | 1.67 | 1.21 | 7.06 | 8.54 | 7.13 | 6.34 | 3.30 |
| Short Term Debt | 16.13 | 16.35 | 15.97 | 16.20 | 15.37 | 17.71 | 17.59 | 18.03 | 17.54 | 16.71 |
| Trade Payables | 12.26 | 18.03 | 17.13 | 17.21 | 12.04 | 12.14 | 14.91 | 17.96 | 7.89 | 6.49 |
| Others Liabilities ⓘ | 12.61 | 7.29 | 6.88 | 6.35 | 3.36 | 4.53 | 6.87 | 9.47 | 10.43 | 8.44 |
| Total Liabilities ⓘ | 81.43 | 85.62 | 84.65 | 84.02 | 75.32 | 84.40 | 95.84 | 103.69 | 93.78 | 88.17 |
Fixed Assets | ||||||||||
| Gross Block | 52.66 | 53.83 | 53.75 | 51.59 | 50.93 | 61.49 | 61.25 | 69.32 | 68.64 | 66.71 |
| Accumulated Depreciation | 24.15 | 27.03 | 27.23 | 27.55 | 28.94 | 30.19 | 30.87 | 33.30 | 35.21 | 37.04 |
| Net Fixed Assetsⓘ | 28.51 | 26.79 | 26.52 | 24.04 | 21.99 | 31.30 | 30.39 | 36.02 | 33.44 | 29.67 |
| CWIP ⓘ | 0.37 | 0.46 | 0.68 | 0.96 | 0.26 | 0.42 | 0.99 | 0.18 | 0 | 0 |
| Investmentsⓘ | 0.48 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.18 | 0.49 | 1.71 |
| Inventories | 19.28 | 20.76 | 20.97 | 18.01 | 20.88 | 22.33 | 30.73 | 31.38 | 25.82 | 25.17 |
| Trade Receivables | 23.61 | 31.03 | 28.02 | 30.39 | 20.50 | 19.94 | 18.60 | 21.48 | 20.35 | 19.11 |
| Cash Equivalents | 1.16 | 0.58 | 0.28 | 0.47 | 1.08 | 0.29 | 0.48 | 0.09 | 0.14 | 0.21 |
| Others Assetsⓘ | 8.03 | 5.70 | 7.89 | 9.85 | 10.32 | 9.81 | 14.35 | 14.35 | 13.53 | 12.31 |
| Total Assets ⓘ | 81.43 | 85.62 | 84.65 | 84.02 | 75.32 | 84.40 | 95.84 | 103.69 | 93.78 | 88.17 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 10.23 | 3.76 | 5.92 | 3.32 | 4.33 | 4.66 | 0.33 | 8.90 | 3.66 | 7.22 |
| PBT ⓘ | 7.63 | 3.81 | 2.47 | 0.47 | 0.99 | -0.47 | 2.05 | 4.29 | 0.87 | 1.98 |
| Adjustment ⓘ | 5.95 | 5.49 | 4.78 | 4.73 | 6.35 | 4.21 | 6.60 | 5.40 | 5.99 | 5.03 |
| Changes in Working Capital ⓘ | -0.93 | -4.08 | 0.1 | -1.33 | -2.38 | 0.14 | -7.97 | -0.46 | -2.72 | 0.85 |
| Tax Paid ⓘ | -2.43 | -1.46 | -1.43 | -0.55 | -0.64 | 0.78 | -0.35 | -0.33 | -0.48 | -0.65 |
| Cash Flow From Investing Activity ⓘ | -4.34 | -0.86 | -2.68 | -0.63 | -0.79 | -12.05 | -2.63 | -6.09 | -0.93 | 0.38 |
| Capex | -4.60 | -1.33 | -2.47 | -0.35 | -1.49 | -11.89 | -2.05 | -7.42 | -0.79 | 1.44 |
| Net Investments | 0.07 | 0.18 | 0 | 0 | 0 | 0 | 0 | 0.52 | -0.33 | -1.05 |
| Others ⓘ | 0.19 | 0.29 | -0.22 | -0.28 | 0.70 | -0.16 | -0.57 | 0.81 | 0.18 | 0 |
| Cash Flow From Financing Activityⓘ | -5.68 | -3.43 | -3.54 | -2.50 | -2.91 | 6.60 | 2.51 | -3.21 | -2.67 | -7.55 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 3.51 | 0 | 0 | 0.04 |
| Net Proceeds from Borrowing ⓘ | -1.31 | 1.15 | -0.92 | -0.75 | -0.47 | 5.85 | 1.48 | -1.40 | -0.80 | -3.04 |
| Interest Paid ⓘ | -2.96 | -2.67 | -2.14 | -2.04 | -1.61 | -1.77 | -2.38 | -2.26 | -2.28 | -2.30 |
| Dividend Paid ⓘ | -0.44 | -0.33 | -0.16 | -0.07 | -0.07 | -0.07 | -0.07 | -0.07 | -0.07 | -0.07 |
| Others ⓘ | -0.97 | -1.59 | -0.31 | 0.36 | -0.77 | 2.59 | -0.03 | 0.53 | 0.48 | -2.18 |
| Net Cash Flow ⓘ | 0.21 | -0.54 | -0.30 | 0.20 | 0.63 | -0.79 | 0.20 | -0.40 | 0.06 | 0.06 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 14.35 | 6.47 | 4 | 0.95 | 2 | -0.73 | 3.35 | 6.57 | 1.1 | 3 |
| ROCE (%) | 18.86 | 11.02 | 8.06 | 4.41 | 4.94 | 2.59 | 6.24 | 8.63 | 4.41 | 5.68 |
| Asset Turnover Ratio | 0.88 | 0.62 | 0.53 | 0.48 | 0.46 | 0.4 | 0.67 | 0.82 | 0.73 | 0.62 |
| PAT to CFO Conversion(x) | 1.99 | 1.47 | 3.59 | 8.3 | 5.03 | N/A | 0.22 | 2.74 | 6.54 | 4.6 | Working Capital Days |
| Receivable Days | 117 | 193 | 239 | 264 | 254 | 231 | 116 | 90 | 106 | 128 |
| Inventory Days | 101 | 142 | 169 | 176 | 194 | 247 | 160 | 139 | 145 | 166 |
| Payable Days | 168 | 405 | 484 | 446 | 557 | 328 | 204 | 151 | 127 | 91 |
Inani Marbles and Industries established in 1984 have witnessed a tremendous growth in volume and variety. Started in a small way, today Inani owns a large factory at Chittorgarh, Rajasthan, with a huge capacity and state of the art technology for Marble processing, capturing a large segment of the Marble market of India.
To its credential Inani Marbles is one of the largest prouder of Green, White and Pink Marble slabs, Blocks and Tiles in India. Joint efforts of Inani Family and Capt. S.K.Inani, who is the Managing Director whose vision and adoption of latest technology, have driven the group where it stands today.
Inani Marble's plants are well equipped with modern gang saws (Five in a single row), slab polisher, tiling plant and heavy lifting equipment which offer the finest quality marble directly from their sources. Standard sizes and finishes are nearly always in stock, ready for delivery. With its specialization and volume production, the company generates efficiencies which translate into cost effective services for its clients aiming at prompt delivery, consistent quality and responsive client service.
The company has organized all trades and export services with the utmost efficiency, the success of which is demonstrated by a long list of satisfied and highly valued customers.
Other Inani Group companies are:
The group has mechanized quarries of:
Product range of the company includes:
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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