Prevest Denpro Ltd - Stock Valuation and Financial Performance

BSE: 543363 | NSE: | Medical Equipment/Supplies/Accessories | Small Cap

Prevest Denpro Share Price

540.25 -4.45 -0.82%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Prevest Denpro

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Prevest Denpro stock performance -

mw4me loader
P/E Ratio (SA):
38.61
Market Cap:
648.2 Cr.
52-wk low:
332
52-wk high:
673

Is Prevest Denpro Ltd an attractive stock to invest in?

1. Is Prevest Denpro Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Prevest Denpro Ltd is a good quality company.

2. Is Prevest Denpro Ltd undervalued or overvalued?

The key valuation ratios of Prevest Denpro Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Prevest Denpro Ltd a good buy now?

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

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.
Prevest Denpro Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 37.2%39.3%45.6%47%39.6%32.3%26.8%-
Value Creation
Index
1.71.82.32.41.81.30.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1719.322.828.538.149.956.459
Sales YoY Gr.-13.6%18.1%25.1%33.8%30.8%13.2%-
Adj EPS 2.43.35.689.512.913.214
YoY Gr.-39.5%68.4%43.1%18.3%35.8%3%-
BVPS (₹) 8.311.717.325.547.660.773.879.9
Adj Net
Profit
2.12.94.97.111.415.415.917
Cash Flow from Ops. 2.434.78.8710.411.5-
Debt/CF from Ops. 0.50.50.40.20.200-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA24%25.6%13.2%
Adj EPS NA31.9%18.3%3%
BVPSNA44.6%42.6%21.7%
Share Price - - 34.5% 28.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
28.833.338.637.428.623.819.718.2
Op. Profit
Mgn %
1820.122.831.739.939.735.534.7
Net Profit
Mgn %
12.415.221.724.829.83128.228.2
Debt to
Equity
0.20.10.10.10000
Working Cap
Days
06974757685100200
Cash Conv.
Cycle
01419-4-23258184

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 25.61%

Net Profit is growing at healthy rate in last 3 years 18.29%

Sales growth is good in last 4 quarters at 13.00%

Return on Equity has declined versus last 3 years average to 18.20%

Latest Financials - Prevest Denpro Ltd.

Standalone Consolidated
TTM EPS (₹) 14 14.1
TTM Sales (₹ Cr.) 59.5 59.5
BVPS (₹.) 79.9 79.9
Reserves (₹ Cr.) 84 84
P/BV 6.76 6.76
PE 38.61 38.36
From the Market
52 Week Low / High (₹) 332.00 / 673.00
All Time Low / High (₹) 170.65 / 673.00
Market Cap (₹ Cr.) 648
Equity (₹ Cr.) 12
Face Value (₹) 10
Industry PE 78.6

Management X-Ray of Prevest Denpro:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Prevest Denpro

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales17192328385056
Operating Expenses 14151819233036
Manufacturing Costs1110000
Material Costs5678101314
Employee Cost 3353456
Other Costs 555891216
Operating Profit 3459152020
Operating Profit Margin (%) 17.4%20.1%22.8%31.7%39.9%39.7%35.5%
Other Income 1021223
Interest 0000000
Depreciation 0000111
Exceptional Items 0000000
Profit Before Tax 3469162121
Tax 1112455
Profit After Tax 2357121616
PAT Margin (%) 12.8%15.5%22.0%25.3%30.4%31.5%28.6%
Adjusted EPS (₹)2.53.45.78.29.613.113.4
Dividend Payout Ratio (%)0%0%0%0%0%8%7%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 7101522577389
Share Capital 0000121212
Reserves 7101522456177
Minority Interest0000000
Debt1121100
Long Term Debt1121100
Short Term Debt0000000
Trade Payables1114211
Others Liabilities 2233445
Total Liabilities 11152131647995

Fixed Assets

Gross Block6889111233
Accumulated Depreciation2334456
Net Fixed Assets45557727
CWIP 00025170
Investments 0000112
Inventories0011356
Trade Receivables2224248
Cash Equivalents 461016423948
Others Assets1122454
Total Assets 11152131647995

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 235971011
PBT 3469162121
Adjustment 1000-1-1-1
Changes in Working Capital -1-0-11-4-4-4
Tax Paid -1-1-1-2-4-5-5
Cash Flow From Investing Activity -1-1-1-2-4-12-2
Capex -1-1-1-2-5-14-4
Net Investments 000000-1
Others 0001122
Cash Flow From Financing Activity 000-123-10
Net Proceeds from Shares 00002300
Net Proceeds from Borrowing 00000-10
Interest Paid 0000000
Dividend Paid 0000000
Others 0000000
Net Cash Flow 124626-39
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)29.7234.0239.1338.1329.0724.1919.98
ROCE (%)37.1539.2745.6346.9639.6432.2526.8
Asset Turnover Ratio1.541.491.281.120.830.710.67
PAT to CFO Conversion(x)1111.290.580.630.69
Working Capital Days
Receivable Days32373637282439
Inventory Days1091315212934
Payable Days7264691221054435

Prevest Denpro Ltd Stock News

Prevest Denpro Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Prevest Denpro on 21-Nov-2024 16:59 is ₹540.2.
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 21-Nov-2024 16:59 the market cap of Prevest Denpro stood at ₹648.2.
The latest P/E ratio of Prevest Denpro as of 21-Nov-2024 16:59 is 38.61.
The latest P/B ratio of Prevest Denpro as of 21-Nov-2024 16:59 is 6.76.
The 52-week high of Prevest Denpro is ₹673.0 and the 52-week low is ₹332.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Prevest Denpro is ₹59.47 ( Cr.) .

About Prevest Denpro Ltd

The company develops, manufacture and market a comprehensive portfolio of dental materials for diagnosing, treating and preventing dental conditions as well as improving the aesthetics of the human smile. The breadth and depth of its product offerings address majority of the dentists’ clinical needs for consumable dental materials. Its product portfolio covers a wide spectrum of materials for endodontics, prosthodontics, orthodontics, periodontics, restorative dentistry, aesthetic dentistry and laboratory consumables. Its products are sold in the regions of Europe, Asia, South America, Middle East and Africa. Further, as per its diversification plans, the company is currently expanding its existing manufacturing unit by setting up another manufacturing facility for manufacturing new line of products that will include hygiene products (sanitizers and disinfectants), oral hygiene products (mouth washes and mouth rinses), oral care products(medicated ointments, gels and creams for dental treatment) and biomaterials (i.e. bone augmentation materials). The proposed facility will be well-equipped with latest machineries.

Business area of the company

The company manufactures and markets a range of dental materials for diagnosing, treating, and preventing dental conditions and improving the aesthetics of the human smile.

Key events and milestones

  • 1999: Incorporation of the Company.
  • 2000: First Manufacturing unit was established at Digiana, Jammu, J&K.
  • 2011: Second Manufacturing unit was established at Samba, J&K.
  • 2014-15: Crossed Turnover of Rs 10 crore.
  • 2016: Won Sushruta award for Best Dental Manufacture by the Indian Dental Association’s.
  • 2016: Received Certificate for ‘Best Enterprise’ in the field of manufacture of dental materials, India by the Socrates Committee, Oxford, UK.
  • 2017: Shifted manufacturing operations from First Manufacturing Unit to Second Manufacturing unit.
  • 2017: Won “Northern Region Export Excellence Award” - Gold Trophy for outstanding export performance in the category of top exporter J&K - SME by FIEO (2017).
  • 2019-20: Crossed Turnover of Rs 20 crore.
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