BSE: 532614 | NSE: IMPEXFERRO | Ferro & Silica Manganese | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Impex Ferro Tech Ltd is a below average quality company.
The key valuation ratios of Impex Ferro Tech Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Impex Ferro Tech 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'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | -7.9% | -7.9% | -12.4% | -30.4% | -35.3% | -12% | -23.4% | -10.2% | -26.7% | -191.8% | - |
| Value Creation Index ⓘ | -1.6 | -1.6 | NA | NA | NA | NA | NA | NA | NA | NA | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 698 | 506 | 272 | 121 | 129 | 99.8 | 52.9 | 100 | 298 | 143 | 28 |
| Sales YoY Gr. | - | -27.5% | -46.2% | -55.4% | 6.5% | -22.8% | -47% | 89.1% | 198.3% | -52% | - |
| Adj EPS ⓘ | -7 | -7.6 | -9.3 | -10 | -7.8 | -1.9 | -2.9 | -1 | -0.1 | -4.8 | -3.4 |
| YoY Gr. | - | NA | NA | NA | NA | NA | NA | NA | NA | NA | - |
| BVPS (₹) ⓘ | 16 | 8.4 | -0 | -12.4 | -20.2 | -22 | -24.9 | -26 | -27.8 | -31.7 | -35 |
| Adj Net Profit ⓘ | -56.9 | -61.6 | -81.3 | -87.8 | -68.6 | -16.8 | -25.1 | -8.7 | -0.9 | -42.1 | -30 |
| Cash Flow from Ops. ⓘ | -30.9 | -75.5 | -11.1 | 40.2 | 12.2 | 6.6 | 4.6 | 5.5 | 41.6 | 4.1 | - |
| Debt/CF from Ops. ⓘ | -8.1 | -4.4 | -32.5 | 8 | 26.1 | 47.4 | 67.6 | 55.6 | 7 | 65.9 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -16.1% | 2.1% | 39.4% | -52% | ||||
| Adj EPS ⓘ | NA | NA | NA | NA | ||||
| BVPSⓘ | -207.9% | NA | NA | NA | ||||
| Share Price | 2.2% | 50.3% | 28.1% | -17.7% | ||||
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 % ⓘ | -39.5 | -61.9 | -239.2 | 160.5 | 47.9 | 9 | 12.1 | 3.9 | 0.4 | 16.1 | 10.2 |
| Op. Profit Mgn % ⓘ | -3.5 | -5 | -15.1 | -68.3 | -43.3 | -9 | -37.3 | -14.1 | 2.2 | -28.4 | -126.3 |
| Net Profit Mgn % ⓘ | -8.2 | -12.2 | -29.9 | -72.4 | -53.1 | -16.8 | -47.3 | -8.7 | -0.3 | -29.3 | -108.4 |
| Debt to Equity ⓘ | 1.9 | 4.9 | -1052 | -3 | -1.8 | -1.6 | -1.4 | -1.4 | -1.2 | -1 | - |
| Working Cap Days ⓘ | 192 | 271 | 482 | 715 | 325 | 195 | 470 | 347 | 123 | 193 | 771 |
| Cash Conv. Cycle ⓘ | 74 | 135 | 282 | 373 | 55 | -94 | -96 | -44 | -74 | -140 | -1,858 |
Return on Equity has increased versus last 3 years average to 10.20%
Sales growth is growing at healthy rate in last 3 years 39.42%
Sales growth is good in last 4 quarters at 87.02%
No data to display
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -3.4 | -7 |
| TTM Sales (₹ Cr.) | 27.5 | 506 |
| BVPS (₹.) ⓘ | -35 | 0 |
| Reserves (₹ Cr.) ⓘ | -396 | -13 |
| P/BV ⓘ | -0.08 | 0.00 |
| PE ⓘ | 0.00 | 0.00 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 2.81 / 6.53 |
| All Time Low / High (₹) | 0.34 / 48.40 |
| Market Cap (₹ Cr.) | 25 |
| Equity (₹ Cr.) | 87.9 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 7.6 |
| Pledged * | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 98.60 | 100.00 | 100.00 | 100.00 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 698.02 | 505.80 | 271.96 | 121.31 | 129.24 | 99.82 | 52.91 | 100.05 | 298.47 | 143.38 |
| Operating Expenses ⓘ | 722.38 | 531.31 | 313 | 204.11 | 185.25 | 108.81 | 72.66 | 114.20 | 291.83 | 184.11 |
| Manufacturing Costs | 91.36 | 101.69 | 74.26 | 52.52 | 50.79 | 25.58 | 21.53 | 24.51 | 97.86 | 61.13 |
| Material Costs | 612.06 | 410.67 | 225.62 | 108.90 | 105.89 | 71.44 | 49.44 | 88.46 | 189.38 | 121.89 |
| Employee Cost | 4.37 | 4.79 | 4.42 | 5.09 | 6.03 | 6.86 | 1.17 | 0.50 | 0.32 | 0.57 |
| Other Costs ⓘ | 14.59 | 14.16 | 8.69 | 37.60 | 22.54 | 4.94 | 0.52 | 0.73 | 4.27 | 0.51 |
| Operating Profit ⓘ | -24.36 | -25.51 | -41.04 | -82.80 | -56.01 | -8.99 | -19.74 | -14.15 | 6.64 | -40.72 |
| Operating Profit Margin (%) | -3.5% | -5.0% | -15.1% | -68.2% | -43.3% | -9.0% | -37.3% | -14.1% | 2.2% | -28.4% |
| Other Income ⓘ | 6.30 | 3.05 | 1.21 | 2.99 | 0.79 | 0.51 | 1.56 | 11.92 | 5.95 | 1.65 |
| Interest ⓘ | 35.96 | 30.34 | 34.24 | 0.52 | 6 | 1.19 | 0.03 | 0.01 | 0.13 | 0.01 |
| Depreciation ⓘ | 11.77 | 8.64 | 7.30 | 7.31 | 7.12 | 7.08 | 6.84 | 6.51 | 6.57 | 6.61 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -22.65 | 12.09 |
| Profit Before Tax ⓘ | -65.80 | -61.44 | -81.37 | -87.64 | -68.34 | -16.75 | -25.05 | -8.74 | -16.76 | -33.60 |
| Tax ⓘ | -10.94 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -54.86 | -61.44 | -81.37 | -87.64 | -68.34 | -16.75 | -25.05 | -8.74 | -16.76 | -33.60 |
| PAT Margin (%) | -7.9% | -12.1% | -29.9% | -72.2% | -52.9% | -16.8% | -47.3% | -8.7% | -5.6% | -23.4% |
| Adjusted EPS (₹) | -6.7 | -7.5 | -9.3 | -10.0 | -7.8 | -1.9 | -2.9 | -1.0 | -1.9 | -3.8 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 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 | 130.83 | 68.36 | -0.34 | -109.05 | -177.50 | -193.83 | -218.98 | -228.15 | -244.59 | -278.26 |
| Share Capital ⓘ | 81.60 | 81.60 | 87.93 | 87.93 | 87.93 | 87.93 | 87.93 | 87.93 | 87.93 | 87.93 |
| Reserves ⓘ | 49.24 | -13.24 | -88.27 | -196.98 | -265.43 | -281.76 | -306.91 | -316.08 | -332.52 | -366.19 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 236.47 | 334.68 | 346.67 | 290.91 | 261.64 | 231.57 | 167.77 | 186.29 | 271.36 | 267.70 |
| Long Term Debt | 78.61 | 236.06 | 226.51 | 154.34 | 125.66 | 97.74 | 46.08 | 83.31 | 273.23 | 267.63 |
| Short Term Debt | 157.87 | 98.61 | 120.15 | 136.57 | 135.98 | 133.82 | 121.69 | 102.98 | -1.87 | 0.07 |
| Trade Payables | 165.34 | 152.15 | 134.91 | 126.46 | 74.98 | 78.71 | 140.39 | 130.94 | 131.31 | 121.50 |
| Others Liabilities ⓘ | 67.14 | 39.24 | 47.91 | 52.84 | 66.19 | 102.38 | 157.11 | 173.03 | 93.27 | 94.13 |
| Total Liabilities ⓘ | 599.78 | 594.42 | 529.15 | 361.16 | 225.30 | 218.82 | 246.28 | 262.11 | 251.36 | 205.07 |
Fixed Assets | ||||||||||
| Gross Block | 244.53 | 244.64 | 245.73 | 180.95 | 184.27 | 188.27 | 190.06 | 190.79 | 193.11 | 196.70 |
| Accumulated Depreciation | 49.62 | 59.29 | 66.60 | 7.31 | 14.43 | 21.49 | 28.35 | 34.85 | 41.42 | 48.03 |
| Net Fixed Assetsⓘ | 194.91 | 185.35 | 179.13 | 173.64 | 169.84 | 166.77 | 161.71 | 155.94 | 151.69 | 148.67 |
| CWIP ⓘ | 0.43 | 0.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 0 | 0.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventories | 125.61 | 120.28 | 82.47 | 63.45 | 38.55 | 32.59 | 62.38 | 85.95 | 53.34 | 29.64 |
| Trade Receivables | 193.16 | 234.68 | 221.06 | 92.82 | 5.15 | 8.45 | 10.97 | 5.13 | 4.03 | 6.36 |
| Cash Equivalents | 26.08 | 9.38 | 5.81 | 4.54 | 0.90 | 0.15 | 0.15 | 0.24 | 3.92 | 0.26 |
| Others Assetsⓘ | 59.58 | 44.25 | 40.69 | 26.71 | 10.85 | 10.85 | 11.07 | 14.85 | 38.38 | 20.14 |
| Total Assets ⓘ | 599.78 | 594.42 | 529.15 | 361.16 | 225.30 | 218.82 | 246.28 | 262.11 | 251.36 | 205.07 |
| 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 ⓘ | -30.94 | -75.54 | -11.07 | 40.20 | 12.15 | 6.64 | 4.62 | 5.52 | 41.61 | 4.06 |
| PBT ⓘ | -65.80 | -61.44 | -81.37 | -87.64 | -68.34 | -16.75 | -25.05 | -8.74 | -16.76 | -33.60 |
| Adjustment ⓘ | 45.61 | 33.63 | 39.65 | 7.17 | 12.38 | 8.58 | 6.66 | 5.99 | 6.92 | 6.44 |
| Changes in Working Capital ⓘ | -9.41 | -47.6 | 30.73 | 120.48 | 67.74 | 14.8 | 23 | 8.28 | 51.45 | 31.72 |
| Tax Paid ⓘ | -1.35 | -0.13 | -0.08 | 0 | -0.01 | 0 | 0 | 0 | 0 | -0.50 |
| Cash Flow From Investing Activity ⓘ | 5.79 | 20.25 | 1.41 | 0.39 | 0.10 | -4.01 | -1.78 | -0.74 | -20.79 | 14.76 |
| Capex | -2.41 | -0.11 | -0.66 | -1.82 | -3.32 | -4.01 | -1.78 | -4.98 | -2.32 | -3.59 |
| Net Investments | -42.35 | -0.05 | 1.71 | 2 | 3.28 | 0 | 0 | 4.25 | -18.48 | 18.34 |
| Others ⓘ | 50.55 | 20.42 | 0.36 | 0.22 | 0.15 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 25.59 | 57.09 | 7.78 | -39.86 | -12.61 | -3.38 | -2.84 | -4.81 | -17.16 | -22.49 |
| Net Proceeds from Shares ⓘ | 28.25 | 0 | 12.67 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -39.13 | 119.23 | -8.58 | 1 | 0 | -2.19 | -2.81 | 37.23 | 0 | 0 |
| Interest Paid ⓘ | -36.11 | -14.55 | -5.72 | -2.75 | -6.84 | -1.19 | -0.03 | -0.01 | -0.13 | -0.01 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 72.58 | -47.58 | 9.42 | -38.11 | -5.78 | 0 | 0 | -42.04 | -17.03 | -22.48 |
| Net Cash Flow ⓘ | 0.44 | 1.81 | -1.87 | 0.73 | -0.36 | -0.75 | 0 | -0.03 | 3.66 | -3.66 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -38.05 | -61.69 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| ROCE (%) | -7.89 | -7.93 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Asset Turnover Ratio | 1.17 | 0.88 | 0.5 | 0.3 | 0.45 | 0.45 | 0.23 | 0.39 | 1.16 | 0.63 |
| PAT to CFO Conversion(x) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Working Capital Days |
| Receivable Days | 88 | 149 | 296 | 426 | 134 | 25 | 67 | 29 | 6 | 13 |
| Inventory Days | 73 | 86 | 132 | 198 | 140 | 130 | 328 | 271 | 85 | 106 |
| Payable Days | 103 | 132 | 201 | 409 | 347 | 393 | 809 | 560 | 253 | 379 |
Impex Ferro Tech Ltd., an Impex Group company was incorporated on June 07, 1995 with the intention to set up a plant for manufacturing Silico Manganese and Ferro Manganese. The Company has been promoted by Vimal Kumar Patni, Suresh Kumar Patni, Naresh Kumar Jain and Virendra Kumar Jain.
In the year 1997-98, the Company has set up two submerged Arc furnaces of 3.6 & 5 MVA rating for manufacturing Silico Manganese and Ferro Manganese at Kalyaneshwari, Mouza Debipur, near Kulti, District Burdwan, West Bengal.The Company further went for expansion in the year 2000-01, when the third furnace having a rating of 7.5 MVA was installed and the same commenced production in April 2002.
The Company has been awarded for manufacturing and supply of different types of ferro alloy metals like Ferro Manganese, Silico Manganese and Ferro Chrome.
IMPEX Group is one of the leading manufacturer, trader and marketer of Ferro Alloys, Sponge Iron and Iron & Steel related products. In addition, the Group has also diversified its activities to Cements, I.T.Services, etc. It was founded in 1996 at a very small level incorporating Impex Ferro Tech Limited and within few years with hardworking , honesty and under the dynamic leadership of its promoters expanded in terms of chain of Companies resulting in huge turnover, profitability and goodwill and becomes a remarkable Group with continuing growth.
Other Impex Group companies:
Products manufactured by the company includes:
The use of ferro alloys in the making of various types of carbon and alloy steels. Ferro Alloys are also commonly used for deoxidation, desulphurisation and refining of steel. The use of Ferro Manganese and Silico Manganese in the production of carbon steel is primarily because of refining and deoxidation of steel.
Achievements/ recognition:
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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.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
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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