Rohit Ferro-Tech Ltd - Stock Valuation and Financial Performance

BSE: 532731 | NSE: ROHITFERRO | Steel & Iron Products | Small Cap

Rohit Ferro-Tech Share Price

28.45 0.00 0.00%
as on 07-Apr'22 18:02

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Rohit Ferro-Tech stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
355.3 Cr.
52-wk low:
28.5
52-wk high:
31

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

The key valuation ratios of Rohit Ferro-Tech Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is a good buy now?

No data found

10 Year X-Ray of Rohit Ferro-Tech:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 12.1%9.8%-4.3%-6.4%-10.4%-16.4%-15.8%-15.1%-64.2%-10.4%-
Value Creation
Index
-0.1-0.3-1.3-1.5NANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,6772,2592,4861,8751,430660713893738634790
Sales YoY Gr.-34.7%10.1%-24.6%-23.7%-53.8%8.1%25.1%-17.3%-14.1%-
Adj EPS 6.25.3-17.9-30.4-42.2-29.5-29.7-18.6-26.8-6.1-5.7
YoY Gr.--14%-435.5%NANANANANANANA-
BVPS (₹) 72.17150.919.7-22.8-52.4-82.2-106.6-166.4-172.4-161.3
Adj Net
Profit
49.860.7-203-345-480-336-338-212-305-69.8-71
Cash Flow from Ops. -140-33.1-288-1381.8371249-63.411.4-23.6-
Debt/CF from Ops. -7.7-40.2-6.6-16.31486.96.910.4-40.7225.5-109.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -10.2%-15%-3.9%-14.1%
Adj EPS -199.9%NANANA
BVPS-210.2%NANANA
Share Price 13.6% 101.3% 19.8% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on
Equity %
10.38.8-29.3-85.92776.378.644.219.719.63.63.4
Op. Profit
Mgn %
11.611-1.6-6.8-15.6-49.5-35.7-11.4-11.8-7.4-4.8
Net Profit
Mgn %
32.7-8.2-18.4-33.6-50.9-47.4-23.7-41.3-11-9
Debt to
Equity
1.91.73.310-10.2-4.3-2.8-2.1-1.4-1.3-
Working Cap
Days
20322924432242075054132024415747
Cash Conv.
Cycle
9310912718126046429415638-105-595

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

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

Latest Financials - Rohit Ferro-Tech Ltd.

Standalone Consolidated
TTM EPS (₹) -5.7 -5.7
TTM Sales (₹ Cr.) 790 790
BVPS (₹.) -161.3 -168
Reserves (₹ Cr.) -2,140 -2,223
P/BV -0.18 -0.17
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 28.45 / 30.95
All Time Low / High (₹) 0.37 / 194.95
Market Cap (₹ Cr.) 355
Equity (₹ Cr.) 124.9
Face Value (₹) 10
Industry PE 21.7

Management X-Ray of Rohit Ferro-Tech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Rohit Ferro-Tech

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21
Sales1,677.312,258.542,486.301,875.421,430.24660.15713.49892.83738.35634.12
Operating Expenses 1,496.782,028.592,563.382,014.861,660.07987.11969.81998.10828.14680.80
Manufacturing Costs472.34595.39631.77470.29242.38219.73224.83267.03231.94192.10
Material Costs922.641,276.611,798.951,412.341,349.94690.04683.16649.55548.63459.54
Employee Cost 18.7822.4224.0324.8718.7913.1114.5716.5315.1713.79
Other Costs 83.02134.17108.63107.3648.9564.2247.2464.9932.4015.37
Operating Profit 180.52229.96-77.08-139.43-229.83-326.96-256.32-105.27-89.80-46.68
Operating Profit Margin (%) 10.8%10.2%-3.1%-7.4%-16.1%-49.5%-35.9%-11.8%-12.2%-7.4%
Other Income 7.6212.878.227.596.876.494.423.451.422.22
Interest 106.21143.84166.11195.24230.43-18.6653.2350.1031.541.70
Depreciation 21.6929.5330.0725.7530.0434.1833.7433.4333.1323.14
Exceptional Items 0-26.6100000-93.09-532.540
Profit Before Tax 60.2442.83-265.05-352.83-483.42-335.99-338.87-278.44-685.58-69.29
Tax 19.9413.91-36.4500000-6.230
Profit After Tax 40.3128.92-228.60-352.83-483.42-335.99-338.87-278.44-679.36-69.29
PAT Margin (%) 2.4%1.3%-9.2%-18.8%-33.8%-50.9%-47.5%-31.2%-92.0%-10.9%
Adjusted EPS (₹)5.02.5-20.1-31.0-42.5-29.5-29.8-24.5-59.7-6.1
Dividend Payout Ratio (%)10%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21

Equity and Liabilities

Shareholders Fund 578.62807.43579.58224.59-259.18-595.72-934.67-1,213.26-1,892.86-1,961.96
Share Capital 80.28113.78113.78113.78113.78113.78113.78113.78113.78113.78
Reserves 498.34693.66465.80110.82-372.96-709.50-1,048.45-1,327.04-2,006.64-2,075.74
Minority Interest0000000000
Debt1,031.401,290.091,907.732,184.872,451.652,215.012,111.891,963.081,201.321,221.07
Long Term Debt434.08606.851,2961,402.221,323.891,118.56971.17835.7774.2774.27
Short Term Debt597.32683.23611.73782.641,127.771,096.451,140.721,127.301,127.051,146.80
Trade Payables230.63389.86333.24425.38366.41376.84217.74214.99302.76283.87
Others Liabilities 216.44312.44114.42190.52394.81543.53663.96809.071,580.601,592.94
Total Liabilities 2,057.092,799.822,934.973,025.362,953.692,539.662,058.911,773.881,191.821,135.91

Fixed Assets

Gross Block655.31657.30666.34666.44925.98902.07902.22902.07901.76901.78
Accumulated Depreciation67.8397.35127.10155.47183.67210.70244.58278.07310.97334.12
Net Fixed Assets587.48559.95539.24510.98742.30691.37657.64624590.80567.66
CWIP 79.78388.83546.47660.88442.79447.28447.96448.10448.12448.13
Investments 63.6970.6377.2579.7479.8580.0977.24000
Inventories649.15892.91788.36845.95644.91366.10120.9391.305861.35
Trade Receivables196.76396.53471.77607.71751.22621.69514.61419.0543.399.01
Cash Equivalents 86.6851.9633.2317.4516.5717.1310.441.652.050.93
Others Assets393.56439478.64302.65276.05316230.09189.7849.4648.82
Total Assets 2,057.092,799.822,934.973,025.362,953.692,539.662,058.911,773.881,191.821,135.91

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21
Cash Flow From Operating Activity -139.70-33.11-287.75-137.611.78371248.77-63.4011.38-23.63
PBT 60.2442.83-265.05-352.83-483.42-335.99-338.87-278.44-685.58-69.29
Adjustment 122.19164.05188.71214.05261.8710.5484.7786.51205.7422.94
Changes in Working Capital -310.69-227.01-209.621.8230.02696.52504.33132.51493.8122.26
Tax Paid -11.44-12.99-1.79-0.62-0.3700-0.16-0.09-0.32
Cash Flow From Investing Activity -250.79-297.99-101-27.84-36.0113.4210.6082.361.341.27
Capex -199.80-313.80-130.79-37.04-42.1212.17-0.830.330.11-0.02
Net Investments -18.81-6.42-6.62-2.492.92011.36-0.28-0.04-0.01
Others -32.1822.2336.4111.693.181.250.0782.311.281.29
Cash Flow From Financing Activity 404.27312.56396155.2536.36-383.30-257.75-28.03-12.3721.24
Net Proceeds from Shares 15020100000000
Net Proceeds from Borrowing 136.91169.0953.3867.32-78.34-205.33-147.390-1,512.870
Interest Paid -105.06-138.78-92.16-69.19-230.43-2.66-10.62-27.05-6.79-0.01
Dividend Paid -2.76-4.0100000000
Others 225.1885.26434.78157.12345.12-175.32-99.74-0.981,507.3021.25
Net Cash Flow 13.78-18.547.25-10.212.131.121.63-9.070.35-1.12
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21
Ratios
ROE (%)8.294.17-32.96-87.75N/AN/AN/AN/AN/AN/A
ROCE (%)12.069.84-4.28-6.35N/AN/AN/AN/AN/AN/A
Asset Turnover Ratio1.020.970.90.660.50.260.320.470.50.54
PAT to CFO Conversion(x)-3.47-1.14N/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days2746619916634628419111415
Inventory Days115119118151182255122433734
Payable Days78897398107197159122172233

Rohit Ferro-Tech Ltd Stock News

Rohit Ferro-Tech Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Rohit Ferro-Tech on 07-Apr-2022 18:02 is ₹28.45.
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 07-Apr-2022 18:02 the market cap of Rohit Ferro-Tech stood at ₹355.3.
The latest P/E ratio of Rohit Ferro-Tech as of 07-Apr-2022 18:02 is 0.00.
The latest P/B ratio of Rohit Ferro-Tech as of 07-Apr-2022 18:02 is -0.18.
The 52-week high of Rohit Ferro-Tech is ₹30.95 and the 52-week low is ₹28.45.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rohit Ferro-Tech is ₹790.3 ( Cr.) .

About Rohit Ferro-Tech Ltd

Rohit Ferro-Tech was incorporated on April 7, 2000 as Rohit Ferro-Tech Private Limited under the Companies Act, 1956. The company subsequently became a public company under the name of Rohit Ferro-Tech Limited with effect from 24th June 2004.

The company belongs to Impex Group having interest in Ferro Alloys. Suresh Kumar Patni, Chairman cum Managing Director, has promoted the company, and is well known in the eastern region ferro alloys industry.

The company was promoted with the intention to set up a Ferro Alloy Plant. The company has carved a niche for itself as a leading producer of High Carbon Ferro Chrome. The company has also got ISO 9001:2000 certifications assuring high standard quality adherence for its products.

A well-differentiated player in the Ferro Alloy manufacturing sector, Rohit Ferro-Tech operates with a vision that inspires, and a business strategy that sustains. An active player in both domestic and international markets, RFTL’s product mix is aimed at catering to the high demand globally as well as maximizing on returns.

RFTL had started it’s operations in October’03 with a Ferro Alloy plant comprising of Two 9 MVA Submerged Arc Furnaces to produce High Carbon Ferro Chrome at Bishnupur in the state of West Bengal. RFTL has added one by one more three furnaces in this Bishnupur unit, and presently this unit is operating Five 9 MVA furnaces to produce 70,000 TPA of Ferro Alloys comprising of High Carbon Ferro Chrome , Silico Manganese and Ferro Manganese.

In 2006, RFTL started operation of another unit in Orissa with four 16.5 MVA Submerged Arc Furnaces at Kalinganagar Industrial Complex, Jajpur to produce 110,000 TPA of Ferro Alloys comprising of High Carbon Ferro Chrome, Silico Manganese & Ferro Manganese. Currently, RFTL is setting up another unit in Haldia, West Bengal to produce 100,000 TPA of ferro manganese/ Silico Manganese by installing Six 9 MVA Submerged Arc Furnaces. It has also planning to add another 50,000 TPA capacity in Orissa by setting up a 33 MVA furnace alongwith a 110 MW Captive Power Plant in Jajpur, Orissa.

Product range of the company:

  • Ferro Alloys produced by the company are as per international / Indian Standard Specifications and used to manufacture mild steel, alloy steel and stainless steel.
  • High Carbon
  • Ferro Chrome (H.C.FeCr)
  • Ferro Manganese (FeMn)
  • Silico Manganese (SiMn) through Submerged Arc Furnace (SAF) route.

Milestones:

  • April 2000 -Incorporation of the company
  • August 2003- IFAPA membership
  • October 2003 -Commercial production of first 2 furnaces
  • June 2004 -Converted into a public limited company
  • August 2004- Accredited ISO 9001:2000 Certificate
  • January 2005 -Awarded One Star Export House Status
  • April 2005- Commercial production of 3rd furnace
  • May 2005 -ICDA Membership
  • 2010 - Commercial Production of Company's new 100% EOU at Haldia started the production from the second furnace.
  • 2011 - Commercial Production for the third and fourth furnace of Company's 100% EOU at Haldia started

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