Afloat Enterprises Ltd - Stock Valuation and Financial Performance

BSE: 543377 | NSE: | Trading | Small Cap

Afloat Enterprises Share Price

11.55 0.00 0.00%
as on 29-Nov'24 16:59

DeciZen - make an informed investing decision on Afloat Enterprises

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Afloat Enterprises stock performance -

mw4me loader
P/E Ratio (SA):
189.44
Market Cap:
5.3 Cr.
52-wk low:
8.6
52-wk high:
16

Is Afloat Enterprises Ltd an attractive stock to invest in?

1. Is Afloat Enterprises Ltd a good quality company?

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

2. Is Afloat Enterprises Ltd undervalued or overvalued?

The key valuation ratios of Afloat Enterprises Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Afloat Enterprises Ltd a good buy now?

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

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.
Afloat Enterprises 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'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % -4.7%85%-0.6%0.2%3.3%1.9%2.3%-
Value Creation
Index
-1.35.1-1.0-1.0-0.8-0.9-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 001111.363.71.92
Sales YoY Gr.-NA36,400%3%-47%-37.5%-49.5%-
Adj EPS 4.119.1-0.1000.20.10.1
YoY Gr.-365.6%-100.4%NA100%700%-62.5%-
BVPS (₹) -4.11510.9111111.211.211.2
Adj Net
Profit
000000.100
Cash Flow from Ops. 00-2.94.6-3-0.3-0.4-
Debt/CF from Ops. -52.21-00000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA129%-44.9%-49.5%
Adj EPS NA-68.4%81.7%-62.5%
BVPSNA-5.6%0.8%0.5%
Share Price - - 8.7% 4.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-99.7351.8-1.40.10.21.50.60.5
Op. Profit
Mgn %
095.8-0.1-0.7-3.5-5.4-16.8NAN
Net Profit
Mgn %
070.7-0.200.221.51.5
Debt to
Equity
-6.11.700000-
Working Cap
Days
01581532403335191,0150
Cash Conv.
Cycle
0022-28-66881020

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 81.71%

Return on Equity has declined versus last 3 years average to 0.50%

Sales growth has been subdued in last 3 years -44.87%

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

Latest Financials - Afloat Enterprises Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 -
TTM Sales (₹ Cr.) 1.9 -
BVPS (₹.) 11.2 -
Reserves (₹ Cr.) 1 -
P/BV 1.03 -
PE 189.44 -
From the Market
52 Week Low / High (₹) 8.56 / 16.00
All Time Low / High (₹) 5.40 / 16.00
Market Cap (₹ Cr.) 5.3
Equity (₹ Cr.) 4.6
Face Value (₹) 10
Industry PE 62.3

Management X-Ray of Afloat Enterprises:

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 Afloat Enterprises

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales00.0310.9511.285.983.741.89
Operating Expenses 0010.9611.366.183.952.20
Manufacturing Costs0000000
Material Costs0010.7610.965.713.621.85
Employee Cost 000.030.160.200.230.15
Other Costs 000.170.240.280.090.20
Operating Profit 00.03-0.01-0.07-0.21-0.20-0.32
Operating Profit Margin (%) -95.8%-0.1%-0.6%-3.5%-5.4%-16.8%
Other Income 0000.100.370.320.44
Interest 00000.1500.04
Depreciation 0000.020.030.020.01
Exceptional Items 0000000
Profit Before Tax 00.03-0.010.01-0.020.100.08
Tax -0.010.010.010-0.030.020.05
Profit After Tax 00.02-0.0200.010.070.03
PAT Margin (%) -70.7%-0.2%0.0%0.2%2.0%1.5%
Adjusted EPS (₹)4.119.1-0.10.00.00.20.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 00.012.9935.015.085.11
Share Capital 0.010.012.742.744.564.564.56
Reserves -0.0100.260.260.450.520.55
Minority Interest0000000
Debt0.030.030.020000
Long Term Debt0.030.030.020000
Short Term Debt0000000
Trade Payables006.313.310.340.310
Others Liabilities 00.010.040.02-0.010.030.04
Total Liabilities 0.020.059.366.335.345.425.16

Fixed Assets

Gross Block0000.070.080.090.09
Accumulated Depreciation0000.020.050.070.08
Net Fixed Assets0000.050.030.010.01
CWIP 0000000
Investments 0000000
Inventories00000.1700
Trade Receivables0.010.017.670.300.951.350
Cash Equivalents 0.010.030.180.640.050.030.02
Others Assets00.011.515.344.144.025.12
Total Assets 0.020.059.366.335.345.425.16

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 00.03-2.854.60-3.02-0.33-0.39
PBT 00.03-0.010.01-0.020.100.08
Adjustment 000-0.08-0.34-0.25-0.37
Changes in Working Capital 00-2.844.69-2.64-0.18-0.06
Tax Paid 00-0.01-0.02-0.020.01-0.04
Cash Flow From Investing Activity 000-4.120.420.320.38
Capex 000-0.07-0.0100
Net Investments 0000000
Others 000-4.050.440.320.38
Cash Flow From Financing Activity -0.0203-0.02200
Net Proceeds from Shares 00301.8200
Net Proceeds from Borrowing -0.020-0.010000
Interest Paid 0000000
Dividend Paid 0000000
Others 000-0.020.1800
Net Cash Flow -0.020.030.140.46-0.59-0.01-0.01
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)N/A351.77-1.420.110.231.450.55
ROCE (%)N/A84.99-0.580.193.311.922.33
Asset Turnover Ratio00.872.331.441.020.70.36
PAT to CFO Conversion(x)N/A1.5N/AN/A-302-4.71-13
Working Capital Days
Receivable Days082128129381120
Inventory Days00001000
Payable Days00214160117330

Afloat Enterprises Ltd Stock News

Afloat Enterprises Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Afloat Enterprises on 29-Nov-2024 16:59 is ₹11.55.
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 29-Nov-2024 16:59 the market cap of Afloat Enterprises stood at ₹5.26.
The latest P/E ratio of Afloat Enterprises as of 29-Nov-2024 16:59 is 189.4.
The latest P/B ratio of Afloat Enterprises as of 29-Nov-2024 16:59 is 1.03.
The 52-week high of Afloat Enterprises is ₹16.00 and the 52-week low is ₹8.56.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Afloat Enterprises is ₹1.89 ( Cr.) .

About Afloat Enterprises Ltd

Adishakti Loha and Ispat is engaged in the business of trading in metals with its core focus on trading in Iron and Steel. Initially the company was incorporated with the object of managing, undertaking, carrying on and engaging in the business of Real Estate Development, Land Development and associated activities. The company altered the main object clause of its Memorandum of Association vide shareholders resolution dated June 10, 2019, to enable it to pursue the business of trading in metals. The company operates as an intermediary to its customers. It is currently serving the corporate and other clients. It works on a B2B model and the procurement of goods is carried out by it on order basis, owing to which it does not maintain any inventory as the goods are supplied directly from supplier to its customer.

Business area of the company

The company is engaged in the business of trading in metals with its core focus on trading in Iron and Steel.

Major events

  • 2015: Incorporated as Private Limited Company under the Companies Act, 2013 in the name of ‘Aawas Infratech’.
  • 2019: Alteration of the Main Object Clause of the Company to permit the Company to carry on the activities pertaining to trading in Iron and Steel.
  • 2019: Change in name of the Company from ‘Aawas Infratech Private Limited’ to ‘Adishakti Loha and Ispat Private Limited’.2020: Rights Issue of 27,28,000 Equity Shares by the Company.
  • 2020: Conversion of the Company from Private Limited to Public Limited and subsequent change in name of the Company by deletion of the word Private therefrom.
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