Past 10 year’s financial track record analysis by Moneyworks4me indicates that Patron Exim Ltd is a below average quality company.
The key valuation ratios of Patron Exim 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 Patron Exim 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'23 | Mar'24 | TTM | |
|---|---|---|---|
| ROCE % ⓘ | 5.1% | 2.3% | - |
| Value Creation Index ⓘ | -0.6 | -0.8 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||
| Sales ⓘ | 13 | 6.6 | 7 |
| Sales YoY Gr. | - | -49.2% | - |
| Adj EPS ⓘ | 0.6 | 0.3 | 0.3 |
| YoY Gr. | - | -51.7% | - |
| BVPS (₹) ⓘ | 16.6 | 16.9 | 16.9 |
| Adj Net Profit ⓘ | 1.4 | 0.7 | 1 |
| Cash Flow from Ops. ⓘ | -22.8 | -0.3 | - |
| Debt/CF from Ops. ⓘ | 0 | -1 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | NA | -49.2% | ||||
| Adj EPS ⓘ | NA | NA | NA | -51.7% | ||||
| BVPSⓘ | NA | NA | NA | 1.7% | ||||
| Share Price | - | - | - | -9.9% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'23 | Mar'24 | TTM | |
|---|---|---|---|
| Return on Equity % ⓘ | 3.6 | 1.7 | 1.7 |
| Op. Profit Mgn % ⓘ | -30.7 | -41.7 | NAN |
| Net Profit Mgn % ⓘ | 10.7 | 10.1 | 10.2 |
| Debt to Equity ⓘ | 0 | 0 | - |
| Working Cap Days ⓘ | 0 | 1,828 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 738 | 0 |
No data to display
Return on Equity has declined versus last 3 years average to 1.70%
Sales growth has been subdued in last 3 years 0.00%
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 0.3 | - |
| TTM Sales (₹ Cr.) | 6.6 | - |
| BVPS (₹.) ⓘ | 16.9 | - |
| Reserves (₹ Cr.) ⓘ | 16 | - |
| P/BV ⓘ | 0.45 | - |
| PE ⓘ | 26.63 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 7.12 / 13.95 |
| All Time Low / High (₹) | 6.85 / 28.40 |
| Market Cap (₹ Cr.) | 17.7 |
| Equity (₹ Cr.) | 23.2 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 62.3 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'23 | Mar'24 |
|---|---|---|
| Sales | 12.95 | 6.58 |
| Operating Expenses ⓘ | 16.93 | 9.32 |
| Manufacturing Costs | 0.04 | 0.03 |
| Material Costs | 13.41 | 2.78 |
| Employee Cost | 0.16 | 0.09 |
| Other Costs ⓘ | 3.32 | 6.42 |
| Operating Profit ⓘ | -3.97 | -2.74 |
| Operating Profit Margin (%) | -30.7% | -41.7% |
| Other Income ⓘ | 5.93 | 3.65 |
| Interest ⓘ | 0 | 0 |
| Depreciation ⓘ | 0.01 | 0 |
| Exceptional Items ⓘ | 0 | 0 |
| Profit Before Tax ⓘ | 1.95 | 0.90 |
| Tax ⓘ | 0.57 | 0.23 |
| Profit After Tax | 1.38 | 0.67 |
| PAT Margin (%) | 10.7% | 10.1% |
| Adjusted EPS (₹) | 0.6 | 0.3 |
| Dividend Payout Ratio (%) | 0% | 0% |
| PARTICULARS | Mar'23 | Mar'24 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 38.47 | 39.14 | ||||||||
| Share Capital ⓘ | 23.18 | 23.18 | ||||||||
| Reserves ⓘ | 15.29 | 15.96 | ||||||||
| Minority Interest | 0 | 0 | ||||||||
| Debt | 0.03 | 0.26 | ||||||||
| Long Term Debt | 0 | 0 | ||||||||
| Short Term Debt | 0.03 | 0.26 | ||||||||
| Trade Payables | -0.88 | 4.78 | ||||||||
| Others Liabilities ⓘ | 0.86 | 1.15 | ||||||||
| Total Liabilities ⓘ | 38.48 | 45.33 | ||||||||
Fixed Assets | ||||||||||
| Gross Block | 0.03 | 0.03 | ||||||||
| Accumulated Depreciation | 0.01 | 0.02 | ||||||||
| Net Fixed Assetsⓘ | 0.01 | 0.01 | ||||||||
| CWIP ⓘ | 0 | 0 | ||||||||
| Investmentsⓘ | 8.67 | 8.67 | ||||||||
| Inventories | 3.30 | 2.36 | ||||||||
| Trade Receivables | 13.97 | 10.13 | ||||||||
| Cash Equivalents | 0.30 | 0.27 | ||||||||
| Others Assetsⓘ | 12.22 | 23.89 | ||||||||
| Total Assets ⓘ | 38.48 | 45.33 | ||||||||
| PARTICULARS | Mar'23 | Mar'24 |
|---|---|---|
| Cash Flow From Operating Activity ⓘ | -22.81 | -0.26 |
| PBT ⓘ | 1.95 | 0.90 |
| Adjustment ⓘ | 0.01 | 0 |
| Changes in Working Capital ⓘ | -24.2 | -0.94 |
| Tax Paid ⓘ | -0.57 | -0.23 |
| Cash Flow From Investing Activity ⓘ | -8.68 | 0 |
| Capex | -0.01 | 0 |
| Net Investments | -8.67 | 0 |
| Others ⓘ | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 31.78 | 0.23 |
| Net Proceeds from Shares ⓘ | 31.75 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 |
| Interest Paid ⓘ | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 |
| Others ⓘ | 0.03 | 0.23 |
| Net Cash Flow ⓘ | 0.29 | -0.04 |
| PARTICULARS | Mar'23 | Mar'24 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 3.6 | 1.72 | ||||||||
| ROCE (%) | 5.07 | 2.31 | ||||||||
| Asset Turnover Ratio | 0.34 | 0.16 | ||||||||
| PAT to CFO Conversion(x) | -16.53 | -0.39 | Working Capital Days | |||||||
| Receivable Days | 394 | 669 | ||||||||
| Inventory Days | 93 | 157 | ||||||||
| Payable Days | -24 | 256 | ||||||||
Patron Exim was originally formed and registered as a partnership firm under the Partnership Act, 1932 (Partnership Act) in the name and style of “M/s Arvind Traders”, pursuant to a deed of partnership dated April 01, 1982. Subsequently, the constitution of the partnership firm was changed pursuant to partnership deed dated April 01, 1992, April 01, 1994 and May 16, 2015. M/s. Arvind Traders' was thereafter converted from a partnership firm to a private limited company under Part I chapter XXI of the Companies Act, 2013 in the name of “Patron Exim Private Limited” and received a Certificate of Incorporation dated August 24, 2022 from the Assistant Registrar of Companies, Central Registration Centre, the company was converted in to a public limited Company pursuant to a special resolution passed by its shareholders at the EGM held on October 10, 2022 and consequently the name of the company was changed to “Patron Exim Limited” and a fresh certificate of incorporation was issued by the Registrar of Companies, Ahmedabad, dated December 2, 2022.
The company’s Promoter, Narendrakumar Gangaramdas Patel, with his keen knowledge and marketing skills has expanded the business in the trading of not only APIs and other range of pharmaceutical raw material but also in the various industrial use of chemicals in 2019. The continued expansion of the business leads the promoter to convert the partnership firm into the company.
Business area of the company
The company is engaged in the trading and distribution of wide range of pharmaceutical raw material which is also known as APIs (Active Pharmaceutical Ingredients), industrial chemical, excipient and solvents. Presently, the company’s product portfolio comprises various AIPs, Excipient, Pharma Chemical & Intermediates. The company is also in the trading of variety of chemicals, such as, Petrochemicals, Dyes & Pigment Chemicals, Paints & Speciality Chemical, Agro Chemicals, Oil & Refinery Chemicals, Foam & Adhesive, Plywood & Laminates Chemical. The range of Chemicals also includes food industry & water treatment chemicals, resins & plastics chemicals, polymers and additives etc.
Products of the company
Awards, accreditations or recognition
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
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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