Past 10 year’s financial track record analysis by Moneyworks4me indicates that On Door Concepts Ltd is a below average quality company.
The key valuation ratios of On Door Concepts Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of On Door Concepts 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'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | -3.7% | -4.9% | 27.5% | 7.4% | - |
| Value Creation Index ⓘ | NA | NA | 1.0 | -0.5 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 183 | 173 | 180 | 234 | 234 |
| Sales YoY Gr. | - | -5.2% | 4.1% | 29.6% | - |
| Adj EPS ⓘ | -27.8 | -28.5 | 10 | 10.8 | 10.7 |
| YoY Gr. | - | NA | NA | 8.3% | - |
| BVPS (₹) ⓘ | -323.5 | -351.9 | 132.5 | 162.9 | 162.9 |
| Adj Net Profit ⓘ | -5.2 | -5.4 | 3.9 | 6.1 | 6 |
| Cash Flow from Ops. ⓘ | -3.8 | 12.2 | 21.4 | -24.9 | - |
| Debt/CF from Ops. ⓘ | -29.2 | 9.2 | 0.1 | -0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 8.5% | 29.6% | ||||
| Adj EPS ⓘ | NA | NA | NA | 8.3% | ||||
| BVPSⓘ | NA | NA | NA | 23% | ||||
| Share Price | - | - | - | 97.7% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 8.6 | 8.5 | -51.2 | 8.5 | 6.6 |
| Op. Profit Mgn % ⓘ | 0.4 | 0.8 | 2.2 | 4.1 | NAN |
| Net Profit Mgn % ⓘ | -2.9 | -3.1 | 2.1 | 2.6 | 2.6 |
| Debt to Equity ⓘ | -1.8 | -1.7 | 0 | 0 | - |
| Working Cap Days ⓘ | 0 | 78 | 82 | 78 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 27 | 19 | 36 | 0 |
Return on Equity has increased versus last 3 years average to 6.60%
Sales growth has been subdued in last 3 years 8.53%
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 (₹) | 10.7 | - |
| TTM Sales (₹ Cr.) | 234 | - |
| BVPS (₹.) ⓘ | 162.9 | - |
| Reserves (₹ Cr.) ⓘ | 86 | - |
| P/BV ⓘ | 2.33 | - |
| PE ⓘ | 35.40 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 214 |
| Equity (₹ Cr.) | 5.7 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 93.5 |
| Pledged * | 0.00 | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 183 | 173 | 180 | 234 |
| Operating Expenses ⓘ | 182 | 172 | 176 | 224 |
| Manufacturing Costs | 3 | 3 | 2 | 1 |
| Material Costs | 150 | 142 | 157 | 206 |
| Employee Cost | 13 | 12 | 6 | 4 |
| Other Costs ⓘ | 15 | 15 | 11 | 14 |
| Operating Profit ⓘ | 1 | 1 | 4 | 9 |
| Operating Profit Margin (%) | 0.4% | 0.8% | 2.2% | 4.1% |
| Other Income ⓘ | 0 | 0 | 0 | 0 |
| Interest ⓘ | 4 | 3 | 1 | 0 |
| Depreciation ⓘ | 3 | 4 | 3 | 4 |
| Exceptional Items ⓘ | 0 | 0 | 13 | 0 |
| Profit Before Tax ⓘ | -5 | -6 | 13 | 5 |
| Tax ⓘ | 0 | 0 | 0 | -1 |
| Profit After Tax | -5 | -5 | 13 | 6 |
| PAT Margin (%) | -2.9% | -3.1% | 7.1% | 2.6% |
| Adjusted EPS (₹) | -27.8 | -28.5 | 33.1 | 10.7 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | -61 | -66 | 51 | 92 | ||||||
| Share Capital ⓘ | 2 | 2 | 4 | 6 | ||||||
| Reserves ⓘ | -63 | -68 | 47 | 86 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 112 | 112 | 1 | 1 | ||||||
| Long Term Debt | 111 | 111 | 0 | 0 | ||||||
| Short Term Debt | 0 | 0 | 1 | 1 | ||||||
| Trade Payables | 13 | 18 | 27 | 12 | ||||||
| Others Liabilities ⓘ | 1 | 13 | 10 | 7 | ||||||
| Total Liabilities ⓘ | 65 | 77 | 89 | 112 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 44 | 51 | 66 | 69 | ||||||
| Accumulated Depreciation | 13 | 15 | 18 | 22 | ||||||
| Net Fixed Assetsⓘ | 31 | 36 | 48 | 47 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | ||||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | ||||||
| Inventories | 23 | 30 | 25 | 34 | ||||||
| Trade Receivables | 1 | 2 | 11 | 16 | ||||||
| Cash Equivalents | 0 | 0 | 1 | 7 | ||||||
| Others Assetsⓘ | 9 | 8 | 5 | 9 | ||||||
| Total Assets ⓘ | 65 | 77 | 89 | 112 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -4 | 12 | 21 | -25 |
| PBT ⓘ | -5 | -6 | 13 | 5 |
| Adjustment ⓘ | 6 | 7 | 4 | 4 |
| Changes in Working Capital ⓘ | -5 | 11 | 5 | -34 |
| Tax Paid ⓘ | 0 | 0 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | -7 | -8 | -14 | -4 |
| Capex | -7 | -9 | -15 | -3 |
| Net Investments | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 1 | 0 |
| Cash Flow From Financing Activityⓘ | 9 | -3 | -8 | 35 |
| Net Proceeds from Shares ⓘ | 10 | 0 | 104 | 39 |
| Net Proceeds from Borrowing ⓘ | 3 | 0 | -111 | 0 |
| Interest Paid ⓘ | -4 | -3 | -1 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | -4 |
| Net Cash Flow ⓘ | -1 | 0 | 0 | 6 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | N/A | N/A | 0 | 8.46 | ||||||
| ROCE (%) | N/A | N/A | 27.49 | 7.4 | ||||||
| Asset Turnover Ratio | 2.8 | 2.44 | 2.17 | 2.32 | ||||||
| PAT to CFO Conversion(x) | N/A | N/A | 1.62 | -4.17 | Working Capital Days | |||||
| Receivable Days | 2 | 3 | 13 | 21 | ||||||
| Inventory Days | 47 | 56 | 55 | 46 | ||||||
| Payable Days | 31 | 40 | 52 | 34 | ||||||
On Door Concepts was originally incorporated as a private limited company under the Companies Act, 2013 pursuant to a certificate of incorporation issued by the Registrar of Companies, Gwalior dated December 15, 2014 with the name ‘On Door Concepts Private Limited’. The company was converted into to a public limited company and the name of the company was changed to ‘On Door Concepts Limited’ by a fresh Certificate of Incorporation consequent upon conversion to public limited was issued on May 01, 2023 by the Registrar of Companies, Gwalior.
The company is engaged in the business of retailing household and consumer products through e-commerce platform and departmental stores. The company is a fast-upcoming regional Omni-channel retailer of groceries and household essentials. The company has the advantage of being one of early entrants in the supermarket industry to offer the convenience of both the colony stores as well as hyperlocal home delivery through online orders, most of its stores in the respective areas fulfil the on-line orders from their respective shelves.
On and average, its stores are in the format of colony convenience stores ranging from a size of 200 sq. ft. to 3500 sq. ft. depending upon the sales potential in the respective area, availability & layout of retail space of the area, number of online orders to be fulfilled from that store and assortment required for the catchment area of the store. The online orders that get allocated to the store get fulfilled completely by the store inventory. This is controlled by the use of technology that has the real-time visibility of the store inventory. The products shown to the consumers on its website and mobile app (On door - Online Grocery Shoppi) are only those products, which are available in the store mapped to their delivery location.
Business area of the company
The company is engaged in the business of retailing household and consumer products through e-commerce platform and departmental stores.
History and milestones
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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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