BANCO PRODUCTS has announced its results for the year ended March 2021. Let us have a look at the detailed performance review of the company during FY20-21.
No. of Mths Year Ending | 12 Mar-20* | 12 Mar-21* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 14,221 | 15,326 | 7.8% |
Other income | Rs m | 252 | 90 | -64.1% |
Total Revenues | Rs m | 14,472 | 15,416 | 6.5% |
Gross profit | Rs m | 1,222 | 1,781 | 45.8% |
Depreciation | Rs m | 328 | 337 | 2.8% |
Interest | Rs m | 31 | 36 | 16.9% |
Profit before tax | Rs m | 1,115 | 1,498 | 34.4% |
Tax | Rs m | 349 | 361 | 3.5% |
Profit after tax | Rs m | 766 | 1,137 | 48.5% |
Gross profit margin | % | 8.6 | 11.6 | |
Effective tax rate | % | 31.3 | 24.1 | |
Net profit margin | % | 5.4 | 7.4 |
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No. of Mths Year Ending | 12 Mar-20* | 12 Mar-21* | % Change | |
---|---|---|---|---|
Networth | Rs m | 7,100 | 8,284 | 16.7 |
Current Liabilities | Rs m | 3,182 | 3,068 | -3.6 |
Long-term Debt | Rs m | 62 | 59 | -4.7 |
Total Liabilities | Rs m | 10,885 | 11,867 | 9.0 |
Current assets | Rs m | 8,578 | 9,838 | 14.7 |
Fixed Assets | Rs m | 2,308 | 2,029 | -12.1 |
Total Assets | Rs m | 10,885 | 11,867 | 9.0 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-20 | Mar-21 | ||
Cash Flow from Operating Activities | Rs m | 521 | 1,568 | 200.9% |
Cash Flow from Investing Activities | Rs m | 1,495 | -587 | - |
Cash Flow from Financing Activities | Rs m | -1,525 | -782 | - |
Net Cash Flow | Rs m | 491 | 199 | -59.4% |
No. of Mths Year Ending | 12 Mar-20* | 12 Mar-21* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 198.8 | 214.3 |
TTM Earnings per share | Rs | 10.7 | 15.9 |
Diluted earnings per share | Rs | 10.7 | 15.9 |
Price to Cash Flow | x | 4.3 | 5.7 |
TTM P/E ratio | x | 6.1 | 8.8 |
Price / Book Value ratio | x | 1.1 | 1.0 |
Market Cap | Rs m | 7,681 | 8,400 |
Dividends per share (Unadj.) | Rs | 20.0 | 2.0 |
Current Ratio: The company's current ratio improved and stood at 3.2x during FY21, from 2.7x during FY20. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio improved and stood at 42.4x during FY21, from 37.0x during FY20. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company improved and stood at 13.7% during FY21, from 10.8% during FY21. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company improved and stood at 18.4% during FY21, from 16.0% during FY20. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company improved and stood at 9.9% during FY21, from 7.3% during FY20. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-20* | 12 Mar-21* | |
---|---|---|---|
Current ratio | x | 2.7 | 3.2 |
Debtors’ Days | Days | 754 | 644 |
Interest coverage | x | 37.0 | 42.4 |
Debt to equity ratio | x | 0.0 | 0.0 |
Return on assets | % | 7.3 | 9.9 |
Return on equity | % | 10.8 | 13.7 |
Return on capital employed | % | 16.0 | 18.4 |
To see how BANCO PRODUCTS has performed over the last 5 years, please visit here.
Over the last one year, BANCO PRODUCTS share price has moved up from Rs 65.1 to Rs 140.6, registering a gain of Rs 75.5 or around 116.0%.
Overall, the S&P BSE SENSEX is up 74.1% over the year.
(To know more, check out historical annual results for BANCO PRODUCTS and quarterly results for BANCO PRODUCTS)
BANCO PRODUCTS currently trades at Rs 594.8 per share. You can check out the latest share price performance of BANCO PRODUCTS here...
The revenues of BANCO PRODUCTS stood at Rs 15,416 m in FY21, which was up 6.5% compared to Rs 14,472 m reported in FY20.
BANCO PRODUCTS' revenue has grown from Rs 12,097 m in FY17 to Rs 15,416 m in FY21.
Over the past 5 years, the revenue of BANCO PRODUCTS has grown at a CAGR of 6.2%.
The net profit of BANCO PRODUCTS stood at Rs 1,137 m in FY21, which was up 48.5% compared to Rs 766 m reported in FY20.
This compares to a net profit of Rs 691 m in FY19 and a net profit of Rs 1,168 m in FY18.
Over the past 5 years, BANCO PRODUCTS net profit has grown at a CAGR of 4.0%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of BANCO PRODUCTS reveals:
Here's the cash flow statement of BANCO PRODUCTS for the past 5 years.
(Rs m) | FY17 | FY18 | FY19 | FY20 | FY21 |
---|---|---|---|---|---|
From Operations | 903 | 990 | 624 | 521 | 1,568 |
From Investments | -587 | -222 | -516 | 1,495 | -587 |
From Financial Activity | -615 | -679 | -494 | -1,525 | -782 |
Net Cashflow | -298 | 89 | -386 | 491 | 199 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of BANCO PRODUCTS reveals:
Here's the ratio/financial analysis of BANCO PRODUCTS for the past 5 years.
FY17 | FY18 | FY19 | FY20 | FY21 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 12.2 | 10.3 | 10.1 | 8.6 | 11.6 |
Net Profit Margin (%) | 8.3 | 8.8 | 4.3 | 5.4 | 7.4 |
Debt to Equity Ratio (x) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Read: Latest Annual Report Analysis of BANCO PRODUCTS
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