AGRO TECH FOODS 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 | 8,355 | 8,925 | 6.8% |
Other income | Rs m | 35 | 49 | 38.0% |
Total Revenues | Rs m | 8,390 | 8,974 | 7.0% |
Gross profit | Rs m | 583 | 584 | 0.1% |
Depreciation | Rs m | 194 | 186 | -4.0% |
Interest | Rs m | 19 | 18 | -0.5% |
Profit before tax | Rs m | 406 | 428 | 5.4% |
Tax | Rs m | 68 | 116 | 70.2% |
Profit after tax | Rs m | 338 | 313 | -7.6% |
Gross profit margin | % | 7.0 | 6.5 | |
Effective tax rate | % | 16.7 | 27.0 | |
Net profit margin | % | 4.1 | 3.5 |
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No. of Mths Year Ending | 12 Mar-20* | 12 Mar-21* | % Change | |
---|---|---|---|---|
Networth | Rs m | 3,939 | 4,220 | 7.2 |
Current Liabilities | Rs m | 690 | 842 | 22.1 |
Long-term Debt | Rs m | 38 | 0 | -100.0 |
Total Liabilities | Rs m | 5,049 | 5,434 | 7.6 |
Current assets | Rs m | 2,076 | 2,153 | 3.7 |
Fixed Assets | Rs m | 2,973 | 3,282 | 10.4 |
Total Assets | Rs m | 5,049 | 5,434 | 7.6 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-20 | Mar-21 | ||
Cash Flow from Operating Activities | Rs m | 429 | 624 | 45.6% |
Cash Flow from Investing Activities | Rs m | -435 | -425 | - |
Cash Flow from Financing Activities | Rs m | 6 | -131 | - |
Net Cash Flow | Rs m | 6 | 66 | 953.8% |
No. of Mths Year Ending | 12 Mar-20* | 12 Mar-21* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 342.8 | 366.2 |
TTM Earnings per share | Rs | 13.9 | 12.8 |
Diluted earnings per share | Rs | 13.9 | 12.8 |
Price to Cash Flow | x | 17.5 | 32.3 |
TTM P/E ratio | x | 27.6 | 65.3 |
Price / Book Value ratio | x | 3.4 | 3.8 |
Market Cap | Rs m | 13,258 | 16,112 |
Dividends per share (Unadj.) | Rs | 3.0 | 3.0 |
Current Ratio: The company's current ratio deteriorated and stood at 2.6x during FY21, from 3.0x 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 24.2x during FY21, from 22.9x 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 declined and down at 7.4% during FY21, from 8.6% 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 declined and down at 10.6% during FY21, from 10.7% 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 declined and down at 6.1% during FY21, from 7.1% 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 | 3.0 | 2.6 |
Debtors’ Days | Days | 33 | 15 |
Interest coverage | x | 22.9 | 24.2 |
Debt to equity ratio | x | 0.0 | 0.0 |
Return on assets | % | 7.1 | 6.1 |
Return on equity | % | 8.6 | 7.4 |
Return on capital employed | % | 10.7 | 10.6 |
To see how AGRO TECH FOODS has performed over the last 5 years, please visit here.
Over the last one year, AGRO TECH FOODS share price has moved up from Rs 383.2 to Rs 838.4, registering a gain of Rs 455.2 or around 118.8%.
Overall, the S&P BSE SENSEX is up 74.1% over the year.
(To know more, check out historical annual results for AGRO TECH FOODS and quarterly results for AGRO TECH FOODS)
AGRO TECH FOODS currently trades at Rs 675.9 per share. You can check out the latest share price performance of AGRO TECH FOODS here...
The revenues of AGRO TECH FOODS stood at Rs 8,974 m in FY21, which was up 7.0% compared to Rs 8,390 m reported in FY20.
AGRO TECH FOODS' revenue has grown from Rs 8,019 m in FY17 to Rs 8,974 m in FY21.
Over the past 5 years, the revenue of AGRO TECH FOODS has grown at a CAGR of 2.9%.
The net profit of AGRO TECH FOODS stood at Rs 313 m in FY21, which was down -7.6% compared to Rs 338 m reported in FY20.
This compares to a net profit of Rs 343 m in FY19 and a net profit of Rs 316 m in FY18.
Over the past 5 years, AGRO TECH FOODS net profit has grown at a CAGR of 3.1%.
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 AGRO TECH FOODS reveals:
Here's the cash flow statement of AGRO TECH FOODS for the past 5 years.
(Rs m) | FY17 | FY18 | FY19 | FY20 | FY21 |
---|---|---|---|---|---|
From Operations | 995 | 604 | 313 | 429 | 624 |
From Investments | -138 | -380 | -374 | -435 | -425 |
From Financial Activity | -820 | -144 | 13 | 6 | -131 |
Net Cashflow | 30 | 76 | -42 | 6 | 66 |
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 AGRO TECH FOODS reveals:
Here's the ratio/financial analysis of AGRO TECH FOODS for the past 5 years.
FY17 | FY18 | FY19 | FY20 | FY21 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 8.2 | 8.2 | 7.9 | 7.0 | 6.5 |
Net Profit Margin (%) | 3.5 | 3.9 | 4.2 | 4.1 | 3.5 |
Debt to Equity Ratio (x) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Read: Latest Annual Report Analysis of AGRO TECH FOODS
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