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INNOVENTIVE INDUSTRIES vs TATA SPONGE - Comparison Results

INNOVENTIVE INDUSTRIES     Change

Innoventive Industries Limited is a well diversified engineering product company. The company is in the business of manufacturing engineering products such as Electric Resistance Welded tubes (ERW) and Cold Drawn Electric Welded Tubes (CEW), also kno... More

TATA SPONGE 
   Change

Tata Sponge Iron Ltd. (TSIL) is India's leading sponge iron manufacturer with operations in Orissa. The company was initially set up as a joint venture company between Tata Steel and the Industrial Promotion and Investment Corporation of Orissa Ltd. ... More

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Current Valuations

    INNOVENTIVE INDUSTRIES TATA SPONGE INNOVENTIVE INDUSTRIES/
TATA SPONGE
 
P/E (TTM) x -0.1 6.1 - View Chart
P/BV x 0.0 0.7 7.0% View Chart
Dividend Yield % 23.8 2.5 937.1%  

Financials

 INNOVENTIVE INDUSTRIES   TATA SPONGE
EQUITY SHARE DATA
    INNOVENTIVE INDUSTRIES
Mar-13
TATA SPONGE
Mar-19
INNOVENTIVE INDUSTRIES/
TATA SPONGE
5-Yr Chart
Click to enlarge
High Rs1481,248 11.9%   
Low Rs93660 14.1%   
Sales per share (Unadj.) Rs138.1644.2 21.4%  
Earnings per share (Unadj.) Rs10.780.8 13.3%  
Cash flow per share (Unadj.) Rs17.988.3 20.3%  
Dividends per share (Unadj.) Rs1.0012.50 8.0%  
Dividend yield (eoy) %0.81.3 63.3%  
Book value per share (Unadj.) Rs85.6703.7 12.2%  
Shares outstanding (eoy) m59.6415.40 387.3%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x0.91.5 59.0%   
Avg P/E ratio x11.211.8 95.2%  
P/CF ratio (eoy) x6.710.8 62.3%  
Price / Book Value ratio x1.41.4 104.0%  
Dividend payout %9.315.5 60.2%   
Avg Mkt Cap Rs m7,19314,692 49.0%   
No. of employees `000NA0.4 0.0%   
Total wages/salary Rs m517449 115.2%   
Avg. sales/employee Rs ThNM25,767.5-  
Avg. wages/employee Rs ThNM1,165.5-  
Avg. net profit/employee Rs ThNM3,230.9-  
INCOME DATA
Net Sales Rs m8,2379,921 83.0%  
Other income Rs m232577 40.2%   
Total revenues Rs m8,46910,498 80.7%   
Gross profit Rs m1,9821,447 137.0%  
Depreciation Rs m429116 370.0%   
Interest Rs m81630 2,701.7%   
Profit before tax Rs m9701,878 51.6%   
Minority Interest Rs m-650-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m265634 41.8%   
Profit after tax Rs m6401,244 51.4%  
Gross profit margin %24.114.6 165.0%  
Effective tax rate %27.433.8 81.0%   
Net profit margin %7.812.5 61.9%  
BALANCE SHEET DATA
Current assets Rs m5,5076,962 79.1%   
Current liabilities Rs m4,8692,107 231.1%   
Net working cap to sales %7.848.9 15.8%  
Current ratio x1.13.3 34.2%  
Inventory Days Days14742 346.3%  
Debtors Days Days2929 99.5%  
Net fixed assets Rs m7,3532,277 322.9%   
Share capital Rs m596154 387.3%   
"Free" reserves Rs m4,48010,682 41.9%   
Net worth Rs m5,10310,836 47.1%   
Long term debt Rs m2,2830-   
Total assets Rs m13,58513,245 102.6%  
Interest coverage x2.263.2 3.5%   
Debt to equity ratio x0.40-  
Sales to assets ratio x0.60.7 80.9%   
Return on assets %10.79.6 111.4%  
Return on equity %12.511.5 109.2%  
Return on capital %23.317.6 132.3%  
Exports to sales %5.80-   
Imports to sales %1.50-   
Exports (fob) Rs m479NA-   
Imports (cif) Rs m127NA-   
Fx inflow Rs m4970-   
Fx outflow Rs m2613,215 8.1%   
Net fx Rs m236-3,215 -7.3%   
CASH FLOW
From Operations Rs m5971,003 59.5%  
From Investments Rs m-1,197-124 962.7%  
From Financial Activity Rs m616-371 -165.9%  
Net Cashflow Rs m16507 3.2%  

Share Holding

Indian Promoters % 45.4 54.5 83.3%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 14.5 2.9 500.0%  
FIIs % 14.5 9.2 157.6%  
ADR/GDR % 0.0 0.0 -  
Free float % 25.6 33.3 76.9%  
Shareholders   5,582 26,658 20.9%  
Pledged promoter(s) holding % 86.9 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare INNOVENTIVE INDUSTRIES With:   PRAKASH INDUSTRIES  SAIL  GANDHI SPECIAL TUBES  JINDAL STAINLESS  ELECTROSTEEL CAST  

Compare INNOVENTIVE INDUSTRIES With:   NIPPON STEEL (Japan)  GERDAU (Brazil)  BAOSTEEL (China)  ARCELOR M. (Luxemb.)  



Today's Market

Sensex Ends 305 Points Lower; FMCG and Finance Stocks Witness Huge Selling(Closing)

India share markets continued to witness selling pressure during closing hours and ended their day deep in the red.

Related Views on News

TATA SPONGE 2018-19 Annual Report Analysis (Annual Result Update)

Jun 27, 2019 | Updated on Jun 27, 2019

Here's an analysis of the annual report of TATA SPONGE for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of TATA SPONGE. Also includes updates on the valuation of TATA SPONGE.

TATA SPONGE Announces Quarterly Results (4QFY19); Net Profit Down 47.8% (Quarterly Result Update)

Apr 22, 2019 | Updated on Apr 22, 2019

For the quarter ended March 2019, TATA SPONGE has posted a net profit of Rs 244 m (down 47.8% YoY). Sales on the other hand came in at Rs 3 bn (up 4.3% YoY). Read on for a complete analysis of TATA SPONGE's quarterly results.

TATA SPONGE Announces Quarterly Results (3QFY19); Net Profit Down 25.5% (Quarterly Result Update)

Jan 14, 2019 | Updated on Jan 14, 2019

For the quarter ended December 2018, TATA SPONGE has posted a net profit of Rs 268 m (down 25.5% YoY). Sales on the other hand came in at Rs 3 bn (up 21.6% YoY). Read on for a complete analysis of TATA SPONGE's quarterly results.

TATA SPONGE 2017-18 Annual Report Analysis (Annual Result Update)

Dec 21, 2018 | Updated on Dec 21, 2018

Here's an analysis of the annual report of TATA SPONGE for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of TATA SPONGE. Also includes updates on the valuation of TATA SPONGE.

TATA SPONGE Announces Quarterly Results (4QFY18); Net Profit Up 120.2% (Quarterly Result Update)

Jul 20, 2018 | Updated on Jul 20, 2018

For the quarter ended March 2018, TATA SPONGE has posted a net profit of Rs 467 m (up 120.2% YoY). Sales on the other hand came in at Rs 2 bn (up 31.6% YoY). Read on for a complete analysis of TATA SPONGE's quarterly results.

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