RATING

RECOMMENDATION

Neutral

  • ROFR Required
  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

  • Primary

  • Secondary

RATING

RECOMMENDATION

Neutral

Business Type

Traditional Business

RATING

RECOMMENDATION

Neutral

Business Type

Traditional Business

  • India Carbon Growth

Before investing you should read about India Carbon Key ratio, revenue growth and everything that helps you to find its financial journey. You can go through Planify and read on India carbon research report, after it you can start buy & sell unlisted shares.

India Carbon Revenue Growth

Growth in %

  • 8.01%

    1 Year

  • -13.35%

    3 Year

  • 1.44%

    5 Year

In FY21, though the company has witnessed a marginal increase in overall revenue, however the revenue from operations have decreased by ~ 5% on account of fall in sales volume of Calcined Petroleum Coke (CPC) and Electrode Carbon Paste (ECP) by 22.80% and 9.21% respectively. The decline in sales volume is primarily attributable to covid related issues and devastating effect of super cyclone Amphan, affecting company’s Budge Budge unit, the sales reduced only marginally by 8.85% and this resulted in the fall of turnover. 

Other income increased as the company recorded a gain of INR 33 crores in FY21 as compared to INR 6 crores y-o-y.

India Carbon Net Profit Growth(PAT)

Growth in %

  • NA

    1 Year

  • -12.61%

    3 Year

  • 374.45%

    5 Year

In FY21, the company's net profit increased to INR 52.9 crores in FY21 from INR -36.5 crores in FY20 on account of decrease in cost of goods sold by 34.6% y-o-y from INR 206.2 crores to INR 134.9 crores. Low cost of inventory from the previous year, high sales realization are the main factors which led to increase in net profit in FY21 along with other gains realized on investments. 

India Carbon EPS Growth

Growth in %

  • NA

    1 Year

  • -12.61%

    3 Year

  • 208.05%

    5 Year

In FY21, the company's EPS increased to INR 199.7 from INR -137.6 in FY20 as the company managed to decrease its expenses more than the decrease in the revenue. EPS of the company showed similar growth as well the net income growth as there were no changes in the number of shares.

  • India Carbon Book Value Growth

Growth in %

  • 6.69%

    1 Year

  • 39.94%

    3 Year

  • 53.22%

    5 Year

In FY21, the company's book value increased by 6.69% y-o-y. The growth has been due to increase in retained earnings from INR 199.1 crores to INR 252 crores. Also, the other comprehensive income increased to INR 46.6 crores from INR 9.6 crores.

India Carbon EBITDA Growth

Growth in %

  • NA

    1 Year

  • -19.82%

    3 Year

  • 46.71%

    5 Year

In FY21, the company's EBITDA increased to INR 55.2 crores from INR -48.5 crores as the company reduced its cost of goods sold by 34.60% y-o-yAlso, other expenses decreased by 32.93% in FY21 along with a decrease in carriage and handling expense of INR 3 crores.

India Carbon Operating Profit Growth

Growth in %

  • NA

    1 Year

  • -20.50%

    3 Year

  • 51.32%

    5 Year

The company did not not make any significant changes in its fixed assets, hence a marginal increase in depreciation of INR 0.1 crores occurred in FY21 over FY20, thus leading to similar impact as with EBITDA.

India Carbon Asset Growth

Growth in %

  • 26.94%

    1 Year

  • 8.33%

    3 Year

  • 33.56%

    5 Year

In FY21, the total assets of the company increased by 26.94% y-o-y as the company increased its investments through other comprehensive income to INR 53.4 crores from INR 13.8 crores in FY20. Also, the company increased its investments through profit and loss to INR 108.6 crores from INR 70.5 crores in FY20.

India Carbon Cash Flow from Operations

Growth in %

  • 28.06%

    1 Year

  • -34.53%

    3 Year

  • 4.61%

    5 Year

In FY21, the company's cash flow from operations increased by 28.06% y-o-y, as the company reported profit before tax of INR 52.2 crores in FY21 as compared to negative profit before tax of INR -51.7 crores in FY20. 

  • India Carbon Solvency Ratios

India Carbon D/E Ratio

In FY21, the company's D/E ratio remained the same at 0.05 as FY20. Although the equity increased due to increase in retained earnings and other comprehensive income y-o-y. Moreover, the company reported cash credit of INR 9.8 crores in FY21 versus nil cash credit reported in FY20 which increased the total debt of the company.

India Carbon Current Ratio

In FY21, the company's current ratio increased by 5.50% y-o-y as the company managed to decrease its trade receivables from INR 29.3 crores to INR 21.9 crores. Also, the company reduced its current liabilities by 22.98% y-o-y as the company decreased its accounts payable from INR 23.9 crores to INR 3.5 crores.

India Carbon Quick Ratio

In FY21, the company did not see any major changes in the inventory levels, which led to decrease in inventory by INR 4.9 crores in FY21 from FY20, leading to similar impact as current ratio.

India Carbon Interest Coverage Ratio

In FY21, the company reported sharp increase in interest coverage ratio from -42.5 to 62.5. The increase was because company reported positive EBIT in FY21 whereas the company reported negative EBIT in FY20. Also, the interest expense decreased from 1.2 crores to 0.9 crores. A ratio of 62.5 suggests that the company has strong liquidity position in terms of industry expense coverage.

  • India Carbon Operating Efficiency

With reduction in cost of goods sold, the operating margin ratios of the company have improved. The company has already achieved savings, improved operational efficiency, optimum utilization of production capacities and customer's satisfaction.

India Carbon Operating Profit EBIT Margin(OPM)

India Carbon Profit Before Tax Margin (PBT Margin)

India Carbon Profit After Tax Margin (PAT Margin)

  • India Carbon Profitablity Ratio

India Carbon Return on Equity(RoE)

In FY21, the company's ROE increased to 18.31% from -13.46% in FY20. As per dupont analysis, the one major contributor explaining the growth of the company has been net income margin, which increased to 27% in FY21 from 17.7% in FY20. On the other hand, the asset turnover ratio declined to 0.59 from 0.63 in FY20 as the company's total assets increased with the long term investments increasing 92.06% to INR 162 crores from INR 84.3 crores in FY20. The equity multiplier also witnessed a marginal decrease which shows that the company is financed by equity and debt financing has reduced.

India Carbon Return on Capital Employed(RoCE)

In FY21, the company's ROCE increased to 18.32% from -18.37% in FY20. This has been brought about by the growth in net income in FY21 to INR 52.9 crores from INR -36.5 crores in FY20. Total capital employed in the company was INR 371.6 crores which increased from INR 292.8 crores in FY20 showing a growth of 26.94% y-o-y. With more than higher net growth, the ROCE of the company improved.

India Carbon Return to Assets (RoA)

In FY21, the company's ROA has shown an increase on account of higher net profit. On the other hand, total assets of the company increased 26.94% y-o-y and on the other hand, net income of the company grew by 245% y-o-y. This has improved the return on assets of the company.

  • India Carbon Valuation Ratios

India Carbon Dividend Yield

India Carbon Earning Yield