Price
Financials
Consolidated, Rs crore| Jun 2018 | Sep 2018 | Jun 2019 | Sep 2019 | |
|---|---|---|---|---|
| Sales | 27 | 18 | 10 | 11 |
| Expenses | 26 | 17 | 12 | 12 |
| Operating Profit | 0 | 1 | -2 | -1 |
| OPM % | 0.8% | 4.5% | -18% | -12% |
| Other Income | 0 | 0 | 0 | -2 |
| Interest | 11 | 11 | 10 | 11 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | -11 | -10 | -12 | -14 |
| Tax % | 26% | 31% | 0% | 5% |
| Net Profit | -13 | -14 | -12 | -15 |
| EPS in Rs | -0.55 | -0.55 | -0.52 | -0.62 |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 326 | 348 | 473 | 682 | 781 | 779 | 827 | 732 | 507 | 265 | 127 | 90 |
| Expenses | 291 | 383 | 446 | 608 | 720 | 705 | 749 | 784 | 659 | 420 | 253 | 93 |
| Operating Profit | 34 | -35 | 26 | 75 | 61 | 74 | 78 | -52 | -152 | -155 | -126 | -3 |
| OPM % | 11% | -10% | 6% | 11% | 8% | 9% | 9% | -7% | -30% | -58% | -100% | -3.2% |
| Other Income | 22 | 143 | 42 | 11 | 14 | 13 | -22 | 44 | 17 | 4 | -79 | -33 |
| Interest | 17 | 15 | 20 | 37 | 35 | 41 | 52 | 60 | 59 | 38 | 36 | 44 |
| Depreciation | 8 | 11 | 15 | 28 | 14 | 12 | 9 | 10 | 7 | 6 | 4 | 1 |
| Profit before tax | 31 | 82 | 34 | 21 | 26 | 34 | -6 | -78 | -201 | -195 | -245 | -81 |
| Tax % | 21% | 13% | 36% | 15% | 22% | 42% | 14% | -1% | -0% | 1% | 1% | 17% |
| Net Profit | 25 | 71 | 21 | 18 | 20 | 19 | -7 | -77 | -201 | -197 | -247 | -95 |
| EPS in Rs | 2.54 | 5.08 | 1.83 | 2.29 | 1.89 | 1.77 | -0.46 | -6.54 | -17.36 | -8.35 | -10.42 | -3.96 |
| Dividend Payout % | 16% | 6% | 11% | 11% | 5% | 6% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -13% | -36% | -44% | -29% | ||
| Compounded Profit Growth | % | % | 19% | 60% | ||
| Stock Price CAGR | -17% | % | % | % | ||
| Return on Equity | % | % | % | % |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20 | 23 | 23 | 23 | 11 | 11 | 11 | 11 | 11 | 23 | 23 | 23 |
| Reserves | 426 | 805 | 809 | 999 | 543 | 562 | 559 | 483 | 293 | 177 | -61 | -157 |
| Borrowings | 215 | 250 | 396 | 366 | 377 | 355 | 501 | 466 | 352 | 252 | 197 | 165 |
| Other Liabilities | 216 | 297 | 306 | 414 | 98 | 106 | 95 | 85 | 55 | 49 | 110 | 149 |
| Total Liabilities | 876 | 1,376 | 1,534 | 1,801 | 1,030 | 1,035 | 1,167 | 1,045 | 711 | 501 | 270 | 180 |
| Fixed Assets | 273 | 356 | 436 | 688 | 102 | 92 | 82 | 69 | 52 | 65 | 59 | 58 |
| CWIP | 161 | 227 | 299 | 98 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 43 | 196 | 115 | 164 | 55 | 68 | 47 | 45 | 56 | 50 | 50 | 13 |
| Other Assets | 399 | 597 | 684 | 851 | 872 | 874 | 1,038 | 930 | 602 | 386 | 161 | 109 |
| Total Assets | 876 | 1,376 | 1,534 | 1,801 | 1,030 | 1,035 | 1,167 | 1,045 | 711 | 501 | 270 | 180 |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 12 | -66 | -60 | -66 | -44 | 44 | -145 | 82 | 149 | 51 | -3 | -4 |
| Cash from Investing Activity | -333 | -536 | -71 | -80 | 7 | 9 | 43 | 20 | 18 | 19 | 3 | 8 |
| Cash from Financing Activity | 315 | 626 | 109 | 132 | 47 | -48 | 98 | -96 | -173 | -66 | -6 | -5 |
| Net Cash Flow | -6 | 24 | -22 | -15 | 10 | 4 | -4 | 6 | -5 | 4 | -6 | -1 |
| Free Cash Flow | -144 | -209 | -196 | -113 | -56 | 40 | -145 | 82 | 148 | 38 | -2 | -4 |
| CFO/OP | 59% | 144% | -177% | -68% | -47% | 66% | -180% | -162% | -98% | -36% | 3% | 115% |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 87 | 98 | 117 | 116 | 147 | 143 | 150 | 140 | 87 | 116 | 199 | 276 |
| Inventory Days | 319 | 348 | 270 | 247 | 186 | 204 | 194 | 209 | 206 | 207 | 33 | 63 |
| Days Payable | 186 | 98 | 89 | 56 | 52 | 57 | 44 | 39 | 24 | 38 | 50 | 133 |
| Cash Conversion Cycle | 220 | 348 | 299 | 306 | 281 | 290 | 299 | 311 | 269 | 285 | 182 | 206 |
| Working Capital Days | 294 | 487 | 420 | 303 | 330 | 317 | 375 | 376 | 333 | 375 | 21 | -256 |
| ROCE % | 8% | 4% | 4% | 4% | 5% | 8% | 7% | -3% | -17% | -29% | -43% | -3% |
| Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 20.21% | 20.21% | 20.21% | 20.21% | 20.21% | 20.18% | 20.21% | 20.21% | 20.21% | 20.21% | 20.21% | 20.15% |
| FIIs | 2.45% | 2.45% | 2.45% | 2.45% | 2.45% | 2.45% | 2.45% | 2.45% | 2.45% | 2.45% | 2.45% | 2.33% |
| DIIs | 51.40% | 51.40% | 51.40% | 51.40% | 51.40% | 51.40% | 51.40% | 51.41% | 51.37% | 51.34% | 51.34% | 51.26% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 25.94% | 25.94% | 25.94% | 25.94% | 25.92% | 25.95% | 25.94% | 25.93% | 25.97% | 26.00% | 26.00% | 26.26% |
| No. of Shareholders | 32,477 | 31,826 | 31,696 | 31,171 | 30,216 | 30,429 | 30,062 | 29,861 | 29,340 | 29,305 | 29,088 | 29,493 |
Fundamentals
Market Cap₹ 15.2 Cr.
Current Price₹ 0.65
Book Value₹ -5.75
ROCE-3.48 %
ROE%
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-29%
Compounded Profit Growth (TTM)60%
Consolidated figures.
Valuation
Market capRs 15 Cr
Enterprise valueRs 171 Cr
Price to book-0.11x
Price to sales0.17x
EV / sales1.91x
Earnings yield-609.43%
P/B, 3-year average-0.75x
P/B, 5-year average-0.39x
Profitability
Operating margin (excl. other income)-3.22%
Operating margin (incl. other income)-39.96%
EBITDA margin-39.96%
Pre-tax margin-90.35%
Net profit margin-103.01%
ROE107.63%
ROCE-39.05%
ROA-41.09%
ROE, 3-year average-89.58%
ROCE, 3-year average-45.21%
ROA, 3-year average-45.44%
ROE, 5-year average-66.50%
ROCE, 5-year average-31.00%
ROA, 5-year average-33.14%
ROIC (approx.)-198.89%
Tax rate-17.28%
Other income / net worth24.58%
Growth
Sales growth (latest year)-29.25%
Sales CAGR, 3 years-43.86%
Sales CAGR, 5 years-35.86%
Per share
EPS (TTM)Rs -3.96
EPS (latest year)Rs -3.96
EPS, 3-year averageRs -7.58
EPS, 5-year averageRs -9.33
Book value per shareRs -5.75
Sales per shareRs 3.85
Cash flow per shareRs -0.16
Free cash flow per shareRs -0.17
Efficiency
Asset turnover0.50x
Fixed asset turnover1.56x
Inventory turnover7.11x
Inventory days51 days
Debtor days276 days
Debtors turnover1.32x
Creditor days133 days
Cash conversion cycle206 days
Working capital days-256 days
Leverage
Total debtRs 165 Cr
Cash and bankRs 9 Cr
Net debtRs 156 Cr
Debt to equity-1.23x
Interest coverage-0.85x
Owners' fund to total sources-74.42%
Debt to assets91.78%
Cash flow
Cash from Operating Activity (latest year)Rs -4 Cr
Cash from Investing Activity (latest year)Rs 8 Cr
Cash from Financing Activity (latest year)Rs -5 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -4 Cr
FCFE (approx.: FCF + change in debt)Rs -36 Cr
Statement figures
Net sales (TTM)Rs 90 Cr
Net sales (latest year)Rs 90 Cr
Operating profit excl. other income (latest year)Rs -3 Cr
Other income (TTM)Rs -33 Cr
EBITDA (TTM)Rs -36 Cr
PBDT (TTM)Rs -80 Cr
Profit before tax (TTM)Rs -81 Cr
Tax (latest year)Rs 14 Cr
Net profit (TTM)Rs -92 Cr
Net profit (latest year)Rs -92 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 44 Cr
Cost of goods sold (latest year)Rs 78 Cr
Total expenditure (latest year)Rs 93 Cr
Total income (latest year)Rs 57 Cr
Share capitalRs 23 Cr
ReservesRs -157 Cr
Shareholders' fundsRs -134 Cr
Total assetsRs 180 Cr
Net blockRs 58 Cr
InvestmentsRs 13 Cr
ReceivablesRs 68 Cr
InventoryRs 11 Cr
Other liabilitiesRs 149 Cr
Shares outstanding (crore)23.34
Ownership
Promoter holding20.15% (-0.06 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | PROVOGE | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -27.8% | -2.8% | -25.0 pts |
| 1 month | +0.0% | -6.8% | +6.8 pts |
| 3 months | -27.8% | -7.6% | -20.2 pts |
| 6 months | -50.0% | +0.4% | -50.4 pts |
| 1 year | -76.4% | -9.9% | -66.4 pts |
| 2 years | -85.2% | -13.6% | -71.7 pts |
| 3 years | -85.9% | +14.2% | -100.0 pts |
| 5 years | -91.2% | +27.9% | -119.0 pts |
Red flags
F-score 5 of 8| serious | Negative equity Shareholders' equity is negative |
| explain | Receivables outrunning sales Receivables grew -2% vs sales -29% in 2019 |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
No quarterly results published.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2015-09-22 | Annual General Meeting | |
| 2014-09-18 | Annual General Meeting | |
| 2013-09-19 | Annual General Meeting / Dividend - Re 0.10/- Per Share | |
| 2012-09-13 | Annual General Meeting/Dividend Re 0.10 Per Share |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Provogue (India) Ltd?
Provogue (India) Ltd (PROVOGE) has a market capitalisation of Rs 15.2 Cr. at the 2019-11-14 close.