Price
Financials
Standalone, Rs crore| Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 308 | 227 | 85 | 72 | 52 | 24 | 25 | 18 | 13 | 11 | 13 | 11 |
| Expenses | 597 | 368 | 147 | 189 | 87 | 26 | 31 | 20 | 798 | 17 | 20 | 16 |
| Operating Profit | -289 | -141 | -63 | -117 | -35 | -3 | -6 | -2 | -784 | -6 | -7 | -5 |
| OPM % | -94% | -62% | -74% | -162% | -67% | -11% | -23% | -11% | -5,930% | -51% | -56% | -49% |
| Other Income | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Interest | 32 | 32 | 37 | 4 | -45 | 0 | 1 | -2 | 272 | 37 | 38 | 38 |
| Depreciation | 9 | 9 | 9 | 9 | 8 | 10 | 9 | 10 | 5 | 7 | 7 | 7 |
| Profit before tax | -329 | -181 | -109 | -130 | 2 | -12 | -16 | -9 | -1,061 | -50 | -51 | -50 |
| Tax % | -2% | 0% | 0% | 0% | 0% | 0% | -29% | -33% | -0% | -5% | 0% | -1% |
| Net Profit | -322 | -181 | -109 | -130 | 2 | -12 | -11 | -6 | -1,059 | -47 | -52 | -49 |
| EPS in Rs | -84.64 | -47.52 | -28.58 | -16.72 | 0.26 | -1.59 | -1.45 | -0.81 | -136.28 | -6.08 | -6.64 | -6.31 |
| Jun 2007 | Jun 2008 | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Mar 2015 9m | Mar 2016 | Mar 2017 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 69 | 140 | 208 | 342 | 561 | 811 | 949 | 1,222 | 1,277 | 1,579 | 436 | 48 |
| Expenses | 62 | 122 | 181 | 294 | 486 | 704 | 820 | 1,063 | 1,110 | 1,721 | 789 | 850 |
| Operating Profit | 7 | 19 | 27 | 48 | 75 | 107 | 129 | 159 | 167 | -142 | -353 | -803 |
| OPM % | 10% | 13% | 13% | 14% | 13% | 13% | 14% | 13% | 13% | -9% | -81% | -1,678% |
| Other Income | 0 | 0 | 1 | 1 | 2 | 2 | 2 | 5 | 1 | 2 | 1 | 1 |
| Interest | 2 | 2 | 5 | 14 | 22 | 39 | 50 | 77 | 82 | 120 | 30 | 384 |
| Depreciation | 1 | 2 | 2 | 5 | 9 | 15 | 15 | 21 | 31 | 39 | 35 | 26 |
| Profit before tax | 5 | 16 | 20 | 29 | 46 | 55 | 65 | 67 | 54 | -298 | -417 | -1,212 |
| Tax % | 18% | 19% | 25% | 19% | 23% | 23% | 30% | 4% | 23% | 0% | 0% | |
| Net Profit | 4 | 13 | 15 | 24 | 35 | 42 | 45 | 64 | 42 | -299 | -417 | -1,206 |
| EPS in Rs | 6.98 | 11.07 | 9.31 | 11.12 | 11.92 | 16.94 | 11.00 | -78.60 | -53.75 | -155.31 | ||
| Dividend Payout % | 19% | 7% | 7% | 9% | 16% | 13% | 0% | 0% | 5% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 28% | -5% | -23% | -60% | ||
| Compounded Profit Growth | % | % | % | -4229% | ||
| Stock Price CAGR | -19% | % | % | % | ||
| Return on Equity | % | % | % | % |
| Jun 2006 | Jun 2007 | Jun 2008 | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 18 | 18 | 21 | 22 | 38 | 38 | 38 | 38 | 38 | 38 | 78 |
| Reserves | 5 | 15 | 32 | 46 | 81 | 198 | 234 | 279 | 346 | 374 | 75 | -338 |
| Borrowings | 14 | 16 | 41 | 95 | 215 | 322 | 473 | 627 | 778 | 932 | 1,034 | 997 |
| Other Liabilities | 7 | 6 | 14 | 29 | 31 | 52 | 74 | 92 | 136 | 218 | 383 | 433 |
| Total Liabilities | 32 | 55 | 104 | 191 | 349 | 610 | 819 | 1,036 | 1,297 | 1,562 | 1,530 | 1,170 |
| Fixed Assets | 10 | 18 | 25 | 76 | 78 | 154 | 152 | 138 | 359 | 340 | 313 | 282 |
| CWIP | 8 | 10 | 27 | 6 | 27 | 19 | 44 | 141 | 30 | 36 | 41 | 42 |
| Investments | 0 | 0 | 1 | 4 | 15 | 18 | 17 | 17 | 17 | 17 | 86 | 86 |
| Other Assets | 13 | 26 | 52 | 105 | 229 | 420 | 605 | 740 | 891 | 1,169 | 1,090 | 758 |
| Total Assets | 32 | 55 | 104 | 191 | 349 | 610 | 819 | 1,036 | 1,297 | 1,562 | 1,530 | 1,170 |
| Jun 2006 | Jun 2007 | Jun 2008 | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1 | -4 | -4 | -22 | -69 | 25 | 18 | 77 | 119 | 139 | 167 | -45 |
| Cash from Investing Activity | -3 | -11 | -26 | -36 | -39 | -79 | -39 | -107 | -108 | -18 | -56 | 27 |
| Cash from Financing Activity | 2 | 16 | 30 | 57 | 132 | 79 | 25 | 9 | -30 | -92 | -108 | 27 |
| Net Cash Flow | -0 | 0 | 0 | -0 | 24 | 25 | 4 | -21 | -18 | 28 | 4 | 9 |
| Free Cash Flow | -2 | -15 | -29 | -54 | -98 | -53 | -21 | -21 | 4 | 122 | 158 | -49 |
| CFO/OP | 23% | -55% | -18% | -71% | -134% | 40% | 24% | 69% | 84% | 88% | -119% | 14% |
| Jun 2006 | Jun 2007 | Jun 2008 | Jun 2009 | Jun 2010 | Jun 2011 | Jun 2012 | Jun 2013 | Jun 2014 | Mar 2015 | Mar 2016 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 60 | 64 | 65 | 70 | 85 | 94 | 92 | 79 | 100 | 105 | 570 |
| Inventory Days | 67 | 76 | 77 | 135 | 178 | 180 | 173 | 193 | 207 | 239 | 107 | 8 |
| Days Payable | 18 | 22 | 26 | 45 | 31 | 15 | 18 | 23 | 33 | 33 | 37 | 77 |
| Cash Conversion Cycle | 112 | 114 | 115 | 156 | 217 | 249 | 249 | 262 | 253 | 306 | 175 | 501 |
| Working Capital Days | 64 | 101 | 98 | 139 | 190 | 211 | 219 | 237 | 226 | 269 | 165 | 285 |
| ROCE % | 18% | 25% | 20% | 18% | 15% | 14% | 14% | 13% | 12% | -14% | -41% |
| Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 30.58% | 30.58% | 14.98% | 14.98% | 14.98% | 14.98% | 14.98% | 14.98% | 14.98% | 14.98% |
| DIIs | 10.30% | 0.99% | 51.15% | 51.15% | 51.15% | 51.15% | 51.15% | 51.15% | 48.99% | 48.99% |
| Public | 59.12% | 68.43% | 33.86% | 33.86% | 33.86% | 33.86% | 33.86% | 33.86% | 36.03% | 36.03% |
| No. of Shareholders | 13,105 | 16,549 | 16,351 | 15,947 | 15,622 | 15,208 | 14,511 | 14,306 | 14,350 | 14,230 |
Fundamentals
Market Cap₹ 11.3 Cr.
Current Price₹ 1.45
Book Value₹ -186
ROCE-41.1 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-60%
Compounded Profit Growth (TTM)-4229%
Standalone figures.
Valuation
Market capRs 11 Cr
Enterprise valueRs 1,008 Cr
Price to book-0.04x
Price to sales0.24x
EV / sales21.07x
Earnings yield-10711.42%
P/E, 3-year average3.94x
P/B, 3-year average0.40x
P/E, 5-year average3.21x
P/B, 5-year average0.42x
Profitability
Operating margin (excl. other income)-81.11%
Operating margin (incl. other income)-80.87%
EBITDA margin-1675.62%
Pre-tax margin-2533.92%
Net profit margin-2522.71%
Net margin, latest quarter-459.76%
ROE567.68%
ROCE-41.08%
ROA-30.93%
ROE, 3-year average154.79%
ROCE, 3-year average-14.84%
ROA, 3-year average-15.78%
ROE, 5-year average99.63%
ROCE, 5-year average-3.43%
ROA, 5-year average-7.39%
ROIC (approx.)-112.46%
Other income / net worth-0.40%
Growth
Sales growth (latest year)-72.40%
Sales CAGR, 3 years-29.08%
Sales CAGR, 5 years-11.68%
Sales growth QoQ-16.00%
Sales growth YoY (latest quarter)-41.65%
Per share
EPS (TTM)Rs -155.32
EPS (latest year)Rs -53.75
EPS (latest quarter)Rs -6.31
EPS, 3-year averageRs -40.45
EPS, 5-year averageRs -18.50
Book value per shareRs -33.51
Sales per shareRs 6.16
Cash flow per shareRs -5.80
Free cash flow per shareRs -6.31
Dividend per share, 3-year averageRs 0.50
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout, 3-year average4.54%
Dividend payout, 5-year average4.54%
Efficiency
Asset turnover0.37x
Fixed asset turnover1.54x
Inventory turnover46.29x
Inventory days8 days
Debtor days570 days
Debtors turnover0.64x
Creditor days77 days
Cash conversion cycle501 days
Working capital days285 days
Leverage
Total debtRs 997 Cr
Cash and bankRs 1 Cr
Net debtRs 996 Cr
Debt to equity-3.83x
Interest coverage-2.16x
Owners' fund to total sources-22.25%
Debt to assets85.26%
Cash flow
Cash from Operating Activity (latest year)Rs -45 Cr
Cash from Investing Activity (latest year)Rs 27 Cr
Cash from Financing Activity (latest year)Rs 27 Cr
Net Cash Flow (latest year)Rs 9 Cr
Free cash flow (latest year)Rs -49 Cr
FCFE (approx.: FCF + change in debt)Rs -86 Cr
Statement figures
Net sales (TTM)Rs 48 Cr
Net sales (latest year)Rs 436 Cr
Sales (latest quarter)Rs 11 Cr
Operating profit excl. other income (latest year)Rs -353 Cr
Operating profit (latest quarter)Rs -5 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs -801 Cr
PBDT (TTM)Rs -1,185 Cr
Profit before tax (TTM)Rs -1,212 Cr
Net profit (TTM)Rs -1,206 Cr
Net profit (latest year)Rs -417 Cr
Net profit (latest quarter)Rs -49 Cr
Depreciation (TTM)Rs 26 Cr
Depreciation (latest quarter)Rs 7 Cr
Interest (TTM)Rs 384 Cr
Cost of goods sold (latest year)Rs 739 Cr
Total expenditure (latest year)Rs 789 Cr
Total income (latest year)Rs 437 Cr
Share capitalRs 78 Cr
ReservesRs -338 Cr
Shareholders' fundsRs -260 Cr
Total assetsRs 1,170 Cr
Net blockRs 282 Cr
Capital work in progressRs 42 Cr
InvestmentsRs 86 Cr
ReceivablesRs 680 Cr
InventoryRs 16 Cr
Other liabilitiesRs 433 Cr
Shares outstanding (crore)7.77
Ownership
Promoter holding14.98% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | USHERAGRO | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -14.7% | -2.8% | -11.9 pts |
| 1 month | -21.6% | -6.8% | -14.8 pts |
| 3 months | -43.1% | -7.6% | -35.5 pts |
| 6 months | -31.0% | +0.4% | -31.4 pts |
| 1 year | -65.9% | -9.9% | -56.0 pts |
| 2 years | -85.6% | -13.6% | -72.0 pts |
| 3 years | -94.8% | +14.2% | -109.0 pts |
| 5 years | -95.6% | +27.9% | -123.5 pts |
Red flags
F-score 1 of 7| serious | Negative equity Shareholders' equity is negative |
| explain | Receivables outrunning sales Receivables grew 49% vs sales -72% in 2017 |
| 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
Dec 2018Sales ₹11 Cr -38.9% vs Dec 2017.
Net loss ₹49 Cr.
Activity
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No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2018-09-24 | Annual General Meeting | |
| 2017-09-22 | Annual General Meeting | |
| 2016-09-21 | Annual General Meeting | |
| 2015-09-16 | Annual General Meeting/ Dividend - Re 0.50/- Per Share | |
| 2014-12-11 | Annual General Meeting | |
| 2013-12-12 | Annual General Meeting | |
| 2012-12-13 | Annual General Meeting And Dividend Rs.1.50 Per Share | |
| 2011-12-15 | Annual General Meeting And Dividend Rs.1.50 Per Share | |
| 2010-12-21 | Annual Book Closure |
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 Usher Agro Ltd?
Usher Agro Ltd (USHERAGRO) has a market capitalisation of Rs 11.3 Cr. at the 2019-03-29 close.
What were Usher Agro Ltd's latest quarterly results?
In the Dec 2018 quarter, Usher Agro Ltd sales was Rs 11 Cr (-38.9% vs Dec 2017) with a net loss of Rs 49 Cr.