Poona Dal & Oil Industries revenue dropped on 33.5% in 2015
29-05-2015 • About Poona Dal & Oil Industries (
$POONADAL) • By InTwits
Poona Dal & Oil Industries reported FY2015 financial results today. Overall the company's long term financial model is characterised by the following facts:
- Poona Dal & Oil Industries is a company in decline: FY2015 revenue growth was -33.5%, 5 years revenue CAGR was -2.8%
- EBITDA Margin is declining: in FY2015 vs. in FY2014 vs. 2.2% in FY2011
- It operates with high leverage: Net Debt/EBITDA is 5.8x while industry average is 3.0x
Below you can find a comprehensive analysis of the key data driving the company's performance and stock price.
Poona Dal & Oil Industries ($POONADAL) key annual financial indicators
| mln. INR | 2011 | 2012 | 2013 | 2014 | 2015 | 2015/2014 |
|---|
P&L
|
|---|
| Revenue | 2,741 | 2,799 | 3,642 | 2,797 | 1,859 | -33.5% |
| EBITDA | 61 | 54 | 42 | | | |
| Net Income | 24 | 23 | 26 | 16 | 7 | -53.5% |
Balance Sheet
|
|---|
| Cash | 213 | 9 | 126 | | | |
| Short Term Debt | 78 | 9 | 41 | | | |
| Long Term Debt | 0 | 0 | 0 | | | |
Cash flow
|
|---|
| Capex | 8 | 14 | | | | |
Ratios
|
|---|
| Revenue growth | 27.7% | 2.1% | 30.1% | -23.2% | -33.5% | |
| EBITDA growth | 18.3% | -11.2% | -22.0% | | | |
| EBITDA Margin | 2.2% | 1.9% | 1.2% | 0.0% | 0.0% | 0.0% |
| Net Income Margin | 0.9% | 0.8% | 0.7% | 0.6% | 0.4% | -0.2% |
| CAPEX, % of revenue | 0.3% | 0.5% | | | | 0.0% |
| ROIC | 17.2% | 18.1% | 13.2% | | | 0.0% |
| ROE | 14.3% | 12.4% | 12.9% | | | 0.0% |
| Net Debt/EBITDA | -2.2x | -0.0x | -2.0x | | | 0.0x |
Revenue and profitability
Poona Dal & Oil Industries's Revenue dropped on 33.5% in FY2015.
Net Income marign showed almost no change in FY2015.
Appendix 1: Peers in Edible Oils
Below we provide Poona Dal & Oil Industries benchmarking against other companies in Edible Oils industry for the last 5 years. We show data for the top-5 companies by key financial metric together with the median value for all the companies in the industry.
Top companies by Revenue growth, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Natraj Proteins ($NATRAJPR) | -46.9% | 16.3% | 44.1% | 14.8% | |
| Rasoya Proteins ($RASOYPR) | -50.3% | 228.9% | 7.2% | 13.6% | |
| Ruchi Infrastructure ($RUCHINFRA) | 71.8% | 44.0% | -23.4% | 13.4% | |
| Ajanta Soya ($AJANTSOY) | -55.4% | 22.4% | 13.2% | 13.1% | |
| Gokul Refoils & Solvent ($GOKUL) | -32.9% | 36.6% | -11.7% | 10.9% | |
| |
|---|
| Median (7 companies) | -32.9% | 36.6% | 7.2% | 13.1% | |
|---|
| Poona Dal & Oil Industries ($POONADAL) | | 2.1% | 30.1% | -23.2% | -33.5% |
Top companies by EBITDA margin, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Rasoya Proteins ($RASOYPR) | 6.0% | 7.3% | 6.0% | 6.3% | |
| Natraj Proteins ($NATRAJPR) | 2.9% | 4.5% | 6.4% | 4.2% | |
| Gokul Refoils & Solvent ($GOKUL) | 4.1% | 0.5% | 1.5% | 2.8% | |
| Divya Jyoti Industries ($DIVYAJYQ) | 2.4% | 3.3% | 2.2% | 2.0% | |
| Ruchi Infrastructure ($RUCHINFRA) | 3.9% | 1.7% | 1.9% | 1.0% | |
| |
|---|
| Median (6 companies) | 2.9% | 1.7% | 1.9% | 2.4% | |
|---|
Top companies by CAPEX/Revenue, %
| Top | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Gokul Refoils & Solvent ($GOKUL) | 0.9% | 0.8% | 0.4% | 0.4% | |
| Rasoya Proteins ($RASOYPR) | 13.9% | 3.7% | 2.2% | 0.2% | |
| Ruchi Infrastructure ($RUCHINFRA) | 0.4% | 0.6% | 0.1% | 0.1% | |
| |
|---|
| Median (3 companies) | 2.1% | 0.7% | 0.4% | 0.2% | |
|---|
Top companies by ROIC, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Rasoya Proteins ($RASOYPR) | | 19.0% | 12.5% | 12.6% | |
| Gokul Refoils & Solvent ($GOKUL) | 15.1% | 0.1% | 2.8% | 10.9% | |
| Ruchi Infrastructure ($RUCHINFRA) | 9.4% | 4.5% | 3.5% | 1.9% | |
| Raj Oil Mills ($RAJOIL) | | | | | |
| Sam Industries ($SAMINDUS) | 12.7% | 25.4% | 4.9% | | |
| |
|---|
| Median (9 companies) | 9.5% | 5.1% | 3.5% | 10.9% | |
|---|
| Poona Dal & Oil Industries ($POONADAL) | 17.2% | 18.1% | 13.2% | | |
Top companies by Net Debt / EBITDA
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Ruchi Infrastructure ($RUCHINFRA) | 3.3x | 3.1x | 7.7x | 13.3x | |
| Rasoya Proteins ($RASOYPR) | 5.9x | 1.9x | 2.7x | 2.4x | |
| Gokul Refoils & Solvent ($GOKUL) | 2.8x | 46.9x | 8.9x | 2.3x | |
| Divya Jyoti Industries ($DIVYAJYQ) | 8.5x | 0.0x | 2.9x | 0.0x | |
| Ajanta Soya ($AJANTSOY) | 4.6x | 8.5x | 12.7x | 0.0x | |
| |
|---|
| Median (6 companies) | 5.2x | 3.1x | 2.9x | 1.2x | |
|---|
