Basant Agro Tech (India) EBITDA dropped on 22.3% and EBITDA Margin decreased on 2.3 pp from 9.1% to 6.8%
31-05-2016 • About Basant Agro Tech (India) (
$BASANTGL) • By InTwits
Basant Agro Tech (India) reported FY2016 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
Basant Agro Tech (India)'s Revenue increased on 3.5%. Revenue decline was accompanies by EBITDA margin decline. EBITDA Margin decreased on 2.5 pp from 9.1% to 6.6% in FY2016.
Net Income margin decreased slightly on 1.3 pp from 3.0% to 1.8% in FY2016. During the last 5 years Net Income margin topped in FY2014 at 5.3% and was declining since that time.
Financial and operational results
Basant Agro Tech (India) ($BASANTGL) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 2,765 | 2,910 | 3,136 | 3,061 | 3,166 | 3.5% |
| EBITDA | 239 | 272 | 269 | 278 | 216 | -22.3% |
| Net Income | 77 | 101 | 165 | 93 | 56 | -39.7% |
Balance Sheet
|
|---|
| Cash | 8 | 17 | | | | |
| Short Term Debt | 610 | 638 | | | | |
| Long Term Debt | 328 | 418 | | | | |
Cash flow
|
|---|
| Capex | 178 | | | | | |
Ratios
|
|---|
| Revenue growth | 63.9% | 5.3% | 7.7% | -2.4% | 3.5% | |
| EBITDA growth | 48.6% | 13.8% | -1.1% | 3.2% | -22.3% | |
|
|---|
| EBITDA Margin | 8.7% | 9.4% | 8.6% | 9.1% | 6.8% | -2.3% |
| Net Income Margin | 2.8% | 3.5% | 5.3% | 3.0% | 1.8% | -1.3% |
| CAPEX, % of revenue | 6.4% | | | | | |
|
|---|
| ROIC | 13.9% | 13.0% | | | | |
| ROE | 13.9% | 15.5% | | | | |
| Net Debt/EBITDA | 3.9x | 3.8x | 0.0x | 0.0x | 0.0x |
Peers in Fertilizers
Below you can find Basant Agro Tech (India) benchmarking vs. other companies in Fertilizers industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Khaitan Chemicals & Fertilizers ($KHAICHEM) | - | -29.1% | -14.7% | -15.2% | 19.2% |
| Gujarat State Fertilizers & Chemicals ($GSFC) | - | 17.9% | -13.4% | -1.6% | 15.8% |
| Chambal Fertilisers & Chemicals ($CHAMBLFERT) | - | 8.8% | 8.6% | 9.3% | 8.1% |
| Coromandel International ($COROMANDEL) | - | -38.7% | 18.8% | 13.4% | 0.9% |
| Rama Phosphates ($RAMAPHO) | - | 11.4% | -13.9% | -25.0% | -2.5% |
| |
|---|
| Median (5 companies) | - | 8.8% | -13.4% | -1.6% | 8.1% |
|---|
| Basant Agro Tech (India) ($BASANTGL) | - | 5.3% | 7.7% | -2.4% | 3.5% |
Top companies by EBITDA margin, %
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Gujarat State Fertilizers & Chemicals ($GSFC) | 22.4% | 13.6% | 12.1% | 12.3% | 11.1% |
| Coromandel International ($COROMANDEL) | 10.8% | 16.3% | 14.0% | 12.8% | 8.7% |
| Chambal Fertilisers & Chemicals ($CHAMBLFERT) | 13.2% | 10.7% | 10.6% | 8.2% | 8.3% |
| Rama Phosphates ($RAMAPHO) | 11.2% | 7.7% | 0.2% | 0.1% | 6.7% |
| |
|---|
| Median (4 companies) | 11.2% | 10.7% | 10.6% | 10.5% | 8.5% |
|---|
| Basant Agro Tech (India) ($BASANTGL) | 8.7% | 9.4% | 8.6% | 9.1% | 6.8% |
Top companies by CAPEX/Revenue, %
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Chambal Fertilisers & Chemicals ($CHAMBLFERT) | 1.6% | 1.2% | 1.7% | 2.0% | 6.4% |
| Gujarat State Fertilizers & Chemicals ($GSFC) | 7.7% | 6.6% | 5.6% | 2.6% | 4.0% |
| Coromandel International ($COROMANDEL) | - | 4.4% | 1.6% | 1.2% | 1.3% |
| |
|---|
| Median (3 companies) | 1.7% | 4.3% | 1.7% | 2.0% | 4.0% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Coromandel International ($COROMANDEL) | 22.2% | 16.7% | 18.3% | 20.5% | 12.5% |
| Gujarat State Fertilizers & Chemicals ($GSFC) | 27.1% | 14.2% | 9.2% | 10.2% | 9.7% |
| Chambal Fertilisers & Chemicals ($CHAMBLFERT) | 13.6% | 9.3% | 9.2% | 8.6% | 9.4% |
| Teesta Agro Industries ($TEEAI) | - | - | - | - | - |
| Rama Phosphates ($RAMAPHO) | 40.0% | 23.5% | - | - | - |
| |
|---|
| Median (6 companies) | 22.2% | 11.7% | 9.2% | 10.2% | 9.7% |
|---|
| Basant Agro Tech (India) ($BASANTGL) | 13.9% | 13.0% | - | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Chambal Fertilisers & Chemicals ($CHAMBLFERT) | 3.3x | 5.4x | 4.5x | 4.5x | 5.4x |
| Coromandel International ($COROMANDEL) | 1.8x | 2.8x | 1.4x | 2.0x | 2.9x |
| Gujarat State Fertilizers & Chemicals ($GSFC) | -0.2x | 1.6x | 0.6x | 0.6x | 1.8x |
| Teesta Agro Industries ($TEEAI) | 0.0x | - | - | - | 0.0x |
| Rama Phosphates ($RAMAPHO) | 0.8x | 1.2x | 0.0x | 0.0x | 0.0x |
| |
|---|
| Median (5 companies) | 1.8x | 2.8x | 1.4x | 0.6x | 1.8x |
|---|
| Basant Agro Tech (India) ($BASANTGL) | 3.9x | 3.8x | 0.0x | 0.0x | 0.0x |
