Financials Incap Limited

Equities

INCAP6

INE437C01012

Electronic Equipment & Parts

Delayed Bombay S.E. 07:45:00 26/06/2024 BST 5-day change 1st Jan Change
64 INR +1.59% Intraday chart for Incap Limited -4.31% +23.20%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 464 191.7 121.9 99.33 196.3 176.8
Enterprise Value (EV) 1 393.1 172 -7.969 -61.06 66.67 62.19
P/E ratio 16.3 x 19.8 x 27.6 x 17 x 24.5 x 26.7 x
Yield 1.11% 2.68% - 5.17% 2.61% 2.9%
Capitalization / Revenue 1.67 x 0.91 x 0.32 x 0.48 x 0.85 x 0.84 x
EV / Revenue 1.41 x 0.81 x -0.02 x -0.29 x 0.29 x 0.3 x
EV / EBITDA 11.9 x 10.5 x -1.21 x -78.9 x 11.5 x 8.46 x
EV / FCF 15.4 x 8.73 x -0.08 x 3.59 x -1.74 x -3.88 x
FCF Yield 6.51% 11.5% -1,258% 27.9% -57.3% -25.8%
Price to Book 3.14 x 1.27 x 0.79 x 0.64 x 1.24 x 1.11 x
Nbr of stocks (in thousands) 5,133 5,133 5,133 5,133 5,133 5,133
Reference price 2 90.40 37.35 23.75 19.35 38.25 34.44
Announcement Date 25/08/18 29/08/19 07/10/20 28/09/21 29/08/22 02/09/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 277.9 211.3 383.3 209.1 231.6 210.6
EBITDA 1 32.9 16.39 6.605 0.7739 5.809 7.35
EBIT 1 29.79 11.91 2.052 -3.948 1.406 3.435
Operating Margin 10.72% 5.64% 0.54% -1.89% 0.61% 1.63%
Earnings before Tax (EBT) 1 38.93 13.7 5.983 6.818 11.57 8.912
Net income 1 28.49 9.717 4.396 5.847 8.025 6.632
Net margin 10.25% 4.6% 1.15% 2.8% 3.47% 3.15%
EPS 2 5.550 1.890 0.8600 1.140 1.560 1.290
Free Cash Flow 1 25.6 19.7 100.3 -17.03 -38.22 -16.03
FCF margin 9.21% 9.33% 26.17% -8.14% -16.5% -7.61%
FCF Conversion (EBITDA) 77.83% 120.25% 1,518.33% - - -
FCF Conversion (Net income) 89.88% 202.78% 2,281.08% - - -
Dividend per Share 2 1.000 1.000 - 1.000 1.000 1.000
Announcement Date 25/08/18 29/08/19 07/10/20 28/09/21 29/08/22 02/09/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 70.9 19.7 130 160 130 115
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 25.6 19.7 100 -17 -38.2 -16
ROE (net income / shareholders' equity) 20.8% 6.5% 2.89% 3.79% 5.13% 4.17%
ROA (Net income/ Total Assets) 8.95% 3.17% 0.43% -0.69% 0.27% 0.75%
Assets 1 318.3 306.5 1,031 -850.1 3,000 887.2
Book Value Per Share 2 28.80 29.40 29.90 30.20 30.80 31.10
Cash Flow per Share 2 14.60 5.560 26.60 34.80 28.90 24.70
Capex 1 5.74 9.27 1.53 0.16 0.09 5.78
Capex / Sales 2.07% 4.39% 0.4% 0.08% 0.04% 2.75%
Announcement Date 25/08/18 29/08/19 07/10/20 28/09/21 29/08/22 02/09/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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