Gujarat-based manufacturer of cattle feed and cotton-seed agro by-products (cottonseed meal, linters, oil cake) from a single 40,000-TPA plant near Mehsana.
Price
Market Cap
Sector
Fast Moving Consumer Goods
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 14 | 14 | 14 | 14 | 14 | 38 | 38 | 38 |
| Reserves | 1 | 1 | 2 | 2 | 3 | 18 | 20 | 21 |
| Borrowings | 8 | 9 | 10 | 10 | 10 | 9 | 11 | 10 |
| Other Liabilities | 2 | 3 | 2 | 1 | 1 | 1 | 2 | 3 |
| Total Liabilities | 24 | 27 | 27 | 27 | 28 | 66 | 71 | 72 |
| AssetsFixed Assets | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Other Assets | 20 | 23 | 23 | 24 | 25 | 63 | 67 | 68 |
| Total Assets | 24 | 27 | 27 | 27 | 28 | 66 | 71 | 72 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -5 | 0 | 0 | -0 | 0 | 1 | -16 | -1 |
| Cash from Investing | -2 | 0 | 0 | 0 | 0 | 0 | -4 | -3 |
| Cash from Financing | 9 | -2 | -0 | 0 | -1 | -1 | 34 | -0 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -8 | 0 | 0 | -0 | 0 | 1 | -16 | -1 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
NARMADA · CYCLICAL_UNMODELABLE
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